Trends - European Union - Business Recorder

European Union

UNICEF says rich countries can afford to donate Covax jabs

GENEVA: Countries belonging to the G7 and the European Union can afford to donate more than 150 million vaccines to...

Updated 18 May, 2021 09:36am

Pakistan

Afghan peace process: EU envoy, COAS discuss developments

RAWALPINDI: Androulla Kaminara, Ambassador of European Union called on General Qamar Javed Bajwa, Chief of Army ...

Published 18 May, 2021 05:05am

Pakistan

Pakistan earnestly look forward to enhance mutually beneficial relations with EU: COAS

During the meeting, matters of mutual interest and regional security situation, including recent developments in the Afghan peace process were discussed.

Published 17 May, 2021 11:31pm

Pakistan

Fawad urges int’l community to meet its obligation in normalizing situation in Palestine

The minister said the Pakistani government was undertaking all possible steps to contain the pandemic through timely decisions and effective preventive measures.

Published 17 May, 2021 10:51pm

Markets

EU 2020/21 soybean imports at 13.17mn tonnes by May 16, rapeseed 5.80mn tonnes

Since Jan. 1, the European Commission's data has covered the EU's 27 countries only, whereas previous figures up to Dec. 31 covered both the EU-27 and Britain.
EU rapeseed imports in 2020/21 had reached 5.80 million tonnes, compared with 5.39 million a year ago.

Published 17 May, 2021 08:37pm

World

UN General Assembly to consider call for Myanmar arms embargo

Several NGOs have long been calling for an arms embargo on Myanmar.

Updated 17 May, 2021 05:25pm

Business & Finance

Electric vehicles cheaper than combustion by 2027

PARIS: Electric cars will be cheaper to build than fossil fuel vehicles across Europe within six years and could...

Updated 17 May, 2021 09:58am

World

EU mulls ‘next steps’ as UK responds to Brexit lawsuit

BRUSSELS: The European Union said Saturday it was weighing its "next steps" after Britain formally responded to...

Updated 16 May, 2021 10:42am

Markets

French wheat stable, spring barley improves

PARIS: Crop ratings for French wheat and winter barley were stable in the week to May 10 while spring barley...

Published 16 May, 2021 04:26am

Editorials

Growing Israeli belligerence

EDITORIAL: Israeli occupied Palestinian territories remain tinder dry ready to catch fire. In the worst violence...

Published 16 May, 2021 04:26am

GSP plus status: Exports to EU post 17.4pc growth in 10 months

ISLAMABAD: Pakistan's exports to European Union (EU) have posted a growth of 17.4 percent during the first 10 months...

Published 13 May, 2021 03:10am

WB says remittances to South Asia will slow slightly

ISLAMABAD: The World Bank has projected that remittances to South Asia region in 2021 will slow slightly to 3.5...

Published 13 May, 2021 03:10am

Opinion

Growing hostility against China

(KARACHI) The European Union has taken certain steps to what it says guard against economic competition from China...

Published 13 May, 2021 03:10am

World

EU opens new front in AstraZeneca legal fight that may lead to fines

EU launches 2nd lawsuit against Astra over delayed supplies.
EU asks Astra to deliver at least 120mln doses by mid-year.
AZ aims to ship 100mn doses by end-June, out of contracted 300mn.

Published 11 May, 2021 04:27pm

E-waste recycling matter of national security: report

PARIS: Recovering precious elements from e-waste is a security imperative for Europe that should be written into ...

Published 11 May, 2021 04:39am

World

EU has not ordered AstraZeneca vaccines beyond June: Commissioner

PARIS: The European Union has not made any new orders for AstraZeneca vaccines beyond June when their contract ends,...

Updated 10 May, 2021 10:20am

71st anniversary: Pakistan extends congratulations to EU

ISLAMABAD: Pakistan on Sunday extended heartiest congratulations to the European Union, its member states and...

Updated 10 May, 2021 10:22am

World

EU has not yet ordered more AstraZeneca vaccines, says internal market commissioner

Breton said an increase in prices for second generation vaccines could be justified by the extra research required and potential changes to industrial equipment.

