News Archives for Latest - 2020-09-05

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Archive - 2020-09-05

PM arrives in Karachi to implement Transformation Plan

On arrival in Karachi, Sindh Governor Imran Ismail and Sindh Chief Minister Syed Murad Ali Shah received Prime Minister Imran Khan.

Updated 08 Sep, 2020 04:28pm

Karachi Transformation Plan: PM announces historic Rs1,100bn package

Provincial Coordination And Implementation Committee (PCIC) has been established which will include all the stakeholders.
Earlier, Prime Minister Imran Khan chaired a meeting of Karachi Committee at Governor House.

Updated 07 Sep, 2020 12:49pm

Pakistan

Gold price falls Rs300, sold at Rs115,600 per tola

The price of per tola silver decreased by Rs30.

Published 05 Sep, 2020 08:19pm

Companies

Bosnian Tesla fan impatient for Cybertruck release builds a lookalike

The first drive through the streets of the southern town of Mostar drew a lot of attention, Mario Coric.
Everybody was watching and half of them thought we made a tank, because people don't know what the Cybertruck is.

Published 05 Sep, 2020 08:19pm

Pakistan

SPI inflation increases 0.8pc

The weekly SPI is covering 17 urban centers and 51 essential items for all expenditure groups.

Published 05 Sep, 2020 08:18pm

Exchange

Taliban say team in Qatar for Afghan peace talks

The Afghan government's negotiating team remained in Kabul on Saturday, but a logistics team landed in Doha earlier this week.

Published 05 Sep, 2020 08:03pm

World

Suspected gas blast kills 17 worshippers in Bangladesh mosque

The blast, which fire service officials suspect was caused by a leak from a gas pipeline,
At least 37 people were rushed to Dhaka's specialist burn and plastic-surgery hospital, most of them with severe burns, doctors said.

Updated 05 Sep, 2020 07:32pm

South Asia

Iran schools re-open despite concerns over spread of virus

This year, we shoulder a heavier burden of responsibility toward our students," said President Hassan Rouhani,
Iranian media said that seminaries also reopened on Saturday to about 50,000 students.

Published 05 Sep, 2020 06:39pm

USA

Trump ends anti-racism training in federal government: White House

Protests in major US cities erupted after the death of African American George Floyd in May.

Published 05 Sep, 2020 06:18pm

South Asia

India, China trade blame over border tensions after ministers meet

Both sides have sent tens of thousands of troops to inhospitable region which sits at an altitude of more than 4,000 metres.

Published 05 Sep, 2020 06:14pm

Africa

Sudan declares 3-month state of emergency after record floods

Heavy rains usually fall in Sudan from June to October, and the country faces severe flooding every year.

Published 05 Sep, 2020 06:11pm

South Asia

16 killed in Bangladesh mosque gas explosion

The 16 who died were among 37 taken to a specialist burns hospital in Dhaka, said hospital spokesman.

Published 05 Sep, 2020 06:09pm

Sports

Bosnia end Italy’s winning run in Nations League

The gap of 291 days between fixtures was Italy's longest since 1945-46.

Published 05 Sep, 2020 06:05pm

World

World Bank cancels loan for controversial Lebanon dam

World Bank said it had notified the government that it was withdrawing its financing "due to non-completion of the tasks.

Published 05 Sep, 2020 06:07pm

Sports

Chelsea sign Germany midfielder Havertz

The mid-fielder left the German national team camp on Friday to complete his medical before signing for the London club.

Updated 05 Sep, 2020 06:05pm

Pakistan agree to Phase 3 trials to test coronavirus vaccines

Pakistan will test the Beijing unit's candidate.
CNBG's Phase 3 trials are expected to involve 50,000 people in about 10 countries.
Several tens of thousand people have already taken CoronaVac through the emergency programme.

Published 05 Sep, 2020 05:53pm

Sports

PSG sign goalkeeper Rico from Sevilla on four-year deal

Rico, 27, joined PSG on a season-long loan last September and played 10 games in all competitions, helping the side win the Ligue 1 title.
The club would like to congratulate Sergio and wish him every success as he continues his career with the Rouge-et-Bleu.

Published 05 Sep, 2020 05:49pm

Europe

Italian PM says accord on Atlantia tollways unit close

Atlantia, controlled by the powerful Benetton family, agreed in July to pull out of Autostrade following the 2018 collapse of a motorway bridge run by the unit.
Conte said discussions were in the "final straight", without giving further details.

