Trends - Coronavirus - Business Recorder

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اردو

Apr 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Coronavirus

EU warns of risks of COVID-19 vaccine race after UK approval of Pfizer shot

EU warns of risks of COVID-19 vaccine race after UK approval of Pfizer shot

Britain is the first Western country to approve a COVID-19 vaccine, a move that many see as a political coup for Prime Minister Boris Johnson's government.

Published 02 Dec, 2020 03:23pm

'Second wave' hampers Pakistan’s Refining, Fuel Demand Growth Outlooks: Report

Business & Finance

'Second wave' hampers Pakistan’s Refining, Fuel Demand Growth Outlooks: Report

The report said that a sharp resurgence in new daily Covid-19 infections in Pakistan has put the brakes on the government’s economic reopening plans after earlier lockdowns.

Published 02 Dec, 2020 02:46pm

Eighth member of Pakistan squad tests positive for COVID-19 in New Zealand

Sports

Eighth member of Pakistan squad tests positive for COVID-19 in New Zealand

The health department said the team would not be allowed to train together until doctors were confident it would not lead to more coronavirus cases.

Published 02 Dec, 2020 01:35pm

UK approves Pfizer-BioNTech COVID-19 vaccine, first in the world

World

UK approves Pfizer-BioNTech COVID-19 vaccine, first in the world

The vaccine will be made available across the UK from next week.

Published 02 Dec, 2020 12:43pm

After Karachi, Islamabad bans indoor dining

Pakistan

After Karachi, Islamabad bans indoor dining

All assistant commissioners and subdivisional magistrates would remain in the field to ensure the orders issued under the Epidemic Diseases Act in order to prevent further covid infection, the DC tweeted.

Published 02 Dec, 2020 11:24am

COVID-19 pandemic: 75 deaths, 2,829 fresh cases reported across country

Pakistan

COVID-19 pandemic: 75 deaths, 2,829 fresh cases reported across country

NCOC states that the number of fatalities due to the virus is the highest in the last four months

Published 02 Dec, 2020 10:42am

Video conferencing app Zoom enjoys exponential rise in sales thanks to COVID-19

Technology

Video conferencing app Zoom enjoys exponential rise in sales thanks to COVID-19

In the third quarter of 2020, analysts had expected Zoom's revenue to increase by $694 million, but the increase turned out to be higher than expected.

Published 02 Dec, 2020 10:37am

U.S. ready for 'immediate mass shipment' of COVID-19 vaccines: agency

World

U.S. ready for 'immediate mass shipment' of COVID-19 vaccines: agency

The U.S. Transportation Department said Tuesday it has made preparations to enable the “immediate mass shipment” of COVID-19 vaccines and completed all necessary regulatory measures.

Published 02 Dec, 2020 10:15am

Bipartisan U.S. lawmakers, Senate leader McConnell float new coronavirus aid bills

World

Bipartisan U.S. lawmakers, Senate leader McConnell float new coronavirus aid bills

A bipartisan group of U.S. lawmakers on Tuesday unveiled a $908 billion COVID-19 relief bill aimed at breaking a months long deadlock between Democrats and Republicans over new emergency assistance for small businesses, unemployed people, airlines and other industries during the pandemic.

Published 02 Dec, 2020 09:30am

Of Covid-19 and ad spend

BR Research

Of Covid-19 and ad spend

Similar to many sectors, Covid-19 has been a disaster for the advertising and marketing industry globally as evident...

Published 02 Dec, 2020 07:40am

The Covid 'longhaulers' behind a global patient movement

Opinion

The Covid 'longhaulers' behind a global patient movement

Snatching moments of clarity through the brain fog that was among the lingering symptoms of her coronavirus...

Published 02 Dec, 2020 02:49am

Covid-19: Punjab reports 45 deaths in 24 hours

Pakistan

Covid-19: Punjab reports 45 deaths in 24 hours

LAHORE: With surge in fatalities on account of Covid-19, Punjab has reported 45 deaths across the province during ...

