Trends - Michel Barnier - Business Recorder

Michel Barnier

Sterling volatility jumps as no-deal Brexit risks rise

Implied volatility gauges for sterling for overnight and one-week maturities jumped to over 17% and 14% respectively as traders braced for more currency market swings.

Published 07 Dec, 2020 01:13pm

EU's Barnier says no UK deal yet: diplomatic source

Updating the EU envoys from 0630 GMT, Barnier said the three most contentious issues in the negotiations have not yet been resolved, according to the diplomat, who was taking part in the closed-door briefing.

Published 07 Dec, 2020 12:30pm

Last-ditch effort to save Brexit trade talks from failure

"We know that 100 percent access to fishing waters in the UK maritime zone is finished," European Affairs minister Clement Beaune told le Journal du Dimanche.

Updated 06 Dec, 2020 06:22pm

World

EU's Barnier says still looking for a way to do UK trade deal

"We keep calm, as always, and if there is still a way, we will see," he told broadcasters in London as he entered the train station to head back to Brussels after talks were paused.

Published 05 Dec, 2020 03:58pm

World

British PM Johnson to speak to EU chief as Brexit talks stall

If the two sides fail to reach a deal, the five-year Brexit divorce will end messily just as Britain and Europe grapple with the vast economic cost of the COVID-19 outbreak.

Published 05 Dec, 2020 03:51pm

World

Brexit briefing for EU envoys cancelled due to ‘intensive negotiations’

An update on the latest in Brexit trade talks by EU negotiator Michel Barnier for national envoys to the bloc will not go ahead on Friday "due to the ongoing intensive negotiations in London".

Published 04 Dec, 2020 05:32pm

Barnier says no guarantee of Brexit trade deal

"We are quickly approaching a make or break moment in the Brexit talks," Barnier told a video meeting of European envoys, a diplomat said, in an account of the video meeting confirmed by other sources.

Published 02 Dec, 2020 03:27pm

World

EU's Barnier says on Brexit: there are reasons for determination

As he entered trade talks in London, Barnier was asked if there was reason for optimism: "There are reasons for determination," he said.

Published 30 Nov, 2020 04:28pm

Barnier says to return to London for Brexit talks

The UK leaves Europe's trade and customs area in five weeks, but talks on a follow-on agreement are still stalled over fishing rights and fair trade rules.

Published 27 Nov, 2020 07:37pm

World

EU's Barnier cannot say yet if new UK trade deal possible

Barnier was expected to go to London for more trade negotiators with his British counterpart, David Frost, as soon as later on Friday or over the weekend.

Published 27 Nov, 2020 04:14pm

World

EU's Barnier moves to break Brexit stalemate

Britain abruptly froze the negotiations after EU leaders at a summit said it was up to Britain, not the EU, to make concessions, which London took as an affront.

Published 21 Oct, 2020 05:31pm

World

Barnier warns 'little time left' as Brexit stalemate drags on

Britain, which left the EU in January but remains bound by most of the bloc's rules until a transition period ends on December 31, accused Brussels of stalling negotiations.

Published 21 Oct, 2020 12:56am

World

Brexit negotiators in new bid to unblock trade talks

London wants the EU side to confirm that both sides will have to make compromises to find a trade agreement.

Published 20 Oct, 2020 06:12pm

World

EU to continue talks with Britain on trade deal in ‘coming weeks’

"The European Council invites the Union?s chief negotiator to continue negotiations in the coming weeks, and calls on the UK to make the necessary moves to make an agreement possible,"

Published 15 Oct, 2020 06:43pm

World

EU unity on Brexit strong, working for a fair deal, Barnier says

"Strong EU unity confirmed ahead of European Council," Michel Barnier tweeted after briefing European Affairs ministers in Luxembourg.

Published 13 Oct, 2020 05:05pm

World

EU's Barnier to return to Brussels after meeting UK's Frost: EU official

The two negotiators' teams are in fraught talks to reach a deal on the future relationship between the EU and Britain ahead of a meeting of the leaders of the 27-nation bloc next week.

Published 09 Oct, 2020 04:33pm

World

EU chief negotiator ‘determined’ to get Brexit deal

The EU says because of Britain's proximity to the bloc, London must agree to a so-called level playing field of fair competition guarantees.

Published 23 Sep, 2020 03:22pm

World

Barnier, Frost meet as UK Brexit bill raises hackles

The negotiators meet as Johnson refuses to back down on controversial new legislation.

Published 17 Sep, 2020 06:46pm

World

Barnier says 'serious divergences' remain in Brexit talks

"Our goal was to get negotiations successfully and quickly on a trajectory to reach an agreement," Barnier said.

Published 02 Jul, 2020 07:09pm

World

EU's Barnier says UK banking proposals 'unacceptable'

Barnier made his comments as the EU and Britain were holding talks in Brussels on forging their future ties after four months of fruitless negotiations.

Published 30 Jun, 2020 09:56pm

World

Britain asks too much of EU in Brexit talks, Barnier says

Britain left the EU, the world's largest trading bloc, on Jan. 31 after 47 years of partnership to the huge regret of EU leaders who now insist that London accept the economic consequences of looser ties.

Published 10 Jun, 2020 08:55pm

World

Brexit free trade talks yield ‘no significant progress’ as deadline nears

They laid out plans to intensify their negotiations and pleaded for political support from their leaders when they assess the situation later in June.
He said the EU and Britain remained far apart on the issues of fair competition guarantees and the

Published 05 Jun, 2020 07:31pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Cotton US¢/pound / May 10	78.18
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Michel Barnier

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