Trends - Biden - Business Recorder

Biden

Biden says 'Israel has right to defend itself' as US throws its support behind Jewish state

'I had a conversation with Bibi Netanyahu not too long ago,' the US President Joe Biden told reporters
"He also conveyed the United States’ encouragement of a pathway toward restoring a sustainable calm. He shared his conviction that Jerusalem, a city of such importance to people of faith from around the world, must be a place of peace," the statement said.

Published 13 May, 2021 09:15pm

Business & Finance

US working to aid top fuel pipeline operator after cyberattack

The attack is one of the most disruptive digital ransom schemes reported and has prompted calls from American lawmakers to strengthen protections for critical U.S. energy infrastructure from hacking attacks.

Published 10 May, 2021 10:05am

Business & Finance

Disappointing jobs data pose new challenge for Biden agenda

WASHINGTON: The United States added 266,000 jobs in April — a quarter of the number expected — in a surprise...

Published 08 May, 2021 03:30am

Markets

Shares of China vaccine makers slump on US waiver support

"Chinese vaccine stocks had been spurred recently by news of worsening situations in other countries, such as India," said Wu Tianhao, an analyst at Western Securities.

Published 06 May, 2021 11:44am

World

WHO's Tedros hails 'historic' US support for vaccine patent waiver

Tedros clashed repeatedly with former US president Donald Trump, who began withdrawing his country from the WHO before President Joe Biden immediately rescinded the move upon taking office in January.

Published 06 May, 2021 10:38am

World

Biden marks 10 years since bin Laden killing

WASHINGTON: President Joe Biden used the 10th anniversary of the raid that killed Osama bin Laden — “a moment I...

Published 03 May, 2021 04:39am

Business & Finance

ExxonMobil investor says its climate strategy an 'existential' risk: report

World leaders came together virtually this week at the request of US President Joe Biden for a 40-leader climate summit.

Published 26 Apr, 2021 10:26am

Markets

Talk of more Biden tax hike proposals rattles Wall Street

All three major US indices dropped 0.9 percent.

Published 23 Apr, 2021 10:29am

World

China's President Xi calls for more equitable global governance

Chinese President Xi Jinping said on Tuesday that the global governance system should be made more equitable and fair, and that rules set by one country or some nations cannot be imposed on others.
Building barriers and pushing for decoupling will harm others and benefit no one, Xi said in his keynote speech at the annual Boao Forum for Asia, China's answer to the Davos conference.

Updated 20 Apr, 2021 01:19pm

World

Brazil's Bolsonaro promises Biden to end deforestation, seeks financial help

A senior White House official said the administration "welcomed" Bolsonaro's commitment on deforestation and that Brazil "has a responsibility to lead" on climate issues.

Published 16 Apr, 2021 10:08am

Biden sets out $2trn infrastructure plan

PITTSBURGH: President Joe Biden on Wednesday unveiled a $2 trillion infrastructure plan aimed at modernizing...

Published 02 Apr, 2021 04:58am

World

White House unveils $2 trillion infrastructure and climate plan

President Joe Biden on Wednesday will call for a dramatic and more permanent shift in the direction of the U.S. economy with a roughly $2 trillion package to invest in traditional projects like roads and bridges alongside tackling climate change and boosting human services like elder care.
He also aims to put corporate America on the hook for the tab, which is expected to grow to a combined $4 trillion once he rolls out the second part of his economic plan in April.

Updated 31 Mar, 2021 03:05pm

World

Without Trump, political disinformation dips -- for now

"It has removed a daily blizzard of misinformation from the ecosystem," Muirhead told AFP. "Not being bombarded is helping people's misinformation immune systems to reset themselves and recover."

Updated 28 Mar, 2021 05:32pm

Opinion

US bail-bond insurers spend big to keep defendants paying

Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in...

Published 27 Mar, 2021 05:41am

Taliban threaten to re-target foreign troops if withdrawal deadline missed

KABUL: The Taliban on Friday threatened to resume hostilities against foreign troops

Published 27 Mar, 2021 05:41am

World

Biden aims to "absolutely" run for a second term, despite age: Reports

President Joe Biden looks likely to run for a second term, despite his age and his image of a "transitional president" to bring the Democratic Party back in power.
Despite being the oldest President in American history at the age of 78, Biden would be 82 when running for his second term.

