MADRID: Sergio Ramos scored a late penalty as Real Madrid came from behind to scrape a 3-2 win against 10-man Real Betis, their first La Liga victory of the season. Betis were ahead at half-time after two goals in two minutes from Aissa Mandi and William Carvalho overturned Fede Valverde’s opener for the reigning champions. […]
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PARIS: Roland Garros got underway in the ‘ridiculous’ chill and damp of Paris on Sunday with former world number one Victoria Azarenka walking off court, complaining that it was ‘too cold’ to play. The French Open, which was pushed back from its traditional May-June slot due to the coronavirus (Covid-19) pandemic, began in steady drizzle […]
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LONDON: Another controversial handball decision gave Newcastle United a stoppage-time equaliser by Callum Wilson from the penalty spot and a 1-1 draw at Tottenham Hotspur in the Premier League on Sunday. Spurs had led through a 25th-minute Lucas Moura goal and Newcastle had not managed a shot on target but deep into stoppage time Newcastle’s […]
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BERLIN: Borussia Dortmund crashed to a 2-0 defeat at Augsburg on Saturday as Norway striker Erling Braut Haaland failed to rescue the visitors on his return to Bavaria, where he wrote Bundesliga history in January. With defending champions Bayern Munich in action at Hoffenheim on Sunday, last season’s runners-up Dortmund blew the chance to build […]
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The stock market went into turmoil on Monday on the sudden flare-up in political temperature with the arrest of Leader of the Opposition Shehbaz Sharif after his bail was rejected in a money-laundering case. The KSE-100 Index plummeted 960 points (2.30 per cent) and closed below the 41,000 level at 40,741. The market opened slightly in the […]
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The Asian Development Bank (ADB) on Monday approved a $300 million loan to help strengthen Pakistan’s struggling finance sector. The fresh loan, according to an official of the bank, will be used to support measures to develop competitive capital markets and encourage private sector investment in the country. “The reforms proposed under this programme will […]
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Pakistan has moved towards Euro V standard fuel despite the fact that a majority of locally produced vehicles are of Euro II standard. Only Honda Atlas Cars has been rolling out Euro IV vehicles. Others, including bike assemblers, have been making Euro II vehicles on the excuse that refineries are still producing Euro II fuels. […]
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MOST emerging markets suffer from financial exclusion. Pakistan is no exception. In a country of 220 million people, we only have 10m active loan customers. Commercial banks lend to less than 2m people. This appalling situation does not end. For a customer new to the industry, they usually take one month to provide a credit […]
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The Senate human rights panel was irked on Monday during a briefing on the Lahore-Sialkot motorway gang-rape case provided by Lahore Capital City Police Officer Umar Sheikh, who once again seemed to fault the victim for the incident. The members also took exception to the “contradictory” police findings, which they observed had created “doubts and suspicions” about […]
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Prime Minister Imran Khan on Monday said the government would fully concentrate on developing tribal areas so that plans of “certain elements” who do not want stability in those areas could be thwarted. Addressing the inauguration ceremony of Nahakki Tunnel and Shaikh Zayed Road in Mohmand district, the premier said tribal areas had not been […]
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