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LONDON: Major European airports including Brussels, Berlin and London’s Heathrow were Saturday hit by a cyberattack on check-in systems that caused cancellations and long delays for thousands of passengers. Dublin and Cork airports in Ireland were also affected, Dublin airport said on X, adding that it was experiencing “minor impacts” from “a Europe-wide software issue”. … Read more
[ ISLAMABAD: The Federal Board of Revenue (FBR) has halted the sale of sugar across the country through its online portal, prompting strong objections from the Pakistan Sugar Mills Association (PSMA). In a statement issued by PSMA on Saturday, the association expressed serious concerns over the FBR’s move to restrict sugar sales by sugar mills … Read more
[ LAHORE: Vietnam is ready to begin negotiations on a Preferential Trade Agreement (PTA) with Pakistan to deepen economic cooperation and expand bilateral trade, Ambassador of Vietnam to Pakistan Pham Anh Tuan said on Saturday. Speaking at the Lahore Chamber of Commerce and Industry (LCCI), Tuan said both countries had agreed at the 5th Joint … Read more
KYIV: Ukrainian President Volodymyr Zelensky said Saturday he would meet US counterpart Donald Trump on the sidelines of the UN General Assembly next week as Russia intensified deadly strikes across his country. Russia carried out one of its largest aerial attacks, firing 40 missiles and some 580 drones at Ukraine in a nightime barrage that … Read more
[ ISLAMABAD: Prime Minister Shehbaz Sharif has warned ministries and divisions of strict action for causing delays in executing over $8 billion worth of CPEC 2 projects. Chairing a recent high-level meeting, the prime minister said that although the Pakistan-China B2B Conference was a tremendous success, agreements signed must be followed up meticulously by the … Read more
GENEVA: The stainless steel Patek Philippe, manufactured in 1943, returns to Phillips at the Decade One auction in Geneva this November – a rare opportunity for collectors, similar to a red diamond or to a one-off Ferrari. Aurel Bacs, Senior Consultant at Phillips in Association with Bacs & Russo, is full of anticipation as he … Read more
ISLAMABAD: Saudi Arabia remains the major source of cheap foreign loans for Pakistan, rolling over $5 billion in loans at an annual interest rate of 4% — about one-third cheaper than Chinese cash deposits and less than half the cost of foreign commercial borrowing. Official records show that Riyadh charged a 4% interest rate on two … Read more
[ LAHORE: Federal Minister for Planning and Development Ahsan Iqbal said on Saturday that the defence agreement between Pakistan and Saudi Arabia was an important milestone, warmly welcomed across society, but stressed that lasting national security depended on economic strength. Speaking to the media after chairing the first meeting of Members of the Federation of … Read more
LONDON/WASHINGTON: When Climate Week kicks off on Sunday in New York City, it will mark the event’s biggest year yet — with organisers reporting a record number of companies participating and more events than ever to attend. Almost no one had expected this response in a year that has seen the event’s host country — and the … Read more
[ ISLAMABAD: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, has warned that the rising tide of textile and fashion waste flooding oceans poses a growing threat not only to marine life but also to Pakistan’s economy, climate resilience, and future generations. In a statement on Saturday marking World Cleanup Day 2025, themed “Tackling … Read more
