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Print - 2016-07-11
G20 nations pledge to boost trade

G20 nations pledge to boost trade

The world''s top 20 economies will work to boost sluggish global trade despite growing protectionism, overcapacity concerns, and uncertainty over Brexit, G20 trade ministers said Sunday at a meeting in Shanghai. "The global recovery continues, but it rema
Published 11 Jul, 2016 12:00am
TTP Shangla chief killed in CTD raid

TTP Shangla chief killed in CTD raid

A key member of the banned terrorist outfit Tehreek-e-Taliban Pakistan (TTP) was killed during an encounter with the Khyber-Pakhtunkhwa (K-P) Counter-Terrorism Department (CTD) in Mansehra, police said.
Published 11 Jul, 2016 12:00am
Three Ukrainian soldiers killed

Three Ukrainian soldiers killed

Three Ukrainian soldiers were killed and sixteen wounded as violent clashes continued between pro-Russian rebels and government forces in the country's separatist east, Kiev said Sunday. Eight of the injured soldiers suffered concussion during artillery s
Published 11 Jul, 2016 12:00am
Gaza tunnel collapse kills Islamic Jihad member

Gaza tunnel collapse kills Islamic Jihad member

A tunnel collapse in the Gaza Strip on Sunday killed a member of militant group Islamic Jihad's armed wing, it said, in the latest in a series of such incidents. The collapse occurred in the northern Gaza Strip, the Al-Quds Brigades said in a statement, w
Published 11 Jul, 2016 12:00am
KP Governor pays rich tributes to Edhi

KP Governor pays rich tributes to Edhi

Governor Khyber Pakhtunkhwa Iqbal Zafar Jhagra has said that Abdul Sattar Edhi was a great social worker and benefactor of the needy and under privileged humanity. He said Abdul Sattar Edhi was a most deserving person for the award of Nobel Prize as he se
Published 11 Jul, 2016 12:00am
Yemen's Hadi threatens to boycott peace talks

Yemen's Hadi threatens to boycott peace talks

Yemeni President Abedrabbo Mansour Hadi threatened Sunday to boycott peace talks with Iran-backed rebels if the UN envoy insists on a roadmap stipulating a unity government that includes the insurgents. UN-sponsored talks between Hadi's Saudi-backed gover
Published 11 Jul, 2016 12:00am
Egypt foreign minister meets Israel PM in rare visit

Egypt foreign minister meets Israel PM in rare visit

Egypt's foreign minister met Israeli Prime Minister Benjamin Netanyahu on Sunday on reviving peace efforts with the Palestinians, the first such visit in nearly a decade and the latest sign of warming ties.
Published 11 Jul, 2016 12:00am
Egypt foreign minister meets Israel PM in rare visit

Egypt foreign minister meets Israel PM in rare visit

Egypt's foreign minister met Israeli Prime Minister Benjamin Netanyahu on Sunday on reviving peace efforts with the Palestinians, the first such visit in nearly a decade and the latest sign of warming ties.
Published 11 Jul, 2016 12:00am
Portugal beat France to win Euro 2016

Portugal beat France to win Euro 2016

Portugal won their first European Championship title on Sunday after a low drive from striker Eder in extra-time gave them a 1-0 victory over France despite the absence of injured superstar Cristiano Ronaldo.
Published 11 Jul, 2016 12:00am
Portugal beat France to win Euro 2016

Portugal beat France to win Euro 2016

Portugal won their first European Championship title on Sunday after a low drive from striker Eder in extra-time gave them a 1-0 victory over France despite the absence of injured superstar Cristiano Ronaldo.
Published 11 Jul, 2016 12:00am
Heavy fighting erupts in South Sudan capital

Heavy fighting erupts in South Sudan capital

Thousands fled renewed heavy fighting in South Sudan's capital on Sunday as former rebels and government soldiers exchanged fire in several parts of the city. The battles began on the western outskirts of Juba where both former rebels and government soldi
Published 11 Jul, 2016 12:00am
Over 200 arrests as tensions spike at US police protests

