News Archives for Latest - 2020-08-12

USA

US CDC reports 5,119,711 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 12 Aug, 2020 11:52pm

Industry

Southwest Airlines among three carriers with investment grade rating

All three are very low or low-cost carriers largely focused on leisure passengers and short-haul flying.
Pre-COVID-19, just over one-third of our global airlines portfolio was rated at 'B+' or lower, and now this has risen to about two-thirds of the total.

Published 12 Aug, 2020 11:45pm

Commodities

Gold fights back after steep decline as slowdown fears persist

gold slumped as much as 6.2%, for its worst one-day fall since April 2013. Silver, which on Tuesday declined 15%.
The US Federal Reserve is going to remain dovish for an extended period of time, they have already said that they will allow inflation to rise above their targets.

Published 12 Aug, 2020 11:42pm

Europe

Thousands stage flower protest in Belarus as EU weighs sanctions

Protesters say veteran president rigged re-election.
Around 6,000 people detained since Sunday.
Lithuania, Poland and Latvia offer to mediate.
Lukashenko says core of protesters has criminal past.
Police fire live rounds at protesters in Brest.

Published 12 Aug, 2020 11:40pm

Europe

Turkish schools to begin reopening on Sept 21

In a news conference after a meeting of Turkey's science board to discuss measures to combat the outbreak.
Ankara announced the initial closure of schools in mid-March after the emergence of the first coronavirus cases in Turkey.

Published 12 Aug, 2020 11:27pm

Sports

Hafeez undergoes COVID-19 test after breaching biosecurity protocol

The veteran cricketer posted the photo, taken on the golf course adjacent to the hotel site at the Ageas Bowl.

Updated 12 Aug, 2020 09:37pm

Govt increases Kamyab Jawan Program loan limit to Rs25 million, says Hafeez Sheikh

Finance adviser says interest rates on all types of loans under the program have been reduced to half

Published 12 Aug, 2020 09:22pm

Cotton

Need to evaluate pure seed to increase wheat , cotton production: Imam

Imam said that according to the Rules of Business, the Ministry of National Food Security and Research formulated policy for the country's agriculture.

Published 12 Aug, 2020 08:22pm

Pakistan

Govt taking all possible steps to reduce prices of flour, sugar: Shibli

The disparity in flour price resulted from transportation of wheat from other provinces to Sindh, he added.

Published 12 Aug, 2020 08:19pm

Pakistan

Promotion of construction, SMEs sectors to boost economic activity, create jobs: PM

The meeting was told that the economic indicators had improved consequent to the government’s policies.

Published 12 Aug, 2020 08:17pm

Pakistan

Shibli terms youth architect of nation's bright future

The minister, in a tweet marking the International Youth Day, said the government was striving to provide the youth all the opportunities of the day under the Prime Minister's Kamyab Jawan Programme.

Published 12 Aug, 2020 08:15pm

Pakistan

Pakistan lodges strong protest over derogatory social media post against Holy Prophet (PBUH)

He said the rising incidents of religious hate crime in India were a direct and inescapable consequence of the RSS-BJP combine’s extremist ideology of ‘Hindutva’.

Published 12 Aug, 2020 08:14pm

Pakistan

PM for giving special focus on improvement of mobile networks, internet services in backward, far flung areas

The prime minister was chairing a meeting held here regarding further improvement in mobile and internet services in the country and the auction of spectrum.

Published 12 Aug, 2020 08:10pm

India's RAW behind grenade attacks in Karachi, Interior Sindh: Security officials

Officials say they tracked similar hand grenades and RGD1 explosives that were used in the attacks confirming RAW's support

Updated 12 Aug, 2020 07:52pm

Stocks

US stocks open higher despite stimulus impasse

About 15 minutes into trading, the Dow Jones Industrial Average was up 0.8 percent at 27,910.71.

Published 12 Aug, 2020 07:37pm

Business & Finance

US consumer prices jump in July, pushed by autos

Falling oil prices had been keeping a lid on the overall price gains, but the energy index rose 2.5 percent last month, according to the report.

Published 12 Aug, 2020 07:36pm

World

'Serious injuries' reported after Scottish train derails

Smoke could be seen rising from the scene in pictures broadcast on television news channels.

