Trends - COVID19 - Business Recorder

COVID19

Spain's Reig Jofre to manufacture J&J's COVID-19 vaccine in Barcelona

Under the terms of the agreement, Reig Jofre said it will be responsible for the formulation, filling and packaging of the vaccine, while Janssen will handle distribution.
Shares in the Spanish group surged 17% in early trade to 4.41 euros ($5.35) a share.

Published 15 Dec, 2020 03:30pm

World

Amid pandemic, Jakarta burials 61% higher in first 10 months of 2020

The Eijkman-Oxford study, led by biostatistician Dr. Iqbal Elyazar noted that “burial records indicated substantially increased mortality associated with the onset of and ongoing COVID-19 epidemic in Jakarta”.
Jakarta, a sprawling metropolis that is home to more than 10 million people, has officially recorded more than 154,000 cases of the coronavirus as of Dec. 14, with 2,963 deaths from COVID-19 since the start of the pandemic.

Published 15 Dec, 2020 03:14pm

World

Jordan approves Pfizer-BioNTech Covid vaccine

Jordan's green light for the Pfizer vaccine follows those of Bahrain and Saudi Arabia and came six days after Britain launched the world's first mass innoculation campaign using the vaccine.

Published 15 Dec, 2020 02:52pm

Pakistan

2,459 new Coronavirus cases reported; 73 deaths in past 24 hours

The maximum ventilators were occupied in four major areas including Multan 54 percent, ICT 42 percent, Peshawar 26 percent and Lahore 33 percent.

Updated 15 Dec, 2020 03:34pm

Pakistan

COVID-19 treatment: Pakistan likely to be first to complete ‘immunoglobulin therapy research’

The therapy uses immunoglobulin (IG), which is rich in the antibodies that target the virus.
In June, DUHS started trial of the therapy on 30 participants, most from the high-risk group of people above the age of 60, with many suffering from diabetes, hypertension and other comorbidities.

Updated 16 Dec, 2020 09:32pm

World

UK unemployment rate rises to 4.9%: official data

The number of UK redundancies meanwhile soared by a record 370,000 in the three months to October, despite an easing in the last month of the period.

Published 15 Dec, 2020 12:52pm

Pakistan

40 percent Pakistanis say they will not get COVID-19 vaccine if it becomes available: Survey

The percentage of people saying they would vaccinate themselves has decreased from 62 percent in November to 60 percent in December
Survey reveals 34 percent respondents are worried about side effects, 22 percent are against vaccines in general and 15 percent believe a vaccine would not be effective

Published 15 Dec, 2020 12:30pm

Markets

Gold firms as US stimulus progress weighs on dollar

Investors now await policy meetings of the Fed starting on Tuesday and the Bank of England on Thursday.

Published 15 Dec, 2020 12:25pm

World

UK reports 20,263 new COVID cases, 7-day total up 22%

8 The country reported 232 new deaths from the disease, with the seven-day total rising to 2,984, almost unchanged from the previous seven days.

Published 15 Dec, 2020 12:19pm

Markets

EMERGING MARKETS-Asian stocks slip on virus case surge; ringgit weakens

Thailand's 10-year government bond yields are down 4 basis points at 1.22%.

Published 15 Dec, 2020 12:12pm

Markets

Indian shares fall as investors book profits after sharp rally

8 The Nifty Bank Index fell 1.05%, with ICICI Bank declining 1.5%. The stock was among the top drags to the Nifty 50.

Published 15 Dec, 2020 11:54am

Business & Finance

Fed will be tested in 2021 as vaccines boost US economic outlook

If markets push up long-run interest rates a bit to reflect expectations for future faster growth, the Fed likely wouldn't change course.

Published 15 Dec, 2020 11:49am

World

Biden says Trump 'refused to respect the will of the people'

"The flame of democracy was lit in this nation a long time ago. And we now know nothing, not even a pandemic or an abuse of power can extinguish that," Biden said.

Published 15 Dec, 2020 11:09am

Pakistan

Pakistan reports 2,459 new coronavirus cases, 73 deaths in 24 hours

There are currently 48,008 active cases across the country.
The country also reported 1,614 recoveries from the virus.

