News Archives for Latest - 2020-11-27

Commodities

CBOT wheat lifts on strong export demand

CBOT March soft red winter wheat settled up 9-1/2 cents at $6.06 per bushel.
For the week, CBOT's most-active wheat added 6 cents for a second consecutive week of gains.

Published 27 Nov, 2020 11:57pm

World

WHO says would be "highly speculative" to say COVID did not emerge in China

The World Health Organization’s top emergency expert said on Friday it would be “highly speculative” for the WHO to say the coronavirus did not emerge in China.

Published 27 Nov, 2020 10:28pm

Pakistan

Ban or no ban: confusion persists over UAE work visa ban for Pakistanis

Earlier this week, UAE announced that it is imposing ban on visas to citizens of 13 mostly Muslim-majority countries including Iran, Turkey, Pakistan, Syria and Somalia.

Published 27 Nov, 2020 10:10pm

Pakistan

SHC rejects petition seeking to postpone MDCAT exam

Dismissing the petition, SHC directed the PMC to ensure all standard operating protocols (SOP) for COVID-19 prescribed by the authorities and federal government.

Updated 27 Nov, 2020 09:54pm

Pakistan

Vaccinating children against polio must for their health: CM

He was addressing a ceremony, held at the CM house here on Friday in connection with the upcoming 5-day anti-polio drive starting from Nov 30 in the province.

Published 27 Nov, 2020 08:37pm

Exchange

PM seeks proposals from industrialists to launch corporate farming at larger scale

The national development and prosperity was linked with the development of business community, he said while talking to a delegation of leading industrialists and businessmen here.

Published 27 Nov, 2020 08:36pm

Pakistan

Opposition trying to create impression of political victimization: Dr Firdous

She said that the alliance of opposition parties was only to safeguard their personal interests and looted money and they had nothing to do with people’s problem.

Published 27 Nov, 2020 08:34pm

Stocks

US stocks open higher, extending November rally

The broad-based S&P 500 gained 0.3 percent to 3,640.69, while the tech-rich Nasdaq Composite Index jumped 0.7 percent to 12,174.06.

Published 27 Nov, 2020 08:32pm

Pakistan

PM visits payment site of Ehsaas Kifalat Programme, interacts with beneficiaries

Dr. Sania Nishtar told the prime minister said a grievance system had been integrated with the banks to promptly address any complaint.

Published 27 Nov, 2020 08:31pm

Exchange

FM Qureshi, Saudi counterpart discuss bilateral relations, regional issues in Niamey

The two foreign ministers discussed the OIC’s importance as the vital platform for Muslim Ummah and its role in the advancement of the Kashmir cause.

Published 27 Nov, 2020 08:29pm

Pakistan

425 new corona cases reported in capital: NCOC

He advised the citizens to continue following the social distancing, use of mask and other precautionary measures to stop increasing local transmission of COVID-19 in the city.

Updated 27 Nov, 2020 08:29pm

World

Macron 'very shocked' by images of police beating black music producer

Macron Thursday held talks with Interior Minister Gerald Darmanin to call for tough punishments for those involved in the beating of Michel Zecler last weekend.

Published 27 Nov, 2020 08:08pm

Pakistan

Begum Shamim Akhtar’s funeral prayers offered in London

The prayers were offered in London Central Mosque where the number of participants had to be limited to 30 due to coronavirus restrictions.

Published 27 Nov, 2020 07:57pm

PM Abiy meets AU envoys for talks on Ethiopia conflict

Abiy ordered the military into Tigray after alleged attacks by TPLF forces on federal army camps in the region.

Published 27 Nov, 2020 08:06pm

World

Post-Brexit trade deal with the EU 'still possible': UK

"Some people are asking me why we are still talking," he said after his EU counterpart Michel Barnier said he was returning to London for face-to-face talks.

Published 27 Nov, 2020 08:04pm

UK to impose tougher rules on Google, Facebook

Next month the EU is to present its own major legislation called the Digital Services Act, which will set out rules for strict oversight over big tech.

Published 27 Nov, 2020 08:02pm

Business & Finance

Finland's economy makes surprise Q3 recovery

Businesses and schools have remained open and there are few restrictions on movement within the country's borders.

Published 27 Nov, 2020 08:00pm

Business & Finance

India GDP slumps 7.5%, worst among major economies

New Delhi has struggled to kick-start an economy that is expected to shrink 9.5 percent this year, according to estimates released by India's central bank governor Shaktikanta Das last month.

