News Archives for Latest - 2020-09-16

Pakistan

665 new Coronavirus cases reported; four deaths in past 24 hours

A total of 3,024,987 corona tests have been conducted so far, while 735 hospitals are equipped with COVID facilities.

Published 16 Sep, 2020 11:58pm

Pakistan

NDMA distributes 79,073 tents, 14,521 blankets among rain affectees

According to NDMA report, a total of 12,532 tarpaulins, 4,907 kitchen sets, 20 gas cylinders, 5,983 jerry cans, 5,889 hygiene kits, 3,744 iron beds, 503 bed sheets.

Published 16 Sep, 2020 11:53pm

Pakistan

129 new cases of COVID-19 reported in Punjab on Wednesday

According to spokesperson of Punjab Primary and Secondary Healthcare department, so far the total number of deaths has been recorded as 2220.

Updated 16 Sep, 2020 11:53pm

UK's credit financing for Pakistan has tripled to £1.5 billion, says Turner

British High Commissioner says other countries including the United Kingdom should learn from Pakistan on controlling novel coronavirus

Updated 16 Sep, 2020 10:15pm

Stocks

Wall Street up on hopes of Fed backing; FedEx jumps

Fed expected to keep rates low for prolonged period.
FedEx jumps on bigger-than-expected quarterly profit.
Boeing down after US House panel's report on 737 MAX crashes.
Indexes up: Dow 0.42%, S&P 500 0.40%, Nasdaq 0.27%.

Published 16 Sep, 2020 08:57pm

Money & Banking

Caixabank/Bankia poised to create Spain's biggest domestic bank

Deal to create Spain's biggest domestic bank.
Caixabank/Bankia's market value is around 16 bln euros.
Caixabank mulls premium valuing Bankia at around 4bn.
Extraordinary board meetings due on Thursday to approve deal.

Published 16 Sep, 2020 08:49pm

COAS Bajwa inaugurates Burraq Combat Skills Training Complex in Gujranwala

The complex aims to enhance mechanized elements’ crew proficiency in overcoming obstacles encountered during offensive operations

Published 16 Sep, 2020 08:43pm

Companies

Alstom reduces offer price by $350mn for Bombardier's rail unit

Under the revised terms, the deal gives Bombardier's rail unit an enterprise value of $8.4 billion.
The loss prompted Alstom, which first made an offer in February for Bombardier's transportation business.

Published 16 Sep, 2020 08:46pm

Money & Banking

Morgan Stanley doesn't expect trading boom to continue

August activity good with no real slowdown –CFO.
On track to complete E*Trade buy in Q4 –CFO.

Published 16 Sep, 2020 08:45pm

World

US imposes sanctions on Chinese firm over Cambodia project

US-China tensions growing in Southeast Asia.
Pompeo "credible reports" complex could host Chinese assets.
Large airport has raised concerns of possible military use.

Published 16 Sep, 2020 08:43pm

Energy

Oil prices up 3pc as US crude inventories fall, hurricane hits output

US crudes drop by 4 million bbls, diesel stocks rise -EIA.
A quarter of US Gulf of Mexico output offline.
OPEC+ panel meets on Thursday to discuss supply pact.

Published 16 Sep, 2020 08:41pm

Energy

Russian oil exports seen flat in Q4 at 62.4mn tonnes

That is against the 62.8 million tonnes seen in the third quarter.
The schedule showed that Urals blend exports from the Baltic Sea ports will reach 18.5 million tonnes, up from 17.8 million tonnes in the current quarter.

Published 16 Sep, 2020 08:39pm

Energy

India's June quarter thermal coal imports down 42pc

India's electricity demand is expected to fall for the first time in four decades in the ongoing fiscal year, which ends in March 2021.
Thermal coal imports by the "non-regulated" sector, which includes cement producers and the metals industry fell 41.7%,

Published 16 Sep, 2020 08:36pm

Middle East

Iran says UAE, Bahrain will bear 'consequences' of Israel deals

Rouhani said Israel was "committing more crimes in Palestine every day".

Published 16 Sep, 2020 08:37pm

World

US House Democrats question Pompeo aides on Saudi weapons, cite war crimes concerns

Members of Congress had objected to the transactions out of concern they would exacerbate the huge humanitarian cost of the war in Yemen.
he noted that Inspectors general (IG's), like other executive branch officials, serve at the pleasure of the president.

