News Archives for Latest - 2020-11-24

Exchange

Economy: misplaced govt optimism?

There has recently been a wave of optimism on the performance of the economy. Various indicators have been used to...

Updated 07 Dec, 2020 09:07pm

Sports

Wapda honours hockey players

LAHORE: In order to encourage and honour its hockey players on winning the 66th National Hockey Championship, a ...

Updated 25 Nov, 2020 03:35am

Europe

France's new coronavirus cases, hospital numbers drop sharply

The number of people in hospital with COVID-19 fell by 859 to 30,622, the sharpest drop since the start of the lockdown on Oct 30 and the number of people in intensive care dropped by 165 to 4,289.

Updated 25 Nov, 2020 12:11am

Pakistan

Recognition of Israel not under consideration: FO

The Spokesperson in a statement underlined that the Prime Minister’s statements in this context have been clear and unequivocal.

Updated 24 Nov, 2020 11:00pm

Pakistan

CM visits Complaint cell, listens to public complaints, issues directives for redressal

He also directed that if the complaint against the Patwari proves to be true then he should be fired from service and extra money taken by him be returned to the complainant.

Updated 24 Nov, 2020 09:30pm

Exchange

Panther Tyres Limited

Panther Tyres Limited, a leading tyre Company, has applied to be listed on the Pakistan Stock Exchange (PSX)....

Published 24 Nov, 2020 09:13pm

Pakistan

Sehat Insaf Card flagship programme of PTI govt: Dr Firdous

Dr Firdous Ashiq Awan said that thousands of deserving people were benefiting from the Sehat Insaf Card scheme across the province.

Updated 24 Nov, 2020 09:16pm

Pakistan

No tolerance for crimes against children, women in civilized society: PM

The prime minister was chairing a meeting of the Federal Cabinet which considered a number of important agenda items, PM Office Media Wing in a press release said.

Updated 24 Nov, 2020 09:11pm

Pakistan

Prices of sugar, wheat flour witness significant decline in last ten days due to govt's measures, strategy: Ministers

He said that as there was shortage in wheat production due untimely rains and bad weather conditions, wheat was being imported to overcome the deficiency of around 2.2 million metric tons.

Published 24 Nov, 2020 08:39pm

Pakistan

300 shops, bank sealed over violation of corona SOPs

He said that carelessness on part of people and avoiding notified instructions would put precious lives of people at risk.

Published 24 Nov, 2020 08:38pm

Pakistan

Kaavan’s retirement to Cambodia, a consideration for feelings of animals: President

After spending about 35 years in the Capital, Kaavan was being shifted to a sanctuary in Cambodia following the orders of the Islamabad High Court.

Updated 24 Nov, 2020 08:32pm

Two bomb blasts kill at least 14 in Afghan province of Bamiyan: officials

"Fourteen people have been killed and 45 more wounded in two (bomb) explosions," Bamiyan police chief Zabardast Safi told AFP.

Published 24 Nov, 2020 08:25pm

World

Erdogan ally quits after spat over prisoners

Yet Erdogan distanced himself from Arinc's comments on Sunday, saying Turkey would never be "with the Kavalas of this world".

Published 24 Nov, 2020 08:23pm

India bans 43 more Chinese apps in latest salvo at Beijing

A further 118 Chinese mobile applications, including the hit shoot 'em up game PUBG, were banned in September.

Published 24 Nov, 2020 08:19pm

Stocks

US stocks boosted by start of Biden White House transition

About 20 minutes into trading, the Dow Jones Industrial Average stood at 29,896.78, up 1.0 percent.

Published 24 Nov, 2020 08:18pm

Exchange

Iran's Khamenei warns against hopes of 'opening' with West

Biden, who defeated Donald Trump at the ballot box on November 3, has promised a return to diplomacy with Iran after four hawkish years under the departing US president.

Published 24 Nov, 2020 08:16pm

Business & Finance

Airline sector takes historic hit

Airlines have benefited from $160 billion in financial aid this year to withstand the crisis, and are now seeking a second round of $70-80 billion.

Published 24 Nov, 2020 08:14pm

Pakistan

Gandapur thanks GB people for giving two-third majority

Gandapur said peaceful protest is a democratic right of everyone, but vandalism, siege and taking law into hands will not be allowed at any cost.

Published 24 Nov, 2020 07:13pm

Pakistan

Pakistan, AJK artists to promote Kashmiri culture, heritage, says Shehryar Afridi

He said that the Kashmir committee stands committed to preserve the Kashmiri culture and identity and all necessary steps would be taken to restore pride of Kashmiris.

Published 24 Nov, 2020 07:10pm

Pakistan

Dr. Sania Nishtar listed among 100 inspiring women

The BBC has revealed the list of 100 inspiring and influential women from around the world for 2020, who are leading change and making a difference during these turbulent times.

