Toshiba reaches deal to help resolve Westinghouse bankruptcy, rebuild finances

Toshiba reaches deal to help resolve Westinghouse bankruptcy, rebuild finances

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...

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One killed, six injured in Karachi grenade attack

One killed, six injured in Karachi grenade attack

KARACHI: At least one person was killed and six others were wounded when unidentified armed men hurled a hand grenade at a cloth market in Kharadar area of Karachi on Thursday. Police and Rangers reached the site of the attack near Akhwan Masjid Kharadar and the victims were rushed to the...

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Explosive Press Conference turned into Smoke: Imran Khan defends his statement cursing Parliament

Explosive Press Conference turned into Smoke: Imran Khan defends his statement cursing Parliament

ISLAMABAD: Pakistan Tehreek-e-Insaf chairman Imran Khan began his much-awaited presser that he earlier described would be ‘explosive’, in which he repeated diatribe against Nawaz Sharif saying the wealth of former prime minister expanded ‘manifold’ after 1992. Khan was shortly questioned by journalists to explain his statement he made a day earlier cursing...

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Regulatory fears hammer bitcoin below $10,000, half its peak

Regulatory fears hammer bitcoin below $10,000, half its peak

LONDON/TOKYO – Bitcoin fell as much as 20 percent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills due to investor fears that regulators could clamp down on them in an effort to curb speculation. The world’s biggest and best-known cryptocurrency at one point lost 30 percent of...

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Facebook widens probe into alleged Russian meddling in Brexit

Facebook widens probe into alleged Russian meddling in Brexit

SAN FRANCISCO  – Facebook Inc (FB.O) said on Wednesday it would conduct a new, comprehensive search of its records for possible propaganda that Russian operatives may have spread during the run-up to Britain’s 2016 referendum on EU membership. Some British lawmakers had complained that the world’s largest social media network...

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Exclusive: Amazon Studios to cut back on indie films in programing shift: sources

Exclusive: Amazon Studios to cut back on indie films in programing shift: sources

SAN FRANCISCO/NEW YORK  – Amazon.com Inc, which has made waves in recent years buying art-house movies at the Sundance Film Festival, is heading to the prestigious event this week with a long-term change in the works: It plans to shift resources from independent films to more commercial projects, people familiar...

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Google, Temasek coming in as new investors in Indonesia’s Go-Jek: sources

Google, Temasek coming in as new investors in Indonesia’s Go-Jek: sources

SINGAPORE (Reuters) – Alphabet Inc’s Google (GOOGL.O), Singapore state investor Temasek Holdings and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said. Go-Jek’s existing investors such as global private equity firms KKR & Co LP (KKR.N) and Warburg...

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NA passes resolution condemning Imran’s anti-parliament remarks

NA passes resolution condemning Imran’s anti-parliament remarks

The National Assembly on Thursday passed a resolution condemning Pakistan Tehreek-e-Insaf Chairman Imran Khan and Awami Muslim League chief Sheikh Rasheed for their statements undermining the parliament. All major political parties, including Pakistan People’s Party (PPP), Pakistan Muslim League – Nawaz (PML-N), Muttahida Qaumi Movement (MQM) and Awami National Party...

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Two polio workers gunned down in Quetta

Two polio workers gunned down in Quetta

QUETTA: Unidentified armed men attacked on Thursday a polio vaccination team in Shalkot area of the city. Two lady health workers were killed as a result of the firing, the police informed. Police officials reached the site of the attack after the incident and launched an investigation.  A polio immunisation...

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6 persuasion techniques used by scammers on the internet and how to identify them

6 persuasion techniques used by scammers on the internet and how to identify them

You may have read or heard the expression “social engineering”, but do you know what it means? In political science, the term is used to talk about the influences and actions that certain governments and power classes use on society to try to change it. But in computer security, the...

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Woman hangs herself after husband ‘delays shopping trip by a day due to office work’

Woman hangs herself after husband ‘delays shopping trip by a day due to office work’

LUCKNOW: An Indian woman died after she hanged herself as husband delayed a planned shopping trip by a day. Deepak Dwivedi says he told his 23-year-old wife Deepika on Saturday that he would not be able to go shopping then but would have to do the trip the next day...

