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Print - 2018-05-16
Shahbaz slams Israeli aggression against Palestinians

Shahbaz slams Israeli aggression against Palestinians

Pakistan Muslim League-Nawaz (PML-N) President Muhammad Shahbaz Sharif has strongly condemned the unprovoked firing of Israeli army and bombardment at Palestinians in Gaza. Extending sympathies to the heirs of martyred Palestinians, Shahbaz prayed for ear
Published 16 May, 2018 12:00am
Nawaz was actual beneficial owner of HME: witness

Nawaz was actual beneficial owner of HME: witness

Former Prime Minister Nawaz Sharif was the actual beneficial owner of Hill Metals Establishment (HME) and his son Hussain Nawaz ostensibly owned this business as benamidar of his father. This was stated by key prosecution witness Wajid Zia here on Tuesday
Published 16 May, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 16 May, 2018 12:00am
Nawaz was actual beneficial owner of HME: witness

Nawaz was actual beneficial owner of HME: witness

Former Prime Minister Nawaz Sharif was the actual beneficial owner of Hill Metals Establishment (HME) and his son Hussain Nawaz ostensibly owned this business as benamidar of his father. This was stated by key prosecution witness Wajid Zia here on Tuesday
Published 16 May, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 16 May, 2018 12:00am
NICL board members: Cabinet likely to approve names

NICL board members: Cabinet likely to approve names

The federal cabinet is likely to approve new Board members of National Insurance Company Limited (NICL) as the term of incumbent board has expired, well-informed sources told Business Recorder. The employees of NICL are protesting against the incum
Published 16 May, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (May 15, 2018).

Published 16 May, 2018 12:00am
NICL board members: Cabinet likely to approve names

NICL board members: Cabinet likely to approve names

The federal cabinet is likely to approve new Board members of National Insurance Company Limited (NICL) as the term of incumbent board has expired, well-informed sources told Business Recorder. The employees of NICL are protesting against the incum
Published 16 May, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (May 15, 2018) and the forecast for Wednesday (May 16, 2018).

Published 16 May, 2018 12:00am
NICL board members: Cabinet likely to approve names

NICL board members: Cabinet likely to approve names

The federal cabinet is likely to approve new Board members of National Insurance Company Limited (NICL) as the term of incumbent board has expired, well-informed sources told Business Recorder. The employees of NICL are protesting against the incum
Published 16 May, 2018 12:00am
Ramazan to begin in Gulf countries on Thursday

Ramazan to begin in Gulf countries on Thursday

Religious authorities in many Gulf countries and the Far East announced on Tuesday that Ramazan moon had not been sighted, therefore, the holy month would begin on Thursday. According to the Saudi media, the moon sighting committee met in central Riyadh.
Published 16 May, 2018 12:00am
Ramazan to begin in Gulf countries on Thursday

Ramazan to begin in Gulf countries on Thursday

Religious authorities in many Gulf countries and the Far East announced on Tuesday that Ramazan moon had not been sighted, therefore, the holy month would begin on Thursday. According to the Saudi media, the moon sighting committee met in central Riyadh.
Published 16 May, 2018 12:00am
In big boost, BJP emerges strongest in state poll

In big boost, BJP emerges strongest in state poll

Indian Prime Minister Narendra Modi's ruling party was set on Tuesday to win the largest number of seats in a big southern state election, giving him momentum for a re-election bid next year and opening a path for more reforms. A government in Karnataka l
Published 16 May, 2018 12:00am
In big boost, BJP emerges strongest in state poll

In big boost, BJP emerges strongest in state poll

Indian Prime Minister Narendra Modi's ruling party was set on Tuesday to win the largest number of seats in a big southern state election, giving him momentum for a re-election bid next year and opening a path for more reforms. A government in Karnataka l
Published 16 May, 2018 12:00am
KE seeks additional supply of 150MW from CCPA-G

KE seeks additional supply of 150MW from CCPA-G

The Karachi Electric (KE) has reportedly sought additional supply of 150MW of electricity from the Central Power Purchasing Agency Guaranteed (CCPA-G) during Ramazan, fearing that fault in Port Qasim Power Station could be prolonged well-informed sources
Published 16 May, 2018 12:00am
KE seeks additional supply of 150MW from CCPA-G

