Norway's central bank will sell foreign exchange equivalent of 600 million Norwegian crowns ($73.78 million) per day in August, unchanged from 600 million in July, the bank said on Tuesday. In order to make funds available to be spent as part of the gover
India's battered rupee will trade in a tight range in the coming year but not far from its historic low, hampered by higher oil prices and as trade tensions hurt emerging markets, a Reuters poll found. The Indian currency has lost over 7 percent this year
The risk of trade barriers and slowing global business activity has kept the European equity market in check this year. That, however, has been a boon for shares in companies such as drug-makers and consumer staples that are less dependent on the economic
The risk of trade barriers and slowing global business activity has kept the European equity market in check this year. That, however, has been a boon for shares in companies such as drug-makers and consumer staples that are less dependent on the economic
Gulf stocks fell on Sunday, pressured by general weakness across emerging markets as investors steered clear of assets perceived as risky due to a diplomatic and economic spat between the United States and Turkey. The Turkish lira plunged last week after
China's primary money rates fell this week as inter-bank money conditions remained extremely loose, with the central bank encouraging lending to bolster the economy amid slowing growth and a worsening trade environment.
The US dollar's march higher against major currencies will run out of road within the next six months, according to a Reuters poll of foreign exchange strategists, who have held on to that view since May.
Canada's dollar will rise over the coming year as the Bank of Canada hikes interest rates and higher oil prices become more supportive of the currency, a Reuters poll showed, but it will take a NAFTA trade pact deal to trigger more optimistic gains.
Local TV companies such as Sinclair Broadcast Group and Gray Television are set for a significant political advertising boost this year as candidates and special interest groups are spending heavily to woo voters in mid-term elections.
Manchester City ruined the start of the Unai Emery era at Arsenal as the champions signalled their intent to retain the Premier League title with a stylish 2-0 win on Sunday. Pep Guardiola's side swept to the title last term with a record 100 points and t
Mohamed Salah opened his account for the new campaign as Liverpool backed up pre-season hype they can challenge champions Manchester City for the Premier League title by sweeping aside West Ham 4-0 at Anfield. Sadio Mane scored twice and Daniel Sturridge
Akila Dananjaya claimed six scalps and picked up widespread tributes as Sri Lanka hammered South Africa by 178 runs in the final one-day international on Sunday. While the result did not stop South Africa taking the series 3-2, Dananjaya's performance est
Jorge Lorenzo struck the final blow in a dog fight with fellow Spaniard Marc Marquez, overtaking at the start of the final lap on Sunday to win the Austrian MotoGP. Ducati's Lorenzo and Marquez, on a Honda, traded first place over the closing laps before
Japanese star forward Keisuke Honda signed on as general manager of Cambodia's national team Sunday in a move that brings high-profile talent to a much-loved but struggling side. The unusual arrangement will see Honda, who signed for A-League side Melbour
Sloane Stephens sent defending champion Elina Svitolina crashing out of the WTA Canada tournament in Montreal on Saturday to set up a rematch of the French Open final against Simona Halep. American third seed Stephens surged into Sunday's final against wo
Rafael Nadal beat Karen Khachanov 7-6 (7/3), 6-4 on Saturday to set up a final with birthday boy Stefano Tsitsipas at the Toronto Masters. The Spanish icon will try on Sunday to spoil the 20th celebrations of the Greek youngster who reached the second fin
Top seeded Yasin Khattak and second seed Humam Ahmad will clash in the final of the Khyber Pakhtunkhwa Independence Day Junior Age Group Squash Championship being played here at PAF Hashim Khan Squash Complex. In the first semi-final Yasin Khattak did not
Former Brazil and Real Madrid great Ronaldo Nazario is currently in hospital in Ibiza recovering from pneumonia, local media said on Sunday. Newspaper Diario de Ibiza said the two-time Ballon d'Or winner and 2002 World Cup Golden Boot winner is currently
