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Print - 2020-01-27
Inflow of external financing
Articles

Inflow of external financing

Pakistan's external debt and liabilities first crossed the level of $100 billion in March 2019. Consequently, the external debt to GDP ratio reached the peak of over 36 percent. Bulk of this debt is public in nature and accounts currently for almost 80 pe
Updated 28 Jan, 2020 04:57am
White House lawyers say voters should decide Trump's fate

White House lawyers say voters should decide Trump's fate

White House lawyers began their defense of Donald Trump at his historic Senate impeachment trial on Saturday, saying the president did nothing wrong in his dealings with Ukraine and American voters - not Congress - should decide his fate.
Published 27 Jan, 2020 12:00am
Anxious foreigners await rescue

Anxious foreigners await rescue

Anxious foreigners in the locked-down city that spawned China's deadly viral epidemic say they are stranded at home, running out of food and desperate to leave, as governments scrambled to draw up evacuation plans.
Published 27 Jan, 2020 12:00am
Pakistanis in China safe, healthy: FO

Pakistanis in China safe, healthy: FO

The Foreign Office said on Sunday that all Pakistani nationals in China are safe and there is no plan to evacuate them from the affected areas following the outbreak of novel Coronavirus in Wuhan, China, which has claimed more than 50 lives so far.
Published 27 Jan, 2020 12:00am
Charitable Endowment Act 1890: FBR asked to initiate audit of trusts

Charitable Endowment Act 1890: FBR asked to initiate audit of trusts

The Appellate Tribunal Inland Revenue (IR) Islamabad has directed Chairman Federal Board of Revenue (FBR) to initiate a meaningful audit of trusts established under charitable endowment Act 1890, trusts registered with government ministries/divisions and
Published 27 Jan, 2020 12:00am
Fertilizer industry facing a catch-22 situation?

Fertilizer industry facing a catch-22 situation?

The fertilizer industry is said to be facing a catch-22 situation after reduction in Gas Infrastructure Development Cess (GIDC) rate by Rs 400 per bag of urea from Rs 405 per bag and projected an increase in feed gas price at Rs 100 per bag, expected to b
Published 27 Jan, 2020 12:00am
Futures spread up by 1837 basis points
Stocks

Futures spread up by 1837 basis points

The futures spread increased by 1837bps to 10.90 percent on the last day of the outgoing week. Trading activities on the futures counter improved as average daily volumes increased by 11.9 percent to 65.70 million shares as compared to previous week's ave
Published 27 Jan, 2020 12:00am
Equities remain under pressure
Stocks

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended January 24, 2020 due to selling in various sectors. BRIndex100 lost 54.5 points on week-on-week basis to close at 4,485.47 points. Average daily trading volumes stood at 166.74
Published 27 Jan, 2020 12:00am
Corruption has not increased in Pakistan: TIP chief

Corruption has not increased in Pakistan: TIP chief

Chairman Transparency International Pakistan Advocate Sohail Muzzafar has said that CPI 2019 has not declared that in 2019 Corruption has increased in Pakistan. And Lowering of Pakistan Score by one does not reflect any increase or decrease in corruption
Published 27 Jan, 2020 12:00am
Balochistan government: Differences resolved: Sanjrani

Balochistan government: Differences resolved: Sanjrani

Chairman Senate Sadiq Sanjrani on Sunday said that the differences in Balochistan government have been resolved and Jam Kamal Khan will continue to be the chief minister of the province.
Published 27 Jan, 2020 12:00am
PM refuses to remove Punjab CM

PM refuses to remove Punjab CM

Prime Minister Imran Khan arrived here Sunday on a day long visit to meet the provincial leadership and discuss the matters pertaining to politics and development. Soon after arriving here, the prime minister met Chief Minister Punjab, Sardar Usman Buzdar
Published 27 Jan, 2020 12:00am
Kashmiris observe India's Republic Day as 'Black Day'

Kashmiris observe India's Republic Day as 'Black Day'