Published 27 Nov, 2020 07:59pm

USA

Brazil's jobless rate hits record 14.6%: government

The latest rate was the highest since that system was introduced in 2012.

Published 27 Nov, 2020 07:57pm

World

Hunger crisis accelerating in southern Madagascar: WFP

The World Food Programme (WFP) said three consecutive years of drought had pushed half of the region's population, or 1.5 million people, into "crisis" or "emergency" hunger conditions.

Published 27 Nov, 2020 07:55pm

World

UN flies aid into Sudan for Ethiopian refugees

Humanitarian access to the camps has been lost since the start of the unrest and it is thought that the supplies that were delivered beforehand will likely run out after this weekend.

Published 27 Nov, 2020 07:53pm

Finland slams Merkel's call to shut EU ski centres

Meanwhile in Sweden, state epidemiologist Anders Tegnell also said he did not believe the country's authorities would ban travel to ski resorts.

Published 27 Nov, 2020 07:52pm

World

Navalny urges EU to target Putin's oligarch backers

Western government have concluded that Navalny was poisoned by Novichok, a military-grade poison that would be hard for non-state assassins to procure.

Published 27 Nov, 2020 07:50pm

Business & Finance

India enters recession, worst among major economies

The government has since been easing restrictions to revive activity, announcing two stimulus packages to offer farmers easier access to credit and dole out benefits to small businesses.

Published 27 Nov, 2020 07:48pm

Saudi-led coalition bombs Yemen rebel sites after Aramco attack

A Huthi official denounced Friday's raids.

Published 27 Nov, 2020 07:46pm

World

Indian police clash with farmers for second day

"I welcome the (central government's) decision to allow farmers to enter Delhi to exercise their democratic right to protest," Punjab's Chief Minister Amarinder Singh said on Friday.

Published 27 Nov, 2020 07:43pm

Coronavirus toll after 1100 GMT Friday

At least 60,970,250 cases of coronavirus have been registered. Of these, at least 38,833,400 are now considered recovered.

Published 27 Nov, 2020 07:42pm

Industry

Tesla recalls 870 cars in China over defective roofs

The announcement comes just a month after another recall of almost 30,000 cars imported into China -- the world's biggest auto market -- due to suspension defects.

Published 27 Nov, 2020 07:40pm

World

Brazil's Bolsonaro says won't take virus vaccine

But he added he was "sure" that Brazil's parliament would not make immunisation mandatory.

Published 27 Nov, 2020 07:38pm

Barnier says to return to London for Brexit talks

The UK leaves Europe's trade and customs area in five weeks, but talks on a follow-on agreement are still stalled over fishing rights and fair trade rules.

Published 27 Nov, 2020 07:37pm

Currency

Big techs may disrupt European financial system, ECB warns

"While they could offer convenient and efficient payment solutions," Panetta said, "they also risk endangering competition, privacy, financial stability and even monetary sovereignty."

Published 27 Nov, 2020 07:35pm

Middle East

One dead as rival protesters clash in south Iraq: medics

Followers of Iraqi cleric Moqtada Sadr turned out in Baghdad and Nasiriyah on Friday, rivalling the waning youth-dominated movement that erupted in October 2019.

Published 27 Nov, 2020 07:34pm

Pakistan

Bullion prices on Friday

Following were the bullion prices in Karachi on Friday.

Published 27 Nov, 2020 07:17pm

World

Top Iranian nuclear scientist 'Mohsen Fakhrizadeh' assassinated

The scientist – a high-profile figure in the country’s nuclear energy program – was killed on Friday in the Absard region of Davamand.

Updated 27 Nov, 2020 07:26pm

Pakistan

KP govt takes up low gas pressure with federal authorities: CM

The cabinet also approved the reconstitution of the delimitation authority of the local government department as coordination unit.

Updated 27 Nov, 2020 07:17pm

South Asia

Japan PM likely to push back parliament election

There had been speculation inside the ruling parties that Suga would dissolve the House of Representatives in January.

Published 27 Nov, 2020 06:45pm

Europe

Brazil's unemployment rate rises to record high 14.6pc in quarter through September

That was up from 14.4pc in the three months to August, although it was lower than the 14.9pc economists had expected. The unemployment rate at the end of last year was 11.0pc.

