Trends - Apple - Business Recorder

Apple

Asia equities tick up, as investors look to the US

Japan's Nikkei rose 0.58%
Chinese blue chips rose 0.15%, and the Hong Kong benchmark rose 0.31%, though real estate, healthcare, education stocks were still down

Published 27 Jul, 2021 10:37am

Markets

Wall Street ends down as Delta variant drives fears

NEW YORK: Wall Street ended lower on Friday, weighed down by declines in Amazon, Apple and other heavyweight...

Published 18 Jul, 2021 04:14am

Markets

Tuesday’s early trade: S&P, Nasdaq scale new peaks

NEW YORK: The S&P 500 and the Nasdaq scaled new peaks on Tuesday, helped by a rise in mega-cap stocks and a...

Published 14 Jul, 2021 03:59am

Global tax deal backed by 130 nations

PARIS: A total of 130 countries have agreed a global tax reform ensuring that multinationals pay their fair share...

Published 02 Jul, 2021 04:19am

Markets

Nasdaq hits record high as Big Tech roars back

Amazon saw over $5.6 billion in total online sales in the United States on the first day of its Prime promotional event, according to Adobe Digital Economy Index.

Published 22 Jun, 2021 11:39pm

Opinion

Huge changes for internet and Big Tech under US antitrust proposal

The antitrust overhaul package unveiled in Congress targeting Big Tech, if enacted, could have far-reaching effects...

Published 21 Jun, 2021 03:43am

Technology

UK watchdog looking into Apple, Google's dominance of mobile phone systems

Our ongoing work into big tech has already uncovered some worrying trends and we know consumers and businesses could be harmed if they go unchecked.
The CMA said the new study into mobile ecosystems would be broader than some of the other competition probes it already has into Apple's App Store and Google's Privacy Sandbox.

Published 15 Jun, 2021 06:37pm

Technology

US lawmakers, wary of Big Tech, propose antitrust overhaul

WASHINGTON: US lawmakers unveiled sweeping antitrust measures Friday aimed at tempering the dominance of Big Tech...

Published 13 Jun, 2021 03:56am

World

Trump officials seized Apple data of 2 Democratic lawmakers: NY Times

Top Democrat Nancy Pelosi also called for an investigation, describing the New York Times report as "harrowing."

Published 11 Jun, 2021 09:58am

Markets

Apple, Tesla boost Nasdaq; Inflation in focus

Tesla's China-made car sales up 29% in May from April
FAANGs up slightly after G7 tax plan
Meme stocks gain as short squeeze continues
Indexes: Dow down 0.08%, S&P up 0.15%, Nasdaq up 0.69%.

Published 08 Jun, 2021 07:52pm

Technology

Google loosens its search engine grip on Android devices in Europe

The move by the world's most popular internet search engine comes as the 27-country bloc considers rules that could be introduced next year to force Google, Amazon, Apple and Facebook to ensure a level playing field for competitors.

Published 08 Jun, 2021 07:40pm

Technology

EU launches digital identity wallet

BRUSSELS: The European Commission announced plans for a digital identity wallet to allow Europeans to access public...

Published 07 Jun, 2021 03:34am

Markets

S&P 500, Nasdaq weighed down by inflation worries after upbeat data

The S&P index recorded 30 new 52-week highs and no new low, while the Nasdaq recorded 55 new highs and 21 new lows.

Published 04 Jun, 2021 12:39am

World

Digital tax dispute: US suspends tariffs on UK, India, European nations

WASHINGTON: The US government announced Wednesday it is suspending for six months punitive tariffs on Britain, India...

Published 03 Jun, 2021 04:13am

US suspends tariffs on UK, India, EU nations in digital tax dispute: USTR

Biden's administration is pushing for a 15 percent global minimum corporate tax that aims to resolve the issue of corporations sheltering profits in low-tax nations.

Published 02 Jun, 2021 08:28pm

Technology

Huawei to launch new mobile operating system in fight for survival

It became one of the world's three leading mobile phone manufacturers along with Samsung and Apple - briefly occupying the number one spot last year - driven by Chinese demand and sales in emerging markets.