KE seeks additional supply of 150MW from CCPA-G

The Karachi Electric (KE) has reportedly sought additional supply of 150MW of electricity from the Central Power Purchasing Agency Guaranteed (CCPA-G) during Ramazan, fearing that fault in Port Qasim Power Station could be prolonged well-informed sources
Published 16 May, 2018 12:00am
KE seeks additional supply of 150MW from CCPA-G

KE seeks additional supply of 150MW from CCPA-G

The Karachi Electric (KE) has reportedly sought additional supply of 150MW of electricity from the Central Power Purchasing Agency Guaranteed (CCPA-G) during Ramazan, fearing that fault in Port Qasim Power Station could be prolonged well-informed sources
Published 16 May, 2018 12:00am
Punjab supplementary budget

Punjab supplementary budget

The Punjab Finance Minister Ayesha Ghous Pasha presented the supplementary budget for the ongoing fiscal year in the Punjab Assembly chaired by Speaker Rana Muhammad Iqbal amid protest by the Pakistan Tehreek-e-Insaf (PTI). The protest was not on the supp
Published 16 May, 2018 12:00am
Tit-for-tat diplomacy

Tit-for-tat diplomacy

Not entirely unanticipatedly, the US and Pakistan have now entered the terrain of tit-for-tat diplomacy. Pakistan has announced retaliatory measures against restrictions on the movements of its diplomats in the US with a raft of steps to match those of Wa
Published 16 May, 2018 12:00am
Worsening fiscal and external balances

Worsening fiscal and external balances

The economy is presenting a mixed picture as the fiscal year is drawing to a close. Since the budget was presented to the Assembly six weeks ahead of the normal schedule, the data provided therein was not comparable to previous data points at this time. H
Published 16 May, 2018 12:00am
End of offshore secrecy?

End of offshore secrecy?

It was only at the turn of the century and around the time Musharraf regime took hold of Pakistan that the UAE became the favourite financial haven for our rich - those that habitually loot the exchequer of its taxes, siphon off public money through commi
Published 16 May, 2018 12:00am
The First Lady

The First Lady

The term First Lady currently refers to not only the wife of the head honcho, but also to ladies of eminence who occupy top positions in their own right. This is the current gender zeitgeist.
Published 16 May, 2018 12:00am
Who is right?

Who is right?

Why has Punjab, the power base of PML-N, has taken a path which is different from central government's. Unlike the PML-N government in Centre, the Punjab government has presented amid protest by opposition Rs 1898 billion supplementary budget for the year
Published 16 May, 2018 12:00am
PIDE bags 'National Hult Prize 2018'

PIDE bags 'National Hult Prize 2018'

A four-member team of Pakistan Institute of Development Economics (PIDE) won the National Hult Prize 2018 worth Rs 5 million in a ceremony held at National University of Science and Technology here on other day. The team comprised of Hassan Irfan, Moazzam
Published 16 May, 2018 12:00am
SC reserves judgement in ex-CJP case

SC reserves judgement in ex-CJP case

The Supreme Court on Tuesday reserved judgment in case of manhandling and mistreatment of former Chief Justice Iftikhar Muhammad Chaudhry by the then Islamabad administration and police. A five-member larger bench, headed by acting Chief Justice Asif Saee
Published 16 May, 2018 12:00am
Afghan delegation meets NSA

Afghan delegation meets NSA

A delegation from Afghanistan led by Afghan Deputy Foreign Minister Hekmat Khalil Karzai called on National Security Adviser Lieutenant General Nasser Khan Janjua (retd) and discussed options to strengthen bilateral relations. The NSA warmly welcomed the
Published 16 May, 2018 12:00am
Pakistan slams killings of Palestinians

Pakistan slams killings of Palestinians

Pakistan on Tuesday strongly condemned the merciless killings and injuries to innocent unarmed Palestinian civilian protesters by Israeli occupying authorities. "The protests are a consequence of the relocation of the United States Embassy to Jerusalem fr
Published 16 May, 2018 12:00am
PM's remarks: PPP and PTI stage walkout in NA

PM's remarks: PPP and PTI stage walkout in NA

The members of Pakistan Peoples Party (PPP) and Pakistan Tehreek-e-Insaf (PTI) Tuesday staged a walkout from the National Assembly in protest against Prime Minister Shahid Khaqan Abbasi's remarks, which were expunged by the speaker, about them. Speaker Na
Published 16 May, 2018 12:00am
Babar warns of GB Tahaffuz Movement

