Liverpool stay top as Arsenal, City win – Sport

MANCHESTER: Liverpool beat Crystal Palace 1-0 to remain top of the Premier League as Arsenal and Manchester City came from behind to win on Saturday. City were 3-2 victors over Fulham to stay one point behind Liverpool, alongside Arsenal who saw off Southampton 3-1. Arne Slot has now won nine of his first 10 games […]

Lawyers vow to resist proposed constitutional amendments – Pakistan

PESHAWAR: Lawyers at a convention here on Saturday rejected proposed constitutional amendments including setting up of a federal constitutional court and pledged that they would fully resist the same. Through a unanimously adopted resolution, they vowed that they would not accept any amendment that was drafted by ‘someone else’ and said that the parliament would […]

Heavy rain, windstorm lash Khyber Pakhtunkhwa – Pakistan

PESHAWAR: Heavy rain and windstorm lashed Peshawar and other parts of Khyber Pakhtunkhwa on Saturday evening without causing any loss to human life. In the provincial capital, rainwater inundated University Road, parts of Hayatabad, Saddar Road, Stadium Chowk and other areas. However, a Rescue 1122 spokesperson said that they did not receive any report regarding […]

Climate activist Greta Thunberg detained at Brussels demo – World

BRUSSELS: Climate activist Greta Thunberg was among several of protesters detained on Saturday for blocking a road in the Belgian capital at a demonstration against fossil fuel subsidies. An eyewitness saw the iconic Swede — who has previously been detained for civil disobedience at protests in various countries — carried away by police after refusing […]

Nasrallah’s possible successor ‘out of contact’ after Israeli air strike – World

BEIRUT: The potential successor to slain Hezbollah leader Sayyed Hassan Nasrallah has been out of contact since Friday, a Lebanese security source said on Saturday, after an Israeli air strike that is reported to have targeted him. In its campaign against the Iran-backed Lebanese group, Israel carried out a large strike on Beirut’s southern suburbs […]

Sri Lanka approves controversial foreign debt deal – World

COLOMBO: Sri Lanka’s new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said on Saturday. Former leader Ranil Wickremesinghe annou­nc­ed a deal with international sovereign bondholders and the China Development Bank just two days before he lost presidential elections last month. The […]

Industries struggle as energy costs soar – Newspaper

KARACHI: Despite hopes of economic recovery following the IMF’s $7 billion bailout package, several industrial sectors are either shutting down units or reducing production due to the soaring costs of power and gas, which have hit production hard, leading to closures and job cuts in key industries. However, stakeholders have expressed mixed views about the […]

It’s not all doom and gloom in corporate sector – Pakistan

KARACHI: Contrary to frequent closures of local businesses, Pakistan witnessed a higher arrival of foreign companies than those leaving the country in one and a half years. Several notifications were sent to the Pakistan Stock Exchange informing the stakeholders about the closure or downsizing of the companies from textile to steel, leather and other sectors […]

PSX surges to new peak in jittery week – Pakistan

KARACHI: Amid escalating regional tensions following an Iranian missile attack on Israel and mounting political tensions due to ongoing protest by the opposition party in the capital, the Pakistan Stock Exchange (PSX) closed the tumultuous week at a record high of above 83,500. The bullish spell was driven by surging exports, foreign exchange reserves and […]

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