News Archives for Latest - 2020-08-10

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Archive - 2020-08-10

50 Kachho villages submerged

DADU: Death toll in the submerged villages of Kachho area of Dadu district reached 50 on Sunday due to alarming ...

Updated 11 Aug, 2020 10:05pm

Energy

US natgas drops 5pc after last week's high prices boost output

Front-month gas futures fell 11.6 cents, or 5.2%, to $2.122 per million British thermal units at 12:50 p.m. EDT (1650 GMT). On Friday,
Data provider Refinitiv said average US production rose to 88.7 billion cubic feet per day from 88.1 bcfd in July.

Published 10 Aug, 2020 11:58pm

Energy

Oil climbs on Chinese factory data, US stimulus hopes

China's factory deflation slows in July.
US economic stimulus talks turn positive.
Iraq to deepen supply cuts in Aug, Sept.

Published 10 Aug, 2020 11:56pm

Companies

Fiat Chrysler asks judge to deny GM request to reopen racketeering case

Borman threw out the racketeering lawsuit, saying GM's alleged injuries were not caused by FCA's alleged violations.
FCA said "GM's proposed amended complaint is the latest example of the lengths it is prepared to go to, attacking a competitor.

Published 10 Aug, 2020 11:55pm

Commodities

Soybeans gain on export sales, corn perks up on dry weather

Big expected Russian, Canadian crop weakens wheat.
Corn up slightly on weather woes.
Soybeans add as exports continue to build.

Published 10 Aug, 2020 11:53pm

Sports

Former champion Kuznetsova latest to withdraw from US Open

Due to an unfavourable situation caused by coronavirus, and therefore the inability get together all my team, I made a difficult decision to refuse to participate in Cincinnati and the US Open.
The 35-year-old Kuznetsova beat compatriot Elena Dementieva in the 2004 US Open final to win the first of her two career Grand Slam titles.

Published 10 Aug, 2020 11:50pm

Stocks

Wall St mixed with stimulus in focus; Dow hits over 5-month high

Eastman Kodak plummets as govt loan agreement put on ice.
Energy stocks outperform on strong crude.
Money to flow into cyclicals on growth hopes- Analyst
Dow rises 0.99%, S&P up 0.18%, Nasdaq down 0.38%.

Published 10 Aug, 2020 11:49pm

World

Global coronavirus cases hit 20 million

The respiratory disease has infected at least four times the average number of people struck down with severe influenza illnesses annually.
The United States is responsible for around 5 million cases, Brazil 3 million and India 2 million. Russia and South Africa round out the top ten.

Published 10 Aug, 2020 11:47pm

Business & Finance

Mnuchin sees possible virus aid deal, but no talks set with Congress

Eviction protections and enhanced unemployment assistance both expired at the end of July, slashing aid for more than 30 million people.
They have to meet us in the middle. They can't just come to the table and say it's our way or no way; we'll never get a deal.

Published 10 Aug, 2020 11:46pm

USA

Trump wants stimulus payments, schools funds in COVID-19 bill: White House

"The White House is still motivated," White House spokeswoman Kayleigh McEnany told reporters at a briefing.
The president would love to see the direct payments to Americans, the president would love to see the school funding.

Published 10 Aug, 2020 11:43pm

USA

US CDC reports 5,023,649 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 10 Aug, 2020 11:42pm

Technology

Facebook, Microsoft gripes with Apple's App Store on EU's antitrust radar

The European Commission in June opened four probes into Apple, three of which are into its App Store and its restrictive rules.
The Commission is aware of these concerns regarding Apple's App Store rules.

Published 10 Aug, 2020 11:40pm

Middle East

Lebanon government quits amid outrage over Beirut blast

Demonstrations break out again in central Beirut.
Port blast killed 158, left swathes of Beirut in ruins.
Intensifies discontent over endemic graft, mismanagement.

Published 10 Aug, 2020 11:38pm

USA

US loan to Kodak will not proceed unless allegations cleared: White House

Kodak's announcement of the $765 million government loan.
White House Press Secretary Kayleigh McEnany made the remarks to reporters.

