HBL’s PnL takes Rs 1.6 billion dive after DFS fine
Habib Bank Limited’s (HBL) profit for the first three quarters FY 2017 has gone down by Rs. 1.6 billion...
Pakistan beat Sri Lanka by seven wickets in fourth ODI
Pakistan beat Sri Lanka by seven wickets in the fourth day-night international in Sharjah on Friday, taking a 4-0...
G7, tech giants agree on plan to block extremist content online
G7 countries and tech giants including Google, Facebook and Twitter on Friday agreed to work together to block the...
Govt sells Pakistan Security Printing Corporation to SBP
The federal government sold the Pakistan Security Printing Corporation (PSPC) to the State Bank of Pakistan for Rs100 billion. According to sources, the federal government has secretly sold PSPC to cover shortfall in its revenues that surfaced after the United States withheld Coalition Support Fund (CSF) disbursements. The management... Read more
Hussain Nawaz leaves for Doha to meet Qatari prince: media report
Hussain Nawaz has left for Qatar to meet Qatari prince Hamad Bin Jasim. According to local news channel ‘Samaa News’,  Hussain Nawaz has departed for Doha where he is likely to meet Qatari prince Hamad Bin Jasim bin Jaber al Thani in connection with investigation into Sharif Family’s assets... Read more
Britain sends in task force to help run council after tower block fire
Britain said on Wednesday it was sending in a task force to help run the local authority struggling to cope with the aftermath of a London tower block blaze which killed at least 80 people. Kensington and Chelsea council has been criticised by victims’ relatives and survivors for its... Read more
Oil slides as OPEC exports rise, prices end 8 days of gains
Oil prices tumbled about 4 percent on Wednesday, ending their longest string of daily gains in more than five years, as climbing OPEC exports and a stronger dollar spurred selling. Brent crude futures LCOc1 settled down $1.82, or 3.7 percent, at $47.79 a barrel. Prices had climbed for eight... Read more
Pakistani boxer Muhammad Waseem knocks out Panama’s Valdez
Pakistan’s pro-boxer and two-time silver flyweight world champion Muhammad Waseem defeated Panama’s Eliecer Valdez in Panama on Wednesday. The World Boxing Council (WBC) number-one ranked Waseem, who hails from Quetta, knocked out Valdez in the second round while facing him on the undercard of the ‘Puro Poder’ boxing event... Read more
Venezuelan lawmakers beaten, besieged in latest violence
Pipe-wielding government supporters burst into Venezuela’s opposition-controlled congress on Wednesday, witnesses said, attacking lawmakers and journalists in the latest flare-up of violence during a political crisis. Hours afterwards by late afternoon, a crowd of roughly 100 people was still besieging the building, trapping people inside, witnesses said. Some of... Read more
Murray, Nadal through, heartbreak for Kvitova
Andy Murray, Rafael Nadal and Venus Williams breezed into the third round at Wimbledon on Wednesday, while fellow former champion Petra Kvitova tumbled out. Williams, Kei Nishikori and Johanna Konta had to grind their way into the last 32, while new mum Victoria Azarenka continued her comeback bid for... Read more
AG Ashtar Ausaf to represent Pakistan in ICJ in Jadhav case
Attorney-General (AG) Ashtar Ausaf to represent Pakistan in the International Court of Justice (ICJ) seized with an Indian complaint relating to the conviction of its spy, Kulbhushan Jadhav. A communication issued by the Ministry of Foreign Affairs has informed the ICJ registrar at Peace Palace, The Hague, that AG Ausaf... Read more
Lady Gaga embraces Ed Sheeran after Twitter abuse
Even A-list celebrities can be hurt by the venom on Twitter. Lady Gaga has rallied to support Ed Sheeran after the English songwriter revealed he is avoiding Twitter due to abusive comments — some from Gaga’s “Little Monster” fan base. “I wish all people on the internet would be... Read more