Babar warns of GB Tahaffuz Movement

If all coercive laws have been extended to Gilgit-Baltistan why the human rights related laws were not extended to it. This was asked by former Senator Farhatullah Babar at a seminar and warmed against the emergence of a Gilgit-Baltistan (GB) Tahaffuz Mov
Published 16 May, 2018 12:00am
Ramazan moon: Ruet-e-Hilal body meets today

Ramazan moon: Ruet-e-Hilal body meets today

Central Ruet-e-Hilal Committee would meet today (Wednesday), 29 Shaban-ul-Moazzam, in Karachi for sighting the crescent of Ramazan-ul-Mubarak, 1439 Hijri. Chairman of the Committee Mufti Muneeb-ur-Rehman would chair the meeting of Sindh Zonal Ruet-e-Hilal
Published 16 May, 2018 12:00am
Huge quantity of narcotics seized

Huge quantity of narcotics seized

Directorate of Intelligence and Investigation (Customs)-FBR, Peshawar has seized huge quantity of narcotics/vehicle having estimated value of Rs 2.50 million. According to sources, the directorate had received credible information that narcotics would be
Published 16 May, 2018 12:00am
FBR Helpline timings

FBR Helpline timings

Federal Board of Revenue (FBR) Helpline Timings during Ramzan will be from 8.00am to 7.00pm from Monday to Thursday and 8.00am to 6.00pm on Friday, says an FBR announcement here on Tuesday.
Published 16 May, 2018 12:00am
NPCIH chief vows to promote interfaith harmony

NPCIH chief vows to promote interfaith harmony

Central Chairman of National Peace Committee for Interfaith Harmony (NPCIH), Allama Mohammad Shoaib vowed to promote interfaith harmony in the country and expressed solidarity with the armed forces. He was speaking at an oath taking ceremony of newly appo
Published 16 May, 2018 12:00am
PTV's channel for NA's live coverage to be launched soon: Marriyum

PTV's channel for NA's live coverage to be launched soon: Marriyum

Federal Minister for Information and Broadcasting Marriyum Aurangzeb while responding to the questions of the members of National Assembly's Standing Committee on Information and Broadcasting here Tuesday said that PTV Parliament channel would soon be lau
Published 16 May, 2018 12:00am
SU vice chancellor highlights importance of vocational training

SU vice chancellor highlights importance of vocational training

Success is the maximum utilization of the natural flair, ability and skill one possesses. In today's stressful economic times, it becomes mandatory for youth to require technical excellence in addition to academic qualifications. The training projects ini
Published 16 May, 2018 12:00am
USF Co's 61st BoD meeting held

USF Co's 61st BoD meeting held

Universal Service Fund Company (USF Co) 61st Board of Directors meeting was convened on Tuesday in the Ministry of Information Technology and Telecom, Islamabad. The Chairperson Board of Directors, USF Co. and the Federal Minister for IT & Telecom; Anusha
Published 16 May, 2018 12:00am
Women helpline 1094 opens at women development department

Women helpline 1094 opens at women development department

Special Assistant to CM Sindh Women Development Department Irum Khalid inaugurates women helpline services 1094 at Directorate of Women Development Department and wish for the progress of the women hipline and said we will help women to our level best. Ir
Published 16 May, 2018 12:00am
Multinet Pakistan selects Oracle Cloud applications

Multinet Pakistan selects Oracle Cloud applications

Multinet Pakistan, one of the country's premier information and communication solutions provider, has selected Oracle Cloud Applications to help modernize its financial operations, and to help completely automate the key processes in order to free up its
Published 16 May, 2018 12:00am
Sahibzada Ahmad Khan named HC to UK

Sahibzada Ahmad Khan named HC to UK

The government has made several new ambassadorial appointments in various world capitals. According to sources, additional secretary and chief of protocol, Ministry of Foreign Affairs, Sahibzada Ahmad Khan has been posted as Pakistan's new high commission
Published 16 May, 2018 12:00am
500 city wardens to assist traffic police in Ramazan

