Trends - COVID 19 - Business Recorder

COVID 19

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

Pakistan

Over 1.3mn people vaccinated against COVID-19 across country: Asad

He once again urged the people to fully comply with the health guidelines to avoid the spread of the virus.

Published 13 Apr, 2021 06:40pm

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

World

UK's Johnson warns lockdown, not vaccines, behind drop in COVID deaths

Britain has offered shots to high-priority groups.
Johnson: lockdown largely behind lower cases.
PM cautions there will be more hospitalisations, deaths.
Moderna rollout begins in England.
Surge testing in London to track South Africa variant.

Published 13 Apr, 2021 06:15pm

World

India, swamped by COVID-19 surge, fast-tracks approval of foreign vaccines

India reports 161,736 new infections, total at 13.7 mln.
Deaths rise by 879 to 171,058.
India has administered more than 106 mln vaccine doses.

Published 13 Apr, 2021 05:59pm

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

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

World

Russia reports 8,320 new COVID-19 cases, 277 deaths

The government coronavirus taskforce said that 277 people had died, taking its death toll to 103,263.

Published 12 Apr, 2021 01:53pm

Business & Finance

SDRs and debt holidays still just a band-aid for Pakistan and other debt-hobbled countries

A new $650 billion allocation of the IMF’s quasi currency known as Special Drawing Rights (SDRs) will provide over $20 billion of funding, while an extended repayment holiday on loans from rich G20 nations will temporarily save another $7 billion.

Published 08 Apr, 2021 01:05pm

World

Brazil reports 92,625 new coronavirus cases, 3,829 deaths in 24 hours

Brazil has registered more than 13 million cases since the pandemic began.

Published 08 Apr, 2021 11:48am

World

Norway to lift Covid curbs in four stages: PM

The country of 5.4 million has been relatively successful in keeping Covid-19 at bay with just over 100,000 cases and only 683 deaths.

Published 07 Apr, 2021 07:16pm

World

France's COVID-19 hospitalisations near a five-month high

Health authorities also reported 8,045 new infections in France, at 4.84 million, a figure sharply lower than last Tuesday's 30,702.

Updated 07 Apr, 2021 12:22am

Pakistan

Pakistan to approach IMF for second COVID relief package: PM

I think, this is time for second package and we will obviously talk to IMF, the prime minister said.

Published 06 Apr, 2021 09:18pm

Pakistan

Over one million people vaccinated against COVID-19: Asad Umar

He called upon all those who were above 50 years to register for vaccination.

Published 06 Apr, 2021 07:00pm

Pakistan

Court rejects Khaqan Abbasi's lawyer request to postpone hearing

The hearing was adjourned till April 13.

Published 06 Apr, 2021 06:50pm

World

New Zealand-Australia travel bubble to start on April 19

"Our team's success in managing COVID-19 and keeping it out over the past 12 months now opens up the opportunity to reconnect with loved ones and resume Trans-Tasman travel," Ardern said in a news conference.

Published 06 Apr, 2021 10:11am

World

Japan backs new IMF allocation, US calls for minimum corp tax

G20 to extend debt relief for developing world –finmin.
Aso keeps China in check against its lending practise.
Welcomes Yellen's minimum corporate tax proposal.

Published 06 Apr, 2021 09:48am

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

Pakistan

Sindh Police reports 10 new COVID-19 patients in seven days

He said all due care was being provided to the affected cops.

Published 05 Apr, 2021 07:05pm

Pakistan

COVID-19 claims one more patients, infects 308 others

The Chief Minister urged people of the province to follow the SOPs.

Published 05 Apr, 2021 07:03pm

Sports

Florenzi out of PSG's Bayern showdown after positive Covid-19 test

The full-back joins fellow Italian Marco Verratti who has also tested positive.

Published 05 Apr, 2021 04:55pm

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

Pakistan

Covid-19 claims 81 lives, infects 5,020 more people

During the last 24 hours most of the deaths had occurred in the Punjab followed by Khyber Pakhtunkhwa.

