If you’ve been to a concert you know that they’re loud and crowded affairs — to have the performer notice someone struggling amidst the commotion is a big feat and for Billie Eilish to not only see it but put her concert on hold until she made sure the struggling fan was doing okay has won everyone’s hearts. The American singer-songwriter ordered the girl an inhaler and only continued after she was reassured everyone was doing okay. The Grammy winner was performing at State Farm Arena in Atlanta, Georgia on her Happier Than Ever world tour when she stopped her concert, seeing…
Author: Hasnain Abid Khanzada
KARACHI: All Quetta Gladiators needed was Jason Roy. After a woeful start to their HBL Pakistan Super League campaign, it was the Englishman’s brutal hitting that inspired the Gladiators to their second win in five matches, snapping a run of two losses, as they pulverized the Lahore Qalandars by seven wickets here at the National Stadium on Monday. Roy hit eight towering sixes and 11 boundaries in 116 off 57 deliveries, leaving the Qalandars scratching their heads. After all, they had posted 204 on the board after having been put in to bat. But Roy enabled the Gladiators to make…
Australia have named a full-strength line-up for next month’s three-Test tour of Pakistan in their first squad announcement since the resignation of Justin Langer as coach. The Australians will play in Pakistan for the first time in almost 25 years and the series will be the Test side’s first overseas tour since facing England in the 2019 Ashes series. Fast bowler Josh Hazlewood returns from injury while Scott Boland, one of the stand-out performers during Australia’s 4-0 Ashes series win over England earlier in the season, retains his place in the Pat Cummins-captained squad. Concerns that senior players would pull out of the tour due…
Tesla Inc said on Monday the fair market value of the electric-vehicle maker’s bitcoin holdings as of December 31 was $1.99 billion. In its annual filing with the US Securities and Exchange Commission, Tesla, which had invested $1.50bn in bitcoin last year, said it registered about $101 million in impairment losses last year due to the value of bitcoin. A drop in the value of bitcoin resulted in the company recording losses, as the value of its holdings fell. Tesla had also briefly accepted the cryptocurrency as payment for sales of certain products. However, Tesla Chief Executive Officer Elon Musk stopped accepting…
KARACHI: Trading on the stock market witnessed a strong start on Monday with investors rushing to buy shares in the oil and gas sector. But the benchmark index failed to stay above 46,000 points amidst a lack of positive triggers and dropped below the previous session’s closing level. “Going forward, a slight correction can be seen and we advise investors to book profits at current levels,” said JS Global in a note to investors. As a result, the KSE-100 index lost 68.4 points or 0.15 per cent to close at 45,841.25 points. Traded volume and value stood at 150 million…
KARACHI: Inflows under Roshan Digital Accounts (RDAs) — a banking facility reserved for non-resident Pakistanis — amounted to $222 million in January, down nine per cent from the preceding month. On a year-on-year basis, however, the increase in monthly RDA inflows was almost 38pc, data issued by the State Bank of Pakistan (SBP) showed on Monday. “RDA flows continue at a decent pace, but a slowdown is evident,” said Fahad Rauf, head of research at Ismail Iqbal Securities. “The [pace of the] number of new accounts opened is also slowing down,” he added. As many as 342,611 new RDA accounts…
ISLAMABAD: In a major shift from the investment regime, Pakistan has decided to exempt Chinese investors from about 37 approvals for investment projects, besides completing prior actions like payments of dues to power producers and creating a revolving fund for future interest payments to the existing investors to perk up investments in phase-II of the multi-billion-dollar China-Pakistan Economic Corridor (CPEC). This was the crux of “the highest-level communication” Prime Minister Imran Khan had with the Chinese political and business leadership during his four-day visit to Beijing on the eve of Winter Olympics 2022, according to Special Assistant to the Prime…
ISLAMABAD: Principally approving the formation of the Pakistan Cotton Authority (PCA), Prime Minister Imran Khan on Monday called for effective legislation to protect farmers’ rights. PCA’s formation was principally approved to “ensure the provision of quality seed, monitoring and enhancing the yield”. According to Prime Minister Office, PM Khan presided over a meeting on the agriculture sector and discussed enhancing the cotton yield. He said the government was providing a subsidy on modern agricultural equipment, quality seed and fertiliser. “The benefits of subsidy must be extended to the farmers through the Kissan Card scheme,” the prime minister was quoted as…
WASHINGTON: The main US health agency continues to place Pakistan among the countries where the chances of catching Covid-19 are low. In its latest update on the pandemic, the US Centers for Disease Control and Prevention (CDC) placed Pakistan in level-1, which is its lowest category for getting infected by a disease. The agency places India in level-3, which includes countries where the chances of catching Covid-19 are high. Another South Asian country, Bangladesh, is in level-2 with a moderate risk of infection. Countries like China, Brazil, Anguilla, Kosovo, Mexico and a dozen others are in level-4 where the chances…
WASHINGTON: The Biden administration is raising red flags about 33 Chinese companies whose legitimacy it cannot verify, imposing new restrictions on their ability to receive shipments from US exporters and requiring extra diligence from American companies that want to do business with them. The Commerce Department said on Monday that it was adding the companies to what is known as the Unverified List, a roster of businesses worldwide that are subjected to stricter export control because US officials have been unable to do customary checks. The ability to verify the legitimacy and reliability of foreign parties receiving US exports through…
