MELBOURNE: Australia's Catholic Church has paid A$276 million ($213 million) in compensation to thousands of child abuse victims since 1980, a government inquiry heard...
ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has decided to reduce the per unit power costs by Rs. 2.21, ARY News reported.
The power regulatory...
LONDON: A study of one million people has found that physical inactivity costs the global economy $67.5 billion a year in healthcare and productivity losses, but an hour a day of exercise could eliminate most of that.
WASHNGTON: Public sector corruption siphons $1.5 trillion to $2 trillion annually from the global economy in bribes and costs far more in stunted economic growth, lost tax revenues and sustained poverty, the International Monetary Fund said on Wednesday.
ISLAMABAD: Federal Minister for Water and Power Khawaja Muhammad Asif has said that federal government aims to provide maximum relief to the nation by cutting power costs, ARY News reports on Friday.
LOS ANGELES: The devastating cyberattack on Sony Pictures could see the Hollywood studio lose hundreds of millions of dollars in revenue and incur massive recovery costs, experts say.
BERLIN: IBM has won an outsourcing contract from Germany's Lufthansa worth 1 billion euros ($1.25 billion) that will see the U.S. company take over the airline's information technology infrastructure services division and staff.
SAN FRANCISCO: Google Inc's revenue fell short of Wall Street's expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent.
SINGAPORE: Oil prices fell to fresh multi-year lows in Asian trade Tuesday, with analysts blaming concerns about a supply glut and the effects of weaker demand from Europe and China.
OSLO: Domestic violence, mainly against women and children, kills far more people than wars and is an often overlooked scourge that costs the world economy more than $8 trillion a year, experts said on Tuesday.
LONDON: Cyber crime costs the global economy about $445 billion every year, with the damage to business from the theft of intellectual property exceeding the $160 billion...