Published 10 Aug, 2020 11:36pm

Cotton

China imposes sanctions on Republican US lawmakers over Hong Kong

Those targeted were six Republican lawmakers - Senators Ted Cruz, Marco Rubio, Tom Cotton, Josh Hawley and Pat Toomey and Representative Chris Smith.
White House spokeswoman Kayleigh McEnany said the Chinese sanctions were "symbolic and ineffectual".

Published 10 Aug, 2020 11:34pm

Sports

Leeds sign Harrison on loan from Man City for another season

He is Leeds' third recruit of the transfer window following the permanent arrivals of on-loan signings Helder Costa and Illan Meslier this month.
A former youth player with Manchester United and Liverpool, Harrison has also represented England at under-21 level.

Published 10 Aug, 2020 11:31pm

Sports

Liverpool sign Greece defender Tsimikas from Olympiakos

The 24-year-old left back made 46 appearances for Olympiakos in all competitions last season as they won their 45th Greek Super League title.
I'm very happy, I'm very proud to be here. For me, (it's) the biggest club in the world. It's an honour to be here and I will give my best.

Published 10 Aug, 2020 11:30pm

Energy

Kinder Morgan gets OK to put 9th unit at Georgia Elba LNG plant in service

Kinder Morgan said Train 10 would be ready for service on Aug. 10, according to a filing with the US Federal Energy Regulatory Commission (FERC).
Trains 1-6, 8 and 9 were already available for service, with Train 1 entering service in October 2019 and Train 9 in July 2020.

Published 10 Aug, 2020 11:25pm

Life & Style

Saba Qamar and Bilal Saeed apologise for 'misunderstood' video shot at Wazir Khan Mosque

Teaser clips of upcoming music video 'Qubool' went viral over the weekend for all the wrong reasons.

Published 10 Aug, 2020 08:57pm

Lebanon's cabinet resigns amid outrage over Beirut explosion

Health Minister Hassan says PM Diab will head to the presidential palace to hand over the resignation in the name of all the ministers

Updated 10 Aug, 2020 08:32pm

USA

Blast tears through Baltimore neighborhood; at least 5 trapped: firefighters

Images on WBFF television showed a section of row houses leveled with rubble strewn about.

Published 10 Aug, 2020 08:19pm

World

NATO condemns crackdown on Belarus protests

"NATO Allies have expressed serious concerns over the conduct of the presidential election in Belarus," Stoltenberg said, in a statement from the alliance's Brussels headquarters.

Published 10 Aug, 2020 08:00pm

WHO sees hope despite looming 750,000 virus death toll

With both figures expected to be reached within days, the WHO stressed it was never too late to take action to suppress the COVID-19 crisis that has gripped the planet.

Published 10 Aug, 2020 07:59pm

Lebanon PM to announce government resignation: minister

The decision was made during a cabinet meeting that followed four ministerial resignations over the August 4 blast that left at least 160 dead and devastated swathes of Beirut.

Published 10 Aug, 2020 07:55pm

Stocks

Dow jumps, Nasdaq falls as Trump acts in absence of aid deal

Democratic House Speaker Nancy Pelosi met several times last week with Treasury Secretary Steven Mnuchin to try to reach a compromise deal on a new aid package.

Published 10 Aug, 2020 07:54pm

Sports

Blaise Matuidi set to become Inter Miami’s first big money signing

The 33-year-old still has a year to run on his Juventus contract.

Published 10 Aug, 2020 07:39pm

Pakistan

The Indus Hospital selects oracle cloud to enhance and improve patient care

As more patients register at the hospital, Oracle Fusion Cloud ERP can help automate and streamline the timely availability of medical supplies for patients.

Updated 10 Aug, 2020 07:39pm

Afghan president signs decree to release final batch of Taliban prisoners

The Taliban have said that once the prisoners are released they would start peace talks within a week

Published 10 Aug, 2020 07:27pm

Sports

Umar Akmal case: PCB to file appeal with CAS

The middle-order batsmen’s suspension was reduced to 18 months.

