News stories for Reuters - Business Recorder

Reuters

Markets

Weather helping Ivory Coast's main cocoa crop

ABIDJAN: Well-above average rains mixed with sunny spells last week in most of Ivory Coast's cocoa growing regions...

Published 21 Oct, 2020 02:53am

Business

Early trade in New York: Dollar eases with focus on stimulus talks, election

NEW YORK: The dollar dipped on Tuesday, but moves were muted as investors awaited the outcome of fiscal stimulus...

Published 21 Oct, 2020 02:53am

Business

Aussie, kiwi slip

SYDNEY/WELLINGTON: The Australian dollar eased to a three-week low on Tuesday as the country's central bank edged...

Published 21 Oct, 2020 02:53am

Business

Euro rebounds in Europe

LONDON: The euro rebounded to a one-week high on Tuesday as global stocks recovered from early losses with investors...

Published 21 Oct, 2020 02:53am

Business

Iran's rial climbs

DUBAI: The Iranian rial bounced back from record lows to a near one-month high against the US dollar on Tuesday ...

Published 21 Oct, 2020 02:53am

Business

US single-family homebuilding surges to over 13-year high

WASHINGTON: US single-family homebuilding raced to a more than 13-year high in September, cementing the housing...

Published 21 Oct, 2020 02:53am

Business

Sterling rises against dollar

LONDON: Sterling rose against the dollar but fell versus the strong euro on Tuesday, with investors still searching...

Published 21 Oct, 2020 02:53am

Markets

Stimulus bets drive Wall Street higher

Netflix Inc dipped 0.5% ahead of its third-quarter earnings report.

Published 20 Oct, 2020 11:53pm

Markets

Oil inches up on US stimulus hopes, rising virus cases keep prices in check

However, those countries plan on scaling back the size of its production cuts in January from a current 7.7 million barrels per day (bpd) to roughly 5.7 million bpd in January.

Published 20 Oct, 2020 11:50pm

Trump and Biden 'pooper' figurines steal the show in Catalan nativity

Such was the popularity of the Trump figure in the run-up to the 2016 elections that Alos felt certain he would take the White House, despite polls pointing to a Hillary Clinton victory.

Published 20 Oct, 2020 11:48pm

World

Canada working on possible aid for the airlines and travel sector, says finance minister

The Canadian branch of the International Association of Machinists and Aerospace Workers on Tuesday urged Freeland to consider partially or fully nationalizing Air Canada.

Published 20 Oct, 2020 11:46pm

Trump pushes for major COVID-19 deal over Senate Republican objections, Pelosi optimistic

"It might not be finished by Election Day. It may be finished by Election Day. But I'd want it by next Friday," Pelosi said. "Nov. 1, rent day. Let's see if we can't do that."

Published 20 Oct, 2020 11:43pm

World

US sees British trade deal 'reasonably soon'

The EU and Britain urged each other on Tuesday to compromise to avoid a disruptive Brexit finale.

Published 20 Oct, 2020 11:41pm

Business

Goldman Sachs sends some London staff home following positive tests for COVID-19

Goldman Sachs is one of several banks that has encouraged groups of employees back into its London offices.

Published 20 Oct, 2020 11:39pm

World

Ivory Coast President Ouattara pledges big investment if re-elected

He said the government would tap regional and international debt markets to finance the plan, but did not give details.

Published 20 Oct, 2020 11:38pm

US welcomes Russian offer to freeze warheads totals to extend nuclear pact by a year

Russia said the warhead freeze and one-year extension would be possible if Washington did not make any additional demands.

Published 20 Oct, 2020 11:36pm

Senate leader McConnell said ‘would consider’ larger coronavirus deal

I'm aware that discussions continue between the president and the speaker, about a larger package," McConnell told reporters.

Published 20 Oct, 2020 11:35pm

Business

Exclusive: Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources say

That helped Hong Kong grab the second spot in the global stock exchange league table - after Nasdaq - despite the city reeling from a coronavirus pandemic-hit economy and anti-government protests.

Published 20 Oct, 2020 11:31pm

Business

Impossible Foods launches in Asian grocery stores as it aims to move into China

Brown said Impossible wanted to build a complete plant-based supply chain in the country and make it a domestic industry.

Published 20 Oct, 2020 11:26pm

Business

Bangladesh garment workers pray for orders as pandemic shreds exports

But many workers are struggling without overtime pay, which often accounts for 20% of their monthly income.

Published 20 Oct, 2020 11:21pm

Gainers
Losers
Leaders

Stock	Price
Saritow Sp. / Oct 31 Saritow Spinning Mills Limited(SSML)	4.6000 ▲ 0.89 (23.99%)
Drekkar Kingsway / Oct 31 Drekkar Kingsway Limited(DKL)	6.7000 ▲ 0.70 (11.67%)
Hira Tex. / Oct 31 Hira Textile Mills Limited(HIRAT)	3.0500 ▲ 0.30 (9.12%)
Shabbir Tiles / Oct 31 Shabbir Tiles & Ceramics Limited(STCL)	16.1400 ▲ 1.44 (8.84%)
Summit Bank / Oct 31 Summit Bank Limited(SMBL)	1.9000 ▲ 0.15 (8.57%)
Olympia Mills / Oct 31 Olympia Mills Limited(OML)	11.9000 ▲ 0.90 (8.18%)
Kohinoor Ind. / Oct 31 Kohinoor Industries Limited(KOIL)	8.0000 ▲ 0.50 (6.67%)
Dewan Farooq. Spin. / Oct 31 Dewan Farooque Spinning Mills Limited(DFSM)	2.0000 ▲ 0.11 (5.82%)
D.S. Ind. Ltd. / Oct 31 D.S. Industries Limited(DSIL)	2.2900 ▲ 0.09 (4.09%)
Gharibwal Cem. / Oct 31 Gharibwal Cement Limited(GWLC)	31.2000 ▲ 1.18 (3.63%)

