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Reuters

Business

Wells Fargo CEO ruffles feathers with comments about diverse talent

While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of black talent to recruit from.
There is an amazing amount of Black talent out there.

Published 22 Sep, 2020 11:00pm

World

China, India agree not to send more troops to border flashpoint

Senior military officials from the both countries met on Monday and exchanged ideas on their contested border.
The two sides also agreed to hold the 7th round of Military Commander-Level Meeting as soon as possible.

Published 22 Sep, 2020 10:58pm

World

Airlines call for COVID-19 tests before all international flights

Rapid and affordable antigen tests that can be administered by non-medical staff are expected to become available in "coming weeks" and should be rolled out under globally agreed standards.
We don't see any alternative solution that would be less challenging or more effective,

Published 22 Sep, 2020 10:56pm

Markets

Dollar rises on safe-haven bid, stocks mixed

Crude rose after a hard fall on Monday while stocks in Europe and Wall Street offset most of the losses elsewhere.
Sterling took a hit after UK Prime Minister Boris Johnson told Britons to go back to working from home.

Published 22 Sep, 2020 10:55pm

World

South Korea's Moon proposes regional initiative to battle COVID-19, engage North Korea

Moon said collective protection of life and safety would lay the groundwork for North Korea to have its security guaranteed by engaging with the international community. *Moon proposed launching a "Northeast Asia Cooperation Initiative for Infectious Disease Control and Public Healt.

Published 22 Sep, 2020 10:52pm

World

Russia's Putin wants stronger WHO, proposes conference on coronavirus vaccine

We are proposing to hold an online high-level conference shortly for countries interested in cooperation in the development of anti-coronavirus vaccines.
Several countries are now considering adopting emergency measures that would fast-track approval of a vaccine in a similar way.

Published 22 Sep, 2020 10:51pm

World

Spain adds nearly 10,800 coronavirus infections in a day as new curbs loom

That included 3,125 cases diagnosed in the last 24 hours, but these daily figures tend to end up much higher after retroactive updates of the infection tally.
With 21 deaths from the virus in the last day, the total number of COVID-19 fatalities has reached 30,904.

Published 22 Sep, 2020 10:49pm

Business

Elon Musk tempers expectations for Tesla 'Battery Day,' stock dips 5pc

Musk, who frequently launches new products in attention-grabbing, show-like announcements.
Musk has complained in the past that Tesla vehicles are not affordable enough.

Published 22 Sep, 2020 10:44pm

Markets

Paris wheat hits five-month high as Egypt tender fuels Russia rally

Front-month December milling wheat, the most active contract on Paris-based Euronext.
Its highest since April 23 and above Monday's five-month peak of 195 euro.

Published 22 Sep, 2020 10:42pm

Markets

Nasdaq, S&P 500 rise on Amazon boost; Dow under pressure

Dow off 0.09%, S&P 500 up 0.36%, Nasdaq adds 0.68%.
Amazon rises as Bernstein says pandemic tailwind to continue.
Tesla falls after warning of production challenges.
Real estate, consumer discretionary lead sectoral gains.

Published 22 Sep, 2020 10:40pm

World

US CDC reports 199,462 coronavirus deaths

he CDC reported its tally of cases of the respiratory illness known as COVID-19.
The CDC figures do not necessarily reflect cases reported by individual states.

Published 22 Sep, 2020 10:39pm

World

Trump demands action against China over virus, Xi urges cooperation

The leaders of the world's two largest economies laid out their competing visions as relations have plunged to their worst level in decades against the backdrop of the pandemic.
We must hold accountable the nation which unleashed this plague onto the world, China,

Published 22 Sep, 2020 10:35pm

World

As Afghanistan peace talks stutter, US says violence levels too high

By any measure, current levels of violence are too high.
"We know that reductions are possible," Khalilzad said.
"I want to assure the Afghan women that we will be with them," Khalilzad said.

Published 22 Sep, 2020 10:30pm

Business

Ford to invest $1.46bn in Canada plants as part of Unifor union deal

The deal includes retooling the Oakville plant to build five electric vehicle (EV) models between 2025 and 2028.
The deal is beneficial for Ford as it averts a strike at the US automaker's Canada plants.

Published 22 Sep, 2020 10:29pm

World

Fed's Barkin says recent labor market improvements will slow

Many small businesses are reducing staff to adjust to lower demand, and the level of people filing for jobless claims for the first time each week remains elevated six months after the shutdown.
If this rate of initial claims continues, you have to imagine the recent improvements in the labor market are going to slow.

Published 22 Sep, 2020 10:27pm

Markets

Cotton gains after 5-session fall; strong dollar caps upside

Having posted losses in the last five sessions, cotton contracts for December rose 0.21 cent, or 0.3%, to 65.45 cents per lb,
It traded within a range of 65 and 65.95 cents a lb.

Published 22 Sep, 2020 10:25pm

World

Turkey, Greece agree to resume talks after four years

The talks, which broke off in 2016 after 60 rounds that made little progress over 14 years, will resume in "the near future" in Istanbul.
Turkey also gave no timing for a resumption of the talks but a senior official said they could begin by the end of the month.

Published 22 Sep, 2020 10:23pm

Markets

Venezuela's PDVSA to sell crude cargo to Iran's national oil company

Venezuela and Iran are under sanctions imposed by the United States, hurting their oil industries and hitting crude exports.
Washington has sought to disrupt the deepening bilateral trade between the two countries.

