Trends - European Union - Business Recorder

European Union

EU countries try to thrash out refugee burden-sharing

LUXEMBOURG: EU interior ministers meeting Thursday will seek agreement on a long-stalled revision of the bloc’s...

Published 08 Jun, 2023 11:38am

Business & Finance

Trade, aviation and illegal immigration: Pak-EU Joint Commission to meet in Brussels on 23rd

ISLAMABAD: Pakistan and the European Union (EU) will reportedly hold Pak-EU Joint Commission meeting in Brussels...

Updated 06 Jun, 2023 08:43am

World

Twitter ‘chose confrontation’ on EU disinformation code

BRUSSELS: Twitter “chose confrontation” by exiting a voluntary EU disinformation code of practice that lays ground...

Published 05 Jun, 2023 05:08pm

World

Polish opposition supporters, seeking change, mark 1989 Solidarity win

WARSAW: Hundreds of thousands of protesters gathered in Warsaw on Sunday, the 34th anniversary of Poland’s first...

Published 05 Jun, 2023 03:27am

Business & Finance

Sustainable agriculture: experts say ‘AgriTech’ only solution

HYDERABAD: National and international experts have expressed that food security is a threat due to the shrinking ...

Published 05 Jun, 2023 03:27am

World

EU, US voice concern over Poland’s ‘Russian influence’ committee

WARSAW: The European Union and the United States have expressed concerns over a new Polish law creating a body to...

Published 30 May, 2023 05:02pm

World

EU urges China to push Russia to withdraw from Ukraine

BRUSSELS: The European Union told China’s envoy on Thursday that it expects Beijing to help push Russia to stop the...

Published 25 May, 2023 08:53pm

Markets

Euro slips as Germany enters recession, dollar hits 2-month peak

LONDON: The euro dropped on Thursday as Europe’s largest economy Germany was confirmed to be in a recession, while...

Published 25 May, 2023 01:49pm

Markets

Indonesia, Malaysia to visit Brussels over concern about EU deforestation law

JAKARTA: The world’s two biggest palm oil producers Indonesia and Malaysia will send top officials to the European...

Published 25 May, 2023 10:16am

World

South Korea, EU agree to boost security ties amid Ukraine, North Korea tension

SEOUL: South Korea and the European Union agreed on Monday to step up cooperation on security amid tension over...

Published 22 May, 2023 05:38pm

Technology

Facebook given record $1.3bn fine, given 5 months to stop EU-US data flows

DUBLIN: Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the...

Updated 22 May, 2023 02:49pm

Markets

Oil supply won't be affected by stricter price cap enforcement: IEA

HIROSHIMA: The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the...

Published 21 May, 2023 11:01am

Markets

German farmers plant less winter wheat

HAMBURG: Germany’s winter wheat sown area for the 2023 harvest has been reduced by 1.4% to about 2.85 million...

Published 21 May, 2023 04:00am

Business & Finance

G7 vows economic coercion will ‘face consequences’

HIROSHIMA, (Japan): G7 leaders vowed Saturday that attempts to “weaponise” trade and supply chains would “fail...

Published 21 May, 2023 04:00am

World

Ukraine’s Zelenskiy to attend G7 Hiroshima summit in person

HIROSHIMA: Ukrainian President Volodymyr Zelenskiy will travel to Hiroshima, Japan, on Sunday to join the Group of...

Published 19 May, 2023 10:56am

World

G7 to discuss diamond trade with future Russia sanctions in mind

HIROSHIMA: Leaders of the Group of Seven (G7) nations will discuss how to trace Russian diamond trade at a summit...

Published 18 May, 2023 02:58pm

World

EU, UK closer to signing delayed deal on financial services

BRUSSELS: The EU on Wednesday moved forward with a delayed agreement with Britain to advance cooperation on...

Published 17 May, 2023 09:02pm

World

Japan ramps up G7 security after PM attacks

HIROSHIMA: Security is tight at every G7 summit, but this year’s host Japan has more to prove than most, after an...

Published 17 May, 2023 10:52am

World

Women still struggling with boys’ club of Greek politics

ATHENS: As the credits rolled on Greek television’s long-awaited election debate between the party leaders, one...

Published 16 May, 2023 12:13pm

Markets

EU urged to crack down on imports of Indian fuels made with Russian oil: FT

The European Union should crack down on India reselling Russian oil into Europe as refined fuels including diesel,...