Published 10 Aug, 2020 06:25pm

PM urges UNGA to play its role in resolving Kashmir issue

Imran told Bozkir about the dire human rights and humanitarian situation in Jammu and Kashmir since August 5 last year

Updated 10 Aug, 2020 05:56pm

Stocks

South Korea shares jump on recovery hopes from Chinese data

Morgan Stanley said in a note the meeting on Saturday was the main source of risk for emerging markets this week.

Published 10 Aug, 2020 05:44pm

Stocks

Most major Gulf markets gain as financials jump

The state-owned company on Sunday reported a 73pc plunge in profit for the second quarter, but it stuck with plans to pay $75 billion in dividends this year.

Published 10 Aug, 2020 05:43pm

Stocks

Oil stocks boost FTSE 100 as China data signals recovery

The mid-cap FTSE 250 gained 0.7pc to a seven-week high, led by industrial, consumer discretionary and financial stocks.

Published 10 Aug, 2020 05:41pm

Forex

Rouble steady as market eyes U.S-China conflict, Belarus elections

The rouble had slipped 0.1pc against the dollar to 73.78, away from this month's low of 74.68, which it hit last Monday.

Published 10 Aug, 2020 05:39pm

Asia

Indonesia reports 1,687 new coronavirus cases, 42 more deaths

The Southeast Asian country also added 42 new deaths, taking that total to 5,765, data showed.

Published 10 Aug, 2020 05:38pm

Forex

Turkish lira slides again as funding costs edge higher

The average cost of funding rose to 8.08pc, from 7.88pc last week and 7.34pc in mid-July.

Updated 10 Aug, 2020 05:25pm

Industry

Bulgarian industrial output up 5.8pc m/m in June

Year-on-year, industrial output plunged 7.7pc in June, compared to a 16.1pc annual drop a month earlier, the office said.

Published 10 Aug, 2020 04:56pm

South Asia

Hong Kong reports 69 new coronavirus cases as local transmissions stay high

Since late January, over 4,000 people have been infected in Hong Kong, 55 of whom have died. On Sunday, Hong Kong reported 72 new cases.

Published 10 Aug, 2020 04:55pm

Stocks

European stocks flat as tech losses offset China data optimism

The pan-European STOXX 600 index edged up 0.1pc at the start of a week that could see subdued trading as traders head out for summer holidays in Europe.

Published 10 Aug, 2020 04:53pm

Middle East

Turkish unemployment edges up to 12.9pc, participation plunges yr/yr

The impact of the economy hitting a near stand-still was also evident in employment, which dropped 2.4 million year-on-year in the period to 25.9 million.

Published 10 Aug, 2020 04:51pm

Energy

Algeria's gas exports to fall sharply in 2025

The decline is mainly due to stagnant output, a rise in domestic consumption, and insufficient investment.

Published 10 Aug, 2020 04:49pm

Forex

Uganda shilling stable ahead of key rate announcement

At 0809GMT commercial banks quoted the shilling at 3,675/3,685, same level as Friday's close.

Published 10 Aug, 2020 04:48pm

Stocks

Hong Kong shares fall as tensions between Washington and Beijing rise

At the close of trade, the Hang Seng index was down 154.19 points or 0.63pc at 24,377.43.

Published 10 Aug, 2020 04:42pm

Europe

Putin congratulates Belarus strongman Lukashenko on re-election

The Kremlin said Putin had sent Alexander Lukashenko a congratulatory telegram expressing hope.

Published 10 Aug, 2020 04:45pm

Europe

Poland calls for EU summit on Belarus

Belarus borders Russia to the east, Ukraine to the south and EU member states Poland, Lithuania and Latvia to the north and west.

Published 10 Aug, 2020 04:42pm

Companies

Emirates increases passengers services in Pakistan

Emirates will now offer customers 53 weekly flights to Pakistan, which will increase to 60 weekly flights starting 16 August.

Published 10 Aug, 2020 04:43pm

Exchange

Afghan peace talks expected in days as prisoner release approved

"The Afghan government will start releasing the 400 Taliban prisoners within two days," National Security Council spokesman Javid Faisal told AFP on Monday.