Published 24 Nov, 2020 07:07pm

Pakistan

Cabinet approves two critical ordinances to deal with crime, rape, child abuse: Mazari

She said Cabinet Committee for the disposal of Legislative Cases (CCLC) would finalise and it should become operational in next few days.

Published 24 Nov, 2020 07:04pm

Pakistan

Corona decisions to be implemented strictly: CM

The government was monitoring the situation daily as the number of patients and the death rate were increasing due to carelessness.

Published 24 Nov, 2020 06:57pm

Pakistan

Opposition should reconsiders their political strategy: Governor

He mentioned the people stand united with the government, democracy and parliament. He said with each passing day, Pakistan was moving forward towards development successfully.

Published 24 Nov, 2020 06:54pm

Pakistan

COVID-19 situation: 13 died, 1382 infected in Sindh

Shah said that 11,738 tests were conducted against which 1,382 cases were diagnosed that constituted 11.8 percent current detection rate.

Updated 24 Nov, 2020 06:54pm

Middle East

Supreme leader dismisses talks as Iran looks to post-Trump future

TEHRAN (Reuters): Iran’s supreme leader dismissed the prospect of new negotiations with the West on Tuesday, even as the Tehran government spoke optimistically about the return of foreign companies in “the absence of Trump” and his sanctions.

Published 24 Nov, 2020 06:36pm

Pakistan

COVID-19 resurge: Asad Umar urges masses to follow SOPs strictly

In a press conference alongside Special Assistant to the Prime Minister on Health Dr. Faisal Sultan, the minister urged masses to follow COVID-19 SOPs strictly to curb the spread of the deadly virus.

Updated 24 Nov, 2020 06:36pm

Middle East

Israel drops Saudi Arabia from virus quarantine list, after Netanyahu's secretive visit

On Tuesday, a day after Israeli Prime Minister Benjamin Netanyahu's reported trip to Saudi Arabia, Israel's health ministry has added the Kingdom to a list of coronavirus "green" countries; which exempts any returning travellers from quarantine.

Published 24 Nov, 2020 06:06pm

Pakistan

Total active corona cases crosses 40,000, 48 deaths on Monday

Since the pandemic outbreak, a total of 379,883 cases were detected so far, including AJK 6,203, Balochistan 16,846, GB 4,558, ICT 27,555, KP 44,932, Punjab 115,138 and Sindh 164,651.

Updated 24 Nov, 2020 06:09pm

Pakistan

India escalated anti-Pakistan campaign, false flag ops following Islamabad's unveiling of dossier: FO

FO termed Indian ministry's briefing as another attempt to mischievously implicate Pakistan in some alleged planned attack in Indian Illegally Occupied Jammu and Kashmir (IIOJK).

Updated 24 Nov, 2020 06:02pm

Pakistan

COAS chairs CCC meeting; regional, national security including Indian interference in Pakistan discussed

According to Inter-Services Public Relations (ISPR), the forum reviewed geo strategic, regional & national security environment and discussed internal security, situation along borders, Line of Control (LoC) and atrocities in illegally Indian occupied Jammu and Kashmir (IIOJ&K).

Updated 24 Nov, 2020 06:01pm

USA

Afghanistan could become a "game-changer" for global meth production, according to report

While Afghanistan's opium poppy fields are already a source of the majority of the world's heroin, a new report warns that the country is becoming a significant global producer of methamphetamine.

Updated 24 Nov, 2020 05:30pm

Pakistan

Begum Shamim Akhtar funeral: Shehbaz, Hamza to be released on five-day parole

With the approval, the Shehbaz and Hamza would be let out of jail on parole to attend the funeral of Nawaz Sharif's mother, Begum Shamim Akhtar, a day before the body arrives in Pakistan.

Published 24 Nov, 2020 05:18pm

Exchange

Rupee recovers 96 paisas against US dollar

In interbank trading, the price of euro depreciated by Rs. 1.05 and closed at Rs. 190.04 against the last day’s trading of Rs. 191.09, State Bank of Pakistan reported.

Published 24 Nov, 2020 05:10pm

Pakistan

Sindh govt bans entry of aged people to vegetable markets

He said that the wearing of masks had also been made mandatory in the markets if anyone did not wear the mask he or she would not be allowed to enter it.

Published 24 Nov, 2020 05:08pm

Pakistan

20 more tested positive for COVID-19 in Faisalabad

He said that total 635 beds were reserved for coronavirus patients, including 550 beds in the Allied Hospital and 85 beds in DHQ Hospital Faisalabad.

Published 24 Nov, 2020 05:06pm

Pakistan

44 shops sealed over SOPs violation

According to spokesperson of district administration, the team inspected around 413 points, found 42 violation and fine of Rs. 70,000 was also imposed on violators.

