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Print - 2019-10-21
Nishat Chunian Limited
Brief Recordings

Nishat Chunian Limited

Nishat Chunian Limited (PSX:NCL) is part of the Nishat Chunian Group. The conglomerate has presence in Textile and Power Generation sectors. NCL stands at an advantage arising from the synergy of the group and technical expertise, which are transferable a
Updated 23 Oct, 2019 11:27am
Nishat Chunian Limited
Companies

Nishat Chunian Limited

Nishat Chunian Limited (PSX:NCL) is part of the Nishat Chunian Group. The conglomerate has presence in Textile and Power Generation sectors. NCL stands at an advantage arising from the synergy of the group and technical expertise, which are transferable a
Updated 23 Oct, 2019 12:12pm
The Weather
General News

The Weather

The weather report on Friday (October 20, 2019) and the forecast for Saturday (October 21, 2019).

Published 21 Oct, 2019 12:00am
Your rupee last week
Rates

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 14 to 18, 2019).

Published 21 Oct, 2019 12:00am
Rublev celebrates 22nd birthday with Kremlin Cup title
Other

Rublev celebrates 22nd birthday with Kremlin Cup title

Russia's Andrey Rublev celebrated his 22nd birthday in style by clinching the Kremlin Cup on Sunday to bag his second career title. The sixth-seeded Rublev eased past France's Adrian Mannarino, who was runner-up to another Russian Karen Khachanov last yea
Updated 23 Oct, 2019 07:44am
Bencic wins Kremlin Cup after sealing WTA Finals slot
Other

Bencic wins Kremlin Cup after sealing WTA Finals slot

Swiss ace Belinda Bencic fought back from a set down to beat home star Anastasia Pavlyuchenkova 3-6, 6-1, 6-1 on Sunday and lift the Kremlin Cup. The victory came a day after the 22-year-old clinched the final slot at the season-ending WTA Finals in Shenz
Updated 22 Oct, 2019 11:04am
South Africa end Japanese dream at Rugby World Cup
Other

South Africa end Japanese dream at Rugby World Cup

South Africa broke Japanese hearts with a 26-3 quarter-final victory on Sunday to set up a Rugby World Cup semi-final against Wales, who needed a late try to scrape past 14-man France by a single point. Japan showed their trademark pace and adventure in a
Published 21 Oct, 2019 12:00am
Hussey joins Australia staff for Sri Lanka, Pakistan series
Other

Hussey joins Australia staff for Sri Lanka, Pakistan series

Former middle-order batsman Mike Hussey has been drafted in by Australian coach Justin Langer to help mentor the side during their upcoming Twenty20 series against Sri Lanka and Pakistan. He is the latest great to be brought into the fold after Ricky Pont
Published 21 Oct, 2019 12:00am
China-Afghan team beat Pakistan-China team by six-wickets
Other

China-Afghan team beat Pakistan-China team by six-wickets

Afghanistan-China combined team defeated Pakistan-China combined team by six wickets in the third match of the Pakistan, Afghanistan and China friendly cricketing four-match series played at Jinan Middle School Ground at Shandong, Peoples' Republic of Chi
Published 21 Oct, 2019 12:00am
Champion Marc Marquez snares MotoGP constructors' title for Honda
Other

Champion Marc Marquez snares MotoGP constructors' title for Honda

MotoGP world champion Marc Marquez won the Japan Grand Prix Sunday to notch his tenth victory of the season and earn Honda its fourth manufacturers' title running. The Spaniard ran the race in 42min 41.492sec, followed 0.870sec later by French rookie Fabi
Published 21 Oct, 2019 12:00am
National Games torch relay reaches host city
Other

National Games torch relay reaches host city

The Olympic torch relay of the 33rd National Games of Pakistan arrived here Sunday in the host city after completion of the journey of the whole country. The No.1 ranking national squash player, Farhan Mehboob received the torch and then handed it over to
Published 21 Oct, 2019 12:00am
Sharma rates double ton as 'most challenging' Test knock
Other

Sharma rates double ton as 'most challenging' Test knock

Rohit Sharma Sunday described his maiden Test double century as "most challenging" after he lifted India out of early trouble and put the hosts in command of the third match against South Africa. Sharma made 212 as India declared their innings on 497 for
Published 21 Oct, 2019 12:00am
Liverpool winning run ends in 1-1 draw
Other

