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☆ Emirates is dealing with a 30,000 bag backlog as it grovels to customers about its handling of Dubai floods
▼ + stars: | 2024-04-22 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Read previewEmirates, the Middle East's largest airline, is still trying to return 30,000 leftover bags to customers affected by the torrential rains and flooding that brought Dubai Airport to a standstill last week. Related storyTo accommodate disrupted passengers, Emirates said it had secured 12,000 hotel rooms and issued 250,000 meal vouchers. AdvertisementDespite the chaos and a government warning telling people to stay at home, Emirates flight attendants in Dubai were also told to report for duty. The airline officially resumed regular flight operations at Dubai Airport on Saturday, but warned it would still take several days to clear the backlog. In a sign of its growing popularity, the number of passengers traveling to Dubai Airport increased by 31.7% in the last year.

Persons: —, Tim Clark, Clark, GIUSEPPE CACACE Organizations: Service, Emirates, Dubai, Business, Reuters, Dubai Airport, Air Missions, PTI, United Locations: Emirates, Dubai, UAE, United Arab Emirates, Gulf

☆ Shehbaz Sharif: Pakistani legislators elect new prime minister to head coalition
▼ + stars: | 2024-03-03 | by ( Azaz Syed | ) edition.cnn.com time to read: +1 min

Islamabad CNN —Pakistani legislators on Sunday elected Shehbaz Sharif as the country’s prime minister nearly a month after a general election marred by delays and widespread allegations of vote-rigging. The official results from the February 8 poll had independent candidates affiliated with former Prime Minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party securing the most seats in parliament, with 102. The Pakistan Muslim League Nawaz party (PMLN), headed by former Prime Minister Nawaz Sharif who is also the older brother of Shehbaz Sharif, came in second with 73 seats, and their long-term rivals the Pakistan People’s Party (PPP) won 54 seats. Shehbaz Sharif will become prime minister for the second time, leading a coalition government with the PMLN. Following the vote in the lower house of parliament, opposition party members began chanting at Sharif as he addressed parliamentarians, calling him a thief.

Persons: Shehbaz Sharif, Imran Khan’s, Pakistan Muslim League Nawaz, Nawaz Sharif, Shehbaz, Sharif Organizations: Islamabad CNN, Sunday, Pakistan Muslim League, Pakistan People’s Party Locations: Islamabad, Imran Khan’s Pakistan, Shehbaz Sharif

The Pakistan Muslim League-Nawaz (PMLN) and the Pakistan People’s Party (PPP) announced the coalition late Tuesday, naming former premier Shehbaz Sharif as prime minister and Asif Ali Zardari as president. Aamir Qureshi/AFP/Getty ImagesIndependent candidates affiliated with former Prime Minister Khan’s Pakistan Tehereek-e-Insaf (PTI) party secured the most parliamentary seats, in a stunning victory for the jailed cricket icon. But none of the three major parties that contested won the necessary seats to declare a majority in parliament. Shortly after the coalition announcement, the PTI accused the PMLN and PPP of stealing their mandate to govern. Sharif is on course to become prime minister for the second time, with Asif Ali Zardari, the husband of Pakistan’s slain former leader Benazir Bhutto, by his side.

Persons: Imran Khan, Shehbaz Sharif, Asif Ali Zardari, “, ” Sharif, Aamir Qureshi, Khan’s, ”, Khan, Nawaz Sharif, Asim Hafeez, Sharif, Pakistan’s, Benazir Bhutto Organizations: Pakistan CNN —, Pakistan Muslim League, Nawaz, Pakistan People’s Party, Getty, PTI, Pakistan People's Party, Bloomberg Locations: Islamabad, Pakistan, Kasur, Punjab, Khan’s Pakistan, Karachi

☆ Ex-Pakistan Premier Imran Khan's Party Nominates Omar Ayub as PM Candidate
▼ + stars: | 2024-02-15 | by ( Feb. | At A.M. | ) www.usnews.com time to read: 1 min

(Reuters) - The Pakistan Tehreek-Insaaf (PTI) party run by former Prime Minister Imran Khan has nominated party general secretary Omar Ayub as its candidate for prime minister, another party leader said on Thursday. Independent candidates backed by jailed former premier Imran Khan have won 92 seats in last week's election, making them the largest group, but they cannot form a government on their own, having run as individuals and not a party.

