News Archives for Latest - 2020-11-25

Exchange

PM Imran urges people to act responsibly amid second COVID-19 wave

Pakistan will avoid closing down factories so the economy continues to recover, says Imran Khan.

Updated 26 Nov, 2020 01:36pm

Pakistan

DEO Quetta announces extended winter vacations starting from tomorrow

As per the letter issued on Wednesday by the District Education Officer (DEO) Farzana Ahmadzai, November 26, 2020, will be the last day of the academic year in Quetta after which the winter break will commence.

Updated 26 Nov, 2020 01:36pm

Pakistan

Pakistan strongly condemns blasts in Afghanistan’s Bamiyan City

“We convey our deepest condolences to the bereaved families and pray for speedy recovery of those injured in these gruesome attacks,” says FO.

Updated 26 Nov, 2020 01:35pm

Pakistan

Opposition boycotts parliamentary committee on coronavirus

"Today's meeting was attended by PTI lawmakers and coalition partners. The intention behind this meeting was to reach a consensus on strategy to curb the spread of COVID-19 in the country."

Updated 26 Nov, 2020 01:35pm

World

UAE halts new visas to citizens of Pakistan, 13 mostly Muslim states: document

The document, sent to companies operating in the park and seen by Reuters, cited an immigration circular that came into effect on Nov. 18.

Updated 25 Nov, 2020 10:59pm

World

Football legend Diego Maradona dies aged 60

Footballing legend Diego Maradona, often considered to be one of the greatest players of all time, has died at the age of 60.

Updated 25 Nov, 2020 10:30pm

Sports

Football legend Maradona dead at 60: spokesman

President Alberto Fernandez immediately announced three days of national mourning in the South American country.

Published 25 Nov, 2020 10:14pm

Pakistan

Father of three martyred in Indian firing along LoC

He was moving on motorbike near his house in Garhi village, when came in range of Indian indiscriminate fire.

Updated 25 Nov, 2020 09:38pm

Pakistan

Gilgit-Baltistan's new Legislative Assembly takes oath

On Wednesday, the newly elected members of the Gilgit-Baltistan Legislative Assembly took oath.

Published 25 Nov, 2020 08:56pm

Stocks

Wall St opens flat as labor market recovery slows

The S&P 500 opened flat at 3,635.50, while the Nasdaq Composite gained 17.11 points, or 0.14pc, to 12,053.89 at the opening bell.

Published 25 Nov, 2020 08:32pm

Stocks

TSX opens lower on profit booking ahead of Thanksgiving

At 9:31 a.m. ET (14:31 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 18.13 points, or 0.1pc, at 17,256.12.

Published 25 Nov, 2020 08:29pm

Industry

Tesla plans to produce electric car chargers in China, document shows

The factory, which Tesla expects to complete in February, will have capacity to make 10,000 chargers a year, according to the document submitted by Tesla.

Published 25 Nov, 2020 08:19pm

Europe

EU chief says no-deal still possible despite progress in UK trade talks

An EU official involved in the negotiations said a deal was possible, but not likely before the weekend at the earliest.

Published 25 Nov, 2020 08:17pm

Pakistan

Police arrest son of former PM Yousaf Raza Gillani in Multan

cases has been registered against 70 Pakistan People’s Party (PPP) workers including Ali Musa Gillani after they took out a rally in the city, despite ban on public gatherings.

Published 25 Nov, 2020 08:04pm

Stocks

Nigerian stocks rise to one-week high on hopes recession will be short-lived

The all share index rose 1.25pc to 34,769 points, a level last seen on Nov. 19, lifted by the banks and consumer goods stocks.

Updated 25 Nov, 2020 08:17pm

Currency

Bank Alfalah introduces PM’s Roshan Digital Account to Dubai Expats

Eligible non-resident Pakistanis can open their Roshan Digital Accounts in multiple currency offerings with any of the SBP’s partner banks. This fully digitized, fully repatriable account is the first of its kind in Pakistan’s banking history and has been created to meet the needs of the Pakistani diaspora.

