Continuing on its path for Corporate Reporting excellence, Maple Leaf Cement has won the South Asian Federation of Accountants (SAFA) Best Presented Annual Report Award 2014 in the Manufacturing Sector category.
The Supreme Court (SC) is likely to indict Inspector General of Police (IGP) Sindh Ghulam Haider Jamali on Tuesday (February 2) for retention and absorption of an officer on deputation into the provincial Anti-Corruption Department (ACD) in violation of t
Iran's supreme leader has awarded medals to navy commanders for capturing US sailors who entered Iranian territorial waters this month, Iran's state media said on Sunday. Ayatollah Ali Khamenei, who has said Iran should remain wary of its arch-enemy the U
A stricken cargo ship drifting on its side off the French Atlantic coast will run aground in south-west France if a renewed attempt to tow it to port fails on Monday, a French maritime official said.
At least three men were killed in a village in Kenya's coastal Lamu county in the early hours of Sunday during a raid by al Shabaab Islamist militants, police and the group said. Gunmen speaking Somali came to Pandanguo village searching for men, a surviv
At least 65 people were killed during an attack by Islamist militant group Boko Haram near Nigeria's north-eastern city of Maiduguri, a Reuters reporter said after counting bodies at a hospital morgue.
Swiss doctors have separated eight-day-old conjoined twin sisters fused at the liver and chest - the youngest ever successfully separated, a Swiss paper reported Sunday. Five surgeons, assisted by two nurses and six anaesthesiologists, carried out the suc
Two Ukrainian soldiers have been killed in the country's war-torn east where government forces are seeking to put down a pro-Russian insurgency, the first reported casualties in nearly three weeks, Ukraine's military said Sunday, "Over the last day, as a
Ethiopia is struggling with its worst drought for 30 years, with millions in dire need of life-saving aid, UN Secretary-General Ban Ki-moon warned Sunday. At least 10.2 million people need food aid in Ethiopia, a figure the UN has warned could double with
Gunmen killed two Saudi policemen on Sunday in an attack in the eastern Qatif region, home to the kingdom's Shia minority, police said. The two officers were escorting a truck used for transporting cash when they came under "heavy gunfire from unknown att
The former president of El Salvador, Francisco Flores, 56, died on Saturday after suffering a stroke as he waited to face trial over embezzlement charges. Flores ruled the Central American nation from 1999 to 2004 and he had been operated on last Sunday a
The United States and its allied targeted Islamic State militants in Iraq with 18 strikes on Friday and five strikes in Syria, the U.S. military said on Sunday. Four of the strikes in Iraq were near Mosul, destroying two Islamic State heavy machine guns,
A delegation from Iraq's cash-strapped Kurdistan region agreed on Sunday with the government in Baghdad to cooperate on reforms aimed at dealing with an acute economic crisis afflicting them both. The Kurdistan Regional Government (KRG) and federal author
An Indonesian research institute said Sunday it had found one positive Zika case on Sumatra island, adding that the virus has been circulating in the country "for a while". Indonesia's health ministry could not immediately comment on the report by the Eij
A Palestinian opened fire at a West Bank checkpoint Sunday, wounding three Israeli soldiers before being shot dead, as four months of violence cast doubt on fresh peace talks efforts.
Belgium has charged three people with trying to go to Syria and join jihadists there, the federal prosecutor's office said Sunday. Police arrested four people on Saturday after raids in Jumet, near the southern city of Charleroi, on suspicion that they pl
At least 12 people, including three children, perished in a fire in a Moscow factory that caused the roof to collapse, Russian authorities said on Sunday. Investigators said the blaze engulfed an area covering 3,000 square metres (over 32,000 square feet)
Stock market investors who spent January swayed by oil prices, economic weakness in China and central bank speculation may continue to do that next week, even though it should be a dramatic one for earnings reports and economic data. Fourth-quarter 2015 e
Ford Motor Credit's new US $1.05 billion prime auto bond deal sailed through the market on Wednesday as investors fled bleak market conditions to pour money into short, safe-haven bonds.
