Trends - European Union - Business Recorder

European Union

EU to hold off on new Russia sanctions if Navalny released

Germany wants to give Russia more time before sanctions.
Meeting follows protests across Russia in support of Navalny.
Borrell to go to Moscow next week to meet Kremlin officials.

Published 25 Jan, 2021 09:15pm

Business & Finance

EU urges AstraZeneca to speed up vaccine deliveries amid 'supply shock'

EU to require pre-registration of COVID vaccine exports –source.
AstraZeneca asked for further clarification after sudden cut.
EU paid 336 mln euros to boost Astra's production capacity.
Australia, Thailand say Astra has told them of cut to supplies.

Published 25 Jan, 2021 08:44pm

World

EU to require advance registration of COVID-19 vaccine exports

The move comes after AstraZeneca on Friday unexpectedly announced a large cut in supplies of vaccines to the bloc for the first quarter of the year.
The executive European Commission would create a transparency register for vaccine exports outside the bloc.

Published 25 Jan, 2021 06:09pm

World

EU seeks answers from AstraZeneca on cut to vaccine supplies in Monday meeting

Earlier in January, Pfizer, which is currently the largest supplier of COVID-19 vaccines to the EU, announced delays of nearly a month to its shipments, but hours later revised this to say the delays would last only a week.

Published 25 Jan, 2021 03:12pm

Technology

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

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 20 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 20 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 20 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 20 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 20 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 20 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 20 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 20 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 20 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 20 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 20 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 20 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 20 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 20 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 20 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 20 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 20 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 20 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 20 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 20 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 20 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 20 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 20 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 20 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 20 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

European Union

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