News Archives for World - 2020-07-02

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USA

Venezuela says won't expel envoy, but demands EU action

"And we hope therefore, that there will also be gestures from Europe to have a much more objective position on the events in our country," he said.

Published 02 Jul, 2020 11:36pm

Europe

Merkel 'can't imagine' EU recovery package delay

"We need to reach an agreement over the summer, I absolutely cannot imagine any other option," said Merkel, whose country has just taken over the rotating EU presidency for six months.

Published 02 Jul, 2020 11:28pm

USA

Argentine ex-president Menem back in hospital with breathing difficulties

It is only three days since Menem, who was president from 1989-99, was discharged after two weeks in hospital receiving treatment for a severe pneumonia.

Published 02 Jul, 2020 11:24pm

World

Unilever's India unit to rebrand 'Fair & Lovely' cream to 'Glow & Lovely'

The move comes a week after different tea and soap makers announced they would drop words such as "fair," "fairness," "white,", "whitening" from its marketing in a push to move away from a single ideal of beauty

Published 02 Jul, 2020 08:55pm

South Asia

Modi 'warmly congratulates' Putin

The constitutional reforms approved in a nationwide vote by 77.92 percent of Russian voters could allow Putin to extend his rule until 2036.

Published 02 Jul, 2020 08:50pm

South Asia

India clears purchase of Russian combat jets worth $2.4bn

Tensions between India and China are at their highest in years following a clash last month in a disputed stretch of the border in the western Himalayas in which India lost 20 soldiers.
The green light for the Russian planes followed a visit to Moscow last month by Defence Minister Rajnath Singh where he urged his hosts to speed up deliveries, officials said.

Published 02 Jul, 2020 08:50pm

World

India clears purchase of Russian combat jets worth $2.4 billion

The approval for 21 MiG-29 planes and a dozen Su-30 jets will together cost 181.48 billion rupees

Published 02 Jul, 2020 08:42pm

World

World's e-waste 'unsustainable', says UN report citing China, India and U.S

China, with 10.1 million tonnes, was the biggest contributor to e-waste, and the United States was second with 6.9 million tonnes. India, with 3.2 million tonnes, was third

Published 02 Jul, 2020 07:47pm

Europe

Putin thanks Russians for 'support and trust' after vote

Putin said we need internal stability and time to strengthen the country and its institutions.

Published 02 Jul, 2020 07:12pm

Europe

Barnier says 'serious divergences' remain in Brexit talks

"Our goal was to get negotiations successfully and quickly on a trajectory to reach an agreement," Barnier said.

Published 02 Jul, 2020 07:09pm

USA

Canada exports jump in May, imports down amid supply challenges

Total exports rose 6.7% to C$34.6 billion ($25.5 billion) in May, its largest jump since January 2014 bouncing back from historic declines in April.
"Looks like the worst is behind us, there's a small rebound and it's broadly based, which is good news," said Peter Hall.

Published 02 Jul, 2020 07:07pm

USA

US gains 4.8 million jobs in June, unemployment falls to 11.1pc

1.43 million people filed initial claims for unemployment benefits last week, only slightly less than the prior week.

Published 02 Jul, 2020 07:06pm

USA

US trade deficit widens as in May virus hits exports: govt

The goods deficit widened to $76.1 billion, while the services surplus ticked down to $21.5 billion.

Published 02 Jul, 2020 07:04pm

World

US Supreme Court to hear Trump appeal over Russia report documents

The justices are due to hear the case in their next term, which starts in October, meaning the dispute is unlikely to be resolved before the Nov. 3 election.
The justices took up the administration's appeal of a March ruling by the US Court of Appeals for the District of Columbia Circuit that material must be given to lawmakers.

Published 02 Jul, 2020 07:03pm

World

India opens vast railway network to private players

"This is the first initiative of private investment for running passenger trains over Indian Railways network," the ministry said.

Published 02 Jul, 2020 06:21pm

Middle East

Iran says virus deaths top 11,000

"In the past 24 hours, we lost 148 of our compatriots due to infection with COVID-19," health ministry spokeswoman said.

Published 02 Jul, 2020 06:19pm

Europe

EU calls on Moscow to investigate reported vote irregularities

"We expect these reports to be duly investigated because these are serious allegations," Stano said.

Published 02 Jul, 2020 06:18pm

USA

US job growth accelerates in June; unemployment rate falls

Nonfarm payrolls increased by 4.8 million jobs in June, the Labor Department's closely watched monthly employment showed on Thursday.
The job gains added to a stream of data, including consumer spending, showing a sharp rebound in activity.

Published 02 Jul, 2020 06:12pm

South Asia

Vietnam protests Chinese military drills in South China Sea

Vietnam and the Philippines warned of growing insecurity in Southeast Asia at a regional summit last Friday.
"China's drills around (the Paracels) seriously violate Vietnam's sovereignty", foreign ministry.

