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Russia warships and sub fire cruise missiles at Syria

MOSCOW: Two Russian warships and a submarine in the Mediterranean have fired missiles at Islamic State group targets in Syria, the defence ministry said Friday. It said that Turkish and Israeli military “were informed in a timely manner of the missile launches through communication channels,” but it did not mention ...

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Rehman Malik to appear before JIT today

ISLAMABAD: Former interior minister and senior member of the Pakistan People’s Party (PPP), Senator Rehman Malik will appear before the Panama case Joint Investigation Team (JIT) today (Friday) for further probe into the trail of Sharif family’s off-shores financial assets. According to the notice issued, he has been summoned to ...

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Schedule of Eid special trains commence today

Pakistan Railways’ issued schedule of five Eid special trains has commenced on Friday (today), with the first train leaving from Karachi to Peshawar and second one will depart from Quetta for Rawalpindi today. The special train from Karachi has left for Peshawar with approx 1100 passengers on board on Friday ...

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Windies batting great wants to see int’l cricket in Pakistan

Legendary West Indies batsman Sir Vivian Richards reckons international cricket should return to Pakistan, underlining crowd and players are starved to watch the game being played in their own country. The batting great, who recently visited Pakistan, said “We came here for the PSL final [staged in Lahore in March ...

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FDI: getting better | Business Recorder

It’s nowhere close to the high seen in 2007-08, but the net FDI tally may finally be turning a corner after struggling throughout this decade (see illustration). Latest figures by the State Bank of Pakistan put net FDI at $2.028 billion in the eleven months ended May 2017. That’s a ...

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Boeing wins Paris order race after launching new model

PARIS: Boeing won a race for new business at the Paris Airshow, rolling out a new model of its best-selling 737 airliner that helped it claim back the order crown from rival Airbus After a show in which both manufacturers did brisk business under a sweltering sun, the European planemaker ...

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South Africa’s rand firmer after court ruling, stocks dip

JOHANNESBURG: South Africa’s rand rallied on Thursday as investors cheered a constitutional court ruling that parliament could hold a secret ballot in a no-confidence vote against President Jacob Zuma, who has said such a vote would be unfair. Meanwhile, shares dipped. By 1600 GMT the rand gained 0.7 percent to ...

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Paris wheat extends pullback as heatwave set to ease

PARIS: European wheat futures were lower on Thursday, extending a pullback from a near one-year high , as traders awaited indications on the impact of a heatwave coming to an end in France to see if it would alter a well-supplied global market. European prices were also tracking a pullback ...

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