News Archives for World - 2020-11-06

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USA

US sees surprise dip in unemployment rate to 6.9% in October

House Speaker Nancy Pelosi said McConnell's call for a smaller bill "doesn't appeal to me at all, because they still have not agreed to crush the virus."

Updated 07 Nov, 2020 01:22am

Exchange

Brazil inflation rises to highest for any October since 2002

Central bank officials say the spike is "temporary" and that long-term inflation expectations and baseline forecasts remain "well-anchored".
Prices rose 3.92% in the 12 months through October, the highest since February and also in line with the median forecast of 3.90% in the Reuters poll.

Published 06 Nov, 2020 07:54pm

Europe

Despite Trump-Erdogan ties, Turkey says it will work with whoever wins US vote

Regardless of which candidate takes office in the US, we will pursue a sincere approach to improve our relations

Published 06 Nov, 2020 07:45pm

Europe

France sees smoother trade ties with US if Biden triumphs

President Donald Trump has imposed tariffs on French wines in a row over Airbus subsidies, threatened levies on Champagne and luxury handbags in a digital tax dispute.
Biden took a razor-thin lead over President Donald Trump in the battleground state of Georgia early on Friday.

Published 06 Nov, 2020 07:45pm

USA

US job growth slows in October; unemployment rate falls to 6.9pc

The unemployment rate fell to 6.9% from 7.9% in September. Economists polled by Reuters had forecast payrolls advancing by 600,000 jobs in October and the jobless rate dipping to 7.7%.

Published 06 Nov, 2020 07:32pm

Europe

UK jobs shield is not stopping COVID adjustment in labour market

It's not that the furlough scheme is stopping the kind of adjustments that we're going to have to see in the labour market over a number of years in response to this crisis.

Published 06 Nov, 2020 07:16pm

World

Biden moves ahead in Georgia and Pennsylvania, moving closer to White House

Biden has a 253 to 214 lead in the state-by-state Electoral College vote that determines the winner.
In Pennsylvania, Biden moved ahead of Trump by 5,500 votes on Friday morning, while in Georgia, he had opened up a 1,097-vote lead.

Published 06 Nov, 2020 07:12pm

World

Democrats blame gerrymandering, campaign strategy for failure to flip state legislatures

There needs to be a reckoning for Democrats, because we are losing these down-ballot races.
Biden lost to Trump in Texas, and the legislature stayed firmly in Republican hands despite years of demographic change benefitting Democrats.

Published 06 Nov, 2020 05:52pm

World

Trump and Biden protesters duel outside vote-counting centers in cliffhanger election

The demonstrations were largely peaceful, although Trump supporters occasionally shouted with counterprotesters.
Facebook removed a fast-growing group in which Trump supporters posted violent rhetoric.

Published 06 Nov, 2020 05:46pm

World

Aspirin to be tested as potential COVID-19 drug in UK study

There is a clear rationale for believing that it (aspirin) might be beneficial, and it is safe, inexpensive and widely available.
At least 2,000 patients are expected to randomly get 150 mg of aspirin daily along with the usual regimen.

Published 06 Nov, 2020 05:40pm

World

UN says needs $655mn to avert new measles and polio epidemics

"We cannot allow the fight against one deadly disease to cause us to lose ground in the fight against other diseases,"
Fore said the $655 million needed included $400 million for polio and $255 million for measles.

Published 06 Nov, 2020 05:38pm

South Asia

India's top general says face-off with China could spark bigger conflict

Chief of Defence Staff Bipin Rawat said the situation was tense at the Line of Actual Control, the de facto border, in eastern Ladakh.
In the overall security calculus, border confrontations, transgressions and unprovoked tactical military actions spiralling into a larger conflict cannot therefore be discounted.

Published 06 Nov, 2020 05:36pm

Europe

Deal or no deal, Northern Ireland faces Brexit trade disruption

There is a risk that widespread disruption could ensue at a time when government and businesses continue to deal with the effects of COVID-19.
One of the most challenging areas will be Northern Ireland which will require some goods arriving from the rest of the UK to be checked in order to protect trade with EU member, Ireland.

