News Archives for Latest - 2020-08-14

Sports

Halep finds groove to reach Prague semi-finals

I felt better on court today. The fact that she was not hitting very strong meant that I had time to play my game, to be more aggressive.
Even if I'm not yet at my highest level, I'm improving, which is good. I'm happy about it... I don't feel insecure on court.

Published 14 Aug, 2020 11:58pm

Africa

Colombia's economy contracted 15.7pc in second quarter, gov't says

Since the DANE (statistics agency) has been responsible, we can assert with certainty that this quarterly growth is the greatest in its negative sense.
The economy contracted 20% and 16.6% in April and May respectively, with the April figure being the largest fall on record.

Published 14 Aug, 2020 11:54pm

Middle East

UN chief urges Yemen's Houthis to grant access to decaying oil tanker

Guterres is "deeply concerned" about the condition of the oil tanker, UN spokesman Stephane Dujarric said on Friday.
He specifically calls for granting independent technical experts unconditional access to the tanker to assess its condition and conduct any possible initial repairs," Dujarric said.

Published 14 Aug, 2020 11:41pm

Europe

France new COVID-19 cases above 2,500 for third day in a row

This went beyond the 2,000 threshold for the first time since April 20, when France was in the middle of one of Europe's strictest lockdowns.
The total official tally of cases now stands at 212,211.

Published 14 Aug, 2020 11:33pm

Financial

US bond market's inflation gauge rises to six-month highs this week

US 10-year and 30-year breakevens touched 1.6618% and 1.7105% on Wednesday and Thursday, respectively.
The last inflation report was pretty solid," said Gennadiy Goldberg, senior rates strategist at TD Securities in New York.

Published 14 Aug, 2020 11:24pm

Europe

Poland offers new support for Belarus civil society, media

The unrest in Belarus poses the biggest challenge yet to President Alexander Lukashenko, accused by protesters of rigging Sunday's presidential election to win a sixth term.
Several hundred people took to the streets of Warsaw in solidarity with those protesting in Belarus.

Published 14 Aug, 2020 11:19pm

USA

Former FBI lawyer to plead guilty as part of Russia probe -defendant's lawyer

"Kevin deeply regrets having altered the email," Justin Shur, a lawyer for Clinesmith.
It was never his intent to mislead the court or his colleagues as he believed the information he relayed was accurate.

Published 14 Aug, 2020 11:16pm

World

Putin proposes world powers summit to avoid UN 'confrontation' over Iran

The issue is urgent," Putin said in a statement, adding that the alternative was "only further escalation of tensions, increasing risk of conflict - such a scenario must be avoided.
The 13-year-old arms embargo is due to expire in October under the accord that prevents Tehran from developing nuclear weapons in return for sanctions relief.

Published 14 Aug, 2020 11:13pm

USA

Trump says he would agree to $25bn for Postal Service if Democrats make concessions

Sure, if they give us what we want," Trump said at a news briefing.
He again blamed Democrats for what he described as "blocking" aid for Americans.

Published 14 Aug, 2020 10:58pm

Putin calls for emergency Iran summit to decrease tensions

China, France, Russia, Britain, the United States, Germany and Iran should take part in the video summit, the Kremlin chief said.

Updated 14 Aug, 2020 08:44pm

British Airways resumes flight operations to Pakistan

The airline says direct flights would take off three times a week between London’s Heathrow Airport and Islamabad International Airport

Published 14 Aug, 2020 08:22pm

Pakistan

ChildLife Foundation celebrates Pakistan’s Independence Day

MPA Syed Abdul Rasheed along with CEO Dr. Ahson Rabbani planted trees at Children Emergency Room, Lyari General Hospital (LGH).

Updated 14 Aug, 2020 08:28pm

Exchange

Pompeo says letting Iran arms embargo expire is 'nuts'

Opposition from UN Security Council veto powers China and Russia is expected to block a resolution to extend the blockade beyond October.

Published 14 Aug, 2020 07:38pm

Shibli asks compatriots to raise voice for Kashmiris through 'run for Kashmir' telemarathon

Minister for Kashmir Affairs and Gilgit Baltistan Ali Amin Gandapur and Minister for Inter Provincial Coordination Dr Fehmida Mirza also spoke on the occasion.

