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planemaker

Boeing will not put planes in air unless 100pc confident, CEO says

WASHINGTON: Boeing CEO Dave Calhoun said on Wednesday the planemaker will only support the operation of its ...

Published 25 Jan, 2024 04:23am

Business & Finance

Embraer posts loss in Q1, reaffirms full-year outlook

SAO PAULO: Embraer SA widened its net loss in the first quarter from a year ago but said results came in within...

Published 08 May, 2023 06:40am

Business & Finance

After strategic 787 wins, Boeing jet battle shifts to factory floor

WASHINGTON: A major purchase by Saudi Arabia caps sales of almost 200 Dreamliners over the past four months, handing...

Published 29 Mar, 2023 06:27am

Business & Finance

Airbus sets record output goal for best-selling jets

DUBLIN: Europe’s Airbus firmed up plans to raise production of its best-selling A320-family narrowbody jets by 50%...

Published 04 May, 2022 10:16pm

World

Boeing sinks to loss on $4.5bn charges related to 787 delays

NEW YORK: Boeing Co said on Wednesday it incurred $4.5 billion charges in the fourth quarter on its sidelined 787...

Published 27 Jan, 2022 04:05am

Business & Finance

Airbus raises forecasts after strong first half

It had previously expected to match last year's 566 jet deliveries while forecasting 2 billion euros of operating profit along with a breakeven in free cash flow

Published 29 Jul, 2021 12:02pm

Markets

Wall Street shrugs off inflation jump to move higher

The Dow Jones Industrial Average rose 120.79 points, or 0.35pc, to 34,585.43, the S&P 500 gained 13.23 points, or 0.31pc, at 4,214.11 and the Nasdaq Composite added 61.48 points, or 0.45pc, at 13,797.76.

Published 29 May, 2021 12:46am

Business & Finance

Amazon, Microsoft, Google pursue $1bn cloud deal with Boeing

The multi-year deal is expected to be worth at least $1 billion over several years, the report said, citing people familiar with the matter.

Published 27 May, 2021 07:10pm

Business & Finance

Friday's early trade: S&P, Dow extend recovery

NEW YORK: The S&P 500 and the Dow rose on Friday, extending a recovery from the previous session, as strong US...

Published 22 May, 2021 04:05am

Business & Finance

Boeing plans new 737 MAX output jump in late-2022

Boeing officially targets 31 MAX a month in early 2022.
Sources say it is discussing up to 42/month in fall 2022.
Also seen planningh interim step of 26/month by end-2021.
Outcome depends on factors including demand, supply chain.

Published 21 May, 2021 08:23pm

Business & Finance

Brazil's Embraer jet deliveries rise, backlog falls

The backlog now stands at $14.2 billion, down from $15.9 billion in the first quarter of 2020.
Embraer, the world's No. 3 planemaker, has been deeply challenged by the pandemic, along with its larger competitors Boeing Co and Airbus SE.

Published 27 Apr, 2021 07:28pm

Business & Finance

Airbus, Dassault reach deal on European fighter jet prototype

PARIS: Airbus and Dassault Aviation have reached an accord on building a test version of Europe’s next-generation...

Published 03 Apr, 2021 03:41am

Business & Finance

PIA says it has Boeing 777s with safer general electric engines

In the wake of the recent Boeing 777 incident in the United States, Pakistan International Airlines (PIA) says that it's twelve Boeing-777 planes with safer general electric engines.

Published 22 Feb, 2021 05:32pm

Business & Finance

Cautious Airbus forecast disappoints after 2020 loss

Airbus sees flat deliveries in 2021 despite output increase.
Reintroduces delivery and operating profit targets.
Signals that spun-off aerostructures units will stay in-house.

Published 18 Feb, 2021 09:01pm

Markets

S&P, Dow slide after Boeing results; Nasdaq fall cushioned by Microsoft

Boeing falls on record annual loss, to delay 777X jet.
Microsoft rises after upbeat quarterly results.
Big-tech earnings in focus later in the day.
Walgreens up as outgoing Starbucks executive named CEO.
Indexes down: Dow 1.39%, S&P 1.31%, Nasdaq 1.04%.

Published 27 Jan, 2021 09:10pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 5	277.92
USD PKR Interbank Buying / Nov 5	277.72
USD to Japanese Yen / Nov 5	152.45
USD to Swiss Franc / Nov 5	0.86
Pound Sterling to USD / Nov 5	1.30
Euro to USD / Nov 5	1.09

Stock	Volume
S&P 500 / Nov 4	5,712.69
Nasdaq / Nov 4	18,179.98
Dow Jones / Nov 4	41,794.60
India Sensex / Nov 5	78,731.05
Tokyo Nikkei / Nov 5	38,537.29
Hang Seng / Nov 5	20,865.77
FTSE 100 / Nov 5	8,191.31
Germany DAX 30 / Nov 5	19,121.64

Item	Value
Petrol/Litre / Nov 5	248.38
Crude Oil USD/Barrel / Nov 5	71.49
Karachi Cotton PKR/37.32 KG / Nov 5	18,285
Gold 10 Grams PKR / Nov 5	242,798
Gold Spot USD/Ounce / Nov 5	2,732.66
Diesel/Litre / Nov 5	255.14

Gainers
Losers
Leaders

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

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

Stock	Volume
P.I.A.C.(A) / Nov 5 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 5 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 5 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 5 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 5 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 5 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 5 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 5 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 5 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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