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27-10-2022 BERN/ RIYADH: Swiss bank Credit Suisse has announced plans to raise billions in new capital, slash 9,000 jobs and revamp its investment banking unit, in the latest effort to turn the group’s fortunes around. Switzerland’s second-biggest lender reported huge third-quarter losses on Thursday as it launched a strategic review …

27-10-2022 TEHRAN/ SHIRAZ: As many as 15 people have been killed and 41 others injured in an attack on a Shia religious shrine in the southern Iranian city of Shiraz, according to the country’s state media agency, IRNA. The report said that the attack, which took place at the Shah …

27-10-2022 LONDON: A UK court Wednesday rejected an appeal against deportation to Pakistan by two members of a gang jailed a decade ago for grooming young girls for sex in northern England. In a ruling by an immigration tribunal, judges said there was a “very strong public interest” in removing …

27-10-2022 BEIJING: President Xi Jinping said China is willing to work with the United States to find ways to get along to the benefit of both, state broadcaster CCTV reported on Thursday. As major powers, China and the United States should strengthen communication and cooperation to help provide stability to …

26-10-2022 TEHRAN: Iranian security forces have clashed with people taking part in a memorial for Mahsa Amini, according to a semi-official news agency, as thousands gathered in her hometown of Saqqez to mark 40 days since her death. “A limited number of those present at Mahsa Amini’s memorial clashed with …

26-10-2022 By SJA Jafri + Bureau Report ISLAMABAD/ KARACHI: Pakistan’s Prime Minister Shehbaz Sharif has announced the formation of an inquiry committee that will travel to Kenya to investigate the circumstances behind the murder of investigative journalist Arshad Sharif, who was shot dead in Nairobi on Sunday night. The two-member …

25-10-2022 PARIS/ KYIV/ MOSCOW: Western countries have accused Russia of plotting to use a threat of a dirty bomb laced with nuclear material as a pretext for escalation in Ukraine as Moscow evacuated civilians from a southern city in anticipation of a major battle. With Ukrainian forces advancing into Russian-occupied …

25-10-2022 By SJA Jafri + Bureau Report LONDON/ GUJRANWALA/ LAHORE: The Conservative Party leader Rishi Sunak is set to make history by becoming the first Hindu and first non-white person of Pakistan and Indian origin to become Britain’s prime minister. Rishi Sunak MP, 42, was born in Southampton to Hindu-Punjabi …

25-10-2022 GAZA/ WEST BANK/ JERUSALEM: Amnesty International has called on the International Criminal Court (ICC) to investigate possible war crimes following the “unlawful attacks” committed during Israel’s deadly assault on the Gaza Strip in August. Israeli forces “boasted” of the precision of their attacks on Gaza in August, said Amnesty …

24-10-2022 Bureau Report NEW DELHI: Chinese smartphone makers in India are operating in an increasingly difficult business environment, punctuated by the legal woes market leader Xiaomi has encountered for much of this year. In April, the Enforcement Directorate, India’s federal financial crime agency, seized $676 million (€690 million) in Xiaomi’s …