News stories for John Biers - Business Recorder

John Biers

Opinion

Wall Street eyes chance of divided Washington after midterms

With polls suggesting Republicans will retake at least one congressional chamber in next week’s US elections, Wall...

Published 02 Nov, 2022 04:37am

Opinion

Drop in the bucket: US infrastructure plan may fall short on water

Out of sight, out of mind: Problems with decades-old pipes and sewers across American cities and towns are largely...

Published 09 Aug, 2021 05:05am

Opinion

New US electric car chargers are a green leap of faith

It has been a long road for electric cars in the United States, but myriad announcements by major automakers signal...

Published 13 May, 2021 03:10am

Opinion

Logjam deepens at world’s ports as pandemic strikes shipping

Towering cranes work overtime swinging containers from cargo vessels in the eastern Chinese port of Lianyungang,...

Published 05 Apr, 2021 03:56am

Opinion

Goldman Sachs dustup hits nerve as pandemic blurs work-life line

A revolt by junior Goldman Sachs’ bankers over work weeks that can stretch to as long as 105 hours has inspired...

Published 29 Mar, 2021 06:05am

Opinion

Consumers lapping up cereal, paper towels in pandemic

ARTICLE: Face masks and hand sanitizer may be the signature items of the COVID-19 economy, but the upheaval in...

Published 01 Aug, 2020 01:12am

Opinion

Wall Street's Big Tech enthusiasm getting stronger

ARTICLE: Tech stocks were going strong even before COVID-19, but behavioral shifts during the pandemic have lifted...

Published 13 Jul, 2020 02:40am

Opinion

Will Covid-19 deal US malls a mortal blow?

As they gradually reopen, US shopping malls are requiring masks and implementing social distancing policies in hopes of convincing customers that they can shop safely in the coronavirus era.

Published 23 May, 2020 12:06am

UAW scandal, weakening car sales mean tough contract talks

Detroit carmakers and the United Auto Workers faced a challenging backdrop to contract talks even before prosecutors escalated a corruption probe of the union in recent days. Uncertainties surrounding US trade policy and fuel economy rules have clouded th

Published 09 Sep, 2019 12:00am

Markets

Play charts epic rise and fall of Lehman Brothers

For one month only, the original Lehman Brothers have returned to New York City, and they have lots to say about the virtues and vices of American capitalism. Henry, Emanuel and Mayer Lehman are at the center of "The Lehman Trilogy," a play that chronicle

Published 01 Apr, 2019 12:00am

New retail tools aim to solve e-commerce profit dilemma

Conventional wisdom in the Amazon era holds that the lowest price wins the battle of the retailers, leading many to just about give away items to make a sale. Yet some data suggest a more nuanced reality: while 76 percent of retailers aim to sell goods at

Published 17 Jan, 2019 12:00am

Increased costs bit US retailers despite higher holiday sales

Holiday shopping reports released Thursday underscored anew the challenges US retailers face in the Amazon era - even if consumers are willing to open their wallets to spend.

Published 13 Jan, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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