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Feb 16, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-02-06
JI chief terms Afghanistan peace deal a 'defeat of US'

JI chief terms Afghanistan peace deal a 'defeat of US'

Chief of Jamaat-e-Islami (JI), Siraj-ul-Haq on Tuesday termed the Afghanistan peace deal as a 'defeat' of the US, saying that Pakistan should step up its support to the Afghans for perpetuating peace and stability in the war-torn country.
Published 06 Feb, 2019 12:00am
Kashmir Day marked at SU

Kashmir Day marked at SU

Our Kashmiri brethren have rendered invaluable sacrifices. India, despite most formidable and sinister atrocities has not been able to silence the most vocal and most judicious voice of Kashmiri people. Pakistan stands in utter support of the exemplary st
Published 06 Feb, 2019 12:00am
Proposed inclusion of rice sector in 'Zero Rated Basket' hailed

Proposed inclusion of rice sector in 'Zero Rated Basket' hailed

Rice exporters have welcomed the government's proposal of adding the rice sector into 'Zero Rated Basket' for promotion of export. Adviser to the Prime Minister on Commerce, Textile, Industry and Production and Investment, Abdul Razak Dawood, announced th
Published 06 Feb, 2019 12:00am
Hotel manager shot at and injured

Hotel manager shot at and injured

A hotel manager sustained severe injuries after being shot by a man over a small tiff, last night, private TV channel reported on Tuesday. According to police, the incident took place, when a man identified as Mir Mustafa Rashdi along with his brother, At
Published 06 Feb, 2019 12:00am
Rallies, conferences mark Kashmir Solidarity Day

Rallies, conferences mark Kashmir Solidarity Day

Kashmir Solidarity Day was observed on Tuesday in a befitting manner in this metropolis where almost all major political parties, religious groups and human rights activists reaffirmed their full support to oppressed people of occupied Kashmir and their r
Published 06 Feb, 2019 12:00am
BMP for restorating 27 trade bodies annulled by DGTO

BMP for restorating 27 trade bodies annulled by DGTO

Businessmen Panel (BMP) chairman Mian Anjum Nisar has urged the Ministry of Commerce (MOC) to restore twenty-seven trade bodies whose licenses were cancelled earlier by the Directorate General of Trade Organisation (DGTO) so that these trade bodies may wo
Published 06 Feb, 2019 12:00am
Kashmir Day observed in Hyderabad

Kashmir Day observed in Hyderabad

The people from different walks of life expressed solidarity with Kashmiris by taking out rallies and holding events to highlight the Kashmir issue in Hyderabad on Tuesday. The Commissioner Hyderabad Muhammad Abbas Baloch along with people from different
Published 06 Feb, 2019 12:00am
Unilever's Shazia takes over as OICCI president

Unilever's Shazia takes over as OICCI president

Shazia Syed, Chief Executive Officer, Unilever Pakistan Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2019 term. This was announced at the 159th Annual General Meeting of the OICCI held
Published 06 Feb, 2019 12:00am
PPP always stands with people of Kashmir: adviser

PPP always stands with people of Kashmir: adviser

Adviser to Sindh Chief Minister on Information & Archives, Law, and Anti-Corruption Establishment Barrister Murtaza Wahab has said that the opinion of the people of Kashmir is the most important for the final settlement of Kashmir issue. In a statement on
Published 06 Feb, 2019 12:00am
Over 10,000 illegal number plates removed from vehicles in KP

Over 10,000 illegal number plates removed from vehicles in KP

The Excise, Taxation and Narcotics Control Department, Government of Khyber Pakhtunkhwa has removed 10,000 illegal number plates and 600 official number plates from vehicles not authorized to use government number plates. The action was taken during a cra
Published 06 Feb, 2019 12:00am
Draft of Pakistan Banao Certificates Rules, 2018

Draft of Pakistan Banao Certificates Rules, 2018

SR0 1454(I)/2018: The following draft of Pakistan Banao Certificates Rules, 2018 proposed to be made by the Federal Government in exercise of the powers conferred by Section 28 of the Public Debt Act, 1944 (XVIII of 1944) is hereby published, as required
Published 06 Feb, 2019 12:00am
Draft of Pakistan Banao Certificates Rules, 2018

