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Archive - 2021-03-13
Colombia reports first death from Brazilian COVID variant
USA

Colombia reports first death from Brazilian COVID variant

  • Brazil has registered more than 275,000 deaths from COVID-19, second only to the United States.
  • A new case of the P1 variant was detected in an older adult in Bogota with multiple comorbidities who had not traveled. They were hospitalized and died Jan. 28, 2021.
Updated 13 Mar, 2021 09:10pm
Ronaldo says committed to Juventus amid rumours of Real return
Sports

Ronaldo says committed to Juventus amid rumours of Real return

  • Juventus were knocked out in the last 16 of the Champions League on Tuesday as 10-man Porto progressed on away goals following a 4-4 aggregate draw.
  • The Italians' defeat sparked criticism of 36-year-old Ronaldo in the media, with the front page of Wednesday's Corriere dello Sport saying "Betrayed by Ronaldo".
Updated 13 Mar, 2021 09:10pm
Bitcoin hits $60,000 in record high
Forex

Bitcoin hits $60,000 in record high

  • A $1.5 billion bitcoin bet last month by Tesla Inc saw Elon Musk's electric car company join business software firm MicroStrategy Inc and Twitter boss Jack Dorsey's payments company Square Inc in swapping some traditional cash reserves for the digital coin.
  • Amid rising customer demand to own and invest in bitcoin, Goldman Sachs Group Inc. said this week that it is exploring how to serve those clients while remaining on the right side of regulation.
Updated 13 Mar, 2021 09:10pm
Ronaldo exit rumours just normal uproar, says Juventus coach Pirlo
Sports

Ronaldo exit rumours just normal uproar, says Juventus coach Pirlo

  • Ronaldo was criticised for a disappointing performance after the Serie A champions were eliminated by the Portuguese side on away goals, their second consecutive last 16 exit in the competition.
  • "It's normal that he's disappointed by what happened the other night, like the rest of the team," Pirlo told a news conference.
Updated 13 Mar, 2021 09:10pm
Punchless Chelsea held to goalless draw at Leeds
Sports

Punchless Chelsea held to goalless draw at Leeds

  • Chelsea remain in fourth place, and are two points off third-placed Leicester City who have a game in hand.
  • Chelsea keeper Edouard Mendy did well to tip a curling shot from Roberts against the bar and had to be on alert several times after the break.
Updated 13 Mar, 2021 09:10pm
AstraZeneca's lower EU vaccine supply target hinges on factory approval: document
Companies

AstraZeneca's lower EU vaccine supply target hinges on factory approval: document

  • The Anglo-Swedish drugmaker said on Friday it would try to deliver 30 million doses to the EU by the end of March, down from a contractual obligation of 90 million and a previous pledge made last month to deliver 40 million doses.
  • AstraZeneca said in the document seen by Reuters that it is assuming the Halix factory will get the green light on March 25 and has pencilled in deliveries of nearly 10 million doses for the following week.
Updated 13 Mar, 2021 09:10pm
Austria's Kurz, other leaders seek EU discussion on vaccine distribution
South Asia

Austria's Kurz, other leaders seek EU discussion on vaccine distribution

  • In recent days ... we have discovered that ... deliveries of vaccine doses by pharma companies to individual EU member states are not being implemented on an equal basis following the pro rata population key.
  • "We therefore call on you, Charles, to hold a discussion on this important matter among leaders as soon as possible."
Updated 13 Mar, 2021 09:10pm
Mexico gets shipment of million vaccine doses from China's Sinovac
USA

Mexico gets shipment of million vaccine doses from China's Sinovac

  • Foreign Minister Marcelo Ebrard said earlier in the week that Mexico was upping its orders from China to make up for a vaccine shortfall and would request 22 million more doses.
  • Mexico ordered an additional 10 million doses of Sinovac, in addition to the previously ordered 10 million doses, which are due to arrive between March and May.
Updated 13 Mar, 2021 09:10pm
US airport passengers hit highest level since March 2020
USA

