Apropos 'Downing of Malaysian airliner: Crisis grows as Obama points to [pro-Russia] separatists' carried by Business Recorder on Saturday, the ongoing Ukraine crisis seems to have acquired a highly dangerous dimension. As per media reports, US Pre
If "Europe's Got Talent" were a television show, it would have been taken off the screen years ago as a slow-motion contest rigged to reward mediocrity.
There is controversy over Metrobus projects launched by the PML (N) government; Metrobus Lahore with a pejorative naming of Jungla bus is working well reportedly. There is another similar project in the pipeline connecting the twin cities of Pindi and Isl
This is the first of a two part series analyzing the IMF third staff report as well as the Letter of Intent submitted by the government. Next week's article would focus on provincial surplus as a means to meet the budget deficit target and new structural
The unrelenting incidence of terrorism besetting Pakistan has been invariably described as an existential threat to our national independence. It has taken the toll of thousands of innocent lives, ruined national economy, and turned Pakistan into a forbid
History appeared to be in the making when the leaders of Brazil, Russia, India, China and South Africa, commonly known as BRICS, on 15th July, 2014 agreed in Portaleza to create a Shanghai-based Development Bank and a Reserve Fund, seen as counterweights
Surgical Building of Jinnah Postgraduate Medical Centre (JPMC) has become parking lot for the staff and visitors, as majority of them parked their motorcycles there, causing serious inconvenience to patients and their attendants.
KP Chief Minister Pervez Khattak has strongly condemned the target killing of two private security guards at Hayatabad Industrial area by unknown miscreants. He has announced compensation for both the martyred guards under Shuhada Package. The chief minis
President Balochistan National Party-Mengal (BNP-M) and former Chief Minister of Balochistan Sardar Akthar Mengal has fallen ill and has been admitted to a private hospital in Karachi. According to details, Mengal was on a visit to Shah Noorani area of di
Khyber Pakhtunkhwa Governor Sardar Mehtab Ahmad Khan has said that no effort will be spared for provision of all possible facilities to the Internally Displaced Persons (IDPs) of North Waziristan Agency. Taking the notice of the inadequate disbursement of
Last week, BR Research met Imjaz Latif, the CEO of Sheikhs of Sialkot. Established in 1981 Sheikhs of Sialkot is one of the top three leather manufacturers currently operating out of Sialkot. He is the member of the Sialkot Chamber of Commerce and Industr
Last week, BR Research met Imjaz Latif, the CEO of Sheikhs of Sialkot. Established in 1981 Sheikhs of Sialkot is one of the top three leather manufacturers currently operating out of Sialkot. He is the member of the Sialkot Chamber of Commerce and Industr
Three years after famine in Somalia killed a quarter of a million people in six months, aid agencies warned Sunday a new catastrophe is looming unless urgent aid arrives.
US officials warned on Sunday that scammers are attempting to prey on the families of some of the tens of thousands of unaccompanied child immigrants crossing the border from Latin America, seeking money for phony travel costs.
Sirens wailed in Greek Cypriot towns and villages Sunday as Cyprus marked the 40th anniversary of Turkey's invasion still a divided island despite countless UN-brokered peace initiatives. In the breakaway north, Turkey's President Abdullah Gul joined Turk
French Prime Minister Manuel Valls has slipped below a 50 percent approval rating for the first time since he was nominated in a March cabinet reshuffle, a poll showed on Sunday, as President Francois Hollande remained deeply unpopular. Valls, who replace
A Florida jury has awarded the widow of a chain smoker who died of lung cancer 18 years ago record punitive damages of more than $23 billion in her lawsuit against the R.J. Reynolds Tobacco Company, the nation's second-biggest cigarette maker.
Jakarta governor Joko Widodo is expected to be declared the winner of Indonesia's disputed presidential election this week but his rival, ex-general Prabowo Subianto, is set to mount a legal challenge that could prolong the political deadlock.
