Shares at PSX rally 900 points in early morning trade over ‘clarity’ on govt formation – Business
Bulls dominated at the Pakistan Stock Exchange (PSX) on Wednesday as shares gained over 900 points, with analysts attributing the gains to consensus over the formation of the government. After multiple rounds of talks spanning over one week, an agreement was reached last night between the PML-N and the PPP to share power in order […]
Shares at PSX rally 900 points in early morning trade over consensus on govt formation – Business
Bulls dominated at the Pakistan Stock Exchange (PSX) on Wednesday as shares gained over 900 points, with analysts attributing the gains to consensus over the formation of the government. After multiple rounds of talks spanning over one week, an agreement was reached last night between the PML-N and the PPP to share power in order […]
Ratcliffe completes purchase of minority stake in Man Utd
MANCHESTER: British billionaire Jim Ratcliffe said becoming a co-owner of Manchester United is a “great honour” and “responsibility” after his purchase of a minority stake was finalised on Tuesday. The 71-year-old’s investment, which will give him control of football operations at the 20-time English champions, was approved by the Premier League and English Football Association […]
Navalny’s mother asks Putin to release his body – World
MOSCOW: The mother of Alexei Navalny urged Russian President Vladimir Putin to “immediately” release the body of her son, in her first comments since his death in an Arctic prison. Putin’s main political opponent died in his penal colony on Friday, Russian authorities said. His team says the 47-year-old was murdered. His widow, Yulia Navalnaya, […]
Brightest object, powered by hungriest black hole discovered – World
KARACHI: Researchers have found the brightest object in the universe, which is 500 trillion times brighter than the Sun. According to the European Southern Observatory (ESO), the newly discovered quasar is the most luminous object ever observed, and it is powered by a massive blackhole which is eating a mass equivalent to one Sun per […]
Individuals, not army, behind martial laws, CJP Isa observes – Pakistan
ISLAMABAD: Chief Justice of Pakistan (CJP) Qazi Faez Isa on Tuesday wondered whether revisiting the controversial death sentence awarded to former premier Zulfikar Ali Bhutto offers an opportunity to vindicate judiciary and the armed forces. “There must be new beginnings at some stage in our very chequered history, since we are perpetually living in the […]
Pro-Palestine banners barred at PSL games – Pakistan
KARACHI: Upon entering the Gaddafi Stadium to attend the Pakistan Super League match between home side Lahore Qalandars and Quetta Gladiators on Monday night, Faryal was stopped at the venue’s gates by security personnel. “They acted like I’m carrying a weapon with me,” Faryal wrote on X, after expressing her anger and frustration on the […]
Senators call for CEC’s arrest, trial for ‘treason’ – Pakistan
• PTI lawmaker warns unrest to continue if those with mandate not allowed to rule• ‘N’ senator seeks release of all political prisoners, including Imran and missing persons ISLAMABAD: The controversy over a “stolen mandate” echoed in the Senate on Tuesday, with lawmakers from different political parties calling for action against Chief Election Commissioner (CEC) […]
Consensus at midnight paves way for ‘PDM 2.0’ – Pakistan
• Zardari named as next president, Shehbaz to be premier; PPP steers clear of federal cabinet• PML-N to get National Assembly speaker slot, PPP will have its deputy speaker• Senate chairmanship to go to PPP; deputy chairman to come from N-League ISLAMABAD: After multiple rounds of talks spanning over one week, a consensus was reached […]
Electricity bills to surge with record fuel cost adjustment – Business
ISLAMABAD: In yet another blow to struggling electricity consumers, the Central Power Purchasing Agency (CPPA) has sought a massive Rs7.13 per unit increase in fuel charges in the upcoming bills on account of electricity consumed in January to generate an additional Rs57 billion for power distribution companies (Discos) formerly under Wapda. This is the highest-ever […]