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Print - 2018-09-26
Italy's bond yields tumble

Italy's bond yields tumble

Italian borrowing costs fell on Tuesday, narrowing the gap with its German peers, on signs that Italy's anti-establishment coalition is likely to reach a compromise over the 2019 budget. In contrast, Germany's benchmark 10-year bond yield rose to four-mon
Published 26 Sep, 2018 12:00am
Italy's bond yields tumble

Italy's bond yields tumble

Italian borrowing costs fell on Tuesday, narrowing the gap with its German peers, on signs that Italy's anti-establishment coalition is likely to reach a compromise over the 2019 budget. In contrast, Germany's benchmark 10-year bond yield rose to four-mon
Published 26 Sep, 2018 12:00am
Most Southeast Asian stocks fall

Most Southeast Asian stocks fall

Most Southeast Asian stock markets closed lower on Tuesday as an escalation in the Sino-US trade dispute hurt risk appetite, while a weak peso piled on the Philippines' woes. Broader Asia also struggled after China and the United States imposed new tariff
Published 26 Sep, 2018 12:00am
Oil majors help FTSE 100 rise, Next shines

Oil majors help FTSE 100 rise, Next shines

Britain's top share index edged up on Tuesday thanks to a surge in oil majors as crude prices hit a four-year high, while retailer Next stole the spotlight after a strong update confounded expectations. The FTSE 100 rose 0.2 percent by 0825 GMT, boosted b
Published 26 Sep, 2018 12:00am
Sanctions seen hitting Russia's economic growth, not rating: Fitch

Sanctions seen hitting Russia's economic growth, not rating: Fitch

US sanctions will weigh on Russia's economic growth but are unlikely to imminently deprive Moscow of its investment-grade rating, the head of Fitch Ratings Sovereigns group said on Tuesday. Concerns about more US sanctions against Russia have intensified
Published 26 Sep, 2018 12:00am
Sanctions seen hitting Russia's economic growth, not rating: Fitch

Sanctions seen hitting Russia's economic growth, not rating: Fitch

US sanctions will weigh on Russia's economic growth but are unlikely to imminently deprive Moscow of its investment-grade rating, the head of Fitch Ratings Sovereigns group said on Tuesday. Concerns about more US sanctions against Russia have intensified
Published 26 Sep, 2018 12:00am
Ryanair cancelling 190 flights over strike

Ryanair cancelling 190 flights over strike

Ryanair will cancel 190, or eight percent, of its flights due Friday when cabin crews strike across Europe, the Irish no-frills airline said Tuesday, attacking rivals for the disruption. The carrier said 30,000 customers would likely be affected by the wa
Published 26 Sep, 2018 12:00am
Ryanair signs deals with Italian cabin crew unions

Ryanair signs deals with Italian cabin crew unions

Ryanair has signed deals with cabin crew unions in Italy to provide employment contracts under Italian law, the Irish no-frills airline said Tuesday ahead of a Europe-wide strike over working conditions. The troubled Dublin-based carrier said in a stateme
Published 26 Sep, 2018 12:00am
US, Mexico ready to sign new NAFTA without Canada

US, Mexico ready to sign new NAFTA without Canada

The United States and Mexico could move ahead without Canada in a new version of the North American Free Trade Agreement, US Trade Representative Robert Lighthizer said Tuesday, according to media reports. Momentum appeared to have stalled last week in ef
Published 26 Sep, 2018 12:00am
South Africa relaxes visa rules to attract investors, tourists

South Africa relaxes visa rules to attract investors, tourists

South Africa on Tuesday announced visa reforms aimed at luring investment and tourists to help lift the continent's most advanced economy out of recession. Home Affairs Minister Malusi Gigaba unveiled a raft of regulations allowing frequent visitors and f
Published 26 Sep, 2018 12:00am
Novartis slashes thousands of jobs in Switzerland, UK