Published 04 Apr, 2021 08:35pm

Pakistan

SAPM calls for collective efforts to tackle ‘dangerous wave of Covid-19’

He said the number of infected kids from virus was equal to other two previous waves.

Published 04 Apr, 2021 08:33pm

Pakistan

19205 confirmed COVID-19 cases reported so far

Dr Zahid said 16007 patients having positive results were discharged after recovery while 5125 including 2891 were quarantined at homes and 2234 in isolation.

Published 04 Apr, 2021 08:13pm

Pakistan

Sindh reports 240 new COVID-19 cases in 24 hours

He said that 8,797 samples were tested which detected 240 cases that constituted 2.7 percent current detection rate.

Published 04 Apr, 2021 08:04pm

Life & Style

Bollywood star Akshay Kumar tests positive as India virus surge worsens

Akshay tweeted that he is now under home quarantine and has "sought necessary medical care".

Published 04 Apr, 2021 06:02pm

World

Libya takes delivery of first Covid vaccines

The health ministry said in a statement that just over 100,000 doses of the Russian Sputnik V jab had arrived in Tripoli.

Published 04 Apr, 2021 05:54pm

Aviation Division proposes PIA restructuring

ISLAMABAD: The Aviation Division is said to have proposed restructuring of PIA, relaxation in PPRA rules for...

Published 04 Apr, 2021 04:12am

World

Syria to get COVID-19 vaccines from China, Russia, WHO within days

The vaccines will be administered "according to a clear system", the report said without giving further details.

Published 03 Apr, 2021 06:38pm

Gainers
Losers
Leaders

Stock	Price
A. Shah Ghazi / Apr 15 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.25 ▲ 1.00 (16.00%)
Sana Ind. (R) / Apr 15 Sana Industries (R)(SNAIR)	8.01 ▲ 1.00 (14.27%)
Universal Ins. / Apr 15 The Universal Insurance Company Limited(UVIC)	4.89 ▲ 0.59 (13.72%)
Ashfaq Textile / Apr 15 Ashfaq Textile Mills Limited(ASHT)	8.50 ▲ 1.00 (13.33%)
Shaheen Ins. / Apr 15 Shaheen Insurance Company Limited(SHNI)	4.19 ▲ 0.39 (10.26%)
Popular Islamic Mod. / Apr 15 Popular Islamic Modaraba(PIM)	5.50 ▲ 0.50 (10.00%)
Bal. Glass / Apr 15 Balochistan Glass Limited(BGL)	11.01 ▲ 1.00 (9.99%)
Olympia Mills / Apr 15 Olympia Mills Limited(OML)	11.50 ▲ 1.00 (9.52%)
Pervez Ahmed Cons. / Apr 15 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.27 ▲ 0.11 (9.48%)
B.R.R. Mod. / Apr 15 B.R.R. Guardian Modaraba(BRR)	10.38 ▲ 0.85 (8.92%)

Stock	Price
Flying Cement (R) / Apr 15 Flying Cement Company (R)(FLYNGR)	2.48 ▲ -0.51 (-17.06%)
Saif Power / Apr 15 Saif Power Limited(SPWL)	15.56 ▲ -2.85 (-15.48%)
Waves Singer / Apr 15 Waves Singer Pakistan Limited(WAVES)	21.18 ▲ -2.41 (-10.22%)
Unicap Mod. / Apr 15 Unicap Modaraba(UCAPM)	3.30 ▲ -0.35 (-9.59%)
Dawood Equities / Apr 15 Dawood Equities Limited(DEL)	5.81 ▲ -0.51 (-8.07%)
AKD Capital Ltd / Apr 15 AKD Capital Limited(AKDCL)	439.49 ▲ -35.63 (-7.50%)
Punjab Oil / Apr 15 Punjab Oil Mills Limited(POML)	204.00 ▲ -16.00 (-7.27%)
Frontier Cer. / Apr 15 Frontier Ceramics Limited(FRCL)	28.13 ▲ -2.17 (-7.16%)
Ghani Global Hold. / Apr 15 Ghani Global Holdings Limited(GGL)	31.24 ▲ -2.38 (-7.08%)
Data Agro / Apr 15 Data Agro Limited(DAAG)	16.00 ▲ -1.18 (-6.87%)