A protest demonstration was held in front of Diplomatic Enclave, which also houses Indian High Commission, Sunday to express solidarity with Kashmir people who observed India's Republic Day as Black Day.
Published 27 Jan, 2020 12:00am
Oman top diplomat in Iran for second time within week

Oman top diplomat in Iran for second time within week

Iran's top diplomat Mohammad Javad Zarif hosted his Omani counterpart Yusuf bin Alawi on Sunday for the second time within a week for talks on security in the sensitive Gulf. Alawi was making the visit to Tehran on the tail end of his trip to the World Ec
Published 27 Jan, 2020 12:00am
Private people still involved in official work at tax offices

Private people still involved in official work at tax offices

Private persons are still actively involved in official work at Karachi-based tax offices despite serious admonition by the Federal Board of Revenue (FBR). According to details, the issue was highlighted through a complaint lodged at Pakistan Citizen Port
Published 27 Jan, 2020 12:00am
'Libya crisis cannot be solved by military means'

'Libya crisis cannot be solved by military means'

Turkish President Recep Tayyip Erdogan said the Libyan crisis could not be solved by "military means", after talks Sunday with his Algerian counterpart in Algiers. Algeria, which shares a 1,000-kilometre (620-mile) border with Libya, is trying to mediate
Published 27 Jan, 2020 12:00am
Israel gives green light for visits to Saudi Arabia

Israel gives green light for visits to Saudi Arabia

Israel on Sunday officially gave its citizens the right to travel to Saudi Arabia for religious and business visits, in the latest sign of warming ties between the two states.
Published 27 Jan, 2020 12:00am
Ministry, industry cut 'informal' deal on ex-mill sugar price

Ministry, industry cut 'informal' deal on ex-mill sugar price

Ministry of Industries and Production (MoI&P) and sugar industry are said to have reached an "informal" agreement to fix ex-mill price of sugar at Rs 80 per kg, keeping in view increase in sugarcane price and GST, well informed sources told Business Re
Published 27 Jan, 2020 12:00am
Rockets hit near US embassy in Baghdad

Rockets hit near US embassy in Baghdad

A volley of rockets landed near the US embassy in the Iraqi capital Baghdad Sunday, two security sources told AFP, in the latest unclaimed attack on American installations in the country. AFP reporters heard loud thuds emanating from the western bank of t
Published 27 Jan, 2020 12:00am
Gravity of Indian belligerence
Letters

Gravity of Indian belligerence

President of Azad Jammu & Kashmir Sardar Masood Khan has reportedly said that the government of Azad Jammu and Kashmir (AJK) is seriously considering providing mandatory military training to the youth of AJK, especially the people living along the Line of
Published 27 Jan, 2020 12:00am
Pakistan and Malaysia - dissimilar similarities
Articles

Pakistan and Malaysia - dissimilar similarities

Nation building is a continuous struggle. Many nations that in one century ruled were ruled by others in another century. In fact in modern times, with pace of change faster than speed of light, countries rise and fall in a matter of decades. The rise of
Published 27 Jan, 2020 12:00am
The pro-poor policies of PM
Articles

The pro-poor policies of PM

Prime Minister Imran Khan is undoubtedly deeply committed to ensuring that the poor and the vulnerable are provided state support (our tax rupees). Disturbingly, he does not reportedly question the pace of implementation with respect to his policy stateme
Published 27 Jan, 2020 12:00am
ECP is now functional

ECP is now functional

It is heartening to note that the two sides of parliamentary political divide have agreed to the appointments of ex-federal secretary Sikandar Sultan Raja as Chief Election Commissioner and Nisar Durrani and Shah Mohammad as the ECP members. For quite som
Updated 27 Jan, 2020 06:14am
Automation the way forward for FBR

Automation the way forward for FBR

Chairman Federal Board of Revenue Shabbar Zaidi referred to the tax system as 'extortionist' while acknowledging that voluntary compliance has had limited success (accounting for only 5 to 10 percent of total revenue collected), an observation that applie
Updated 27 Jan, 2020 06:14am
Cracks visible within the ruling party: JI chief