500 city wardens to assist traffic police in Ramazan

Karachi Mayor Wasim Akhtar on Tuesday said some 500 city wardens would assist the police in regulating the flow of traffic, particularly during peak hours in the holy month of Ramazan. Presiding over a meeting at his office to review the traffic plan for
Published 16 May, 2018 12:00am
Viper Technology gets two FPCCI awards

Viper Technology gets two FPCCI awards

One of leaders of local IT industry Viper Technology is honoured with two Brands of the Year Awards for 2017-18 in a memorable ceremony hosted by the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and the Brands Foundation.
Published 16 May, 2018 12:00am
Turkish Prime Minister invites Abbasi to OIC session

Turkish Prime Minister invites Abbasi to OIC session

Turkish Prime Minister Binali Yildrim talked to Prime Minister Shahid Khaqan Abbasi on Tuesday. During the telephonic call, the Turkish Prime Minister extended invitation to the Prime Minister for participation in the Extraordinary Session of the OIC conv
Published 16 May, 2018 12:00am
Faisalabad university declared smoke and drug-free institution

Faisalabad university declared smoke and drug-free institution

The University of Faisalabad has been declared as smoke and drug free by the Drug Advisory Training Hub (DATH), a non-government organisation working on abuse of drugs. In this context, a memorandum of understanding (MoU) has been signed between both the
Published 16 May, 2018 12:00am
Women on Wheels Programme: motorbikes distributed among 30 women

Women on Wheels Programme: motorbikes distributed among 30 women

Under the arrangements of Chief Minister Strategic Reform Unit's women-on-wheels programme, the campaign has been started to distribute the motor bikes among the women on subsidized rates. In the first phase, 30 motorbikes and its documents were distribut
Published 16 May, 2018 12:00am
Sindh E&T collection shows 12 percent growth
Cotton

Sindh E&T collection shows 12 percent growth

Sindh Excise & Taxation (E&T) department on Tuesday claimed to have made Rs 53.05 billion revenue collection during last 10 months of current fiscal year, depicting 12 percent growth as compared to last corresponding period. The department has collected R
Published 16 May, 2018 12:00am
KP NAB approves inquiries against WSSP officials, others

KP NAB approves inquiries against WSSP officials, others

Regional Board Meeting (RBM) of National Accountability Bureau (NAB), Khyber Pakhtunkhwa on Tuesday authorized inquiries against officers and officials of Water Supply & Sanitation Programme (WSSP) and others regarding misuse of authority. The subjects ar
Published 16 May, 2018 12:00am
Islamabad devises special security plan for Ramazan

Islamabad devises special security plan for Ramazan

Around 2000 personnel including policemen, security guards and mosques guards will perform security duties during the holy month of Ramazan and to ensure elaborate arrangements in coordination with the notables of various areas. According to plan chalked
Published 16 May, 2018 12:00am
PPP assailed over corruption in Sindh Assembly session

PPP assailed over corruption in Sindh Assembly session

Opposition in the Sindh Assembly on Tuesday slammed the PPP led government over alleged 'corruption' in MPAs annual budgetary development funds, saying that it has failed to solve public problems in its decade-long rule in the province. As debate on the b
Published 16 May, 2018 12:00am
PSP chief blames Nawaz for endangering national security

PSP chief blames Nawaz for endangering national security

Pak Sarzameen Party (PSP) chairman Mustafa Kamal on Tuesday demanded that a commission be formed to put the record straight vis-à-vis the statement of former prime minister Nawaz Sharif about Mumbai attacks because it has endangered national security and
Published 16 May, 2018 12:00am
CM foresees Sindh students to compete at global level

CM foresees Sindh students to compete at global level

Sindh Chief Minister Syed Murad Ali Shah has said that around Rs 3 billion are being spent on the enrolment, registration and examination fees and cash prize distribution among the position holders of all the educational boards in Sindh. He said this, spe
Published 16 May, 2018 12:00am
Petition in SHC: PTI seeks to book Nawaz under Article 6

Petition in SHC: PTI seeks to book Nawaz under Article 6

Pakistan Tehreek-e-Insaf (PTI) leader Haleem Adil Sheikh on Tuesday filed a petition in Sindh High Court against former prime minister Nawaz Sharif to seek registration of a treason case against him for his May 12 interview, in which he put the blame of M
Published 16 May, 2018 12:00am
ANF activates public complaint number

