Trends - coronavirus pandemic - Business Recorder

coronavirus pandemic

Lufthansa flies into another quarterly loss

FRANKFURT: Lufthansa on Thursday lowered its expectations for a travel rebound in 2021 despite optimism about...

Updated 30 Apr, 2021 10:30am

Business & Finance

'Continuation of business process during pandemic a challenge'

KARACHI: Korangi Association of Trade and Industry (KATI) Patron-in-Chief S.M Muneer and President Saleem-uz-Zaman...

Updated 30 Apr, 2021 10:30am

Business & Finance

Airbus returns to black but sees turbulence ahead

PARIS: Airbus flew back into profit in the first three months of the current year as cost-cutting and restructuring...

Updated 30 Apr, 2021 10:30am

Pakistan

PTI govt working sincerely for welfare of people: Dr Firdous

The Special Assistant said the corona situation was getting worse with each passing day, adding that every decision would be made to protect the lives of the people.

Published 29 Apr, 2021 11:16pm

Business & Finance

Brazil airline Gol raises cash as second COVID wave erodes travel demand

Gol's net loss ballooned to 2.5 billion reais ($467 million) from a loss of 900 million reais in the final quarter of 2020, and it said it expected only a modest uptick in demand in the second quarter.
The epidemic in Brazil, which for much of the quarter was the worst in the world measured by daily death tolls, has hampered a recovery that at the end of last year had left airlines with an upbeat tone.

Published 29 Apr, 2021 05:53pm

Pakistan

All stakeholders must engage for comprehensive political solution to Afghan peace process: Qureshi

FM says all efforts must be made for reduction of violence leading to a ceasefire in Afghanistan
There is a need for enhancing mutual cooperation and collaboration to combat the coronavirus pandemic in a holistic manner: Shah Mahmood

Published 29 Apr, 2021 11:49am

Business & Finance

Airbus flies back into black in first quarter

However, "the first quarter shows that the crisis is not yet over for our industry, and that the market remains uncertain."

Published 29 Apr, 2021 11:04am

World

Empty seats, historic turns: Biden delivers unique speech to Congress

Biden used a strikingly personal tone, at times whispering as he did, when he urged corporate America and the nation's wealthiest to "pay their fair share" of taxes.

Published 29 Apr, 2021 10:22am

Pakistan

COVID crisis: Pakistan imposes complete travel ban on India, says information minister

Fawad says the ban has been in place since the third week of April and is being fully implemented
If the coronavirus situation did not improve, more drastic measures would be taken inside Pakistan and preparations are being made in this regard: Minister

Published 28 Apr, 2021 01:09pm

World

US to ease COVID-19 travel restrictions for Chinese students

The US State Department is set to announce later on Tuesday it is expanding its national interest exemptions to cover students and academics around the world starting on Aug. 1 after it made the change in March for European students, officials said.
In the 2019-20 academic year 372,000 Chinese nationals attended universities and colleges in the United States, the IEE said in a November 2020 report.

Published 27 Apr, 2021 08:34pm

World

Germany eyes stronger 2021 growth as vaccines offer hope

The mass inoculations could help accelerate a return to some normalcy after more than a year of open and close swings to halt Covid-19.

Published 27 Apr, 2021 10:32am

Business & Finance

PSM oxygen plant may not be made operational, says Faraz

ISLAMABAD: Pakistan Steel Mills (PSM) oxygen plant may not be made operational in an emergency due to some problems,...

Updated 27 Apr, 2021 10:05am

Pakistan

NCOC discuss restricting mass mobility on Eid-ul-Fitr to contain Covid-19

The NCOC session was held here chaired by Federal Minister for Planning, Development and Special Initiatives Asad Umar co-chaired by the National Coordinator NCOC.

Updated 27 Apr, 2021 12:10am

Pakistan

Opposition politicising corona situation to gain mileage: CM

The CM regretted the PDM had busted a gut to spread coronavirus by holding public meetings during the pandemic.