Liverpool winning run ends in 1-1 draw

Liverpool failed to record a record-equalling 18th straight Premier League win, but Adam Lallana's late equaliser saved the European champions from a shock defeat at Manchester United in a 1-1 draw on Sunday. Marcus Rashford's controversial goal handed Ol
Updated 22 Oct, 2019 11:23am
Chen wins third straight Skate America crown
Other

Chen wins third straight Skate America crown

Nathan Chen grabbed his third straight Skate America Grand Prix title on Saturday, delivering three quadruple jumps in a crowd-pleasing free skate to seal the gold. The 20-year-old American, winner of the last two World titles, took a lead of more than si
Published 21 Oct, 2019 12:00am
'Very proud' Murray wins first ATP title since 2017
Other

'Very proud' Murray wins first ATP title since 2017

Andy Murray said he was "very proud" after earning his first ATP title since March 2017 on Sunday with a 3-6, 6-4, 6-4 victory over fellow three-time Grand Slam champion Stan Wawrinka in the Antwerp final. Former world number one Murray, who contemplated
Published 21 Oct, 2019 12:00am
Swiss glaciers shrink 10 percent in five years
General News

Swiss glaciers shrink 10 percent in five years

Switzerland's glaciers have lost a tenth of their volume in the past five years alone - a melting rate unmatched during observations stretching back more than a century, a study showed on Tuesday. Measurements on 20 Swiss glaciers have shown that melt rat
Published 21 Oct, 2019 12:00am
Big income drops tied to heart attack, stroke
General News

Big income drops tied to heart attack, stroke

Experiencing a substantial drop in income may raise the risk of having a heart attack or stroke years later, a recent study suggests. Researchers followed income changes for 8,989 middle-aged adults over six years, starting when they were 53 years old, on
Published 21 Oct, 2019 12:00am
50 years after internet conception, dark side stirs fear
IT & Computers

50 years after internet conception, dark side stirs fear

On October 29, 1969, professor Leonard Kleinrock and a team at the University of California at Los Angeles got a computer to "talk" to a machine in what is now known as Silicon Valley. The event gave birth to a network that later became known as the inter
Updated 21 Oct, 2019 04:46am
Amazon calls for regulation of facial recognition technology
Global Business Economy

Amazon calls for regulation of facial recognition technology

Amazon is endorsing the idea of government regulation of facial recognition technology, as part of a wide-ranging statement of its principles on a range of social and political issues. The US tech giant, which has come under scrutiny by antitrust enforcer
Updated 21 Oct, 2019 06:20am
Facebook researchers use maths for better translations
IT & Computers

Facebook researchers use maths for better translations

Designers of machine translation tools still mostly rely on dictionaries to make a foreign language understandable. But now there is a new way: numbers. Facebook researchers say rendering words into figures and exploiting mathematical similarities between
Updated 21 Oct, 2019 04:41am
TSMC Q3 profit rises 13.5 percent
IT & Computers

TSMC Q3 profit rises 13.5 percent

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) reported a 13.5% rise in third quarter profit on Thursday, its strongest growth since 2017, as robust demand for 5G chips boosted sales despite fears of a global tech slowdown.
Updated 21 Oct, 2019 07:21am
AmEx profit beats estimates
Money & Banking

AmEx profit beats estimates

Credit card issuer American Express Co reported a higher-than-expected quarterly profit that highlighted the health of the US consumer even as fears mount that a manufacturing-led weakness could spread to the broader economy.
Updated 21 Oct, 2019 04:27am
HSBC taps Lazard to sell French retail business
Money & Banking

HSBC taps Lazard to sell French retail business

HSBC Holdings has hired US investment bank Lazard Ltd to sell its French retail business, a source close to the matter told Reuters, as part of a plan by new interim chief executive Noel Quinn to reduce costs across the banking group.
Updated 21 Oct, 2019 04:25am
Etihad sets up low-cost airline with Air Arabia
Global Business Economy

Etihad sets up low-cost airline with Air Arabia

Etihad Airways and Air Arabia are jointly setting up a low cost carrier in Abu Dhabi to tap into growing demand for budget travel from the United Arab Emirates' capital, they said on Wednesday.
Updated 21 Oct, 2019 06:30am
Hyundai Motor Group unveils $35 billion investment plan
Global Business Economy

Hyundai Motor Group unveils $35 billion investment plan

Hyundai Motor Group said it plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be directed to an ambitious effort to become more competitive in self-driving cars that has also received governm
Updated 21 Oct, 2019 06:30am
Ericsson earnings top forecast as 5G takes off
Telecommunication

