BR100 Decreased By (-0.19%)
BR30 Decreased By (-0.4%)
KSE100 Decreased By (-0.14%)
KSE30 Decreased By (-0.34%)
AGHA 6.37 Decreased By ▼ -0.01 (-0.16%)
BECO 4.37 Increased By ▲ 0.15 (3.55%)
BML 62.64 Increased By ▲ 2.32 (3.85%)
BOP 31.62 Decreased By ▼ -0.29 (-0.91%)
CNERGY 11.77 Increased By ▲ 0.42 (3.7%)
CSIL 6.09 Increased By ▲ 0.49 (8.75%)
FCCL 62.09 Decreased By ▼ -1.52 (-2.39%)
FFL 14.73 Increased By ▲ 0.72 (5.14%)
FNEL 1.20 Increased By ▲ 0.03 (2.56%)
KEL 6.16 Decreased By ▼ -0.05 (-0.81%)
KOSM 5.68 Decreased By ▼ -0.05 (-0.87%)
LOTCHEM 25.05 Increased By ▲ 0.22 (0.89%)
MLCF 105.27 Decreased By ▼ -2.00 (-1.86%)
NBP 180.57 Decreased By ▼ -3.27 (-1.78%)
NCPL 53.33 Decreased By ▼ -1.41 (-2.58%)
NPL 54.79 Decreased By ▼ -1.74 (-3.08%)
OGDC 316.09 Decreased By ▼ -0.93 (-0.29%)
PACE 9.39 Increased By ▲ 0.07 (0.75%)
PAEL 35.44 Increased By ▲ 0.69 (1.99%)
PIBTL 13.79 Decreased By ▼ -0.08 (-0.58%)
PPL 225.35 Decreased By ▼ -2.55 (-1.12%)
PRL 80.39 Increased By ▲ 3.13 (4.05%)
PTC 48.02 Increased By ▲ 0.04 (0.08%)
SSGC 24.41 Increased By ▲ 0.56 (2.35%)
TBL 9.38 Increased By ▲ 0.04 (0.43%)
TELE 7.59 Increased By ▲ 0.30 (4.12%)
TPL 25.34 Decreased By ▼ -0.24 (-0.94%)
TPLP 13.10 Decreased By ▼ -0.83 (-5.96%)
TREET 25.04 Decreased By ▼ -0.53 (-2.07%)
TRG 54.83 Increased By ▲ 0.39 (0.72%)
Archive

World

Tuesday, March 31, 2020

Eurozone sentiment in record plunge
World

Eurozone sentiment in record plunge

Eurozone sentiment suffered its steepest ever monthly decline in March as the coronavirus led to declining confidence among consumers and all sectors of the economy, in many cases even before crippling lockdowns were imposed.
Published 31 Mar, 2020 12:00am
EU suspends slot rules for airlines
World

EU suspends slot rules for airlines

The EU on Monday suspended its "use-it-or-lose-it" rules governing slots at airports in an emergency measure for airlines already largely grounded by the coronavirus crisis.
Published 31 Mar, 2020 12:00am
London's Ritz Hotel sold to Qatari investor
World

London's Ritz Hotel sold to Qatari investor

Luxury London hotel The Ritz, currently shut owing to the coronavirus outbreak, has been sold to a Qatari buyer, lawyers overseeing the deal have confirmed, for reportedly just under $1.0 billion.
Published 31 Mar, 2020 12:00am
France urges companies to not pay dividends
World

France urges companies to not pay dividends

France stepped up Monday its calls for firms using state aid to keep afloat during the coronavirus crisis to not pay out dividends to shareholders this year.
Published 31 Mar, 2020 12:00am
Three months that shook global markets
World

Three months that shook global markets

How much damage has the coronavirus and the oil price collapse inflicted on global financial markets this year? Put simply, it has probably been the most destructive sell-off since the Great Depression.
Published 31 Mar, 2020 12:00am
Coronavirus shutdowns to hit Dubai's economic lifeline
World

Coronavirus shutdowns to hit Dubai's economic lifeline

Dubai is closing its famous malls and halting all passenger flights, capping a series of shutdowns on once-thriving sectors that serve as its economic lifeline but which have been sacrificed to curb coronavirus.
Published 31 Mar, 2020 12:00am
Airlines headed for 'apocalypse' without aid: IATA
World

