Trends - Joe Biden - Business Recorder

Joe Biden

With climate change focus, Biden filling environmental, interior posts

Trump, who frequently downplayed the severity of the pandemic and feuded with top US public health officials, was hospitalized in October after testing positive for COVID-19.

Published 18 Dec, 2020 10:27am

World

Biden poised to name EPA chief, to get COVID-19 vaccine in public to build support

The expected nomination of Michael Regan, according to three sources with knowledge of the discussions.
Biden's focus on confronting climate change marks a sharp change from the four years of President Donald Trump's administration.

Published 18 Dec, 2020 12:27am

World

Putin says he hopes Biden will improve Russia-U.S. ties

Speaking at his annual press conference, Putin added that Russian hackers had not meddled in the 2016 U.S. presidential vote to help Donald Trump get elected.

Published 17 Dec, 2020 06:24pm

World

Biden to get COVID-19 vaccine next week, Pence to receive it Friday

Appearing with Buttigieg in Wilmington, Delaware, Biden said the 38-year-old would confront the task of restoring what he called "our crumbling roads, bridges and ports." Biden has proposed a massive boost in infrastructure spending.

Published 17 Dec, 2020 10:38am

World

US vaccine campaign grows as COVID-19 kills 3,000-plus Americans daily

With hospitalizations setting a record for the 19th day in a row - nearly 113,000 patients under treatment on Wednesday - health experts warn that fatalities will rise higher still in the weeks ahead, even as the vaccine campaign steadily expands.

Published 17 Dec, 2020 09:24am

World

Biden introduces Buttigieg as transportation chief in 'historic' US Cabinet

Buttigieg, the former mayor of South Bend, Indiana, would be the first openly gay Cabinet secretary confirmed by the Senate if he is approved.
The Biden-Harris Cabinet will be a historic Cabinet - a Cabinet that looks like America, a Cabinet that taps into the best of America.

Published 17 Dec, 2020 12:24am

World

Biden to tap Brenda Mallory to lead White House environment council

The CEQ coordinates White House energy and environmental policies across federal agencies.
Mallory told Reuters in a recent interview that she knew she was being vetted for the role.

Published 17 Dec, 2020 12:21am

World

Saudis pushing for Gulf dispute breakthrough at summit

The other nations involved were more circumspect when welcoming progress in mediation efforts by Kuwait and the United States, which wants Gulf Arabs to be united against Iran.

Published 16 Dec, 2020 09:02pm

World

Rouhani says Iran 'very happy' Trump leaving

"Some say you are overexcited by the advent of Mr. Biden. No, we are not, but we are very happy to see Trump leave," he said in televised comments at a cabinet meeting.

Published 16 Dec, 2020 05:00pm

World

Biden joins battle for Senate as top Republican accepts win

"Honk for your next United States senators Jon Ossoff and Rev. Raphael Warnock," Biden told the crowd at the drive-in event in Atlanta as he urged voters to turn out in force on January 5.

Published 16 Dec, 2020 04:44pm

World

Biden will keep using U.S. sanctions weapon but with sharper aim – sources

The revised strategy will be crafted with help from a broad review of sanctions programs that will begin soon after Biden’s inauguration, the sources said on condition of anonymity.
“It won’t be a pullback or a push forward,” said one person close to Biden’s transition team. “It will be a readjustment in the use of the sanctions tool.”

Published 16 Dec, 2020 04:11pm

World

Biden to be sworn into office in largely virtual event as COVID-19 rages

Both the ceremony and traditional parade that follows will have limited attendance and be reimagined, the committee planning the event said in a statement.
The committee is urging members of the public to refrain from traveling to Washington for the inauguration, which in the past has drawn hundreds of thousands.

Published 16 Dec, 2020 12:09pm

World

Biden team close to announcing picks for core climate and energy jobs

The picks include a diverse list of nominees to head the departments of Energy, Transportation and the Interior, as well as a new office leading domestic climate policy coordination at the White House, the sources said.

Published 16 Dec, 2020 10:22am

World

Biden says he'll receive coronavirus vaccination publicly soon

More than 300,000 people have died from Covid-19 in the US and a winter surge is continuing across much of the country.

Published 16 Dec, 2020 01:19am

World

Biden picks ex-rival Buttigieg as transportation secretary: US media

The Harvard- and Oxford-educated Buttigieg was also the first openly gay person to mount a major presidential campaign in the United States.