Published 14 Aug, 2020 07:33pm

Palestinians feel 'betrayal' of Israel-UAE deal

While Israeli Prime Minister Benjamin Netanyahu was jubilant, Palestinians -- from the secular Fatah of Mahmoud Abbas to the Hamas Islamists -- had only one word on their lips: betrayal.

Published 14 Aug, 2020 07:26pm

Stocks

Dow, S&P 500 dip on mixed retail sales data

About 15 minutes into trading, the Dow Jones Industrial Average was down 0.4 percent at 27,793.40.

Published 14 Aug, 2020 07:26pm

Iran condemns Israel-UAE deal as 'strategic stupidity'

The spokesman for Iran's Guardian Council, Abbas Ali Kadkhodaee, tweeted that the move meant Israel was "occupying the UAE".

Published 14 Aug, 2020 06:33pm

Europe

Turkey will retaliate if Greece attacks vessel in East Med: Erdogan

Erdogan warned of a "high price" if Oruc Reis was attacked and suggested Turkey had already acted on that warning.

Published 14 Aug, 2020 06:28pm

Commodities

Corn consolidates after rallying on US storm damage

US wheat was almost flat, with large global supplies including in major exporter Russia continuing to cap prices.

Published 14 Aug, 2020 06:25pm

Forex

Dollar steadies, index heads for worst weekly run in decade

The mood had the dollar close to snapping a seven-week losing streak against the risk-sensitive Aussie, which settled around $0.7144, flat for the week.

Published 14 Aug, 2020 06:22pm

Turkey may suspend ties with UAE, withdraw ambassador, says Erdogan

Turkish president called Israel's recent solidarity with Egypt and Greece and steps towards Palestine unacceptable

Published 14 Aug, 2020 06:21pm

Currency

Turkey's Erdogan says will convene economic council to discuss developments

The lira fell to a fresh record low against the dollar on Friday as investors fretted about the currency's outlook despite supportive central bank moves that raised backdoor borrowing costs.

Published 14 Aug, 2020 06:21pm

Commodities

Copper gains on China data but heading for weekly loss

Three-month copper on the London Metal Exchange, rose 1.3pc to $6,338.50 a tonne by 1136 GMT.

Published 14 Aug, 2020 06:16pm

Money & Banking

Romania's central bank unanimously voted to cut rate on Aug. 5: minutes

In view of the monetary policy measures adopted in March and May, as well as of the transmission lags of impulses of policy rate cuts.

Published 14 Aug, 2020 06:14pm

Industry

Airline SAS says Sweden and Denmark support tweaked rescue plan

SAS said the revised plan was also supported by its third largest shareholder, the Knut and Alice Wallenberg Foundation.

Published 14 Aug, 2020 06:07pm

Europe

Norwegians should wear face masks in public transport in Oslo, says government

Until now, authorities in Norway had refrained from recommending wearing face masks in public.

Published 14 Aug, 2020 05:55pm

Stocks

Sri Lankan shares rise for fourth session as industrial stocks gain

The benchmark CSE All Share Index ended 0.50pc higher at 5,261.99, its highest closing level since March 10.

Published 14 Aug, 2020 05:52pm

Afghan govt begins process to release 400 Taliban prisoners

As per reports, at least 80 Taliban prisoners were set free on August 13

Updated 14 Aug, 2020 05:53pm

World

EU agrees first COVID-19 vaccine deal with AstraZeneca in WHO blow

The Commission did not disclose the terms of the new deal and declined to say whether it had replaced the IVA's.

Published 14 Aug, 2020 05:49pm

Business & Finance

Oil slips below $45 on demand doubts, rising supply

Brent crude was 1 cent lower at $44.95 by 1210 GMT, heading for a rise of 0.6pc this week.

Published 14 Aug, 2020 05:47pm

Stocks

World shares sink as data points to tepid economic revival

European shares were also dragged lower by a hit to travel stocks after Britain added more European countries to its quarantine list, including neighbouring France.

Published 14 Aug, 2020 05:45pm

Europe

EU should reassess ties with Turkey: Austrian foreign minister

"I have to say that Austria is very concerned about the dangerous and alarming situation which we believe could escalate,"

Published 14 Aug, 2020 05:42pm

Europe

Turkey may suspend ties with UAE over Israel deal, Erdogan says

The Turkish foreign ministry said history would never forgive the UAE's "hypocritical behaviour" in agreeing such a deal, which recasts the order of Middle East politics.

