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High freight prices lift Maersk to record profit in 2022

High freight prices lift Maersk to record profit in 2022

COPENHAGEN: Global shipping giant Maersk reported its biggest ever full-year profit in 2022, amid soaring freight prices and easing bottlenecks following the Covid pandemic. Maersk posted a net profit of $29.2 billion, the highest earnings ever reported by a Danish company. Sales rose by 32 percent to $81.5 billion. Gross operating profit, EBITDA, more than...

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PCB bans spinner Asif Afridi from all cricket for two years – Daily Times

PCB bans spinner Asif Afridi from all cricket for two years – Daily Times

LAHORE: The Pakistan Cricket Board (PCB) on Tuesday banned international spinner Asif Afridi for a period of two years from all cricket after he pleaded guilty as charged for two violations under the PCB’s Anti-Corruption Code for Participants. For the breach of Article 2.4.10, Mr. Afridi was handed a two-year period of ineligibility, while he...

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Earthquakes in Türkiye moved Anatolia up to 10 meters

Earthquakes in Türkiye moved Anatolia up to 10 meters

An Italian seismologist has said the Anatolian continent moved up to 10 meters (around 33 feet) following two powerful earthquakes that shook Türkiye’s southeast on Monday. Speaking to Italy’s state-run ANSA news agency on Tuesday, Alessandro Amato of the National Institute of Geo-physics and Volcanology, said that the earthquakes activated a new fault line on...

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Iran’s saffron export stands at $172.7m in 10 months

Iran’s saffron export stands at $172.7m in 10 months

Iran’s saffron export stood at $172.758 million during the first ten months of the current Iranian calendar year (March 21, 2022-January 20, 2023), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA). Austria, Jordan, Argentina, Spain, Australia, South Africa, Afghanistan, Germany, United Arab Emirates, Indonesia, Britain, Italy, the U.S., Ireland,...

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UN committee faults Denmark for failing to probe ‘racist’ art exhibit

UN committee faults Denmark for failing to probe ‘racist’ art exhibit

People hold placards on the inaugural Million People March on August 30, 2020. — AFP GENEVA: Denmark failed to take effective measures against racist hate speech when it dropped an investigation into an art exhibition depicting “racist hate images” nearly a decade ago, a UN watchdog said Tuesday. The United Nations Committee on the Elimination...

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Pakistan bans cricketer Asif Afridi under anti-corruption code

Pakistan bans cricketer Asif Afridi under anti-corruption code

KARACHI: Pakistan banned spinning all-rounder Asif Afridi from all cricket for a period of two years on Tuesday after he pleaded guilty to two violations of the board’s anti-corruption code. “Afridi has been handed a two-year period of ineligibility, while he was given a six-month ban for the violation of a second clause,” the Pakistan...

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PCB bans Asif Afridi for 2 years under anti-corruption code

PCB bans Asif Afridi for 2 years under anti-corruption code

Listen to article The Pakistan Cricket Board (PCB) on Tuesday banned spinning all-rounder Asif Afridi from all cricket for a period of two years after he pleaded guilty to two violations of the board’s anti-corruption code. “Afridi has been handed a two-year period of ineligibility, while he was given a six-month ban for the violation of a...

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Rallies held across Europe on ‘Kashmir Solidarity Day’

Rallies held across Europe on ‘Kashmir Solidarity Day’

The call for ending atrocities in Indian Illegally Occupied Jammu and Kashmir (IIOJK) reverberated across the UK and the rest of Europe, as the world observed ‘Kashmir Solidarity Day’ on Sunday. Tehreek-e-Kashmir (TeK) UK and Europe jointly held rallies, conferences and digital campaigns in Oslo, London, Barcelona, Copenhagen, Glasgow, Luton, Birmingham, Dundee, Nelson, Edinburgh, Manchester,...