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Saudi investments to aid cash-strapped Pakistan

A record investment package being prepared by Saudi Arabia for Pakistan will likely provide welcome relief for its cash-strapped Muslim ally, while also addressing regional geopolitical challenges, analysts say. At the heart of the investment is a reported $10 billion refinery and oil...

Root flops again as Windies peg back England

Joe Root's personal tale of batting woe continued on the opening day of the third and final Test against the West Indies as England were pegged back to 114 for four at tea at the Darren Sammy Stadium on Saturday. England's captain and premier batsman fell to fast bowler Alzarri Joseph...

UBS overhauls pay policy for 10,000 employees

UBS AG (UBSG.S) has overhauled its pay policy for 10,000 staff in an attempt to reduce uncertainty about bonuses and cut the amount of time managers spend on allocating them, the Financial Times reported on Sunday. Employees working in the Swiss bank’s “corporate center”, which...