Novartis slashes thousands of jobs in Switzerland, UK

Pharmaceutical giant Novartis said Tuesday it will cut more than 2,000 jobs in Switzerland by 2022, while some 400 jobs could go in Britain as part of a global restructuring. The Swiss group said in a statement there would be a net-loss of 1,000 jobs at d
Published 26 Sep, 2018 12:00am
Michael Kors bags Versace for $2.1 billion

Michael Kors bags Versace for $2.1 billion

Fashion house Michael Kors announced Tuesday it had agreed to buy Italian luxury giant Versace, signalling an intention to move deeper into the international big league after snapping up shoemaker to the stars Jimmy Choo last year. Michael Kors, an iconic
Published 26 Sep, 2018 12:00am
US consumer confidence approaches all-time high

US consumer confidence approaches all-time high

Confidence among American consumers in September rose unexpectedly for the second month in a row, hovering near an 18-year high, according to a survey released Tuesday. The survey showed a sharp gain in optimism among consumers, with respondents apparentl
Published 26 Sep, 2018 12:00am
UK inflation expectations hit five-year high

UK inflation expectations hit five-year high

The British public's expectations for inflation have risen to their highest level in five years, a monthly YouGov survey for Citi showed on Tuesday. Public inflation expectations for the next 12 months rose to 2.9 percent in September from 2.7 percent in
Published 26 Sep, 2018 12:00am
Argentina's central bank chief resigns
Currency

Argentina's central bank chief resigns

The president of Argentina's central bank, Luis Caputo, abruptly resigned on Tuesday after just three months in the position, amid a volatile economic crisis. The resignation, which the bank said was for "personal reasons," came as President Mauricio Macr
Published 26 Sep, 2018 12:00am
Qualcomm alleges Apple gave swiped chip secrets to Intel

Qualcomm alleges Apple gave swiped chip secrets to Intel

Qualcomm escalated a legal war with Apple, accusing the iPhone maker of stealing secrets and sharing them with mobile chip rival Intel, according to court documents. The California mobile chipmaker on Monday added the sizzling accusation in an amendment t
Published 26 Sep, 2018 12:00am
DHL heir allowed to leave Pacific island for drug rehab

DHL heir allowed to leave Pacific island for drug rehab

DHL heir and convicted drug trafficker Larry Hillbroom Jr was given permission Tuesday to leave the Pacific nation of Palau to undergo addiction therapy, with a judge citing his wealth as a major factor in the decision. The multi-millionaire has long batt
Published 26 Sep, 2018 12:00am
Rapid rise in US health care data hacks

Rapid rise in US health care data hacks

There has been an explosion of health care data breaches in the United States in recent years, a study out Tuesday says. Between 2010 and last year 176 million health records were breached, according to the medical journal JAMA. The research is based on r
Published 26 Sep, 2018 12:00am
South Sudan doctor wins UN refugee prize

South Sudan doctor wins UN refugee prize

A South Sudanese doctor who runs an overcrowded hospital with a dimly-lit surgical theatre and no regular supply of general anaesthetics on Tuesday won the UN refugee agency's prestigious Nansen award. Evan Atar Adaha's Maban hospital in the South Sudanes
Published 26 Sep, 2018 12:00am
MEP expenses to remain secret, top EU court rules

MEP expenses to remain secret, top EU court rules

The EU's highest court ruled Tuesday that the European Parliament has the right to keep secret how individual MEPs spend their allowances, in a blow to advocates for more transparency.
Published 26 Sep, 2018 12:00am
US irks China with proposed sale of military parts to Taiwan

US irks China with proposed sale of military parts to Taiwan

China expressed "strong dissatisfaction" on Tuesday over US plans to sell a batch of military parts to the self-governing island of Taiwan, adding to tensions between the global superpowers. The $330 million contract would see the US ship standard spare p
Published 26 Sep, 2018 12:00am
US ramps up pressure on Venezuela with sanctions, harsh warnings

