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Daily Archives: June 24, 2020

Pakistani American busines man arrested & facing federal charges for allegedly scamming the government out of $1.5 million in COVID-19 PPP grant program


June 24, 2020

Pakistani American busines man arrested & facing federal charges for allegedly scamming the government out of $1.5 million in COVID-19 PPP grant program By Raja Zahid A Khanzada Dallas: Federal Investigation Agency has arrested Fahad Shah, a local Pakistani American businessman, on charges of fraud of three million dollars in Employees Payment Protection Program offered by Small Business Administration. According …

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Huawei opens Shanghai flagship store as US pressure grows


June 24, 2020

Chinese telecom giant Huawei opened its second global flagship store in Shanghai on Wednesday, part of plans to strengthen its brand in its core Chinese consumer market as it faces headwinds overseas. Hundreds of face mask-wearing customers queued up to enter the 5,000-square-metre store — Huawei’s largest — located on the city’s busiest shopping street and directly across from a …

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Teen commits suicide after ‘missing task’ in online game


June 24, 2020

LAHORE: An online game reportedly claimed the life of a teenage boy in Hanjarwal area late on Monday. He committed suicide by hanging himself from a ceiling fan of his house when he “missed his mission” he was assigned in the world-over most-played game Player Unknown’s Battlegrounds (PUBG). The police high-ups confirmed that Mohammad Zakarya (16) took the extreme step …

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Bulls toss index over 34,000


June 24, 2020

KARACHI: Stocks extended rally into the second day underpinned by thriving global markets; upsurge in international oil prices and the local investors’ attempt to be the first to buy at attractive levels brought about by the heavy plunge in shares the previous week. The KSE-100 index took off to a flying start and without once looking back hit the intraday …

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SBP to finance two pilot housing projects


June 24, 2020

KARACHI: The State Bank of Pakistan (SBP) on Tuesday set up a Steering Committee on Housing and Construction Finance to prepare for and implement sustainable market-led financing of housing projects and mortgages in order to promote the development of housing and construction industry in the country. “Housing finance was a priority area for the central bank and the SBP will …

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Gold continues to rise


June 24, 2020

KARACHI: Local gold prices continued their upward trend on Tuesday, hitting a peak of Rs103,100 per tola and Rs88,391 per 10 gram, up Rs1,100 and Rs943 from Monday’s rates. According to All Sindh Saraf Jewellers Association, world gold price further went up by nine dollars to $1,757 per ounce from $1,746 on Monday. From January 1, 2019 till to date, …

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Australia, NZ favourites to host women’s World Cup


June 24, 2020

SYDNEY: A decade ago Australia spent millions of taxpayer dollars on a disastrous quest to host the 2022 men’s World Cup, but its football boss is quietly confident that crushing defeat will not be repeated this week. Australia and New Zealand’s joint bid to host the 2023 women’s World Cup, using the slogan “As One”, is up against Colombia, with …

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What face masks work best?


June 24, 2020

HOUSTON, Texas (KTRK) — In Harris County, a mask order is in place that requires both employees and customers over the age of 10 to wear a face covering inside of businesses. With the new requirement, ABC13 asked Dr. Stacey Rose of Baylor College of Medicine which masks should people be wearing and how should they be worn to ensure …

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Tennis star Aisam represents Pakistan on Olympic Day


June 24, 2020

ISLAMABAD: Pakistan’s tennis star Aisam-ul-Haq was nominated to represent the country through a live session at the official Instagram account of the Olympics on Tuesday. Aisam was nominated along with 23 elite athletes and Olympians from around the globe, said a press release issued here. The Pakistan Tennis Federation (PTF) said it was a matter of great pride for Federation …

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