Published 12 Aug, 2020 07:34pm

Sports

Hafeez in hot water after apparent breach in biosecurity protocol

If all-rounder is found to have breached protocols, he would likely have to self-isolate in his hotel room for five days, and return two negative Covid-19 tests before joining back up with the squad.

Updated 12 Aug, 2020 07:15pm

Pakistan needs to quickly jump digitization bandwagon to meet future challenges: President

He said being non-resident sector, the IT sector had also created ample opportunities even for the women to work from home and earn revenue.

Published 12 Aug, 2020 07:11pm

Pakistan

Opposition positive suggestions incorporated in FATF bills: Qureshi

He also appreciated the Law Minister Mohammad Farogh Naseem and his team for their efforts for evolving consensus over the bill related to FATF with opposition parties.

Published 12 Aug, 2020 07:09pm

Pakistan

Supreme Court orders NDMA to clean city’s nullahs

A bench headed by the Chief Justice of Pakistan (CJP), Justice Gulzar Ahmed heard a case regarding the encroachments on nullahs in the city.

Published 12 Aug, 2020 07:07pm

Middle East

Over half of Beirut health facilities 'non-functional': WHO

Three major hospitals were non-functional and another three operating at well below normal capacity, he said.

Published 12 Aug, 2020 07:00pm

Exchange

Rupee recovers 19 paisas against dollar

The State Bank of Pakistan reported that in interbank, the price of euro depreciated by 42 paisas to close at Rs. 197.61 against the last day’s trading of Rs. 198.03.

Published 12 Aug, 2020 06:58pm

Pakistan

National development rests on meaningful engagement of youth: Usman Dar

He said Prime Minister Imran Khan had taken remarkable initiatives for well-being of the youth after recognizing their capabilities.

Published 12 Aug, 2020 06:56pm

Gold price further falls by Rs6100 to Rs120,000 per tola

The gold prices in the international market decreased by $55 and was traded at $1933 against $1988, the association reported.

Published 12 Aug, 2020 06:53pm

Pakistan

Ehsaas Nash-o-Numa program to be formally launched on Thursday

She said around 40 percent of children in Pakistan suffered from stunting due to malnutrition and other reasons.

Published 12 Aug, 2020 06:49pm

Exchange

PM constitutes NCC on SMEs Development

The prime minister directed to review and finalize the draft SME policy within two weeks, according to an official document released by the Prime Minister's Office.

Published 12 Aug, 2020 06:47pm

Pakistan

Pakistan to continue its reconciliatory role for Afghan peace: FM

Qureshi said peace of the region was linked with stability of Afghanistan and stressed that intra-Afghan talks would lead to sustainable peace.

Published 12 Aug, 2020 06:43pm

Sports

England call-up Robinson to replace Stokes for second Test against Pakistan

Second Test will start from Thursday in Southampton.

Updated 12 Aug, 2020 06:43pm

Pakistan

PR changes routes of some trains from August 17

These trains will reach Karachi via Jahanian, Lodhran, Rohri, Tanddu Adam and Haiderabad instead of via Multan.

Updated 12 Aug, 2020 06:43pm

Pakistan's intelligence agencies identify major cyber attack by India: ISPR

ISPR states that an advisory is being sent to all government departments and institutions in order to trace lapses and enhance cyber-security measures in place

Updated 12 Aug, 2020 06:06pm

Stocks

Most major Gulf markets up but Abu Dhabi eases

Saudi Arabia's benchmark index was up 0.1pc, with Al Rajhi Bank rising 1.1pc, while Jarir Marketing increased 1.2pc, extending gains from the previous session.

Published 12 Aug, 2020 05:51pm

Asia

Indonesia reports 1,942 new coronavirus cases, 79 deaths

The Southeast Asian country also added 79 new deaths, taking the total number to 5,903, the highest COVID-19 death toll in Southeast Asia.

Published 12 Aug, 2020 05:49pm

Europe

Germany records biggest jump in new coronavirus cases since early May

The number of confirmed coronavirus cases rose by 1,226 to 218,519, data from the Robert Koch Institute (RKI) showed.

