Trends - European Union - Business Recorder

European Union

EU warns will block AstraZeneca vaccine exports

"That would be very helpful, because we are friends, the UK and the rest of Europe, and we need each other."

Published 26 Mar, 2021 10:32am

World

EU eyes cooperation with Turkey if 'de-escalation sustained'

But leaders remain deeply wary of Erdogan and there are major concerns over Ankara's recent moves to shut down an opposition party and its departure from a treaty on violence against women.

Published 26 Mar, 2021 10:26am

World

EU warns will block jab exports, Biden doubles goal

"I know it's ambitious, twice our original goal," he told his first press conference since taking office on January 20.

Published 26 Mar, 2021 09:50am

World

AstraZeneca says COVID-19 vaccine 76pc effective in new analysis, to seek U.S. approval

AstraZeneca also reiterated that the shot, developed with Oxford University, was 100pc effective against severe or critical forms of the disease.

Updated 26 Mar, 2021 12:04am

World

UK PM Johnson says wants openness on EU vaccine trade

"One thing I would say is that we're on the side of openness. That's where we are. I don't want to see blockades of vaccines or medicines, I don't think that's the way forward either for us or any of our friends," Johnson said in a pooled interview for broadcasters.
He also denied a report that he said capitalism and greed gave Britain its success in vaccinating its population.

Published 25 Mar, 2021 07:05pm

World

EU races to catch up on Covid-19 vaccines as Brazil deaths cross 300,000

UK Prime Minister warned that the EU risked long-term damage to its reputation if it imposed "a blockade".

Published 25 Mar, 2021 04:54pm

World

EU leaders seek to build on improving ties with Turkey

But there are deep concerns over Ankara's recent moves to shut down an opposition party and its departure from a treaty on violence against women.

Published 25 Mar, 2021 10:25am

World

UK announces biggest asylum overhaul ‘in decades’

LONDON: The British government on Wednesday launched plans for what it called the biggest overhaul of asylum rules ...

Published 25 Mar, 2021 05:08am

World

Germany scraps Easter shutdown as EU limits vaccine exports

BERLIN: Germany on Wednesday backtracked on its plan to impose a strict Easter weekend shutdown after a public...

Published 25 Mar, 2021 05:08am

World

Slovenia summons Chinese envoy over sanctions

LJUBLJANA: Slovenia on Wednesday became the latest EU country to summon its Chinese ambassador to discuss what it...

Published 25 Mar, 2021 05:08am

World

EU shouldn't be 'useful idiot' in global vaccine battle: French official

"Europe shouldn't be a sort of useful idiot in the battle against the virus," the French presidential adviser told reporters ahead of a virtual EU summit on Thursday.
The regulation is aimed at making vaccine trade reciprocal and proportional so that other vaccine-making countries sell to Europe and the EU does not export much more than it imports, one EU official said.

Published 24 Mar, 2021 05:36pm

World

EU nations rebuke China envoys over retaliatory sanctions

PARIS: France, Germany and other EU nations called in Chinese ambassadors on Tuesday to protest at sanctions imposed...

Published 24 Mar, 2021 05:10am

World

AstraZeneca hails US trials as EU rows with UK over supplies

WASHINGTON: Pharmaceutical giant AstraZeneca said Monday that trials showed its Covid-19 vaccine was 100 percent...

Updated 23 Mar, 2021 05:15pm

Pakistan

Restoration of PIA flight operations to EU this year unlikely

KARACHI: Restoration of Pakistan International Airlines (PIA) flight operations to the European Union (EU) in 2021...

Published 23 Mar, 2021 04:37am

World

Myanmar military brass hit with new US, EU sanctions over coup

YANGON: The European Union and the United States slapped sanctions Monday on top police and military commanders...

Published 23 Mar, 2021 04:37am

West sanctions China, Beijing hits back at EU

BRUSSELS/WASHINGTON: The United States, the European Union, Britain and Canada imposed sanctions on Chinese ...

Published 23 Mar, 2021 04:37am

Markets

European shares edge higher as autos lead gains, Turkey-exposed banks fall

The pan-European STOXX 600 rose 0.2pc, reversing declines from earlier in the session, with automobile stocks rising for a fifth day in the past six sessions.

