News Archives for World - 2020-09-24

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World - USA - 2020-09-24

Cotton

Mnuchin says US Treasury cannot act on own to avert airline layoffs

Airlines have been pushing Congress for months to back a new $25 billion bailout and extend payroll assistance to prevent passenger airline layoffs for another six months.
"Unfortunately there is not," Mnuchin said. He added the funding from Congress approved in March "literally saved the entire industry."

Published 24 Sep, 2020 11:55pm

USA

Facebook's Oversight Board plans to launch just before US election

The board, created by Facebook in response to criticism of its handling of problematic content.
Oversight Board member Alan Rusbridger told Reuters in an interview the board was now aiming for an October launch.

Published 24 Sep, 2020 11:48pm

USA

US CDC reports 201,411 coronavirus deaths

The CDC reported its tally of cases of the respiratory illness known as COVID-19.
The CDC figures do not necessarily reflect cases reported by individual states.

Published 24 Sep, 2020 11:37pm

USA

Sanders warns about US transfer of power, says Trump 'prepared to undermine democracy'

Sanders, a progressive US senator from Vermont, said in a speech in Washington that Trump, behind in the polls, is "attempting massive voter suppression" and "sowing the seeds of chaos.
This is an election between Donald Trump and democracy - and democracy must win.

Published 24 Sep, 2020 11:20pm

USA

Mary Trump, niece of Donald Trump, sues US president and family for fraud

The complaint accused Donald Trump, his sister Maryanne Trump Barry, and his brother Robert Trump, who died in August, of "rampant fraud and misconduct."
She accused the siblings of seizing control of the real estate empire built by their father Fred Trump Sr, who died in 1999, and exploiting it to enrich themselves.

Published 24 Sep, 2020 11:11pm

USA

Fed's Williams says structural inequality stifles economic growth

Structural inequality stifles growth, but there is no single silver bullet that can solve the problems laid bare by the pandemic.
There is so much work that needs to be done to make sure that we are fostering an equitable recovery.

Published 24 Sep, 2020 11:09pm

USA

New US jobless claims rose slightly last week to 870,000

Claims filed in the week ended September 19 were 4,000 above the previous week's revised level, indicating that the world's largest economy is still struggling.

Published 24 Sep, 2020 06:34pm

USA

Trudeau promises 1 million jobs as virus, election risk loom

The country's jobless rate peaked at 13.9 percent in May, while the economy contracted at a record 38.7 percent in the second quarter.

Published 24 Sep, 2020 04:08am

USA

With eye on Florida, Trump tightens Cuba travel restrictions

Trump made clear his election battle for key state Florida was on his mind with the announcement.

Published 24 Sep, 2020 02:46am

USA

Biden says Black turnout key to winning election, battling inequality

Noting that the coronavirus pandemic had hit the minority community especially hard.
There's only one way to do it. We gotta show up and vote.
A Reuters/Ipsos opinion poll shows Trump and Biden running neck and neck in the state.

Published 24 Sep, 2020 01:26am

USA

Trump unveils new sanctions targeting Cuban rum, cigars, hotels

The moves were the latest in Trump's effort, since taking office in January 2017, to roll back a detente with America's old Cold War foe pursued by his Democratic predecessor.
Trump's aides believe his toughened stance on Cuba has gone down well in the large Cuban-American community in south Florida.

Published 24 Sep, 2020 12:01am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 20	279.76
USD PKR Interbank Buying / Feb 20	279.56
USD to Japanese Yen / Feb 23	154.49
USD to Swiss Franc / Feb 23	0.77
Pound Sterling to USD / Feb 23	1.35
Euro to USD / Feb 23	1.18
SOFR % / Feb 20	3.66

Stock	Volume
S&P 500 / Feb 20	6,909.51
Tokyo Nikkei / Feb 20	56,825.70
Nasdaq / Feb 20	22,886.07
Dow Jones / Feb 20	49,625.97
India Sensex / Feb 23	83,086.64
Hang Seng / Feb 23	26,977.53
FTSE 100 / Feb 23	10,677.93
Germany DAX 30 / Feb 23	25,112.95
France CAC40 / Feb 23	8,497.39

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 19	15,780
Gold 10 Grams PKR / Feb 20	451,356
Petrol/Litre / Feb 23	258.17
Crude Oil USD/Barrel / Feb 23	65.59
Gold Spot USD/Ounce / Feb 23	5,159.67
Diesel/Litre / Feb 23	275.70
Cotton US¢/pound / Feb 23	65.29

