News Archives for Latest - 2020-08-08

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Archive - 2020-08-08

World

On Lebanon, Macron told Trump sanctions can play into Iran's hands, official says

The official, speaking ahead of a donors conference on aid to Lebanon co-hosted by France in which Trump will take part.
Israel and Iran will not be involved due to geopolitical issues, the official said.

Published 08 Aug, 2020 11:57pm

USA

US CDC reports 4,920,369 coronavirus cases

The CDC reported its tally of cases of the respiratory illness known as COVID-19.
The CDC figures do not necessarily reflect cases reported by individual states.

Published 08 Aug, 2020 11:56pm

Middle East

'Your time is up': Thousands protest against Netanyahu over economy, corruption allegations

The protest movement has intensified in recent weeks, with critics accusing Netanyahu of being distracted by a corruption case against him.
Protests have stretched beyond Netanyahu's official residence in Jerusalem, with many Israelis gathering on bridges and highway junctions across the country.

Published 08 Aug, 2020 11:49pm

USA

Trump seeks to go it alone after coronavirus stimulus talks break down

Amid congressional inaction, POTUS will be taking action to help Americans in need," the official told.
Trump initially played down the disease's threat and has drawn criticism for inconsistent messages on public health steps such as social distancing and masks.

Published 08 Aug, 2020 11:53pm

Europe

Paris imposes face mask order for outdoor markets, River Seine strollers

The order, which applies to people aged 11 and over, covers busy outdoor areas in the French capital, although tourist sites such as the Eiffel Tower.
The rate of positive tests in the greater Paris region now stood at 2.4% compared with a national average of 1.6%, it said.

Published 08 Aug, 2020 11:45pm

Middle East

US says supports right of Lebanese to peaceful protest, urges political reforms

The embassy also said in a tweet that the Lebanese people "deserved leaders who listen to them.
Demonstrations swept central Beirut calling for the downfall of the government and the political establishment.

Published 08 Aug, 2020 11:43pm

Sports

England beat Pakistan by three wickets in 1st Test triller

England lead three-match series 1-0

Published 08 Aug, 2020 10:47pm

Sports

Sarri sacked after Juventus Champions League exit

Old Lady were knocked out by Lyon in the round of 16 tie due to away goal despite 2-2 on aggregate.

Updated 08 Aug, 2020 05:59pm

Money & Banking

SBP to credit Duty Drawbacks directly into Exporters bank accounts from Sept 1st

“I am pleased to announce that effective from 1st of September 2020, the SBP will be crediting the Duty Drawbacks directly into the bank accounts of the exporters,” he said.

Updated 08 Aug, 2020 04:52pm

Sports

Juventus decide Ronaldo’s future after shock UCL elimination

Ronaldo struck twice but failed to keep his side in the compaction as they were eliminated to Lyon 2-2 on aggregate.

Updated 08 Aug, 2020 04:40pm

Business & Finance

Deferred oil payment facility from Saudi Arabia expired last month: Ministry of Finance

The Ministry of Finance said that the deferred oil payment facility from Saudi Arabia expired on July 9 this year and a request to extend the agreement was being considered with Saudi Arabia.

Published 08 Aug, 2020 04:17pm

Sports

England need 277 to win first Test against Pakistan

The match is being played at Old Trafford in Manchester.

Published 08 Aug, 2020 03:37pm

Sports

Silva determined to go out on a high

PSG defender wants to win Champions League with French giants before retiring.

Updated 08 Aug, 2020 03:37pm

Sports

Five Indian hockey players test positive for COVID-19

Captain Manpreet Singh one of the players in training base to have Covid-19.

Published 08 Aug, 2020 03:00pm

Sports

Guardiola keeps his cool after City win

Manager’s side beat Real Madrid 4-2 on aggregate to move into Champions League quarters.

Updated 08 Aug, 2020 02:59pm

PM calls everyone to join him in 'biggest tree planting campaign' tomorrow

He said their target is to plant 3.5 million trees in a day.

Published 08 Aug, 2020 02:50pm

Sports

Pakistan have enough on board to bowl out England: Arthur

Former head coach said Shaheen and Shadab will play key role in Pakistan’s victory.

Published 08 Aug, 2020 02:01pm

World

How ammonium nitrate arrived on Russian-owned vessel in Beirut seven years ago

The Lebanese authorities seized Rhosus after the ship's owner did not pay the port fees and fine.