Published 27 Nov, 2020 06:41pm

Commodities

SOFTS-Arabica coffee futures surge; raw sugar also climbs

Dealers said dry weather in southern Brazil remained a key supportive factor, with some crop damage now considered inevitable and plentiful December rain needed to limit losses.

Published 27 Nov, 2020 06:36pm

Commodities

Copper hits multi-year peak as companies and speculators buy

Three-month copper on the London Metal Exchange (LME)gained 1pc to $7,476.50 a tonne in official trading after hitting its highest since May 2013 at $7,511.

Published 27 Nov, 2020 06:33pm

Pakistan

131 more confirmed COVID-19 cases reported in last 24 hours

He said that number of coronavirus patients in the district hospital’s are continuously increasing while the district government, health department and others have made arrangements to control the situation.

Published 27 Nov, 2020 06:30pm

Pakistan

Sindh reports over 1400 new COVID-19 cases, 12 deaths in past 24 hours

Giving the daily updates, Chief Minister Sindh Syed Murad Ali Shah said that 12 more people died from the coronavirus during the past 24 hours, taking the death toll from the disease to 2,897 in the province.

Published 27 Nov, 2020 06:29pm

Pakistan

Agri scientists urged to give new ideas to boost the sector

He said that experts should focus on keeping the increasing productivity, value addition, water scarcity, mechanization, post-harvest and other issues.

Published 27 Nov, 2020 06:27pm

Bullion Rate

Bullion rates in Hyderabad gold market

Following were the bullion rates in Hyderabad gold market on Friday.

Published 27 Nov, 2020 06:24pm

Pakistan

COAS Bajwa visits POF, views performance of production units

Army chief terms POF a force behind the Armed Forces serving as backbone in defence of Pakistan

Published 27 Nov, 2020 06:19pm

Pakistan

Gold price increases Rs300 to Rs110,800 per tola

The price of per tola and ten gram silver remained unchanged at Rs. 1180 and Rs. 1011.65 respectively.

Published 27 Nov, 2020 06:23pm

Pakistan

COVID-19 claims 12 more lives, infects 2,897 others: CM Sindh

Syed Murad Ali Shah said that 12,226 samples were tested which diagnosed 1423 cases that came to 11.6 percent current detection rate which was dangerous.

Published 27 Nov, 2020 06:21pm

Pakistan

Sindh govt issues fresh Covid-19 restrictions

According to the modified order here, the business timings shall be six days per week with one day off on Friday or Sunday as applicable to that area concerned.

Published 27 Nov, 2020 06:09pm

Pakistan

Plastic import increases 3.32pc in 4 months

Similarly, on a monthly basis, plastic imports during October 2020 however declined by 3.03 percent when compared to the imports of $188.400 million in September 2020.

Published 27 Nov, 2020 06:06pm

Pakistan

Shibli Faraz criticises opposition's irresponsible attitude during second wave of pandemic

He urged the opposition to stop playing with the lives of the masses for personal gains.

Published 27 Nov, 2020 06:04pm

Pakistan

Shipping Activity at Port Qasim

Cargo throughput during last 24 hours stood at 260,817 tonnes, comprising 197,001 tonnes imports cargo and 63,816 tonnes export cargo.

Published 27 Nov, 2020 06:01pm

World

Covert Israeli-Saudi meeting sends Biden a strong message on Iran

Last Sunday’s covert meeting in the Saudi city of Neom, confirmed by Israeli officials but publicly denied by Riyadh, conveyed a coordinated message to U.S. President-elect Joe Biden that Washington’s main allies in the region are closing ranks.

Published 27 Nov, 2020 05:58pm

Exchange

Rupee slides against dollar

Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs. 159.5 and Rs. 160.5 respectively.

Published 27 Nov, 2020 06:00pm

Currency

SBP approves Rs238.2bn for 2,958 businesses under Rozgar scheme

Meanwhile, the bank under this refinancing scheme for hospitals to combat Covid-19, approved financing of Rs7.77 billion for 39 hospitals so far.

Published 27 Nov, 2020 05:57pm

Exchange

ADB to provide $300mn for macroeconomic stability in Pakistan

“ADB’s program will support these efforts and help Pakistan to improve its export competitiveness—now more important than ever given the impacts of the pandemic.”

Published 27 Nov, 2020 05:55pm

Pakistan

PM 1000 Playground Project team inspect ongoing projects

It was also decided to check each of the under construction projects so that to ensure quality of work and should avoid use of standard materials.