Published 02 Jul, 2020 05:39pm

Middle East

Saudi-led coalition launches operation against Yemen rebels

Huthi rebels said that the coalition had launched 57 air strikes on Sanaa and their northern stronghold of Saada.

Updated 02 Jul, 2020 06:17pm

World

Covid-19 strain in Beijing outbreak may have come from Southeast Asia: researchers

The coronavirus outbreak in Beijing has raised concerns about China's vulnerability to a "second wave" of infections

Published 02 Jul, 2020 03:47pm

World

India's tally of coronavirus infections crosses 600,000

The increase presents a severe challenge for India’s strained medical capacity and overburdened health system.

Published 02 Jul, 2020 10:29am

World

Japanese capital sees more than 100 more coronavirus cases

Officials have repeatedly said they see no need to declare a new state of emergency.

Published 02 Jul, 2020 10:21am

Exchange

France pulls out of NATO Med operation over Turkey tensions

PARIS: France said Wednesday it was suspending its participation in a NATO Mediterranean maritime security operation...

Updated 02 Jul, 2020 03:18am

World

Over 160,000 coronavirus cases reported every day in past week, a record: WHO

GENEVA: The global coronavirus pandemic is accelerating, the World Health Organization said Wednesday, with the...

Updated 02 Jul, 2020 03:32am

World

British, German remdesivir stocks 'sufficient'

WASHINGTON: Britain and Germany said Wednesday they had sufficient stocks of remdesivir, the first drug to be shown...

Updated 02 Jul, 2020 03:32am

World

BioNTech, Pfizer report progress in coronavirus vaccine trial

WASHINGTON: BioNTech of Germany and the US pharmaceutical giant Pfizer reported positive preliminary results on...

Updated 02 Jul, 2020 03:32am

World

HK makes first security law arrests as thousands defy protest ban

HONG KONG: Hong Kong police arrested about 370 people Wednesday - including 10 under China's new national security...

Updated 02 Jul, 2020 03:32am

China

China orders four US media outlets to disclose finances, staff

BEIJING: China on Wednesday ordered four US news outlets to disclose details of their staff and financial operations...

Published 02 Jul, 2020 02:49am

World

Trump approves cutting 9,500 troops in Germany: Pentagon

WASHINGTON: President Donald Trump has approved a plan to slash the US military presence in Germany by 9,500 troops,...

Updated 02 Jul, 2020 03:18am

World

Iran, Russia, Turkey agree to work together to ease Syria tensions

TEHRAN: Iran, Russia and Turkey, which support opposing sides in Syria's war, agreed Wednesday to coordinate their...

Updated 02 Jul, 2020 03:18am

World

S Arabia triples VAT in unpopular virus-led austerity push

RIYADH: Saudis braced Wednesday for a tripling in value added tax, another unpopular austerity measure after the ...

Updated 02 Jul, 2020 03:18am

World

UN agency cuts airlines some slack on CO2 emissions

PARIS: The UN agency overseeing international aviation cut the Covid-hit industry some slack this week by modifying ...

Updated 02 Jul, 2020 03:18am

Middle East

Iraq says coronavirus deaths surpass 2,000

Health authorities announced there were now 51,524 cases of the COVID-19 disease in the country and that 2,050 people had died of the virus, while 26,267 people had recovered.

Published 02 Jul, 2020 12:42am

World

New York City postpones indoor dining as US COVID-19 cases soar

The Big Apple is due to enter phase three of a four-phase reopening plan on Monday but officials have postponed plans to allow restaurants to sit customers inside with limited capacity.

Published 02 Jul, 2020 12:39am

Europe

Over 160,000 coronavirus cases reported every day in past week: WHO

Tedros reiterated that taking a "comprehensive approach" was the best way to rein in the virus.

Published 02 Jul, 2020 12:38am

Middle East

WHO says Mideast at 'critical threshold' of virus

"The number of cases reported in June alone is higher than the total number of cases reported during the four months following the first reported case in the Region on 29 January," he said.

Published 02 Jul, 2020 12:35am

Europe

Merkel's legacy at stake as Germany takes EU reins

The proposed fund would controversially be financed through shared EU borrowing, which marks a stunning U-turn for Germany after years of opposition to debt pooling.