Published 25 Nov, 2020 08:02pm

World

Foreign aid to Afghanistan could reach $12 billion over four years, some with conditions

Ville Skinnari, Finland’s minister for development cooperation and foreign trade whose government co-organised the conference, said donors had pledged $3 billion for next year, with annual commitments expected to continue at roughly the same level through to 2024, adding: “This would amount to $12 billion.”

Published 25 Nov, 2020 07:43pm

Pakistan

Sindh reports over 1300 cases in past 24 hours

Alarmingly, out of the total, 933 cases are from Karachi.

Updated 25 Nov, 2020 07:30pm

USA

U.S. weekly jobless claims increase again

The weekly claims report, the most timely data on the economy's health, was published a day early because of Thursday's Thanksgiving Day holiday.

Published 25 Nov, 2020 07:23pm

South Asia

Chinese foreign minister arrives in South Korea amid talk about Xi visit

Wang, who is also a state councillor, arrived in Seoul after spending two days in Tokyo and will meet his counterpart Kang Kyung-wha on Thursday, said South Korea's foreign ministry.

Published 25 Nov, 2020 07:17pm

Commodities

NY cocoa retreats from 9-month peak, coffee climbs

March New York cocoa fell $67, or 2.4pc, to $2,718 a tonne by 1342 GMT after rising on Tuesday to a nine-month high of $2,821.

Published 25 Nov, 2020 07:14pm

Commodities

Jordan makes no purchase in tender for 120,000 tonnes wheat

A new wheat tender is expected to be issued closing on Dec. 9 with shipment in 2021 in the full month of April or first half of May.

Published 25 Nov, 2020 07:11pm

World

China's Xi congratulates Biden on U.S. election victory

Also on Wednesday, Chinese Vice President Wang Qishan congratulated Biden's running mate, Kamala Harris, on being elected the next U.S. vice president, Xinhua said.

Published 25 Nov, 2020 07:05pm

USA

Pompeo criticises incoming Biden Administration for "leading from behind"

On Tuesday, United States Secretary of State Mike Pompeo criticised members of President-elect Joe Biden's incoming administration, stating that they have lived in a "fantasy world" and "led from behind".

Published 25 Nov, 2020 06:51pm

Europe

UK pauses public sector pay hikes, except for health workers

Sunak said he had to address the "disparity" between public and private sector wages in a move opposition parties said.

Published 25 Nov, 2020 06:59pm

Pakistan

PR to purchase 1050 coaches, goods trains

Above 230 modern coaches would be purchased in two phases, with 46 coaches imported from other countries, while rest of 184 manufactured at Carriage Factory Islamabad.

Published 25 Nov, 2020 06:38pm

Pakistan

Pharmaceutical exports increase 22.29pc in 4 months

In term of quantity, the export of pharmaceutical products also increased by 22.87 percent by going up from 4,722 metric ton to 5,802 metric ton, according to the data.

Published 25 Nov, 2020 06:36pm

Pakistan

Boycott of Parliamentary panel meeting on COVID proves national interest not opposition's priority: Shibli

The minister said that there were some national issues which should be above politics and be tackled with consensus strategy.

Published 25 Nov, 2020 06:33pm

Pakistan

Export of sports goods falls 14.29pc in 4 months

On month-on-month basis, the exports of sports products decreased by 4.54 percent in October 2020 when compared to the exports of US $ 21.356 million in September 2020.

Published 25 Nov, 2020 06:27pm

Exchange

Rupee recovers 81 paisas against US dollar

Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs. 160.7 and Rs. 161.6 respectively.

Published 25 Nov, 2020 06:23pm

Pakistan

17 shops sealed over SOPs violation

According to a spokesperson for the district administration, the team inspected around 260 points, found 17 violations and Rs 30,000 fine was also imposed on violators.

Published 25 Nov, 2020 06:16pm

Pakistan

Govt strives to foster healthy lifestyle among masses: Zulfi Bukhari

He said sports would be promoted in Rawalpindi division under the Global Active Cities project and people would be encouraged towards healthy living.