Four days after Afghanistan began a massive audit of millions of votes cast in the run-off presidential election, disagreements and a shortage of observers have slowed progress. The audit of all 8.1 million ballots cast in the June 14 run-off round was ag
The Federal Board of Revenue (FBR) has yet to implement a key recommendation of the Federal Tax Ombudsman (FTO) to devise an effective automated online system for registered sales tax persons to proceed against tax employees involved in perpetration of fr
Pakistan has called for stepping up efforts to bring under control conflicts and crises afflicting Africa, and stressed the need for fulfilling the promises made to 54-nation continent for development assistance.
The United Nations High Commissioner for Refugees (UNHCR) is considering giving a special relief package for voluntary home returning Afghan refugees. According to the new package returning, the Afghan refugees will be paid U$200, free transport and house
Federal Public Service Commission (FPSC) will hold the Competitive Examination (CSS)-2015, for recuruitment to posts in BS-17 in various occupational groups/services under the Federal Government from Saturday 14th Feburary, 2015. Cut off date for determin
National Accountability Bureau (NAB) has approved two more references in multi-billion Modaraba Scam against 13 accused persons on the charges of corruption and corrupt practices and cheating the public at large in the ploy of Islamic mode of investment.
Former chief minister and Awami National Party provincial president Amir Haider Khan Hoti has said that those people talking about holding of long march have no concern about national issues, but they were just wasting time for their personal interests an
The government of Khyber Pakhtunkhwa has established the Industrial Facilitation Authority (IFA) by merging the Small Industries Development Board (SIDB) and the Sarhad Development Authority (SDA) for the promotion of industries in the province. He said t
Directorate of Health Services (DHS) Capital Development Authority (CDA), during previous week issued 103 notices and 36 challans to the violators of hygiene sections of PPF Ordinance 1960 including seal of four bakeries.
The construction of illegal houses in the sub-sectors of G-14/1,2,3 and G-15/3 of the Capital has been prohibited for two months. Sub-Divisional Magistrate (Saddar) Islamabad, Rabia Aurangzaib, under section 144 of Cr.P.C., also prohibited transportation,
The Yaum-e-Ali (RA) was observed throughout the country on Sunday with solemnity amid strict security measures. Different organisations arranged functions to highlight the life and achievements of the fourth caliph of Islam.
Researchers have succeeded in turning ordinary cardiac muscle cells into specialized ones that deliver a steady heartbeat using a gene therapy procedure they predict could become an alternative to implanted electronic pacemakers.
Millions of cases of Alzheimer's could be prevented by altering lifestyle habits which increase risk of the tragic memory-robbing disease, scientists said on July 14. Alzheimer's is an age-related brain condition that experts suspect is influenced by both
Governments have agreed the first international standards limiting cancer-causing arsenic pollution in rice, a key move to protect consumers of what is a staple food for billions, the UN said on July 17. The Codex Alimentarius Commission, the top global d
Corticosteroid drugs given via inhalers to children with asthma may suppress their growth, according to two systematic reviews of scientific studies on the issue. Health experts who conducted the review and published it in The Cochrane Library journal fou
The world is getting warmer, as greenhouse gases reach historic highs and Arctic sea ice melts, making 2013 one of the hottest years on record, international scientists said on July 17. The annual State of the Climate report 2013 is a review of scientific
A twelve-year-old boy named Asif on March 27, was brought into The Indus Hospital by his parents who at this point were grief-stricken and in shock. When he was admitted he was comatose as had been suffering from fever-induced fits. The father of the pati
Asian countries should keep their guard against the deadly Middle East respiratory virus, although in its current form it appears less infectious than originally thought, a World Health Organization expert said. The Middle East respiratory syndrome (MERS)
