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Day: December 8, 2021

Real Madrid dispatch 10-man Inter to go through top of the group

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Real Madrid vs Inter Milan

Real Madrid will go through as group winners to the Champions League last 16 after Toni Kroos and Marco Asensio each scored in a 2-0 win over Inter Milan on Tuesday. A comfortable victory at the Santiago Bernabeu, aided by Nicolo Barella’s red card in the 64th minute when Inter were one goal down, sends … Read more

Engro Polymer achieves first-ever carbon-neutral ethylene voyage

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KARACHI: The Engro Polymer and Chemicals Limited (EPCL) has achieved its first-ever carbon-neutral voyage on the ethylene-laden vessel Gaschem Dollart, a statement said on Wednesday. has achieved its first-ever carbon-neutral voyage on the ethylene-laden vessel Gaschem Dollart, a statement said on Wednesday. The company which is a subsidiary of Engro Corporation, achieved this feat in … Read more

AU calls for urgent rescinding of travel bans on African countries over Omicron

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The African Union

ADDIS ABABA: The African Union (AU) warned that travel and entry bans in connection with the emergence of the Omicron COVID-19 variant limit the free movement of people and goods, imposing immediate and significant impact on African countries. The 55-member pan African bloc, in a statement issued late Tuesday, called for the urgent rescinding of … Read more

Nestle shares flirt with record on 8.9 billion euros L’Oreal sale

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Nestle profit

ZURICH: Nestle shares neared a record high in Zurich on Wednesday after the Swiss food giant said it would raise around 8.9 billion euros ($10.2 billion) by selling part of its stake in L’Oreal. Shares in the owner of Nespresso coffee pods and Maggi broths rose as much as 1.97 per cent to what would … Read more

Pakistan stocks slightly down amid profit-taking

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KARACHI: The Pakistan bourse witnessed a profit-taking session, amid rupee depreciation, where the KSE-100 Index managed to sustain near previous levels, dealers said. An analyst at Pearl Securities said the investors’ interest was dragged down, while keeping an eye on the pressurised economic figures coupled with the continuous rupee depreciation. “Moreover, selling pressure, amid concerns … Read more

Perfect Liverpool knock Milan out of Europe

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Liverpool vs AC Milan

Liverpool made it a perfect six Champions League wins from six on Tuesday with a 2-1 victory at AC Milan which knocked one of Europe’s most storied clubs out of continental competition for another season. Fikayo Tomori had given Milan, who needed to win and a favourable result between Porto and Atletico Madrid, hope they … Read more

Goldman Sachs lowers U.S. GDP outlook over Omicron fears

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Goldman

NEW YORK: Goldman Sachs has cut its outlook for U.S. economic growth to 3.8 percent for 2022, citing risks and uncertainty around the emergence of the Omicron variant, according to a Reuters report. “Worker shortages could last longer” if people do not feel comfortable returning to work due to Omicron, Reuters reported Sunday, citing a … Read more

Ubisoft launches ‘playable’ NFTs in its video games

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Ubisoft launches 'playable' NFTs in its video games

PARIS, Dec 7, 2021 (AFP) – French video game giant Ubisoft on Tuesday launched a platform allowing players to acquire and play non-fungible tokens (NFTs) in its games, in the gaming industry’s first large-scale experiment with blockchain technology. NFTs are unique digital items that can be traded and are shaking up the worlds of culture and entertainment, … Read more

Mohamed bin Zayed, Mohamed bin Salman review bilateral ties, regional issues

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ABU DHABI: Prince Mohammed bin Salman bin Abdulaziz, Saudi Crown Prince, Deputy Prime Minister and Minister of Defence of the Kingdom of Saudi Arabia, arrived in Abu Dhabi on Tuesday for a two-day official visit to the UAE. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander … Read more

China’s cash-strapped Guangzhou name Zheng Zhi as player-coach

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Zheng Zhi

Eight-time Chinese Super League champions Guangzhou FC have appointed Zheng Zhi as player-coach, with the club fighting for its future because of a debt crisis at owners China Evergrande. The 41-year-old, a midfielder who played in the English Premier League for Charlton Athletic, takes charge of China’s most successful football team following the sacking two … Read more