Published 02 Dec, 2020 02:49am

Rise in Covid-19 cases: 'Govt closes educational institutes with heavy heart'

Pakistan

Rise in Covid-19 cases: 'Govt closes educational institutes with heavy heart'

ISLAMABAD: Federal Education Minister Shafqat Mahmood on Tuesday said that the government had to close educational...

Published 02 Dec, 2020 02:49am

Covid-19: Sindh records 1,292 new cases, 27 deaths

Pakistan

Covid-19: Sindh records 1,292 new cases, 27 deaths

KARACHI: Sindh witnessed a highest number of fatalities during the last one month with 27 deaths of Covid-19...

Published 02 Dec, 2020 02:49am

Coronavirus tally crosses 400,000-mark

Print

Coronavirus tally crosses 400,000-mark

ISLAMABAD: The number of nationwide coronavirus cases Tuesday crossed 400,000-mark, reaching 401,782. The pandemic...

Published 02 Dec, 2020 02:49am

Coronavirus vaccine: People over 60 to be given preference

Print

Coronavirus vaccine: People over 60 to be given preference

• Cabinet says comportment being displayed by PDM to put 'immense pressure' on hospitals ISLAMABAD: The federal...

Published 02 Dec, 2020 02:49am

Amazon delves deeper into voice recognition, call-center work as COVID-19 drives cloud

Business & Finance

Amazon delves deeper into voice recognition, call-center work as COVID-19 drives cloud

Amazon Connect Voice ID, which uses machine learning software to authenticate customers who dial into call centers.
Amazon is also adding a machine learning tool that helps call-center agents find answers for customers and another that help them personalize service.

Published 02 Dec, 2020 02:18am

Trump to meet COVID-19 vaccine makers, distributors next week

World

Trump to meet COVID-19 vaccine makers, distributors next week

It is scheduled for Dec. 8 and will be attended by President Donald Trump, Vice President Mike Pence and private-sector executives.
Invitees include Pfizer, Moderna and drug distributors, pharmacies, and logistics companies including McKesson, Walgreens, CVS Health, United Parcel Service , and FedEx.

Published 02 Dec, 2020 12:38am

US CDC reports 267,302 deaths from coronavirus

World

US CDC reports 267,302 deaths from coronavirus

The CDC reported its tally of cases of the respiratory illness known as COVID-19, caused by a new coronavirus.
The CDC figures do not necessarily reflect cases reported by individual states.

Published 02 Dec, 2020 12:21am

US factory activity slows; COVID-19 resurgence hits workers

World

US factory activity slows; COVID-19 resurgence hits workers

ISM manufacturing index falls 1.8 pts to 57.5 in November.
New orders, employment measures decline.
Construction spending increases 1.3% in October.

Published 02 Dec, 2020 12:10am

COVID-19 vaccine is top priority for Portugal's EU presidency

World

COVID-19 vaccine is top priority for Portugal's EU presidency

We must guarantee we have a vaccine available which is effective in stopping COVID and which permits us to reach on the same day all countries of Europe.
There is no Plan B to approving the budget and recovery fund at the next council on the 10th and 11th December.

Published 02 Dec, 2020 12:05am

Cabinet approves procurement of Covid-19 vaccine

Pakistan

Cabinet approves procurement of Covid-19 vaccine

the cabinet meeting chaired by Prime Minister Imran Khan here in Islamabad approve funds to procure an anti-Covid vaccine. The health workers and people above 60 years of age will get the first doses of the drug in the first stage.

Published 01 Dec, 2020 07:52pm

Coronavirus toll at 1100 GMT Tuesday

World

Coronavirus toll at 1100 GMT Tuesday

Asia has reported 195,055 deaths from 12,411,246 cases, the Middle East 78,983 deaths from 3,348,575 cases, Africa 52,033 deaths from 2,175,413 cases, and Oceania 942 deaths from 30,324 cases.