Draft of Pakistan Banao Certificates Rules, 2018

SR0 1454(I)/2018: The following draft of Pakistan Banao Certificates Rules, 2018 proposed to be made by the Federal Government in exercise of the powers conferred by Section 28 of the Public Debt Act, 1944 (XVIII of 1944) is hereby published, as required
Published 06 Feb, 2019 12:00am
PM urges freedom lovers to stand with Kashmiris

PM urges freedom lovers to stand with Kashmiris

Prime Minister Imran Khan Tuesday urged all the freedom loving people in the world to stand with the Kashmiris in their demand for freedom from the Indian Occupation. On his twitter account, the Prime Minister said "The brutality of Indian security forces
Published 06 Feb, 2019 12:00am
Government moving towards economic self-reliance: Buzdar

Government moving towards economic self-reliance: Buzdar

Punjab Chief Minister Sardar Usman Buzdar on Tuesday said that the government is moving ahead for economic self-reliance with firm determination under the leadership of Prime Minister Imran Khan.
Published 06 Feb, 2019 12:00am
KBP mark 'Kashmir Day'

KBP mark 'Kashmir Day'

The Kissan Board Pakistan (KBP) arranged rallies and protest meetings across the country to mark 'Kashmir Day' on Tuesday to express solidarity with the Kashmiris.
Published 06 Feb, 2019 12:00am
JI holds Kashmir Day rallies across country

JI holds Kashmir Day rallies across country

People all over the country observed Kashmir Solidarity Day on the call of the chief of Jamaat-e-Islami Sirajul Haq and Tehreek Azadi Jammu Kashmir (TAJK) to assure the Kashmiri brethren that the Pakistani nation would extend them all possible help and su
Published 06 Feb, 2019 12:00am
CM exhorts officials to improve performance

CM exhorts officials to improve performance

Punjab Chief Minister Sardar Usman Buzdar has expressed strong displeasure over public complaints relating to health and education sectors in different districts of the province. He issued warnings to the district heads of both the sectors for improving t
Published 06 Feb, 2019 12:00am
LHC to hear bail plea of Shahbaz today

LHC to hear bail plea of Shahbaz today

A division bench of the Lahore High Court (LHC) headed by Justice Malik Shehzad Ahmed would proceed today with bail petitions of opposition leader in national assembly Shahbaz Sharif in Ashiana Housing scheme and Ramzan Sugar mills cases. On previous hear
Published 06 Feb, 2019 12:00am
Sacrifices rendered by Kashmiris won't go in vain: Aleem

Sacrifices rendered by Kashmiris won't go in vain: Aleem

Punjab Senior Minister Abdul Aleem Khan on Tuesday said that the Pakistanis will always remember the sacrifices rendered by the Kashmiris and they will continue to support the freedom of Kashmir. In his Kashmir Day message, he claimed that Kashmir is not
Published 06 Feb, 2019 12:00am
PSMA for steel melting units' registration with RTOs

PSMA for steel melting units' registration with RTOs

The Pakistan Steel Melters Association (PSMA) has said that steel melting furnaces established in the sugar mills should be registered with the regional tax offices concerned for the purpose of sales tax and income tax. The Association in a letter to Fede
Published 06 Feb, 2019 12:00am
International moot on AP today

International moot on AP today

Punjab University Institute of Applied Psychology (IAP) in collaboration with Higher Education Commission of Pakistan, Punjab Higher Education Commission and Pakistan Psychological Association is organizing 3-day international conference of Applied Psycho
Published 06 Feb, 2019 12:00am
Kashmir Solidarity Day observed in Sialkot

Kashmir Solidarity Day observed in Sialkot

Kashmir Solidarity day was observed for expressing complete harmony with Kashmiri brothers and to jerk the conscience of the glob, champions of human rights as well as to force United Nations for implementation of its resolutions on Kashmir. Kashmir Solid
Published 06 Feb, 2019 12:00am
Kashmir Day marked

