Oil prices up 1% to near 3-week high
HOUSTON: Global crude prices rose more than 1% on Wednesday and were trading near a…
Oil prices up 1% to near 3-week high
HOUSTON: Global crude prices rose more than 1% on Wednesday and were trading near a three-week high hit during the session, as investors worried about escalating tensions in the Middle East after the United Arab Emirates decided to suspend all financial and economic transactions with Iran. Shipping through the Strait of Hormuz also remained slow,…
Verstappen commits to Red Bull until end of 2030
Four-time world champion Max Verstappen has signed a new contract at Red Bull until the end of 2030. Photo: AFP ZANDVOORT: Max Verstappen signed a contract extension with Red Bull to the end of 2030 on Thursday, ending speculation about the four-time world champion’s near-term Formula One future. The 28-year-old already had a contract to…
Golden Shoe winner Kane hopes for Ballon d’Or after ‘best season ever’
Harry Kane collected the prize after scoring the most goals in Europe’s top divisions last season. Photo: AFP MUNICH: Bayern Munich striker Harry Kane has set his sights on the Ballon d’Or after receiving his second European Golden Shoe in Munich on Wednesday. The England captain collected the prize after scoring the most goals in…
FM Dar says six Pakistani sailors return safely after Houthi attack, two bodies repatriated
He praises Pakistan’s missions in Jeddah and Riyadh for facilitating sailors’ return Deputy Prime Minister and Foreign Minister Ishaq Dar. SCREENGRAB Deputy Prime Minister and Foreign Minister Ishaq Dar said on Thursday that six Pakistani sailors injured in a recent Houthi attack on a Tanzanian-flagged commercial vessel returned safely to Pakistan, while the bodies of…
Sindh enterprises offered Rs35m grant
ISLAMABAD: The Sindh Enterprise Development Fund (SEDF) and the United Nations Industrial Development Organisation (Unido) on Wednesday formally launched the Enterprise Grant Scheme under the European Union-funded Poverty Alleviation & Inclusive Development Across Rural Sindh (PAIDAR) programme, offering co-financed grants of up to a maximum of Rs35 million per project to enterprises in five districts…
Pakistan rue missed opportunities at Headingley
Shafique top-scores with 61 as Pakistan collapse after promising partnership with Imam-ul-Haq Pakistan’s Abdullah Shafique speaks during a press conference after the first Test against England at Headingley in Leeds. Photo: PCB Pakistan endured a difficult opening day of the first Test against England at Headingley on Wednesday, being bowled out for 171 after failing…
Australia summons Israeli ambassador over Gaza aid worker death
Australian government will not stop pressing Israel for justice for Zomi and her colleagues Australia’s Foreign Minister Penny Wong reacts during a question-and-answer session following her delivery of the Allan Gyngell Lecture at the Lowy Institute in Sydney, Australia. Photo: Reuters Australia summoned Israel’s ambassador on Thursday and expressed outrage at a decision by its…
Pakistan protests US envoy’s Kashmir remarks
Islamabad summons US charge d’affaires, rejects Gor’s description of Kashmir as part of India Police officers stand guard at the main entry gate of Ministry of Foreign Affairs in Islamabad. Photo: File ISLAMABAD: Pakistan on Wednesday summoned the US Charge d’Affaires in Islamabad and lodged a strong diplomatic protest over remarks by US ambassador to…
PSX dips 1,109 points over fuel price concerns
Index faces selling pressure as govt plans talks with refineries for diesel rate cut KARACHI: Pakistan Stock Exchange (PSX) on Wednesday gave up early gains as the benchmark KSE-100 index came under selling pressure late in the session over rising oil prices and uncertainty surrounding shipping traffic through the Strait of Hormuz. The index opened…
Oil gains on Middle East supply concerns amid impasse in US-Iran war
Brent crude futures for October delivery rise 26 cents, or 0.28%, to $91.87 a barrel Oil prices climbed on Thursday on concerns the impasse in the US-Israeli war against Iran will continue to disrupt supply from the key Middle Eastern producing region and tighten global supplies. Brent crude futures for October delivery rose 26 cents,…