Published 05 Sep, 2020 05:49pm

Middle East

Rescuers search Beirut rubble for third day, with nation transfixed

Always in search operations like this, you can neither lose hope nor absolutely say there is hope.
"The building is really crumbling, it's scary and there's a lot of danger to the team," Abou Moussa said.

Published 05 Sep, 2020 05:38pm

Europe

Italy can be clean energy hub with hydrogen imports from Africa

Italy can become the infrastructural bridge between Europe and the African continent,
Proponents say infrastructure investment and more demand from transport, gas grids and industry can reduce costs.

Published 05 Sep, 2020 05:26pm

Europe

Russia says it has seen hostile comments from abroad on Navalny's health

In relation to these presumptuous comments that... (Novichok) was developed here, it is imperative to say the following.
For many years, specialists in many Western and countries and in the specialised structures of NATO have worked with this wide-ranging group of chemical components.

Published 05 Sep, 2020 05:14pm

PM due in Karachi today

ISLAMABAD: Prime Minister Imran Khan apart from reviewing the problems of the metropolis is likely to make a big...

Updated 05 Sep, 2020 02:24pm

Sports

Khawaja expresses willingness to play in PSL

The left hander is exploring opportunities in T20 League around the globe and participate in PSL is one of his priority.

Published 05 Sep, 2020 02:01pm

Gas pipeline blast kills 13 worshippers in Bangladesh mosque

Dozens were rushed to Dhaka’s state-run specialized burn and plastic-surgery hospital, most of them with severe burns.

Published 05 Sep, 2020 02:13pm

Sports

England beat Australia by two runs in final-ball T20I thriller

Visitors held England to 162-7 after Finch won the toss.

Published 05 Sep, 2020 01:46pm

Sports

I will stay at Barcelona: Messi

"When I communicated my wish to leave to my wife and children, it was a brutal drama,” says the 33-year-old.

Published 05 Sep, 2020 01:41pm

Sports

PCB invites 291 players for U19 trails

Trials to be held in Abbottabad, Karachi, Lahore, Multan, Quetta and Rawalpindi from 11-19 September.

Published 05 Sep, 2020 01:36pm

World

US happy to help in China-India border dispute, Trump says

China has said that there is no need for a third party to mediate and India has also appeared cool to the idea.

Published 05 Sep, 2020 12:57pm

Life & Style

Robert Pattinson tests positive for coronavirus while filming The Batman

Pattinson's diagnosis highlights the challenges of restarting Hollywood during the pandemic

Published 05 Sep, 2020 12:41pm

Business & Finance

China appreciates PM Imran Khan's remarks on CPEC

" We will work with the Pakistan government in earnest under the guidance of the two leadership for a shared future,” stated the Embassy of China on its Twitter handle.

Published 05 Sep, 2020 11:50am

Pakistan

Students will not have winter vacations this year

Educational institutions will remain open on Saturdays as soon as schools reopen.

Published 05 Sep, 2020 11:47am

Business & Finance

2016 all over again? Investors ready for big market moves as U.S. election nears

The Cboe Volatility Index has climbed over the last two weeks, first as investors chased further upside in U.S. stocks through call options and then as they sought protection against a tumble in indexes at record highs.

Published 05 Sep, 2020 10:55am

PM Khan visits Karachi, Rs802bn projects to be announced

Under the Prime Minister's visit to Karachi, six projects of mass transit system have also been announced for the metrpolis.

Published 05 Sep, 2020 10:27am

Companies

Virgin Atlantic plans 1,150 more job cuts

The airline, which had already announced around 3,500 job losses, completed the rescue deal with major shareholders and creditors on Friday after various court approvals.

Published 05 Sep, 2020 10:12am

Technology

Softbank partners with India's Oyo in Latam in move for more oversight

Softbank, the biggest investor in Oyo, will use part of its $5 billion Latin America fund to invest in the newly formed company called Oyo Latam which will take over 1,000 hotels mainly in Brazil and Mexico, Henrique Weaver said.

Published 05 Sep, 2020 10:07am

Exchange

U.S. Justice Department's Google lawsuit expected in weeks ahead: sources

Deputy Attorney General Jeff Rosen told Reuters last month that the Justice Department was moving “full tilt” on a probe of Google and other Big Tech platforms.

Published 05 Sep, 2020 10:05am

Trump, Biden could feud or make peace at 9/11 event

Biden, who is ahead in national polls but whose lead is tighter in all-important swing states including Pennsylvania, signaled he would share the stage with Trump in Shanksville if invited to do so.

Published 05 Sep, 2020 03:42am

US military sticks with Microsoft for $10bn cloud contract

"And then he ends up doubling down on the egregious act anyway."

