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July 15, 2018 12:00 AM France marks Bastille Day with major military parade

PARIS: Fighter jets streaked over Paris on Saturday as part of a massive military parade in a "demonstration of controlled force" on France´s national day, due to be followed by a street party if "Les Bleus" win the World Cup. Thousands of people, many of them tourists, thronged the Champs Elysees avenue to watch the march past involving 4,290 soldiers

July 15, 2018 12:00 AM Comcast to pay 243mln pounds in fees for Sky takeover

LONDON: Comcast expects to pay the banks, law firms and other advisers on its 25.9 billion pound ($34.23 billion) bid for Sky as much as 243 million pounds if it wins the battle for the British broadcaster, the U.S. cable giant said on Friday. Twenty-First Century Fox, Comcast and Walt Disney that will generate large fees for advisory firms working on all sides

July 14, 2018 12:00 AM Head-scarved Malaysian girl wows with soccer skills

KLANG, Malaysia: The slick freestyle football moves of a Malaysian Muslim girl have boosted her into the spotlight in a country where the sport is dominated by men. Sporting a headscarf, Qhouirunnisa’ Endang Wahyudi executed deft moves, juggling the ball before balancing it on her soles and later on her forehead.“The headscarf is not an obstacle,” the 18-year-old 1

July 14, 2018 12:00 AM Half of Americans trying to lose weight

WASHINGTON: Half of the adults in the United States are trying to lose weight, according to a study published late on Thursday, with more women than men seeking to shed a few pounds. The National Health and Nutrition Examination Survey, conducted from 2013 through 2016, found that 49.1 percent of Americans aged 20 and older had tried to lose weight in the last 12 months 1

July 13, 2018 12:00 AM Bank of Korea holds rates

SEOUL: South Korea´s central bank held its base rate steady on Thursday, as expected, but one board member´s dissenting vote may have raised the odds of a rate hike in coming months as major peers tighten monetary policy. A downturn in South Korea´s labour market and feeble price growth have added to policymakers´ concerns over the extent of recovery

July 12, 2018 12:00 AM Bahrain’s economy shrinks in Q1 as oil production sags

DUBAI: Bahrain´s economy shrank on an annual basis in the first quarter of 2018 for the first time in at least seven years, hit by a fall in oil production, data from the official statistics agency showed on Wednesday. The figures may increase concern about the health of Bahrain´s economy as it struggles with a current account gap and a large state budget 1

July 12, 2018 12:00 AM Auto sales surge 21pc to 258,632 units in FY2018

KARACHI: Auto sales surged 21 percent to 258,632 units during the last fiscal year of 2017/18 as low-cost financing boosted demand of cars, light commercial vehicles, vans and jeeps, brokerage reported on Wednesday. Brokerages, citing industry data, said auto sales stood at 213,118 units during the previous fiscal year of 2016/17. Daniyal Adil, an analyst 7

July 12, 2018 12:00 AM BBC says its best-paid TV and radio stars are all men

LONDON: The BBC´s 12 best-paid stars are all men, according to figures published late on Tuesday by Britain´s public broadcaster, which is grappling with a gender equality scandal in which one of its most senior correspondents resigned from her role. The BBC issued a public apology last month to former China editor Carrie Gracie, who quit that job in January 1

July 11, 2018 12:00 AM Kremlin calls NATO a Cold War throwback ahead of summit

MOSCOW: The Kremlin on Tuesday branded NATO a relic of the Cold War ahead of a key summit of the alliance leaders this week. “Our attitude to NATO is well known: it’s a product of the Cold War and the confrontation of the Cold War, Kremlin spokesman Dmitry Peskov told journalists.“It’s an alliance that was constructed with the aim of and in the name of confrontation

July 11, 2018 12:00 AM Stocks inch up as value hunters go for oversold oil, financial shares

Stocks closed up on Tuesday following a volatile session as undervalued oil and financial scrips attracted institutional buyers and an assurance of timely elections by director general of the Inter-Services Public Relations (ISPR) restored some confidence among investors, dealers said. Analyst Ahsan Mehanti from Arif Habib Corporation said stocks closed