US airport passengers hit highest level since March 2020

  • COVID-19 has devastated air travel demand, with US airline passenger demand down 60% in 2020 and down 63% in January.
  • But with a growing number of Americans getting vaccinated, demand and advanced bookings have started to rise in recent weeks. Friday's numbers were still down 38% over pre-COVID-19 levels.
Updated 13 Mar, 2021 09:09pm
German COVID cases could revisit December peak in April
Europe

German COVID cases could revisit December peak in April

  • The Robert Koch Institute (RKI) for infectious diseases predicted that the number of daily reported cases could exceed 30,000 in the 14th week of the year starting April 12.
  • "An extrapolation of the trends shows that case numbers can be expected above the Christmas level from week 14 onwards," the RKI said in its current situation report.
Updated 13 Mar, 2021 09:09pm
LG Energy Solution suggests building EV battery factory in Georgia
Companies

LG Energy Solution suggests building EV battery factory in Georgia

  • LG Chem's wholly owned battery division, LG Energy Solution, confirmed that the company had recently sent the letter to the senator, but declined to confirm the details.
  • (The letter) was intended to clearly address the current situation that has been caused by SK's misappropriation of our trade secrets as well as to alleviate concerns about jobs in Georgia.
Updated 13 Mar, 2021 09:09pm
Sri Lanka to ban burqa, shut many Islamic schools, minister says
South Asia

Sri Lanka to ban burqa, shut many Islamic schools, minister says

  • Minister for public security Sarath Weerasekera told a news conference he had signed a paper on Friday for cabinet approval to ban the full face covering worn by some Muslim women on "national security" grounds.
  • "Nobody can open a school and teach whatever you want to the children," he said.
Updated 13 Mar, 2021 09:09pm
Irish foreign minister says UK guilty of 'perverse nationalism' over US trade
Europe

Irish foreign minister says UK guilty of 'perverse nationalism' over US trade

  • This idea that Britain can get there first is narrow minded thinking, frankly. It's a perverse nationalism when actually Britain and the EU should work together as partners.
  • It has reinforced an awful lot of the doubts in Brussels about whether or not this really is a British government we can rely on to be a trusted partner when it comes to implementing what has already been agreed.
Updated 13 Mar, 2021 09:09pm
China streamlines visas for own vaccine recipients in Hong Kong
South Asia

China streamlines visas for own vaccine recipients in Hong Kong

  • Foreign travellers who have been vaccinated with non-Chinese vaccines will continue to be required to present negative nucleic acid tests and a health and travel declaration form, the statement said.
  • It was not immediately clear if the simplified procedures will be available to foreigners applying for visas outside of Hong Kong.
Updated 13 Mar, 2021 09:09pm
German experts warn against lockdown easing as cases jump
Europe

German experts warn against lockdown easing as cases jump

  • "We can only have more relaxation if there are stable or falling case numbers," Karl Lauterbach.
  • On Saturday, the number of COVID-19 cases rose by 12,674 and the death toll was up 239, with the number of cases per 100,000 over seven days jumping to 76.1 from 72.4.
Updated 13 Mar, 2021 09:09pm
Lilly Alzheimer's drug shows benefit on cognition, function in mid-stage trial
Companies

Lilly Alzheimer's drug shows benefit on cognition, function in mid-stage trial

  • The drug, donanemab, also showed positive trends that failed to reach statistical significance on a range of secondary trial goals, the company said, providing details for the first time.
  • The ability to carry out activities like dressing and eating is often impacted by Alzheimer's disease, which reduces cognitive ability like memory and language.
Updated 13 Mar, 2021 09:08pm
Lukashenko says Belarus may submit new Eurovision entry after backlash
Europe

Lukashenko says Belarus may submit new Eurovision entry after backlash

  • Eurovision's organisers, the European Broadcasting Union, on Thursday threatened Belarus with disqualification if it did not submit a modified version of the entry or submit a new song.
  • "They are starting to press us on all fronts. Even at Eurovision, I see," Lukashenko said, in his first public comments about the row.
Updated 13 Mar, 2021 09:08pm
Bolivia political tensions reignite with arrest of ex-President Anez
USA

Bolivia political tensions reignite with arrest of ex-President Anez

  • The move marks an escalation of hostilities between the current leftist administration and more conservative political opponents they accuse of ousting long-term leader Evo Morales.
  • "The political persecution has begun," Anez said on Twitter on Friday ahead of her dawn arrest. "The MAS has decided to return to the styles of the dictatorship."
Updated 13 Mar, 2021 09:08pm
Jordan health minister resigns after oxygen outage kills six patients
Middle East

