Trends - pandemic - Business Recorder

pandemic

China trade surplus with US widens 7.1pc to $317bn in 2020

In December, however, both exports and imports rose more than expected, at 18.1 percent and 6.5 percent respectively.

Published 14 Jan, 2021 05:21pm

World

German economy sees biggest blow since financial crisis

In 2009, in the midst of a global economic crisis, gross domestic product (GDP) had plunged by 5.7 percent.

Published 14 Jan, 2021 05:17pm

World

COVID-19 infection gives some immunity for at least five months, UK study finds

People who have had COVID-19 are highly likely to have immunity to it for at least five months but there is evidence that those with antibodies may still be able to carry and spread the virus.
But experts cautioned that the findings mean people who contracted the disease in the first wave of the pandemic in the early months of 2020 may now be vulnerable to catching it again.

Published 14 Jan, 2021 03:23pm

World

UK reports new daily high of 1,564 COVID-19 deaths, second wave now more deadly

The reported daily number of deaths exceeded the 1,325 recorded on Jan. 8 and comes as Britain battles a new, more transmissible variant of the virus.

Updated 14 Jan, 2021 12:38am

World

UK PM Johnson ‘more and more obsessed’ about climate change action

"I'm becoming more and more obsessed with what we can do," Johnson said, adding that the green agenda provided an opportunity to aid economic recovery from the COVID-19 pandemic.

Published 14 Jan, 2021 12:10am

World

Turkey to begin mass COVID-19 vaccination on Thursday with Sinovac shot

Turkey has been hit hard by the pandemic, with around 23,000 people dying from the virus and more than 2 million infected.

Published 13 Jan, 2021 11:58pm

Markets

Oil falls as pandemic fuel demand threat faces U.S. crude drawdown

Brent crude prices were down 46 cents at $56.12 a barrel by 12:43 p.m. EST (1743). An earlier rise took prices as high as $57.42 a barrel, the strongest since Feb. 24.

Published 13 Jan, 2021 11:55pm

World

Second year of pandemic 'could even be tougher': WHO's Ryan

The worldwide death toll is approaching 2 million people since the pandemic began, with 91.5 million people infected.

Published 13 Jan, 2021 11:48pm

World

ECB's Lagarde confident on outlook despite virus surge

The ECB in December forecast economic growth in the 19-nation euro area at 3.9 percent in 2021.

Published 13 Jan, 2021 08:04pm

Business & Finance

Pandemic boosts profits at India's Infosys

Quarterly revenue at India's second-largest IT company climbed 12.3 percent to 259.27 billion rupees from a year ago.

Published 13 Jan, 2021 07:57pm

World

Pandemic-driven shift to home work carries risks, UN says

The ILO estimated that in 2019, there were about 260 million home-based workers around the world, representing 7.9 percent of global employment.

Published 13 Jan, 2021 07:27pm

World

US Covid-19 deaths hit daily record as China rushes to contain outbreaks

Coronavirus patients at the overstretched hospital were crammed into hallways, makeshift ICU beds and even the pediatric ward.

Published 13 Jan, 2021 05:26pm

Markets

Gold slips as U.S. yields gain upper hand again

Gold is generally considered a hedge against the inflation and currency debasement that can result from widespread stimulus.

Published 13 Jan, 2021 12:24am

World

Sri Lanka pleads for debt rollover as economy falters

Sri Lanka's economy contracted by 3.9 percent last year, its worst-ever slump.

Published 12 Jan, 2021 08:02pm

Business & Finance

Renault 2020 sales slump on pandemic

Renault continued to dominate the European electric car market last year with sales of 115,888 vehicles, up more than 101 percent.

Published 12 Jan, 2021 05:40pm

Technology

Global PC Market Witnesses First Big Growth in a Decade

Personal Computers (PC) Market witnessed highest growth since 2010.
Growth in the Global PC Market accelerated with a surge in demand for PCs due to an increase in remote work and learning needs during the Pandemic.