Cracks visible within the ruling party: JI chief

Chief of Jamaat-e-Islami Senator Sirajul Haq has said that the cracks within the ruling party are visible which also indicate that the government ministers are only interested in protecting their own interests and they have nothing to do with the public i
Published 27 Jan, 2020 12:00am
Need for effective transportation of coal stressed
Energy

Need for effective transportation of coal stressed

While consumption of coal has been increasing in power generation in Pakistan, the government needs to pay attention on the effective handling and transportation of coal from sea ports.
Published 27 Jan, 2020 12:00am
Prices of essential food commodities witness sharp increase

Prices of essential food commodities witness sharp increase

A sizeable increase in prices of essential food commodities, including live chicken/meat, flour, sugar, fruits, vegetable, pulses and others was witnessed in retail market, according to a survey carried out Business Recorder here on Sunday.
Published 27 Jan, 2020 12:00am
Five-day anti-polio drive to start on February 17

Five-day anti-polio drive to start on February 17

More than 855,000 children under five years of age would be administered anti-polio drops during a five day drive to be commence in the entire district from February 17. Talking to APP, Incharge Anti-polio drive District Health Authority, Chaudary Muhamma
Published 27 Jan, 2020 12:00am
Black day observed on India's republic day

Black day observed on India's republic day

The Kashmir Centre Lahore observed black day on the Republic Day of India and organised a rally against Indian atrocities in the Occupied Jammu and Kashmir, at the Lahore Press Club on Sunday. A number of civil society members and workers of different pol
Published 27 Jan, 2020 12:00am
There is no threat to Centre & Punjab governments: Sheikh Rashid

There is no threat to Centre & Punjab governments: Sheikh Rashid

Minister for Railways Sheikh Rashid Ahmad on Sunday dismissed the rumours of any change in the center and Punjab as speculations, saying, 'there is no threat to the government'. Talking to reporters, he said that renowned personalities in Punjab consider
Published 27 Jan, 2020 12:00am
Handicraft bazaar held at WCCI
Business & Economy

Handicraft bazaar held at WCCI

The 2nd women handicraft bazaar was organized by Women Chamber of Commerce and Industry in premises of the chamber here on Sunday. Large number of women visitors thronged to trade fair and took keen interest in their handmade work. They took keen interest
Published 27 Jan, 2020 12:00am
NICVD wins nine awards for Corporate Social Responsibility

NICVD wins nine awards for Corporate Social Responsibility

It is a great honour for National Institute of Cardiovascular Diseases (NICVD) to be bestowed with 9 awards at 12th National Forum for International Corporate Social Responsibility summit 2020 for serving the people of Pakistan, irrespective of their cast
Published 27 Jan, 2020 12:00am
PM's agriculture initiative lacks innovation, technology: expert

PM's agriculture initiative lacks innovation, technology: expert

Omar Hayat an expert on the fisheries sector of Khyber Pakhtunkhwa and Gilgit-Baltistan has said that the Prime Minister's initiative of the agriculture emergency lacks innovativeness, pro-poor approaches and technologies with potential to be scaled up fo
Published 27 Jan, 2020 12:00am
Punjab Prisons' officials in the doldrums owing to low salary package

Punjab Prisons' officials in the doldrums owing to low salary package

Though nearly 260 well-educated Assistant Superintendent Jails (ASJs) recruited through the Punjab Public Service Commission (PPSC) have left their jobs in the past due to lack of promotions and allowances, many senior officers of the Punjab Prisons are c
Published 27 Jan, 2020 12:00am
Five-year-plan initiated in 15 rice growing districts of Punjab

Five-year-plan initiated in 15 rice growing districts of Punjab

A five year programme under Agriculture Emergency a national programme for enhancing profitability through increasing productivity of rice has been lunched in 15 (fifteen )rice growing districts of the Punjab costing Rs.6.63 billion.
Published 27 Jan, 2020 12:00am
Nawaz wants Abbasi to secure release on bail

