Trends - European Union - Business Recorder

European Union

Double Covid jab seems to curb Delta variant: EMA

THE HAGUE: Two doses of Covid vaccine appear to provide protection against the rapidly spreading Delta variant, the...

Published 02 Jul, 2021 04:20am

Trade deficit swells 33pc YoY to $30.8 billion

ISLAMABAD: The country’s trade deficit has swollen by 33 percent to $ 30.796 billion in FY 2020-21 as compared to ...

Updated 02 Jul, 2021 12:22pm

World

Erdogan defiant as Turkey quits violence-on-women treaty

Erdogan shocked US and EU by announcing withdrawal in March.
Ankara says women are protected by laws, not Istanbul Convention.
Thousands to protest across Turkey, where femicide is high.
Council of Europe concerned about homophobic narratives.

Published 01 Jul, 2021 06:34pm

World

UK and EU agree truce in N Ireland ‘sausage war’

LONDON: The threat of a “sausage war” between the UK and the European Union was averted on Wednesday, after both...

Published 01 Jul, 2021 04:10am

World

UK announces post-Brexit state aid regime

LONDON: Britain on Wednesday announced a new post-Brexit subsidy regime but vowed no return to 1970s-style state...

Published 01 Jul, 2021 04:10am

Business & Finance

Sterling gains against euro

LONDON: The British pound edged higher against the euro on Wednesday after the European Union agreed to extend an...

Published 01 Jul, 2021 04:09am

Opinion

Business group urges Biden to lift Europe travel ban, revive economies

The Biden administration is under pressure from a major business group and diplomats to scrap a travel ban on...

Published 27 Jun, 2021 03:56am

World

Ukraine seeks answers from Germany, France over Putin summit

Kuleba said he will hold talks with German and French ambassadors to Ukraine over the issue on Friday.

Published 25 Jun, 2021 05:10pm

Pakistan

Rights activist dies in Palestinian Authority custody

RAMALLAH, (Palestinian Territories): A human rights activist and critic of the Palestinian Authority died Thursday...

Published 25 Jun, 2021 04:20am

World

Delta variant to account for 90% of new EU Covid cases: agency

"The Delta variant is more transmissible than other circulating variants and we estimate that by the end of August it will represent 90 percent" of new cases in the EU, she added.

Updated 23 Jun, 2021 07:32pm

World

EU considers 3.5bn euro migrant funding for Turkey

Turkey hosts some four million Syrian refugees.
EU leaders to agree more funds to help stop migrant influx.
European Parliament approval will be needed.
Many EU lawmakers critical of Turkey's rights record.

Published 23 Jun, 2021 05:44pm

World

EU court says YouTube may be liable for copyright breaches

FRANKFURT: The EU's top court on Tuesday said online platforms like YouTube can in some circumstances be held...

Published 23 Jun, 2021 04:26am

Business & Finance

Exports to EU market increased by 33pc after GSP Plus status: envoy

PESHAWAR: The European Union’s Ambassador to Pakistan Mrs Androulla Kaminara said that the Pakistan’s exports to...

Published 23 Jun, 2021 04:26am

Business & Finance

South Korea's June 1-20 exports jump 29.5% y/y

Imports for the same period increased 29.1% year-on-year, leading to a provisional $291 million trade surplus.

Published 21 Jun, 2021 10:36am

Business & Finance

Porsche to set up joint venture with German battery maker

Customcells is based in Tuebingen.

Published 20 Jun, 2021 12:16pm

Editorials

Afghan war endgame, or not quite?

EDITORIAL: It’s not very long now before it will become clear whether the long Afghan war will quietly fizzle out...

Published 20 Jun, 2021 03:39am

World

Parties to Iran nuclear deal to meet on Sunday: EU

The remaining parties to the deal - Iran, Russia, China, France, Britain, Germany and the European Union - meet in the basement of a luxury hotel.

Published 20 Jun, 2021 12:55am

Pakistan

EU's strategic engagement plan ushers in new era of cooperation: Qureshi

ANTALYA (Turkey): Foreign Minister Shah Mahmood Qureshi on Friday said the Strategic Engagement Plan (SEP) of...