Persons: Imran Khan, Omar Ayub Organizations: Reuters, Insaaf Locations: Pakistan

☆ Coalition government deal in Pakistan leaves Imran Khan’s party out of power
▼ + stars: | 2024-02-13 | by ( Sophia Saifi | ) edition.cnn.com time to read: +3 min

Islamabad, Pakistan CNN —Two of Pakistan’s major political parties - the Pakistan Muslim League-Nawaz (PMLN) and the Pakistan People’s Party (PPP) - say they will form a coalition government after last week’s inconclusive elections. The move means the party of former Prime Minister Imran Khan will not be in power, despite independent candidates affiliated with it gaining the most votes. The PMLN also released a statement that Shahbaz Sharif would be the party’s candidate for prime minister. Earlier on Tuesday, the PPP’s chairman Bilawal Bhutto Zardari had said his party would support the PLMN candidate for prime minister. The party would also field its candidates for the National Assembly speaker, chairman of the Senate, and president, he said.

Persons: Imran Khan, Shahbaz Sharif, Asif Ali Zardari, Bilawal Bhutto Zardari, Imran Khan’s, Nawaz Sharif, Khan, ” Zardari, Sharif, “, ” Bhutto Zardari Organizations: Pakistan CNN —, Pakistan Muslim League, Nawaz, Pakistan People’s Party, PPP, PTI, National Assembly, Senate Locations: Islamabad, Pakistan, Lahore, Wahdat

☆ Analysis: Pakistan’s youth deliver stinging rebuke to military elite by backing jailed leader Khan
▼ + stars: | 2024-02-12 | by ( Sophia Saifi | Rhea Mogul | ) edition.cnn.com time to read: +9 min

Islamabad, Pakistan CNN —His political party is effectively banned, his speeches are barred from television, and he faces at least 14 years in prison. But as the Pakistan election results show, Imran Khan cannot be suppressed. Independent candidates affiliated with the former prime minister’s Pakistan Tehereek-e-Insaf (PTI) party secured the most parliamentary seats in last week’s nationwide election, the election commission announced Sunday. “Now show the strength of protecting your vote.” Khan’s team has previously used AI to deliver his speeches from behind bars. Akhtar Soomro/Reuters/FileWhen he rose to power in 2018, it was, according to analysts, with the backing of the military.

Persons: Pakistan CNN —, Imran Khan, Khan, “, ”, Khan’s, –, Hashim Ali Dogar, Shayan Bashir Nawaz, Raoof Hassam, Madiha Afzal, Akhtar Soomro, Rabiya Arooj, Nawaz Sharif, Husain Haqqani, Anwar Gargash, Manahil Ahmed, Sharif, Bilawal Bhutto Zardari, Sundas Kalsoom, Insaaf, Gohar Ali Khan, Hasham Ahmed, Fahd Humayun Organizations: Pakistan CNN, Independent, PTI, CNN, Foreign, Brookings Institution, Pakistani, United, Hudson Institute, Washington D.C, Getty, Haqqani, Political, Neubauer, Tufts University, “ Locations: Islamabad, Pakistan, Lahore, “, Punjab, Washington, Imran Khan Pakistan, British India, It’s, United States, Pakistani, Abu Dhabi, Peshawar, Buner, AFP, Egypt

While election winners were celebrating victory, PTI and other parties refused to accept their defeat in dozens of constituencies. Dozens of Khan’s supporters were briefly detained in the eastern city of Lahore over the weekend while protesting alleged vote-rigging. Khan could not run in the election because of the criminal convictions against him that he says are politically motivated. No party won a majority, however, so the parties will have to hold talks on forming a coalition government. The Pakistan Muslim League-N party led by three-time premier and ex-felon Nawaz Sharif secured 75.

