News stories for BR Web Desk - Business Recorder

BR Web Desk

World

Turkey to expand military cooperation with Pakistan, for coveted Chinese military technology

Turkey has been reportedly pushing to co-manufacture warplanes and missiles in Pakistan, which could potentially grant it access to coveted military technology from China.

Updated 02 Mar, 2021 07:02pm

BR Research

Suzuki to introduce new Swift latter this year: report

The current model is about 11-year-old and reports suggest that in August this year it will finally be discontinued and would be replaced by its newer version.
In the second quarter of the year, the company may introduce the new Swift and the car would be available for sale by the end of this year.

Updated 02 Mar, 2021 05:57pm

Business & Finance

ITI Freight Train to resume operations after 9 years: Razak Dawood

The Istanbul-Tehran-Islamabad (ITI) Freight Train will resume operations this March after nine years, according to a recent tweet by Abdul Razak Dawood.

Published 02 Mar, 2021 03:53pm

BR Research

Hyundai Elantra all set to debut in Pakistan within days

The car is expected to cost between Rs3.6million to Rs4million and it is expected to compete against Honda Civic and Toyota Corolla.
The car is expected to pack a 1.6L Naturally Aspirated 4-Cylinder Petrol Engine. The engine produces 122hp and 156Nm of torque, mated with 6-Speed Manual or 6-Speed Automatic transmission.

Updated 02 Mar, 2021 05:16pm

Sports

Cricket gets forgotten in IPL, PSL more focused on the game: Steyn

“When you come to like a PSL or the Sri Lankan Premier League (SPL), for that matter, there is an importance on the cricket," says the Right-arm pacer.
“I have only been here for a couple of days and I have had people in and out of my room, just wanting to know about where I have played and how I went about it. Whereas, when I go to something like the IPL that gets forgotten and the main topic is how much money did you go for in this IPL?” says Quetta Gladiator fast-bowler.

Updated 02 Mar, 2021 09:30pm

Sports

HBL PSL6 to continue despite three COVID-19 positive cases: PCB

Three more individuals have tested positive for the deadly virus, which includes two foreign players and one local support staff member.
They will remain in quarantine for the next ten days.

Updated 02 Mar, 2021 02:48pm

Business & Finance

Dubai scores another Guinness World Records entry for a Gas Project

The Jebel Ali complex of the Dubai Electricity and Water Authority (DEWA) has been recognized as the largest single-site natural gas power generation facility in the world.

Published 02 Mar, 2021 01:54pm

Pakistan

Process to vaccinate masses to start soon: Dr Yasmin Rashid

The provincial health minister said that an order of 17 million shots of coronavirus vaccines have been placed which will be administered to public, says Punjab Health Minister.
Funds were being squandered by the Punjab health authorities, says PML-N MPA.

Updated 02 Mar, 2021 02:16pm

World

Over 60% of Russians don't want Sputnik V vaccine: Reuters poll

Nearly two thirds of Russians are not willing to receive Russia’s Sputnik V vaccine, and about the same number believe the new coronavirus was created artificially as a biological weapon, an independent pollster said on Monday.

Published 01 Mar, 2021 10:45pm

Pakistan

Govt reportedly offers six Senate seats to opposition from Balochistan

The development came hours after the Supreme Court of Pakistan opined that the Senate election is held "under the Constitution" and thus cannot be conducted through an open ballot, as per the government's demand.
The proposal was tabled by Senate Chairman Sadiq Sanjrani to the opposition lawmaker Ghafoor Haideri.

Published 01 Mar, 2021 08:53pm

Pakistan

World facing pandemic of obesity along with COVID-19: experts

“COVID-19 and obesity are the two pandemics being faced by the world simultaneously and unfortunately, obesity is killing more people in the world as compared to the viral infectious disease."