Published 19 Jun, 2021 03:23am

World

Merkel and Macron urge EU coordination on reopening borders

Macron said EU countries must be careful not to allow new variants to spread, adding that the EU was watching developments in Britain, which has seen a steep rise in the weekly reported cases of the Delta variant.

Published 18 Jun, 2021 11:52pm

World

AstraZeneca says EU loses legal bid for more vaccine supplies by end-June

The supply cuts delayed the EU's vaccination drive in the first quarter of the year, when the bloc had initially bet on AstraZeneca to deliver the largest volume of its shots.
The court said in a statement that AstraZeneca must deliver 15 million doses by July 26, another 20 million by Aug. 23 and another 15 million by Sept. 27, for a total of 50 million doses.

Published 18 Jun, 2021 06:10pm

Pakistan

EU envoy underlines commitment to Afghan peace process

ISLAMABAD: The European Union’s Special Envoy (Acting) for Afghanistan, Tomas Niklasson, underlined the EU’s...

Published 18 Jun, 2021 04:16am

Business & Finance

UK, US strike deal over Airbus-Boeing dispute

LONDON/NEW YORK: Britain and the US have suspended retaliatory tariffs levied during a 17-year dispute over state ...

Published 18 Jun, 2021 04:16am

US, EU agree truce in 17-year Airbus-Boeing conflict

BRUSSELS: The United States and the European Union have agreed a truce in their near 17-year conflict over aircraft...

Published 16 Jun, 2021 03:39am

World

Covid crisis worsened corruption in EU: watchdog

Overall, almost half said their government is doing a bad job at tackling the problem.

Published 15 Jun, 2021 10:07am

World

For Putin, Biden summit is all about respect

With cooperation off the table, observers say, Biden and Putin will be happy to settle for moves towards a more predictable form of confrontation.

Published 14 Jun, 2021 10:26am

G7 adopts global infrastructure plan in riposte to China

CARBIS BAY, (United Kingdom): G7 leaders on Saturday adopted a rival plan to oppose China's Belt and Road Initiative...

Published 13 Jun, 2021 03:56am

World

America is back with Biden, France's Macron says

Macron's remark echoes that of British Prime Minister Boris Johnson who hailed Biden on Thursday as "a big breath of fresh air".
"Yes definitely," Macron said. "It's great to have a US president who's part of the club and very willing to cooperate."

Published 12 Jun, 2021 08:36pm

Markets

UK blue chips end higher as telecoms group BT surges on stake buy

The European Central Bank also pledged to keep monetary policy loose despite lifting its growth and inflation projections for the euro zone.

Updated 10 Jun, 2021 10:45pm

World

UK urges EU 'flexibility' for post-Brexit Northern Ireland trade

The Telegraph said the threat raised the spectre of a "sausage trade war" if Northern Irish shops were banned from selling British meat produce.

Published 09 Jun, 2021 10:30am

World

Biden to warn UK PM Johnson over Northern Ireland

But unionists say it contravenes the 1998 peace deal and London has said the Protocol is unsustainable in its current form after supplies of everyday goods to Northern Ireland were disrupted.

Published 07 Jun, 2021 01:17pm

Gainers
Losers
Leaders

Stock	Price
Jubilee Spinning / Dec 7 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	7.80 ▲ 1.00 (14.71%)
F.Credit & Inv / Dec 7 First Credit and Investment Bank Limited(FCIBL)	7.25 ▲ 0.84 (13.10%)
K-Electric Ltd. / Dec 7 K-Electric Limited(KEL)	3.97 ▲ 0.45 (12.78%)
Bilal Fibres / Dec 7 Bilal Fibres Limited(BILF)	2.91 ▲ 0.31 (11.92%)
Dawood Equities / Dec 7 Dawood Equities Limited(DEL)	6.98 ▲ 0.68 (10.79%)
Popular Islamic / Dec 7 Popular Islamic Modaraba(PIM)	11.50 ▲ 1.00 (9.52%)
Al-Shaheer Corp / Dec 7 Al Shaheer Corporation Limited(ASC)	11.52 ▲ 1.00 (9.51%)
Agritech Limited / Dec 7 Agritech Limited(AGL)	12.52 ▲ 1.00 (8.68%)
Bela Auto / Dec 7 Bela Automotives Limited(BELA)	12.53 ▲ 1.00 (8.67%)
Bank Makramah / Dec 7 Bank Makramah Limited(BML)	2.40 ▲ 0.19 (8.60%)