Ford Motor Credit's new US $1.05 billion prime auto bond deal sailed through the market on Wednesday as investors fled bleak market conditions to pour money into short, safe-haven bonds.
Interbank buy/sell rates for the taka against the dollar on Sunday. 78.50-78.50 (previous 78.50-78.52). 02.00-04.50 percent (* Previous 02.00-04.50 percent). (* revised).
British investors reduced their equity holdings and sought safety in cash in January, a Reuters poll showed on Friday, after nearly $8 trillion was wiped off global stock markets at the start of the year. Asset managers cut their overall equity holdings b
British investors reduced their equity holdings and sought safety in cash in January, a Reuters poll showed on Friday, after nearly $8 trillion was wiped off global stock markets at the start of the year. Asset managers cut their overall equity holdings b
China-focused funds in Hong Kong are adopting measures to improve how they cope with liquidity shocks from Chinese markets after the securities regulator found some investors were unfairly treated during last year's market rout.
China-focused funds in Hong Kong are adopting measures to improve how they cope with liquidity shocks from Chinese markets after the securities regulator found some investors were unfairly treated during last year's market rout.
The Egyptian pound held steady against the dollar at an official foreign currency auction on Sunday but strengthened on the black market. Egypt, which depends on imports for its food and energy, is facing a foreign currency crisis and authorities are unde
The Philippine government plans to swap at least $1.25 billion worth of dollar-denominated bonds this year to extend maturities, a senior government official said on Wednesday. The bond swap may be done at the same time the government goes to the offshore
The Philippine government plans to swap at least $1.25 billion worth of dollar-denominated bonds this year to extend maturities, a senior government official said on Wednesday. The bond swap may be done at the same time the government goes to the offshore
Gulf stock markets rose sharply for a second straight trading day on Sunday after oil prices surged at the end of last week, though the Egyptian bourse closed far from its highs on persisting concern over the risk of currency depreciation. Oil prices rebo
A handful of mainly US-based macro hedge funds have led bets against China's yuan since late last year and the coming weeks should tell how right they are in predicting a devaluation of between 20 and 50 percent.
A handful of mainly US-based macro hedge funds have led bets against China's yuan since late last year and the coming weeks should tell how right they are in predicting a devaluation of between 20 and 50 percent.
A rebound in oil prices this month could test the nerves of investors in European oil refiners, a sector that has sparkled as cheap crude fattened profit margins. One-and-a-half years of plummeting oil prices has left refiners like Finland's Neste and Ita
BlackRock Inc said on Friday it will change the benchmarks on four iShares Treasury exchange-traded funds (ETFs) from Barclays' Treasury bond indexes to ICE's Treasury bond indexes, effective on or after March 31.
BlackRock Inc said on Friday it will change the benchmarks on four iShares Treasury exchange-traded funds (ETFs) from Barclays' Treasury bond indexes to ICE's Treasury bond indexes, effective on or after March 31.
Jeffrey Gundlach, co-founder and chief executive of DoubleLine Capital, said on Wednesday that the major declines in equity and credit markets could suggest that "margin calls are going on."
Jeffrey Gundlach, co-founder and chief executive of DoubleLine Capital, said on Wednesday that the major declines in equity and credit markets could suggest that "margin calls are going on."
Israel should find ways to raise revenue through higher taxes to lower its public debt burden that is expected to remain stagnant in the next two years, the Organisation for Economic Cooperation and Development said on Sunday.
Banking regulation needs to speak one language, the head of the European Central Bank's supervisory watchdog was quoted as saying on Sunday, adding that differing interpretations of the same regulations had created some distortions in the euro area.
Bahrain's Al Baraka Islamic Bank plans to open a Shariah-compliant bank in France next year as the lender seeks to expand into Europe, Chief Executive Adnan Ahmed Yousif said on Sunday.
