UnitedHealth to buy DaVita primary care for $4.9 billion

UnitedHealth to buy DaVita primary care unit for $4.9 billion (Pakistan Press Club – New York) – The largest U.S. health insurer UnitedHealth Group Inc will buy DaVita Inc’s primary and urgent care services for $4.9 billion in its second acquisition this year to expand its fast-growing medical group, it said on Wednesday. Health insurers […]

Scientists Explore Egypt’s Great Pyramid From The Inside, Virtually

Exploring Egypt’s Great Pyramid from the inside, virtually PARIS (Pakistan Press Club) – A team of scientists who last week announced the discovery of a large void inside the Great Pyramid of Giza have created a virtual-reality tour that allows users to ‘teleport’ themselves inside the structure and explore its architecture. Using 3D technology, the […]

Model Town report released

Model Town report released on LHC orders Pakistan Press Club LAHORE: Dismissing the Punjab government’s appeal, the Lahore High Court on Tuesday ruled it had failed to establish that publication of Justice Najfi’s inquiry report into the Model Town killings would harm public order or administration of justice. Soon after the order, the provincial government […]

Model Town : Judiciary upheld law & justice: Tahir ul Qadri

Judiciary upheld law & justice: Qadri   Pakistan Press Club LAHORE: Terming the Lahore High Court (LHC) decision on making the Model Town report public as historic, which upheld law and justice, PAT chief Dr Tahirul Qadri has said both the Sharif brothers would be behind the bars very soon. “Our demand is the resignation […]

Disney CEO likely to extend tenure if Fox deal happens

Disney CEO likely to extend tenure if Fox deal happens: WSJ   (Pakistan Press Club – New York) – Walt Disney Co (DIS.N) Chief Executive Bob Iger will likely extend his tenure past 2019 to facilitate integration of Twenty-First Century Fox Inc (FOXA.O) assets if a deal is completed, the Wall Street Journal reported on […]

Cricket: India & Sri Lanka players vomit on field as smog returns

India & Sri Lanka players vomit on field as smog returns   Pakistan Press Club – Web Desk Sri Lanka’s Suranga Lakmal and India’s Mohammed Shami both vomited on the field as Delhi’s notorious smog continued to plague the third Test today. India’s second innings was into its sixth over when Lakmal bent over and […]

Citigroup expects ‘high teens’ percentage fall in fourth-quarter revenue

Citigroup expects ‘high teens’ percentage fall in fourth-quarter markets revenue   NEW YORK (Pakistan Press Club) – Citigroup Inc (C.N) expects its fourth-quarter markets revenue to be lower by a “high-teens” percentage from a year earlier, Chief Financial Officer John Gerspach said on Wednesday.   Speaking at an investor conference held by bank stock analysts […]

Bitcoin go above $13,000 to record high

Bitcoin zooms above $13,000 to record high on relentless demand   NEW YORK (Pakistan Press Club) – Bitcoin extended its rally on Wednesday, breaking above $13,000 to a record high despite questions about the cryptocurrency’s real value and worries about a dangerous bubble. Bitcoin received a boost after Friday’s announcement by the main U.S. derivatives […]

Australia to probe Facebook and Google over media disruption allegations

Australia to probe Facebook, Google over media disruption   SYDNEY (Pakistan Press Club) – Australia’s competition regulator said on Monday it would investigate whether U.S. online giants Facebook (FB.O) and Alphabet Inc’s (GOOGL.O) Google have disrupted the news media market to the detriment of publishers and consumers. Like their rivals globally, Australia’s traditional media companies […]

Alibaba face lawsuit over IPO: U.S. appeals court

Alibaba must face renewed lawsuit over IPO: U.S. appeals court NEW YORK (Pakistan Press Club) – A U.S. appeals court on Tuesday revived a lawsuit accusing Alibaba Group Holding Ltd (BABA.N) of defrauding shareholders by concealing a regulatory warning about counterfeiters that the Chinese online retailer had received shortly before going public. The 2nd U.S. […]