Over 200 arrests as tensions spike at US police protests

More than 200 people were arrested in chaotic scenes during a new night of protests over US police violence towards blacks as authorities revealed Sunday that the Dallas shooter had apparently been plotting a major bomb attack.
Published 11 Jul, 2016 12:00am
Over 200 arrests as tensions spike at US police protests

Over 200 arrests as tensions spike at US police protests

More than 200 people were arrested in chaotic scenes during a new night of protests over US police violence towards blacks as authorities revealed Sunday that the Dallas shooter had apparently been plotting a major bomb attack.
Published 11 Jul, 2016 12:00am
Abe claims victory in parliamentary vote

Abe claims victory in parliamentary vote

Japanese Prime Minister Shinzo Abe claimed victory Sunday for his ruling coalition in parliamentary elections, which came despite lukewarm public support for his economic policies and wariness over amending the country's pacifist constitution. Abe, in pow
Published 11 Jul, 2016 12:00am
Abe claims victory in parliamentary vote

Abe claims victory in parliamentary vote

Japanese Prime Minister Shinzo Abe claimed victory Sunday for his ruling coalition in parliamentary elections, which came despite lukewarm public support for his economic policies and wariness over amending the country's pacifist constitution. Abe, in pow
Published 11 Jul, 2016 12:00am
Growth calculations highly exaggerated: Pasha

Growth calculations highly exaggerated: Pasha

Former Advisor to Prime Minister on Finance Dr Hafeez Pasha has calculated growth at 3.1 percent against the government's claim of 4.7 percent for the current fiscal year, and maintains that the government's calculations are highly exaggerated.
Published 11 Jul, 2016 12:00am
Growth calculations highly exaggerated: Pasha

Growth calculations highly exaggerated: Pasha

Former Advisor to Prime Minister on Finance Dr Hafeez Pasha has calculated growth at 3.1 percent against the government's claim of 4.7 percent for the current fiscal year, and maintains that the government's calculations are highly exaggerated.
Published 11 Jul, 2016 12:00am
Growth calculations highly exaggerated: Pasha

Growth calculations highly exaggerated: Pasha

Former Advisor to Prime Minister on Finance Dr Hafeez Pasha has calculated growth at 3.1 percent against the government''s claim of 4.7 percent for the current fiscal year, and maintains that the government''s calculations are highly exaggerated.
Published 11 Jul, 2016 12:00am
Sindh, KP accuse Centre of 'stealing' electricity

Sindh, KP accuse Centre of 'stealing' electricity

Sindh Chief Minister Syed Qaim Ali Shah and Khyber Pakhtunkhwa CM Parvaiz Khattak have accused the federal government of "stealing" the electricity of Sindh and KP. The provincial Chief Ministers stated this while talking to media persons at the CM House
Published 11 Jul, 2016 12:00am
Sindh, KP accuse Centre of 'stealing' electricity

Sindh, KP accuse Centre of 'stealing' electricity

Sindh Chief Minister Syed Qaim Ali Shah and Khyber Pakhtunkhwa CM Parvaiz Khattak have accused the federal government of "stealing" the electricity of Sindh and KP. The provincial Chief Ministers stated this while talking to media persons at the CM House
Published 11 Jul, 2016 12:00am
Sindh, KP accuse Centre of ''stealing'' electricity

Sindh, KP accuse Centre of ''stealing'' electricity

Sindh Chief Minister Syed Qaim Ali Shah and Khyber Pakhtunkhwa CM Parvaiz Khattak have accused the federal government of "stealing" the electricity of Sindh and KP. The provincial Chief Ministers stated this while talking to media persons at the CM House
Published 11 Jul, 2016 12:00am
Cliff Richard sues BBC, police over sex abuse raid footage

