COVID-19 therapies made from a cocktail of two types of antibodies were effective against a wide range of variants of the coronavirus in a mice and hamster study, the Washington University School of Medicine in St. Louis reported on Monday. Antibodies are used to treat cases of COVID-19, often early in the process. Former U.S. President Donald Trump was treated …

WASHINGTON: The US military could slow down its withdrawal from Afghanistan due to the gains made by the Taliban, Pentagon spokesman John Kirby said Monday. Kirby stressed that President Joe Biden´s deadline of a full withdrawal by September remains in place, but added that the pace could be adjusted based on conditions. “The situation in Afghanistan changes as the Taliban …

KARACHI: Lucky Motor Corporation Ltd (LMCL) has recalled approximately 14,000 Kia Sportage vehicles to rectify a technical fault which resulted in fire in two Sportage in the last one and a half years. Market sources said that Kia Motor Corporation has advised the LMCL about recalling the affected vehicles. They said two Kia Sportage caught fire in two separate incidents …

KARACHI: The Sui Southern Gas Company Limited (SSGCL) has stopped gas supply to CNG stations in Sindh for 176 hours starting from 12am (June 22) to 9am (June 29) owing to gas shortfall. The company had informed station owners that it was facing a shortfall of 160MMCFD due to annual turnaround of Kunnar Passahi field at Tando Allahyar, causing decline …

KARACHI: The US dollar continued to move upwards on Monday with a 62-paisa gain in the interbank market to hit Rs157.51 against the rupee. The greenback has appreciated by 3.4 per cent within one-and-half months mainly on account of high demand. Currency dealers said the dollar was getting higher price in both interbank and open markets despite very low turnover …

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday continued sanctioning supplementary and technical supplementary grants so that these could be approved by the National Assembly along with the federal budget 2021-22. While clearing about Rs3.9 billion worth of eight supplementary grants to different entities for current fiscal year, the ECC meeting, presided over by Finance Minister Shaukat …

KARACHI: Hascol Petro­leum Ltd said on Monday it could restate its financial statements in view of fresh evidence received from a whistleblower about “a series of false purchase orders” recorded in the company’s 2019 books. In a note released through the Pakistan Stock Exchange website, the oil marketing company said its board audit committee concluded last week there was “sufficient …

TOKYO: Up to 10,000 domestic spectators will be allowed in Tokyo 2020 venues, Olympics organisers said on Monday, a decision that cuts against the recommendation of medical experts who said holding the event without fans was the least risky option. The announcement ends months of speculation and highlights Japan’s determination to push on with the Games and salvage the multi-billion-dollar …

LAHORE: The national women’s selection committee on Monday announced a 26-player squad from which the national and ‘A’ teams will be selected for the limited-overs tour to West Indies. Javeria Khan will lead the national side, Rameen Shamim will captain Pakistan women’s ‘A’ in the three one-dayers and wicket-keeper Sidra Nawaz will lead the ‘A’ side in the three T20s. …