James Anderson and Stuart Broad shared eight wickets before Chris Woakes completed a brilliant return to international duty with the final blow as England thrashed India by an innings and 159 runs in the second Test at Lord's on Sunday. India, the world's
Ren Zhengfei, the founder of Chinese telecoms behemoth Huawei, likens the company to a ruthless "wolf" tirelessly running down its prey, an ethos that could soon make it the apex predator of the smartphone world. Despite being essentially barred from the
Chipmaker giant Taiwan Semiconductor Manufacturing Co (TSMC) said Monday the computer virus that brought its production to a halt for two days was a variant of the WannaCry ransomware that hit users all around the world. WannaCry infected more than 200,00
Researchers at Israeli cybersecurity firm said Wednesday they had found a flaw in WhatsApp that could allow hackers to modify and send fake messages in the popular social messaging app. CheckPoint said the vulnerability gives a hacker the possibility "to
Naspers' video entertainment division has created a new over-the-top (OTT) video unit to be headed by Niclas Ekdahl in a bid to counter stiff competition for video on demand from global players such as Netflix. OTT video services, which are transmitted vi
Apple Inc said on Wednesday that an app belonging to popular conspiracy theorist Alex Jones remains in the company's mobile App Store because it has not been found to be in violation of any content policies. The Infowars Official app has become the App St
Facebook on Thursday said it was moving to prevent the sharing of blueprints for 3D-printed guns on the social network, which violates its rules on regulated goods. "Sharing instructions on how to manufacture firearms using 3D printers or CNC milling mach
Facebook has asked major US banks to share customer data to allow it to develop new services on the social network's Messenger texting platform, a banking source told AFP on Monday. Facebook had discussions with Chase, JPMorgan, Citibank, and Wells Fargo
Samsung's new smartphone illustrates the limits of innovation at a time when hardware advances have slowed. The new phone, the Galaxy Note 9, will be faster and will last longer without a recharge. But while earth-shattering new features are in short supp
China Mobile Ltd, the world's biggest mobile phone operator by subscribers, reported on Thursday a 4.7 percent rise in first-half net profit, helped by mobile data growth due to a rise in subscriber numbers. Net profit for January-June was 65.6 billion yu
China Mobile Ltd, the world's biggest mobile phone operator by subscribers, reported on Thursday a 4.7 percent rise in first-half net profit, helped by mobile data growth due to a rise in subscriber numbers. Net profit for January-June was 65.6 billion yu
Singapore Telecommunications reported a 6.6 percent fall in first-quarter profit, in part due to fierce competition in some of its markets and as a strong Singapore dollar crimped earnings from affiliates. Singtel, Southeast Asia's largest telecom operato
Singapore Telecommunications reported a 6.6 percent fall in first-quarter profit, in part due to fierce competition in some of its markets and as a strong Singapore dollar crimped earnings from affiliates. Singtel, Southeast Asia's largest telecom operato
UniCredit announced Tuesday what it called its best half-year results in a decade although heightened political risks in Italy could hamper efforts to reinforce a key indicator of the bank's ability to withstand a crisis. In the period from April through
UniCredit announced Tuesday what it called its best half-year results in a decade although heightened political risks in Italy could hamper efforts to reinforce a key indicator of the bank's ability to withstand a crisis. In the period from April through
Saudi Aramco and Malaysia's Petronas have approached banks to replace a short-term $8 billion loan raised earlier this year for a joint venture with long-term financing of approximately the same size, banking sources familiar with the matter said. The two
Deutsche Post DHL Group reported slightly lower than expected operating profit for the second quarter, with earnings at its troubled post and parcel division weighing. Spiralling costs at the division, which has seen parcel deliveries boom thanks to eComm