Published 10 Aug, 2020 04:38pm

Forex

Sterling rises ahead of UK data; speculators' shorts decrease

The British currency rose 0.2pc $1.3053 at 0900 GMT on Monday against a slightly stronger dollar with investors also focusing on fiscal stimulus in the United States.

Published 10 Aug, 2020 04:40pm

Energy

UK GAS-Prices rise on strong gas-for-power demand

The day-ahead contract was up by 1.50 pence at 21.00 pence per therm by 0905 GMT.

Published 10 Aug, 2020 04:38pm

Energy

Oil climbs on positive China data, rising demand

Brent crude rose 54 cents, or 1.2pc, to $44.94 a barrel by 0852 GMT, while US West Texas Intermediate (WTI) crude was up 69 cents, or 1.7pc, to $41.91 a barrel.

Published 10 Aug, 2020 04:36pm

Europe

German government voices 'strong doubts' about Belarus election

"Minimum standards for democratic elections were not met" and this was "not acceptable", he added.

Published 10 Aug, 2020 04:36pm

Africa

Trial of Sudan's ousted Bashir delayed

The trial of Bashir over the military coup that brought him to power more than three decades ago, as well as of 27 other defendants, opened with a brief hearing in July.

Published 10 Aug, 2020 04:35pm

Commodities

Ivory Coast 2019/20 cocoa grind up 2.6% by end-July

Grinders processed 47,000 tonnes of beans in July 2020, down from 48,000 tonnes in July 2019.

Published 10 Aug, 2020 04:35pm

Sports

Two Atletico Madrid squad-member test positive for COVID-19 ahead of UCL quarterfinal

Big blow to Atletico Madrid ahead of their Champions League quarterfinal clash against RB Leipzig, as two squad members test positive for novel COVID-19.

Updated 10 Aug, 2020 04:36pm

Forex

Kenya's shilling edges down due to demand from importers

At 0914 GMT, commercial banks quoted the shilling at 108.10/108.30, compared with Friday's close of 107.90/108.10.

Published 10 Aug, 2020 04:34pm

Europe

Greece military confers over Turkish ship in East Med

The move came just days after the NATO allies seemed close to talks over disputed maritime zones in the Aegean.

Published 10 Aug, 2020 04:33pm

Pakistan

Sindh reports 10 deaths, 278 new cases

The province conducted 8,397 tests in the past 24 hours.

Published 10 Aug, 2020 04:34pm

Commodities

China July copper output dips, zinc production rises

Its survey of 22 copper smelters put refined cathode output at 687,100 tonnes last month, down 1.7pc from a revised 699,200 tonnes for June.

Published 10 Aug, 2020 04:23pm

World

EU chief urges Belarus vote be counted 'accurately'

"Fundamental rights in Belarus must be respected," von der Leyen tweeted. "I call on the Belarusian authorities to ensure that the votes in yesterday's election are counted and published accurately."

Published 10 Aug, 2020 04:32pm

Stocks

Stock markets rise as US stimulus hopes offset China tensions

At around mid-session, stock prices in London and Paris were 0.4 percent higher, while Frankfurt stocks edged up by around 0.2 percent.

Published 10 Aug, 2020 04:29pm

World

Challenger demands Lukashenko 'hand over power' after election crackdown

"The authorities should think about how to peacefully hand over power to us," she said. "I consider myself the winner of this election."

Published 10 Aug, 2020 04:26pm

Sindh govt lifts lockdown, Covid-19 restrictions across province

Businesses in the province will operate six days a week from 6am to 8pm

Published 10 Aug, 2020 04:11pm

Europe

How the world has reacted to Belarus presidential vote

From Brussels, European Commission President Ursula von der Leyen urged Minsk "to ensure that the votes in yesterday's election are counted and published accurately."

Published 10 Aug, 2020 04:22pm

Money & Banking

SBP enhances loan limits, expands relief measures to promote low cost housing finance

SBP was of the view that the decision to increase the limit of housing finance loans has been made as the existing loan limit was insufficient to promote low cost housing finance through MFBs.