Published 24 Nov, 2020 05:04pm

Coronavirus toll after 1100 GMT Tuesday

China -- excluding Hong Kong and Macau -- has to date declared 86,464 cases, including 4,634 deaths and 81,508 recoveries.

Published 24 Nov, 2020 05:04pm

Pakistan

Gold price decrease Rs2350 per tola

The gold prices in the in international market decreased by $51 and was traded at $1815 against $1866, the association reported.

Published 24 Nov, 2020 05:02pm

Pakistan

Bullion prices on Tuesday

Following were the bullion prices in Karachi on Tuesday.

Published 24 Nov, 2020 05:00pm

World

UN Security Council to hold first meeting on Tigray: diplomats

"We are very worried about the situation in Ethiopia," the secretary general told reporters in New York, warning of a "dramatic humanitarian impact" including in neighboring Sudan.

Published 24 Nov, 2020 05:00pm

Pakistan

POL import bill shrinks 24.56 pc to $3.153bn in 4 months

The commodities that contributed in negative growth of petroleum imports included petroleum products, imports of which declined by 12.5 percent, from $1.714 billion to $1.5 billion.

Published 24 Nov, 2020 04:59pm

Pakistan

PM to convene meeting of NCC on Covid-19

ISLMAABAD: Prime Minister Imran Khan Monday decided to convene a meeting of the National Coordination Committee ...

Updated 24 Nov, 2020 05:00pm

South Asia

The second wave of the COVID-19 pandemic could be deadlier than the last

While Pakistan, Bangladesh and Sri Lanka have managed to contain the COVID-19 pandemic, concerns are growing that the second wave of the pandemic could prove to be more deadly than the last, and if unchecked - could be devastating for South Asia as a whole.

Updated 24 Nov, 2020 04:59pm

Pakistan

WEF to celebrate 'Pakistan Strategy Day’ on Nov 25: Senator Faisal Javed

In a statement issued here, he said this is yet another endorsement of Pakistan's brilliant strategy of handling both Corona and Economy massive success.

Published 24 Nov, 2020 04:56pm

Stocks

Frankfurt DAX index to add 10 companies

Earlier this year, Deutsche Boerse made it easier to expel companies from the index in cases of insolvency.

Published 24 Nov, 2020 04:52pm

Pakistan

Punjab orders mandatory 50% work from home for TEVTA employees

The new order will remain applicable till January 31.

Published 24 Nov, 2020 04:52pm

New York City's first Black mayor dies aged 93: US media

He was appointed City Clerk in 1975 and served for a decade, the NYT said, before winning the mayoralty in 1989.

Published 24 Nov, 2020 04:50pm

Commodities

Palm falls on lean November exports, weaker rival soy

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange slid 55 ringgit, or 1.65pc, to 3,271 ringgit ($799.56) a tonne by the midday break.

Published 24 Nov, 2020 04:48pm

Middle East

Saudi Aramco says Huthi strike tore large hole in oil tank

"What happened yesterday was another hostile attack, similar to what happened at Khurais and Abqaiq," he said.

Published 24 Nov, 2020 04:47pm

Stocks

Japan shares end at multi-year highs on vaccine cheer, Biden transition

The broader Topix rose 2.23pc to 1,765.91, the highest in more than two years. Energy, real estate, and financial shares led the advance.

Published 24 Nov, 2020 04:45pm

World

Covid-19 vaccines offer hope as world leaders plan for future

Nearly 258,000 people have died nationwide and the caseload is edging towards 12.4 million, according to Johns Hopkins University.

Published 24 Nov, 2020 04:43pm

World

U.N. chief calls for Afghan ceasefire and inclusive peace

“Progress toward peace will contribute to the development of the entire region, and is a vital step towards the safe, orderly and dignified return of millions of displaced Afghans.”

Published 24 Nov, 2020 04:44pm

Commodities

Indonesia 2020 palm oil exports seen at 36.1mn tonnes

Its palm oil exports are forecast to edge slightly higher next year, at 36.49 million tonnes, the data showed.

Published 24 Nov, 2020 04:43pm

Stocks

South Korea stocks close at record high on vaccine hopes, Biden transition

The KOSPI closed up 15.17 points, or 0.58pc, at 2,617.76, extending its rally for a fourth day. It jumped as much as 1pc to an all-time high earlier in the session.

Published 24 Nov, 2020 04:41pm

Business & Finance

Germany revises up Q3 economic growth

However, "the risk of another setback in the final quarter of 2020 due to the ongoing lockdown is quite high", he said.

Published 24 Nov, 2020 04:41pm

Industry

Power consumers to reap relief of Rs 300bn owing to govt reforms: Umar

The Federal Minister said that if the electricity rate was raised by Rs 12 per unit as soon as the present government came into power, the circular debt issue would have ended.