Published 27 Nov, 2020 05:52pm

Exchange

Five ‘dacoits’ killed in Karachi shootout: Police

"Five suspects were killed during an exchange of fire. Weapons were also recovered from the suspects," the SHO said.

Published 27 Nov, 2020 05:51pm

Pakistan

Anti polio drive from Nov 30th

During the upcoming drive, over 92,507 children below the age of five will be immunized against the disease with different polio teams constituted to administer the crucial drops.

Published 27 Nov, 2020 05:50pm

Middle East

Nearly half of Israelis want Biden to relaunch negotiations with Palestinians, according to poll

According to a poll conducted by the Geneva Initiative, nearly half of Israelis prefer U.S. President-elect Joe Biden to relaunch negotiations with the Palestinians.

Updated 27 Nov, 2020 05:44pm

Europe

Russia reports daily record high of 27,543 new coronavirus cases

Authorities also reported 496 deaths related to COVID-19 in the last 24 hours, pushing the official death toll to 38,558.

Updated 27 Nov, 2020 05:34pm

Pakistan

Over 200 PIMS staffers test positive for COVID-19

Yesterday, the outpatient department at Islamabad’s PIMS was shut down due to rising coronavirus cases among the staff. The number then was at 181.

Published 27 Nov, 2020 05:14pm

Exchange

OIC session: Foreign ministers of Turkey, Saudi Arabia and Nigeria raise IIOJK dispute

Foreign Affairs Ministry states that Pakistan appreciates the envoys of Muslim states for highlighting Indian Illegally Occupied Jammu and Kashmir issue in their statements

Updated 27 Nov, 2020 05:10pm

Pakistan

PTI’s Khalid Khurshid to become Gilgit-Baltistan’s next chief minister

Chief Organizer of Pakistan Tehreek-e-Insaf Saifullah K Nyazee announced on Twitter.

Updated 27 Nov, 2020 04:50pm

Commodities

London copper hits near 7-1/2-yr high, set for weekly gain on recovery hopes

LME copper has leapt 71pc from the March low of $4,371 a tonne on hopes of global activities soon returning to normal following positive vaccine trial results.

Published 27 Nov, 2020 04:28pm

Energy

Oil drops as supply concerns, vaccine doubts sap rally

West Texas Intermediate was down by $1.02, or 2.2pc, at $44.69. U.S. crude prices did not settle on Thursday due to the holiday.

Published 27 Nov, 2020 04:25pm

Commodities

Gold on track for weekly fall as investors overlook vaccine doubts

Spot gold fell 0.1pc to $1,808.90 per ounce by 0751 GMT, down 3.3pc on the week. U.S. gold futures rose 0.1pc to $1,806.80.

Published 27 Nov, 2020 04:21pm

Forex

Russian rouble slips on declining oil price as vaccine rally wanes

At 0739 GMT, the rouble was down 0.2pc against the dollar at 75.89, edging away from its highest mark in nearly 10 weeks of 75.3025, reached on Thursday.

Published 27 Nov, 2020 04:18pm

Europe

EU's Barnier cannot say yet if new UK trade deal possible

Barnier was expected to go to London for more trade negotiators with his British counterpart, David Frost, as soon as later on Friday or over the weekend.

Published 27 Nov, 2020 04:14pm

Pakistan

Shehbaz, Hamza released on five day parole

Punjab CM had approved release of PML-N president and his son so they could attend funeral of Begum Shamim Akhtar

Updated 27 Nov, 2020 04:17pm

Stocks

European stocks set for fourth weekly gain but vaccine worries weigh

The pan-European STOXX 600 dipped 0.1pc, with travel and energy sectors among the biggest decliners in early trading.

Published 27 Nov, 2020 04:12pm

Stocks

Hong Kong stocks close at 9-month high on upbeat China data

The Hang Seng index rose 0.3pc to 26,894.68, its highest closing level since Feb. 21, while the China Enterprises Index gained 0.8pc to 10,790.30 points.

Published 27 Nov, 2020 04:10pm

Asia

Indonesia reports record high coronavirus infections and deaths

The latest figures brought total case numbers to 522,581 and coronavirus-related deaths to 16,521, both the highest in Southeast Asia.

Published 27 Nov, 2020 04:09pm

Financial

Euro zone yields stay low on ECB stimulus expectations

The ECB committed in October to further easing in December, which has underpinned euro zone government bonds in recent weeks.