Published 01 Mar, 2021 07:51pm

World

Biden Administration to reportedly initiate dialogue with Taliban

The Biden Administration's Afghanistan negotiator has begun a diplomatic trip, which will reportedly include the first meeting of the new administration with the Taliban.
The State Department did not immediately provide comment on the agenda Zalmay Khalilzad is bringing to the Taliban, which belatedly resumed peace talks with the U.S. client Afghan government last week.

Published 01 Mar, 2021 07:18pm

World

Ex-French President Sarkozy sentenced to jail in corruption trial

The 66-year-old was found guilty of trying to bribe a judge in Monaco in exchange for inside information on an inquiry into his campaign finances.
The same sentence was handed down to his co-defendants – lawyer Thierry Herzog and judge Gilbert Azibert.

Published 01 Mar, 2021 07:04pm

Pakistan

COAS Bajwa visits logistics installations & workshop in Rawalpindi

The Army Chief visited various facilities and infrastructures of the workshop handling a vast range of specialised transport items for the Army, says ISPR.
General Bajwa appreciated the performance and commitment of the workshop in the provision of top-class maintenance facilities and services as per standard engineering practices in line with modern/latest standards.

Updated 01 Mar, 2021 09:29pm

Sports

Islamabad, Quetta match rescheduled after player tests positive for COVID-19

The match which was originally scheduled to begin at 7pm, at the National Stadium in Karachi, will now take place at 8pm.
Members of his side have tested negative while the players of the other side are being tested.

Updated 01 Mar, 2021 08:35pm

Sports

Criticism drives me to work harder: Iftikhar Ahmed

“I have played before for Islamabad [United] and won a title with them in Karachi. The support staff and the team management is very helpful. It was my wish to play for Islamabad United again. I hope that Islamabad [United] will lift the trophy again.”
“My role as a middle-order batsman is to take the game deep and finish it. So, I try to build the innings by scoring run-a-ball early on and then increase my scoring rate.”

Updated 01 Mar, 2021 05:35pm

Sports

Former Barcelona president Bartomeu, CEO Grau arrested amid Camp Nou raid

The arrests were made amid the on going investigation into ‘BarcaGate’, in which club officials were accused of launching a smear campaign against current and former players who were critical of the club and then-president Bartomeu.
The club also confirmed the development stating that Mossos d’Esquadra entered Barcelona's stadium in a search and seize operation.

Updated 01 Mar, 2021 10:05pm

Pakistan

PM Imran Khan meets MNAs ahead of Senate election

During the meeting the premier listened to grievances of the lawmakers and addressed their reservations.
The National Assembly is the electoral college for the Senate seat on which polling will be held on March 3.

Published 01 Mar, 2021 04:32pm

Technology

GREE unveils another masterpiece in its AC range: Pular AC

With an inclusion of GREE pular series AC into its outstanding range of inverter air conditioners, GREE has surely taken up a step further in living up to the expectations of the customers.
The new Pular AC is equipped with an excellent range of features and functions that will put you in an awe.

Updated 04 Mar, 2021 04:26pm

Pakistan

ATC rejects Haleem Adil Sheikh’s bail plea

The PTI lawmaker was arrested in Darsano Chano on February 16 in two cases.
Samir Sheikh and six others have been granted bail in the cases.

Published 01 Mar, 2021 01:55pm

Gainers
Losers
Leaders

Stock	Price
Premier Ins. / Mar 8 Premier Insurance Limited(PINL)	4.90 ▲ 0.70 (16.67%)
Bal. Glass / Mar 8 Balochistan Glass Limited(BGL)	9.11 ▲ 1.00 (12.33%)
Chashma / Mar 8 Chashma Sugar Mills Limited(CHAS)	75.25 ▲ 5.25 (7.50%)
Janana D Mal / Mar 8 Janana De Malucho Textile Mills Limited(JDMT)	116.27 ▲ 8.11 (7.50%)
Javedan Corp. / Mar 8 Javedan Corporation Limited(JVDC)	28.34 ▲ 1.97 (7.47%)
Ghani Global Hold. / Mar 8 Ghani Global Holdings Limited(GGL)	21.45 ▲ 1.49 (7.46%)
Redco Tex. / Mar 8 Redco Textiles Limited(REDCO)	7.50 ▲ 0.50 (7.14%)
Sindh Abadgar / Mar 8 Sindh Abadgar Sugar Mills Limited(SASML)	15.49 ▲ 0.99 (6.83%)
Jauharabad Sug. / Mar 8 Jauharabad Sugar Mills Limited(JSML)	21.94 ▲ 1.34 (6.50%)
Sapphire Tex. / Mar 8 Sapphire Textile Mills Limited(SAPT)	1046.00 ▲ 63.65 (6.48%)