Updated 25 Mar, 2021 03:56pm

World

US oil activity jumps as executives remain wary of OPEC, Biden: survey

"While the price increases have been welcome news, OPEC+ is a sword of Damocles: if US operators raise capital expenditures, OPEC+ will open its taps and flood the market," one executive said. "There is a tense detente currently."
"I believe that it is their goal to effectively shut down our industry, and they will pursue that end with great energy," one executive said.

Published 24 Mar, 2021 09:22pm

World

Biden pushes back amid mounting crisis over border

Mayorkas repeatedly placed blame on Biden's predecessor, Donald Trump, who imposed an array of anti-immigration policies.

Published 22 Mar, 2021 10:10am

World

‘Killer’ Putin will pay price for election meddling: Biden

WASHINGTON: President Joe Biden said Russia will “pay a price” for meddling in US elections and he agrees with...

Published 18 Mar, 2021 03:56am

Markets

Australian shares rise as US jobs data, stimulus spur global recovery bets

In New Zealand, the benchmark S&P/NZX 50 index was up 0.5% 12,327.4.

Published 12 Mar, 2021 11:04am

Markets

China stocks jump on upbeat lending data, Hong Kong tracks Wall Street rally

Sino-US relations re-emerged as another key market focus as US Secretary of State Antony Blinken will meet with top Chinese officials on March 18 in Alaska, the White House said on Wednesday, the first high-level in-person contact between the two sparring countries under the Biden administration.

Published 11 Mar, 2021 12:03pm

World

Biden grants temporary protected status to Venezuelans in US

The decision, which could aid an estimated 320,000 people, fulfills a promise that President Joe Biden.

Published 09 Mar, 2021 10:24am

World

South Korea to boost funding for US troops under new accord: State Department

After the last pact expired, some 4,000 South Koreans working for the US military were placed on unpaid leave, prompting the two countries to scramble for a stopgap agreement to let them return to work.

Published 08 Mar, 2021 10:25am

World

Biden signs order aimed at making voting easier

WASHINGTON: US President Joe Biden on Sunday signed an executive order aimed at making it easier for Americans to...

Updated 08 Mar, 2021 09:25am

World

South Korea, US to stage smaller military drills over Covid

But a second meeting held in Hanoi in February 2019 broke up early with no progress towards Washington's goal of getting the isolated North to abandon its nuclear weapons programme.

Updated 07 Mar, 2021 05:26pm

Business & Finance

US, EU agree to suspend Airbus-Boeing tariffs

BRUSSELS: Washington and Brussels have agreed to suspend tit-for-tat tariffs imposed during their dispute over...

Published 06 Mar, 2021 05:01am

World

Immigration, Covid headline talks between Biden, Lopez Obrador

Asked ahead of the meeting if Washington would send vaccines to Mexico, Biden answered: "We're going to talk about that."

Published 02 Mar, 2021 11:13am

World

US strikes 'Iranian-backed militant' site in Syria: Pentagon

He was killed in a US drone strike just as he arrived in Baghdad for meetings with top Iraqi officials.

Published 26 Feb, 2021 10:10am

Opinion

Fed’s Powell set table for Biden economy, but will he stay for dessert?

Over the past year Federal Reserve Chair Jerome Powell has engineered the largest economic rescue in US history,...

Published 23 Feb, 2021 05:20am

Biden to mark 500,000 US Covid deaths

WASHINGTON: US President Joe Biden will lead a remembrance ceremony Monday to mark the dark milestone of 500,000...

Updated 23 Feb, 2021 09:31am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Feb 3 Trust Modaraba(TRSM)	2 ▲ 0.50 (33.33%)
Pak Gulf Leasing / Feb 3 Pak-Gulf Leasing Company Limited(PGLC)	6.55 ▲ 1.00 (18.02%)
Samba Bank / Feb 3 Samba Bank Limited(SBL)	7.07 ▲ 0.92 (14.96%)
TPL Trakker Ltd / Feb 3 TPL Trakker Limited(TPLT)	9.90 ▲ 0.90 (10.00%)
Trust Sec.& Brok. / Feb 3 Trust Securities & Brokerage Limited(TSBL)	14 ▲ 1.00 (7.69%)
Tri-Star Power / Feb 3 Tri-Star Power Limited(TSPL)	12.40 ▲ 0.87 (7.55%)
Khyber Tobacco / Feb 3 Khyber Tobacco Company Limited(KHTC)	342.67 ▲ 23.90 (7.50%)
Shahtaj Sugar / Feb 3 Shahtaj Sugar Mills Limited(SHJS)	49.22 ▲ 3.43 (7.49%)
Quetta Textile / Feb 3 Quetta Textile Mills Limited(QUET)	15.52 ▲ 1.08 (7.48%)
Frontier Ceram / Feb 3 Frontier Ceramics Limited(FRCL)	15.99 ▲ 1.10 (7.39%)