Kuwaiti low-cost carrier Jazeera Airways could set up a long-haul service with a foreign partner as an alternative to buying a stake in national carrier Kuwait Airways, whose privatisation has hit long delays. Jazeera Chairman Marwan Boodai told Reuters h
Volkswagen is not under pressure to sell its trucks business to raise cash as it faces billions of euros in costs after admitting to rigging emissions tests, management board member Andreas Renschler told a German newspaper.
Egypt has raised tariff rates on a wide range of imports, the official Gazette said on Sunday, the latest effort by the authorities to curb dollar spending on imports as the country struggles through a currency crisis. Egypt, which relies heavily on impor
Egypt has raised tariff rates on a wide range of imports, the official Gazette said on Sunday, the latest effort by the authorities to curb dollar spending on imports as the country struggles through a currency crisis. Egypt, which relies heavily on impor
Egypt rejected a French wheat shipment it said did not meet strict new import rules, rattling traders who said the move could drive up the cost of supplying the world's largest buyer and endanger its ability to provide its poorest citizens bread.
Saudi Arabia was not the source of a proposal to cut oil production that Russia was studying, al-Arabiya television reported on Sunday, quoting an unnamed Saudi source. But the kingdom, the world's biggest oil exporter, wanted to cooperate with other prod
South Korea said on Sunday it plans to introduce next year the omnibus account system that it hopes will help save the cost while enhancing convenience for foreign investors in the local stock markets. The government also hopes the move will help the coun
Iraq's Etihad sugar refinery, which came onstream in February 2015, said on Sunday it was looking to double its production capacity to export to Syria and Turkey. "With the planned expansion we can cover our increasing domestic demand and export to Syria
First Gulf Bank, the largest lender by market value in the United Arab Emirates, beat estimates on Sunday as it reported an 11 percent rise in fourth-quarter profit.
Iran's government plans to increase its issues of short-term Islamic bonds this year, aiming to rejuvenate the domestic debt market and help reduce local firms' reliance on loans from a debt-laden banking sector.
Iran's government plans to increase its issues of short-term Islamic bonds this year, aiming to rejuvenate the domestic debt market and help reduce local firms' reliance on loans from a debt-laden banking sector.
A record partnership by Martin Guptill and Kane Williamson gave New Zealand victory with two balls to spare in a tense third one-dayer against Pakistan in Auckland on Sunday. The three-wicket win in the rain-abridged match also wrapped up the series for N
Iraqis set off fireworks and took to the streets to celebrate their football team qualifying for the Olympics, a rare unifying bright spot for a country plagued by violence and division.
In a stunning run chase India won their third and final Twenty20 match against Australia off the last ball on Sunday to take the series 3-0. Australia made a formidable 197 for five but India replied with 200 for three against an inexperienced attack.
Former Australian captain Michael Clarke will end his self-imposed exile from cricket with a club match next month, opening the way for a possible return to first class action, primarily in the Twenty20 format.
Manchester United's players are responsible for their indifferent form this season, and not embattled manager Louis van Gaal, according to captain Wayne Rooney.
World number one Novak Djokovic hammered a misfiring Andy Murray in straight sets to win a record-equalling sixth Australian Open title and strengthen his grip on men's tennis on Sunday. The Serbian world number one swept to a 6-1, 7-5, 7-6 (7/3) victory
Gonzalo Higuain hit his 22nd goal in as many Serie A games to keep his record-chasing quest intact on Sunday as Napoli reclaimed top spot with a 5-1 drubbing of Empoli.
