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Archive - 2021-03-10
Brazil's sugar production seen falling, despite new plants
Commodities

Brazil's sugar production seen falling, despite new plants

  • Consultancy Datagro sees Brazil's center-south sugar output falling to 36.7 million tonnes in 2021/22 (April-March) versus 38.5 million tonnes in the previous season, saying mills will crush 3.5% less cane at a total of 586 million tonnes.
  • Sugar trader Sucden expects an even smaller sugar cane crush at 575-580 million tonnes. Sucden also expects less sugar content in the cane in the new crop, projecting total sucrose to fall around 10%.
Updated 11 Mar, 2021 12:48am
Volkswagen hikes battery cell demand in EV expansion push
Companies

Volkswagen hikes battery cell demand in EV expansion push

  • The supply chain update is part of the world's second-largest carmaker's strategy to raise the share of fully electric vehicles in Europe to more than 70% by 2030 at its core brand, details of which were unveiled last week.
  • So far, Volkswagen, which sources batteries from LG Chem , Samsung SDI, SK Innovation and CATL, expects annual demand in Europe to be more than 150 GWh from 2025 and to be at a similar level in Asia.
Updated 11 Mar, 2021 12:48am
Reddit forums get behind Roblox ahead of stock launch
Companies

Reddit forums get behind Roblox ahead of stock launch

  • The company's stock was indicated to open between $60 and $65 per share, far above the reference price of $45 set by the New York Stock Exchange on Tuesday.
  • At the top end of the indicative range, Roblox would have a market value of around $36 billion.
Updated 11 Mar, 2021 12:48am
Netanyahu to make first official visit to UAE
Middle East

Netanyahu to make first official visit to UAE

  • On Thursday, Israeli Prime Minister Benjamin Netanyahu will be travelling to the United Arab Emirates, making it his first official to the Gulf nation after the establishment of formal diplomatic relations.
  • Netanyahu will meet with Crown Prince Mohammed bin Zayed Al Nahyan.
Published 10 Mar, 2021 09:24pm
US crude stockpiles surge, fuel draws down in post-Texas freeze period: EIA
Energy

US crude stockpiles surge, fuel draws down in post-Texas freeze period: EIA

  • Crude inventories rose by 13.8 million barrels in the week to March 5 to 498.4 million barrels, compared with analysts' expectations in a Reuters poll for an 816,000-barrel rise.
  • Refining activity rebounded as well, but with overall utilization rates lower than usual for this time of year, stocks of gasoline, heating oil and diesel continued to decline.
Published 10 Mar, 2021 08:54pm
Clubs in breakaway moves should be kicked out: Leagues chief
Sports

Clubs in breakaway moves should be kicked out: Leagues chief

  • The European Leagues held an online meeting with clubs and leagues from across the continent on Wednesday to discuss UEFA's plans for a reformed and expanded Champions League.
  • I think if there is anybody or (any) clubs trying to organise a Super League they should be thrown out of association football, that for me is a different solution to that matter.
Updated 10 Mar, 2021 08:48pm
Universities to go online for two weeks in selected cities: HEC
Pakistan

Universities to go online for two weeks in selected cities: HEC

  • "All universities and HEIs in the above-mentioned cities shall remain closed for physical attendance during March 15-28, 2021."
  • "Universities are advised to ensure strict observance of the COVID-19 minimum health and safety protocols i.e., thermal scanning, wearing facemasks, social distancing, availability and regular use of sanitisers, and disinfection of buildings," says HEC.
Updated 10 Mar, 2021 08:36pm
UNICEF chief: $1bn more needed for COVAX COVID-19 vaccine rollout
Middle East

UNICEF chief: $1bn more needed for COVAX COVID-19 vaccine rollout

  • UNICEF, the world's single largest vaccine buyer, is part of the World Health Organization-backed COVAX programme to supply COVID-19 shots to emerging economies.
  • We have been asking the world for more funding ... for UNICEF and our distribution to countries we still need about $1 billion.
Published 10 Mar, 2021 08:26pm
Pfizer wants to make vaccine in India if faster clearance, export freedom assured
Companies

Pfizer wants to make vaccine in India if faster clearance, export freedom assured

  • The US company pulled an application last month seeking emergency approval for its product in India after the drug regulator declined its request to skip a small local safety trial.
  • Pfizer was the first company to apply for emergency use authorisation in India, proposing to import doses from its US and European facilities instead of producing locally.
Published 10 Mar, 2021 08:24pm
Prada profits recover in second half after virus-driven slump
Industry

