BR100 Increased By (0.44%)
BR30 Increased By (1.39%)
KSE100 Increased By (0.62%)
KSE30 Increased By (0.61%)
BECO 5.43 Decreased By ▼ -0.06 (-1.09%)
BML 55.69 Decreased By ▼ -1.07 (-1.89%)
BOP 35.38 Increased By ▲ 0.26 (0.74%)
CNERGY 8.20 Increased By ▲ 0.05 (0.61%)
DCL 11.55 Increased By ▲ 0.04 (0.35%)
FCCL 58.36 Increased By ▲ 1.61 (2.84%)
FCSC 5.12 Decreased By ▼ -0.03 (-0.58%)
FFL 17.84 Decreased By ▼ -0.04 (-0.22%)
FNEL 1.25 No Change ▼ 0.00 (0%)
HUMNL 11.07 Decreased By ▼ -0.05 (-0.45%)
KEL 8.75 Increased By ▲ 0.33 (3.92%)
KOSM 6.69 Increased By ▲ 0.11 (1.67%)
MLCF 107.15 Increased By ▲ 3.85 (3.73%)
NBP 201.73 Increased By ▲ 1.55 (0.77%)
PACE 11.30 Increased By ▲ 0.01 (0.09%)
PAEL 44.49 Increased By ▲ 1.02 (2.35%)
PIAHCLA 29.41 Increased By ▲ 1.92 (6.98%)
PIBTL 18.64 Increased By ▲ 0.94 (5.31%)
PPL 247.98 Increased By ▲ 3.66 (1.5%)
PRL 35.29 Decreased By ▼ -0.14 (-0.4%)
PTC 66.14 Increased By ▲ 0.79 (1.21%)
SEARL 95.49 Increased By ▲ 2.17 (2.33%)
SSGC 32.04 Decreased By ▼ -0.90 (-2.73%)
TELE 8.87 Decreased By ▼ -0.04 (-0.45%)
THCCL 66.61 Decreased By ▼ -0.11 (-0.16%)
TPLP 10.57 Decreased By ▼ -0.26 (-2.4%)
TREET 25.30 Increased By ▲ 0.18 (0.72%)
TRG 64.40 Decreased By ▼ -0.50 (-0.77%)
WAVES 10.90 Decreased By ▼ -0.03 (-0.27%)
WTL 1.26 Increased By ▲ 0.01 (0.8%)
Archive - 2021-04-01
Mexico reports 5,381 new coronavirus cases, 454 deaths
USA

Mexico reports 5,381 new coronavirus cases, 454 deaths

  • The government says the real case numbers are likely significantly higher, and separate data published recently by the health ministry suggested the actual death toll from coronavirus may be at least 60pc above the confirmed figure.
Published 01 Apr, 2021 11:51pm
US automakers post high quarterly sales even as chip shortage bites
Companies

US automakers post high quarterly sales even as chip shortage bites

  • The need for increased personal safety during the COVID-19 pandemic has boosted sales for automakers, as people prefer to travel by their own cars to using public transportation.
  • The No.1 US automaker said it estimates that the seasonally adjusted annual sales pace for the first quarter of the year was around 16.7 million units.
Published 01 Apr, 2021 09:24pm
Bennacer credits Ibra for bringing winning mentality back to Milan
Sports

Bennacer credits Ibra for bringing winning mentality back to Milan

  • The Swede returned to his former club in January 2020 aged 38 and sparked a turnaround in form for the seven-time European champions, who have not won Serie A since 2011.
  • "Everyone knows him, his mentality - he's a winner," Bennacer told Reuters. "Maybe we didn't have this experience that he brought with him. It's good for us young players because we improved in this. Now we want to win like he wants to win.
Published 01 Apr, 2021 09:22pm
White House asks EPA to study how EVs can generate renewable fuel credits
USA

