Trends - Apple - Business Recorder

Apple

Unlawful content rules: AIC submits letter to AGP over removal and blocking

ISLAMABAD: The Asia Internet Coalition (AIC) has submitted a letter to the Attorney General of Pakistan stating that...

Published 10 Feb, 2021 04:12am

Markets

Tuesday’s early trade: S&P, Dow ease

NEW YORK: The Dow and the S&P 500 eased from record highs on Tuesday as investors digested recent gains while...

Published 10 Feb, 2021 04:12am

World

Hong Kong's top court denies bail to media tycoon Jimmy Lai

Tuesday's ruling by the Court of Final Appeal centred around bail.

Published 09 Feb, 2021 10:19am

Business & Finance

Hyundai, Kia deny Apple car talks, sending shares tumbling

Kia shares slumped 14.98 percent at the close in Seoul on Monday, while Hyundai fell 6.21 percent.

Published 08 Feb, 2021 04:58pm

Business & Finance

Hyundai, Kia deny Apple car talks, send shares tumbling

Reports last week suggested they could produce cars in the US state of Georgia.

Published 08 Feb, 2021 10:03am

Business & Finance

Ford to speed up push to electric autos, digitization

NEW YORK: Ford announced Thursday a dramatic acceleration of its investment push into electric autos and signaled...

Published 06 Feb, 2021 04:06am

Business & Finance

Looming Apple privacy changes weigh on Snap despite revenue growth

Apple’s planned changes, to ask iPhone users for consent to track their data for personalized ads, could present a “risk” to advertiser demand, Snap said, but added it was unclear how that could affect business in the long-run.

Published 05 Feb, 2021 10:26am

Business & Finance

Apple near deal with Hyundai on autonomous cars: reports

The report said Apple wanted to work with an established automaker willing to allow the California tech giant to control the software and hardware that will go into the vehicle.

Published 04 Feb, 2021 09:15pm

Technology

Qualcomm shares drop as chip supply constraints hold back sales

The higher sales of chips - and chips with better margins - accounted for the company's above-expectations profit forecast despite falling short of estimates for its licensing business, Palkhiwala told Reuters.

Published 04 Feb, 2021 12:18pm

BR Research

Apple-Hyundai electric car close to become reality

Kuo said that Apple’s first car will be based on Hyundai’s E-GMP platform for battery-powered electric vehicles.
TF Securities analyst claimed that first Apple car will be produced together with Hyundai.

Updated 03 Feb, 2021 02:27pm

Markets

Taiwan's January exports seen up for seventh month in row

Taiwan's exports have been helped by demand for laptops and tablets to support the work-from-home trend during the pandemic.

Published 03 Feb, 2021 11:11am

Business & Finance

South Korea carmaker Kia's shares jump 14.5% on Apple EV tie-up report

Kia at the time said it was reviewing cooperation on self-driving electric cars with multiple foreign firms, without mentioning the report linking it to a project with Apple.

Published 03 Feb, 2021 10:59am

Markets

S&P posts biggest gain since Nov 24

NEW YORK: The S&P 500 registered its biggest daily percentage gain since Nov. 24 on Monday after a steep ...

Published 03 Feb, 2021 04:35am

$15.7bn Apple tax judgment: EU claims court errors in bid to overturn

BRUSSELS: EU antitrust enforcers have claimed a court made legal errors when it scrapped their order for iPhone ...

Published 02 Feb, 2021 04:29am

Business & Finance

Facebook profit surges

SAN FRANCISCO: Facebook profit surged in the final three months of last year as people enduring the holidays in a...

Published 29 Jan, 2021 04:55am

Business & Finance

Apple tops expectations on record iPhone revenue, China sales surge

SAN FRANCISCO: Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations,...

Published 29 Jan, 2021 04:55am

Technology

Apple logs record quarterly smartphone shipments, Huawei in freefall

According to IDC, it now ranks 5th compared with the No. 2 ranking it had only two quarters earlier.

Published 28 Jan, 2021 10:48am

Markets

How retail traders squeezed Wall Street for bets against GameStop

Retail investors' participation in US equity order flows increased to nearly 20% in 2020 from 15% in 2019, while orders from long-only funds fell to 6.4% last year from 9.7% in 2019, data from Swiss bank UBS showed.

Published 28 Jan, 2021 10:25am

World

Facebook scores earnings beat on holiday retail advertising; Apple privacy changes loom

The world’s biggest social media company said it expected to face “significant ad targeting headwinds in 2021.

Published 28 Jan, 2021 09:35am

Technology

Apple warns, iPhone 12, MagSafe accessories could interfere with pacemakers

Apple insists that the MagSafe and MagSafeDo accessories contain radio signals and that their magnetic and electromagnetic fields can interfere with the functioning of medical devices.

