Metal fatigue suspected in B777 engine scare
NEW YORK: Metal fatigue has emerged as the chief suspect in last week's spectacular engine failure on a United Airlines plane, which scattered debris over suburban Denver and led to dozens…
NEW YORK: Metal fatigue has emerged as the chief suspect in last week's spectacular engine failure on a United Airlines plane, which scattered debris over suburban Denver and led to dozens…
NEW YORK: Dozens of Boeing 777 planes were grounded worldwide Monday following a weekend scare on a United Airlines' plane that suffered engine failure and scattered airplane debris over suburban…
MANHATTAN: UN Secretary-General Antonio Guterres has called for global action to bring the world back on track in the face of myriad challenges. “Our global tests and challenges are getting…
LONDON: Bitcoin hit a new record high on Friday and surpassed $1 trillion in market capitalization, while European and US equities also pushed higher. The digital unit zoomed to another…
ISLAMABAD: The Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) on Wednesday recommended for the viable proposals to open Sust border for whole year for increasing the bilateral trade between Pakistan…
FAISALABAD: European Union (EU) investors are considering to set up large-scale industries in Pakistan for technology transfer. This was stated by EU Ambassador Ms. Androulla Kaminara while addressing a meeting…
KARACHI: Sindh Environmental Protection Agency (SEPA) has issued Environmental Protection Order (EPO) to Creek Marina Builders and Developers directing them to stop construction of the building which is being constructed…
FRANKFURT AM MAIN: Germany sportswear group Adidas has stated on Tuesday (16th of Februry, 2021) that it would sell off its US subsidiary Reebok after struggling for years to lift the…
LONDON: Britain's economy shrank by a record 9.9 percent last year on the fallout from the coronavirus, official data showed Friday, but a rapid vaccines rollout has boosted the outlook. Finance…
ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar Friday said the country's large industry was showing strong growth as it increased by 11.4 percent in December 2020 as…
KARACHI: Following were the movements of ships and cargo handling at the Karachi Port Trust (KPT) during thelast 24 hours, ending at 0700 hours on Friday. SHIPS BERTHED: MSC Nicole…
ISLAMABAD: The KSE-100 index of the Pakistan Stock Exchange (PSX) Wednesday witnessed a slight bearish trend, losing 30.48 points, with negative change of 0.07 percent, closing at 46,644.29 points against…
ISLAMABAD: The Supreme Court on Tuesday directed the Privatization Commission (PC) to submit plan regarding privatization of Pakistan Steel Mill (PSM). The court directed the Privatization Commission to submit details…
BERLIN: German exports fell more than 9.0 percent in 2020, official data showed Tuesday, with the coronavirus pandemic sparking the biggest drop in over a decade for Europe's biggest economy.…
TOKYO: Crisis-hit Japanese carmaker Nissan on Tuesday upgraded its full-year forecast for the second straight quarter, as the global auto industry shows signs of recovery from the coronavirus pandemic. The…
ISLAMABAD: Pakistan Railways is all set to outsource the commercial management of its eight passenger trains to transform the department into a profitable entity. The passenger trains included Sir Syed…
ISLAMABAD: Ambassador of Italy to Pakistan Andreas Ferrarese on Sunday said Gilgit Baltistan has huge potential in agriculture and livestock and transfer of technology would be must to promote the…
PARIS: French pharmaceuticals giant Sanofi, under fire for a delay in its Covid-19 vaccine, reported Friday much higher 2020 earnings and a bigger shareholder payout. It said net profit jumped…
PESHAWAR: The Food and Agriculture Organization has introduced high tunnel-farming with drip-irrigation systems in newly merged tribal districts to promote off-season crop production through agro-technology in the wide-range climate of…
HELSINKI: Finnish telecoms equipment and 5G player Nokia announced Thursday a fall in net income for 2020 despite a strong fourth quarter, and warned of "meaningful headwinds" this year. "We…
KARACHI: According to Pakistan Cotton Ginners Association (PCGA)'s report country’s cotton production fell by 34.35 per cent to 5.571 million bales up to Jan 31 against 8.487m bales produced in…
HONG KONG: Most Asian markets built on the week's rally Wednesday, boosted by US stimulus hopes and signs of easing virus infections as well as improvements in vaccination program. Support…
WASHINGTON: One declined to prosecute Bill Cosby for rape, trading lawsuits instead with his alleged victim; another considered defending alleged sex trafficker Jeffrey Epstein. The two lawyers former president Donald…
BRUSSELS: The eurozone economy shrank less than expected in 2020 given the devastating consequences of the covid-19 pandemic, official data showed on Tuesday. The Eurostat statistics agency said the eurozone…