White House asks EPA to study how EVs can generate renewable fuel credits

  • The move could give the fledgling US electric vehicle industry a big boost by granting it fresh incentives and a new revenue stream. But the idea would introduce new actors like Tesla Inc into a program that has already bitterly divided the oil and corn industries.
  • Electricity from biogas is already technically eligible for generating RINs under the RFS, but the EPA has never approved applications to do so because the agency hasn't yet figured out the logistical issues.
Published 01 Apr, 2021 09:19pm
Russia's economy shrank 3pc last year -revised data
Europe

Russia's economy shrank 3pc last year -revised data

  • The figures from the Federal Statistics Service Rosstat were marginally better than Rosstat's preliminary estimate that gross domestic product fell by 3.1% last year.
  • The coronavirus outbreak paralysed business activity in 2020, prompting the central bank to slash interest rates to a record low 4.25%, while a drop in global oil prices dented Russia's revenues.
Published 01 Apr, 2021 09:17pm
COVAX COVID-19 vaccine facility faces shortfall in supply: WHO
Europe

COVAX COVID-19 vaccine facility faces shortfall in supply: WHO

  • "Last week, I made an urgent request to countries, with doses of COVID-19 vaccines that have WHO Emergency Use Listing, to share 10 million doses immediately with COVAX," he said.
  • I requested manufacturers to help ensure that the countries that step up can rapidly donate those doses.
Published 01 Apr, 2021 09:15pm
High prices lift Argentina's March grains exports revenue to 18-year high
Commodities

High prices lift Argentina's March grains exports revenue to 18-year high

  • The sector brought in $6.72 billion in the first quarter, CIARA-CEC said in a statement. March revenue marked a 53.22% increase over February, it said.
  • Some 7.9% of this season's corn has been brought in so far, while recent rain storms have held back soy harvesting to about 1% of planted area, the exchange said in a report on Wednesday.
Published 01 Apr, 2021 09:13pm
TSX rises on commodity boost, upbeat factory data
Stocks

TSX rises on commodity boost, upbeat factory data

  • The energy sector climbed 1.3% as crude prices climbed on optimism about U.S and European economic recoveries and hopes that OPEC and its allies will keep production curbs in place.
  • The materials sector, which includes precious and base metals miners and fertilizer companies, added 1.1% as gold futures rose 0.4% to $1,721 an ounce.
Published 01 Apr, 2021 09:07pm
Oil rises as OPEC+ decides on production policy
Energy

Oil rises as OPEC+ decides on production policy

  • OPEC+ reaches preliminary deal to raise output from May –sources.
  • OPEC+ still has deep production cuts in place.
  • New pandemic waves creates uncertain demand outlook.
  • Euro zone factory activity soared in March.
Published 01 Apr, 2021 09:04pm
Putin, Saudi crown prince discuss climate change, green energy
Europe

Putin, Saudi crown prince discuss climate change, green energy

  • In a readout of their telephone call, the Kremlin said the Saudi prince outlined initiatives to reduce greenhouse gas emissions and increasing the share of renewable energy sources in the Middle East.
  • Putin spoke of Russian efforts to protect the environment, the Kremlin said.
Updated 01 Apr, 2021 08:52pm
Poland's Mabion aims to produce Novavax vaccine for Europe from Q3
Companies

Poland's Mabion aims to produce Novavax vaccine for Europe from Q3

  • "The production of our core product is much more complicated (than vaccine)," Mabion board member Adam Pietruszkiewicz told.
  • "We still have to buy some equipment intended solely for the production of vaccines. However, our main machine park is ready. After completing this process, we should enter the commercial production phase at the beginning of the second half of the year," Pietruszkiewicz said.
Published 01 Apr, 2021 08:23pm
Berlin imposes nighttime ban on gatherings from Friday
Europe

Berlin imposes nighttime ban on gatherings from Friday

  • Last week Chancellor Angela Merkel accused state premiers of failing to stick to earlier agreements to reimpose restrictions if infections rose again as the lockdown was gradually relaxed.
  • The DIVI association for intensive and emergency medicine said Germany urgently needs a two-week lockdown, faster vaccinations and compulsory tests at schools.
Published 01 Apr, 2021 08:22pm
Raw sugar recovers from 3-month low; coffee, cocoa gain
Commodities

