Business Recorder

One of the most vocal policy advocacies of the PTI government is to combat climate change and improve the ...

The power regulator has approved the long overdue monthly Fuel Price Adjustments (FPA) for eight months starting...

Find solace in small things. The country’s digital exports may be insignificant, but they didn’t go unnoticed in...

It is a bold move for a company to launch a brand-new vehicle in the midst of a pandemic but that is exactly what...

Babri Cotton Mills Limited (PSX: BCML) was established as a public limited company in 1970. It is engaged in the...

• US has logged 5,075,678 cases and 163,282 deaths, Brazil has recorded 3,057,470 infections and 101,752 deaths.

• Kai Havertz reduced the deficit in possibly his final game for Leverkusen with a well-worked goal on 25 minutes.

• • Nasdaq was down 0.4 percent to 10,968.36, but the Dow Jones Industrial Average gained 1.3 percent to end at 27,791.44.

KARACHI: The weather report on Monday (August 10, 2020) and the forecast for Tuesday (August 11, 2020)....

LAHORE: Pakistan People's Party (PPP) stalwart and former Senior Punjab Minister Malik Mushtaq Awan died on ...

LAHORE: In his message for the Independence Day, President of the University of Management and Technology (UMT),...

LAHORE: Heavy rain spell struck the city on Monday, leaving the low-lying areas in a flood-like situation.

It may...

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has stated on Monday that the government has overcome the ...

LAHORE: The engineering marvel 969 MW-Neelum Jhelum Hydropower Plant achieved yet another landmark as its...

LAHORE: In a step towards digitizing local government department services, the Punjab Local Government and Community...

LAHORE: The Punjab Assembly on Monday passed a unanimous resolution for making Quaid-Azam Muhammad Ali Jinnah speech...

GENEVA: The World Health Organization insisted Monday there was still hope of conquering the coronavirus pandemic...

PATHUM THANI: Young protesters listened in rapt attention on Monday night as a pro-democracy activist called for ...

ATHENS: Greece on Monday accused Turkey of "threatening peace" in the eastern Mediterranean and called a military...

LONDON: A "rare and important" pair of iconic glasses worn by Indian independence hero Mahatma Gandhi look set to...

WASHINGTON: An agreement on a new pandemic relief package is possible if Democrats in Congress are willing to give...

BERLIN: German Foreign Minister Heiko Maas said Monday he had expressed "displeasure" to his US counterpart Mike...

ISTANBUL: Turkey's labour participation rate languished at 47.6% in the April-June period as a coronavirus lockdown...

LAHORE: The Senate Standing Committee on Petroleum directed Sui Southern Gas Company Limited (SSGC) on Monday to...

ISLAMABAD: The National Command and Operations Centre (NCOC) Monday warned of a potential spike in the coronavirus...

LAHORE: One Muhammad Nawaz facing murder charge was gunned down on Monday outside a courtroom at sessions court....

KARACHI: MoU signing ceremony between Defence Housing Authority Bahawalpur and three renowned business groups was...

KARACHI: The Recruiters, a leading recruitment and executive search consulting in Karachi today announced ...

ISLAMABAD: Business community and traders Monday hailed the government's smart lockdown strategy adopted during...

KARACHI: Pakistan's leading doctor booking & video-consultations platform has launched its e-wallet in oladoc...

ISLAMABAD: The apex court has set aside the Peshawar High Court (PHC) judgment on regularising the services of...

KARACHI: The Supreme Court (SC) on Monday ordered the Sindh government to construct underpasses and flyovers on...

KARACHI: Directorate General of Customs Valuation (DGCV) has revised the customs values of uncoated offset paper for...

KARACHI: Karachi Mayor Wasim Akhtar on Monday said that Karachiites paid 65 per cent and 95 per cent taxes to the...

KARACHI: Head of Anjuman Zia-e-Taiba (AZT) Mubashir Raza has said that this charity organization spent more than two...

QUETTA: Another polio case has been reported in Balochistan on Monday, taking the provincial tally to 16 in the...

