News Archives for World - 2020-05-14

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World - 2020-05-14

WTO chief to step down early as global economic crisis rages

Roberto Azevedo said it had been a "personal decision" reached with his family, and stressed that he was not leavin

Published 14 May, 2020 10:45pm

Middle East

Israeli children can go back to school from Sunday: Netanyahu

Those in outbreak epicentres, however, would have to stay home for now. They include employees put on unpaid l

Published 14 May, 2020 10:27pm

UN chief calls for focusing attention on mental health problems caused by coronavirus

The UN chief highlighted how psychological problems such as depression and anxiety are some of the greatest causes

Published 14 May, 2020 10:26pm

France reports 351 more coronavirus deaths

Over the last day, 123 people died in hospitals while over the last 48 hours 228 people died in nursing homes, the

Published 14 May, 2020 10:21pm

Africa

Cairo flyover too close for comfort for apartment dwellers

"When a car goes by, perhaps we can invite them to join us for a cup of tea on our balcony," one resident told a ne

Published 14 May, 2020 10:19pm

US senator steps aside as committee chair as FBI probes stock trades

"We agreed that this decision would be in the best interests of the committee and will be effective at the end of t

Published 14 May, 2020 10:15pm

Europe

Former French president 'very upset' by sexual assault claim

Giscard d'Estaing ushered through a spree of radical reforms as president, legalising abortion, liberalising divorc

Published 14 May, 2020 10:15pm

Africa

First virus death in South Sudan, alarm over cases in camps

The country, emerging from a devastating six-year civil war, has recorded 231 cases since its first case on April 5

Published 14 May, 2020 10:12pm

Worldwide coronavirus cases pass 4.39 million, death toll crosses 296,900

The following table lists countries that have reported deaths and/or at least 100 confirmed cases as of 1559 GMT on

Published 14 May, 2020 10:11pm

Europe

Turkey blames Kurdish militants of killing two civilians

"This despicable attack will not go unanswered," the ministry said, without providing details on the whereabouts of

Published 14 May, 2020 10:10pm

Europe

France to quarantine Spain travellers in reciprocal measure: official

Spain said on Tuesday it would from Friday impose a 14-day quarantine period on all travellers to avoid importing n

Published 14 May, 2020 10:10pm

Europe

Venice locals beckon visitors back to the 'dead city'

"Without tourists, Venice is a dead city," Mauro Sambo, a 66-year-old gondolier who has been working on the Serenis

Published 14 May, 2020 10:10pm

Africa

Ivory Coast to ease virus restrictions in Abidjan on Friday

Schools will reopen on May 25, the statement said, adding that the country's borders would remain closed until the

Published 14 May, 2020 10:09pm

Europe

Virus lockdown strands 100 surrogate babies in Ukraine

Ukraine's borders were closed in March as a result of the virus outbreak. Denisova said that 51 newborns were

Published 14 May, 2020 10:07pm

North America

Trudeau promotes Canadian lobster, doles out aid to fishermen

"Taken together, this adds up to a really tough time." "Not only will it taste great, but it'll help the peopl

Published 14 May, 2020 10:05pm

Europe

EU rules asylum seekers on Hungary border have been ‘detained’, should be released

The asylum seekers appealed Hungary's bid to send them back to their countries of origin. Hungarian Prime Mini

Published 14 May, 2020 08:24pm

Trump threatens China ties, says in no mood for Xi talks

"I'm very disappointed in China. I will tell you that right now." Trump has for weeks accused China of conceal

Published 14 May, 2020 07:34pm

North America

Face masks declared mandatory in Los Angeles

The only exemptions are children under the age of two, and people with certain disabilities. Los Angeles eased

Published 14 May, 2020 07:32pm

Africa

Mozambique soldiers killed another 50 militants this week: govt

Interior Minister Amad Miquidade on Thursday reported around 20 attacks on 11 Cabo Delgado villages between the 3rd

Published 14 May, 2020 07:31pm

Europe

Croatia parliament to dissolve ahead election: PM

It means the vote can be called on a Sunday between June 21 and July 12. Parliamentary elections are called by

