Economy

New Jersey cow, Karlie, sells for record $170,000

SYRACUSE: A central New York couple's Jersey show cow has been sold at an auction for a record-breaking $170,000. Karlie the dairy cow was bought by Arethusa Farm of Bantam, Conn., during an auction held Monday in Onondaga Hill, just outside Syracuse...

Afghan man sells new-born twin babies due to poverty in Baghlan

According to local authorities in northern Baghlan province of Afghanistan, a local resident in this province has sold his two new-born baby girls against 20,000 to 30,000 Afghanis. Provincial hospital Chief Dr. Khalil Musadiq said the mother of th...

Commerce Minister Calls for Pakistan to Fairly Implement Transit Pact

Afghanistan will choose Iran for its trade transit purposes if Pakistan does not change its economic practices towards Afghanistan, the Minister of Commerce and Industries warned in a TOLOnews debate, broadcast Tuesday. In the televised Af-Pak deba...

Frontier Corps seizes cache of drugs

QUETTA: Frontier Corps seized drugs during a search operation in Nukundi here on Friday. FC team carried out search operation at an abandoned house Washab Kili and recovered drugs, FC spokesman said. The drugs seized included 70 kilograms of opium an...

Drugs seized in Nukundi

QUETTA: Frontier Corps seized drugs during a search operation in Nukundi here on Friday.FC team carried out search at an abandoned house Washab Kili andrecovered drugs, FC spokesman said. It included 70 kg of opium, 20 kg of morphine powder. Further ...

Euro firms in Asia

TOKYO: The euro firmed in Asian trade Friday after Cyprus banks re-opened following a nearly two-week lockdown, while upbeat German data lent support to the embattled unit. Cypriots stayed calm on Thursday as the banks opened their doors again, with ...

Google tests same-day delivery shopping service

SAN FRANCISCO: Google on Thursday began testing a service for same-day delivery of toys, clothing, groceries or other items ordered online in what could be a challenge to online retail titan Amazon. People living in San Francisco or a swath of Silico...

Pakistan achieves export target of 0.2m tons kinno

KARACHI: Pakistan has already achieved the current financial year’s export target of 0.2 million tons of kinno, while the export still continues, media reported on Friday. Russia emerged the biggest buyer, where 40 percent of Pakistan kinno was expor...

Pakistani capital market extends gains

KARACHI: The telecom sector landed Karachi Stock Exchange in the green zone on the rollover day with a gain of 0.53 percent, media reported. The benchmark KSE-100 Index stood stronger by 95.55 points to close at at 18,043.31 points on Friday. Oil and...

OGRA sends summary for POL price decrease

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has sent the summary seeking a decrease in the price of petroleum products to the Petroleum Ministry. If the summary is approved the price of petroleum products will be decreased on April 1. The ...

NAB Punjab serves final notice to power bill defaulters

ISLAMABAD: The National Accountability Bureau (NAB)Punjab has issued final notices to defaulters of electricity bills of billions of rupees, media reported Friday. According to reports, the NAB has set April 4 as deadline for payments of the bill aft...

UN arms trade treaty fails to get approval

UNITED NATIONS: In a major setback to the international community, Iran, North Korea and Syria blocked adoption of a UN treaty that aimed to regulate the $70 billion global arms trade for the first time. Reports on Friday said that the three countrie...

Obese airline passengers should pay extra, economist says

Airlines should charge obese passengers more, a Norwegian economist has suggested, arguing that "pay as you weigh" pricing would bring health, financial and environmental dividends. Bharat Bhatta, an associate professor at Sogn og Fjordane University...

Solar-powered plane prepares for coast-to-coast US flight

MOUNTAIN VIEW: A groundbreaking solar-powered Swiss aircraft is ready to make a coast-to-coast flight across the United States, its creators said Thursday. The experimental Solar Impulse plane, which has made several trips since its maiden flight in ...

Sindh CNG to be switched off for 24 hrs

KARACHI: The consumers of Compressed Natural Gas (CNG) across the province of Sindh will have to rely on alternate fuel, as CNG filling stations will be shut down at 8:00 AM Friday for 24 hours. According to a statement of Sui Southern Gas Company (S...

Pakistan stocks soar on aviation stocks; telcos help

KARACHI: Karachi Stock Exchange (KSE) made modest gains amid thin trade with trade here on Thursday, media reported. The benchmark KSE-100 Index accumulated 0.28 percent, or 49.86 points, to close higher at 17,947.76 points before the closing bell ra...

Contracts for Rs5bn uplift work in ex-PM Ashraf's area annulled

ISLAMABAD: Islamabad High Court (IHC) Thursday declared null & void contracts awarded for development schemes worth Rs5 billion in former prime minister, Raja Pervez Ashraf’s constituency, media reported. According to sources the court scrapped the d...

Asian markets rise as Dow sets new record

HONG KONG: Asian markets rose on Wednesday, boosted by another record high for the Dow on Wall Street while concerns over the Cyprus bailout receded. The euro also edged higher, although dealers remain uneasy about the outlook for the wider eurozone ...

Euro under pressure in Asia

TOKYO: The euro came under further selling pressure in Asia Thursday owing to concerns about Cyprus as it prepares to reopen its banks after the weekend bailout, while political uncertainty in Italy also weighed. After dropping below $1.28 for the fi...

Oil mixed in Asian trade

SINGAPORE: Oil was mixed in Asia on Wednesday as traders took a breather after strong economic data from the United States pushed prices to a five-week high, analysts said. New York's main contract, light sweet crude for delivery in May, dropped 12 c...

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