Italy beat Spain 4-2 on penalties after a 1-1 draw in a magnificent Euro 2020 semi-final at Wembley on Tuesday, as Jorginho converted the decisive kick to take the Azzurri through to the final where they will face either England or Denmark. Italy were not always on top though, with Spain the better side for long spells of an epic …

KARACHI: Auto assemblers have been dragging their feet in passing on the price cut benefit to the consumers after the government’s decision of slashing federal excise duty (FED), general sales tax (GST) and additional customs duty (ACD) on import of parts and accessories from July 1. Six days have gone and the assemblers and even their dealers are not ready …

TOKYO: The pandemic-delayed Tokyo Olympics are shaping up as a TV-only event with few spectators if any being allowed when they open in just over two weeks. Japan’s AsahiShimbun newspaper, citing multiple unidentified government sources, said on Tuesday the opening ceremony at the 68,000-seat National Stadium is likely to be limited to only VIP guests, another downgrade for the Games that have …

LAHORE: Pakistan on Tuesday raised additional debt of $1 billion through a tap issue of its recently issued three-tranche dollar denominated Eurobond that had fetched $2.5bn in March. The bond was subscribed in excess of $3bn for five, 10 and 30 years. Pakistan accepted $300m for five-year note at 5.875pc, $400m for 10-year bond at 7.125pc and $300m for 30-year …

LONDON: When Angelique Kerber grabbed the opening set of her Wimbledon quarterfinal, the full-capacity crowd saluted the accomplishment with cheers that bounced off the closed roof at Court Number One. Kerber’s reaction? Just a matter-of-fact, straight-faced stroll to the sideline. No shouts or leaps or fist pumps. Unlike the other women headed to the semi-finals at the All England Club, …

LONDON: England are shouldering rising expectations. Denmark are powered by resilience and recovery. And emotions will be high at Wembley Stadium before their Euro 2020 semi-final even kicks off on Wednesday when there will be a moment to remember the tournament’s most harrowing incident and the player who won’t be playing for Denmark. The England squad have signed a No. …

Pakistan middle-order batsman Umar Akmal has tendered a public apology for failing to report corrupt approaches made to him, over which he had to serve a 12-month ban. In a video message released by the Pakistan Cricket Board (PCB) on Wednesday, Akmal, 31, said he had made a “mistake” last year that harmed both his career and cricket. “Some people …

KARACHI: The State Bank of Pakistan (SBP) has decided to impose penalty on banks if they fail to meet the mandatory targets for the number of houses and disbursement, said a circular issued on Tuesday. “It has been decided that penalty will be imposed on banks falling short of their Government’s Mark-up Subsidy Scheme (G-MSS) targets with effect from July …

A senior employee of Meghan Markle and Prince Harry, Catherine St-Laurent was all praises for the couple, despite the bullying allegations placed on the former actor by her ex-staffers. In a column penned for The Cut’s How I Get It Done, St-Laurent, who worked as the chief of staff for the Duke and Duchess of Sussex before and is now their senior …