Nawaz wants Abbasi to secure release on bail

PML-N supreme leader and former prime minister Nawaz Sharif, who is said to be undergoing treatment in London, has asked incarcerated party leader Shahid Khaqan Abbasi to seek his release from prison on bail.
Published 27 Jan, 2020 12:00am
Marriyum lashes out at PTI government over TI report

Marriyum lashes out at PTI government over TI report

Pakistan Muslim League-Nawaz (PML-N) Secretary information Marriyum Aurangzeb has said that if Imran Khan wants to crack down on those who put their vested interests first, profited at the cost of national interest and public welfare, and hoarded to maxim
Published 27 Jan, 2020 12:00am
Joint declaration of APCPC 2020 issued
Business & Economy

Joint declaration of APCPC 2020 issued

The Islamabad Chamber of Commerce & Industry (ICC&I) organised an "All Pakistan Chambers Presidents Conclave 2020" (APCPC 2020) a few days ago in which 47 presidents of Chambers of Commerce and Industry from across Pakistan participated.
Published 27 Jan, 2020 12:00am
Police personnel killed, several wounded in two blasts

Police personnel killed, several wounded in two blasts

A police personnel was reportedly killed and several others wounded when two blasts went off in Bajaur's Tehsil Salarzai on Sunday. As per the initial reports, the blasts went off in Bajaur's Tehsil Salarzai, killing police personnel and injuring several
Published 27 Jan, 2020 12:00am
Pesco holds open Kutcheries across KP

Pesco holds open Kutcheries across KP

Officials of Peshawar Electric Supply Company (Pesco) on Sunday organized open Katcheries (open forums) for the redresssal of public complaints across Khyber Pakhtunkhwa. Shaukat Afzal, a spokesman of the Pesco said the company field formations throughout
Published 27 Jan, 2020 12:00am
PM to distribute loan cheques among youths in Sindh today

PM to distribute loan cheques among youths in Sindh today

Prime Minister Imran Khan on Monday will distribute cheques among beneficiaries of subsidized business loans under his government's Kamyab Jawan Programme - Youth Entrepreneurship Scheme - during his day-long official visit to Karachi.
Published 27 Jan, 2020 12:00am
Cruel steps in IOJ&K exposed India's real face: Qureshi

Cruel steps in IOJ&K exposed India's real face: Qureshi

Foreign Minister Shah Mehmood Qureshi said on Sunday that Narendra Modi government's cruel steps in the Indian Occupied Jammu and Kashmir (IOJ&K) had exposed its real face before the world.
Published 27 Jan, 2020 12:00am
Rich tribute paid to ZAB on 92nd birth anniversary

Rich tribute paid to ZAB on 92nd birth anniversary

Sindh Minister for Information, Archives and Labor Saeed Ghani has said that Shaheed Zulfiqar Ali Bhutto was the only political leader in the entire world whose birthday was being celebrated not only regularly, but also on such a large scale, in fact all
Published 27 Jan, 2020 12:00am
59 nanbais held for selling under-weight roti

59 nanbais held for selling under-weight roti

District administration arrested 59 nanbais (bakers) from different parts of the district in crackdown against the selling of under-weight roti. During the crackdown 59 nanbais were arrested for selling under-weight roti and shifted them to prison.
Published 27 Jan, 2020 12:00am
Art and culture bring people together: Alvi

Art and culture bring people together: Alvi

President of Pakistan, Dr Arif Alvi has said nothing is better than arts and culture which have ample potential to bring people together and strengthen social cohesion in society. He expressed these views while addressing the inaugural ceremony of "Lahore
Published 27 Jan, 2020 12:00am
France withdraws controversial grenade from police use

France withdraws controversial grenade from police use

France will withdraw from use an explosive tear gas grenade used by riot police and blamed for injuring numerous protesters, the interior minister said Sunday, amid growing anger at perceived police brutality. Sanctioned for use by French law enforcement
Updated 27 Jan, 2020 06:48am
UN slams ongoing Libya arms embargo violations

