News stories for Reuters - Business Recorder

Reuters

World

Pelosi says Trump stimulus proposal is 'one step forward, two steps back'

In a weekly letter to Democratic colleagues, Pelosi said the Trump administration's proposal lacked a "strategic plan to crush the virus".
Treasury Secretary Steven Mnuchin floated the $1.8 trillion proposal in a 30-minute Friday afternoon phone conversation.

Published 11 Oct, 2020 12:33am

World

US CDC reports 213,037 deaths from coronavirus

The CDC reported its tally of cases of the respiratory illness known as COVID-19, caused by a new coronavirus.

Published 11 Oct, 2020 12:31am

World

North Korea unveils 'monster' new intercontinental ballistic missile at parade

New missile may carry more warheads – analysts.
Parade features long-range missiles for first time since 2018.
State TV broadcasts edited footage of unusual predawn parade.
N.Korean leader thanks troops for preventing coronavirus outbreak.

Published 11 Oct, 2020 12:20am

World

Iran short of 'significant quantity' of potential bomb material: IAEA boss

"The Iranians continue to enrich uranium, and to a much higher degree than they have committed themselves to. And this amount is growing by the month."
In the IAEA we do not talk about breakout time. We look at the significant quantity, the minimum amount of enriched uranium or plutonium needed to make an atomic bomb.

Published 11 Oct, 2020 12:16am

Business

Air Canada slashes Transat buyout price by nearly 75pc as COVID-19 hits traffic

The country's largest carrier had secured Transat shareholders' approval for the deal last year with an C$18.00 a share bid.
Companies have been cancelling deals amid COVID-19 uncertainty, with aircraft parts suppliers Hexcel Corp.

Published 11 Oct, 2020 12:11am

World

Hurricane Delta's winds topple gear, disrupt US oil refineries

Delta's fierce winds tore roofs off homes, cut electric power and disrupted energy operations as far away as Port Arthur, Texas, 65 miles.
Total SA's 225,500 barrel-per-day (bpd) refinery lost power, Valero Energy Corp's 335,000 bpd plant lost a cooling tower.

Published 11 Oct, 2020 12:09am

World

Appearing at White House, Trump holds first public event since COVID-19 diagnosis

Standing alone and not wearing a mask, Trump spoke from the White House balcony at an event called "a peaceful protest for law & order,"
It was the first public event Trump has held since he was released from the hospital on Monday.

Published 11 Oct, 2020 12:06am

Business

Audi says plant in Mexico remains open, debt dispute denied by company

The plant is located in the central state of Puebla. Media had reported officials from the local municipality shut the facility.
There were efforts like what's been reported in the news, but they weren't able to close the plant.

Updated 11 Oct, 2020 12:06am

World

Ukraine reports record daily jump in coronavirus deaths

The council said a total of 256,266 cases had been registered in Ukraine as of Oct. 10, with 4,887 deaths and 112,570 people recovered.

Published 10 Oct, 2020 05:21pm

World

Trump plans return to campaign with first public event since COVID-19 diagnosis

Trump has been sidelined for more than week since his COVID-19 diagnosis during a critical juncture in campaigning for the Nov. 3 election.

Published 10 Oct, 2020 05:18pm

World

Russia reports new all-time record of daily coronavirus cases

Russia's coronavirus crisis center said 197 more deaths were confirmed in the last 24 hours, bringing the official death toll to 22,454.

Published 10 Oct, 2020 05:17pm

World

Philippines records 2,249 new coronavirus cases, 87 more deaths

In a bulletin, the ministry said total confirmed cases in the Philippines have increased to 336,926, the highest in Southeast Asia, while deaths have reached 6,238.

Published 10 Oct, 2020 05:15pm

World

Indonesia reports 4,294 new coronavirus infections

The Southeast Asia country also reported 88 more people have died from the virus, the lowest daily number in a week.

Published 10 Oct, 2020 05:13pm

Business

Iran's rial hits new low against dollar as economy reels

The dollar was selling for as much as 304,300 rials on the unofficial market, up from 295,940 on Friday, according to the foreign exchange site Bonbast.com.

Published 10 Oct, 2020 05:09pm

World

Germany's confirmed coronavirus cases up 4,721 to 319,381

The reported death toll has risen by 15 to 9,604, the tally showed.

Published 10 Oct, 2020 05:08pm

World

Poland faces new restrictions as daily coronavirus cases hit fifth consecutive high

Poland, a country of 38 million, has so far recorded 121,638 confirmed cases and 2,972 deaths.

Published 10 Oct, 2020 05:06pm

World

US COVID-19 cases hit two-month high, 10 states report record increases

Ten of the 50 states reported record one-day rises in cases on Friday, including the Midwestern states of Indiana, Minnesota, Missouri and Ohio.

