Rangers on Sunday raided Muttahida Qaumi Movement (MQM) Sector Offices in Hyderabad, and arrested three senior party members, including a former provincial minister Syed Sohail Mashhadi.
US actor Robert De Niro is involved in a project to build a new luxury hotel in the heart of London, he has revealed. The 83-room Wellington Hotel project, if approved, would be built in Covent Garden and is expected to feature a spa and two restaurants.
The government of Bahrain has privately placed a $435 million, three-year sukuk issue in a deal arranged by Noor Bank, Bank ABC and Kuwait Finance House, a source with direct knowledge of the deal said on Sunday. The deal was priced in the area of 325 bas
The government of Bahrain has privately placed a $435 million, three-year sukuk issue in a deal arranged by Noor Bank, Bank ABC and Kuwait Finance House, a source with direct knowledge of the deal said on Sunday. The deal was priced in the area of 325 bas
Google faces a record antitrust fine of around 3 billion euros ($3.4 billion) from the European Commission in the coming weeks, British newspaper The Sunday Telegraph said. The European Union has accused Google of promoting its shopping service in Interne
Narendra Modi was elected two years ago this week promising to ease India's notorious red tape and unpack regulatory tangles, but for foreign firms, doing business in the world's fastest-growing large economy can still be a costly headache.
Vietnam's Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages, the same technique at the heart of February's massive theft from the Bangladesh central bank.
Egypt's unemployment rate eased slightly in the first quarter of 2016 to 12.7 percent from 12.8 percent in the previous quarter as well as the same quarter a year earlier, the statistics agency said on Sunday. Analysts believe actual unemployment may be h
The European Central Bank has become too powerful, but largely because politicians have foisted an increasingly political role onto it, one of the German government's key economic advisors said in a newspaper interview Sunday.
Italy's health minister is proposing doubling a 'baby bonus' incentive for couples to have more children to combat what she calls a catastrophic decline in the country's birth rate.
Abu Dhabi's state-owned National Oil Co (ADNOC) plans to cut 5,000 jobs by the end of the year, and 2,000 of the lay-offs have already been carried out, Middle East news service MEED reported on Sunday. ADNOC has roughly 55,000 staff. Many companies in Ab
Nigeria's central bank denied a report that it planned to devalue the naira, while the International Monetary Fund (IMF) reiterated that Nigeria would benefit from a more flexible exchange rate but said no request for funds had been made. Talk of a devalu
A group of professors and entrepreneurs filed a complaint against the European Central Bank's monetary policy this week at Germany's top court, the Welt am Sonntag newspaper said, as German criticism of the ECB grows louder. A complaint would open a new c
Brazil's government is considering selling stakes in state-controlled assets including its postal company as well as holdings in transport, power and insurance firms in a bid to raise capital and streamline the public sector, a newspaper reported on Sunda
Jordon Ibe's superb goal gave a much-changed Liverpool side a 1-1 draw at West Bromwich Albion on Sunday's final day of the Premier League season. Three days before the Reds face Sevilla in the Europa League final in Basel, their manager Jurgen Klopp made
In little under two years with Barcelona, Luis Suarez has won six trophies, silenced his critics with almost impeccable on-field behaviour and now, most remarkably of all, left Lionel Messi and Cristiano Ronaldo in his shadow.
Police ordered Manchester United to abandon their final Premier League game of the season against Bournemouth on Sunday after a suspicious package was discovered at Old Trafford. Tens of thousands of fans were ordered from the 75,600 capacity stadium when
Zlatan Ibrahimovic headed home a minute from time to break Paris Saint-Germain's single season Ligue 1 scoring record in a 4-0 rout of Nantes on Saturday. With the title long wrapped up and a French Cup final against bitter rivals Marseille to come a week
German sportswear giant Adidas will continue sponsoring FIFA, despite the corruption allegations dogging the bidding process for the 2006 World Cup, the group's supervisory board chief said on Sunday.
Teenager Max Verstappen became Formula One's youngest winner on Sunday when he took full advantage of a spectacular first lap crash that eliminated both Mercedes cars to claim a memorable triumph in the Spanish Grand Prix.