Kashmir Day marked

The public and private sector schools, colleges and universities in Lahore remained closed on Tuesday. The educational institutes hold declamation and national-song contests to mark Kashmir Day on February 5. Students and teachers at their respective inst
Published 06 Feb, 2019 12:00am
UN urged to help resolve Kashmir dispute

UN urged to help resolve Kashmir dispute

The business community has urged the United Nations to play its role for fair solution of the Kashmir issue and force India to enforce the UNO's resolutions regarding plebiscite right for the Kashmiri people. Pakistan Industrial and Traders Association Fr
Published 06 Feb, 2019 12:00am
Drip irrigation promotion: Nestle Pakistan vows to save water

Drip irrigation promotion: Nestle Pakistan vows to save water

All over the world, around 70% of water is used in agriculture sector. In Pakistan, that percentage stands at 90%, with 50% wastage due to poor irrigation methods. The water saving is possible by the installation of drip irrigation as opposed to flood irr
Published 06 Feb, 2019 12:00am
PPP seeks chairmanship of Kashmir body for Bilawal

PPP seeks chairmanship of Kashmir body for Bilawal

Pakistan People's Party (PPP) Secretary General Ch Manzoor Ahmed has demanded appointment of Bilawal Bhutto as Chairman of Kashmir Committee in order to highlight the issue internationally. He was addressing party workers at a camp set up by the party at
Published 06 Feb, 2019 12:00am
Nishat Mills Limited
Mutual Funds

Nishat Mills Limited

Nishat Mills Limited (PSX: NML) needs no introduction. The company is the foundation stone upon which the Nishat Group was built and is one of the biggest textile composite juggernauts in Pakistan. Established in 1951, NML now boasts of 238,032 spindles a
Published 06 Feb, 2019 12:00am
Nishat Mills Limited
Mutual Funds

Nishat Mills Limited

Nishat Mills Limited (PSX: NML) needs no introduction. The company is the foundation stone upon which the Nishat Group was built and is one of the biggest textile composite juggernauts in Pakistan. Established in 1951, NML now boasts of 238,032 spindles a
Updated 06 Feb, 2019 06:52am
Public transport in Karachi caters only 42 percent demand: study

Public transport in Karachi caters only 42 percent demand: study

Karachi's existing public transport system has only 4.5% of the total vehicles fleet and serves about 42% of the commuter's demand. The majority used the private vehicles for commuting, which are estimated 36% of the total vehicular traffic however contai
Published 06 Feb, 2019 12:00am
Transfers, postings in FBR

Transfers, postings in FBR

The Federal Board of Revenue (FBR) has transferred and posted nine officials of Inland Revenue Service (BS-20-21) and 44 officials of Pakistan Customs Service (BS-19-20) with immediate effect.
Published 06 Feb, 2019 12:00am
US MIDDAY: gold surges

US MIDDAY: gold surges

Gold moved slightly higher on Tuesday, supported by uncertainties surrounding US-China trade relations ahead of President Donald Trump's State of the Union address to the Congress, while a firmer dollar and rising global stock markets capped gains. Spot g
Published 06 Feb, 2019 12:00am
US MIDDAY: soyabeans slip

US MIDDAY: soyabeans slip

US soyabean futures eased on Tuesday in a profit-taking setback from recent highs after new export purchases by China lifted the market to a 7-1/2-month peak late last week. The US Department of Agriculture confirmed nearly 3 million tonnes of US soyabean
Published 06 Feb, 2019 12:00am
Gold rises in Europe

Gold rises in Europe

Gold rose on Tuesday, supported by uncertainties surrounding US-China trade relations ahead of US President Donald Trump's State of the Union address, while a firmer dollar and rising global stock markets capped gains. Spot gold rose about 0.2 percent to
Published 06 Feb, 2019 12:00am
Gold just above one-week low in Asia

