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European Union

Fifth Round of Pak-European Strategic Dialogue being held today

Foreign office states the two sides would interalia share assessments on the current situation of Covid-19 pandemic

Published 03 Nov, 2020 02:18pm

World

EU will work to last minute get a Brexit trade deal, Sefcovic says

"It has to be a fair agreement for both sides - we are not going to sign an agreement at any cost," Sefcovic told reporters after a meeting with Britain's Brexit supremo Michael Gove in London.

Published 19 Oct, 2020 04:16pm

World

EU leaders agree to hold frequent COVID video-conferences

Underlining those risks, the head of the European Commission and the Finnish prime minister have had to leave a two-day EU summit that ends on Friday as a COVID-19 precaution.

Published 16 Oct, 2020 03:31pm

World

EU tells Britain to give ground to secure trade deal, UK to respond Friday

EU leaders put ball in UK's court on new trade deal.
UK Brexit negotiator says is disappointed and surprised.
EU grants more time for talks, UK PM to respond on Friday.
COVID-19 devastation makes deal more essential – Ireland.

Published 16 Oct, 2020 12:24am

Markets

EU watchdog works on ‘Plan B’ to move euro clearing from London

LCH clears the vast majority of euro-denominated swaps, an activity core to London's role as a global financial centre and which EU has long wanted to be in the bloc.

Published 14 Oct, 2020 07:51pm

World

Brexit talks at impasse on three key issues, EU diplomat says

"We want to be reassured on these three topics ... we see no movement on the other side of the Channel," the official said.

Published 14 Oct, 2020 05:17pm

World

Merkel says EU won't let Ireland down over Brexit

"But we have to bear in mind the realities because an agreement has to be in the interests of both sides, in the British interest and in the interest of the EU's 27 member states."

Published 13 Oct, 2020 07:24pm

World

EU rules out sending observers for Venezuela vote

"As the elections are not going to be postponed, the European Union can not even consider sending an election observer mission," the EU's top diplomat Josep Borrell told the European Parliament.

Published 07 Oct, 2020 04:54pm

World

EU wants a trade deal with Britain, but cannot exclude ‘no-deal’

Speaking to the European Parliament, Sefcovic said the EU's chief negotiator Michel Barnier and his team had the EU's full support.

Published 06 Oct, 2020 04:42pm

Markets

EU weekly grain export/import data delayed

The figures are usually published at around 4 pm CET (1400 GMT) on Mondays.

Published 05 Oct, 2020 07:29pm

World

Brexit trade talks to go on until mid-October EU summit

This week's round of negotiations between the EU and London on a new trade agreement after Brexit, the last scheduled, failed to resolve all the outstanding issues, the sources said.

Published 02 Oct, 2020 06:46pm

World

EU launches legal case against UK over Internal Market Bill

Such so-called infringements could lead to hefty fines being imposed by the EU's top court but that takes years, leaving plenty of time for the UK to change tack.

Published 01 Oct, 2020 03:13pm

EU summit postponed after Michel guard catches virus

Michel had learnt that "a security officer, with whom he was in close contact early last week, tested positive for COVID", Leyts said.

Published 22 Sep, 2020 08:56pm

Markets

EU to delay euro clearing decision on Brexit divorce threat

The European Commission was due to formally take that decision later this week, but is now expected to delay it until around the end of the month.
The delay was linked to Britain's perceived unpicking of the Withdrawal Agreement it signed with the bloc.

Updated 14 Sep, 2020 06:59pm

World

EU to hone ‘carrot and stick’ line on Turkey, top official says

EU schedules Sept. 24-25 summit on dealing with Turkey.
To back members Greece, Cyprus in eastern Med row with Ankara.
Dispute over maritime boundaries in energy exploration area.
EU treading thin line in approach to NATO ally Turkey.