Persons: Pakistan's, Imran Khan, Khan, Jan Achakzai, Nawaz Sharif, Sharif, Bilawal Bhutto, Zardari, establishment’s Organizations: National Assembly, Pakistan Muslim League, Pakistan People’s Party, PML Locations: QUETTA, Pakistan, Lahore, Baluchistan

ISLAMABAD (AP) — Allies of imprisoned Pakistani ex-premier Imran Khan won more seats in national elections than the political parties who ousted him from power nearly two years ago, according to a final tally of results published Sunday. Khan, who was kicked out of office through a no-confidence vote in parliament in 2022, has been in prison since last August. The final tally showed that independent candidates secured 101 out of 266 seats in the National Assembly, or lower house of parliament. The Pakistan People’s Party, or PPP, led by Bilawal Bhutto-Zardari, came in third with 54 seats. By Friday evening, seeing his party trail behind the independent candidates backed by Khan, he spoke of alliances and joining hands.

Persons: Imran Khan, Khan, Nawaz Sharif, Bilawal Bhutto, Zardari, Sharif, establishment's Organizations: —, PTI, Supreme, National Assembly, Pakistan Muslim League, Pakistan People’s Party, PML Locations: ISLAMABAD, Pakistani, Pakistan

If no party wins a majority of 169 seats, the one with the biggest share can form a coalition government. The vote was overshadowed by violence, an unprecedented national shutdown of all mobile phone services and allegations of vote rigging. Pakistan’s national human rights body said there was no excuse for the hold-up and expressed concern about the lack of transparency. DEALS, DEALS, DEALSNo party won a majority of National Assembly seats. She accompanied her father at rallies, giving fiery and uncompromising speeches, and escorted him on polling day when he went to cast his vote.

Persons: hadn't, Imran Khan's, Salman Akram Raja, hasn’t, Nawaz Sharif, kingmaker, Asif Ali Zardari, Bilawal Bhutto, Zardari, Bhutto, Nawaz Sharif’s, Maryam Nawaz Sharif, Benazir Bhutto, Benazir’s, Zulfikar Ali Bhutto, Maryam Nawaz, Bilawal, Maryam, Shehbaz, Hamza Organizations: —, National Assembly, U.S, Union, Court, Fair, PTI, Pakistan People’s Party, Nawaz Sharif’s Pakistan Muslim League Locations: LAHORE, Pakistan, — Pakistan, Lahore, Nawaz Sharif’s Pakistan, Punjab province

☆ Pakistan releases official election results, independents affiliated with Khan’s PTI secure most seats
▼ + stars: | 2024-02-10 | by ( Heather Chen | Sophia Saifi | ) edition.cnn.com time to read: +1 min

CNN —Pakistan’s official election results were announced by the election commission on Sunday, with independent candidates affiliated with former Prime Minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party securing the most seats in parliament. According to the Election Commission of Pakistan, independent candidates won 102 seats. The majority of the independents are affiliated with Khan’s party, Pakistan Tehreek-e-Insaf (PTI). The Pakistan Muslim League Nawaz party (PMLN), headed by former Prime Minister Nawaz Sharif, came in second with 73 seats, and the Pakistan People’s Party (PPP) won 54 seats. The PTI party has called on party workers and supporters to hold protests on Sunday outside polling offices in constituencies where party members say election results were “withheld and delayed.”The capital Islamabad has imposed Section 144, allowing police to take legal action against any illegal assemblies and activities.