Published 16 Dec, 2020 01:17am

World

Biden has call with McConnell after top Senate Republican acknowledges win

McConnell congratulated Biden and Vice President-elect Kamala Harris on their victory during remarks on the Senate floor on Tuesday.
"While we disagree on a lot of things, there are things we can work together on," Biden told.

Updated 16 Dec, 2020 12:17am

World

U.S. Senate leader McConnell acknowledges Biden winner of U.S. presidency

In remarks on the Senate floor, McConnell acknowledged the Democrats' win of the White House following Monday's formal result issued by the Electoral College.

Published 15 Dec, 2020 08:55pm

Business & Finance

Fed joins global club of peers in climate change fight

Powell has said that making sure the financial system is “resilient” against risks, including climate change, fits with the Fed’s congressionally assigned mandates.

Published 15 Dec, 2020 08:22pm

World

Mexico's Lopez Obrador congratulates Biden on U.S. election win

Mexico's President Andres Manuel Lopez Obrador on Tuesday said he had sent a letter to congratulate Joe Biden on his victory in the U.S. presidential election.

Published 15 Dec, 2020 08:15pm

Markets

Mexican peso firms with focus on central bank bill debate

Ratings agency Moody's warned late on Monday that the reform would be "credit negative" for the sovereign because it would compromise the bank's autonomy.

Published 15 Dec, 2020 08:09pm

World

After the White House, Trump faces uncertain future and legal threats

President Donald Trump is leaving the White House but he is not going to fade away quietly.
They include another White House run in 2024 or new pursuits in media. But they are clouded by potential legal jeopardy and business challenges.

Published 15 Dec, 2020 06:58pm

World

Fresh off Electoral College win, Biden to stump in Georgia for Democratic Senate candidates

A day after the Electoral College confirmed his presidential victory, Joe Biden will travel to Georgia on Tuesday to campaign for two Democratic U.S. Senate candidates.
Biden’s narrow win in the Southern state in November’s presidential election completed its transformation from Republican stronghold to one of the country’s most competitive political battlegrounds.

Updated 15 Dec, 2020 06:57pm

World

Putin congratulates Joe Biden on U.S. election victory - Kremlin

Russian President Vladimir Putin on Tuesday congratulated Joe Biden on his victory in the U.S. presidential election.
“For my part, I am ready for interaction and contact with you,” the Kremlin cited Putin as saying in a statement.

Published 15 Dec, 2020 01:01pm

World

Biden says Trump 'refused to respect the will of the people'

"The flame of democracy was lit in this nation a long time ago. And we now know nothing, not even a pandemic or an abuse of power can extinguish that," Biden said.

Published 15 Dec, 2020 11:09am

World

Senior Republicans accept Biden as president-elect, reject talk of overturning election

As a few of President Donald Trump’s most loyal backers contemplated a last-ditch effort to reverse his Nov. 3 election defeat, a growing number of Republicans appeared ready to defy Trump and recognize Biden as the winner more than a month after the vote.

Published 15 Dec, 2020 10:31am

World

'Democracy prevailed,' Biden says after U.S. Electoral College confirms his win

“In this battle for the soul of America, democracy prevailed,” Biden said in a prime-time speech from his hometown of Wilmington, Delaware. “Now it’s time to turn the page, as we’ve done throughout our history – to unite, to heal.”

Published 15 Dec, 2020 10:24am

World

US Electoral College to confirm Biden victory

Most electoral voters are unknown to the wider public, but national personalities occasionally take part -- with Trump's 2016 rival Hillary Clinton voting Monday in New York.

Published 15 Dec, 2020 02:23am

World

Iran's missile programme is non-negotiable, says Rouhani

Biden appears to see a return to the 2015 international nuclear deal as a prelude to wider talks on Iran's nuclear work, its ballistic missiles and regional activities.

Published 14 Dec, 2020 06:17pm

World

Biden considers former EPA chief McCarthy for domestic climate czar

8 Under his leadership at the North Carolina agency, Duke Energy agreed to the largest coal ash cleanup in the United States in January.

Published 14 Dec, 2020 11:40am

World

President Trump says "it's not over", ahead of Electoral College meeting

The Electoral College will officially vote on Monday, as it is expected to cement Biden’s presidential victory ahead of his inauguration in January.
“No, it’s not over,” Trump said. “We keep going and we’re going to continue to go forward.”

Updated 14 Dec, 2020 11:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 2	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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