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Print - 2020-03-01
Pakistan represented by Qureshi

Pakistan represented by Qureshi

Pakistan was represented by Foreign Minister Shah Mahmood Qureshi who was among the representatives from 50 countries including Qatar, Turkey, India, Indonesia, Uzbekistan and Tajikistan who attended the US-Taliban agreement signing ceremony.
Updated 01 Mar, 2020 04:59am
Afghans greet deal with unease and optimism

Afghans greet deal with unease and optimism

Afghans expressed unease and cautious hope about a historic deal signed Saturday that aims to have all foreign forces leave Afghanistan within 14 months in exchange for Taliban guarantees, with many people doubting the insurgents' intentions. War-scarred
Updated 01 Mar, 2020 04:59am
US, Taliban to swap prisoners

US, Taliban to swap prisoners

The US and the Taliban agreed to swap thousands of prisoners in a "confidence building measure" as part of a landmark deal. "Up to 5,000 prisoners of the (Taliban)... and 1,000 prisoners of the other side (Afghan forces) will be released by March 10," the
Updated 01 Mar, 2020 05:01am
Now comes the hard part

Now comes the hard part

The United States signed a deal with Taliban insurgents on Saturday that could pave the way toward a full withdrawal of foreign soldiers from Afghanistan and represent a step toward ending the 18-year-war in the nation. But while the agreement creates a p
Updated 01 Mar, 2020 04:59am
US, Afghan Taliban sign historic deal

US, Afghan Taliban sign historic deal

The United States signed a landmark deal with the Taliban on Saturday, laying out a timetable for a full troop withdrawal from Afghanistan within 14 months as it seeks an exit from its longest war. The agreement is expected to lead to a dialogue between t
Updated 01 Mar, 2020 04:59am
Turkey raises migrant pressure on EU over Syria conflict

Turkey raises migrant pressure on EU over Syria conflict

Turkey's President Recep Tayyip Erdogan on Saturday threatened to let thousands of refugees cross into Europe and warned Damascus would "pay a price" in retaliation after dozens of Turkish troops were killed inside Syria.
Updated 01 Mar, 2020 04:59am
Companies file 151 appeals against SECP orders

Companies file 151 appeals against SECP orders

Companies have filed 151 appeals against the orders/actions of the Securities and Exchange Commission of Pakistan (SECP) with the SECP Appellate Bench during 2018-19. According to the SECP data, the appellate bench is a quasi-judicial appellate body of th
Updated 01 Mar, 2020 04:59am
Appeals against FBR: SECP expects favourable outcome

Appeals against FBR: SECP expects favourable outcome

The management of the Securities and Exchange Commission of Pakistan (SECP) expects favourable outcome of the appeals filed with various judicial fora against the tax department and the Federal Board of Revenue (FBR) pertaining to the tax matters of the p
Updated 01 Mar, 2020 04:59am
POL products' prices reduced

POL products' prices reduced

The government on Saturday reduced prices of all petroleum products for March following a significant decline in world oil prices. In its monthly review, the Ministry of Finance has reduced prices by Rs 5 each per litre for MS (petrol) and High Speed Dies
Updated 01 Mar, 2020 04:59am
Two new cases of coronavirus detected in country

Two new cases of coronavirus detected in country

The country is on alert as two more persons have been tested positive for coronavirus - again in the federal capital and Karachi - taking the total to four. Speaking at a presser, Special Assistant to the Prime Minister on Health Dr Zafar Mirza along wi
Updated 04 Mar, 2020 10:54am
26 Syrian troops killed in Turkish strikes

26 Syrian troops killed in Turkish strikes

Turkish drone strikes killed 26 Syrian soldiers on Saturday, an independent war monitor said, after Ankara warned Damascus that it would "pay a price" for killing dozens of Turkish troops on its soil. The Britain-based Observatory for Human Rights said th
Updated 01 Mar, 2020 04:59am
NJPMC resolves to show zero tolerance against corruption

NJPMC resolves to show zero tolerance against corruption

The National Judicial Planning and Management Committee (NJPMC) held here on Saturday under the chair of Chief Justice of Pakistan Justice Gulzar Ahmed resolved that there will be zero tolerance against corruption. The committee also briefed him about the
Published 01 Mar, 2020 12:00am
AJK President describes situation in IOK as grave human tragedy