Britain's Andy Murray celebrated his 29th birthday in style Sunday by winning his maiden Rome Masters title with a hard-fought win over disgruntled world number one Novak Djokovic.
Anthony Ervin, an Olympic champion in 2000 as a teen at Sydney, won the men's 50-meter freestyle Saturday at the US Pro Swim Series meet in Charlotte, North Carolina. The 34-year-old American, who won the world 50 and 100 free titles in 2001 at Fukuoka, c
Russian sports minister Vitaly Mutko apologised on Sunday for the doping scandal that threatens the athletic superpower's participation in the Rio Olympics. Mutko, writing in The Sunday Times, admitted the Russian Athletics Federation and athletes had mad
Serena Williams has tipped Madison Keys to succeed her as world number one after a 7-6 (7/5), 6-3 Italian Open victory that handed the 21-time Grand Slam champion her first title of the season. It was the first all-American WTA claycourt final since Willi
British filmmaker Andrea Arnold said Sunday the "shocking" poverty she saw travelling across America drove her to make her Cannes contender, and appreciate the relatively intact state of her own country's social safety net.
Foxconn founder Terry Gou said there would have to be layoffs at Sharp Corp to turn around the ailing Japanese company, but pledged that wages would rise and profit-sharing would again be the norm.
Foxconn founder Terry Gou said there would have to be layoffs at Sharp Corp to turn around the ailing Japanese company, but pledged that wages would rise and profit-sharing would again be the norm.
Provocative comments by Gambian President Yahya Jammeh on Sunday threatened to overshadow talks with Senegal aimed at resolving a three-month border blockade. Hours before the two countries' foreign ministers sat down to talks in Dakar, Jammeh laid out hi
Chinese police have arrested a man who has been on the run since allegedly hacking a family of six to death 25 years ago, state media reported Sunday. The suspect, identified as Guo, murdered the family with an axe after a dispute "over trivial matters" i
Four people have been killed in clashes between rival political clans in the southern Philippines, authorities said Sunday, just days after a contentious election reinstated a local mayor. Fighting has flared between Sabal and Buisan clans in the strife-t
Members of Turkey's right-wing MHP party were prevented from holding a congress Sunday aimed at unseating long-time leader Devlet Bahceli and recovering ground lost to President Recep Tayyip Erdogan's party. Dissidents from the Nationalist Movement Party
The government of Burkina Faso, which is battling high unemployment, on Wednesday urged young people to return to the soil and take up farming, previously written off as the lot of losers.
Russian lawmakers on Sunday lashed out at arch-rival Ukraine's "political" victory in the Eurovision song contest, as pro-Kremlin media insisted Moscow's entrant was robbed. Ukrainian performer Jamala won the glitzy contest Saturday with her ballad "1944"
Multan Chamber of Commerce and Industry (MCCI) has expressed its concern over abrupt increase in employers' share of contribution in EOBI for social insurance and the unjust notices to industries, asking them to also submit outstanding dues of the last th
Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan has proposed heavy duty to be imposed on import of milk and whey powder rather banning their import to protect the local farmers' interests.
The concerned authorities have finalised the security plan for proposed May 17 visit of Prime Minister Nawaz Sharif to Dera Ismail Khan. Security officials said that police from various districts other than the DI Khan have also been called in to perform
Rising remittances, foreign direct investments and private investments have been supporting country's economic growth, as federal government has promised to unveil a more pro-business budget for financial year (FY) 2017.