UN slams ongoing Libya arms embargo violations

Weapons are pouring into Libya in violation of an arms embargo and despite commitments made by world powers, the UN's mission in Libya has said as Germany expressed concern about reports of infringements.
Updated 27 Jan, 2020 06:33am
Erdogan says Libya crisis cannot be solved by 'military means'

Erdogan says Libya crisis cannot be solved by 'military means'

Turkish President Recep Tayyip Erdogan said the Libyan crisis could not be solved by "military means", after talks Sunday with his Algerian counterpart in Algiers. Algeria, which shares a 1,000-kilometre (620-mile) border with Libya, is trying to mediate
Updated 27 Jan, 2020 06:33am
China stiffens defences against epidemic as death toll hits 56

China stiffens defences against epidemic as death toll hits 56

China expanded drastic travel restrictions Monday to contain an epidemic that has killed 56 people and infected nearly 2,000, as the US, France and Japan prepared to evacuate their citizens from a quarantined city at the outbreak's epicentre.
Updated 27 Jan, 2020 10:36am
US feds, states could join forces on Google probes
IT & Computers

US feds, states could join forces on Google probes

The US Justice Department and state attorneys general are meeting this week for talks on their concurrent investigations into possible anti-competitive practices by Google, the Wall Street Journal reported Sunday. The Journal said the talks could eventual
Published 27 Jan, 2020 12:00am
Thousands rally across Australia for 'Invasion Day' protests

Thousands rally across Australia for 'Invasion Day' protests

Thousands of people joined Invasion Day protests in cities across Australia Sunday to mark the beginning of British colonisation of the vast continent. January 26 is officially recognised as Australia Day, a public holiday to celebrate the origins of the
Published 27 Jan, 2020 12:00am
Macro hedge fund manager Coffey to turn investors away
Stocks

Macro hedge fund manager Coffey to turn investors away

Prominent global macro hedge fund manager Greg Coffey will stop accepting fresh cash for his two-year old portfolio at the end of March to prevent any flood of new money from chipping away at his strong returns, an investor familiar with his plans said.
Published 27 Jan, 2020 12:00am
ME stocks dip as China virus fears escalate
Stocks

ME stocks dip as China virus fears escalate

Most Middle Eastern stocks were pressured on Sunday by the slump in US shares and oil prices due to concerns that a spreading virus from China would curb travel and hurt economic demand.
Published 27 Jan, 2020 12:00am
'Death Cross,' growth abroad threaten US dollar
Money & Banking

'Death Cross,' growth abroad threaten US dollar

Storm clouds are gathering over the US dollar, threatening a two-year rally in the currency that has squeezed corporate profits and angered President Donald Trump. Dollar bullishness in future markets stands at its lowest level in more than a year-and-a-h
Published 27 Jan, 2020 12:00am
Fed will continue repo offerings
Money & Banking

Fed will continue repo offerings

The Federal Reserve Bank of New York said on Tuesday it will continue to inject liquidity into the overnight lending markets for cash until at least mid-February while slightly reducing offerings on longer term loans.
Published 27 Jan, 2020 12:00am
Apple dropped plan for encrypting backups after FBI complained
IT & Computers

Apple dropped plan for encrypting backups after FBI complained

Apple Inc dropped plans to let iPhone users fully encrypt backups of their devices in the company's iCloud service after the FBI complained that the move would harm investigations, six sources familiar with the matter told Reuters.
Published 27 Jan, 2020 12:00am
Ex-SoftBank employee held of spying for Russia

Ex-SoftBank employee held of spying for Russia

Japanese police have arrested a former SoftBank employee for allegedly stealing proprietary information from the telecom giant and giving it to Russian officials, police and media reports said Sunday.
Updated 27 Jan, 2020 09:23am
For US Fed, it's steady as she goes... for now
Money & Banking