Ericsson earnings top forecast as 5G takes off

Telecoms equipment maker Ericsson beat quarterly core earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand for superfast 5G networks was taking off earlier than expected.
Updated 21 Oct, 2019 06:54am
Russian government supports capping IT firms foreign ownership
IT & Computers

Russian government supports capping IT firms foreign ownership

The Russian government has supported a draft law on limiting foreign ownership in major IT companies to just under 50 percent, according to a parliamentary website, a move which may further tighten state control over the internet. Initially, the proposals
Updated 21 Oct, 2019 06:55am
World's oldest pearl found in Abu Dhabi
General News

World's oldest pearl found in Abu Dhabi

An 8,000-year-old pearl that archaeologists say is the world's oldest will be displayed in Abu Dhabi, according to authorities who said Sunday it is proof the objects have been traded since Neolithic times. The natural pearl was found in the floor of a ro
Published 21 Oct, 2019 12:00am
French trains disrupted by wildcat strike
Global Business Economy

French trains disrupted by wildcat strike

French rail services ground to a halt in parts of the country Sunday as workers walked off the job for a third day in a dispute over train staffing levels. Services in the Paris suburbs, the northeastern Champagne-Ardenne region and the southern Occitanie
Updated 21 Oct, 2019 06:30am
Longest non-stop passenger flight arrives in Sydney
Global Business Economy

Longest non-stop passenger flight arrives in Sydney

The longest non-stop passenger flight touched down in Australia Sunday morning after more than 19 hours in the air, a milestone journey from New York that Qantas hopes to parlay into commercial success. Qantas flight QF7879 took 19 hours and 16 minutes to
Updated 21 Oct, 2019 06:30am
High hopes as Dubai marks one-year countdown to Expo 2020
Global Business Economy

High hopes as Dubai marks one-year countdown to Expo 2020

Fireworks exploded over Dubai's skyline on Sunday to mark the one-year countdown to Expo 2020, a big-budget global trade fair the glitzy emirate's rulers hope will restore its flagging fortunes. Megastar Mariah Carey headlined at a concert underneath the
Updated 21 Oct, 2019 06:30am
Erdogan says he will never allow vaping, will block e-cigarettes

Erdogan says he will never allow vaping, will block e-cigarettes

Turkish President Tayyip Erdogan said on Sunday he will never allow electronic cigarette companies to produce their products in Turkey, urging Turks to drink tea instead. Speaking at an event against smoking in Istanbul, Erdogan said he had ordered his Tr
Published 21 Oct, 2019 12:00am
German airports hit by Eurowings, Germanwings walkouts
Global Business Economy

German airports hit by Eurowings, Germanwings walkouts

Cabin crew at four Lufthansa subsidiary airlines staged a day-long strike Sunday, causing dozens of cancellations at German airports in a battle for better pay and conditions. The walkout, called by the UFO cabin crew union, was initially set to last from
Updated 21 Oct, 2019 06:30am
China talks up technology prowess in face of US rivalry
IT & Computers

China talks up technology prowess in face of US rivalry

China on Sunday said it aims to become a "great power" in the online world and took a swipe at Washington on trade, kicking off its annual conference promoting the Communist Party's controlled and censored version of the internet. US-China rivalry is incr
Updated 21 Oct, 2019 06:55am
Aramco says IPO timing depends on 'market conditions'
Energy

Aramco says IPO timing depends on 'market conditions'

Saudi Aramco said Sunday the timing of its long-awaited stock market debut "will depend on market conditions," after the latest delay in the blockbuster initial public offering. The IPO forms the cornerstone of a reform programme conceived by the kingdom'
Updated 21 Oct, 2019 06:17am
InfiniGold to launch digital token

InfiniGold to launch digital token

Fintech firm InfiniGold said on Thursday it would launch a digital token backed by gold stored in the vaults of Australia's Perth Mint, one of the world's largest precious metals refiners. The token will join a growing number of crypto coins whose value i
Published 21 Oct, 2019 12:00am
Central European currencies slightly up
Money & Banking

Central European currencies slightly up

Central Europe's main currencies mostly firmed slightly on Friday, with a sentiment boost from a newly-agreed Brexit deal offsetting worries about the global economy as China posted weaker-than expected growth in the third quarter.
Updated 21 Oct, 2019 06:46am
Indonesia's Lion air set to list shares
Global Business Economy

Indonesia's Lion air set to list shares

Indonesia's Lion Air is set to launch an initial public offering, according to a company spokesman, in a listing that could reportedly raise up to $1.0-billion - one of the country's biggest-ever share sales.
Updated 21 Oct, 2019 06:30am
Rohingya refugees agree move to Bangladesh island
General News