Published 12 Aug, 2020 05:47pm

South Asia

Hong Kong reports 62 new coronavirus cases

Since late January, around 4200 people have been infected in Hong Kong, 63 of whom have died. Wednesday's figure was up from Tuesday's 33 cases.

Published 12 Aug, 2020 05:46pm

Forex

Turkey's lira tumbles on worries of crisis as dollar firms

A fall in prices of the yellow metal also hurt miners in South Africa, which pushed the country's main equity index 0.5% lower.

Published 12 Aug, 2020 05:44pm

Forex

Sterling holds above $1.30 as dollar weakness outweighs GDP slump

Sterling was steady at $1.3048, close to the five-month high of near $1.32 it rose to last week, and at 90.02 pence against the euro.

Updated 12 Aug, 2020 05:44pm

Sports

Broad says dad off Christmas card list after sanction

The pacer was fined 15% of his match fee and given a demerit point for his behaviour on Saturday.

Published 12 Aug, 2020 05:19pm

Sports

England will sweep Pakistan series despite Stokes absence: Vaughan

All-rounder was part of the team which pulled off a thrilling three-wicket victory in the series opener at Old Trafford but is now missing for family reasons.

Updated 12 Aug, 2020 05:19pm

Business & Finance

Amazon fires a 'lie' says Brazil's Bolsonaro

"Tropical rainforest doesn't catch fire. So this story that the Amazon is burning is a lie, and we have to fight it with real numbers," he said Tuesday.

Published 12 Aug, 2020 05:00pm

Stocks

Tokyo stocks close up on weak yen

The benchmark Nikkei 225 index rose 0.41 percent, or 93.72 points, to 22,843.96, while the broader Topix index jumped 1.23 percent, or 19.57 points, to 1,605.53.

Published 12 Aug, 2020 04:58pm

Stocks

Stocks shake off stimulus doubts, gold goes wild

Gold swung almost 4pc after its biggest fall in seven years and German Bund yields hit two-week highs amid a deluge of global debt issuance.

Published 12 Aug, 2020 04:57pm

World

Brussels region makes face masks compulsory

The number of cases in the country of around 11.5 million people topped 75,000 on Wednesday. Nearly 10,000 deaths have been registered.

Published 12 Aug, 2020 04:55pm

Forex

Kenya's shilling weaker due to dollar demand by importers

At 0853 GMT, commercial banks quoted the shilling at 108.24/45, slightly changed from Tuesday's close of 108.10/30.

Published 12 Aug, 2020 04:56pm

Commodities

Ukraine traders union cuts 2020 corn harvest, export forecast

The union also cut its forecast for Ukrainian corn exports in the 2020/21 season to 31 million tonnes from 33 million tonnes a month earlier.

Published 12 Aug, 2020 04:53pm

Stocks

Hong Kong stocks post fresh gains

The Hang Seng Index added 1.42 percent, or 353.34 points, to 25,244.02.

Published 12 Aug, 2020 04:54pm

Business & Finance

Apple must pay $500 million over patent violations, US court rules

"The negotiations have been unsuccessful because Apple refuses to pay a FRAND royalty to the Plaintiff's license."

Published 12 Aug, 2020 04:52pm

Energy

UK GAS-Prompt prices slip in balanced market, temperatures set to dip

The day-ahead contract was down 0.55 pence at 19.20 p/therm by 0915 GMT.

Updated 12 Aug, 2020 04:53pm

Business & Finance

World's biggest container ships take shape in South Korea

Similarly the Korean shipping industry was plunged into turmoil by the collapse of Hanjin Shipping, once one of the world's top 10 container lines, which was declared bankrupt in 2017.

Published 12 Aug, 2020 04:47pm

Asia

Philippines' Duterte says will be Russia vaccine 'guinea pig' as talks begin

Officials have said an extension of the two-week lockdown is unlikely as the government struggles to provide aid for the country's poorest.

Published 12 Aug, 2020 04:44pm

Asia

Sri Lanka president strengthens Rajapaksa dynasty in new government

His brother Mahinda will lead the government, formed after their nationalist party's landslide win in a parliamentary election last week.

