Trends - Europe - Business Recorder

Europe

Canada's first case of Brazilian virus strain detected

The resident with the South African strain had no recent travel history and no known contact with any recently returned travelers, TPH added.

Published 08 Feb, 2021 10:01am

World

WHO urges collaboration to speed up Europe vaccinations

The milestone of 100 million vaccine doses administered was passed on Tuesday, with 65 percent of jabs given in high-income countries, according to World Bank criteria.

Published 05 Feb, 2021 10:34am

World

WHO says virus 'catastrophic' for cancer care in Europe

In the Netherlands and Belgium during the first lockdown of 2020, the number of cancers diagnosed dropped by 30-40 percent.

Published 04 Feb, 2021 05:07pm

World

In first for Europe, Iran envoy sentenced to 20-year prison term over bomb plot

Assadolah Assadi was found guilty of attempted terrorism after a foiled plot to bomb a rally of the NCRI near Paris in June 2018.
The third counsellor at Iran’s embassy in Vienna, he was arrested in Germany before being tranfered to Belgium for trial.

Updated 04 Feb, 2021 05:30pm

Business & Finance

Saudis Oil Prices discriminate between US, Europe and Asia

Saudi Arabia leaves oil pricing unchanged for its main markets in Asia in March, while raising it for markets in the United States and Europe.

Updated 04 Feb, 2021 04:13pm

Markets

Euro zone economy coping better with second lockdown: ECB

Overall employment was also likely to trend downward due to lower sales but much of this can be managed with voluntary redundancies and early retirement, the ECB added.

Published 03 Feb, 2021 02:03pm

World

SUVs demand increase in Europe despite shift towards EV

Both South Korean companies Hyundai and Kia led the pack, making up 39% of battery-electric SUV and crossover volumes in 2020.
SUVs and crossovers are even more popular with hybrid buyers — accounting for 53% of plug-in hybrid electric-vehicle volumes last year.

Published 02 Feb, 2021 02:52pm

World

Tesla losing its dominance in electric vehicle market

The American auto giant was comfortably topping the European EV charts in 2019.
In 2020, it delivered nearly 98,000 vehicles and made up just 13% of the European market.

Published 02 Feb, 2021 02:00pm

Business & Finance

Volkswagen Sales Surpassed Tesla in Europe Last Year

Volkswagen AG surpassed Tesla in battery-electric vehicle sales last year in Europe.

Published 01 Feb, 2021 03:53pm

Business & Finance

Virus pushes French economy into deep recession

The government for its part had estimated the economy would shrink by a much worse 11 percent for the year.

Published 29 Jan, 2021 02:24pm

Business & Finance

Spain economy shrinks 11% in 2020: statistics institute

The economy rebounded strongly during the summer but activity soon slowed, particularly in the tourism sector as infections began rising and new restrictions were imposed to combat the second wave.

Published 29 Jan, 2021 02:14pm

World

Too early to ease virus curbs in Europe, says WHO

Thirty countries have seen a significant decrease in 14-day cumulative incidence... Yet, transmission rates across Europe are still very high.

Published 28 Jan, 2021 04:35pm

World

UN seeks $100mn to aid African migrants en route to Europe

The sea crossing itself is not the only dangerous part of the journey for many of the refugees and migrants trying to make their way to Europe.

Published 27 Jan, 2021 05:59pm

World

New Covid-19 wave slows recovery in Europe: IMF

The euro area is now expected to see GDP expand by 4.2 percent this year, a full point lower than projected in October, the IMF said.

Published 26 Jan, 2021 08:06pm

World

UK sells arms to 80% of countries under restrictions: Report

British officials have approved the sale of arms to nearly four-fifths of countries subject to arms embargos, sanctions and other restrictions, over the past five years.
The United Kingdom has exported military hardware to 58 countries, out of 73 listed as subject to restrictions by the Department for International Trade, including Pakistan, Kenya and China.

Updated 26 Jan, 2021 07:27pm

World

Sweden extends recommendation against travel outside of Europe until April 15

There is a lot of uncertainty, and it's not possible to predict when it will be possible to travel safely.

Published 26 Jan, 2021 02:08pm

Markets

Tokyo stocks close lower ahead of earnings

In Tokyo, Toyota dropped 2.30 percent to 7,500 yen with Nissan down 2.02 percent at 538.4 yen.

Published 26 Jan, 2021 12:57pm

World

Paris says Biden, Macron in agreement on Covid, climate change

Earlier this week, Macron had lauded Biden's decision to return to the Paris climate accord.

Published 25 Jan, 2021 11:18am

World

Biden to reinstate Covid travel bans: White House official

The milestone was reached only five days after the US, the world's wealthiest and hardest-hit nation, recorded 400,000 deaths from the disease.

Published 25 Jan, 2021 10:58am

World

‘Steam’ fined for geo-blocking video games in Europe

BRUSSELS: The EU fined the operator of Steam, the world’s largest video game distribution platform, and five...

Published 25 Jan, 2021 04:23am

Markets

Buyers of US LNG expected to cancel up to five cargoes for March

But with temperatures expected to get warmer post-winter, spot prices for cargoes delivered into North Asia in March have fallen to less than half the average price of cargoes to be delivered in February.

Published 22 Jan, 2021 11:55am

Markets

Buyers of US LNG expected to cancel up to five cargoes for March

But with temperatures expected to get warmer post-winter, spot prices for cargoes delivered into North Asia in March have fallen to less than half the average price of cargoes to be delivered in February.

Published 21 Jan, 2021 08:45pm

Business & Finance

Norway ready to help save Norwegian Air

Norwegian, Europe's third largest low-cost airline until the pandemic paralysed global air transport last year, has seen its debt and losses pile up since 2017.

Published 21 Jan, 2021 05:13pm

Sports

Tokyo Olympics 'unlikely', says London 2012 official

"I don't think it will be cancelled," Coe told Sky News. "It'll be a challenge, we know. It's pretty self-evident. There will be adaptations."

Published 20 Jan, 2021 09:38am

Business & Finance

Europe 2020 auto sales plunge 23.7%: industry group

The market for private cars plunged 23.7 percent to 9,942,509 vehicles.

Published 19 Jan, 2021 12:27pm

World

Europe seeks to ease vaccine concerns as virus curbs intensify

PARIS: Officials sought to ease concerns in Europe on Sunday about deliveries of coronavirus vaccines as nations...

Published 18 Jan, 2021 04:10am

World

Dutch government resigns over childcare subsidies scandal

The Dutch government, led by Prime Minister Mark Rutte has resigned over the childcare subsidies scandal.
A report last month revealed that around 10,000 families in the Netherlands had been forced to repay tens of thousands of euros worth of subsidies, after being falsely accused of fraud.

Updated 15 Jan, 2021 07:36pm

World

AstraZeneca lung cancer drug approved for new dosing regimen in EU, UK

The company said that an additional dosing option of a 1,500mg fixed dose every four weeks was approved.

Published 15 Jan, 2021 03:17pm

Business & Finance

Telefonica sells mobile phone masts in Europe, Latin America for 7.7bn euros

Telefonica's debt stood at 36.7 billion euros at the end of September.

Published 13 Jan, 2021 05:43pm

Markets

Oil prices extend gains after US inventory drop

Crude inventories in the US dropped by 5.8 million barrels last week to around 484.5 million barrels, data from the American Petroleum Institute showed late on Tuesday.

Published 13 Jan, 2021 11:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01
France CAC40 / Apr 26	8088.24
India Sensex / Apr 29	74257.68

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

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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