Published 10 Oct, 2020 05:04pm

World

Worldwide coronavirus cases cross 36.85 million, death toll at 1,067,129

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

Published 10 Oct, 2020 05:02pm

World

Taiwan president calls for 'meaningful dialogue' with China

China says it is responding to "collusion" between Washington and Taipei, angered at growing US support for the self-governed island.

Published 10 Oct, 2020 04:59pm

World

Malaysia reports 374 new coronavirus cases, 3 deaths

The new cases raise the cumulative tally to 15,096 cases, according to the health ministry.

Published 10 Oct, 2020 04:58pm

Gainers
Losers
Leaders

Stock	Price
First Prud Mod. / Oct 30 First Prudential Modaraba(PMI)	1.2400 ▲ 0.14 (12.73%)
J.A.Textile / Oct 30 J.A. Textile Mills Limited(JATM)	7.0767 ▲ 0.68 (6.25%)
Hira Tex. / Oct 30 Hira Textile Mills Limited(HIRAT)	3.1500 ▲ 0.40 (4.55%)
B. F. Mod. / Oct 30 B.F. Modaraba(BFMOD)	6.1500 ▲ 0.30 (2.56%)
Kohinoor Power / Oct 30 Kohinoor Power Company Limited(KOHP)	2.7800 ▲ 0.42 (2.12%)
Nagina Cot. / Oct 30 Nagina Cotton Mills Limited(NAGC)	43.2500 ▲ 0.75 (1.76%)
Universal Ins. / Oct 30 The Universal Insurance Company Limited(UVIC)	7.0000 ▲ 0.10 (1.45%)
Zephyr Tex / Oct 30 Zephyr Textiles Limited(ZTL)	8.8017 ▲ 0.28 (1.17%)
PICIC Insurance / Oct 30 PICIC Insurance Limited(PIL)	1.5400 ▲ 0.14 (0.67%)
Habib Rice Products / Oct 30 Habib Rice Product Limited(HRPL)	32.0500 ▲ 0.05 (0.16%)

Stock	Price
Tri-Star / Oct 30 Tri-Star Mutual Fund Limited(TSMF)	4.7000 ▼ 0.70 (-14.71%)
Crescent Star / Oct 30 Crescent Star Insurance Limited(CSIL)	3.0500 ▼ 0.40 (-13.11%)
Dewan Farooque Motors / Oct 30 Dewan Farooque Motors Limited(DFML)	7.5900 ▼ 0.99 (-12.35%)
Kohinoor Ind. / Oct 30 Kohinoor Industries Limited(KOIL)	8.9000 ▼ 1.40 (-12.28%)
Asim Textile / Oct 30 Asim Textile Mills Limited(ASTM)	10.7400 ▼ 1.69 (-11.27%)
First Punjab Mod. / Oct 30 First Punjab Modaraba(FPJM)	2.9200 ▼ 0.32 (-10.96%)
Habib Metro / Oct 30 Habib Metropolitan Bank Limited(HMB)	37.5500 ▼ 3.95 (-10.40%)
Summit Bank / Oct 30 Summit Bank Limited(SMBL)	1.9200 ▼ 0.23 (-10.05%)
Ruby Tex. / Oct 30 Ruby Textile Mills Limited(RUBY)	8.4400 ▼ 0.84 (-9.95%)
Askari Life Assur. / Oct 30 Askari Life Assurance Company Limited(ALAC)	8.7000 ▼ 0.80 (-9.20%)

Stock	Volume
Unity Foods / Oct 30 Unity Foods Limited(UNITY)	34,714,500 ▼ 1.39
Pak Int.Bulk Ter / Oct 30 Pakistan International Bulk Terminal Limited(PIBTL)	23,398,000 ▼ 0.72
Hascol Petroleum / Oct 30 Hascol Petroleum Limited(HASCOL)	15,431,529 ▼ 0.68
Hub Power Co. / Oct 30 The Hub Power Company Limited(HUBC)	15,229,993 ▼ 4.58
Maple Leaf / Oct 30 Maple Leaf Cement Factory Limited(MLCF)	12,868,924 ▼ 1.00
Shabbir Tiles / Oct 30 Shabbir Tiles & Ceramics Limited(STCL)	12,648,000 ▼ 1.44
Power Cement / Oct 30 Power Cement Limited(POWER)	10,382,500 ▼ 0.40
Kot Addu / Oct 30 Kot Addu Power Company Limited(KAPCO)	10,058,000 ▼ 1.04
Pakistan Refinery / Oct 30 Pakistan Refinery Limited(PRL)	8,553,500 ▼ 1.00
TRG Pak. / Oct 30 TRG Pakistan Limited(TRG)	8,138,500 ▼ 3.28

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