Brent is above the level it hit before the two sides announced a ceasefire at the start of April Iran renewed attacks on the United Arab Emirates on Tuesday, causing oil loading at the port of Fujairah to be at least partly halted after the third attack in four days. FILE IMAGE: PIXABAY Asian stocks…
United States would now total $871 million, up from an initial figure of $727 million announced in December General view of the Premier League ball before the match. PHOTO REUTERS FIFA on Tuesday boosted overall World Cup cash distributions to nearly $900 million following concerns over the spiraling costs for teams taking part in the…
Footage shared on social media showed demonstrators chanting outside the prison, with some holding signs. PHOTO: BBC Lawyers for the British state argued at London’s High Court on Tuesday that a ruling by UK judges lifting a government ban on pro-Palestinian group Palestine Action should be scrapped. Appealing the court ruling, the lawyers said the…
A European Union business delegation calls on Prime Minister Shehbaz Sharif in Islamabad. PHOTO: APP ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday reaffirmed Pakistan’s commitment to strengthening trade and investment ties with the EU. The premier expressed the resolve during a meeting with a high-level EU trade and business delegation in the federal capital, according…
KSE-100 loses 1,085 points on worries higher borrowing costs may hit corporate profits KARACHI: The Pakistan Stock Exchange (PSX) ended Tuesday’s session on a negative note as a 100-basis-point policy rate hike weighed on investor sentiment, who were worried that the central bank’s monetary tightening would dent business activities. During the trading session, the benchmark…
Israeli military said it had targeted an individual who posed a threat to Israeli troops CAIRO/GAZA: Israeli strikes killed five Palestinians, including a 9-year-old boy, in the Gaza Strip on Tuesday, health officials said. Medics said an Israeli drone killed the child, Adel Al Najjar, in eastern Khan Younis in the south of the enclave,…
Dar received a call today from Guterres, during which they discussed the latest regional developments Deputy Prime Minister and Foreign Minister Ishaq Dar. SCREENGRAB ISLAMABAD: United Nations Secretary General Antonio Guterres and the Ambassador of Iran to Pakistan Reza Amiri Moghadam on Tuesday expressed deep appreciation for Deputy Prime Minister and Foreign Minister Ishaq Dar…
Sources said that the IMF observed the CPP levy should be seen as a punitive tool to discourage the use of gas in inefficient in-house plants. photo: file ISLAMABAD: The International Monetary Fund (IMF) has allowed Pakistan to modify the price formula used to determine the captive gas levy, which will reduce gas prices for…
. LONDON: British lawmakers voted on Tuesday against launching an inquiry into whether Prime Minister Keir Starmer misled parliament in statements about his decision to appoint Peter Mandelson as ambassador to the United States. Starmer picked Labour veteran Mandelson for the top diplomatic posting in December 2024 and then sacked him last September when his…
KARACHI: The oil tanker, sailing under the Somali flag, was transporting oil from Oman to Somalia when pirates seized it on April 21. Among the ten abducted Pakistanis, eight are from Karachi. Mehwish becomes emotional recalling the moment on April 21 when she was speaking to her husband, Yasir Khan, on the phone around 4:30pm;…