Iran’s Mahan Air to launch Tehran-Lahore flights from Dec 18
Iran’s Mahan Air has announced two weekly flights between Tehran and Lahore from December 18. According to Iranian state...
Modric latest La Liga player to be accused of tax fraud
Real Madrid midfielder Luka Modric has been accused by Spanish prosecutors of tax fraud of up to 870,728 euros...
North Korea tests most advanced missile yet; US mainland in range
North Korea test fired its most advanced intercontinental ballistic yet on Wednesday, putting the US mainland within range and...
A historical first: spacecraft lands on comet
The European Space Agency said it landed a spacecraft on a comet yesterda for the first time ever. The Philae craft pulled off the audacious landing hours after it was released toward the giant ball of dust and ice by the unmanned Rosetta space probe. The landing is the... Read more
Afghan President Ghani to visit Pakistan tomorrow: FO
The new Afghan President Ashraf Ghani will arrive in Islamabad tomorrow (Friday) on a two-day official visit to Pakistan. Foreign Office Spokesperson Tasneem Aslam confirmed Ghani’s visit during her weekly briefing in Islamabad earlier today. The spokesperson said, “He will hold bilateral meetings with President Mamnoon Hussain and... Read more
“Purchase of biometric machines would be accomplished by end of 2015”: ECP
The response submitted at the Supreme Court by Election Commission of Pakistan (ECP) suggests that tender for the purchase of biometric machines would be prepared by November 28 whereas auction would take place by January 10. The purchase order of the biometric machine would be complied by March 10... Read more
Pakistan successfully test fires Hatf-VI missile
Pakistan successfully test fired Thursday nuclear-capable Shaheen-II ballistic missile. “Shaheen-II missiles are capable of carrying nuclear and conventional warheads to a range of 1,500 kilometres,” according to an ISPR statement. Shaheen-II ballistic missile has been developed by NESCOM’s National Defence Complex of Pakistan. Read more
MQM blasts Sindh CM over Thar crisis
MQM leaders earlier today lambasted Sindh Chief Minister Qaim Ali Shah for his handling of the humanitarian crisis in Thar due to which masses of children have died in recent days. Addressing a press conference here, MQM leader Faisal Sabzwari said that those who are in power in Sindh... Read more
4.8 magnitude earthquake shakes US states
A shallow 4.8-magnitude earthquake rattled large parts of Kansas and Oklahoma yesterday, a rare occurrence for two US states more used to tornadoes than tremors. The quake, which hit at 3:40 pm (2140 GMT), was 5.4 kilometers (3.4 miles) deep and struck close to Conway Springs in Kansas, the... Read more
US forces carrying out the vast majority of strikes against IS(IL)
US forces have carried out the overwhelming majority of air strikes against the self styled “Islamic State” militants since August, with American warplanes conducting about 85 percent of the raids, the Pentagon admitted yesterday. Arab coalition partners have carried out 56 out of 393 air strikes over Syria, and... Read more
TDAP case: FACC reserves verdict on bail
Federal Anti-Corruption Court (FACC) today reserved its verdict on bail of Former Prime Minister Yousaf Raza Gillani and Ameen Faheem in Trade Development Authority of Pakistan (TDAP) case in Karachi. According to details, FACC has reserved its decision on bail of former PM and Ameen Faheem in TDAP case... Read more
Khalid khan: The ace of bass
Khalid Khan the bassist, best known for being a former member of Aaroh, has played for a multitude of solo artistes including Najam Sheraz, and bands, such as Fuzön, Strings, Kaavish, Yataghan and Circle. But despite playing for industry heavyweights, he considers his first-ever stint on the music television... Read more
Plea for ban on Indian flick dismissed
The Lahore High Court on Wednesday dismissed a petition seeking a ban on the exhibition of Indian film ‘Haider’ in Pakistan. The court asked the petitioner to approach the censor board first for the required relief. The petitioner, Iftikhar Ahmad, stated the film was against the ideology of Pakistan... Read more
I would love to work in Bollywood films”says  Mahira Khan
Pakistani dramas being aired on Indian television, such as Zindagi Gulzar Hai and more recently Humsafar have developed a stellar fan base across the border for our celebrities. Mahira, who can currently be seen in Hum TV’s Sadqay Tumharay opposite Adnan Malik, recently went to Mumbai to meet doting... Read more
‘Global energy system under stress’:IEA
With fossil fuels set to meet most of the increased global demand for energy, the IEA warned yesterday that climate change targets are at risk and conflicts could still wreak havoc with supplies. “The global energy system is in danger of falling short of the hopes and expectations placed... Read more
Govt blames PTI protests for lack of interest in OGDCL sale
The government yesterday blamed opposition street protests for a slump in a state-owned oil company’s share price that forced a part sell-off to be shelved. The government decided to hold back the auction of 10 per cent of shares in the Oil and Gas Development Company Limited (OGDCL), which... Read more
Corporate News

Corporate News

Business November 13, 2014 0

Emirates profits up 8pc despite route closures DUBAI: Emirates Airline posted an 8.2 per cent rise in half year profits to $514 million, it said Wednesday, stressing that routes being suspended and a runway closure accounted for lower than expected results. The Middle East’s largest carrier said revenues in... Read more