Published 14 May, 2020 07:29pm

Trump says pandemic clouds US-China trade deal

The US president's pique extended to Chinese President Xi Jinping, with whom, Trump has said repeatedly, he has a g

Published 14 May, 2020 07:06pm

France cries foul as Sanofi says US to get virus vaccine first

The statement unleashed a torrent of indignation over equitable access to protection against a disease that has kil

Published 14 May, 2020 05:12pm

Turkey virus death toll reaches 4,000

The total number of reported infections now stands at 144,749, making Turkey the ninth most COVID-19 affected count

Published 14 May, 2020 05:09pm

Putin says virus crisis easing as new cases fall below 10,000

Russia says its high number of cases is due in part to a massive testing campaign that has seen six million tests c

Published 14 May, 2020 04:44pm

One-third of US workers who lost jobs can't pay bills: Fed

"The survey data show that early in the public health crisis, a larger fraction of Americans were facing financial

Published 14 May, 2020 04:40pm

Trump threatens new taxes on companies that make goods outside United States

U.S. officials say that Trump's administration is "turbocharging" efforts to push companies to move production of

Published 14 May, 2020 04:33pm

Trump says does not wish to talk to Xi 'right now'

Trump has for weeks accused China of concealing the true scale of the outbreak, which first appeared in late 2019 i

Updated 14 May, 2020 04:53pm

Global Business Economy

Fitch Ratings enters China's credit market

PBOC said that Fitch Bohua will be able to conduct ratings in China's interbank bond market, marking a further step

Published 14 May, 2020 04:01pm

Asia

China condemns terrorist attacks against civilians in Afghanistan

We noted the relevant report. We condemned the terrorist attacks against civilians," Chinese Foreign Ministry's Spo

Published 14 May, 2020 03:55pm

London mayor calls for govt grant for bus, rail services

Operator TfL has seen a 90 percent drop in revenue from ticket sales during the seven-week coronavirus lockdown as

Published 14 May, 2020 03:47pm

9.3mn people food insecure in war-torn Syria: WFP

"WFP estimates that a record 9.3 million people are now food insecure," it said. That figure has leapt from 7.

Published 14 May, 2020 03:45pm

First coronavirus case found in Bangladesh refugee camps

WHO said one case was of a Rohingya man and the other was of a local man who lived near the camp and was being trea

Published 14 May, 2020 03:30pm

Global Business Economy

Virus to slash almost 100bn euros off Germany's 2020 tax intake

"In comparison with the tax estimate from October 2019, tax intake for 2020 will be 98.6 billion ($106.4 billion) l

Published 14 May, 2020 03:28pm

Trump says strong US dollar is ‘great’

The dollar index on Thursday extended its gains, rising 0.3% to a three-week high of 100.47. WASHINGTON:

Published 14 May, 2020 03:21pm

Moscow to launch mass virus immunity testing

"Every three days we will send out 70,000 invitations to Moscow residents" to have their blood drawn at clinics, he

Published 14 May, 2020 03:14pm

Global Business Economy

Jobless data show economic pain as Trump eyes US reopening

About 2.98 million people filed fresh claims for unemployment benefits in the week ended May 9. WASHINGTO

Published 14 May, 2020 03:13pm

Iran dismisses U.S. threat to trigger return of U.N. sanctions

The U.N. embargo is due to expire in October under a 2015 Iran nuclear deal that U.S. President Donald Trump quit i

Published 14 May, 2020 02:47pm

Global Business Economy

EU starts legal actions against Luxembourg over money laundering, tax avoidance

The European Commission launched legal actions on Thursday against Luxembourg over laws to prevent money laundering

Published 14 May, 2020 02:42pm

Coronavirus crisis a window of opportunity for bankers to the rich

Market frenzy helped Swiss banks UBS and Credit Suisse post bumper first-quarter profits while much of the global b

Published 14 May, 2020 02:35pm

Trump rips into China over coronavirus, 'very disappointed'

The coronavirus outbreak originated in Wuhan and was spreading silently as Washington and Beijing signed a Phase 1

