News stories for Reuters - Business Recorder

Reuters

World

UK shopper numbers down 10.9pc last week as lockdowns bite

On Jan. 4, British Prime Minister Boris Johnson ordered England into a new national lockdown to contain a surge in COVID-19 cases that threatens to overwhelm parts of the health system.
Springboard said footfall was down 14.6% in shopping centres, 11.5% lower in high streets and down 5.8% in retail parks.

Published 18 Jan, 2021 05:07pm

Markets

Total spurs renewables drive with $2.5bn stake in India's Adani Green

French group cutting reliance on oil.
Total to get 20% stake in Adani Green Energy Limited.
It will also have 50% share of AGEL's solar power assets.

Published 18 Jan, 2021 05:05pm

World

UN rights office calls for immediate release of Navalny

We are deeply troubled by the arrest of Aleksei Navalny, and call for his immediate release and for his due process rights to be respected in line with the rule of law.

Published 18 Jan, 2021 05:03pm

Sports

Neville steps down as England women's team manager

Former Manchester United and England defender Neville, 43, has been talking to David Beckham's Inter Miami and is expected to become their next manager.
The FA said in a statement it would appoint an interim head coach to lead the Lionesses until Sarina Wiegman.

Published 18 Jan, 2021 05:01pm

World

Vaccine nationalism puts world on brink of 'catastrophic moral failure': WHO chief

WHO chief denounces "me-first" approach to vaccines.
Vaccine-sharing scheme due to roll out in February.
Reform, financing of WHO on meeting agenda.

Published 18 Jan, 2021 04:59pm

Sports

FIFA rejects Atletico appeal on Trippier ban

FIFA then placed an embargo on the ban on Jan. 2 following an appeal by Atletico.
Trippier missed two La Liga games due to the ban but returned and provided an assist in last Tuesday's 2-0 win over Sevilla which kept Atletico top of La Liga.

Published 18 Jan, 2021 04:57pm

World

Norway to ease some COVID-19 restrictions, keep others

Although the measures seem to be working, and the infection rates are somewhat lower, the situation is still uncertain.
Bars and restaurants are however still banned from serving alcohol until further notice.

Published 18 Jan, 2021 04:56pm

Business & Finance

China's Evergrande to redeem $2bn of convertible bonds early

Investors have been concerned about cashflow at Evergrande, whose interest-bearing indebtedness is about $110 billion.
The company said in a filing it had arranged internal funds to redeem the convertible bonds that carry a 4.25% coupon.

Published 18 Jan, 2021 04:52pm

Business & Finance

Dubai airline Emirates offers Pfizer, Sinopharm vaccines to staff

The state carrier's management say global inoculation is key to any recovery for the travel industry.
Both Emirates and Singapore Airlines lack a domestic market that could cushion against international border closures.

Published 18 Jan, 2021 04:50pm

Markets

Dollar at 1-month highs as markets eye Biden's FX policy; euro slips

With US markets shut for a holiday on Monday and Joe Biden set to be inaugurated as the next US president on Wednesday.
"I would expect differences in fiscal stimulus to be a driving force for relative performance of currencies this year as it is directly linked to the economic recovery story.

Published 18 Jan, 2021 04:48pm

Markets

Russian wheat export prices jump ahead of tax launch

Moscow is trying to curb domestic food inflation triggered by the COVID-19 crisis by introducing a range of grain export taxes.
Russian wheat with 12.5% protein loading from Black Sea ports for supply before mid-February was at $298 a tonne free on board (FOB) at the end of last week.

Published 18 Jan, 2021 04:46pm

Markets

Oil mixed as Chinese data offsets coronavirus fears

China's economy picked up in fourth quarter.
Libyan oil output cut by 200,000 bpd.
Stronger dollar weighs on prices.

Published 18 Jan, 2021 04:44pm

World

Russia to vaccinate over 20 million people in Q1, says deputy PM

Golikova added that Russia, which has registered two vaccines against the virus, plans to register a third vaccine on Feb. 16.

Published 18 Jan, 2021 04:43pm

Markets

Italian bond yields creep up before key votes in parliament

Italy's Conte faces 2 days of parliamentary votes.
BTP/Bund spread at 113 bps vs low of 98 bps week ago.
Markets look ahead to Thursday ECB meeting.

Published 18 Jan, 2021 04:41pm

World

Will exhaust all means to protect pandemic-hit medical system: Japan PM Suga

Japanese Prime Minister Yoshihide Suga said on Monday his government will take all possible measures to protect the country’s medical system, as hospitals creak under the strain of the COVID-19 pandemic.
Suga this month issued a state of emergency for Tokyo and three surrounding prefectures in a bid to stem a resurgence of infections.

Published 18 Jan, 2021 04:10pm

Business & Finance

Saudi petrochemicals giant SABIC hires NCB for speciality chemicals unit IPO

Analysts said a listing of specialities business would be in line with the company's plan to restructure its business into strategic business units.

Published 18 Jan, 2021 02:15pm

Markets

Oil's supply-led rally peters out as virus cases surge

US companies are also taking advantage of market gains by locking in prices for future sales, sources familiar with the matter told Reuters at the end of last week.