Published 06 Nov, 2020 05:25pm

Europe

English COVID infections stabilise at 50,000 per day

An estimated 618,700 people had the disease during the most recent week to Oct 31, up from 568,100 the previous week.

Updated 06 Nov, 2020 05:17pm

World

AstraZeneca's COVID-19 vaccine to begin clinical trials in China - executive

AstraZeneca Plc plans to start early and mid-stage clinical trials of its COVID-19 vaccine candidate in China this year.

Published 06 Nov, 2020 01:27pm

USA

President Trump enjoys massive support from counties worst hit by COVID-19

President Trump continues to enjoy enormous support in the counties where the virus had the worse impact.

Updated 06 Nov, 2020 12:51pm

USA

NY Times sees gains as subscriber base tops 7 million

NEW YORK: The New York Times said Thursday profits rose in the past quarter, lifted by gains in paying digital...

Updated 06 Nov, 2020 03:25am

South Asia

Afghan violence soars despite peace talks: watchdog

KABUL: Violent attacks in Afghanistan surged by 50 percent over recent months even as the Kabul government and the...

Published 06 Nov, 2020 02:59am

Europe

Kosovo president resigns to face war crimes court

PRISTINA": Kosovo president and former guerilla leader Hashim Thaci resigned Thursday to face an indictment from a...

Published 06 Nov, 2020 02:59am

World

EU calls for halt to Israeli demolition of Palestinian buildings

BRUSSELS: The EU on Thursday called on Israel to cease demolishing Palestinian homes in the occupied West Bank and...

Updated 06 Nov, 2020 03:25am

Europe

DNA might replace barcodes to tag art, voter ballots

PARIS: Easy-to-remove barcodes and QR codes used to tag everything from T-shirts to car engines may soon be replaced...

Published 06 Nov, 2020 02:59am

China

Beijing bars more foreign arrivals

BEIJING: China on Thursday defended a ban on non-Chinese arrivals from a growing list of countries as "reasonable ...

Published 06 Nov, 2020 02:59am

Europe

City centres deserted as England enters new lockdown

LONDON: City centres reverted to ghost towns as England's 56 million people entered a second coronavirus lockdown on...

Published 06 Nov, 2020 02:59am

World

WHO warns of 'explosion' of virus cases in Europe

COPENHAGEN: The World Health Organization (WHO) in Europe on Thursday said it was seeing an "explosion" of...

Updated 06 Nov, 2020 03:25am

USA

Little improvement in US jobless claims before vote

As Covid-19 cases surge across the nation, analysts warn of a deteriorating economic situation as the year draws to a close.

Published 06 Nov, 2020 12:07am

World

Biden at 253/264 electoral votes, Trump at 214: US media

Biden has captured 22 states including his home state Delaware and big prizes California and New York, as well as the US capital.

Published 06 Nov, 2020 12:02am

Previous Day

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 6	276.86 ▼ -0.01
USD PKR Interbank Buying / Nov 6	276.66 ▼ -0.01
USD to Japanese Yen / Nov 6	158.48 ▲ 0.94
USD to Swiss Franc / Nov 6	0.82 ▲ 0.0045
Pound Sterling to USD / Nov 6	1.34 ▼ -0.01
Euro to USD / Nov 6	1.11 ▼ -0.0077
SOFR % / Nov 5	3.92 ▼ -0.02

Stock	Volume
S&P 500 / Nov 6	7,376.66
India Sensex / Nov 6	81,028.02
Tokyo Nikkei / Nov 6	57,434.77
Nasdaq / Nov 6	24,579.42
Hang Seng / Nov 6	24,481.86
FTSE 100 / Nov 6	10,673.94
Dow Jones / Nov 6	51,285.73
Germany DAX 30 / Nov 6	25,820.36
France CAC40 / Nov 6	8,139

Item	Value
Petrol/Litre / Nov 9	346
Diesel/Litre / Nov 9	378
Crude Oil USD/Barrel / Nov 6	90.83
Karachi Cotton PKR/37.32 KG / Nov 6	18,080
Gold 10 Grams PKR / Nov 6	367,914
Gold Spot USD/Ounce / Nov 6	4,070.80
Cotton US¢/pound / Nov 6	82.79