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Old hands in South Korea Bitcoin market unfazed by threats of ban

Old hands in South Korea Bitcoin market unfazed by threats of ban

SEOUL/HONG KONG  – Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent. Although the cryptocurrency market lost about $200 billion this week, or a third of its...

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Apple plans new U.S. campus, to pay $38 billion in foreign cash taxes

Apple plans new U.S. campus, to pay $38 billion in foreign cash taxes

 Apple Inc (AAPL.O) will open a new campus as part of a five-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S....

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Exclusive: Trump denies U.S. embassy to be moved to Jerusalem within a year

Exclusive: Trump denies U.S. embassy to be moved to Jerusalem within a year

WASHINGTON – President Donald Trump denied on Wednesday that the planned relocation of the U.S. embassy in Israel to Jerusalem would take place within a year, after Prime Minister Benjamin Netanyahu said he expected the controversial move to happen by then. Reversing decades of U.S. policy, Trump in early December...

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Taliban leader approved Islamabad meeting on Afghan peace talks: sources

Taliban leader approved Islamabad meeting on Afghan peace talks: sources

ISLAMABAD: A delegation approved by the Taliban’s supreme leader visited Islamabad this week for exploratory talks on restarting peace negotiations to end Afghanistan’s 16-year war, two senior officials in the movement said. It was unclear if any progress was made in the unofficial meetings with a representative of a prominent Afghan...

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Imran under fire for statement against parliament

Imran under fire for statement against parliament

Opposition leader in the National Assembly Khursheed Shah on Thursday rejected anti-parliament comments made by Pakistan Tehreek-e-Insaf chairman Imran Khan during the rally organised by Pakistan Awami Tehrik protesting Model Town carnage of 2014, Express News reported. Speaking to the media in Lahore, Shah said his party dismisses remarks made...

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Nadal dominant on a day of close calls

Nadal dominant on a day of close calls

MELBOURNE: World number one Rafael Nadal swept into the Australian Open third round to keep his Grand Slam title hunt on track on Wednesday, as Caroline Wozniacki and Grigor Dimitrov pulled off great escapes to stay in contention. Top seed Nadal beat Argentine Leonardo Mayer 6-3, 6-4, 7-6 (7-4) and...

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NZ, SA reach Super League stage; WI dethroned

NZ, SA reach Super League stage; WI dethroned

CHRISTCHURCH: New Zealand, South Africa and Afghanistan became the first teams on Wednesday to qualify for the Super League round of the ICC Under-19 World Cup, while West Indies lost their title they won in 2016 after suffering a second straight league-round defeat. New Zealand openers Jakob Bhula and Rachin...

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Brazil great Ronaldinho retires from football

Brazil great Ronaldinho retires from football

SAO PAULO: Ronaldinho, “the ever-smiling magician” of Barcelona, as described by his former club, has ended his professional career. Roberto Assis, the brother and agent of the 2005 Ballon d’Or winner, announced on Tuesday that the 37-year-old wants to play a series of farewell matches from August and then focus...

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The United States suspends more than half of the US $ 125 million that it planned to deliver to the UN agency for Palestinian refugees

The United States suspends more than half of the US $ 125 million that it planned to deliver to the UN agency for Palestinian refugees

The United States government announced on Tuesday that it suspends more than half of the US $ 125 million it gives to the specialized agency of the United Nations for the support of Palestinian refugees (UNRWA, for its acronym in English). The US authorities said they will provide US $...

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The technological error that explains how an official activated a ballistic missile alert that sparked panic in Hawaii

The technological error that explains how an official activated a ballistic missile alert that sparked panic in Hawaii

A short but forceful message shook the people of Hawaii this weekend. “Threat of ballistic missile launch for Hawaii, seek refuge immediately, this is not a simulacrum”, said the message that unleashed the chaos. It was a notification that was sent on Saturday morning – at 08:07 (18:07 GMT) –...

