PAK FAKE DEGREE SCAM: AXACT CEO SHAIKH ARRESTED

ISLAMABAD : Pakistan’s Federal Investigation Agency (FIA) on Tuesday arrested and jailed Shoaib Shaikh, the owner and chief executive officer of Axact, a firm accused of producing and selling fake degrees worth millions of dollars. On July 6, the district and sessions judge in Islamabad had sentenced Shaikh to 20 years in jail in the fake degrees case. Twenty-four of his accomplices were also convicted and were given jail terms ranging between three and seven years. However, Shaikh did not surrender to the court following his conviction. The FIA arrested him after the Supreme Court set dates to resume hearing the matter this week.

Dunkin’ drops ‘Donuts’ from name in shift to coffee

REUTERS: Dunkin’ Donuts said on Tuesday it plans to rebrand itself as Dunkin’ as part of new CEO Dave Hoffman’s plans to bring beverages and breakfast meals to the forefront of the restaurant chain’s menu. The company, whose sales in the recent quarters have been powered by breakfast and beverage items, said the new branding would be effective January. REUTERS

Zimbabwe prez offers Trump land for golf course

HARARE: Zimbabwe’s leader has said he is willing to offer land to US President Donald Trump to build a golf course in a national park teeming with wildlife. President Emmerson Mnangagwa said he had made the offer to Trump staffers earlier at the

World Economic Forum in Switzerland. AP

Danish submarine killer loses appeal in court

COPENHAGEN: Danish submarine inventor Peter Madsen, convicted of torturing and murdering Swedish reporter Kim Wall last year, lost his appeal against his life sentence on Wednesday. In Denmark, a life sentence is on average 16 years, but can be extended if necessary. Madsen had wanted a time-limited sentence, not an open-ended prison term.

AP