Published 16 Sep, 2020 08:34pm

Exchange

US sanctions 'ruining lives', Iran tells UN court

The US urged the ICJ to reject the case on Monday.

Published 16 Sep, 2020 08:35pm

USA

Trump administration will continue reviewing TikTok deal for best interest of US

Any deal that gets made or doesn't get made is certainly one between them and TikTok," Meadows told.
The whole reason for banning TikTok was more from a national security standpoint than an economic one... We're going to continue to review it.

Published 16 Sep, 2020 08:32pm

South Asia

Taiwan calls for global defence against China 'threat'

Wu said a war with China "can be a real possibility if you look at the Chinese way of threatening Taiwan".

Published 16 Sep, 2020 08:31pm

Europe

Ireland sees budget deficit narrowing to 5.5pc in 2021

That equates to cash borrowing for 2021 in the region of 15-19 billion euros ($17.7-22.5 billion).
Two years of budget surpluses turned into a deep deficit this year due to 24.5 billion euros spent to date to deal with the COVID-19 pandemic.

Published 16 Sep, 2020 08:30pm

Business & Finance

Germany offered to build LNG terminals to avert US pipeline sanctions

Effectively freezing its construction until Russia can bring in its own engineering vessels to replace European contractors.
German ministers including Scholz have said this was the motivation for Washington's opposition to the pipeline.

Updated 16 Sep, 2020 08:30pm

Pakistan

Joint session of parliament underway to pass FATF-related bills

The legislation aims to enable law enforcement authorities to take certain encountering techniques with authoritative support of the courts of law to curb terror financing

Updated 16 Sep, 2020 08:09pm

Govt preparing bill to award strict punishment to sex offenders, PM tells parliament

Imran says we will maintain record of those culprits who are involved in sexual harassment cases

Updated 16 Sep, 2020 08:00pm

Financial

Bundesbank chief defends ECB bond purchases in wake of court case

Weidmann spoke to the lawmakers via a video-link and answered questions in a closed-door session for nearly two hours.
Weidmann extended his defence to the ECB's latest bond-buying scheme, the Pandemic Emergency Purchase Programme.

Updated 16 Sep, 2020 07:42pm

Exchange

PSX loses 64 points to close at 42,282 points

Hinopak Motor recorded maximum increase of Rs40.08 per share, closing at Rs759.76.

Published 16 Sep, 2020 07:29pm

Pakistan

Gold price increase Rs300 to Rs115,000 per tola

The price of per tola and 10 gram silver remained unchanged.

Published 16 Sep, 2020 07:25pm

Exchange

Rupee weakens against dollar

The buying and selling rates of dollar were recorded at Rs 165.8 and Rs 166.5 respectively.

Published 16 Sep, 2020 07:25pm

Pakistan

Machinery group imports reduced by 6.38pc in FY 2019-20

Textile Machinery imports decreased by 33.91 percent.

Published 16 Sep, 2020 07:23pm

Pakistan

Pakistan’s exports to USA decrease 9.88pc in July 2020

The imports from USA during the period under review were recorded at $152.512 million.

Published 16 Sep, 2020 07:19pm

Companies

Ferrari unveils modified version of Portofino bestseller

The new car, the first to be launched since the Italian sportscar maker temporarily shut down operations during a COVID-19 lockdown.
The Portofino M convertible features a redesigned powertrain, eight-speed gearbox and a five-position Manettino switch that includes a race mode.

Published 16 Sep, 2020 07:18pm

USA

Twitter labels video of Biden shared by Trump 'manipulated media'

Trump has cast himself as a "law-and-order" president during the campaign, in response to widespread protests.
A Twitter spokeswoman said the video, which garnered more than 2.8 million views, was labeled based on its synthetic and manipulated media policy.

Published 16 Sep, 2020 07:15pm

Energy

US natgas futures ease with weather expected to turn milder

Front-month gas futures fell 3.7 cents, or 1.6%, to $2.325 per million British thermal units.
With cooler weather coming, Refinitiv projected demand, including exports, would fall from 85.2 bcfd this week to 81.8 bcfd next week.