US ramps up pressure on Venezuela with sanctions, harsh warnings

The United States cranked up the pressure on Venezuela's President Nicolas Maduro on Tuesday, imposing sanctions on his wife and more of his inner circle and issuing harsh warnings about his vulnerability to an overthrow. President Donald Trump said the "
Published 26 Sep, 2018 12:00am
UK opposition keeps door open to staying in EU

UK opposition keeps door open to staying in EU

The Brexit spokesman of Britain's main opposition Labour Party on Tuesday raised the possibility of the country staying in the EU, more than two years after Britons voted to leave. Keir Starmer told the leftwing party's conference that another vote on Bri
Published 26 Sep, 2018 12:00am
Karabakh military drills spark fury in Azerbaijan

Karabakh military drills spark fury in Azerbaijan

The Armenian-backed breakaway statelet of Nagorny Karabakh said its airforce would conduct military exercises from Tuesday, sparking fury in Azerbaijan ahead of UN talks. The ex-Soviet state of Azerbaijan and separatists backed by Armenia fought a war ove
Published 26 Sep, 2018 12:00am
UK life expectancy stalls for first time since 1982

UK life expectancy stalls for first time since 1982

Life expectancy has fallen in Scotland and Wales and has stopped improving for the first time since 1982 in Britain as a whole, according to official data released on Tuesday. Life expectancy for both men and women fell by 0.1 years in Scotland and Wales
Published 26 Sep, 2018 12:00am
World Bank warns Gaza's economy in 'free fall'

World Bank warns Gaza's economy in 'free fall'

The World Bank warned Tuesday that the Gaza Strip's economy is in "free fall" as cuts to aid and salaries add to an already crippling Israeli blockade on the Hamas-run enclave. The bank's report will be presented to the international donor group for Pales
Published 26 Sep, 2018 12:00am
Turkey sends reinforcements to Syria's Idlib

Turkey sends reinforcements to Syria's Idlib

Turkey beefed up its military positions in Syria's rebel bastion of Idlib Tuesday as the clock ticked down on a mid-October deadline to remove jihadists from the area. Further complicating Turkey's task, a war monitor said hundreds of members of the Islam
Published 26 Sep, 2018 12:00am
Copper pressured by China property worries

Copper pressured by China property worries

Copper, zinc and other base metals slid on Tuesday, rattled by more concerns about the economy of top metals consumer China and adjusting after a one-day closure of Chinese markets. Chinese share markets fell on Tuesday, partly driven by a plunge in prope
Published 26 Sep, 2018 12:00am
India eases oil import rules

India eases oil import rules

India has for the first time allowed state refiners to buy 35 percent of their oil imports in tankers arranged by the seller, a document reviewed by Reuters showed, enabling them to swiftly tap cheaper cargoes. The move will help refiners in Iran's second
Published 26 Sep, 2018 12:00am
Oil jumps, then pares gains as Trump pressures OPEC again

Oil jumps, then pares gains as Trump pressures OPEC again

Oil prices rose on Tuesday on global supply concerns following US sanctions on Iran's oil exports, with benchmark Brent surging to a four-year high, then retraced gains to settle just slightly higher after US President Donald Trump called again on OPEC to
Published 26 Sep, 2018 12:00am
Arabica coffee slides
Currency

Arabica coffee slides

ICE arabica coffee futures fell on Tuesday, pressured by a weaker Brazilian currency and as producers hedged supplies and speculators unwound long positions, while raw sugar edged up from a one-month low. December arabica coffee settled down 1.4 cents, or
Published 26 Sep, 2018 12:00am
Tokyo rubber lower

Tokyo rubber lower

Benchmark Tokyo rubber futures for new March delivery closed lower from their opening price on Tuesday as a fresh round of US-China tariffs and a surge in oil prices to near four-year highs added to worries about risks to global growth. "There are concern
Published 26 Sep, 2018 12:00am
Palm oil gains for second straight day
Currency