Persons: CNN —, Imran Khan’s, Pakistan Muslim League Nawaz, Nawaz Sharif Organizations: CNN, Pakistan Muslim League, Pakistan People’s Party, PTI Locations: Imran Khan’s Pakistan, Pakistan, Islamabad

☆ Former Pakistani PM says his party emerged as largest from election but fell short of majority
▼ + stars: | 2024-02-09 | by ( Sophia Saifi | ) edition.cnn.com time to read: +3 min

Islamabad CNN —Former Pakistani Prime Minister Nawaz Sharif claimed Friday that his party had emerged as the largest in the country’s election even as independents affiliated with jailed leader Imran Khan took the lead and protests broke out over delays to the count. If Sharif’s party forms the new government he would become prime minister for a historic fourth term. Analysts have described the vote as the least credible in the country’s post-independence history, accusing authorities of “pre-poll rigging” amid a wide crackdown on Khan’s party. His longtime foe, 74-year-old Sharif, a scion of the elite Sharif political dynasty, is seeking to make what would be a remarkable political comeback following years of self-exile overseas after he was sentenced to prison on corruption charges. Also standing is Bilawal Bhutto Zardari, the 35-year-old son of slain former leader Benazir Bhutto, hoping to reestablish his Pakistan People’s Party as a major political force.

Persons: Nawaz Sharif, Imran Khan, Khan, Sharif, Shabaz Sharif, ” Sharif, Khan’s, “, ”, Bilawal Bhutto Zardari, Benazir Bhutto Organizations: Islamabad CNN — Former Pakistani, National Assembly, Human Rights, ”, PTI, Pakistan People’s Party Locations: Islamabad, country’s, Pakistan, Shangla, Pakistan’s, Khyber Pakhtunkhwa

☆ Pakistan election 2024: Millions will head to the polls in an election mired in controversy
▼ + stars: | 2024-02-08 | by ( Rhea Mogul | Sophia Saifi | ) edition.cnn.com time to read: +3 min

Islamabad, Pakistan CNN —Millions in Pakistan will head to the polls on Thursday for a general election in which old dynasties are vying for power while the country’s widely popular former leader languishes behind bars unable to stand and militants ramp up deadly attacks. Mobile internet has been suspended in various districts of the province, leading to concerns of a nationwide blackout. A street is festooned with posters of Pakistan's former Prime Minister Nawaz Sharif in Lahore on February 4, 2024. Sharif remains widely popular in Pakistan’s Punjab province – the country’s most populous and a key electoral battleground – where his Pakistan Muslim League (Nawaz) party has been lauded for advancing mega infrastructural projects. Standing against him is Bilawal Bhutto Zardari, the 35-year-old son of slain former leader Benazir Bhutto, seeking to reestablish his Pakistan People’s Party as a major political force.

Persons: languishes, Mumtaz Zahra Baloch, Nawaz Sharif, ARIF, Volker Türk, ”, Liz Throssell, Imran Khan’s, Khan, Sharif, Nawaz, Bilawal Bhutto Zardari, Benazir Bhutto Organizations: Pakistan CNN —, Islamic State, Mobile, Foreign, ARIF ALI, AFP, Getty, United Nations, Human Rights, “, Cricket, PTI, Pakistan Muslim League, Pakistan People’s Party Locations: Islamabad, Pakistan, country’s, Balochistan, Islamic State Pakistan Province, Iran, Afghanistan, Lahore, Imran Khan’s Pakistan, Punjab

☆ Analysis: At this general election in Pakistan, old dynasties vie for power and populist Imran Khan languishes in prison
▼ + stars: | 2024-02-07 | by ( Sophia Saifi | Rhea Mogul | ) edition.cnn.com time to read: +13 min

That sets the stage for a difficult road to recovery for whoever wins in a nation where no democratically elected prime minister has ever completed a full term in office. Pakistan's former Prime Minister Imran Khan attends a lawyers' convention in Lahore on September 21, 2022. Veteran Sharif will face a strong challenge, however, from first-time candidate for Prime Minister, Bilawal Bhutto Zardari, 35, son of slain former leader Benazir Bhutto. Manahil Ahmed, 23, called Pakistan’s political environment “particularly hostile” right now. For Pakistan’s military and police forces, the last year was the bloodiest in a decade.