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd (Pref) / Nov 6 Chenab Limited (Pref)(CLCPS)	4.72 ▲ 0.72 (18%)
Security Investment Bank / Nov 6 Security Investment Bank Limited(SIBL)	7.53 ▲ 1 (15.31%)
Pervez Ahmed Consultancy / Nov 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	7.96 ▲ 1 (14.37%)
LSE Financial Serv. / Nov 6 LSE Financial Services Limited(LSEFSL)	2.63 ▲ 0.29 (12.39%)
Ningbo Green Light / Nov 6 Ningbo Green Light Energy Limited(NGLEL)	12.62 ▲ 1.15 (10.03%)
First AL-Noor Mod. / Nov 6 First Al-Noor Modaraba(FANM)	12.85 ▲ 1.17 (10.02%)
Grays Leasing / Nov 6 Grays Leasing Limited(GRYL)	80.58 ▲ 7.33 (10.01%)
J.A.Textile / Nov 6 J.A. Textile Mills Limited(JATM)	87.51 ▲ 7.96 (10.01%)
ARM Green Industries / Nov 6 ARM Green Industries Limited(ARMG)	74.56 ▲ 6.78 (10%)
Baba Farid Sugar / Nov 6 Baba Farid Sugar Mills Limited(BAFS)	459.83 ▲ 41.8 (10%)

Stock	Price
Bawany Air Products (R) / Nov 6 Bawany Air Products Limited Right(BAPLR1)	0.03 ▼ -0.59 (-95.16%)
Escorts Bank / Nov 6 Escorts Investment Bank Limited(ESBL)	12.14 ▼ -1.35 (-10.01%)
Sindh Modaraba / Nov 6 Sindh Modaraba(SINDM)	65.92 ▼ -7.32 (-9.99%)
Ellcot Spinning / Nov 6 Ellcot Spinning Mills Limited(ELSM)	201.59 ▼ -20.8 (-9.35%)
Unicap Modaraba / Nov 6 Unicap Modaraba(UCAPM)	19.06 ▼ -1.52 (-7.39%)
Premier Insurance (R) / Nov 6 Premier Insurance Limited (RIGHT)(PINLR)	0.65 ▼ -0.05 (-7.14%)
Pak Leather Crafts / Nov 6 Pak Leather Crafts Limited(PAKL)	67.54 ▼ -4.94 (-6.82%)
Universal Ins. / Nov 6 The Universal Insurance Company Limited(UVIC)	18.98 ▼ -1.24 (-6.13%)
Paramount Mod / Nov 6 First Paramount Modaraba(FPRM)	13.55 ▼ -0.82 (-5.71%)
Paramount Spinning / Nov 6 Paramount Spinning Mills Limited(PASM)	9.43 ▼ -0.57 (-5.7%)

Stock	Volume
Bawany Air Products (R) / Nov 6 Bawany Air Products Limited Right(BAPLR1)	687,381,117 ▼ -0.59
Tasdeeq Info. Serv. / Nov 6 Tasdeeq Information Services Limited(TISL)	140,783,607 ▲ 0.29
WorldCall Telecom / Nov 6 Worldcall Telecom Limited(WTL)	72,154,825 ▲ 0.08
Cnergyico PK / Nov 6 Cnergyico PK Limited(CNERGY)	47,939,154 ▲ 0.04
Media Times Ltd / Nov 6 Media Times Limited(MDTL)	41,329,381 ▼ -0.07
TPL Properties / Nov 6 TPL Properties Limited(TPLP)	25,069,293 ▲ 0.25
Trust Sec.& Brok. / Nov 6 Trust Securities & Brokerage Limited(TSBL)	24,996,297 ▲ 0.04
Pervez Ahmed Consultancy / Nov 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	24,970,440 ▲ 1
Ist.Capital Sec / Nov 6 First Capital Securities Corporation(FCSC)	21,500,857 ▲ 0.23
B.O.Punjab / Nov 6 The Bank of Punjab(BOP)	21,284,920 ▼ -0.76

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