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Print - 2015-06-15
Greece last-chance talks end with no deal

Greece last-chance talks end with no deal

Last-ditch talks between Greece and its EU-IMF creditors ended with no deal on Sunday, setting the countdown towards a disastrous default by Athens with the threat of a Greek exit from the euro closer than ever. The crunch negotiations failed in their sec
Published 15 Jun, 2015 12:00am
Greece last-chance talks end with no deal

Greece last-chance talks end with no deal

Last-ditch talks between Greece and its EU-IMF creditors ended with no deal on Sunday, setting the countdown towards a disastrous default by Athens with the threat of a Greek exit from the euro closer than ever. The crunch negotiations failed in their sec
Published 15 Jun, 2015 12:00am
Greece last-chance talks end with no deal

Greece last-chance talks end with no deal

Last-ditch talks between Greece and its EU-IMF creditors ended with no deal on Sunday, setting the countdown towards a disastrous default by Athens with the threat of a Greek exit from the euro closer than ever. The crunch negotiations failed in their sec
Published 15 Jun, 2015 12:00am
Futures spreads up by 507 basis points

Futures spreads up by 507 basis points

Futures spreads increased by 507 basis points (bps) Week-on-Week (WoW) to 10.72 percent compared to 5.12 percent in the preceding week. The average trading volume grew by 28.6 percent to 39.94 million shares from 39.06 million. The traded value averaged o
Published 15 Jun, 2015 12:00am
Futures spreads up by 507 basis points

Futures spreads up by 507 basis points

Futures spreads increased by 507 basis points (bps) Week-on-Week (WoW) to 10.72 percent compared to 5.12 percent in the preceding week. The average trading volume grew by 28.6 percent to 39.94 million shares from 39.06 million. The traded value averaged o
Published 15 Jun, 2015 12:00am
Futures spreads up by 507 basis points

Futures spreads up by 507 basis points

Futures spreads increased by 507 basis points (bps) Week-on-Week (WoW) to 10.72 percent compared to 5.12 percent in the preceding week. The average trading volume grew by 28.6 percent to 39.94 million shares from 39.06 million. The traded value averaged o
Published 15 Jun, 2015 12:00am
Futures spreads up by 507 basis points

Futures spreads up by 507 basis points

Futures spreads increased by 507 basis points (bps) Week-on-Week (WoW) to 10.72 percent compared to 5.12 percent in the preceding week. The average trading volume grew by 28.6 percent to 39.94 million shares from 39.06 million. The traded value averaged o
Published 15 Jun, 2015 12:00am
Equities remain positive
Mutual Funds

Equities remain positive

Shrugging the budget related negatives off, the Karachi bourse ended the week on a positive note to close at 34,657 points, a four-month high. The KSE-100 index gained 1.9 percent, week-on-week (WoW) with daily trading turnover averaging on 400 million sh
Published 15 Jun, 2015 12:00am
Equities remain positive
Mutual Funds

Equities remain positive

Shrugging the budget related negatives off, the Karachi bourse ended the week on a positive note to close at 34,657 points, a four-month high. The KSE-100 index gained 1.9 percent, week-on-week (WoW) with daily trading turnover averaging on 400 million sh
Published 15 Jun, 2015 12:00am
Equities remain positive
Mutual Funds

Equities remain positive

Shrugging the budget related negatives off, the Karachi bourse ended the week on a positive note to close at 34,657 points, a four-month high. The KSE-100 index gained 1.9 percent, week-on-week (WoW) with daily trading turnover averaging on 400 million sh
Published 15 Jun, 2015 12:00am
Finance Bill: Senate body finalises suggestions today

Finance Bill: Senate body finalises suggestions today

Senate Standing Committee on Finance would finalise its recommendations for Finance Bill 2015 today (Monday) for onward submission to the Senate for approval as well as recommendation to the National Assembly for incorporating in next fiscal year budget.
Published 15 Jun, 2015 12:00am
Finance Bill: Senate body finalises suggestions today