Published 10 Aug, 2020 04:23pm

Cotton

China imposes sanctions on US lawmakers over Hong Kong

China's sanctions of the 11 US citizens is the latest in a tit-for-tat round of measures between China and the United States over accusations of rights abuses and interference.

Published 10 Aug, 2020 04:20pm

World

Desecrated: blast leaves old Beirut's heritage gems in ruins

Many of old Beirut's remaining colonial-era and earlier landmarks had already been damaged by 15 years of civil war and decades of government neglect.

Published 10 Aug, 2020 04:19pm

World

Worldwide coronavirus cases cross 19.92 million, death toll at 729,883

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

Published 10 Aug, 2020 04:19pm

Commodities

Gold steadies as dollar extends rally; U.S.-China ties in focus

Spot gold was steady at $2,033.61 per ounce by 0925 GMT. U.S. gold futures rose 0.76 pc to $2,043.50.

Published 10 Aug, 2020 04:14pm

Europe

Police charge man after apartment block fire left 11 dead

The suspect was detained shortly after the blaze in the northeastern Czech city of Bohumin, 300 kilometres (190 miles) east of Prague.

Published 10 Aug, 2020 04:18pm

Money & Banking

Uganda central bank holds lending rates after two cuts

The central bank expects economic growth in the 2020/21 fiscal year in the range of 3.0-4.0 percent, said its governor, Emmanuel Tumusiime-Mutebile, in a statement.

Published 10 Aug, 2020 04:13pm

Europe

UK PM Johnson says wants to work with French to stop migrant boats

There is a second thing we've got to do and that is to look at the legal framework that we have, that means that when people do get here, it is very.

Published 10 Aug, 2020 04:10pm

Commodities

Palm ends nearly 2pc lower as exports, rival oils fall

Malaysia's palm oil exports for August 1-10 fell between 4.8pc and 6.2pc from July, cargo surveyors said.

Published 10 Aug, 2020 04:08pm

Commodities

SOFTS-Raw sugar edges higher, cocoa and coffee also up

Dealers said the market may need to consolidate in the short term before there could be another test of resistance around the 13 cent level.

Published 10 Aug, 2020 04:05pm

Stocks

Indian shares settle higher on pharma boost

The Nifty Pharma index advanced the most, rising 6.13pc to a four-year high.

Published 10 Aug, 2020 04:04pm

Financial

German bond yields reverse earlier rise in subdued trade

Better than expected US jobs data on Friday weighed on bonds with US Treasury yields up nearly 4 bps for the week.

Published 10 Aug, 2020 04:00pm

Forex

Dollar rally resumes as US-China tensions escalate; Swiss franc falls

The dollar index is recovering from a losing streak which saw it lose 4pc in July.

Published 10 Aug, 2020 03:57pm

Commodities

Russian wheat prices down as new crop hits the market

Sovecon, another Moscow consultancy, pegged wheat at $205 per tonne, down $4. Barley rose by $2 to $183 a tonne.

Published 10 Aug, 2020 03:55pm

SC orders removal of all billboards from Karachi

The hearing comes days after a video clip went viral showing two motorcyclists hit and injured by a billboard during heavy rainfall in the city

Published 10 Aug, 2020 03:38pm

Punjab cuts down school curriculum for 2021 by 50%

The department said the decision was taken in light of the time lost by students during the coronavirus pandemic.

Published 10 Aug, 2020 03:04pm

Sports

Babar, Kohli bat like Tendulkar: Ian Bishop

Former West Indies cricketer said duo play in straight lines like the Indian batting legend.

Updated 10 Aug, 2020 02:49pm

Sports

Could new Champions League format lead to new name on trophy despite virus worry?

The competition restarted on Friday after five months in hibernation because of the pandemic.

Updated 10 Aug, 2020 02:18pm

Sports

Stokes to miss remainder of Pakistan Test due to family reasons

The all-rounder will leave the UK later this week and travel to New Zealand.

Published 10 Aug, 2020 01:37pm

Business & Finance

Omar Ayub warns of gas shortage in coming winters

A meeting of the Senate Standing Committee on Petroleum was held under the chairmanship of Senator Mohsin Aziz in which the issue of gas distribution in the provinces was discussed.