RAWALPINDI: National Logistics Cell (NLC) is giving final touches to Sohawa-Chakwal dual carriageway that will not...

ISLAMABAD: The Election Commission of Pakistan (ECP) and Punjab government are expected to finalize soon the date ...

ISLAMABAD: The Senate Standing Committee on Law and Justice on Monday considered "The Constitution (Amendment) Bill,...

ISLAMABAD: Pakistan People's Party (PPP) Chairman Bilawal Bhutto-Zardari on Monday visited the residence of Sajjada...

ISLAMABAD: The National Assembly Standing Committee on Interior on Monday considered the "Islamabad Capital ...

ISLAMABAD: The National Assembly on Monday extended 'The Financial Institutions (Secured Transactions) (Amendment)...

ISLAMABAD: While global cases of Covid-19 have crossed the mark of 20 million, the situation in Pakistan has been...

ISLAMABAD: The Islamabad High Court (IHC) on Monday again issued notices to the secretaries of the Ministry of ...

KARACHI: Uzair Baloch, who has been accused of committing 198 murders during the Lyari gang war, appeared in an...

ISLAMABAD: The Ministry of Commerce (MoC) has decided to constitute 10 new members of Board of Export Development...

ISLAMABAD: The Pakistan Telecommunication Authority (PTA), while taking serious note of the import, sale and use of...

ISLAMABAD: Wife of Supreme Court of Pakistan (SC) Judge Justice Qazi Faez Isa, Cerina Isa, on Monday appeared before...

KARACHI: All timings are in PST (Pakistan Standard Time).

06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

ISLAMABAD: Petroleum Division is said to be making efforts to appoint Ahsan Khan as Chief Executive Officer (CEO) of...

ISLAMABAD : The federal government's reluctance to notify tariffs due to political considerations an delay in ...

ISLAMABAD: The Federal Investigation Agency (FIA) has made progress in actions over the fake export of sugar by...

ISLAMABAD: Setting aside the security concerns of Ministry of Defence (MoD), a cabinet committee headed by Prime...

ISLAMABAD: The rising input prices raise grave concerns as farmers have lost cash earnings during the Covid-19...

ISLAMABAD: Chief of Army Staff General Qamar Javed Bajwa visited Headquarters of Inter-Services Intelligence here ...

OCCUPIED SRINAGAR: A Kashmir politician who died of gunshot wounds on Monday has become the fifth member of India's...

BEIRUT: Lebanon's premier Hassan Diab stepped down Monday amid fury within and outside his government over the ...

ISLAMABAD: An accountability court on Monday indicted former president Asif Ali Zardari in the Park Lane reference...

ISLAMABAD: President-elect of the United Nations General Assembly (UNGA) Volkan Bozkir Monday underscored that...

ISLAMABAD: The President-elect of the Seventy-fifth Session of the United Nations General Assembly, Volkan Bozkir,...

QUETTA: An improvised bomb planted on a motorbike killed six people in Chaman on Monday, police said.

A vehicle...

ISLAMABAD: Pakistan can potentially increase its exports by up to $12 billion by 2024 even taking into account...

BEIJING: China's consumer inflation edged up in July, official data showed Monday, partly because of rising food...

ISLAMABAD: The government has set a target of $5 billion for export remittances through information technology and...

ISLAMABAD: Faheem Haider has been appointed as the new managing director/CEO of Mari Petroleum Company Limited...

ISLAMABAD: The government has decided to take measures for speedy payment of refunds of Rs 232 billion through...

BEIJING: China on Monday sanctioned 11 Americans, including senators Marco Rubio and Ted Cruz, in retaliation for...

ISLAMABAD: The federal cabinet is likely to discuss the possibility of renewal of an agreement between Pakistan and...

ISLAMABAD: The Cabinet which is scheduled to meet Tuesday (Aug 11) with Prime Minister Imran Khan in the chair will...