Updated 23 Mar, 2021 05:11pm

Business & Finance

UK food and drink exports to EU plunged 75.5pc in Jan: industry group

The lobby group said the worst hit trade route was to Ireland. In January 2020, Ireland was the UK's biggest market, representing around 18% of total food and drink exported. A year on the figure had dropped to only 5%.

Published 22 Mar, 2021 07:07pm

World

Poll shows plunge in Europeans' trust in AstraZeneca jab

Earlier this month several EU countries suspended its use, pending a review by the European Medicines Agency (EMA) after dozens of isolated cases of blood clots and brain haemorrhages.

Published 22 Mar, 2021 10:17am

World

Twenty years on, EU turns cold on Mercosur trade deal

However, that would coincide with French President Emmanuel Macron's campaign for re-election in a potentially tight race, in which a Mercosur deal could cost him support.

Published 19 Mar, 2021 11:21am

Business & Finance

BoE split over outlook

LONDON: The Bank of England said Britain's economic recovery was gathering pace thanks to the speed of COVID-19...

Published 19 Mar, 2021 05:32am

World

EU halts sanctions on Turkey oil executives as ties improve

TPAO executives to escape EU punishment over drilling.
EU March 25-26 summit no longer to be showdown over Turkey.
Turkey's Erdogan has changed tone since January.

Published 18 Mar, 2021 05:29pm

World

EU puts brake on COVID vaccine exports to cope with ‘crisis of the century’

Six EU states complain over vaccine distribution.
EU proposes COVID-19 certificate to facilitate travel.
Tourism and leisure sectors battered by pandemic.
- Political agreement may be hard among 27-nation bloc.

Published 17 Mar, 2021 05:33pm

World

Austria's Kurz and allies seek 'correction' on EU vaccine distribution

"It is important here that we ensure together with (European Commission President) Ursula von der Leyen and (European Council President) Charles Michel that there is a correction mechanism," Kurz told a news conference with his counterparts from Bulgaria, Slovenia and the Czech Republic.

Published 16 Mar, 2021 08:03pm

Markets

Brexit won't mean lower capital for insurers, says Bank of England

The risk margin in an extra layer of capital insurers must hold as a safety buffer in case they get into trouble.

Published 16 Mar, 2021 01:59pm

World

EU tourism halved in 2020 under pandemic

BRUSSELS: Tourism in the European Union — measured in nights spent in tourist accommodation — plunged by half...

Updated 16 Mar, 2021 09:38am

World

EU launches legal case against Britain over Northern Ireland

Case over grace period for food import checks into N. Ireland.
Period to end March 31, Britain extended to October.
EU starts legal case, also seeks talks to resolve issue.

Updated 15 Mar, 2021 09:24pm

World

Bolivia ex-president Anez arrested in 'coup' probe

Morales, for his part, demanded in a tweet that the "authors and accomplices" of what he denounced as a "coup d'etat" against him be "investigated and punished."

Published 14 Mar, 2021 11:18am

World

EU faces fresh shortfall of AstraZeneca vaccine supplies

LONDON: The European Union is facing further shortfalls in its coronavirus inoculation programme after Anglo/Swedish...

Published 14 Mar, 2021 04:13am

Business & Finance

UK guilty of 'perverse nationalism' over US trade, says Irish foreign minister

LONDON: Ireland's foreign minister Simon Coveney said on Saturday that Britain was demonstrating "perverse...

Published 14 Mar, 2021 04:13am

Gainers
Losers
Leaders

Stock	Price
Bilal Fibres / Sep 26 Bilal Fibres Limited(BILF)	2.20 ▲ 0.19 (9.45%)
PICIC Ins.Ltd. / Sep 26 PICIC Insurance Limited(PIL)	0.80 ▲ 0.06 (8.11%)
Pak Hotels / Sep 26 Pakistan Hotels Developers Limited(PHDL)	236.54 ▲ 16.50 (7.50%)
Pak Paper Prod / Sep 26 Pakistan Paper Products Limited(PPP)	54.34 ▲ 3.79 (7.50%)
Dewan Cement / Sep 26 Dewan Cement Limited(DCL)	4.28 ▲ 0.29 (7.27%)
Kohinoor Mills / Sep 26 Kohinoor Mills Limited(KML)	47.53 ▲ 3.04 (6.83%)
Agriautos Ind. / Sep 26 Agriauto Industries Limited(AGIL)	69.15 ▲ 4.12 (6.34%)
MithchellsFruit / Sep 26 Mitchells Fruit Farms Limited(MFFL)	79.99 ▲ 4.39 (5.81%)
Fauji Foods Ltd / Sep 26 Fauji Foods Limited(FFL)	6.40 ▲ 0.34 (5.61%)
Pak Tobacco / Sep 26 Pakistan Tobacco Company Limited(PAKT)	729 ▲ 37.01 (5.35%)