Published 10 Aug, 2020 01:24pm

At least 5 killed, several injured in Chaman blast

An improvised explosive device was planted on a motorbike that was parked on the roadside.

Published 10 Aug, 2020 12:44pm

Business & Finance

China's factory deflation slows in July as recovery gains strength

Iron ore futures prices in Dalian have rallied over 50% so far this year while prices of steel bars used in construction have jumped 12%.

Published 10 Aug, 2020 12:22pm

Business & Finance

India to ban import of more than 100 military equipment

The move by New Delhi is part of Prime Minister Narendra Modi's desire to make India a "self-sufficient" nation.

Published 10 Aug, 2020 11:39am

Exchange

Mari Petroleum appoints Faheem Haider as MD & CEO

Faheem Haider would be replacing Lt Gen Ishfaq Nadeem Ahmad (Retd).

Published 10 Aug, 2020 11:25am

Business & Finance

Pak-China border via Khunjerab Pass to be closed

The border was opened in order to evacuate containers loaded with Chinese goods of Pakistani businessmen stranded in Kashgar.

Published 10 Aug, 2020 11:02am

UNGA president-elect calls on Shah Mahmood Qureshi

The FM will have wide-ranging talks on peace and security and human rights with Volkan Bozkir.

Published 10 Aug, 2020 10:33am

Technology

India data-curb plan 'anathema', U.S. tech giants plan pushback

A government-appointed panel in July recommended setting up a regulator for information that is anonymised or devoid of personal details but critical for companies to build their businesses.

Published 10 Aug, 2020 10:32am

Forex

Dollar struggles to sustain rally, eyes bond yields

Bears were caught out by a better payrolls report on Friday, which pushed Treasury yields higher into this week’s massive $112 billion debt sale. Yet the dollar still ended lower for the seventh week in a row.

Published 10 Aug, 2020 10:29am

Accountability court indicts Zardari in Park Lane reference

The former president has denied the charges against him.

Published 10 Aug, 2020 10:13am

Business & Finance

Fed's Evans says another coronavirus aid package 'incredibly important'

Evans said it was up to U.S. lawmakers to protect small businesses and vulnerable communities with measures that ensure they can continue to pay their rent and buy food as long as the virus was not under control.

Published 10 Aug, 2020 10:23am

BR Research

Jazz during Covid

The leading mobile network operator is the last to announce its latest quarterly results. But the performance is in...

Published 10 Aug, 2020 10:13am

Exchange

UBL: Strong performance

Strong and consistent balance sheet growth helped UBL consolidate its position further, as the half year financial...

Published 10 Aug, 2020 10:10am

Commodities

Oil prices rise 1% on Saudi Aramco's upbeat demand view, Iraq output cut

U.S. West Texas Intermediate (WTI) crude futures rose 50 cents, or 1.2%, to $41.72 a barrel at 0301 GMT, while Brent crude futures were up 40 cents, or 0.9%, at $44.80 a barrel.

Published 10 Aug, 2020 10:10am

BR Research

EPQL: significant revenue drop

Like many furnace oil-based power plants, Engro Powergen Qadirpur Limited (PSX: EPQL) has continued to face lower...

Published 10 Aug, 2020 10:05am

BR Research

HINO against the roadblocks

Hinopak Motors (PSX: HINO) is in gross losses. At its financial year-end in Mar-20, HINO—which was a market leader...

Published 10 Aug, 2020 10:04am

Exchange

An interview with Khalid Mirza, ex-chairman SECP Policy Board

Pakistan cannot have a financial market without first creating its ethos Khalid Mirza is an authority on financial...

Published 10 Aug, 2020 09:25am

Exchange

Afghan peace talks near after Taliban prisoner release approved

US Secretary of State Mike Pompeo pushed for the release of the detainees, while recognising the decision would be "unpopular".

Published 10 Aug, 2020 04:29am

Aaj TV - Monday'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 10 Aug, 2020 03:47am

Suki Kinari hydropower project: 270 Chinese technicians to be airlifted to resume work

BEIJING: As many as 270 Chinese technicians to be airlifted from Chengdu, the capital of China's southwest Sichuan...

