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News Headlines of 22 - 06 - 2017

PAKISTAN NEWS:

FOREIGN INVESTMENT SURPASSES $2BN IN JULY-MAY:
Foreign direct investment (FDI) amounted to more than $2 billion in July-May, up 22.6 per cent from a year ago, reported the State Bank of Pakistan (SBP) on Wednesday. In 2015-16, FDI amounted to $1.903bn. It was less than $1bn in 2014-15.


FUEL MARKING PLAN TO MINIMIZE OIL ADULTERATION:
Having failed to convince the prime minister and the finance minister to increase kerosene price, the petroleum ministry has decided to introduce the fuel marking programme with the support of oil marketing companies to minimise adulteration of petroleum products.

SAUDI STOCKS RISE AFTER NEW HEIR NAMED:
The Saudi stock market was up four per cent Wednesday on news that King Salman had named his powerful son as heir and that the exchange had moved closer to joining a major global index.

RISING IMPORTS BRING BOP UNDER PRESSURE:
Pakistan’s food, machinery and oil import bill rose nearly 32 per cent to $26.42 billion in July-May despite a decline in global prices of crude oil and grains.


SUBSTANDARD EQUIPMENT BEHIND KP POWER OUTAGES:
A sub-committee of the Senate Stan­ding Committee on Water and Power on Wed­nesday was informed that several grid stations in Khyber Pakh­tunkhwa were rendered non-functional or were underperforming mainly due to low quality equipment procured from China.

INTERNATIONAL NEWS:

DESTRUCTION OF AL-NURI MOSQUE ‘SHOWS IS DEFEATED’:
Iraqi Prime Minister Haider al-Abadi says the destruction of an ancient mosque in the city of Mosul is "an official declaration of defeat" by so-called Islamic State (IS). Iraqi forces say IS blew up the Great Mosque of al-Nuri and its famous leaning minaret as jihadists battled to stop advancing pro-government troops.

TRUMP TALKS UP SOLAR PANEL PLAN FOR MEXICO WALL:
US President Donald Trump has told supporters that his proposed wall along the border with Mexico could have solar panels fixed to it. Addressing a rally in Iowa, he said the panels would provide cheap energy and help to pay for the controversial wall.

PENTAGON ‘WASTED $28M’ ON AFGHAN CAMOUFLAGED UNIFORMS:
US taxpayers unnecessarily spent $28m on uniforms for the Afghan National Army, according to the US inspector general tasked with overseeing the war. In a scathing report, John Sopko said that officials bought "forest" pattern uniforms, despite the country's landscape being only 2.1% wooded.


WIMBLEDON CHAMPION BORIS BECKER DECLARED BANKRUPT:
Three-time Wimbledon tennis champion Boris Becker has been declared bankrupt by a London bankruptcy court. The 49-year-old owed a firm of private bankers a large sum and the court registrar said there was not enough credible evidence that he could pay.


FRUIT AND VEG FARMERS FACING MIGRANT LABOUR SHORTAGES:
UK summer fruit and salad growers are having difficulty recruiting pickers, with more than half saying they don't know if they will have enough migrant workers to harvest their crops.

PAKISTAN TECHNOLOGY NEWS:

UBER CEO TRAVIS KALANICK RESIGNS:
Today, it was reported that Travis Kalanick stepped down as CEO of ride-hailing service Uber. According to reports, Mr. Kalanick was beeing forced to step down from his post of CEO after encountering sedition from investors.


BEST ANDROID ANTIVIRUS APPS 2017:
Antivirus apps for Android remain one of the most popular kinds of applications on Android OS. Well, it is under debate whether or not these apps are needed. Let’s get into the detailed review of Best Android Antivirus Apps.

WIN BIG WITH TECNO THIS RAMADAN A CHANCE TO WIN MOTOR BIKE AND MANY MORE GIFTS!:
Tecno Mobile revealed its plan to enrich the month of Ramadan by giving its customers a chance to win big. Customers who will buy Tecno phones during the last 10 days of Ramadan can not only win cash vouchers of Rs/-5000 and different precious gifts every day, but also have a chance to enter into lucky draw.


SAMSUNG SHARES IFTAAR & GIFTS WITH ORPHANS IN LAHORE:
Samsung is contributing towards social-development to improve the quality of life for the poorest segments. During Ramadan, the company is pursuing a ‘Corporate Social Responsibility’ (CSR) campaign titled; ‘Let’s Celebrate Eid like Eid’ – with a philanthropic spirit. During Ramadan, numerous teams of Samsung employees and their families, will be visiting different orphanages and shelter-homes for old people, located in many different cities, to provide sumptuous iftaar-dinners and generous gifts to the deprived citizens.

 

INTERNATIONAL TECHNOLOGY NEWS:

WHATSAPP RISES AS A MAJOR FORCE IN NEWS MEDIA:
WhatsApp is becoming one of the prevailing ways people discover and discuss news, according to a study. But use of the messaging app appears to vary widely between countries.


GREEN LIGHT FOR UK DRIVERLESS CAR ROAD TRIALS:
A demonstration of driverless cars in Nuneaton will be followed later this year by trials on public roads. Autodrive - a collaboration between Jaguar Land Rover, Ford and Tata Motors - showed off how autonomous cars can talk to each other.

MICROSOFT ADMITS DISABLING ANTI-VIRUS SOFTWARE FOR WINDOWS 10 USERS:
Microsoft has admitted that it does temporarily disable anti-virus software on Windows PCs, following an competition complaint to the European Commission by a security company.


GOOGLE’S DEEPMIND EXTENDS CONTROVERSIAL STREAMS APP:
Google's DeepMind has extended the use of its Streams health app to Musgrove Park Hospital in Somerset. The app, which helps doctors and nurses spot signs of kidney failure, proved controversial when it was rolled out at the Royal Free hospital in London.

 

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