Prada profits recover in second half after virus-driven slump

  • The positive sales trend also continued into the first months of 2021, the Milanese luxury brand said on Wednesday.
  • Full-year revenues fell by 24% to 2.42 billion euros ($2.9 billion) thanks to an improvement in the second half after a 40% slump in the first six months.
Published 10 Mar, 2021 08:19pm
US to procure additional 100mn doses of J&J COVID-19 vaccine
USA

US to procure additional 100mn doses of J&J COVID-19 vaccine

  • President Joe Biden will make the announcement at a meeting with the chief executives of J&J and Merck & Co later in the day, the official said. Merck has agreed to partner with J&J to produce its vaccine.
  • J&J's manufacturing has been slower than expected, and the company was not expected to be able to deliver any doses of its vaccine this week. It is expected to resume shipments later in March.
Published 10 Mar, 2021 08:10pm
GameStop, other ‘meme stocks’ soar as markets eye stimulus boost
Stocks

GameStop, other ‘meme stocks’ soar as markets eye stimulus boost

  • GameStop was trading 14.5% higher at $282.73 before the bell, on course for a sixth straight session of gains, while shares of cinema operator AMC Entertainment rose 10% and headphones maker Koss Corp soared about 40%.
  • GameStop retains a legion of devout followers after a social media frenzy in January triggered a massive rally in which its shares surged more than 1,600%.
Published 10 Mar, 2021 08:09pm
Putin says Akkuyu nuclear plant in Turkey to start working in 2023
Europe

Putin says Akkuyu nuclear plant in Turkey to start working in 2023

  • The $20 billion project to build four reactors on the Mediterranean province of Mersin is one of the largest nuclear new-build projects worldwide, and will allow Turkey to join the small club of nations with civil nuclear energy.
  • "Our goal is to work with zero emissions while producing energy and add nuclear energy that never harms the environment to our energy basket," Erdogan said via video link.
Published 10 Mar, 2021 08:05pm
ECP notifies victory of 48 senators
Pakistan

ECP notifies victory of 48 senators

  • The victory notifications of all 48 senators, including PTI’s Faisal Vawda and PPP’s Yousaf Raza Gilani have been issued.
  • The election commission further decided to conduct a hearing on Ali Haider Gilani’s video scandal.
Updated 10 Mar, 2021 08:07pm
Egypt's headline inflation quickens to 4.5pc in February
Africa

Egypt's headline inflation quickens to 4.5pc in February

  • The increase comes after the headline indicator had fallen for two consecutive months from 5.7% in November 2020.
  • Egypt's core inflation, which strips out volatile items like food, was 3.645% in February, little changed from 3.637% in January.
Published 10 Mar, 2021 08:03pm
Antibiotics may have been overused in COVID-19 patients: US study
USA

Antibiotics may have been overused in COVID-19 patients: US study

  • The study by Pew Charitable Trusts suggests that such drugs were over-prescribed between February through July 2020, as doctors rushed to treat COVID-19 patients when treatment options were sparse.
  • "Ultimately, what we're really concerned about is what the data could mean about the long-term fight against antibiotic resistance," said David Hyun, project director for Pew's antibiotic resistance project.
Published 10 Mar, 2021 07:56pm
Bank of Ireland explores approach for Davy Stockbrokers: reports
Money & Banking

Bank of Ireland explores approach for Davy Stockbrokers: reports

  • Ireland's largest stockbroker was fined last week after an inquiry into 16 of its staff who the regulator alleged sought to profit in 2014 by taking the opposite side of a bond deal with a client, without telling the client or compliance officials.
  • Davy closed its bond desk on Monday after it was dropped as a primary dealer in Irish government bonds and the central bank said on Tuesday that it remained under close regulatory scrutiny following the 4.1 million euros ($4.9 million) fine.
Published 10 Mar, 2021 07:54pm
Turkish lira firms for second consecutive day
Forex

Turkish lira firms for second consecutive day

  • The lira stood at 7.5320 against the US dollar at 1408 GMT, firming from Tuesday's close of 7.6300.
  • The currency had declined sharply since mid-February, hitting its lowest level since mid-December on Monday, as the yields on US bonds rose.
Published 10 Mar, 2021 07:52pm
Russia may slash borrowing by 600-700bn roubles in 2021
Financial