AJK President describes situation in IOK as grave human tragedy

Azad Jammu & Kashmir (AJ&K) President Sardar Masood Khan on Saturday described the situation in the Indian Occupied Kashmir (IOK) as a "grave human tragedy" and emphasized the need for adopting a more proactive approach to highlight it at powerful global
Updated 01 Mar, 2020 04:59am
Taftan border closed again after temporary opening

Taftan border closed again after temporary opening

The Taftan border between Pakistan and Iran remains closed for seventh day conservatively after a temporary opening on Saturday. 252 pilgrims have been sent to Quetta from the isolation ward at the Pakistan House after they were tested negative for the co
Updated 01 Mar, 2020 04:59am
Johnson to wed with girlfriend

Johnson to wed with girlfriend

British Prime Minister Boris Johnson and his girlfriend Carrie Symonds announced on Saturday that they are expecting a baby and have got engaged. A Downing Street spokeswoman confirmed the news to AFP without providing further comment.
Updated 01 Mar, 2020 04:59am
Mahathir out as king names PM

Mahathir out as king names PM

Malaysia's 94-year-old Mahathir Mohamad lost out in a battle to become prime minister on Saturday as the king named former interior minister Muhyiddin Yassin after a week of political turmoil sparked by Mahathir's resignation.
Updated 01 Mar, 2020 04:59am
The coronavirus challenge
Letters

The coronavirus challenge

This is apropos a Business Recorder news items "Coronavirus panic sends global stocks tumbling" and "WHO raises global risk from 'high' to 'very high'" carried by the newspaper yesterday. It is therefore a matter of deep concern that coronavirus pa
Published 01 Mar, 2020 12:00am
Keeping Orange Line alive
Articles

Keeping Orange Line alive

Lahore Orange Line (train) rapid transit system is in the process of test run with commercial operations to commence by June 2020. This is second of four planned mass transit systems of Lahore. Green Line metro bus system is in operation for seven years,
Published 01 Mar, 2020 12:00am
Passing of a repressive ruler

Passing of a repressive ruler

Ousted president of Egypt Hosni Mubarak who ruled the country with an iron fist for three decades is dead, leaving his authoritarian legacy intact. He rose to prominence for his role in the 1973 Yom Kippur war against Israel as the commander of air force,
Published 01 Mar, 2020 12:00am
Trump's India visit

Trump's India visit

A deeper look into what US President Donald Trump said and did during his two-day visit to India may suggest that he did not mean what he said in public. For instance, he reiterated his offer to mediate on Kashmir. According to him, prime ministers Imran
Published 01 Mar, 2020 12:00am
Saad Rafique hospitalized

Saad Rafique hospitalized

The Pakistan Muslim League Nawaz (PML-N) leader Khwaja Saad Rafique was taken to the Services hospital where doctors had suggested surgery of his throat.
Updated 01 Mar, 2020 04:44am
Three-day expo 'SAVDEX' concludes
Business & Economy

Three-day expo 'SAVDEX' concludes

The three-day "Suppliers and Vendors Defence Exhibition (SAVDEX 2020)" organized by the Lahore Chamber of Commerce and Industry (LCCI) and Defence Export Promotion Organization (DEPO) concluded here on Saturday.
Published 01 Mar, 2020 12:00am
Carjacking cases continue unabated in capital

Carjacking cases continue unabated in capital

Over seven cases of various kinds of thefts and three cases of auto theft were reported at various police stations of the federal capital during last week. According to data gathered by Business Recorder, various police stations registered seven cases of
Published 01 Mar, 2020 12:00am
NCHD-Alight Pakistan to establish 22 schools in GB

NCHD-Alight Pakistan to establish 22 schools in GB

The National Commission for Human Development (NCHD) and Alight Pakistan, formerly American Refugee Committee, have agreed to join hands to impart free education to out-of-school children at 22 schools in Gilgit-Baltistan (GB) province.
Published 01 Mar, 2020 12:00am
Coronavirus: situation in Punjab normal: Buzdar

