LIVERPOOL: After a run of seven consecutive league wins, Arsenal finally buckled under the pressure applied by Manchester City. With eight games to go as they try and close in on a first Premier League trophy since 2004, Arsenal will be hoping that squandering a two-goal lead against Liverpool on Sunday does not end up costing them the title. Through …

MONACO: Novak Djokovic said he hopes to hit the ground running at Monte Carlo having begun preparations for the clay season early after the world number one was forced to skip tournaments in the United States last month. Djokovic, 35, who is unvaccinated against Covid-19, was unable to enter the country after unsuccessfully applying to the US government for special …

ISLAMABAD: Google has restricted personal loan apps from accessing contacts or photos of their users in Pakistan. In its April 2023 policy update, the platform mandated the apps in Pakistan to submit country-specific licensing documents to prove their ability to provide personal loans. Google said it was updating the “Personal Loans Policy” to stop the apps from accessing users’ contacts …

Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in US crude stockpiles. Brent crude futures rose 64 cents, or 0.8 per cent, to $84.82 a barrel at 0557 GMT, while US West Texas Intermediate futures gained 67 cents, or 0.8pc, to $80.41 a barrel. Data …

KARACHI: The Sindh High Court has ordered that the status quo be maintained with respect to the attempt by a Turkish investor to buy more than 51 per cent shares and control of Tri-Star Power Ltd, a publicly listed electricity producer. The power producer said on Monday the court order follows the suit it filed for a permanent injunction against …

KARACHI: The export-oriented businesses of Pakistan are unlikely to sustain the burden of additional billions of rupees amid the withdrawal of subsidised electricity, restricted imports, all-time high-interest rates, and the rupee’s devaluation against the US dollar. President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Irfan Iqbal Sheikh said the private sector in Pakistan is under enormous distress and …

KARACHI: The US dollar appreciated by Rs2.44 to Rs287.09 against the rupee in the interbank market on Monday. The State Bank of Pakistan (SBP) reported the dollar settled at Rs287.07 while the exchange companies quoted the closing price at Rs289.10 for the interbank market. The market remained normal with continued stress for importers to open letters of credit. However, the …

ISLAMABAD: Pakis­tan on Monday asked China to expedite the process for implementation of the first phase of $10 billion Mainline-1 (ML-1) — the 1,872km railway track along with associated facilities from Karachi to Peshawar — and $2bn Karachi Circular Railway (KCR) as agreed between the leadership of the two nations in November. Pakistan “requested strong support of National Development and …

ANKARA: Turkiye launched its first aircraft carrier on Monday, aiming to extend its drone capabilities from land-based to naval operations amid increased regional tensions as war rages in Ukraine on the other side of the Black Sea. The TCG Anadolu can handle only light aircraft, chiefly helicopters and jets that can take off from shorter runways. It is 232 metres …

ISLAMABAD: The Supreme Court office on Monday returned a PTI-instituted petition seeking ele­ctions to the Khyber Pakhtun­khwa Assembly within the stipulated period of 90 days by citing reasons that respondents in the case were not informed “properly” about reasons for filing of the petition. On April 6, PTI secretary general Asad Umar, along with the assembly’s ex-Speaker, had moved the …