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Two women killed as Indian forces opened fire across LoC

Two women killed as Indian forces opened fire across LoC

Two women were shot dead and five people injured in cross-border firing along the Line of Control (LoC) in Sialkot’s Chaprar sector between Wednesday night and Thursday morning, Inter-Services Public Relations (ISPR) said in a press release. According to the military’s media wing, Indian forces continued their ‘unprovoked’ ceasefire violations and “targeted...

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AD Khwaja to remain IG Sindh, SC tells Sindh government

AD Khwaja to remain IG Sindh, SC tells Sindh government

The Supreme Court, on Thursday, quashed Sindh government’s attempt to replace current Inspector General Pakistan (IGP) Sindh AD Khawaja. The government nominated Sardar Abdul Majeed Dasti, a grade 22 officer, as Khawaja’s replacement. However, the apex court said, “Khawaja is to retain his post.” Under the leadership of Chief Justice...

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When is mold in food dangerous to health?

When is mold in food dangerous to health?

I throw it or I eat it? Surely you’ve ever wondered this when reopening a half-forgotten bottle of tomato sauce or jam and finding a grayish fluff on the surface. Molds are microscopic fungi that feed on animal or vegetable matter. Meats, cheeses, fruits, vegetables and breads succumb to their invasion. What...

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Two women martyred in cross-border Indian firing in Sialkot

Two women martyred in cross-border Indian firing in Sialkot

RAWALPINDI: Two women were martyred and five people injured as a result of unprovoked Indian firing across the Working Boundary in Sialkot, the army’s media wing said on Thursday. According to the Inter-Services Public Relations (ISPR), five other civilians including three women were injured in the cross-border firing by Indian...

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Two Balochistan Constabulary personnel martyred in Quetta

Two Balochistan Constabulary personnel martyred in Quetta

QUETTA: Two Balochistan Constabulary personnel were martyred and one injured in Quetta at Double Road on Thursday, confirmed SSP Operations. The injured was shifted to a nearby hospital for immediate treatment. Police has reached the crime site and sealed it to collect the pieces of evidence. On Jan 2, at...

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French saxophone maker Selmer sells stake to face up to Chinese pressure

French saxophone maker Selmer sells stake to face up to Chinese pressure

MANTES-LA-VILLE, France  – Its saxophones are played by the most famous jazzmen around the world and have even been sent into space, but growing competition from China pushed the French family company Henri Selmer Paris to sell a majority stake to an investment fund. The saxophone maker, founded in 1885...

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Two women abducted from Karachi’s Korangi area

Two women abducted from Karachi’s Korangi area

KARACHI: The police have registered a kidnapping case of two young women who were allegedly abducted from the Korangi Road. The case was registered on complaint of a woman against unidentified kidnappers. According to Saddar SHO Shabbir Haider, a woman, H*, approached the police late Tuesday night about the kidnapping of...

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Lebanon allows Spielberg film ‘The Post’ after censorship threat

Lebanon allows Spielberg film ‘The Post’ after censorship threat

BEIRUT  – Lebanon will let cinemas show Stephen Spielberg’s latest film “The Post” after the interior minister ruled on Wednesday against a request to ban it over the director’s links to Israel. Activists had campaigned against the film because Spielberg gave financial support to Israel during its 2006 war with...

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If Zainabs and Asmas cannot stop us from playing politics, nothing will: CM Punjab

If Zainabs and Asmas cannot stop us from playing politics, nothing will: CM Punjab

LAHORE: Punjab Chief Minister Shehbaz Sharif took to Twitter on Wednesday, appealing to all to rise above biases. “If our Zainabs and Asmas cannot stop us from playing sordid political games and unite us for safety and bright future of our children, nothing else will,” he said. Earlier during his...

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Empty seats in opposition rally confirm Nawaz’s stance: Maryam

Empty seats in opposition rally confirm Nawaz’s stance: Maryam

LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz said on Wednesday that empty seats in allied opposition’s rally in Lahore confirmed Nawaz Sharif’s stance that the conspirators should have patience until 2018 or even beyond that. “The empty seats testify that the people have confirmed Nawaz Sharif’s stance that conspirators...