Deutsche Post DHL Group reported slightly lower than expected operating profit for the second quarter, with earnings at its troubled post and parcel division weighing. Spiralling costs at the division, which has seen parcel deliveries boom thanks to eComm
Zurich Insurance is aiming to achieve cost savings targeted for the end of next year without any disposals, its chief executive said on Thursday as it reported a forecast-beating 19 percent rise in first-half results. Insurers across the globe have been r
Zurich Insurance is aiming to achieve cost savings targeted for the end of next year without any disposals, its chief executive said on Thursday as it reported a forecast-beating 19 percent rise in first-half results. Insurers across the globe have been r
India's Punjab National Bank reported a second straight quarterly loss on Tuesday as it earmarked more funds to cover a massive fraud, but expects faster bad loan recovery to help it return to a profit for the full year. PNB, the fourth-biggest bank by as
India's Punjab National Bank reported a second straight quarterly loss on Tuesday as it earmarked more funds to cover a massive fraud, but expects faster bad loan recovery to help it return to a profit for the full year. PNB, the fourth-biggest bank by as
Russian aluminium giant Rusal posted a second-quarter profit of $440 million on Monday amid higher market prices for the metal, remaining well in the black despite sanctions imposed on the company earlier this year by Washington. Recurring net profit at H
Russian aluminium giant Rusal posted a second-quarter profit of $440 million on Monday amid higher market prices for the metal, remaining well in the black despite sanctions imposed on the company earlier this year by Washington. Recurring net profit at H
Russia's largest oil producer Rosneft said on Tuesday its second-quarter net profit more than tripled to 228 billion roubles ($3.6 billion) on higher production and prices, pushing its shares to an all-time peak. Rosneft, in which Qatar is set to become t
Russia's largest oil producer Rosneft said on Tuesday its second-quarter net profit more than tripled to 228 billion roubles ($3.6 billion) on higher production and prices, pushing its shares to an all-time peak. Rosneft, in which Qatar is set to become t
Deutsche Telekom said it expects to get initial feedback in late August from US regulators on the proposed takeover of Sprint Corp by its T-Mobile unit, expressing confidence that the $26 billion deal will go through. Europe's largest telecoms group, whic
Sweden's highest peak, a glacier on the southern tip of the Kebnekaise mountain, is melting due to record hot Arctic temperatures and is no longer the nation's tallest point, scientists said on Wednesday.
About one in seven babies who were exposed to the Zika virus in the womb have at least one developmental defect a year later, said a US study on Tuesday.
As out-of-control wildfires ravage large swathes of Portugal, Spain and northern California, AFP talked to scientists about the ways in which global warming can amplify the problem. Other factors have fuelled a sharp increase in the frequency and intensit
Low-calorie sweetened beverages such as diet sodas that use aspartame or stevia may be a good replacement for full-sugar sodas and fruit juices, but researchers are still unsure about their long-term health effects, according to a new American Heart Assoc
US forecasters on Thursday downgraded their hurricane season predictions, saying that ocean conditions suggest it's now likely that a below-average number of storms will strike the Atlantic and Caribbean this year. The milder outlook comes after a particu
A study in the United States has found that people who exercise several times a week report having better mental health than those who take no exercise, with team sports and those involving social groups having the most positive effect.
The planet urgently needs to transition to a green economy because fossil fuel pollution risks pushing the Earth into a lasting and dangerous "hothouse" state, researchers warned on Monday. If polar ice continues to melt, forests are slashed and greenhous
The next chief executive of Air-France-KLM must not be beholden to external interests, said a senior French pilot on the group's board of directors, criticising the possible choice of Air Canada's chief operating officer as preferred candidate.
