Trends - coronavirus variant - Business Recorder

coronavirus variant

Yen, Swiss franc gain as Covid variant dents risk appetite

NEW YORK: News of a coronavirus variant potentially resistant to current vaccines sent investors dashing for the...

Published 27 Nov, 2021 05:08am

World

EU countries agree to suspend travel to southern Africa

BRUSSELS: European Union states have agreed to suspend travel from southern Africa after the detection of a new...

Updated 26 Nov, 2021 10:30pm

World

WHO monitoring new coronavirus variant named 'Mu'

The WHO said the variant has mutations that indicate a risk of resistance to vaccines and stressed that further studies were needed to better understand it

Published 01 Sep, 2021 10:49am

Markets

Pounds falls to one-month low as edgy investors buy dollars

Concerns that major central banks such as the US Federal Reserve will begin tapering emergency stimulus just as growth slows has also undermined risk sentiment

Published 20 Aug, 2021 01:27pm

Markets

US MIDDAY: Gold rises in Europe

AMSTERDAM/LONDON: Gold rose on Wednesday as concerns over the economic impact of the Delta coronavirus variant...

Published 12 Aug, 2021 04:34am

Markets

Cotton scales 1-week peak on grains support

NEW YORK: ICE cotton futures on Thursday rose to their highest in a week, tracking gains in Chicago grains, while...

Published 06 Aug, 2021 04:18am

Markets

Oil extends losses in volatile trade as Delta variant angst spreads

NEW YORK: Oil extended its losses on Tuesday in volatile trade as concern over rising cases of the Delta coronavirus...

Published 04 Aug, 2021 04:14am

Business & Finance

Early trade: US dollar rises to three-month high

NEW YORK/LONDON: The US dollar climbed to a three-month peak on Tuesday in a flight-to-safety bid, as investors...

Published 21 Jul, 2021 01:51am

Markets

Yen, dollar rise as Delta variant spurs rush to safety

Cryptocurrencies also sank, with bitcoin falling below $30,000 for the first time in about a month

Published 20 Jul, 2021 11:29am

Markets

Dollar shifts up a gear as virus looms over England's 'Freedom Day'

The yen was last up 0.1% at 109.25 per dollar and close to its strongest since April at 129.78 per euro

Published 19 Jul, 2021 12:25pm

Saudi Arabia suspends UAE flights due to virus variant

RIYADH: Saudi Arabia has suspended flights to three countries, including the neighbouring United Arab Emirates, to...

Published 04 Jul, 2021 03:41am

Markets

Gold gains as U.S. jobs data fails to bolster early Fed tightening bets

Spot gold rose 0.3pc to $1,781.77 per ounce by 12:48 pm EDT (1648 GMT), after jumping to $1,794.86, its highest level since June 18. U.S. gold futures gained 0.4pc to $1,782.90.

Published 02 Jul, 2021 10:37pm

World

Double Covid jab seems to curb Delta variant: EMA

THE HAGUE: Two doses of Covid vaccine appear to provide protection against the rapidly spreading Delta variant, the...

Published 02 Jul, 2021 04:20am

World

South China airport cancels flights after Covid case

BEIJING: The airport in China’s southern city of Shenzhen cancelled hundreds of flights and tightened entry...

Published 20 Jun, 2021 03:39am

World

France imposes quarantine on UK visitors ahead of summer tourist season

"There is a new situation with the progression of the so-called Indian variant in the United Kingdom," said government spokesman Gabriel Attal. "(France) will set up compulsory isolation for people coming from the United Kingdom."
The French government's announcement will be a blow to parts of the beleaguered tourism industry, which is desperate for a return to normal business ahead of the peak summer season.

Published 26 May, 2021 07:59pm

Business & Finance

EasyJet CEO does not expect Indian variant to ruin summer travel

"I don't think that UK aviation as an industry can go through another lost summer without grave consequences," he said.

Published 26 May, 2021 02:47pm

Business & Finance

EasyJet readies 90pc of fleet despite summer doubts

EasyJet expects to operate about 15% of pre-crisis capacity in the current April-June quarter, it said on Thursday, before returning furloughed crews for a much-anticipated summer surge.
"We have the ability to flex up quickly to operate 90% of our current fleet over the peak summer period to match demand," Chief Executive Johan Lundgren said in the airline's results statement.