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Shari Redstone explores adding new CBS directors: WSJ

Shari Redstone explores adding new CBS directors: WSJ

 Shari Redstone, a controlling shareholder of CBS Corp, has discussed adding new directors to the CBS board as she renews her push to merge the company with Viacom Inc, The Wall Street Journal reported on Wednesday. Shari Redstone and Sumner Redstone, her ailing 94-year-old father, together control both CBS and...

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Scathing Trump book ‘Fire and Fury’ heads to television

Scathing Trump book ‘Fire and Fury’ heads to television

LOS ANGELES  – Michael Wolff’s explosive behind-the-scenes book about U.S. President Donald Trump, “Fire and Fury,” is headed for television, Hollywood trade publications reported on Wednesday. Hollywood entertainment company Endeavor Content has bought the rights to the best-selling book and plans to adapt it for a television series, Variety and...

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Bilawal lashes out at Nawaz Sharif, Imran Khan in Badin rally

Bilawal lashes out at Nawaz Sharif, Imran Khan in Badin rally

BADIN: Pakistan Peoples Party’s (PPP) Chairman Bilawal Bhutto Zardari on Wednesday said there is a clash between two ‘ladlay‘ (favourites) in the country. “One favourite says that he owns assets but he is told that he owns none while the other favourite says he does not own assets but the...

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Sheikh Rasheed announces resignation from National Assembly

Sheikh Rasheed announces resignation from National Assembly

Awami Muslim League chief Sheikh Rasheed Ahmed has announced to resign from the National Assembly seat. While addressing the joint opposition rally Wednesday, the AML chief not only announced to resign from the National Assembly seat he was elected on, but also demanded Pakistan Tehreek-e-Insaf Chairperson Imran Khan does the...

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Imran flays parliament for allowing ‘criminal’ to become party chief

Imran flays parliament for allowing ‘criminal’ to become party chief

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Wednesday lambasted the parliament for allowing a ‘criminal’ to be elected as a party president.  “I curse the parliament that made a criminal the president of a party,” he said, in an apparent reference to Pakistan Muslim League – Nawaz’s (PML-N) decision...

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‘Jersey Shore’ star Sorrentino to plead guilty in tax case

‘Jersey Shore’ star Sorrentino to plead guilty in tax case

 Former reality TV celebrity Michael “The Situation” Sorrentino is expected to plead guilty in a tax evasion case where U.S. prosecutors accused him and his brother of hiding millions of dollars he made while starring in the MTV series “Jersey Shore.” In a letter dated Wednesday, prosecutors said Sorrentino and...

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Hindi Medium actor Saba Qamar gets emotional as she recalls humiliating experience at international airports

Hindi Medium actor Saba Qamar gets emotional as she recalls humiliating experience at international airports

Saba Qamar was in tears as she mentioned how humiliated she feels with the way she is frisked at the airports just because she owns a Pakistani passport. If you think it is only Shah Rukh Khan who faced the brunt of discrimination at international airports, then you might not...

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CJCSC highlights Pakistan’s counter-terror efforts at NATO session in Brussels

CJCSC highlights Pakistan’s counter-terror efforts at NATO session in Brussels

RAWALPINDI: Chairman Joint Chiefs of Staff Committee (CJCSC) General Zubair Mahmood Hayat Wednesday highlighted Pakistan’s efforts and achievements in counter-terrorism domain at a Chiefs of Staff session of NATO Military Committee in Brussels, the Inter-Services Public Relations said. The meeting was attended by representatives of 66 NATO and partner nations,...

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Anger on social media after Waziristan man killed in Karachi ‘encounter’

Anger on social media after Waziristan man killed in Karachi ‘encounter’

Acquaintances and relatives of a man who was killed in an allegedly staged encounter by police in Karachi last week have disputed the police claim that the deceased was a militant affiliated with the banned Tehreek-i-Taliban Pakistan (TTP). Naqeebullah, a 27-year-old hailing from South Waziristan, was allegedly among four suspects killed...

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