Published 18 Jan, 2021 02:14pm

Business & Finance

Russian airlines' passenger traffic down 46% in 2020

Some 69.17 million passengers flew with Russian airlines, federal aviation agency Rosaviatsiya said, citing preliminary data.

Published 18 Jan, 2021 02:03pm

Markets

Gold gains as US stimulus prospects offset firm dollar

"Our market view remain bullish for the long term as the US dollar is expected to remain structurally weak in the long term."

Published 18 Jan, 2021 01:57pm

World

AstraZeneca, Daiichi's breast cancer drug gets broader US approval

The London-listed company said the approval by the US Food and Drug Administration was based on results from the DESTINY-Gastric01 trial conducted in Japan and South Korea.

Updated 18 Jan, 2021 01:57pm

Gainers
Losers
Leaders

Stock	Price
Colony Textile / Jan 21 Colony Textile Mills Limited(CTM)	6.34 ▲ 1.09 (12.61%)
Hala Enterpries / Jan 21 Hala Enterprises Limited(HAEL)	10.60 ▲ 1.11 (10.42%)
Saudi Pak Leas. / Jan 21 Saudi Pak Leasing Company Limited(SPLC)	1.70 ▲ 0.28 (10.39%)
Saritow Sp. / Jan 21 Saritow Spinning Mills Limited(SSML)	11.00 ▲ 1.20 (10.00%)
Jubilee Sp. / Jan 21 Jubille Spinning & Weaving Mills Limited(JUBS)	5.75 ▲ 0.62 (8.90%)
Safe Mix / Jan 21 Safe Mix Concrete Limited(SMCPL)	8.00 ▲ 0.89 (8.70%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	12.97 ▲ 0.97 (8.08%)
Cyan Ltd / Jan 21 Cyan Limited(CYAN)	50.48 ▲ 3.52 (7.50%)
Friesland. Engro / Jan 21 Frieslandcampins Engro Foods Limited(FCEPL)	87.32 ▲ 8.42 (7.50%)
Fazal Cloth / Jan 21 Fazal Cloth Mills Limited(FZCM)	198.76 ▲ 13.86 (7.50%)

Stock	Price
Al-Mali / Jan 21 Modaraba Al-Mali(MODAM)	4.60 ▼ 0.37 (-12.05%)
Premier Ins. / Jan 21 Premier Insurance Limited(PINL)	5.00 ▼ 0.74 (-8.93%)
PICIC Insurance / Jan 21 PICIC Insurance Limited(PIL)	1.33 ▼ 0.06 (-8.90%)
Habib Metro Mod / Jan 21 Habib Metro Modaraba(HMM)	7.50 ▼ 0.00 (-7.98%)
F.Treet Manuf.Mod / Jan 21 First Treet Manufacturing Modaraba(FTMM)	16.16 ▼ 0.00 (-7.50%)
Data Agro / Jan 21 Data Agro Limited(DAAG)	15.80 ▼ 0.72 (-7.49%)
Ahmad Hassan / Jan 21 Ahmad Hassan Textile Mills Limited(AHTM)	45.54 ▼ 0.00 (-6.95%)
Suraj Cotton / Jan 21 Suraj Cotton Mills Limited(SURC)	230.00 ▼ 0.00 (-6.12%)
Allied Rental Mod / Jan 21 Allied Rental Modaraba(ARM)	9.51 ▼ 0.00 (-5.37%)
Samin Textile / Jan 21 Samin Textiles Limited(SMTM)	8.00 ▼ 0.90 (-5.33%)

Stock	Volume
K-Electric Ltd / Jan 21 K-Electric Limited(KEL)	102,132,000 ▼ 0.34
SILKBANK / Jan 21 Silkbank Limited(SILK)	42,706,000 ▼ 0.12
Unity Foods / Jan 21 Unity Foods Limited(UNITY)	41,064,248 ▼ 1.85
Hum Network / Jan 21 Hum Network Limited(HUMNL)	38,635,500 ▼ 0.73
Power Cement / Jan 21 Power Cement Limited(POWER)	28,183,000 ▼ 0.53
Pak Int.Bulk Ter / Jan 21 Pakistan International Bulk Terminal Limited(PIBTL)	24,577,000 ▼ 0.64
TRG Pak. / Jan 21 TRG Pakistan Limited(TRG)	21,702,000 ▼ 2.21
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	21,122,000 ▼ 0.97
Jahangir Sid. Co. / Jan 21 Jahangir Siddiqui & Co. Ltd.(JSCL)	16,825,000 ▼ 2.08
Fauji Foods / Jan 21 Fauji Foods Limited(FFL)	14,496,500 ▼ 0.70

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 21	160.55
USD PKR Interbank Buying / Jan 21	160.45
USD to Japanese Yen / Jan 21	103.54
USD to Swiss Franc / Jan 21	0.89
Pound Sterling to USD / Jan 21	1.37
Euro to USD / Jan 21	1.21

Stock	Volume
S&P 500 / Jan 21	3851.85
India Sensex / Jan 21	49792.12
Tokyo Nikkei / Jan 21	28523.26
Nasdaq / Jan 21	13457.25
Hang Seng / Jan 21	29962.47
FTSE 100 / Jan 21	6740.39
Dow Jones / Jan 21	31188.38
Germany DAX 30 / Jan 21	13921.37
France CAC40 / Jan 21	5628.44