Raw sugar recovers from 3-month low; coffee, cocoa gain

  • May raw sugar rose 0.7% to 14.88 cents per lb.
  • "We forecast the global market in an 8.5 million tonne surplus in both 2020/21 and in 2021/22. In 2021/22, production will recover in the EU, Thailand and Russia among others," said Fitch Solutions.
Published 01 Apr, 2021 08:11pm
Surprise Brazil industrial output fall in Feb highlights deeper GDP funk
USA

Surprise Brazil industrial output fall in Feb highlights deeper GDP funk

  • February's 0.7% fall in industrial output was significantly weaker than the median estimate in a Reuters poll of economists for a 0.4% rise. The following chart shows that several months of slowing growth have finally turned into outright decline.
  • Statistics agency IBGE said the year-on-year rise was 0.4%, also well below the Reuters poll forecast of 1.5% growth.
Published 01 Apr, 2021 08:09pm
South African health regulator registers J&J's COVID-19 vaccine
Companies

South African health regulator registers J&J's COVID-19 vaccine

  • J&J said in a statement that the South African Health Products Regulatory Authority (SAHPRA) had "granted registration with conditions" for its single-dose vaccine.
  • SAHPRA's spokesman confirmed that J&J's vaccine had been registered when called by Reuters. He said more details would follow in a statement.
Published 01 Apr, 2021 08:05pm
Europe should match US's economic stimulus ambition: France
Europe

Europe should match US's economic stimulus ambition: France

  • The new administration of US President Joe Biden is already making payments to households under a new $1.9 trillion COVID-19 relief package and plans to plough $2.3 trillion into infrastructure investments to fire up the world's biggest economy.
  • "The best response to US ambition isn't to fight it. It is to match it. Europe needs to challenge itself like America does," he added.
Published 01 Apr, 2021 07:59pm
Germany awards second round of permits to close hard coal plants
Companies

Germany awards second round of permits to close hard coal plants

  • Germany has promised to abandon coal by 2038 and achieve a mostly carbon-free energy system by 2050, but it is also trying to lessen the impact on utilities, regions, employment and the public budget.
  • The regulator sets a maximum price per MW of capacity to cap the public sector bill. The ultimate price takes into account bidders' offers and the CO2 emissions of the plants in question.
Published 01 Apr, 2021 07:58pm
Ramos suffers calf injury ahead of Champions League, Clasico showdowns
Sports

Ramos suffers calf injury ahead of Champions League, Clasico showdowns

  • Ramos was an 86th minute substitute in Spain's 3-1 win over Kosovo in a World Cup qualifier on Wednesday and said he picked up the injury in the post-game warm down.
  • The problem puts his participation in Tuesday's Champions League quarter-final first leg at home to Liverpool and the Clasico with visitors Barcelona on April 10 in serious doubt.
Published 01 Apr, 2021 07:55pm
UK refers Facebook acquisition of Giphy for in-depth probe
Europe

UK refers Facebook acquisition of Giphy for in-depth probe

  • The Competition and Markets Authority (CMA) last week gave Facebook and Giphy five working days to offer proposals to address its concerns over their merger deal.
  • "We will continue to fully cooperate with the CMA's investigation," a Facebook spokesman said in an emailed statement.
Published 01 Apr, 2021 07:50pm
Most major Gulf markets gain; Saudi index dips
Stocks

Most major Gulf markets gain; Saudi index dips

  • Saudi Arabia's crown prince said oil firm Aramco and petrochemical firm SABIC would lead 5 trillion riyals ($1.33 trillion) of investments by the local private sector by 2030 under a programme announced on Tuesday for economic diversification.
  • The kingdom's benchmark index eased 0.1%, hit by a 1.5% fall in oil giant Saudi Aramco and 2% slide in Saudi Basic Industries Corp.
Published 01 Apr, 2021 07:48pm
Canadian factory activity expands at record pace in March
USA

