Monthly Archive:: December 2017

US, Turkey put end to visa spat

WASHINGTON: The United States and Turkey on Thursday turned the page on a visa crisis triggered nearly three months ago by the arrest of a staff member at the American mission in Ankara, but relations between the Nato allies remain tense. The two sides …

Apple hit with lawsuit for slowing down iPhones

CHICAGO: IPhone owners from several states sued Apple Inc. for not disclosing sooner that it issued software updates deliberately slowing older-model phones so aging batteries lasted longer, saying Apple’s silence led them to wrongly conclude that their only option was to buy …

Vin Diesel is the highest grossing actor of 2017

Vin Diesel has earned the title of the top grossing actor this year, reported Forbes. The actor earned $1.6 billion in global ticketing receipts owing to the highly successful eighth installment of Fast And The Furious. The film grossed $1.2 billion at the global …

Djokovic determined to learn from injury toll

ABU DHABI: Former world number one Novak Djokovic admitted late on Tuesday his six-month absence from tennis has taught him never to take his career for granted, describing his injury agony as a ‘roller-coaster ride’. The 30-year-old Serb has not played since Wimbledon in …

Saudi Arabia, Egypt outperform in weak region

DUBAI: Saudi Arabia’s stock market rose in a mostly weak Gulf region on Tuesday after data showed deflationary pressure on the economy easing, while Egypt also gained but trading volume remained very low because of the end-of-year holiday period. The Saudi index …

PSX soars as benchmark index gains 621 points

The Pakistan Stock Exchange (PSX) soared on Wednesday, with the benchmark KSE-100 index gaining 621 points, up 1.57 per cent, a day after the government finalised its team to manage the country’s finances in the absence of Finance Minister Ishaq Dar. The other good …