Rohingya refugees agree move to Bangladesh island

Thousands of Rohingya living in Bangladesh refugee camps have agreed to move to an island in the Bay of Bengal, officials said Sunday, despite fears the site is prone to flooding. Dhaka has long wanted to move 100,000 refugees to the muddy silt islet, say
Published 21 Oct, 2019 12:00am
Kurdish fighters withdraw from besieged Syria town
General News

Kurdish fighters withdraw from besieged Syria town

The Kurdish-led Syrian Democratic Forces fully withdrew from a Turkish-encircled town in northern Syria Sunday, in what appeared to be the start of a wider pullout under a ceasefire deal. Ankara launched a cross-border attack against Syria's Kurds on Octo
Published 21 Oct, 2019 12:00am
Thirty killed in DR Congo bus accident
General News

Thirty killed in DR Congo bus accident

At least 30 people were killed when a packed bus came off the road and burst into flames overnight near Kinshasa, the DR Congo capital, a local official said Sunday. "The current toll is 30 dead. Eighteen others have third-degree burns," Red Cross spokesm
Published 21 Oct, 2019 12:00am
Boeing expresses regret over ex-pilot's messages
Global Business Economy

Boeing expresses regret over ex-pilot's messages

Boeing Co said on Sunday that it regrets and understands concerns raised by the release of a former Boeing test pilot's internal instant messages noting erratic software behavior two years before deadly crashes of its 737 MAX jet. The world's largest plan
Updated 21 Oct, 2019 06:29am
Green Party makes historic gains in Swiss vote
General News

Green Party makes historic gains in Swiss vote

Switzerland's Green Party made historic gains in national elections Sunday, while the anti-immigrant right wing was on track to remain the largest party in parliament despite a slip in its support. Ballots were still being counted in the wealthy Alpine na
Published 21 Oct, 2019 12:00am
New clashes in Chile as two die in protest violence
General News

New clashes in Chile as two die in protest violence

Fresh clashes broke out in Chile's capital Santiago on Sunday after two people died when a supermarket was torched overnight as violent protests sparked by anger over economic conditions and social inequality raged into a third day. Police and the militar
Published 21 Oct, 2019 12:00am
Three US soldiers killed in training accident
General News

Three US soldiers killed in training accident

Three US soldiers were killed and three others injured in the state of Georgia Sunday in an accident involving the armored combat vehicle they were in, the military said in a statement. The army provided no details on the nature of the accident, which is
Published 21 Oct, 2019 12:00am
EU calls for Afghanistan ceasefire
General News

EU calls for Afghanistan ceasefire

European Union officials called Sunday for a ceasefire in Afghanistan, saying the breakdown in talks between the US and the Taliban presented an opportunity to push anew for a truce. US President Donald Trump last month declared talks with the insurgents
Published 21 Oct, 2019 12:00am
Fazl again rejects talks with government
General News

Fazl again rejects talks with government

Chief of his own faction, Jamiat Ulama-e-Islam-Fazl (JUI-F), Maulana Fazl-ur-Rehman on Sunday said that the government had formed a committee to hold talks with them (JUI-F) but there would be no talks with the government.
Published 21 Oct, 2019 12:00am
India suffering from a state of confusion: Qureshi
General News

India suffering from a state of confusion: Qureshi

Following effective response by Pakistan Army in which nine Indian soldiers were killed on Sunday when India violated ceasefire across the Line of Control (LoC), Pakistani Foreign Minister Shah Mehmood Qureshi said India has been suffering from a state of
Published 21 Oct, 2019 12:00am
Country moving towards anarchy, claims Bilawal
General News

Country moving towards anarchy, claims Bilawal

Chairman Pakistan People's Party (PPP) Bilawal Bhutto-Zardari said that government must think that running the affairs of country is not like playing a cricket match. He said when parliament will be locked then politicians would have to do protest.
Published 21 Oct, 2019 12:00am
FATF case fought efficiently by Pakistan: ATP chief
General News

FATF case fought efficiently by Pakistan: ATP chief

Chairman, Amun Taraqqi Party (ATP), Muhammad Faiq Shah said Pakistan fought case in Financial Action Task Force (FATF) in efficient manner and foiled the Indian conspiracy in this regard. However, he called to make legislation for organized strategy at fi
Published 21 Oct, 2019 12:00am
Government dissolves PMDC, establishes PMC
General News

