News Archives for World - 2021-04-16

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USA

US housing starts race to 15-year high; building permits rise moderately

Housing starts increase 19.4% in March.
Single-family starts rise 15.3%; multi-family soar 30.8%.
Building permits gain 2.7%; single-family climb 4.6%.

Published 16 Apr, 2021 08:08pm

Europe

Italy's Draghi expects economy to jump, looks to bet on ‘good debt’

"We will have a very strong economic rebound in the coming months and will then have to settle on a path, on a level of growth, that will allow us to free ourselves of the high debt," Draghi told a news conference.
"We are issuing and will (continue to) issue debt. The point is that this debt must be invested well ... it is a bet on good debt," he said.

Published 16 Apr, 2021 07:52pm

Europe

Iran nuclear talks to last several days then pause: EU official

The EU is chairing meetings in Vienna of the remaining parties to the deal - Iran, Russia, China, France, Germany and Britain.
We have this (Iranian) decision to go for 60% enrichment. Obviously this is not making the negotiation easier.

Published 16 Apr, 2021 07:44pm

USA

Biden administration to invest $1.7bn to fight COVID-19 variants

"The original strain of COVID-19 comprises only about half of all cases in America today. New and potentially dangerous strains of the virus make up the other half," the White House said in a statement.
The White House also offered a state-by-state breakdown of the funds with California receiving over $17 million, Texas over $15 million and Florida over $12 million.

Published 16 Apr, 2021 07:37pm

USA

US panel to meet again next week to discuss pause on J&J's COVID-19 shot

The US Centers for Disease Control and Prevention (CDC) advisory panel will meet on April 23, according to a notice posted on the regulator's website.
US health regulators recommended earlier this week that use of the J&J vaccine be paused after reports of six cases of rare brain blood clots in women.

Updated 16 Apr, 2021 07:37pm

Europe

COVID-19 prevalence in England drops sharply in latest week: ONS

There were 1 in 480 people infected in the week ending April 10, according to the latest figures, down from 1 in 340 infected the week before.
"Our modelling suggests that the percentage of people testing positive in England decreased in the week ending 10 April 2021," the ONS said.

Published 16 Apr, 2021 06:35pm

Europe

Germany says taking Britain off its COVID risk list

The Robert Koch Insitute (RKI) for infectious diseases also added the Portuguese regions of the Azores and Algarve as well as Castile-La Mancha in Spain to its risk list.

Published 16 Apr, 2021 06:29pm

South Asia

Delhi COVID-19 cemetery running low on space as deaths mount

"You told me not to go outside but I didn't listen," he cries. "It's my fault," he shouts over and over. "I'm sorry."
On Thursday, a steady stream of ambulances arrived at the Jadid Qabristan cemetery on the outskirts of the ancient walled city, where a vast patch of wasteground was turned into a COVID-19 burial ground last year.

Published 16 Apr, 2021 06:18pm

South Asia

India to boost monthly output of homegrown vaccine to 100mn doses by September

"The current production capacity of indigenously developed Covaxin vaccine will be doubled by May-June 2021 and then increased nearly 6-7 fold by July-August 2021," the Ministry of Science & Technology said in a statement, pegging current capacity at 10 million doses.

Published 16 Apr, 2021 05:43pm

South Asia

Australia reports first death from blood clots 'likely' linked to AstraZeneca vaccine

"In the absence of an alternative cause for the clinical syndrome, VSIG believed that a causative link to vaccination should be assumed at this time," the TGA said.
The TGA said her case had been complicated by underlying medical conditions, including diabetes, "as well as some atypical features."

Published 16 Apr, 2021 05:39pm

Europe

Sweden registers 7,658 new COVID-19 cases, 27 deaths on Friday

The country of 10 million inhabitants registered 27 new deaths, taking the total to 13,788. The deaths registered have occurred over several days and sometimes weeks.

Published 16 Apr, 2021 05:26pm

Europe

EU Commission urges Ireland to rethink hotel quarantine

The EU executive wrote to the Irish government on Friday in relation to the criteria used to determine the list, a spokesman said.
"The Commission has concerns regarding this measure in relation to the general principles of EU law, in particular proportionality and non-discrimination," the spokesman said.

