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European Commission

Oil prices recoup losses on renewed supply worries, dollar weakness

NEW YORK: Oil prices rebounded from earlier losses on Thursday as Chinese officials planned to ease restrictions in...

Updated 19 May, 2022 09:38pm

World

EU clarifies how companies can legally pay for Russian gas

BRUSSELS: The European Commission has explained how EU companies can pay for Russian gas without breaching the...

Published 17 May, 2022 12:28pm

World

EU offers concessions to Hungary, Slovakia, Czech Republic on oil embargo

BRUSSELS: The European Commission has amended a proposal for an embargo on Russian oil to extend the period before...

Published 06 May, 2022 01:52pm

World

Zelensky says EU suspending import duties will help ‘maintain’ Ukraine economy

KYIV: Ukrainian President Volodymyr Zelensky on Wednesday welcomed EU plans to suspend import duties on Ukrainian...

Published 28 Apr, 2022 12:12am

Business & Finance

Country has failed to fully benefit from GSP+ status: PBF

KARACHI: Vice President of the Pakistan Businesses Forum (PBF) Ahmad Jawad has said the European Commission and...

Published 27 Apr, 2022 06:11am

Markets

EU says pay for Russian gas in euros

BRUSSELS: EU companies may be able to work around Russia’s demand to receive gas payments in roubles without...

Published 24 Apr, 2022 05:36am

World

Global pledging event raises 10.1bn euros for Ukraine

WARSAW: A global pledging event for Ukrainian refugees called “Stand Up for Ukraine” has raised 10.1 billion...

Published 10 Apr, 2022 05:49am

World

EU's Von der Leyen, Borrell say they are en route to Kyiv

KYIV: European Commission President Ursula von der Leyen announced Friday that she was en route to the Ukrainian...

Published 08 Apr, 2022 01:53pm

World

EU threatens Malta with court over ‘golden passports’

BRUSSELS: The European Commission on Wednesday formally told Malta to end its “golden passport” scheme for...

Published 07 Apr, 2022 05:15am

World

Slovakia will stay united with EU against Russian gas payment demands, PM says

PRAGUE: Slovakia will act in unison with the European Union against Russia’s gas payments demands, Prime Minister...

Published 04 Apr, 2022 12:02pm

Markets

EU raids Gazprom’s German offices in antitrust price probe

BRUSSELS: EU antitrust investigators raided the German offices of Gazprom, sources said on Thursday, on suspicion...

Published 31 Mar, 2022 03:05pm

Business & Finance

Air France KLM loses fight against EU cartel fine

BRUSSELS: Air France-KLM and its Dutch subsidiary KLM on Wednesday lost their challenge against million-euro fines...

Published 30 Mar, 2022 03:59pm

World

EU seeks end to golden passport schemes, halt to sales of visas to Russians

BRUSSELS: The European Commission called on EU governments on Monday to end national programmes to sell citizenship...

Published 28 Mar, 2022 05:50pm

Markets

Cotton market: Buyers conspicuous by their absence

LAHORE: Leading participants were not very active in the local cotton market on Monday while the trading volume is...

Published 22 Mar, 2022 05:21am

Technology

Google blocks RT, Sputnik from Play app store in Europe

Alphabet Inc's Google said on Tuesday that it has blocked mobile apps connected to RT and Sputnik from its Play...

Published 02 Mar, 2022 12:27pm

World

EU unveils new sanctions to 'cripple' Putin

BRUSSELS: European Commission chief Ursula von der Leyen on Saturday said that Brussels would propose to freeze the...

Updated 27 Feb, 2022 04:14pm

World

EU leaders agree 'maximum impact' sanctions on Russia

BRUSSELS: EU leaders wrapped up an emergency summit early Friday with agreement to punish Moscow for its invasion of...

Published 25 Feb, 2022 10:10am

Business & Finance

Hybrid car sales equal to diesel in Europe: industry data

PARIS: Sales of hybrid cars in Europe equalled those of diesel vehicles for the first time last year, while electric...

Published 02 Feb, 2022 01:09pm

Markets

Investor clash on gas and nuclear muddies EU green finance drive

LONDON/BRUSSELS: European efforts to reach a common definition of sustainable investments risk fragmenting the ...

Published 26 Jan, 2022 02:43pm

World

Sefcovic, Truss express wish for positive EU-UK positive ties

BRUSSELS: European Commission Vice-President Maros Sefcovic and British Foreign Minister Liz Truss held talks about...

Published 24 Jan, 2022 07:48pm

EU blocks mega-merger of South Korean shipbuilders

BRUSSELS: The EU on Thursday blocked the merger of two South Korean ship-making giants over concerns the deal would...

Published 14 Jan, 2022 06:20am

World

Britain seeks 'pragmatic' EU approach at North Ireland talks

LONDON: UK Foreign Secretary Liz Truss on Thursday hosts her first face-to-face meeting with European Commission ...

Published 13 Jan, 2022 10:58am

EU drafts plan to label gas and nuclear investments as green

BRUSSELS: The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green”...

Updated 02 Jan, 2022 09:48am

Business & Finance

Euro marks 20 eventful years

PARIS: The euro on Saturday marked 20 years since people began to use the single European currency, overcoming...

Published 02 Jan, 2022 05:05am

Opinion

EU’s ‘answer’ to BRI: Global Gateway

The European Commission has set out the Global Gateway, a new European strategy to boost smart, clean and secure...

Published 01 Jan, 2022 04:07am

Opinion

Two decades on, euro can’t shake reputation as price driver

Europeans have been living with euro banknotes and coins for 20 years now, but many still point the finger at the...

Published 30 Dec, 2021 04:40am

World

EU Commission head says booster shots should come within six months

BRUSSELS: European Commission is recommending vaccinated people receive booster doses no more than six months after...

Published 17 Dec, 2021 12:05pm

World

Italy extends COVID-19 state of emergency, imposes swab for EU visitors

ROME: Italy on Tuesday extended a COVID-19 state of emergency to March 31 and ruled that all visitors from EU...

Published 15 Dec, 2021 01:05am

World

EU lays out plan giving rights to Uber, Deliveroo drivers

BRUSSELS: The European Commission announced draft rules on Thursday to give many workers such as couriers for online...

Published 10 Dec, 2021 04:29am

Business & Finance

EU extends free roaming to 2032

BRUSSELS: EU mobile phone users will continue to enjoy free roaming across Europe for mobile phone calls and web...

Published 09 Dec, 2021 02:20pm

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 19 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 19 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 19 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 19 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 19 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 19 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 19 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 19 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 19 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 19 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 19 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 19 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 19 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 19 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 19 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 19 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 19 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 19 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 19 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 19 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 19 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 19 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 19 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 19 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 19 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 19 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 19 Pak Elektron Limited(PAEL)	5,056,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

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