Canadian factory activity expands at record pace in March

  • The IHS Markit Canada Manufacturing Purchasing Managers' index (PMI) rose to a seasonally adjusted 58.5 in March from 54.8 in February, posting the highest reading in the 10-year history of the survey. A reading above 50 shows growth in the sector.
  • The new orders index rose to 58.0, its highest since November 2013, from 54.4 in February, while the measure of output was at 57.7, up from 52.0.
Published 01 Apr, 2021 07:47pm
US suspends visa services at consulate in Russia: ambassador
USA

US suspends visa services at consulate in Russia: ambassador

  • The move comes after the United States halted work at two consulates in Russia last year, citing safety and security issues at the facilities where operations had been curtailed over COVID-19.
  • US-Russia ties have been strained by issues ranging from conflicts in Ukraine to Syria, as well as allegations of Russian interference in US politics, which Moscow denies.
Published 01 Apr, 2021 07:30pm
Oil companies defeat New York City appeal over global warming
USA

Oil companies defeat New York City appeal over global warming

  • The 2nd US Circuit Court of Appeals in Manhattan ruled in favor of BP Plc, Chevron Corp, ConocoPhillips , Exxon Mobil Corp and Royal Dutch Shell Plc , rejecting the city's efforts to sue under state law for trespass and creating a nuisance.
Published 01 Apr, 2021 07:28pm
Short new lockdown shouldn't affect French growth forecast: Villeroy
Europe

Short new lockdown shouldn't affect French growth forecast: Villeroy

  • President Emmanuel Macron on Wednesday ordered France into its third national lockdown and said schools would close for three weeks as he sought to push back a third wave of COVID-19 infections that threatens to overwhelm hospitals.
  • The French central bank said last month that the euro zone's second-biggest economy was set to grow 5.5% this year.
Published 01 Apr, 2021 07:21pm
South Africa collects $85 billion in taxes in 2020/21
Financial

South Africa collects $85 billion in taxes in 2020/21

  • The initial 2020/21 target of 1.425 trillion rand was set by the National Treasury before the coronavirus pandemic struck in March last year.
  • Treasury revised the estimate down to 1.112 trillion rand in October, but then upped it to 1.212 trillion in the February 2021 budget.
Published 01 Apr, 2021 07:19pm
Moody's lifts Portuguese banks' outlook on economic recovery prospects
Companies

Moody's lifts Portuguese banks' outlook on economic recovery prospects

  • Portugal's tourism-dependent economy shrank 7.6% in 2020 in its worst contraction since the 1930s. Moody's pointed to expectations of 3.7% and 4% growth in 2021 and 2022, respectively.
  • Moody's said banks' capital position was expected to hold steady, suffering "little change" over the outlook period and lenders would, for the most part, be able to avoid losses that could hurt capital.
Published 01 Apr, 2021 07:18pm
Merkel urges Germans to celebrate Easter quietly
Europe

Merkel urges Germans to celebrate Easter quietly

  • "It should be a quiet Easter, with those closest to you, with very reduced contact. I urge you to refrain from all non-essential travel," Merkel said in a video message, adding this was the only way to help the doctors and nurses fighting the virus.
Published 01 Apr, 2021 07:14pm
US manufacturing sector index races to 37-year high in March
USA

US manufacturing sector index races to 37-year high in March

  • The Institute for Supply Management (ISM) said on Thursday its index of national factory activity jumped to a reading of 64.7 last month from 60.8 in February. That was the highest level since December 1983.
  • President Joe Biden on Wednesday unveiled a plan to spend roughly $2 trillion on infrastructure like roads and bridges over 10 years.
Published 01 Apr, 2021 07:06pm
New UN study shows 72 nations and $598bn in debt payments at risk through 2025
USA