Published 26 Apr, 2021 09:43pm

Pakistan

We need to strengthen public health and social protection systems, PM tells UN's ESCAP session

Imran says there is an opportunity to model our economies on more resilient and sustainable grounds as many nations are recovering from the COVID crisis
There should be equitable access to affordable coronavirus vaccine which could be made possible through enhanced regional and international cooperation: PM

Updated 26 Apr, 2021 03:51pm

World

Biden polls positive for first 100 days in office

WASHINGTON: A majority of Americans approve of President Joe Biden’s performance during his first 100 days in...

Updated 26 Apr, 2021 10:15am

World

One billion COVID-19 vaccine doses administered globally

One in four people in rich countries has been vaccinated, compared with one in every 500 in low-income nations
Most numbers of vaccine doses have been administered in the United States with 225.6 million doses; China with 216.1 million doses; and India with 138.4 million

Updated 25 Apr, 2021 12:18pm

Pakistan

Three divisions of South Punjab: Quota of 32pc govt jobs reserved: minister

LAHORE: Punjab Finance Minister Makhdoom Hashim Jawan Bakht has said that 32 percent quota in government jobs will ...

Published 24 Apr, 2021 03:21am

Sports

Torch relay on public roads cancelled in Okinawa's Miyakojima

"Tokyo 2020 will continue to work closely with Okinawa prefecture and the local task forces in all other prefectures due to host Olympic Torch Relay segments in order to ensure that these events will be safe and secure for all local communities" the organising committee said in a statement.

Published 23 Apr, 2021 06:05pm

Pakistan

Pakistan's Edhi Foundation offers its services in helping tackle the COVID-19 crisis in India

Faisal Edhi has written a letter to Indian Prime Minister Narendra Modi and offered to provide humanitarian assistance
India reported the world's highest daily tally of coronavirus cases, surpassing 330,000 new cases

Published 23 Apr, 2021 12:45pm

Pakistan

Govt determined to control coronavirus: Dr Yasmin

Dr Yasmin said the PKLI would be made a teaching institution, adding that a nursing college would also be set up in the hospital.

Published 21 Apr, 2021 10:07pm

Pakistan

Exam schedule for grades I to VIII in 13 Punjab districts notified

The exams for grades I to VIII will begin from June 7 and continue until June 25
Schools will start issuing report cards from June 30

Published 21 Apr, 2021 11:34am

Pakistan

Covid-19 SOPs: NA speaker decides to issue limited press cards

ISLAMABAD: Speaker National Assembly Asad Qaiser, on Monday, chaired the meeting of the House Advisory Committee...

Published 20 Apr, 2021 04:00am

Business & Finance

‘Britcoin?’: UK looks into digital currency

LONDON: Britain is looking into the possibility of creating a digital currency that households and businesses could...

Updated 20 Apr, 2021 10:03am

World

Germany to mourn 80,000 pandemic victims at memorial

Steinmeier stressed that it was important to look beyond the daily victim counts.

Published 18 Apr, 2021 11:22am

World

Israeli airstrikes hit Gaza after rocket attack

A security source in Gaza told AFP there were no casualties from the strikes.

Published 16 Apr, 2021 10:58am

Business & Finance

China GDP grows record 18.3% in first quarter in virus rebound

With the coronavirus pandemic under control domestically, "the national economy made a good start".

Published 16 Apr, 2021 10:44am

Business & Finance

Govt urged to allow business activities on weekends

PESHAWAR: The business community during a meeting of the National Peace Council of Pakistan, held under the...

Updated 16 Apr, 2021 09:54am

World

UK job ads and restaurant bookings rebound as lockdown eases

UK restaurant bookings jump to 79% of pre-crisis level.
Online job ads back to same level as before pandemic.
Banks gear up for higher mortgage and consumer lending.
Almost 6 million employees still on furlough at end of March.

Published 15 Apr, 2021 04:04pm

Markets

China to broaden stress tests in 2021 to include all 4,024 banks

In April, it issued draft rules imposing additional capital adequacy, leverage ratio, and liquidity management requirements on major banks deemed important to the financial system.

Published 14 Apr, 2021 12:04pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

coronavirus pandemic

Most Popular