Cliff Richard sues BBC, police over sex abuse raid footage

Veteran British pop star Cliff Richard confirmed Sunday he will sue the BBC and the police after a raid on his home was broadcast live on TV. Richard, 75, who was Britain's first home-grown pop star and considered the UK's answer to Elvis Presley, was tol
Published 11 Jul, 2016 12:00am
Cliff Richard sues BBC, police over sex abuse raid footage

Cliff Richard sues BBC, police over sex abuse raid footage

Veteran British pop star Cliff Richard confirmed Sunday he will sue the BBC and the police after a raid on his home was broadcast live on TV. Richard, 75, who was Britain's first home-grown pop star and considered the UK's answer to Elvis Presley, was tol
Published 11 Jul, 2016 12:00am
Iran MP wounded in attack, driver killed

Iran MP wounded in attack, driver killed

An Iranian lawmaker and a local official have been wounded and their driver killed in an assassination attempt in a Kurdish-speaking province in the west of the country, media said Sunday. Heshmatollah Falahat-Pisheh - who represents the town of Islam Aba
Published 11 Jul, 2016 12:00am
Iran MP wounded in attack, driver killed

Iran MP wounded in attack, driver killed

An Iranian lawmaker and a local official have been wounded and their driver killed in an assassination attempt in a Kurdish-speaking province in the west of the country, media said Sunday. Heshmatollah Falahat-Pisheh - who represents the town of Islam Aba
Published 11 Jul, 2016 12:00am
Medical expert spells out reasons behind RTAs

Medical expert spells out reasons behind RTAs

Principal Post Graduate Medical Institute and Lahore General Hospital Professor Khalid Mehmood has Stated that a civilised nation cannot be imagined without abiding by traffic rules. Discipline, law observing and education have become need of the hour for
Published 11 Jul, 2016 12:00am
Crackdown on kite sellers; three arrested

Crackdown on kite sellers; three arrested

The police launched crackdown against kite sellers and arrested three with over hundred kites and metallic strings here on Sunday. The police following the directives of the provincial government and district administration conducted operation against kit
Published 11 Jul, 2016 12:00am
Pakistan is now more peaceful as compared to 2013: Shahbaz

Pakistan is now more peaceful as compared to 2013: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif here Sunday while meeting legislators of PML-N said that the journey to progress and prosperity of the country and the nation will be completed successfully under the leadership of Prime Minister Muhammad Nawa
Published 11 Jul, 2016 12:00am
Establishment of arts academy termed 'a good development'

Establishment of arts academy termed 'a good development'

Establishment of an arts academy in Multan is a good development to promote the art and skill of artists of Southern Punjab who were neglected in the past and arts exhibitions would be organised regularly to acknowledge the work of local artists said Khur
Published 11 Jul, 2016 12:00am
'Defeated terrorists trying to sabotage peace of Swat'

'Defeated terrorists trying to sabotage peace of Swat'

General Officer Commander (GCO) Swat, Major General Asif Ghafoor has said that the defeated terrorist was trying to sabotage the peace of the scenic valley but their nefarious designs would not let to prevail. In a statement issued here on Sunday, Major G
Published 11 Jul, 2016 12:00am
Two prisoners escape from police station

Two prisoners escape from police station

Two dangerous dacoits involved in dozens of cases of theft, dacoity and robberies escaped from Police Station Baba Kot's lock up. Five cops including Head Moharrar Shokat, Muhammad Murad, Muhammad Yasin, Saifal Khan and Manzoor Ahmed were suspended and ca
Published 11 Jul, 2016 12:00am
MET Office predicts rains

MET Office predicts rains

The Meteorological department has predicted more rains from Monday (today) to Thursday as more monsoon currents are very likely to penetrate gradually upper and some southern parts of the country from today.
Published 11 Jul, 2016 12:00am
Javed Hashmi donates eyes

