Pakistan News

    Bloomberg Netsol Pakistan

  • Outage at Bloomberg hits financial markets

    LONDON: A two-hour outage at news and market data provider Bloomberg LP hit financial markets around the world on Friday, prompting debt sales to be postponed and exacerbating a spike in volatility in European stocks...

    “We experienced a combination of hardware and software failures in the network, which caused an excessive volume of network traffic,” Bloomberg said in a statement...

  • China loses spot as world's No.2 stock market: Bloomberg

    Data from Bloomberg News in intra-day trade on Friday showed the value of equities on the mainland had slipped behind those in their neighbouring country for the first time since taking the number-two spot in 2014...

    “Losing the ranking to Japan is the damage caused by the trade war,” Banny Lam, head of research at CEB International Investment in Hong Kong, told Bloomberg News...

  • Potential US presidential candidate Bloomberg buys record amount of TV ads

    Former New York mayor Michael Bloomberg, an increasingly likely 2020 presidential candidate, plans to launch a $31 million television advertising campaign on Monday, in a move deemed anti-democratic by Bernie Sanders...

    Senator Bernie Sanders attacked the decision on Friday, tweeting he was “disgusted by the idea that Michael Bloomberg or any billionaire thinks they can circumvent the political process and spend tens of millions of...

  • Bloomberg formally announces US presidential candidacy

    Michael Bloomberg confirmed Sunday that he is running for president, joining the crowded field of Democrats seeking to take on his fellow New York billionaire, President Donald Trump...

    “I'm running for president to defeat Donald Trump and rebuild America,” Bloomberg, 77, said on his website as a $30 million Bloomberg ad campaign hit US airwaves...

  • Democrats bare fangs at Michael Bloomberg in fiery debate

    Former New York mayor Michael Bloomberg endured a punishing assault in his debut Democratic presidential debate on Wednesday from rivals who savaged him for parachuting in late and throwing astronomical amounts of money at the race...

    US media magnate Bloomberg found himself targeted from the start, as candidates from Sanders to former vice president Joe Biden impugned the man whose sudden prominence in polling has scrambled the race...

  • Bloomberg to spend $100m in Florida to help Biden

    NEW YORK: Michael Bloomberg, who spent $1 billion of his own money on a failed 2020 presidential bid, will inject at least $100 million to help Democrat Joe Biden’s campaign against President Donald Trump in Florida...

    “Mike Bloomberg is committed to helping defeat Trump, and that is going to happen in the battleground states,” said Bloomberg adviser Kevin Sheekey, who added that the spending “will mean Democrats and the Biden...

  • Pakistan welcomes US offer to take on Tehreek-i-Taliban Pakistan

    WASHINGTON: Days before crucial talks with the US defence secretary, Pakistan has welcomed an American offer to take action against militants involved in cross-border raids from the Afghan soil, the Voice of America radio service reported on Wednesday...

    The official US news outlet also reported that Pakistan believed the US offer “augurs well” for regional counterterrorism cooperation...

  • Pakistan 2 rout Pakistan 1 to clinch World Snooker team gold

    KARACHI: Pakistan 2 overcome fighting Pakistan 1 by 5-4 frames in agonising all-Pakistan final played for the first time in any global event to win the IBSF Team Event Snooker Championship in the Egyptian city of Hurghadha on Thursday evening...

    Pakistan 2 was represented by the former world amateur snooker champion Mohammad Asif and Babar Masih while Pakistan 1 comprised national champion Mohammad Sajjad and runner-up Asjad Iqbal... ...

  • Round 2: All eyes on Pakistan to pull a Pakistan against India

    In the previous outing between these two on Wednesday, Pakistan were horrible to watch, failing miserably in what was a lop-sided eight-wicket defeat...

    Read: 5 takeaways from Pakistan's predictable meltdown against IndiaIn the game against Afghanistan days later, they regressed more, and were quite possibly the worst version of themselves...

  • Large contingent would have fetched more medals for Pakistan: Pakistan Olympic Association

    LAHORE: Needless reduction in the number of athletes in Pakistan’s contingent by Pakistan Sports Board (PSB) for the ongoing 13th South Asian Games in Nepal has affected Pakistan’s chances of winning more medals in the mega event...

    In a press release, the Pakistan Olympic Association (POA) stated on Friday that while small countries like the host Nepal (596 athletes), Sri Lanka (564 athletes), Bangladesh (470 athletes) and India (487...

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