Published 02 Jun, 2021 02:48pm

Technology

Apple's new AirPods are on the way: Here's what to expect

Apple is planning revamp for its entry-level AirPods this year and a second-generation version of its AirPods Pro in 2022
While the release date for these upgraded AirPods remains speculative, many industry analysts expect a launch before the end of 2021

Published 29 May, 2021 08:36pm

Markets

Ford boosts EV spending, outlines 2030 sales targets, shares near 5-year high

Ford and other global automakers are racing to shift their gasoline-powered lineups to all electric power under pressure from regions like Europe and China to cut vehicle emissions.

Published 26 May, 2021 10:54pm

Business & Finance

Apple's Tim Cook takes stand to defend App Store at trial with 'Fortnite' maker

Cook is expected to spend more than two hours making what are likely to be his most extensive public remarks on the App Store, which anchors Apple's $53.8 billion services business.
The maker of "Fortnite," which pits players against in each other in an animated "Battle Royale" fight to the last survivor, is led by CEO Tim Sweeney, who has reveled in the public opportunity to take on Apple.

Published 21 May, 2021 09:04pm

Markets

Asian markets hit by volatility, oil down on Iran nuclear reports

"It's no surprise to me, as Chinese capital controls can be challenged by cryptocurrency purchases in the country and transfers out of the country," Adam Reynolds, of Saxo Markets, said.

Published 19 May, 2021 11:06am

Technology

Apple announces lossless Apple Music for Free

Apple announced that its Apple Music will be receiving two major updates in the coming June: support for high-quality, lossless audio and new Spatial Audio with Dolby Atmos feature.
This new feature will be available for free to all subscribers.

Updated 17 May, 2021 08:13pm

World

EU court to decide on Amazon tax appeal

The French energy giant Engie will also learn the fate of its fight against a similar EU order to repay Luxembourg 120 million euros in taxes.

Updated 12 May, 2021 11:57am

Technology

Apple, Epic in heated US court clash over app market

"Apple did not create a secure and integrated ecosystem to keep people out, it did that so it could invite developers in -- without compromising the privacy, reliability and quality consumers wanted," Dunn said.

Published 04 May, 2021 10:33am

Technology

Fortnite maker girds for epic court clash with Apple

Epic, which is seeking to return to the App Store without being forced to use Apple's payment scheme, is not alone in its criticism.

Published 02 May, 2021 11:36am

EU hits Apple with music streaming charge

BRUSSELS: EU regulators accused Apple on Friday of distorting competition in the music streaming market, siding ...

Published 01 May, 2021 03:28am

Technology

Apple, Facebook deliver more blockbuster profits for tech

SAN FRANCISCO: Apple and Facebook delivered blockbuster profits on Wednesday in the latest sign of Big Tech’s...

Updated 30 Apr, 2021 10:33am

Markets

Thursday’s early afternoon trade: S&P near record high; Facebook jumps, Apple slips

NEW YORK: The S&P 500 hovered near record highs on Thursday, helped by gains in Facebook and upbeat economic...

Published 30 Apr, 2021 05:06am

Technology

Apple, Facebook deliver more blockbuster profits for tech

The surging influence of Big Tech firms, including Amazon, which reports earnings Thursday, has led to calls for increased regulation, higher taxes and stronger antitrust enforcement to foster more competition.

Published 29 Apr, 2021 10:52am

World

German firms file anti-trust complaint against Apple

BERLIN: A group of German tech and media companies filed an anti-trust complaint Monday against Apple over the US...

Updated 27 Apr, 2021 10:08am

Business & Finance

Apple boosts US investment pledge to $430bn

SAN FRANCISCO: Apple announced Monday it plans to boost its investment plans in the United States to $430 billion...

