News Archives for World - 2021-05-06

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World - 2021-05-06

USA

Canada home prices, sales to moderate but remain elevated

Rental demand is also expected to recover through 2023 as immigration and inter-provincial migration resume, and as students return to campus, the Canada Mortgage and Housing Corporation said in its 2021-2023 market outlook.

Published 06 May, 2021 08:40pm

Europe

EU 'ready to discuss' COVID vaccine patent waiver as drugmakers push back

EU willing to discuss waiving COVID vaccine patents.
Biden voices support for waiver in sharp US reversal.
Waiver talk is 'grandstanding', analyst says.
Big Pharma shares plunge on Biden comments.

Published 06 May, 2021 08:30pm

Europe

UK regulator says some evidence AstraZeneca clots occur more in women than men

British officials have previously only said that the incidence of the clots was linked to age, and that a link with sex had not been established, noting that more women had been vaccinated then men.
In the latest weekly figures, the MHRA said that the case incidence of the rare clots and low platelet levels was 10.5 per million doses, compared to 9.3 per million last week.

Published 06 May, 2021 08:13pm

Africa

IMF staff discussed Tunisia loan request, economic reforms

"Of course we stand ready to support Tunisia and the Tunisian people, to cope with the impact of the crisis and move forward to an inclusive job-rich recovery and restore sustainable finances," Rice told a regular news briefing.

Published 06 May, 2021 08:05pm

South Asia

IMF to revisit growth forecast for India due to surge in COVID-19 cases

The IMF will revisit that forecast when it issued a fresh World Economic Outlook in July, IMF spokesman Gerry Rice told reporters at a regular briefing, but gave no further details.
"We're all watching what is happening in India with concern," Rice said. "There will be spillovers ... contingent on how deep and how long the severity of this crisis continues."

Published 06 May, 2021 08:02pm

USA

US stands by Ukraine against 'reckless' Russian actions

Blinken visits Ukraine in show of support for Kyiv.
Visit follows Russian troop buildup near border.
Blinken says significant number of troops remain.
He urges Ukraine to stick to path of reforms.

Published 06 May, 2021 06:52pm

Europe

Bank of England flags slower bond-buying as economy recovers

The BOE kept its bond-buying programme unchanged at 895 billion pounds ($1.24 trillion), as expected by economists .
The pound and British two-year gilt yields fell after the announcement before recouping those falls.

Published 06 May, 2021 05:53pm

EU willing to discuss COVID-19 vaccine patent waiver

"The EU is also ready to discuss any proposals that addresses the crisis in an effective and pragmatic manner," she said in a speech to the European University Institute in Florence.

Published 06 May, 2021 02:44pm

India sees record Covid deaths, new cases in 24 hours

Health ministry numbers showed 3,980 deaths, taking the total to 230,168, and 412,262 new cases.

Published 06 May, 2021 11:30am

Scotland independence debate dominates UK polls

Victory there would boost Johnson, and heap pressure on Starmer, as he tries to reposition the party after the hard-left leadership of his predecessor Jeremy Corbyn.

Published 06 May, 2021 11:19am

Saudi walks diplomatic high wire on Iran, Yemen

Some analysts warn hopes that talks with Iran will help the kingdom achieve that objective could be misplaced.

Published 06 May, 2021 11:16am

Mexico president hits back at critics over metro crash

He accused Coparmex of being part of the conservative opposition.

Published 06 May, 2021 11:09am

US watching Chinese rocket's erratic re-entry: Pentagon

Kirby said it is "too soon" to know whether any action, such as destroying the space debris, can be taken if human-occupied regions are threatened.

Published 06 May, 2021 11:08am

Pfizer/BioNTech jab confirmed to protect 95% in largest study yet

Before Thursday, the largest real-world study of the Pfizer/BioNTec vaccine, also in Israel, was nearly five times smaller, involving 1.2 million people.

Published 06 May, 2021 10:54am

US backs plan to waive Covid-19 vaccine patents

But that notion has been fiercely opposed by pharmaceutical giants and their host countries, which insist the patents are not the main roadblocks to scaling up production, and warned the move could hamper innovation.

Published 06 May, 2021 10:50am

Pharma federation IFPMA says US support for patent waiver 'disappointing'

As we have consistently stated, a waiver is the simple but the wrong answer to what is a complex problem.

Published 06 May, 2021 10:48am

It's a wrap: Biden buys tacos in boost for US restaurants

Vice President Kamala Harris delivered her own impromptu dose of economic stimulus with a raid on a book shop during a trip to Providence, Rhode Island.

Published 06 May, 2021 10:47am

Pressure mounts on Colombia as protests begin second week

Around 8,000 people took to the streets of Medellin, Colombia's second largest city, by mid-morning, chanting slogans against Duque's political mentor, former president Alvaro Uribe.

