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Daily Archives: August 9, 2020

Five Indian hockey players test positive for virus


August 9, 2020

NEW DELHI: Five Indian hockey players, including captain Manpreet Singh, have tested positive for Covid-19 at the team’s training base in Bengaluru and the number of infected players could rise, the Sports Authority of India (SAI) has said. Manpreet, Surender Kumar, Jaskaran Singh, Varun Kumar and Krishan B. Pathak had initially tested negative on their return to the training base …

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Juventus sack Sarri after CL humiliation


August 9, 2020

TURIN: Serie A club Juventus have sacked title-winning coach Maurizio Sarri after one season in charge, following the team’s elimination from the Champions League in the round of 16 on Friday, the Turin club said in a statement. The 61-year-old was dismissed despite leading Juventus to the Serie A title two weeks ago, their ninth in a row. On Friday …

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Woakes leads England to stunning win over Pakistan in first Test


August 9, 2020

Chris Woakes hit an unbeaten 84 as England came from behind to beat Pakistan in the first Test at Old Trafford on Saturday. England were struggling in pursuit of a victory target of 277 after collapsing to 117-5 on the fourth day. But Woakes, who had helped drag England back into the match with 2-11 in just five overs late …

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Three things we learned from the first Test between England and Pakistan


August 9, 2020

England’s dramatic three-wicket win over Pakistan in the first Test at Old Trafford was a brilliant advertisement for the red-ball game. Pakistan, despite not having played international cricket for several months because of the coronavirus, dominated the majority of the match and were still favourites when they reduced England to 117-5, chasing a target of 277, on Saturday’s fourth day in Manchester. …

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Trump’s crude output quandary


August 9, 2020

US President Donald Trump is in a campaign mode, asserting that the energy sector is back on its feet. Visiting Midland, a region deep in the heart of the western Texas oil patch, Trump underlined: “And now we’re back”. A euphoric Trump proclaimed, “and now we’re just going to keep expanding. … We did a great job.” Not really, says CNN. As …

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Power tariff increased under fuel adjustment charges


August 9, 2020

ISLAMABAD: The power tariff has been increased by 95 paisa per unit for the current month and Rs1.09 per unit for the next month under fuel adjustment charges. However, the new tariff will not be applicable to lifeline consumers. The National Electric Power Regulatory Authority (Nepra) has notified the changes in the approved tariff on account of variations in fuel …

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Stocks settle over 40,000 level in outgoing week


August 9, 2020

KARACHI: The gaining streak at the stock market continued for seventh week in a row with the outgoing one recording a rise of another 772 points (two per cent) and the index settling above the 40,000 level at 40,030 points. Investors were relieved by the spectacular drop in active Covid-19 cases, resulting in opening up of the economy which underpinned …

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Duration of electricity interruption much higher in Pakistan: WB


August 9, 2020

ISLAMABAD: The World Bank, in its first comprehensive stock-taking of infrastructure services in Asia, says although electricity access in Pakistan is in line with regional averages of 92.5 per cent, the average interruption duration and frequency values are much higher. This is apparent from frequent power outages due to loadshedding. Pakistan suffers from outdated facilities and a complex distribution system …

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Moody’s reaffirms Pakistan credit rating


August 9, 2020

ISLAMABAD: Moody’s on Saturday confirmed Pakistan’s B3 credit rating with a stable outlook as part of the review for downgrade, the agency said in a statement. Concurrently, the agency has also confirmed the B3 foreign currency senior unsecured ratings for The Third Pakistan International Sukuk Co Ltd, according to press statement received here which added that the associated payment obligations …

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Over 40 Syrians killed in Beirut blast


August 9, 2020

BEIRUT: More than 40 Syrians were among those killed in the massive blast that devastated the Lebanese capital this week, the Syrian embassy said on Saturday. The embassy did not specify if the Syrian fatalities were included in the 154 death toll announced by Lebanese authorities. “The confirmed number we have of Syrian martyrs so far is 43,” it said. “The embassy …

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