Published 14 Aug, 2020 05:40pm

Europe

England resumes lockdown easing but stiffens punishment on rule breaches

Last month, amid rising case numbers, Johnson said there was "a warning light on the dashboard" and paused the reopening of casinos, bowling alleys and skating rinks.

Published 14 Aug, 2020 05:37pm

USA

US House Republican says Democrats' COVID-19 bill would harm market

"If we went forward with what the Democrats asked for in that $3 trillion? I believe the market would drop hard because it would put greater debt on all taxpayers,"

Published 14 Aug, 2020 05:37pm

Pakistan

Independence Day is time to pay homage to our founding fathers: Ali Zaidi

He said that “We must recommit ourselves to build Pakistan as envisioned by the great Quaid-e-Azam”.

Published 14 Aug, 2020 05:27pm

Pakistan

Nation’s steadfastness against challenges shows silver lining for a developed Pakistan: President

Started with recitation of Holy Quranic verses by renowned Qari Sadaqat Ali after national anthem, the ceremony marked hoisting of national flag by the president.

Published 14 Aug, 2020 05:25pm

Pakistan

NA Speaker, Deputy Speaker congratulate nation on 73rd independence day

The Quaid-e-Azam also dreamt about such a peaceful, democratic and welfare state that would be a model for the whole world.

Published 14 Aug, 2020 05:23pm

Stocks

Tokyo's Nikkei closes up for fourth straight session

The Nikkei 225 index edged up 0.17 percent, or 39.75 points, to close at 23,289.36. Over the holiday-shortened week, it gained 4.3 percent.

Updated 14 Aug, 2020 05:23pm

Pakistan

Google celebrates Pakistan’s Independence Day with iconic Khojak Tunnel doodle

The country is celebrating its 73rd Independence Day on Friday.

Updated 14 Aug, 2020 05:02pm

Exchange

New agreement with IPPs will bring down power generation cost, says PM

Imran greets nation on Independence Day, says the government's next move will be to bring reform in power distribution sector

Updated 14 Aug, 2020 04:33pm

Exchange

SBP's new mechanism allows businesses to pay for global digital services

State Bank states local companies can now access various services including advertising, hosting, database access, accounting management etc from global companies instantaneously without any regulatory approval process

Updated 14 Aug, 2020 04:18pm

Sports

Arsenal completes Willian move after Chelsea exit

Brazilian had also been linked with Barcelona and Inter Miami.

Published 14 Aug, 2020 03:49pm

Pakistan to get COVID-19 vaccine from China to conduct clinical trials

State-owned China National Pharmaceutical Group, commonly known as Sinopharm, has teamed up with Karachi University’s International Centre for Chemical and Biological Sciences to hold the trials in Pakistan

Published 14 Aug, 2020 03:39pm

Pakistan

Freedom fruit of great sacrifices by forefathers: Shibli

The minister said that in true sense, life was incomplete without the great blessing of freedom.

Published 14 Aug, 2020 03:35pm

Stocks

European stock markets retreat at open

The Paris CAC 40 index retreated 0.6 percent to 5,010.03 and Frankfurt's DAX 30 shed 0.3 percent to 12,961.12.

Published 14 Aug, 2020 03:33pm

Pakistan

Pakistan to produce sufficient energy by utilizing its resources till 2030: Omar

The uninterrupted smooth power supply was being ensured to the domestic consumers to provide relief in the summer season, he said talking to a private news channel.

Published 14 Aug, 2020 03:31pm

Pakistan

NBP celebrates 73rd Independence Day of Pakistan

He said this while speaking at the Flag hoisting ceremony on the occasion of Independence Day of Pakistan here on Friday.

Published 14 Aug, 2020 03:29pm

President confers Pakistan’s highest civil award on Syed Ali Gillani

The award was conferred at a special investiture ceremony held at Aiwan-e-Sadr, during the flag hoisting ceremony to mark the 74th Independence Day of Pakistan.

Published 14 Aug, 2020 03:25pm

Pakistan

SNGPL celebrates 73rd I-Day

SNGPL Managing Director (MD) Amer Tufail was chief guest of the ceremony.

Published 14 Aug, 2020 03:23pm

Stocks

Hong Kong stocks finish lower

The Hang Seng Index fell 0.19 percent, or 47.66 points, to 25,183.01.

Published 14 Aug, 2020 03:22pm

Cotton

73th independence day celebrated in Multan

He said that the independent state had been achieved after rendering thousands of sacrifices and urged to masses to be united for protection and stability of the country.