Published 24 Nov, 2020 04:26pm

Afghan president calls for support but donors likely to cut aid

Support for Kabul from donor nations sends an important message to the Taliban in peace negotiations, experts say.

Published 24 Nov, 2020 04:39pm

Forex

South African rand gains as Biden transition lifts global risk appetite

The rand is seen by some investors as a proxy for emerging market risk and tends to gain strongly when global market sentiment is upbeat.

Published 24 Nov, 2020 04:39pm

Commodities

CBOT wheat may test support at $5.90

The contract failed three times to break a resistance at $6.02-1/2, the 50pc projection level of a downward wave (c) from $6.26-1/4.

Published 24 Nov, 2020 04:37pm

Israel drops Saudi from virus quarantine list after PM's reported visit

Had Saudi Arabia not been on Israel's coronavirus green list, Netanyahu and his staff would technically been compelled to quarantine for 14 days upon return.

Published 24 Nov, 2020 04:36pm

Commodities

New York coffee may fall to $1.1465

The support is identified as the 38.2pc retracement of the uptrend from $1.0485 to $1.2440.

Published 24 Nov, 2020 04:34pm

World

Finnish capital to shut high schools, ban public events

However the rate in and around the capital is currently significantly higher, at 155.8 new cases per 100,000 population.

Published 24 Nov, 2020 04:34pm

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 24 Nov, 2020 04:32pm

Europe

Russia says Sputnik V virus vaccine 95pc effective

They did not note the number of cases used to make the calculation, however.

Published 24 Nov, 2020 04:32pm

Europe

Russia reports record 491 coronavirus deaths, 24,326 new infections

Authorities also reported 24,326 new coronavirus infections in the space of 24 hours, including 5,838 in the capital Moscow, bringing the national cumulative tally to 2,138,828.

Published 24 Nov, 2020 04:29pm

World

Russia says chased off US warship in its Pacific waters

The area has been in dispute since 1984, when the Soviet Union declared it part of its waters, a claim that Russia has maintained.

Published 24 Nov, 2020 04:30pm

World

Russia's Sputnik V coronavirus vaccine is 95 percent effective

The first international deliveries of the vaccine will be made to customers in January 2021.

Published 24 Nov, 2020 04:31pm

World

Calls to protect civilians in Ethiopia as decisive battle looms

The government said Tuesday that "a large number of Tigray militia and special forces are surrendering" following the issuance of Abiy's 72-hour ultimatum.

Published 24 Nov, 2020 04:26pm

Stocks

China stocks retreat from 5-yr high as consumer, property shares weigh

The blue-chip CSI300 index closed 0.6pc lower at 4,974.29, while the Shanghai Composite Index declined 0.3pc to 3,402.82.

Published 24 Nov, 2020 04:27pm

Forex

Aussie and euro gain as U.S. transition goes ahead; kiwi jumps

The Australian dollar ticked up 0.4pc to $0.7313 while the euro rose 0.1pc at $1.1852.

Published 24 Nov, 2020 04:23pm

Pakistan

Avenfield, Al-Azizia cases: IHC defers decision to declare Nawaz Sharif proclaimed offender

A two-member bench comprising Justice Amir Farooq and Justice Mohsin Akhtar Kayani heard the pleas filed by Pakistan Muslim League (PML-N) chief against his conviction in the references.

Published 24 Nov, 2020 04:25pm

Friend says Khashoggi 'threatened' by Saudi official before death

The murder sparked an international outcry and tarnished the reputation of the oil-rich kingdom and the crown prince.

Published 24 Nov, 2020 04:23pm

Africa

After two arrests, Zimbabwe journalist remains defiant

"I am not going to stop exposing corruption," he told AFP a day after his release from Chikurubi Maximum Security Prison.

Published 24 Nov, 2020 04:22pm

Forex

Rouble firms on month-end taxes, higher oil prices support stocks

At 0744 GMT, the rouble was 0.4pc stronger against the dollar at 75.86, heading towards 75.5225, its November peak touched last week.

Published 24 Nov, 2020 04:21pm

Forex

Kenya's shilling inches down on higher demand for dollars

At 0803 GMT, commercial banks quoted the shilling at 109.60/80 to the dollar, compared with Monday's close of 109.50/70.

Published 24 Nov, 2020 04:18pm

Commodities

Turkey gets offers in 155,000 tonne barley purchase tender

The TMO traditionally undertakes several rounds of negotiations in tenders seeking lower offers each round.

Published 24 Nov, 2020 04:15pm

Stocks

Hong Kong stocks track broader Asia higher on White House transition, vaccine hopes

The sub-index of the Hang Seng tracking energy shares dipped 0.1pc, while the IT sector dipped 0.26pc, the financial sector ended 0.45pc higher and the property sector rose 1.24pc.