The government should take concrete measures to save the manufacturing sector which was neglected in Auto Policy 2016, said former President of Multan Chamber of Commerce and Industry (MCCI) Mian Iqbal Hassan. He has said the country's manufacturing secto
The Punjab Provincial Development Working Party has approved five development schemes of infrastructure sectors with an estimated cost of Rs. 21.628 billion. These schemes were approved in the meeting of Provincial Development Working Party (PDWP) of curr
Chief Minister Punjab Muhammad Shahbaz Sharif has given approval for the amendments in the Service Rules (Medical and Dental Teaching Posts) 1979, according to which Associate Professor having 3 years of teaching experience will be eligible for the promot
Federal Water and Power Minister Khawaja Muhammad Asif has said that Pakistan Muslim League-N (PML-N) government is committed to cope with energy crisis on top priority basis. Talking to Business Recorder at Pakistan Muslim League House on Sunday h
In order to coop with increasing electricity requirements with the establishment of Punjab Institute of Nuero Sciences and construction of new blocks, Lahore General Hospital administration has started installation of a grid station at the premises of hos
The Chief Minister's Complaints and Redressal Cell has recovered more than Rs.210 million in monetary disputes in the province and returned the amount to the complainants. This was disclosed by chairman, CM Complaints and Redressal Cell, Haji Dilroze Khan
On the directive of Prime Minister Nawaz Sharif, his daughter, Maryam Nawaz, will pay a visit to Multan in couple of days and will meet the veteran politician Makhdoom Javed Hashmi. According to sources, she will convey a message of the prime minister to
China's opening push to draw major bond investors into its gigantic onshore bond market has shown that US and European asset managers are still at least 18 months to two years away from engaging in earnest.
China's opening push to draw major bond investors into its gigantic onshore bond market has shown that US and European asset managers are still at least 18 months to two years away from engaging in earnest.
US pharmaceutical companies dominated an annual global ranking of top 10 large-cap stocks with the best five-year returns, according to an analysis released on Tuesday by Boston Consulting Group.
Spain's uncertain politics are holding back a stock market that is posting good earnings and is not expensively valued, investors say, and performance may not improve unless next month's election has a clear result.
Major Middle Eastern stock markets fell on Sunday after Moody's cut the debt ratings or outlooks of many countries, while Dubai construction firms dropped steeply after reporting first-quarter earnings.
The Canadian dollar, which recently hit a 10-month high, is expected to weaken again in the coming months if the US Federal Reserve hikes interest rates as forecast in June and oil prices rally no further, a Reuters poll found.
US policymakers are "pretty clear" in their views that Japan should refrain from any steps to intentionally weaken the yen, such as intervention in currency markets, a key economic adviser to Prime Minister Shinzo Abe said on Wednesday.
Goldman Sachs cut its forecasts for European and UK equity benchmarks citing sluggish global growth, a stronger euro and weaker-than-expected commodity prices. Goldman reduced its 12-month target on the pan-European STOXX 600 index to 345 points from 380,
Goldman Sachs cut its forecasts for European and UK equity benchmarks citing sluggish global growth, a stronger euro and weaker-than-expected commodity prices. Goldman reduced its 12-month target on the pan-European STOXX 600 index to 345 points from 380,
Iraq has raised the interest rate on a local bond issue worth 1.5 trillion Iraqi dinars ($1.3 billion) to boost sales, central bank spokesman Aycar Jabbar said on Wednesday. The central bank has increased the rate to 8 percent from the 6 percent offered o
Iraq has raised the interest rate on a local bond issue worth 1.5 trillion Iraqi dinars ($1.3 billion) to boost sales, central bank spokesman Aycar Jabbar said on Wednesday. The central bank has increased the rate to 8 percent from the 6 percent offered o
Damascus has announced measures to halt the fall of Syria's currency, but traders expressed doubt it would work after the unravelling of a cease-fire and the collapse of peace talks brought one of the fastest falls of the five year civil war.
As the anniversary of the S&P 500's high mark approaches, the benchmark US stock index's latest rally has stalled and failed to breach a key level, prompting some calls for sell-offs, at least in the short term.
Azerbaijan on Sunday announced joint military exercises with Georgia and Turkey, plans which are likely to raise tensions with neighbouring Armenia a day before talks in Vienna over the breakaway region of Nagorno-Karabakh.
Only Jordan and the United States are to take part in this year's Eager Lion military exercise, commanders said on Sunday, compared with the 18 nations which participated last year. A total of 6,000 troops will undertake 10 days of manoeuvres in the kingd
Three Mexican soldiers accused of taking part in a massacre of 22 gang suspects in 2014 have been freed by a judge for lack of evidence, officials said, drawing dismay from human rights groups.