Published 05 Sep, 2020 03:39am

Pandemic worsens American inequality, Fed chair says

Labor Department data released earlier in the day showed the world's largest economy added 1.4 million new jobs in August and the unemployment rate dropped to 8.4 percent.

Published 05 Sep, 2020 03:37am

Trump: US has seen 'no proof yet' of Navalny poisoning

"I don't know exactly what happened. I think it's tragic, it's terrible, it shouldn't happen," Trump said.

Published 05 Sep, 2020 03:36am

Repatriation of profit, dividend exceeds FDI inflows in July

KARACHI: Repatriation of profit and dividend by foreign investors has exceeded the Foreign Direct Investment arrived...

Updated 05 Sep, 2020 03:26am

Pakistan

SU VC rejects ACE investigation report

HYDERABAD: SU Vice Chancellor Prof. Dr. Fateh Muhammad Burfat, nullifying all charges against him, has termed ACE...

Updated 05 Sep, 2020 03:26am

Pakistan

South Punjab Secretariat to become operational on October 15

ISLAMABAD: The South Punjab Secretariat will formally become operational on October 15, as decided by a meeting...

Updated 05 Sep, 2020 03:26am

Pakistan

PIMS, other hospitals headed against recruitment rules

ISLAMABAD: Contrary to the Pakistan Tehreek-e-Insaf-led government's claim of improving the country's health system,...

Updated 05 Sep, 2020 03:26am

Pakistan

Karachi needs its due monetary share: PSP chairman

KARACHI: Pak Sarzameen Party Chairman Syed Mustafa Kamal on Friday said that Karachi is the economic hub of Pakistan...

Updated 05 Sep, 2020 03:21am

Pakistan

Four hurt in Quetta blast

QUETTA: At least four people got injured in a blast on Quetta's Sariab Road on Friday. According to police, some...

Updated 05 Sep, 2020 03:20am

Pakistan

PTI govt taking solid steps to fulfil promises: Buzdar

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has said that the PTI government has started taking solid steps to...

Updated 05 Sep, 2020 03:20am

Pakistan

Senate panel considers public petition regarding gas supply

ISLAMABAD: The Senate Standing Committee on Petroleum considered a public petition submitted by the women of Juman...

Updated 05 Sep, 2020 03:20am

Pakistan

Long-term power capacity plan fails: study

KARACHI: Pakistan's new long-term power capacity plan fails to live up to the government's stated principles of...

Updated 05 Sep, 2020 03:19am

Pakistan

'Greater Thar' to be declared as national park

HYDERABAD: Federal Government on Friday announced they would declare "Greater Thar" as a national park in...

Updated 05 Sep, 2020 03:19am

Exchange

The Afghan conflict

LETTER: That peace in war-torn Afghanistan is in sight there is still doubt about it because of the variety of...

Updated 05 Sep, 2020 03:18am

Currency

Early trade in New York: Safe-haven dollar jumps

NEW YORK: The US dollar on Friday rose to its highest in a week as investors bought into the safe-haven asset after...

Updated 05 Sep, 2020 03:16am

Money & Banking

Sterling loses out to rebounding dollar

LONDON: Sterling fell against the dollar for the third day in a row on Friday, retreating from its recent highs, as...

Updated 05 Sep, 2020 03:16am

Money & Banking

Turkish lira plumbs new low

ISTANBUL: Turkey's lira weakened for a fifth straight session to a new record low on Friday as hopes faded that...

Updated 05 Sep, 2020 03:16am

Business & Finance

Xi supports Beijing free trade zone

BEIJING: Chinese President Xi Jinping said on Friday he supports the city of Beijing in setting up a pilot...

Updated 05 Sep, 2020 03:16am

Business & Finance

Britain begins work on new high-speed railway

LONDON: Britain on Friday formally began building HS2, its new high-speed railway set to deliver thousands of jobs ...

Updated 05 Sep, 2020 03:16am

Business & Finance

New Swiss Alps tunnel set to transform Europe's rail links

CAMORINO: Switzerland opened its Ceneri tunnel on Friday - completing a mammoth project cutting a new route through...

Updated 05 Sep, 2020 03:16am

Industry

Imarat Group wins ICCI Achievement Award

ISLAMABAD: Islamabad Chambers of Commerce & Industry held its 3rd ICCI Achievement Awards, on 3rd September 2020...

Updated 05 Sep, 2020 03:12am

Pakistan

Visa validity of foreign nationals extended

ISLAMABAD: The federal government has extended the visa validity of foreign nationals residing in Pakistan till...