Trends - coronavirus variants - Business Recorder

coronavirus variants

Omicron estimated to be 58.6% of coronavirus variants in US

The Omicron variant was estimated to be 58.6% of the coronavirus variants circulating in the United States for the...

Published 28 Dec, 2021 06:30pm

Markets

Oil slides, yen gains as Omicron worries push investors to safe havens

NEW YORK: Oil prices slid and global stock benchmarks fell Tuesday after a warning from drugmaker Moderna that...

Published 30 Nov, 2021 08:36pm

Business & Finance

Bank of England to wait until 2023 before raising rates

BENGALURU: The Bank of England (BoE) will wait until 2023 before raising Bank Rate from a record low of 0.10 ...

Published 17 Aug, 2021 04:42am

Markets

Oil slips but set for weekly gain

NEW YORK: Oil fell on Friday, but was on track to post a weekly rise, broadly shrugging off a warning from the...

Published 14 Aug, 2021 03:41am

Markets

Long bets cut on Asian FX; Fed tapering fears, virus spike hits rupiah

This policy lag compared to their US counterpart would keep the currencies in check, he added

Published 01 Jul, 2021 12:22pm

Markets

OPEC bullish on oil market recovery but virus variants pose risk

"The current 'wild card' factor is the 'Delta Variant' of the pandemic that is resulting in rising cases and renewed restrictions in many regions."

Published 29 Jun, 2021 07:41pm

Business & Finance

BioNTech to look into possible dividend next year

BioNTech would not look into a proposal for any dividend before next year's annual shareholder meeting.
Vaccine supply deals lined up for this year alone are worth 12.4 billion euros ($15.1 billion) in revenue for BioNTech.

Published 22 Jun, 2021 06:29pm

Sports

India, South Asia teams to be vaccinated before Tokyo Olympics: IOC

Details of the additional testing were not specified.

Published 28 May, 2021 04:26pm

Sports

North Korea drops out of Tokyo Olympics citing COVID-19, dashing South Korea hopes

North's pullout dashes South's hopes for combined team.
Blow to plans for joint bid to host the 2032 Games.
North's missile tests in March raised tensions.

Published 06 Apr, 2021 10:18am

World

UK could add France to 'red list' over variants: PM

"We will take a decision, no matter how tough, to interrupt that trade, to interrupt those flows, if we think that it is necessary to protect public health and to stop new variants coming in," Johnson said, however.

Published 25 Mar, 2021 10:41am

World

Japan leaning towards ending Tokyo state of emergency on March 21

Japan is trying to bring coronavirus cases under control and get vaccinations well under way as it prepares to host the delayed Summer Olympics, now scheduled to start on July 23.

Published 14 Mar, 2021 12:44pm

World

Poland's cases of British coronavirus variant rising

At the start of January, the share of the British variant was around 5% ... Now, the most recent tests show that the share has been systematically growing and for the last 21 days we have almost 25%."
"The virus in the British version develops so fast as it is of course much more contagious," he said, adding that the variant share was even as high as 70% in random tests.

Published 05 Mar, 2021 08:42pm

Markets

Vaccine hopes boost British pound

"A stronger pound is another headwind for UK exporters and provides some small relief for households," noted Paul Dales of Capital Economics.

Published 23 Feb, 2021 09:44am

World

India detects South African, Brazilian COVID variants

There are no direct flights from South Africa or Brazil, so the health ministry and the civil aviation ministry are in touch on the steps to be taken on the matter.
India's COVID-19 cases rose by 9,121 in the past 24 hours, taking the total to 10.93 million, second only to the tally of the United States. Deaths rose by 81 to 155,813.

Updated 16 Feb, 2021 05:15pm

World

Germany tightens borders to keep Covid variants at bay

He was in a hurry to enter Germany and drive through to France with his cargo.

Updated 14 Feb, 2021 05:13pm

World

What you need to know about the coronavirus right now

Two new variants found in England under investigation.

Published 10 Feb, 2021 10:54am

Markets

Stocks rally again as optimism returns to Asia markets

The move has cost several Wall Street giants huge losses and there had been a fear that investors would have to sell other assets to close out positions to protect themselves from suffering steeper losses.

Published 02 Feb, 2021 10:55am

Business & Finance

Travel troubles force Rolls-Royce to cut 2021 flight forecasts

Flying hours for engines in 2021 lower due to restrictions.
Cash outflow seen at 2 billion pounds, more than expected.
Roll-Royce still sees positive cash flow in second half.

Published 26 Jan, 2021 05:25pm

World

California eases lockdowns as US COVID-19 crisis ebbs

Nail and hair salons may also reopen on a limited basis, with masks required of staff and customers, while some youth sporting events are permitted to resume as well.

Published 26 Jan, 2021 12:27pm

World

Biden to reinstate Covid travel bans: White House official

The milestone was reached only five days after the US, the world's wealthiest and hardest-hit nation, recorded 400,000 deaths from the disease.

Published 25 Jan, 2021 10:58am

World

Britain to discuss tighter travel restrictions

Prime Minister Boris Johnson told a news conference on Friday that the UK may need to implement further measures to protect its borders from new variants of COVID-19.

Published 23 Jan, 2021 06:04pm

World

EU leaders 'discourage' travel, eye tougher border rules

"It is absolutely important to keep the single market functioning," von der Leyen said, so that workers and freight can continue to cross borders.

Published 22 Jan, 2021 10:05am

World

WHO convenes emergency committee early over coronavirus variants

The meeting comes as global infections soared past 91 million and deaths approached two million, with governments around the world reimposing painful economic lockdowns and social restrictions.

Published 14 Jan, 2021 09:44am

Markets

Oil prices dip on rising virus cases; expected stock draw stems losses

US crude oil stockpiles likely fell for a fifth straight week, while refined products inventories were seen up last week, a preliminary Reuters poll showed on Monday.

Published 12 Jan, 2021 12:34pm

Business & Finance

EU regulator approves Moderna vaccine as fears grow over virus variants

Vaccinating the European Union's 450 million people could be crucial to ending a pandemic that has killed almost 1.9 million people globally.
The final step before it can be rolled out across the European Union is approval by the bloc's executive body.

Published 06 Jan, 2021 06:29pm

World

Coronavirus variants, first found in UK and South Africa, spread worldwide

UK scientists also expressed concern that vaccines being rolled out in Britain may not be able to protect against another variant that emerged in South Africa.
PAKISTAN health officials said the variant found in Britain had been detected in the southern province of Sindh.

Published 05 Jan, 2021 04:47pm

World

'No need to panic,' China official says of coronavirus variants

The mutated variant, compared with previous mutated variants .... has no obvious change so far in its ability to cause disease.
He said no impact of variants on the vaccine's immune effect had been detected.

Updated 01 Jan, 2021 09:03pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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