Published 27 Nov, 2020 04:07pm

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 27 Nov, 2020 04:04pm

Energy

OPEC+ to hold informal online talks on Saturday

The group was due to raise output by 2 million barrels per day in January - about 2pc of global consumption - as part of a steady easing of record supply cuts implemented this year.

Published 27 Nov, 2020 04:02pm

Commodities

French wheat crops off to good start as sowing ends

Farmers had finished winter barley sowing, soft wheat seeding was 99pc complete and drilling of durum wheat was 85pc done, FranceAgriMer said.

Published 27 Nov, 2020 04:00pm

Forex

Dollar edges down, set for weekly loss; Aussie and Kiwi rise

At 0831 GMT, the dollar was at 91.953 versus a basket of currencies, down 0.1pc on the day and close to its lowest in three months.

Published 27 Nov, 2020 03:58pm

Forex

Sterling holds near three-month high despite Scottish referendum talk

Scottish leader Nicola Sturgeon said the vote should take place in the earlier part of the devolved parliament's next term, which begins next year.

Published 27 Nov, 2020 03:42pm

Business & Finance

Netherlands co keen to invest $1.3bn for Desalination & Power Plants in Karachi

The Dutch also exhibited an interest in investment in the Ravi City Project and the establishment of a renewable energy plant in Lahore.

Published 27 Nov, 2020 03:36pm

Currency

Turkey central bank lifts lira by dumping another credit rule

The central bank had previously linked reserve requirement ratios and remuneration rates to loan growth, which had spurred lending and economic growth.

Published 27 Nov, 2020 03:40pm

Forex

Turkey's lira leads EMEA FX gains, most currencies set for weekly rise

The lira strengthened 1.1pc by 0830 GMT after Turkey's central bank said it had scrapped a rule that nudged banks to ramp up cheap lending, following last week's large interest rate hike.

Published 27 Nov, 2020 03:37pm

Asia

Malaysia secures 12.8mn doses of Pfizer vaccine, delivery from Q1

Pfizer has agreed to deliver the first one million doses in the first quarter of 2021, with 1.7 million doses, 5.8 million and 4.3 million to follow in subsequent quarters, Muhyiddin said.

Published 27 Nov, 2020 03:34pm

Industry

Volkswagen plans small electric car for the masses

Volkswagen did not provide details on what the vehicle might look like, when it might be launched or where it might be built.

Published 27 Nov, 2020 03:32pm

World

Worldwide coronavirus cases cross 60.91 million, death toll at 1,431,297

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

Published 27 Nov, 2020 03:29pm

Energy

UK GAS-Prices up on Norway strike threat

Gas for day-ahead delivery rose 1.10 pence to 41.50 pence per therm by 0945 GMT, its highest level in a month.

Published 27 Nov, 2020 03:27pm

Stocks

UK shares set for weekly loss on vaccine doubts, Brexit concerns

The blue-chip FTSE 100 index fell 0.7pc, while the domestically focussed mid-cap FTSE 250 lost 0.9pc, with industrial, consumer staples and real-estate stocks among the biggest drags.

Published 27 Nov, 2020 03:25pm

Exchange

Kenyan central bank cuts 2020 growth outlook as coronavirus hits home

The central bank now expects growth of 1.3pc, down from its September forecast of 3.1pc, bank governor Patrick Njoroge told an online news conference.

Published 27 Nov, 2020 03:23pm

Europe

Russia to vaccinate armed forces against COVID-19 as new cases hit daily record

Shoigu said 2,500 military personnel had been vaccinated against COVID-19 already, with the total expected to reach 80,000 by the end of the year, news agencies cited him as saying.

Published 27 Nov, 2020 03:20pm

Money & Banking

BOJ to extend fund aid schemes for pandemic-hit firms

The BOJ eased policy in March and April mostly by ramping up asset purchases and creating a new facility to funnel funds via financial institutions to cash-strapped firms hit by COVID-19.

Published 27 Nov, 2020 03:18pm

World

Coronavirus pandemic has caused a dramatic collapse in worldwide air connectivity: IATA

London, which was the world’s number one most connected city in 2019, has seen a 67% decline in connectivity.

Updated 27 Nov, 2020 03:08pm

USA

Inching toward exit, Trump says he'll leave if Biden wins Electoral College vote

U.S. President Donald Trump said on Thursday he will leave the White House if the Electoral College votes for President-elect Joe Biden, the closest he has come to conceding the Nov. 3 election.