A concealed motor was found on a bike being used by Belgian cyclist Femke Van den Driessche at the world cyclo-cross championships, the head of the International Cycling Union (UCI) said on Sunday, confirming the first such case at a top-level competition
Health-conscious consumers snapping up everything from electric toothbrushes to kitchen appliances drove up 2015 profits at electronics giant Philips as it seeks to spin off its historic lighting business. Posting last year's earnings results, the Dutch g
Health-conscious consumers snapping up everything from electric toothbrushes to kitchen appliances drove up 2015 profits at electronics giant Philips as it seeks to spin off its historic lighting business. Posting last year's earnings results, the Dutch g
Visa Inc, the world's largest payments network operator, reported a better-than-expected quarterly profit, as payment volumes increased, sending the company's shares up 2 percent in extended trading. The company said on January 27 that its net income rose
Swedish mobile telecom equipment maker Ericsson said sales in China recovered while business in North America remained stable as it posted fourth-quarter operating profit above market expectations boosted by patent fees on January 27. The fourth quarter c
Swedish mobile telecom equipment maker Ericsson said sales in China recovered while business in North America remained stable as it posted fourth-quarter operating profit above market expectations boosted by patent fees on January 27. The fourth quarter c
Ford reported on January 28 a jump in annual profits as it benefited from the US auto boom, a return to profitability in Europe and an accounting change in pension expenses. Annual profits were $7.4 billion, up from $1.8 billion in 2014 as revenues rose 3
Vodafone Qatar plans to review its costs in an effort to maintain margins, it said after reporting widening losses for a fifth straight quarter on January 26. The telecoms operator has yet to make a quarterly profit, more than six years since ending state
Brazilian petroleum giant Petrobras said on January 28 it will cut 30 percent of its senior executives as part of a restructuring plan aimed at saving $450 million a year. The flagship state-owned company has been in deep trouble since 2014, with plunging
As red-hot sales in China show signs of cooling, Apple Inc executives are touting India's growing appetite for iPhones. In an earnings call in which the company reported meager iPhone growth and forecast its first revenue drop in 13 years, the Indian mark
Blackstone Group, the world's largest alternative asset manager, said on January 28 it is seizing on the market turmoil to make new investments, as it posted disappointing fourth-quarter earnings due partly to falling oil prices. Armed with nearly $80 bil
Blackstone Group, the world's largest alternative asset manager, said on January 28 it is seizing on the market turmoil to make new investments, as it posted disappointing fourth-quarter earnings due partly to falling oil prices. Armed with nearly $80 bil
Diamond giant De Beers said on January 26 it sold $540 million (498 million euros) of rough diamonds in its first sale of the year, more than doubling the earnings of its final sale of 2015. "Rough diamond sales during the first cycle of the year improved
Diamond giant De Beers said on January 26 it sold $540 million (498 million euros) of rough diamonds in its first sale of the year, more than doubling the earnings of its final sale of 2015. "Rough diamond sales during the first cycle of the year improved
Net profits jumped 73 percent at Novartis last year to $17.7 billion (16.1 billion euros) thanks to asset sales, the Swiss pharmaceutical giant said on January 27, but without the disposals its performance flagged. Excluding asset sales net profits at the
Net profits jumped 73 percent at Novartis last year to $17.7 billion (16.1 billion euros) thanks to asset sales, the Swiss pharmaceutical giant said on January 27, but without the disposals its performance flagged. Excluding asset sales net profits at the
Net profits jumped 73 percent at Novartis last year to $17.7 billion (16.1 billion euros) thanks to asset sales, the Swiss pharmaceutical giant said on January 27, but without the disposals its performance flagged. Excluding asset sales net profits at the
A couple of little-known apps for laptops enable you to document those annoying dead zones in your home where WiFi doesn't work properly, and they also work in an office, cafe, airport or any other area. Both require you to upload a room plan first and th
Norway on Friday launched a competition to develop a smartphone app to help Syrian children who are unable to attend school because of the war build basic Arabic literacy skills, the foreign minister said.
Accidentally drop the latest Leica in a lake during your sightseeing travels and it will be comforting to know that the camera can sink 15 metres underwater and still come up ready to take more photos. Leica, maker of some of the world's sleekest cameras,
The typical household today has a lot of electronic devices - TVs, DVD and Blu-ray players, and music systems to name just a few. And in the networked house more and more devices are being added all the time - lamps, blinds, surveillance cameras.