Published 25 Nov, 2020 06:09pm

Pakistan

Massive circular debt, due to expensive power agreements by past governments: Shibli

The present government was accountable and answerable to the people, he said and added there was a big demand gap of electricity during the winter and summer seasons.

Published 25 Nov, 2020 06:07pm

Pakistan

PTI Gov performed well during COVID-19 Pandemic

Deputy Speaker said that major part of the western route of CPEC crosses through Balochistan which the previous governments neglected.

Published 25 Nov, 2020 06:04pm

Pakistan

NAB Recovers record Rs363bn in last two years, says Chairman

NAB has concentrated on pursuing corruption, misappropriation in government funds, abuse of authority, money laundering and cheating the people at large cases.

Published 25 Nov, 2020 06:02pm

Pakistan

Gwadar Port handles fish cargo as trial run: Dawood

"This will hopefully be the encouraging beginning of our trans-shipment policy and will increase Gwadar Port operations. I wish to appreciate Pakistan Customs in making the first trial run successful,” he added.

Published 25 Nov, 2020 05:46pm

Commodities

NY cocoa may drop into $2,686-$2,712 range

The bearish divergence on the hourly RSI suggests a slim chance of cocoa to retest this resistance by end of this week.

Published 25 Nov, 2020 05:41pm

Forex

Rouble hovers near 10-week high, stocks climb on vaccine cheer

At 0806 GMT, the rouble flat against the dollar at 75.46, not far from 75.3475, its strongest mark since Sept. 18 hit on Tuesday.

Published 25 Nov, 2020 05:37pm

Commodities

Taiwan buys 82,220 tonnes wheat of U.S.-origin in tender

The wheat was bought in two consignments comprising various wheat types for shipment from the U.S. Pacific Northwest coast in January and February 2021.

Published 25 Nov, 2020 05:35pm

Stocks

Hong Kong shares track global rally on improved economic outlook

The sub-index of the Hang Seng tracking energy shares rose 2.8pc, while the IT sector dipped 2.29pc, the financial sector ended 1.81pc higher and the property sector rose 0.71pc.

Published 25 Nov, 2020 05:32pm

South Asia

American Contractor in Afghanistan Sentenced to Prison for Theft of Military Equipment

On Wednesday, an American military contractor was sentenced to more than three years in prison for his role in an illegal theft ring on a military instalment in Kandahar, Afghanistan.

Updated 25 Nov, 2020 05:34pm

Forex

Kenya's shilling inches down as demand for dollars increases

At 0856 GMT, commercial banks quoted the shilling at 110.80/111.00 per dollar, compared with Tuesday's close of 110.70/90.

Published 25 Nov, 2020 05:31pm

Commodities

Japan to import 220 tonnes feed barley via tender

The ministry had sought 80,000 tonnes of feed wheat and 100,000 tonnes of feed barley to be loaded by January 31, 2021 and arrive in Japan by February 25.

Published 25 Nov, 2020 05:29pm

Forex

Improved risk appetite keeps dollar depressed

Bitcoin, a cryptocurrency known for extreme volatility, also traded near an all-time high, in a further sign that investors are growing more comfortable taking on riskier positions.

Published 25 Nov, 2020 05:27pm

Europe

Poland's unemployment rate flat at 6.1pc in October

The statistics office also said that the number of registered unemployed was 1.018 million last month.

Published 25 Nov, 2020 05:24pm

South Asia

China's Xi wants to build good relations with Suga

Foreign Minister Wang Yi said he had relayed Xi's message to Suga in Beijing's first high-level contact with Japan's new leader.

Published 25 Nov, 2020 05:21pm

Stocks

Stocks hit record high as Biden transition, vaccines brighten outlook

The renewed demand for shares pushed MSCI's broadest gauge of world stocks to a record high of 622.12. It was last up 0.1%

Published 25 Nov, 2020 05:19pm

South Asia

Japan plans to limit event attendance through year-end amid COVID-19 surge

Japanese Economy Minister Yasutoshi Nishimura said on Wednesday the government wants to limit attendance at sports and other large events through end of the year to contain the spread of COVID-19.