Persons: Imran Khan, –, Arif Ali, Nawaz Sharif, Sharif, Bilawal Bhutto Zardari, Benazir Bhutto, Khan –, Khan, Fareed Khan, ”, Rabiya Arooj, Khan’s, Bushra Bibi, Imran Khan's, Asad Zaidi, Pakistan’s, Farzana Shaikh, “, ’, Murtaza Solang, Maryam Nawaz Sharif, Mohsin Raza, he’s, Raja Ikram, Ameer Hamza, Manahil Ahmed, Shaikh, Hussain Nadim, Maurice R, Greenberg, ‘, Aamir Qureshi, Shoaib Tanveer, Baou Nadeem, ” Shaikh, Farooq Naeem, “ Sharif, He’s, Tim Willasey Organizations: Pakistan CNN —, Getty, PTI, World Bank, Pakistan, Bloomberg, The Royal Institute of International Affairs, CNN, for Research, Security Studies, Pakistan’s People’s Party, Pakistan Muslim League, Baloch Liberation Army, Yale University, Pakistan Army –, Workers, King’s College London Locations: Islamabad, Pakistan, Pakistan CNN — Pakistan, Lahore, AFP, Karachi, “, Rawalpindi, Asia, Hafizabad, Khan’s, Khyber Pakhtunkhwa, India, Afghanistan, Iran, State Khorasan, restive Balochistan, Balochistan, Punjab, Sharif, States, China, British

☆ Rehan Zeb Khan: Pakistan election candidate killed ahead of general election
▼ + stars: | 2024-02-01 | by ( Sophia Saifi | ) edition.cnn.com time to read: +3 min

Islamabad, Pakistan CNN —A Pakistan election candidate was shot dead while campaigning on Wednesday, as violence escalates a week before polls open. Rehan Zeb Khan, an independent candidate affiliated with former Prime Minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party, was shot in a “targeted killing” when gunmen opened fire on his car in a market in Bajaur, Khyber Pakhtunkhwa province, according to district police. In response to the violence, Pakistan’s Election Commission (ECP) summoned an emergency meeting of security officials on Thursday to discuss the “deteriorating” law and order situation in the two provinces, according to a statement from the commission. On Wednesday, Pakistan’s military also met for an annual conference where they discussed the possible deployment of the country’s army to assist the election commission during the general election next week, according to a government statement. The election commission has declared February 8, the day of the election, a public holiday for the country’s 240 million people.

Persons: Rehan Zeb Khan, Imran Khan’s, ”, Malik Kaleem Ullah, Home and Tribal Affairs Balochistan Zubair Jamali, “, Khan Organizations: Pakistan CNN —, Khyber Pakhtunkhwa Provincial Assembly, Reuters, Pakistan’s People’s Party, Pakistan Muslim League, Home and Tribal Affairs Balochistan, Baloch Liberation Army, PTI Locations: Islamabad, Pakistan, Imran Khan’s Pakistan, Bajaur, Khyber Pakhtunkhwa, State Khorasan, Balochistan, Home and Tribal Affairs Balochistan Zubair, Sibi

☆ Costs, Crackdown Put a Damper on Pakistan's Election Campaigns
▼ + stars: | 2024-01-31 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

By Ariba ShahidKARACHI (Reuters) - Higher living costs and political uncertainty have muted Pakistan's once boisterous election campaigns, with both candidates and those who supply them with materials bemoaning the need to do more with much less. Syed Arsalan Haider, a Karachi printer, said the cost of a square foot of banner was up by 130% since the last election. Khan, whose party won the last election, says the military wants to keep him from power, which the military denies. Meherbano Qureshi, a PTI candidate and daughter of the party's jailed vice chairman Shah Mehmood Qureshi, said people were scared to show their support and hang campaign material. (Reporting by Ariba Shahid in Karachi and Mubasher Bukhari in Lahore; Editing by YP Rajesh and Miral Fahmy)

