Trends - US sanctions - Business Recorder

US sanctions

Iran opens presidential vote with ultraconservative tipped to win

Tehran blacksmith Abolfazl told AFP of his disappointment as a patriot who took part in the 1979 revolution.

Published 18 Jun, 2021 09:27am

World

Protests erupt in Sudan after petrol subsidy cuts

KHARTOUM: Sudanese blocked streets in Khartoum with burning tyres Thursday to protest a government's decision...

Published 11 Jun, 2021 03:41am

World

Iran mired in economic pain as presidential vote nears

"We don't make any plans, we just live from day to day," said Mahnaz, a 30-year-old saleswoman in a Tehran beauty products shop, summing up the glum mood.

Published 10 Jun, 2021 10:25am

World

Blinken says 'hundreds' of US sanctions to remain on Iran

Blinken reiterated support for returning to the nuclear accord, with which UN inspectors said Iran was complying before Trump pulled out the United States.

Published 08 Jun, 2021 09:19pm

Markets

Putin urges Europe to pay for gas in euros, not dollars

SAINT PETERSBURG: President Vladimir Putin said Friday that European nations should pay for Russian gas in euros, as...

Published 05 Jun, 2021 04:08am

Markets

Oil rises as demand hopes bolster sentiment

NEW YORK: Oil rose more than 1% on Monday as Chinese economic figures and US vaccination rates pointed to a strong...

Published 04 May, 2021 04:26am

Business & Finance

Indian refiner Reliance's March oil imports down 10.3pc y/y

The March imports, at about 1.12 million barrels per day, were 10.8% above the previous month, the data showed.
Reliance shipped in about 11% of its imports from Latin America, compared with 43% a year ago, as the private refiner has stopped buying Venezuelan oil under pressure from US sanctions, the data showed.

Published 03 May, 2021 05:18pm

Opinion

Huawei deepens dive into EVs, seeks control of small automaker

China’s Huawei Technologies is in talks to take control of a small domestic automaker’s electric vehicle unit,...

Published 01 May, 2021 03:28am

Business & Finance

Huawei first-quarter sales drop 16.5pc as US sanctions bite

Huawei said it generated first-quarter revenue of 152.2 billion yuan ($23.4 billion) and attributed the drop to a decline in consumer revenue as the result of offloading a smart device brand.

Published 28 Apr, 2021 04:42pm

Technology

Huawei first-quarter sales drop 16.5% as US sanctions bite

So far, not much has changed on that front.

Published 28 Apr, 2021 01:55pm

Editorials

An Ajam-Arab thaw?

EDITORIAL: Things seem to be changing pretty fast in the Middle East. First the United Arab Emirates (UAE) led a...

Published 22 Apr, 2021 03:55am

US sanctions Pak firm, six nationals for 'meddling' in 2020 elections

WASHINGTON: The US Treasury Department has imposed sanctions on a Pakistan-based company and six individuals for...

Published 18 Apr, 2021 03:09am

World

New US sanctions won't 'help' Putin-Biden summit plans: Kremlin

Dmitry Peskov said that it will be up to Putin and Biden to decide whether the summit will still go ahead.

Published 15 Apr, 2021 05:10pm

World

Cuba loosens ban on cattle slaughter, sales of beef, dairy

HAVANA: Cuba announced that it was loosening a decades-old ban on the slaughter of cattle and sale of beef and dairy...

Updated 15 Apr, 2021 10:09am

World

Iran's Rouhani says Vienna talks open 'new chapter'

The US delegation has set up at a different hotel in Vienna, with EU negotiators acting as go-betweens.

Updated 08 Apr, 2021 05:03pm

Iranian POL products: There’s no ban on import, NA panel told

ISLAMABAD: The Federal Board of Revenue (FBR) Member Inland Revenue Operations (Customs), Tariq Huda Wednesday...

Published 08 Apr, 2021 04:10am

World

Iran's Rouhani says Vienna talks open 'new chapter'

The talks are to resume in Vienna on Friday, a diplomat familiar with the discussions said.

Published 07 Apr, 2021 04:37pm

Iran rejects ‘step-by-step’ lifting of US sanctions

PARIS: Iran wants the United States to lift all sanctions and rejects any "step-by-step" easing of restrictions, the...

Updated 04 Apr, 2021 05:46pm

World

Involved in Nord Stream 2: US warns entities to ‘immediately abandon work’

WASHINGTON: US Secretary of State Antony Blinken called Thursday for "any entity involved" in the controversial Nord...

Updated 19 Mar, 2021 09:35am

World

US sanctions complicate Syria's return to Arab League: UAE

Abdullah said it was an issue that "should be part of dialogue we address clearly with our friends in the United States".

Published 09 Mar, 2021 08:19pm

World

Mali, Emirates facilitated Venezuelan gold trade in 2020, opposition says

The gold was refined in Mali and then resold primarily in the United Arab Emirates (UAE) to allow for Maduro's administration to obtain the equivalent of at least $1 billion in euros in particular.
We are requesting that US and European authorities make their system for dismantling these types of organized crime groups more sophisticated.

Updated 04 Mar, 2021 09:53pm

Business & Finance

Syrian pound hits new low

AMMAN: The Syrian pound fell to a record low on the black market on Wednesday, hit by the ripple effect of currency...

Updated 04 Mar, 2021 09:33am

South Korea, Tehran agree ‘proposals’ on oil billions

SEOUL: South Korea and Iran have agreed a way forward that could see billions of dollars of frozen oil money...

Updated 24 Feb, 2021 09:39am

World

Iran starts limiting UN inspections until US lifts sanctions

Zarif said the changes would have no major immediate impact on the work of the IAEA inspectors.

Published 23 Feb, 2021 08:30pm

Markets

Woodside aims to seal LNG plant stake sale ahead of $11bn gas project go-ahead

However Chief Executive Peter Coleman said on Thursday there was no concern with Lukoil becoming a partner through a takeover of FAR, as FAR's stake in the Senegal project was below the 33% equity threshold for US sanctions.

Published 18 Feb, 2021 12:20pm

Sports

ICC elects new prosecutor

UNITED NATIONS: The International Criminal Court’s 123 member countries on Friday began voting in New York to ...

Published 13 Feb, 2021 04:11am

World

Myanmar anti-coup protesters march again as US sanctions generals

Fresh rallies also cropped up in the cities of Dawei and Mandalay, with protesters carrying signs that said: "Restore our Democracy!"

Published 11 Feb, 2021 04:39pm

Pakistan

Russia-Pakistan ties move into new era: Mustafa

KARACHI: A webinar on “Russia-Pakistan Relations” was moderated by Senior Vice Chairman KCFR; Ambassador Dr....

Updated 10 Feb, 2021 09:43am

World

Turkey hints at compromise with US over Russian missiles

Ankara's purchase has put extra strain on US-Turkey relations, which have also been complicated by the conflict in Syria.

Published 09 Feb, 2021 08:42pm

World

Iran won't resume nuclear commitments until US lifts sanctions: Khamenei

Tehran a year later suspended its compliance with most key nuclear commitments to the deal.

Published 07 Feb, 2021 06:21pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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