Google is granting itself an excessive right to scan messages passing through its Gmail system, a consumer watchdog is charging, because the search giant isn't just looking for spam and viruses. The US web giant also analyses the emails to create personal
Some industries have been transformed by the internet within a matter of years, but television is one that's proven harder to crack. Most people still watch TV as they did years ago, with channel numbers listed on the remote control, commercial breaks, fi
More than 1.4 billion smartphones were shipped world-wide last year in a new high for the sector with Chinese handset makers racking up the biggest gains, an industry tracker said Wednesday. Global smartphone shipments for 2015 jumped slightly more than 1
Carlos Espinosa, a design professional based in Boulder, Colorado, has a completely decked-out "smart" home - light switches he can control from his mobile phone, a security system, moisture detectors that alert him to leaks and integrated stereo speakers
In reporting better-than-expected fiscal second-quarter earnings on Thursday, Microsoft Corp CEO Satya Nadella touted his company's success in the cloud.
A record-breaking string of hot years since 2000 is almost certainly a sign of man-made global warming, with vanishingly small chances that it was caused by random, natural swings, a study showed on January 25.
Researchers have for the first time witnessed how a single cell can change and give rise to cancer, raising hopes that scientists may discover a way to stop tumors before they start. The study was led by doctors at Boston Children's Hospital and is based
A German-led research expedition in Antarctica that is searching for geological traces of the supercontinent Gondwana has begun its work. The researchers have taken up position about 1,700 kilometres from the South Pole on an isolated peak of rock project
When it comes to guarding against illnesses, many people swear by vitamin C and rightly so, according to a German physician. "We need it for our body's defences," remarked Dr Klaus Schaefer, a general practitioner in Hamburg, who explained it stabilised i
Childhood obesity has reached alarming rates globally and become an "exploding nightmare" in the developing world, including Africa where the number of obese and overweight children under five has nearly doubled since 1990, a WHO commission said on Januar
Zika virus is spreading rapidly through the Americas leaving researchers scrambling to understand the very basics, including how to prevent, treat and diagnose the emerging mosquito-borne threat.
The number of countries and territories in the Americas reporting cases of the mosquito-borne Zika virus rose to 22 on January 26, more than double the number a month ago, according to the Pan American Health Organisation (PAHO).
2,764 candidates appeared in the entry test conducted at Public School, Latifabad, for admission to Sindh Agriculture University (SAU), Tandojam, for the academic year 2015-16, on Sunday. The candidates for admissions in Shaheed Zulfiqar Ali Bhutto Agricu
Three suspected terrorists were killed during a search operation in Hazar Ganji area in the wee hours of Sunday. The operation was conducted by security forces and intelligence agencies against terrorists involved in various acts of terrorism.
A man was killed when he was hit by a train while crossing an unfenced railway crossing near Chanesar Halt. According to rescue sources, the victim was identified as Shahbaz, 45, son of Arshad. The body was shifted to Jinnah Postgraduate Medical Center (J
Chief Minister Sindh, Syed Qaim Ali Shah, has said that postings of police officials on merit and high morale demonstrated by police and other law enforcement agencies' personnel have greatly helped reduce incidents of terrorism and other crimes across th
The Parliamentary Committee on China Pakistan Economic Corridor (CPEC) led by Senator Mushahid Hussain Sayed visited ongoing CPEC projects in Sindh from January 28-30. The committee on first day visited Port Qasim coal power project, which has been progre
The government has committed to the International Monetary Fund (IMF) to ensure a cut of 40 percent in the Rs 817 billion consolidated budgeted provincial annual development plans (ADPs) for the current fiscal year restricting it to Rs500 billion.
Chairman Pakistan People's Party, Bilawal Bhutto Zardari Sunday said that establishment of Police Emergency Response Centre 911 should be completed on war footing basis.This he said while visiting the SSU headquarters along with Sindh Home Minister Sohail
A small fishing vessel was gutted in an intense and frightening blaze at Fisheries in Karachi early Sunday morning. According to Fish Harbour Authority, the fire erupted in a pile of garbage which engulfed a fishing vessel standing nearby, destroying it c
Advisor to Sindh Chief Minister on Information, Moula Bux Chandio has said that a opposition grand alliance made against the PPP would not be able to harm it (PPP) as such alliances were also formed in the past but they were always rejected by the people