Jordan health minister resigns after oxygen outage kills six patients

  • The oxygen failure earlier on Saturday hit intensive care, maternity, and coronavirus wards in the new Salt government hospital west of the capital Amman.
  • Obeidat said initial investigations showed the six deaths were caused by a one hour disruption in oxygen to the wards and that prosecutors were handling the case.
Updated 13 Mar, 2021 09:08pm
Arsenal's Odegaard ready to lead Norway's youthful revolution
Sports

Arsenal's Odegaard ready to lead Norway's youthful revolution

  • Odegaard was 1-1/2 years old the last time the Norwegians made it to a major finals, where they were knocked out at the group stage of Euro 2000 in Netherlands and Belgium.
  • Obviously when we have someone like Erling we have to get as much as we can out of him, but there's 10 other men on the pitch who are going to play.
Updated 13 Mar, 2021 09:08pm
India's draft e-commerce policy calls for equal treatment of sellers
Industry

India's draft e-commerce policy calls for equal treatment of sellers

  • India has been deliberating a new e-commerce policy for months amid complaints from brick-and-mortar retailers who allege online giants like Amazon and Walmart's Flipkart flout federal regulations. The companies have denied the allegations.
  • "E-commerce operators must ensure equal treatment of all sellers/vendors registered on their platforms and not adopt algorithms which result in prioritizing select vendors/sellers," it says.
Updated 13 Mar, 2021 09:08pm
G7 expresses 'grave concerns' over electoral changes in Hong Kong
Europe

G7 expresses 'grave concerns' over electoral changes in Hong Kong

  • We also call on China and the Hong Kong authorities to restore confidence in Hong Kong's political institutions and end the unwarranted oppression of those who promote democratic values and the defence of rights and freedoms.
  • "China must act in accordance with its legal obligations and respect fundamental rights and freedoms in Hong Kong," Raab added.
Updated 13 Mar, 2021 09:08pm
Russia detains around 150 people, including leading opposition figures, at Moscow meeting
Europe

Russia detains around 150 people, including leading opposition figures, at Moscow meeting

  • OVD-Info, which monitors the detention of political protesters and activists, published a list of more than 150 people it said had been detained.
  • "The police came to the forum of municipal deputies in Moscow. There are 150 people here from all over the country. Everyone is being detained. I mean, everyone," opposition politician Ilya Yashin wrote on Twitter.
Updated 13 Mar, 2021 09:08pm
Ethiopia rejects US allegations of ethnic cleansing in Tigray
Africa

Ethiopia rejects US allegations of ethnic cleansing in Tigray

  • "(The accusation) is a completely unfounded and spurious verdict against the Ethiopian government," the ministry of foreign affairs said in a statement on Saturday.
  • Nothing during or after the end of the main law enforcement operation in Tigray can be identified or defined by any standards as a targeted, intentional ethnic cleansing against anyone in the region.
Updated 13 Mar, 2021 09:08pm
Kazakh military plane crash in Almaty kills four
South Asia

Kazakh military plane crash in Almaty kills four

  • "According to preliminary data, four people have been killed, two people have been hospitalised... with injuries," the emergencies ministry said in a statement.
  • Photographs from the site showed the plane turned over and on fire. Videos posted online also showed plumes of smoke rising from the crash site and visible from a nearby highway.
Updated 13 Mar, 2021 09:08pm
Colombia will not rest in fight against killers of activists, Duque says
USA

Colombia will not rest in fight against killers of activists, Duque says

  • At least 133 activists and community leaders were murdered last year, according to UN figures, the latest data to trigger international condemnation - including from the Biden administration - and calls for Duque's government to do more to protect activists.
  • "The great majority of leaders who have been murdered have been leaders who didn't have any registered threat, and who also had not made any report," he said.
Updated 13 Mar, 2021 09:08pm
COVID-19 surge: Islamabad makes wearing masks mandatory
Pakistan