Published 16 Sep, 2020 07:13pm

Sports

Halep advances in Rome despite sluggish start

World number two Halep, who had skipped the US Open due to COVID-19 concerns and opted to stay in Europe and practice on the claycourts ahead of the French Open.
Halep had received a bye into the second round but was far from her best on serve and was broken five times in the match.

Published 16 Sep, 2020 07:11pm

Forex

Argentina's peso dips, country risk rises after central bank tightens currency controls

The peso opened 0.08% weaker at 75.25 per US dollar, traders said. Country risk rose 38 basis points to 1,157.
The new central bank restrictions are an extension of some controls that have been in place since last year to prop up the battered peso.

Published 16 Sep, 2020 07:10pm

Commodities

Soybeans steady as market eyes harvest, export news

Soybeans steady after pullback on weak US crush level.
Market eyes corn, soy harvest results, further China sales.
Corn, wheat inch down.

Published 16 Sep, 2020 07:08pm

Stocks

Most Gulf markets gain; Saudi bourse slips

STC asks banks to pitch for subsidiary IPO –sources.
Saudi Chemical signs MoU for coronavirus vaccine.
Qatar cultivates first green bonds as QNB raises $600mn.

Published 16 Sep, 2020 07:07pm

Parliament approves FATF-related bills amid walk out by opposition

The legislation aims to enable law enforcement authorities to take certain encountering techniques with authoritative support of the courts of law to curb terror financing

Published 16 Sep, 2020 07:01pm

Forex

Canadian dollar steadies as annual inflation stays near zero

Canadian dollar was unchanged against the greenback.
Canada's annual inflation rate remains at 0.1% in August.
Price of US oil increases 2.7%.
Canadian bond yields ease across the curve.

Published 16 Sep, 2020 07:04pm

Currency

US consumer spending losing steam as fiscal stimulus ebbs

Retail sales increase 0.6% in August; July revised down.
Core retail sales fall 0.1%; July revised lower.

Published 16 Sep, 2020 07:02pm

USA

Canada's annual inflation rate stays at just 0.1pc, well below Bank of Canada target

We still have the economy running well below capacity, the unemployment rate is still over 10%.
Gas prices fell 11.1% in August on a year-over-year basis, following a 14.9% decrease in July. The prices for food and shelter

Published 16 Sep, 2020 07:01pm

South Asia

India virus cases soar as EU warns against 'vaccine nationalism'

India, home to 1.3 billion people, has reported some of the highest daily case jumps in the world recently.

Published 16 Sep, 2020 07:02pm

Energy

As OPEC+ meets this week, UAE emerges as main laggard

Compliance with oil production cuts in August among OPEC+ members was seen at around 101%, four OPEC+ sources told.
Several of the secondary sources showed the UAE missed its target in August, with the International Energy Agency (IEA) giving OPEC's third-largest producer a score of only 10%,

Published 16 Sep, 2020 07:00pm

Industry

Volkswagen plans to take stake in Sixt

VW could take a stake of up to 15% in Sixt in the form of ordinary and preferred shares via a capital increase.

Published 16 Sep, 2020 06:57pm

Energy

Oil majors' renewable drive pushes up price tags on assets

BP, Shell and Total have all announced renewable expansion plans this year to reduce their reliance on fossil fuels and meet internal climate targets.
SSE also earlier this year sold a 51% stake in its Seagreen 1 British offshore wind farm project to France's Total.

Published 16 Sep, 2020 06:56pm

World

US pushes arms sales surge to 'Fortress Taiwan,' needling China

Taiwan is China's most sensitive territorial issue. Beijing says it is a Chinese province, and has denounced the Trump administration's support for the island.
Taiwan's military is well-trained and well-equipped with mostly US-made hardware.

Updated 16 Sep, 2020 06:55pm

Sports

Top seed Halep eases into Italian Open third round

Halep has twice finished runner-up in Rome, losing in 2017 and 2018 to Ukraine's Elina Svitolina.

Published 16 Sep, 2020 06:40pm

Europe

EU chief plans to replace Dublin asylum rule

The Dublin regulation was established in 1990 and has been reformed twice, most recently in 2013.

Published 16 Sep, 2020 06:38pm

Sports

FIFA estimates Covid-19 will cost global football $11 billion

Each national association can request a FIFA grant of $1million ($2mn for confederations) plus $500,000 for women's football.