ANF activates public complaint number

Anti Narcotics Force has activated public complaint number 1415, which will be operational 24/7 for registration of complaints and facilitation of the general public to supplement its efforts to make Pakistan Drug Free Society. ANF spokesman said on Monda
Published 16 May, 2018 12:00am
UNDP to help BoI set up first Impact Investment Fund

UNDP to help BoI set up first Impact Investment Fund

United Nations Development Program (UNDP) will support Board of Investment (BoI) in establishment of Pakistan's first Impact Investment Fund. This partnership is considered to leverage the private sector and capital markets to support SDGs-aligned financi
Published 16 May, 2018 12:00am
IHC resumes hearing of Grand Hyatt Hotel case

IHC resumes hearing of Grand Hyatt Hotel case

Islamabad High Court (IHC) here on Tuesday resumed hearing of Grand Hyatt Hotel apartments' case. Two-member bench of IHC comprising Justice Mohsin Akhtar Kiyani and Justice Amir Farooq heard the arguments submitted by the counsel of the said hotel projec
Published 16 May, 2018 12:00am
Gas schemes: Distribution companies told to follow timelines

Gas schemes: Distribution companies told to follow timelines

The National Assembly's Standing Committee on Energy met under the chairmanship of Rana Afzaal Hussain at the Parliament House Tuesday. The committee discussing the implementation status of its previous recommendations directed the gas distribution compan
Published 16 May, 2018 12:00am
Prize distribution ceremony of FICS held at NUST

Prize distribution ceremony of FICS held at NUST

Grand Finale and Prize Distribution Ceremony of Finding Innovative & Creative Solutions for Society (FICS'18), was held at National University of Sciences & Technology (NUST) on Tuesday.
Published 16 May, 2018 12:00am
Sindh & Punjab: Water shortage for kharif season soars to 41 percent

Sindh & Punjab: Water shortage for kharif season soars to 41 percent

The shortage of water for early Kharif season for Punjab and Sindh has increased from over 35 per cent to 41 per cent from projected 31 per cent due to lower inflows than estimates firmed up by the water regulator in consultation with Pakistan Metrologica
Published 16 May, 2018 12:00am
Educational reforms: Government urged to implement Article 25-A in Fata

Educational reforms: Government urged to implement Article 25-A in Fata

Speakers at seminar have urged the government to take meaningful steps to implement Article 25-A, Right to Education in Federally Administered Tribal Areas to ensure free and compulsory education facility for all in the tribal region. The seminar on title
Published 16 May, 2018 12:00am
Around six million children enrolled in schools, claims minister

Around six million children enrolled in schools, claims minister

Federal Minister for Education Engr Muhammad Baligh-Ur-Rehman on Tuesday claimed that around six million children were enrolled in schools during the last five years while number of school leaving children decreased significantly. "After the 18th Constitu
Published 16 May, 2018 12:00am
KP minister submits resolution against ex-PM

KP minister submits resolution against ex-PM

Khyber Pakhtunkhwa Minister for Information, Shah Farman Tuesday submitted a resolution with provincial assembly for condemning the interview of the former Prime Minister Nawaz Sharif. The resolution submitted with the provincial assembly secretariat said
Published 16 May, 2018 12:00am
Senate body condemns killing of 70 Palestinians

Senate body condemns killing of 70 Palestinians

Senate Standing Committee on Foreign Affairs Tuesday strongly condemned the killing of over 70 Palestinians by Israeli forces and shifting of the US Embassy to Jerusalem. The committee, which organized a seminar titled 'Kashmir and Palestine: 70 years UN
Published 16 May, 2018 12:00am
Opposition leader slams Nawaz for rejecting NSC declaration

Opposition leader slams Nawaz for rejecting NSC declaration

Opposition leader in the Punjab Assembly Mian Mahmood-ur-Rashid on Tuesday protested against the rejection of declaration of National Security Council by Nawaz Sharif and demanded that Prime Minister Shahid Khaqan Abbasi should resign immediately. The ses
Published 16 May, 2018 12:00am
Shahbaz accuses PTI of ruining KP

Shahbaz accuses PTI of ruining KP

Pakistan Muslim League-Nawaz (PML-N) President Muhammad Shahbaz Sharif has said the PTI has devastated the province of KPK and the whole city of Peshawar has also been defaced. In his telephonic address at a public meeting at Butgram district of KPK on Tu
Published 16 May, 2018 12:00am
Rain with gusty winds likely for up-country