Updated 10 Aug, 2020 03:46am

Spying on staff: Barclays being probed by UK watchdog

NEW YORK: Barclays Plc is being probed by the United Kingdom's privacy watchdog, the Information Commissioner's...

Updated 10 Aug, 2020 03:44am

Donors pledge 253m euros in emergency aid for Lebanon

FORT BREGANCON, (France): An emergency donor conference on Sunday for blast-stricken Lebanon raised pledges worth...

Updated 10 Aug, 2020 03:44am

President-elect of UNGA arrives

ISLAMABAD: The president-elect of the United Nations General Assembly (UNGA) Volkan Bozkir on Sunday arrived here on...

Updated 10 Aug, 2020 03:43am

Import of raw materials: Commissioners IR exercising discretionary powers

ISLAMABAD: Commissioners Inland Revenue in the field formations of the Federal Board of Revenue (FBR) are exercising...

Updated 10 Aug, 2020 03:42am

Monthly fuel price adjustment: Nepra increases tariff

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has formally notified cumulative increase of Rs...

Updated 10 Aug, 2020 03:42am

'My inner is clear and transparent,' says Buzdar

LAHORE: With two days left for his appearance before the National Accountability Bureau (NAB) Lahore in a Rs 50...

Updated 10 Aug, 2020 03:42am

Pakistan

Covid-19 outbreak: Over 0.2 million Pakistanis unable to go abroad

ISLAMABAD: Over 0.2 million Pakistanis were unable to go to abroad due to the Covid-19 pandemic, this was claimed by...

Updated 10 Aug, 2020 03:40am

Pakistan

Sherpao criticizes government's foreign policy

PESHAWAR: Qaumi Watan Party (QWP) chairman Aftab Ahmad Khan Sherpao said the country stood isolated due to the...

Updated 10 Aug, 2020 03:38am

Pakistan

Fawad for using technology in cases against Nawaz

ISLAMABAD: Minister for Science and Technology Fawad Chaudhry on Sunday suggested that technology be used to pursue...

Updated 10 Aug, 2020 03:38am

Pakistan

Development work on PDC in full swing

SIALKOT: Brisk development work on 'Product Development Centre' (PDC) for composite based sports goods in Sialkot...

Updated 10 Aug, 2020 03:37am

Pakistan

NFEH welcomes Imran's massive tree plantation drive

KARACHI: President of National Forum of Environment and Health (NFEH), Naeem Qureshi has warmly welcomed the...

Updated 10 Aug, 2020 03:36am

Pakistan

Heavy rainfall wreaks havoc in Balochistan

QUETTA: Heavy rainfall and flooding have wreaked havoc in Balochistan as the Levies have found two dead bodies in...

Updated 10 Aug, 2020 03:35am

Pakistan

Chairman Railways inspects KCR track

KARACHI: Chairman Pakistan Railways, Habib-ur-Rehman Gillani arrived in Karachi and held an important meeting...

Updated 10 Aug, 2020 03:34am

Pakistan

PML-N hits out at PTI over celebrating 'Tiger Force Day'

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) lashed out at the Pakistan Tehreek-e-Insaf (PTI) government on...

Updated 10 Aug, 2020 03:33am

Pakistan

All main rivers continue flowing normal: FFC

ISLAMABAD: The Federal Flood Commission (FFC) has said all main rivers (Indus, Jhelum, Chenab, Ravi and Sutlej) are...

Updated 10 Aug, 2020 03:32am

Europe

US, UK and allies call for prompt Hong Kong elections

LONDON: Britain, the United States, Canada, Australia and New Zealand urged Hong Kong Sunday to hold elections as...

Updated 10 Aug, 2020 03:29am

Europe

Five dead, one missing as floods hit Greek island

ATHENS: Five people including a baby died and another person was missing on Sunday as torrential rains and floods...

Updated 10 Aug, 2020 03:29am

Europe

UK steps up plans to tackle migrant Channel crossings with new commander

LONDON: Britain appointed a commander on Sunday to lead its response to illegal small boat crossings across the...