Published 16 Apr, 2021 05:15pm

South Asia

Second S.Korean deal to produce Russia's Sputnik V

The deal to produce Sputnik V - for export rather than domestic use - is the second in South Korea and comes after biotech firm GL Rapha signed a deal late last year to make more than 150 million doses of the vaccine per year.
Huons said on Friday its consortium will begin producing sample batches in August and would respond flexibly to supply demand from the Russian Direct Investment Fund (RDIF), Russia's sovereign wealth fund.

Published 16 Apr, 2021 05:04pm

Europe

Kremlin says Putin to decide on counter sanctions against Washington

The Kremlin was speaking a day after the United States imposed a broad array of sanctions on Russia, including curbs to its sovereign debt market.
Putin had repeatedly said that Russia was ready to cooperate with the United States as much as Washington wanted to cooperate with Moscow.

Published 16 Apr, 2021 04:47pm

South Asia

India's vaccinations fall from peak, raw-material shortage hits output targets

Vaccinations peaked at 4.5 million doses on April 5.
Inoculations have averaged about 3 million a day since then.
Vaccine maker appeals to Biden to lift raw-material export ban.

Published 16 Apr, 2021 04:44pm

Europe

Swedish govt proposes $104bn infrastructure spending plan

Sweden's economy has coped relatively well with the COVID crisis, thanks in part to a strategy of mainly voluntary restrictions rather than strict lockdowns.
"Most areas of society, including the transport sector will have to reach zero emissions within 25 years," Environment Minister Per Bolund told reporters.

Published 16 Apr, 2021 04:26pm

Europe

Hundreds queue up as Latvia offers walk-in AstraZeneca shots

Latvia is now vaccinating people over 65 and those with chronic illnesses, but many do not show up when told they will be given AstraZeneca.
We queued two and half hours before opening, around 6:30 in the morning, because this is the only way out of this for us.

Published 16 Apr, 2021 04:14pm

World

Thailand reports record daily number of 1,582 coronavirus cases

No new deaths were reported. The new cases took the total number of infections to 39,038, with deaths remaining at 97.

Published 16 Apr, 2021 11:49am

World

New Zealand awards Amazon extra $116 mln subsidy for 'Lord of the Rings' TV series

New Zealand is hoping to reap multi-year economic and tourism benefits.

Published 16 Apr, 2021 11:38am

World

Israeli airstrikes hit Gaza after rocket attack

A security source in Gaza told AFP there were no casualties from the strikes.

Published 16 Apr, 2021 10:58am

World

'Mass casualty' shooting in US city of Indianapolis, gunman dead: police

Nearly 40,000 people in the United States die each year from guns, more than half of those being suicides.

Published 16 Apr, 2021 10:54am

World

US, Japan plan 5G push with eye on China in Biden's first summit

The pullout will "free up time and attention and resources from our senior leadership and our military to focus on what we believe are the fundamental challenges in the 21st century and they lie fundamentally in the Indo-Pacific," the official said.

Published 16 Apr, 2021 10:37am

World

UN to maintain Afghanistan mission after US, NATO withdrawal

US President Joe Biden announced Wednesday the unconditional withdrawal of US troops from Afghanistan, naming September 11 as the deadline by which the last soldiers will have finally departed. The pullout will begin on May 1.

Published 16 Apr, 2021 10:32am

World

UN releases $1mn in emergency funding for Saint Vincent

Eruptions have continued to occur daily, with ash clouds covering the country and reaching surrounding islands.

Published 16 Apr, 2021 10:29am

World

Bolivia's ruling party defeated in governor runoffs

All five other gubernatorial races were determined in first-round voting.

Published 16 Apr, 2021 10:27am

World

US imposes sanctions on Moscow, expels Russian diplomats

After Donald Trump's mixed signals to Russia -- and accusations that the Republican even seemed intent on shielding Putin from criticism -- the Democratic chair of the Senate foreign relations committee cheered Biden's approach.

Published 16 Apr, 2021 10:21am

World

Brazil high court confirms annulment of Lula graft convictions

With one vote remaining to be cast on the 11-member court, judges voted 8-2 to uphold Justice Edson Fachin.