Coronavirus: situation in Punjab normal: Buzdar

Punjab Chief Minister Sardar Usman Buzdar on Saturday maintained that the situation concerning coronavirus in Punjab is normal adding "All the precautionary and preventive measures have been taken".
Updated 04 Mar, 2020 10:50am
PTI government fails to honour promises made to KP people: ATP

PTI government fails to honour promises made to KP people: ATP

The Amun Taraqqi Party (ATP), chairman Muhammad Faiq Shah has criticized the Pakistan Tehreek-e-Insaf (PTI) leaders have taken frequent U-turns but failed to honour their commitments with people of the Khyber Pakhtunkhwa.
Published 01 Mar, 2020 12:00am
Bilawal to visit central Punjab

Bilawal to visit central Punjab

Bilawal Bhutto Zardari will visit central Punjab from 2nd of March and address party meetings in Sahiwal, Pakpattan and Okara, said General Secretary of Pakistan Peoples Party (PPP) Punjab. He said Bilawal will address a Meet the Press programme at the La
Published 01 Mar, 2020 12:00am
ANP greets Afghan people on peace agreement

ANP greets Afghan people on peace agreement

ANP's President, Asfandyar Wali Khan has congratulated the people of Afghanistan on the signing of peace agreement between United States and Taliban in Qatar and termed it a point of new beginning. In a statement issued from Wali Bagh Charsadda here Satur
Published 01 Mar, 2020 12:00am
PESCO gears up drive against power thieves
Energy

PESCO gears up drive against power thieves

Drive against illegal use of electricity and recovery of dues has geared up on the directives of the Chief Executive Officer (CEO), Peshawar Electric Supply Company (PESCO), across Khyber Pakhtunkhwa.
Updated 01 Mar, 2020 04:39am
Another polio case surfaces in Sindh

Another polio case surfaces in Sindh

Another polio case emerged in Sindh province on Saturday, raising the total number of cases in the ongoing year to 20.
Published 01 Mar, 2020 12:00am
Ex-PSM chief acquitted in corruption case

Ex-PSM chief acquitted in corruption case

An accountability court on Saturday acquitted former chairman of Pakistan Steel Mills (PSM) Moeen Aftab over lack of evidence in a corruption reference worth Rs 490 million.
Published 01 Mar, 2020 12:00am
PIA call centre facilitating affected passengers

PIA call centre facilitating affected passengers

Due to the temporary entry restrictions by Saudi Arabia because of coronavirus (COVID 19) outbreak, certain mandatory preventive measures have been added for airlines coming to Saudi Arabia from various countries including Pakistan where cases of coronavi
Published 01 Mar, 2020 12:00am
Gold plunges by Rs 2150

Gold plunges by Rs 2150

Gold on Saturday plunged by Rs 2150 per tola to Rs 91600 on the local market, traders said.
Published 01 Mar, 2020 12:00am
Murad orders purchase of coronavirus's testing kits

Murad orders purchase of coronavirus's testing kits

One more Coronavirus case has been diagnosed in the city, the patient has been shifted to hospital and his family members who were in contact with him have also been isolated in their house.
Published 01 Mar, 2020 12:00am
PSM chief meets PMC management

PSM chief meets PMC management

Pakistan Steel Mill (PSM) chairman Aamir Mumtaz on Saturday met the management of the Punjab Mineral Company (PMC) to review a possibility of collaboration between the two institutions for indigenous resource utilization.
Published 01 Mar, 2020 12:00am
Even mosques & graveyards are not safe in India: governor

Even mosques & graveyards are not safe in India: governor

Punjab Governor Chaudhry Mohammad Sarwar said in his Twitter message that even mosques and graveyards are not safe in India and it has become a crime to be a Muslim in India. Why United Nations is becoming a silent spectator over Delhi riots, he asked.
Published 01 Mar, 2020 12:00am
PPA-NR chief demands relief package

PPA-NR chief demands relief package

Pakistan Poultry Association (PPA-Northern Region)chairman Chaudhry Muhammad Fargham has urged the government to curtail increasing input cost to reduce poultry farmer's cost of production and to make poultry products acceptable to consumer's pockets.
Published 01 Mar, 2020 12:00am
PPP never gets involved in politics of religion: Aitzaz