Stock	Price
Crescent Star / Oct 31 Crescent Star Insurance Limited(CSIL)	2.7000 ▼ 0.05 (-1.85%)
Pak Rein. / Oct 31 Pakistan Reinsurance Company Limited(PAKRI)	26.2500 ▼ 0.25 (-0.95%)
Ghani Val. Glass / Oct 31 Ghani Value Glass Limited(GVGL)	42.2500 ▼ 1.25 (-0.73%)
Hum Network / Oct 31 Hum Network Limited(HUMNL)	7.4000 ▼ 0.09 (-0.68%)
Descon Oxy. / Oct 31 Descon Oxychem Limited(DOL)	32.0833 ▼ 0.28 (-0.57%)
Cherat Packaging / Oct 31 Cherat Packaging Limited(CPPL)	204.7500 ▼ 1.75 (-0.49%)
Flying Cement Ltd / Oct 31 Flying Cement Company Limited(FLYNG)	10.2400 ▼ 0.09 (-0.49%)
Azgard Nine / Oct 31 Azgard Nine Limited(ANL)	21.0525 ▼ 0.15 (-0.48%)
Habib Bank Ltd. / Oct 31 Habib Bank Limited.(HBL)	131.2000 ▼ 0.95 (-0.40%)
Pak Oxygen / Oct 31 Pakistan Oxygen Limited(PAKOXY)	151.0000 ▼ 0.45 (-0.28%)

Stock	Volume
Unity Foods / Oct 31 Unity Foods Limited(UNITY)	36,191,000 ▼ 0.39
Pak Int.Bulk Ter / Oct 31 Pakistan International Bulk Terminal Limited(PIBTL)	19,376,500 ▼ 0.14
Hascol Petroleum / Oct 31 Hascol Petroleum Limited(HASCOL)	14,087,709 ▼ 0.10
Maple Leaf / Oct 31 Maple Leaf Cement Factory Limited(MLCF)	13,342,354 ▼ 0.58
Shabbir Tiles / Oct 31 Shabbir Tiles & Ceramics Limited(STCL)	12,744,000 ▼ 1.44
Power Cement / Oct 31 Power Cement Limited(POWER)	10,596,500 ▼ 0.08
Pakistan Refinery / Oct 31 Pakistan Refinery Limited(PRL)	8,876,500 ▼ 0.09
TRG Pak. / Oct 31 TRG Pakistan Limited(TRG)	8,275,000 ▼ 0.56
Fauji Cem. / Oct 31 Fauji Cement Company Limited(FCCL)	6,258,500 ▼ 0.20
Kot Addu / Oct 31 Kot Addu Power Company Limited(KAPCO)	5,871,000 ▼ 0.33

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Oct 30	160.25
USD PKR Interbank Buying / Oct 30	160.20
USD to Japanese Yen / Oct 30	104.63
USD to Swiss Franc / Oct 30	0.92
Pound Sterling to USD / Oct 30	1.29
Euro to USD / Oct 30	1.17

Stock	Volume
S&P 500 / Oct 30	3310.11
India Sensex / Oct 30	39749.85
Tokyo Nikkei / Oct 30	23331.94
Nasdaq / Oct 30	11185.59
Hang Seng / Oct 30	24586.60
FTSE 100 / Oct 30	5581.75
Dow Jones / Oct 30	26659.11
Germany DAX 30 / Oct 30	11598.07
France CAC40 / Oct 30	4569.67

Indicator	Value
Weekly Foreign Reserves / Oct 29	19301.60
GDPGROWTH / Oct 29	5.40
Foreign Debt (PKR billions) / Oct 29	15087.50
Per Capita Income USD (CPI) / Oct 29	1516.00
Average CPI % / Oct 29	11.11
UK LIBOR % / Oct 30	0.08

Reuters

Weather helping Ivory Coast's main cocoa crop

Early trade in New York: Dollar eases with focus on stimulus talks, election

Aussie, kiwi slip

Euro rebounds in Europe

Iran's rial climbs

US single-family homebuilding surges to over 13-year high

Sterling rises against dollar

Stimulus bets drive Wall Street higher

Oil inches up on US stimulus hopes, rising virus cases keep prices in check

Trump and Biden 'pooper' figurines steal the show in Catalan nativity

Canada working on possible aid for the airlines and travel sector, says finance minister

Trump pushes for major COVID-19 deal over Senate Republican objections, Pelosi optimistic

US sees British trade deal 'reasonably soon'

Goldman Sachs sends some London staff home following positive tests for COVID-19

Ivory Coast President Ouattara pledges big investment if re-elected

US welcomes Russian offer to freeze warheads totals to extend nuclear pact by a year

Senate leader McConnell said ‘would consider’ larger coronavirus deal

Exclusive: Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources say

Impossible Foods launches in Asian grocery stores as it aims to move into China

Bangladesh garment workers pray for orders as pandemic shreds exports

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