Trends - coronavirus pandemic - Business Recorder

coronavirus pandemic

Volkswagen ups margin target again on record earnings

The company previously expected deliveries to rise significantly

Published 29 Jul, 2021 11:15am

Unutilised Stimulus Package amount: Rs352bn to be used on vaccine procurement

ECC meeting told that funds were allocated under the Economic Stimulus Package for the entire duration of the Covid-19 pandemic, irrespective of the financial year

Updated 29 Jul, 2021 09:12am

World

North, South Korea in talks over summit, reopening liaison office

SEOUL: North and South Korea are in talks to reopen a joint liaison office that Pyongyang demolished last year and...

Published 29 Jul, 2021 04:48am

Business & Finance

Barclays bank first-half profit surges to £3.8bn

LONDON: British bank Barclays said Wednesday that interim net profits surged more than five-fold on lower-than-expected credit losses linked to the Covid pandemic.

Published 29 Jul, 2021 04:48am

US economic recovery on track despite Covid-19 surge: Fed

WASHINGTON: The US economic recovery remains on track despite a rise in coronavirus infections, the Federal Reserve...

Published 29 Jul, 2021 04:35am

Markets

Deutsche Bank's profit tops estimates despite dip in trading revenue

Revenue at the unit declined 11% in the second quarter from a year earlier

Published 28 Jul, 2021 11:40am

Opinion

‘No safety nets’: Debts weigh on grieving Indian families

It’s been over a month since his mother died, but Vishal Meghwal can still hear her struggling to breathe as he...

Published 28 Jul, 2021 04:45am

Pakistan

'Unnecessary movement' in Karachi restricted after 6pm as Sindh tightens Covid SOPs

CM instructs police to stop the public from driving around for reasons other than emergencies and crucial work
NCOC assures province of cooperation, endorses steps being taken to curb spread of coronavirus

Updated 27 Jul, 2021 09:55pm

Markets

Economy of coup-wracked Myanmar to contract 18%: World Bank

A mass civil disobedience movement has also paralysed the economy

Published 26 Jul, 2021 01:03pm

Business & Finance

FIEDMC commits to promote investment culture in country

ISLAMABAD: As the world is grappling with the economic fallout of the coronavirus pandemic, Pakistan is turning the...

Published 26 Jul, 2021 05:21am

World

Turkey's COVID-19 cases climb to 12,381, highest since mid-May

Infections remain well down from a wave in April-May when new COVID-19 cases peaked above 60,000.

Published 24 Jul, 2021 10:54pm

Sports

Athletes parade in empty stadium: Tokyo Games open in shadow of pandemic

TOKYO: Japan's global superstar Naomi Osaka on Friday lit the Olympic cauldron to mark the start of Tokyo 2020, in ...

Published 24 Jul, 2021 05:49am

India raids media cos critical of govt

NEW DELHI: Indian tax authorities on Thursday raided a prominent newspaper and a TV channel that have been critical...

Published 24 Jul, 2021 02:12am

Pakistan

PM advocates spirit of sacrifice to achieve development

ISLAMABAD: Prime Minister Imran Khan has said that without spirit of sacrifice, a nation could not aspire to achieve...

Published 21 Jul, 2021 01:51am

Eid-ul-Azha today

LAHORE: Eid-ul-Azha, to commemorate the supreme sacrifice of Prophet Hazrat Ibrahim (AS), who agreed to sacrifice ...

Published 21 Jul, 2021 01:50am

Pakistan

Ashrafi urges people to observe SOPs during Eid holidays

LAHORE: Chairman Pakistan Ulema Council and Special Assistant to Prime Minister on Religious Harmony Hafiz Mohammad...

Published 20 Jul, 2021 04:14am

Issue of right shares: Corporate revival plan aimed at raising $15m funds

ISLAMABAD: A corporate revival business plan of a company is aiming to raise $15 million funds through the issue of...

Updated 20 Jul, 2021 12:07pm

UAE, Saudi reach compromise: OPEC+ agrees oil supply boost

MOSCOW/DUBAI/LONDON: OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have...

Published 19 Jul, 2021 06:32am

Pilgrims arrive in Makkah for second pandemic Hajj

MAKKAH, (Saudi Arabia): Pilgrims began arriving in the holy city of Makkah on Saturday for the second downsized Hajj...

Published 18 Jul, 2021 04:17am

Opinion

Covid shatters Hajj dreams of older pilgrims

Samia Ahmed saved up for 16 years, but like many older Muslims she fears that renewed Covid-19 curbs will prevent ...

