Trends - European Union - Business Recorder

European Union

US leading race in artificial intelligence, China rising: survey

But it said that "average US research quality is still higher than that of China and the European Union."

Published 25 Jan, 2021 11:34am

World

Germany buys same corona meds used to treat Trump

FRANKFURT AM MAIN: Germany will become the first European Union country to start using the same experimental...

Published 25 Jan, 2021 04:23am

World

Germany to use corona meds that helped Trump

Germany's order comes at a time of growing frustration in the EU over a slower-than-expected rollout of vaccines.

Published 24 Jan, 2021 05:30pm

Markets

London stock market facing blockbuster IPO year

The City of London Corporation revealed Friday in a study that the British capital still trails the United States and Hong Kong in attracting foreign company listings.

Published 24 Jan, 2021 10:43am

World

Covid shrinks Latin American trade for 2020: UN

SANTIAGO: The coronavirus epidemic has triggered the steepest drop in Latin American foreign trade in 2020 since the...

Published 24 Jan, 2021 03:32am

Business & Finance

Nissan commits to UK after Brexit trade deal

LONDON: Japanese carmaker Nissan on Friday committed to its future in Britain, home to the group’s largest ...

Published 24 Jan, 2021 03:32am

Markets

European wheat falls for second session

PARIS: European wheat fell for a second session on Thursday from a 7-1/2 year high on persistent doubts over how a...

Published 23 Jan, 2021 03:56am

Business & Finance

Muted recovery for UK retailers in Dec ends worst year on record

LONDON: British retailers struggled to recover in December from a partial coronavirus lockdown the previous month,...

Published 23 Jan, 2021 03:56am

World

EU urges Ivory Coast to comply with new sustainable cocoa laws

The European consumer wants to eat chocolate without having to think about child labour, deforestation or the poverty of those who grow cocoa.
The EU represents the leading destination for Ivorian beans, accounting for 67% of the country's cocoa exports.

Published 22 Jan, 2021 09:23pm

World

‘Delays cost lives’: Baltic states seek swift EU approval for AstraZeneca vaccine

The European Medicines Agency said last week it would review the vaccine developed by AstraZeneca and Britain's Oxford University this month under an accelerated timeline.
Precision of procedures matters. But so does speed. The delays cost lives.

Published 22 Jan, 2021 08:02pm

Business & Finance

Worsening pandemic poses 'serious risks', ECB's Lagarde warns

FRANKFURT AM MAIN: European Central Bank chief Christine Lagarde warned on Thursday that the pandemic still poses...

Published 22 Jan, 2021 04:47am

World

Latest on worldwide spread of the coronavirus

Moscow will relax some restrictions from Friday, including fully reopening colleges and specialist education institutions, the mayor of the Russian capital said.

Published 21 Jan, 2021 06:47pm

World

EU leaders weigh travel curbs over virus variant fears

EU diplomats said this was premature as it was not yet clear if vaccinated people could still transmit the virus to others.

Published 21 Jan, 2021 06:32pm

Markets

Euronext wheat ends little changed

PARIS: Euronext wheat ended little changed on Tuesday, pausing after an earlier 7-1/2 year high as traders awaited...

Published 21 Jan, 2021 04:23am

World

UK to engage with aerospace sector over tariff issues after Brexit

"There should not be any tariffs on internal UK trade," Northern Ireland Minister Brandon Lewis told parliament. "I will be very happy to engage with the sector directly."

Published 20 Jan, 2021 06:15pm

World

UK will submit request to join CPTPP trading bloc soon

We will shortly submit our formal request to join this free trade area.
The CPTPP is a trade agreement that removes most tariffs between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Published 20 Jan, 2021 05:48pm

World

EU's Michel calls on Biden to form new transatlantic pact

"Today is more than a transition. Today is an opportunity to rejuvenate our transatlantic relationship, which has greatly suffered in the last four years. In these years, the world has grown more complex, less stable and less predictable".

Published 20 Jan, 2021 03:17pm

Markets

Euronext wheat hits 7-1/2-year high

PARIS: Euronext wheat futures climbed to a 7-1/2 year high on Monday as Russia’s plans to tax exports stoked...

Published 20 Jan, 2021 04:29am

Business & Finance

Germany takes on record debt in 2020, but less than expected

BERLIN: Germany took on record new debt in 2020 to shield the economy from the coronavirus pandemic, but less than...

Published 20 Jan, 2021 04:29am

Business & Finance

Bankers call for 'hybrid' shares to plug COVID corporate capital gap

LONDON: European companies hit by COVID-19 could issue "hybrid" shares to plug a predicted capital gap of up to 600...

