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Tuesday, December 7th, 2021


Intel to list shares of its self-driving-car unit Mobileye in 2022

WASHINGTON, DEC 7: Intel Corp said that it plans to take its self-driving car business, Mobileye, public in the United States in mid-2022 through an initial public offering of newly issued Mobileye stock. Intel will remain the majority owner of Mobileye, which went public in 2014 and was acquired by Intel in 2017. The technology giant currently owns 100 per cent of Mobileye shares and is expected to retain majority ownership following the completion of the initial public offering. Intel has no intention of spinning off or otherwise divesting its majority ownership interest. Chip producer,Read More

Azerbaijani MoD holds meeting with military attaches, reps of int’l organizations

BAKU, DEC 7: The Office of International Military Cooperation held an annual meeting with the participation of military attaches of foreign countries and representatives of international organizations accredited in Azerbaijan. According to the Defense Ministry, the meeting focused on military-security issues in the region, reforms in the Azerbaijani Army after the victory in the patriotic war under the leadership of President of Azerbaijan, Commander-in-Chief of the Armed Forces Ilham Aliyev, measures held within the international cooperation, and activities planned for 2022. Questions of military attaches were answered at the event.Read More

Cabinet approves hike in petroleum dealers’ margin

ISLAMABAD, DEC 07 (DNA) – The federal cabinet has given approval to the increase in the profit margin of petroleum dealers by 99 paisas. It has also denounced the gruesome incident of the Sialkot lynching of a foreigner believing that such incidents tarnish the fair image of the country.  The federal cabinet which met on Tuesday in Islamabad wanted an exemplary punishment for the perpetrators of this brutal act. The cabinet also reviewed the country’s political and economic situation. It was briefed on the mob killing of a Sri LankanRead More

Spain sees wave of labor unrest amid rising inflation, uncertain pandemic recovery

Madrid, DEC 7: Tens of thousands of workers have poured onto Spanish streets in recent weeks, possibly foreshadowing more of what is to come as the country struggles to recover from one of the worst crises in recent history. “During the lockdown, we were treated like heroes, working every single day to keep producing,” said Veronica Molleda, a dairy farmer who took to the streets of the northern Oviedo city on horseback to protest the working conditions in the agricultural sector. “But now it’s like we’ve been completely forgotten. TheRead More

The social protection system needs to be strengthened

ISLAMABAD /DNA/ – Federal Ombudsperson Ms Kashmala Tariq has said women are harassed in different working fields and in parliament too. Unfortunately, no woman stands up for another woman to stop violence.   She was speaking at a session on Gender-based Violence in South Asia during Pandemic at the second leg of 24th Sustainable Development Conference organized by Sustainable Development Policy Institute (SDPI) here on Tuesday.   “We should sensitize our women to take stand against such violence rather accept the violence,” Kashmala said and called for the implementation of rulesRead More

Melbourne Stars rope in Rauf for ongoing BBL season

LAHORE , DEC 07 : Pakistani fast bowler Haris Rauf has been roped in by the Melbourne Stars for the ongoing Big Bash League (BBL) season to bolster the injury-hit franchise’s pace attack. The Lahore Qalandars player had played in his first BBL match ever two years ago during the tournament’s ninth season. Syed Faridoun from the Lahore Qalandars has also debuted from the Melbourne Stars platform. The right-arm pacer will play his first game on December 27 against the Brisbane Heat and will remain with the team until theRead More