New UN study shows 72 nations and $598bn in debt payments at risk through 2025

  • Of those, only 49 countries are eligible for debt relief measures adopted by the Group of 20 major economies, UNDP Administrator Achim Stein told reporters, calling on G20 members to quickly expand a moratorium on debt service payments and a common framework for debt treatments beyond the poorest nations.
Updated 01 Apr, 2021 07:05pm
Pfizer COVID-19 shot 91pc effective in updated data, protective against South African variant
Europe

Pfizer COVID-19 shot 91pc effective in updated data, protective against South African variant

  • The shot was also 100% effective in preventing illness among trial participants in South Africa, where a new variant called B1351 is dominant, though the number of those participants was relatively small at 800.
  • While the new overall efficacy rate of 91.3% is lower than the 95% originally reported in November for its 44,000-person trial, a number of variants have become more prevalent around the world since then.
Published 01 Apr, 2021 06:23pm
Coffee maker Lavazza sees full sales rebound in 2021, eyes M&A
Commodities

Coffee maker Lavazza sees full sales rebound in 2021, eyes M&A

  • Last year the family-owned company recorded sales worth 2.085 billion euros as its retail business only partly compensated for a drop in out-of-home coffee consumption.
  • Earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at 253 million euros in 2020, down 13% on 2019.
Published 01 Apr, 2021 06:21pm
Iheanacho emerges as key man for Leicester in run-in
Sports

Iheanacho emerges as key man for Leicester in run-in

  • It is a rarity in these days of tactical complexities to see a team line-up with a genuine strike duo, but Leicester have bucked the trend of late, with Iheanacho emerging as possibly the key component in their run-in.
  • The 34-year-old Vardy, last season's Premier League Golden Boot winner, has managed one league goal this year.
Published 01 Apr, 2021 06:09pm
Sterling eases after strongest Q1 versus euro since 2015
Forex

Sterling eases after strongest Q1 versus euro since 2015

  • Euro-sterling's downward trajectory stalled somewhat on Thursday after it came close to, but did not breach, the key 0.85 level in the previous session.
  • Versus the euro, it was down around 0.1% at 85.2 pence per euro.
Published 01 Apr, 2021 06:02pm
South Korea pays price for reliance on COVAX, scrambles for vaccines
South Asia

South Korea pays price for reliance on COVAX, scrambles for vaccines

  • Once praised by the World Health Organization for its decision to procure vaccines through the global scheme, South Korea is now facing criticism at home as the government scrambles to meet the supply shortfall.
  • South Korea, Indonesia, the Philippines and Vietnam are among countries to be hit by shipment delays to vaccines they have been promised following export curbs by manufacturer India.
Published 01 Apr, 2021 05:54pm
UK needs to do more to tackle racism, PM Johnson says
Europe

UK needs to do more to tackle racism, PM Johnson says

  • "I don't want to say that the government is going to agree with absolutely everything in it, but it has some original and stimulating work in it but I think people need to read and to consider," Johnson said.
  • "There are very serious issues that our society faces to do with racism that we need to address, we've got, we've got to do more to fix it and we need to understand the severity of the problem," he said.
Published 01 Apr, 2021 05:52pm
Turks' hard currency holdings slump after cenbank chief removal
Forex

Turks' hard currency holdings slump after cenbank chief removal

  • The holdings have eased from a record high of $236.11 billion in January. When adjusted with the parity effect, the data showed the hard currency holdings dropped by $8.13 billion in the week to March 26.
  • The lira briefly fell 15% to near its all-time low in a dramatic selloff after President Tayyip Erdogan sacked the hawkish former Central Bank Governor Naci Agbal.
Published 01 Apr, 2021 05:49pm
India AstraZeneca shot delay could be 'catastrophic' for Africa
South Asia

India AstraZeneca shot delay could be 'catastrophic' for Africa

  • India decided to delay big exports of the shots made in its territory by the Serum Institute of India (SII) to make sure it could meet local demand, two sources told Reuters last week.
  • The African Union had planned to vaccinate 20%-30% of the continent's population by the end of the year he said. "If the vaccines are delayed we are unlikely to meet our target," he added.
Published 01 Apr, 2021 05:47pm
EU carbon market emissions excluding aviation fell 12.6pc in 2020
Energy

