News stories for BR Web Desk - Business Recorder

BR Web Desk

World

President Biden to focus on COVID-19, China, at his first G7 summit

In his upcoming meeting with world leaders from the G-7, President Joe Biden plans to focus on the global response to the pandemic, according to the White House Press Secretary Jen Psaki on Thursday.
The Trump Administration held a volatile relationship with China, placing tariffs on Chinese goods and blocking supplies to Chinese telecommunications companies; while Biden as repeatedly taken aim at China for its treatment of the minority Uyghur community.

Updated 19 Feb, 2021 01:26pm

World

Rich nations stockpiling a billion more COVID-19 vaccine shots than needed: Report

In an analysis of current supply deals for COVID-19 vaccines, the ONE Campaign said wealthy countries, such as the United States and Britain, should share the excess doses to “supercharge” a fully global response to the pandemic.
On Thursday, the World Health Organization urged nations with vaccines not to share them unilaterally, but to donate them to the global COVAX scheme to ensure fairness.

Updated 19 Feb, 2021 02:55pm

Business & Finance

Citibank loses bid to recover $500M accidentally wired to Revlon Lenders, Federal Judge Rules

Citibank lost the bid to recall $500 million that it accidentally wired last year to a group of companies that loaned money to beauty company Revlon.

Published 18 Feb, 2021 10:49pm

World

UK universities report 40% drop in EU applicants post-Brexit

Statistics released by the British government's Universities and Colleges Admissions Services (UCAS) have revealed that the number of EU citizens applying to study in the United Kingdom has dropped by 40% since Brexit.

Updated 18 Feb, 2021 09:32pm

Pakistan

VSS: PIA to release dues of employees from next week

Over 2,000 employees of the PIA opted for the VSS scheme, initiated by the federal government, said the spokesperson.
A special account has been established in the National Bank of Pakistan (NBP) Karachi branch to release pending dues of PIA employees, he added.

Published 18 Feb, 2021 08:03pm

Pakistan

Pakistan urges India to allow UN, OHCHR, OIC, int’l media to visit IIOJ&K

“Such guided tours are a smokescreen, aimed at diverting international attention from India’s egregious human rights violations in IOK and creating a false impression of normalcy.”
He said the visit means nothing in the absence of access to all the areas and free interaction with the Kashmiri people and the civil society in an atmosphere free of intimidation.

Published 18 Feb, 2021 07:30pm

Business & Finance

Is MG3 coming to Pakistan, teased Javed Afridi

Javed Afridi shared a teaser for 'Morris Garages (MG) in Pakistan', featuring MG3, which is the smallest car in the MG lineup.

Published 18 Feb, 2021 06:24pm

Sports

Aaj entertainment to broadcast the first ever cricket match live from Gwadar

The 'Sooper Hai Pakistan Cup' includes two teams Showbiz Sharks vs Gwadar Dolphins.
Showbiz Sharks will be captained by Waseem Khan CEO PCB and will include Fakhr Alam, Faysal Qureishi, Ali Zafar, Saleem Sheikh, Aijaz Aslam, Shezad Roy, Sami Khan, Kamran Jeelani, Salman Saeed, Ali Safina and Noman Habib.

Published 18 Feb, 2021 06:23pm

Technology

Huawei Mate X2 teaser hints at a new folding screen design

Huawei's teaser for its Mate X2 folding phone hints at a new folding screen design on Weibo.

Published 18 Feb, 2021 06:22pm

Pakistan

Bird repellent system to be installed on Karachi, Lahore airports

The authority has invited Expression of Interest (EOI) from well-reputed firms and individuals having experience in wildlife management preferably at airports to work out a feasibility report in this regard.
The system will be installed at Jinnah International Airport, Karachi and Allama Iqbal International Airport, Lahore.

Updated 18 Feb, 2021 06:04pm

Business & Finance

KIA Lucky Motors Reveals Prices for Sorento

KIA Lucky Motors has revealed prices for all three variants of its new SUV KIA Sorento.
The 2.4 Front Wheel Drive variant will be priced at Rs. 6,999,000, while the price of 2.4 All Wheel Drive and 3.5 Front Wheel Drive variants will be Rs. 7,999,000 and Rs. 8,399,000, respectively.

Published 18 Feb, 2021 04:40pm

Pakistan

Twitter removes Taliban account after tweet threatening Malala

The tweet, which was posted in Urdu, read: “Malala to return home ‘because we have a score to settle with you and your father’, adding that ‘there would be no mistake’ next time.
“This is the ex-spokesperson of Tehrik-i-Taliban Pakistan who claims the attack on me and many innocent people. He is now threatening people on social media. How did he escape?” she tweeted.