Javed Hashmi donates eyes

Senior politician Makhdoom Javed Hashmi has announced to donate his eyes following in the footsteps of the great humanitarian social worker Abdul Sattar Edhi. Talking to Business Recorder, Hashmi said that he had mentioned in his will that his eyes be don
Published 11 Jul, 2016 12:00am
MCCI to offset Brexit impact

MCCI to offset Brexit impact

The business community of Southern Punjab has pledged all support and cooperation to the government in order to cope with challenges emerging after Brexit.
Published 11 Jul, 2016 12:00am
Begum Mamnoon visits Edhi's residence

Begum Mamnoon visits Edhi's residence

Begum Mahmooda Mamnoon Hussain, wife of President Mamnoon Hussain, Sunday visited the residence of renowned social worker late Abdul Sattar Edhi. She condoled with the bereaved family and also prayed for the departed soul.
Published 11 Jul, 2016 12:00am
Minister proposes institution of `Edhi Award'

Minister proposes institution of `Edhi Award'

Provincial Minister for Human Rights and Minority Affairs Khalil Tahir Sindhu has proposed that an "Edhi Award" be introduced at Provincial and Federal level in order to promote the spirit of humanity expressed by Edhi.
Published 11 Jul, 2016 12:00am
Essential commodities' prices decline

Essential commodities' prices decline

The prices of most edible commodities including vegetables, chicken, beef, flour and sugar slightly decreased during the week ended, compared to the preceding week, according to a survey conducted by Business Recorder, here on Sunday. According to the sur
Published 11 Jul, 2016 12:00am
Nine suspects held in Islamabad

Nine suspects held in Islamabad

Islamabad Police on Sunday arrested nine lawbreakers from various areas of the city and recovered a stolen bike, ornaments, valuables from them. A Ramna police team led by Station House Officer (SHO) Inspector Irshad Ali Abro arrested accused Kamran Ashra
Published 11 Jul, 2016 12:00am
War on terror: US counterterrorism body to discuss Pakistan's role

War on terror: US counterterrorism body to discuss Pakistan's role

The US Counterterrorism and Intelligence Subcommittee Chairman have announced to hold a dialogue over Pakistan's role in combating terrorism in coming days. The House would initiate discussion on the topic 'Pakistan is friend of US in eliminating terroris
Published 11 Jul, 2016 12:00am
Lowari Tunnel project to be completed by December end: Muqam

Lowari Tunnel project to be completed by December end: Muqam

Advisor to the Prime Minister Engr Ameer Muqam has said that the mega project of Lowari Tunnel would be completed by December 2016 at any cost. Engr Ameer Muqam said this while inspecting the construction work of Lowari Tunnel on Sunday.
Published 11 Jul, 2016 12:00am
Kalash tribe demands reconstruction of flood damaged roads

Kalash tribe demands reconstruction of flood damaged roads

Women and children from Kalash tribe of Chitral staged a protest demonstration against delay in the reconstruction of roads infrastructure damaged in floods of July last year. The protestors demanded of the provincial government to provide them basic righ
Published 11 Jul, 2016 12:00am
Gemstones: Pakistan's mineral wealth

Gemstones: Pakistan's mineral wealth

The nature has bestowed Pakistan with a vast potential of mineral ores including a good range of precious and glittering gemstones, which need appropriate attention of the government, especially investors to exploit them.
Published 11 Jul, 2016 12:00am
Parliamentary, economic ties with Germany to be enhanced: NA Speaker

Parliamentary, economic ties with Germany to be enhanced: NA Speaker

Speaker National Assembly (NA) Sardar Ayaz Sadiq has said that Pakistan and Germany have the same stated objectives of peace and stability in the region and we hope that our bilateral engagement would continue to broaden on basis of mutual respect and mut
Published 11 Jul, 2016 12:00am
Fata citizens: Fazl slams NADRA for not issuing CNICs