A coalition of press freedom groups Sunday urged a swift investigation into the murder of two Indian journalists in 24 hours, crimes that heightened fears about media safety and freedom in the country.
Tips from a CIA spy to authorities in apartheid-era South Africa led to Nelson Mandela's 1962 arrest, beginning the leader's 27 years behind bars, an article in the Sunday Times reported. The newspaper cited comments reportedly made by Donald Rickard, a f
Hundreds of members of Nepal's ethnic minorities blocked roads in the capital on Sunday in renewed protests calling for changes to the Himalayan nation's controversial new constitution.
Three French anti-racism associations said on Sunday they would file legal complaints against social networks Facebook, Twitter and Google's Youtube for failing to remove "hateful" content posted on their platforms. French law requires websites to take do
A Russian yacht detained by North Korean coast guards was released Sunday and has set sail for the far-eastern city of Vladivostok, Russian officials said. "The Russian yacht Elfin today left the North Korean port of Kimchaek headed for Vladivostok," Deni
Eight people were killed and 43 were injured Saturday in the US state of Texas after a charter bus rolled over on the highway, county officials said. The bus, which was travelling near the state's border with Mexico, was headed to a casino in the town of
A slim majority of French people are in favour of protests against a deeply contested labour reform the ruling Socialist Party is pushing through parliament, a poll showed on Sunday. The government faces strikes and new waves of protests after opting last
The UN Security Council expressed "deep disappointment" with electoral gridlock in Haiti Saturday, a day in which the country had been slated to inaugurate a new president but did not due to an indefinitely postponed vote. Haiti's presidential election ha
Tens of thousands of people turned out Sunday in France to see off the world's biggest-ever cruise ship, the 120,000-tonne Harmony of the Seas, as it set sail for the first time. At 66 metres (217 feet), it is the widest cruise ship ever built, while its
Israeli Prime Minister Benjamin Netanyahu poured cold water on Sunday on the Middle East peace initiative advanced by France by questioning its impartiality, a claim swiftly denied by Paris. Speaking to ministers ahead of the weekly cabinet meeting, Netan
Co-ordinator Emergency Operation Centre Balochistan, Dr. Saif-ur-Rehman has said that the preparations for the Polio campaign that is set to commence from 16th of May have been completed in 640 union councils of 30 districts in Balochistan. In a press sta
Pakistan has called for a comprehensive international approach to wipe out terrorists, saying, and failure to redress genuine grievances of the weak against the powerful, created the breeding ground for terrorism.
Eminent archaeologists and scholars shared their research work in rich Gandhara region of Khyber Pakhtunkhwa, and Pakistan, and discussed latest discoveries and its impacts on this region, as three-day International conference, successfully concluded on S
The introduction of mobile broadband coupled with influx of affordable smartphones have a catalytic effect on use of social media in Pakistan as the trend is flourishing with estimated two million user accounts in Pakistan.
Prices of vegetable, poultry and other essential kitchen slightly decreased, except rates of chicken, pulses, milk, sugar and flour, still remain on high side in the retail market, according to a weekly survey conducted by Business Recorder here on
Ministry of Religious Affairs and Interfaith Harmony has invited applications for attending the annual Urs of Hazrat Khawaja Allauddin Ali Ahmed Sabir Kaliyari by May 24. According to an official of Ministry of Religious Affairs, the Urs celebrations are
Chief Minister Muhammad Shahbaz Sharif here on Sunday visited residence of former Prime Minister Yousuf Raza Gilani and congratulated him on the recovery of his son Ali Haider. Chief Minister assured Gilani of provision of full security to his family on t
Four members of the same family killed when a car fell into River Swat in Mankiyal area of the Tehsil Bahrain, district Swat. Those killed were included husband, wife and their two children and driver of the vehicle. The body of a child was recovered whil
Senator Mushahid Hussain, Chairman Senate Defence Committee, has termed the role of Pakistan Navy as "pivotal in present geopolitical scenario with Gwadar Port central to CPEC."