Published 18 Feb, 2021 04:27pm

Twitter removes Taliban account after tweet threatening Malala

The tweet, which was posted in Urdu, read: “Malala to return home ‘because we have a score to settle with you and your father’, adding that ‘there would be no mistake’ next time.
“This is the ex-spokesperson of Tehrik-i-Taliban Pakistan who claims the attack on me and many innocent people. He is now threatening people on social media. How did he escape?” Malala tweeted.

Updated 18 Feb, 2021 04:25pm

Sports

Six players to watch-out for in HBL PSL 2021

The tournament is all set to commence from February 20 in Karachi.
Defending Champions Karachi Kings will face Quetta Gladiators in the opening fixture at the National Stadium.

Updated 18 Feb, 2021 03:46pm

Pakistan

ACE makes progress in fake vehicle registration scam in Punjab

Thousands of vehicles were registered via bogus auctions in name of a government department, said ACE.
Some employees of the provincial excise and taxation department registered these vehicles, inflicting losses to the tune of billions of rupees on the provincial exchequer.

Updated 18 Feb, 2021 02:53pm

Pakistan

Senate election: ECP rejects nomination papers of Pervaiz Rasheed

PML-N leader's nomination papers were rejected after his name featured in defaulter list of Punjab House.
A total of six objections were raised on his nomination for a Senate seat.

Published 18 Feb, 2021 01:52pm

World

Indian university caught selling 36,000 fake degrees, according to police investigation

Manav Bharti University in the state of Himachal Pradesh, had sold over 36,000 fake degrees over the span of almost a decade.
It was revealed that out of a total of 41,000 degrees issued by the Manav Bharti University, a mere 5000 were found to be verified and legitimate.

Published 18 Feb, 2021 12:53pm

Pakistan

Senior PMLN leader Senator Mushahid Ullah Khan passes away in Islamabad

PMLN's senior leader Mushaid Ullah Khan has passed away in Islamabad.
Khan was one of the most senior leaders of the party and served in many important positions throughout his political career.

Updated 18 Feb, 2021 02:21am

Pakistan

Govt may lift Covid-19 restrictions from March 1

The huddle discussed the overall political, economical and COVID situation of the country.
The federal cabinet meeting also briefed the prime minister about the downward trend of the infection in Pakistan.

Updated 17 Feb, 2021 09:30pm

Pakistan

Poisonous gas inside coalmine kills four labourers in Balochistan

The gas spread inside the mine, suffocating the four miners to death, while two others got stuck in the mine, said Levies officials.
The deceased miners were busy working inside the coalmine when the poisonous gas spread suddenly and filled the place.

Updated 17 Feb, 2021 07:36pm

Gainers
Losers
Leaders

Stock	Price
KASB Mod. / Mar 2 KASB Modaraba(KASBM)	3.20 ▲ 0.40 (14.29%)
Colony Textile / Mar 2 Colony Textile Mills Limited(CTM)	6.80 ▲ 0.53 (8.45%)
Fazal Cloth / Mar 2 Fazal Cloth Mills Limited(FZCM)	210.70 ▲ 14.70 (7.50%)
Indus Dyeing / Mar 2 Indus Dyeing & Manufacturing Co. Limited(IDYM)	644.44 ▲ 44.96 (7.50%)
S. S. Oil / Mar 2 S.S.Oil Mills Limited(SSOM)	92.45 ▲ 6.45 (7.50%)
Suraj Cotton / Mar 2 Suraj Cotton Mills Limited(SURC)	251.55 ▲ 17.55 (7.50%)
Tandlianwala / Mar 2 Tandlianwala Sugar Mills Limited(TSML)	158.06 ▲ 11.02 (7.49%)
Shabbir Tiles / Mar 2 Shabbir Tiles & Ceramics Limited(STCL)	26.88 ▲ 1.87 (7.48%)
Crescent Fib. / Mar 2 Crescent Fibres Limited(CFL)	66.99 ▲ 4.64 (7.44%)
Sunrays Tex. / Mar 2 Sunrays Textile Mills Limited(SUTM)	865.00 ▲ 59.76 (7.42%)