Published 16 Sep, 2020 06:16pm

Sports

PM backs current cricket structure in Pakistan

Khan believed that a new structure required time to develop and prosper while claiming that short-term difficulties will eventually lead to long-term gains.

Updated 16 Sep, 2020 06:15pm

Europe

UN urges faster Lesbos asylum rulings as arson suspects charged

Six young Afghans have been arrested in connection with the incident, with four of them brought before a Lesbos magistrate on Wednesday.

Published 16 Sep, 2020 06:13pm

USA

Venezuela president behind crimes against humanity: UN probe

The mission reviewed over 2,500 incidents since 2014 that led to more than 5,000 killings by security forces, many of them arbitrary.

Published 16 Sep, 2020 06:10pm

Europe

Russia neo-Nazi vigilante 'Hatchet' found dead in jail

Tesak had three convictions for rousing ethnic hatred as well numerous other charges.

Published 16 Sep, 2020 06:07pm

World

Covid forces Jerusalem's Great Synagogue to shut in New Year first

Israel has registered nearly 167,000 coronavirus cases and 1,147 deaths, out of a population of nine million.

Published 16 Sep, 2020 06:01pm

Sports

Djokovic through to Italian Open third round

Four-time Rome winner Djokovic will next play either fellow Serb Filip Krajinovic or Italian qualifier Marco Cecchinato.

Published 16 Sep, 2020 06:03pm

Business & Finance

Dubai's DP World to partner with Israeli firm in bid for Haifa Port

The announcement came a day after Israel and the United Arab Emirates signed an historic agreement to normalize ties.
Israel has two ports, the port of Ashdod and the port of Haifa. They are strong ports in excellent locations.

Published 16 Sep, 2020 05:33pm

Forex

Dollar falls as markets increase bets on more Fed easing

The Federal Reserve's decision is due at 1800 GMT. Markets are keen to see the Fed's economic projections.
The Fed may follow up by announcing some new easing steps in accordance with its new regime,

Published 16 Sep, 2020 05:31pm

Exchange

Indian, China troops exchanged gunshots twice last week as tensions rose

In all these cases shots were fired in the air and not at each other thankfully.
The two sides are jockeying for advantageous positions on the undemarcated mountain border in the Ladakh sector which adjoins Tibet.

Published 16 Sep, 2020 05:28pm

World

Hurricane Sally makes landfall on Alabama's Gulf Coast

Upon landfall, winds were clocked at 105 miles per hour (165 km per hour), able to cause extensive damage.
The NHC earlier said the hurricane could bring more than 2 feet (60 cm) of rain to some areas as it creeps inland.

Published 16 Sep, 2020 05:26pm

Commodities

Gold rises as investors bet on dovish US Fed stance

Spot gold was up 0.4% to $1,963.97 per ounce by 1131 GMT, while US gold futures rose 0.4% to $1,973.50 per ounce.
While the Fed does not need to announce stimulus measures now, it will have to lay the groundwork for potential stimulus later.

Published 16 Sep, 2020 05:23pm

Financial

Italian bond yields hit one-month low ahead of Fed meeting

The Federal Reserve is expected to wrap up its latest policy meeting on Wednesday with somewhat rosier economic forecasts.
The street has priced out rate hikes to 2025, and when coupled with the fact the Fed has already ruled out the possibility of negative interest rates.

Published 16 Sep, 2020 05:22pm

Companies

GM to manufacture own ‘family’ of EV drive systems, motors

The move, which follows earlier GM initiatives on next-generation batteries.
The automaker is set to announce that it has designed and plans to produce on its own five interchangeable drive units and three motors.

Published 16 Sep, 2020 05:22pm

Stocks

Shares rally, dollar falls ahead of Fed meeting

Shares had rallied in the previous session after robust Chinese and US economic data and continued their gains on Wednesday.
Investors will be looking for details about how the changed approach will affect monetary policy.

Published 16 Sep, 2020 05:16pm

Exchange

British supermarket Waitrose to close four stores; 124 jobs at risk

The stores are in Caldicot, Wales; Ipswich Corn Exchange, eastern England; and Shrewsbury and Wolverhampton in central England.
Sadly, we have not been able to find a way to make these shops profitable in the long-term.