Speculators will probably attack Italian financial markets this month but the country has the resources to defend itself, a senior and highly influential government official said in a newspaper interview on Sunday. Giancarlo Giorgetti, undersecretary in t
Egypt's non-oil private-sector activity increased in July, posting rare positive growth in the first month of the new fiscal year, a survey showed on Sunday. The Emirates NBD Egypt Purchasing Manager's Index (PMI) for the private sector excluding the oil
Expansion of the United Arab Emirates' non-oil private sector slowed in July as employment growth dropped to a 27-month low, a survey of companies showed on Sunday. The seasonally adjusted Emirates NBD UAE Purchasing Managers' Index, which covers manufact
Growth in Saudi Arabia's non-oil private sector continued at almost the same rate in July after accelerating in June to its fastest pace this year, a survey of companies showed on Sunday. The seasonally adjusted Emirates NBD Saudi Arabia Purchasing Manage
Commerzbank plans to step up its expansion drive by making a stronger push on private and small business customers, a board member told a German newspaper. The company, which reported forecast-beating second-quarter results this week, faces margin pressur
Chinese authorities are rolling out 10 measures to curb rising risks caused by the troubled peer-to-peer (P2P) lending sector that has led to several protests in recent weeks, the official Xinhua News Agency reported on Sunday. A central government work g
President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc on Sunday, the latest salvo in a dispute between the company and Trump over tariffs on steel. The Wisconsin-based motorcycle manufacturer announced a plan earlie
France plans to introduce a penalty system next year that would increase the costs of consumer goods with packaging made of non-recycled plastic, part of a pledge to use only recycled plastic nationwide by 2025, an environment ministry official said Sunda
Russia will further decrease its holdings of US securities in response to new sanctions against Moscow but has no plans to shut down US companies in Russia, Finance Minister Anton Siluanov said on state TV on Sunday, RIA news agency reported. On Friday, P
A ship carrying soyabeans from the United States docked in the port of Dalian on Saturday, more than a month after it arrived off China's coast just as hefty tariffs were imposed on US goods, according to Thomson Reuters Eikon shipping data. The short jou
Alaska fishermen are used to coping with fickle weather and wild ocean waves. Now they face a new challenge: the United States' trade war with China, which buys $1 billion in Alaskan fish annually, making it the state's top seafood export market.
German Economy Minister Peter Altmaier has sharply criticised US President Donald Trump's tariffs and sanctions policies, saying such measures were destroying jobs and growth and that Europe would not bow to US pressure regarding Iran.
Washington police threw a ring of steel around the White House on Sunday, ahead of a white supremacist rally that will see neo-Nazis marching in the nation's capital a year after a deadly protest highlighted the growing boldness of America's extreme right
The United States will return to the Philippines church bells seized by American forces in a bloody campaign more than a century ago, its embassy said on Sunday, following a demand by President Rodrigo Duterte. American forces took three bells from the Ca
The head of Egypt's Muslim Brotherhood and other leaders of the banned group were sentenced to life in prison on Sunday, judicial sources said, on charges of incitement to murder and violence during protests five years ago. The sentence is the latest amon
An explosion at a weapons depot that toppled buildings in a rebel-held town of northwest Syria killed at least 39 civilians including a dozen children Sunday, a monitor said. An AFP correspondent at the site in Sarmada in Idlib province near the Turkish b
Two migrants thought to have sneaked into EU member Croatia from neighbouring Bosnia were found dead Sunday in a forest some 90 kilometres (55 miles) from the border, Croatian police said. "Twelve people were found of whom two were dead," police spokeswom
Firefighters reported Sunday making significant progress against some of the huge wildfires raging across California, but were bracing for more of the soaring temperatures, dry air and gusty winds that have made their job so tough. Some of the worst fires
A Vietnamese former colonel and revolutionary war hero who became disillusioned with the communist regime and defected, becoming one of its most vocal and influential critics, died in France at age 90. Bui Tin passed away of kidney failure in hospital in
Israeli Prime Minister Benjamin Netanyahu on Sunday demanded a "total" ceasefire from Gaza's Hamas rulers in his first public comments on another deadly flare-up between the two sides. There have been efforts by UN officials and Egypt to secure a long-ter
A supporter of Nicaragua's President Daniel Ortega was shot to death in the northern city of Matagalpa as anti-government protesters marched past the city hall, police said. The incident Saturday came amid a wave of protests and counter-protests in severa