Persons: Shahid, Imran Khan, Jawad Jiwani, Syed Arsalan Haider, Abdul Aziz, Taj Haider, Bilawal Bhutto Zardari, Faisal Subzwari, Khan, Meherbano Qureshi, Shah Mehmood Qureshi, Khurram Sher Zaman, They're, Ariba Shahid, Mubasher Bukhari, YP Rajesh, Miral Organizations: Monetary Fund, Pakistan People's Party, PTI, Mubasher, YP Locations: Shahid KARACHI, Pakistan, Karachi, festooned, Lahore

☆ Pakistan ex-PM Imran Khan hit with new 14-year jail sentence, a day after receiving 10-year term
▼ + stars: | 2024-01-31 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

Pakistan's embattled former Prime Minister Imran Khan was hit with a fresh 14-year jail sentence on Wednesday after a state court found him guilty of graft, just one day after being handed a 10-year term on a conviction of leaking state secrets. His wife Bushra Bibi was also sentenced to a 14-year jail term for graft; the case implicating the couple involved the illegal sale of state gifts for profit while Khan was in office. Previously, many political analysts saw him as the likely winner of Pakistan's upcoming general election on Feb. 8. A towering figure in Pakistani politics for decades, Khan — along with his supporters — says the charges and arrests are politically motivated. It is not clear whether the 10 and 14-year-sentences will be served consecutively or concurrently, though some media reports say the terms will be concurrent.

Persons: Imran Khan, Bushra Bibi, Khan, Khan —, — Organizations: Pakistan, Bureau

Islamabad, Pakistan CNN —Pakistan’s incarcerated former Prime Minister Imran Khan has been sentenced to 14 years in prison for corruption, his Pakistan Tehreef-e-Insaaf (PTI) party said Wednesday, in the second legal blow to beset the beleaguered politician this week. Khan, who has been jailed since August on several charges, has also been barred from holding office for 10 years, the PTI said. Bibi was taken into police custody shortly after the sentencing, the party added. Wednesday’s sentencing comes almost one week away from a general election expected on February 8 and just a day after Khan was handed a 10-year sentence for leaking state secrets. That moment set the stage for a months-long showdown between Khan and the powerful military, who he accused of orchestrating his removal.

Persons: Pakistan CNN — Pakistan’s, Imran Khan, Khan, Bushra Bibi, Bibi, ” Khan Organizations: Pakistan CNN, National, Bureau, PTI Locations: Islamabad, Pakistan

☆ Former Pakistan Prime Minister Imran Khan sentenced to 10-year jail term
▼ + stars: | 2024-01-30 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Pakistan's former Prime Minister Imran Khan, gestures as he speaks to the members of the media at his residence in Lahore, Pakistan May 18, 2023. Former Prime Minister of Pakistan Imran Khan has been sentenced to 10 years in jail on charges of leaking state secrets, his party Pakistan Tehreek-e-Insaaf (PTI) confirmed in a post on social media site X on Tuesday. The former national cricket captain became Pakistan's prime minister in 2018. What can be more ridiculous than that Pakistan has imprisoned its Prime Minister and Foreign Minister for exposing the foreign conspiracy! One month later, he was removed from power in a vote of no-confidence by opposition lawmakers alleging corruption and unconstitutional actions.

Persons: Imran Khan, Pakistan Imran Khan, Khan, Shah Mahmood Qureshi, Khan's Organizations: Former, PTI Locations: Lahore, Pakistan, Islamabad, Washington

Islamabad, Pakistan CNN —Pakistan’s former leader Imran Khan has been sentenced to 10 years in prison for leaking state secrets, his political party Pakistan Tehreek-e-Insaf (PTI) said in a statement Tuesday. The former prime minister repeatedly alleged that Pakistani officials conspired with the country’s powerful military and the US to remove him from office. Khan has been behind bars since August after he was found guilty of corruption and sentenced to three years in prison. Despite being unable to stand in the upcoming vote, he remains a major political force owing to his widespread popularity. TV stations are banned from running Khan’s speeches, and many of his PTI party colleagues have been arrested.