Published 16 May, 2023 09:56am

World

Zelensky shores up weapons pledges as EU honours Ukraine fight

PARIS: Ukraine’s President Volodymyr Zelensky secured fresh promises of military aid during weekend visits to France...

Published 15 May, 2023 10:51am

World

EU says latest Armenia-Azerbaijan talks should build momentum for peace

BRUSSELS: The European Union on Sunday welcomed the latest meeting between the leaders of Armenia and Azerbaijan as ...

Published 15 May, 2023 06:41am

World

G7 and EU to ban restart of Russian gas pipelines: FT

The Group of Seven (G7) industrial powers and the European Union will ban Russian gas imports on routes where Moscow...

Published 14 May, 2023 10:09am

Pakistan

Khar leaves for Sweden to attend 2nd EU Indo-Pacific Forum

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar will undertake an official visit to Stockholm,...

Published 13 May, 2023 05:59am

World

EU plans to tweak China policy but keep balanced approach

STOCKHOLM: The European Union’s diplomatic service has set out plans to recalibrate the bloc’s China policy, aiming...

Published 12 May, 2023 11:29am

EU emphasises ‘restraint and sincere dialogue’

ISLAMABAD: European Union has emphasised restraint and sincere dialogue to address Pakistan’s challenges after the...

Updated 10 May, 2023 08:55am

World

EU envoy to China hails Xi’s call with Ukraine president as positive step

BEIJING: Chinese President Xi Jinping’s recent call with Ukraine President Volodymyr Zelenskiy was a very positive...

Published 09 May, 2023 10:17am

World

EU targets evasion in new round of Russia sanctions

BRUSSELS: Brussels has proposed to EU member states an 11th round of sanctions over Russia’s war on Ukraine aimed at...

Published 08 May, 2023 05:35pm

Markets

Russia sticking to its oil output cuts: Deputy PM Novak

MOSCOW: Deputy Prime Minister Alexander Novak said on Thursday Russia was abiding by its voluntary pledge to cut oil...

Published 04 May, 2023 01:12pm

Markets

Global gas markets rebalancing, to remain tight in 2023: IEA

LONDON: Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian...

Published 04 May, 2023 10:35am

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jun 10 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 10 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 10 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 10 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 10 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 10 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 10 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 10 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 10 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 10 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 10 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 10 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 10 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 10 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 10 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 10 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 10 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 10 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 10 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

Stock	Volume
Unity Foods Ltd / Jun 10 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.24
TPL Properties / Jun 10 TPL Properties Limited(TPLP)	19,470,263 ▲ 0.38
WorldCall Telecom / Jun 10 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.01
Faysal Bank / Jun 10 Faysal Bank Limited(FABL)	10,414,954 ▲ 1.25
Hascol Petrol / Jun 10 Hascol Petroleum Limited(HASCOL)	9,814,500 ▲ 0.23
Pak Refinery / Jun 10 Pakistan Refinery Limited(PRL)	9,600,621 ▼ -0.04
P.I.A.C.(A) / Jun 10 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.02
Pak Int.Bulk / Jun 10 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.12
Fauji Foods Ltd / Jun 10 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.01
Telecard Limited / Jun 10 Telecard Limited(TELE)	5,453,799 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 9	286.95
USD PKR Interbank Buying / Jun 9	286.80
USD to Japanese Yen / Jun 9	139.36
USD to Swiss Franc / Jun 9	0.90
Pound Sterling to USD / Jun 9	1.25
Euro to USD / Jun 9	1.08
UK LIBOR % / Jun 8	5.07

Stock	Volume
S&P 500 / Jun 8	4293.93
Nasdaq / Jun 8	13238.52
Dow Jones / Jun 8	33833.61
India Sensex / Jun 9	62625.63
Tokyo Nikkei / Jun 9	32198.70
Hang Seng / Jun 9	19359.13
FTSE 100 / Jun 9	7602.26
Germany DAX 30 / Jun 9	15981.08
France CAC40 / Jun 9	7223.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 8	20235
Gold 10 Grams PKR / Jun 8	194616
Crude Oil USD/Barrel / Jun 9	70.85
Gold Spot USD/Ounce / Jun 9	1963.16
Cotton US¢/pound / Jun 9	81.53

European Union

Most Popular Articles