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Ursula von der Leyen

EU clears Pfizer COVID-19 vaccine for first inoculations

The process took longer than the ultra-fast emergency authorisation given by Britain, the first western country to endorse a COVID-19 shot.

Published 22 Dec, 2020 12:21am

World

European medicines regulator to review Pfizer COVID-19 vaccine

The goal of the 27-member European Union is nonetheless to reach coverage of 70% of its 450 million people.

Published 21 Dec, 2020 10:23am

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

EU's von der Leyen says COVID-19 vaccinations in EU to start on Dec. 27, 28, 29

She had previously called for a coordinated start to inoculations on the same day in all 27 EU countries.

Published 17 Dec, 2020 05:28pm

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

Asian markets drift as dealers track US stimulus, Brexit talks

While markets are stuttering this month heading into the Christmas break, Brian Nick at Nuveen sounded a note of optimism.

Published 17 Dec, 2020 08:58am

Markets

Euro rises to highest in more than two years as optimism builds

The euro has risen nearly 13pc since the European Union announced a recovery fund in May.

Published 16 Dec, 2020 07:14pm

Markets

Upbeat EU soundings on Brexit nudge pound higher

The EU's chief executive said on Wednesday she could not say if there would be a trade deal with Britain but there had been progress and the next few days would be critical.

Published 16 Dec, 2020 05:48pm

Markets

Stocks peak on vaccine, U.S. stimulus and Brexit deal hopes; dollar slumps

Europe's strong open saw stocks rise 1pc to nine-month highs, with the UK's FTSE 100 index jumping 1.3pc.

Published 16 Dec, 2020 05:21pm

World

EU chief says 'next days decisive' in Brexit talks

"The next days are going to be decisive," the president of the European Commission told the European Parliament, as intense talks on a post-Brexit trade deal continued nearby in Brussels.

Published 16 Dec, 2020 04:50pm

World

EU members to start Covid-19 jabs 'the same day'

Her statement to the European Parliament came as pressure mounted on the bloc to catch up with the United States and Britain.

Published 16 Dec, 2020 01:24pm

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

Business & Finance

Pound rises on Brexit talks extension, vaccine lifts stocks

The vaccine "is giving markets the ability to look past the valley", Andy Kapyrin, of RegentAtlantic Capital LLC, told Bloomberg TV.

Published 14 Dec, 2020 08:43am

World

UK and EU extend Brexit talks after ditching deadline

Britain cannot compromise on the "fundamental nature" of Brexit, controlling UK laws and fisheries, the prime minister said.

Published 13 Dec, 2020 10:17pm

World

UK and EU leaders due to review Brexit talks from 1200 GMT

As a deadline approached to decide whether to continue or abandon negotiations.

Published 13 Dec, 2020 06:12pm

World

EU's von der Leyen says positions in Brexit trade talks ‘apart’

She said the two sides would decide on Sunday "whether we have conditions for an agreement, or not".

Published 11 Dec, 2020 05:34pm

World

EU leaders save landmark budget as Brexit looms

Leaders were looking to salvage the EU's 1.8-trillion-euro ($2.1-trillion) budget and coronavirus recovery package, seen as vital for the continent's battered economies, after it was blocked by Hungary and Poland over provisions linking it to the respect for rule of law.

Published 11 Dec, 2020 09:18am

World

EU presents contigency measures on Brexit, Commission chief says

The measures would allow smooth air and road travel for the next six months, among other measures, von der Leyen said.

Published 10 Dec, 2020 05:26pm

Markets

Asian markets drop as talks on stimulus, Brexit falter again

Hopes US lawmakers could be close to a breakthrough in deadlocked talks helped fire a rally across Asian markets Wednesday after the White House proposed an economic rescue package that was bigger than a bipartisan plan put forward last week.

Published 10 Dec, 2020 11:56am

Business & Finance

UK signs Singapore trade deal as EU talks falter

The agreement largely replicates an existing EU-Singapore pact, with the city-state saying it will cover more than 17 billion pounds (US$22 billion) in trade.

Published 10 Dec, 2020 11:38am

World

Britain, EU set Sunday deadline to clinch Brexit trade deal

The EU and Britain had cast Thursday's meeting as a chance to break an impasse in negotiations but both acknowledged there was a danger that a trade deal would elude them.

Published 10 Dec, 2020 11:19am

World

Little chance of a trade deal when Johnson, von der Leyen meet

"The probability of a no-deal is increasing," the official said.

Published 09 Dec, 2020 08:58pm

Markets

Pound volatility rises as Johnson, von der Leyen head to last-ditch Brexit dinner

Against the euro, sterling was 0.4pc higher at 90.27 pence, after falling to a seven-week low on Monday.

Published 09 Dec, 2020 06:19pm

World

UK's Gove says on Brexit: sometimes the chiefs can find a way through

Gove cautioned that it could not be a deal at any price and that the EU needed to both make concessions and understand that the United Kingdom was sovereign for there to be a deal.

Published 09 Dec, 2020 05:39pm

Markets

London stocks track Asia gains, no-deal Brexit fears simmer

The blue-chip FTSE 100 was up 0.3% by 0802 GMT, led by financial, energy and consumer discretionary stocks, as Asian shares hit a record high following positive vaccine news.

Published 09 Dec, 2020 01:35pm

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

Britain wants to find a way to get a post-Brexit deal: Ireland's Coveney

"Tomorrow is pivotal," Coveney told Irish national broadcaster RTE, referring to a meeting on Wednesday between British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen.