Finance Bill: Senate body finalises suggestions today

Senate Standing Committee on Finance would finalise its recommendations for Finance Bill 2015 today (Monday) for onward submission to the Senate for approval as well as recommendation to the National Assembly for incorporating in next fiscal year budget.
Published 15 Jun, 2015 12:00am
Finance Bill: Senate body finalises suggestions today

Finance Bill: Senate body finalises suggestions today

Senate Standing Committee on Finance would finalise its recommendations for Finance Bill 2015 today (Monday) for onward submission to the Senate for approval as well as recommendation to the National Assembly for incorporating in next fiscal year budget.
Published 15 Jun, 2015 12:00am
Finance Bill: Senate body finalises suggestions today

Finance Bill: Senate body finalises suggestions today

Senate Standing Committee on Finance would finalise its recommendations for Finance Bill 2015 today (Monday) for onward submission to the Senate for approval as well as recommendation to the National Assembly for incorporating in next fiscal year budget.
Published 15 Jun, 2015 12:00am
Zarb-e-Azb: Prime Minister congratulates nation, army

Zarb-e-Azb: Prime Minister congratulates nation, army

Prime Minister Muhammad Nawaz Sharif Sunday congratulated the nation particularly the Pakistan Army on completion of one year of Operation Zarb-e-Azb against terrorism. According to a PM House statement, the Prime Minister said Zarb-e-Azb is the manifesta
Published 15 Jun, 2015 12:00am
Zarb-e-Azb: Prime Minister congratulates nation, army

Zarb-e-Azb: Prime Minister congratulates nation, army

Prime Minister Muhammad Nawaz Sharif Sunday congratulated the nation particularly the Pakistan Army on completion of one year of Operation Zarb-e-Azb against terrorism. According to a PM House statement, the Prime Minister said Zarb-e-Azb is the manifesta
Published 15 Jun, 2015 12:00am
The Weather

The Weather

The weather report on Sunday (June 14, 2015) and the forecast for Monday (June 15, 2015).

Published 15 Jun, 2015 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 8 to 12 2015).

Published 15 Jun, 2015 12:00am
Finance Secretary's response to Senators

Finance Secretary's response to Senators

This refers to a Business Recorder news item about Secretary Finance's response to Senators' proposals to finalise recommendations for the Finance Bill 2015. Data provided about government securities by the Secretary Finance is correct. He also sai
Published 15 Jun, 2015 12:00am
Natural disasters threaten Nepalese mountaineering

Natural disasters threaten Nepalese mountaineering

The climbing season in Nepal encountered massive disaster for the second straight year, as 18 people died in an avalanche at Mount Everest Base Camp triggered by the April 25 earthquake. Eighteen mountaineers also died on Everest in an avalanche April 18,
Published 15 Jun, 2015 12:00am
Hillary pledges to fight for the middle class

Hillary pledges to fight for the middle class

Former secretary of state Hillary Clinton pledged to fight for the middle class in her first major Democratic campaign rally before thousands of cheering supporters on New York City's Roosevelt Island.
Published 15 Jun, 2015 12:00am
Commitment to poverty alleviation

Commitment to poverty alleviation

Federal Finance Minister Ishaq Dar in his budget speech 2015-16 maintained that the PML-N government's focus on poverty alleviation is greater than that of the PPP-led coalition government and, as proof of his contention, noted the budgeted commitment of
Published 15 Jun, 2015 12:00am
The Sindh budget

The Sindh budget

The Sindh budget unveiled by Murad Ali Shah, provincial finance minister, on June 12, 2015, seems to be a routine affair, barefoot of any major initiative to take bold revenue mobilisation measures and ensure equity in taxation. The similarity between the
Published 15 Jun, 2015 12:00am
The Punjab budget

The Punjab budget

Dr Ayesha Ghaus Pasha, the newly-appointed Punjab Finance Minister, made history by being the first woman to present the provincial budget. Unfortunately though there was little change in heavy reliance on the federal divisible pool for finances, to the t
Published 15 Jun, 2015 12:00am
Former senior Chinese official Qiao Shi dies aged 91