COVID-19 surge: Islamabad makes wearing masks mandatory

  • The Deputy Commissioner Hamza Shafqat announced that section 144 of the Criminal Procedure Code (CrPC) has been put in place for the implementation of the order.
  • The rule will remain in place for the next two months, it said.
Updated 13 Mar, 2021 07:29pm
CAA extends travel SOPs for Pakistan bound visitors
Pakistan

CAA extends travel SOPs for Pakistan bound visitors

  • The authority also shared the list of countries, classified under categories A, B, and C.
  • Eight countries fall in the category, which include, South Africa, United Kingdom, Ireland, Brazil, Portugal, The Netherlands, Botswana and Zambia.
Updated 13 Mar, 2021 04:41pm
Pakistani Taliban threaten organisers of Women's Day March
Pakistan

Pakistani Taliban threaten organisers of Women's Day March

  • The Pakistani Taliban on Friday threatened women’s rights activists who organised demonstrations to mark International Women’s Day in the country, accusing them of blasphemy and obscenity.
  • The Taliban statement followed a flurry of falsified images and video clips on social media that suggested participants in the March 8 protests had insulted Islam, which they strongly denied.
Updated 13 Mar, 2021 04:11pm
PM Imran green lights establishment of Civil Drone Authority
Pakistan

PM Imran green lights establishment of Civil Drone Authority

  • “Employing drone technology for commercial, research and development, agricultural and other peaceful purposes was the need of the hour,” says the PM.
  • The authority is formed for the purpose of putting in place an institutionalised mechanism to facilitate development and regulation of the sector.
Published 13 Mar, 2021 02:08pm
The Weather
Pakistan

The Weather

KARACHI: The weather report on Friday (March 12, 2021) and the forecast for Saturday (March 13, 2021)....
Published 13 Mar, 2021 04:28am
WHO approves J&J vaccine
World

WHO approves J&J vaccine

GENEVA: The World Health Organization on Friday approved Johnson & Johnson's Covid-19 vaccine, after already...
Published 13 Mar, 2021 04:28am
CJP remains safe in accident
Pakistan

CJP remains safe in accident

ISLAMABAD: The convoy of Chief Justice of Pakistan Gulzar Ahmed on Friday met with an accident near Rashakai, but he...
Published 13 Mar, 2021 04:28am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 13 Mar, 2021 04:28am
JLI MEESEQ Fund Rates
Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meesaq Fund Rates on Friday (March 12, 2021). ======================== Offer Price 1,209.6344 Bid...
Published 13 Mar, 2021 04:28am
JLI MANAGED TAKAFUL FUND
Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (March 12, 2021). ======================== Offer Price...
Published 13 Mar, 2021 04:28am
EFU AGGRESSIVE FUND RATES
Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (March 12, 2021). ======================== Offer Price 1,503.6443 ...
Published 13 Mar, 2021 04:28am
BOARD MEETINGS
Rates.PSX

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 13 Mar, 2021 04:28am
Member to Member
Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported
Published 13 Mar, 2021 04:28am
Shipping Intelligence
Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 12, 2021)....
Published 13 Mar, 2021 04:28am
SOEs: sell-off or liquidation
Opinion

SOEs: sell-off or liquidation

The federal cabinet has approved the State-Owned Enterprises (SOEs) Bill 2021 proposing governance reforms in the...
Published 13 Mar, 2021 04:28am
Population growth challenge
Letters

Population growth challenge

According to a United Nations’ report, the population of Pakistan will reach to 242 million by 2025 and the ...
Published 13 Mar, 2021 04:28am
PMEX daily trading report
Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 9.312...
Published 13 Mar, 2021 04:28am
KE’s tariffs determined by Nepra

KE’s tariffs determined by Nepra

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has determined KE’s quarterly tariffs of four...
Published 13 Mar, 2021 04:28am
Govt expecting $1bn rollover by UAE

Govt expecting $1bn rollover by UAE

ISLAMABAD: The government said on Friday that it expects rollover of US$ 1 billion by the United Arab Emirates ...
Published 13 Mar, 2021 04:28am
SPI down 0.57pc WoW

SPI down 0.57pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended March 11, 2021 recorded a decrease of 0.57 percent...
Published 13 Mar, 2021 04:28am