Palm oil gains for second straight day

Malaysian palm oil futures edged up for a second consecutive session on Tuesday, tracking strength in crude oil prices and a weaker ringgit. A weaker ringgit, palm's currency of trade, usually supports the edible oil by making it cheaper for holders of fo
Published 26 Sep, 2018 12:00am
Gold gains in Europe
Currency

Gold gains in Europe

Gold edged up on Tuesday as the dollar drifted ahead of a US Federal Reserve meeting, but the precious metal's upside remains capped by strong US economic data that continues to underpin the greenback. The dollar fell versus a basket of major currencies,
Published 26 Sep, 2018 12:00am
US MIDDAY: wheat, corn fall

US MIDDAY: wheat, corn fall

Chicago wheat and corn futures fell on Tuesday after the US Department of Agriculture (USDA) gave a positive picture of US crop progress. Soyabeans rose after recent sharp declines, largely caused by the US-China trade war, created buying opportunities. C
Published 26 Sep, 2018 12:00am
US MIDDAY: gold climbs
Currency

US MIDDAY: gold climbs

Gold edged higher on Tuesday as the dollar drifted ahead of a US Federal Reserve monetary policy meeting, but bullion's upside remained capped by strong US economic data that continues to underpin the greenback. The US dollar fell against a basket of curr
Published 26 Sep, 2018 12:00am
ABAIB opens Islamic banking window at Azam Cloth Market

ABAIB opens Islamic banking window at Azam Cloth Market

Allied Bank Aitbaar Islamic Banking (ABAIB) has been instrumental in providing products and services to cater the Shariah Compliant banking requirements of valued clients through its network of 117 dedicated Islamic Banking Branches covering 53 major citi
Published 26 Sep, 2018 12:00am
Lack of facilities at NIIA irks Senate body

Lack of facilities at NIIA irks Senate body

A parliamentary panel Tuesday showed serious reservations over mismanagement and lack of basic facilities at New Islamabad International Airport (NIIA), which are causing great hardships for public. The Senate Standing Committee on Aviation met with Senat
Published 26 Sep, 2018 12:00am
Railways allowed to recruit 2,031 against vacant posts

Railways allowed to recruit 2,031 against vacant posts

Establishment Division has granted NoC to Pakistan Railways to recruit against 2031 vacant posts on regular basis, which would widen the existing department deficit, official sources revealed to Business Recorder. A notification of the Establishmen
Published 26 Sep, 2018 12:00am
Thal Industries Corporation Limited

Thal Industries Corporation Limited

Company Profile Thal Industries Corporation Limited (PSX: TICL) is a listed public limited entity incorporated in 1953. TICL is a manufacturing concern which is principally engaged in production and sale of refined sugar and its byproducts.
Published 26 Sep, 2018 12:00am
Thal Industries Corporation Limited

Thal Industries Corporation Limited

Company Profile Thal Industries Corporation Limited (PSX: TICL) is a listed public limited entity incorporated in 1953. TICL is a manufacturing concern which is principally engaged in production and sale of refined sugar and its byproducts.
Published 26 Sep, 2018 12:00am
1,295 bikers fined for not wearing helmets

1,295 bikers fined for not wearing helmets

The City Traffic Police (CTP) Lahore during the second day of its ongoing operation against motorcyclists without helmets imposed heavy fines on 1,295 bike riders on The Mall. "We have so far issued 3775 heavy fines to motorcyclists for not wearing helmet
Published 26 Sep, 2018 12:00am
Punjab government finalises recommendations for LG system

Punjab government finalises recommendations for LG system

The Punjab government on Tuesday has finalized the recommendations for the new local bodies system which will be presented before Prime Minister Imran Khan for his approval. In this connection, Punjab Senior Minister Abdul Aleem Khan chaired a meeting. He
Published 26 Sep, 2018 12:00am
USAID offers to launch IHSS-DS programme in Punjab