EU carbon market emissions excluding aviation fell 12.6pc in 2020

  • Around 45% of the European Union's output of greenhouse gases is regulated by the Emissions Trading System (ETS), the bloc's flagship policy to tackle global warming by charging for the right to emit carbon dioxide (CO2).
  • Emissions from power and heating generation fell by 17.1%, to 632.8 million tonnes, the analysts said on Thursday.
Published 01 Apr, 2021 05:45pm
Turkey's new central bank head promises investors tight policy
Money & Banking

Turkey's new central bank head promises investors tight policy

  • Two sources said that a senior bank official added on the call there would be no premature interest rate cuts, and that inflation was close to the upper bound of its forecasts.
  • President Tayyip Erdogan fired former governor Naci Agbal on March 20 in a shock move that sent the lira down 13% as investors predicted a quick pivot to loose policy, given Kavcioglu's past criticism of Agbal's tight stance.
Published 01 Apr, 2021 05:36pm
UK data show good immune response in over 80s after 2-dose Pfizer COVID-19 shot
Europe

UK data show good immune response in over 80s after 2-dose Pfizer COVID-19 shot

  • "We were surprised, and very pleased," Moss told reporters at a briefing about the findings. "But, of course, this does go with the excellent clinical protection that we're seeing with the vaccine - so it does correlate."
  • Pfizer and its co-developer BioNTech said earlier on Thursday that updated clinical trial data showed their vaccine is around 91% effective at preventing COVID-19 cases.
Published 01 Apr, 2021 05:32pm
Canada pension fund CDPQ sets partnership to invest $125mn in clean tech
Financial

Canada pension fund CDPQ sets partnership to invest $125mn in clean tech

  • The investment partnership will focus on digital innovations that can transform the energy and sustainable industry sectors, and the two companies will pool knowledge on climate investments.
  • Geneviève Bouthillier, a managing director at CDPQ, told Reuters the partnership would be a "jump start" and enable the pension fund to benefit from Energize's expertise.
Published 01 Apr, 2021 05:27pm
Govt makes Broadsheet Inquiry Commission report public after approval from cabinet
Pakistan

Govt makes Broadsheet Inquiry Commission report public after approval from cabinet

  • The commission has held the bureaucracy responsible for delaying payments to the firm hired for finding assets of political leaders abroad that led to a US$9 million fine
  • The report states that the bureaucracy tried its best to hide the record while various ministries and institutions did not cooperate with the commission during the probe
Updated 01 Apr, 2021 05:25pm
Morocco grain traders see strong harvest, lower soft wheat imports
Commodities

Morocco grain traders see strong harvest, lower soft wheat imports

  • The central bank has already raised its economic growth projection from earlier forecasts based on a predicted cereals harvest of 9.5 million tonnes, well up from 3.2 million tonnes last year.
  • "Cereals output is expected to exceed 10 million tonnes this season, which means less imports," he said.
Published 01 Apr, 2021 05:21pm
France's wheat exports boosted by Morocco, China buys barley
Commodities

France's wheat exports boosted by Morocco, China buys barley

  • Soft wheat exports to destinations outside the EU-27 and Britain totalled 937,700 tonnes in March, the ninth month of the 2020/21 season, an initial estimate based on Refinitiv loading data showed.
  • Morocco was the leading destination, accounting for 348,400 tonnes, nearly three times the volume shipped there in February.
Published 01 Apr, 2021 05:20pm
Canadian dollar forecasts grow more bullish as economy strengthens
USA

Canadian dollar forecasts grow more bullish as economy strengthens

*The median forecast of more than 30 strategists was for the Canadian dollar to rise a further 0.6% over the next three months to 1.25 per US dollar, or 80 US cents. * "We expect the Canadian dollar to be a general outperformer among the G10 over the coming year," said Erik Nelson, a currency strategist at Wells Fargo in New York.
Published 01 Apr, 2021 05:15pm
Copper touches lowest in nearly a month on China demand worries
Commodities