PPP never gets involved in politics of religion: Aitzaz

Pakistan Peoples Party (PPP) stalwart Ch Aitezaz Ahsan said Saturday the PPP has never been involved in the politics of religion. Talking to media, he said the PPP had made it clear to Maulana Fazlur Rehman that it would not be involved in the politics of
Published 01 Mar, 2020 12:00am
EFU Life recognised at International forum yet again
Money & Banking

EFU Life recognised at International forum yet again

EFU Life Assurance Limited, the leading life insurance provider in the country, has been recognized at an international forum yet again. After winning at the Dragons of Asia Awards, with the 'Blue dragon' for Best Campaign in Pakistan and Gold Dragon for
Updated 01 Mar, 2020 04:39am
Two killed in Quetta rival groups clash

Two killed in Quetta rival groups clash

Two people were killed in armed clash between two rival groups here on Saturday, police said. According to details, the incident took place in Sardar Kale area of Sardariab Road Quetta where two rival groups traded fire. In cross firing two people, Adam K
Published 01 Mar, 2020 12:00am
PTI leader distributes face masks

PTI leader distributes face masks

As precautionary measure, Pakistan Tehreek-e-Insaf (PTI) leader and PTI Karachi Region President Khurrum Sher Zaman along with PTI Karachi workers distributed thousands of masks and pamphlets on coronavirus on Saturday in front of Civil Hospital Karachi (
Published 01 Mar, 2020 12:00am
Can the Fed inoculate US economy against virus impact?
Global Business Economy

Can the Fed inoculate US economy against virus impact?

The US Federal Reserve stands ready to take action to counter the risks posed by the novel coronavirus crisis, the central bank's chairman Jerome Powell said Friday, while insisting that the US economy remains in a good position.
Updated 01 Mar, 2020 04:44am
Venezuela names new vice presidents for four PDVSA units
Energy

Venezuela names new vice presidents for four PDVSA units

Venezuela has named new vice presidents for four units of its state oil company PDVSA, as well as a new president for the unit of the company handling joint ventures with private oil companies, according to a copy of the official gazette seen by Reuters o
Updated 01 Mar, 2020 04:39am
US game makers conference postponed amid virus fears

US game makers conference postponed amid virus fears

A game developers conference in San Francisco was postponed Friday, after Facebook and Microsoft withdrew from the event due to concerns about the spread of novel coronavirus. The annual gathering was due to start March 16 in a downtown convention center
Published 01 Mar, 2020 12:00am
Virus hammers China's February economic activity

Virus hammers China's February economic activity

China's manufacturing activity fell to its lowest level on record in February as official data on Saturday confirmed the massive damage the deadly coronavirus epidemic has caused to the world's second-largest economy.
Published 01 Mar, 2020 12:00am
Greece pushes back migrants after Turkish border 'onslaught'

Greece pushes back migrants after Turkish border 'onslaught'

Greek police fired teargas to push back hundreds of stone-throwing migrants trying to cross over the border from Turkey on Saturday, as a crisis over Syria shifted onto the European Union's doorstep. Greece, which has tense relations with Turkey at the be
Published 01 Mar, 2020 12:00am
More than 200,000 hit by Congo floods

More than 200,000 hit by Congo floods

More than 200,000 people have been affected by floods that have ravaged Republic of Congo since last year, authorities said Saturday. The government has issued an urgent international appeal after the flooding along the Congo and Ubangi rivers in the coun
Published 01 Mar, 2020 12:00am
Trump wins key court case on snub of Congressional subpoenas

Trump wins key court case on snub of Congressional subpoenas

The White House won a key victory for presidential power Friday when an appeals court rejected a lawsuit over President Donald Trump's blocking his former legal advisor from honoring a Congressional subpoena.
Published 01 Mar, 2020 12:00am
Advertising spending on US primaries surpasses $1 billion
Global Business Economy

Advertising spending on US primaries surpasses $1 billion

Advertising spending on the US presidential primaries has surpassed an "unprecedented" $1 billion, half of which came from the coffers of billionaire Democratic White House hopeful Michael Bloomberg, a tracking firm said Friday.
Published 01 Mar, 2020 12:00am
Top British home office mandarin quits in minister bullying row