Stock	Price
Dewan Tex. / Mar 8 Dewan Textile Mills Limited(DWTM)	1.63 ▲ -0.57 (-25.91%)
B. F. Mod. / Mar 8 B.F. Modaraba(BFMOD)	5.44 ▲ -1.00 (-15.53%)
Samin Textile / Mar 8 Samin Textiles Limited(SMTM)	7.00 ▲ -1.00 (-12.50%)
Universal Ins. / Mar 8 The Universal Insurance Company Limited(UVIC)	4.51 ▲ -0.64 (-12.43%)
KASB Mod. / Mar 8 KASB Modaraba(KASBM)	3.26 ▲ -0.39 (-10.68%)
Kohinoor Power / Mar 8 Kohinoor Power Company Limited(KOHP)	4.85 ▲ -0.55 (-10.19%)
First Credit & Inv. / Mar 8 First Credit and Investment Bank Limited(FCIBL)	8.98 ▲ -1.00 (-10.02%)
Bilal Fibres / Mar 8 Bilal Fibres Limited(BILF)	1.90 ▲ -0.19 (-9.09%)
First Punjab Mod. / Mar 8 First Punjab Modaraba(FPJM)	3.00 ▲ -0.30 (-9.09%)
B.R.R. Mod. / Mar 8 B.R.R. Guardian Modaraba(BRR)	12.30 ▲ -1.00 (-7.52%)

Stock	Volume
Azgard Nine / Mar 8 Azgard Nine Limited(ANL)	47,923,000 ▼ 0.00
Unity Foods / Mar 8 Unity Foods Limited(UNITY)	44,735,812 ▼ 0.00
TRG Pak. / Mar 8 TRG Pakistan Limited(TRG)	34,875,420 ▼ 0.00
Pakistan Refinery / Mar 8 Pakistan Refinery Limited(PRL)	20,764,000 ▼ 0.00
Byco Petr. / Mar 8 Byco Petroleum Pakistan Limited(BYCO)	19,754,000 ▼ 0.00
Ghani Global Hold. / Mar 8 Ghani Global Holdings Limited(GGL)	17,440,500 ▼ 0.00
Telecard / Mar 8 Telecard Limited(TELE)	16,268,500 ▼ 0.00
K-Electric Ltd / Mar 8 K-Electric Limited(KEL)	10,353,500 ▼ 0.00
Fauji Fert. Bin / Mar 8 Fauji Fertilizer Bin Qasim Limited(FFBL)	10,014,000 ▼ 0.00
Pak Int.Bulk Ter / Mar 8 Pakistan International Bulk Terminal Limited(PIBTL)	9,099,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 6	157.18
USD PKR Interbank Buying / Mar 6	157.08
USD to Japanese Yen / Mar 6	108.31
USD to Swiss Franc / Mar 6	0.93
Pound Sterling to USD / Mar 6	1.38
Euro to USD / Mar 6	1.19
UK LIBOR % / Mar 6	0.08

Stock	Volume
S&P 500 / Mar 6	3841.94
India Sensex / Mar 6	50405.32
Tokyo Nikkei / Mar 6	28864.32
Nasdaq / Mar 6	12920.15
Hang Seng / Mar 6	29098.29
FTSE 100 / Mar 6	6630.52
Dow Jones / Mar 6	31496.30
Germany DAX 30 / Mar 6	13920.69
France CAC40 / Mar 6	5782.65