Gold just above one-week low in Asia

Gold were close to a near one-week low on Tuesday, as a stronger dollar and renewed interest in riskier assets dampened demand. Spot gold edged 0.1 percent higher to $1,313.02 per ounce by 1058 GMT, having hit its weakest since Jan. 29 at $1,308.20 in the
Published 06 Feb, 2019 12:00am
Gold slips in New York
Currency

Gold slips in New York

Gold retreated to a near one-week low on Monday's trading close as the dollar built on momentum from upbeat US economic data, denting bullion's appeal. Spot gold was down 0.3 percent at $1,313.40 per ounce as of 2:00 pm EST (1900 GMT), having dipped to it
Published 06 Feb, 2019 12:00am
London cocoa rises, buoyed by weak pound

London cocoa rises, buoyed by weak pound

London cocoa futures on ICE rose on Tuesday to a two-week high, supported by weakness in the British pound, while raw sugar and arabica coffee slipped. May London cocoa settled up 19 pounds, or 1.16 percent, at 1,658 pounds per tonne, the highest since Ja
Published 06 Feb, 2019 12:00am
Tokyo rubber slides 2 percent

Tokyo rubber slides 2 percent

Benchmark Tokyo rubber futures slid in thin trading on Tuesday after an initial rally, as Nikkei shares reversed gains. Trading was light as markets in greater China, South Korea, Singapore and Indonesia were shut for the Lunar New Year. Japan's Nikkei in
Published 06 Feb, 2019 12:00am
Paris wheat falls

Paris wheat falls

European wheat futures in Paris fell on Tuesday, undermined by weakness in Chicago and doubts over whether the hoped-for upturn in western European exports will materialise. March milling wheat, the most active contract on the Paris-based Euronext exchang
Published 06 Feb, 2019 12:00am
Oil prices slip on economic concerns, dollar gains

Oil prices slip on economic concerns, dollar gains

Oil prices fell on Tuesday, pulling back from two-month highs as concerns over a global economic slowdown crept back into the market and a stronger dollar also weighed. Prices sagged a day after the release of weak US factory order data, which, coupled wi
Published 06 Feb, 2019 12:00am
Nickel falls, concerns over Vale supply linger

Nickel falls, concerns over Vale supply linger

Nickel prices fell on Tuesday as traders took profits after betting the metal up to four-month highs in the previous session on concerns that Brazilian miner Vale could be forced to curtail supply. Nickel surged 5 percent on Monday after a Brazilian state
Published 06 Feb, 2019 12:00am
Cotton rises on US-China trade deal hopes, USDA report in focus
Cotton

Cotton rises on US-China trade deal hopes, USDA report in focus

ICE cotton futures rose on Tuesday, ahead of data from the US Department of Agriculture due later in the week and optimism over a trade deal between the United States and China. The most active cotton contract on ICE Futures US - the March contract - sett
Published 06 Feb, 2019 12:00am
Facebook lets senders undo sent Messenger missives
Kerb

Facebook lets senders undo sent Messenger missives

Facebook on Tuesday added a Messenger feature for anyone who has fired off a comment they regretted - a way to take it back. Messenger users will now have a 10-minute window after sending a message to undo it, leaving behind a note telling everyone in a c
Published 06 Feb, 2019 12:00am
Guaido challenging Maduro through humanitarian aid

Guaido challenging Maduro through humanitarian aid

Boosted by the backing of 19 European Union countries, Venezuela's opposition leader Juan Guaido is ploughing on with his bid to bring humanitarian aid into the country despite President Nicolas Maduro's vow to block it. Venezuela's National Assembly, hea
Published 06 Feb, 2019 12:00am
10 dead in Paris apartment block fire, police suspect arson

10 dead in Paris apartment block fire, police suspect arson

At least 10 people died and 30 were injured in an overnight blaze at an apartment block in Paris that police suspect was deliberately started by a female resident, officials and firefighters said Tuesday. The fire on the upper floors of the building in ru
Published 06 Feb, 2019 12:00am
Two dead in Australia floods