Published 24 Nov, 2020 04:13pm

Financial

Euro zone bond yields tick up; EU launches third bond sale for SURE

That boosted riskier assets like stocks and trade-sensitive currencies, while euro zone bonds were hurt marginally.

Published 24 Nov, 2020 04:10pm

Forex

Ugandan shilling flat amid thin activity on demand side

At 0901 GMT commercial banks quoted the shilling at 3,700/3,710, same level as Monday's close.

Published 24 Nov, 2020 04:08pm

Commodities

Thailand tenders for feed wheat and feed barley

Wheat shipment is sought in various possibilities in January, February and March 2021.

Published 24 Nov, 2020 04:06pm

Commodities

Turkey gets offers in 350,000 tonne corn purchase tender

The offer was said to have been submitted by trading house Cargill for 30,000 tonnes.

Published 24 Nov, 2020 04:03pm

Energy

Oil hits highest since March, spurred by vaccine hopes

Brent crude rose 31 cents, or 0.7pc, to $46.37 a barrel by 0914 GMT and hit a session high of $46.72, its highest since March 6.

Published 24 Nov, 2020 04:01pm

Forex

Sterling gains as risk sentiment improves

Versus the euro, the moves in the pound were more contained, with the British currency trading up 0.1pc versus the common currency at 88.78 pence.

Published 24 Nov, 2020 03:59pm

Stocks

European shares rise on vaccine optimism, possible easing of virus curbs

The pan-European STOXX 600 index was up 0.7pc at 0915 GMT, supported by strong gains in the travel sector and oil & gas stocks after crude prices hit their highest levels since late March.

Published 24 Nov, 2020 03:57pm

Forex

Turkish lira weakens as much as 2pc against dollar

The lira weakened as far as 8.05 to the U.S. currency from Monday's close of 7.8880.

Published 24 Nov, 2020 03:55pm

Forex

Dollar weakness supports EM currencies, lira slides again

Most Asian stock markets were subdued, although India's Nifty 50 hit a record high, topping 13,000 for the first time.

Published 24 Nov, 2020 03:51pm

Stocks

Travel, commodity stocks boost London shares on vaccine hopes

The commodity-heavy index rose 0.8pc, with energy and mining stocks jumping on higher crude and metal prices.

Published 24 Nov, 2020 03:49pm

Money & Banking

ECB warns of economic hit if pandemic-support is phased out

"The simultaneous termination of policy measures could trigger a protracted downward shift in the recovery path," the ECB said.

Published 24 Nov, 2020 03:46pm

World

Worldwide coronavirus cases cross 59.09 million, death toll at 1,397,239

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

Published 24 Nov, 2020 03:43pm

Energy

UK GAS-Prompt prices rise with temperatures set to turn colder

Peak wind power generation is forecast at 11.9 gigawatts (GW) on Tuesday falling to 7.4 GW on Tuesday, Elexon data showed.

Published 24 Nov, 2020 03:42pm

Companies

Covid-19 Vaccination A Necessity for Overseas Travel: Qantas Airways

Qantas Airways Ltd. plans to make Covid-19 vaccination a necessity for overseas travel through its airline - other airlines might follow suit.

Published 24 Nov, 2020 03:28pm

Europe

Poland finds eight coronavirus cases among farmed mink

Veterinary authorities said earlier this month they had ordered tests in 18 farms in four administrative regions of the country.

Published 24 Nov, 2020 03:40pm

Commodities

Gold falls to 4-month low as vaccine hopes take centre stage

Spot gold was down 0.7pc at $1,823.58 per ounce at 1015 GMT, having earlier slid to its lowest since July 21 at $1,820.45. It slumped as much as 2.2pc on Monday.

Published 24 Nov, 2020 03:36pm

Europe

Russia's Sputnik V vaccine to be cheaper than rivals, says fund head

Moscow has been criticised by some scientists in the West who have accused it of cutting corners in an effort to try to rush out the Sputnik V vaccine, something that Russia has denied.

Published 24 Nov, 2020 03:32pm

Middle East

French companies arming Saudi forces in Yemen conflict: Report

Certain French companies are allegedly training Saudi soldiers in mission-critical skills used to kill Yemeni civilians during the horrific conflict taking place in the country, potentially targeting nearly half a million civilians - according to a report.

Updated 24 Nov, 2020 03:24pm

Industry

Pakistani Agritech Firm to Sell AI Tech to Middle Eastern Farmers

Industrial Vision Systems, a Pakistani Agritech Firm, plans on selling its AI-based technology for scanning and grading fruits and vegetables in the Middle East.

