High profile US probe targets American-Pakistani businessmen on September 5, 2024WASHINGTON: American Federal and State agencies are investigating two Pakistani American businessmen and their associates over suspected money-laundering, wire fraud and tax evasion for setting up dodgy company structures to launder the proceeds of purported black money, according to the investigators involved in the case. Federal investigating authorities in the US have confirmed that two […]
Wife asks UAE govt to arrest husbands for assault, criminal activities on June 6, 2024 DUBAI: The United Arab Emirates (UAE) are looking for a British Pakistani national Zubair Yousaf over a complaint made by his wife Gulraz Anjam to the police that Mr Yousaf assaulted him so much at a Dubai flat that she fainted and ultimately aborted their unborn child. According to the UAE police, the complaint […]
Tech Entrepreneur making a comeback with defamation win against magazine on June 3, 2024LONDON/LAHORE: Pakistani-American tech entrepreneur Zia Chishti has won a major defamation lawsuit against Narratives Magazine and its editor Mr. Amir Zia over false, defamatory and malicious allegations. Narratives Magazine had levelled serious accusations against Mr. Chishti, labelling his reputation as “toxic” and citing allegations of sexual misconduct and violation of securities and other corporate laws […]
Café Chaiwala Arshad Khan London in deep financial trouble on April 15, 2024The London café of Pakistan’s most famous Chaiwala Arshad Khan has run into serious financial troubles, a year after its mega launch. The UK franchise owners have not paid royalty to Arshad Khan as promised, according to an insider. Arshad Khan has been making polite requests to the London café owners who have refused to […]
Brillanz Group sets new industry standard with debut summit at MWC Barcelona on March 9, 2024Brillanz Group, a Pakistan-based company, hosted its first-ever Sustainable Energy Summit at world largest connectivity event MWC Barcelona, with a focus on sustainable telecom innovation and AI solutions. This summit represents a historic moment as it is the first time a Pakistani origin company, has hosted a summit of such scale at Mobile World Congress […]
Atlantic Council terminates relation with fake charitable organisation ‘Family Foundation’ on March 7, 2024The Atlantic Council has confirmed it has terminated its relationship with a major donor, Gaurav Srivastava after the Indian-American businessman was exposed as involved in several fraudulent activities. The leading American think-tank said it decided to terminate its relationship with Gaurav Srivastava, his wife Sharon and their fake charitable organisation The Gaurav & Sharon Srivastava […]
Bitcoin slid to $20.8k, crypto markets lost $120b in 48 hours on August 22, 2022Bitcoin’s recent declines have continued in the last 24 hours, with the commodity falling to a fresh three-week low of less than $21,000. Ethereum is in a similar situation, having lost $100 each day. At the same time, Shiba Inu is one of the few alts that is doing well. It couldn’t, however, stay there […]
Major Gulf markets dip on oil weakness, inflation worries on August 22, 2022Most major Gulf stock markets sank in early trade on Monday as oil prices plummeted, with the Qatari index on track to end a three-session winning streak. Crude prices fell for a second day as disappointing China economic data raised fears about demand in the world’s largest crude importer, while the head of the world’s […]
Gold price up by Rs200 to Rs142,600 per tola on August 21, 2022The price of 24 karat per tola gold witnessed an increase of Rs200 per tola and was sold at Rs142,600 on Saturday against its sale at Rs142,400, the previous day in the local market. The price of 10-gram 24 karat fold also increased by Rs171 and was sold at Rs122,256 against its sale at Rs122,085 […]
Bitcoin’s falls on global inflation forecast on August 21, 2022Bitcoin (BTC) fell dramatically in Friday trade, and was last seen trading below $21,500, down more than 8pc in the previous 24 hours. The biggest cryptocurrency in terms of market value is down 13pc this week. The drop began during overnight trade, coinciding with unusually strong German inflation statistics. In July, annual producer inflation in […]