Trends - Coronavirus Vaccine - Business Recorder

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Jun 10, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Coronavirus Vaccine

Argentine president says he'll get Russia vaccine to dispel fears

Argentine president says he'll get Russia vaccine to dispel fears

"I will be the first to be vaccinated so that no one need be afraid," Fernandez told a press conference in Buenos Aires, where he announced the purchase from Russia of enough vaccines for 10 million people.

Published 11 Dec, 2020 09:50am

US considers Pfizer Covid-19 vaccine approval

US considers Pfizer Covid-19 vaccine approval

Another question is how well the shot will stop virus transmission, and whether it will be effective in children, pregnant women, and the immunocompromised.

Published 11 Dec, 2020 09:41am

Australia shares eye sixth weekly gain on iron ore rally, stimulus hopes

Markets

Australia shares eye sixth weekly gain on iron ore rally, stimulus hopes

Energy stocks rose 2% as vaccine optimism drove oil prices to their highest since March. Shares of Whitehaven Coal and Beach Energy, up about 6% and 5% respectively, gained the most.

Published 11 Dec, 2020 08:57am

EU DisinfoLab report: Pakistan condemns India's reprehensible tactics

Pakistan

EU DisinfoLab report: Pakistan condemns India's reprehensible tactics

ISLAMABAD: Pakistan on Thursday strongly condemned India's reprehensible tactics against Pakistan that have once...

Published 11 Dec, 2020 03:00am

US stocks lower

Markets

US stocks lower

• Facebook falls after antitrust lawsuit filed • Lowe's jumps on $15bn share buy-back plan • DoorDash IPO...

Published 11 Dec, 2020 03:00am

ECB gives euro zone new shot in arm to fight pandemic

Print

ECB gives euro zone new shot in arm to fight pandemic

FRANKFURT: The European Central Bank rolled out yet more stimulus measures on Thursday to lift the currency bloc out...

Published 11 Dec, 2020 03:00am

Gold eases in Europe

Markets

Gold eases in Europe

LONDON: Gold edged lower on Thursday, hovering close to a one-week low hit in the last session, with its appeal...

Published 11 Dec, 2020 03:00am

ADB says economy 'recovering'

Print

ADB says economy 'recovering'

ISLAMABAD: Pakistan's economy is recovering, particularly in manufacturing and construction, supported by government...

Published 11 Dec, 2020 03:00am

WTO deadlock on plan to free Covid vaccines from IP protection

World

WTO deadlock on plan to free Covid vaccines from IP protection

The plan seeks a waiver from certain rules in the WTO's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).

Published 11 Dec, 2020 02:47am

Wall Street shakes off labor market data with stimulus in focus

Markets

Wall Street shakes off labor market data with stimulus in focus

Mnuchin says COVID-19 relief talks making progress.
Airbnb shares more than double after $68 pricing.
US FDA advisory panel meets on Pfizer's COVID-19 vaccine.
Dow down 0.23%, S&P 500 down 0.13%, Nasdaq up 0.54%.

Published 11 Dec, 2020 02:34am

Britain to begin virus tests for children after infection spike

World

Britain to begin virus tests for children after infection spike

Month-long coronavirus restrictions were eased across England earlier this month, but unlike during the three-month UK-wide lockdown in late March, schools remained open.

Published 11 Dec, 2020 02:32am

Pfizer plans to file for full FDA approval of COVID-19 vaccine in April 2021

Business & Finance

Pfizer plans to file for full FDA approval of COVID-19 vaccine in April 2021

The vaccine awaits emergency use authorization by the US Food and Drug Administration.
The remarks were made by Pfizer executive William Gruber at a meeting of independent US FDA advisers.

Published 11 Dec, 2020 02:16am

ECB injects more stimulus to fight second virus wave

Business & Finance

ECB injects more stimulus to fight second virus wave

Lagarde had in October all but promised that extra monetary support was under way, and the newest moves fell within market expectations.

Published 11 Dec, 2020 02:15am

Russian deaths in October up nearly 50,000 on last year

World

Russian deaths in October up nearly 50,000 on last year

Between April and the end of October 2020, excess mortality in Russia now stands at almost 165,000 deaths compared to last year.

Published 11 Dec, 2020 02:09am

Brazil's real jumps after central bank hints at end of easing cycle

Markets

Brazil's real jumps after central bank hints at end of easing cycle

Brazil posts 8.3% jump in Oct retail sales.
Vale supported by record iron ore prices.
Peru central bank set to hold rate at 0.25%.

Published 11 Dec, 2020 02:02am

Walmart readies pharmacies for COVID-19 vaccine roll out

Business & Finance

Walmart readies pharmacies for COVID-19 vaccine roll out

The retailer said it was preparing over 5,000 Walmart and Sam's Club pharmacies with freezers and dry ice to handle vaccine storage requirements.
It said it was educating its employees about COVID-19 vaccine, and they can choose to receive it once they are eligible.

Updated 11 Dec, 2020 01:49am

Brazil's Sao Paulo state starts producing Chinese vaccine, awaits federal approval

World

Brazil's Sao Paulo state starts producing Chinese vaccine, awaits federal approval

Doria announced at a news conference that São Paulo's biomedical center, the Butantan Institute, has capacity to make 1 million doses per day in a fill-and-finish production line.

Published 11 Dec, 2020 01:12am

US Senate to vote on spending stopgap, as Pelosi suggests longer COVID-19 timeline

World

US Senate to vote on spending stopgap, as Pelosi suggests longer COVID-19 timeline

The Democratic-majority House of Representatives on Wednesday approved a stopgap measure to extend current funding levels until Dec. 18.
December 26, the unemployment insurance benefits expire. So some time before then, hopefully that Dec. 18th date.