Published 25 Nov, 2020 05:17pm

Europe

Germany plans Christmas curbs as COVID-19 deaths hit record

However, the death toll jumped 410 to 14,771, up from 305 a week ago, and just 49 on Nov. 2, the day Germany introduced a partial lockdown.

Published 25 Nov, 2020 05:14pm

Stocks

Melrose lifts FTSE 100 ahead of Sunak's spending plan announcement

A slightly weaker pound also boosted shares of big dollar-earning consumer staple companies such as British American Tobacco Plc, Diageo Plc and Unilever Plc.

Published 25 Nov, 2020 05:13pm

Asia

Indonesia reports record daily rise in coronavirus infections

Southeast Asia's biggest country has the region's highest number of coronavirus cases and deaths.

Published 25 Nov, 2020 05:11pm

Forex

Sterling weaker as traders await Brexit results, Sunak's Spending Review

Most in the market expect a post-Brexit trade deal to be agreed, even if it is a bare bones one, with some talks continuing into the next year.

Published 25 Nov, 2020 05:01pm

Pakistan

58 COVID-19 patients on ventilators in Karachi: Sindh health department

The port city’s hospitals have overall 1534 beds in intense care units (ICU), according to the health department.

Published 25 Nov, 2020 05:08pm

Europe

Erdogan to Putin: Nagorno-Karabakh ceasefire efforts could include others

The ceasefire signed on Nov. 10 halted military action in and around Nagorno-Karabakh, internationally recognised as part of Azerbaijan but populated by ethnic Armenians, after the worst fighting in the region since the 1990s.

Published 25 Nov, 2020 04:58pm

Europe

Bulgaria imposes lockdown as COVID-19 cases surge

The restrictions, which will start late on Friday, are aimed at preventing a strained health system from being overwhelmed and at halting the spread of infections in the Balkan country of 7 million people.

Published 25 Nov, 2020 04:53pm

Stocks

Australian share of China's coal imports falls to 26pc in October

The drop follows China's unofficial ban on Australian imports ranging from coal to copper ores and barley, amid souring relations between Beijing and Canberra.

Published 25 Nov, 2020 04:51pm

Stocks

European shares hover near 9-month highs on easing virus curbs, vaccine cheer

The pan-European STOXX 600 index inched lower by 0.1pc at 0925 GMT as gains in the utility and telecom sector were outweighed by losses in automobile stocks.

Published 25 Nov, 2020 04:51pm

Money & Banking

Russian central bank governor: we still have room for rate cut

A Reuters poll of analysts conducted in late October predicted the central bank would keep its key rate at 4.25pc next month.

Published 25 Nov, 2020 04:47pm

Europe

Erdogan says government will implement reform with nationalist allies

He also praised the AKP's parliamentary alliance with the nationalist MHP, a day after MHP leader Devlet Bahceli dismissed media speculation about rifts with the AKP over the recent government talk of reforms.

Published 25 Nov, 2020 04:44pm

World

India import hurdles hit Apple iPhone, Xiaomi devices from China, say sources

Applications to the quality control agency, the Bureau of Indian Standards (BIS), typically used to be processed within 15 days, but some are now taking up to two months or longer.

Updated 25 Nov, 2020 04:45pm

Europe

Poland reports new daily record of 674 coronavirus-related deaths

While daily infections have dropped from record highs of over 27,000 in early November, deaths have been spiking in recent days.

Published 25 Nov, 2020 04:42pm

Forex

Ugandan shilling unchanged, draws support from offshore flows

At 1004GMT commercial banks quoted the shilling at 3,700/3,710, same level as Tuesday's close.

Published 25 Nov, 2020 04:41pm

Money & Banking

BankIslami chief calls for Collective Efforts to Mitigate Covid-19’s Impact

He went on to say that the asset base of the Islamic banking industry during the July 2019 to June 2020 period grew by 21 percent.