Published 12 Aug, 2020 04:41pm

World

France warns against travel to Niger, except capital, after attack

The ministry website said people were "strongly advised" not to travel anywhere in the country.

Published 12 Aug, 2020 04:39pm

Currency

UK in record recession after economy shrinks by fifth

"It is clear that the UK is in the largest recession on record," the Office for National Statistics said after gross domestic product (GDP) contracted by 20.4 percent in April-June.

Published 12 Aug, 2020 04:36pm

Three killed in police firing after protests erupt over anti-Islam social media post in India

Violence started when a group of protesters gathered outside a police station in Bangalore city to protest against the "derogatory" post on facebook which was made by a close relative of a Congress MLA

Updated 12 Aug, 2020 04:38pm

Civilians, soldiers clash leaving 127 dead in S.Sudan: army

Major General Lul Ruai Koang told AFP that the fighting erupted on Saturday as security forces carried out an operation to disarm civilians in the area which has seen deadly inter-communal clashes.

Published 12 Aug, 2020 04:31pm

Europe

EU says foreign ministers to meet Friday on Belarus

The foreign ministers were next due to meet officially on August 27-28 in Berlin to prepare for the EU leaders summit in Brussels on September 24-25.

Published 12 Aug, 2020 04:29pm

Exchange

EU to discuss sanctions against Belarus after disputed election, Sweden says

Any decision on sanctions requires agreement by all 27 EU member states, meaning no imminent move is expected.

Published 12 Aug, 2020 04:27pm

Business & Finance

Tencent profits up as gamers stay home but WeChat ban looms

This was "due to new game launches and more user time spent during the stay-at-home period".

Published 12 Aug, 2020 04:27pm

World

Worldwide coronavirus cases cross 20.41 million, death toll at 742,207

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

Published 12 Aug, 2020 04:26pm

Europe

Belarus police say firearms used on protesters in southern city, one wounded

Seventeen investigations were opened over violence against police, it said.

Published 12 Aug, 2020 04:23pm

Forex

Ugandan shilling slightly weaker on uptick in energy importer demand

At 0958GMT commercial banks quoted the shilling at 3,670/3,680, compared to Tuesday's close of 3,665/3,675.

Published 12 Aug, 2020 04:24pm

World

World reaction to Russia's COVID-19 vaccine

Moscow said on Wednesday that the first batch of the vaccine would be ready for some medics within two weeks and rejected safety concerns as "groundless".

Published 12 Aug, 2020 04:20pm

Virus pushes Britain into record recession, NZealand mulls election delay

The WHO says that 165 candidate vaccines are being worked on around the world, with six reaching Phase 3.

Published 12 Aug, 2020 04:20pm

Business & Finance

Govt introduce strict measures in Anti-Terrorism (Amendment) Bill 2020

According to the bill, banned organizations and their affiliates will be barred from providing loans or financial assistance.
Bank or financial institution will not be able to issue credit cards to the prohibited person.

Published 12 Aug, 2020 04:13pm

Middle East

More than 170 dead in Yemen floods

In the mainly government-held province of Maarib east of the capital, 19 children were among 30 people killed by the floods, a government official said.

Published 12 Aug, 2020 04:19pm

Business & Finance

Oil rises after bigger-than-expected drop in US inventories

Brent crude was up 67 cents, or 1.5pc, at $45.17 a barrel by 1012 GMT, after falling around 1pc on Tuesday.

Published 12 Aug, 2020 04:18pm

Stocks

India's Nifty snaps six days of gains as pharma, energy stocks drag

The NSE Nifty 50 index ended 0.12pc at 11,308.40, while the S&P BSE Sensex fell 0.10pc to 38,369.63.

Published 12 Aug, 2020 04:16pm

Business & Finance

Cathay Pacific reports first-half loss of US$1.27 billion

And he said Asia-Pacific airlines were likely to suffer for longer given spiralling tensions between the United States and China.

Published 12 Aug, 2020 04:16pm

Commodities

Palm reverses early losses on lower Indonesia production

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange closed up 40 ringgit, or 1.51pc, at 2,683 ringgit ($640.33) a tonne.