Published 16 Sep, 2020 05:13pm

Money & Banking

Bank of Spain grows more pessimistic about recovery from record slump

The slower acceleration in 2020 than our forecast means a worse starting point for growth in 2021.
Next year, it expects growth to be between 4.1% and 7.3%, down from its previous forecast of 9.1%.

Updated 16 Sep, 2020 05:12pm

Sports

I was termed 'lazy' because of Pakistani background: Usman Khawaja

Left-hand batsman believes criticism of him as a “lazy” player is rooted in racial stereotypes.

Updated 16 Sep, 2020 05:01pm

Exchange

Although too early to declare victory against Covid-19 but strong signs of recovery evident, says Dr Reza Baqir

Governor State Bank, Dr Reza Baqir gave a keynote speech in the D-Debtcon (the Distributed Interdisciplinary Sovereign Debt Research and Management Conference) hosted by Georgetown Law’s Institute of International Economic Law (IIEL).

Updated 16 Sep, 2020 04:34pm

Senate rejects Anti-Terrorism Act (amendment) Bill

Out of 104 members, 31 voted in favour of passing the bill on terror financing while 34 voted against it.

Updated 16 Sep, 2020 04:17pm

World

China says WTO report proves U.S. has been breaking international rules

The WTO ruled that additional tariffs imposed by the United States against China in 2018 were inconsistent with global trading rules

Published 16 Sep, 2020 03:57pm

World

Japan's Suga crafts 'continuity cabinet' after voted prime minister

Suga has pledged to pursue many of Abe's programmes, including his "Abenomics" economic strategy

Published 16 Sep, 2020 03:52pm

Agreement between PCB, PTV will promote cricket in country, says PM

PCB has signed a three-year broadcast deal with the state broadcaster and as part of the pact, PCB and PTV will share revenues made from commercial rights for fixtures

Updated 16 Sep, 2020 03:47pm

Sports

PCB finalises broadcast deal for Pakistan

The broadcast deal will be for the 2020 to 2023 cycle.

Updated 16 Sep, 2020 03:29pm

Technology

Samsung’s next flagship smartphone already making headlines

The device is expected to debut in first quarter of 2021.

Updated 16 Sep, 2020 03:08pm

World

U.S. House report blasts failures of Boeing, FAA in 737 MAX certification

The report criticised Boeing for withholding crucial information from customers, pilots and authorities.

Published 16 Sep, 2020 02:39pm

Sports

Brazilian govt backs Neymar in racism row

The statement came after Brazil's President Jair Bolsonaro on Monday retweeted Neymar's own version of events.

Published 16 Sep, 2020 02:26pm

India facing isolation at international forums due to aggressive behaviour: Qureshi

FM says India illegally occupied Jammu and Kashmir and it is an internationally recognised disputed territory

Published 16 Sep, 2020 02:28pm

Sports

Woods aims to end lacklustre run at US Open

Tiger has yet to finish in the top 10 of any tournament since the sport returned.

Published 16 Sep, 2020 02:07pm

Sports

Bale set for sensation Tottenham Hotspurs return

The 31-year-old is tipped to move away from Real Madrid despite having two years left on his contract.

Published 16 Sep, 2020 02:06pm

Business & Finance

CDA, S&T ministry sign MoU to operate electric buses in Islamabad

In the first phase, 30 electric buses will be brought into service in the capital.

Updated 16 Sep, 2020 01:31pm

Some Indian hospitals scramble for oxygen as coronavirus cases top 5 million

The worst-affected state of Maharashtra has decided to reduce supply to neighbouring states to meet its growing demand.

Published 16 Sep, 2020 12:07pm

Business & Finance

Monetary Policy Committee to meet on Monday

SBP Governor Dr Reza Baqir will give a press conference after the meeting.

Published 16 Sep, 2020 11:47am

Business & Finance

Oil rises as storm closes US production, inventories drop

More than 25% of U.S. offshore oil and gas output was shut and export ports were closed on Tuesday as Hurricane Sally sat just off the U.S. Gulf Coast.

Published 16 Sep, 2020 10:58am

Business & Finance

China approves $13 billion worth of fixed-asset investment projects in August

It has approved six fixed-asset investment projects across the country worth a combined 88.2 billion yuan ($13.03 billion) in August.