Stock	Price
Premier Insurance / Feb 3 Premier Insurance Limited(PINL)	6.66 ▲ -0.86 (-11.44%)
IGI Life Ins / Feb 3 IGI Life Insurance Limited(IGIL)	8.86 ▲ -1.00 (-10.14%)
Pak Gen.Ins. / Feb 3 The Pakistan General Insurance Co. Ltd.(PKGI)	4.80 ▲ -0.48 (-9.09%)
KASB Modaraba / Feb 3 KASB Modaraba(KASBM)	1.25 ▲ -0.12 (-8.76%)
Ruby Tex. / Feb 3 Ruby Textile Mills Limited(RUBY)	3 ▲ -0.27 (-8.26%)
Pakistan Services / Feb 3 Pakistan Services Limited(PSEL)	1792.65 ▲ -145.35 (-7.50%)
Sardar Chemical / Feb 3 Sardar Chemical Industries Limited(SARC)	36.91 ▲ -2.99 (-7.49%)
Siemens Pak. / Feb 3 Siemens (Pakistan) Engineering(SIEM)	544.05 ▲ -43.53 (-7.41%)
Data Textile / Feb 3 Data Textiles Limited(DATM)	7.50 ▲ -0.58 (-7.18%)
AL-Abbas Sugar / Feb 3 Al-Abbas Sugar Mills Limited(AABS)	352 ▲ -26.90 (-7.10%)

Stock	Volume
WorldCall Telecom / Feb 3 Worldcall Telecom Limited(WTL)	20,606,814 ▲ -0.03
Pak Petroleum / Feb 3 Pakistan Petroleum Limited(PPL)	12,289,269 ▲ -1.25
Dewan Motors / Feb 3 Dewan Farooque Motors Limited(DFML)	6,197,500 ▼ 0.03
Ghani Glo Hol / Feb 3 Ghani Global Holdings Limited(GGL)	5,488,518 ▲ -0.19
Hub Power Co. / Feb 3 The Hub Power Company Limited(HUBC)	5,344,058 ▼ 0.76
Oil & Gas Dev. / Feb 3 Oil & Gas Development Company Limited(OGDC)	5,157,941 ▲ -1.22
The Searle Co. / Feb 3 The Searle Company Limited(SEARL)	4,848,886 ▲ -1.17
Engro Corp / Feb 3 Engro Corporation Limited(ENGRO)	3,925,013 ▲ -5.27
TRG Pak Ltd / Feb 3 TRG Pakistan Limited(TRG)	3,694,488 ▲ -0.14
Gul Ahmed / Feb 3 Gul Ahmed Textile Mills Limited(GATM)	2,971,648 ▼ 1.04

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 3	277.17
USD PKR Interbank Buying / Feb 3	278.67
USD to Japanese Yen / Feb 3	128.54
USD to Swiss Franc / Feb 3	0.91
Pound Sterling to USD / Feb 3	1.22
Euro to USD / Feb 3	1.09
UK LIBOR % / Feb 2	4.30

Stock	Volume
S&P 500 / Feb 2	4179.76
Nasdaq / Feb 2	12200.82
Dow Jones / Feb 2	34053.94
India Sensex / Feb 3	60208.89
Tokyo Nikkei / Feb 3	27509.46
Hang Seng / Feb 3	21558.22
FTSE 100 / Feb 3	7834.62
Germany DAX 30 / Feb 3	15410.23
France CAC40 / Feb 3	7138.37

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 2	22235
Gold 10 Grams PKR / Feb 2	177641
Crude Oil USD/Barrel / Feb 3	75.68
Gold Spot USD/Ounce / Feb 3	1915.21
Cotton US¢/pound / Feb 3	85.91

Biden

Most Popular Articles