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Michel Barnier

UK must honour Brexit pledges or risk 'consequences': Barnier

The EU has already launched legal proceedings against Britain over a unilateral six-month delay to imposing customs controls on goods arriving in Northern Ireland from Britain.

Published 11 May, 2021 05:56pm

World

City of London pays early price of hard Brexit

Mark Simpson, an expert on financial services at the law firm Baker & McKenzie, agreed that by the metric of job losses, London did not need to panic yet.

Updated 14 Feb, 2021 05:13pm

World

EU's Michel calls on Biden to form new transatlantic pact

"Today is more than a transition. Today is an opportunity to rejuvenate our transatlantic relationship, which has greatly suffered in the last four years. In these years, the world has grown more complex, less stable and less predictable".

Published 20 Jan, 2021 03:17pm

World

Barnier becomes EU special adviser on UK ties

BRUSSELS: Michel Barnier, the EU’s chief Brexit negotiator, is to become a special adviser to European Commission...

Published 20 Jan, 2021 04:29am

World

Barnier becomes EU special adviser on UK ties

Barnier said he was honoured to continue working with the commission "for a few weeks".

Published 19 Jan, 2021 09:25pm

World

UK rejected visa-free entry to EU for performers: Barnier

Barnier emphasised that Britain was determined to do away with freedom of movement during negotiations.

Published 14 Jan, 2021 05:23pm

World

Chief characters in Britain's Brexit saga

Prime minister for six years from 2010, David Cameron called the vote on EU membership and led the so-called "Remain" campaign.

Published 04 Jan, 2021 11:57am

World

Barnier plans French politics return after Brexit marathon

Barnier indicated he planned to back, as before his departure to Brussels, the right-wing The Republicans (LR) rather than Macron's The Republic on the Move (LREM).

Published 29 Dec, 2020 06:11pm

Business & Finance

Brexit trade deal between EU and UK possible on Wednesday

The UK wants to gradually curb EU access to its fishing waters over three years, while the bloc is proposing six years, to give its fishing industry longer to adjust.

Published 23 Dec, 2020 10:31am

Markets

Gold inches higher on hopes of further US stimulus

SPDR Gold Trust the world's largest gold-backed exchange-traded fund, said its holdings fell 0.20% to 1,167.53 tonnes on Tuesday from 1,169.86 tonnes on Monday.

Published 23 Dec, 2020 10:18am

Markets

Dollar consolidates losses after week-long drubbing

The dollar index recovered on the day and was last up 0.2pc just short of 90, but remained on track for a fall of 1pc over the week. It had reached its lowest in more than two years at 89.723 on Thursday.

Published 18 Dec, 2020 04:57pm

Markets

Sterling drops as EU's Barnier says just hours left for Brexit deal

The pound hit 2-1/2 yeah highs above $1.36 on Thursday, but Friday's trading session served as a reminder that a deal is far from guaranteed.

Published 18 Dec, 2020 04:56pm

World

Brexit trade talks enter desperate 'final hours'

The European Parliament has demanded that it see the text of any accord by Sunday at the latest, and the UK government says it will not allow talks to go beyond December 31.

Published 18 Dec, 2020 04:53pm

Markets

Dollar consolidates losses after week-long drubbing

The dollar rebounded as much as half a percent against the yen to 103.595 yen but remains 0.5pc down versus the Japanese currency for the week.

Updated 18 Dec, 2020 05:03pm

World

EU's Barnier says ‘extremely difficult’ to agree fishing rights in UK trade talks

While Barnier said the sides were striving at an agreement, he said the 27-nation bloc would not sign a deal that would undercut its cherished single market of 450 million consumers.

Published 18 Dec, 2020 02:35pm

Markets

Bank of England ready to tolerate a Brexit inflation spike

The BoE said it was ready to accept inflation rising temporarily above its 2pc target if a no-deal Brexit caused sterling to fall sharply.

Published 17 Dec, 2020 08:56pm

Markets

Dollar gets global beating as stimulus, Brexit boost risk appetite

The dollar index fell as low as 89.767 against a basket currencies, breaking below 90 for the first time since April 2018.

Published 17 Dec, 2020 08:35pm

World

EU does not expect UK trade deal by Friday

The EU sources said that any agreement that could emerge would produce a "differentiated" system on fishing quotas, but did not expect that to happen by Friday.

Published 17 Dec, 2020 08:09pm

World

Barnier says Brexit talks progress but UK less optimistic

An EU official, who declined to be named, said disagreements over fisheries were not yet resolved, and many more minor issues still required "polishing".

Published 17 Dec, 2020 05:13pm

Markets

Sterling rises above $1.36 on renewed Brexit trade deal hopes

The pound is benefiting from an improvement in the narrative on the chances of a Brexit trade deal this week, almost a year after Britain formally left the European Union.

Published 17 Dec, 2020 04:52pm

Markets

Dollar heavy amid stimulus progress, pound buoyed by Brexit hopes

The Aussie rose 0.1% to 75.372 US cents after touching the highest since June 2018 at 75.780 on Monday.