USAID offers to launch IHSS-DS programme in Punjab

USAID, an international welfare program under the US government has offered to launch 'Integrated Health Systems and Service Delivery Program (IHSS-DS)' in Punjab for strengthening of health sector. In this regard, a delegation of USAID led by its country
Published 26 Sep, 2018 12:00am
Buzdar vows to strengthen LG institutions

Buzdar vows to strengthen LG institutions

Punjab chief minister Sardar Usman Buzdar Tuesday said that local bodies' institutions will be strengthened and made fully functional through devolution of powers and authority at the grassroots level so that problems of the people could be solved at thei
Published 26 Sep, 2018 12:00am
4,700 Lesco employees to be regularized

4,700 Lesco employees to be regularized

As many as 4700 contract employees of the Lahore Electric Supply Company (LESCO) will be extended the status of regular employees, said sources. The sources said that the power division is set to extend a similar status to the contractual employees workin
Published 26 Sep, 2018 12:00am
Fast food outlet sealed over unhygienic condition

Fast food outlet sealed over unhygienic condition

The Punjab Food Authority (PFA) late last night sealed a famous restaurant and imposed heavy fine on two bread manufacturers due to breach of the PFA law. According to details, the PFA sealed a famous food point (Yasir Broast) over the worst condition of
Published 26 Sep, 2018 12:00am
LHC orders removal of barricades from Hamza's residence

LHC orders removal of barricades from Hamza's residence

The Lahore High Court on Tuesday directed the Assistant Commissioner (AC) Model Town to remove all hurdles and barricades erected illegally outside the residence of opposition leader in Punjab Assembly Hamza Shahbaz Sharif. As the proceedings commenced, p
Published 26 Sep, 2018 12:00am
International Day of Peace commemorated

International Day of Peace commemorated

A leading youth development organization, Bargad commemorated the International Day of Peace 2018 with 300 youth representatives from districts of Punjab. The Secretary for Youth Affairs, Sports, Archaeology and Tourism, Muhammad Ayub was the chief guest
Published 26 Sep, 2018 12:00am
Security can't be provided to Tahir Ashrafi, LHC told

Security can't be provided to Tahir Ashrafi, LHC told

The police told the Lahore High Court on Tuesday that official security could not be provided to chairman of his own faction of Pakistan Ulema Council Allama Tahir Mahmood Ashrafi. The police further told the court that as per reports of different agencie
Published 26 Sep, 2018 12:00am
Wattoo to contest by-poll on PTI ticket

Wattoo to contest by-poll on PTI ticket

Former chief minister Punjab Manzoor Wattoo is all set to contest by-polls after joining the Pakistan Tehreek-e-Insaf, said sources. It may be noted that PTI's Jehangir Tareen had called on him last week and invited him to join the PTI. Federal Minister G
Published 26 Sep, 2018 12:00am
Punjab to provide 80 percent subsidy on installing solar panels

Punjab to provide 80 percent subsidy on installing solar panels

The Punjab government has announced to provide a subsidy of 80 percent to farmers on installation of solar panels for running drip/sprinkle systems. The farmers who have installed drip/sprinkle system during past and current financial year are also eligib
Published 26 Sep, 2018 12:00am
Experts stress need for overcoming post-harvest losses

Experts stress need for overcoming post-harvest losses

Agriculture Scientists and Experts have emphasized the need for overcoming post-harvest loses; which can be increased productivity and farmer's income up-to 40 percent. Addressing at the All Pakistan Food Sciences Conference; arranged by National Institut
Published 26 Sep, 2018 12:00am
Hamdard Naunehal Assembly: 'Public support vital for defeating enemy'

Hamdard Naunehal Assembly: 'Public support vital for defeating enemy'

