Business Recorder

Iranian media suggested explosions in southern Iran on Saturday evening were related to Iranian military activities rather than US strikes while both sides reported that shipping had been hit in or near the Strait of Hormuz. Read more: brecorder.com/news/40448009/… #IranWar

President Donald Trump vowed Sunday to bounce back stronger from a massive midterm elections loss that he called a “giant step back in history” for the United States. Read more: brecorder.com/news/40448007/… #DonaldTrump #Elections

KP Governor Faisal Karim Kundi on Sunday said intelligence-based operations are necessary to restore law and order and eliminate terrorism in the province, ruling out talks with those who reject the state, Constitution and law and take up arms. brecorder.com/news/40448006/… #KPK

Wheeling its way between dining booths at a neon-lit restaurant in Pakistan’s Karachi megacity, a robot waitress drops off a fresh pizza to an awaiting family. Read more: brecorder.com/news/40448005/… #Robot #Karachi #Restaurant

Pakistan defeated India by three wickets in their Group A match of the Asian Cricket Council (ACC) Under-19 Asia Cup at Al Amerat on Sunday, chasing a target of 209 runs in 48.1 overs. Read more: brecorder.com/news/40447994/… #ACC #AsiaCupU19

Prime Minister Shehbaz Sharif on Sunday met Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif at Jati Umra in Lahore to discuss the country’s political situation, economic affairs and other key issues. Read more: brecorder.com/news/40448002/… #PMLN

Three oil tankers caught fire on Sunday in the Strait of Hormuz, where Iran regularly targets ships that transit without its authorisation, the Revolutionary Guards said in a statement. Read more: brecorder.com/news/40447998/… #IranWar

Captain Babar Azam hopes an overhauled Pakistan can make a fresh start in the first Test against Sri Lanka that begins in Rawalpindi on Monday after their disastrous series against England. Read more: brecorder.com/news/40448001/… #PakVsSL #BabarAzam

President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Sunday extended warm greetings to the Hindu community in Pakistan and around the world on the joyous occasion of Diwali. Read more: brecorder.com/news/40447997/… #ShehbazSharif #PresidentAsifAliZardari #Diwali

Pakistan’s bowlers restricted India to 208 runs in 46.3 overs in their Group A match of the Asian Cricket Council (ACC) Under-19 Asia Cup at Al Amerat on Sunday. Read more: brecorder.com/news/40447994/… #U19AsiaCup #India #Pakistan

Grand operation against encroachments and illegal constructions is in full swing in Ring Road and adjacent areas in the provincial capital Peshawar. Read more: brecorder.com/news/40447952/… #Antiencroachment #Peshawar

At least 33 people were killed and 39 wounded in what the Houthi-run Saba news agency said ​were Saudi airstrikes on a village near Yemen’s capital Sanaa ‌on Saturday. Read more: brecorder.com/news/40447990/… #SaudiArabia #airstrikes #Houthi

Multiple loud booms were heard ​in ​the Saudi capital Riyadh ⁠shortly after ​Civil Defence ​issued an early-warning alert of a ​potential threat, ​a Reuters witness said, ‌as ⁠hostilities between the kingdom and Yemen’s ​Houthis ⁠persisted. Read more: brecorder.com/news/40447988/…

Owing to a reduction in fuel prices, the rates of essential kitchen items have declined during the past week compared to the preceding week, a survey conducted by Business Recorder here on Saturday revealed. Read more: brecorder.com/news/40447940 #fuelprices #kitchenitems

Qatar’s Prime Minister said the country’s mediation efforts between the US and Iran were continuing to prevent the situation in the region from spiraling out of control, Al Jazeera TV reported on Saturday. Read more: brecorder.com/news/40447969/… #Qatar #USandIran

The ECP has summoned Information Minister Atta Tarar over alleged violation of the electoral code of conduct related to the National Assembly’s seat NA-77 Gujranwala, where by-election is scheduled today (Sunday). Read more: brecorder.com/news/40447973/… #ECP #AttaullahTarar

Dry and hot weather persisted in Karachi on Saturday, with the Met Office warning that wide swings between day and night temperatures could pose health risks to people and animals. It advised the public to take precautions. Read more: brecorder.com/news/40447953/… #temperatures

The CCP has approved a proposed joint venture between Nestlé S.A. and Forward I S.à r.l., an entity controlled by Platinum Equity, following a Phase-I assessment under the Competition Act, 2010. Read more: brecorder.com/news/40447900/… #CCP #NestléPlatinumEquity

The Power Division denies an industrial tariff hike, clarifying that Rs25.30 per unit is the revised ICP marginal rate, not the applicable industrial tariff. Read more: brecorder.com/news/40447972/… #ICP #IndustrialTariff #electricity

India’s The Times of India acknowledges Pakistan’s forex reserves rising by $110 million to $26.864 billion despite global energy market disruptions. Read more: brecorder.com/news/40447974/… #Pakistan #India