Topic

IAG

Australia’s QBE beats profit estimates, maintains annual outlook

Published 16 Aug, 2026 02:24am

BENGALURU: Australia’s QBE Insurance beat first-half profit estimates and maintained its annual outlook on Friday,...

British Airways parent IAG says Mideast war to hit annual profits

Published 08 May, 2026 11:34am

'As a result we expect our profit to be lower than originally anticipated at the beginning of the year'

IAG may get EU warning on Air Europa deal if no remedies in coming weeks

Published 23 Feb, 2024 06:36am

BRUSSELS: British Airways owner IAG may get a warning from EU antitrust regulators on its 400-million-euro ($432.4...

FM, Thomas West discuss peace in Afghanistan

Published 21 Sep, 2023 06:08am

ISLAMABAD: The US Special Representative for Afghanistan Thomas West called on Foreign Minister Jalil Abbas Jilani ...

British Airways-owner IAG says business travel recovering

Published 06 May, 2022 12:02pm

LONDON: British Airways-owner IAG said on Friday it had seen a strong recovery in business travel in the first...

British Airways owner IAG expects return to profit in 2022

Published 25 Feb, 2022 12:39pm

LONDON: British Airways owner IAG said it expected passenger capacity to grow to 85% of pre-pandemic levels and a...

BA-owner IAG not planning to tap investors for funds

Published 20 Sep, 2021 05:23am

LONDON: British Airways owner IAG is not planning to raise billions of euros from shareholders to get the company...

UK launches action against Ryanair and BA over refunds

Published 09 Jun, 2021 12:53pm

During periods of lockdown across Britain, the airlines refused to give refunds to people that were lawfully unable to fly.

European stocks mark worst sell-off this year

Published 12 May, 2021 04:23am

AMSTERDAM/LONDON: European stocks tumbled from all-time highs on Tuesday, with the travel, retail and technology...

British Airways-owner IAG launches 800mn euro convertible bond

Published 11 May, 2021 12:30pm

IAG said that given the continuing uncertainty around air travel the new funds would help the group's overall liquidity position.

FTSE 100 edges lower

Published 11 May, 2021 04:39am

LONDON: London’s FTSE 100 dipped on Monday as weakness in industrial stocks and a stronger pound following the...

British Airways-owner IAG posts 1.14bn euro Q1 loss

Published 07 May, 2021 11:42am

Flying just 20% capacity in the three months to the end of March resulted in the group posting the operating loss before exceptional items of 1.14 billion euros.

International passenger traffic down 89% in February, no sign of recovery: IATA

Published 08 Apr, 2021 10:01am

“International passenger traffic was down almost 89% and is showing no signs of recovery in the current environment,” IATA’s new director general Willie Walsh said at a presentation on Wednesday.

Australia shares slip as Sydney faces worst floods in 60 years; insurers slump

Published 22 Mar, 2021 11:44am

Energy stocks also helped limit losses in the index, gaining 1.7% to be on track for their best session since March 12 on firmer oil prices.

Virus-hit airline giant IAG dives to 6.9bn euro loss

Updated 01 Mar, 2021 09:41am

LONDON: British Airways owner IAG said Friday it suffered a 2020 net loss of 6.9 billion euros ($8.4 billion) as the...

Virus-hit airline giant IAG dives to 6.9-bn-euro loss

Published 26 Feb, 2021 02:36pm

"The group continues to reduce its cost base and increase the proportion of variable costs to better match market demand," said Gallego.

Ireland in talks with Aer Lingus on further financial support

Published 18 Feb, 2021 07:47pm

Ireland's sovereign wealth fund said earlier this month that it had provided a 150 million euro ($181.2 million) three-year loan to the airline that is also a recipient of the state's wage subsidy scheme for firms hit by the COVID-19 pandemic.
To say very clearly, Aer Lingus will not be allowed to fail. It is already receiving substantial financial support from government.

British Airways to trial mobile health passport on some flights

Published 29 Jan, 2021 08:11pm

BA, owned by IAG, said on Friday it would trial the use of a mobile travel health passport, VeriFLY, following American Airlines, which is already using it.
Flying is currently at minimal levels, with flight volumes in Britain down more than 80% due to lockdowns and restrictions which ban most people from travelling.

British Airways-owner IAG buys Air Europa in cut-price 500mn euro deal

Published 20 Jan, 2021 02:08pm

Given current cash pressures due to a lack of travel, IAG said that net cash outflow from the deal would be minimal in 2021.

BR100
BR30
KSE100
KSE30
KMI30

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 15	330
Diesel/Litre / Nov 15	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

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