Fata citizens: Fazl slams NADRA for not issuing CNICs

Jamiat-i-Ulema-i-Islam (F) Chief Maulana Fazlur Rehman has strongly criticised NADRA for not issuing CNICs to thousands of people of North Waziristan and other parts of Fata who migrated to Peshawar and other cities during Operation Zarb-e-Azb and warned
Published 11 Jul, 2016 12:00am
'Weak power distribution system threatening economy'

'Weak power distribution system threatening economy'

Islamabad Chamber of Small Traders (ICST) on Sunday asked government to take urgent steps to improve power distribution system which is a threat to the economy. While lauding the efforts of the government to increase power production, it demanded equal at
Published 11 Jul, 2016 12:00am
Qadri, Rashid discuss proposed anti-government drive

Qadri, Rashid discuss proposed anti-government drive

Pakistan Awami Tehreek (PAT) Chief Dr Tahir-ul-Qadir said that his party would contact with opposition parties for launching protest drive against the Pakistan Muslim League-Nawaz (PML-N) government.
Published 11 Jul, 2016 12:00am
Child labour doubles in Iraq as violence, displacement hit incomes

Child labour doubles in Iraq as violence, displacement hit incomes

More than half a million Iraqi children are estimated to be at work rather than at school as violence and displacement hurt the income of millions of families, according to the United Nations childrens' agency UNICEF. The number of children currently work
Published 11 Jul, 2016 12:00am
Iran accuses Saudi Arabia of backing terrorism

Iran accuses Saudi Arabia of backing terrorism

Iran on Sunday accused Saudi Arabia of backing terrorism after a senior Saudi prince, a former intelligence chief, addressed a Paris rally held by exiled Iranian rebels and told them he wanted the Iranian government to fall.
Published 11 Jul, 2016 12:00am
Challenger accuses UK opposition leader of 'hiding'

Challenger accuses UK opposition leader of 'hiding'

Jeremy Corbyn, the embattled head of Britain's main opposition Labour Party, is "hiding" and refusing to accept that his support among colleagues has vanished, leadership challenger Angela Eagle said Sunday. Eagle, who will on Monday formally launch her b
Published 11 Jul, 2016 12:00am
Bin Laden's son threatens revenge for father's assassination

Bin Laden's son threatens revenge for father's assassination

The son of slain al Qaeda leader Osama bin Laden has threatened revenge against the United States for assassinating his father, according to an audio message posted online. Hamza bin Laden promised to continue the global militant group's fight against the
Published 11 Jul, 2016 12:00am
Family of killed US journalist Marie Colvin sues Syria

Family of killed US journalist Marie Colvin sues Syria

The family of American journalist Marie Colvin, who died in Syria in 2012, has filed a wrongful death lawsuit in a US court, accusing the Syrian government of deliberately killing her.
Published 11 Jul, 2016 12:00am
Moscow blasts Nato focus on 'non-existent' Russia threat

Moscow blasts Nato focus on 'non-existent' Russia threat

Moscow on Sunday slammed Nato for focusing on a "non-existent" threat from Russia at a leaders summit in Warsaw that saw fears over the Kremlin's expansionism high on the agenda. "A preliminary analysis of the results of the meeting shows that Nato contin
Published 11 Jul, 2016 12:00am
Ecuador starts deporting Cubans bent on getting to US

Ecuador starts deporting Cubans bent on getting to US

Ecuador on Saturday deported 29 undocumented Cubans who asked the government to transfer them to Mexico en route to the United States, the Interior Ministry said. The 20 men and nine women could not justify their presence in Ecuador, and were returned to
Published 11 Jul, 2016 12:00am
US Air Force urges decision on delayed Middle East fighter jet sales

US Air Force urges decision on delayed Middle East fighter jet sales

A top US Air Force official on Sunday urged the US government to speed up its consideration of long-standing bids by Qatar, Kuwait and Bahrain to buy US fighter jets, citing growing frustration among the key US allies in the Gulf about delays in the proce
Published 11 Jul, 2016 12:00am
Spanish police smash global GPS tracker scam