Rain with gusty winds likely for up-country

The Met Office said on Tuesday that a westerly wave is affecting upper parts of the country and likely to persist during next 3-4 day. It said more rain-thundershower with gusty winds/dust-storm is expected today (Wednesday) at scattered places of Malakan
Published 16 May, 2018 12:00am
Jobs surge points to firmer UK economy, wage signals mixed

Jobs surge points to firmer UK economy, wage signals mixed

British employers hired many more workers than expected in early 2018, a tentative sign that the economy's weak start to the year may be temporary, as the Bank of England hopes. Employment rose by 197,000 during the first quarter, the biggest jump since l
Published 16 May, 2018 12:00am
Dutch government dropping Kaspersky software over spying fears

Dutch government dropping Kaspersky software over spying fears

The Dutch government is phasing out the use of anti-virus software made by Russian firm Kaspersky Lab amid fears of possible spying, despite vehement denials by the Moscow-based cyber security company. The Dutch Justice and Security ministry said in a sta
Published 16 May, 2018 12:00am
Bahrain strips 115 of nationality over 'terrorism'

Bahrain strips 115 of nationality over 'terrorism'

A Bahrain court on Tuesday sentenced 115 Bahrainis to jail terms ranging from three years to life and stripped them of their nationality for forming an Iran-linked "terrorist" group, the public prosecutor said. A judicial source told AFP the group were al
Published 16 May, 2018 12:00am
Imam-ul-Haq sees Pakistan to victory over Ireland

Imam-ul-Haq sees Pakistan to victory over Ireland

Pakistan debutant Imam-ul-Haq saw his side to victory as Ireland's first match in men's Test cricket ended in a gallant last-day defeat by five wickets at Malahide on Tuesday. Pakistan, set a seemingly modest 160 to win, after earlier making Ireland follo
Published 16 May, 2018 12:00am
Bajaur Levies win Bajaur Cricket Super League

Bajaur Levies win Bajaur Cricket Super League

Bajaur Super League, the first ever private grand cricket festival in the agency concluded here Tuesday. Bajaur Levies Cricket Association won the BSL tournament by defeating Bajaur Green in the final match played at Bajaur sports complex. The Bajaur Supe
Published 16 May, 2018 12:00am
Former Aston Villa defender Samuel killed in car crash

Former Aston Villa defender Samuel killed in car crash

Former Aston Villa and Bolton defender Jlloyd Samuel died in a car crash on Tuesday at the age of 37, Cheshire Police confirmed. Samuel, who also won two international caps for Trinidad and Tobago, was involved in a collision with a truck in High Legh, no
Published 16 May, 2018 12:00am
Manohar re-elected as ICC chairman

Manohar re-elected as ICC chairman

India's Shashank Manohar has been re-elected chairman of the International Cricket Council for another two years, the sport's world governing body said Tuesday. Manohar, who became the ICC's first independent chairman in 2016, was elected unopposed for a
Published 16 May, 2018 12:00am
Injured Neuer in German World Cup squad as frictions stir

Injured Neuer in German World Cup squad as frictions stir

Injured Manuel Neuer was named in Germany's extended 27-man World Cup squad for Russia 2018, despite not playing since September, as political frictions threw a shadow over Tuesday's announcement. Both midfielders Mesut Ozil and Ilkay Gundogan are include
Published 16 May, 2018 12:00am
Ball-tamperer Bancroft cleared to play club cricket

Ball-tamperer Bancroft cleared to play club cricket

Cameron Bancroft has been cleared to play club cricket in Western Australia while serving his ban for ball-tampering in South Africa, as he looks for redemption over a scandal that tarnished his name. The 25-year-old opening batsman was suspended for nine
Published 16 May, 2018 12:00am
English football club install safe-standing area

English football club install safe-standing area

English League One side Shrewsbury have begun work to install safe-standing rail seats at their ground, nearly 30 years after the Hillsborough disaster left scores of Liverpool fans dead. Clubs in England's top two divisions have been legally required to
Published 16 May, 2018 12:00am
England recall Buttler for first Pakistan Test