Published 22 Sep, 2020 10:21pm

Business

Up to 1,000 Barclays, SocGen staff revert to home working as advice shifts

Barclays, SocGen among banks telling staff to stay home.
Banks had just begun return to offices in Britain.
Government reverses 'back to workplace' stance of recent weeks.

Published 22 Sep, 2020 10:15pm

Markets

C$ recovers from 6-week low as global markets trade steadier

Stock markets clawed back some ground, a day after rising second waves of the coronavirus epidemic led to a sharp sell-off.

Published 22 Sep, 2020 07:46pm

Gainers
Losers
Leaders

Stock	Price
Bal. Wheel / Sep 23 Baluchistan Wheels Limited(BWHL)	75.2300 ▲ 10.48 (14.29%)
First Equity Mod. / Sep 23 First Equity Modaraba(FEM)	4.1900 ▲ 0.49 (13.24%)
Mian Textile / Sep 23 Mian Textile Industries Limited(MTIL)	6.1000 ▲ 0.50 (5.18%)
Orix Moda. / Sep 23 Orix Modaraba(ORIXM)	19.1500 ▲ 0.85 (4.64%)
Asim Textile / Sep 23 Asim Textile Mills Limited(ASTM)	9.0000 ▲ 0.39 (4.41%)
Zephyr Tex / Sep 23 Zephyr Textiles Limited(ZTL)	8.0000 ▲ 0.25 (3.23%)
TPL Trakker / Sep 23 TPL Trakker Limited(TPLT)	10.0000 ▲ 0.30 (3.09%)
Redco Tex. / Sep 23 Redco Textiles Limited(REDCO)	7.0000 ▲ 0.11 (1.60%)
K.S.B. Pumps / Sep 23 KSB Pumps Company Limited(KSBP)	287.2683 ▲ 14.27 (1.47%)
Crescent Star / Sep 23 Crescent Star Insurance Limited(CSIL)	3.5000 ▲ 0.40 (1.25%)

Stock	Price
Trust Mod. / Sep 23 Trust Modaraba(TRSM)	3.2000 ▼ 1.15 (-26.52%)
PICIC Insurance / Sep 23 PICIC Insurance Limited(PIL)	1.3300 ▼ 0.26 (-19.55%)
First Elite Cap. Mod. / Sep 23 First Elite Capital Modaraba(FECM)	3.1500 ▼ 0.75 (-19.46%)
Saudi Pak Leas. / Sep 23 Saudi Pak Leasing Company Limited(SPLC)	1.9900 ▼ 0.38 (-16.58%)
Popular Islamic Mod. / Sep 23 Popular Islamic Modaraba(PIM)	7.0100 ▼ 1.00 (-14.14%)
Al-Mali / Sep 23 Modaraba Al-Mali(MODAM)	8.0000 ▼ 1.00 (-12.50%)
Reliance Weav. / Sep 23 Reliance Weaving Mills Limited(REWM)	32.3500 ▼ 3.85 (-11.79%)
Shaheen Ins. / Sep 23 Shaheen Insurance Company Limited(SHNI)	4.5000 ▼ 0.49 (-10.89%)
Bilal Fibres / Sep 23 Bilal Fibres Limited(BILF)	1.6900 ▼ 0.18 (-10.65%)
Pervez Ahmed Cons. / Sep 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.1400 ▼ 0.16 (-10.53%)

Stock	Volume
SILKBANK / Sep 23 Silkbank Limited(SILK)	157,950,500 ▼ 0.10
Unity Foods / Sep 23 Unity Foods Limited(UNITY)	23,258,000 ▼ 1.18
Jahangir Sid. Co. / Sep 23 Jahangir Siddiqui & Co. Ltd.(JSCL)	23,231,000 ▼ 3.85
Hascol Petroleum / Sep 23 Hascol Petroleum Limited(HASCOL)	20,113,000 ▼ 0.77
P.T.C.L.A / Sep 23 Pakistan Telecommunication Company Ltd(PTC)	17,481,000 ▼ 0.76
Bank of Punjab / Sep 23 The Bank of Punjab(BOP)	14,393,000 ▼ 0.51
K-Electric Ltd / Sep 23 K-Electric Limited(KEL)	14,128,000 ▼ 0.21
Aisha Steel / Sep 23 Aisha Steel Mills Limited(ASL)	10,138,000 ▼ 1.49
Maple Leaf / Sep 23 Maple Leaf Cement Factory Limited(MLCF)	9,232,000 ▼ 1.63
Pak Int.Bulk Ter / Sep 23 Pakistan International Bulk Terminal Limited(PIBTL)	8,505,500 ▼ 0.44

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Sep 23	166.25
USD PKR Interbank Buying / Sep 23	166.15
USD to Japanese Yen / Sep 23	104.93
USD to Swiss Franc / Sep 23	0.92
Pound Sterling to USD / Sep 23	1.27
Euro to USD / Sep 23	1.17

Stock	Volume
S&P 500 / Sep 23	3317.49
India Sensex / Sep 23	37734.08
Tokyo Nikkei / Sep 23	23360.30
Nasdaq / Sep 23	10963.64
Hang Seng / Sep 23	23716.85
FTSE 100 / Sep 23	5829.46
Dow Jones / Sep 23	27288.18
Germany DAX 30 / Sep 23	12504.39
France CAC40 / Sep 23	4772.84

Indicator	Value
Weekly Foreign Reserves / Sep 22	19959.00
GDPGROWTH / Sep 22	5.40
Foreign Debt / Sep 22	15087.50
Per Capita Income (CPI) / Sep 22	1516.00
Average CPI / Sep 22	11.11
UK LIBOR / Sep 23	0.08