Published 25 Nov, 2020 04:38pm

World

Worldwide coronavirus cases cross 59.8 million, death toll at 1,409,664

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

Published 25 Nov, 2020 04:40pm

Europe

Free COVID tests for Czechs to start Dec 18, minister says

The country of 10.7 million has shown one of Europe's fastest per-capita rises in coronavirus infection since September although the incidence has slowed in the last few weeks.

Published 25 Nov, 2020 04:37pm

Exchange

ECB's de Guindos says Yellen's appointment good for global economy

The ECB has criticised Donald Trump's outgoing administration for its protectionist stance and was attacked by the U.S. president over the euro-dollar exchange rate.

Published 25 Nov, 2020 04:35pm

Energy

Oil shrugs off U.S. inventory gain amid sustained vaccine rally

Brent crude was up 53 cents, or 1.1pc, at $48.39 a barrel by 0956 GMT, having risen almost 4pc in the previous session.

Published 25 Nov, 2020 04:33pm

Stocks

Indian shares slide as investors lock in gains after record high

Eleven of the 12 sectoral indexes ended lower, with the pharmaceutical and real estate indexes falling more than 2pc each. IT stocks fell 1.62pc.

Published 25 Nov, 2020 04:31pm

Commodities

South Korean mills buy about 80,000 tonnes wheat from U.S.

The Taiwan Flour Millers' Association also purchased an estimated 82,220 tonnes of milling wheat to be sourced from the United States in a tender which closed on Wednesday, European traders said.

Published 25 Nov, 2020 04:28pm

Commodities

Palm gains as stronger crude, rival oils off weigh demand slump

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange closed up 1.11pc at 3,285 ringgit ($804.16) a tonne.

Published 25 Nov, 2020 04:26pm

Commodities

Thailand buyer purchases 60,000 T feed wheat, 79,000 T barley

The barley purchase involved one consignment for February 2021, shipment bought from Cofco and one for March 2021, shipment from ADM, traders said.

Published 25 Nov, 2020 04:24pm

USA

Biden to discuss coronavirus response as Thanksgiving holiday nears

He said the team, which includes trusted aide Antony Blinken as his nominee for U.S. secretary of state, would shed "old thinking and unchanged habits" in its approach to foreign relations.

Published 25 Nov, 2020 04:21pm

Energy

UK GAS-Prompt prices rise as temperatures and wind power output fall

Traders said wind power output was expected to plummet from Thursday, while colder temperatures were also forecast for the rest of the week.

Published 25 Nov, 2020 04:20pm

Middle East

Iran records highest daily coronavirus infections of 13,843, TV reports

Iran's health officials have voiced alarm over a surge in infections, urging the nation to adhere to the health protocols, including wearing face masks and social distancing.

Published 25 Nov, 2020 04:17pm

Money & Banking

Saudi central bank governor says measures to stem COVID-19 impact could be extended

Speaking to state-owned Al Arabiya, Ahmed al-Kholifey also said there was no plan to introduce new liquidity measures.

Published 25 Nov, 2020 04:13pm

World

Car crashes into gate of Merkel's office

There were no immediate reports of casualties and it was not clear if Merkel was inside the building. Dozens of police and a fire engine attended the incident. The driver, who appeared to be in late middle age, was taken away in a wheelchair.

Published 25 Nov, 2020 03:51pm

World

EU drafts deal to upgrade 2030 climate change target next month

The current 2030 target for EU members, who together make up the European Council, is a 40% cut in emissions from 1990 levels, already higher than the amount pledged by other big emitters such as China and the United States.

Published 25 Nov, 2020 03:47pm

Pakistan

Six Army Major Generals including Asif Ghafoor promoted to rank of Lieutenant General

Major General Babar Iftikhar announced the promotion of the major generals.

