Trends - Europe - Business Recorder

Europe

Stranded Suez Canal ship re-floated, undergoing checks: sources

The 400-metre (430-yard) long Ever Given has been straightened in the canal and will undergo initial inspections before being moved, two sources said.

Updated 30 Mar, 2021 03:27am

World

England resumes outdoor gatherings as Covid lockdown eases

"And as things stand, I can see absolutely nothing in the data to dissuade me from continuing along our roadmap to freedom, unlocking our economy and getting back to the life we love," Johnson said on Saturday.

Published 29 Mar, 2021 09:48am

Markets

Canadian dollar hits 2-week low as wider yield spreads weigh

Canadian small business sentiment soared in March, data showed. The CFIB Business Barometer Index rose to 68.2 from 62.5 in February, its highest level in nearly 10 years.

Published 26 Mar, 2021 11:17am

World

EU court rejects Deutsche Telekom, Slovak unit's EU antitrust fines appeals

Therefore remain unchanged," the Luxembourg-based Court of Justice of the European Union (CJEU) said.

Published 25 Mar, 2021 01:51pm

Markets

Dollar extends four-month high to euro as recovery outlooks diverge

"A significant delay to Europe's re-opening efforts will only widen the divergence between the economic outlook in Europe and the US," putting additional pressure on the euro, she said.

Published 25 Mar, 2021 11:25am

World

Locked-down Europe: cash to spend, nowhere to spend it

"This underpins our cautious outlook for private consumption, which we do not see returning to pre-crisis levels before the end of 2022," it concluded.

Published 24 Mar, 2021 12:32pm

Markets

Australia, NZ dollars swept lower as markets re-think rate outlooks

However, the conservative government has often ruled out any changes to taxes for investment in housing and is unlikely to follow New Zealand's example.

Published 24 Mar, 2021 12:00pm

Business & Finance

Intel to spend $20bn on new US chip plants

The hedge fund has told the company it should consider outsourcing its manufacturing operations to keep pace with rivals in the sector such as Taiwan-based TSMC and South Korean giant Samsung.

Published 24 Mar, 2021 10:32am

World

Paris enters new lockdown as Europe resumes AstraZeneca jabs

Worries that AstraZeneca's Covid-19 vaccine may cause blood clots had seen countries pause its use recently.

Published 20 Mar, 2021 05:38pm

World

Fresh lockdowns in Europe as EU threatens AstraZeneca export ban

The pandemic is still speeding up worldwide, with the number of new Covid-19 infections rising globally by 14 percent over the past week.

Published 20 Mar, 2021 05:09pm

World

Twenty years on, EU turns cold on Mercosur trade deal

However, that would coincide with French President Emmanuel Macron's campaign for re-election in a potentially tight race, in which a Mercosur deal could cost him support.

Published 19 Mar, 2021 11:21am

World

Major EU nations halt AstraZeneca as WHO says it is safe

The European Medicines Agency (EMA), which is holding a special meeting on Thursday, echoed the WHO's calls for calm and said it was better to get the vaccine than not.

Published 16 Mar, 2021 10:25am

World

Jabs in isolation: How a remote Portuguese island dodged Covid

By Saturday, almost its entire 400-strong population had been vaccinated, its only doctor rejoicing as people lined up at a sports complex for their second Pfizer dose.

Published 16 Mar, 2021 09:32am

Markets

Former Commerzbank CEO launches fintech SPAC in Amsterdam

The SPAC of Blessing, a former co-president of UBS' Global Wealth Management unit, comes on the heels of former UniCredit boss Jean-Pierre Mustier's announcement to list a shell company in Europe.