Government dissolves PMDC, establishes PMC

The federal government on Sunday dissolved the existing body of Pakistan Medical and Dental Council (PMDC) and established a new organization, Pakistan Medical Commission (PMC), to regulate medical profession in the country.
Published 21 Oct, 2019 12:00am
SRO 121 termed major hurdle in GITTA train service
Taxes

SRO 121 termed major hurdle in GITTA train service

Ziaul Haq Sarhadi, Deputy Convener of Pakistan Federation of Chamber of Commerce and Industry (FPCCI) for Pakistan Railways (PR) and Member Advisory Committee PR has said that SRO 121 is the biggest hurdle in the transportation of transit goods from Karac
Updated 21 Oct, 2019 06:51am
Alvi reaches Japan on five-day visit
General News

Alvi reaches Japan on five-day visit

President Arif Alvi on Sunday reached Japan on a five-day visit to attend the enthronement ceremony of Emperor Naruhito. The ceremony in Tokyo is being attended by heads of state and government, rulers, and senior officials from around 170 countries.
Published 21 Oct, 2019 12:00am
AJK PM urges UN to take notice of India's unprovoked firing
General News

AJK PM urges UN to take notice of India's unprovoked firing

Azad Jammu and Kashmir Prime Minister Raja Farooq Haider Khan has appealed to the UN Secretary General to take immediate serious notice of the frequent unprovoked Indian firing at the LoC, which he called the Cease Fire Line (CFL) targeting civilians dwel
Published 21 Oct, 2019 12:00am
WEEKLY COTTON REVIEW: Drastic cut in production hits businesses
Cotton & Textile

WEEKLY COTTON REVIEW: Drastic cut in production hits businesses

The rate of cotton increased by Rs 300 per maund due to increase in buying by the textile sector. The drastic decrease in cotton production effects all the businesses related to cotton. There is severe financial crunch in markets due to the imposition of
Updated 21 Oct, 2019 07:24am
Pakistan Navy joins Trans Regional Maritime Network
General News

Pakistan Navy joins Trans Regional Maritime Network

Pakistan Navy joined 32-member Trans Regional Maritime Network (T-RMN), based in Italy. Chief of the Naval Staff Admiral Zafar Mahmood Abbasi formally signed the 'Note of Accession' for joining the organization at Naval Headquarters, Islamabad. Ambassador
Published 21 Oct, 2019 12:00am
FATF lauds Pakistan's measures, says Firdous
Business & Economy

FATF lauds Pakistan's measures, says Firdous

The Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Sunday said Financial Action Task Force (FATF) lauded the measures taken by the government to eradicate money laundering and terrorism which is recognitio
Published 21 Oct, 2019 12:00am
Buzdar slams Indian unprovoked firing at LoC
General News

Buzdar slams Indian unprovoked firing at LoC

Punjab Chief Minister Usman Buzdar has condemned unprovoked firing on civilians by Indian forces at the Line of Control. In a statement issued on Sunday, the chief minister while paying tributes to the sacrifices of martyrs said that targeting innocent ci
Published 21 Oct, 2019 12:00am
Chehlum observed with religious fervour in Karachi
General News

Chehlum observed with religious fervour in Karachi

Like others parts of the country, the Chehlum of Hazrat Imam Hussain (AS) and his faithful companions was observed on Sunday, with religious spirit and reverence. The mourning procession was taken out from Nishter Park, which after passing through its tra
Published 21 Oct, 2019 12:00am
Chehlum of Imam Hussain (RA) observed with great reverence
General News

Chehlum of Imam Hussain (RA) observed with great reverence

Amid heightened security, the Chehlum of Hazrat Imam Hussain (RA) and other martyrs of Karbala in Peshawar and other districts of Khyber Pakhtunkhwa was observed on Sunday with traditional religious spirit and reverence. The district government and provin
Published 21 Oct, 2019 12:00am
Sizeable increase witnessed in essential commodities' prices

Sizeable increase witnessed in essential commodities' prices

A sizable increase in prices of essential food commodities was witnessed in local market, according to a survey carried out by Business Recorder here on Sunday. The survey noticed upward trend in prices of vegetable, flour, pulses, fruits and other
Published 21 Oct, 2019 12:00am
Omar inaugurates 306KW hydro power plant in Chitral
General News

Omar inaugurates 306KW hydro power plant in Chitral

Pakistan Poverty Alleviation Fund in collaboration with Agha Khan Rural Support Program and German Development Bank (KfW) successfully installed 306 KW hydro power plant in Gazeen, Chitral, providing renewable energy to hundreds of households. The Hydropo
Published 21 Oct, 2019 12:00am