Google Inc's Nest Labs on July 15 unveiled an industry group to encourage makers of "smart" home gadgets like locks and light-bulbs to use Thread, a new standard for devices to communicate on a network. The attempt by Nest, a smart thermostat maker that G
If you buy yourself an expendable SIM card in a foreign country to obtain cheap internet access for a week or so, request the clerk in the phone shop to insert the SIM and set it up for you, advises German computer magazine c't. That's because local codes
Apple and IBM unveiled a "landmark" partnership July 15 to win over business customers by offering iPhones and iPads that are specially tailored to the enterprise users. The tie-up, which aims to boost Apple's share of the market for mobile devices for bu
On one side are the computer-chip giant Intel and Korean electronic goliath Samsung. On the other are another Korean electrics champion, LG, and chipmaker Qualcomm. On the sideline is Apple and a host of others. Each camp wants to impose a standard for th
A new social network says its goal is sharing among its users - including some of the profits. Bubblews, which is launching a new platform July 16, aims to bring together people by giving a small slice of ad revenues to users for each time they post or sh
A messaging app that allows users to send the word "Yo" to friends has discovered newfound fame and fortune. San Francisco-based startup Yo, which got its start in Tel Aviv and moved to California after becoming a hit in Israel, boasted new backers on Fri
US online giant Amazon unveiled a Netflix-style subscription plan Friday for unlimited access to e-books, a move which could shake up the world of publishing. The $9.99 per month Kindle Unlimited program offers access to some 600,000 titles in the Amazon
Swiss medicine maker Novartis said Tuesday it would join US technology giant Google in developing and marketing a digital contact lens for diabetics, which could speed up the commercial launch of the product. Novartis, one of the world's biggest pharmaceu
Swiss medicine maker Novartis said Tuesday it would join US technology giant Google in developing and marketing a digital contact lens for diabetics, which could speed up the commercial launch of the product. Novartis, one of the world's biggest pharmaceu
You can check to see which websites have been viewed recently with Apple's mobile Safari browser, but the command is well hidden and most iPhone and iPad users overlook it. To access it, hold down the backwards button, at the bottom left of the display. T
The upcoming version of Android - Version L - will allow audio output via a Micro USB connection. That's potentially good news for music lovers who are not happy with the sound quality from their smartphone's headset jack, reports the Androidpolice.com bl
UBS expects its business with its wealthiest clients to grow by 7 to 8 percent in terms of assets, as the area plays an increasingly important role for the Swiss private bank.
UBS expects its business with its wealthiest clients to grow by 7 to 8 percent in terms of assets, as the area plays an increasingly important role for the Swiss private bank.
German software giant SAP said on July 17 its bottom line was hit by one-off effects in the second quarter, but it is sticking to its full-year forecast. SAP said in a statement that its net profit fell by 23 percent to 556 million euros ($752 million) in
German software giant SAP said on July 17 its bottom line was hit by one-off effects in the second quarter, but it is sticking to its full-year forecast. SAP said in a statement that its net profit fell by 23 percent to 556 million euros ($752 million) in
United Arab Emirates-based private equity firms Ithmar Capital and Gulf Capital are looking to sell shares to the public as they seek cash for new investments, according to sources, in a move emulating global peers. Private equity in the Middle East suffe
United Arab Emirates-based private equity firms Ithmar Capital and Gulf Capital are looking to sell shares to the public as they seek cash for new investments, according to sources, in a move emulating global peers. Private equity in the Middle East suffe
India's biggest outsourcing firm Tata Consultancy Services on July 17 reported a 45 percent jump in quarterly net profit from a year ago, led by strong growth in business from North America. The Mumbai-based company, commonly known as TCS, indicated its o
India's biggest outsourcing firm Tata Consultancy Services on July 17 reported a 45 percent jump in quarterly net profit from a year ago, led by strong growth in business from North America. The Mumbai-based company, commonly known as TCS, indicated its o
