Trending Now: Latest global updates, business news, technology stories, sports headlines, and more.

ICC convicts Darfur militia leader for war crimes

THE HAGUE: The International Criminal Court (ICC) on Monday convicted a feared Sudanese militia chief for war crimes and crimes against humanity committed during brutal attacks in Darfur. Ali Muhammad Ali Abd-Al-Rahman, also known by the nom de guerre Ali Kushayb, was convicted of multiple crimes including rape, murder and torture carried out between August … Read more

PSX dips over 1,200 points on profit-taking

[ KARACHI: The Pakistan Stock Exchange (PSX) closed significantly lower on Monday as profit-taking dragged the benchmark KSE-100 index down by 1,238 points. The sell-off was driven by investor concern over complications in government’s talks with the International Monetary Fund (IMF). Reports suggested that the IMF had raised concern over inconsistencies in trade data reported … Read more

Pakistan secures Azerbaijan meat deal

[ KARACHI: The President of the Korangi Association of Trade and Industry (KATI), Mohammad Ikram Rajput, has hailed Pakistan’s recent success in securing market access for meat exports to Azerbaijan, describing it as a positive step for the country’s trade and industrial growth. He said this development would open new avenues for Pakistan’s exporters and … Read more

Political crisis deepens in France

PARIS: France’s new prime minister resigned on Monday after less than a month in office, sinking the country further into a political crisis and piling pressure on President Emmanuel Macron to find a way out of the deadlock. Sebastien Lecornu stepped down just 14 hours after naming his government and had been due to hold … Read more

Foreign investors seek Rs96.6b refunds

[ KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the Federal Board of Revenue (FBR) leadership to expedite the settlement of long-pending income and sales tax refund claims amounting to Rs96.6 billion, citing adverse effects on the financial liquidity and investment outlook of foreign investors in Pakistan. In a letter addressed … Read more

UNHCR shed 5,000 jobs this year

GENEVA: The United Nations refugee agency has shed nearly 5,000 jobs this year following swingeing cuts in international aid, its chief said Monday, decrying the “disastrous” political choices behind the crisis. The UNHCR is grappling with surging global displacement, while under President Donald Trump the United States — traditionally the world’s top donor — has … Read more

Urea prices fall 7% despite 32% global hike

[ ISLAMABAD: Fertiliser prices have significantly decreased in the Pakistani market compared to the international market over the past year. The Ministry of National Food Security and Research (MNFSR) told the Senate in a written reply that urea and DAP are the main fertilisers in Pakistan, accounting for 85% of total use, said a document … Read more