Published 20 Jan, 2021 04:29am

Business & Finance

Brexit pushes billions into France: bank chief

PARIS: The Bank of France’s governor said Tuesday that Britain’s withdrawal from the European Union has driven...

Published 20 Jan, 2021 04:29am

Business & Finance

French central bank sees firms speeding up Brexit relocation this year

Many UK-based financial firms have already opened subsidiaries in the European Union to keep unfettered market access known as "passporting" since Britain left the bloc.
Other relocalisations are expected and should accelerate over the course of the year.

Published 19 Jan, 2021 08:06pm

Markets

Bankers call for 'hybrid' shares to plug COVID corporate capital gap

"Hybrid instruments are ideally suited to address these needs," it said.

Published 19 Jan, 2021 12:11pm

Markets

White sugar sets 3-1/2 year high, London cocoa also rises

U.S.-based raw sugar, arabica coffee and New York cocoa futures contracts were shut on Monday for Martin Luther King Jr. Day and will reopen on Tuesday.

Published 19 Jan, 2021 12:34am

Markets

Carmaker Stellantis shares star in European debut

Shares rise 8% after carmaker merger completed.
Stellantis will be fourth largest carmaker.
CEO Tavares to hold news conference on Tuesday.

Published 18 Jan, 2021 06:49pm

Business & Finance

France suggests pause on US-EU trade standoff

"If we could quickly find a method to settle this dispute with Europe and France, that would be a step forward," he said. "It may take time but, in the meantime, we can always order a pause."

Published 17 Jan, 2021 10:55am

World

Malaysia takes WTO legal action against EU over palm

KUALA LUMPUR: Malaysia is taking legal action at the global trade watchdog against the European Union and member...

Published 17 Jan, 2021 04:13am

World

Distrust, division and doubt cloud Palestinian election call

GAZA/RAMALLAH, (West Bank): Beset by political infighting, split between three territories and distrustful of their...

Updated 17 Jan, 2021 09:41am

Fitch keeps Britain outlook negative, debt at AA-

WASHINGTON: Fitch ratings on Friday maintained Britain's AA- debt rating and outlook at negative, but warned rising...

Published 17 Jan, 2021 04:13am

World

EU working on digital tax, WTO reform proposals, trade official says

EU is willing to consider judicial restraint in World Trade Organization dispute settlement and will submit a WTO reform proposal in February.

Published 15 Jan, 2021 08:24pm

Gainers
Losers
Leaders

Stock	Price
First Punjab Mod. / Jan 25 First Punjab Modaraba(FPJM)	2.70 ▲ 0.20 (14.89%)
Ghani Auto Ind. / Jan 25 Ghani Automobile Industries Limited(GAIL)	6.80 ▲ 0.69 (13.33%)
Habib Ins. / Jan 25 Habib Insurance Company Limited(HICL)	8.50 ▲ 0.69 (13.18%)
Bawany Air / Jan 25 Bawany Air Products Limited(BAPL)	22.38 ▲ 1.89 (11.34%)
Unicap Mod. / Jan 25 Unicap Modaraba(UCAPM)	1.10 ▼ -0.01 (10.00%)
Hi-Tech Lubricants / Jan 25 Hi-Tech Lubricants Limited(HTL)	60.28 ▲ 7.55 (9.66%)
Pak Datacom Ltd / Jan 25 Pak Datacom Limited(PAKD)	113.50 ▲ 4.58 (9.03%)
Fazal Cloth / Jan 25 Fazal Cloth Mills Limited(FZCM)	229.68 ▲ 30.92 (7.50%)
Dewan Sugar / Jan 25 Dewan Sugar Mills Limited(DWSM)	3.03 ▼ -0.10 (6.32%)
B.R.R. Mod. / Jan 25 B.R.R. Guardian Modaraba(BRR)	14.00 ▲ 0.46 (5.98%)

