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January 23, 2018 12:00 AM UBS shareholders set for bigger payout

ZURICH: UBS, Switzerland´s biggest bank, on Monday proposed an increased dividend and new share buyback programme despite a hefty writedown from a tax overhaul in the United States. The bank posted a 2.2 billion Swiss franc ($2.3 billion) net loss for the fourth quarter of 2017 as the U.S. tax reforms saddled it with a 2.9 billion franc writedown. Pretax

January 22, 2018 12:50 PM Punjab University students protest after getting clashed

According to sources, members of Islamic Jamiat Talba and Baloch Students Organization pelted stones on security officials while the police tried to disperse them, opening tear gas and shelling. As a result, many cars got damaged too. Students of both groups clashed with each other in the later hour of the night earlier. University administration said that one group

January 21, 2018 2:02 AM Lahore all set to host major hockey clash after 24 years

LAHORE: Lahore will host an elite international hockey contest after a long gap of twenty-four years when a star-studded World XI side take on Pakistan’s U-18 team in the second tie of the two-match series at the National Hockey Stadium on Sunday. The World XI comfortably beat Pakistan U-18s 5-1 in the first match of the series staged at Karachi’s Abdul

January 21, 2018 12:00 AM Coleman breaks 60m indoor world record

LOS ANGELES: World 100 meter silver medalist Christian Coleman opened his 2018 campaign by breaking the 60 meter indoor world record with a time of 6.37sec on Friday. The 21-year-old American set the new mark at the low-level Clemson Invitational track meet to surpass the previous record of 6.39sec held by fellow American Maurice Greene. Greene ran the time twice 1

January 21, 2018 12:00 AM India beat Pakistan to win Blind WC title

LAHORE: Defending champions India overpowered Pakistan in the final of 5th World Cup Cricket for Blind on Saturday to win the title. Pakistan had put together a total of 308 runs for India to chase in United Arab Emirates (UAE) Ajman and India overhauled the score losing eight wickets winning the final by two wickets. India’s Sunil Ramesh scored a notable 1

January 20, 2018 5:14 PM India beats Pakistan by 2 wickets to claim Blind Cricket World Cup title

India beat Pakistan by two wickets to win the Blind Cricket World Cup for the second time after a thrilling match at Sharjah Cricket Stadium on Saturday. Hosts Pakistan had set India a target of 308 runs at a loss of eight wickets in their allotted 40 overs after they were put into bat. India conquered the modest target in the 39th over, with two balls

January 19, 2018 9:52 AM CJ takes suo motu notice of 'extra judicial murder' of Naqeebullah Mehsud

ISLAMABAD: Chief Justice of Pakistan Mian Saqib Nisar on Friday took suo motu notice of alleged extra judicial killing of Naqeebullah Mehsood, Geo TV reported. According to the TV channel, the Supreme Court chief justice have sought a report from the Inspector General Sindh Police within seven days. Family and friends of Naqeebullah Mehsood, a youth

January 19, 2018 12:00 AM Toshiba reaches deal to help resolve Westinghouse bankruptcy

NEW YORK: Toshiba Corp said on Thursday it had clinched an agreement to sell its claims in bankrupt U.S. nuclear plant maker Westinghouse Electric Co LLC in a deal that would add $3.7 billion to the Japanese owner´s depleted capital base. The Japanese conglomerate has also agreed to transfer its Westinghouse-related shares to Canada´s Brookfield Business

January 19, 2018 12:00 AM ‘Ugly’ win keeps Dimitrov believing

MELBOURNE: Grigor Dimitrov says he’s relieved he won “ugly” after surviving a huge second round fright at the Australian Open, a match he admits may been lost in years gone by. The Bulgarian world No.3 had to pull out all stops to beat off world No.186 MacKenzie McDonald in five sets on Rod Laver Arena late Wednesday and stay in the tournament 1

January 19, 2018 12:00 AM India SC lifts ban on ‘Padmaavat’

NEW DELHI: India’s top court on Thursday overturned a ban imposed by several states on the release of a Bollywood epic about a mythical Hindu queen. The Supreme Court said the ban, which followed violent protests by members of the Hindu right who claimed the film falsely depicted a romance between the queen and a Muslim ruler, violated creative freedoms