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Asif Khanzada

Huawei pushes 5G in SEAsia, brushing off ‘tech war’ with US


November 3, 2019

Chinese phone giant Huawei said on Sunday it was ready to roll out 5G infrastructure across Southeast Asia, dismissing the United States’ warnings its tech could be used to hoover up data for Beijing. The firm has emerged as a key protagonist in the wider US-China trade war that has seen tit-for-tat tariffs imposed on hundreds of billions of dollars …

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Saudi Aramco announces plans for giant stock market debut


November 3, 2019

Aramco said on Sunday it will list on the Riyadh stock exchange in what could be the world’s largest initial public offering (IPO), underpinning Saudi Crown Prince Mohammed bin Salman’s ambitions to overhaul the kingdom’s oil-reliant economy. After years of delays, Aramco finally fired the starting gun on the stock market debut, saying it was a “significant milestone” in the history …

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Uptick in cement sales


November 3, 2019

KARACHI: Local cement despatches during the July-October period of this fiscal year rose by 2.3 per cent to 13.312 million tonnes while exports grew by 16.48pc to 2.8m tonnes as compared to same period last year. As a result, total cement despatches — local and exports — stood at 16.117m tonnes, up by 4.53pc compared to same period last fiscal …

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Pakistan earns over $61.850 million from export of transport services


November 3, 2019

ISLAMABAD: Pakistan earned $61.850 million by providing different transport services in various countries during the first two months of current financial year (2019-20) as compared to the corresponding period of last year. This shows an increase of 24.60 percent as compared to $49.003 million earned through provision of services during the corresponding period of fiscal year (2018-19), Pakistan Bureau of …

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At least 13 dead in car bomb in Syrian border town


November 3, 2019

TAL ABYAD: A car bomb killed at least 13 people in a Turkish-held border town in northeast Syria Saturday, as thousands of Kurds in the wider region protested against “Turkish occupation”. The bombing ripped through Tal Abyad, one of several once Kurdish-controlled towns seized by Turkey last month in a deadly cross-border offensive. The blast came despite a truce last week …

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Britain calls halt on fracking following government U-turn


November 3, 2019

The British government called a halt Saturday to the controversial process of “fracking” due to fears it could trigger earthquakes in a surprise U-turn just weeks before a general election. Until now, Britain had hoped that fracking — banned in many countries, but booming in the United States — could help secure its future energy independence. But with just a …

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Macron comments on ´clandestine´ workers provoke anger in Bulgaria


November 3, 2019

SOFIA: Bulgaria on Saturday said it would summon France´s ambassador to Sofia on Monday over “insulting” comments about immigration by French President Emmanuel Macron sparked outrage. Ambassador Florence Robine would be asked for an explanation of the remarks in which Macron spoke of “clandestine networks of Bulgarians and Ukrainians”, Ivan Dimov, an advisor to Foreign Minister Ekaterina Zaharieva, said. Zaharieva …

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Trump brushes off report of smugglers cutting through border wall


November 3, 2019

WASHINGTON: US President Donald Trump on Saturday brushed off a report of smugglers cutting through his signature wall on the Mexican border, saying it can be “easily fixed.” “We have a very powerful wall. But no matter how powerful, you can cut through anything, in all fairness,” Trump told reporters in Washington prior to his departure for New York. “Cutting …

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