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Coronavirus
VERY HIGH
Pakistan Deaths
15,872
11824hr
Pakistan Cases
739,818
539524hr
Sindh
270,310
Punjab
258,441
Balochistan
20,580
Islamabad
68,066
KPK
102,290

COVID 19

Analysts cut Air Canada's PT after government agrees on equity stake

Analysts cut Air Canada's PT after government agrees on equity stake

  • "Our target price declines due to the negative impact of greater short-term cash-burn and the impact of the dilution from the share and warrant issue on the price to equity component of our target," James added.
  • The Canadian government on Monday agreed to buy C$500 million worth of shares in the airline at C$23.1793 each.
Published 13 Apr, 2021 07:02pm
Belgium to continue with Johnson & Johnson vaccine for the time being
World

Belgium to continue with Johnson & Johnson vaccine for the time being

  • "At this time, we have not received any signals that we should stop the vaccination," said Gudrun Briat, a spokesperson for the vaccination task force.
  • Belgium received 36,000 doses of the Johnson & Johnson jab yesterday. Almost two million Belgians have received a first dose of a vaccine so far.
Published 13 Apr, 2021 06:39pm
US calls for pause to J&J COVID-19 vaccine over rare blood clots
Business & Finance

US calls for pause to J&J COVID-19 vaccine over rare blood clots

  • The move comes a week after European regulators said they had found a possible link between AstraZeneca's COVID-19 vaccine and a rare blood clotting problem that had led to a small number of deaths.
  • Johnson & Johnson's (J&J) single dose vaccine - most COVID-19 shots are delivered over two doses - and AstraZeneca's low-cost vaccine are seen as vital tools in the fight against a pandemic that has claimed more than three million lives.
Published 13 Apr, 2021 05:48pm
Eli Lilly to focus on selling COVID-19 antibody drug combination
Business & Finance

Eli Lilly to focus on selling COVID-19 antibody drug combination

  • Lilly and the US government have agreed to modify their existing agreement to enable the supply of etesevimab to complement doses of bamlanivimab the US government had already purchased, the drugmaker said.
  • The earlier supply agreement for bamlanivimab has been terminated and cancels the remaining 350,856 doses of bamlanivimab that were scheduled to be delivered by the end of March 2021.
Published 12 Apr, 2021 09:15pm
Air France-KLM poised to announce refinancing steps
Business & Finance

Air France-KLM poised to announce refinancing steps

  • Air France-KLM is expected to convert part of its 4 billion euros ($4.7 billion) in direct government loans into hybrid instruments and raise new equity capital under the plans to be announced by Tuesday morning, the sources told Reuters.
  • After drawn-out talks with Brussels over the number of take-off and landing slots at Paris-Orly airport to be given up by Air France in return for renewed aid, France's finance minister said on Sunday a compromise agreement had been reached.
Published 05 Apr, 2021 09:16pm
India's daily virus cases breach 100,000 - mutants and behaviour blamed
World

India's daily virus cases breach 100,000 - mutants and behaviour blamed

  • India reported a record rise in COVID-19 infections on Monday, becoming the second country after the United States to post more than 100,000 new cases in a day, as politicians stage massive election rallies raising fears of further spreading the virus.
  • The country’s daily infections have risen about 12 fold since hitting a multi-month low in early February, when authorities eased most restrictions and people largely stopped wearing masks and following social distancing.
Published 05 Apr, 2021 12:43pm