Published 20 May, 2021 07:02pm

Pakistan

South African, Brazil and UK variants of coronavirus responsible for third wave in Pakistan: Study

The study found that these variants were responsible for causing 54% of new infections in Pakistan from December 2020 to February in Karachi.
The COVID-19 positivity ratio jumped from 1.538% during November to 7.6% in December 2020 to February 2021.

Published 16 Apr, 2021 12:34pm

World

Ukraine reports record daily high of new coronavirus cases, deaths

Stepanov said 5,040 people were hospitalised over the past day, almost the same number as on Thursday.

Published 02 Apr, 2021 10:50am

World

Russia extends ban on UK flights by a month over coronavirus variant

Russia, which has had the flight ban in place since Dec. 22, reported 28 cases of the more infectious coronavirus variant on Tuesday, consumer health regulator Rospotrebnadzor said.
"To ensure the protection of public health, the restrictions have been extended until 2359 (2059 GMT) on April 16, 2021," the coronavirus task force said in a statement.

Published 16 Mar, 2021 08:29pm

World

Abbott's test to distinguish coronavirus and flu viruses gets US authorization

The test, Alinity m Resp-4-Plex, can be conducted with one nasal swab sample and can differentiate the coronavirus, flu A, flu B and another respiratory virus called respiratory syncytial virus (RSV), the company said.
Abbott has a range of COVID-19 tests, including antigen, molecular and serology tests which have been authorized for emergency use by the US Food and Drug Administration.

Published 05 Mar, 2021 09:09pm

World

Hungary toughens COVID-19 lockdown to curb ‘very strong’ third wave

Most shops to be closed under new measures.
Primary schools shift to remote learning.
Daily new COVID-19 cases hit a three-month high.

Published 04 Mar, 2021 06:27pm

World

France and Germany to require COVID-19 test for some border crossings

France has resisted imposing a new national lockdown to control more contagious variants, but has begun to toughen restrictions locally in places such as Dunkirk in the north and Nice in the south.

Published 01 Mar, 2021 12:14pm

Business & Finance

Pfizer study deals new blow to South Africa's vaccine hopes

Laboratory study published on Pfizer vaccine.
Suggests reduced protection vs local virus variant.
South Africa expecting 7 mln Pfizer doses by June.
AstraZeneca jabs already on hold over trial data.
Country worst-affected by pandemic on continent.

Published 18 Feb, 2021 07:50pm

World

UK says Astrazeneca vaccine prevents COVID-19 death as South Africa halts shots

"There is no evidence that this vaccine is not effective in preventing hospitalisation and severe illness and death, which ultimately is what we're seeking with these vaccines today," Britain's Edward Argar told Sky.

Published 08 Feb, 2021 12:35pm

World

Sinopharm's COVID-19 vaccine remained active against South Africa variant, effect reduced

The activity reduction "should be taken into account for its impact for the clinical efficacy of these vaccines," they said.

Published 03 Feb, 2021 11:58am

World

Fresh data show toll South African virus variant takes on vaccine efficacy

The vaccines from Novavax Inc and Johnson & Johnson were welcomed as important future weapons in curbing deaths.
"Clearly, the mutants have a diminishing effect on the efficacy of the vaccines," Dr. Anthony Fauci.

Published 30 Jan, 2021 06:33pm

World

Italy extends ban on Brazil flights to Feb 15

I signed a new order pushing back the blockage of flights from Brazil and the ban to enter Italy to all those who have been through the country in 14 previous days.
The suspension will be until Feb. 15, and can "possibly be renewed" a spokesperson for the minister said.

Published 30 Jan, 2021 05:17pm

World

First known US cases of potent South African COVID-19 variant found in South Carolina

The U.S. Centers for Disease Control and Prevention (CDC) has predicted the UK variant could become the dominant strain in the United States by March.

Published 29 Jan, 2021 01:29pm

World

Senegal confirms presence of UK coronavirus variant

British scientists say the UK variant, known as B.1.1.7, may be up to 70% more transmissible and also more lethal - with a mortality risk around 30% higher.
Due to the fact that these variants are transmitted more rapidly, which could explain the speed of spread of the disease in some countries.

Published 28 Jan, 2021 08:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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