Trends - European Union - Business Recorder

European Union

EU denounces conditions for migrants in Bosnia

The UN's human rights office had already warned against "unacceptable suffering" of the migrants from the Lipa camp, calling for an urgent solution of the issue.

Published 03 Jan, 2021 12:02pm

World

Britain credits Brexit for abolishing 'tampon tax'

In her view, Brexit will make it less likely the tax is abolished EU-wide, since Britain was leading the push for it, she added.

Published 01 Jan, 2021 11:51am

World

France's Macron says post-Brexit Britain remains our friend

"The United Kingdom remains our neighbour, and also our friend and ally," Macron said in his New Year's Eve address to the nation.

Published 01 Jan, 2021 01:01am

More weakness seen as dollar posts worst year since 2017

Markets

Hungary says will focus on EU, Chinese coronavirus vaccine purchases

"We are happy to partake in the testing, but vaccines en masse may come as part of the EU procurements or from China," he added.

Published 31 Dec, 2020 11:33pm

World

Hungary says will not use Russian vaccine due to lack of capacity

Hungary has participated in Russia's testing efforts and was an early recipient of small batches of Russia's Sputnik-V vaccine.
Hungarian premier Viktor Orban has come under criticism during his decade-long rule for building ties with Russian leader Vladimir Putin.

Published 31 Dec, 2020 08:00pm

World

EU bets on Biden to resolve aircraft subsidy row

New US tariffs set for Jan. 12.
US expands list over EU retaliation it sees as excessive.
Airbus says it trusts Europe will respond "appropriately".
French wine exporters call new tariffs a sledgehammer.

Published 31 Dec, 2020 06:00pm

World

British PM Johnson's father applying for French citizenship

The father of British Prime Minister Boris Johnson said on Thursday he was in the process of applying for a French passport to maintain his ties with the European Union after Brexit.
Stanley Johnson, a former member of the European Parliament who voted Remain in Britain’s 2016 referendum, told RTL radio he wanted to become a French citizen because of strong family links to France.

Published 31 Dec, 2020 03:54pm

Markets

Sterling extends gains, markets mixed as traders see out 2020

Sterling, in response to the upbeat news, rallied Wednesday and built on the gains in Asian trade, sitting at levels not seen since May 2018.

Published 31 Dec, 2020 09:16am

World

UK parliament approves Brexit trade deal as both sides look to future

Deal signed in Brussels, UK to sign later.
UK lawmakers vote 521 to 73 in favour of deal.
Both sides seek new relationship.

Published 30 Dec, 2020 08:41pm

World

Germany sees rapid EU approval of AstraZeneca's COVID-19 vaccine

Germany has made relatively quick headway, reporting a total of 78,000 shots administered.
Fatalities linked to COVID-19 in Germany hit a record daily high of 1,129 on Wednesday.

Published 30 Dec, 2020 07:45pm

World

China's Xi, EU leaders to hold call on investment deal

EU chiefs Ursula von der Leyen and Charles Michel will be joined by German Chancellor Angela Merkel and French President Emmanuel Macron on the call, the EU said.
The deal addresses complaints by the EU and US about China’s industrial subsidies and forced technology transfers.

Published 30 Dec, 2020 04:57pm

World

European Union: from six to 27

Bulgaria and Romania take the EU to 27 member nations

Published 30 Dec, 2020 11:52am

World

Leaders to sign UK-EU deal as MPs face express debate

Under the EU deal, musicians are not covered by exemptions allowing for free passage of short-term business visitors, sparking warnings that continental tours by UK bands will become unviable.

Published 30 Dec, 2020 09:18am

World

Brexit deal puts UK fishermen in uncharted waters

On January 1, when Britain leaves the single market, the headache begins along with the heartache.

Published 29 Dec, 2020 08:40am

World

COVID-19 hospitalisations continue to rise in France

There were 2,960 new coronavirus infections over the past 24 hours on Monday, down from 8,822 on Sunday and from Saturday's 3,093.

Published 29 Dec, 2020 01:15am

Markets

Wall St follows European stocks higher on stimulus, Brexit

But crude prices slumped as weak demand and a potential increase in production offset the effects of the fiscal aid package.

Published 29 Dec, 2020 01:00am

World

Most UK businesses have prepared for end of Brexit transition

"I think business is broadly in a good place but inevitably with any change, with any transition, there are occasional bumpy moments."

Published 28 Dec, 2020 03:30pm

World

UK's Raab says pursuing trade deals with Australia, US, Indo-Pacific region

"We are pursuing trade deals from Australia to the US and around the world - particularly in the Indo-Pacific region, a huge growth market for the future," Raab wrote in the newspaper.

Published 28 Dec, 2020 10:07am

Markets

Global shares edge up on news Trump signs aid bill

Bitcoin extended gains over the weekend to reach a new high of $28,377.94 before stepping back to $26,457.32, bringing the total value of the cryptocurrency in circulation to over $500 billion.

Published 28 Dec, 2020 09:13am

World

Britain and EU release full text of post-Brexit trade deal

To ratify the deal, Britain's parliament has been recalled to sit on December 30.
A vote in favour is virtually assured after the UK's main opposition Labour Party said its MPs would back it.

Published 26 Dec, 2020 05:48pm

Business & Finance

JGB yields drift higher after weak BOJ buying operation

Yields were also supported by a sense of relief after Britain and the European Union agreed a free trade deal, averting economic turmoil at the year's end - the deadline for Brexit.

Published 26 Dec, 2020 12:38am

Business & Finance

Shanghai copper up for 2nd day on expectations of firming economic recovery

Sterling rose on Thursday as Britain and the European Union clinched a Brexit deal that avoided a chaotic British exit from one of the world's biggest trading blocs.

Published 26 Dec, 2020 12:10am

World

A Brexit trade deal at last: EU and UK clinch narrow accord

“Deal is done,” a Downing Street source said. “We have taken back control of our money, borders, laws, trade, and our fishing waters.”

Published 24 Dec, 2020 08:02pm

World

UK and EU agree to historic Brexit deal

On Thursday, a historic deal on the future of the United Kingdom's historic trading and security relationship with the European Union has finally been struck, a week before the end of the transition period.
Downing Street has issued a statement confirming the deal.

Published 24 Dec, 2020 07:55pm

World

Announcement of UK-EU trade deal expected Thursday morning: EU official

New trade pact on Thursday morning with negotiations still.

Published 24 Dec, 2020 10:45am

Markets

Gold firms on weaker dollar, US stimulus bets

Underscoring the economic hit from the pandemic, data on Wednesday showed elevated US jobless claims and a drop in consumer spending for the first time since May in November.

Published 24 Dec, 2020 09:32am

Markets

Gold steadies as soft US jobs data offsets Trump stimulus threat

The British government on Wednesday said huge swathes of England would be placed under its strictest COVID-19 restrictions as a highly infectious virus variant sweeps the country.

Published 24 Dec, 2020 08:42am

Business & Finance

Yields jump as Brexit deal seen near, curve steepest since 2017

The yield curve between two-year and 10-year yields steepened to 85 basis points, the widest spread since October 2017.

Published 24 Dec, 2020 03:15am

World

EU acts to prepare path to Brexit trade deal, EU sources say

UK leaves EU's orbit at the end of this year.
No deal yet in trade talks, Britain says.
EU prepares path for a trade deal.

Published 23 Dec, 2020 08:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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