Two dead in Australia floods

Two bodies were discovered in Australia's flood-ravaged northeast on Tuesday as continuing heavy rain prompted authorities to warn of further flash flooding in the hours ahead. Prime Minister Scott Morrison toured the region where "once-in-a-century" floo
Published 06 Feb, 2019 12:00am
Briton held in UAE after wearing Qatar shirt

Briton held in UAE after wearing Qatar shirt

Britain is assisting a British national arrested in the United Arab Emirates, the Foreign Office said Tuesday following reports that a man was being detained for having worn a Qatar football shirt there. The UAE, along with Saudi Arabia, Bahrain and Egypt
Published 06 Feb, 2019 12:00am
Sudan police fire tear gas

Sudan police fire tear gas

Sudanese police fired tear gas Tuesday at hundreds of teachers in Khartoum protesting the death of a colleague in detention as demonstrators pressed on with rallies against President Omar al-Bashir's rule. Groups of doctors, students and lawyers also stag
Published 06 Feb, 2019 12:00am
White House denies Trump link to new corruption probe

White House denies Trump link to new corruption probe

The White House said Tuesday that a new corruption investigation into President Donald Trump's inauguration has nothing to do with Trump himself. Federal prosecutors in New York issued a subpoena Monday for financial and other records to the Trump Inaugur
Published 06 Feb, 2019 12:00am
'Lord' Modi just like the British: Rahul

'Lord' Modi just like the British: Rahul

Prime Minister Narendra Modi is lording it over India just like the British, opposition leader Rahul Gandhi said in a blistering pre-election broadside published Tuesday. Gandhi, great-grandson of India's first prime minister after independence from Brita
Published 06 Feb, 2019 12:00am
Greek Prime Minister in Turkey for talks to ease tensions

Greek Prime Minister in Turkey for talks to ease tensions

Greek Prime Minister Alexis Tsipras on Tuesday visited Turkey where he will meet Turkish President Recep Tayyip Erdogan for talks to ease tensions over bilateral disputes and the long-running Cyprus problem. Tsipras, in his second visit to Turkey as Greek
Published 06 Feb, 2019 12:00am
Iran ready to help rebuild Syria: FM

Iran ready to help rebuild Syria: FM

Iran is ready to help rebuild Syria, the Islamic republic's top diplomat said Tuesday as he hosted his Syrian counterpart in Tehran. Mohammad Javad Zarif, whose country has been a staunch ally to Damascus throughout Syria's devastating war, met Walid Moua
Published 06 Feb, 2019 12:00am
Russia to develop new missile systems in two years after treaty pullout

Russia to develop new missile systems in two years after treaty pullout

Russia's defence minister Sergei Shoigu on Tuesday said the country must develop new types of missile systems in the next two years after Washington and Moscow ripped up a key arms control treaty. The United States has repeatedly accused Russia of violati
Published 06 Feb, 2019 12:00am
Sterling's losses deepen as Brexit outlook turns cautious
Currency

Sterling's losses deepen as Brexit outlook turns cautious

The British pound accelerated its losses against the dollar and the euro on Tuesday on the back of renewed selling pressure after the currency fell below a key market level following weak data. Against the dollar, the pound fell half a percent at $1.2961.
Published 06 Feb, 2019 12:00am
Canadian dollar dips
Currency

Canadian dollar dips

The Canadian dollar edged lower against its US counterpart on Monday as oil prices fell and the greenback broadly climbed, but the loonie kept hold of most of its 2019 gains after having performed better than its peers since the start of the year. At 3:57
Published 06 Feb, 2019 12:00am
Aussie rebounds, kiwi up

Aussie rebounds, kiwi up

The Australian dollar rebounded on Tuesday after the country's central bank held interest rates steady and sounded less dovish than many bears had been betting on, forcing a swift round of short covering. The Aussie dollar popped back up to $0.7255, havin
Published 06 Feb, 2019 12:00am
Sri Lanka rupee weakens
Currency

