News Archives for World - 2020-08-31

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Europe

EU offers 400mn euros to WHO-led COVID-19 vaccine initiative

The initiative, dubbed COVAX, aims to purchase for all countries in the world 2 billion doses of potential COVID-19 shots from several vaccine makers by the end of 2021.

Published 31 Aug, 2020 11:58pm

World

COVID-19 can wipe out health care progress in short order: WHO

Since COVID-19 cases were first identified in December last year, the virus is thought to have killed nearly 850,000 people, the latest Reuters tally showed.

Published 31 Aug, 2020 11:45pm

Europe

Russia to vaccinate high risk groups against COVID-19 towards end of year

Russia this month became the first country to grant regulatory approval to a COVID-19 vaccine after less than two months of human testing.

Published 31 Aug, 2020 11:42pm

South Asia

India's foreign minister says favourable US visa policy would be good for both countries

That is an opportunity for India and it is an opportunity which should be reflected to some degree in American immigration policies.
Indians made up 72 percent of the some 388,000 H-1B visa petitions approved in fiscal-year 2019.

Published 31 Aug, 2020 09:33pm

USA

US passes 6 million Covid-19 cases: Johns Hopkins

Global coronavirus infections have soared past 25 million.

Published 31 Aug, 2020 09:20pm

World

'Wake-up call': World Bank hopes Lebanese blast will spur reform

World Banks calls Beirut blast self-inflicted wound.
Estimates damage will cost billions of dollars to repair.
Says aid will depend on transparency, judicial reform.

Published 31 Aug, 2020 08:49pm

South Asia

India economic growth hit by record slump after virus lockdown

The nation of 1.3 billion also has the third-highest number of infections worldwide.

Published 31 Aug, 2020 08:13pm

South Asia

India accuses China of new 'provocative' border action

On June 15, troops from the two sides fought hand-to-hand combat in which 20 Indian troops were killed.

Published 31 Aug, 2020 07:01pm

Africa

Ghana to reopen international airport after five months

The virus has so far infected 44,205 people, claimed 276 lives.

Published 31 Aug, 2020 06:58pm

Middle East

Israel-UAE flight may start 'historic' Mideast journey: Kushner

The historic flight was carrying a joint US-Israeli delegation.

Published 31 Aug, 2020 06:55pm

Middle East

WFP warns 2.2 million more Syrians risk hunger

Damascus has blamed Western sanctions for its struggling economy.

Published 31 Aug, 2020 06:53pm

Currency

Virus-hit Turkish economy shrinks by 9.9pc

Lira has lost roughly fifth of its value against the dollar this year.
Annual inflation is hovering around 12 percent.

Published 31 Aug, 2020 06:51pm

Europe

Macron to hold top-level talks in Baghdad Wednesday: Iraq officials

Two other Iraqi officials confirmed the visit.
Macron's office has yet to publically confirm the trip.

Published 31 Aug, 2020 06:49pm

Middle East

Israeli, US officials arrive in UAE on historic trip to finalise accord

Trip makes history by overflying Saudi Arabia.
Deal is first such Israel-Arab accord in over 20 years.
Countries brought together by worries over Iran.
"We are all children of God", says Kushner.
Three killed in blasts in Abu Dhabi, Dubai.

Published 31 Aug, 2020 06:36pm

Europe

Invest COVID-19 aid funds selectively, says IMF chief

More than 100 countries have requested emergency financing assistance from the IMF so far.
The same way the virus hits people with preconditions the hardest, the economic crisis hits countries with weak policies, not sufficient oversight the hardest.

Published 31 Aug, 2020 06:24pm

South Asia

Former Indian President Pranab Mukherjee passes away

A veteran politician who served as foreign and finance minister in previous administrations.
Mukherjee had tested positive for COVID-19 on August 10 and had been hospitalised since.

Published 31 Aug, 2020 06:19pm

Europe

Ireland's Coveney signals interest in EU Commission role

EU executive chief Ursula von der Leyen said last Thursday that the Irish government should propose a man and a woman as potential successors.
I'm not ruling myself out but this is subject to a decision of the Taoiseach (prime minister) and (coalition) party leaders.

Published 31 Aug, 2020 06:13pm

USA

Low unemployment alone not enough to justify Fed rate hikes, Clarida says

Econometric models," particularly those including a necessary tradeoff with falling unemployment leading to higher inflation.
If policy seeks only to return inflation to 2% following a downturn," Clarida said.

Published 31 Aug, 2020 06:11pm

Europe

VAT cut pushes German inflation into negative territory

Harmonised consumer price index drops to -0.1% in August.
Government's stimulus measures carry deflationary risks.

Published 31 Aug, 2020 06:06pm

Europe

Italy plunges into recession as virus bites

A recession is commonly defined as two consecutive periods of a quarter-on-quarter drop in GDP.

Published 31 Aug, 2020 06:02pm

Africa

Sudan government and rebel groups agree peace deal

Conflict in South Kordofan and Blue Nile erupted in 2011, in the wake of South Sudan's independence, resuming two decades of war.