Published 26 Jan, 2021 03:10pm

Technology

Apple warns iPhone 12 and MagSafe Users to stay away from Pacemakers

Apple warns users of iPhone 12 and MagSafe accessories to maintain a distance of more than 6 inches away from implanted medical devices like pacemakers.

Updated 25 Jan, 2021 08:18pm

Markets

Wall Street week ahead: Tech shares could retake reins as earnings heat up

NEW YORK: A bevy of major US earnings reports next week led by Apple, Microsoft and Facebook could help technology...

Published 25 Jan, 2021 04:23am

Technology

Developer complains to EU over Apple, Google app rules after COVID game rejected

Several developers have challenged Google and Apple over their app policies, triggering calls for regulatory action as nearly all smartphones outside restricted markets such as China come with either Google's Play store or Apple's App Store.
In the United States, state attorneys general are planning a lawsuit against Google over its Play Store for Android phones following complaints.

Published 22 Jan, 2021 08:25pm

Technology

Apple to bring a thinner MacBook Air with Magnetic Charger

Apple Inc. plans on launching a thinner and lighter MacBook Air with a magnetic charger during the second half of this year or in 2022.

Updated 22 Jan, 2021 05:00pm

Business & Finance

South Korea's Kia says looking at electric car projects with multiple firms after Apple report

Kia last week changed its corporate brand to simply 'Kia' from 'Kia Motors' in what it said was part of a new strategy aimed at taking the company "beyond vehicle manufacturing to create sustainable mobility solutions", without providing specific details of new projects.

Published 20 Jan, 2021 11:45am

Business & Finance

After dizzying gyrations, what's bitcoin really worth?

He added that the bulk of investors are not day-to-day traders, but people making a long-term punt -- and he estimates that the spectacular price boom of recent weeks has involved only around five millions units.

Published 17 Jan, 2021 10:03am

World

Watchdogs across EU should be allowed to challenge Facebook, EU court adviser says

The adviser to the EU’s top court has issued a recommendation to allow data protection agencies in any EU country to take legal action against Facebook or any other tech firm even if their regional headquarters are in a different EU state.
If the recommendation is followed, it could prompt action by national agencies in the 27-member EU against other U.S. tech companies, such as Google, Twitter and Apple, which also have their EU headquarters in Ireland.

Published 13 Jan, 2021 03:45pm

Business & Finance

Apple, Hyundai to agree on electric car tie-up early this year

The latest report said the pair plan to build the cars at Kia Motors' factory in Georgia, or jointly invest in a new factory in the United States.

Published 10 Jan, 2021 05:42pm

Technology

Amazon pushes Parler offline after Capitol attack

Google pulled Parler from its app store for allowing "egregious content" that could incite deadly violence like that seen at the Capitol.

Published 10 Jan, 2021 10:50am

Business & Finance

Hyundai says in early talks with Apple after electric vehicle tie-up report

The report comes weeks after Reuters reported that Apple was moving forward with self-driving car technology and was aiming to produce a passenger vehicle that could include its own breakthrough battery technology as early as 2024.

Published 09 Jan, 2021 11:35am

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jun 9 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 9 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 9 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 9 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 9 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 9 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 9 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 9 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 9 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 9 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 9 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 9 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 9 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 9 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 9 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 9 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 9 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 9 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 9 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 9 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.24
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	19,470,263 ▲ 0.38
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.01
Faysal Bank / Jun 9 Faysal Bank Limited(FABL)	10,414,954 ▲ 1.25
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	9,814,500 ▲ 0.23
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▼ -0.04
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.02
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.12
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.01
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 9	286.95
USD PKR Interbank Buying / Jun 9	286.80
USD to Japanese Yen / Jun 9	139.36
USD to Swiss Franc / Jun 9	0.90
Pound Sterling to USD / Jun 9	1.25
Euro to USD / Jun 9	1.08
UK LIBOR % / Jun 8	5.07

Stock	Volume
S&P 500 / Jun 8	4293.93
Nasdaq / Jun 8	13238.52
Dow Jones / Jun 8	33833.61
India Sensex / Jun 9	62625.63
Tokyo Nikkei / Jun 9	32198.70
Hang Seng / Jun 9	19359.13
FTSE 100 / Jun 9	7602.26
Germany DAX 30 / Jun 9	15981.08
France CAC40 / Jun 9	7223.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 8	20235
Gold 10 Grams PKR / Jun 8	194616
Crude Oil USD/Barrel / Jun 9	70.85
Gold Spot USD/Ounce / Jun 9	1963.16
Cotton US¢/pound / Jun 9	81.53

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