Hewlett-Packard said on July 17 that chief executive Meg Whitman would chair the US tech giant, after the resignation of non-executive chairman Ralph Whitworth. "Meg has been an outstanding leader since coming to HP, and we believe that as chairman she ca
Abbott Laboratories Inc reported better-than-expected quarterly earnings on July 16 as demand for its recently-recalled infant formulas began to recover and profit margins improved for other business segments. Sales of nutritional products, the company's
Abbott Laboratories Inc reported better-than-expected quarterly earnings on July 16 as demand for its recently-recalled infant formulas began to recover and profit margins improved for other business segments. Sales of nutritional products, the company's
Charles Schwab Corp's second-quarter revenue and profit grew at double-digit rates, slightly exceeding Wall Street expectations. Once known as a pioneering discount broker for self-directed investors, the San Francisco-based company now emphasizes its ful
Charles Schwab Corp's second-quarter revenue and profit grew at double-digit rates, slightly exceeding Wall Street expectations. Once known as a pioneering discount broker for self-directed investors, the San Francisco-based company now emphasizes its ful
Late last year, Goldman Sachs reached an important milestone: its investment management business surpassed $1 trillion in cllient money under supervision But the achievement went largely unnoticed as shareholders focused on troubles in Goldman's fixed-inc
Argentina's world number 46 Leonardo Mayer captured his first ATP title on Sunday when he fought back to defeat top seeded Spaniard David Ferrer, 6-7 (3/7), 6-1, 7-6 (7/4) in the Hamburg final. Mayer becomes the lowest-ranked winner of an ATP World Tour 5
Top seed Caroline Wozniacki won her first title of the year and 22nd of her career on Sunday when she defeated second-seeded Italian Roberta Vinci 6-1, 6-1 in the Istanbul WTA final. The former world number one has now won a WTA title every year for the l
China's all-conquering divers made a clean sweep at the FINA World Cup in Shanghai when Yang Jian clinched the gold in the Men's 10m platform Sunday. The victory was the ninth title to be claimed by Chinese divers in the biannual tournament, which was las
Nico Rosberg completed a memorable week for himself and his nation on Sunday when he cruised to his first win in his home German Grand Prix. The pole sitter, cheered on by Germany World Cup winner Lukas Podolski in the Mercedes pits, extended his lead to
Rory McIlroy joined the elite list of golfers to have won three of the four major titles at Hoylake on Sunday, but he had to battle all the way against Sergio Garcia and Rickie Fowler before bagging his first British Open title. At 25, McIlroy joined lege
Star all-rounder Shakib Al Hasan pledged Sunday to "behave in a more mature way" in future as he begged Bangladesh cricket authorities to review a six-month ban for bad behaviour. Shakib, the country's most popular sportsman, made a passionate public plea
India were on the brink of just their second Test win at Lord's as Alastair Cook's latest failure with the bat prolonged the debate about his future as England captain. England were 105 for four at stumps on Sunday's fourth day, needing a further 214 runs
Sikandar Raza struck 141 runs as Zimbabwe cruised to an eight-wicket one-day international (ODI) triumph over Afghanistan in Bulawayo Sunday. A century from 17-year-old Usman Ghani was pivotal as Afghanistan made 256-7 in 50 overs at Queens Sports Club in
At least seven foreign players for two top Ukrainian football teams have refused to return to the country as tensions mount after the Malaysia Airlines crash, media reported Sunday. Six players for champions Shakhtar Donetsk players and an Argentine with
Britain will on Monday announce new rules for the pensions industry that will give retirees greater access to their savings, fleshing out plans announced earlier this year that shook the share value of British insurers. Finance minister George Osborne stu
Britain's 7th-largest lender, TSB, which recently floated on the stock market, is planning to bid for 1.4 billion pounds worth of state-owned mortgages, Sky news reported on its website on Saturday, without citing its sources.
Britain's 7th-largest lender, TSB, which recently floated on the stock market, is planning to bid for 1.4 billion pounds worth of state-owned mortgages, Sky news reported on its website on Saturday, without citing its sources.