Stock	Price
Unicap Modaraba / Dec 7 Unicap Modaraba(UCAPM)	1.70 ▼ -0.29 (-14.57%)
Pak Gulf Leasing / Dec 7 Pak-Gulf Leasing Company Limited(PGLC)	6.50 ▼ -1.00 (-13.33%)
Bawany Air Products / Dec 7 Bawany Air Products Limited(BAPL)	10.53 ▼ -0.97 (-8.43%)
Land Mark Spinning / Dec 7 Landmark Spinning Industries Limited(LMSM)	15.23 ▼ -1.24 (-7.53%)
Crescent Fib. / Dec 7 Crescent Fibres Limited(CFL)	80.02 ▼ -6.49 (-7.50%)
National Silk / Dec 7 The National Silk & Rayon Mills Limited(NSRM)	30.36 ▼ -2.46 (-7.50%)
Otsuka Pakistan / Dec 7 Otsuka Pakistan Limited(OTSU)	149.23 ▼ -12.10 (-7.50%)
Pak Engineering / Dec 7 Pakistan Engineering Company Limited(PECO)	508.75 ▼ -41.25 (-7.50%)
Shezan Inter. / Dec 7 Shezan International Limited(SHEZ)	132.10 ▼ -10.71 (-7.50%)
Frontier Ceram / Dec 7 Frontier Ceramics Limited(FRCL)	17.90 ▼ -1.45 (-7.49%)

Stock	Volume
K-Electric Ltd. / Dec 7 K-Electric Limited(KEL)	244,993,958 ▲ 0.45
Cnergyico PK / Dec 7 Cnergyico PK Limited(CNERGY)	98,453,132 ▲ 0.20
Hascol Petrol / Dec 7 Hascol Petroleum Limited(HASCOL)	60,160,000 ▲ 0.16
WorldCall Telecom / Dec 7 Worldcall Telecom Limited(WTL)	58,797,833 ▲ 0.06
Pak Refinery / Dec 7 Pakistan Refinery Limited(PRL)	42,648,059 ▲ 2.06
P.T.C.L. / Dec 7 Pakistan Telecommunication Company Ltd(PTC)	42,592,000 ▲ 0.57
Pak Elektron / Dec 7 Pak Elektron Limited(PAEL)	42,440,851 ▲ 1.41
Hum Network / Dec 7 Hum Network Limited(HUMNL)	40,021,000 ▲ 0.02
TPL Properties / Dec 7 TPL Properties Limited(TPLP)	35,956,082 ▲ 1.02
Pak Petroleum / Dec 7 Pakistan Petroleum Limited(PPL)	35,324,615 ▼ -0.23

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 7	284.53
USD PKR Interbank Buying / Dec 7	284.03
USD to Japanese Yen / Dec 7	146.80
USD to Swiss Franc / Dec 7	0.88
Pound Sterling to USD / Dec 7	1.25
Euro to USD / Dec 7	1.08
UK LIBOR % / Dec 6	5.47

Stock	Volume
S&P 500 / Dec 6	4549.34
Nasdaq / Dec 6	14146.71
Dow Jones / Dec 6	36054.43
India Sensex / Dec 7	69549.02
Tokyo Nikkei / Dec 7	32831.35
Hang Seng / Dec 7	16268.89
FTSE 100 / Dec 7	7485.25
Germany DAX 30 / Dec 7	16619.17
France CAC40 / Dec 7	7428.09

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 6	17235
Gold 10 Grams PKR / Dec 6	186986
Crude Oil USD/Barrel / Dec 7	69.77
Gold Spot USD/Ounce / Dec 7	2026.24
Cotton US¢/pound / Dec 7	79.89

Calculate your monthly liability in FY24

European Union

Most Popular Articles