Published 16 Apr, 2021 10:15am

World

Benin court clears Talon's re-election as rival taken into custody

Some have fled Benin, while others were disqualified from running after election law reforms, or targeted for investigation by a special court critics say Talon used against his rivals.

Published 16 Apr, 2021 10:14am

World

Biden says for US, Russia 'now is the time to deescalate'

There is a strong push in the United States to cripple the project with sanctions and prevent its completion, out of fear that it will give Moscow a dangerous grip on the energy supplies of US allies in Europe.

Published 16 Apr, 2021 10:12am

World

Brazil's Bolsonaro promises Biden to end deforestation, seeks financial help

A senior White House official said the administration "welcomed" Bolsonaro's commitment on deforestation and that Brazil "has a responsibility to lead" on climate issues.

Published 16 Apr, 2021 10:08am

World

EU voices concern over Polish human rights row

It is unclear what would happen if the senate rejects Wroblewski and no other replacement is found.

Published 16 Apr, 2021 10:07am

World

UN says aid situation worsening in Tigray, no Eritrean pullout

He said the move came in response to TPLF-orchestrated attacks on federal army camps.

Published 16 Apr, 2021 10:05am

World

Pfizer CEO: Vaccine third dose 'likely' needed within 12 months

"It seems strong but there is some waning of that and no doubt the variants challenge," he said.

Published 16 Apr, 2021 10:04am

World

India battered by huge second Covid wave as virus imperils Olympics

NEW DELHI: India’s huge coronavirus second wave accelerated Thursday with a record number of infections reported,...

Updated 16 Apr, 2021 09:56am

World

Xi to join European climate summit, as Kerry in China for talks

SHANGHAI: Chinese President Xi Jinping will join a virtual climate summit with France and Germany, Beijing announced...

Updated 16 Apr, 2021 09:56am

World

William and Harry won’t be shoulder-to-shoulder at Prince Philip funeral

LONDON: British royals William and Harry will not walk side by side in the procession at this weekend’s funeral of...

Updated 16 Apr, 2021 09:56am

Asia

Taiwan transport minister resigns over train crash

TAIPEI: Taiwan’s government on Thursday said it had accepted the resignation of its transport minister following a...

Published 16 Apr, 2021 03:40am

World

Iran nuclear talks ‘positive’

VIENNA: Diplomats said Thursday that the latest talks in Vienna to save the 2015 Iran nuclear deal were positive...

Updated 16 Apr, 2021 09:56am

World

Greek, Turkish ministers clash

ANKARA: The foreign ministers of Greece and Turkey on Thursday clashed on a wide range of issues during a volatile...

Updated 16 Apr, 2021 09:56am

Asia

North Koreans mark anniversary of founder’s birth

SEOUL: North Korea marked the anniversary of the birth of its founder Kim Il Sung Thursday, with mask-wearing...

Published 16 Apr, 2021 03:40am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 2	276.96 ▲ 0.01
USD PKR Interbank Buying / Nov 2	276.72 ▼ -0.03
USD to Japanese Yen / Nov 2	157.85 ▲ 0.29
USD to Swiss Franc / Nov 2	0.82 ▼ -0.0067
Pound Sterling to USD / Nov 2	1.34 ▲ 0.0022
Euro to USD / Nov 2	1.12 ▲ 0.0034
SOFR % / Oct 30	3.95 ▲ 0.01

Stock	Volume
India Sensex / Nov 3	76,288.65
Hang Seng / Nov 3	23,500.97
S&P 500 / Nov 2	7,541.40
Tokyo Nikkei / Nov 2	63,081.86
Nasdaq / Nov 2	25,164.36
FTSE 100 / Nov 2	10,761.33
Dow Jones / Nov 2	51,983.98
Germany DAX 30 / Nov 2	25,981.09
France CAC40 / Nov 2	8,047.69

Item	Value
Petrol/Litre / Nov 3	374.51
Gold Spot USD/Ounce / Nov 3	3,926.80
Diesel/Litre / Nov 3	395.20
Crude Oil USD/Barrel / Nov 2	96.22
Karachi Cotton PKR/37.32 KG / Nov 2	18,080
Gold 10 Grams PKR / Nov 2	353,340
Cotton US¢/pound / Nov 2	77.66

