Man City revamp rocked by Spurs

LONDON:  A new-look Manchester City showed familiar frailties as Tottenham strolled to a 2-0 win at the Etihad on Saturday, while Viktor Gyokeres scored his first Arsenal goals in a 5-0 hammering of Leeds. Brennan Johnson and Joao Palhinha struck for the Europa League winners just before half-time as Spurs continued a perfect start for … Read more

New funds to bridge $15b gap

[ KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has launched a new category of mutual funds titled Infrastructure Schemes under the framework of open-end collective investment schemes, in a bid to mobilise long-term domestic savings for infrastructure development. The initiative, identified as a key milestone under the Fund Management Department’s Roadmap 2025-26, was … Read more

US to take 10% equity stake in Intel

[ WASHINGTON: President Donald Trump said on Friday the US would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share — the latest extraordinary intervention by the White House in corporate America. The deal puts Trump on better terms with Intel Chief Executive … Read more

AGP objects to Rs17m in rewards, allowances

[ ISLAMABAD: The Auditor General of Pakistan (AGP) has observed that the Pakistan Telecommunication Authority (PTA) chairman and members have received irregular payments of Rs17 million in rewards and allowances. PTA paid Rs17.2 million to its members and chairman on account of different allowances and perquisites during financial year 2023-24. This included the Eid reward … Read more

Monsoon in the mountains

flash floods have caused an estimated rs30 billion in damages and killed at least 39 people across gilgit baltistan this summer photo file

GILGIT: Gilgit-Baltistan (GB), a land of towering peaks, lush valleys, and glacial rivers, has long captivated travellers seeking adventure and serenity, yet, behind its postcard beauty lies a recurring seasonal threat. Monsoon rains and climate change-driven glacier outbursts frequently test the resilience of this region and its people. The challenge for authorities, locals, and tourists … Read more