News Archives for World - 2020-10-15

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World - 2020-10-15

USA

New US jobless claims rise sharply to 898,000 last week

Separate data from regional Federal Reserve banks showed manufacturing continuing its recovery after shutdowns paralyzed production.

Published 15 Oct, 2020 09:33pm

Europe

Macron says fishing must not be 'sacrificed' to Brexit

Macron has taken the toughest line on fishing rights in the six months of discussions to forge a future relationship with the UK by the end of the year.

Published 15 Oct, 2020 09:32pm

USA

US stimulus deal 'hard' to accomplish before election: Mnuchin

President Donald Trump threw the stimulus negotiations into chaos last week when he ordered Mnuchin to halt the talks, but he quickly reversed course..

Published 15 Oct, 2020 09:27pm

Exchange

UN chief calls for eradicating corruption during coronavirus pandemic

The UN will continue to prioritize transparency and accountability, in and beyond the COVID-19 response, the UN chief pledged.

Published 15 Oct, 2020 09:00pm

Africa

Africa at 'pivotal moment' as virus cases rise: WHO

"We cannot allow this virus to erode the gains we have made over the last couple of months since the beginning of the pandemic."

Published 15 Oct, 2020 07:13pm

Africa

Nigerian inflation rises to 13.71pc in September

Inflation rose to 13.71pc last month, compared with 13.22pc in August, the National Bureau of Statistics said in a report on Thursday.

Published 15 Oct, 2020 06:45pm

Europe

EU to continue talks with Britain on trade deal in ‘coming weeks’

"The European Council invites the Union?s chief negotiator to continue negotiations in the coming weeks, and calls on the UK to make the necessary moves to make an agreement possible,"

Published 15 Oct, 2020 06:43pm

Europe

London to move to stricter COVID-19 lockdown shortly, mayor says

"It is my expectation that the governemnt will today announce that London will shortly be moving into tier 2 or the high alert level of restrictions," Khan said.

Published 15 Oct, 2020 06:25pm

Europe

Poland likely to announce new curbs as daily COVID cases rise to record high

While health authorities say there are enough hospital beds and respirators for now to tackle the infection, doctors warn that the system may become overloaded.

Published 15 Oct, 2020 06:19pm

Europe

Slovakia records biggest one-day tally of COVID-19 cases

Slovakia, which reported relatively few cases in the first wave of the pandemic compared to western neighbours, has seen a spike in new infections the past month, similar to much of the rest of Europe.

Published 15 Oct, 2020 06:15pm

Europe

UK PM and chief negotiator to discuss whether talks with EU should continue or not

"David Frost set to talk to Boris Johnson today about whether talks should continue or there's no point and we should move to planning for no trade deal," said Coates on twitter.

Published 15 Oct, 2020 06:09pm

Worldwide coronavirus cases cross 38.57 million, death toll at 1,092,173

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

Published 15 Oct, 2020 06:08pm

Europe

COVID contacts reached by England's Test and Trace scheme falls again

The weekly statistics showed a 64% increase in cases between Oct 1 and Oct 7, and also an increase in positive results among people tested.

Published 15 Oct, 2020 06:07pm

Amid COVID surge, WHO urges Europe to step up controls now to save lives

More than 38 million people globally have been reported as infected with COVID-19, and 1.1 million have died.

Published 15 Oct, 2020 05:57pm

Asia

Malaysia reports 589 new coronavirus cases, 3 deaths

The Southeast Asian country, which has imposed targeted lockdowns this month to rein in a new surge in infections, also recorded three deaths, bringing total fatalities to 170.

Published 15 Oct, 2020 05:50pm

Europe

EU sanctions Russian officials over Navalny poisoning

Pushed by France and Germany, where Navalny was treated after collapsing on a flight from Siberia, the EU targeted six Russians and a state scientific research centre.

Published 15 Oct, 2020 05:46pm

Europe

UK raises COVID alert level in London, imposes stricter measures

The capital will be moved into the "tier 2" or "high risk" level in the government's new three-tiered alert system, up from "tier 1" or "medium risk".

Published 15 Oct, 2020 05:39pm

Europe

France and Germany tell Turkey to stop provocations

Turkey withdrew the vessel last month, just before the EU summit, at which economic sanctions were discussed, only to redeploy it on Monday.

Published 15 Oct, 2020 05:05pm

Europe

Ireland's PM says EU can still get Brexit trade deal

"I think we still can get this resolved within the timeframe available to us," he told reporters ahead of a European Union summit in Brussels. "I think where there is a will there's a way."

Published 15 Oct, 2020 05:00pm

Kyrgyz President Jeenbekov resigns, amidst mounting post-election crisis

In the midst of mass protests across the country against the official results of the parliamentary elections, Kyrgyz President Sooronbai Jeenbekov has tendered his resignation earlier this Thursday.

