Trends - Brexit trade deal - Business Recorder

Brexit trade deal

EU launches new legal moves against UK over N Ireland

BRUSSELS: The European Commission on Friday launched four new legal proceedings against Britain over London’s...

Published 23 Jul, 2022 04:10am

World

Northern Ireland Protocol stokes EU-UK tensions

BELFAST: The Northern Ireland Protocol was signed separately from the Brexit trade deal between the UK and the...

Published 08 Dec, 2021 12:11pm

Business & Finance

UK strikes post-Brexit trade deal with three European countries

LONDON: Britain announced Friday a free-trade agreement with three European countries — major fishing neighbour...

Published 05 Jun, 2021 04:08am

World

UK, EU talks on N.Ireland are constructive, differences remain

"The discussions have been constructive but there are still significant differences that need to be resolved," the spokesman told reporters, adding that British negotiator David Frost had spoken to European Commission vice president Maros Sefcovic on Friday.

Published 12 Apr, 2021 06:13pm

Business & Finance

Bank of England seeks to contain banking glitches, cyber attacks

At a time when Brexit is focusing minds on the future of financial services, this is an area of regulatory policy that provides an opportunity for UK financial services to gain competitive advantage on the global stage.
"The speed at which vulnerabilities are remediated should be commensurate with the potential impact that a disruption would cause, and will be an area of supervisory focus," the BoE said.

Published 29 Mar, 2021 06:26pm

World

Irish goods imports from Britain fall 65pc in January following Brexit

The value of imports from Britain, which does not include the British region of Northern Ireland, fell to 497 million euros in January compared with 1,403 million euros in the same period a year ago, the Central Statistics Office said.
Imports from Northern Ireland increased to 177 million euros from 161 million in January last year, it said.

Published 18 Mar, 2021 06:50pm

World

UK seeks more influence in Indo-Pacific as 'moderating impact' on China

British foreign policy pivots towards Indo-Pacific.
US remains foremost UK ally, Russia named to top threat.
UK plans British aircraft carrier deployment to the region.

Updated 16 Mar, 2021 10:00pm

World

Britain told EU about post-Brexit trade move earlier this week: PM's spokesman

We notified the European Commission at official level earlier this week, we also informed the Irish government earlier this week, and then Lord Frost last night in his call with Sefcovic obviously discussed this at length and set out the rationale and reasons for it.
These types of operational measures are well precedented and common in other international trade agreements and are entirely consistent with our intention to fulfill our obligations under the protocol in good faith.

Published 04 Mar, 2021 07:09pm

World

UK says planning to allow more time for post-Brexit N.Ireland adjustment

After leaving the EU last year, Britain agreed a free trade deal with the bloc to leave its single market and customs union, which came into force at the beginning of this year.
Britain and the EU have been in talks to try to solve the issues, which some Northern Irish lawmakers say threaten to cut the British province off from the rest of the United Kingdom.

Published 03 Mar, 2021 06:20pm

World

Britain agrees to EU request for more time to ratify Brexit trade deal

In a letter to Maros Sefcovic, vice president of the European Commission, Gove wrote: "I can confirm that the United Kingdom is content to agree that the date on which provisional application shall cease to apply ... should be extended to 30 April 2021."

Published 23 Feb, 2021 08:41pm

World

Ireland calls for calm as EU rebuffs British Brexit demands

UK, EU officials to meet in London.
EU says no 'blanket derogations' on food.
Ireland says 'dial down the rhetoric'.
Barnier says Brexit not the protocol to blame.

Updated 11 Feb, 2021 09:24pm

Business & Finance

Lidl GB has seen export problems since Brexit trade deal

So far, so good, goods are coming in, the disruptions are not mega.
We are carefully watching the announcement of the British government from March 1 and July 1 (when) the border controls will be ramped-up.

Published 28 Jan, 2021 08:17pm

Markets

London market facing blockbuster IPO year

LONDON: London will enjoy a very strong year for stock market flotations, analysts say, arguing that both Brexit and...

Published 25 Jan, 2021 04:23am

World

Smooth start in France for Channel traffic as Brexit kicks in

CALAIS, (France): Cross-Channel freight traffic between Britain and France was moving smoothly on Friday in the ...

Published 02 Jan, 2021 03:04am

World

UK parliament approves Brexit trade deal as both sides look to future

Deal signed in Brussels, UK to sign later.
UK lawmakers vote 521 to 73 in favour of deal.
Both sides seek new relationship.

