Trends - COVID19 - Business Recorder

COVID19

Crude, equities advance on signs of recovery

London stocks, resuming trade after a long holiday weekend in the UK, were also higher, with shares in heavyweight oil and mining groups in demand on rising commodity prices.

Published 01 Jun, 2021 09:24pm

WHO approves China's Sinovac vaccine for emergency use

Recommends jab for aults over 18, with a second dose 2-4 weeks later.
It will be the second Chinese drug to get approval from global health agency.

Updated 01 Jun, 2021 08:35pm

Pakistan

Pakistan launches locally developed Covid-19 vaccine 'PakVac'

The vaccine is available for distribution from today.

Updated 02 Jun, 2021 12:49am

World

Portugal plans to give COVID shots to 20-year-olds in August

The announcement by Henrique Gouveia e Melo came after health authorities said last week those aged 40 or older will be inoculated from June 6 and those aged 30 or older from June 20.
Vaccinations of 30-year-olds should be completed by the end of July, Gouveia e Melo said. "At that stage, we will start vaccination of people over 20."

Published 01 Jun, 2021 07:03pm

World

Consider global shortages before giving COVID-19 shots to teens, EU body says

Last week, the EU drugs regulator authorised Pfizer and partner BioNTech SE's COVID-19 vaccine for children as young as 12. Its previous guidance was for adults aged 16 and above.
Studies show most under-20s who catch COVID-19 have only mild symptoms, but risks increase among those with underlying conditions such as neurological and pulmonary diseases, the ECDC said.

Published 01 Jun, 2021 07:01pm

World

Indian doctors protest 'yoga-beats-Covid' guru

Coronavirus has left at least 330,000 people dead in India, including more than 1,200 doctors, according to the Indian Medical Association.

Published 01 Jun, 2021 06:59pm

World

Hong Kong regulators tells banks, asset managers to get staff vaccinated

Authorities in the financial hub are struggling to boost the inoculation rate among the city's 7.5 million population, and Hong Kong's government, on Monday, said it would offer vaccinated civil servants two days off as an incentive for getting a shot.

Published 01 Jun, 2021 06:58pm

Business & Finance

Abbott cuts 2021 profit forecast on lower COVID-19 testing demand

"This has been driven by several factors, including significant reductions in cases in the US and other major developed countries, accelerated rollout of COVID-19 vaccines globally and, most recently, US health authority guidance on testing for fully vaccinated individuals," the drugmaker said.
Abbott sees second-quarter adjusted profit from continuing operations of at least $1 per share, compared with analysts' estimates of $1.23 per share.

Published 01 Jun, 2021 06:51pm

Business & Finance

Eurozone inflation hits near three-year high in May

The rise in inflation was widely expected but will rattle investors after consumer prices in the US made their biggest leap since 2008, fuelling fears that the economy was overheating.

Published 01 Jun, 2021 04:59pm

Markets

Crude, equities advance on recovery optimism

The euro traded mixed on the data, while eurozone stock markets rallied.

Published 01 Jun, 2021 04:51pm

Pakistan

Philippines extends ban on inbound travel from several countries including Pakistan

Philippines president has prolonged partial coronavirus curbs in the capital and nearby provinces until mid-June
Extends ban on inbound travel from India, Pakistan, Sri Lanka, Bangladesh, Nepal, Oman, UAE until June 15

Published 01 Jun, 2021 03:38pm

Markets

Japanese shares inch down as investors await key US economic data

The underperformers among the Topix 30 were Takeda Pharmaceutical Co Ltd, falling 1.72%, followed by Recruit Holdings losing 1.66%.

Published 01 Jun, 2021 12:02pm

Markets

Australian shares slide on rising COVID-19 cases; tech stocks drag

Across the Tasman sea, New Zealand's benchmark NZX 50 index was largely unchanged, trading down 0.1% to 12,308.3.

Published 01 Jun, 2021 11:50am

Pakistan

PM says Sindh can extend lockdown restrictions by another week

Premier says provinces are independent in making their decisions with regards to controlling spread of Covid-19

Published 01 Jun, 2021 11:35am

World

Polisario leader to be quizzed by Spanish judge

The Polisario Front has long fought for the independence of Western Sahara, a desert region bigger than Britain which was a Spanish colony until 1975.

Published 01 Jun, 2021 10:48am

World

Malaysia imposes lockdown as Southeast Asia battles virus surge

Travel between most parts of the country had already been banned for months.

Published 01 Jun, 2021 10:40am

Sports

UEFA betting on Euro 2020 success despite challenge of pandemic

Following the unprecedented decision to postpone the competition in March last year at the start of the pandemic, the health crisis is not over and Covid-19 will continue to cast a shadow over this European Championship.

Published 01 Jun, 2021 10:22am

World

EU, UK raise doubts about Covid weapons patent waiver

Agreements at the WTO require the consensus backing of all 164 member states.

Published 01 Jun, 2021 10:04am

BR Research

Oil rebalancing

After stabilizing, oil seems to be entering a stronger phase or maybe its learning to live with the pandemic; not...

Published 01 Jun, 2021 07:35am

Pakistan

COAS emphasizes resolve to confront global phenomenon of terrorism

QUETTA: Chief of Army Staff (COAS) General Qamar Javed Bajwa visited Command & Staff College (C&SC), Quetta...