Sri Lanka rupee weakens

Sri Lanka's rupee ended 1 percent weaker on Tuesday, due to dollar demand as importers purchased the greenback after the local currency gained nearly 3 percent last week. The rupee closed at 178.20/50 per dollar, compared with Friday's close of 176.60/177
Published 06 Feb, 2019 12:00am
Dollar strengthens across the board in New York
Currency

Dollar strengthens across the board in New York

The US dollar strengthened across the board on Monday, as investors took heart from Friday's strong payrolls number and improved risk appetite helped lift the greenback to a five-week high against the safe-haven yen. The euro weakened as investors fretted
Published 06 Feb, 2019 12:00am
Swiss franc falls to two-month lows in Europe
Currency

Swiss franc falls to two-month lows in Europe

The Swiss franc fell broadly across the board on Tuesday as hopes for progress in the US-China trade dispute fuelled a recovery in investors' appetite for risk taking that weighed on safe-haven currencies. The Swiss franc, which tends to appreciate during
Published 06 Feb, 2019 12:00am
Dollar steadies, Aussie reverses losses in Asia
Currency

Dollar steadies, Aussie reverses losses in Asia

The dollar held on to recent gains against its major peers on Tuesday, supported by a recovery in investors' risk appetite, which gave an overnight boost to US yields. The Australian dollar rose, reversing earlier losses, after the Reserve Bank of Austral
Published 06 Feb, 2019 12:00am
UK, EU watchdogs agree clearing houses pact for no-deal Brexit

UK, EU watchdogs agree clearing houses pact for no-deal Brexit

The Bank of England and the European Union's market watchdog said they will work to together to avoid financial market disruption involving clearing houses such as LCH in London if there is a no-deal Brexit. The BoE said it and the European Securities and
Published 06 Feb, 2019 12:00am
Rouble steadies
Currency

Rouble steadies

The Russian rouble was steady in early trade on Tuesday ahead of the finance ministry's announcement of its foreign currency buying plan for the next month and parameters of weekly government bond auctions. At 0743 GMT, the rouble was little changed at 65
Published 06 Feb, 2019 12:00am
Sarfraz retains captaincy for World Cup 2019, Australia series

Sarfraz retains captaincy for World Cup 2019, Australia series

Brushing aside all rumours regarding change in skipper of national cricket team, the Pakistan Cricket Board (PCB) Chairman Ehsan Mani has announced that Sarfraz Ahmed will continue captaining the Pakistan cricket team in the upcoming series against Austra
Published 06 Feb, 2019 12:00am
Manchester United open talks with Rashford over new deal

Manchester United open talks with Rashford over new deal

Manchester United have opened talks with Marcus Rashford over a new and improved contract following the forward's impressive run of form under caretaker manager Ole Gunnar Solskjaer, reports said on Tuesday. The 21-year-old scored his 10th goal of the sea
Published 06 Feb, 2019 12:00am
Neymar celebrates birthday in style and on crutches

Neymar celebrates birthday in style and on crutches

Neymar celebrated his 27th birthday with a glittering party in Paris on Monday evening joined by family, Paris Saint-Germain teammates and a smattering of celebrities. DJ Bob Sinclair, Brazilian singer Wesley Safadao and world surf champion Gabriel Medina
Published 06 Feb, 2019 12:00am
Bangladesh call up uncapped fast bowler for New Zealand

Bangladesh call up uncapped fast bowler for New Zealand

Bangladesh on Tuesday called up uncapped pace bowler Ebadot Hossain for this month's Test series against New Zealand, replacing the injured Taskin Ahmed. For the three-match one-day international series that starts in Napier on February 13, Taskin will be
Published 06 Feb, 2019 12:00am
Lacklustre Liverpool slip up again at West Ham

Lacklustre Liverpool slip up again at West Ham

Liverpool wasted another chance to extend their lead at the top of the Premier League as a sub-par performance from Jurgen Klopp's men was punished in a 1-1 draw at West Ham on Monday. Less than a week after missing the opportunity to go seven points clea
Published 06 Feb, 2019 12:00am
French dedicate a weekend to women in sport