Published 30 Dec, 2020 08:41pm

World

EU chiefs sign post-Brexit trade deal agreed with Britain

The deal has been inked by EU chiefs Ursula von der Leyen and Charles Michel in a brief ceremony
The deal was reached more than four years after Britons voted by a slim margin in a referendum to leave the bloc

Published 30 Dec, 2020 02:05pm

Markets

Euro beats yen, sterling as Brexit, US stimulus boost risk appetite

Win Thin, global head of currency strategy at Brown Brothers Harriman, expects the dollar index to test its February 2018 low of 88.25.

Published 29 Dec, 2020 10:40am

Markets

Australia, NZ dollars gain as US package, Brexit deal encourage risk

Last week's Brexit agreement helped support the outlook for global growth, also lifting Asian stocks on Tuesday.

Published 29 Dec, 2020 09:15am

World

Brexit trade deal gets EU green light

Customs and regulatory controls on cross-Channel commerce will still come into effect on January 1 after Britain leaves the EU single market.

Published 28 Dec, 2020 08:11pm

Markets

Pound off 2-1/2-year peak after Brexit deal, U.S. stimulus in limbo

Against the euro, the pound fetched 89.80 pence per euro, after scaling a three-week high of 89.54 on Thursday.

Published 26 Dec, 2020 12:19am

World

Britain says post-Brexit trade deal is done

We have taken back control of our money, borders, laws, trade and our fishing waters.
The deal is the biggest bilateral trade deal signed by either side, covering trade worth £668bn in 2019.

Updated 24 Dec, 2020 08:06pm

World

EU and UK poised for Christmas Brexit trade deal

Britain has been in a transition period since its formal departure from the now 27-member EU in January, still trading under EU laws.

Published 24 Dec, 2020 07:14pm

Markets

Asian stocks and pound cheer Brexit, Alibaba slumps on monopoly probe

Investors largely shrugged off comments by US President Donald Trump that a nearly $900 billion stimulus bill, agreed upon after months of wrangling in Congress, was "a disgrace" that he might not sign.

Published 24 Dec, 2020 09:57am

Markets

Oil rises on US inventory draw, Brexit deal hopes

Americans were also warned again not to travel for Christmas as the latest surge in cases overwhelmed hospitals.

Published 24 Dec, 2020 08:46am

Markets

U.S. dollar dips as Brexit trade deal nears; sterling gains

Britain and the European Union appeared close to clinching a long-elusive trade agreement on Wednesday.

Published 24 Dec, 2020 03:04am

World

EU acts to prepare path to Brexit trade deal, EU sources say

UK leaves EU's orbit at the end of this year.
No deal yet in trade talks, Britain says.
EU prepares path for a trade deal.

Published 23 Dec, 2020 08:18pm

World

Brexit trade talks difficult as EU and UK still split on key issues

UK leaves EU's orbit at the end of this year.
Not deal yet in trade talks, Britain says.
Differences remain over fishing and competition.

Published 23 Dec, 2020 05:28pm

World

Britain, EU continue post-Brexit trade talks as deadline looms

With less than two weeks to go before Britain finally leaves the bloc's orbit on Dec. 31.
EU Brexit negotiator Michel Barnier had said on Friday that "just a few hours" remained to reach a post-Brexit trade deal.

Published 20 Dec, 2020 12:31am

World

Portugal believes Brexit trade deal still possible, says minister

"If not, we have to trade according to World Trade Organisation rules but we cannot renounce a close relationship between Britain and EU," he added.

Published 18 Dec, 2020 08:17pm

World

Brexit trade talks to continue for ‘coming days’, UK PM's office says

Parliament will begin its traditional Christmas break on Thursday having completed all the legislation required for the end of the current Brexit transition period.
Time is now in short supply to reach an agreement with the EU and we expect discussions will continue over the coming days.

Published 17 Dec, 2020 01:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 16	5297.10
Nasdaq / May 16	16698.32
FTSE 100 / May 16	8438.65
Dow Jones / May 16	39869.38
Germany DAX 30 / May 16	18738.81
France CAC40 / May 16	8188.49
India Sensex / May 17	73946.83
Tokyo Nikkei / May 17	38787.38

Item	Value
Gold 10 Grams PKR / May 16	210562
Petrol/Litre / May 17	273.10
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold Spot USD/Ounce / May 17	2386.18
Diesel/Litre / May 17	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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