Trends - EU - Business Recorder

EU

Brexit clouds life in Spanish sun for British second home owners

But since Britain voted to leave the European Union in June 2016, sending sterling down against the euro, demand has slackened.

Published 17 Feb, 2021 11:29am

World

EU bids to ease Ireland's anger over Brexit border move

"The announcement that was made on January the 29th was actually for us probably far greater than a mistake," said Regina Doherty.

Published 16 Feb, 2021 09:24pm

Business & Finance

Johnson & Johnson files for EU vaccine approval

J&J's vaccine has been under a "rolling review" by the EMA since December 1.

Updated 16 Feb, 2021 09:11pm

World

EU sets deadline for Turkey on tax blacklist: diplomats

The EU states had already granted Turkey a grace period until the end of December.

Published 16 Feb, 2021 07:07pm

World

City of London pays early price of hard Brexit

Mark Simpson, an expert on financial services at the law firm Baker & McKenzie, agreed that by the metric of job losses, London did not need to panic yet.

Updated 14 Feb, 2021 05:13pm

World

EU to spare Turkey from tax blacklist

BRUSSELS: The EU is set to give Turkey more time to adhere to its commitments on tax evasion, sources said on ...

Updated 14 Feb, 2021 09:57am

Markets

FranceAgriMer ups wheat export forecast

PARIS: Farm office FranceAgriMer on Wednesday increased its forecast of French soft wheat exports outside the...

Published 14 Feb, 2021 03:49am

World

UK economy suffers record 9.9% slump in 2020 after COVID-19 hit

Britain’s coronavirus-ravaged economy slumped by 9.9% in 2020, the biggest annual crash in output in more than 300 years, but it avoided heading back towards recession at the end of last year and looks to be on course for a recovery in 2021.
Britain’s economy grew 1.2% in December alone, after a 2.3% fall in output in November when there was a partial lockdown, leaving output 6.3% lower than in February before the start of the pandemic, the Office for National Statistics said.

Published 12 Feb, 2021 03:46pm

Business & Finance

EU prolongs regulatory relief for airlines as travel demand falls

The European Union will prolong pandemic-induced regulatory relief for airlines as border closures and lockdown restrictions wipe out air travel.

Published 11 Feb, 2021 05:59pm

World

EU slashes 2021 growth forecast, but eyes big rebound

This was down from the 4.2 percent for 2021 forecast in November.

Updated 11 Feb, 2021 05:48pm

World

Macron floats brokered Airbus-Boeing accord to Biden: report

The European Commission said in response to the move that it "regrets that the United States has chosen to add further EU products to its retaliation list in the WTO Airbus case on aircraft subsidies."

Published 11 Feb, 2021 11:15am

Markets

UK presses EU on finance deal for post-Covid recovery

The EU should instead accept healthy competition, Bailey stressed in his speech.

Published 11 Feb, 2021 11:07am

World

Navalny aides push EU for new Russia sanctions

The move comes after the tit-for-tat expulsion of several European and Russian diplomats as tensions run high over the Navalny affair.

Published 09 Feb, 2021 05:44pm

World

Navalny aides say discussed new Russia sanctions with EU

The video call took place at a time of heightened tensions between the European Union and Russia, exacerbated by the arrest and jailing of Navalny.

Published 09 Feb, 2021 12:56pm

World

Britain, EU urge UN Human Rights Council special session on Myanmar

The call comes came a week after Myanmar's generals conducted a coup in the country.

Published 08 Feb, 2021 08:01pm

World

EU tells Hungary to change procurement, cites ‘systemic’ fraud

The European Commission is mandated with managing the 750-billion-euro scheme and has already told several EU states their proposals for spending their part of the funds must be improved.
Competition in public procurement is insufficient in practice," said the document, adding that that was linked to "systemic irregularities".

Published 08 Feb, 2021 05:38pm

World

EU to Hungary: change procurement to bar ‘systemic’ fraud from recovery stimulus

The European Commission is mandated with managing the 750-billion-euro scheme and has already told several EU states their proposals for spending their part of the funds must be improved.
The document called specifically for improved data transparency and accessibility, arguing that that would lead to a fairer and more open procurement process.

Published 08 Feb, 2021 05:14pm

Business & Finance

Electric vehicle sales surge in EU amid Covid slump

Some 538,772 fully electric autos were sold across the bloc, up 117 percent from 2019, while sales of plug-in hybrids more than tripled.

Published 04 Feb, 2021 05:58pm

World

Macron makes 'end of summer' vaccine pledge to France

He told the TF1 channel that 80 percent of care-home residents -- some 500,000 people -- would be vaccinated by early March.

Published 03 Feb, 2021 09:43am

World

EU to temporarily withdraw staff from Northern Irish ports

We asked them not to attend their duties today, and we will continue to monitor the situation and adapt accordingly.
Northern Ireland temporarily suspended some inspections at two ports late on Monday after a local council withdrew staff over concerns for their safety .

Published 02 Feb, 2021 05:45pm

World

Open the doors to City of London, UK lobby tells EU

So far, the EU has allowed data, critical in industries like financial services, to move freely until June pending its consideration of longer term arrangements.

Published 02 Feb, 2021 11:27am

World

Iran's Zarif hints at way to bridge nuclear deal impasse

After abandoning the deal, Trump reimposed US sanctions and imposed new US economic penalties on Iran.

Published 02 Feb, 2021 10:31am

World

EU disease agency launches Covid vaccine tracker

STOCKHOLM: The EU’s disease agency launched a Covid-19 vaccine tracking tool on Monday, providing an overview of...

Published 02 Feb, 2021 04:29am

$15.7bn Apple tax judgment: EU claims court errors in bid to overturn

BRUSSELS: EU antitrust enforcers have claimed a court made legal errors when it scrapped their order for iPhone ...

Published 02 Feb, 2021 04:29am

World

EU says Pfizer/BioNTech to deliver 75 million extra vaccine doses in second quarter

"BioNTech/Pfizer will deliver 75 million of additional doses in the second quarter of the year - and up to 600 millions in total in 2021," von der Leyen wrote on Twitter.

Published 01 Feb, 2021 02:48pm

World

Irish freight volumes to EU ports doubled in first month of Brexit

Most of the new direct routes to the continent were launched to and from the southeastern Irish port of Rosslare and in a separate statement, it said its European freight traffic rose 446% year-on-year in January.

Published 01 Feb, 2021 10:53am

World

Germany threatens legal action over vaccine delays

Last week, Italy threatened legal action against US pharmaceutical firm Pfizer over delays to promised deliveries of its vaccine.

Updated 31 Jan, 2021 06:48pm

World

Britain must decide political relationship with EU: Macron

The French president said he hoped ultimately that Boris Johnson would continue to see Europe and Britain's futures were linked.

Published 30 Jan, 2021 08:50pm

World

EU adopts Covid-19 vaccine export control scheme

BRUSSELS: The European Commission on Friday launched a scheme to monitor and in some cases bar exports of vaccines...

Published 30 Jan, 2021 03:55am

Pakistan

TDAP gets GI registration certificate for Basmati

KARACHI: Trade Development Authority of Pakistan received the geographical indication (GI) registration tag from IPO...

Published 29 Jan, 2021 04:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	155.98
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / May 1	5018.39
India Sensex / May 1	74482.78
Tokyo Nikkei / May 1	38093.34
Nasdaq / May 1	15605.48
Hang Seng / May 1	17763.03
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	79.18
Gold Spot USD/Ounce / May 1	2324.96
Cotton US¢/pound / May 1	76.51
Petrol/Litre / May 2	288.49

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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