The Washington Post came under fire Monday for its decision to suspend a reporter a day after she tweeted about the rape case against Kobe Bryant, only hours after the former basketball star and his daughter died with seven others in a helicopter crash. On Sunday afternoon, as the world was learning the news and initial […]
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Switzerland’s Roger Federer was not going to go gently, of course, no matter how daunting the number of match points — his opponent accumulated seven — no matter how achy his 38-year-old legs, no matter how slow his serves, no matter how off-target his groundstrokes. Federer still plays for the love of these stages and […]
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England fast bowler Stuart Broad has been fined 15 percent of his match fee for “use of an audible obscenity” during the fourth Test against South Africa. Broad was cited by the match officials after Monday’s incident in Johannesburg, when he approached South Africa captain Faf du Plessis and used “inappropriate language”. He was found […]
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LONDON: Global stocks and oil plunged on Monday as panicked investors fled risky assets for safer bets gold, bonds, the dollar and the yen, after China warned that a deadly new coronavirus was spreading fast. On equity markets luxury goods makers and airlines suffered particularly as Chinese tourist spending is a key factor for them. […]
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ISLAMABAD: The power distribution companies (Discos) of Wapda have started filing fresh petitions for increase in tariff under the newly introduced two-part tariff mechanism to pass on full electricity costs to consumers in a timely manner. Under the amended Nepra act (Regulation of Generation, Transmission and Distribution of Electric Power Act), the power companies are […]
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KARACHI: Careem, the Dubai-headquartered ride-hailing company, has reportedly laid off around 150 employees just weeks after its $3.1 billion acquisition by Uber was officially closed. The news was first reported by MENAbytes and has been confirmed with sources inside the company. An email sent out by Careem CEO Mudassir Sheikha to his employees last week, available with Dawn, says the […]
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KARACHI: Pakistan needs at least $234.5 billion investment by 2030 to deliver on three sustainable development goals (SDGs) — power, digital access, transport and clean water and sanitation. The findings were released by Standard Chartered bank in a report titled “Opportunity 2030: The Standard Chartered SDG Investment Map” to help companies, institutional investors, and other stakeholders ascertain […]
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The State Bank of Pakistan (SBP) held its main policy rate at 13.25 per cent on Tuesday as it juggled competing goals of adding stimulus to the economy and taming inflation. The central bank has held rates at 13.25pc since July, when it took a pause from a series of hikes at a level some businesses […]
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A Peshawar court on Tuesday ordered Pashtun Tahaffuz Movement (PTM) chief Manzoor Pashteen’s transfer to a Dera Ismail Khan jail, a day after he was arrested and sent to Peshawar Central Jail on a 14-day judicial remand. District and sessions judge Muhammad Younis accepted the DI Khan police’s request for permission to shift the PTM […]
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The Supreme Court on Tuesday ordered Federal Minister for Railways Sheikh Rashid to submit in court a business plan to uplift Pakistan Railways from its current condition, giving the minister two weeks time to do so. While hearing a case pertaining to losses incurred by the national organisation, a three-member bench comprising Chief Justice of […]
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