Published 06 May, 2021 10:45am

Biden says Republicans have lost their way in 'mini-revolution'

"Republicans must decide whether we are going to choose truth and fidelity to the Constitution," or "join Trump's crusade to delegitimize and undo the legal outcome of the 2020 election," she wrote in the Washington Post.

Published 06 May, 2021 10:42am

WHO's Tedros hails 'historic' US support for vaccine patent waiver

Tedros clashed repeatedly with former US president Donald Trump, who began withdrawing his country from the WHO before President Joe Biden immediately rescinded the move upon taking office in January.

Published 06 May, 2021 10:38am

South Africa's ANC party suspends top official in graft scandal

Magashule has been indicted on charges of corruption and fraud, or theft and money laundering, along with around a dozen other co-accused.

Published 06 May, 2021 10:36am

Abducted Nigerian college students freed

Last month, gunmen attacked a private university also in Kaduna state, killing one staff member and kidnapping about 20 students and workers, staff said.

Published 06 May, 2021 10:34am

Two Americans given life sentences for Italy cop murder

Finnegan Lee Elder, 21, had admitted stabbing Mario Cerciello Rega during a late-night encounter while out with his friend Gabriel Natale-Hjorth.

Published 06 May, 2021 10:33am

Blinken visits Ukraine to show support after Russia tensions

Zelensky, pointing to the Russian troop movements, said recently that Ukraine should be fast-tracked into the NATO military alliance.

Published 06 May, 2021 10:32am

Brazil's Bolsonaro links pandemic to 'germ warfare'

But Brazil's Supreme Court has given states and municipalities the right to implement such policies.

Published 06 May, 2021 10:30am

Israeli army kills Palestinian teen in West Bank: Palestinian sources

The Palestine Red Crescent confirmed having recovered the body of a young man.

Published 06 May, 2021 10:28am

15 soldiers killed in Niger 'terrorist' attack: govt

It is the world's poorest nation, according to the UN's development rankings for 189 countries.

Published 06 May, 2021 10:20am

Germany sets more ambitious climate goals after landmark ruling

BERLIN: The German government said Wednesday it would set more ambitious targets to reduce CO2 emissions after a...

Updated 06 May, 2021 10:18am

US, Japan, S Korea pledge cooperation on N Korea

LONDON: The United States, South Korea and Japan pledged Wednesday to cooperate on North Korea as their top ...

Updated 06 May, 2021 10:18am

Facebook oversight board upholds Trump ban

WASHINGTON: Facebook’s independent oversight board on Wednesday upheld a ban on former US president Donald Trump...

Updated 06 May, 2021 10:18am

London and Brussels agree EU ambassador status post-Brexit

LONDON: The European Union’s ambassador to the UK will have full diplomatic status, London and Brussels said...

Updated 06 May, 2021 10:18am

UK govt condemns French threats over post-Brexit fishing

LONDON: Britain on Wednesday called French threats to cut off electricity to the Channel Island of Jersey...

Updated 06 May, 2021 10:18am

US says ICBM test aborted before launch

WASHINGTON: The United States announced Wednesday that a planned test of an unarmed intercontinental ballistic...

Updated 06 May, 2021 10:18am

Meghan Markle wins UK copyright claim

LONDON: A British court on Wednesday upheld Meghan Markle’s copyright claim against Associated Newspapers, the...

Updated 06 May, 2021 10:18am

Canada authorizes Pfizer Covid vaccine for kids age 12 and up

OTTAWA: Canada on Wednesday approved the use of the Pfizer-BioNTech Covid-19 vaccine in children aged 12 years and...

Updated 06 May, 2021 10:18am

India to pump $6.7bn into virus fight as Biden sets vaccine target

MUMBAI: India on Wednesday pledged billions of dollars to boost its flagging vaccine programme, as President Joe...

Updated 06 May, 2021 10:18am

India warned to brace for new waves

NEW DELHI: India, gripped by one of the most deadly coronavirus surges seen by any country, will have to be ready ...

Updated 06 May, 2021 10:18am

India G7 delegation in Covid scare

NEW DELHI: India’s foreign minister was forced to abandon face-to-face G7 meetings on the pandemic in London on...

Updated 06 May, 2021 10:18am

G7 works on vaccine plan after pleas to help poor

LONDON: The Group of Seven wealthy democracies on Wednesday worked on plans to scale up global Covid-19 ...

Updated 06 May, 2021 10:18am

UK banks slammed over ‘hollow’ climate stance on coal

LONDON: Britain’s biggest banks have made “hollow” carbon-reduction pledges and are key financiers of coal, a...

Updated 06 May, 2021 10:18am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Cotton US¢/pound / May 2	77.01
Petrol/Litre / May 3	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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