Former senior Chinese official Qiao Shi dies aged 91

A former senior Chinese Communist Party official, Qiao Shi, died in Beijing on Sunday aged 91, state media reported. Qiao, who joined the ruling party at age 15, headed China's parliament in the 1990s and was a member of the party Politburo Standing Commi
Published 15 Jun, 2015 12:00am
A third of Cameron's lawmakers join EU exit campaign group

A third of Cameron's lawmakers join EU exit campaign group

The number of lawmakers in Prime Minister David Cameron's party to join a group pushing for Britain to leave the European Union unless it obtains major changes to its terms of membership has jumped from 50 to 110 in a week, a newspaper said on Saturday.
Published 15 Jun, 2015 12:00am
Bush ready to jump into presidential campaign

Bush ready to jump into presidential campaign

The campaign logo is ready, so is the big speech, and his message is taking shape: Jeb Bush is about to join the crowded Republican field running for president in 2016. Bush, 62, has run a de facto race for six months, raising money and increasing his tra
Published 15 Jun, 2015 12:00am
18 migrants found dead in Niger's desert

18 migrants found dead in Niger's desert

The bodies of 18 west African migrants hoping to reach Europe have been found in the Sahara desert near Arlit in Niger, the International Organisation for Migration said on Sunday. The discovery of the group offers a rare glimpse of what migration experts
Published 15 Jun, 2015 12:00am
Malaysian-flagged tanker missing: piracy watchdog

Malaysian-flagged tanker missing: piracy watchdog

A Malaysian-flagged tanker carrying petrol has gone missing off the south coast and is feared hijacked, the International Maritime Bureau said on Sunday. The owners of the MT Orkim Harmony last had contact with the ship late Thursday, said Noel Choong, he
Published 15 Jun, 2015 12:00am
Hurricane Carlos downgraded to tropical storm

Hurricane Carlos downgraded to tropical storm

Hurricane Carlos was downgraded to a tropical storm Sunday off Mexico's Pacific coast, forecasters said. It had reached Category 1 hurricane status Saturday, but was so far offshore it caused just minor damage from winds buffeting seaside restaurants in A
Published 15 Jun, 2015 12:00am
Afghan aid donors face quandary over future of police fund

Afghan aid donors face quandary over future of police fund

Afghanistan is locked in a wrangle with the United Nations over control of a fund for police salaries, highlighting a quandary for aid donors keen to disengage from the country but reluctant to do so until sustainable, graft-free systems are in place.
Published 15 Jun, 2015 12:00am
Israel accuses world powers of yielding to Iran for nuclear deal

Israel accuses world powers of yielding to Iran for nuclear deal

Israeli Prime Minister Benjamin Netanyahu accused world powers on Sunday of stepping up concessions to Iran to enable a deal by June 30 on curbing its nuclear programme even as Tehran balks at demands for heightened UN inspections. Netanyahu has argued th
Published 15 Jun, 2015 12:00am
Renzi warns EU on refugees as neighbours block border crossings

Renzi warns EU on refugees as neighbours block border crossings

Italy stepped up calls for a change to European asylum rules on Sunday as neighbouring states tightened border controls, turning back African migrants and leaving hundreds stranded at the frontier in northern Italy. In an interview with Milan's Corriere d
Published 15 Jun, 2015 12:00am
Seven killed, 12 hurt in accident

Seven killed, 12 hurt in accident

At least seven people died and 12 others were injured in collision between a van and a dumper here on Sunday. Rescue sources said that a Chakwal bound passenger van coming from Mianwali, collided head-on with an over speeding dumper carrying construction
Published 15 Jun, 2015 12:00am
Prices of essential items soaring ahead of Ramazan