Gainers
Losers
Leaders

Stock	Price
Premier Insurance (R) / Nov 3 Premier Insurance Limited (RIGHT)(PINLR)	0.80 ▲ 0.14 (21.21%)
Pervez Ahmed Consultancy / Nov 3 Pervez Ahmed Consultancy Services Ltd.(PASL)	4.70 ▲ 0.74 (18.69%)
Asia Ins. / Nov 3 Asia Insurance Company Limited(ASIC)	38.14 ▲ 3.47 (10.01%)
Burshane LPG / Nov 3 Burshane LPG (Pakistan) Limited(BPL)	59.57 ▲ 5.42 (10.01%)
Pak Leather Crafts / Nov 3 Pak Leather Crafts Limited(PAKL)	59.90 ▲ 5.45 (10.01%)
Shams Textile / Nov 3 Shams Textile Mills Limited(STML)	45.93 ▲ 4.18 (10.01%)
Fateh Sports / Nov 3 Fateh Sports Wear Limited(FSWL)	283.47 ▲ 25.77 (10%)
Leiner Pak Gelat / Nov 3 Leiner Pak Gelatine Limited(LPGL)	95.61 ▲ 8.69 (10%)
Olympia Mills / Nov 3 Olympia Mills Limited(OML)	126.63 ▲ 11.51 (10%)
Popular Islamic / Nov 3 Popular Islamic Modaraba(PIM)	144.69 ▲ 13.15 (10%)

Stock	Price
Bawany Air Products (R) / Nov 3 Bawany Air Products Limited Right(BAPLR1)	2.62 ▼ -1 (-27.62%)
Azgard Nine (Non-Voti) / Nov 3 Azgard Nine (Non-Voti)(ANLNV)	6.70 ▼ -0.91 (-11.96%)
Saif Power Ltd. / Nov 3 Saif Power Limited(SPWL)	7.77 ▼ -0.91 (-10.48%)
Sindh Modaraba / Nov 3 Sindh Modaraba(SINDM)	73.98 ▼ -8.22 (-10%)
Ningbo Green Light / Nov 3 Ningbo Green Light Energy Limited(NGLEL)	13.82 ▼ -1.53 (-9.97%)
Mughal Energy / Nov 3 Mughal Energy Limited(GEM)(GEMMEL)	32 ▼ -3.25 (-9.22%)
Hafiz Ltd. / Nov 3 Hafiz Limited(HAFL)	431 ▼ -38.99 (-8.3%)
Service Textile / Nov 3 Service Industries Textiles Limited(SERT)	33 ▼ -2.36 (-6.67%)
Bawany Air Products / Nov 3 Bawany Air Products Limited(BAPL)	16.01 ▼ -1.09 (-6.37%)
Gulshan Sp. / Nov 3 Gulshan Spinning Mills Limited(GSPM)	8.90 ▼ -0.5 (-5.32%)

Stock	Volume
Pervez Ahmed Consultancy / Nov 3 Pervez Ahmed Consultancy Services Ltd.(PASL)	38,081,099 ▲ 0.74
Cnergyico PK / Nov 3 Cnergyico PK Limited(CNERGY)	31,570,004 ▲ 0.23
Pakistan Refinery / Nov 3 Pakistan Refinery Limited(PRL)	15,084,466 ▲ 0.09
Bawany Air Products (R) / Nov 3 Bawany Air Products Limited Right(BAPLR1)	3,558,220 ▼ -1
F. Nat.Equities / Nov 3 First National Equities Limited(FNEL)	3,468,983 ▲ 0.03
Maple Leaf Cement / Nov 3 Maple Leaf Cement Factory Limited(MLCF)	3,010,218 ▲ 1.69
TPL Properties / Nov 3 TPL Properties Limited(TPLP)	2,597,310 ▲ 0.22
B.O.Punjab / Nov 3 The Bank of Punjab(BOP)	2,409,076 ▲ 0.38
Clover Pakistan / Nov 3 Clover Pakistan Limited(CLOV)	2,386,426 ▼ -0.09
K-Electric Ltd. / Nov 3 K-Electric Limited(KEL)	2,295,252 ▲ 0.08

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