Trends - Coronavirus - Business Recorder

Coronavirus

12,901 citizens fined for not wearing masks, 6 banks among 1800 shops sealed

He appealed to traders and public to avoid crowds in markets and public places and strictly observe SOPs to avoid further spread of coronavirus infection.

Published 10 Dec, 2020 09:02pm

World

270 million people face starvation, says WFP as it receives Nobel Peace Prize

The WFP, which has coordinated medical logistics during the coronavirus pandemic, was announced winner of the award for 2020 in October.

Published 10 Dec, 2020 08:19pm

World

German minister says extra curbs needed in places with high infections

"There needs to be an overall shutdown in society for all of us, also around the turn of the year," Spahn told the Bundestag lower house of parliament.

Published 10 Dec, 2020 07:52pm

Business & Finance

Qatar expects $9.5bn deficit next year on lower revenues

Oil revenues are expected to be 121.6 billion riyals next year, a 27.6pc drop when compared to what was budgeted for 2020.

Published 10 Dec, 2020 07:34pm

World

New coronavirus cases in Netherlands jump by almost 9,000

The infection rate in the country has been steadily rising in the past week, after having declined from a peak of around 11,000 at the end of October.

Published 10 Dec, 2020 07:31pm

Markets

Dubai, Abu Dhabi end higher, log weekly gains on vaccine hopes

Riding the optimism, oil prices, a key catalyst for Gulf markets, have risen consistently in the past six weeks, with the Brent crude moving above $49 a barrel.

Published 10 Dec, 2020 07:25pm

Pakistan

Two more doctors of Abbottabad tested positive for COVID-19

More than 10 doctors and other health professionals have lost their lives by COVID-19 during the course of time.

Published 10 Dec, 2020 07:05pm

Pakistan

PDM, a gang of discarded elements: Dr Firdous

The opposition first spread corruption virus and now they were spreading coronavirus to play with the lives of the people, she said.

Published 10 Dec, 2020 07:01pm

Pakistan

One more die from coronavirus, 30 test positive in Faisalabad

He said that 867 coronavirus tests had been conducted in public and private sector laboratories of Faisalabad during the last 24 hours, out of which 30 were found positive.

Published 10 Dec, 2020 06:45pm

World

Russia reports 27,927 new coronavirus cases, 562 deaths

Authorities said 562 people had died overnight, taking the official death toll to 45,280.

Published 10 Dec, 2020 06:30pm

World

Turkish unemployment dipped to lowest since 2018

Employers and officials expect a jump in unemployment once the government lifts the layoff ban, which has been extended until mid-2021.

Published 10 Dec, 2020 06:04pm

World

COVID-19 infections and deaths in Germany likely to rise further

Germany's reported COVID-19 death toll is still rising sharply, increasing by 440 to 20,372 over the past 24 hours.

Published 10 Dec, 2020 06:00pm

Pakistan

Opposition's rallies pose threat to people's lives, makes no difference to govt: PM

Imran asks opposition leaders to rethink their strategy of holding mass rallies to protect people from contracting the deadly disease
Prime minister appeals nation to follow SOPs and take precautions to avoid situation getting out of hands

Published 10 Dec, 2020 05:55pm

World

Worldwide coronavirus cases cross 68.75 million, death toll at 1,566,985

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

Published 10 Dec, 2020 05:40pm

Business & Finance

Smartphone shipments in China fall 17pc in November on year

Xiaomi's smartphone revenue rose to 47.6 billion yuan in the third quarter, an increase of 47.5pc over the same period last year.

Published 10 Dec, 2020 05:22pm

Pakistan

Engro Foundation honours COVID- 19 frontline heroes in first-ever virtual IATC awards

More than 100 applications were received in five categories for a chance to receive support and recognition for work carried out.

Published 10 Dec, 2020 04:59pm

World

Japan plans vaccine freezer buying binge as Tokyo reports record cases

Japan, with a population of 126 million, has agreements to buy a total of 290 million doses of vaccines from Pfizer Inc, AstraZeneca Plc and Moderna Inc, or enough for 145 million people.

Published 10 Dec, 2020 04:58pm

Business & Finance

Ocado's sales growth held back by capacity constraints

The group has seen sales soar this year as the COVID-19 pandemic has generated huge demand for grocery home delivery.