Stock	Price
Hala Enterpries / Jan 25 Hala Enterprises Limited(HAEL)	10.81 ▼ 0.97 (-11.76%)
Saritow Sp. / Jan 25 Saritow Spinning Mills Limited(SSML)	9.90 ▼ 0.86 (-11.61%)
Grays Leas. / Jan 25 Grays Leasing Limited(GRYL)	5.17 ▼ 0.69 (-10.86%)
PICIC Insurance / Jan 25 PICIC Insurance Limited(PIL)	1.38 ▼ 0.11 (-9.80%)
First Pak Modaraba / Jan 25 First Pak Modaraba(PAKMI)	2.12 ▼ 0.27 (-9.40%)
First Prud Mod. / Jan 25 First Prudential Modaraba(PMI)	2.10 ▼ 0.35 (-8.70%)
Altern Energy / Jan 25 Altern Energy Limited(ALTN)	27.25 ▼ 1.75 (-8.40%)
Summit Bank / Jan 25 Summit Bank Limited(SMBL)	1.83 ▼ 0.14 (-8.04%)
Saudi Pak Leas. / Jan 25 Saudi Pak Leasing Company Limited(SPLC)	1.74 ▼ 0.25 (-7.94%)
Khurshid Spinng / Jan 25 Khurshid Spinning Mills Limited(KHSM)	19.86 ▼ 0.00 (-7.46%)

Stock	Volume
TRG Pak. / Jan 25 TRG Pakistan Limited(TRG)	29,686,000 ▼ 8.01
K-Electric Ltd / Jan 25 K-Electric Limited(KEL)	25,544,000 ▼ 0.11
Invest Cap. Bank / Jan 25 Invest Capital Investment Bank Limited(ICIBL)	17,052,500 ▼ 0.87
Unity Foods / Jan 25 Unity Foods Limited(UNITY)	16,920,978 ▼ 1.02
Fauji Foods / Jan 25 Fauji Foods Limited(FFL)	15,931,500 ▼ 0.35
Fauji Fert. Bin / Jan 25 Fauji Fertilizer Bin Qasim Limited(FFBL)	12,716,500 ▼ 1.75
Pak Int.Bulk Ter / Jan 25 Pakistan International Bulk Terminal Limited(PIBTL)	10,876,500 ▼ 0.31
Hum Network / Jan 25 Hum Network Limited(HUMNL)	10,747,500 ▼ 0.17
Aisha Steel / Jan 25 Aisha Steel Mills Limited(ASL)	9,137,500 ▼ 1.32
Jahangir Sid. Co. / Jan 25 Jahangir Siddiqui & Co. Ltd.(JSCL)	8,165,000 ▼ 0.75

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 23	160.75
USD PKR Interbank Buying / Jan 23	160.65
USD to Japanese Yen / Jan 23	103.81
USD to Swiss Franc / Jan 23	0.89
Pound Sterling to USD / Jan 23	1.37
Euro to USD / Jan 23	1.22

Stock	Volume
S&P 500 / Jan 23	3850.96
India Sensex / Jan 23	48878.54
Tokyo Nikkei / Jan 23	28631.45
Nasdaq / Jan 23	13559.29
Hang Seng / Jan 23	29447.85
FTSE 100 / Jan 23	6695.07
Dow Jones / Jan 23	31048.96
Germany DAX 30 / Jan 23	13873.97
France CAC40 / Jan 23	5559.57

Indicator	Value
UK LIBOR % / Jan 23	0.09

European Union

US leading race in artificial intelligence, China rising: survey

Germany buys same corona meds used to treat Trump

Germany to use corona meds that helped Trump

London stock market facing blockbuster IPO year

Covid shrinks Latin American trade for 2020: UN

Nissan commits to UK after Brexit trade deal

European wheat falls for second session

Muted recovery for UK retailers in Dec ends worst year on record

EU urges Ivory Coast to comply with new sustainable cocoa laws

‘Delays cost lives’: Baltic states seek swift EU approval for AstraZeneca vaccine

Worsening pandemic poses 'serious risks', ECB's Lagarde warns

Latest on worldwide spread of the coronavirus

EU leaders weigh travel curbs over virus variant fears

Euronext wheat ends little changed

UK to engage with aerospace sector over tariff issues after Brexit

UK will submit request to join CPTPP trading bloc soon

EU's Michel calls on Biden to form new transatlantic pact

Euronext wheat hits 7-1/2-year high

Germany takes on record debt in 2020, but less than expected

Bankers call for 'hybrid' shares to plug COVID corporate capital gap

Brexit pushes billions into France: bank chief

French central bank sees firms speeding up Brexit relocation this year

Bankers call for 'hybrid' shares to plug COVID corporate capital gap

White sugar sets 3-1/2 year high, London cocoa also rises

Carmaker Stellantis shares star in European debut

France suggests pause on US-EU trade standoff

Malaysia takes WTO legal action against EU over palm

Distrust, division and doubt cloud Palestinian election call

Fitch keeps Britain outlook negative, debt at AA-

EU working on digital tax, WTO reform proposals, trade official says

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