TORONTO: Top seed Daniil Medvedev powered through a rough patch to beat James Duckworth 6-2, 6-4 on Thursday and reach the quarter-finals of the ATP Toronto Masters. Medvedev finished with 10 aces as he reached his eighth quarter-final at the Masters level on the way into a quarter-final against Pole Hubert Hurkacz, who scored a 6-7 (7-9), 6-4, 6-4 win …

LONDON: England paceman James Anderson claimed his 31st five-wicket haul in Tests as the resurgent hosts restricted India to 364 in their first innings before making 23-0 at tea on the second day of the second Test at Lord’s on Friday. The 39-year-old finished with figures of 5-62 while Mark Wood and Ollie Robinson took two wickets each as England …

ISLAMABAD / KARACHI / LAHORE: The government wants to revive Pakistan’s sporting fortunes, starting with asking the country’s Olympic chief to leave his post. The demand came from Shahbaz Gill, Special Assistant to the Prime Minister, at a news conference held at the Press Information Department on Friday, asking retired Lt Gen Arif Hasan to resign as the Pakistan Olympic …

West Indian captain Kraigg Brathwaite was run out for 97 after a 96-run partnership with former skipper Jason Holder which helped guide the team to a first-innings lead over Pakistan on the second day of the first Test. Brathwaite turned a ball to fine leg and was attempting a second run when he was beaten by Hasan Ali’s direct hit at …

KARACHI: Meezan Bank is going to raise up to Rs10 billion via sukuk or Islamic bonds, a regulatory filing said on Friday. The country’s largest Islamic bank will count the proceeds of the sukuk towards its tier-II capital, which is the secondary layer of capital that every bank keeps as part of its required reserves. Unlike tier-I capital that’s contributed …

GENEVA: The World Health Organization said on Friday it was setting up a new group to trace the origins of the coronavirus, seeking to end what it called “political point scoring” that had hampered investigations. The inability of the WHO to say where and how the virus began spreading has fuelled tensions among its members, particularly between China, where Covid-19 …

ISLAMABAD: Finance Minister Shaukat Tarin on Friday held out an assurance to exporters for swift payment of refunds amid a cash flow crunch. The assurance came from the minister during a meeting with a delegation of exporters at the Finance Division. The exporters are urging the government to provide uninterrupted power supply and early release of pending refunds. The meeting …

ISLAMABAD: The Asia Pacific Group (APG) on Money Laundering has improved Pakistan’s rating on four more of the 40 technical recommendations of the Financial Action Task Force (FATF) against money laundering and terror financing (AML/CFT) but retained it on ‘Enhanced Follow up’ to meet the outstanding requirements. “Pakistan has 35 recommendations rated compliant or largely compliant (C/LC). Pakistan will remain …

ISLAMABAD: The Competition Commission of Pakistan (CCP) on Friday imposed the highest-ever penalty of Rs44 billion on the sugar industry for cartelisation, price fixing and market manipulation. The penalty has been imposed on the calculation of turnover of 55 sugar mills for the financial year 2019, with a maximum penalty of Rs300 million having been imposed on the Pakistan Sugar …