President Nicolas Maduro has said he would allow FBI agents come to Venezuela to help investigate a recent alleged plot to kill him with explosive drones - but with conditions. If US officials confirm "the offer for the FBI to investigate links in Florida
Two Austrians - a man in his fifties and a teenager - died Sunday when their glider crashed to the ground in the Champsaur valley in the southern French Alps, sources said. "The alert was sounded by witnesses who saw the glider fall," a local official sai
Indian Prime Minister Narendra Modi said he would be re-elected with an even bigger majority in parliament in 2019, dismissing opposition attempts to rouse opinion against his government for failing to deliver on promises of swift economic development and
A meteor shower lit up the skies above eastern Bosnia on Saturday night, giving star gazers a rare opportunity to see a display of shooting stars with the naked eye. "I think that everybody should see this," said Miralem Mehic, a Bosnian from an internati
Four members of the Jordanian security forces and three 'terrorists' have been killed during a raid on a militant hideout after an officer died in a bomb blast near the capital, the government said Sunday. Five suspects were also arrested during Saturday'
Indian leader Narendra Modi on Sunday called for greater democracy and the restoration of an independent judiciary in the Maldives ahead of a presidential election in September. The Indian Ocean archipelago nation has been in turmoil in recent months, wit
The United States urged Britain on Sunday to ditch its support for a 2015 nuclear deal with Iran and instead join forces with Washington to counter the global threat it says Tehran poses. Despite opposition from European allies, US President Trump in May
A 12-year-old boy is the sole survivor of a plane crash that killed eight people in mountainous eastern Indonesia, authorities said Sunday. The Swiss-made Pilatus aircraft lost contact with air traffic control Saturday during what was supposed to be a fli
Iraqi Prime Minister Haider al-Abadi has cancelled a visit to Iran, his press office said Sunday, as the premier came under strong Iranian criticism over his stand on renewed US sanctions against Tehran. Abadi will still go ahead with a planned visit to T
Myanmar has asked Bangladesh to stop providing aid to 6,000 Rohingya stranded on the border between the two countries since a military crackdown prompted a mass exodus of the Muslim minority last year, the foreign ministry in Dhaka said.
Trinidad-born British author V.S. Naipul, who won the Nobel Prize for literature in 2001, has died at his home in London aged 85, the BBC reported on Saturday. Vidiadhar Surajprasad Naipaul, who began writing in the 1950s, won numerous coveted literary aw
A polling station chief was killed by suspected jihadists in northern Mali as insecurity disrupted a presidential runoff on Sunday. Security had been drastically boosted ahead of the election's second round between President Ibrahim Boubacar Keita and for
In one of the election rallies, the incoming Prime Minister has rightly observed that tax collection of Pakistan, which ranges to around Rs 4,000 billion in 2018, has to be raised to Rs 8,000 billion to ensure economic sustainability. This is a right and
Anser Ahmed Khan is CEO for ENERGAS LNG Terminal. He is a seasoned LNG professional with more than 17 years of professional experience in the Oil and Gas Sector. In his previous role he was Vice President LNG at EDF (Trading), London one of the largest Ut
Anser Ahmed Khan is CEO for ENERGAS LNG Terminal. He is a seasoned LNG professional with more than 17 years of professional experience in the Oil and Gas Sector. In his previous role he was Vice President LNG at EDF (Trading), London one of the largest Ut
Representatives of farmers community have demanded of the government to implement the decision of supreme court regarding fixation of sugarcane price and ensure supply of irrigation water from Warsak Dam through lift irrigation system otherwise they will
Police Investigators were on the verge of reaching to the main culprit in the murder case of a five-year old minor girl child in Fathu, village of Tehsil Takhtbai, district Mardan. "We have collected blood samples from over 400 individuals of the locality
In order to ensure neat and clean Peshawar on the eve of Independence Day, the concerned officials of Water and Sanitation Services Company Peshawar (WSSP) have directed to perform their duties at the full and best on the special event of 14th August.
Six persons including two women of the same family were killed while three others injured when rival groups triggered firing on each other over a family dispute in Rajar area of district Charsadda on Sunday.
Pakistan Tehreek-e-Insaf (PTI) leader Shaukat Yousafzai on Sunday said he would challenge the annulment of election to Khyber Pakhtunkhwa Assembly seat from Shangla constituency (PK-23) by Election Commission of Pakistan (ECP). The PTI leader had emerged
SECP is committed to providing all assistance to the corporate sector in providing ease of starting and doing business and help the existing companies in distress, however, the SECP alone cannot achieve this daunting task without the support of the federa