Russia may slash borrowing by 600-700bn roubles in 2021

  • Finance Minister Anton Siluanov on Tuesday said Russia may cut its planned borrowing this year due to better-than-expected budget revenues and could be able to keep the state's debt to gross domestic product ratio at no more than 20% over three years.
Published 10 Mar, 2021 07:48pm
Goldman Sachs to invest $10bn over 10 years to support Black women
Money & Banking

Goldman Sachs to invest $10bn over 10 years to support Black women

  • The bank's "One Million Black Women" initiative is a part of its commitment to impact the lives of at least one million Black women by 2030, the company said.
  • Goldman will also set aside an additional $100 million over the next decade for philanthropic ventures focused on African-American women.
Published 10 Mar, 2021 07:40pm
Citigroup offers rapid at-home COVID-19 tests to some US staff
USA

Citigroup offers rapid at-home COVID-19 tests to some US staff

  • The at-home COVID-19 testing program uses a rapid antigen test, which offers results within 20 minutes, the bank said, adding the test is awaiting emergency use approval from the US Food and Drug Administration.
  • Citi said it has offered employees at its Chicago area branches and those working on its trading floors in New York a chance to participate in the home testing program.
Published 10 Mar, 2021 07:38pm
ConocoPhillips resumes share buybacks, promises capital discipline
Stocks

ConocoPhillips resumes share buybacks, promises capital discipline

  • Despite the uptick in crude prices, oil companies are expected to largely limit spending to marginally higher as investors reward companies showing capital discipline after years of low returns from the sector.
  • We believe this market will favor companies who demonstrate sustainable discipline and strong free cash flow generation with a track record of predictable returns of capital.
Published 10 Mar, 2021 07:35pm
Brazil's CS sugar output seen falling to 36.7mn tonnes
Commodities

Brazil's CS sugar output seen falling to 36.7mn tonnes

  • Datagro expects the center-south sugar cane crop to fall to 586 million tonnes in 2021/22 from 607 million tonnes in 2020/21 due to unfavorable weather.
  • It projected ethanol production to fall to 29.4 billion liters versus 30.6 billion liters in the previous season.
Published 10 Mar, 2021 07:30pm
Pricing agency Platts defers changes to dated Brent oil benchmark
Energy

Pricing agency Platts defers changes to dated Brent oil benchmark

  • The company said it has opened further consultation with the market on the benchmark transition. The changes, among which was inclusion of US crude WTI Midland in the Brent assessment, were announced on Feb. 22.
  • We received extensive feedback from market participants in support of introducing WTI Midland into the basket, but there is not agreement on how it would be fully reflected into the wider Brent complex.
Published 10 Mar, 2021 07:25pm
Europe to get 4mn more Pfizer/BioNTech COVID-19 shots this month
Europe

Europe to get 4mn more Pfizer/BioNTech COVID-19 shots this month

  • The doses to vaccinate two million people will be supplied in addition to the planned deliveries, to ease border movement and to tackle virus hotspots, the Commission said.
  • "To tackle aggressive variants of the virus and to improve the situation in hotspots, quick and decisive action is necessary," the president of the Commission, Ursula von der Leyen, said.
Updated 10 Mar, 2021 07:24pm
Ukraine grain exports down 21.5pc so far in 2020/21 season
Commodities

Ukraine grain exports down 21.5pc so far in 2020/21 season

  • Traders sold 13.85 million tonnes of wheat, 14.53 million tonnes of corn and 3.97 million tonnes of barley, the data showed.
  • Exporting 13.85 million tonnes of wheat, traders have used more than 79% of the total export quota of 17.5 million tonnes imposed for the whole 2020/21 July-June season.
Published 10 Mar, 2021 06:39pm
Netanyahu to visit UAE on Thursday
Middle East

Netanyahu to visit UAE on Thursday

  • There was no immediate confirmation of the trip, which Netanyahu postponed last month due to the coronavirus pandemic, from the Israeli prime minister's office or the UAE.
  • Israel's Haaretz newspaper said Netanyahu would meet Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahyan during the visit.
Published 10 Mar, 2021 06:37pm
US senators introduce bipartisan oil and gas leasing reform bill
USA