For US Fed, it's steady as she goes... for now

The Federal Reserve is overwhelmingly expected to begin 2020 as it ended 2019: by leaving interest rates right where they are. As they prepare to hold their first policy meeting of the year in the coming week, central bankers are sending clear signals the
Published 27 Jan, 2020 12:00am
Gulf economies to pick up this year following spending spree
Global Business Economy

Gulf economies to pick up this year following spending spree

Economic growth in the Gulf will pick up this year and next, helped by Saudi Arabia's investment programme and Expo 2020 in Dubai, although the region will continue to feel the impact of oil output cuts, a Reuters poll showed on Wednesday.
Updated 27 Jan, 2020 09:18am
Renault, Nissan chief engineers to meet, revive R&D projects
Global Business Economy

Renault, Nissan chief engineers to meet, revive R&D projects

Renault's engineering boss will meet his counterpart at Nissan in Japan this week, two sources close to Renault said, as the carmakers seek to revive projects crucial to an alliance left reeling by the Carlos Ghosn affair.
Updated 27 Jan, 2020 10:43am
UK will set out EU trade objectives next month: Brexit secretary
Global Business Economy

UK will set out EU trade objectives next month: Brexit secretary

Britain will set out more details about its objectives for a free trade deal with the European Union next month after the country leaves the bloc on Jan. 31, Brexit Secretary Stephen Barclay said. "We are going to publish our objectives for the negotiatio
Updated 27 Jan, 2020 09:16am
Dye workshop a colourful dip into old Cairo craft
Global Business Economy

Dye workshop a colourful dip into old Cairo craft

In Cairo's centuries-old Darb al-Ahmar district, Salama Mahmoud Salama's traditional dye workshop is a multi-coloured hive of workers busy with all kinds of fabrics. They lay out the long, flowing threads, to be used for everything from handmade shoes to
Published 27 Jan, 2020 12:00am
Boeing's new 777X airliner makes first flight
Global Business Economy

Boeing's new 777X airliner makes first flight

Boeing's new long-haul 777X airliner made its first flight on Saturday, a step forward for the company whose broader prospects remain clouded by the 737 MAX crisis. The world's largest twin-engine aircraft landed at Boeing Field near Seattle after approxi
Updated 27 Jan, 2020 10:39am
Xerox plans to nominate 11 directors to HP's board
IT & Computers

Xerox plans to nominate 11 directors to HP's board

Xerox Holdings Corp said on Thursday it plans to nominate 11 independent candidates to HP Inc's board, setting the stage for a proxy fight after the personal computer maker rebuffed its $33.5 billion takeover offer.
Published 27 Jan, 2020 12:00am
Ericsson hit by higher 5G costs and weaker US market
Telecommunication

Ericsson hit by higher 5G costs and weaker US market

Sweden's Ericsson reported a smaller-than-expected rise in fourth-quarter core earnings on Friday and said higher costs would spill over into 2020 as the telecoms equipment maker looks to exploit its leading position in super-fast 5G networks. After a num
Published 27 Jan, 2020 12:00am
Powered by SUVs, Hyundai turns in best quarter since early 2017
Global Business Economy

Powered by SUVs, Hyundai turns in best quarter since early 2017

Hyundai Motor Co turned in its best quarterly operating profit in over two years and said it was on track for higher profit margins in 2020, powered by more sales of sport-utility vehicles (SUVs) such as the Palisade and Kona.
Updated 27 Jan, 2020 10:39am
BAE spends $2.2 billion to boost US electronic systems business
Global Business Economy

BAE spends $2.2 billion to boost US electronic systems business

British defence company BAE Systems is spending $2.2 billion to expand its US-based electronic systems operations, buying two businesses being offloaded as a result of the merger of US rivals Raytheon and United Technologies.
Updated 27 Jan, 2020 10:47am
Dubai state fund chief to chair developer Nakheel
Global Business Economy

Dubai state fund chief to chair developer Nakheel

The chief executive of Dubai's state fund, Mohammed al-Shaibani, has been appointed chairman of Nakheel, the state property developer said on Tuesday, replacing Ali Rashid Lootah, who oversaw the firm during a debt restructuring a decade ago.
Published 27 Jan, 2020 12:00am
P&G falls short of sales estimates for first time in over a year
Global Business Economy