Published 08 Aug, 2020 01:50pm

Opinion

Taking stock - II

ARTICLE: The real challenge is progress on the economic reforms at the micro level. These long delayed reforms are...

Updated 08 Aug, 2020 01:48pm

Currency

Moody's upgrades Pakistan's outlook to 'Stable' from ‘under review for downgrade’

The stable outlook reflects Moody's view that the pressures Pakistan faces in the wake of the coronavirus shock and prospects for its credit metrics, in general, are likely to remain consistent with the current rating level, the rating agency said.

Updated 08 Aug, 2020 01:38pm

Currency

FM Qureshi explains reason for repayment of $1bn to Saudi Arabia

"The coronavirus pandemic has put a lot of pressure on the Saudi economy. The way oil prices have fallen is a historical fact, it has affected their economy," said Qureshi, while talking to local media.

Published 08 Aug, 2020 01:00pm

1505 more people have recovered from coronavirus in Pakistan

There are now 17,815 active cases in Pakistan.

Published 08 Aug, 2020 11:37am

Business & Finance

Moody's stable outlook testimony of Pakistan’s ‘V-shaped’ recovery: Asad Umar

Moody's Investors Service on Saturday confirmed Pakistan's B3 credit rating with the outlook at stable, as it concludes the review for downgrade initiated on 14 May 2020.

Published 08 Aug, 2020 11:30am

Death toll from Indian passenger aircraft accident rises to 18

This is India’s worst passenger aircraft accident since 2010.

Updated 08 Aug, 2020 10:54am

Commodities

Oil slips below $45/bbl on demand concerns but posts weekly rise

Brent crude fell 69 cents, or 1.5%, to settle at $44.40 a barrel. U.S. West Texas Intermediate (WTI) crude fell 73 cents, or 1.7%, to end at $41.22 a barrel.

Published 08 Aug, 2020 10:37am

Currency

July U.S. employment growth slows sharply

Nonfarm payrolls increased by 1.763 million jobs last month after a record 4.791 million in June, the Labor Department said on Friday. Economists polled by Reuters had forecast 1.6 million jobs were added in July.

Published 08 Aug, 2020 10:33am

Currency

Lebanon's battered economy dealt fresh blow after port blast hits 'Achilles heel'

Economists say Tuesday’s blast, which also damaged large parts of commercial Beirut, could lead to a GDP contraction of around 20-25% this year - far beyond the IMF’s recent forecast for a 12% decline due to a deepening economic and political crisis.

Published 08 Aug, 2020 10:30am

Technology

WeChat U.S. ban cuts off users link to families in China

WeChat, owned by Chinese internet giant Tencent Holdings Ltd, is popular among Chinese students, expats and some Americans who have personal or business relationships in China. Most popular messaging apps in the United States, including Facebook Messenger, Whatsapp and Telegram have been blocked in China.

Published 08 Aug, 2020 10:26am

Technology

TikTok prepares advertisers for possible app ban

The short-form video app’s advertising business is still nascent. TikTok’s anticipated $1 billion in 2020 revenue is a small fraction of its Chinese owner ByteDance’s overall sales.

Published 08 Aug, 2020 10:24am

Stocks

Slowing job growth, stimulus worries weigh on Nasdaq

The S&P 500 and the Dow Jones index ended flat to slightly higher on the day.

Published 08 Aug, 2020 10:06am

South Asia

Rajapaksa brothers take two-thirds majority

COLOMBO: Sri Lanka's ruling Rajapaksa brothers secured a two-thirds majority in a parliamentary election that ...

Updated 08 Aug, 2020 03:41am

South Asia

At least 14 dead as India airliner crashes on landing

NEW DELHI: At least 14 people were killed and 15 others were seriously injured Friday when an Indian passenger jet...

Updated 08 Aug, 2020 03:40am

USA

Former US national security advisor Scowcroft dies

WASHINGTON: Brent Scowcroft, the respected national security advisor to two Republican presidents and a Washington...

Updated 08 Aug, 2020 03:39am

World

US says sending immediate $15 million in food, medicine to Lebanon

WASHINGTON: The United States said Friday it was sending an immediate $15 million worth of food and medicine to help...

Updated 08 Aug, 2020 03:37am

World

Belgium suspends arms exports to Saudi guard

BRUSSELS: Belgium's top legal authority on Friday suspended arms export licences for shipments to Saudi Arabia's...