Published 12 Aug, 2020 04:14pm

Forex

Dollar slips as US stimulus impasse halts rebound

Investors are watching for signs a political impasse in Washington over a further rescue package for the pandemic-hit economy can be overcome.

Published 12 Aug, 2020 04:12pm

NA passes Anti-Terrorism (Amendment) bill, 2020

Naseem said whitening the economy and checking terror financing is important to take the country forward on the path of development.

Updated 12 Aug, 2020 04:12pm

Commodities

Copper slips on weak European factory data

Benchmark copper on the London Metal Exchange (LME) was down 0.1pc at $6,382 a tonne at 1048 GMT.

Published 12 Aug, 2020 04:08pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are updated below.

Published 12 Aug, 2020 04:07pm

Sports

SLC postpones Lanka Premier League for three months over quarantine rules

The local board had proposed 23 matches from August 28 to September 20.

Updated 12 Aug, 2020 04:07pm

Companies

OGRA grants permanent marketing license to Hascol

“This is a great milestone achieved by the company and its management during these challenging times,” said HPL in its filing to the bourse on Wednesday.

Published 12 Aug, 2020 03:46pm

Sports

Barcelona player tests positive for COVID-19 ahead of Bayern Munich clash

Both teams will play UCL knockout game in Lisbon on Saturday.

Updated 12 Aug, 2020 03:30pm

Business & Finance

Govt records budget deficit of Rs3.376tn for FY2019-20

The FBR's collection stood at Rs3.998 trillion, the tax collector failed to achieve its Rs5.5 trillion annual tax collection target.

Published 12 Aug, 2020 02:36pm

Sports

Finally it is time for Fawad Alam

Team management is considering inclusion of middle order batsman in second Test against England.

Updated 12 Aug, 2020 02:32pm

Sports

Champions League 'Final Eight' kicks off as PSG face Atalanta in Lisbon

The winners will advance to a semi-final against either Atletico Madrid or RB Leipzig, who play on Thursday.

Published 12 Aug, 2020 01:43pm

Pakistan

Sindh govt deletes tweet about "restoration" of ancient buildings after outrage on social media

The govt announced that it has restored Hingorani Maariyon, a tomb, and two mosques.

Published 12 Aug, 2020 01:16pm

Business & Finance

Pakistani start-up WonderTree becomes the first to receive UNICEF’s Innovation Fund

Pakistani Tech startup WonderTree joins11 startups from across the globe, and as the only one from Pakistan to be...

Published 12 Aug, 2020 12:32pm

Pakistan

Police books Maryam, other party workers on NAB's request following clashes

As many as 50 PML-N workers who were arrested on Tuesday following the clashes were sent to jail on a 14-day judicial remand.

Updated 12 Aug, 2020 12:42pm

Business & Finance

PIA announces four flights for stranded Pakistanis in France

Flights will be operated between August 15 and 30 to bring back Pakistanis stranded in France, owing to lockdowns imposed due to coronavirus pandemic.

Published 12 Aug, 2020 11:13am

Pakistan reports 17 deaths, 730 new cases

1947 recoveries were also reported in the last 24 hours.

Published 12 Aug, 2020 10:43am

Business & Finance

After Etihad, Qatar Airways ramps up flight operations for Pakistan

The airline now operates 49 weekly flights to four gateways in Pakistan i.e. Islamabad, Karachi, Lahore and Peshawar with its Boeing 787 and A350 aircraft.

Published 12 Aug, 2020 10:41am

Australia's Victoria has deadliest day of coronavirus pandemic

It reported 21 fatalities and 410 new cases.

Published 12 Aug, 2020 10:37am

Forex

Dollar holds firm as U.S. bond yields jump

The yield on 10-year U.S. debt, which rises when bond prices fall, made its steepest gain in two months on Tuesday ahead of the largest ever 10-year auction later on Wednesday.

Published 12 Aug, 2020 10:28am

Business & Finance

UK finance minister weighs delaying autumn budget on 2nd COVID-19 wave: FT

While Sunak expects to deliver his budget as planned, it is a sign of government anxiety over a possible autumn COVID-19 spike that he is ready to delay big public spending decisions until after the crisis, the FT said.