P&G falls short of sales estimates for first time in over a year

Procter & Gamble Co reported quarterly sales that fell short of analysts' estimates for the first time in over a year, hurt by weakness in its baby and feminine care business, which sells everything from Tampax tampons to Pampers diapers.
Updated 27 Jan, 2020 10:47am
Air France-KLM proposes buying 49 percent of Malaysia Airlines
Global Business Economy

Air France-KLM proposes buying 49 percent of Malaysia Airlines

Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM, which wants as much as 49 percent, while Japan Airlines is looking at a 25 percent stake, people with knowledge of the matter said.
Updated 27 Jan, 2020 10:48am
Sunscreen ingredients really do seep into the blood. Is that bad?

Sunscreen ingredients really do seep into the blood. Is that bad?

Scientists at the U.S. Food and Drug Administration have shown that active chemicals in sunscreens can readily soak into the bloodstream, confirming the need for more testing on whether these products are safe, the researchers said on Tuesday.
Published 27 Jan, 2020 12:00am
China virus: What we know about the fatalities

China virus: What we know about the fatalities

The first fatality of China's new virus would come to represent a common set of traits for those who died to the disease: he was over the age of 60 and in poor health. Since China reported the emergence of a new coronavirus at the end of December, the SAR
Published 27 Jan, 2020 12:00am
Not all low-carb, low-fat diets help you live longer

Not all low-carb, low-fat diets help you live longer

People who follow low-carb or low-fat diets may not live longer - unless they're also careful to avoid junk food and sweets, a U.S. study suggests. Researchers followed 37,233 adults for two decades starting when they were 50 years old, on average. During
Published 27 Jan, 2020 12:00am
Last decade most expensive for natural disasters: report

Last decade most expensive for natural disasters: report

The last decade was the worst on record for economic losses from natural disasters, amounting to $ 3 trillion - over a trillion more than the previous decade, insurance broker Aon said on Wednesday. The Asia-Pacific region was the worst-hit in the 2010-20
Published 27 Jan, 2020 12:00am
Facial recognition may help discover fate of Holocaust victims

Facial recognition may help discover fate of Holocaust victims

An old photograph and modern face recognition technology could help two Israeli brothers find out how their father survived the Nazi Holocaust. Seeking clues to the past, Eli and Saul Lieberman turned to an Israeli research centre, which hopes to match fa
Published 27 Jan, 2020 12:00am
UK likely to decide on Huawei 5G this week
Telecommunication

UK likely to decide on Huawei 5G this week

Britain is expected to announce this week whether to allow China's Huawei to develop its 5G network, an official said Friday, amid indications it will agree to grant at least limited access despite intense US opposition. A senior UK official, speaking on
Published 27 Jan, 2020 12:00am
No pedals, no steering wheel: Cruise unveils autonomous shuttle
Global Business Economy

No pedals, no steering wheel: Cruise unveils autonomous shuttle

Don't bother to look for the steering wheel or pedals in the new autonomous shuttle vehicle unveiled by Cruise, the startup owned by General Motors. The vehicle is "our answer to the question about what transportation system you'd build, if you could star
Published 27 Jan, 2020 12:00am
Google owner calls for 'proportionate approach' to AI regulation
IT & Computers

Google owner calls for 'proportionate approach' to AI regulation

Sundar Pichai, the CEO of Google-owner Alphabet, urged regulators on Monday to take a "proportionate approach" when drafting rules for artificial intelligence (AI), days before the European Commission is due to publish proposals on the issue.
Published 27 Jan, 2020 12:00am
Neuville makes first Monte Carlo Rally win
Other

Neuville makes first Monte Carlo Rally win

Thierry Neuville claimed his first Monte Carlo Rally win on Sunday, the bespectacled Belgian denying Sebastien Ogier after a roller-coaster opening leg of the world championship for his Hyundai team.
Published 27 Jan, 2020 12:00am
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