Updated 25 Nov, 2020 03:40pm

Companies

Emirates hopes for A380s Return As Air Travel Recovers with Vaccine News

Emirates hopes that its full fleet of jumbo Airbus SE A380 jets will return to the skies by early 2022 as coronavirus vaccine becomes more accessible across the globe.

Published 25 Nov, 2020 03:25pm

Technology

India bans dozens of Chinese apps including AliExpress, terming them security threat

India has once again targeted China with web restrictions and has banned 43 applications, including Alibaba Group's application AliExpress, which is being termed as a reaction to the ongoing tension on the Himalayan border.

Published 25 Nov, 2020 02:36pm

Technology

YouTube testing AI-generated Video Chapters to Improve Video Navigation

YouTube plans to introduce AI-generated video chapters that can helps its users navigate a video quickly.

Published 25 Nov, 2020 01:59pm

Business & Finance

CPEC a 'win-win' for both Pakistan, China: Faraz

Faraz said that the promotion of CPEC is in the best interest of Pakistan as it is a Win-Win situation for both countries.

Updated 25 Nov, 2020 02:14pm

Pakistan

PM Imran meets CM Buzdar during Lahore visit

The chief minister also apprised the premier regarding the political and administrative matters of the province in the meeting.

Published 25 Nov, 2020 02:03pm

Companies

Chughtai Lab and Pfizer Partner to establish Vaccination Centers across Pakistan

Chughtai Lab signed an MOU with Pfizer to establish vaccination centers across the country.

Published 25 Nov, 2020 01:55pm

Middle East

Handmade wooden waterpipes keep bubbling in Karbala

Orders for Karbala's wooden pipes for shishas come from as far away as Germany, helping the carpenters survive the economic crisis caused by Covid-19 when smoking cafes were closed.

Updated 25 Nov, 2020 01:33pm

Pakistan

FM Qureshi to attend 47th session of OIC in Niger

He will highlight aggravating human rights and humanitarian situation in Indian Illegally Occupied Jammu & Kashmir.

Published 25 Nov, 2020 01:26pm

Business & Finance

Pakistan economy gathering steam, but vulnerability persists, says SAPM

He said that it remains to be decided whether the IMF review mission would visit Pakistan or conduct a virtual review.

Published 25 Nov, 2020 01:12pm

Pakistan

Punjab reports 648 new coronavirus cases

The current testing capacity in the province stands at 17,320.

Published 25 Nov, 2020 12:37pm

Opinion

No, Pakistan Has Not Abandoned Kashmir

A day before commemorating India's illegal annexation of the even-otherwise occupied Kashmir, Pakistan’s Prime...

Published 25 Nov, 2020 12:01pm

Money & Banking

Pakistan sees 'light at the end of the tunnel’ as domestic activity indicators pickup: Baqir

The Governor said that the committee kept unchanged its projection for growth this fiscal year at about 2 percent.

Published 25 Nov, 2020 11:26am

Pakistan

SAPM Sania Nishtar among BBC’s 100 most influential women

She is among women who are leading change and making a difference during these turbulent times.

Published 25 Nov, 2020 10:57am

Industry

PM vows to provide full support to textile industry amid historic demand

“The textile sector is one of a number of positive developments in our economy despite COVID 19,” he said.

Published 25 Nov, 2020 10:23am

Business & Finance

Oil prices rally further on vaccine optimism despite inventory rise

Brent crude was up 54 cents, or 1.1%, at $48.40 a barrel by 0247 GMT, having risen almost 4% in the previous session. West Texas Intermediate crude gained 47 cents, or 1.1%, to $45.38 a barrel, after rising more than 4% on Tuesday.

Published 25 Nov, 2020 10:10am

Pakistan

Karachi turns chilly after first winter rain

PMD said rain is expected to continue intermittently today.

Updated 25 Nov, 2020 10:11am

Business & Finance

Luxury fans in China chase neat shot of investment with vintage Moutai liquor

Amid China’s recovery from the coronavirus pandemic, Moutai buyers like Beijing tech worker Yang Nan have seen re-sale prices for vintage and limited editions of the ‘baijiu’ spirit made by Kweichow Moutai rocket as demand booms. And they want in on the action, before it’s too late.

