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Daily Archives: March 6, 2024

Blood pressure drug succeeds in mid-stage trial


March 6, 2024

Roche and partner Alnylam said on Tuesday their experimental drug against high blood pressure was shown to work when used in combination with the standard of care in a phase 2 trial. Full results of the Phase 2 KARDIA-2 trial, testing the twice-a-year injection zilebesiran, would be presented at the American College of Cardiology Annual Scientific Session in Atlanta on …

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Bairstow under pressure in 100th Test after lean India series


March 6, 2024

DHARAMSALA: Struggling England batsman Jonny Bairstow looks to be fighting to save his Test career when the fifth and final match against India begins in Dharamsala on Thursday. Bairstow will win his 100th cap as England, who have already lost the series 3-1, try to salvage some pride in the high-altitude and chilly Himalayan hill town. India spinner Ravichandran Ashwin …

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Djokovic and Nadal return, Gauff carries US flag at Indian Wells


March 6, 2024

LOS ANGELES: Novak Djokovic returns to Indian Wells for the first time in five years seeking a record sixth title while Coco Gauff looks to become the first US woman to win the tournament since Serena Williams in 2001 when main-draw action begins on Wednesday. The Serbian winner of 24 Grand Slam titles hasn’t competed at the BNP Paribas Open …

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HBL PSL 2024: Zalmi edge Sultans in thriller despite Iftikhar counterpunch


March 6, 2024

RAWALPINDI: The Pindi Cricket Stadium crowd chanted “Chacha, Chacha”, as they awaited an “Ifti­mania” — the term which has rece­ntly emerged as a description for Iftikhar Ahmed’s power-hitting exploits. The spectators tend to enjoy match-winning knocks by the Pakistan all-rounder probably more than they do when those come from others. And here on Tuesday night, it was set up for …

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Hub Power sees falling power demand on high tariffs


March 6, 2024

KARACHI: Hub Power Co Ltd (Hubco), the country’s largest private utility, expects power consumption in the country to fall again this year due to higher tariffs and tepid industrial activity, a top executive told Reuters. Power demand in Pakistan plunged last year by nearly a sixth and a decline in 2024 would mark the first time in 16 years that …

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Stocks falter as govt prepares for IMF talks


March 6, 2024

KARACHI: The stock market snapped its four-day winning streak as investors resorted to profit-taking following reports that the new government has begun preparations to engage the International Monetary Fund (IMF) for the start of final review under the current $3bn Stand-By Arrangement (SBA) and negotiating a fresh Extended Fund Facility. The country is faced with numerous economic issues mainly the …

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Bitcoin rockets to record above $69,200


March 6, 2024

WASHINGTON: Bitcoin soared to a new record high on Tuesday, fuelled by investors pouring money into US spot exchange-traded crypto products and the prospect that global interest rates may fall. The world’s largest cryptocurrency hit a high of $69,202, topping November 2021’s all-time peak of $68,999.99. Investor interest has increased since the Securities and Exchange Commission approved 11 spot bitcoin …

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EU strikes deal to ban products made from forced labour


March 6, 2024

BRUSSELS: The European Union moved a step closer on Tuesday to banning products made from forced labour after negotiators reached an agreement on a law that supporters hope will help block imports from China. The bloc’s draft text does not specifically mention China, but focuses on all products made from forced labour, including those made within the European Union. Nearly …

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Blast rocks security base in Afghanistan


March 6, 2024

FAIZABAD: A blast shook a Taliban military base near the airport in Faizabad, the capital of Afghanistan’s northeastern Badakhshan province, but without causing casualties, officials said on Tuesday. The Taliban official confirmed on condition of anonymity that an explosion had occurred at the base but would not provide further details. A roadside IED exploded near the base but no one …

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