Stock	Price
Punjab Mod / Sep 26 First Punjab Modaraba(FPJM)	1.21 ▼ -0.19 (-13.57%)
Premier Insurance / Sep 26 Premier Insurance Limited(PINL)	5.36 ▼ -0.79 (-12.85%)
First Fid. Leasing / Sep 26 First Fidelity Leasing Modaraba(FFLM)	2.80 ▼ -0.20 (-6.67%)
Sapphire Fibres / Sep 26 Sapphire Fibres Limited(SFL)	1125.55 ▼ -80.10 (-6.64%)
Burshane LPG / Sep 26 Burshane LPG (Pakistan) Limited(BPL)	14.51 ▼ -0.99 (-6.39%)
Pak Synthetics / Sep 26 Pakistan Synthetics Limited(PSYL)	25 ▼ -1.70 (-6.37%)
AKD Hospitality / Sep 26 AKD Hospitality Limited(AKDHL)	125 ▼ -6.50 (-4.94%)
Bannu Woollen / Sep 26 Bannu Woollen Mills Limited(BNWM)	19.40 ▼ -1.00 (-4.90%)
Quice Food / Sep 26 Quice Food Industries Limited(QUICE)	3.79 ▼ -0.19 (-4.77%)
Hala Enterprise / Sep 26 Hala Enterprises Limited(HAEL)	6.70 ▼ -0.30 (-4.29%)

Stock	Volume
P.I.A.C.(A) / Sep 26 Pakistan International Airlines Corp(PIAA)	29,654,500 ▲ 0.26
Pak Elektron / Sep 26 Pak Elektron Limited(PAEL)	20,636,559 ▼ -0.18
WorldCall Telecom / Sep 26 Worldcall Telecom Limited(WTL)	8,986,644 ▲ 0.01
Fauji Foods Ltd / Sep 26 Fauji Foods Limited(FFL)	8,538,665 ▲ 0.34
Unity Foods Ltd / Sep 26 Unity Foods Limited(UNITY)	5,817,127 ▼ -0.04
Hascol Petrol / Sep 26 Hascol Petroleum Limited(HASCOL)	5,704,000 ▲ 0.18
Nishat ChunPow / Sep 26 Nishat Chunian Power Limited(NCPL)	5,515,000 ▼ -0.24
Kohinoor Spining / Sep 26 Kohinoor Spinning Mills Limited(KOSM)	5,323,500 ▼ -0.01
Waves Corporation / Sep 26 Waves Corporation Limited(WAVES)	4,921,500 ▼ -0.07
Thatta Cement / Sep 26 Thatta Cement Company Limited(THCCL)	4,528,000 ▲ 0.63

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 25	291.05
USD PKR Interbank Buying / Sep 25	290.85
USD to Japanese Yen / Sep 25	148.90
USD to Swiss Franc / Sep 25	0.91
Pound Sterling to USD / Sep 25	1.22
Euro to USD / Sep 25	1.06
UK LIBOR % / Sep 22	5.43

Stock	Volume
S&P 500 / Sep 25	4337.44
India Sensex / Sep 25	66023.69
Tokyo Nikkei / Sep 25	32423.77
Nasdaq / Sep 25	13271.32
Hang Seng / Sep 25	17655.71
FTSE 100 / Sep 25	7623.99
Dow Jones / Sep 25	34006.88
Germany DAX 30 / Sep 25	15405.49
France CAC40 / Sep 25	7123.88

Item	Value
Crude Oil USD/Barrel / Sep 25	89.64
Karachi Cotton PKR/37.32 KG / Sep 25	18435
Gold 10 Grams PKR / Sep 25	184159.50
Gold Spot USD/Ounce / Sep 25	1914.53
Cotton US¢/pound / Sep 25	87.61

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