Stock	Volume
Telecard / Apr 15 Telecard Limited(TELE)	72,537,500 ▼ 0.00
Worldcall / Apr 15 Worldcall Telecom Limited(WTL)	64,648,500 ▼ 0.00
Hum Network / Apr 15 Hum Network Limited(HUMNL)	17,335,000 ▼ 0.00
Ghani Global Hold. / Apr 15 Ghani Global Holdings Limited(GGL)	12,825,000 ▼ 0.00
TRG Pak. / Apr 15 TRG Pakistan Limited(TRG)	10,962,901 ▼ 0.00
Pakistan Refinery / Apr 15 Pakistan Refinery Limited(PRL)	9,359,000 ▼ 0.00
Netsol Tech. / Apr 15 NetSol Technologies Limited(NETSOL)	8,978,000 ▼ 0.00
Attock Ref. / Apr 15 Attock Refinery Limited(ATRL)	8,108,800 ▼ 0.00
Unity Foods / Apr 15 Unity Foods Limited(UNITY)	8,093,633 ▼ 0.00
Ghani Global Glass / Apr 15 Ghani Global Glass Limited(GGGL)	7,194,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 13	152.75
USD PKR Interbank Buying / Apr 13	152.65
USD to Japanese Yen / Apr 14	108.96
USD to Swiss Franc / Apr 14	0.92
Pound Sterling to USD / Apr 14	1.38
Euro to USD / Apr 14	1.20
UK LIBOR % / Apr 14	0.07

Stock	Volume
S&P 500 / Apr 14	4124.66
India Sensex / Apr 14	48544.06
Tokyo Nikkei / Apr 14	29620.99
Nasdaq / Apr 14	13857.84
Hang Seng / Apr 14	28900.63
FTSE 100 / Apr 14	6939.58
Dow Jones / Apr 14	33730.89
Germany DAX 30 / Apr 14	15209.15
France CAC40 / Apr 14	6939.58

Item	Value
Crude Oil / Apr 14	63.15
Karachi Cotton Assoc. / Apr 14	10800.00
Gold 10 Grams / Apr 14	94564.00
Gold Spot / Apr 14	1736.30
Cotton / Apr 14	82.71

COVID 19

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

Over 1.3mn people vaccinated against COVID-19 across country: Asad

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

UK's Johnson warns lockdown, not vaccines, behind drop in COVID deaths

India, swamped by COVID-19 surge, fast-tracks approval of foreign vaccines

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

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

Russia reports 8,320 new COVID-19 cases, 277 deaths

SDRs and debt holidays still just a band-aid for Pakistan and other debt-hobbled countries

Brazil reports 92,625 new coronavirus cases, 3,829 deaths in 24 hours

Norway to lift Covid curbs in four stages: PM

France's COVID-19 hospitalisations near a five-month high

Pakistan to approach IMF for second COVID relief package: PM

Over one million people vaccinated against COVID-19: Asad Umar

Court rejects Khaqan Abbasi's lawyer request to postpone hearing

New Zealand-Australia travel bubble to start on April 19

Japan backs new IMF allocation, US calls for minimum corp tax

Air France-KLM poised to announce refinancing steps

Sindh Police reports 10 new COVID-19 patients in seven days

COVID-19 claims one more patients, infects 308 others

Florenzi out of PSG's Bayern showdown after positive Covid-19 test

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

Covid-19 claims 81 lives, infects 5,020 more people

SAPM calls for collective efforts to tackle ‘dangerous wave of Covid-19’

19205 confirmed COVID-19 cases reported so far

Sindh reports 240 new COVID-19 cases in 24 hours

Bollywood star Akshay Kumar tests positive as India virus surge worsens

Libya takes delivery of first Covid vaccines

Aviation Division proposes PIA restructuring

Syria to get COVID-19 vaccines from China, Russia, WHO within days

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