Published 14 Aug, 2020 03:18pm

Pakistan

Governor, CM Sindh visit Mazar-e-Quaid

The Governor of Sindh and the CM Sindh also laid floral wreaths and offered fateha for the soul of Quaid-e-Azam.

Published 14 Aug, 2020 03:14pm

Real Estate

Juwai IQI, Maymar sign MoU for development of real estate sector in Pakistan

A potential joint venture between the two companies will result in a market-leading collaboration – linking Pakistani and international buyers in the Asian markets to real estate opportunities in the country through an established online platform.

Published 14 Aug, 2020 03:11pm

Sports

Barca still world beaters and not scared by assured Bayern, says Vidal

The German side is competing for the tribble this year having already won two title in the Bundesliga.

Published 14 Aug, 2020 03:03pm

Sports

Man City look to Lisbon as best shot for Champions League glory

A clash with Lyon, who finished seventh in the curtailed 2019/20 Ligue 1 season, offers further reason for City to be optimistic.

Published 14 Aug, 2020 03:00pm

Sports

Australia confirms England tour, Maxwell returns to squad

Australia will play three T20Is in Southampton before moving to another bio-secure venue in Manchester.

Published 14 Aug, 2020 02:58pm

Sports

Curran backs Anderson to reach 600 Test wickets

Anderson was England’s most threatening bowler on the first day of the second Test in Southampton on Thursday.

Published 14 Aug, 2020 02:57pm

Life & Style

Prince Harry and Meghan Markle move into new California home

The couple has been looking for a family home since they announced they were quitting royal duties and moving to North America.

Updated 14 Aug, 2020 02:55pm

Life & Style

Raise the flag today with the Pakistan Navy's special Independence Day song

The track's music video showcases the naval warfare branch's readiness and equipment

Published 14 Aug, 2020 02:24pm

South Asia

Journalists with The Caravan magazine assaulted by anti-Muslim crowd in Delhi

NEW DELHI: Delhi police must thoroughly investigate the attack on three journalists with The Caravan magazine and...

Updated 14 Aug, 2020 03:57am

Opinion

An irresistible scent makes locusts swarm, study finds

ARTICLE: The coronavirus isn't the only plague making headlines this year - locusts are devastating crops in several...

Updated 14 Aug, 2020 03:56am

Life & Style

AAJ PROGRAM SCHEDULE

Friday, August 14, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Updated 14 Aug, 2020 03:56am

USA

Relief efforts should cushion economy in months ahead: White House report

WASHINGTON: Increased transfer payments and expanded liquidity measures aimed at companies should help buffer US...

Updated 14 Aug, 2020 03:55am

USA

US suspends private charter flights to Cuba

WASHINGTON: The United States is suspending private charter flights to Cuba as another way to starve the government...

Updated 14 Aug, 2020 03:55am

Europe

Thousands form human chains in Belarus after post-vote crackdown

MINSK: Thousands of protesters formed human chains and marched in Belarus on Thursday in a growing wave of peaceful...

Updated 14 Aug, 2020 03:54am

Europe

French unemployment rate hits 37-year low as lockdown skews data

PARIS: French unemployment fell to a 37-year low in the second quarter, as a multi-year downtrend was exaggerated by...

Updated 14 Aug, 2020 03:53am

Middle East

US says Iran forces board ship in international waters

DUBAI: Iranian forces boarded a tanker in international waters in the Gulf of Oman, using a helicopter and two ships...

Updated 14 Aug, 2020 03:53am

World

UN says 43 percent of schools lack basic handwashing

GENEVA: Some 43 percent of schools worldwide entered the Covid-19 pandemic lacking basic soap-and-water hand-washing...

Updated 14 Aug, 2020 03:52am

Letters

Karachi reduced to a village

LETTER: That Karachi has been reduced to a village there is no doubt about it. The Supreme Court of Pakistan has...

Updated 14 Aug, 2020 03:51am

World

Erdogan warns 'heavy price' if Turkish ship attacked

ANKARA: Turkish President Recep Tayyip Erdogan on Thursday warned of a "heavy price" if a Turkish vessel searching...

Updated 14 Aug, 2020 03:50am

Europe

Air passenger numbers to drop 60 percent in Europe in 2020: IATA

GENEVA: Air passenger numbers in Europe are expected to drop by 60 percent in 2020 due to the coronavirus crisis, ...