French dedicate a weekend to women in sport

Women's sport will be the focus of attention in national media and on the playing fields of France this weekend as part of an annual event called "Women's sports always." The country's broadcasting commission on Tuesday presented a schedule that will incl
Published 06 Feb, 2019 12:00am
Shiffrin streaks to super-G gold as 'Hulk' Vonn crashes

Shiffrin streaks to super-G gold as 'Hulk' Vonn crashes

Mikaela Shiffrin took her first step to world domination by storming to super-G gold on Wednesday, but there were tears for outgoing teammate Lindsey Vonn who crashed out. Shiffrin herself overcame a near-crash halfway down the hard-packed course in tempe
Published 06 Feb, 2019 12:00am
Sri Lanka sacks skipper Chandimal after Test debacles

Sri Lanka sacks skipper Chandimal after Test debacles

Sri Lanka's skipper Dinesh Chandimal has been sacked and removed from the Test squad for the upcoming two-match series against South Africa, cricket authorities said Tuesday. Chandimal, 29, was replaced by Dimuth Karunaratne, Sri Lanka Cricket said, listi
Published 06 Feb, 2019 12:00am
Champion Australia horse trainer faces ban over shock devices

Champion Australia horse trainer faces ban over shock devices

Leading Australian trainer Darren Weir faces a lengthy ban from racing after deciding not to fight charges of possessing devices used to deliver electric shocks to horses, officials said Tuesday. Weir, a veteran of the sport, is renowned for training the
Published 06 Feb, 2019 12:00am
Atletico's Calleja dies

Atletico's Calleja dies

Isacio Calleja who won two league titles with Atletico Madrid and the 1964 European championships with Spain died on Monday aged 82, his former club announced. Born in 1936 Calleja joined Atletico in 1958 and the defender remained with the club until his
Published 06 Feb, 2019 12:00am
Baseball fan died after being hit by foul ball

Baseball fan died after being hit by foul ball

A woman died after being struck in the head by a foul ball during a Los Angeles Dodgers game last year, the first such death in Major League Baseball in 50 years, the ESPN sports network reported. The August 29 death of 79-year-old Linda Goldbloom, of Los
Published 06 Feb, 2019 12:00am
Mourinho avoids jail but is hit by fine for tax fraud in Spain

Mourinho avoids jail but is hit by fine for tax fraud in Spain

Ex-Manchester United manager Jose Mourinho has avoided jail for tax fraud as part of a deal with Spanish prosecutors revealed Tuesday but will pay a fine of close to two million euros. The 56-year-old is accused of committing tax fraud in 2011 and 2012 wh
Published 06 Feb, 2019 12:00am
Erdogan says Turkey bank will be Treasury property

Erdogan says Turkey bank will be Treasury property

Turkish President Recep Tayyip Erdogan on Tuesday said the country's largest private lender Isbank, partly owned by the main opposition party, would become a property of the Treasury, causing the bank's shares to plunge.
Published 06 Feb, 2019 12:00am
UK car sales hit skids again

UK car sales hit skids again

British new car sales slid in January from a year earlier, as weak demand for high-polluting diesel overshadowed a surge for electric-powered vehicles, industry data showed Tuesday.
Published 06 Feb, 2019 12:00am
Don't let Huawei help set up 5G, US warns EU nations

Don't let Huawei help set up 5G, US warns EU nations

US officials are fanning out across Europe to warn about the security risks of allowing Chinese telecoms giant Huawei to help build 5G mobile networks, a US diplomat said Tuesday.
Published 06 Feb, 2019 12:00am
Transparency slams 'mysterious' Eurogroup
Currency

Transparency slams 'mysterious' Eurogroup

In the depths of the debt crisis, as the single currency faced imminent doom, the Eurogroup of eurozone finance ministers emerged as one of the most crucial economic institutions in the world.
Published 06 Feb, 2019 12:00am
Google parent Alphabet hit by rising costs

Google parent Alphabet hit by rising costs

Google parent Alphabet reported quarterly earnings beating Wall Street expectations on Monday, but shares slipped, with investors apparently focused on rising costs at the technology giant.
Published 06 Feb, 2019 12:00am
BP annual profit soars to $9.4 billion

