Trends - pandemic - Business Recorder

pandemic

Biden leads silent prayer for victims of coronavirus

"We need all our strength to persevere through this dark winter. We're entering what may be the toughest and deadliest period of the virus,"

Published 20 Jan, 2021 11:07pm

World

Biden to assume U.S. presidency amid deep divisions, raging pandemic

Democrat Joe Biden will be sworn in as the 46th president of the United States on Wednesday, assuming the helm of a country beset by deep political divides and battered by a raging coronavirus pandemic.
Biden, 78, will become the oldest U.S. president in history at a scaled-back ceremony in Washington that has been largely stripped of its usual pomp and circumstance.

Published 20 Jan, 2021 03:51pm

Markets

FTSE 100 edges up as HSBC, drugmakers gain

LONDON: British shares inched higher on Tuesday, supported by gains in HSBC and drugmakers, at a time when tighter...

Published 20 Jan, 2021 04:29am

Markets

Oil prices climb

• IEA cuts 2021 oil demand outlook, but sees upturn in H2 NEW YORK: Oil prices climbed with US stock markets on...

Published 20 Jan, 2021 04:29am

Markets

European stocks up

MILAN/FRANKFURT: European stocks inched higher on Tuesday, as possible extension of German lockdowns drew investors...

Published 20 Jan, 2021 04:29am

Markets

SNGPL organises e-kachehri

LAHORE: To facilitate gas consumers through immediate resolution of their complaints, SNGPL organized e-Kachehri at...

Published 20 Jan, 2021 04:29am

Business & Finance

Goldman Sachs 4Q profits surge to $4.4bn

NEW YORK: Goldman Sachs said Tuesday the firm’s fourth-quarter profits more than doubled on a strong performance...

Published 20 Jan, 2021 04:29am

Business & Finance

Germany takes on record debt in 2020, but less than expected

BERLIN: Germany took on record new debt in 2020 to shield the economy from the coronavirus pandemic, but less than...

Published 20 Jan, 2021 04:29am

Business & Finance

Under govt pressure, big US lenders rush to launch more pandemic loans

WASHINGTON: The US government is pressuring large lenders to go live this week with another round of a key federal...

Published 20 Jan, 2021 04:29am

Business & Finance

Sterling slips against euro

LONDON: Sterling slipped against a strengthening euro and gained against a weaker dollar on Tuesday ahead of the...

Published 20 Jan, 2021 04:29am

Business & Finance

Early trade in New York: Dollar slides against most currencies

NEW YORK: The dollar dropped for a second straight session on Tuesday, with broader risk appetite turning more...

Published 20 Jan, 2021 04:29am

Business & Finance

Dollar drops in Europe

LONDON: The dollar dropped on Tuesday as investors prepared for US Treasury Secretary nominee Janet Yellen to talk ...

Published 20 Jan, 2021 04:29am

Business & Finance

Brexit pushes billions into France: bank chief

PARIS: The Bank of France’s governor said Tuesday that Britain’s withdrawal from the European Union has driven...

Published 20 Jan, 2021 04:29am

Markets

Oil gains on stimulus optimism ahead of Biden inauguration

Yellen urged lawmakers to "act big" on the next coronavirus relief package, adding that the benefits outweigh the costs of a higher debt burden.

Published 20 Jan, 2021 12:16am

World

Ireland reports 93 COVID-19 deaths in highest daily total

The high death rate follows a sharp increase in infections in the first 10 days of the year following a relaxation of public-health measures over the Christmas season.

Published 20 Jan, 2021 12:03am

World

UK announces daily record of 1,610 Covid deaths

The UK's total Covid-19 death toll now stands at 91,470, with a further 33,355 new cases also reported over the last day, taking the total number of infections to nearly 3.5 million.

Published 19 Jan, 2021 11:20pm

World

Brexit pushes billions into France: bank chief

The coronavirus pandemic made it even more important to boost business activity, given its severe economic effects.

Published 19 Jan, 2021 07:59pm

World

Germany takes on record debt in 2020, but less than expected

Germany's debt-to-GDP ratio climbed to 70 percent in 2020, Germany's central bank said in December, breaching a European Union maximum of 60 percent.

Published 19 Jan, 2021 07:50pm

World

WHO must be reformed to give it necessary powers

"We are not here to assign blame, but to make concrete recommendations to help the world respond faster and better in future," the panel's co-chair Ellen Johnson Sirleaf.
"I do believe that WHO is reformable," she said.

Published 19 Jan, 2021 07:48pm

World

Pandemic reveals hidden poverty in wealthy Japan

Around 40 percent of workers are in vulnerable "non-regular" jobs with lower wages and contracts that can be terminated easily.

Published 19 Jan, 2021 06:07pm

Business & Finance

Europe 2020 auto sales post record fall as virus hits

"2020 saw the biggest yearly drop in car demand since records began (in 1990)... all 27 EU markets recorded double-digit declines," it added.

Published 19 Jan, 2021 06:03pm

World

China defends Covid-19 response after criticism by experts

China has made attempts to shift the pandemic narrative from the early chaos in Wuhan to the country's success in stopping the virus' spread.

Published 19 Jan, 2021 05:28pm

World

Frankfurt airport traffic nosedives to lowest since 1984

FRANKFURT AM MAIN: The operator of Frankfurt airport said Monday that passenger numbers in 2020 plunged to their...

Updated 19 Jan, 2021 04:43am

World

Sri Lanka to welcome back tourists, but with strict Covid-19 rules

COLOMBO: Sri Lanka will reopen its borders to foreign tourists this week after a 10-month hiatus, officials said...

Updated 19 Jan, 2021 04:42am

Business & Finance

Russian car industry ‘survived’ 2020 despite pandemic

MOSCOW: Russia saw new car sales decrease by 9.1 percent in 2020 on the previous year, as the industry was battered...

Updated 19 Jan, 2021 04:46am

Business & Finance

Turkey’s economy to grow 4pc in 2021

ISTANBUL: Turkey’s economy will grow 4.0% in 2021, rebounding well from a slump brought on by the coronavirus...

Published 19 Jan, 2021 04:22am

Business & Finance

China’s economy picks up speed in Q4

BEIJING: China’s economy picked up speed in the fourth quarter, with growth beating expectations as it ended a...

Updated 19 Jan, 2021 04:46am

Life & Style

Disneyland Paris delays reopening to April 2 due to COVID-19

Due to the prevailing conditions in Europe, Disneyland Paris will not reopen on the 13th of February as initially planned. If conditions permit.

Published 19 Jan, 2021 12:55am

World

WHO pandemic review panel critical of China, WHO delays

It called for a "global reset" and said it would provide recommendations in a final report to health ministers in May.

Published 19 Jan, 2021 12:25am

World

Portugal's daily COVID deaths hit record high as hospitals struggle

Portugal posted 167 COVID-19 related deaths over the last 24 hours, bringing the total to 9,028 since the pandemic began.

Published 19 Jan, 2021 12:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

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

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