Updated 10 Aug, 2020 03:28am

Asia

Nagasaki marks 75 years since atomic bombing

NAGASAKI: The Japanese city of Nagasaki on Sunday commemorated the 75th anniversary of its destruction by a US ...

Updated 10 Aug, 2020 03:27am

Africa

Six French tourists among eight killed by gunmen in Niger

NIAMEY: Six French tourists and their local guide and driver were killed Sunday by gunmen riding motorcycles in an...

Updated 10 Aug, 2020 03:27am

Asia

Blaze kills at least 10 in Indian coronavirus centre

VIJAYWADA: At least 10 people died when a huge fire broke out at a Covid-19 treatment and quarantine centre in the...

Updated 10 Aug, 2020 03:26am

World

New Zealand reaches 100-day milestone without virus transmission

WELLINGTON: New Zealand marked 100 days on Sunday with no recorded cases of the coronavirus in the community but...

Updated 10 Aug, 2020 03:25am

Industry

PIA plans Karachi-Skardu direct flights

KARACHI: The Pakistan International Airlines (PIA) on Sunday initiated a plan to operate direct flights from Karachi...

Updated 10 Aug, 2020 03:24am

Industry

Road test: Chinese 'robotaxis' take riders for a spin

SHANGHAI: Chinese entrants in the race to put autonomous vehicles on the road are bringing "robotaxis" online in...

Updated 10 Aug, 2020 03:23am

Letters

Sweet facts

Sugarcane is an important cash crop of Pakistan. It is grown on a large area of the country. 88 sugar mills have ...

Updated 10 Aug, 2020 03:23am

Exchange

Eastman Kodak's $765 millions US loan agreement put on hold

NEW YORK: Eastman Kodak Co's $765 million loan agreement with the US government to produce pharmaceutical ...

Updated 10 Aug, 2020 03:23am

Editorials

Enhancing tourism

ARTICLE: The PTI government in Khyber Pakhtunkhwa has done good work for the promotion of tourism. It is about to...

Updated 10 Aug, 2020 03:22am

Currency

Algeria economy rocked by one-two punch

ALGIERS: Currency depreciation, inflation, negative growth, businesses closed: Algeria's economy has been battered ...

Updated 10 Aug, 2020 03:22am

Business & Finance

Global market: Incentive schemes vital to keep industry competitive: SCCI chief

SIALKOT: President Sialkot Chamber of Commerce and Industry (SCCI) Muhammad Ashraf Malik in a press statement said...

Updated 10 Aug, 2020 03:21am

India data-curb plan 'anathema', US tech giants plan pushback

NEW DELHI: India's plan to regulate "non-personal" data has jolted US tech giants Amazon, Facebook and Google, and a...

Updated 10 Aug, 2020 03:20am

Libor

'Excess' payments to IPPs: Prospects for consensus improve

ISLAMABAD: Independent Power Producers (IPPs) and government's team are said to have completed four rounds of talks...

Updated 10 Aug, 2020 03:19am

US begins highest level Taiwan visit in decades

TAIPEI: A senior member of US President Donald Trump's administration landed in Taiwan Sunday for Washington's...

Updated 10 Aug, 2020 03:19am

Kabul to release 400 'hard-core' Taliban

KABUL: The Afghan government agreed on Sunday to release 400 "hard-core" Taliban prisoners, paving the way for peace...

Updated 10 Aug, 2020 03:17am

Pakistan welcomes Loya Jirga's recommendation

ISLAMABAD: Pakistan on Sunday welcomed the Afghan Loya Jirga's recommendation to release remaining 400 prisoners,...

Updated 10 Aug, 2020 03:16am

Climate change, rainfall: Wheat production has fallen: PM

ISLAMABAD: Prime Minister Imran Khan on Sunday launched the largest tree plantation campaign aimed at planting 3.5...

Updated 10 Aug, 2020 03:15am

Pakistan

The Weather

KARACHI: The weather report on Sunday (August 9, 2020) and the forecast for Monday (August 10, 2020)....