Home / 2018 / May

Monthly Archives: May 2018

How the World Cup will impact Russian economy?

MOSCOW: The 2018 soccer World Cup will have little lasting impact on the Russian economy, Rating agency Moody’s Investors Service said on Thursday. Russia will host the world’s biggest soccer tournament from June 14 to July 15 in 11 cities in the European part of the country, having spent billions of dollars on preparations. “We see very limited economic impact …

Read More »

US to impose steel tariffs on EU: report

President Donald Trump intends to impose steep import duties on steel and aluminum imports from Europe starting Friday, after weeks of talks failed to reach a compromise, The Wall Street Journal reported Wednesday. Trade officials from Washington and Brussels had continued discussions to find a solution, such as import quotas, that would convince Trump to extend the exemption for the …

Read More »

Indian government heads for airline auction flop

Mumbai: India”s government could be forced to rethink the auction of a majority stake in its debt-stricken airline Air India, with no bids yet received with a deadline looming Thursday. The cut-off date has already been put back by three weeks because of the lack of interest and Civil Aviation Secretary R.N. Choubey said late Wednesday there had been no …

Read More »

LNG imports a major success: PM

ISLAMABAD: After talking at length on his government’s performance in restoring economic growth and “eliminating loadshedding”, Prime Minister Shahid Khaqan Abbasi now turned his attention towards the oil and gas sector, touting increased consumption of primary fuels as a sign of economic health and growing industrial activity. In 2013, he said, the total primary energy supplies of the country were …

Read More »

Rising Pakistan aim series whitewash

LEEDS: Pakistan had come to the United Kingdom to learn and progress as a new Test combination and had aimed to learn even if they lose against a formidable and experienced England team. On Friday they will start as favorites to clean sweep England in a short two-match series and jump from seventh in the Test ranking to fifth following …

Read More »

Mohamed Salah will be fit to play in World Cup, says Egyptian FA

Mohamed Salah could still play a role for Egypt at the World Cup after the Egyptian Football Association announced Wednesday that the injured Liverpool striker would be out for “not more” than three weeks. “The football federation reiterates that Salah will be at the World Cup, God willing, and will be out for no longer than three weeks,” the federation …

Read More »

Serena keeps ‘Black Panther’ catsuit despite questions

Serena Williams will continue to wear her striking, all-black catsuit in her French Open second round clash on Thursday despite questions raised over whether or not it breaks the rules over appropriate on-court playing gear. The 36-year-old American dominated the headlines at Roland Garros on Tuesday when she made her return to Grand Slam tennis after giving birth to her …

Read More »

Zidane quits as Real Madrid coach days after Champions League win

Zinedine Zidane quit as Real Madrid coach on Thursday, less than a week after leading the team to its third straight Champions League title, saying the club needed a change in command. The 45-year-old Zidane, who was coach for two and half seasons, said he felt it was the right moment for him and for the team to make the move. …

Read More »

Number of electric vehicles on roads reaches three million: IEA

LONDON: The number of electric vehicles on roads worldwide rose to a record high of 3.1 million in 2017, but more research, policies and incentives are needed to drive further uptake, the International Energy Agency (IEA) said. The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57 percent compared with …

Read More »