BP annual profit soars to $9.4 billion

BP almost trebled its annual net profit to $9.4 billion (8.2 billion euros) last year as oil prices soared in 2018, the British energy giant announced Tuesday.
Published 06 Feb, 2019 12:00am
BP annual profit soars to $9.4 billion

BP annual profit soars to $9.4 billion

BP almost trebled its annual net profit to $9.4 billion (8.2 billion euros) last year as oil prices soared in 2018, the British energy giant announced Tuesday.
Published 06 Feb, 2019 12:00am
Rosneft doubled net income in 2018

Rosneft doubled net income in 2018

Russia's biggest oil company Rosneft said Tuesday it more than doubled its net income last year, taking advantage of the climbing price of crude despite an unstable market.
Published 06 Feb, 2019 12:00am
Rosneft doubled net income in 2018

Rosneft doubled net income in 2018

Russia's biggest oil company Rosneft said Tuesday it more than doubled its net income last year, taking advantage of the climbing price of crude despite an unstable market.
Published 06 Feb, 2019 12:00am
French MPs approve 'anti-rioters' bill amid protests

French MPs approve 'anti-rioters' bill amid protests

French MPs on Tuesday approved an anti-rioting bill giving security forces the power to ban suspected hooligans from demonstrating, in a controversial bid to crack down on violence that has marred "yellow vest" protests over the last three months.
Published 06 Feb, 2019 12:00am
Qatar and EU agree 'landmark' airline deal

Qatar and EU agree 'landmark' airline deal

Qatar Airways and European Union officials announced Tuesday that they had concluded talks on a "landmark" deal which could allow more European airlines to operate services to and from Doha.
Published 06 Feb, 2019 12:00am
GE to pay France 50 million euros

GE to pay France 50 million euros

The French government announced Tuesday that US industrial conglomerate General Electric will pay 50 million euros ($57 million) after falling short of its goal of creating 1,000 new jobs in the country. GE had pledged to create the jobs by the end of las
Published 06 Feb, 2019 12:00am
FTSE 100 at near-three-month high, BP shines on strong 2018

FTSE 100 at near-three-month high, BP shines on strong 2018

British blue-chip shares surged to their highest in nearly three months on Tuesday as heavyweight BP doubled its annual profit and miners rallied on higher iron ore prices while a weaker pound was also supportive.
Published 06 Feb, 2019 12:00am
Banks catapult Australia, New Zealand shares

Banks catapult Australia, New Zealand shares

Bank stocks propelled Australian shares on Tuesday, with the "Big Four" having their best day in years as the market saw proposals of a high-powered inquiry as less severe than expected and not posing a serious threat to the country's most profitable sect
Published 06 Feb, 2019 12:00am
Solid BP update, banks, push European shares to nine-week high

Solid BP update, banks, push European shares to nine-week high

European shares hit nine-week highs on Tuesday, as a recovery in banks, gains in oil stocks on stronger crude prices and a solid update from BP helped offset some disappointing updates including from Apple supplier AMS. The pan-European STOXX 600 index ro
Published 06 Feb, 2019 12:00am
Japan stocks down

Japan stocks down

Japan's Nikkei index surrendered modest gains to end lower on Tuesday, snapping a three-day rally as the market digested a slew of corporate earnings. The Nikkei ended 0.19 percent lower at 20,844.45 after briefly touching 20,981.23, its highest mark sinc
Published 06 Feb, 2019 12:00am
China, Asian markets closed

China, Asian markets closed

Stocks, financial and commodity markets in China, Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, South Korea and Taiwan were remain closed on Tuesday due to Lunar Year holidays. Markets will resume trading on Wednesday (Feb 6).
Published 06 Feb, 2019 12:00am
Treasury prices slide

Treasury prices slide

US Treasury prices fell on Monday in generally thin volume, after trading higher for most of last week, pressured by upcoming debt supply, as well as indications that inflation expectations are rising. US data showing factory orders for November fell way
Published 06 Feb, 2019 12:00am
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