Published 27 Nov, 2020 03:00pm

World

African envoys due to meet Ethiopian PM as war ultimatum expires

The government had given the Tigray People’s Liberation Front (TPLF) until Wednesday to lay down their arms or face an assault on Mekelle, the regional capital of 500,000 people. The United Nations says 200 aid workers are also in the city.

Published 27 Nov, 2020 02:45pm

Business & Finance

Utility Stores Corporation stop purchasing sugar from local sugar mills

Due to the crushing of sugarcane in Sindh, the ex-mill price of sugar has come down from Rs 99 to Rs 82 per kg in a month after the arrival of new sugar.

Published 27 Nov, 2020 02:53pm

Currency

MediaTek set to Power Premium Gaming Smartphones in Pakistan

MediaTek Helio G-series chips feature HyperEngine Game Technology to deliver sustained performance and longer gameplay.

Updated 27 Nov, 2020 02:44pm

Companies

Toshiba follows GE and Samsung C&T in Quitting Coal

Toshiba Corp. announced that it will stop taking orders for new coal-fired power plants and plans on reducing its carbon emissions by 50% by 2030.

Published 27 Nov, 2020 02:19pm

Business & Finance

OGDCL discovers Hydrocarbon reserves in Balochistan

The discovery of Lakhirud X-1 has opened a new avenue and would add to the hydrocarbon reserve base of OGDCL, added the company.

Published 27 Nov, 2020 02:21pm

Pakistan

FM Qureshi meets OIC Secretary General in Niamey

During the meeting they discussed wide range of issues confronting the Muslim Ummah, including rising Islamophobia, the situation in Illegally Indian Occupied Jammu and Kashmir (IIOJK) and Palestine, and challenges posed by the COVID-19 pandemic.

Published 27 Nov, 2020 02:07pm

Industry

CDA Plans to Set up Drive-in Cinema in Islamabad

The Capital Development Authority (CDA) has decided to set up a drive-in cinema in Islamabad to offer citizens an opportunity to enjoy safe outdoor activities during the pandemic.

Published 27 Nov, 2020 02:02pm

Europe

Global terror-related deaths on the decline, says report

According to the findings from the Global Terrorism Index, the global number of deaths relating to terrorism have fallen by 59 percent since 2014.

Updated 27 Nov, 2020 02:08pm

Pakistan

Banking court issues arrest warrants for Sharif cousins

The court ordered police to arrest and produce Javed Shafi and Tariq Shafi at the next hearing on December 17.

Published 27 Nov, 2020 02:02pm

Technology

Redmi announced its first $45 smartwatch

Redmi, a Xiaomi budget sub-brand, has announced its first smartwatch called the Redmi Watch, alongside the upgraded Redmi Note 9 series.

Updated 27 Nov, 2020 01:56pm

World

Indian pilot goes missing after MiG-29K trainer aircraft crashes into sea

One pilot has been recovered and search by air and surface units is in progress for the second pilot, the Indian Navy said.

Updated 27 Nov, 2020 01:50pm

World

Pharma firm in India to make Russia's Sputnik V COVID-19 vaccine

“While we look forward to the clinical trial results in India, we believe that manufacturing the product locally is crucial to enable swift access to patients,” said B. Murali Krishna Reddy, Hetero’s director of international marketing.

Published 27 Nov, 2020 01:25pm

USA

President-elect Biden's Foreign Policy team reject the "America First" mantra

On Tuesday, President-elect Joe Biden's incoming foreign policy team made it clear that they plan to reject the Trump Administration's "America First" mantra, and instead advocated for rejuvenated multilateralism.

Updated 27 Nov, 2020 01:24pm

Currency

Peshawar, Karachi among cities recording most COVID-19 positive cases

NCOC states Peshawar has the highest percentage of COVID-19 positive cases with 19.65% followed by Karachi with 17.73%. Hyderabad has been rated at third place with 16.32%.

Updated 27 Nov, 2020 12:49pm

Business & Finance

Alvi calls for establishment of a trade triangle among Pakistan, China & ASEAN

The President said despite the challenge of the Coronavirus pandemic, Pakistan's economy strengthened and its online businesses grew due to the implementation of far-reaching economic reforms.