Updated 15 Dec, 2020 11:38am

World

Teachers should receive vaccine priority: UNICEF

Assuming that schools are not the main driver of community transmission, UNICEF said in its statement that unfortunately, classes currently remain closed for "nearly one in five schoolchildren globally -- or 320 million children."

Published 15 Dec, 2020 10:38am

World

'Race against time': First Americans vaccinated as US death toll passes 300,000

US top infectious disease expert Dr. Anthony Fauci told MSNBC on Monday that Americans with no heightened risk factors could expect to get vaccinated by late March or early April.

Published 15 Dec, 2020 10:05am

Markets

Nikkei slips as rising COVID-19 infections sap risk appetite

Capcom rose 1.4% while GungHo Online Entertainment addde 1.6%. Gree gained 3.2% and Koei Tecmo added 1.6%.

Published 15 Dec, 2020 10:03am

Technology

Facebook, Twitter face British fines if fail on harmful content

Dowden said the framework would give large digital businesses "robust rules" to follow.

Published 15 Dec, 2020 09:39am

World

Pelosi, Mnuchin discuss COVID-19 relief, spending bill: Pelosi spokesman

Pelosi reiterated Democratic concerns about liability provisions in the COVID-19 relief bill, and told Mnuchin that remaining unresolved items in the spending bill could be resolved easily, Pelosi spokesman Drew Hammill wrote on Twitter.

Published 15 Dec, 2020 09:38am

Business & Finance

China's factory recovery steps up as export, consumer demand grows

"We expect 7% GDP growth in 2021 from 1.7% in 2020," said Iris Pang, ING's Chief Economist for Greater China, by email.

Published 15 Dec, 2020 09:26am

World

Pfizer vaccines reach 141 of 145 locations slated for first day deliveries

US officials are hoping Moderna Inc's COVID-19 vaccine, which is currently being reviewed by US regulators, will be available for distribution as early as the beginning of next week, Perna said.

Published 15 Dec, 2020 09:05am

World

China reports 17 new COVID-19 cases vs 16 a day earlier

The total number of confirmed COVID-19 cases in China now stands at 86,758. The death toll remains unchanged at 4,634.

Published 15 Dec, 2020 09:01am

Markets

Dollar heavy amid stimulus progress, pound buoyed by Brexit hopes

The Aussie rose 0.1% to 75.372 US cents after touching the highest since June 2018 at 75.780 on Monday.

Published 15 Dec, 2020 08:56am

World

U.S. Congress in sprint to fund government, approve COVID-19 emergency aid

The U.S. Congress will try this week to end months of indecision and infighting over the federal government’s budget priorities and coronavirus aid, with more than $2 trillion in funding from Washington potentially at stake.
Without a deal, the government must begin shutting non-emergency programs and furloughing many workers.

Published 14 Dec, 2020 08:34pm

World

Toronto hospital to begin COVID-19 vaccinations on Monday

Vaccines have arrived at the Toronto's University Health Network hospital and a "small number" will receive the shots, he added.

Published 14 Dec, 2020 08:26pm

World

Mexico says Pfizer vaccine doses could arrive in 5-8 days

"The request is being made today, and according to our contract, we could have it here in a period of something like five to eight days,"

Published 14 Dec, 2020 08:21pm

World

Germany's stricter lockdown increases recession risks

The economy rebounded by a stronger-than-expected 8.5pc in the third quarter, driven by higher consumer spending and booming exports.

Published 14 Dec, 2020 08:17pm

World

London to move into toughest tier of COVID-19 restrictions – report

More than 40% of citizens were placed in the highest risk category.
“Moving into Tier 3 before Christmas will be deeply disappointing for Londoners, and a terrible blow to the capital’s hospitality, leisure and cultural sectors,” said John Dickie, Director of Strategy and Policy at business campaign group London First.

Published 14 Dec, 2020 08:12pm

Markets

C$ firms as risk appetite rises on vaccine, Brexit optimism

In the bond market, Canadian government bonds were higher across the board in line with U.S. Treasuries.