Published 12 Aug, 2020 10:26am

Commodities

Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks

Brent crude LCOc1 was up 15 cents, or 0.3%, at $44.65 a barrel by 0206 GMT, after falling around 1% on Tuesday.

Published 12 Aug, 2020 10:25am

Technology

Google turns Android phones into earthquake sensors; California to get alerts

Japan, Mexico and California already use land-based sensors to generate warnings, aiming to cut injuries and property damage by giving people further away from the epicenter of an earthquake seconds to protect themselves before the shaking starts.

Published 12 Aug, 2020 10:21am

Technology

U.S. ban on TikTok could cut it off from app stores, advertisers - White House document

Trump signed an order last week prohibiting transactions with TikTok if its parent ByteDance does not reach a deal to divest it in 45 days.

Published 12 Aug, 2020 10:19am

Technology

Facebook places curbs on ads by U.S. news publishers with political ties

Under the new policy, publishers with any political connections will still be allowed to register as a news page but the company will implement some restrictions. (bit.ly/3gNPf01)

Published 12 Aug, 2020 10:15am

BR Research

The Ravi dream

The proposed Ravi riverfront urban development project is as challenging as constructing five million houses in five...

Published 12 Aug, 2020 09:24am

BR Research

After Stabilization ?

In its recent State of the Economy report, the central bank rightly noted that the shock from Covid-19 “should not...

Published 12 Aug, 2020 09:24am

Cotton

Crop targets: scratching beneath surface

Since mid-2000s, Pakistan's major crops segment has underperformed other segments of the economy, including other...

Published 12 Aug, 2020 09:24am

BR Research

The Euro-V transition

The government’s drive for climate and environment is unmatched. And it is much needed given how air pollution and...

Published 12 Aug, 2020 09:23am

Currency

Crescent Cotton Mills Limited

Crescent Cotton Mills Limited (PSX: CCM) was established in 1959. Initially it operated as a sugar and distillery...

Published 12 Aug, 2020 09:23am

Pakistan

Govt accused of 'disappointing' Kashmiris thru its policy

ISLAMABAD: President Pakistan People's Party (PPP) Azad Jammu and Kashmir (AJK) chapter Chaudhry Latif Akbar has...

Updated 12 Aug, 2020 03:47am

Pakistan

AIOU employees' protest continues on second day

ISLAMABAD: Hundreds of the terminated daily wage employees of Allama Iqbal Open University (AIOU) continued their...

Updated 12 Aug, 2020 03:43am

Pakistan

Shehbaz, Turkish envoy discuss matters of mutual interest

ISLAMABAD: Leader of the Opposition in the National Assembly and the Pakistan Muslim League-Nawaz (PML-N) President,...

Updated 12 Aug, 2020 03:41am

Pakistan

Senate body recommends increasing education budget to 4 percent of GDP

ISLAMABAD: The Senate Standing Committee on Federal Education, Vocational Training, National History and Literary...

Updated 12 Aug, 2020 03:41am

Pakistan

Telenor collaborates with NUST Business School

ISLAMABAD: Telenor Pakistan has collaborated with NUST Business School to train students on design thinking skills,...

Updated 12 Aug, 2020 03:40am

Pakistan

Operation against billboards must continue: SC

KARACHI: The Supreme Court on Tuesday ordered the commissioner of Karachi to continue operation against billboards...

Updated 12 Aug, 2020 03:39am

Roosevelt Hotel: Govt likely to extend $125m funding to PIA-IL

ISLAMABAD: The government is likely to extend a funding of $ 125 million to PIA-IL to pay for severance of employees...

Updated 12 Aug, 2020 03:39am

SAPMs having dual nationalities: SC moved against IHC judgment

ISLAMABAD: The Supreme Court has been moved against the Islamabad High Court (IHC) judgment to dismiss a petition...

Updated 12 Aug, 2020 03:38am

Exchange

IIOJK: US briefed about India's continuing military siege

ISLAMABAD: Pakistan and the United States on Tuesday held deliberations on the bilateral relations, its current...

Updated 12 Aug, 2020 03:38am

Currency

Five banks: Moody's confirms 'B3' and 'Caa1' ratings

ISLAMABAD: Moody's Investors Service (Moody's) has confirmed the B3 long-term local-currency and Caa1...