That Friday feeling: UAE moves weekend to stay ahead

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DUBAI: The United Arab Emirates’ move to a Western-style Saturday-Sunday weekend is an attempt to maintain its edge over rising regional competitors, experts said. The wealthy state surprised many with Tuesday’s announcement, which will make it the only Gulf country not to observe weekends on a Friday, the Muslim day of prayer, and Saturday. The … Read more

Tedesco set to take charge at RB Leipzig – reports

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Domenico Tedesco

Domenico Tedesco is expected to succeed Jesse Marsch as the next head coach of RB Leipzig, according to German media reports Wednesday. Broadcaster Sky, top-selling daily Bild and magazine Kicker say Tedesco, 36, is on the verge of agreeing to take on the job. Marsch was sacked last Sunday, after just four months in charge, … Read more

Mercedes F1 team end controversial deal with Kingspan

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LONDON – Formula One team Mercedes announced on Wednesday they had ended their controversial sponsorship deal with a firm linked to the 2017 Grenfell Tower blaze in London, which killed 72 people. The logo of Kingspan, whose products were used in the building, appeared on Lewis Hamilton’s car at the Saudi Arabian Grand Prix on … Read more

Jacqueline Fernandez questioned again in money laundering case

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Jacqueline Fernandez questioned again in money laundering case

Bollywood actress Jacqueline Fernandez can’t seem to get away from the fallout from her alleged extortionate relationship with Sukesh Chandrasekhar.

According to Indian media reports, Jacqueline is once again called by the Enforcement Directorate for questioning on Wednesday. only a few days after being summoned at Mumbai Airport and being denied permission to leave India due to an ED Lookout Circular.

The Bhoot Police actress was photographed outside the ED office on Wednesday, after being permitted to leave the airport after questioning. According to reports, Chandrasekhar is being questioned about a “major” money laundering scheme.

The ED has summoned Fernandez six times now, with the actress attending two of the interrogations.

The ED had already issued a 7,000-page charge sheet against Chandrasekhar, alleging that Fernandez had received gifts from the conman worth INR 10 crores.

[embedpost slug=”jacqueline-fernandez-stopped-at-airport-over-200-crore-money-extortion-case/”]

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Pfizer/BioNTech says three doses ‘effective’ against Omicron

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Pfizer/BioNTech says three doses 'effective' against Omicron

FRANKFURT, Dec 8, 2021 (AFP) – The coronavirus vaccine developed jointly by BioNTech and Pfizer is “still effective” against the Omicron variant of the virus after three doses, the companies said in a statement on Wednesday. A laboratory study by its makers found the vaccine “is still effective in preventing Covid-19, also against Omicron, if it … Read more

Sialkot lynching: Corp commanders reaffirm zero tolerance for extremism, terrorism

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RAWALPINDI: Taking note of the lynching of a Sri Lankan manager in Sialkot, the Corp Commanders Conference on Wednesday “unequivocally affirmed zero tolerance for such elements” for the eradication of “extremism and terrorism” in the country. “Taking note of the heinous lynching incident in Sialkot, forum unequivocally affirmed zero tolerance for such elements so as … Read more

Kyrgyz electricity boss arrested for crypto mining amid power deficit

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Kyrgyz electricity

BISHKEK, Kyrgyzstan: An electricity chief in Kyrgyzstan was detained after he illegally connected a home crypto mining farm to the national grid, ignoring an ongoing power deficit in the Central Asian nation, security services said on Wednesday. With their cheap electricity, ex-Soviet Central Asian countries have become popular destinations for cryptocurrency miners, but the power-hungry … Read more

Meta says to ban Myanmar military-backed businesses from all platforms

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BANGKOK – Facebook parent Meta will ban all pages and accounts belonging to Myanmar military-backed businesses, it said, expanding its restraints on the country’s armed forces. Myanmar’s secretive military has extensive business interests, with tentacles in industries as diverse as beer, tobacco, transportation, textiles, tourism and banking. Activists and rights groups say they funded crackdowns and abuses even … Read more