Spanish police smash global GPS tracker scam

Spanish police said Sunday they hade broken up a crime group suspected of cheating over 8,000 people in over 70 countries of around 25 million euros ($27 million). Twenty-one people were arrested in Spain over the scam which involved the sale of GPS track
Published 11 Jul, 2016 12:00am
123 German policemen hurt in clashes with protesters

123 German policemen hurt in clashes with protesters

Berlin police said Sunday that 123 officers were hurt in clashes with left-wing extremists who hurled rocks and bottles at them, smashed shop windows and set cars ablaze. The overnight violence follows weeks of escalating tensions around a building that i
Published 11 Jul, 2016 12:00am
15 dead from floods in India

15 dead from floods in India

Flash floods from torrential downpours in the in the central Indian state of Madhya Pradesh have killed 15 people, with seven deaths over the weekend, and left thousands of people displaced, authorities said Sunday.
Published 11 Jul, 2016 12:00am
Seychelles studying bond market but in no rush: finance minister

Seychelles studying bond market but in no rush: finance minister

Seychelles is studying the international bond markets for a possible new issue but will only proceed if terms are better than those secured when it rescheduled debts after a default in 2008, its finance minister said on Tuesday.
Published 11 Jul, 2016 12:00am
Seychelles studying bond market but in no rush: finance minister

Seychelles studying bond market but in no rush: finance minister

Seychelles is studying the international bond markets for a possible new issue but will only proceed if terms are better than those secured when it rescheduled debts after a default in 2008, its finance minister said on Tuesday.
Published 11 Jul, 2016 12:00am
Canadian dollar to weaken on Brexit and cheap oil
Currency

Canadian dollar to weaken on Brexit and cheap oil

The Canadian dollar will weaken over the coming months as Britain's vote to leave the European Union strengthens the US dollar and with oil prices set to remain weak despite recent supply outages, a Reuters poll found.
Published 11 Jul, 2016 12:00am
Activist hedge funds dial it back in first half of 2016

Activist hedge funds dial it back in first half of 2016

Activist hedge funds were choosier in throwing their weight around corporate boardrooms during the first half of the year as they managed a smaller cash pile and struggled to beat benchmark returns. Activist investors, including billionaires like Pershing
Published 11 Jul, 2016 12:00am
Activist hedge funds dial it back in first half of 2016

Activist hedge funds dial it back in first half of 2016

Activist hedge funds were choosier in throwing their weight around corporate boardrooms during the first half of the year as they managed a smaller cash pile and struggled to beat benchmark returns. Activist investors, including billionaires like Pershing
Published 11 Jul, 2016 12:00am
Gold remains best investment in 'shaky' world

Gold remains best investment in 'shaky' world

Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Wednesday that gold remains the best investment amid fears of instability in the European Union and prolonged global stagnation, as well as concerns over the effectiveness of central ban
Published 11 Jul, 2016 12:00am
Don't strangle green bond market, EBRD urges regulators

Don't strangle green bond market, EBRD urges regulators

The European Bank for Reconstruction and Development has urged global regulators to adopt a hands-off approach to green bonds, warning that attempts to standardise the fledgling market could end up damaging it. Green bonds were pioneered by the World Bank
Published 11 Jul, 2016 12:00am
US money market assets post biggest drop since April

US money market assets post biggest drop since April

US money market fund assets posted their steepest weekly drop since April as the third quarter began with Britain's vote to leave the European Union in the rear-view mirror, the Money Fund Report said on Wednesday. Money fund assets fell by $25.77 billion
Published 11 Jul, 2016 12:00am
US money market assets post biggest drop since April

US money market assets post biggest drop since April

US money market fund assets posted their steepest weekly drop since April as the third quarter began with Britain's vote to leave the European Union in the rear-view mirror, the Money Fund Report said on Wednesday. Money fund assets fell by $25.77 billion
Published 11 Jul, 2016 12:00am
Oracle launches US $14 billion five-tranche deal