Brazil plans to use Japanese technology in building a floating structure and ships for its huge offshore oil development project, media reports said Sunday. Japanese Prime Minister Shinzo Abe and Brazilian President Dilma Rousseff will announce the use of
Abu Dhabi Islamic Bank (ADIB), the largest Shariah-compliant lender in the emirate, beat analysts' estimates on Sunday as it posted a 22.5 percent jump in second-quarter net profit as core business income boosted revenues.
Abu Dhabi Islamic Bank (ADIB), the largest Shariah-compliant lender in the emirate, beat analysts' estimates on Sunday as it posted a 22.5 percent jump in second-quarter net profit as core business income boosted revenues.
Labour unions representing striking South African metalworkers have submitted a lower wage demand to employers, two union representatives said on Sunday, to try to end the walkout battering Africa's most developed economy.
The rise of Dubai's red-hot residential real estate market is slowing as government steps to curb speculative buying have an impact and higher prices start to affect demand, consultants JLL said in a report on Sunday. Second-quarter trends in the market s
China's President Xi Jinping departed Argentina Sunday for Venezuela, the next-to-last stop of a Latin American tour aimed at bolstering trade with the region. The Chinese leader's charm offensive seeks to secure new bilateral trade deals - particularly f
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups and the Gulf's largest listed company, reported a 7 percent increase in second-quarter net income on Sunday, matching analysts' forecasts.
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups and the Gulf's largest listed company, reported a 7 percent increase in second-quarter net income on Sunday, matching analysts' forecasts.
Etisalat reported a 26 percent jump in second-quarter profit on Sunday, beating analysts' estimates, as the UAE firm's acquisition of a majority stake in Maroc Telecom bolstered its bottom line. The former telecom monopoly, which operates in 19 countries
Etisalat reported a 26 percent jump in second-quarter profit on Sunday, beating analysts' estimates, as the UAE firm's acquisition of a majority stake in Maroc Telecom bolstered its bottom line. The former telecom monopoly, which operates in 19 countries
Middle Eastern pay-television operator OSN is the subject of a full take-over bid from an unnamed buyer, its parent company said on Sunday, a deal that could prove to be one of the largest acquisitions of a regional business in recent years. Kuwait Projec
Philippine President Benigno Aquino, who has been criticised for his own inability to quit smoking, has signed a law requiring tobacco companies to print graphic warning pictures on packets, his spokesman said Sunday.
German Finance Minister Wolfgang Schaeuble warned the European Central Bank on Sunday that a loose monetary policy runs the risk of causing asset bubbles. "We can't just leave the avoidance of bubbles to government supervision," he told the Handelsblatt b
Italian oil and gas group Eni said it signed a deal to explore for hydrocarbons in the Republic of Congo's coastal basin, expanding its foothold in sub-Saharan Africa's No 4 oil producer. At a signing ceremony in capital Brazzaville, new Eni Chief Executi
Britain's Serious Fraud Office is poised to begin its first criminal investigation of alleged rigging by traders in the foreign exchange market, the Sunday Times reported. The SFO, which is already conducting a criminal probe into the rigging of benchmark
From a small, white-washed basement close to London's Liverpool Street station, Sakthi Ariaratnam is beating banks at what you would have thought was their own game - and it is relatively easy. On a recent Tuesday morning in the heart of London's City fin
What's in a name? For a growing number of hedge funds, the answer seems to be quite a lot. Working for, or better still running, a hedge fund has long been the dream for thousands of business school graduates and seasoned investment managers. These days,
What's in a name? For a growing number of hedge funds, the answer seems to be quite a lot. Working for, or better still running, a hedge fund has long been the dream for thousands of business school graduates and seasoned investment managers. These days,
A US Securities and Exchange Commission official offered a sneak peek on plans for examining brokerages in 2015, indicating it would likely focus on sales of expensive mutual funds and have a "laser like focus" on problem brokers and firms.
Tokyo investors will be keeping an eye on simmering geopolitical tensions next week in the aftermath of a Malaysia Airlines jet crash in violence-wracked Ukraine. Fresh economic data, including Japanese trade figures for June, will also be on investors' r