Italy cracks down on fashion sector

italy manufactures over half of global luxury goods photo reuters

MILAN: A few unlawful businesses in the fashion supply chain have tainted the image of ‘Made in Italy’, Italy’s industry minister said on Tuesday, adding that he is working on a certification scheme to remedy this after the latest high profile case. Cashmere company Loro Piana, controlled by French luxury group LVMH, was put under … Read more

Indigenously built Gun Boat PNS Sahiwal joins Pakistan Navy fleet

Listen to article The Pakistan Navy on Thursday launched the indigenously designed and developed Gun Boat PNS Sahiwal at a ceremony held at Karachi Shipyard & Engineering Works (KS&EW). Vice Chief of the Naval Staff, Vice Admiral Ovais Ahmed Bilgrami, attended the event as chief guest. The vessel, developed under the Navy’s policy of indigenisation and self-reliance, … Read more

Starvation grips Gaza as food crisis deepens

Listen to article GENEVA/GAZA/CAIRO: The World Health Organization’s chief warned Wednesday of widespread starvation in Gaza, saying food deliveries into the war-ravaged Palestinian territory were “far below what is needed for the survival of the population”. “A large proportion of the population of Gaza is starving. I don’t know what you would call it other than mass … Read more

Profit-taking pulls PSX down after strong opening

Listen to article KARACHI: The Pakistan Stock Exchange (PSX) once again succumbed to profit-taking on Thursday as the benchmark KSE-100 index lost early gains to close down by over 550 points amid caution over futures rollover. The index surged to intra-day high of 139,868 shortly after the opening bell, reflecting investor interest across key sectors. However, the … Read more