Published 25 Nov, 2020 10:08am

Business & Finance

Flirting with record highs: European stocks back to normal in 2021

A Reuters poll of 26 fund managers, strategists and brokers surveyed over the past two weeks expects the STOXX 600 to climb to 430 points by the end of 2021, just a whisker below February’s record highs, as economic activity returns to normal following the COVID-19 downturn.

Published 25 Nov, 2020 10:06am

Business & Finance

After borrowing surge, UK's Sunak to announce more spending

Sunak will announce extra investment to ease a backlog in the health system, counter a surge in unemployment and build new infrastructure in a one-year Spending Review that he is due to deliver to parliament at around 1230 GMT.

Published 25 Nov, 2020 10:04am

Currency

Dollar under pressure as risk appetite stages a comeback

The U.S. currency teetered near a two-month low against the Australian dollar and a two-year low against the New Zealand dollar, both considered barometers of risk sentiment due to their close ties with the global commodities trade.

Published 25 Nov, 2020 10:01am

Uttar Pradesh criminalises 'forced' religious conversions by marriage

he move follows a campaign by hardline Hindu groups against some interfaith marriages that they describe as “love jihad.

Published 25 Nov, 2020 09:28am

Pakistan

Pakistan gives UN a dossier on India after India submits one on Pakistan

The tit-for-tat moves come ahead of India joining the 15-member council for a two-year term starting Jan. 1, 2021.

Published 25 Nov, 2020 09:25am

World

Saudi cabinet says Houthi attacks target backbone of global economy, security of its supplies: SPA

The cabinet also stressed the importance of facing up to “such sabotage and terrorist acts and the parties behind them.”

Published 25 Nov, 2020 09:20am

World

Plasma from recovered patients shows little benefit in those hospitalized with COVID-19: study

The therapy know as convalescent plasma, which delivers antibodies from COVID-19 survivors to infected people, did not significantly improve patients’ health status.

Published 25 Nov, 2020 09:16am

World

Twitter plans to relaunch verification program next year

The company said it may cut the blue badge from accounts that severely or repeatedly violate rules.

Published 25 Nov, 2020 09:09am

BR Research

Ghani Glass Limited

Ghani Glass Limited (PSX: GHGL) is part of the larger Ghani group of companies that operates in various sectors...

Published 25 Nov, 2020 07:45am

BR Research

SEZs for food processing?

The idea that Special Economic Zones in Pakistan should also focus on food processing is not new. Federal and...

Published 25 Nov, 2020 07:40am

BR Research

Online groceries - a snapshot

Global crises have often proven to be tipping points for consumer behavior – and for businesses that drive demand...

Published 25 Nov, 2020 07:35am

BR Research

PBC’s Charter of Economy

Charter of Economy is back in the news. This time courtesy the launch of Charter of Economy report by Pakistan...

Published 25 Nov, 2020 07:30am

BR Research

LNG: There is life beyond ‘spot vs ‘long-term’

A former finance minister was seen lamenting the government of being complicit on LNG imports, going on to say...

Published 25 Nov, 2020 07:25am

World

Aramco says Huthi strike tore large hole in oil tank

JEDDAH: Saudi Aramco said Tuesday that a strike by Yemen's Huthi rebels on its plant in Jeddah tore a hole in an oil...

Updated 25 Nov, 2020 03:34am

Business & Finance

China economic activity can return to reasonable range in 2021: Premier Li

BEIJING: China's premier Li Keqiang said on Tuesday he expects economic activity in the country can return to a...

Updated 25 Nov, 2020 03:33am

Life & Style

Aaj TV - Wednesday's 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 25 Nov, 2020 03:32am

SSGCL threatens to cut off gas supply to PSM

ISLAMABAD: Sui Southern Gas Company Limited (SSGCL) has threatened to disconnect gas supply to Pakistan Steel Mills...