[ ISLAMABAD: Sub-committees on Bankruptcy Law and the Prevention of Undue Harassment by state authorities have recommended major reforms aimed at providing relief to companies facing winding-up orders. The committees proposed significant amendments to the Corporate Rehabilitation Act, 2018. These include removing the eligibility threshold based on receivables and introducing a formal mechanism for stay … Read more

BEIJING: Tens of thousands of people have been evacuated as heavy rains batter southern China, flooding homes and triggering landslides, state media said on Wednesday. Torrential downpours have drenched southern Guangdong province, with a landslide in its capital Guangzhou trapping 14 people, state broadcaster CCTV said. One person was later confirmed dead, it said. More … Read more

LONDON: Is the party over? UK nightclubs are famed around the world, but COVID-19 and inflation have hit the sector hard, forcing businesses to reinvent themselves to attract new generations to the dance floor. Pryzm Kingston is a well-known club in southwest London popular with students, where artists like Billie Eilish, Rod Stewart, and Stormzy … Read more

LAHORE: Sadia Iqbal, currently ranked at the top of ICC T20I bowling rankings, has been awarded a Category ‘A’ central contract as the Pakistan Cricket Board announces the Women’s Central Contracts for the 2025-26 season. To encourage young and budding cricketers, the PCB has also introduced an ‘E’ category, designated as the Emerging category. Two … Read more