SAN FRANCISCO: The S&P 500 closed lower on Friday, dipping from a record high and weighed down by Applied Materials, while investors digested weaker-than-expected retail sales data. Applied Materials fell 5.1% after its upbeat quarterly forecast failed to impress investors. The chip equipment maker’s shares have doubled in 2026 due to strong demand related to…
France’s Leon Marchand stormed to 200m butterfly gold in 1:51.72 to claim his first European title. Photo: AFP PARIS: French four-time Olympic gold medallist Leon Marchand won the 200m butterfly final at the European championships in Paris on Saturday to claim his first continental title, while German teenager Johannes Liebmann smashed the 1,500m freestyle world…
Options include sanctions on Chinese refiners and banks, land blockade, new secondary tariffs US President Donald Trump looks on as he boards Air Force One en route to Morristown Airport in Morristown, New Jersey, at Joint Base Andrews, Maryland, US, May 22, 2026. Photo: REUTERS/file United States President Donald Trump on Friday vowed to hit Iran…
Says business leaders not merely conduct trade but also build bridges of friendship ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) hosted its International Excellence Awards 2026 in Istanbul, bringing together senior Turkish government officials, diplomats, leading Pakistani and Turkish business figures and representatives of the business community to celebrate Pakistan’s entrepreneurial excellence and…
GALLE: Rain prevented play in the morning session on the second day of the first cricket Test between Sri Lanka and India in Galle on Sunday. The heavy downpour in the coastal town denied India an opportunity to build on their good start in the country’s 600th Test. The tourists ended the opening day on…
LONDON: Sevilla scored from two second-half penalties as they came roaring back from a goal down to beat Rayo Vallecano 2-1 at home and Alaves hammered 10-man Getafe 3-0 as Spain’s LaLiga got under way on Saturday evening. In a hotly contested late kick-off, a dreadful defensive error by Arouna Sangante allowed Alvaro Garcia to…
FRANKFURT: Germany delayed this week an interim report about the implications of the lignite exit in its biggest state, fuelling market expectations that the government could choose to let some plants run longer than initially planned. What has happened? Germany agreed in 2022 with its biggest power producer RWE to phase out lignite-fired power production…
Afghanistan captain Rahmat Shah scored a superb unbeaten century. Photo: AFP LONDON: Afghanistan captain Rahmat Shah scored a superb unbeaten century and shared a record third-wicket partnership with Sediqullah Atal as the tourists beat Ireland by six wickets in the fifth and final one-day international. Saturday’s victory in Belfast saw Afghanistan complete a dominant 4-0…
Pat Cummins admitted there were “no excuses” for his side’s shock nine-wicket defeat to Bangladesh in the first Test in Darwin on Sunday. Photo: AFP Australia captain Pat Cummins admitted there were “no excuses” for his side’s shock nine-wicket defeat to Bangladesh in the first Test in Darwin on Sunday, with changes potentially on the…
ISLAMABAD: The Supreme Court has declared violence against a woman for exercising her right to khula an “attack on the Constitution”, observing that the law would deal with those who subject women seeking dissolution of marriage to violence with full force. The remarks came in a detailed four-page judgment authored by Justice MuhammadHashim Khan Kakar,…