Prices of essential items soaring ahead of Ramazan

As Ramazan draws nearer, the prices of pulses, rice, vegetable, fruits and other essential daily use items, have registered a manifold increase, especially those most demanding items during the fasting month, according to survey conducted by Business R
Published 15 Jun, 2015 12:00am
Rangers kill two gang war suspects

Rangers kill two gang war suspects

Sindh Rangers killed two notorious criminals in an of fire exchange and recovered arms from their possession during a crackdown here on Sunday. Rangers conducted a raid in Gul Muhammad Lane of Lyari during which an exchange of fire took place between the
Published 15 Jun, 2015 12:00am
Tahir Hassan Qureshi appointed CEO of ABL

Tahir Hassan Qureshi appointed CEO of ABL

The Board of Directors of Allied Bank Limited has appointed Tahir Hassan Qureshi as the new Chief Executive Officer effective June 17, 2015, subject to approval of the State Bank of Pakistan. Qureshi, who is currently the Chief, Finance Group and Chief Fi
Published 15 Jun, 2015 12:00am
Child injured in hand-grenade attack

Child injured in hand-grenade attack

A child sustained injuries in a hand grenade explosion in a house carried out by unknown assailants in Sariab area, late on Saturday night. Police said that unknown men hurled a hand grenade at the house of Mir Javed in Sariab road area which exploded, le
Published 15 Jun, 2015 12:00am
Judicious water supply through valve operation directed

Judicious water supply through valve operation directed

Managing Director Karachi Water & Sewerage Board Syed Hashim Raza Zaidi has directed all the chief engineers to make water supply judicious through valve operation so that it could be supplied in every nook and corner of the city. He also issued directive
Published 15 Jun, 2015 12:00am
JUI-F decides to continue protest against KP vote rigging

JUI-F decides to continue protest against KP vote rigging

Jamiat Ulema-e-Islam-Fazl (JUI-F) Khyber Pakhtunkhwa has decided to continue protest against rigging in local bodies' polls and fully participate in the public meeting to be held under the auspices of Tri-Party Alliance in provincial capital on June 16 (T
Published 15 Jun, 2015 12:00am
Agios leukemia drug demonstrates impressive response rate: study

Agios leukemia drug demonstrates impressive response rate: study

Forty percent of patients, most with a particularly aggressive form of leukemia, responded to an experimental Agios Pharmaceuticals Inc drug, including several who experienced complete remission, according to data presented at a medical meeting on June 12
Published 15 Jun, 2015 12:00am
'One dose of cervical cancer vaccine may suffice'

'One dose of cervical cancer vaccine may suffice'

A single dose of GlaxoSmithKline's human papillomavirus (HPV) vaccine could prevent the majority of cervical cancers, saving money and improving uptake of a potentially life-saving vaccination, scientists said on June 10.
Published 15 Jun, 2015 12:00am
Protecting the ocean could boost economy by $900 billion: WWF

Protecting the ocean could boost economy by $900 billion: WWF

More than $920 billion could be generated by 2050 and 180,000 jobs created by expanding the ocean's protected zones, according to a study published by conservation group WWF. "Every dollar invested to create marine protected areas - commonly known as MPAs
Published 15 Jun, 2015 12:00am
Number of child cancer survivors quadruples in US, Canada

Number of child cancer survivors quadruples in US, Canada

Modern medicine has made huge strides when it comes to treating children with cancer, and four times as many youths now survive cancer compared to decades ago, researchers said. Life expectancy after a battle with pediatric cancer is also longer than it u
Published 15 Jun, 2015 12:00am
Detergents linked to genital defects in babies

Detergents linked to genital defects in babies

Pregnant women regularly exposed to a range of detergents, solvents and pesticides have a substantially greater risk of giving birth to boys with genital deformities, according to a new French study. The research, led by two professors at the Regional Uni
Published 15 Jun, 2015 12:00am
Mediterranean diet at risk as globalisation bites

Mediterranean diet at risk as globalisation bites

Eating a Mediterranean diet has long been a byword for healthy living, but the very people who coined it are straying from sun-kissed fruits and legumes and their waistlines are paying the price. The region is undergoing a "nutrition transition" from trad
Published 15 Jun, 2015 12:00am
Higher temperatures drive risk of flash floods

