Pakistan News International

Hooriya Qureshi

Asian markets down on inflation, energy crunch worries

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Hong Kong, Oct 12 (AFP/APP):Asian markets retreated Tuesday as investors grew increasingly concerned about a growing energy crisis, spiking inflation, signs of a slowdown in the global economy and an end to central bank financial support. China’s ongoing crackdown on the private sector and the […]

Saudi targets $100 bn yearly in foreign investment

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Riyadh, Oct 11 (AFP/APP):Saudi Arabia seeks to attract foreign investment of more than $100 billion annually under a National Investment Strategy announced Monday as part of efforts to diversify the oil-dependent economy. The strategy is expected to raise annual foreign direct investment flows to 388 […]

France’s Bertrand seeks party backing for presidential bid

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Paris, Oct 11 (AFP/APP):French former minister Xavier Bertrand said Monday he will seek be the presidential candidate of the right-wing Republicans party in next year’s elections, where he would aim to unseat Emmanual Macron. The field is becoming increasingly crowded to take on Macron — […]

Libya lawmakers back $10k family grant ahead of polls

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Tripoli, Oct 11 (AFP/APP):Libya’s eastern-based parliament on Monday approved grants of around $10,000 for each family after its rival, the unity government in the country’s west, approved handouts to young couples ahead of elections. The parliament based in the eastern city of Tobruk announced the […]

Ten EU states back France in UK fishing row

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Paris, Oct 11 (AFP/APP):France and 10 other EU members called on Monday for a common front against Britain over its handling of a row with Paris over post-Brexit fishing licences in its waters. Countries including Germany, Spain and Italy joined the French in condemning the […]

US stocks begin week with losses

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New York, Oct 11 (AFP/APP):Rising energy prices defeated Wall Street’s early tentative momentum on Monday, with major indices finishing the day with losses. Stocks began the session with mixed sentiment but that turned decisively negative by the end of the day. Oil prices surged to […]

Small plane hits houses, sparks blaze in California

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Los Angeles, Oct 11 (AFP/APP):A small plane crashed into a residential area of a Californian city on Monday, sparking a blaze that devoured two houses and several vehicles. Aerial footage showed firefighters hosing down the charred remains of the residences in Santee, a suburb of […]

Nova Islamabad clinch CPL title

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ISLAMABAD, Oct 11 (APP):Nova Islamabad clinched the title of Celebrity Premier League (CPL) at the Pindi Stadium Rawalpindi on late Sunday. Nova Islamabad downed Rawalpindi Stars by 13 runs in final to win the title. Batting first, Nova Islamabad scored 85 runs for the loss […]

Sydney ends coronavirus lockdown after 106 days

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Sydney, Oct 11 (AFP/APP):Elated Sydneysiders celebrated the end of almost four months of coronavirus lockdown on Monday, putting behind them a period of “blood, sweat and no beers” in Australia’s largest city. Sydney’s more than five million residents were subjected to a 106-day lockdown, designed […]

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