KARACHI: Pakistan exported 95,991 tonnes (worth $333 million) meat and meat preparations in FY21 — an all-time high figures — against 83,749 tonnes ($304m) a year ago. However, the average per tonne price (APT) remained low at $3,473 as compared to $3,631 in FY20. The new fiscal started with a twist as the APT price soared to $4,234 in July-August …

ISLAMABAD: Samsung Elec­tronics — a South Korean technology giant — is in the process of establishing its TV lineup plant in collaboration with a local partner R&R Industries Pvt Ltd with the goal of producing 50,000 television units per annum. “I have been informed that Samsung will soon start production of televisions,” Commerce Adviser Razak Dawood said on Wednesday. This …

ISLAMABAD: Finance Minister Shaukat Tarin and Group CEO Etisalat Inter­national Hatem Dowidar on Wednesday agreed for the resolution of all outstanding issues between the telecommunication company and the Privatisation Commi­ssion. The agreement was reached during the finance minister’s virtual meeting with the Group CEO, a news release issued by the Ministry of Finance said. Mr Tarin underscored the significance of …

LOS ARIDANE: A vast wall of molten lava creeping down the slopes of Spain’s La Palma island has now destroyed 320 buildings, as distraught residents watched the flow inching towards the sea on Wednesday. The Cumbre Vieja volcano erupted on Sunday in the south of La Palma, one of seven islands that make up the Canary Islands archipelago off the …

SYDNEY: Police in Australia’s second largest city of Melbourne arrested more than 200 people after projectiles thrown by protesters injured two officers on Wednesday, the third consecutive day of demonstrations against Covid-19 restrictions. Golf balls, batteries and bottles were among the items thrown at police during the protests held in defiance of stay-at home orders after a two-week closure of …

GENEVA: The World Health Organisation strengthened its air quality guidelines on Wednesday, saying air pollution was now one of the biggest environmental threats to human health, causing seven million premature deaths a year. Urgent action is needed to reduce exposure to air pollution, said the UN body, ranking its burden of disease on a par with smoking and unhealthy eating. …

SHANGHAI: China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said. Chinese President Xi Jinping said in a pre-recorded address at the United Nations General Assembly on Tuesday that China would help developing countries build green energy production and halt construction of coal power plants abroad. China …

TEHRAN: Despite sharp posturing at the UN General Assembly, Washington and Tehran are expected to reach a compromise to resume talks on resurrecting the Iran nuclear deal, analysts say. “The Vienna talks will surely restart and materialise because both sides have come to the conclusion that the current path cannot be continued,” Mehdi Rahmanian, editor of the reformist newspaper Shargh, said. …

NEW YORK: Former US president Donald Trump on Tuesday filed a $100 million lawsuit against his estranged niece Mary Trump and The New York Times, alleging they engaged in “an insidious plot” to obtain his tax returns for the paper’s Pulitzer Prize-winning investigation of his finances. The lawsuit, filed in Dutchess County, New York state, says that New York Times reporters Susanne Craig, …

PARIS: US President Joe Biden and French counterpart Emmanuel Macron spoke for the first time on Wednesday since a fierce row erupted over the sale of submarines to Australia, with both leaders agreeing to ease tensions. Macron was left furious by Australia’s decision last week to ditch a 2016 deal to buy diesel submarines from France in favour of nuclear-powered …