Published 15 Dec, 2020 08:56am

World

EU's Barnier says ‘next few days’ important for Brexit deal talks

"Fair competition, and a sustainable solution for our fishermen and women, are key to reaching a deal."

Published 14 Dec, 2020 03:26pm

Markets

Sterling up to $1.34 after Brexit talks extended

The pound traded 1.4pc higher to the dollar at $1.3405, having hit the day's high of $1.3411 earlier.

Published 14 Dec, 2020 03:04pm

World

EU's Barnier to brief envoys on Brexit talks on Monday

Sebastian Fischer said EU Chief negotiator will brief EU Ambassadors tomorrow at 8.30 a.m. on the state of play of EU-UK negotiations.

Published 14 Dec, 2020 12:36am

World

UK negotiator in talks at EU HQ on Brexit deadline

Prime Minister Boris Johnson and EU Commission chief Ursula von der Leyen were due to talk by phone later in the day.

Published 13 Dec, 2020 06:31pm

Johnson and von der Leyen decide fate of Brexit deal

"The prime minister will leave no stone unturned in this process, but he is absolutely clear: any agreement must be fair and respect the fundamental position that the UK will be a sovereign nation in three weeks' time," the source said.

Updated 13 Dec, 2020 06:11pm

Markets

European shares join global rally; eyes on Brexit talks

Globally, the S&P 500 and the Nasdaq hit record highs overnight, and Asia shares followed suit.

Published 09 Dec, 2020 01:22pm

World

Johnson jets in to Brussels in bid to save Brexit deal

Irish Prime Minister Micheal Martin welcomed the border agreement, but warned that the broader issue of a trade deal has not yet been resolved.

Published 09 Dec, 2020 12:47pm

World

EU's Barnier says Brexit talks need patience

"I just met David Frost this morning to prepare the next steps," Barnier said on Tuesday.

Published 08 Dec, 2020 06:34pm

World

Decision time nears as Brexit talks enter endgame

Barnier and Frost will resume face-to-face talks later on Monday before reporting back to their respective bosses, EU chief Ursula von der Leyen and UK Prime Minister Boris Johnson.

Published 07 Dec, 2020 03:49pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 23 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 23 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▼ 0.00 (0.00%)
Agro Allianz / Mar 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 23 Allied Bank Limited(ABL)	64.85 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 23 Abbott Laboratories (Pakistan) Limited(ABOT)	399 ▼ 0.00 (0.00%)
Abson Ind. / Mar 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 23 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 23 Attock Cement Pakistan Limited(ACPL)	58.87 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 23 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 23 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▲ 0.00 (0.00%)
Agro Allianz / Mar 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 23 Allied Bank Limited(ABL)	64.85 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 23 Abbott Laboratories (Pakistan) Limited(ABOT)	399 ▲ 0.00 (0.00%)
Abson Ind. / Mar 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 23 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 23 Attock Cement Pakistan Limited(ACPL)	58.87 ▲ 0.00 (0.00%)

Stock	Volume
Fauji Cement / Mar 23 Fauji Cement Company Limited(FCCL)	17,487,500 ▲ 0.00
WorldCall Telecom / Mar 23 Worldcall Telecom Limited(WTL)	11,071,860 ▲ 0.00
Thatta Cement / Mar 23 Thatta Cement Company Limited(THCCL)	9,211,500 ▲ 0.00
Fauji Foods Ltd / Mar 23 Fauji Foods Limited(FFL)	7,792,084 ▲ 0.00
Ghani Glo Hol / Mar 23 Ghani Global Holdings Limited(GGL)	5,968,150 ▲ 0.00
Telecard Limited / Mar 23 Telecard Limited(TELE)	5,558,000 ▲ 0.00
Hascol Petrol / Mar 23 Hascol Petroleum Limited(HASCOL)	4,387,500 ▲ 0.00
Meezan Bank / Mar 23 Meezan Bank Limited(MEBL)	3,700,308 ▲ 0.00
Cnergyico PK / Mar 23 Cnergyico PK Limited(CNERGY)	3,587,106 ▲ 0.00
Maple Leaf Cement / Mar 23 Maple Leaf Cement Factory Limited(MLCF)	3,522,701 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 23	130.66
USD to Swiss Franc / Mar 23	0.92
Pound Sterling to USD / Mar 23	1.23
Euro to USD / Mar 23	1.09
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 22	3936.97
Nasdaq / Mar 22	11669.96
FTSE 100 / Mar 22	7566.84
Dow Jones / Mar 22	32030.11
Germany DAX 30 / Mar 22	15216.19
France CAC40 / Mar 22	7131.12
India Sensex / Mar 23	58237.40
Tokyo Nikkei / Mar 23	27437.56
Hang Seng / Mar 23	19839.01

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 23	70.15
Gold Spot USD/Ounce / Mar 23	1979.86
Cotton US¢/pound / Mar 23	78.84

Michel Barnier

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