Tourism giant TUI hopeful for next year after 2021 loss

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FRANKFURT – TUI, the world’s largest tourism operator, said Wednesday it expects to see a return to pre-pandemic booking levels in the summer of 2022, after running up a heavy loss in its last financial year. TUI, which runs its business year from October to September, said it booked net loss of 2.48 billion euros ($2.8 billion) for … Read more

Putin wants ‘constructive’ ties with Scholz, praises Merkel

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putin

MOSCOW: Russian President Vladimir Putin said on Wednesday he wanted “constructive” ties with Germany’s new leader Olaf Scholz and thanked the outgoing Chancellor Angela Merkel. “I look forward to establishing constructive dialogue with you and joint work on pressing matters on the bilateral and international agenda,” Putin said in a congratulatory telegram to Scholz, the Kremlin said. … Read more

MMBL, VRG partner to equip non-smartphone users

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KARACHI: The Mobilink Microfinance Bank Limited (MMBL) has signed an agreement with Virtual Remittance Gateway (VRG) to give access to its non-smartphone users to their bank accounts, a statement said on Wednesday. MMBL partnered with mobile financial services platform VRG to allow its non-smartphone users to use their bank accounts via unstructured supplementary service data … Read more

Qatar, Turkey extend currency swap deal

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DOHA: Qatar and Turkey have announced they agreed to extend a currency swap deal between their central banks, as Ankara’s lira has plunged in value fuelling an economic crisis. According to a joint statement on Tuesday, the two sides “welcomed the signing of the agreement on the extension and amendment of the Turkish lira-Qatari riyal … Read more

UK warns Russia Ukraine incursion would be ‘strategic’ error

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Uk

LONDON: British Foreign Secretary Liz Truss warned on Wednesday it would be “a strategic mistake” by Moscow to invade Ukraine, amid concern at a Russian troop build-up on the border. The message, delivered during a wide-ranging speech and question-and-answer session in London, follows similar warnings from Western capitals as tensions on the Ukrainian frontier. Moscow … Read more

Parliamentary delegation leaves for Turkey to attend PUIC conference

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Israel

ISLAMABAD: A 10-member parliamentary delegation led by National Assembly Deputy Speaker Qasim Khan Suri left for Turkey on Wednesday to attend the 16th Session of the Parliamentary Union of the OIC Member States (PUIC). The conference will be held from December 9-10 in Istanbul Turkey. The Pakistani delegation is visiting on the special invitation of … Read more

Faryal Mehmood steals spotlight in latest bold photo-shoot

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Faryal Mehmood

Faryal Mehmood Pakistan’s famous actress, model, and dancer, steals the show on social media with steamy photoshoot. In a daring shoot that had everyone talking, the Laal Ishq actor lit social media ablaze. Faryal Mehmood is a well-known actress and model in Pakistan’s entertainment industry. For years, the stunning diva has wowed audience with her … Read more

Russian rocket blasts off carrying Japanese billionaire to the ISS

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Rocket

BAIKONUR, Kazakhstan: Russian rocket lifted off on Wednesday carrying a Japanese billionaire to the International Space Station, marking the country’s return to space tourism after a decade-long pause that saw the rise of competition from US companies. Online fashion tycoon Yusaku Maezawa and his production assistant Yozo Hirano blasted off from the Russian-operated Baikonur cosmodrome in Kazakhstan at … Read more

Court seeks final investigation report in Nazim Jokhio murder case

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Nazim Jokhio's murder case

KARACHI: A sessions court of Malir on Wednesday directed the investigation officer (IO) in the Nazim Jokhio murder case to present the postmortem and final investigation report of the case in the next hearing. According to the interim investigation report presented by the IO Siraj Lashari the bloodstains on the baton and blanket found from … Read more

Muttahida leader questions PPP’s intentions behind new LG amendment bill

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KARACHI: Mohammad Hussain Khan, a senior member of the Muttahida Qaumi Movement-Pakistan (MQM-P), joined the then Mohajir Qaumi Movement’s student wing, the All Pakistan Mohajir Students Organization (APMSO) in 1983 in Mirpurkhas. Later on, he joined the MQM in 1984 and worked as the joint unit in charge and the joint organizer at the Sindh University … Read more

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