Trends - pandemic - Business Recorder

pandemic

Britain slashes 2021 growth in virus-fighting budget

Sunak warned parliament that the "coronavirus has done and is still doing profound damage".

Published 03 Mar, 2021 07:48pm

World

Brussels wants EU deficit rules suspended until 2023

The EU executive suspended the rules a year ago as the European Union sank into its deepest recession since World War II.

Published 03 Mar, 2021 05:06pm

World

Charity calls for urgent action over virus school closures

LONDON: Children worldwide have lost more than a third of the standard global 190-day school year because of the...

Updated 03 Mar, 2021 09:37am

China extends innovation lead over US

GENEVA: China, which last year overtook the United States as the world's top filer of international patents, a key...

Updated 03 Mar, 2021 09:35am

Markets

India’s fuel demand may rise

NEW DELHI: India’s fuel consumption could rise by 9.8% in the year to March 2022, its highest pace of growth in ...

Published 03 Mar, 2021 05:49am

Business & Finance

Canada’s economy contracted by a record 5.4pc in 2020

OTTAWA: Canada’s pandemic-hit economy contracted 5.4 percent in 2020, its worst plunge on record, despite a strong...

Published 03 Mar, 2021 05:49am

Markets

Chicken price surges by Rs8

LAHORE: The price of chicken meat has once again jumped by eight rupees to Rs 339 per kilograms in the provincial...

Published 02 Mar, 2021 05:50am

Business & Finance

PRA collects Rs10.1bn in Feb

LAHORE: Punjab Revenue Authority (PRA) has collected Rs 10.1 billion in the month of February 2021 compared to Rs ...

Updated 02 Mar, 2021 09:44am

Business & Finance

Italy debt soars

ROME: Italy’s public debt soared last year, rising more than 20 percentage points as the coronavirus pandemic...

Updated 02 Mar, 2021 09:44am

Business & Finance

Pent-up demand driving global factory revival

• Eurozone factories buzzing amid soaring demand • Japan manufacturing expands at fastest pace in two years ...

Updated 02 Mar, 2021 09:44am

Business & Finance

Turkey emerges from Covid-19 hit with 1.8pc economic growth

ISTANBUL Turkey’s economy grew 5.9% in the fourth quarter and 1.8% in 2020 as a whole, annual data showed on...

Updated 02 Mar, 2021 09:44am

Business & Finance

Hopes for WTO momentum as new boss takes charge

The Ottawa Group, which brings together the EU and 12 countries including Brazil, Canada and Switzerland, will meanwhile demand that countries commit not to hinder the flow of medical goods during the pandemic, and remove customs duties on those considered essential.

Published 01 Mar, 2021 10:44am

Technology

Hi, Robot: Japan’s android pets ease virus isolation

TOKYO: Nami Hamaura says she feels less lonely working from home thanks to her singing companion Charlie, one of a...

Updated 01 Mar, 2021 06:49am

Business & Finance

Airbnb and DoorDash log losses as they ride out pandemic

SAN FRANCISCO: Airbnb and DoorDash on Thursday reported their first financial results as publicly traded companies,...

Updated 01 Mar, 2021 09:41am

World

Britain says farewell to pandemic hero Captain Tom Moore

LONDON: Britain bid farewell on Saturday to Captain Tom Moore with a televised funeral for the 100-year-old war...

Published 28 Feb, 2021 04:55am

Business & Finance

'Never bet against America,' Warren Buffett advises investors

WASHINGTON: Ninety-year-old billionaire Warren Buffett reaffirmed his fervent belief in the American Dream in a...

Published 28 Feb, 2021 04:55am

Business & Finance

Brazil’s Vale posts $4.8bn profit in 2020

RIO DE JANEIRO: Brazilian mining company Vale posted a net profit of $4.8 billion last year, though its bottom line...

Published 28 Feb, 2021 04:55am

World

Britain says farewell to pandemic hero Captain Tom Moore

Soldiers formed a guard of honour at the small ceremony held by Moore's family at a crematorium in Bedford in central England.

Published 27 Feb, 2021 06:03pm

Business & Finance

SCB Pakistan posts profit before tax of Rs23.6bn

KARACHI: Standard Chartered Bank (Pakistan) Limited, the country's largest and oldest international bank, announced...

Published 27 Feb, 2021 04:29am

Business & Finance

American incomes surge in January due to pandemic aid

WASHINGTON: An injection of pandemic aid filled Americans’ wallets last month, though spending rose modestly,...

Published 27 Feb, 2021 04:29am

Business & Finance

Deutsche Telekom posts record revenues in 2020

BERLIN: German telecoms operator Deutsche Telekom said Friday it had defied the coronavirus pandemic to post record...

Published 27 Feb, 2021 04:29am

Editorials

‘Dangerous divergence’ warning again

EDITORIAL: For the second time in the same month the managing director of the International Monetary Fund (IMF),...

Published 27 Feb, 2021 04:29am

Opinion

IMF MD’s ‘deep’ concern

This is apropos a Business Recorder news item “IMF MD warns Covid-19 leaving some states behind” carried by the...

Published 26 Feb, 2021 05:20am

Business & Finance

UK bank Lloyds logs profit slump on virus hit

Pre-tax profit tumbled 72 percent to £1.2 billion, while income tanked by around one third to £29.2 billion.

Published 24 Feb, 2021 05:51pm

World

South Africa sets out budget as economy reels from pandemic

Resilience will be needed after a year of rolling restrictions on movement and business to curb the coronavirus outbreak.

Published 24 Feb, 2021 05:23pm

Business & Finance

Moody’s expects Islamic banking to expand across South Asia post-pandemic

As per a new report by Moody's Investors Service, Islamic banks in South and Southeast Asia have sufficient capital and liquidity to meet increased demand for financing as economies recover from the pandemic, while young, growing populations and government efforts to develop the sector will support long-term growth.

Published 24 Feb, 2021 04:17pm

Opinion

Restaurants on road

Challenges provide space to opportunities. I do have certain physical limitations and have many challenges but I...

Published 24 Feb, 2021 05:24am

Business & Finance

HSBC ramps up Asia pivot as pandemic hammers profits

HONG KONG: HSBC on Tuesday vowed to accelerate its Asia pivot despite spiralling tensions between China and the West...

Updated 24 Feb, 2021 09:39am

World

Austria bets on millions of tests to contain Covid-19

She says tests are a key weapon in the fight against the pandemic until the vaccine rollout has been completed.

Published 23 Feb, 2021 10:03am

Pakistan

Total number of vaccinated persons 55,508 till to date: Nausheen Hamid

She said that Sehat Sahulat Program is a social health protection initiative of Federal and Participating provincial governments.

Published 22 Feb, 2021 08:20pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

pandemic

Most Popular