Updated 08 Aug, 2020 03:36am

Middle East

Lebanon president rejects global probe into port blast

BEIRUT: Lebanon's president Friday rejected any international probe into the catastrophic port blast, saying a...

Updated 08 Aug, 2020 03:35am

Pakistan

Withdrawal of Tahaffuz-e-Bunyad-e-Islam Bill 2020 demanded

LAHORE: Government and opposition members in Punjab Assembly on Friday unanimously demanded that government should...

Updated 08 Aug, 2020 03:31am

Pakistan

PML-N asks Punjab CM to step down before facing NAB inquiry

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) has asked Chief Minister Punjab Usman Buzdar to step down before...

Updated 08 Aug, 2020 03:31am

Pakistan

Public sector universities: Punjab governor takes notice of pending matters

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar has taken notice of pending matters regarding the public sector...

Updated 08 Aug, 2020 03:31am

Pakistan

Sailing club: Navy barred from giving membership

ISLAMABAD: The Islamabad High Court (IHC) on Friday barred the Pakistan Navy from issuing memberships of the Sailing...

Updated 08 Aug, 2020 03:31am

Pakistan

NAB clarifies

ISLAMABAD: Reportedly there is a malicious campaign of financial irregularities being launched on social media...

Updated 08 Aug, 2020 03:30am

Life & Style

Aaj TV - Saturday's schedule

KARACHI: All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

Updated 08 Aug, 2020 03:29am

Middle East

Children among 20 killed in Yemen strike

SANAA: Seven children were among 20 people killed in an air strike on northern Yemen, Huthi rebels and an aid...

Updated 08 Aug, 2020 03:29am

South Asia

India virus tally hit 2 million

NEW DELHI: India's official coronavirus case tally hit two million on Friday, doubling in three weeks as the ...

Updated 08 Aug, 2020 03:26am

World

Russia wants to return to Venus

MOSCOW: The head of Russia's space agency said Friday that Roscosmos wants to return to Venus and bring back soil...

Updated 08 Aug, 2020 03:26am

Two bills cleared by NA body

ISLAMABAD: The National Assembly Standing Committee on Finance on Friday cleared Limited Liability Partnership...

Updated 08 Aug, 2020 03:25am

Currency

Wapda asks CPPA-G to clear Rs 221 billion dues

ISLAMABAD: Water and Power Development Authority (Wapda) has asked Central Power Purchasing Agency-Guaranteed...

Updated 08 Aug, 2020 03:25am

Three tugs: TI-P raises objections on tendering process

ISLAMABAD: Transparency International-Pakistan (TI-P) has raised objections on tendering process of three tugs to be...

Updated 08 Aug, 2020 03:24am

India moves IOK village leaders to safety after wave of attacks

OCCUPIED SRINAGAR: India has shifted scores of village and municipality leaders, mostly from Prime Minister Narendra...

Updated 08 Aug, 2020 03:24am

Seven killed as monsoon showers lash Karachi

KARACHI: Monsoon rains Friday continued to lash the city as seven more people lost their lives while public miseries...

Updated 08 Aug, 2020 03:24am

IIOJ&K: Qureshi briefs Pompeo about India's regressive policies

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Friday held a telephonic conversation with the United States...

Updated 08 Aug, 2020 03:24am

PM for introducing system based on reward & punishment

LAHORE: Stressing on zero-tolerance for corruption, Prime Minister Imran Khan on Friday called for introducing the...

Updated 08 Aug, 2020 03:21am

PM inaugurates 'Ravi Urban Development' project

LAHORE: Prime Minister Imran Khan said on Friday Pakistan is on the 'tipping point' to be taken forward on the path...

Updated 08 Aug, 2020 03:20am

Exchange

NAB to establish special cell for white-collar crimes

ISLAMABAD: The National Accountability Bureau (NAB) has decided to establish a Special Cell for effective prove of...

Updated 08 Aug, 2020 03:19am

Pakistan

Heavy rain forecast for Balochistan

KARACHI: The Met office on Friday said the monsoon rainy weather system is now prevailing on Sindh likely to move to...

Updated 08 Aug, 2020 03:19am

Pakistan

Government to respond to APNS issues positively: Shibli

KARACHI: Senator Shibli Faraz, Federal Minister for Information who attended the Zoom meeting of the Executive...