Updated 27 Apr, 2021 10:05am

Gainers
Losers
Leaders

Stock	Price
Abdullah Shah / Sep 28 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.49 ▲ 0.45 (8.93%)
Universal Ins. / Sep 28 The Universal Insurance Company Limited(UVIC)	3.80 ▲ 0.29 (8.26%)
Shakarganj / Sep 28 Shakarganj Limited(SML)	37.42 ▲ 2.61 (7.50%)
Int. Knit. / Sep 28 International Knitwear Limited(INKL)	14.47 ▲ 0.97 (7.19%)
Invest Bank / Sep 28 Invest Capital Investment Bank Limited(ICIBL)	1.12 ▲ 0.07 (6.67%)
PICIC Ins.Ltd. / Sep 28 PICIC Insurance Limited(PIL)	0.86 ▲ 0.05 (6.17%)
Chakwal Spinning / Sep 28 Chakwal Spinning Mills Limited(CWSM)	1.25 ▲ 0.07 (5.93%)
Pak. P.V.C. / Sep 28 Pakistan PVC Limited(PPVC)	5.30 ▲ 0.28 (5.58%)
EFU General / Sep 28 EFU General Insurance Limited(EFUG)	89.50 ▲ 4.65 (5.48%)
Ist.Capital Sec / Sep 28 First Capital Securities Corporation(FCSC)	0.98 ▲ 0.05 (5.38%)

Stock	Price
SME Leasing Ltd / Sep 28 SME Leasing Limited(SLL)	1.72 ▼ -0.68 (-28.33%)
Pak Oilfields / Sep 28 Pakistan Oilfields Limited(POL)	388.88 ▼ -50.61 (-11.52%)
Shadab Textile / Sep 28 Shadab Textile Mills Limited(SHDT)	10.72 ▼ -1.00 (-8.53%)
Kohat Textile / Sep 28 Kohat Textile Mills Limited(KOHTM)	11.30 ▼ -0.95 (-7.76%)
Masood Textile / Sep 28 Masood Textile Mills Limited(MSOT)	41.50 ▼ -3.36 (-7.49%)
First Prudential Mod. / Sep 28 First Prudential Modaraba(PMI)	1.56 ▼ -0.08 (-4.88%)
At-Tahur Ltd. / Sep 28 At-Tahur Limited(PREMA)	15 ▼ -0.70 (-4.46%)
Gharibwal Cement / Sep 28 Gharibwal Cement Limited(GWLC)	16 ▼ -0.69 (-4.13%)
Sakrand Sugar / Sep 28 Sakrand Sugar Mills Limited(SKRS)	8.90 ▼ -0.32 (-3.47%)
Kohinoor Spining / Sep 28 Kohinoor Spinning Mills Limited(KOSM)	1.96 ▼ -0.07 (-3.45%)

Stock	Volume
Maple Leaf Cement / Sep 28 Maple Leaf Cement Factory Limited(MLCF)	11,085,943 ▼ -0.18
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	9,115,995 ▲ 0.03
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	7,096,855 ▲ 0.01
Agritech Limited / Sep 28 Agritech Limited(AGL)	7,067,500 ▲ 0.29
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	6,933,000 ▲ 0.13
Oil & Gas Dev. / Sep 28 Oil & Gas Development Company Limited(OGDC)	6,830,288 ▼ -0.11
Dewan Motors / Sep 28 Dewan Farooque Motors Limited(DFML)	6,537,980 ▲ 0.04
Bankislami Pak. / Sep 28 BankIslami Pakistan Limited(BIPL)	6,477,203 ▼ -0.23
B.O.Punjab / Sep 28 The Bank of Punjab(BOP)	6,308,530 ▼ -0.04
Sui North Gas / Sep 28 Sui Northern Gas Pipelines Limited(SNGP)	5,152,021 ▼ -0.10

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 28	288.03
USD PKR Interbank Buying / Sep 28	287.73
USD to Japanese Yen / Sep 28	149.36
USD to Swiss Franc / Sep 28	0.92
Pound Sterling to USD / Sep 28	1.21
Euro to USD / Sep 28	1.05
UK LIBOR % / Sep 27	5.43

Stock	Volume
S&P 500 / Sep 27	4274.51
Nasdaq / Sep 27	13092.85
FTSE 100 / Sep 27	7593.22
Dow Jones / Sep 27	33550.27
Germany DAX 30 / Sep 27	15217.45
France CAC40 / Sep 27	7071.79
India Sensex / Sep 28	66115.09
Tokyo Nikkei / Sep 28	31744.50
Hang Seng / Sep 28	17429.46

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 27	17935
Gold 10 Grams PKR / Sep 27	174950
Crude Oil USD/Barrel / Sep 28	94.58
Gold Spot USD/Ounce / Sep 28	1874.97
Cotton US¢/pound / Sep 28	88.65

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