Published 17 Jul, 2021 04:21am

World

UK passes Covid jabs milestone

LONDON: Two-thirds of UK adults have now been fully vaccinated against the coronavirus, the government said...

Published 15 Jul, 2021 04:03am

Markets

Oil slides over 2pc after top oil producers near compromise

NEW YORK: Oil prices dropped more than 2% Wednesday after major global oil producers came to a compromise about...

Published 15 Jul, 2021 04:03am

Markets

US crude stockpiles fall for eighth week in a row

NEW YORK: US crude oil stockpiles fell for the eighth straight week last week, as renewed vigour in the US economy...

Published 15 Jul, 2021 04:03am

Business & Finance

Trio of US banks post strong profits

NEW YORK: A trio of US banks reported strong profits Wednesday, boosted by the improved credit quality outlook...

Published 15 Jul, 2021 04:03am

Oil demand surges: IEA

PARIS: Oil demand surged last month as rising vaccination rates helped underpin robust economic activity, but with...

Updated 14 Jul, 2021 08:04am

Opinion

Socio-economic cost: Falling fertility rates in rich world

As we, in the developing countries like Pakistan, worry about perennial population explosion, the situation in the...

Published 14 Jul, 2021 03:59am

All stranded expatriates to be brought back by 20th: minister

ISLAMABAD: Minister for Aviation Ghulam Sarwar Khan, on Friday, informed the National Assembly that all stranded...

Published 10 Jul, 2021 03:23am

World

People living in famine-like conditions rose sixfold in 2020: Oxfam

The coronavirus pandemic has exacerbated existing crises sparked by conflict and climate change -- the "three lethal Cs" -- according to the group

Published 09 Jul, 2021 09:42am

World

Troubled South Sudan to mark 10th anniversary without fanfare

JUBA: South Sudan will mark 10 years of independence on Friday with little fanfare as the troubled country battles...

Published 09 Jul, 2021 04:25am

Pakistan

PM satisfied over boom in construction sector

ISLAMABAD: Prime Minister Imran Khan on Thursday expressed his satisfaction over the upward trajectory witnessed in...

Published 09 Jul, 2021 04:25am

Gainers
Losers
Leaders

Stock	Price
Sally Tex. / Jul 30 Sally Textile Mills Limited(SLYT)	5.39 ▲ 0.79 (17.17%)
Security Bank / Jul 30 Security Investment Bank Limited(SIBL)	7.35 ▲ 0.91 (14.13%)
Ist Paramount / Jul 30 First Paramount Modaraba(FPRM)	8.80 ▲ 1.00 (12.82%)
Tri-Star / Jul 30 Tri-Star Mutual Fund Limited(TSMF)	7.49 ▲ 0.81 (12.13%)
Dewan Farooque Motors / Jul 30 Dewan Farooque Motors Limited(DFML)	11.68 ▲ 1.00 (9.36%)
Ghazi Fab. / Jul 30 Ghazi Fabrics International Limited(GFIL)	13.60 ▲ 1.00 (7.94%)
Thal LTD / Jul 30 Thal Limited(THALL)	434.16 ▲ 30.28 (7.50%)
Thal Ind. / Jul 30 The Thal Industries Corporation Limited(TICL)	320.68 ▲ 22.37 (7.50%)
Arpak Int. / Jul 30 Arpak International Investments Ltd.(ARPAK)	87.09 ▲ 6.07 (7.49%)
First Tri-Star Mod. / Jul 30 First Tri-Star Modaraba(FTSM)	14.78 ▲ 1.03 (7.49%)

Stock	Price
Image Pakistan / Jul 30 Image Pakistan Limited(IMAGE)	27.91 ▲ -6.29 (-18.39%)
Trust Mod. / Jul 30 Trust Modaraba(TRSM)	2.72 ▲ -0.33 (-10.82%)
First Fid. Leas. / Jul 30 First Fidelity Leasing Modaraba(FFLM)	3.02 ▲ -0.28 (-8.48%)
Blessed Tex. / Jul 30 Blessed Textiles Limited(BTL)	475.45 ▲ -38.55 (-7.50%)
Gatron Ind. / Jul 30 Gatron (Industries) Limited(GATI)	520.78 ▲ -42.22 (-7.50%)
Pak Engg. / Jul 30 Pakistan Engineering Co Limited(PECO)	392.73 ▲ -31.84 (-7.50%)
Prosperity / Jul 30 Prosperity Weaving Mills Limited(PRWM)	46.38 ▲ -3.76 (-7.50%)
Khairpur / Jul 30 Khairpur Sugar Mills Limited(KPUS)	65.59 ▲ -5.31 (-7.49%)
Mehran Sugar / Jul 30 Mehran Sugar Mills Limited(MRNS)	53.58 ▲ -4.34 (-7.49%)
Dawood Equities / Jul 30 Dawood Equities Limited(DEL)	19.68 ▲ -1.59 (-7.48%)

