Monday , 23 April 2018
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SBP issued currency notes worth Rs. 161 billion for Eid-ul-Azha

SBP issued currency notes worth Rs. 161 billion for Eid-ul-Azha

According to a press release, SBP Banking Services Corporation (SBP BSC) made elaborate arrangements with a focus to cover maximum stakeholders including the general public. “The SBP issued fresh banknotes of Rs.161 billion as compared to Rs.116 billion issued on previous Eid-ul-Azha. This included lower denomination notes (up to Rs.100) of Rs.20 billion and higher denomination banknotes (Rs.500 and above) ... Read More »

Samsung to halt Note 7 TV ads until new sales resume: source

According to Reuters, the person said ads already paid for would run until the end of their respective contracts but TV advertisements for the phones should end in South Korea sometime this week. The person, who was not authorised to speak to media on the matter, declined to be identified. A Samsung spokeswoman declined to comment. AFP adds: Samsung Electronics ... Read More »

IMF boss Lagarde to go on trial in France December 12

IMF boss Lagarde to go on trial in France December 12

Lagarde, 60, will be tried for negligence by the Court of Justice of the Republic, a tribunal that hears cases against ministers accused of wrongdoing in the discharge of their duties. The International Monetary Fund boss, who has repeatedly protested her innocence, faces up to a year in prison and a fine of 15,000 euros ($16,850) if found guilty. The ... Read More »

Facebook announces payment capabilities for Messenger service

Facebook announces payment capabilities for Messenger service

David Marcus, VP of messaging products at Facebook, said at the TechCrunch Disrupt conference that the company was working with a number of payment providers including PayPal, Visa, Mastercard, American Express and Stripe to implement the features. Also Read: Facebook Messenger adds live video broadcasting For more such news…. visit our Science And Technology Section   Source By : ‘ARY ... Read More »

Twitter shares dive after update disappoints

Twitter shares dive after update disappoints

Shares were down nearly 11 per cent at $16.45 in after-hours trade following the report, which showed Twitter’s loss narrowed to $107 million in the second quarter from $136 million a year earlier. Significantly, for investors, the number of monthly active users edged up to 313 million, up three per cent from a year ago and only slightly more than ... Read More »

Amazon to test delivery drones in Britain

Amazon to test delivery drones in Britain

The partnership aims to understand how drones can be used safely and reliably, and identify the regulations to put in place, it said in a statement. Amazon got British approval for three new types of tests: flying drones that are no longer within sight of their operators in rural and suburban areas; having one person operate several highly automated drones; ... Read More »

Yahoo seals $4.8 bn deal to sell core assets to Verizon

Yahoo seals $4.8 bn deal to sell core assets to Verizon

The agreement announced by the two companies after months of negotiations comes following a years-long decline for the iconic firm that introduced many people around the world to the internet. Verizon chief executive Lowell McAdam said Yahoo would be integrated into its recently acquired AOL unit to create “a top global mobile media company, and help accelerate our revenue stream ... Read More »

Nintendo shares plunge on Pokemon Go warning

Nintendo shares plunge on Pokemon Go warning

The stock dived 17 per cent to 23,405 yen by the break after the Kyoto-based firm warned in a statement Friday evening that the hugely popular game would have only a “limited” impact on its bottom line. Markets had cheered the app’s global success as a great sign for Nintendo’s nascent move into the mobile games market. That sent it ... Read More »

G20 nations warn of Brexit risk to global growth

G20 nations warn of Brexit risk to global growth

Just three months ago, G20 government representatives and central bank chiefs cited Britain’s potential exit as one among many “downside risks” for the global economy. But with the shock vote in June for Britain to leave, the issue has come to the forefront. Bank of Japan governor Haruhiko Kuroda said Saturday that it was a “major” item on the agenda ... Read More »

Amazon CEO becomes 3rd richest man behind Gates, Ortega

Amazon CEO becomes 3rd richest man behind Gates, Ortega

Bezos, with a net worth of $65.1 billion, overtook Chairman and CEO of Berkshire Hathaway Warren Buffet who has a net worth of $65.0 billion. Owner of Microsoft Bill Gates tops the list of the richest persons in the world with net worth of $89.1 billion followed by Chairman of the Inditex fashion group Amancio Ortega ($73.4 billion). Chief Executive ... Read More »