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Daily Archives: July 25, 2021

Tottenham hire Gollini on loan from Atalanta


July 25, 2021

LONDON: Tottenham Hotspur signed goalkeeper Pierluigi Gollini from Italian club Atalanta on a season-long loan with an option to make the move permanent, the Premier League team said on Saturday. The 26-year-old Gollini will be expected to challenge stalwart Hugo Lloris. The 34-year-old Frenchman has been with Tottenham since the 2012-13 season but his contract expires next June. “I’m here …

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32 U-19 players called up for Junior World Cup training camp


July 25, 2021

LAHORE: A total of 32 under-19 players from across the country will take part in an eight-week long training camp that begins at the Hanif Mohammad High Performance Centre at the National Stadium, Karachi from Aug 9. The camp is being organised as part of the national team’s participation in the next year’s Junior World Cup, to be held in …

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China claim early golds, Carapaz upstages Pogacar in road race


July 25, 2021

TOKYO: China claimed three gold medals on the first day of competition at the Tokyo Olympics on Saturday and cyclist Richard Carapaz became just the second competitor in Ecuador’s history to top the podium, with victory in the road race. As the troubled build-up to the pandemic-postponed Games gave way to the first full day of competition, China secured victories …

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Farhan, Irfan win ranking tennis titles


July 25, 2021

KARACHI: Farhan Altaf of Karachi Club emerged victorious in Men’s Singles final of the Gatorade Trophy ranking tennis which concluded at the Union Club recently. Farhan beat talented Muhammad Ali of Malir Garrison in a well fought match by 6-3, 7-5. In the wheelchair tennis final, Muhammad Irfan beat Muhammad Ayub by 6-3. Shakir Ali of Pepsi Pakistan, Altaf Hussain …

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Pakistan shooter Gulfam, badminton star Mahoor lose opening ties


July 25, 2021

LAHORE: Pakistan’s campaign at the Tokyo Olympics was off to an ordinary start on Saturday as shooter Gulfam Joseph failed to qualify in the 10M Air Pistol competition while invitational place entrant Mahoor Shahzad was beaten by world number four Yamaguchi Akane of Japan in her opening match of the badminton event. Gulfam finished ninth in 10M Air Pistol Olympic …

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Efforts on to retain IMF programme


July 25, 2021

ISLAMABAD: The government has asked its economic team to step up efforts to manage economy in next three months for retaining the International Monetary Fund programme as the IMF board has scheduled its meeting in September. The board meeting will take place weeks before the expiry of the constitutional tenure of Shaukat Tarin as federal finance minister as he had …

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Railways freight revenue potential highlighted


July 25, 2021

LAHORE: Former chief executive officer (CEO) of Pakistan Railways Ijaz Ahmad Buriro has shared his recommendations with the top authorities to overcome major issues hampering the freight business, saying revenue may jump to Rs35 billion from the existing Rs18bn per annum if some remedial measures are taken. Mr Buriro has sent a report to Minister for Railways Azam Khan Swati, …

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New chapter in stock market as 90-day DFCs open tomorrow


July 25, 2021

s KARACHI: The maiden Deliverable Futures Contracts (DFCs) of 90-day maturity will be opened on the Pakistan Stock Exchange (PSX) on July 26 — a move aimed at curbing the market volatility witnessed in the last week of every month when traders roll over their contracts to the next month to avoid settlement. DFCs are forward contracts to buy or …

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PSX sees shortened, lacklustre week


July 25, 2021

KARACHI: The short two-day working week (Monday and Friday) due to Eidul Azha was eventless at the stock market. Participation remained low and ended in muted gains of 39 points on Monday and an equally tiny loss of 80 points on Friday. With net 41 points decline, the KSE-100 Index closed at 47,793. Calculations by brokerage Arif Habib Limited showed …

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