Apple lost its crown as the world’s most valuable public company to Microsoft on Friday, as the iPhone maker’s shares continued their downward slide. Apple took a $6 billion hit to its sales during the fiscal fourth quarter due to a nagging global supply chain problem, leading to a miss on Wall Street expectations. Top boss Tim Cook said the …

Facebook-owned application WhatsApp has unveiled its plans to include Novi Payments, a no-fee digital wallet that lets users to send and receive money safely and instantly, in the app. The company has started a small pilot test of the integration of the Novi wallet in the instant messaging app, according to a WABetainfo report. The digital wallet will let users add their …

The US Food and Drug Administration on Friday authorized the Pfizer and BioNTech coronavirus vaccine for children aged 5 to 11 years, making it the first COVID-19 shot for young children in the United States. The shot will not be immediately available to the age group. The U.S. Centers for Disease Control and Prevention still needs to advise on how …

DUBAI: Australia fast bowler Pat Cummins hailed England as the “form team” in white-ball cricket but shrugged off the potential impact on the forthcoming Ashes of Saturday’s T20 World Cup clash. Eoin Morgan’s England are the 50-over World Cup champions and chasing a second T20 global title after their 2010 triumph. Both teams go into Saturday’s clash in Dubai with …

Afghanistan captain Mohammad Nabi has pleaded with his country’s fans to “please buy tickets” instead of forcing their way into stadiums without a valid ticket at the T20 World Cup. “Afghan fans, please buy tickets and come to the stadium, don’t repeat again, it’s not good,” Nabi said after losing a thrilling Group 2 game to Pakistan by five wickets on Friday …

Pakistan defeated Afghanistan by five wickets in their T20 World Cup 2021 clash on Friday night, and here are our five takeaways from the game. 1- Asif Ali is as clutch as they come Asif Ali plays a shot during the Cricket Twenty20 World Cup match between Pakistan and Afghanistan in Dubai, UAE on October 29, 2021. — AP   Asif Ali …

ISLAMABAD: The Power Division on Friday said it was targeting curtailing circular debt by about Rs425 billion during the current fiscal year (FY22) to Rs1.856 trillion chiefly through Rs230bn prior year recoveries from consumers through base tariff. In a report on circular debt presented to the Cabinet Committee on Energy (CCoE), the Power Division said the circular debt accumulation during …

ISLAMABAD: The government may increase petroleum prices by up to Rs8 per litre for the next 15 days if it decides not to increase existing tax rates. Informed sources said the government was still undecided if it should start jacking up petroleum levy with effect from November 1 or 16. Overwhelming consideration is that increase in levy should take place …

ISLAMABAD: Inflation measured through Sensitive Price Index (SPI) posted an increase of 1.23 per cent for the week ended on Oct 28 driven by a sharp rise in the prices of essential food items, data released by the Pakistan Bureau of Statistics (PBS) showed on Friday. This is the fourth consecutive week that witnessed an upward increase. In Septem­ber, the …

ISLAMABAD: The government on Friday asked the gas companies to maintain uninterrupted supply of domestic gas and imported Liquefied Natural Gas (LNG) to fertiliser plants until January next year to ensure enough production for the ongoing Rabi crops. While presiding over a meeting on the fertiliser situation, Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin directed the …