Published 14 Dec, 2020 07:55pm

World

AstraZeneca UK vaccine trial drops sub-group with children: U.S. trial register

AstraZeneca, which is developing the vaccine along with the University of Oxford, did not immediately respond to a request for comment.

Published 14 Dec, 2020 07:33pm

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Jun 8 Security Investment Bank Limited(SIBL)	5.03 ▲ 1.00 (24.81%)
Zephyr Textile / Jun 8 Zephyr Textiles Limited(ZTL)	9.98 ▲ 0.98 (10.89%)
Haseeb Waqas / Jun 8 Haseeb Waqas Sugar Mills Limited(HWQS)	5.50 ▲ 0.53 (10.66%)
Hussain Industries / Jun 8 Husein Industries Limited(HUSI)	12.55 ▲ 1.00 (8.66%)
Kohinoor Mills / Jun 8 Kohinoor Mills Limited(KML)	52.68 ▲ 3.68 (7.51%)
Colgate Palm / Jun 8 Colgate-Palmolive (Pakistan) Limited(COLG)	1801.55 ▲ 125.69 (7.50%)
Gatron Ind. / Jun 8 Gatron (Industries) Limited(GATI)	281.39 ▲ 19.63 (7.50%)
Khyber Tobacco / Jun 8 Khyber Tobacco Company Limited(KHTC)	489.02 ▲ 34.12 (7.50%)
Sunrays Textile / Jun 8 Sunrays Textile Mills Limited(SUTM)	123.63 ▲ 8.63 (7.50%)
Bunnys Limited / Jun 8 Bunnys Limited(BNL)	16.23 ▲ 1.13 (7.48%)

Stock	Price
Century Paper / Jun 8 Century Paper & Board Mills Limited(CEPB)	30.86 ▼ -24.67 (-44.43%)
Mod. Al-Mali (R) / Jun 8 Modaraba Al-Mali R(MODAMR1)	0.47 ▼ -0.13 (-21.67%)
Sindh Modaraba / Jun 8 Sindh Modaraba(SINDM)	7.20 ▼ -1.00 (-12.20%)
Pak Gulf Leasing / Jun 8 Pak-Gulf Leasing Company Limited(PGLC)	6.55 ▼ -0.84 (-11.37%)
PICIC Ins.Ltd. / Jun 8 PICIC Insurance Limited(PIL)	0.59 ▼ -0.06 (-9.23%)
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	3.53 ▼ -0.35 (-9.02%)
TPL Corp Ltd / Jun 8 TPL Corp Limited(TPL)	5.65 ▼ -0.55 (-8.87%)
JDW Sugar / Jun 8 JDW Sugar Mills Limited(JDWS)	370 ▼ -34.00 (-8.42%)
Bilal Fibres / Jun 8 Bilal Fibres Limited(BILF)	2.25 ▼ -0.19 (-7.79%)
Pak Leather / Jun 8 Pak Leather Crafts Limited(PAKL)	13.18 ▼ -1.07 (-7.51%)

Stock	Volume
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	79,599,537 ▼ -0.04
Unity Foods Ltd / Jun 8 Unity Foods Limited(UNITY)	28,717,723 ▲ 0.73
Telecard Limited / Jun 8 Telecard Limited(TELE)	16,584,665 ▼ -0.31
Pak Int.Bulk / Jun 8 Pakistan International Bulk Terminal(PIBTL)	15,416,500 ▼ -0.18
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	15,277,141 ▼ -0.20
Pak Refinery / Jun 8 Pakistan Refinery Limited(PRL)	11,614,238 ▼ -0.31
Bankislami Pak. / Jun 8 BankIslami Pakistan Limited(BIPL)	11,156,759 ▼ -0.48
TRG Pak Ltd / Jun 8 TRG Pakistan Limited(TRG)	9,934,796 ▼ -4.26
Fauji Foods Ltd / Jun 8 Fauji Foods Limited(FFL)	9,822,229 ▼ -0.11
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	8,850,000 ▼ -0.35

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

COVID19

Most Popular Articles