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Archive - 2020-09-14
Apple expected to unveil updates to Watches, iPads
Technology

Apple expected to unveil updates to Watches, iPads

  • Despite pandemic-related disruptions that Apple executives have said will push the release of the iPhone into October, Apple has posted earnings.
  • Many prominent Apple analysts and watchers have not confirmed the feature.
Published 14 Sep, 2020 09:05pm
ByteDance picks Oracle as partner to try to save TikTok US
Technology

ByteDance picks Oracle as partner to try to save TikTok US

  • Treasury Secretary Mnuchin says US will review deal this week.
  • New Chinese requirement gives Beijing a say in any sale.
  • ByteDance proposes technology partnership with Oracle –sources.
  • Oracle to manage TikTok's US data, may buy stake –sources.
Published 14 Sep, 2020 08:41pm
EU to delay euro clearing decision on Brexit divorce threat
Exchange

EU to delay euro clearing decision on Brexit divorce threat

  • The European Commission was due to formally take that decision later this week, but is now expected to delay it until around the end of the month.
  • The delay was linked to Britain's perceived unpicking of the Withdrawal Agreement it signed with the bloc.
Updated 14 Sep, 2020 06:59pm
Alibaba in talks to invest $3bn in Grab
Companies

Alibaba in talks to invest $3bn in Grab

  • Uber, which surrendered its Southeast Asian operations to Grab in March 2018, took a 27.5 percent stake in Grab's business.
  • In June, Grab announced a 5% reduction in staff numbers as it cut costs amid slower growth.
Published 14 Sep, 2020 05:14pm
Turkish lira near record lows after Moody's downgrade
Forex

Turkish lira near record lows after Moody's downgrade

  • The ratings agency said Turkey's external vulnerabilities are likely to result in a balance of payments crisis.
  • Turkey's prospects have materially weakened. The possibility of a funding shock continues to be the key risk facing the Turkish economy.
Published 14 Sep, 2020 04:59pm
Vaccine hopes lift world stocks, but caution creeps in
Stocks

Vaccine hopes lift world stocks, but caution creeps in

  • AstraZeneca resumes phase-3 trial for coronavirus vaccine.
  • UK, US, Japan central banks meet this week.
  • Japan's Suga wins ruling party leadership race.
  • UK parliament to vote on plan to break Brexit divorce treaty.
Published 14 Sep, 2020 04:23pm
Cars: Near rebound
BR Research

Cars: Near rebound

With lockdowns over and life gone more or less to normal, auto sales are climbing back up. In 2MFY21, recorded car...
Published 14 Sep, 2020 07:45am
PPL in FY20
Exchange

PPL in FY20

The biggest challenge for the exploration and production sector in 2020 has been very weak oil prices – down ...
Published 14 Sep, 2020 07:44am
Cut and run?
BR Research

Cut and run?

Optimism is contagious. So the opening of Doha peace talks provides a feel-good moment to the world. It is indeed...
Published 14 Sep, 2020 07:44am
ECC defers decision on LPG PL rate

ECC defers decision on LPG PL rate

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has deferred decision on rate of Petroleum Levy...
Updated 14 Sep, 2020 02:58am
Condolence
Pakistan

Condolence

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has expressed deep sense of sorrow and grief over the sad demise ...
Published 14 Sep, 2020 02:36am
Fazl meets Shujaat
Pakistan

Fazl meets Shujaat

ISLAMABAD: Jamiat Ulema-i-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman on Sunday called on Pakistan Muslim...
Published 14 Sep, 2020 02:36am
The Weather
Pakistan

The Weather

KARACHI: The weather report on Sunday (September 13, 2020) and the forecast for Monday (September 14, 2020)....
Published 14 Sep, 2020 02:36am
Implementation differences
Opinion

Implementation differences

ARTICLE: Political parties within democracies propound different economic models to achieve the same objectives,...
Published 14 Sep, 2020 02:36am
The hydra of corruption
Opinion

The hydra of corruption

ARTICLE: Hydra is a Greek poisonous monster that had many heads. The problem was that when you tried to cut one ...
Published 14 Sep, 2020 02:36am
Your rupee last week
Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (September 7 to...
Published 14 Sep, 2020 02:36am
YOUR RUPEE LAST MONTH
Currency

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month. (August 3 to ...
Published 14 Sep, 2020 02:36am
Dollar net shorts slip
Currency

Dollar net shorts slip

NEW YORK: US dollar net shorts slipped for a second straight week, according to calculations by Reuters and ...
Published 14 Sep, 2020 02:36am
Towards prison reforms?
Editorials

Towards prison reforms?

EDITORIAL: Following up on the Supreme Court's ruling of last April, Prime Minister Khan has called for the ...
Published 14 Sep, 2020 02:36am