Published 31 Aug, 2020 06:00pm

Europe

Belarus leader proposes vote on constitution reforms

Russia has backed constitutional reforms.

Published 31 Aug, 2020 05:56pm

Europe

Merkel condemns 'shameful' virus parliament protest

Several hundred broke through barriers and a police cordon to climb the steps leading to the entrance to the Reichstag.

Published 31 Aug, 2020 05:54pm

Middle East

UAE flies aid to Syria to help battle coronavirus

Syria's government has announced 2,703 cases of Covid-19 and 109 deaths in areas under its control.

Published 31 Aug, 2020 05:50pm

South Asia

Lebanon designates new PM as Macron visits

Lebanon's last government resigned after the massive explosion.

Published 31 Aug, 2020 05:47pm

World

Chinese troops never cross the line of actual control at Indian border, says foreign ministry

Both sides are in communication regarding the situation on the ground, Chinese foreign ministry spokesman Zhao Lijian said.

Published 31 Aug, 2020 03:07pm

Previous Day

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Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value
Petrol/Litre / Nov 7	346
Diesel/Litre / Nov 7	378

Gainers
Losers
Leaders

Stock	Price
Security Investment Bank / Nov 10 Security Investment Bank Limited(SIBL)	8.53 ▲ 1 (13.28%)
Pervez Ahmed Consultancy / Nov 10 Pervez Ahmed Consultancy Services Ltd.(PASL)	8.95 ▲ 0.99 (12.44%)
First AL-Noor Mod. / Nov 10 First Al-Noor Modaraba(FANM)	14.14 ▲ 1.29 (10.04%)
Unicap Modaraba / Nov 10 Unicap Modaraba(UCAPM)	20.97 ▲ 1.91 (10.02%)
ARM Green Industries / Nov 10 ARM Green Industries Limited(ARMG)	82.02 ▲ 7.46 (10.01%)
Pakistan Credit Rating Agency / Nov 10 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	37.60 ▲ 3.42 (10.01%)
Liven Pharma / Nov 10 Liven Pharma Limited(LIVEN)	34.62 ▲ 3.15 (10.01%)
B. F. Modaraba / Nov 10 B.F. Modaraba(BFMOD)	27.83 ▲ 2.53 (10%)
Bhanero Textile / Nov 10 Bhanero Textile Mills Limited(BHAT)	1,061.02 ▲ 96.46 (10%)
Burshane LPG / Nov 10 Burshane LPG (Pakistan) Limited(BPL)	75.01 ▲ 6.82 (10%)

Stock	Price
Sindh Modaraba / Nov 10 Sindh Modaraba(SINDM)	59.33 ▼ -6.59 (-10%)
J.A.Textile / Nov 10 J.A. Textile Mills Limited(JATM)	80 ▼ -7.51 (-8.58%)
Fateh Sports / Nov 10 Fateh Sports Wear Limited(FSWL)	235 ▼ -19.97 (-7.83%)
LSE Financial Serv. / Nov 10 LSE Financial Services Limited(LSEFSL)	2.43 ▼ -0.2 (-7.6%)
Faisal Sp. / Nov 10 Faisal Spinning Mills Limited(FASM)	303 ▼ -23.73 (-7.26%)
Next Capital / Nov 10 Next Capital Limited(NEXT)	16.18 ▼ -1 (-5.82%)
Tri-Star Power / Nov 10 Tri-Star Power Limited(TSPL)	14.50 ▼ -0.76 (-4.98%)
Escorts Bank / Nov 10 Escorts Investment Bank Limited(ESBL)	11.54 ▼ -0.6 (-4.94%)
Sitara Energy / Nov 10 Sitara Energy Limited(SEL)	22.51 ▼ -1.01 (-4.29%)
Int. Knit. / Nov 10 International Knitwear Limited(INKL)	160.35 ▼ -6.65 (-3.98%)

Stock	Volume
Pervez Ahmed Consultancy / Nov 10 Pervez Ahmed Consultancy Services Ltd.(PASL)	13,759,557 ▲ 0.99
Maple Leaf Cement / Nov 10 Maple Leaf Cement Factory Limited(MLCF)	7,877,062 ▲ 5.08
LSE Financial Serv. / Nov 10 LSE Financial Services Limited(LSEFSL)	6,365,217 ▼ -0.2
K-Electric Ltd. / Nov 10 K-Electric Limited(KEL)	6,319,398 ▲ 0.09
Cnergyico PK / Nov 10 Cnergyico PK Limited(CNERGY)	6,078,540 ▼ -0.21
Tasdeeq Info. Serv. / Nov 10 Tasdeeq Information Services Limited(TISL)	5,845,184 ▲ 0.1
B.O.Punjab / Nov 10 The Bank of Punjab(BOP)	5,783,830 ▲ 1.06
Unity Foods Ltd / Nov 10 Unity Foods Limited(UNITY)	5,517,815 ▲ 0.6
Fauji Cement / Nov 10 Fauji Cement Company Limited(FCCL)	4,001,254 ▲ 1.93
Nishat ChunPow / Nov 10 Nishat Chunian Power Limited(NCPL)	3,996,991 ▲ 3.39

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