Published 09 Dec, 2020 11:54am

Markets

Pound teeters, dollar dithers as traders look to Brussels

"Broad positioning is short sterling, but not at extremes by any means. This limits the prospect we get an exaggerated short-covering rally to say $1.3800 or $1.4000."

Published 09 Dec, 2020 10:25am

Markets

Australia, NZ dollars tread water ahead of Brexit talks, US stimulus

Closer to home, a gauge of Australian consumer sentiment hit a 10-year high in a sign domestic activity will remain strong in the final quarter of 2020 after a stellar third-quarter.

Published 09 Dec, 2020 09:43am

Gainers
Losers
Leaders

Stock	Price
First Fidelity Leas. / Jul 7 First Fidelity Leasing Modaraba(FFLM)	3.38 ▲ 0.87 (34.66%)
S.G.Power / Jul 7 S.G. Power Limited(SGPL)	6.27 ▲ 1.00 (18.98%)
First Pak Mod. / Jul 7 First Pak Modaraba(PAKMI)	2.65 ▲ 0.25 (10.42%)
Dawood Equities / Jul 7 Dawood Equities Limited(DEL)	7.48 ▲ 0.67 (9.84%)
Tri-Star Power / Jul 7 Tri-Star Power Limited(TSPL)	5.13 ▲ 0.43 (9.15%)
F.Credit & Inv / Jul 7 First Credit and Investment Bank Limited(FCIBL)	5.99 ▲ 0.48 (8.71%)
Unicap Modaraba / Jul 7 Unicap Modaraba(UCAPM)	1.90 ▲ 0.15 (8.57%)
Quetta Textile / Jul 7 Quetta Textile Mills Limited(QUET)	9.10 ▲ 0.65 (7.69%)
Cres.Star Ins. / Jul 7 Crescent Star Insurance Limited(CSIL)	1.97 ▲ 0.14 (7.65%)
Bal. Wheel / Jul 7 Baluchistan Wheels Limited(BWHL)	71.32 ▲ 4.97 (7.49%)

Stock	Price
PICIC Ins.Ltd. / Jul 7 PICIC Insurance Limited(PIL)	0.82 ▲ -0.11 (-11.83%)
J.A.Textile / Jul 7 J.A. Textile Mills Limited(JATM)	7.14 ▲ -0.71 (-9.04%)
KASB Modaraba / Jul 7 KASB Modaraba(KASBM)	1.78 ▲ -0.16 (-8.25%)
Pak Gen.Ins. / Jul 7 The Pakistan General Insurance Co. Ltd.(PKGI)	9.15 ▲ -0.75 (-7.58%)
Shahtaj Textile / Jul 7 Shahtaj Textile Limited(STJT)	95.27 ▲ -7.72 (-7.50%)
Shams Textile / Jul 7 Shams Textile Mills Limited(STML)	40.18 ▲ -3.25 (-7.48%)
First Tri-Star Mod. / Jul 7 First Tri-Star Modaraba(FTSM)	6.50 ▲ -0.50 (-7.14%)
Gatron Ind. / Jul 7 Gatron (Industries) Limited(GATI)	400.00 ▲ -29.19 (-6.80%)
JS Bank Ltd / Jul 7 JS Bank Limited(JSBL)	3.71 ▲ -0.27 (-6.78%)
Abdullah Shah / Jul 7 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	9.00 ▲ -0.60 (-6.25%)

Stock	Volume
Lotte Chemical / Jul 7 Lotte Chemical Pakistan Limited(LOTCHEM)	5,904,507 ▼ 0.00
Oil & Gas Dev. / Jul 7 Oil & Gas Development Company Limited(OGDC)	4,419,752 ▼ 0.00
Sui North Gas / Jul 7 Sui Northern Gas Pipelines Limited(SNGP)	3,844,760 ▼ 0.00
Pak Refinery / Jul 7 Pakistan Refinery Limited(PRL)	3,692,103 ▼ 0.00
Pak Petroleum / Jul 7 Pakistan Petroleum Limited(PPL)	2,313,751 ▼ 0.00
Agritech Limited / Jul 7 Agritech Limited(AGL)	2,131,000 ▼ 0.00
Tri-Star Power / Jul 7 Tri-Star Power Limited(TSPL)	2,064,000 ▼ 0.00
Nishat ChunPow / Jul 7 Nishat Chunian Power Limited(NCPL)	2,056,000 ▼ 0.00
Attock Refinery / Jul 7 Attock Refinery Limited(ATRL)	1,928,784 ▼ 0.00
Cnergyico PK / Jul 7 Cnergyico PK Limited(CNERGY)	1,928,198 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 6	208.00
USD PKR Interbank Buying / Jul 6	207.80
USD to Japanese Yen / Jul 6	135.65
USD to Swiss Franc / Jul 6	0.97
Pound Sterling to USD / Jul 6	1.19
Euro to USD / Jul 6	1.02
UK LIBOR % / Jul 6	1.56

Stock	Volume
S&P 500 / Jul 6	3845.08
India Sensex / Jul 6	53750.97
Tokyo Nikkei / Jul 6	26338.48
Nasdaq / Jul 6	11361.85
Hang Seng / Jul 6	21405.28
FTSE 100 / Jul 6	7107.77
Dow Jones / Jul 6	31037.68
Germany DAX 30 / Jul 6	12594.52
France CAC40 / Jul 6	5912.38

Item	Value
Crude Oil USD/Barrel / Jul 6	97.80
Karachi Cotton PKR/37.32 KG / Jul 6	16680.00
Gold 10 Grams PKR / Jul 6	118800.00
Gold Spot USD/Ounce / Jul 6	1742.71
Cotton US¢/pound / Jul 6	90.23

Ursula von der Leyen

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