Gainers
Losers
Leaders

Stock	Price
Itanz Technologies / Feb 23 Itanz Technologies Limited(ITANZ)	13.96 ▲ 1.27 (10.01%)
Kohinoor Ind. / Feb 23 Kohinoor Industries Limited(KOIL)	50.60 ▲ 4.6 (10%)
S.S.Oil / Feb 23 S.S.Oil Mills Limited(SSOM)	563.62 ▲ 51.24 (10%)
Ahmad Hassan / Feb 23 Ahmad Hassan Textile Mills Limited(AHTM)	92.88 ▲ 8.44 (10%)
786 Invest Ltd / Feb 23 786 Investments Limited(786)	23.56 ▲ 2.14 (9.99%)
Sanghar Sugar / Feb 23 Sanghar Sugar Mills Limited(SANSM)	123.45 ▲ 10.93 (9.71%)
Prosperity Weav / Feb 23 Prosperity Weaving Mills Limited(PRWM)	46 ▲ 4 (9.52%)
Reliance Weaving / Feb 23 Reliance Weaving Mills Limited(REWM)	189.98 ▲ 16.42 (9.46%)
First Treet Manuf / Feb 23 First Treet Manufacturing Modaraba(FTMM)	17.19 ▲ 1.48 (9.42%)
Aisha Steel(ConPS) / Feb 23 Aisha Steel(ConPS)(ASLPS)	17.34 ▲ 1.49 (9.4%)

Stock	Price
Blue-Ex Ltd / Feb 23 Blue-Ex Limited(BLUEX)	5.71 ▼ -56.35 (-90.8%)
LOADS Limited (R) / Feb 23 LOADS Limited (Right)(LOADSR1)	1.06 ▼ -0.24 (-18.46%)
Trust Sec.& Brokerage Ltd (R) / Feb 23 Trust Securities & Brokerage Limited (R)(TSBLR1)	0.43 ▼ -0.09 (-17.31%)
LSE Capital (R) / Feb 23 LSE Capital Limited.(Right)(LSECLR)	0.95 ▼ -0.19 (-16.67%)
Wasl Mobility Mod. / Feb 23 Wasl Mobility Modaraba(WASL)	4.95 ▼ -0.79 (-13.76%)
Ist.Capital Sec / Feb 23 First Capital Securities Corporation(FCSC)	4.50 ▼ -0.71 (-13.63%)
Trust Sec.& Brok. / Feb 23 Trust Securities & Brokerage Limited(TSBL)	1.56 ▼ -0.23 (-12.85%)
Pervez Ahmed Consultancy / Feb 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.10 ▼ -0.29 (-12.13%)
Kohinoor Spinning / Feb 23 Kohinoor Spinning Mills Limited(KOSM)	3.90 ▼ -0.51 (-11.56%)
Parmount Sp. / Feb 23 Paramount Spinning Mills Limited(PASM)	5.76 ▼ -0.73 (-11.25%)

Stock	Volume
K-Electric Ltd. / Feb 23 K-Electric Limited(KEL)	35,787,827 ▼ -0.38
WorldCall Telecom / Feb 23 Worldcall Telecom Limited(WTL)	33,569,261 ▼ -0.07
B.O.Punjab / Feb 23 The Bank of Punjab(BOP)	26,190,388 ▼ -3.29
F. Nat.Equities / Feb 23 First National Equities Limited(FNEL)	24,626,294 ▲ 0.07
Trust Sec.& Brokerage Ltd (R) / Feb 23 Trust Securities & Brokerage Limited (R)(TSBLR1)	18,511,334 ▼ -0.09
P.T.C.L. / Feb 23 Pakistan Telecommunication Company Ltd(PTC)	16,900,425 ▼ -3.2
Pak Int.Bulk / Feb 23 Pakistan International Bulk Terminal(PIBTL)	13,238,271 ▼ -1.29
National Bank / Feb 23 National Bank of Pakistan(NBP)	12,610,557 ▼ -18.84
Cnergyico PK / Feb 23 Cnergyico PK Limited(CNERGY)	11,263,030 ▼ -0.44
Hascol Petrol / Feb 23 Hascol Petroleum Limited(HASCOL)	10,452,911 ▼ -1.92