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Second Healy ton takes Australia into World Cup semis

The Australian skipper’s flawless knock powered her side to a dominant victory and early qualification Alyssa Healy notched up her second consecutive hundred against Bangladesh. PHOTO: ICC VISAKHAPATNAM: Skipper Alyssa Healy hit an unbeaten 113, her second century in a row, as holders Australia booked their spot in the semi-finals of the Women’s World Cup … Read more

FWBL sold to UAE entity for $14.6m

ISLAMABAD: Pakistan’s federal cabinet on Thursday approved the sale of its 100% stakes in a state-owned small commercial bank for $14.6 million (Rs4.1 billion) to a United Arab Emirates government-nominated entity under a negotiated deal. Besides selling the entity for $14.6 million, the government has also allowed the new buyer to meet the total minimum … Read more

Israel, Hamas trade blame over truce

Freed Palestinians include 1,700 people seized from Gaza and held without charge. PHOTO: REUTERS CAIRO/TEL AVIV: Israel said on Thursday it was preparing for the reopening of Gaza’s Rafah crossing with Egypt to let Palestinians in and out, but set no date as it traded blame with Hamas over violations of a US-mediated ceasefire. A … Read more

‘Coal supply deals stabilise power costs’

Industry players claim long-term contracts bring savings, operational reliability ISLAMABAD: Energy-sector experts say that long-term coal supply agreements between power producers and suppliers are helping stabilise generation costs and ensure uninterrupted electricity production. Industry insiders note that consistent fuel provision arrangements have reduced dependence on spot market purchases and shielded consumers from the impact of … Read more

PSX sheds 1,242 points on profit-taking

KSE-100 index retreats to 164,445 amid institutional selling, geopolitical tensions KARACHI: The Pakistan Stock Exchange (PSX) endured a rollercoaster session on Thursday, as intense volatility saw bullish and bearish forces wrestle for market control. By the closing bell, the bears emerged dominant, dragging the benchmark KSE-100 index down by around 1,250 points to settle below … Read more