Oracle launches US $14 billion five-tranche deal

Tech giant Oracle launched a US $14 billion five-tranche deal - its largest ever bond offering, according to two buyside sources. Oracle launched a US $4.25bn five-year at Treasuries plus 90bp, US $2.5bn seven-year at 110bp, US $3bn 10-year at 120bp, US $
Published 11 Jul, 2016 12:00am
Shell seeks $2 billion from Aramco in Motiva joint venture breakup

Shell seeks $2 billion from Aramco in Motiva joint venture breakup

Royal Dutch Shell has asked Saudi Aramco for up to $2 billion as part of the breakup of their giant Motiva Enterprises refining joint venture in the United States, the latest stumbling point in a partnership fraught with tension. The payment would be comp
Published 11 Jul, 2016 12:00am
BoC survey shows subdued business sentiment

BoC survey shows subdued business sentiment

Canadian business sentiment remained subdued in the second quarter, as the drag of cheaper oil and modest domestic demand cancelled out the boost from foreign demand, the Bank of Canada said on Monday. The central bank's quarterly Business Outlook Survey
Published 11 Jul, 2016 12:00am
PepsiCo profit beats expectations

PepsiCo profit beats expectations

PepsiCo Inc reported a better-than-expected profit for the second quarter on Thursday, buoyed by lower raw material costs and higher demand for Frito-Lay snacks and new beverages in North America.
Published 11 Jul, 2016 12:00am
PepsiCo profit beats expectations

PepsiCo profit beats expectations

PepsiCo Inc reported a better-than-expected profit for the second quarter on Thursday, buoyed by lower raw material costs and higher demand for Frito-Lay snacks and new beverages in North America.
Published 11 Jul, 2016 12:00am
BNP Paribas to outline new retail banking investments next year

BNP Paribas to outline new retail banking investments next year

BNP Paribas will unveil new investments in its retail banking business when it presents a new plan early next year, the head of the unit said as France's biggest bank aims to turn its sprawling European network into a more Internet-driven service.
Published 11 Jul, 2016 12:00am
Emirates chief sees scant benefit from EU-level aviation deals

Emirates chief sees scant benefit from EU-level aviation deals

The chief of Dubai-based airline Emirates expressed doubts on Monday that an EU-level aviation agreement with the United Arab Emirates would improve on the existing deals the Gulf country has with most EU countries.
Published 11 Jul, 2016 12:00am
Rio Tinto offloads copper mine on PNG's Bougainville

Rio Tinto offloads copper mine on PNG's Bougainville

Mining giant Rio Tinto has given up control of a mine at the centre of a decade-long civil war on Papua New Guinea's Bougainville, leaving locals angry on Friday that some shares will go to the national government.
Published 11 Jul, 2016 12:00am
As streaming booms, audio overtakes video in US

As streaming booms, audio overtakes video in US

Americans have for the first time streamed more music on audio services such as Spotify than through videos, in a welcome shift for the industry, a study said Tuesday. Streaming has been rapidly growing and offering a new source of revenue for the long-be
Published 11 Jul, 2016 12:00am
7 countries benefit most from technology innovation

7 countries benefit most from technology innovation

The United States, Singapore, Finland, the Netherlands, Sweden, Switzerland and Israel are getting the biggest bang for their buck in economic and digital innovation, according to a survey released Wednesday by the organisers of the Davos economic forum.
Published 11 Jul, 2016 12:00am
Netflix to make debut on Comcast's X1 box later this year

Netflix to make debut on Comcast's X1 box later this year

Comcast is going to add Netflix to its X1 set-top boxes in the latest deal to blur the lines separating cable TV from Internet video services. The arrangement announced Tuesday signals an apparent truce between two companies that have been antagonistic to
Published 11 Jul, 2016 12:00am
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