US senators introduce bipartisan oil and gas leasing reform bill

  • The bill, authored by Senators Jacky Rosen, a Democrat from Nevada, and Chuck Grassley, a senior Republican from Iowa, would increase the minimum bid price per acre during lease auctions and raise the royalty rate companies must pay on oil and gas produced from the leases.
  • The legislation's backing by Grassley could be critical to winning support for the reforms in the closely-divided Senate. Similar bills introduced in the House last week did not include any Republican sponsors.
Published 10 Mar, 2021 06:30pm
Jury selection to resume in Minneapolis trial over deadly arrest of George Floyd
USA

Jury selection to resume in Minneapolis trial over deadly arrest of George Floyd

  • Judge Peter Cahill of the Hennepin County District Court has set aside three weeks to screen jurors, aware that most people have heard of Chauvin and even seen the bystander's video showing him with his knee on the dying Floyd's neck for nearly nine minutes.
  • Chauvin, 44, is white, and Floyd, who was being arrested on suspicion of using a counterfeit $20 bill to buy cigarettes, was a 46-year-old Black man who grew up in Houston before moving to Minneapolis.
Published 10 Mar, 2021 06:27pm
Schools will remain open in Sindh:  Saeed Ghani
Pakistan

Schools will remain open in Sindh: Saeed Ghani

  • "The news of educational institutions closing on March 15 are baseless," the minister said.
  • "The coronavirus situation in the province is under control. We had reopened educational institutions on February 1 after consultations in the steering committee — and even then, the attendance was restricted to 50%."
Published 10 Mar, 2021 06:28pm
Portugal approves AstraZeneca COVID-19 vaccine for over-65s
Europe

Portugal approves AstraZeneca COVID-19 vaccine for over-65s

  • The decision means that all people aged over 18 can now receive the shot, the DGS authority said, after it was approved for those under 65 in late January.
  • Portugal, a nation of just over 10 million people, faced a tough battle against the pandemic in January, but the number of daily infections and fatalities has dropped sharply since then.
Published 10 Mar, 2021 06:25pm
UK draws record demand for inflation-linked bond
Financial

UK draws record demand for inflation-linked bond

  • Investors submitted 2.832 billion pounds ($3.93 billion) of bids for the 800 million pounds on offer of an index-linked bond maturing in August 2031 .
  • That gave a bid-to-cover ratio of 3.54, the highest for any index-linked bonds since such auctions began in 1998.
Published 10 Mar, 2021 06:23pm
Germany cautions against expectations of massive vaccine boost in April
Europe

Germany cautions against expectations of massive vaccine boost in April

  • Critics blame German bureaucracy and slow decision-making as well as an over-reliance on European Union approval and supply deals.
  • "But the vaccination numbers will not immediately grow to 20 million a month or to 10 million a week," he told ZDF television. "In April there will be significantly more vaccinations, but not on that scale."
Published 10 Mar, 2021 06:18pm
UK's Johnson rejects EU suggestion of vaccine export ban
Europe

UK's Johnson rejects EU suggestion of vaccine export ban

  • Addressing parliament, Johnson used his introductory comments to "correct" Michel's suggestion and asked the chamber to join him in rejecting it.
  • We can also be proud of the support the UK has given to the international COVID response ... I therefore wish to correct the suggestion from the European Council president that the UK has blocked vaccine exports.
Published 10 Mar, 2021 06:12pm
New Indonesia sovereign wealth fund eyes assets worth $2.6bn
Financial

New Indonesia sovereign wealth fund eyes assets worth $2.6bn

*The Indonesia Investment Authority (INA) was launched last month with a target of managing $20 billion of assets, including some $5 billion the state will put into the fund this year. * We have the first 24 (toll road) concessions that we are currently discussing with INA for coordination opportunity with a total equity value of around 37 trillion rupiah ($2.57 billion).
Published 10 Mar, 2021 06:09pm
Brazil lower house passes pandemic aid in first vote, final approval pending
USA

Brazil lower house passes pandemic aid in first vote, final approval pending

  • The first-round vote approved by 341 votes to 121 the measure to allow emergency cash payments totaling up to 44 billion reais ($7.6 billion), with a second and final vote scheduled for later Wednesday.
  • The package of 44 billion reais, worth around 0.6% of gross domestic product, is expected to be spread out over four months, with recipients getting an average of 250 reais per month.
Published 10 Mar, 2021 06:08pm
Saudi court upholds rights activist al-Hathloul's sentence at appeals hearing
Middle East

