News stories for Reuters - Business Recorder

Reuters

World

Russia to submit Sputnik V vaccine for EU approval, says RDIF chief

Peer-reviewed results of the vaccine would be released shortly and would demonstrate its high efficacy, fund chief Kirill Dmitriev said.
Sputnik V would be produced in seven countries. He added that regulators in nine countries are expected to approve the vaccine for domestic use this month.

Published 14 Jan, 2021 04:46pm

World

COVID-19 infection gives some immunity for at least five months, UK study finds

People who have had COVID-19 are highly likely to have immunity to it for at least five months but there is evidence that those with antibodies may still be able to carry and spread the virus.
But experts cautioned that the findings mean people who contracted the disease in the first wave of the pandemic in the early months of 2020 may now be vulnerable to catching it again.

Published 14 Jan, 2021 03:23pm

Business & Finance

German bond yields dip again over Italian political chaos

The moves on German Bunds run counter to other major government bonds around the world, where yields have been pushed up by the promise of a big stimulus package from US President-elect Joe Biden.

Published 14 Jan, 2021 02:23pm

Business & Finance

Allianz announces medium-term green targets for some investments

The 25% reduction by 2025 affects equities and corporate bonds and is based on investment levels from 2019.

Published 14 Jan, 2021 02:22pm

Markets

ECB's Lagarde calls for regulating Bitcoin's ‘funny business’

Lagarde did not provide specific examples of money laundering cases but said she understood there had been criminal investigations into illegal activity. She did not elaborate.

Published 14 Jan, 2021 01:11pm

World

US Senate's McConnell hasn't decided how he will vote on impeachment

I have not made a final decision on how I will vote.

Published 14 Jan, 2021 01:09pm

Business & Finance

US December deficit hits $144bn, record for the month

Receipts for the month rose 3% from a year earlier to $346 billion, while outlays were up 40% to $490 billion.

Published 14 Jan, 2021 01:05pm

Markets

Brazil central bank makes permanent change to time of interest rate announcements

In a statement, the central bank said the publication of the Copom minutes will remain 8 a.m. on the Tuesday of the week following the policy decision and statement.

Published 14 Jan, 2021 01:00pm

World

North Korea's Kim wraps up rare party congress with mass art performance

North Korea has not reported any confirmed cases of the coronavirus, but it has imposed strict border closures, domestic travel restrictions, and other measures to prevent an outbreak.

Published 14 Jan, 2021 12:58pm

World

Saudi crown prince says kingdom offers $6 trillion investment opportunities over next decade

This week, Prince Mohammed unveiled plans to build a zero-carbon city at NEOM, with infrastructure costs of $100 billion to $200 billion.

Published 14 Jan, 2021 12:54pm

Business & Finance

Renault set for makeover as a leaner carmaker under De Meo

The group is likely to exit some unprofitable countries or markets, and has yet to reveal the line-up of cars it wants to entice customers with over the next three to eight years.

Published 14 Jan, 2021 12:50pm

World

Trump condemns Capitol Hill violence in video that does not mention impeachment

The article now will go to the Senate for an impeachment trial.

Published 14 Jan, 2021 12:48pm

World

UN aid chief to urge US to reverse plan to blacklist Yemen's Houthis

In a planned briefing to the UN Security Council, seen by Reuters.

Published 14 Jan, 2021 12:46pm

Sports

Barca edge Sociedad in shootout to reach Super Cup final

Sociedad, who made a blistering start to the La Liga season but have since faded, ran their hearts out to keep Barca at bay in a tight match before the game opened up in extra time, when both sides came close to finding a winner.

Published 14 Jan, 2021 12:45pm

Business & Finance

US asks Tesla to recall 158,000 vehicles for touch screen failures

NHTSA said in November it reviewed 12,523 claims and complaints about the issue, which would impact roughly 8% of the vehicles under investigation.

Published 14 Jan, 2021 12:42pm

Markets

Argentina's wheat harvest seen at 17mn tonnes, exchange says

Recent rains have also helped improve the state of the country's crops ahead of the 2020/2021 harvest, a welcome relief for farmers following a prolonged drought during the southern hemisphere winter.

Published 14 Jan, 2021 12:40pm

Business & Finance

US FAA chief orders 'zero tolerance' for disruptive airline passengers, possibly jail

On Friday, Alaska Airlines said it banned 14 passengers from future travel after "unacceptable" behavior on a flight from Washington to Seattle.

Published 14 Jan, 2021 12:38pm

Markets

Australia shares stand pat ahead of US stimulus plan, earnings

Advancers outnumbered decliners on the ASX by 635 to 496, a 1.3-to-1 ratio. There were 65 new highs and 38 new lows.

Published 14 Jan, 2021 12:35pm

Sports

Mourinho laments Spurs' repeated failure to kill off opponents

It was not a vintage performance for Spurs defenders Davinson Sanchez and Eric Dier who were both beaten in the air by Cavaleiro for Fulham's goal. Mourinho did not name names but pointed the finger at "individual" mistakes.

Published 14 Jan, 2021 12:32pm

Markets

Asia shares make cautious gains after Wall Street rises as US yields fall

The dollar index rose 0.357%, with the euro down 0.42% to $1.2156. The Japanese yen weakened 0.11% versus the greenback at 103.87 per dollar.