Persons: Pakistan CNN — Pakistan’s, Imran Khan, Khan, Shah Mehmood Qureshi Organizations: Pakistan CNN, Cypher, PTI, US State Department Locations: Islamabad, Pakistan, Rawalpindi’s Adiala, Pakistani

Analyst Ronald Epstein downgraded the stock to neutral from buy and lowered his price target to $225 from $255. The new price target implies just 5% upside from Wednesday's close. Analyst Jed Kelly has an outperform rating and $44 price target on shares, implying 14.4% upside potential since Thursday's close. Analyst Wamsi Mohan reiterated his buy rating on the stock and raised his price target to $200 from $170. Analyst Michael Sison lowered his price target to $69 from $85, implying just 7.5% upside from Wednesday's close.

Persons: Hertz, Ronald Epstein, Epstein, — Hakyung Kim, Oppenheimer, Jed Kelly, Kelly, DraftKings, aren't, Wamsi Mohan, Mohan, JPMorgan's Brian Essex, David Vogt, Essex, Vogt, Wells, DuPont Wells, —, Michael Sison, Sison, Kim, Downside, Tesla, Tesla's, Morgan Stanley's Adam Jonas, Jonas, Joseph Spak, inched, TSLA, Spak, Goldman Sachs, Mark Delaney, Dan Levy, Levy, Colin Langan, Langan, Toni Sacconaghi, Bernstein, JPMorgan downgrades, Ryan Brinkman, Fred Imbert Organizations: CNBC, Tesla, EV, Hertz, JPMorgan, Bank of America, Boeing, Alaska Airlines, of America, Federal Aviation Administration, FAA, IBM, UBS, PTI, bps, DuPont, DuPont de Nemours, Barclays, JPMorgan downgrades Hertz Locations: Alaska, Draftkings, Essex, Wednesday's, Wells Fargo, China, 2H24, Europe

☆ Pakistan's Imran Khan indicted in official secrets case - party
▼ + stars: | 2023-10-23 | by ( Gibran Naiyyar Peshimam | ) www.reuters.com time to read: +2 min

Former Pakistani Prime Minister Imran Khan speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. REUTERS/Akhtar Soomro/File Photo Acquire Licensing RightsISLAMABAD, Oct 23 (Reuters) - A Pakistani court indicted former Prime Minister Imran Khan and his deputy in an official secrets acts case on Monday, his party said, in another blow for the jailed former cricket star ahead of a general election expected in January. Both the United States and the Pakistani military deny that. The sentence was suspended but he remains in prison in connection with other cases, including instigating violence and the official secrets case. A guilty verdict under the Official Secrets Act could bring up to 14 years in prison or even a death sentence, lawyers say.

Persons: Imran Khan, Akhtar Soomro, Khan, Shah Mahmood Quershi, Nawaz Sharif, Gibran Peshimam, Jacqueline Wong, Robert Birsel Organizations: Pakistani, Reuters, REUTERS, Rights, Thomson Locations: Lahore, Pakistan, Rights ISLAMABAD, Islamabad, Washington, U.S, Moscow, Ukraine, United States, Adyala

☆ India's Adani Group to build 10 GW solar manufacturing capacity by 2027 - ET
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +1 min

The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave/File Photo/File Photo Acquire Licensing RightsBENGALURU, Oct 2 (Reuters) - India's Adani Group plans to build 10 gigawatts (GW) of integrated solar manufacturing by 2027, more than double its current capacity, the Economic Times reported, citing news agency PTI. The conglomerate owned by Indian billionaire Gautam Adani produces solar photovoltaic cells or solar PVs through Adani Solar, with a manufacturing capacity of 4 GW. Adani Solar has confirmed orders worth over 3,000 megawatts (MW), the report said, citing sources. India's current annual solar panel manufacturing capacity of 32 GW per annum falls short of the required 52 GW.

