(Reuters) – Philips posted second-quarter results that above analysts’ forecasts on Monday, driven by cost savings from job cutbacks and insurance income related to Respironics product liability claims, pushing company shares up more than 7% in early trading. The Dutch medical device maker’s earnings before interest, tax, and amortization (EBITA)Continue Reading

(Reuters) – Some flights at Beirut International Airport have been cancelled or delayed, with Lebanon’s Middle East Airlines (MEA) citing insurance risks as tensions between Israel and the militant political group Hezbollah rise. On Saturday, a missile strike in the Israeli-occupied Golan Heights killed 12 teenagers and children, raising concernsContinue Reading

LAHORE – On Sunday, Punjab Governor Sardar Saleem Haider opened the Bilawal Bhutto Zardari Community Centre in Maryam Nishat Colony, RA Bazaar. Edwin Sohotra, vice-president of the Punjab PPP Minority Wing, established the institution. The governor expressed his pleasure in inaugurating the Bilawal Bhutto committee hall at the centre. AContinue Reading