Trends - Brexit - Business Recorder

Brexit

NIreland halts post-Brexit checks over staff safety

"There is no place in society for intimidation and threats against anyone going to their place of work," a statement said on Tuesday.

Published 02 Feb, 2021 04:53pm

Business & Finance

Factories have mixed performance as pandemic impact lingers

LONDON/TOKYO: Global manufacturing activity remained resilient in January although some countries suffered amid a...

Updated 02 Feb, 2021 09:43am

Markets

Vaccine rollout lifts sterling to strongest against euro since May

Riskier currencies gained against the dollar, which edged lower as global market sentiment was lifted by an equity rally in the Asian and early European sessions.
The economy that does the best will be the one that's able to get its population vaccinated earliest, and at the moment that looks like the UK.

Published 01 Feb, 2021 06:30pm

Markets

Sterling strengthens on vaccine optimism, approaches 3-year high

"It could open the door to further GBP gains, lifting cable closer to 1.4000 and EUR/GBP towards the mid-0.8000's."

Published 01 Feb, 2021 02:55pm

World

Irish freight volumes to EU ports doubled in first month of Brexit

Most of the new direct routes to the continent were launched to and from the southeastern Irish port of Rosslare and in a separate statement, it said its European freight traffic rose 446% year-on-year in January.

Published 01 Feb, 2021 10:53am

World

Irish port becomes new gateway to EU

ROSSLARE, (Ireland): The Irish port of Rosslare has seen a staggering increase in traffic since the Brexit ...

Published 01 Feb, 2021 03:40am

World

After Brexit, Irish port becomes new gateway to EU

Meat trucks and tankers roll onto the dock. Drivers work together -- shouting in French -- to delicately reverse a flatbed packed with farm machinery.

Published 28 Jan, 2021 09:46pm

World

Yellen notes ‘importance’ of US-UK relationship

WASHINGTON: Newly-installed US Treasury Secretary Janet Yellen on Wednesday spoke with her British counterpart Rishi...

Published 28 Jan, 2021 04:40am

World

Daily virus deaths hit new record

PARIS: Daily global deaths from Covid-19 topped 18,000 for the first time in the latest reminder of its deadly ...

Published 28 Jan, 2021 04:40am

World

Brexit: French companies adapt to added costs, delays

The company employs 200 people and has worked on building up its market presence in Britain in recent years.

Published 27 Jan, 2021 06:36pm

World

40% of Londoners would consider moving to Europe in the wake of Brexit, COVID-19: Survey

More than one in three Londoners would consider leaving the UK capital, with all citing Brexit uncertainty and the pandemic as deciding factors for them.

Published 26 Jan, 2021 12:19pm

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

Business & Finance

Nissan commits to UK after Brexit trade deal

LONDON: Japanese carmaker Nissan on Friday committed to its future in Britain, home to the group’s largest ...

Published 24 Jan, 2021 03:32am

Business & Finance

Sterling rises above $1.37

LONDON: A combination of heightened risk appetite in global markets and UK-specific optimism lifted the pound on...

Published 21 Jan, 2021 04:23am

World

UK to engage with aerospace sector over tariff issues after Brexit

"There should not be any tariffs on internal UK trade," Northern Ireland Minister Brandon Lewis told parliament. "I will be very happy to engage with the sector directly."

Published 20 Jan, 2021 06:15pm

World

British PM Johnson says he's looking forward to working with Biden

As I said when I spoke with him on his election as President, I look forward to working with him.

Published 20 Jan, 2021 06:07pm

World

Barnier becomes EU special adviser on UK ties

BRUSSELS: Michel Barnier, the EU’s chief Brexit negotiator, is to become a special adviser to European Commission...

Published 20 Jan, 2021 04:29am

Business & Finance

Brexit pushes billions into France: bank chief

PARIS: The Bank of France’s governor said Tuesday that Britain’s withdrawal from the European Union has driven...

Published 20 Jan, 2021 04:29am

Business & Finance

French central bank sees firms speeding up Brexit relocation this year

Many UK-based financial firms have already opened subsidiaries in the European Union to keep unfettered market access known as "passporting" since Britain left the bloc.
Other relocalisations are expected and should accelerate over the course of the year.

Published 19 Jan, 2021 08:06pm

World

Brexit pushes billions into France: bank chief

The coronavirus pandemic made it even more important to boost business activity, given its severe economic effects.

Published 19 Jan, 2021 07:59pm

World

Ireland set for 1 bn euros from EU Brexit fund

The funds are being allotted according to how integrated each member was with the UK economy.

Published 13 Jan, 2021 05:36pm

Business & Finance

Ireland set to receive 1bn euros from EU Brexit fund

The first 4.2 billion of the 5.4 billion euro fund is due to be distributed this year and Ireland will receive 25%, subject to approval by EU heads of state and the European Parliament, Coveney said in a Twitter post.

Published 13 Jan, 2021 12:25pm

World

Post-Brexit N.Ireland supply chain 'days from collapse'

An open border was a key plank of the 1998 peace deal which ended 30 years of violence over British rule in Northern Ireland.

Published 11 Jan, 2021 09:25pm

World

Brexit, Covid threaten 250,000 small UK firms: study

The FSB meanwhile said that Britain's financial support measures in response to Covid-19 did not "keep pace" with tightening lockdown restrictions.

Published 11 Jan, 2021 07:15pm

Markets

Most Asia markets, dollar rise as Biden's pledges huge stimulus

He also pointed to ongoing China-US tensions after the White House said it would end self-imposed restrictions on official contacts with Taiwan, a move likely to irk Beijing.

Published 11 Jan, 2021 10:23am

World

Brexit deal's 'rules of origin' spark trade confusion

Prime Minister Boris Johnson's Conservative government has yet to comment on the precise impact of the rules of origin on the business community.

Published 10 Jan, 2021 11:56am

World

Pro-Brexit lobby group migrates its website to Europe

Britain officially left the EU last year. However, relations were frozen until the start of 2021, when a new deal began to govern relations between London and Brussels.

Published 07 Jan, 2021 08:43pm

World

Scottish patrol enacts 'Brexit blockade' on Irish fishing boat: media

EU boats will gradually relinquish 25 percent of their current quotas over the next five-and-a-half years, then access will be decided in annual negotiations.

Published 06 Jan, 2021 05:10pm

Markets

Asian markets drift as Georgia runoffs take spotlight

Oil prices extended gains after soaring nearly five percent Tuesday on news that Saudi Arabia had offered to cut output by a million barrels in both February and March.

Published 06 Jan, 2021 10:26am

World

'Don't leave me this way' sing Britons in Spain as Brexit kicks in

She said she was saddened that it is now much harder for her children to move to Spain, like she did, or any other EU nation.

Published 06 Jan, 2021 10:15am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 2 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 2 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 2 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 2 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 2 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 2 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 2 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 2 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 2 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 2 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 2 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 2 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 2 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 2 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

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