Published 12 Jan, 2021 02:45pm

Markets

Russia seen lowering state FX sales in coming month, survey shows

In the previous period, between Dec. 7 and Jan. 14, the ministry had planned to sell 50.8 billion roubles.

Published 12 Jan, 2021 02:29pm

World

Spain's COVID-19 incidence jumps after record weekend surge

Health emergency coordinator Fernando Simon blamed the surge on lax restrictions over the Christmas holidays and said he expected the increase to continue for some time.

Published 11 Jan, 2021 11:51pm

World

PM Johnson says UK in 'race against time' as it faces worst weeks of pandemic

The first daily vaccination statistics showed that nearly 2.3 million people had so far received their first doses of a COVID vaccine and nearly 400,000 had received a second dose.

Updated 12 Jan, 2021 12:02am

Pakistan

12 deaths, 599 new cases of COVID-19 reported in Punjab

The Punjab Health department conducted 2,612,326 tests for COVID-19 so far while 130,358 confirmed cases recovered altogether in the province.

Published 11 Jan, 2021 10:07pm

World

China threatens 'counterstrike' over US contact with Taiwan

Beijing says Taiwan is an inviolable part of China to be reclaimed, by force if necessary.

Published 11 Jan, 2021 05:41pm

World

German virus deaths top 40,000 as Merkel warns of 'hardest weeks'

More than 1.9 million people have been infected so far, with almost 17,000 new cases added since Saturday.

Published 10 Jan, 2021 04:42pm

World

A year after first death in China, coronavirus source still a puzzle

Diana Bell, a wildlife disease expert at the University of East Anglia who has studied the SARS virus, Ebola and other pathogens, said focusing on a particular origin species is misguided.

Published 10 Jan, 2021 11:39am

World

US sets new record with nearly 290,000 Covid cases in 24 hours: Johns Hopkins

The day before, the US had recorded a record of nearly 4,000 deaths in 24 hours.

Published 09 Jan, 2021 07:06pm

Sports

Weakened West Indies face 'multiple' tests on Bangladesh tour

There has been no international cricket in Bangladesh since March and the cricket board is taking no chances.

Published 09 Jan, 2021 06:21pm

World

New US jobless claims still high in final week of 2020 at 787,000

Another 161,460 people filed claims under a program for freelance workers not normally eligible for government benefits in the week ended January 2.

Published 07 Jan, 2021 08:46pm

World

Pandemic tips more into extreme poverty in Nigeria's Lagos

Thousands of families live in the floating slum, often in tightly packed huts with no running water or electricity.

Published 07 Jan, 2021 06:52pm

World

EU fiscal rules must remain flexible until 2022: Portugal finance minister

In 2019, the economy grew 2.2%, helping Portugal to reach its first budget surplus in 45 years, of 0.1% of GDP.

Published 07 Jan, 2021 04:55pm

Pakistan

KP CM hands over Rs7mn cheque to bereaved family of Shaheed Dr Javed

While lauding the services of healthcare workers and other frontline workers during Coronavirus pandemic.

Published 07 Jan, 2021 12:12am

World

US private employment dropped 123,000 in December: ADP

Services firms lost 105,000 jobs, including 58,000 in leisure and hospitality, while manufacturing dropped 21,000.

Published 06 Jan, 2021 08:02pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.52
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.08

Stock	Volume
S&P 500 / May 9	5214.08
India Sensex / May 9	72404.17
Tokyo Nikkei / May 9	38486.69
Nasdaq / May 9	16346.27
Hang Seng / May 9	18537.81
FTSE 100 / May 9	8381.35
Dow Jones / May 9	39387.76
Germany DAX 30 / May 9	18686.60

Item	Value
Crude Oil USD/Barrel / May 9	79.64
Karachi Cotton PKR/37.32 KG / May 9	19935
Gold 10 Grams PKR / May 9	205075
Gold Spot USD/Ounce / May 9	2347.74
Cotton US¢/pound / May 9	78.60
Petrol/Litre / May 10	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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