Chinese telecoms giant Huawei Technologies said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to staff working to help it weather a US trade blacklisting. The world’s largest telecoms equipment provider has said it has been trying to find alternatives to US hardware after the United States all but banned it in May from …

NEW YORK: Boeing on Monday said it expects the 737 MAX airplane, which was grounded after two crashes killed 346 people, to resume flying in January, delaying its return by one month. In a statement, the group said it still hopes to receive certification next month from the Federal Aviation Administration (FAA), allowing it to resume MAX deliveries to airline …

ISLAMABAD: The Prime Minster’s adviser on finance and revenue, Dr Abdul Hafeez Sheikh, said Monday  Pakistan’s economic sector had comfortably stabilised now — something that international institutions, including the International Monetary Fund (IMF) and the World Bank, have also endorsed. “Last week, the IMF had praised Pakistan government’s efforts of introducing reforms in economic sector and said that it had …

AS supply-side stresses in the wheat market take hold, the country runs the risk of a difficult flour season for the next six months unless it reassesses the situation and takes corrective measures. Current stocks, at around 4.5 million tonnes — if strategic requirement of one million tonnes is taken out — are hardly enough to see it through for …

ISLAMABAD: The government appears to have come under increasing pressure over the issue of price hike as Prime Minister Imran Khan on Monday ordered creation of a special cell for integrated planning on demand and supply of essential commodities to control their prices. Soon after the prime minister presided over a meeting of his economic managers, his Adviser on Finance …

KARACHI: On a day when Adviser to the Prime Minister on Finance Dr Hafeez Shaikh rejected consumers’ concerns regarding ongoing food inflation as ‘lies’, greengrocers cited tomato prices in the metropolis hovering between Rs250-300 per kg on Monday. The president of the Falahi Anjuman Wholesale Vegetable Market New Sabzi Mandi, Haji Shahjehan, expressed shock over the adviser’s claim and said …

LONDON: England’s fast-bowling sensation Jofra Archer says cricket fans who resort to racist abuse should realise times have moved on and the world is a much more multicultural place. The Barbados-born bowler has quickly become a favourite with the England fans since he became eligible to play for his adopted country earlier this year. The Sussex star benefited from the …

MELBOURNE: Australia paceman James Pattinson is targeting back-to-back Tests in the upcoming series against Pakistan and New Zealand as he savours a rare run of fitness heading into the home summer. The 29-year-old’s successful return during the Ashes in England was a feel-good story for Australian cricket and a triumph of perseverance for an outstanding bowler restricted to six Tests …

PERTH: Babar Azam reinforced his standing as Pakistan’s tailsman, scoring a commanding unbeaten century at the start of the three-day pink-ball tour match against Australia ‘A’ here on Monday. Test stalwart Asad Shafiq also reached triple figures before Pakistan went to stumps at 336-3 at Perth Stadium. A strong Australia ‘A’ pace attack led by Michael Neser and Jhye Richardson …

A century stand between Asghar Afghan and Mohammad Nabi lifted Afghanistan to 249 for seven in the third one-day international against West Indies on Monday. Afghan, who made 86, put on 127 runs with Nabi, 50 not out, for the sixth wicket after Afghanistan slipped to 118-5 in Lucknow. The West Indies, who have an unassailable 2-0 lead in the …