Airlines headed for 'apocalypse' without aid: IATA

The coronavirus pandemic could spell "apocalypse" in the airline industry without urgent government aid, the global aviation association said Tuesday, warning that carriers could lose more than $250 billion in revenues this year alone.
Published 31 Mar, 2020 12:00am
Austrian Airlines extends flight suspension into April
World

Austrian Airlines extends flight suspension into April

Austria's flag carrier Austrian Airlines announced Monday that it was extending the suspension of all its regular services until April 19 as the aviation industry reels from the coronavirus pandemic. "As travel bans imposed because of the coronavirus have
Published 31 Mar, 2020 12:00am
Will the US government nationalize Boeing?
World

Will the US government nationalize Boeing?

About 12 years after the US government bailed out General Motors and Chrysler, Washington policymakers are debating how to throw Boeing a lifeline as it reels from dual crises over the coronavirus and 737 MAX.
Published 31 Mar, 2020 12:00am
France urges idled workers to head to the fields
World

France urges idled workers to head to the fields

French Agriculture Minister Didier Guillaume appealed Tuesday for people laid off amid the coronavirus lockdown to help beleaguered crop and livestock farmers who are in need of labourers as summer approaches.
Published 31 Mar, 2020 12:00am
French lockdown slashes economic activity by 35 percent
World

French lockdown slashes economic activity by 35 percent

Business closures and self-confinement imposed by French authorities to limit the coronavirus threat has cut economic activity by about 35 percent overall, statistics office Insee said Thursday, in its first attempt to gauge the financial impact of the cr
Published 31 Mar, 2020 12:00am
Greek resistance hero Glezos dies
World

Greek resistance hero Glezos dies

Greece's foremost anti-Nazi resistance hero Manolis Glezos died in a hospital Monday at the age of 97, state TV ERT said. ERT said the wartime icon, who had been hospitalised earlier this month with gastroenteritis and a urinary infection, had died of hea
Published 31 Mar, 2020 12:00am
Somali governor killed in Al-Shabaab suicide blast
World

Somali governor killed in Al-Shabaab suicide blast

A governor in Somalia's Puntland has been killed in a suicide bombing claimed by the al-Shabaab jihadist group, police and hospital sources said Monday. Abdisalan Hassan Hersi, governor of Nugaal region, succumbed to his injuries after being rushed to hos
Published 31 Mar, 2020 12:00am
Prince Charles out of virus isolation
World

Prince Charles out of virus isolation

Prince Charles, the eldest son and heir of Queen Elizabeth II, is no longer in quarantine after showing mild coronavirus symptoms, his office said on Monday. "Clarence House has confirmed today that, having consulted with his doctor, the Prince of Wales i
Published 31 Mar, 2020 12:00am
Coronavirus deaths top 35,000 worldwide, most in Europe
World

Coronavirus deaths top 35,000 worldwide, most in Europe

More than 35,000 people have died worldwide from the coronavirus pandemic since it emerged late last year in China, most of them in Europe, according to an AFP tally at 1615 GMT Monday using official figures.
Published 31 Mar, 2020 12:00am
With economy sinking, Trump's own business is in peril
World

With economy sinking, Trump's own business is in peril

As if presiding over the threatened destruction of the US economy by the coronavirus pandemic is not enough, President Donald Trump is watching another more personal business meltdown: the Trump Organization hotel, golf course and real estate business tha
Published 31 Mar, 2020 12:00am
Nature takes back world's empty city streets
World

Nature takes back world's empty city streets

As humans retreat into their homes as more and more countries go under coronavirus lockdown, wild animals are slipping cover to explore the empty streets of some of our biggest cities.
Published 31 Mar, 2020 12:00am
Thyssenkrupp to scrap 3,000 steel jobs
World

Thyssenkrupp to scrap 3,000 steel jobs

German industrial conglomerate Thyssenkrupp on Wednesday announced it was scrapping 3,000 jobs in its troubled steel unit as part of a coronavirus "crisis package".
Published 31 Mar, 2020 12:00am
Coronavirus drives up demand - and pay - for temporary US nurses
World

Coronavirus drives up demand - and pay - for temporary US nurses

US hospitals, bracing for a surge of coronavirus patients just as some staff are under quarantine after being exposed to the virus, are facing a shortage of temporary nurses who can fill in - and being asked to pay as much as double to make it worth it.
Published 31 Mar, 2020 12:00am