Archive for August 2018

State Bank to conduct audit of PCB, PSL: sources

Monitoring Desk KARACHI: The State Bank of Pakistan (SBP) is expected to carry out an audit of the Pakistan Cricket Board (PCB) and all three editions of the Pakistan Super League (PSL), a well-informed source told the media on Thursday. The development is likely to take place after the arrival of the new chairman. According…

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Pakistan out of the Asian Games hockey final as Japan wins 1-0

Monitoring Desk JAKARTA: Japan beat Pakistan in Asian Games hockey with 1-0 on Thursday, disqualifying the country from reaching the finals. In the first semi-final, Malaysia managed to defeat India after a penalty shootout. Pakistan and India will be competing for the bronze medal. Pakistan’s performance in the Asian Games 2018 has been swept a…

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Serena, Venus ready to vie for 30th time

NEW YORK (Agencies): Serena and Venus Williams set up a 30th career meeting on Wednesday as the US Open reeled from a sexism row sparked when a player changed her shirt on court. Six-time champion Serena eased into Friday’s third round encounter against her sister with a 6-2, 6-2 win over German world number 101…

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One martyred as Navy helicopter crashes in Arabian Sea

F.P. Report KARACHI: Pakistan Navy personnel was martyred on Friday after a helicopter crashed in the Arabian Sea. Spokesperson told media that the helicopter was on routine operation when it crashed in the Arabian Sea in a result one crew member was martyred in the incident. Last month, a Pakistan Air Force (PAF) helicopter crash-landed…

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Aishwarya picks ‘Gulab Jamun’ over Bhansali’s film

Monitoring Desk MUMBAI: Each time Aishwarya Rai Bachchan and Sanjay Leela Bhansali come together for a project, they create magic on the big screen. Films like Hum Dil De Chuke Sanam, Devdas and Guzaarish are proof of the same. Not too long ago, speculations were rife that Ash would be collaborating with SLB for his…

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Daughter Nysa convinced Kajol to join social media

Monitoring Desk MUMBAI: Kajol is one of those stars who like to keep her personal life away from public and media.  She did join the social media bandwagon recently but if you think she is one of those stars who likes to put everything out there and you can know everything about her personal life…

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Oil prices fall on concerns China-U.S. trade conflict

SINGAPORE (Agencies): Oil prices dipped on Friday amid concerns the trade war between the United States and China could intensify, although looming U.S. sanctions against Iran’s oil exports prevented markets from falling further. International Brent crude oil futures were at $77.70 per barrel at 0232 GMT, down 7 cents from their last close. U.S. West…

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Coca-Cola to buy Britain’s Costa for $ 5.1 billion

LONDON (Agencies): Coca-Cola Co has agreed to buy the world’s second largest coffee chain Costa from Britain’s Whitbread Plc for an enterprise value of 3.9 billion pounds ($5.1 billion), opening a new front in its push away from traditional sodas. Whitbread said in a statement on Friday that the deal, which will give Coke almost…

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Dollar edges up amid US-China trade tensions

TOKYO (Agencies): The dollar edged up against its peers on Friday, finding support as the latest episode of U.S.-China trade tensions dulled investor risk appetite, with weakness in emerging market currencies also helping lift the greenback. The dollar index against a basket of six major currencies was a shade higher at 94.748. The index had…

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Two sentenced to death in PTI’s Zahid Shahid murder case

F.P. Report KARACHI: A local anti-terrorism court on Friday awarded death sentence to two suspects for the murder of Pakistan Tehreek-e-Insaf (PTI) leader Zahra Shahid. The ATC, announcing its verdict in the case, awarded death sentences to two suspects identified as Rashid alias ‘Tailor’ and Zahid Abbas Zaidi for murdering the PTI leader. Two other…

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