Published 24 Nov, 2020 03:16pm

World

Taiwan to protect sovereignty with new submarines amid China tensions

Taiwan, which China claims as its own territory, has been for years working to revamp its submarine force, some of which date back to World War Two, and is no match for China’s fleet, which includes vessels capable of launching nuclear weapons.

Published 24 Nov, 2020 03:06pm

Exchange

Special Report: How Britain failed to stop the second wave

A retired surgeon, Hutchinson is part of a local team of “contact tracers” in Halifax, Yorkshire, that aims to reach infected people before they infect others. His experience that day in mid-October, he said, summed up why Britain’s “tracking of the virus is very, very poor.”

Published 24 Nov, 2020 03:00pm

Pakistan

Pakistan condemns Houthi missile attack on Saudi Oil facilities

"We reaffirm our full support and solidarity with the brotherly Kingdom of Saudi Arabia against any threats to its security and territorial integrity," FO said.

Published 24 Nov, 2020 02:55pm

Pakistan

Over 10,000 healthcare workers in Pakistan tested COVID-19 positive

The report came at a time when Pakistan is witnessing an alarming spike in coronavirus cases during the second wave.

Published 24 Nov, 2020 02:49pm

Business & Finance

Traders refuse to follow, urge govt to reconsider new SOPs

The business leaders said that the country's economy, especially the small business sector, could not afford such measures, adding that in the reduced timing, the market would be in a rush, which would increase Coronavirus.

Published 24 Nov, 2020 02:25pm

Pakistan

Info minister says no restrictions on Nawaz, sons to arrive in Pakistan for Begum Shamim's funeral

"They are welcome to come to Pakistan and attend the funeral," Faraz tweeted.

Updated 24 Nov, 2020 02:02pm

Pakistan

Colgate laboratory tests show toothpaste and mouthwash inactivate 99.9% of the virus that causes COVID-19

Clinical research program underway to validate potential of oral health products to slow spread of the virus.

Published 24 Nov, 2020 01:43pm

Technology

Pakistan eyes to enter $90bn gaming industry with upcoming program

The minister in a tweet on Tuesday said that the upcoming program terming it a ‘game-changer’ that would allow Pakistan to penetrate into the $90 billion gaming industry.

Published 24 Nov, 2020 01:02pm

Europe

France to probe clashes after police cleared out new Paris migrant camp

French Interior Minister Gerald Darmanin said he was launching a probe into clashes that broke out late on Monday after police cleared out a new migrant camp in Paris’ Place de la Republique, adding that images of the scuffles were “shocking”.

Published 24 Nov, 2020 01:00pm

Pakistan

PM approves formation of National Intelligence Coordination Committee for spy agencies

The NICC will be led by the director-general of the Inter-Services Intelligence (ISI), who would function as its chairman.

Published 24 Nov, 2020 01:01pm

Technology

Snapchat Launches Spotlight to Take on TikTok and Instagram Reels

Snapchat launches a new section of its app called the Spotlight, which will showcase user-created video, and offer serious competition to Instagram Reels and TikTok.

Updated 24 Nov, 2020 12:56pm

USA

President Trump permits GSA to begin transition process

On Monday, the Administrator of the General Services Administration authorized President-elect Joe Biden to begin a formal transition process, a strong indication that the president’s last-ditch efforts to overturn the results of the election were finally coming to an end.

Updated 24 Nov, 2020 12:53pm

Business & Finance

Tesla’s Elon Musk overtakes Bill Gates as world’s second richest person

The rise of Elon Musk wealth majorly comes from his electric vehicle manufacturing giant Tesla, whose market value is approaching $500bn.

Published 24 Nov, 2020 12:02pm

BR Research

Time to go short on sugar?

Monthly average retail price of sugar is yet to score a 100 in November-2020, but the federal government has already...

Updated 24 Nov, 2020 11:58am

Business & Finance

China's Xi calls for using QR Code technology to resume global travel

President Xi has given a new proposal to facilitate international tourism suspended due to the coronavirus.

Published 24 Nov, 2020 11:11am

Pakistan

Pakistan reports 2,954 new coronavirus cases, 48 fatalities

Currently, there are 40,379 active cases in the country.

Updated 24 Nov, 2020 10:58am

Pakistan

Sindh makes it mandatory for 50% of staff to work from home

The home department has also directed the closure of all cinemas, shrines and gyms.

Updated 24 Nov, 2020 10:57am

Business & Finance

Stocks rise as Biden transition, vaccine progress lift confidence

U.S. stocks also got an added boost after reports that Biden plans to nominate former Federal Reserve Chair, Janet Yellen, to become the next Treasury Secretary. Futures for the S&P 500 rose 0.48% in early Asian trade.

Published 24 Nov, 2020 10:39am

Companies

MPCL enters into JV Agreement for Potential Mining Projects in Balochistan

“As part of its long term growth strategy, MPCL is evaluating multiple opportunities in nearcore and non-core sectors to diversify its business including mineral exploration in the prospective areas of the country,” it added.