Higher temperatures drive risk of flash floods

Warmer temperatures have a dramatic effect on rainfall patterns, heightening the risk of flash floods, according to an Australian study published on June 08. In research published in the journal Nature Geoscience, civil engineers at the University of New
Published 15 Jun, 2015 12:00am
Creativity, psychosis share genetic source: study

Creativity, psychosis share genetic source: study

Artistic creativity may share genetic roots with schizophrenia and bipolar disorder, according to a study published on June 08. The research, published in the journal Nature Neuroscience, delves into a well-known genetic database - the deCODE library of D
Published 15 Jun, 2015 12:00am
Modern housing could cut risk of malaria by up to half

Modern housing could cut risk of malaria by up to half

Modernising mud huts and other traditional housing could significantly cut the risk of malaria for people living in some of the highest risk areas of Africa, Asia and South America, according to new research. Scientists who studied the impact of types of
Published 15 Jun, 2015 12:00am
China tech giant Baidu to develop driverless car: media

China tech giant Baidu to develop driverless car: media

Chinese search engine giant Baidu plans to develop a driverless car, according to domestic media reports, following in the footsteps of fellow technology firm Google. Several Chinese technology firms, including e-commerce company Alibaba and WeChat messag
Published 15 Jun, 2015 12:00am
Japan firm sells human pillow cellphone holder

Japan firm sells human pillow cellphone holder

What's shaped like your friend and even sounds like your friend, but isn't actually your friend? Why, a human-shaped pillow with a slot in its head for a cellphone, of course. One Japanese venture is looking to solve that problem of feeling distant when s
Published 15 Jun, 2015 12:00am
New from Google: smarter photo app and helpful smartphones

New from Google: smarter photo app and helpful smartphones

Google has unveiled smarter software, including a new photo service that automatically sorts photos based on their content. Google Photos will be free and unlimited, the search engine company said. Google Photos will be accessible via Android devices of c
Published 15 Jun, 2015 12:00am
Regular backups protect against total data loss

Regular backups protect against total data loss

If a hard drive fails, experts can usually save only a portion of the data saved on it and even that costs time and money, so it makes sense to regularly back up your data. Fortunately, the two major desktop operating systems, Windows and Mac OS X, have i
Published 15 Jun, 2015 12:00am
Twitter looks at on-phone apps to target new pitches

Twitter looks at on-phone apps to target new pitches

Twitter on Wednesday launched a tool that takes into account what apps are on a smartphone or tablet when targeting pitches for other mini-programs people might want. "Installed app category targeting" lets advertisers aim marketing messages at people bas
Published 15 Jun, 2015 12:00am
Messenger app tops a billion downloads at Google Play

Messenger app tops a billion downloads at Google Play

Facebook crowed Tuesday that an Android version of its Messenger app has been downloaded more than a billion times from the Google Play store. "Happy to make it to the very exclusive Android 1 billion+ downloads club," the head of the Messenger team David
Published 15 Jun, 2015 12:00am
Microsoft fuels workplace brainstorming with Hub

Microsoft fuels workplace brainstorming with Hub

Microsoft on Wednesday set out to boost workplace collaboration with a giant Surface Hub touch screen tailored for brainstorming. The touch-screen Surface Hub monitors powered by coming generation Windows 10 software were pitched as affordable tools to ma
Published 15 Jun, 2015 12:00am
Facebook now able to encrypt its email alerts to your mailbox

Facebook now able to encrypt its email alerts to your mailbox

There have been many privacy issues raised about Facebook over the years, but the US company clearly does know how to protect your privacy when it wants. The internet giant has just upped the ante by allowing its clients to receive the company's email ale
Published 15 Jun, 2015 12:00am
Apple Maps cars hit the road

