Trends - Coronavirus - Business Recorder

Coronavirus

Factories shaking off Covid-19 gloom but outlook shaky

• Euro zone factories remained on a recovery path last month • British factory output recovered some ground ...

Published 02 Sep, 2020 02:42am

World

Zimbabwe to reopen schools from Sept. 14 for students taking final exams

"The ministry (of education) is working closely with other ministries and stakeholders to guarantee the safety of pupils and staff during the examinations period," the government said.

Published 01 Sep, 2020 11:27pm

Pakistan

COVID-19 active cases reach 8,881 across country: NCOC

According to NCOC official, the COVID-19 caseload in Pakistan had reached 296,149 with only 300 new cases reported during last 24 hours.

Published 01 Sep, 2020 11:06pm

Sports

Kohli says didn't miss cricket much during long coronavirus break

Kohli will remain in a bio-bubble with his Bangalore teammates throughout the 53-day tournament.

Published 01 Sep, 2020 06:57pm

World

Pope steps up call for poor country debt cancellation

The World Bank warned last month that coronavirus may have driven as many as 100 million people into extreme poverty.

Published 01 Sep, 2020 05:55pm

Sports

PCB announces slow and careful resumption of cricket activities

Organisers and participants of recreational cricket advised to follow government-issued protocols.

Published 01 Sep, 2020 04:04pm

World

COVID-19 pushes India’s economy to record slump

As per the data released by the Indian government, the massive contraction by almost a quarter in GDP numbers is mainly due to closure of business activity during the quarter owing to nationwide lockdowns imposed by the government to curb the spread of the deadly coronavirus.

Published 01 Sep, 2020 11:24am

Business & Finance

Asia's factories shaking off COVID gloom, China shines

Manufacturing activity in China expanded at the fastest clip in nearly a decade in August, as factories ramped up output to meet rebounding demand, a private survey showed. New export orders rose for the first time this year.

Published 01 Sep, 2020 10:26am

Coronavirus infects 300, claims four more lives in past 24 hours

There are now 8,881 cases in the country.

Published 01 Sep, 2020 10:20am

Pakistan

Covid-19 claims six more lives

ISLAMABAD: The countrywide tally of fatalities from coronavirus has reached 6,294, as six deaths were reported ...

Updated 01 Sep, 2020 03:19am

EU offers 400m euros to WHO-led Covid-19 vaccine initiative

BRUSSELS: The European Commission said it would contribute 400 million euros ($476 million) to an initiative led by...

Published 01 Sep, 2020 02:57am

Brazil passes 3.9mn coronavirus cases, death toll at 121,381

Brazil has registered 3,908,272 cases of the virus since the pandemic began.

Published 01 Sep, 2020 02:45am

Spain reports more than 23,000 new COVID-19 cases since Friday

Health ministry data showed 2,489 new cases were diagnosed in the past 24 hours, bringing the total since the onset of the pandemic to 462,858.

Published 01 Sep, 2020 02:32am

World

EU offers 400mn euros to WHO-led COVID-19 vaccine initiative

The initiative, dubbed COVAX, aims to purchase for all countries in the world 2 billion doses of potential COVID-19 shots from several vaccine makers by the end of 2021.

Published 31 Aug, 2020 11:58pm

World

COVID-19 can wipe out health care progress in short order: WHO

Since COVID-19 cases were first identified in December last year, the virus is thought to have killed nearly 850,000 people, the latest Reuters tally showed.

Published 31 Aug, 2020 11:45pm

World

Russia to vaccinate high risk groups against COVID-19 towards end of year

Russia this month became the first country to grant regulatory approval to a COVID-19 vaccine after less than two months of human testing.

Published 31 Aug, 2020 11:42pm

Pakistan

Distance learning top priority of education ministry due to COVID-19: Shafqat

He said concrete steps were also being taken to develop a mechanism to connect teachers and students.

Published 31 Aug, 2020 11:38pm

Pakistan

Six Covid-19 deaths reported across country: NCOC

He said 280,682 patients had been recovered while 604 were in critical condition with only three during last 24 hours.

Published 31 Aug, 2020 11:03pm

Pakistan

American Business Council presents Rs17mn cheque to PM for Corona Relief Fund

The government on priority basis had announced incentives for the construction sector so that not only this sector could thrive, but also its allied industries could also progress, he added.

Published 31 Aug, 2020 10:54pm

Pakistan

10 new COVID-19 positive cases reported in Balochistan

As many as 11,794 affected patients have been recovered from the coronavirus so far, while 141 deaths were recorded due to the deadly virus in Balochistan.

Published 31 Aug, 2020 10:34pm

World

US passes 6 million Covid-19 cases: Johns Hopkins

Global coronavirus infections have soared past 25 million.

Published 31 Aug, 2020 09:20pm

Business & Finance

Turkish Airlines slashes wages to overcome coronavirus but avoids layoffs

The flagship carrier will cut pilot wages by 50%, cabin crew wages by 35% and other personnel wages by 30%.
Turkish Airlines later confirmed that it had signed a deal with the union but gave no details.

Published 31 Aug, 2020 08:36pm

Business & Finance

Nestle gets peanut allergy treatment with $2bn Aimmune buyout

Nestle said on Monday its offer for Aimmune values the California-based drugmaker.
Aimmune's shares more than doubled on Monday, just shy of Nestle's offer price of $34.50 per share.

Published 31 Aug, 2020 08:32pm

Pakistan

COVID-19 Response; EU pays WHO € 2.5 million to support Pakistan

This contribution is part of the EU’s dedicated €150 million package to the COVID-19 crisis in Pakistan.

Published 31 Aug, 2020 08:25pm

World

India economic growth hit by record slump after virus lockdown

The nation of 1.3 billion also has the third-highest number of infections worldwide.

Published 31 Aug, 2020 08:13pm

World

Ghana to reopen international airport after five months

The virus has so far infected 44,205 people, claimed 276 lives.

Published 31 Aug, 2020 06:58pm

World

WFP warns 2.2 million more Syrians risk hunger

Damascus has blamed Western sanctions for its struggling economy.

Published 31 Aug, 2020 06:53pm

Business & Finance

GSK, partner Vir join race to find COVID-19 antibody treatment

GSK, which in April moved to invest $250 million in Vir and agreed to collaborate on the antibody, is behind some peers in developing the class.
Eli Lilly, working with biotech firm AbCellera, early this month started testing whether their antibody can prevent the infections in nursing homes.

Published 31 Aug, 2020 06:49pm

Scientists see downsides to top COVID-19 vaccines from Russia, China

Experts say vaccines are based on a common cold virus that many people have been exposed to, potentially limiting their effectiveness

Published 31 Aug, 2020 06:36pm

Markets

ECB policy calibrated to deal with pandemic resurgence, says Schnabel

No need for now to adjust policy stance.
Not worried about exchange rate developments.
Euro zone market fragmentation has declined.
May have to call off in-person meeting on Sept 10.

Published 31 Aug, 2020 06:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Petrol/Litre / May 2	288.49
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Diesel/Litre / May 2	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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