Published 10 Dec, 2020 04:54pm

World

Belarus, citing COVID-19 fears, to close land borders as brain drain bites

Prime Minister Roman Golovchenko said this month that Belarus would work to stem the exit of talent, saying authorities wanted to prevent an outflow of young people in particular.

Published 10 Dec, 2020 04:49pm

Markets

Russian rouble climbs on vaccine optimism, MOEX hits record high

The rouble was 0.6pc stronger against the dollar at 73.40, close to a peak hit on Wednesday of 73.0475, the firmest since August.

Published 10 Dec, 2020 04:40pm

Business & Finance

CAA issues new travel advisory for foreign travelers entering Pakistan

The notification issued by the CAA's Director of Transport states that the number of passengers arriving from abroad has been divided into 3 categories with reference to Coronavirus.

Published 10 Dec, 2020 04:15pm

World

Hungary sees chance for EU budget deal at crunch summit

Poland and Hungary deny such policies threaten the rule of law and cast the issue as meddling in their internal affairs.

Published 10 Dec, 2020 04:14pm

World

Indian Pharma industry's COVID-19 vaccine plans

Several Indian pharmaceutical companies are working to develop or manufacture at least eight anti-COVID-19 formulations as the world’s largest producer of vaccines prepares for a massive response to the coronavirus pandemic.
India, which has itself been badly hit by the pandemic with nearly 10 million infections, the second-highest in the world, is focusing on affordable vaccines instead of the expensive messenger RNA shots of Pfizer Inc and Moderna Inc.

Published 10 Dec, 2020 04:06pm

Pakistan

23 deaths, 446 new cases of COVID-19 reported in Punjab

The Punjab health department has conducted 2,130,747 tests for COVID-19 so far while 111,840 confirmed cases had been recovered in the province.

Published 10 Dec, 2020 04:03pm

Pakistan

COVID patients crosses 46000, 56 more died on Wednesday

The total 56 corona patients, who were under treatment had lost their lives, out of them 51 in hospitals while five died out of hospital due to COVID-19 on Wednesday.

Published 10 Dec, 2020 03:54pm

World

U.S. Senate to vote on spending stopgap as COVID-19 aid debate continues

Senate Majority Leader Mitch McConnell, a Republican, has said the Senate will take it up this week and send it to Trump in time to avoid a government shutdown.
The move gives Congress seven more days to enact a broader, $1.4 trillion “omnibus” spending measure for all government agencies from the Pentagon to national parks.

Updated 10 Dec, 2020 04:17pm

Pakistan

DRAP cuts price of drug being used to treat COVID-19 patients

The new price of 100mg Remdesivir is fixed at Rs5,680.
On November 27, the federal cabinet had green-lighted a cut in the price of the antiviral.

Published 10 Dec, 2020 01:16pm

Markets

Bullish bets on Asian FX hit multi-year highs as 2021 outlook brightens

The Bank of Thailand (BOT) on Wednesday said it stepped in to slow volatility in the baht so that it would not derail economic recovery, after the currency strengthened to a one-year high of 29 baht per US dollar.

Published 10 Dec, 2020 01:16pm

Business & Finance

Norsk Hydro raises long-term cost cutting target

"We're raising the bar, setting a new ambitious improvement target for 2025, combined with a clear strategy to make Hydro a profitable and sustainable industry leader," Chief Executive Hilde Merete Aasheim said.

Published 10 Dec, 2020 01:06pm

Markets

Oil edges up on vaccine release, concern over Iraq oilfield attack

Analysts were surprised the market had mostly shrugged off an unexpectedly large build in US crude stocks in government data released on Wednesday, largely due to a plunge in US crude exports to their lowest since 2018.

Published 10 Dec, 2020 12:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.37
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 14	5246.68
India Sensex / May 14	73104.61
Tokyo Nikkei / May 14	38552.29
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
FTSE 100 / May 14	8428.13
Dow Jones / May 14	39558.11
Germany DAX 30 / May 14	18716.42

Item	Value
Crude Oil USD/Barrel / May 14	78.51
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2357
Cotton US¢/pound / May 14	73.78
Petrol/Litre / May 15	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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