Copper touches lowest in nearly a month on China demand worries

  • There are concerns about China deleveraging; that seems to be uppermost in a lot of people's minds. How much more tightening is there to come? And the Chinese economy seems to be slowing anyway.
  • Copper inventories are rising on the LME and it seems that demand for the time being has come off the boil, which is a bit concerning because we're going into the seasonally strong part of the year.
Published 01 Apr, 2021 05:11pm
Kenyan shilling seen strengthening, Zambia unit under pressure
Forex

Kenyan shilling seen strengthening, Zambia unit under pressure

  • Commercial banks quoted the shilling at 109.10/30 per dollar, compared with last Thursday's close of 109.65/109.85.
  • On Thursday, commercial banks quoted the currency of Africa's second largest copper producer at 22.0750 per dollar, slightly down from 22.0231 at the close of business a week ago.
Published 01 Apr, 2021 05:10pm
Zloty brushes off virus worries to lead FX gains
Forex

Zloty brushes off virus worries to lead FX gains

  • This is ahead of holidays -- the zloty was underperforming earlier, now it's outperforming... it seems like the main reason is probably the market was long, squaring positions ahead of the Easter holidays.
  • The zloty was 0.17% firmer against the euro at 4.624. The Czech crown was 0.12% firmer at 26.08 and the Hungarian forint was little changed at 362.10.
Published 01 Apr, 2021 05:05pm
Indian shares end higher, state-run lenders climb on capital infusion
Stocks

Indian shares end higher, state-run lenders climb on capital infusion

  • The blue-chip NSE Nifty 50 index closed 1.2% higher at 14,867.35, while the benchmark S&P BSE Sensex gained 1.1% to 50,029.83.
  • "Commodity prices have gone up, so metals are doing well, said Samrat Dasgupta, chief executive of Esquire Capital Investment Advisors in Mumbai.
Published 01 Apr, 2021 04:47pm
COVID vaccine not needed for performing Umrah in Ramadan, say Saudi officials
World

COVID vaccine not needed for performing Umrah in Ramadan, say Saudi officials

  • Those working in the Hajj and Umrah sectors are required to get vaccinated before the start of Ramadan, which will be on April 12
  • Saudi authorities increased inspection campaigns to ensure adherence to remaining measures such as restricting the number of gatherings in social events to 20 people only
Published 01 Apr, 2021 04:41pm
CanSinoBIO says COVID-19 shot may be less effective over time
World

CanSinoBIO says COVID-19 shot may be less effective over time

  • CanSinoBIO’s chief scientific officer says a second shot given to trial participants six months after their first injection could offer substantial protection against the virus
  • Tao says accurate and precise results could only be gathered after more clinical trials
Updated 01 Apr, 2021 02:51pm
U.S. envoy Kerry heads to India to try and lift 'climate ambition'
World

U.S. envoy Kerry heads to India to try and lift 'climate ambition'

  • Prime Minister Narendra Modi’s government is facing calls from the United States and Britain to commit India to a net zero emissions target by 2050
  • Kerry will also visit the United Arab Emirates and Bangladesh, which experts say is especially vulnerable to climate change
Published 01 Apr, 2021 01:55pm
Peshawar High Court removes ban on TikTok
Pakistan

Peshawar High Court removes ban on TikTok

  • On March 11, PHC Chief Justice Qaiser Rashid Khan had ordered the Pakistan Telecommunication Authority (PTA) to ban the app for promoting immoral, objectionable content.
Published 01 Apr, 2021 12:07pm
US oil may retest support at $57.88
Energy

US oil may retest support at $57.88

  • Given that the support at $57.88 held firm on March 23 under a strong attack by bears, it may hold again and trigger a bounce this time.
Published 01 Apr, 2021 10:50am