England recall Buttler for first Pakistan Test

England recalled batsman Jos Buttler in a 12-man squad announced Tuesday for the first Test against Pakistan at Lord's on May 24. In the first England squad since former Test batsman Ed Smith took over as national selector, Somerset off-spinner Dom Bess w
Published 16 May, 2018 12:00am
19 years on, Bangladesh bury hatchet with ex-coach Greenidge

19 years on, Bangladesh bury hatchet with ex-coach Greenidge

Bangladesh have finally buried the hatchet with West Indies batting great Gordon Greenidge - nearly two decades after unceremoniously sacking him as head coach in the middle of the 1999 World Cup. The Bangladesh Cricket Board hosted a reception for Greeni
Published 16 May, 2018 12:00am
Mancini confirmed as Italy head coach

Mancini confirmed as Italy head coach

Roberto Mancini has been officially appointed as the new head coach of Italy, the Italian football federation (FIGC) confirmed on Monday. The 53-year-old former Manchester City and Inter Milan manager, who left Zenit Saint Petersburg at the weekend, will
Published 16 May, 2018 12:00am
US consumer spending picking up, gasoline prices a threat

US consumer spending picking up, gasoline prices a threat

US retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter. The economic outlook got a boost from other data on
Published 16 May, 2018 12:00am
Air France-KLM names interim leaders after CEO's quick exit

Air France-KLM names interim leaders after CEO's quick exit

Air France-KLM named chief financial officer Frederic Gagey as its interim CEO on Tuesday following Jean-Marc Janaillac's sudden exit in a bitter dispute over salaries in the group's French wing. Former French minister Anne-Marie Couderc was named non-exe
Published 16 May, 2018 12:00am
US hits Iran central bank governor with sanctions
Currency

US hits Iran central bank governor with sanctions

The United States slapped sanctions Tuesday on Valiollah Seif, the governor of the Central Bank of Iran, accusing him of helping the country's Revolutionary Guard Corps transfer millions of dollars to Lebanon's Hezbollah. In the second move in a week taki
Published 16 May, 2018 12:00am
Seattle taxes businesses to fight homelessness

Seattle taxes businesses to fight homelessness

The City Council in Seattle, home to Amazon, Starbucks and other major companies, has passed an ordinance that would tax businesses in a bid to fight homelessness. The legislation, passed on Monday by a 9-0 vote, would impose an annual tax of $275 per ful
Published 16 May, 2018 12:00am
Emaar sends Dubai up; other Gulf markets close mixed

Emaar sends Dubai up; other Gulf markets close mixed

Dubai led a rise in United Arab Emirates (UAE) markets on Tuesday, closing more than 1 percent up, backed by solid gains in blue chips, while Saudi and Qatar reversed earlier gains and closed on a slightly negative note. The Dubai index closed 1.1 percent
Published 16 May, 2018 12:00am
Treasury yields edge up

Treasury yields edge up

Treasury yields edged up on Monday, extending weekend gains as trade tensions eased a day after President Donald Trump pledged to help Chinese telecommunications company ZTE Corp, which has been penalized for violating US sanctions with Iran. US Commerce
Published 16 May, 2018 12:00am
Treasury yields edge up

Treasury yields edge up

Treasury yields edged up on Monday, extending weekend gains as trade tensions eased a day after President Donald Trump pledged to help Chinese telecommunications company ZTE Corp, which has been penalized for violating US sanctions with Iran. US Commerce
Published 16 May, 2018 12:00am
Indian shares flat

Indian shares flat

Indian shares shed early gains to end largely flat on Tuesday after the main opposition Congress party said it would form an alliance with the Janata Dal (Secular) party to rival Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) in the assembly
Published 16 May, 2018 12:00am
Tokyo stocks down

Tokyo stocks down

Tokyo stocks fell on Tuesday as investors cashed in profits following three straight days of gains. The benchmark Nikkei 225 index lost 0.21 percent, or 47.84 points, to close at 22,818.02 while the broader Topix index edged down 0.04 percent, or 0.77 poi
Published 16 May, 2018 12:00am
Hong Kong stocks lower

Hong Kong stocks lower

Hong Kong stocks snapped a six-day winning streak to end lower on Tuesday, amid renewed fears of a Sino-US trade fear and worries about China economy. The Hang Seng index ended 1.2 percent down at 31,152.03, while the China Enterprises Index closed down 0
Published 16 May, 2018 12:00am