Persons: Amit Dave, Gautam Adani, Nandan Mandayam, Shailesh Organizations: Adani, REUTERS, Rights, Economic Times, PTI, Barclays, Deutsche Bank AG, Thomson Locations: Ahmedabad, India, Bengaluru

☆ India’s Chandrayaan lunar lander goes to seep
▼ + stars: | 2023-09-07 | by ( Jackie Wattles | ) edition.cnn.com time to read: +8 min

The Chandrayaan-3 spacecraft landed on the lunar surface on August 23. The Chandrayaan-3 lander is captured by NASA's Lunar Reconnaissance Orbiter, which is currently in orbit around the moon. The day after landing, the ISRO confirmed that the Chandryaan-3 lander had successfully deployed the six-wheeled lunar rover that had ridden to the surface tucked inside the spacecraft’s body. pic.twitter.com/1g5gQsgrjM — ISRO (@isro) August 26, 2023Together, the lander, which weighs about 1,700 kilograms (3,748 pounds), and the 26-kilogram (57.3-pound) rover are packed with nearly a dozen scientific instruments. Else, it will forever stay there as India’s lunar ambassador,” the ISRO posted on X.

Persons: Narendra Modi, NASA's, —, Luna, ove Organizations: CNN, Soviet Union, NASA's Goddard Space Flight, Arizona State University, Indian Space Research Organization, ISRO Locations: India, United States, China, Chandryaan, Russia

☆ Pakistan's president refuses to sign new national security laws
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +2 min

Pakistan's President Arif Alvi speaks with Reuters in an interview after Pakistan's presidency was recognized as the world's first presidential secretariat running on clean energy, in Islamabad, Pakistan October 27, 2021. "As God is my witness, I did not sign Official Secrets Amendment Bill 2023 & Pakistan Army Amendment Bill 2023 as I disagreed with these laws," Alvi said on social media platform X, formerly known as Twitter. He said he had asked his staff to return the bills unsigned to the legislature within the stipulated time to make them ineffective. The ministry of law and justice said the president's decision was of "grave concern". "As the president didn't sign and return the bill within 10 days, it became a law," caretaker law minister Ahmad Iran told a news conference.

Persons: Arif Alvi, Pakistan's, Saiyna Bashir, Imran Khan's, Alvi, doesn't, didn't, Ahmad Iran, Murtaza Solangi, Solangi, Ariba Shahid, Susan Fenton Organizations: Reuters, REUTERS, Rights, Pakistan, Twitter, Caretaker, Thomson Locations: Islamabad, Pakistan, Rights KARACHI, Alvi, Imran Khan's Pakistan

Pakistan's Foreign Minister Shah Mehmood Qureshi gestures as he speaks during an interview with Reuters at the Ministry of Foreign Affairs (MOFA) office in Islamabad, Pakistan June 25, 2020. REUTERS/Salahuddin/File photo Acquire Licensing RightsKARACHI, Pakistan, Aug 19 (Reuters) - Pakistani opposition leader Shah Mehmood Qureshi was detained on Saturday, his Pakistan Tehreek-e-Insaf party said, just hours after he said it would challenge any delay to the country's election in the courts. Party spokesman Zulfi Bukhari told Reuters the specific reason for the detention of Qureshi, twice Pakistan's foreign minister, was not immediately clear. The outgoing government approved a new census in its final days, meaning new electoral boundaries must be drawn up by the Election Commission. IMF BAILOUTThe election commission said on Thursday that new constituencies would be finalised by Dec. 14, state television reported.

Persons: Shah Mehmood Qureshi, Salahuddin, Zulfi Bukhari, Qureshi, Bukhari, Imran Khan, Khan, Haq Kakar, Ariba Shahid, Toby Chopra, Alison Williams Organizations: Pakistan's, Reuters, Ministry of Foreign Affairs, REUTERS, Rights, PTI, IMF, Supreme, Monetary Fund, Thomson Locations: Islamabad, Pakistan, Rights KARACHI, Karachi

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