Saudi court upholds rights activist al-Hathloul's sentence at appeals hearing

  • Hathloul was sentenced in December to nearly six years in prison under broad cybercrime and counterterrorism laws after a lengthy trial that drew widespread international condemnation, but she was released last month having served half of her custodial sentence.
  • The court suspended two years and 10 months of her sentence, most of which had already been served. Hathloul, whose release is conditional, remains under a five-year travel ban.
Published 10 Mar, 2021 06:03pm
Salford ready for Wembley date in 'forgotten final'
Sports

Salford ready for Wembley date in 'forgotten final'

  • Then, 24 hours later, Sunderland face Tranmere Rovers in this season's version of the EFL Trophy final.
  • Third-tier Portsmouth are the holders, having won the 2018-19 final against Sunderland, but they face the prospect of retaining their crown, then losing it 24 hours later.
Published 10 Mar, 2021 06:00pm
Italy's Snam inks deal to develop LNG plants for transport, industry
Companies

Italy's Snam inks deal to develop LNG plants for transport, industry

  • Europe's biggest gas transporter said it had agreed with Italian industrial gas group SIAD to develop small- and medium-sized LNG plants for third parties on a global scale.
  • With this deal, Snam enters liquefaction infrastructure, a sector that will be a key enabler for sustainable mobility by road, rail and potentially sea, and decarbonising other energy uses.
Published 10 Mar, 2021 05:57pm
Laser maker Coherent backs Lumentum's $6.6bn revised bid over II-VI
Companies

Laser maker Coherent backs Lumentum's $6.6bn revised bid over II-VI

  • The Lumentum deal was followed three weeks later by a $6 billion rival bid from MKS Instruments and an another competing offer from optical components maker II-VI in February worth $6.4 billion.
  • Earlier this week, II-VI revised its original cash-and-stock offer to raise the cash component, prompting Coherent to call the bid "superior".
Published 10 Mar, 2021 05:53pm
Saudi Arabia to take action to protect oil facilities
Middle East

Saudi Arabia to take action to protect oil facilities

  • Oil prices spiked briefly following Sunday's missile and drone assault on the kingdom, including on an oil storage yard at Ras Tanura, site of a refinery and the world's biggest offshore oil-loading facility.
  • "The Kingdom will take the necessary deterrent measures to protect its national capabilities," the prince said.
Published 10 Mar, 2021 05:50pm
Campbell Soup forecasts FY 2021 sales to fall
Companies

Campbell Soup forecasts FY 2021 sales to fall

  • The company, popular for its Goldfish crackers and namesake canned soups, forecast fiscal 2021 sales to fall between 3.5% to 2.5%.
  • Net sales rose 5.4% to $2.28 billion in the second quarter, but missed estimates of $2.30 billion, according to IBES data from Refinitiv.
Published 10 Mar, 2021 05:48pm
Porto overcame Juventus thanks to their intelligence, says coach
Sports

Porto overcame Juventus thanks to their intelligence, says coach

  • Conceicao was part of the last Porto side to win the Champions League in 2004 under Jose Mourinho and masterminded their most significant win in the competition since then.
  • The feat came 17 years to the day when Porto knocked out Manchester United and Mourinho announced himself to the world with his iconic celebration on the Old Trafford touchline.
Published 10 Mar, 2021 05:46pm
Israel's Optibus raises $107mn in private funding round
Technology

Israel's Optibus raises $107mn in private funding round

  • Optibus said it will use the money to continue expanding its global presence and enhance product capabilities that include optimisation and AI algorithms that improve mass transit for passengers.
  • The company said it was launching an update to improve transportation networks significantly through the use of data-driven planning.
Published 10 Mar, 2021 05:43pm
China approves $1.5 billion currency swap with Sri Lanka
Forex

China approves $1.5 billion currency swap with Sri Lanka

  • The deal will allow the island to weather "present difficulties", State Minister of Money & Capital Market and State Enterprise Reforms Ajith Nivard Cabraal said in an interview with the Daily Mirror.
  • Dwindling foreign reserves, a tumbling currency and rising debt levels have dogged Sri Lanka over the last year, leading to increasing fears of a default.
Published 10 Mar, 2021 05:43pm
ECP reschedules NA-75 Daska by-polls to April 10
Pakistan

ECP reschedules NA-75 Daska by-polls to April 10

  • "The election date has been extended to bring transparency in the elections and make the administrative matters foolproof," the ECP said.
  • The commission had had ordered re-polling in the entire NA-75 Sialkot-IV on March 18.
Updated 10 Mar, 2021 05:27pm
MQM-P’s Barrister Saif joins PTI
Pakistan

