Cristiano Ronaldo during the Champions League Phase Draw 2024 at Grimaldi Forum, Monaco on August 29, 2024. — Reuters LISBON: Portuguese football legend Cristiano Ronaldo has finally lifted the lid on his retirement plans for both club and the country. Addressing a press conference ahead of Thursday’s Nations League clash with Croatia in Lisbon, the … Read more
ISLAMABAD: Minister for Board of Investment, Privatisation and Communications Abdul Aleem Khan on Saturday got assurance from Chinese group Hexing Electrical that it would make heavy investment by establishing a new industrial unit, especially in the renewable energy sector. Hexing Electrical Chairman Liangzhang Zhou, along with a delegation, met the minister for investment and informed … Read more
KARACHI: Hub Power Company (Hubco) has announced that it will further diversify its business portfolio by entering into the mineral mining sector to ramp up earnings as its core business of electricity production from expensive oil continued to stand low on the government’s economic merit order amid power pricing crisis in the country. Along with … Read more
ISLAMABAD: Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh has announced that the government plans to privatize or shut down state-owned enterprises (SOEs) and non-strategic ministries as part of its ongoing austerity efforts. Speaking to a private news channel, the minister emphasized that these steps aim to reduce the financial burden on the government and … Read more
The federal government is planning to close utility stores across the country, a move that will seriously impact millions of low-income families who have depended on these stores for discounted essential goods. According to a news report, this decision follows the government’s halt of a Rs50 billion subsidy, which had provided crucial relief to approximately … Read more
1724402602-0/Untitled-design-(2)1724402602-0.jpg "Millions at risk as govt plans closure of utility stores nationwide D_Trends")
PAKISTAN: The federal government is moving towards closing utility stores nationwide, a move expected to severely impact millions of low-income families who have long relied on discounted essential goods. This follows the government’s decision to halt a Rs50 billion subsidy, which previously offered significant relief to around 26 million deserving households. During a recent Senate … Read more
Police contain a small group of anti-immigration protesters as counter-protesters hold a rally in Dover, Britain, August 17, 2024. — Reuters The United Kingdom’s government on Monday activated emergency measures to ease overcrowding in prisons in northern England, as growing numbers of people are convicted for involvement in the riots seen earlier this month. The … Read more
KARACHI: Chinese electric vehicle giant BYD on Saturday announced plans to open a car production plant in Pakistan, where it will also start selling three models through a partnership with Mega Motors. BYD is the first major new electric vehicle (NEV) entrant in the Pakistani market, where there is a lack of charging infrastructure. “Our … Read more
US Vice President and Democratic presidential candidate Kamala Harris speaks at the Hendrick Center for Automotive Excellence on the Scott Northern Wake Campus of Wake Tech Community College in Raleigh, North Carolina, on August 16, 2024. —AFP Kamala Harris unveiled an economic blueprint Friday heavy on popular measures to cut costs for Americans, while attacking … Read more
TEL AVIV: Israel has published plans for one of its proposed new settlements in the occupied West Bank, finance minister Bezalel Smotrich said on Wednesday, upping the ante a day before planned new Gaza peace talks seen as vital to preventing a regional war. The far-right minister said the move was a response to actions … Read more