Published 24 Nov, 2020 10:23am

Business & Finance

Oil holds near three-month highs as vaccines stoke demand recovery hopes

Brent crude futures rose 3 cents, or 0.1%, to $46.09 a barrel by 0113 GMT, while U.S. West Texas Intermediate crude added 11 cents, or 0.3%, to $43.17 a barrel. Both benchmarks settled up about 2% on Monday after gaining about 5% last week.

Published 24 Nov, 2020 10:16am

Companies

Britain's telcos face fines if they use suppliers deemed high-risk, like Huawei

The Telecommunications (Security) Bill will boost the security standards of the UK’s telecoms networks and remove the threat of high-risk vendors, the government said.

Published 24 Nov, 2020 10:10am

Technology

China calls launch a success as robotic spacecraft heads to moon

The China National Space Administration (CNSA) called the launch a success and said in a statement that the rocket flew for nearly 37 minutes before sending the spacecraft on its intended trajectory.

Published 24 Nov, 2020 10:03am

Currency

Gadoon Textile Mills Limited

Gadoon Textile Mills Limited (PSX: GADT) was established in 1988 as a public limited company. It is part of the ...

Published 24 Nov, 2020 07:40am

BR Research

(O)MG, it’s an SUV!

Morris Garages (MG) has started the inning Afridi style in a car market that is used to Misbah’s. MG soft launched...

Published 24 Nov, 2020 07:30am

BR Research

What if there is another lockdown?

At the onset of a tough pandemic winter, there is a question doing the rounds in policymaking circles: how much room...

Published 24 Nov, 2020 07:25am

Pakistan

Surgeon General attends symposium organised by NUMS

RAWALPINDI: Drug Regulatory Authority of Pakistan (DRAP) and National University of Medical Sciences (NUMS) ...

Updated 24 Nov, 2020 04:10am

Pakistan

Sirat-un-Nabi (PBUH) conferences organised

LAHORE: Speakers at two different moots titled "Sirat-un-Nabi" unanimously agreed that solution to all the "current...

Updated 24 Nov, 2020 04:08am

Pakistan

Eight shops, marriage hall sealed in Lahore

LAHORE: The Lahore administration on Monday sealed eight shops and a marriage hall for failing to enforce standard...

Updated 24 Nov, 2020 04:07am

Pakistan

35,000 new housing units in Lahore: PM to perform groundbreaking ceremony on December 25

LAHORE: Punjab Minister for Housing Mian Mahmood-ur-Rashid said that Prime Minister Imran Khan would perform the...

Updated 24 Nov, 2020 04:07am

Pakistan

Nation united on Kashmir issue: governor

LAHORE: Punjab Governor Chaudhry Mohammad Sarwar has said that every Pakistani is united on the Kashmir issue ready...

Updated 24 Nov, 2020 04:05am

Pakistan

Two terrorist commanders killed in Bajaur

ISLAMABAD: A major terrorist network has been neutralised as security forces conducted Intelligence Based Operation...

Updated 24 Nov, 2020 04:04am

Pakistan

Pakistan to achieve its destiny under Imran Khan: CM

LAHORE: Chief Minister Sardar Usman Buzdar said on Monday that the country is facing internal and external ...

Updated 24 Nov, 2020 04:03am

Pakistan

Zardari seeks exemption from appearance in pre-arrest bail plea

ISLAMABAD: Former president Asif Ali Zardari on Monday filed an application before the Islamabad High Court (IHC)...

Updated 24 Nov, 2020 04:03am

Exchange

Qaiser for digital integration of PWDs

ISLAMABAD: National Assembly Speaker Asad Qaiser said that integration of persons with Disabilities (PWDs) into the...

Updated 24 Nov, 2020 04:03am

Pakistan

Dues of non-litigant retired employees of PSM: SHC directs AGPR to deposit Rs 11.68 billion

KARACHI: The Sindh High Court (SHC) on Monday directed the Accountant-General of Pakistan Revenues (AGPR), Karachi,...

Updated 24 Nov, 2020 04:03am

World

Biden announces foreign policy, national security team

WASHINGTON: US President-elect Joe Biden on Monday named the deeply experienced Antony Blinken for secretary of...

Updated 24 Nov, 2020 04:01am

Business & Finance

Achieving SDGs: Pakistan asks Saarc countries to raise voice for mobilising finance

ISLAMABAD: Pakistan urged the SAARC member states to raise voice for mobilising finance committed by the developed...

Updated 24 Nov, 2020 04:00am

Currency

Eurozone economy in 'steep downturn'

BRUSSELS: Eurozone economic activity plunged in November, a key survey showed on Monday, due to a resurgence of...

