Paret-Peintre lands first TdF stage

MONT VENTOUX, FRANCE: Valentin Paret-Peintre became the first French winner on this year’s Tour de France as he edged an enthralling stage 16 on Tuesday, pipping Ireland’s Ben Healy atop the mythical 1910m altitude Mont Ventoux summit finish. Behind them Jonas Vingegaard attacked overall leader Tadej Pogacar relentlessly but the defending champion tracked the Dane … Read more

Vanaspati manufacturers threaten closure over tax

[ Listen to article KARACHI: The Pakistan Vanaspati Manufacturers Association (PVMA) has warned of an indefinite nationwide shutdown of ghee and cooking oil production if the Federal Board of Revenue (FBR) does not withdraw controversial tax enforcement powers within 48 hours. At a press conference following the association’s General Body meeting in Karachi, PVMA Chairman Sheikh Umer … Read more

KSA to invest $5bin Syria

RIYADH: A Saudi delegation visiting Damascus on Wednesday inked investment and partnership deals valued at $5 billion to help rebuild war-battered Syria, the oil-rich Gulf kingdom announced. Saudi Arabia has been a major backer of the new Syrian government, which seized power after Islamist-led rebels toppled longtime ruler Bashar al-Assad in December following 14 years … Read more

Retail sector pays extra Rs455b

[ Listen to article ISLAMABAD: The Prime Minister’s Office said on Wednesday that the retail sector paid an additional income tax of Rs455 billion in the last fiscal year, a startling claim made on the basis of a briefing given by tax authorities. In an official statement released by the PM Office, it was stated “in the … Read more

Haleon invests $12m in Panadol

[ Listen to article KARACHI: Haleon Pakistan has announced a fresh investment of $12 million to expand its manufacturing capacity, focusing on scaling up Panadol production. The move aims to meet growing domestic demand and ensure consistent availability of the widely used pain relief medicine. Speaking at Haleon’s head office, CEO and General Manager Qawi Naseer said … Read more