Published 16 Sep, 2020 10:49am

The 'real' Bill Gates passes away in his sleep

He was 94 and had Alzheimer’s disease.

Published 16 Sep, 2020 10:05am

Life & Style

Kim Kardashian joins celebs freezing IG and Facebook accounts to protest the company's tolerance of hate speech and propaganda

"Misinformation shared on social media has a serious impact on our elections and undermines our democracy," said Kim.

Published 16 Sep, 2020 09:46am

BR Research

Digitizing supply chain transactions

Pakistan has a big retail supply chain market which is growing. Currently, majority of the supply chain transactions...

Published 16 Sep, 2020 07:21am

BR Research

A Charter for Karachi

A certain Corporate Pakistan Group (CPG), which claims to be a leading platform of business, economic and...

Published 16 Sep, 2020 07:21am

Currency

SNGP – finance cost bear down on earnings

Sui Northern Gas Pipelines Limited (PSX: SNGP) recently announced its financial performance for the 1QFY20 where the...

Published 16 Sep, 2020 07:21am

BR Research

Amreli: Awaiting new wins

Amreli steel (PSX: ASTL) is in losses now; but that should change very soon if everything goes according to plan....

Published 16 Sep, 2020 07:21am

Exchange

Matco Foods Limited

Matco Foods Limited (PSX: MFL) was established in 1964, as a private limited company under the repealed Companies...

Published 16 Sep, 2020 07:20am

Business & Finance

German investor confidence hits 20-year high

FRANKFURT AM MAIN: Investor confidence in Germany unexpectedly soared to a 20-year high in September despite a...

Updated 16 Sep, 2020 03:43am

Business & Finance

Virus cost global tourism $460 billion in January-June

MADRID: The coronavirus crisis cost the global tourism sector $460 billion in lost revenue during the first six...

Updated 16 Sep, 2020 03:38am

Pakistan

Pink Residency: AC adjourns acquittal plea of two accused

ISLAMABAD: The accountability court on Wednesday adjourned the hearing of acquittal pleas of two accused in the Pink...

Updated 16 Sep, 2020 03:34am

Pakistan

CM approves models for civil secretariats in Bahawalpur, Multan

LAHORE: Punjab Chief Minister Sardar Usman Buzdar on Tuesday approved the models for civil secretariats in ...

Updated 16 Sep, 2020 03:34am

Pakistan

All educational institutions reopen in Lahore

LAHORE: All the educational institutions including seminaries in Lahore reopened on Tuesday after a six-month break...

Updated 16 Sep, 2020 03:34am

Pakistan

Minister opposes tax exemption for five marla properties

LAHORE: Punjab Finance Minister Hashim Jawan Bakhat has said that there was no logical justification for tax...

Updated 16 Sep, 2020 03:34am

Pakistan

Punjab govt increases financial assistance for deserving minorities

LAHROE: The Punjab government has increased the amount of financial assistance for deserving minorities from Rs 5000...

Updated 16 Sep, 2020 03:34am

Pakistan

PepsiCo's Access to Safe Water Programme: First phase enables safe water access for 30,000 people in Lahore

LAHORE: The first phase of PepsiCo's "Access to Safe Water Programme" has made safe water accessible to 30,000 ...

Updated 16 Sep, 2020 03:34am

Pakistan

Nestlé Pakistan launches cuisine book 'Dining Along The Indus'

LAHORE: Nestlé Pakistan recently launched a book - 'Dining Along The Indus', unveiled in 2019 in collaboration with...

Updated 16 Sep, 2020 03:34am

Pakistan

PSP's 6-point plan only way forward for Karachi: Kamal

KARACHI: Pak Sarzameen Party (PSP) chairman Syed Mustafa Kamal on Tuesday said longer the authorities of Pakistan...

Updated 16 Sep, 2020 03:34am

Exchange

Senate body passes Cooperative Societies (Amendment) Bill, 2020

ISLAMABAD: The Senate Standing Committee on Interior on Tuesday passed the Cooperative Societies (Amendment) Bill,...

Updated 16 Sep, 2020 03:34am

Opinion

As Arab Gulf starts opening to Israel, Palestinians face a reckoning

ARTICLE: Israel's rapprochement with Gulf Arab states has left the Palestinians feeling abandoned by traditional...