Colonel Mukhtar Ahmed Butt (retd) has said our enemy tried hard to create differences in our nation on the pretext of sectarianism, extremism and regionalism. "We were not so fully prepared in 1965; even then, we defeated the enemy's army, but now we are
Published 26 Sep, 2018 12:00am
ABL organizes seminar in Sialkot

ABL organizes seminar in Sialkot

As part of its corporate social responsibility, Allied Bank organized a seminar on "Transition of Family Owned structure to corporate structure" at Sialkot on July 05, 2018, which was conducted by renowned economist Dr Ishrat Husain (Ex-Governor SBP). The
Published 26 Sep, 2018 12:00am
New Daraz App has millions of products and knows your choice

New Daraz App has millions of products and knows your choice

This invitation is addressed to you, the user. Just like the new Daraz app is. Addressed to your personal preferences and priorities. What: The New Daraz APP is here, along with brand new features, software and algorithms built from the ground up to ensu
Published 26 Sep, 2018 12:00am
Probe into elections' rigging: PSP to contact parliamentary body

Probe into elections' rigging: PSP to contact parliamentary body

Pak Sarzameen Party (PSP) on Tuesday decided to constitute a committee to contact Parliamentary Committee to probe rigging in general elections 2018. The PSP committee will be headed by its Vice Chairman Wasim Aftab and would give its inputs to the nation
Published 26 Sep, 2018 12:00am
CM's Adviser visits Institute of Physical Medicine & Rehabilitation

CM's Adviser visits Institute of Physical Medicine & Rehabilitation

Advisor to Chief Minister Sindh on Information, Law and Anti-Corruption Barrister Murtaza Wahab Tuesday visited the first-ever state-of-the-art centre Institute of Physical Medicine & Rehabilitation (IPM&R), first civilian rehabilitation institute in Paki
Published 26 Sep, 2018 12:00am
PILDAT dialogue: Lawmakers for revival of students' unions

PILDAT dialogue: Lawmakers for revival of students' unions

Lawmakers belonging to different political parties have stressed upon the revival of student unions in the country in order to eradicate the growing menace of extremism in educational institutions. The PILDAT and UNDP Pakistan conducted a 'Youth Dialogue
Published 26 Sep, 2018 12:00am
Passing-out parade of 62nd batch of FC Balochistan held

Passing-out parade of 62nd batch of FC Balochistan held

Passing out parade of 62nd batch of Frontier Corps Balochistan was held at School of FC Training Centre in Loralai on Tuesday. Chief Guest of the ceremony Sector Commander North Brigadier Nadeem Sohail and martyred FC soldier Muhammad Waseem's father were
Published 26 Sep, 2018 12:00am
Japan hands over blood donation vehicle to AMTF

Japan hands over blood donation vehicle to AMTF

The Government of Japan has handed over a secondhand blood donation vehicle to Afzaal Memorial Thalassemia Foundation on Tuesday. For the purpose, the ceremony was held at the Afzaal Memorial Thalassemia Foundation, Karachi where Toshikazu Isomura, Consul
Published 26 Sep, 2018 12:00am
IT regulatory authority in the offing, says minister

IT regulatory authority in the offing, says minister

Federal Minister for Information Technology and Telecommunication Khalid Maqbool Siddiqui on Tuesday underscored the need of an IT regulatory authority with a vision to enhance IT education standard in the country. "Establishment of a regulatory authority
Published 26 Sep, 2018 12:00am
CCP to issue show-cause notice to top telecom firm

CCP to issue show-cause notice to top telecom firm

On the directions of Islamabad High Court, the Competition Commission of Pakistan (CCP) has passed an order deciding that the show cause notice issued to a top telecom company for abuse of its dominant position and, prima facie, violation of the Section 3
Published 26 Sep, 2018 12:00am
NAB reiterates to wipe out corruption

