10 dead as Taliban storm Pakistan airport

December 16, 2012
Islamabad, December 16: At least 10 people died in Pakistan Saturday night when Taliban militants stormed an airport after ramming their explosives-laden vehicle into its outer wall.

The militants attacked the Bacha Khan Airport in Peshawar around 8.30 p.m.

According to local media reports, five rockets were fired by the militants at the airport and two of them hit the runaway.

Five attackers were among the dead and over 40 others were injured, Xinhua reported.

All international and domestic flights were cancelled following the attack.

The attack was in response to a recent military operation in the area, the army said.

The airport authorities said all their assets were safe.

President Asif Ali Zardari and Prime Minister Raja Pervez Ashraf condemned the attack.

Earlier:

Four dead as militants attack Peshawar airport

Peshawar-attack

Islamabad, December 16(Reuters): Four people were killed when militants attacked the airport in the northwestern city of Peshawar on Saturday and traded gunfire with soldiers for more than 30 minutes before being repulsed, military and health officials said.

Pakistan's army rushed reinforcements to the scene of the night attack, one of the most audacious raids by militants since an assault on an air base in the east of the country in August.

A health official said at least 26 people had been wounded at the airport, which handles civilian and military traffic, and that at least three of the dead were militants.

Pakistan's air force said a rocket attack had damaged the outer wall of the air field, which lies near a residential area and military barracks in Peshawar.

"No terrorist has been able to penetrate inside (the air field)," Group Captain Tariq Mahmood, a spokesman for the Pakistan Air Force, said in a statement. "Security forces were fully alert and are in control of the situation."

Mahmood added there had been no casualties among the Pakistan Air Force or damage to equipment during the incident.

Three rockets also hit a nearby residential area, a military official said.

"We have repulsed the attack on the airport, everything is now under control," the military official added.

Hospital staff scrambled to treat wounded brought from the scene of the attack, where residents described hearing gunfire and explosions.

"An emergency has been declared in the hospital and all the surgeons have been called," said Umar Ayub, chief executive of the Khyber Teaching Hospital Peshawar. "All of them suffered bullet injuries and some of the injured are in critical condition."

Peshawar has witnessed many bomb attacks and shootings in recent years, but residents said it was the first time such a large attack had been staged on the airport.

There was no immediate claim of responsibility.

Pakistani militants have staged repeated high-profile attacks on military installations in major cities in recent years in their campaign against the government.


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News Network
April 9,2020

Paris, Apr 9: More than 1.5 million cases of the novel coronavirus have been registered worldwide, according to a tally compiled by AFP at 0530 GMT Thursday from official sources.

Of the 1,502,478 infections, 87,320 people have died across 192 countries and territories since the epidemic first emerged in China late last year.

The tallies, using data collected by AFP from national authorities and information from the World Health Organization (WHO), probably reflect only a fraction of the actual number of infections. Many countries are only testing the most serious cases.

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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News Network
April 6,2020

New Delhi, April 6: The United States has donated $2.9 million assistance package for India to help the Narendra Modi government brace itself against the coronavirus as countries across the world are coming together to combat the outbreak.

On March 28, the US government, via US Agency for International Development, announced $2.9 million to support India in its response to COVID-19.

"It builds on a foundation of over $1.4 billion in health assistance and nearly $3 billion in total assistance that the US provided to India over the last 20 years," the US Embassy in India said in a statement.

"These new funds will support two organisations, including $2.4 million for USAID's health strengthening project, implemented by Jhpiego, an international non-profit health organisation affiliated with Johns Hopkins University and $500,000 for the World Health Organization (WHO)," the statement said.

The funds will also help India combat the spread of COVID-19, provide care for the affected and support local communities with the tools needed to contain the disease, it added.

Moreover, being a global leader in health and humanitarian response to COVID-19, the US has provided approximately $18.3 million assistance package to ASEAN member countries to fight the contagion.

The funds will be used to prepare laboratories for large-scale testing for the lethal virus, infection prevention and control, enable risk communication, implement public-health emergency plans for border points of entry, activate case-finding and event-based surveillance for influenza-like illnesses, train and equip rapid-responders in investigation and contact-tracing and update training materials for health workers.

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