Published 04 Sep, 2020 05:16pm

World

No-trade deal Brexit fears rise as talks stuck on state aid

UK sees 30%-40% chance of Brexit trade deal - Times
EU diplomat says it is 50-50
EU's Michel uncertain of a deal
Talks due in London next week.

Published 04 Sep, 2020 05:05pm

World

EU hopeful first vaccine doses will come by end of year

Assuming one dose per person, such a first batch would cover 6-7% of the EU population.
These doses will be distributed pro-rata among the member states and so on and so forth until we get to a total of the 300 million doses we have negotiated.

Updated 03 Sep, 2020 07:25pm

World

EU eyes initial COVID-19 vaccination for at least 40pc of population

Plan may deal new blow to WHO as EU shuns global procurement.
EU vaccination targets twice as high as WHO's global goal.
Potential COVID-19 vaccines likely in short supply for long.
EU sees single-shot COVID vaccines as unlikely, eyes boosters.

Published 26 Aug, 2020 06:45pm

World

EU urges Turkey to halt gas hunt in east Mediterranean

Turkey's latest announcement "regrettably fuels further tensions and insecurity in the Eastern Mediterranean", Josep Borrell said.

Published 17 Aug, 2020 01:41am

World

EU agrees first COVID-19 vaccine deal with AstraZeneca in WHO blow

The Commission did not disclose the terms of the new deal and declined to say whether it had replaced the IVA's.

Published 14 Aug, 2020 05:49pm

World

EU releases 33 million euros emergency aid for Beirut blast

Di Maio said Italy had sent "firemen, soldiers, specialists... and eight tonnes of medical aid".

Published 07 Aug, 2020 02:19am

Markets

EU to restrict exports to Hong Kong over security law

The bloc has expressed deep concerned over the new law, which critics say will severely curb Hong Kong's longstanding autonomy and relative freedom.

Published 28 Jul, 2020 04:42pm

World

EU scales back digital budget by 18pc amid virus recovery fund wrangle

The financial envelope for the implementation of the Digital Europe programme for the period 2021-2027 will be 6,761 million euros.
An ambitious 100 billion euro research and innovation programme called Horizon Europe is being trimmed to 75.9 billion euros.

Updated 21 Jul, 2020 12:02am

World

EU grapples over virus recovery as global death toll passes 600,000

Michel's latest plan includes a "super emergency brake" that gives any country a three-day window to trigger a review by all member states of another's spending plans.

Published 19 Jul, 2020 10:11am

World

EU in talks with Moderna, BioNtech, CureVac to secure possible COVID vaccines

Bloc seeks to secure at least 200 million doses of J&J shot.
Talks show EU's assertive line in race to COVID shots, drugs.
Negotiations led by team selected by all 27 EU states.

Published 17 Jul, 2020 06:14pm

World

EU extends Crimea sanctions by 12 months

The measures prohibit certain exports and imports from Crimea, and ban EU-based companies from investment and tourism services in the strategic Black Sea peninsula.

Published 18 Jun, 2020 07:28pm

World

EU ready to go it alone on taxation of digital firms

He was responding to the decision by the United States to pull out of negotiations on a global solution to taxing digital services on Wednesday.

Published 18 Jun, 2020 03:55pm

World

EU member states agree specs for coronavirus app interoperability

In an announcement coinciding with the launch of Germany's app, the Brussels-based executive said it will be responsible for managing a central gateway for national apps to 'talk' to each other.

Published 16 Jun, 2020 04:03pm

World

EU to tackle unfairly aided foreign firms on EU buying spree: EU draft

European Competition Commissioner Margrethe Vestager, who will present the proposal on June 17.
There is an increasing number of incidences in which foreign subsidies appear to have facilitated the acquisition of EU undertakings.
Failure to do so c

Published 13 Jun, 2020 12:27am

World

EU to draw up safe countries list as borders open to travellers

Under the Commission proposal, travellers would be allowed in based on their place of residence, not nationality, and they would not have to go into quarantine on arrival.

Published 11 Jun, 2020 06:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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