Updated 16 Sep, 2020 03:30am

Opinion

Pakistan's fuel sector

ARTICLE: The government has decided to upgrade the standard of petrol sold in Pakistan from Euro-II to a higher...

Updated 16 Sep, 2020 03:28am

Letters

Primate city: Karachi

LETTER: This is a propos a Business Recorder op-ed "Plight of Pakistan's primate city" carried by the newspaper...

Updated 16 Sep, 2020 03:28am

World

UN laments Yemen fighting, calls on Arab donors to pay up

UNITED NATIONS: Two senior UN officials on Tuesday voiced concerns about the worsening situation in war-wracked...

Updated 16 Sep, 2020 03:25am

Life & Style

AAJ PROGRAM SCHEDULE

Wednesday, September 16, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

Updated 16 Sep, 2020 03:21am

ECC likely to allow import of wheat

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet on Wednesday (today), is...

Updated 16 Sep, 2020 03:19am

POL prices remain unchanged

ISLAMABAD: The federal government has decided to maintain prices of petroleum products at the current level in a...

Updated 16 Sep, 2020 03:19am

Third Amendment: NA passes anti-terrorism bill

ISLAMABAD: The National Assembly Tuesday passed "Anti-Terrorism (Third Amendment) Bill, 2020" with a majority vote....

Updated 16 Sep, 2020 03:19am

Trump says he wanted to kill Assad, but Mattis opposed

WASHINGTON: US President Donald Trump said Tuesday he wanted to assassinate Syrian strongman Bashar al-Assad in ...

Updated 16 Sep, 2020 03:18am

Wheat tender: Four int'l suppliers evince interest

KARACHI: In response to the Trading Corporation of Pakistan (TCP) wheat import tender, some 4 international ...

Updated 16 Sep, 2020 03:18am

UAE, Bahrain sign deals with Israel

WASHINGTON: The United Arab Emirates and Bahrain signed agreements on Tuesday to normalize relations with Israel,...

Updated 16 Sep, 2020 03:16am

Increase in KE tariff: Cabinet decides to defer decision till next week

ISLAMABAD: The Federal Cabinet has decided to defer decision with respect to increase in K-electric tariff till next...

Updated 16 Sep, 2020 03:16am

Exchange

Nepra to hold public meeting today

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) will hold a public hearing on Wednesday (today) on a...

Updated 16 Sep, 2020 03:16am

Tariffs on China: WTO finds Washington broke trade rules

GENEVA/BRUSSELS: The World Trade Organization found on Tuesday that the United States had breached global trading...

Updated 16 Sep, 2020 03:10am

Non-bailable arrest warrants issued for Nawaz

ISLAMABAD: The Islamabad High Court (IHC) on Tuesday, rejecting Nawaz Sharif's plea to exempt him from appearing...

Updated 16 Sep, 2020 03:10am

Expats to make big investment in Ravi River project: PM

LAHORE: Prime Minister Imran Khan performed the ground-breaking of Ravi Riverfront Urban Development project Tuesday...

Updated 16 Sep, 2020 03:10am

LSM growth up by 5.02pc in July

ISLAMABAD: Large Scale Manufacturing (LSM) growth increased by 5.02 percent in July 2020 compared to the same month ...

Updated 16 Sep, 2020 03:10am

Cabinet lifts ban on export of Tyvek suits, anti-malarial drugs

ISLAMABAD: The Federal Cabinet Tuesday lifted the ban on export of Tyvek Suits and the anti-malarial drugs, ...

Updated 16 Sep, 2020 03:10am

Exchange

ADB projects broad recovery with 2pc growth

ISLAMABAD: Broad economic recovery in Pakistan with 2 percent GDP growth in fiscal year 2021 is projected with...

Updated 16 Sep, 2020 03:10am

Cotton

September exports to rebound: Dawood

ISLAMABAD: Prime Minister Advisor on Commerce and Investment, Abdul Razak Dawood has said Pakistan is facing an...

Updated 16 Sep, 2020 03:10am

Pakistan

Pakistan condemns missile, drone strikes by Houthis on KSA

ISLAMABAD: Pakistan "strongly" condemned the recent missile and drone strikes by Houthis on the Kingdom of Saudi...