Published 11 Dec, 2020 12:24am

World watches as first-mover Britain probes adverse reactions to Pfizer vaccine

World

World watches as first-mover Britain probes adverse reactions to Pfizer vaccine

MHRA approved Pfizer-BioNTech vaccine candidate last week.
Regulator investigating two cases of anaphylaxis during rollout.
Adverse reactions are rare but not unusual during rollout.
US and Canadian authorities looking for details from UK.

Published 11 Dec, 2020 12:11am

ECB to unveil yet another anti-pandemic package

Business & Finance

ECB to unveil yet another anti-pandemic package

Rate-setters have made clear, however, that it is up to governments to handle the pandemic and that the ECB's job is merely to make funding cheap.

Published 10 Dec, 2020 05:34pm

Japan plans vaccine freezer buying binge as Tokyo reports record cases

World

Japan plans vaccine freezer buying binge as Tokyo reports record cases

Japan, with a population of 126 million, has agreements to buy a total of 290 million doses of vaccines from Pfizer Inc, AstraZeneca Plc and Moderna Inc, or enough for 145 million people.

Published 10 Dec, 2020 04:58pm

Gold slips as vaccine optimism dents safe-haven appeal

Markets

Gold slips as vaccine optimism dents safe-haven appeal

Spot gold slipped 0.3pc to $1,833.40 per ounce at 01036 GMT, after falling as much as 2.5pc on Wednesday. U.S. gold futures were down 0.1pc to $1,837.40.

Published 10 Dec, 2020 04:21pm

Indian Pharma industry's COVID-19 vaccine plans

World

Indian Pharma industry's COVID-19 vaccine plans

Several Indian pharmaceutical companies are working to develop or manufacture at least eight anti-COVID-19 formulations as the world’s largest producer of vaccines prepares for a massive response to the coronavirus pandemic.
India, which has itself been badly hit by the pandemic with nearly 10 million infections, the second-highest in the world, is focusing on affordable vaccines instead of the expensive messenger RNA shots of Pfizer Inc and Moderna Inc.

Published 10 Dec, 2020 04:06pm

U.S. Senate to vote on spending stopgap as COVID-19 aid debate continues

World

U.S. Senate to vote on spending stopgap as COVID-19 aid debate continues

Senate Majority Leader Mitch McConnell, a Republican, has said the Senate will take it up this week and send it to Trump in time to avoid a government shutdown.
The move gives Congress seven more days to enact a broader, $1.4 trillion “omnibus” spending measure for all government agencies from the Pentagon to national parks.

Updated 10 Dec, 2020 04:17pm

DRAP cuts price of drug being used to treat COVID-19 patients

Pakistan

DRAP cuts price of drug being used to treat COVID-19 patients

The new price of 100mg Remdesivir is fixed at Rs5,680.
On November 27, the federal cabinet had green-lighted a cut in the price of the antiviral.

Published 10 Dec, 2020 01:16pm

Gold falls as investors fret over US stimulus delay

Markets

Gold falls as investors fret over US stimulus delay

Spot gold slipped 0.2% to $1,835.40 per ounce by 0707 GMT, after falling as much as 2.5% on Wednesday. US gold futures were steady at $1,839.20.

Published 10 Dec, 2020 12:40pm

Asian markets drop as talks on stimulus, Brexit falter again

Markets

Asian markets drop as talks on stimulus, Brexit falter again

Hopes US lawmakers could be close to a breakthrough in deadlocked talks helped fire a rally across Asian markets Wednesday after the White House proposed an economic rescue package that was bigger than a bipartisan plan put forward last week.

Published 10 Dec, 2020 11:56am

PM Imran, Bill Gates discuss COVID-19, polio eradication

Pakistan

PM Imran, Bill Gates discuss COVID-19, polio eradication

PM acknowledged the Foundation’s continued support for the Ehsaas Programme, which would help the most vulnerable segments of Pakistan’s population.
Gates acknowledged Pakistan’s efforts to combat the Covid-19 pandemic while stimulating economic growth.

Published 10 Dec, 2020 11:15am

Mnuchin says COVID aid checks would spur more jobs than unemployment supplement

Mnuchin says COVID aid checks would spur more jobs than unemployment supplement

He said he was "cautiously hopeful" that the two parties could reach agreement on aid to support the economy until COVID-19 vaccines are widely available.

Published 10 Dec, 2020 10:41am

Developing Asia's projected 2020 contraction to be less severe than expected, ADB says

Business & Finance

Developing Asia's projected 2020 contraction to be less severe than expected, ADB says

Southeast Asia faces a bleaker outlook with this year's economic output seen to suffer a deeper slump of 4.4%, before growing 5.2% next year, down from an earlier forecast for 5.5% growth.

Published 10 Dec, 2020 10:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 10	278.53
USD PKR Interbank Buying / Jun 10	278.28
USD to Japanese Yen / Jun 10	157.09
USD to Swiss Franc / Jun 10	0.90
Pound Sterling to USD / Jun 10	1.27
Euro to USD / Jun 10	1.08

Stock	Volume
S&P 500 / Jun 7	5346.99
Nasdaq / Jun 7	17133.13
Hang Seng / Jun 7	18366.95
Dow Jones / Jun 7	38798.99
India Sensex / Jun 10	76808.32
Tokyo Nikkei / Jun 10	39020.49
FTSE 100 / Jun 10	8225.20
Germany DAX 30 / Jun 10	18430.01

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	19935
Petrol/Litre / Jun 10	268.36
Crude Oil USD/Barrel / Jun 10	75.70
Gold 10 Grams PKR / Jun 10	239400
Gold Spot USD/Ounce / Jun 10	2296.86
Diesel/Litre / Jun 10	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Rise in tax on import of cell phones likely

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KE issues stern warning to Sindh govt over dues

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