Published 27 Nov, 2020 12:24pm

World

Maradona helped Venezuelan govt with food supplies, says President Maduro

Nicolas Maduro says Maradona helped us in a number of secret operations to deliver food to the people of Venezuela

Published 27 Nov, 2020 11:34am

Business & Finance

Pakistan permits pharma co to purchase rapid Coronavirus testing kits

As per the report, the rapid test is likely to cost about Rs2,000 and deliver the result in 20 minutes.

Published 27 Nov, 2020 11:43am

World

Australia says 13 soldiers told they face dismissal after Afghan report

None of the 19 soldiers were identified in the report, which was written by a state judge appointed by the inspector-general of defence.

Published 27 Nov, 2020 10:59am

Pakistan

Pakistan will continue to play its role for peace in Afghanistan, Qureshi assures counterpart

Afghan Foreign Minister Mohammed Haneef Atmar met FM Shah Mahmood Qureshi on the sidelines of the 47th session of OIC.

Published 27 Nov, 2020 10:34am

Pakistan

Pakistan's first transgender lawyer goes from begging to fighting in court

As Pakistan’s first transgender lawyer, she has carved a path from the streets to the courtroom and her example is inspiring other transgender people

Published 27 Nov, 2020 10:30am

Pakistan

Three burnt to death in factory fire

The blaze broke out in Orangi Town while the cause has yet to be ascertained

Published 27 Nov, 2020 10:10am

Currency

Shares stuck near peaks, U.S. oil futures extend declines

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.11% but remained with striking distance of a life-time peak touched this week.

Published 27 Nov, 2020 10:21am

Business & Finance

Oil mixed as rally falters over supply concerns, vaccine doubts

WTI was down by 69 cents, or 1.5%, at $45.02 by 0104 GMT. U.S. crude prices did not settle on Thursday due to the holiday. Brent crude was up by 9 cents at $47.89, having fallen 1.7% overnight.

Published 27 Nov, 2020 10:19am

Technology

Britain to curb Google and Facebook with tougher competition rules

The code will be enforced by a dedicated unit within the Competition and Markets Authority (CMA), which this year said it needed new laws to keep the tech giants in check.

Published 27 Nov, 2020 10:17am

Business & Finance

Huawei founder urges Honor subbrand to become competitor after split

Huawei Technologies said earlier this month it would sell Honor to a new entity called Shenzhen Zhixin New Information Technology, formed of its agents and dealers, so it could resume sourcing components currently restricted by U.S. sanctions.

Published 27 Nov, 2020 10:15am

Currency

Dollar poised for weekly losses on improving risk sentiment

“Today will be another quiet day, with almost no catalyst to move the market. The dollar, however, is broadly pressured on month-end selling,” said Shinichiro Kadota, senior strategist at Barclays.

Published 27 Nov, 2020 10:01am

BR Research

Interview with Fayaz Ahmad Khan, Vice President Commercial Division, Byco Petroleum Pakistan Limited

‘Byco lauds fortnightly petrol pricing and Euro 5 launch, requests IFEM repeal’ Fayaz Ahmad Khan is Vice...

Published 27 Nov, 2020 07:45am

BR Research

Auto earnings to recover

Brokerage analysts are revising their earnings forecasts for automobile companies, this upcoming growth spurt...

Published 27 Nov, 2020 07:40am

BR Research

Digital Committees – a step closer to financial inclusion

Uncertainties caused by the covid-19 pandemic have made finances precarious for millions across the world. Global...

Published 27 Nov, 2020 07:35am

Exchange

Ostriches at KSE-100?

Sometimes it feels that ostriches, and not only bulls and bears, exist at stock exchanges. Granted that markets are...

Published 27 Nov, 2020 07:30am

BR Research

Fertilizer sales remain static

The Kharif season ended at a slightly higher note with urea application higher by 5 percent year-on-year. But before...

Published 27 Nov, 2020 07:25am

Pay and pension: Current model for disbursement not sustainable: Hafeez

ISLAMABAD: Advisor to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Sheikh said the current model for...

Updated 27 Nov, 2020 03:59am

Nationwide Covid-19 tally rises to 388,151

ISLAMABAD: The nationwide Covid-19 cases have reached 388,151 with a total of 7,867 deaths, the National Command and...

Updated 27 Nov, 2020 03:59am

Former WB president James Wolfensohn dies aged 86

WASHINGTON: James Wolfensohn, an investment banker who helped straighten out the finances of major American cultural...