Updated 14 Aug, 2020 03:50am

Industry

PLGMEA urges airlines to reduce freight charges

SIALKOT: Chairman Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA), Syed Nadeem Abbas...

Updated 14 Aug, 2020 03:50am

Pakistan

Freedom greatest blessing of Allah Almighty: Siraj

LAHORE: Chief of Jamaat-e-Islami Senator Sirajul Haq has said the freedom is one of the greatest blessings of Allah...

Updated 14 Aug, 2020 03:49am

Industry

Saarc Chamber election: Sri Lankan PM felicitates Iftikhar Malik

LAHORE: Sri Lankan Prime Minister Mahinda Rajapaksa Thursday congratulated Iftikhar Ali Malik on his success in the...

Updated 14 Aug, 2020 03:49am

Business & Finance

JW, Dhabeji SEZs: Two zone applications referred to BoA for consideration

ISLAMABAD: The Special Economic Zones (SEZ)'s Approval Committee (AC) has referred two zone applications of JW and...

Updated 14 Aug, 2020 03:48am

Taxes

2014 to 2018: Cost of tax collection rises by 36 percent

LAHORE: The cost of collection of tax in Pakistan has sharply increased over time, jumping to Rs 25 billion in 2018...

Updated 14 Aug, 2020 03:47am

Industry

Industrial co-operation to increase between Pakistan and China: Umar

ISLAMABAD: Federal Minister for Planning Development and Special Initiatives Asad Umar has said that industrial...

Updated 14 Aug, 2020 03:47am

Business & Finance

Work on western route of CPEC accelerated, says minister

ISLAMABAD: The Federal Minister for Communications Murad Saeed said on Thursday work on western route of the China...

Updated 14 Aug, 2020 03:47am

Pakistan

PPP to review performance of regional organisations: Kaira

LAHORE: Pakistan Peoples Party (PPP) Punjab President Qamar Zaman Kaira has announced performance evaluation of the...

Updated 14 Aug, 2020 03:42am

Pakistan

Local Govt elections: ECP to issue voters' lists on September 16

ISLAMABAD: The Election Commission of Pakistan (ECP) on Thursday announced to publish the voters' lists on Sep 16,...

Updated 14 Aug, 2020 03:41am

Pakistan

Bajwa to visit Saudi Arabia in quest to smooth ties

ISLAMABAD: Army chief will visit Saudi Arabia this weekend, officials said, seeking to calm diplomatic strains over...

Updated 14 Aug, 2020 03:41am

Pakistan

Bilal Saeed, Saba Qamar: Registration of case ordered

LAHORE: A sessions court on Thursday ordered registration of a FIR against singer Bilal Saeed, Actress Saba Qamar ...

Updated 14 Aug, 2020 03:40am

Pakistan

Nestlé announces winners of N4HK essay competition

LAHORE: Nestlé Pakistan has announced the winners of the Nestlé for Healthier Kids (N4HK) essay competition, a...

Updated 14 Aug, 2020 03:39am

Pakistan

Empowering female students: Facebook, Tevta Punjab start free online courses

LAHORE: Facebook and Tevta Punjab empower female students discover ways to build digital marketing skills and starts...

Updated 14 Aug, 2020 03:39am

China pushes First Capital merger in drive to take on Wall Street

HONG KONG: China plans to merge domestic broker First Capital Securities with smaller rival Capital Securities, ...

Updated 14 Aug, 2020 03:37am

KCR tracks: SC assigns underpass task to FWO

KARACHI: The Supreme Court (SC) has assigned the Frontier Works Organization (FWO) to construct underpasses on the...

Updated 14 Aug, 2020 03:37am

FBR online system: 40 construction projects registered, 4,812 in process, PM told

ISLAMABAD: The Federal Board of Revenue (FBR) informed Prime Minister Imran Khan Thursday that online registration...

Updated 14 Aug, 2020 03:36am

Govt, wind power producers sign pacts

ISLAMABAD: The government and Wind Power Producers (WPPs) have signed pacts, to be binding after different level...

Updated 14 Aug, 2020 03:36am

SCB, Sightsavers partner to support Covid-19 relief projects

KARACHI: Standard Chartered, in partnership with Sightsavers International, the Bank's Seeing is Believing programme...

Updated 14 Aug, 2020 03:35am

Holiday Notice

KARACHI: The offices of Business Recorder will remain closed today, Friday (August 14) on account of Pakistan Day....