Updated 12 Aug, 2020 03:38am

Commanders hope for early start of intra-Afghan talks

ISLAMABAD: Top military brass on Tuesday lauded the progress on the Afghan reconciliation process and hoped for ...

Updated 12 Aug, 2020 03:37am

Russia denounces criticism: Western scientists sceptical about coronavirus vaccine

MOSCOW: President Vladimir Putin on Tuesday declared Russia the first country to approve a coronavirus vaccine, but...

Updated 12 Aug, 2020 03:36am

Exchange

KE successfully closes Rs25bn sukuk

KARACHI: K-Electric (KE) is pleased to announce the successful closure of its PKR 25 billion Sukuk which is the...

Updated 12 Aug, 2020 03:36am

KE CEO grilled by SC

KARACHI: Supreme Court of Pakistan on Tuesday ordered the audit of K-Electric (KE) and sought the complete timeline...

Updated 12 Aug, 2020 03:35am

Pakistan

Qureshi defers media briefing again

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has postponed his media briefing twice in 24 hours, which led to...

Updated 12 Aug, 2020 03:30am

Pakistan

Bahria Town Karachi reopens Adventure Land theme park

KARACHI: Bahria Town Karachi reopened Bahria Adventure Land theme park, Danzoo, Double Decker bus tour and Carnival....

Updated 12 Aug, 2020 03:30am

Opinion

Energizing Punjab's energy sector

ARTICLE: Punjab Energy Department was established to enhance energy security of the largest province of Pakistan and...

Updated 12 Aug, 2020 03:26am

Pakistan

Fazl frustrated over lack of unity among opposition parties

ISLAMABAD: Jamiat Ulema-e-Islam -Fazl (JUI-F) chief Maulana Fazlur Rehman on Tuesday expressed his frustration over...

Updated 12 Aug, 2020 03:25am

Pakistan

Covid-19: Eight more die as 429 new cases detected: Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that eight more patients lost their lives lifting the...

Updated 12 Aug, 2020 03:24am

Pakistan

5.8 percent GDP growth during PML-N tenure turns into a minus: Maryam

LAHORE: Expressing reservations over inaptness of the government, Pakistan Muslim League-Nawaz (PML-N) Vice ...

Updated 12 Aug, 2020 03:24am

Pakistan

New Lahore to rise from remains of Ravi River

LAHORE: Like the mythological phoenix, the dying Ravi River is set to rise from its remains and give birth to a new...

Updated 12 Aug, 2020 03:22am

Pakistan

Four uplift schemes approved

LAHORE: The Punjab Provincial Development Working Party approved four development schemes of various sectors with an...

Updated 12 Aug, 2020 03:22am

Pakistan

New Pakistan will move forward under leadership of PM: Buzdar

LAHORE: Terming overcoming corona as a big achievement of the government, Chief Minister Sardar Usman Buzdar said on...

Updated 12 Aug, 2020 03:22am

Opinion

Who owned the chemicals that blew up Beirut? No one will say

ARTICLE: In the murky story of how a cache of highly explosive ammonium nitrate ended up on the Beirut waterfront,...

Updated 12 Aug, 2020 03:22am

Pakistan

Christian site being opened for international tourism: Governor

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar has announced opening of the sacred Christian site Mariamabad for...

Updated 12 Aug, 2020 03:21am

Pakistan

NAB granted remand of Ministry's official

ISLAMABAD: The Accountability Court on Tuesday granted the National Accountability Bureau (NAB) 14 days physical...

Updated 12 Aug, 2020 03:21am

Disputed Nord Stream pipeline under threat: German financier

FRANKFURT AM MAIN: German energy company Uniper, a financier of the disputed Nord Stream 2 pipeline, warned that the...

Updated 12 Aug, 2020 03:20am

Opinion

Digitalization of the government: why and how?

ARTICLE: The acrimonious debate continues to rage in the media on the resignation of Tania Aidrus. Some say our...

Updated 12 Aug, 2020 03:19am

USA

Man shot outside White House, Trump evacuated from press conference

WASHINGTON: US Secret Service agents shot and wounded a man who was apparently armed outside the White House on...