New Zealand beat Pakistan by 101 runs in the first cricket Test which ended very late on the fifth day on Wednesday, achieving their third straight win in three home Tests this summer and taking a 1-0 lead in the two-Test series. At the same time New Zealand overtook Australia to claim the No 1 world ranking in Tests for …

KARACHI: The stock market lost its bullish fervour on Tuesday where by the end of the day, the KSE-100 index had sunk by 392 points or 0.90 per cent to ­settle at 43,283. The KSE-100 index opened in the positive extending the earlier day’s gains. It rose to intra-day high by 238 points, but by mid-day the index succumbed to …

LONDON: Global shares rose for the fourth straight day on Tuesday and oil followed suit as hopes of fresh US stimulus teed up a strong end to the year for riskier assets and had the dollar eyeing two-and-a-half-year lows. The MSCI World Index was up 0.4 per cent at 1203 GMT, while US stock futures pointed to a similar move …

LONDON: Wind power accounted for more than half of Britain’s daily generated electricity on Saturday in the wake of Storm Bella, according to energy giant Drax. The percentage of wind power in the country’s energy mix hit a record 50.67 per cent on Saturday, the company said over the weekend, beating the previous record of 50 per cent in August. …

KARACHI: As economies around the world emerge from the Covid lockdowns, a new challenge has tripped up supply chains everywhere. A dire shortage of shipping containers in some countries matched by an oversupply in others has created awkward bottlenecks all over the globe, with Pakistan hit particularly hard. “There is a material shortage of containers, and it will take us …

ISLAMABAD: The Cabi­net on Tuesday appointed Muhammad Javed Ghani as a regular chairperson of the Federal Board of Revenue (FBR) after a gap of around five months. The position fell vacant in the first week of July when the then FBR chairperson Nausheen Amjad was transferred and posted as federal secretary. Since then, Ghani was given the additional charge of …

ISLAMABAD: Special Assistant to the Prime Minister on Petroleum Nadeem Babar has said the Sindh government is trying to give political colour to a serious economic issue by presenting distorted and misleading figures about the production and supply of gas in the province. Addressing a news conference along with Minister for Information and Broadcasting Senator Shibli Faraz after the federal …

Chrissy Teigen has always had a tricky relationship with alcohol. The Cravings author on Tuesday announced she has been sober for a month. The announcement came after Teigen posted a video of herself looking happy while dancing. A fan commented, “I need whatever drugs you’re on!!” The mom of two responded, “4 weeks sober,” with hearts and praying hands emojis. Fans came …

Gwen Stefani’s upcoming wedding to Blake Shelton will be an unforgettable event for the  people  as her three children will play a large role in the ceremony. Though wedding plans may still be decided amid ongoing Covid-19 crisis, , but one thing is for certain about  that the singer’s three sons – Kingston, 14, Zuma, 12, and Apollo, six – …

Billie Eilish has come forth reacting to the loss of over 100,000 followers on Instagram. The Bad Guy singer is however undeterred by the drop in the number of her followers, after she posted a picture of a woman’s body resembling a snake. Owing to this, Billie  actually lost about 100,000 followers—from 73 million to 72.9 million—following the Instagram Story. …