NAB reiterates to wipe out corruption

The National Accountability Bureau (NAB) is absolutely committed to eradicate corrupt with iron hands as eradication of corruption is top most priority of the NAB and all efforts are being made in this regard. The NAB has devised comprehensive national an
Published 26 Sep, 2018 12:00am
'UK wants evidence, not political rhetorics to curb corruption'

'UK wants evidence, not political rhetorics to curb corruption'

The United Kingdom giving a clear message to Pakistan linked its assistance to curb corruption and money-laundering strictly with evidence of the misdeed. British Home Secretary Sajid Javid, who was in Pakistan last week for bilateral talks, said that his
Published 26 Sep, 2018 12:00am
Work at Lahore's passport offices suspended

Work at Lahore's passport offices suspended

An internet fault led to suspension of operations at the passport offices in the city on Tuesday. According to details, the server link of the passport office got down from Islamabad that led to an emergency situation across the country. The passport offi
Published 26 Sep, 2018 12:00am
Efforts to be made for increasing education budget: minister

Efforts to be made for increasing education budget: minister

Pakistan's Minister for Education and Professional Training, Shafqat Mahmood, has called for an increase in the funding for education worldwide so that nations move forward. He was speaking at an international conference, which was organized on the margin
Published 26 Sep, 2018 12:00am
Rs 11.27 billion SDGP surplus budget presented

Rs 11.27 billion SDGP surplus budget presented

Peshawar District Nazim Mohammad Asim Khan has presented a surplus budget of Rs 11.27 billion for the financial year 2018-19. The amount is included the estimates receipts of Rs 10.55 billion of the Provincial Finance Commission (PDC), Local Fund Rs.645.9
Published 26 Sep, 2018 12:00am
35-40 percent water shortfall calculated for Rabi season

35-40 percent water shortfall calculated for Rabi season

Indus River System Authority (Irsa) has projected up to 40 per cent shortage of water in cropping season of Rabi 2018-19, starting from October 1, 2018. These alarming shortfall figures were calculated at a meeting of Irsa Advisory Committee held on Tuesd
Published 26 Sep, 2018 12:00am
OPPO to launch new F9 edition

OPPO to launch new F9 edition

OPPO, the Selfie expert and leader after successfully launching the F9 in sunrise red and twilight blue last month is now set to launch its new F9 edition in Starry Purple with VOOC flash charge in Pakistan market. OPPO has also partnered with Pakistan's
Published 26 Sep, 2018 12:00am
SU, BU sign MoU

SU, BU sign MoU

University of Sindh has signed a Memorandum of Understanding (MoU) with Baltistan University (BU), Skardu, Gilgit Baltistan. This Memorandum of Understanding features, inter-alia, a mutual desire to promote institutional cooperation, seeking of reciprocal
Published 26 Sep, 2018 12:00am
Hutchison Ports sets new vessel handling record for Karachi

Hutchison Ports sets new vessel handling record for Karachi

Hutchison Ports Pakistan, the country's first deep-water container terminal, has set a new vessel handling record for Karachi, having handled 5,862 moves in just over 27 hours while servicing the 8,652-TEU Hyundai Brave. During the vessel's stay, the term
Published 26 Sep, 2018 12:00am
Terrorist involved in Safoora bus attack arrested

Terrorist involved in Safoora bus attack arrested

A terrorist involved in the 2015 attack on a bus near Safoora Chowrangi in Karachi has been arrested. Naveed alias Sharif is associated with Al-Qaeda and was arrested from Dadu, SSP Tanveer Tunio confirmed to Geo News on Tuesday.
Published 26 Sep, 2018 12:00am
Shujaat, Pervez vow to carry out Ch Zahoor's mission

Shujaat, Pervez vow to carry out Ch Zahoor's mission

Pakistan Muslim League-Q (PML) President Ch Shujaat Hussain and Speaker Punjab Assembly Ch Pervez Elahi have vowed to carry forward Ch Zahoor Elahi Shaheed's mission of public service, stability and unity of the country. They were addressing a large gathe
Published 26 Sep, 2018 12:00am
Government to ensure OLMT's timely completion: minister