Published 15 Mar, 2021 02:57pm

World

Ireland latest country to suspend AstraZeneca COVID-19 vaccine

Ireland became the latest country to stop using AstraZeneca’s COVID-19 vaccine on Sunday, temporarily suspending the shot “out of an abundance of caution” after reports from Norway of serious blood clotting in some recipients there. Denmark, Norway and Iceland have suspended the use of the vaccine over clotting issues, while Thailand became the first country outside of Europe to do so on Friday, delaying its AstraZeneca rollout over the safety concerns in Europe

Published 15 Mar, 2021 09:49am

World

India reviews AstraZeneca side effects after concerns in Europe

Denmark, Norway and Iceland paused use of the drugmaker's shot as a precaution after isolated reports of recipients developing blood clots.

Published 13 Mar, 2021 06:23pm

World

South Asia rated as most polluted region despite improvement in air quality globally: Report

Report highlights unprecedented clean air as a result of short term COVID-19 lockdown measures, as well as extreme pollution episodes related to climate change, such as wildfires and sandstorms
Only 24 countries out of 106 met World Health Organization (WHO) annual guidelines for PM2.5 in 2020

Published 11 Mar, 2021 05:12pm

Business & Finance

UK jobs market is 'sick man of Europe'

LONDON: Britain's labour market is "the sick man of Europe" despite the nation's rapid coronavirus vaccination drive...

Published 10 Mar, 2021 04:59am

World

Swiss agree to outlaw facial coverings in ‘burqa ban’

France banned wearing a full face veil in public in 2011 and Denmark, Austria, the Netherlands and Bulgaria have full or partial bans on wearing face coverings in public.

Published 08 Mar, 2021 10:56am

World

Irish foreign minister to meet Iran's Rouhani on nuclear deal

Iran has so far refused to take part in a meeting brokered by the European Union between world powers and the United States on reviving its 2015 JCPOA nuclear deal.

Published 06 Mar, 2021 10:45am

World

Covid cases rising again in Europe: WHO

WHO's Europe region comprises 53 nations and vaccination drives have begun in 45.

Published 04 Mar, 2021 04:47pm

Business & Finance

Exxon to cut 7% of Singapore workforce amid 'unprecedented market conditions'

The city-state will remain a strategic location for the company, it said.

Published 03 Mar, 2021 10:32am

Markets

Europe less at risk of inflation and rate fears: analysts

However, many analysts are sceptical that Biden's stimulus programme will spark considerable inflation.

Updated 28 Feb, 2021 04:59pm

World

EU leaders debate push to boost defences

The alliance with North America, which includes 21 EU members, has been the bedrock for European security since it was founded over seven decades ago to confront the Soviet Union.

Published 26 Feb, 2021 10:40am

Business & Finance

Australia lifts ban on Boeing 737 MAX, first in Asia-Pacific region

Boeing said on Friday it was working with regulators and customers to return the 737 MAX to service safely worldwide.

Published 26 Feb, 2021 09:37am

World

Ukraine takes Russia to Europe rights court over 'targeted assassinations'

Ukraine argues that they constitute an infringement of the right to life, which is protected by the Convention on Human Rights, to which Russia is a signatory.

Published 23 Feb, 2021 04:53pm

Sports

UK not offering to host European Championship, Hancock says

Asked about the report on Sky News, Hancock replied: "I haven't seen anything on that, I understand that that's not right."

Updated 21 Feb, 2021 02:20pm

Business & Finance

Ford launches $1-bn drive to go electric in Europe

Ford said its first European-built all-electric passenger vehicle for European customers would be produced at the facility from 2023.

Published 17 Feb, 2021 04:43pm

Opinion

China overtakes US…

This is apropos a Business Recorder news item “China overtakes US as EU’s biggest trading partner” carried by...

Published 17 Feb, 2021 04:24am

World

Plans afoot for Biden to join virtual Munich Security Conference: source

U.S. President Joe Biden has been invited to address a virtual edition of the annual Munich Security Conference on Feb. 19 and plans are being made for him to do so, a diplomatic source told Reuters on Thursday.

Updated 11 Feb, 2021 09:24pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 29	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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