Apple Maps cars hit the road

Apple Wednesday confirmed that it's deploying camera-equipped cars to improve Apple Maps and create a Google StreetView rival. The cars had been spotted across the US earlier this year, but there was mystery about them.
Published 15 Jun, 2015 12:00am
Nordic telecom group invests in Spotify

Nordic telecom group invests in Spotify

Nordic telecommunications group TeliaSonera said Wednesday it was investing 115 million dollars into streaming music service Spotify as part of a strategic partnership. TeliaSonera was to get a 1.4-per-cent stake in the digital music provider, suggesting
Published 15 Jun, 2015 12:00am
Document scanner Office Lens now available for Android

Document scanner Office Lens now available for Android

Office Lens, a document scanner app from Microsoft, is now available for Android devices. The smartphone app takes pictures of documents and allows them to be saved in a variety of formats, including PDF or docx. It also has a text-recognition function. T
Published 15 Jun, 2015 12:00am
Protective cases, swapping batteries, extend mobile lifespans

Protective cases, swapping batteries, extend mobile lifespans

There are plenty of reasons to keep your mobile device ticking for as long as possible. First, it saves money if you don't have to keep buying new ones. Moreover, every mobile is full of rare metals, meaning that you save global resources if you don't kee
Published 15 Jun, 2015 12:00am
DIFC aims to triple number of firms by 2024

DIFC aims to triple number of firms by 2024

Dubai International Financial Centre (DIFC) said on June 10 it would triple the number of finance firms in the free zone by 2024, aiming to entrench its position as the Middle East's most prominent banking hub, despite growing competition.
Published 15 Jun, 2015 12:00am
S&P lowers ratings of Barclays, Deutsche, RBS

S&P lowers ratings of Barclays, Deutsche, RBS

Ratings agency Standard & Poor's downgraded several UK and German banks, including Deutsche Bank AG and Barclays Plc, saying it considers government support for these banks to be uncertain. The rating arm of McGraw Hill Financial Inc downgraded Germany's
Published 15 Jun, 2015 12:00am
StanChart Kenya to cut bad debts below 5pc in 2015: CEO

StanChart Kenya to cut bad debts below 5pc in 2015: CEO

Standard Chartered Bank of Kenya aims to bring bad debts down to below 5 percent of its loan book by the end of this year from 7 percent in the first quarter, its chief executive said. Bad debts at the Kenyan division of Standard Chartered Plc jumped to 1
Published 15 Jun, 2015 12:00am
Airbus' long-range A321neo draws interest: BOC CEO

Airbus' long-range A321neo draws interest: BOC CEO

Airline executives are showing increasing interest in a new version of Airbus' A321neo jetliner, in a further sign that the forthcoming plane is taking the battle to Boeing, lessor BOC Aviation Chief Executive Robert Martin said.
Published 15 Jun, 2015 12:00am
BMW passenger car sales rise four percent

BMW passenger car sales rise four percent

BMW passenger car sales of its core brand rose 4 percent in May to 159,129 vehicles, helped by strong demand in the Americas and an ongoing recovery in the European car market while growth in China remained anaemic. Sales of BMW, Mini and Rolls-Royce vehi
Published 15 Jun, 2015 12:00am
Tokio Marine to buy HCC Insurance for $7.5 billion

Tokio Marine to buy HCC Insurance for $7.5 billion

Tokio Marine Holdings Inc said on June 10 it had agreed to buy US specialty insurer HCC Insurance Holdings Inc for $7.5 billion, in what would be the biggest M&A deal this year by a Japanese company. Tokio Marine, Japan's biggest insurer by market value,
Published 15 Jun, 2015 12:00am
Boeing boosts 20-year forecast

Boeing boosts 20-year forecast

Boeing Co boosted its 20-year forecast for aircraft demand by 3.5 percent on June 11, predicting two out of every five new jets will feed Asia's booming travel market. The US planemaker expects airlines and freight firms to take delivery of 38,050 jets wo
Published 15 Jun, 2015 12:00am
Twitter CEO Costolo out as growth pressure mounts

