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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 / 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 22	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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