Published 14 May, 2020 01:41pm

PM Imran Khan, other world leaders demand free coronavirus vaccine for all

The letter ahead of the WHA said it was not the time to leave the task of resolving the pandemic to market forces o

Published 14 May, 2020 12:48pm

WTO to make announcement about chief amid reports he will resign

The 62-year-old Brazilian career diplomat first took the reins of the global trade body in 2013 and his second term

Published 14 May, 2020 12:38pm

Iran warns of virus cluster spread, says 71 more dead

The total number of people infected in the province had hit 909, of whom 821 had recovered and 59 died, Miri told I

Published 14 May, 2020 12:27pm

EU offers vaccine hope as WHO warns virus here to stay

The UN also warned that the outbreak risked a major mental health crisis and called for urgent action to address ps

Published 14 May, 2020 12:04pm

Taliban claim deadly attack on Afghan army base

In February, Washington and the Taliban agreed a deal saying all foreign forces would leave the country over the ne

Published 14 May, 2020 12:01pm

UK survey shows 76% of firms apply for COVID job retention scheme

Under the scheme, the state pays 80% of the wages of workers who are temporarily laid off. The Bank of England

Published 14 May, 2020 10:13am

As Japan slow-walks stimulus, small businesses fear collapse

Japan is due to lift its state of emergency for much of the country on Thursday In the worst-case scenario, al

Published 14 May, 2020 09:55am

Middle East

Dubai to give ‘Golden Visa’ to foreign doctors serving in corona pandemic

Sheikh Mohammed bin Rashid Al Maktoum, praised the efforts of doctors working for the Dubai Health Authority durin

Published 14 May, 2020 08:57am

Europe

UK rail worker died after being spat at by 'COVID carrier': union

Belly Mujinga, 47, who worked in the ticket office at Victoria station and had an 11-year-old daughter, was on the

Published 14 May, 2020 06:25am

Death toll in Afghan attacks rises to 56

The combined death toll from two attacks in Afghanistan, including one on a hospital in which infants and nurses were killed, has risen to 56, health officials said Wednesday.

Published 14 May, 2020 12:04am

Global Business Economy

Malaysian records slowest growth since 2009

Malaysia's economy grew at its slowest pace in more than a decade during the first three months of the year as the coronavirus pandemic battered the country, but still managed to beat forecasts, data showed Wednesday.

Published 14 May, 2020 12:04am

Global Business Economy

US producer prices record largest drop since 2009

US producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, bolstering some economists' predictions for a brief period of deflation as the novel coronavirus depresses demand.

Published 14 May, 2020 12:04am

Global Business Economy

Amid pandemic, world economy projected to shrink 3.2 percent in 2020: UN

The world economy is projected to shrink by 3.2 percent in 2020 after the coronavirus pandemic sharply restricted economic activity, increased uncertainty and sparked the worst recession since the depression, the United Nations said on Wednesday.

Published 14 May, 2020 12:04am

Virus-slammed UK economy slumps at fastest pace since 2008

Global Business Economy

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 11	277.73
USD PKR Interbank Buying / Oct 11	277.53
USD to Japanese Yen / Oct 11	149.13
USD to Swiss Franc / Oct 11	0.86
Pound Sterling to USD / Oct 11	1.31
Euro to USD / Oct 11	1.09

Stock	Volume
S&P 500 / Oct 11	5,815.03
India Sensex / Oct 11	81,381.36
Tokyo Nikkei / Oct 11	39,605.80
Nasdaq / Oct 11	18,342.94
Hang Seng / Oct 11	21,251.98
FTSE 100 / Oct 11	8,253.65
Dow Jones / Oct 11	42,863.86
Germany DAX 30 / Oct 11	19,373.83

Item	Value
Crude Oil USD/Barrel / Oct 11	75.56
Gold 10 Grams PKR / Oct 11	235,000.60
Gold Spot USD/Ounce / Oct 11	2,656.59
Cotton US¢/pound / Oct 11	72.21
Petrol/Litre / Oct 12	247.03
Karachi Cotton PKR/37.32 KG / Oct 12	18,285

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 12 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 12 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 12 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 12 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 12 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 12 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 12 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 12 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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