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Oct 11, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
World - 2020-05-24
Trump heads to golf course, says will attend space launch

Trump heads to golf course, says will attend space launch

Donald Trump on Saturday underlined his push for a return to normal life in the US by making his first visit to a golf course in two months and confirming he would attend a space launch next week.
Published 24 May, 2020 12:01am
Coronavirus cases pass 5.25m worldwide

Coronavirus cases pass 5.25m worldwide

The number of cases of coronavirus recorded worldwide has passed 5.25 million, more than two thirds of them in Europe and the United States, according to an AFP tally at 1650 GMT Saturday.
Published 24 May, 2020 12:01am
Cuba dreading Trump re-election, says diplomat

Cuba dreading Trump re-election, says diplomat

The re-election of Donald Trump as president of the United States would be "the worst" scenario for Cuba, Havana's top diplomat in charge of relations with Washington told AFP.
Published 24 May, 2020 12:01am
UK to require employers to pay 20-30pc of furloughed wage cost

UK to require employers to pay 20-30pc of furloughed wage cost

The United Kingdom has drawn up plans to require employers to cover 20% to 30% of furloughed employees' wages from August to reduce the vast burden of the coronavirus crisis on government finances, The Times newspaper reported.
Published 24 May, 2020 12:01am
Coronavirus edges Greece closer to e-governance

Coronavirus edges Greece closer to e-governance

The coronavirus crisis has forced Greece to take rapid steps to computerise its lumbering civil service and belatedly introduce e-governance in one of the EU's worst digital laggards, experts say.
Published 24 May, 2020 12:01am
Top Venezuela court orders seizure of AT&T subsidiary assets

Top Venezuela court orders seizure of AT&T subsidiary assets

Soldiers surrounded the Caracas headquarters of television provider DirecTV, owned by AT&T, on Friday after a ruling by Venezuela's highest court ordered the "immediate" seizure of the company's facilities and equipment.
Published 24 May, 2020 12:01am
Special PIA flight brings back 155 Pakistanis
Global Business Economy

Special PIA flight brings back 155 Pakistanis

Pakistan International Airlines (PIA) has brought back 155 Pakistanis stranded in Dubai due to Covid-19 pandemic and suspension of airline operations.
Published 24 May, 2020 12:01am
Argentina in default but creditor negotiations continue

Argentina in default but creditor negotiations continue

Argentina defaulted on Friday for the second time in less than 20 years after failing to pay $500 million of interest on its bond debt, but it continues to negotiate a restructure with creditors, Finance Minister Martin Guzman said.
Published 24 May, 2020 12:01am
Hollywood producer arrested in alleged $30m fraud scheme

Hollywood producer arrested in alleged $30m fraud scheme

The ousted chairman of a movie production and distribution company was arrested in Los Angeles on Friday for his alleged role in a nearly $30 million fraud scheme and for bilking a COVID-19 fund set up to help businesses.
Published 24 May, 2020 12:01am
EU 'frugal four' present own proposal for virus aid

EU 'frugal four' present own proposal for virus aid

Four EU countries dubbing themselves the "frugal four" presented their own proposal Saturday for post-coronavirus economic recovery, restating their rejection of any jointly-issued debt instruments.
Published 24 May, 2020 12:01am
Rare protest in Qatar over unpaid wages
Global Business Economy

Rare protest in Qatar over unpaid wages

Migrant labourers staged a rare protest in Qatar over unpaid wages, the government said Saturday, at a time of economic fallout from the coronavirus pandemic and rock-bottom oil prices.
Published 24 May, 2020 12:01am
Iraqi minister seeks Gulf funds to stave off fiscal collapse
Global Business Economy

Iraqi minister seeks Gulf funds to stave off fiscal collapse

Iraq's new finance minister was in Saudi Arabia on Saturday seeking emergency funds to stave off an impending financial crisis brought on by collapsing oil prices. In his first trip abroad since becoming minister, Ali Allawi met the Saudi finance, energy
Published 24 May, 2020 12:01am
China reports no new virus cases for first time

China reports no new virus cases for first time

China on Saturday reported zero new coronavirus infections for the first time since it started reporting data in January, a day after Communist Party leaders celebrated "major achievements" in the virus fight.
Published 24 May, 2020 12:01am
Protests in Indian city over cyclone recovery delay

Protests in Indian city over cyclone recovery delay

Thousands took to the streets of the Indian city of Kolkata on Saturday to protest against what they said was the slow government response to power cuts and flooding after a devastating "super cyclone".
Published 24 May, 2020 12:01am
UK govt defends top adviser over lockdown 'breach'

UK govt defends top adviser over lockdown 'breach'

The British government on Saturday rejected calls to sack top adviser Dominic Cummings over allegations he broke coronavirus lockdown rules by travelling across the country while displaying symptoms of the disease. Cummings, who announced he was suffering
Published 24 May, 2020 12:01am
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