Twitter CEO Costolo out as growth pressure mounts

Twitter chief executive Dick Costolo is surrendering his post, handing the reins back to co-founder Jack Dorsey as the popular service struggles to boost its ranks of users. Costolo will step down on July 1, and Dorsey will take back the Twitter chief job
Published 15 Jun, 2015 12:00am
Ashwin stars as India-Bangladesh Test drawn

Ashwin stars as India-Bangladesh Test drawn

Ravichandran Ashwin grabbed a five-wicket haul as India enforced the follow-on before the rain-ruined Test against Bangladesh ended in an inevitable draw in Fatullah on Sunday. After the entire morning session was washed out, India bowled out Bangladesh f
Published 15 Jun, 2015 12:00am
Kiwis beat England

Kiwis beat England

Kane Williamson and Ross Taylor both scored hundreds in a record-breaking stand as New Zealand beat England by three wickets in the third one-day international at the Rose Bowl on Sunday to go 2-1 up in the five-match series. New Zealand, chasing 303 for
Published 15 Jun, 2015 12:00am
PepsiCo in new accord with UEFA Champions League

PepsiCo in new accord with UEFA Champions League

PepsiCo's flagship global brands Lay's, Gatorade and Pepsi MAX/Pepsi are joining forces with the UEFA Champions League as PepsiCo on Sunday announced a new partnership with the prestigious European club football tournament.
Published 15 Jun, 2015 12:00am
Blatter may seek to stay as FIFA boss

Blatter may seek to stay as FIFA boss

Sepp Blatter may seek to stay on as the president of FIFA, a Swiss newspaper reported on Sunday, less than two weeks after Blatter said he would step down over a major corruption scandal at the organisation. However, Domenico Scala, the official overseein
Published 15 Jun, 2015 12:00am
Singapore women claim floorball gold

Singapore women claim floorball gold

Singapore's women survived an almighty scare before edging out Thailand in a penalty shootout after the teams had played out a thrilling 3-3 draw in the Southeast Asian Games floorball final in front of an ecstatic home crowd on Sunday.
Published 15 Jun, 2015 12:00am
Nadal wins Stuttgart grass title

Nadal wins Stuttgart grass title

Rafael Nadal defeated Viktor Troicki 7-6 (7/3), 6-3 on Sunday to become the first man to win clay and grass titles at the Stuttgart Open. The Spanish top seed set another minor career record, adding the grass honours to his clay successes in 2005 and 2007
Published 15 Jun, 2015 12:00am
World Cup joy for Brazil and England, but France shocked

World Cup joy for Brazil and England, but France shocked

Brazil became the second team to qualify for the knockout round of the women's World Cup on Saturday and England picked up a big win, but France suffered a shock defeat that could make their life at the tournament tougher.
Published 15 Jun, 2015 12:00am
Australia demolish hapless West Indies for Test sweep

Australia demolish hapless West Indies for Test sweep

Australia demolished hapless West Indies on the fourth day of the second and final Test at Sabina Park on Sunday, routing the home side for 114 to win by 277 runs and take the series 2-0. Off-spinner Nathan Lyon formalised the result with the wickets of K
Published 15 Jun, 2015 12:00am
Etihad Airways eyes $1 billion through debut bond issue

Etihad Airways eyes $1 billion through debut bond issue

Etihad Airways is in talks with potential investors, seeking to raise around $1 billion through a debut bond issue, sources aware of the matter told Reuters on Sunday. The Abu Dhabi government-owned airline is planning to launch its bond through a unit or
Published 15 Jun, 2015 12:00am
Etihad Airways eyes $1 billion through debut bond issue

Etihad Airways eyes $1 billion through debut bond issue

Etihad Airways is in talks with potential investors, seeking to raise around $1 billion through a debut bond issue, sources aware of the matter told Reuters on Sunday. The Abu Dhabi government-owned airline is planning to launch its bond through a unit or
Published 15 Jun, 2015 12:00am
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