Updated 27 Nov, 2020 03:59am

Effective Jan 1, 2021: Aggrieved taxpayers can challenge FBR orders via Iris

ISLAMABAD: The aggrieved taxpayers would electronically file appeal with the Commissioner Inland Revenue (Appeals)...

Updated 27 Nov, 2020 03:59am

Museum to record Londoners' Covid dreams

LONDON: The Museum of London on Thursday announced a project to collect the dreams of Londoners during the...

Updated 27 Nov, 2020 03:59am

Exchange

SBP's forex reserves cross $13bn mark

KARACHI: The State Bank of Pakistan's foreign exchange reserves crossed $13 billion mark supported by arrival of...

Updated 27 Nov, 2020 03:59am

German court refers Nokia-Daimler connected car clash to European Court

DUESSELDORF/BERLIN: A German court on Thursday referred a patent licensing dispute between Finnish telecoms ...

Updated 27 Nov, 2020 03:59am

KCR: Sindh CM issued contempt of court notice

ISLAMABAD: The Supreme Court issued contempt notice to Sindh Chief Minister Murad Ali Shah for not approving the...

Updated 27 Nov, 2020 03:56am

CCoE approves proposal to ratify MoUs signed with IPPs

ISLAMABAD: The Cabinet Committee on Energy (CCoE) approved a proposal of the Power Division for ratification of the...

Updated 27 Nov, 2020 03:56am

Super Tax: SC directs individuals, companies to deposit 50 percent of dues

ISLAMABAD: The Supreme Court has directed the individuals and companies earning more than Rs500 million to deposit ...

Updated 27 Nov, 2020 03:56am

Exchange

Sale of Abraaj stake in KE: SEP, other stakeholders to sit together to resolve NSC issue

ISLAMABAD: The federal government has reportedly decided to convene a meeting of all stakeholders including Chinese...

Updated 27 Nov, 2020 03:56am

There's no ban on export of workforce to UAE: Zulfi

ISLAMABAD: The Special Assistant to the Prime Minister on Overseas Pakistanis, Zulfikar Bukhari, Thursday dispelled...

Updated 27 Nov, 2020 03:56am

Construction sector: PM asks FBR to facilitate expats

ISLAMABAD: Prime Minister Imran Khan has directed the chairman Federal Board of Revenue (FBR) and other relevant...

Updated 27 Nov, 2020 03:56am

Karachi comes under focus again

ISLAMABAD: While chairing a high-level meeting of Karachi Transformation Package, Prime Minister Imran Khan...

Updated 27 Nov, 2020 03:56am

Currency

Sri Lanka extends import ban despite EU protest

COLOMBO: Sri Lanka Thursday extended a ban on non-essential imports such as vehicles as it battles a foreign ...

Updated 27 Nov, 2020 03:39am

Business & Finance

Economy in the wake of Covid-19: Pakistan being showcased as model for world: Shibli

ISLAMABAD: Federal Minister for Information and Broadcasting Shibli Faraz said the world is acknowledging the...

Updated 27 Nov, 2020 03:38am

South Asia

Indian farmers clash with police over farm reforms

NEW DELHI: Indian police fired tear gas and water cannon on Thursday in clashes with several thousand farmers...

Updated 27 Nov, 2020 03:37am

Europe

Italy to launch first Europe-US 'virus-free' flights

ROME: Italy is to offer Europe's first coronavirus-free corridor with the United States for passengers who have...

Updated 27 Nov, 2020 03:36am

Sports

Pakistan cricketers positive for Covid-19 in New Zealand

WELLINGTON: Pakistan's cricket tour of New Zealand was in the balance Thursday after six squad members tested...

Updated 27 Nov, 2020 03:35am

Life & Style

Aaj TV - Friday'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 27 Nov, 2020 03:35am

Pakistan

Karachi plane crash: NA panel asks PIA to compensate families of deceased

ISLAMABAD: National Assembly's Standing Committee on Government Assurances asked the Pakistan International Airlines...

Updated 27 Nov, 2020 03:30am

Pakistan

Churna Island: Bleaching of corals threatening coastal biodiversity: WWF-Pakistan

KARACHI: The WWF-Pakistan on Thursday warned that serious bleaching of corals has happened close to Churna Island,...

Updated 27 Nov, 2020 03:29am

Pakistan

PDM's meeting not allowed in Multan

MULTAN: The city administration on Thursday refused to grant permission for a public gathering planned by the...