Top British home office mandarin quits in minister bullying row

Britain's top government official in the ministry responsible for policing and counter-terrorism resigned on Saturday, saying there had been an orchestrated campaign to remove him. Philip Rutnam quit after reports of tensions between him and Home Secretar
Published 01 Mar, 2020 12:00am
Opposition urges 'Russia without Putin' in rally for slain liberal

Opposition urges 'Russia without Putin' in rally for slain liberal

Thousands rallied in central Moscow on Saturday to call on President Vladimir Putin not to stay in power indefinitely, in the first major protest by the Russian opposition since the Kremlin chief announced controversial plans to change the constitution.
Published 01 Mar, 2020 12:00am
Kaspi revives plans for London float
Money & Banking

Kaspi revives plans for London float

Kazakh financial group Kaspi.kz is reviving plans for a stock market listing in London, hoping to benefit from a sharper appetite for share offerings, three people close to the matter said.
Updated 01 Mar, 2020 04:44am
Brazil real hits new low
Money & Banking

Brazil real hits new low

The Brazilian real sank to a new low against the dollar on Friday, taking its losses this year to 11% as the relentless selling overwhelmed the central bank's third consecutive daily market intervention to ease the pressure.
Updated 01 Mar, 2020 04:39am
Commodity-linked loonie slides to 9-month low
Money & Banking

Commodity-linked loonie slides to 9-month low

The Canadian dollar weakened to a nine-month low against the greenback on Friday as concerns rose about the impact of the coronavirus outbreak on Canada's commodity-linked economy and data showed barely any growth in the fourth quarter.
Updated 01 Mar, 2020 04:39am
Asia's naphtha stays at five-month low
Energy

Asia's naphtha stays at five-month low

Asia's naphtha crack stayed at a five-month low for the second day on Thursday at $49.65 a tonne while gasoline crack hit a one-month low of $4.02 a barrel, weighed down by concerns of slower economic growth because of the coronavirus.
Updated 01 Mar, 2020 04:39am
Slow trading activity on cotton market
Cotton & Textile

Slow trading activity on cotton market

Subdued business was witnessed on the cotton market on Saturday in the absence of leading factors, dealers said. The official spot rate maintained week-end level at Rs 9000, they added. In the ready session, 1000 bales of cotton from Jshania finalised at
Updated 01 Mar, 2020 04:39am
Canadian canola futures rise
Commodities

Canadian canola futures rise

ICE Canadian canola futures rose on Thursday with soyabeans, after setting a fresh contract low earlier, in volatile trade guided by outside markets. Coronavirus fears have pressured oil and equities, spilling negative sentiment onto canola, a trader note
Published 01 Mar, 2020 12:00am
European gasoline margins fall
Energy

European gasoline margins fall

Northwest European gasoline refining margins fell on Thursday amid weak exports, shrugging off a continually weak crude price and falling inventories on both sides of the Atlantic. Oil prices plunged more than 4% on Thursday, down for a fifth day to their
Updated 01 Mar, 2020 04:39am
Tunisia buys feed barley
Commodities

Tunisia buys feed barley

Tunisia's state grains agency is believed to have purchased about 75,000 tonnes of animal feed barley to be sourced from optional origins in an international tender which closed on Thursday, traders said, confirming earlier assessments.
Published 01 Mar, 2020 12:00am
Nadal strolls into Acapulco final
Football

Nadal strolls into Acapulco final

Rafael Nadal used a steady stream of blistering forehand winners and a heavy dose of precision serves to book his spot in the ATP Mexico Open final with a convincing 6-3, 6-2 win over Grigor Dimitrov.
Published 01 Mar, 2020 12:00am
Two matches decided in Open Polo
Other

Two matches decided in Open Polo

The PBG Risala and ASC Polo Team carved out comfortable victories in the Zameen National Open Polo Championship for Quaid-e-Azam Gold Cup 2020 matches played here at Lahore Polo Club ground.
Published 01 Mar, 2020 12:00am
Injured Bismah ruled out of World Cup
Cricket

Injured Bismah ruled out of World Cup

Pakistan women cricket team skipper Bismah Maroof has been ruled out of the ICC Women's T20 World Cup 2020 after suffering communitive fracture in her right thumb during her side's 42-run defeat against England in Canberra on Friday.
Published 01 Mar, 2020 12:00am
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