WTO plans 10% budget cut

The World Trade Organisation (WTO) is set to cut about 10% of its spending – including hiring freezes and reductions in short term staff – after the US fell back into arrears and a growing number of members failed to pay their dues on time, according to classified WTO documents seen by Reuters. The watchdog…

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Minister courts Pakistani investors

Highlights agriculture, IT, textiles, real estate, oil and gas sector among others MANCHESTER: Federal Minister for Board of Investment Qaiser Ahmed Sheikh received an exceptional welcome during his visit to Manchester, where he attended a gathering on the sidelines of a Commonwealth conference, according to a statement issued on Saturday. Despite a demanding schedule, the…

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Arsenal go six points clear of Man City

Bukayo Saka celebrates after scoring Arsenal’s second goal. Photo: AFP/FILE LONDON: Viktor Gyokeres and Bukayo Saka starred in Arsenal’s 3-0 win against Fulham on Saturday as the Premier League leaders moved a step closer to their first title in 22 years. Mikel Arteta’s side demolished woeful Fulham with a three-goal first half blitz at the…

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Fibre deficit is bottleneck for 5G

KARACHI: Despite the recent rollout of 5G services in Pakistan, internet speeds remain frustratingly slow in major metropolitan cities like Karachi and Lahore. Even the capital, Islamabad, continues to experience sluggish connectivity. The situation is far worse in peripheral regions such as Azad Kashmir and Balochistan, where reliable high-speed internet remains a distant dream. At…

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PSG held by Lorient

Mbaye and Zaïre-Emery on target as PSG are forced to settle for a draw. Photo: AFP/FILE PARIS: Paris Saint-Germain warmed up for the second leg of their Champions League semi-final against Bayern Munich by fielding a second-string line-up and throwing away the lead twice in a 2-2 draw with Lorient in Ligue 1 on Saturday….

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Barcelona on verge of Liga title

Barcelona earned a tight win at Osasuna to move to the brink of the La Liga title. Photo: AFP BARCELONA: Robert Lewandowski and Ferran Torres took Barcelona to the brink of the La Liga title with late goals to earn them a 2-1 win at Osasuna on Saturday. Elsewhere, Villarreal guaranteed themselves a Champions League…

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FinMin urges banks to boost cyber defence

Virtual meeting focuses on AI-driven threats, REITs reform to formalise real estate investment Pakistan Finance Minister Muhammad Aurangzeb speaks during an interview at the International Monetary Fund and World Bank Group’s annual spring meetings in Washington DC, US, April 13, 2026, PHOTO: REUTERS ISLAMABAD: Federal Minister for Finance and Revenue has chaired a virtual meeting…

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