As the harvesting of the bumper wheat crop has almost been completed in Punjab, the provincial government has procured over three million tons wheat of 2015-16 crop against the target of 4.5 million tons so far.
Pakistan and Turkey were learning from each other's experiences and had mounted determined efforts to eliminate the scourge of terrorism from their respective soil, said Pakistan's ambassador to Turkey Sohail Mahmood, here on Sunday.
China on Sunday accused the US of deliberately distorting the facts in a report on the Asian giant's defence policy, warning Washington it had "severely damaged" trust between the superpowers. The Pentagon on Friday said Beijing had been building up milit
China on Sunday accused the US of deliberately distorting the facts in a report on the Asian giant's defence policy, warning Washington it had "severely damaged" trust between the superpowers. The Pentagon on Friday said Beijing had been building up milit
The Securities and Exchange Commission of Pakistan (SECP) has said that the holding of the annual general meeting (AGM) is a very important statutory event and provides an opportunity to the shareholders including those in minority, to participate in disc
The Securities and Exchange Commission of Pakistan (SECP) has said that the holding of the annual general meeting (AGM) is a very important statutory event and provides an opportunity to the shareholders including those in minority, to participate in disc
The Securities and Exchange Commission of Pakistan (SECP) has said that the holding of the annual general meeting (AGM) is a very important statutory event and provides an opportunity to the shareholders including those in minority, to participate in disc
Sheer negligence showed by the Federal Board of Revenue (FBR) in regard to the extinction of sales tax registration of service providers has cost millions to the national kitty; it was learnt here. According to sources, the service providers, who got regi
Sheer negligence showed by the Federal Board of Revenue (FBR) in regard to the extinction of sales tax registration of service providers has cost millions to the national kitty; it was learnt here. According to sources, the service providers, who got regi
Sheer negligence showed by the Federal Board of Revenue (FBR) in regard to the extinction of sales tax registration of service providers has cost millions to the national kitty; it was learnt here. According to sources, the service providers, who got regi
Big European banks remain reluctant to work in Iran four months after the lifting of international sanctions under a landmark nuclear deal with world powers, an Iranian official said Sunday.
Big European banks remain reluctant to work in Iran four months after the lifting of international sanctions under a landmark nuclear deal with world powers, an Iranian official said Sunday.
Big European banks remain reluctant to work in Iran four months after the lifting of international sanctions under a landmark nuclear deal with world powers, an Iranian official said Sunday.
At least five factory workers who were cleaning a chemical tank at a factory in Korangi Industrial Area died on Sunday. Superintendent Police (SP) Landhi Afnan Amin said four workers got into the chemical tank to clean it, followed by three more men who a
At least five factory workers who were cleaning a chemical tank at a factory in Korangi Industrial Area died on Sunday. Superintendent Police (SP) Landhi Afnan Amin said four workers got into the chemical tank to clean it, followed by three more men who a
A suicide bombing claimed by the Islamic State group and a second blast killed 47 police Sunday in the Yemeni port of Mukalla where a year of al Qaeda rule ended last month, medics said. It was the second attack in days claimed by IS in the city of 200,00
A suicide bombing claimed by the Islamic State group and a second blast killed 47 police Sunday in the Yemeni port of Mukalla where a year of al Qaeda rule ended last month, medics said. It was the second attack in days claimed by IS in the city of 200,00
President Mamnoon Hussain has confirmed the Federal Tax Ombudsman (FTO) landmark order on the issue of Minimum Tax under Section 153(1)(b) of the Income Tax Ordinance, 2001 chargeable in case of all corporate sector service providers companies.
President Mamnoon Hussain has confirmed the Federal Tax Ombudsman (FTO) landmark order on the issue of Minimum Tax under Section 153(1)(b) of the Income Tax Ordinance, 2001 chargeable in case of all corporate sector service providers companies.
President Mamnoon Hussain has confirmed the Federal Tax Ombudsman (FTO) landmark order on the issue of Minimum Tax under Section 153(1)(b) of the Income Tax Ordinance, 2001 chargeable in case of all corporate sector service providers companies.