Published 09 May, 2021 05:23pm

World

US says 'possible' to revive Iran nuclear deal before vote

The goal is to find a way back to the accord known by its acronym JCPOA, which former US president Donald Trump walked away from and which his successor Joe Biden wants to revive.

Published 07 May, 2021 10:07am

World

EU opens ‘military mobility’ project to US, allies

BRUSSELS: EU defence ministers on Thursday approved the participation of NATO members the United States, Canada and...

Updated 07 May, 2021 10:04am

Technology

Microsoft pledges to store European cloud data in EU

PARIS: US tech giant Microsoft pledged Thursday to process and store all European cloud-based client data in the...

Updated 07 May, 2021 10:04am

World

EU 'ready to discuss' COVID vaccine patent waiver as drugmakers push back

EU willing to discuss waiving COVID vaccine patents.
Biden voices support for waiver in sharp US reversal.
Waiver talk is 'grandstanding', analyst says.
Big Pharma shares plunge on Biden comments.

Published 06 May, 2021 08:30pm

EU puts up guard to Chinese firms, cools on trade deal

BRUSSELS: The European Union took steps on Wednesday to guard against economic competition from China that it deems...

Published 06 May, 2021 03:49am

World

Biden says hopes to meet Putin during June trip to Europe

"That is my hope and expectation. We're working on it," Biden told reporters after a speech about the US response to the coronavirus.

Published 05 May, 2021 12:34pm

Business & Finance

EU suspends efforts to ratify China investment deal

BRUSSELS: The European Commission said Tuesday that efforts to win approval for the EU's massive investment deal ...

Published 05 May, 2021 04:01am

World

EU summons Russian envoy over blacklisting of officials

BRUSSELS: The European Union summoned the Russian ambassador on Monday after Moscow put eight EU nationals, ...

Updated 04 May, 2021 09:54am

World

EU aims to open up to more foreign tourists this summer despite COVID-19

European Commission hopes to boost summer tourism.
COVID-19 pandemic has hit tourism badly in EU.
New proposals would ease restrictions on entering EU.

Updated 03 May, 2021 07:38pm

World

GSP Plus status: Government decides to address EU concerns over minorities, freedom of expression

Prime Minister Imran Khan chaired a meeting of his senior cabinet members and close aides on Monday, to discuss the resolution passed by the European Parliament, which called for a review of their trade relations with Pakistan.
The European Parliament's resolution is linked with Pakistan's controversial blasphemy laws, and could potentially end Pakistan's eligibility for the Generalised Scheme of Preferences (GSP) trading status.

Updated 03 May, 2021 10:07pm

World

EU summons Russian envoy over travel bans on Brussels officials

"The Russian ambassador has been summoned, he should be received in the afternoon by the secretary general of the European Commission and of the European External Action Service, where we will convey him strong condemnation and objection," an EU spokesman told a news briefing.

Published 03 May, 2021 05:06pm

World

Sweden summons Russian ambassador over sanctions

STOCKHOLM: Sweden summoned Russia’s ambassador to Stockholm on Saturday, denouncing Moscow for sanctioning ...

Published 02 May, 2021 03:23am

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 8 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 8 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 8 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 8 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 8 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 8 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 8 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 8 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 8 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 8 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 8 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 8 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 8 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 8 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 8 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 8 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 8 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 8 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 8 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 8 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 8 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 8 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 8 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 8 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 8 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 8 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	143.72
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.26
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 7	5.48

Stock	Volume
S&P 500 / Dec 7	4585.59
Nasdaq / Dec 7	14340
Dow Jones / Dec 7	36117.38
India Sensex / Dec 8	69810.76
Tokyo Nikkei / Dec 8	32305.33
Hang Seng / Dec 8	16275.13
FTSE 100 / Dec 8	7514.73
Germany DAX 30 / Dec 8	16654.79
France CAC40 / Dec 8	7458.02

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 7	17235
Gold 10 Grams PKR / Dec 7	187671
Crude Oil USD/Barrel / Dec 8	70.35
Gold Spot USD/Ounce / Dec 8	2031.22
Cotton US¢/pound / Dec 8	82.72

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