Published 01 Dec, 2020 06:57pm

COVID-19 claims 27 more lives, infects 1,292 others: CM Sindh

COVID-19 claims 27 more lives, infects 1,292 others: CM Sindh

He added that the condition of 716 patients was stated to be critical, including 72 shifted to ventilators.

Published 01 Dec, 2020 06:48pm

Risk of COVID-19 doubles in Pakistan after flu vaccine goes short

Pakistan

Risk of COVID-19 doubles in Pakistan after flu vaccine goes short

Many governments around the globe including United States and Europe have encouraged citizens to get shots of flu vaccine this year.

Updated 01 Dec, 2020 07:12pm

Oil prices steady as OPEC and allies seek consensus on output

Markets

Oil prices steady as OPEC and allies seek consensus on output

Brent crude was down 1 cent at $47.87 a barrel by 1115 GMT and West Texas Intermediate was down 9 cents at $45.25.

Published 01 Dec, 2020 05:08pm

EU Commission to authorise COVID vaccines days after regulatory approval

World

EU Commission to authorise COVID vaccines days after regulatory approval

Under EU rules, EMA recommends the authorisation of a drug or vaccine and the EU Commission authorizes them on the basis of the EMA's scientific advice.

Published 01 Dec, 2020 05:01pm

Pandemic pushes global aid needs to record $35bn for 2021: UN

Pandemic pushes global aid needs to record $35bn for 2021: UN

"The increase arises almost entirely because of Covid-19," United Nations emergency relief coordinator Mark Lowcock told reporters.

Published 01 Dec, 2020 04:52pm

Tokyo stocks rally on vaccine hopes, China data

Markets

Tokyo stocks rally on vaccine hopes, China data

It is hoped the drugs could be available as soon as next week.

Published 01 Dec, 2020 04:50pm

China factory activity sees fastest growth in decade: survey

Business & Finance

China factory activity sees fastest growth in decade: survey

The official November PMI came in at 52.1, data showed Monday, beating the 51.4 seen the month before and back at levels last seen in September 2017.

Published 01 Dec, 2020 04:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.50
USD PKR Interbank Buying / Apr 24	278.25
USD to Japanese Yen / Apr 24	154.89
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.24
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
Nasdaq / Apr 23	15696.64
Dow Jones / Apr 23	38503.69
India Sensex / Apr 24	73884
Tokyo Nikkei / Apr 24	38460.08
Hang Seng / Apr 24	17176.31
FTSE 100 / Apr 24	8079.79
Germany DAX 30 / Apr 24	18202.76

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 24	293.94
Crude Oil USD/Barrel / Apr 24	83.46
Gold Spot USD/Ounce / Apr 24	2319
Diesel/Litre / Apr 24	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Expenditure cut steps likely in FY25 budget

Expenditure cut steps likely in FY25 budget

Gold price per tola falls massive Rs7,800 in Pakistan

Gold price per tola falls massive Rs7,800 in Pakistan

Ahead of PM’s visit to KSA: SIFC ‘striving’ to resolve KE’s issues

Ahead of PM’s visit to KSA: SIFC ‘striving’ to resolve KE’s issues

NJLI Sarmaya Growth Fund Rates

Rupee remains largely stable against US dollar

Rupee remains largely stable against US dollar

Supertax on rich: SC concerned at ‘no final decision’ by high courts

Supertax on rich: SC concerned at ‘no final decision’ by high courts

Interaction with S&P and Fitch

Interaction with S&P and Fitch

PM suspends CCIR for ‘deliberate delay in tax cases’

PM suspends CCIR for ‘deliberate delay in tax cases’

Pakistan refiners warn $6bn upgrades at risk due to fuel price deregulation plan

Pakistan refiners warn $6bn upgrades at risk due to fuel price deregulation plan