Updated 24 Nov, 2020 03:58am

Business & Finance

MoC, TDAP hold awareness webinar on 2nd phase of CPFTA

HYDERABAD: Ministry of Commerce and Trade Development Authority of Pakistan (TDAP) organized an awareness webinar on...

Updated 24 Nov, 2020 03:56am

Business & Finance

BBoIT sets up regional office in Karachi

QUETTA: The Balochistan Board of Investment and Trade (BBoIT), under the leadership of Chief Minister Jam Kamal ...

Updated 24 Nov, 2020 03:56am

Business & Finance

UAE allows 100 percent foreign ownership of companies

DUBAI: Foreigners opening a company in the United Arab Emirates no longer need an Emirati shareholder or agent under...

Updated 24 Nov, 2020 03:54am

Business & Finance

Pak-Afghan trade to increase after signing of MoUs: Speaker

ISLAMABAD: National Assembly Speaker Asad Qaiser has said that the volume of trade between Pakistan and Afghanistan...

Updated 24 Nov, 2020 03:54am

Israel reports claim PM met Saudi crown prince, Riyadh denies

OCCUPIED JERUSALEM: Israeli media reports and a government source said Monday Prime Minister Benjamin Netanyahu had...

Updated 24 Nov, 2020 03:52am

Naeem Bokhari made PTV chairman

ISLAMABAD: The federal government on Monday appointed Naeem Bokhari as independent director and chairman of Pakistan...

Updated 24 Nov, 2020 03:52am

LHC suspends notice issued to JDW Sugar Mills by FBR

LAHORE: The Lahore High Court on Monday suspended a notice issued by the Inland Revenue department of the Federal...

Updated 24 Nov, 2020 03:51am

Rolling Spectrum Strategy 2020-2023 launched

ISLAMABAD: The government on Monday launched "Rolling Spectrum Strategy 2020-2023", which will become basis for the...

Updated 24 Nov, 2020 03:51am

India tells UN powers it feels 'under pressure' to 'hit back' at Pakistan

NEW DELHI: India on Monday told the main UN Security Council powers that it feels pressure to hit back at Pakistan...

Updated 24 Nov, 2020 03:47am

Building, 4 vehicles torched in G-B

KARACHI: At least four vehicles, one of which belonged to an interim minister, and a building of Gilgit-Baltistan's...

Updated 24 Nov, 2020 03:46am

'World must not turn away from Afghanistan'

GENEVA: The international community must continue aiding Afghanistan or risk "disastrous consequences," UN refugee...

Updated 24 Nov, 2020 03:46am

Exchange

Live content rights: Government to allow PTV to make payment to Indian broadcasters

ISLAMABAD: The government is to allow PTV to pay over $ 0.632 million to Indian broadcasters for live content rights...

Updated 24 Nov, 2020 03:44am

Sports

PCB terminates contracts

LAHORE: The Pakistan Cricket Board (PCB) has terminated the contracts of HBL Pakistan Super League's WMTR, Fantasy...

Updated 24 Nov, 2020 03:39am

Life & Style

Aaj TV - Tuesday's Program schedule

All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Updated 24 Nov, 2020 03:39am

MPS: It comes as no surprise

No change, no surprise. Between the lines, the message is that monetary policy is to remain accommodative till the...

Updated 24 Nov, 2020 03:39am

Exchange

$800-900 million G-20 debt relief for another 6 months: Cabinet set to allow EAD to move formal request

ISLAMABAD: The Federal Cabinet is all set to allow Economic Affairs Division (EAD) to put forward a formal request...

Updated 24 Nov, 2020 03:38am

Provinces asked to deal with price hikes

ISLAMABAD: As there appears to be no let-up in increase in the prices of essential commodities, Adviser on Finance...

Updated 24 Nov, 2020 03:36am

Cabinet to discuss industrial growth, PDM challenge today

ISLAMABAD: The Federal Cabinet which is scheduled to meet on Tuesday (Nov 24) with Prime Minister in the chair, will...

Updated 24 Nov, 2020 03:35am

Exchange

Policy rate kept unchanged at 7 percent

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has maintained the policy rate at 7...

Updated 24 Nov, 2020 03:35am

In latest China jab, US drafts list of 89 companies with military ties

NEW YORK: The Trump administration is close to declaring that 89 Chinese aerospace and other companies have military...

Updated 24 Nov, 2020 03:34am

Education shutdown from Thursday

ISLAMABAD: The Inter-Provincial Education Ministers Conference (IPEMC) on Monday decided to close educational...

Updated 24 Nov, 2020 03:33am

Opinion

Concrete jungle threatens mangroves on Pakistan island

A short boat ride from the shores of Karachi, mangrove trees sprout along the quiet inlets of an uninhabited island...