Government to ensure OLMT's timely completion: minister

Punjab Finance Minister Makhdoom Hashim Jawan Bakhat has said that the Punjab government will ensure timely completion of the Orange Line Metro Train (OLMT) and no project will be dumped due to political differences. He expressed these views while talking
Published 26 Sep, 2018 12:00am
PAE elected as full member of CAETS

PAE elected as full member of CAETS

The Pakistan Academy of Engineering (PAE) has become the first engineering academy of the Muslim world to have been elected as a full member of the International Council of Academies of Engineering and Technological Sciences Inc (CAETS).
Published 26 Sep, 2018 12:00am
'10 million people using hard, soft drugs across country'

'10 million people using hard, soft drugs across country'

Expressing grave concern over alarming surge in cases of drug addiction in Pakistan, Director Drug Advisory Training Hub (DATH) Syed Zulifqar Hussain Tuesday said there are estimated 10 million drug addicts in the country using both hard and soft drugs.
Published 26 Sep, 2018 12:00am
Irish trainers impart training to 709 ER technicians

Irish trainers impart training to 709 ER technicians

The first batch of 709 emergency medical technicians trained in collaboration with National Ambulance Service College Ireland at the Emergency Services Academy underwent final examination under the supervision of Martin Dunne, Director National Ambulance
Published 26 Sep, 2018 12:00am
By-elections: 158 in run for one NA, nine PA seats in KP

By-elections: 158 in run for one NA, nine PA seats in KP

As many as 158 candidates including three women of different political parties and independents are in the run for the forthcoming by-elections on October 14 in Khyber Pakhtunkhwa, said a spokesman for ECP KP here Tuesday.
Published 26 Sep, 2018 12:00am
14 arrested for illegal hunting

14 arrested for illegal hunting

The Wildlife & Parks Department Punjab arrested on Tuesday 14 people involved in illegal netting of quail and falcon and hunting without license. The raiding teams arrested these people from Lahore, Kasur, Sheikhupura and Nankana Sahib. Hunted birds and e
Published 26 Sep, 2018 12:00am
NA-108: Abid challenges PTI's candidate's election

NA-108: Abid challenges PTI's candidate's election

A PML-N leader and former state minister Abid Sher Ali has challenged the election of PTI candidate Farrukh Habib from NA-108 through an election petition before the Lahore High Court (LHC). The petitioner contended that the recounting of rejected as well
Published 26 Sep, 2018 12:00am
Minister accused of flouting 'open door' policy

Minister accused of flouting 'open door' policy

Minister for Higher Education Punjab Raja Yasir Hamayun is violating the open door policy for public announced by Prime Minister Imran Khan to resolve their problems.
Published 26 Sep, 2018 12:00am
Khursheed terms corruption cases 'politically motivated'

Khursheed terms corruption cases 'politically motivated'

Pakistan Peoples Party (PPP) leader Syed Khursheed Ahmed Shah on Tuesday said that corruption cases initiated against him by National Accountability Bureau (NAB) are nothing but politically motivated. While talking to journalists at the Parliament House,
Published 26 Sep, 2018 12:00am
Idea of setting up mini hydel power plants mooted

Idea of setting up mini hydel power plants mooted

The lawmakers in Senate on Tuesday demanded the government to immediately start installation of mini-hydel power plants in areas where there is no electricity and accord priority to Balochistan where about 75 percent population is still without this vital
Published 26 Sep, 2018 12:00am
Bid to smuggle 17 tons of betel nuts foiled

Bid to smuggle 17 tons of betel nuts foiled

Model Customs Collectorate (MCC), Gadani on Tuesday foiled an attempt to smuggle 17 tons of betel nuts from Quetta to Karachi. According to details, credible information was received that some unscrupulous elements were planning to transport huge quantity
Published 26 Sep, 2018 12:00am
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