Published 02 Jul, 2020 12:29am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 10	276.85 ▼ -0.01
USD PKR Interbank Buying / Nov 10	276.65 ▼ -0.01
USD to Japanese Yen / Nov 10	158.72 ▲ 0.65
USD to Swiss Franc / Nov 10	0.83 ▲ 0.0054
Pound Sterling to USD / Nov 10	1.33 ▼ -0.0088
Euro to USD / Nov 10	1.12 ▼ -0.0051
SOFR % / Nov 9	3.88 ▼ -0.01

Stock	Volume
S&P 500 / Nov 10	7,520.93
Tokyo Nikkei / Nov 10	60,459.58
Nasdaq / Nov 10	25,065.88
Hang Seng / Nov 10	24,557.04
FTSE 100 / Nov 10	10,751.59
Dow Jones / Nov 10	52,231.89
Germany DAX 30 / Nov 10	26,347.45
France CAC40 / Nov 10	8,278.59
India Sensex / Nov 9	81,106.65

Item	Value
Petrol/Litre / Nov 11	338
Diesel/Litre / Nov 11	371
Crude Oil USD/Barrel / Nov 10	86.32
Karachi Cotton PKR/37.32 KG / Nov 10	18,080
Gold 10 Grams PKR / Nov 10	369,372
Gold Spot USD/Ounce / Nov 10	4,036.47
Cotton US¢/pound / Nov 10	82.51

Gainers
Losers
Leaders

Stock	Price
Altern Energy / Nov 11 Altern Energy Limited(ALTN)	7.18 ▲ 0.76 (11.84%)
Security Investment Bank / Nov 11 Security Investment Bank Limited(SIBL)	9.53 ▲ 1 (11.72%)
Tasdeeq Info. Serv. / Nov 11 Tasdeeq Information Services Limited(TISL)	5.77 ▲ 0.53 (10.11%)
Gammon Pak / Nov 11 Gammon Pakistan Limited(GAMON)	22.40 ▲ 2.04 (10.02%)
Bawany Air Products / Nov 11 Bawany Air Products Limited(BAPL)	18.80 ▲ 1.71 (10.01%)
Ningbo Green Light / Nov 11 Ningbo Green Light Energy Limited(NGLEL)	15.27 ▲ 1.39 (10.01%)
Unicap Modaraba / Nov 11 Unicap Modaraba(UCAPM)	23.07 ▲ 2.1 (10.01%)
Ansari Sug. / Nov 11 Ansari Sugar Mills Limited(ANSM)	24.20 ▲ 2.2 (10%)
ARM Green Industries / Nov 11 ARM Green Industries Limited(ARMG)	90.22 ▲ 8.2 (10%)
Bhanero Textile / Nov 11 Bhanero Textile Mills Limited(BHAT)	1,167.12 ▲ 106.1 (10%)

Stock	Price
Popular Islamic / Nov 11 Popular Islamic Modaraba(PIM)	169.92 ▼ -18.88 (-10%)
Premier Insurance (R) / Nov 11 Premier Insurance Limited (RIGHT)(PINLR)	0.56 ▼ -0.06 (-9.68%)
Azgard Nine (Non-Voti) / Nov 11 Azgard Nine (Non-Voti)(ANLNV)	7.54 ▼ -0.55 (-6.8%)
Data Agro / Nov 11 Data Agro Limited(DAAG)	150.01 ▼ -10.36 (-6.46%)
Aisha Steel (CPS) / Nov 11 Aisha Steel Mills Limited (CPS)(ASLCPS)	69.02 ▼ -4.01 (-5.49%)
Premier Sugar / Nov 11 The Premier Sugar Mills(PMRS)	388 ▼ -21.93 (-5.35%)
Khalid Siraj / Nov 11 Khalid Siraj Textile Mills Limited(KSTM)	13 ▼ -0.7 (-5.11%)
Faisal Sp. / Nov 11 Faisal Spinning Mills Limited(FASM)	302.09 ▼ -15.91 (-5%)
JS Investments / Nov 11 JS Investments Limited(JSIL)	32.32 ▼ -1.7 (-5%)
Jubilee Spinning / Nov 11 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	50.51 ▼ -2.52 (-4.75%)

Stock	Volume
Tasdeeq Info. Serv. / Nov 11 Tasdeeq Information Services Limited(TISL)	93,244,068 ▲ 0.53
Pervez Ahmed Consultancy / Nov 11 Pervez Ahmed Consultancy Services Ltd.(PASL)	28,986,812 ▲ 0.44
Cnergyico PK / Nov 11 Cnergyico PK Limited(CNERGY)	19,888,708 ▲ 0.23
Media Times Ltd / Nov 11 Media Times Limited(MDTL)	16,826,676 ▲ 0.55
B.O.Punjab / Nov 11 The Bank of Punjab(BOP)	13,216,453 ▲ 0.09
Pakistan Refinery / Nov 11 Pakistan Refinery Limited(PRL)	10,170,160 ▲ 2.45
F. Nat.Equities / Nov 11 First National Equities Limited(FNEL)	9,306,497 ▲ 0.03
Pak Int.Bulk / Nov 11 Pakistan International Bulk Terminal(PIBTL)	6,854,070 ▲ 0.19
WorldCall Telecom / Nov 11 Worldcall Telecom Limited(WTL)	6,157,072 ▼ -0.01
Pak Elektron / Nov 11 Pak Elektron Limited(PAEL)	6,115,129 ▲ 0.37

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