Stock	Volume
Worldcall / Jul 30 Worldcall Telecom Limited(WTL)	49,369,000 ▼ 0.00
Byco Petroleum / Jul 30 Byco Petroleum Pakistan Limited(BYCO)	46,970,500 ▼ 0.00
Unity Foods / Jul 30 Unity Foods Limited(UNITY)	16,065,452 ▼ 0.00
Fauji Fert. Bin / Jul 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	10,222,000 ▼ 0.00
Hum Network / Jul 30 Hum Network Limited(HUMNL)	10,015,500 ▼ 0.00
Aisha Steel / Jul 30 Aisha Steel Mills Limited(ASL)	9,649,500 ▼ 0.00
Silkbank / Jul 30 Silkbank Limited(SILK)	9,425,000 ▼ 0.00
Hascol Petroleum / Jul 30 Hascol Petroleum Limited(HASCOL)	9,171,860 ▼ 0.00
TPL Corp / Jul 30 TPL Corp Limited(TPL)	8,869,500 ▼ 0.00
P.T.C.L.A / Jul 30 Pakistan Telecommunication Company Ltd(PTC)	8,636,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	162.00
USD PKR Interbank Buying / Jul 29	161.90
USD to Japanese Yen / Jul 29	109.85
USD to Swiss Franc / Jul 29	0.91
Pound Sterling to USD / Jul 29	1.39
Euro to USD / Jul 29	1.18
UK LIBOR % / Jul 29	0.08

Stock	Volume
S&P 500 / Jul 29	4400.64
India Sensex / Jul 29	52443.71
Tokyo Nikkei / Jul 29	27725.72
Nasdaq / Jul 29	14762.59
Hang Seng / Jul 29	25473.88
FTSE 100 / Jul 29	7016.63
Dow Jones / Jul 29	34930.93
Germany DAX 30 / Jul 29	15570.36
France CAC40 / Jul 29	6609.31

Item	Value
Crude Oil / Jul 29	72.32
Karachi Cotton Assoc. / Jul 29	13080.00
Gold 10 Grams / Jul 29	94050.00
Gold Spot / Jul 29	1810.11
Cotton / Jul 29	90.52

coronavirus pandemic

Volkswagen ups margin target again on record earnings

Unutilised Stimulus Package amount: Rs352bn to be used on vaccine procurement

North, South Korea in talks over summit, reopening liaison office

Barclays bank first-half profit surges to £3.8bn

US economic recovery on track despite Covid-19 surge: Fed

Deutsche Bank's profit tops estimates despite dip in trading revenue

‘No safety nets’: Debts weigh on grieving Indian families

'Unnecessary movement' in Karachi restricted after 6pm as Sindh tightens Covid SOPs

Economy of coup-wracked Myanmar to contract 18%: World Bank

FIEDMC commits to promote investment culture in country

Turkey's COVID-19 cases climb to 12,381, highest since mid-May

Athletes parade in empty stadium: Tokyo Games open in shadow of pandemic

India raids media cos critical of govt

PM advocates spirit of sacrifice to achieve development

Eid-ul-Azha today

Ashrafi urges people to observe SOPs during Eid holidays

Issue of right shares: Corporate revival plan aimed at raising $15m funds

UAE, Saudi reach compromise: OPEC+ agrees oil supply boost

Pilgrims arrive in Makkah for second pandemic Hajj

Covid shatters Hajj dreams of older pilgrims

UK passes Covid jabs milestone

Oil slides over 2pc after top oil producers near compromise

US crude stockpiles fall for eighth week in a row

Trio of US banks post strong profits

Oil demand surges: IEA

Socio-economic cost: Falling fertility rates in rich world

All stranded expatriates to be brought back by 20th: minister

People living in famine-like conditions rose sixfold in 2020: Oxfam

Troubled South Sudan to mark 10th anniversary without fanfare

PM satisfied over boom in construction sector

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