Published 14 Jan, 2021 12:29pm

Gainers
Losers
Leaders

Stock	Price
First Pak Modaraba / Jan 17 First Pak Modaraba(PAKMI)	2.20 ▲ 0.32 (4.27%)
Thatta Cement / Jan 17 Thatta Cement Company Limited(THCCL)	21.04 ▲ 0.94 (2.89%)
Pakistan Cables / Jan 17 Pakistan Cables Limited(PCAL)	140.30 ▲ 3.92 (2.45%)
Crescent Star / Jan 17 Crescent Star Insurance Limited(CSIL)	2.80 ▲ 0.10 (1.45%)
First Cap. Sec. / Jan 17 First Capital Securities Corporation(FCSC)	1.64 ▲ 0.12 (1.23%)
Berger Paints / Jan 17 Berger Paints Pakistan Limited(BERG)	115.00 ▲ 4.79 (0.86%)
Nishat (Ch) / Jan 17 Nishat Chunian Limited(NCL)	50.90 ▲ 1.60 (0.77%)
Friends Sp. / Jan 17 Friends Spinning Mills Limited(FRSM)	42.30 ▼ -0.02 (0.71%)
Ghani Auto Ind. / Jan 17 Ghani Automobile Industries Limited(GAIL)	6.30 ▼ -0.08 (0.64%)
Friesland. Engro / Jan 17 Frieslandcampins Engro Foods Limited(FCEPL)	78.99 ▲ 1.19 (0.62%)

Stock	Price
Quice Food / Jan 17 Quice Food Industries Limited(QUICE)	4.81 ▼ 0.13 (-3.41%)
Telecard / Jan 17 Telecard Limited(TELE)	2.72 ▼ 0.33 (-2.86%)
Nimir Resins / Jan 17 Nimir Resins Limited(NRSL)	12.87 ▼ 0.62 (-1.76%)
Kohinoor Ind. / Jan 17 Kohinoor Industries Limited(KOIL)	9.89 ▼ 0.67 (-1.40%)
Power Cement / Jan 17 Power Cement Limited(POWER)	11.74 ▼ 0.89 (-1.34%)
Emco Ind. / Jan 17 Emco Industries Limited(EMCO)	38.00 ▼ 1.76 (-1.30%)
Kohinoor Sp. / Jan 17 Kohinoor Spinning Mills Limited(KOSM)	5.09 ▼ 0.05 (-1.17%)
First Prud Mod. / Jan 17 First Prudential Modaraba(PMI)	1.78 ▼ 0.36 (-1.11%)
D.S. Ind. Ltd. / Jan 17 D.S. Industries Limited(DSIL)	3.61 ▲ -0.11 (-1.10%)
Al Shaheer Corp. / Jan 17 Al Shaheer Corporation Limited(ASC)	16.62 ▼ 0.35 (-1.07%)

Stock	Volume
Hum Network / Jan 17 Hum Network Limited(HUMNL)	38,439,000 ▼ 0.50
Power Cement / Jan 17 Power Cement Limited(POWER)	29,144,000 ▼ 0.89
Fauji Fert. Bin / Jan 17 Fauji Fertilizer Bin Qasim Limited(FFBL)	18,354,500 ▼ 0.24
Gul Ahmed / Jan 17 Gul Ahmed Textile Mills Limited(GATM)	13,493,000 ▼ 3.27
TRG Pak. / Jan 17 TRG Pakistan Limited(TRG)	12,387,000 ▼ 1.90
Kohinoor Sp. / Jan 17 Kohinoor Spinning Mills Limited(KOSM)	12,017,000 ▼ 0.05
Fauji Foods / Jan 17 Fauji Foods Limited(FFL)	7,183,500 ▼ 0.20
Hira Tex. / Jan 17 Hira Textile Mills Limited(HIRAT)	6,696,000 ▼ 0.65
Maple Leaf / Jan 17 Maple Leaf Cement Factory Limited(MLCF)	5,749,000 ▲ -0.17
Dewan Cem. / Jan 17 Dewan Cement Limited(DCL)	5,607,000 ▼ 0.52

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 16	160.35
USD PKR Interbank Buying / Jan 16	160.20
USD to Japanese Yen / Jan 16	103.90
USD to Swiss Franc / Jan 16	0.89
Pound Sterling to USD / Jan 16	1.36
Euro to USD / Jan 16	1.21

Stock	Volume
S&P 500 / Jan 16	3770.02
India Sensex / Jan 16	49034.67
Tokyo Nikkei / Jan 16	28519.18
Nasdaq / Jan 16	12998.50
Hang Seng / Jan 16	28573.86
FTSE 100 / Jan 16	6735.71
Dow Jones / Jan 16	30814.26
Germany DAX 30 / Jan 16	13787.73
France CAC40 / Jan 16	5611.69

Indicator	Value
Weekly Foreign Reserves / Jan 8	20512.10
GDPGROWTH / Jan 8	1.00
Foreign Debt (PKR billions) / Jan 8	17000.00
Average CPI % / Jan 8	11.11
UK LIBOR % / Jan 16	0.09