Stock	Price
First Punjab Mod. / Mar 2 First Punjab Modaraba(FPJM)	3.02 ▲ -0.93 (-23.54%)
Saudi Pak Leas. / Mar 2 Saudi Pak Leasing Company Limited(SPLC)	1.40 ▲ -0.20 (-12.50%)
Universal Ins. / Mar 2 The Universal Insurance Company Limited(UVIC)	4.45 ▲ -0.54 (-10.82%)
1st Dawood / Mar 2 First Dawood Investment Bank Limited(FDIBL)	3.00 ▲ -0.32 (-9.64%)
Redco Tex. / Mar 2 Redco Textiles Limited(REDCO)	7.00 ▲ -0.70 (-9.09%)
Dewan Farooq. Spin. / Mar 2 Dewan Farooque Spinning Mills Limited(DFSM)	2.80 ▲ -0.26 (-8.50%)
Tri-Star Power / Mar 2 Tri-Star Power Limited(TSPL)	5.26 ▲ -0.45 (-7.88%)
Invest Cap. Bank / Mar 2 Invest Capital Investment Bank Limited(ICIBL)	3.05 ▲ -0.26 (-7.85%)
Dandot Cement / Mar 2 Dandot Cement Company Limited(DNCC)	11.03 ▲ -0.92 (-7.70%)
PICIC Insurance / Mar 2 PICIC Insurance Limited(PIL)	1.44 ▲ -0.12 (-7.69%)

Stock	Volume
Azgard Nine / Mar 2 Azgard Nine Limited(ANL)	31,723,500 ▼ 0.00
TRG Pak. / Mar 2 TRG Pakistan Limited(TRG)	24,599,249 ▼ 0.00
Unity Foods / Mar 2 Unity Foods Limited(UNITY)	21,189,731 ▼ 0.00
Hum Network / Mar 2 Hum Network Limited(HUMNL)	20,527,500 ▼ 0.00
Byco Petr. / Mar 2 Byco Petroleum Pakistan Limited(BYCO)	18,135,500 ▼ 0.00
Ghani Global Hold. / Mar 2 Ghani Global Holdings Limited(GGL)	17,518,000 ▼ 0.00
Maple Leaf / Mar 2 Maple Leaf Cement Factory Limited(MLCF)	12,115,118 ▼ 0.00
K-Electric Ltd / Mar 2 K-Electric Limited(KEL)	9,206,500 ▼ 0.00
Worldcall / Mar 2 Worldcall Telecom Limited(WTL)	9,074,000 ▼ 0.00
Telecard / Mar 2 Telecard Limited(TELE)	9,041,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 27	158.10
USD PKR Interbank Buying / Feb 27	158.00
USD to Japanese Yen / Feb 27	106.57
USD to Swiss Franc / Feb 27	0.91
Pound Sterling to USD / Feb 27	1.39
Euro to USD / Feb 27	1.21
UK LIBOR % / Feb 27	0.08

Stock	Volume
S&P 500 / Feb 27	3811.15
India Sensex / Feb 27	49099.99
Tokyo Nikkei / Feb 27	28966.01
Nasdaq / Feb 27	13192.35
Hang Seng / Feb 27	28980.21
FTSE 100 / Feb 27	6483.43
Dow Jones / Feb 27	30932.37
Germany DAX 30 / Feb 27	13786.29
France CAC40 / Feb 27	5703.22

Item	Value
Crude Oil / Feb 27	61.50
Karachi Cotton Assoc. / Feb 27	12200.00
Gold 10 Grams / Feb 27	94564.00
Gold Spot / Feb 27	1728.80
Cotton / Feb 27	88.83

BR Web Desk

President Biden to focus on COVID-19, China, at his first G7 summit

Rich nations stockpiling a billion more COVID-19 vaccine shots than needed: Report

Citibank loses bid to recover $500M accidentally wired to Revlon Lenders, Federal Judge Rules

UK universities report 40% drop in EU applicants post-Brexit

VSS: PIA to release dues of employees from next week

Pakistan urges India to allow UN, OHCHR, OIC, int’l media to visit IIOJ&K

Is MG3 coming to Pakistan, teased Javed Afridi

Aaj entertainment to broadcast the first ever cricket match live from Gwadar

Huawei Mate X2 teaser hints at a new folding screen design

Bird repellent system to be installed on Karachi, Lahore airports

KIA Lucky Motors Reveals Prices for Sorento

Twitter removes Taliban account after tweet threatening Malala

Twitter removes Taliban account after tweet threatening Malala

Six players to watch-out for in HBL PSL 2021

ACE makes progress in fake vehicle registration scam in Punjab

Senate election: ECP rejects nomination papers of Pervaiz Rasheed

Indian university caught selling 36,000 fake degrees, according to police investigation

Senior PMLN leader Senator Mushahid Ullah Khan passes away in Islamabad

Govt may lift Covid-19 restrictions from March 1

Poisonous gas inside coalmine kills four labourers in Balochistan

Most Popular Articles

Pakistan eyes to enter $90bn gaming industry with upcoming program

Chughtai Lab and Pfizer Partner to establish Vaccination Centers across Pakistan

Pakistan sees 'light at the end of the tunnel’ as domestic activity indicators pickup: Baqir

MPCL enters into JV Agreement for Potential Mining Projects in Balochistan

Pakistan’s First Ever Motorsports Arena to be Build in KPK

PM vows to provide full support to textile industry amid historic demand