ISLAMABAD: The Saudi Arabian Ambassador, Nawaf Saeed Al Malki on Monday called on Army Chief General Qamar Javed...

ISLAMABAD: The Economic Coordination Committee (ECC), scheduled to meet on Wednesday, will take up the matter of...

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended August 6, 2020, recorded a decrease of 0.06 ...

ISLAMABAD: Civil Aviation Division has recommended the government to extend suspension period of licences of...

KARACHI: The Supreme Court (SC) on Monday authorized the commissioner of Karachi to remove billboards and signboards...

KARACHI: The Sindh government Monday announced reopening of almost all the sectors which had been closed for months...

ISLAMABAD: A parliamentary Committee of National Assembly on Finance Monday cleared the Finance Action Task...

• Due to the rising coronavirus cases, the 13th edition of the Twenty20 tournament is scheduled to take place between September 19 and November 10.

• Canadian dollar rises 0.3% against the greenback.
• Price of US oil settles 1.8% higher.
• RBC data shows Canadian consumer spending up 3.1% year-over-year.
• Canadian bond yields trade mixed across a steeper curve.

• The German Football League (DFL) had hoped authorities would accept an updated proposal to allow fans in stadiums again under certain conditions.
• In particular, local health authorities are currently focused on contact tracing, the school start and the return of holidays travellers.

• The Beaumont United Steelworkers (USW) union is the third USW local planning to demand bargaining on the issue.
• If their demands are refused, the unions can file grievances. If those are declined, the unions can then file complaints with the US National Labor Relations Board.

• Shares of Eastman Kodak dove 28.3 percent to $10.67 in afternoon trading.

• Dollar holds near 1-week high.
• Gold's next target is $2,090 per ounce –strategist.
• Platinum hits highest in nearly six months; silver jumps.
• Investors eye US-China meet on Aug. 15.

• US fiscal stimulus boosts dollar.
• Dollar rises to one-week high vs euro, Swiss franc.
• Dollar poised for short-term correction -analyst
• Sino-US tensions keep currency markets subdued.

• US prosecutors had accused Halkbank of using money servicers and front companies in Iran, Turkey and the United Arab Emirates to evade sanctions.
• Halkbank pleaded not guilty on March 31 to fraud, money laundering and conspiracy charges.

• Ronaldinho, considered one of the greatest footballers of all time, was crucial in Brazil's 2002 World Cup win.

• Hand-made cotton face coverings provided good coverage, eliminating 70 to 90 percent of the spray from normal speech.

• With most of the pension fund related inflows behind us, we see the Chilean peso continuing its mean reversion back to fair value.
• The move had seen the currency hit its highest level since early January and post its best monthly gain ever in July.

• Arabica coffee closed sharply down after hitting a 4-1/2 month high last week.
• October white sugar settled down $1.70, or 0.5%, at $370.60 a tonne.
• November robusta coffee settled down $6, or 0.4%, at $1,357 a tonne.

• China will rethink its position on Hong Kong.
• I'm not optimistic given what we saw this morning.
• what we've seen over the past week that they're going to change what they're doing.

• Eastman Kodak plummets as government loan agreement put on ice.
• Energy stocks outperform.

• The authorization cleared the way for broader use of the drug in more hospitals around the United States.
• Gilead said its marketing application for remdesivir, to be sold under brand name Veklury.

• China's copper import surge in focus.
• LME copper stocks at lowest since March 2019.

• The Hercules asset protection scheme (HAPS) was put in place to help the banks offload up to 30 billion euros of bad loans.
• Piraeus Bank will be the third Greek bank to apply for a government guarantee under the HAPS programme after peers Eurobank and Alpha Bank.

• BP, Shell jump as oil prices rise.
• Easing China factory deflation supports markets.
• Tech stocks decline amid US-China tensions.

• Affected branch staff were told they would have to retrain, change roles or take voluntary redundancy.
• A total of 929 staff are affected, a TSB spokesman confirmed, adding that employees were being given a choice as it phased out non-specialist roles.