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EU

EU to consider making good on sanctions threat against Turkey

There are limits even to German patience," said a EU diplomat familiar with the preparations for the summit.

Published 07 Dec, 2020 10:05am

Last-ditch effort to save Brexit trade talks from failure

"We know that 100 percent access to fishing waters in the UK maritime zone is finished," European Affairs minister Clement Beaune told le Journal du Dimanche.

Updated 06 Dec, 2020 06:22pm

World

PM Johnson and EU chief seek to break Brexit impasse

If the two sides fail to reach a deal, the five-year Brexit divorce will end messily just as Britain and Europe grapple with the vast economic cost of the COVID-19 outbreak. *“We keep calm, as always, and if there is still a way, we will see,” EU chief negotiator Michel Barnier told broadcasters in London as he left for Brussels.

Published 05 Dec, 2020 07:59pm

World

EU antitrust regulators order Italy to end tax exemptions for ports

The European Commission, whose decision came after a year-long investigation, said profits earned by port authorities from economic activities must be taxed under normal corporate tax laws.

Published 04 Dec, 2020 06:20pm

Technology

More than 400 lawmakers from 34 countries back 'Make Amazon Pay' campaign

“We urge you to act decisively to change your policies and priorities to do right by your workers, their communities, and our planet,” the letter said.

Published 04 Dec, 2020 04:04pm

Pakistan

Pakistani flights denied by EU once again

In June, the European Union Aviation Safety Agency (EASA) had banned the national flag carrier from flying to European locations over safety concerns. The EASA took the initiative days after PIA grounded several pilots over "dubious qualifications licenses" and in view of the PIA Airbus crash incident on May 22.

Updated 03 Dec, 2020 08:05pm

World

Brexit negotiations restart in person as clock ticks down

EU negotiator Michel Barnier arrived for talks in London on Saturday morning. He said on Friday night that he was “very happy” to be back in the city and would keep working with “patience and determination”.

Published 28 Nov, 2020 03:26pm

World

EU drafts deal to upgrade 2030 climate change target next month

The current 2030 target for EU members, who together make up the European Council, is a 40% cut in emissions from 1990 levels, already higher than the amount pledged by other big emitters such as China and the United States.

Published 25 Nov, 2020 03:47pm

World

EU demands China reverse rules on Hong Kong lawmakers

"These latest steps constitute a further severe blow to political pluralism and freedom of opinion in Hong Kong," the EU statement said.

Published 12 Nov, 2020 06:01pm

World

EU proposes new agency for future health crises

Since the Covid-19 arrived, Europe has suffered at least 311,000 deaths from more than 13 million infections.

Published 11 Nov, 2020 05:37pm

Technology

EU Funds $70.1m Biometric Tech to Send Back African Migrants

The European Union development fund has funded biometric identity systems worth $70.1 million in Senegal and Ivory Coast to identify and send back undocumented citizens residing in Europe.

Updated 11 Nov, 2020 01:31pm

World

European leaders to discuss initiative against Islamist extremism: sources

Austria and France have been hit by deadly attacks in recent weeks, which their leaders have described as “terrorist” acts.

Published 09 Nov, 2020 06:19pm

World

UK, EU resume crunch Brexit talks in London

Britain formally left the bloc in January but remains bound by most of its rules until the end of the year under the terms of its divorce.

Published 09 Nov, 2020 05:52pm

Markets

EU warns no return to pre-crisis economy before 2023

The European Commission said the eurozone economy would expand by just 4.2 percent next year, much lower than the 6.1 percent it predicted in July.

Published 05 Nov, 2020 05:45pm

World

No breakthrough as EU, UK locked in crunch talks

The EU, in parallel to the post-Brexit negotiations, last month launched legal action against Britain over the bill.

Published 03 Nov, 2020 07:16pm

Markets

Pakistan amongst countries affected by second wave of COVID-19, says Qureshi

FM says Pakistan has fulfilled 21 out of 27 FATF requirements while efforts are on to achieve the remaining six obligations

Published 03 Nov, 2020 05:58pm

World

Two children among four dead after migrant vessel capsizes in Channel

The issue has been a source of tension, with Britain accusing France of not doing enough to stop the crossings.

Published 27 Oct, 2020 11:29pm

Markets

UK-EU Brexit talks back on as clock ticks to trade deadline

We are ready to welcome the EU team to London to what we would term intensified negotiations, Prime Minister's official spokesman said.

Published 22 Oct, 2020 06:25pm

Markets

EU begins legal action over Cyprus, Malta 'golden passports'

The two countries have two months to respond to the commission's formal notice of action, after which further measures may be taken.

Published 20 Oct, 2020 06:07pm

Markets

Pakistan, EU agree to strengthen engagement at multiple levels

Foreign secretary says Pakistan wants to expand the existing collaboration, especially in trade, investment, education, science and technology, people-to-people contacts, human rights and development cooperation

Updated 07 Oct, 2020 07:33pm

Markets

EU takes action over UK's blow to Brexit bill

London now has a month to reply to the Commission’s formal letter of complaint and even more time to change tack before the Brussels-based executive can sue at the bloc’s top court.

Published 03 Oct, 2020 03:57pm

World

Anger from Moscow, Minsk as EU sanctions Belarus

Lukashenko is the most glaring omission from the sanctions list.

Published 02 Oct, 2020 07:42pm

World

EU leaders talk Turkey as crisis festers

German Chancellor gave a sober assessment, insisting that diplomacy was still the best way forward.

Published 02 Oct, 2020 01:39am

World

EU slams Hungary and Poland in rule of law report

The assessment prepared by the European Commission, the bloc's executive, voices "serious concern" about judicial independence in both Hungary and Poland.

Published 30 Sep, 2020 07:56pm

World

France opposes return to pre-virus EU deficit rules

But opponents of the pact, which was toughened during the eurozone debt crisis, believe that they impose needless austerity on national economies.

Published 22 Sep, 2020 07:30pm

Markets

UK rejects EU call to back down over Brexit bill

However, House of Representatives Speaker Pelosi gave short shrift to any hopes of Congress ratifying a future trade deal if Britain ploughs ahead with the new Brexit bill.

Published 10 Sep, 2020 11:43pm

World

EU chief urges member nations to 'speed up' Belarus sanctions

But EU sanctions require unanimity and Cyprus demands that existing measures against Ankara be extended.

Published 10 Sep, 2020 01:01am

World

Sour grapes in Slovenia over EU court's wine ruling

"Slovenia regrets the Court's ruling, will examine it and decide about further steps," an agriculture ministry statement said.

Published 10 Sep, 2020 12:56am

World

EU reserves 200 million more coronavirus vaccines

Labs around the world are racing to produce a vaccine to help end the worst health crisis in over a century.

Published 09 Sep, 2020 05:55pm

World

UK under fire as Brexit trade talks resume with EU

Britain left the 27-member EU on January 31 but remains bound by its rules until December 31.

Published 08 Sep, 2020 05:47pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.78
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 10	5222.68
India Sensex / May 10	72664.47
Tokyo Nikkei / May 10	38229.11
Nasdaq / May 10	16340.87
Hang Seng / May 10	18963.68
FTSE 100 / May 10	8433.76
Dow Jones / May 10	39512.84
Germany DAX 30 / May 10	18772.85

Item	Value
Crude Oil USD/Barrel / May 10	78.26
Gold Spot USD/Ounce / May 10	2360.50
Cotton US¢/pound / May 10	77.31
Petrol/Litre / May 11	288.49
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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