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British government hails agreement as ‘key milestone’ in developing combat aircraft slated to enter service in 2035 The United Kingdom, Italy and Japan signed a £4.6 billion ($6.1 billion) contract to advance the development of a next-generation stealth fighter jet. The deal marked “a key milestone” for the Global Combat Air Programme (GCAP), which aimed to produce … Read more

LONDON: England and Australia may be into the T20 World Cup final at Lord’s on Sunday but the performances of emerging nations have led the global head of the women’s game to hail the “outstanding” cricket on display at the whole tournament. Concerns were raised about whether the women’s game had the depth to cope … Read more

KARACHI: Gold prices declined in both the international and domestic markets after a two-day break on Saturday. In the international bullion market, the price of gold fell by $11 per ounce to $4,174. Reflecting the global trend, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold in the local market … Read more

Highlights Pakistan’s improving macroeconomic fundamentals, investor-friendly policy framework PM Shehbaz meeting with a delegation of Calık Holding led by the Group’s Chairman Mr. Ahmet Calık in Istanbul. Photo: X Prime Minister Shehbaz Sharif on Saturday held a series of meetings with senior executives of Turkiye’s leading business groups and industry organisations in Istanbul, reaffirming Pakistan’s … Read more

Record-breaking temperatures spread to the eastern US from the Midwest earlier this week A person descending the stairs of the Lincoln Memorial covers her face with her hand amid a heatwave in Washington, DC, US. Photo: Reuters A dangerous heat wave upended Fourth of ​July celebrations across swaths of the central and eastern US on Friday, … Read more

US recently unveiled significant cuts to forces it would deploy to Europe in event of a war or major crisis European NATO allies have largely filled the capability gaps created by recent US reductions in its reinforcement plans for a potential conflict in Europe, the deputy supreme allied commander Europe told Bloomberg in a Friday … Read more

ISLAMABAD: The National Assembly Standing Committee on Communications was informed on Friday that Rs30 billion had been allocated for the Sukkur-Hyderabad (M-6) motorway during the current financial year against a total demand of Rs70 billion. While reviewing the latest progress on the motorway, the committee was informed that the project comprised five sections: Hyderabad-Tando Adam, … Read more

Quetta-Peshawar coach veers into ravine in Sherani, leaving several others injured QUETTA: At least 40 passengers, including women and children, were killed and several others injured when a bus plunged into a deep ravine in the mountainous Dahana Sar area of Balochistan’s Sherani district on Friday, officials said. The bus was travelling from Quetta to … Read more

Basmati rice export is slowing down, with exporters shipping out 66,863 metric tonnes valuing at $76.861 million. The decline is attributed to stiff competition with India offering Pusa rice varieties that resemble Basmati at lower prices. photo: file ISLAMABAD: Pakistan has suffered export losses of $1.1 billion due to the closure of the Afghan border, … Read more

The United Nations flag flies at half-mast at the European headquarters in Geneva, Switzerland, November 13, 2023. PHOTO: REUTERS WASHINGTON/NEW YORK: The United States has reaffirmed its support for Pakistan’s right to defend itself against terrorism as Islamabad intensified its diplomatic campaign at the United Nations, highlighting the country’s heavy human and economic toll from … Read more