Russia faces decision on Winter Olympics ban for doping
The International Olympic Committee meets from Tuesday to decide whether to bar Russia from the 2018 Winter Olympics for...
Taylor Swift spends third week atop Billboard 200 chart
Taylor Swift held onto her throne atop the weekly US Billboard 200 album chart for a third consecutive week...
Stunning Lyon, Starc catches floor England
Two freakish Australian catches rocked England´s diminishing hopes of saving the second Ashes Test on a fast-moving third day...
The “Ultimate Warrior” is dead!
The Ultimate Warrior, one of US professional wrestling’s most celebrated names, has died at the age of 54, days after being inducted into the World Wrestling Entertainment Inc Hall of Fame, the company said late on Tuesday. We are grateful that just days ago, Warrior had the opportunity to... Read more
Major terror attack averted in Karachi!
A bomb weighing 13 kilograms was defused near Khalid Bin Waleed road in Karachi’s PECHS area on Wednesday according to media reports. BDS personnel discovered the bomb in a fertilizer sack on receiving a tip-off . The bomb was connected with a detonator device and contained two and a half... Read more
Crazed student stabs 20 others in US
 A student stabbed or slashed around 20 others Wednesday at a high school in the US state of Pennsylvania, officials said. “These are significant injuries,” Chris Kaufmann, the trauma medical director at Forbes Regional Hospital, told the media. Dan Stevens, a spokesman for Westmoreland County emergency management, said the... Read more
Toyota to recall 6.4 million vehicles
Toyota is recalling 6.4 million vehicles globally, including 35,124 in the UK, over five separate issues. Some 3.5 million vehicles are being recalled to replace a spiral cable attached to the driver’s side airbag.It may be damaged when the steering wheel is turned and result in the airbag not... Read more
Volcanic islands merge in Pacific Ocean
A volcanic island in the Pacific Ocean has merged with its neighbour to form one landmass, according to NASA The merged island lies some 1,000km (621mi) south of Tokyo, the result of eruptions on the seafloor that have spewed enough material to rise above the water line. In November... Read more
Smuggled Iranian LPG threatens local sector
The LPG Marketing Association termed smuggling or under-invoiced imports from Iran a threat to the organised liquefied petroleum gas (LPG) sector and public health in Pakistan “The price of LPG is determined by producers and not marketing companies. Technically, the government fixes the LPG rates as 63 per cent... Read more
LCCI rejects Punjab’s new tax rules
The Lahore Chamber of Commerce and Industry (LCCI) unanimously rejected Sales Tax on Services enforcement rules of the Punjab Revenue Authority, and also sought the intervention of the chief executive of the province into the matter. They termed the rules against fundamental rights of doing business. A four-member committee... Read more
UBL Fund Managers launches Al Ameen Funds
UBL Fund Managers, one of the largest asset management companies in Pakistan, has brought together Islamic investment solutions under the umbrella of Al Ameen Funds. The initiative is aimed at providing diverse Shariah-compliant investment solutions to investors. Under the Al Ameen Funds, the investors can capitalise on tailor-made and... Read more
Pakistan returns to international bond market
Pakistan has issued its first US dollar bonds in seven years. The sovereign, rated Caa1/B- by Moody’s/S&P, has launched a $1bn five-year tranche at the final yield of 7.25% and a 10-year portion at 8.25%. The transaction re-establishes the country’s profile in front of the global fixed income investor... Read more
Spain rejects Catalonian bid for holding ‘independence’ referendum
Spain’s parliament has overwhelmingly rejected Catalonia’s bid to hold a referendum on independence. After a seven-hour debate 299 lawmakers voted against, 47 voted for and one abstained. All the major parties, including the ruling conservative People’s Party (PP), the main opposition group, the Socialists, and the centrist Union for... Read more
Remnants of the “Interahamwe” Rwanda genocide group still threat to peace in Great Lakes region
The Democratic Forces for the Liberation of Rwanda (FDLR) is at the heart of two decades of war and instability in Joseph Kabila’s Democratic Republic of Congo, in which millions of people have died from violence, hunger and disease. Founded by members of the Interahamwe Hutu militia that organised... Read more
PCB issues show-cause notice to Afridi for ‘media interaction without permission’
The Pakistan Cricket Board (PCB) has reportedly issued a show-cause notice to veteran all-rounder Shahid Afridi for ‘interacting with the media without prior permission’. Afridi had slammed his teammates in front of the media for their poor performances in the World Twenty20 and blamed the batsmen for the defeat... Read more
Guinness World Records confirmation of PYF records slap on critics’ faces: Mashhood
Provincial Minister for Sports Rana Mashhood Ahmad Khan has said that the Guinness World Record (GWR) has confirmed the Punjab Youth Festival 2014 world records events which is not less than a slap on the face of critics. Speaking at the press briefing here at the National Hockey Stadium... Read more
HBO renews ‘Game Of Thrones’ two more seasons yet to come
The popular TV show premiered its fourth season earlier this week. The HBO fantasy epic Game Of Thrones has been renewed for two more seasons, the premium cable network said on Tuesday, two days after the show’s season four premiere drew the network’s biggest audience in seven years. The... Read more