MQM-P’s Barrister Saif joins PTI

  • The MQM-P lawmaker flanked by Federal Minister for Science and Technology Fawad Chaudhry, met Prime Minister Imran Khan in Islamabad.
  • Barrister Saif is retiring as a Senator tomorrow (Thursday).
Updated 10 Mar, 2021 04:25pm
Indian police seize PIA balloon in IIOJK
World

Indian police seize PIA balloon in IIOJK

  • An aircraft-shaped balloon with 'PIA' written on it landed in Sotra Chak village of Hiranagar sector yesterday (Tuesday) evening.
  • “The balloon was taken into custody by police: Jammu and Kashmir Police,” ANI reported.
Published 10 Mar, 2021 03:41pm
KP govt inks pact for 300 MW Balakot hydropower project
Pakistan

KP govt inks pact for 300 MW Balakot hydropower project

  • The project would be constructed with an estimated cost of Rs85 billion in a period of six years
  • KP CM says the project would play a vital part in boosting industrial activities, job creation and overall development of the province
Published 10 Mar, 2021 02:37pm
Myanmar security forces surround striking rail workers; U.N. fails to condemn coup
Asia

Myanmar security forces surround striking rail workers; U.N. fails to condemn coup

  • Myanmar security forces surrounded the staff compound of striking railway workers opposed to the military junta on Wednesday as ousted lawmakers appointed an acting vice president to take over the duties of detained politicians.
  • In New York, the U.N. Security Council failed to agree on a statement that would have condemned the coup in Myanmar, called for restraint by the military and threatened to consider “further measures.”
Published 10 Mar, 2021 01:05pm
PM's vote of confidence will help attract investment in Pakistan: Bloomberg
Pakistan

PM's vote of confidence will help attract investment in Pakistan: Bloomberg

  • Bloomberg states that Khan's victory could help Pakistan recover economically from the pandemic-induced contraction with the help of the International Monetary Fund’s six billion dollars loan programme
  • Prime Minister Imran Khan won the confidence of the National Assembly after 178 out of 342 lawmakers expressed their trust in his leadership.
Published 10 Mar, 2021 11:17am
Oil prices edge up ahead of US inventories data
Energy

Oil prices edge up ahead of US inventories data

  • "The current WTI oil price is well above the level needed to incentivise a substantial increase in US production, which according to surveys by the Dallas Fed and the Kansas City Fed stands at around $56 per barrel," EFG said.
Published 10 Mar, 2021 11:06am
Asian markets up but inflation fears keep traders in check
Stocks

Asian markets up but inflation fears keep traders in check

  • Investors are now looking to Washington, where the House of Representatives is due to hold a final vote on Biden's vast rescue package for the world's top economy, with the Democrat-controlled chamber expected to pass it for the president to sign off by the weekend.
Published 10 Mar, 2021 10:24am
Met office predicts rain
Pakistan

Met office predicts rain

LAHORE: Met Office has predicted precipitation in Potohar as well as upper Southern part of the province during the...
Updated 10 Mar, 2021 09:50am
Buzdar calls on PM
Pakistan

Buzdar calls on PM

ISLAMABAD: Punjab Chief Minister Sardar Usman Buzdar called on Prime Minister Imran Khan here on Tuesday and...
Updated 10 Mar, 2021 09:49am
52 Senators bid farewell

52 Senators bid farewell

ISLAMABAD: The Upper House of the Parliament met on Tuesday to start its last (308th) session to bid farewell to 52...
Updated 10 Mar, 2021 09:48am
Malala signs Apple TV deal

Malala signs Apple TV deal

ISLAMABAD: Pakistani activist Malala Yousafzai, who won the Nobel Peace Prize as a teenager after surviving a ...
Updated 10 Mar, 2021 09:48am
Wyeth Pakistan Limited
BR Research

Wyeth Pakistan Limited

Wyeth Pakistan Limited (PSX: WYETH) was set up in Pakistan soon after its independence, in 1949. It is a public...
Published 10 Mar, 2021 07:45am
Abbott profits soar
BR Research

Abbott profits soar

One good news out of 2020 has been the performance of the pharmaceutical sector. Players across the industry posted...
Published 10 Mar, 2021 07:40am
Hot money returns?
BR Research

Hot money returns?

There are some early signs of hot money returning. Nothing too hot though. It is just a little higher sum of money...
Published 10 Mar, 2021 07:25am