Nokia to cut 14,000 jobs amid shrinking demand By: Web Desk on October 20, 2023As part of a cost-cutting initiative, Nokia has announced a significant reduction in staff, with up to 14,000 jobs potentially being eliminated. This announcement follows a sharp decline in third-quarter sales of 20%, primarily due to a decline in the demand for 5G equipment. As a result of the news, the company’s shares fell by […]
Iran calls for Islamic countries to sanction Israel By: Reuters on October 19, 2023Members of the Organisation of Islamic Cooperation (OIC) should impose an oil embargo and other sanctions on Israel and expel all Israeli ambassadors, Iranian Foreign Minister Hossein Amirabdollahian said on Wednesday. An urgent meeting of the OIC is taking place in the Saudi city of Jeddah to discuss the escalating Israeli-Palestinian conflict, after a blast […]
Punjab raises employee travel and daily allowances: Details inside By: Web Desk on October 19, 2023Although the country continues to be in a financial crisis, the Punjabi government has increased the travel and daily allowances for provincial employees. According to a notification issued by the Punjab finance department on Tuesday, the government changed the rates of the daily allowances that are currently payable to government employees with effect from July […]
Israel wants Gaza city to be vacated within 24 hours: UN By: Web Desk on October 13, 2023The Israeli military warned more than a million Gaza City residents to leave and move to the south within the next 24 hours as it stationed tanks close to the Gaza Strip amid concerns of a significant ground offensive on Friday. “Now is a time for war,” declared Israel’s defence minister Yoav Gallant as Israeli […]
Another heavy earthquake shakes Afghanistan By: Web Desk on October 11, 2023According to the German Research Centre for Geosciences (GFZ), a 6.3 magnitude earthquake struck Northwestern Afghanistan on Wednesday. the quake occurred at a depth of 10 kilometres and was one of several jolts that shook similar regions of Afghanistan over the weekend. According to the United States Geological Survey, the earthquake’s epicentre was about 29 […]
Israel using white phosphorus bombs in Gaza: Palestine By: Web Desk on October 11, 2023In the Karama neighborhood of the Gaza Strip, Palestine has charged Israel with using white phosphorus bombs against civilians as Tel Aviv vowed to intensify its ground offensive in response to a Hamas attack. “The Israeli occupation is using internationally banned white phosphorus bombs against the Palestinians in the Karama neighborhood in northern Gaza,” the […]
Israel gathers 100,000 troops near Gaza after over 700 Israeli deaths By: Web Desk on October 9, 2023As the death toll rose above 1,100 by the third day of fighting, the Israeli military amassed as many as 100,000 reserve troops near the troubled border amid fears of a ground invasion in an effort to retake control of the desert near the Gaza Strip. Israeli military spokesman said that for the ongoing conflict […]
EU Parliament extends Pakistan’s GSP+ status for four years By: Web Desk on October 6, 2023The Generalised System of Preferences (GSP) was unanimously extended by the European Parliament for an additional four years, until 2027. The benefit of exporting goods to the European market with lowered or no duties is extended to developing nations, including Pakistan. 561 members voted in favor of the extension, five members abstained, and the motion […]
Pakistani rupee continues winning streak against US dollar By: Web Desk on October 5, 2023The Pakistani rupee has gained 23.50 against the US dollar since September 5 in the interbank market, extending its winning streak against the greenback to one month today (Thursday). The local currency has increased by 1.8 against the dollar today, hovering at 283.60 on the interbank market. On September 5, the interbank market saw the […]
Pakistani pacer Naseem Shah undergoes ‘successful’ shoulder surgery By: Web Desk on October 4, 2023Pakistani pacer Naseem Shah underwent successful surgery to treat a shoulder injury that had already ruled him out of the ICC World Cup 2023, which is set to begin in India. Moghees Sheikh, Shah’s manager, posted an update on X, formerly Twitter, stating that the fast bowler is in good spirits following the minor shoulder […]