Updated 15 Oct, 2020 02:25pm

Young, healthy people may have to wait until 2022 for COVID-19 vaccine, says WHO

According to the World Health Organization’s chief scientist Soumya Swaminathan, healthy young people may have to wait as long as 2022 to be vaccinated against the coronavirus, stating that key health workers, and those in the “high-risk” category will be prioritised.

Published 15 Oct, 2020 01:24pm

'Long COVID' may affect multiple parts of body and mind, say doctors

Study states one common theme among ongoing COVID patients is that symptoms appear in one physiological area, such as the heart or lungs, only to abate and then arise again in a different area

Published 15 Oct, 2020 12:01pm

Intra-Afghan talks progressing "in a good manner", says Afghan Taliban spokesperson

In a statement on Thursday, Dr. Muhammad Naeem, Chief Spokesperson for the Political Office of the Islamic Emirate of Afghanistan, revealed that in a recent round of talks between the Taliban and the Afghan government, both parties suggested that “the process [should] be pushed forward in a good manner”.

Updated 15 Oct, 2020 11:39am

Mnuchin says sides remain ‘far apart’ in US stimulus talks

WASHINGTON: US Treasury Secretary Steven Mnuchin on Wednesday said despite some progress, he still has not reached ...

Published 15 Oct, 2020 03:10am

New crew reaches ISS in record time

ALMATY, (Kazakhstan): A three-person crew successfully reached the International Space Station on Wednesday aboard a...

Updated 15 Oct, 2020 04:17am

Nine dead after helicopters collide in Afghanistan

LASHKAR GAH: Two military helicopters evacuating wounded soldiers from fighting in southern Afghanistan collided on...

Published 15 Oct, 2020 03:10am

Israel approves first West Bank settler homes since Gulf deals

OCCUPIED JERUSALEM: Israel approved 2,166 new homes in settlements across the occupied West Bank on Wednesday,...

Published 15 Oct, 2020 03:10am

Putin, Erdogan urge ‘joint efforts’ to end Karabakh fight

MOSCOW: Russian President Vladimir Putin on Wednesday called for international cooperation to end fierce clashes ...

Published 15 Oct, 2020 03:10am

Pompeo encourages Saudi Arabia to normalize with Israel

WASHINGTON: US Secretary of State Mike Pompeo on Wednesday encouraged Saudi Arabia to recognize Israel, in what ...

Published 15 Oct, 2020 03:10am

Covid deaths in Europe, US exceed official tallies

PARIS: Deaths directly or indirectly attributable to the first wave of Covid-19 infections across 21 wealthy nations...

Published 15 Oct, 2020 03:10am

IMF, World Bank marshall forces to push for aid for poorest

Despite a 5.2 percent recovery forecast for 2021, the world economy is expected to lose $28 trillion in output in the next five years.

Published 15 Oct, 2020 02:34am

Pompeo plays down North Korea ICBM risk

Trump has frequently boasted that he has prevented all-out war after soaring tensions and North Korean rocket and nuclear tests.

Published 15 Oct, 2020 02:32am

Europe

Macron orders anti-virus curfew for Paris, other French cities

He said new daily coronavirus cases must be brought down to "3,000 or 5,000", from current levels, which have reached up to almost 27,000.

Published 15 Oct, 2020 02:30am

Europe

Brexit talks' fate hangs in balance at EU summit

European diplomats say Brussels is still hoping for a deal, but is looking for a sign from Johnson that he is serious about compromise.

Published 15 Oct, 2020 02:29am

Exchange

US stimulus hopes dim as Mnuchin says negotiators 'far apart'

Under their latest proposal, Democrats want to enact a broad measure costing $2.2 trillion, but the Trump administration's latest offer was for $1.8 trillion.

Published 15 Oct, 2020 02:27am

Exchange

NY Fed's Logan: Fed moved quickly to address market dislocations in spring

From the experience we had at the time and the data we've been able to assess, it's clear that a wide range of investor types were really selling.
The Fed's purchases of Treasury securities and its commitment to do more if necessary, helped to keep money flowing through key markets, Logan said.

Published 15 Oct, 2020 02:07am

US names coordinator on Tibet amid tensions with China

Destro "will lead US efforts to promote dialogue between the People's Republic of China and the Dalai Lama or his representatives.
China has consistently refused to deal with the US coordinator, seeing it as interference in its internal affairs.

Published 15 Oct, 2020 01:55am

G20 vows to do 'whatever it takes' to support global economy

G20 agrees in principle on debt restructuring framework.
Extends official debt payments freeze for six months.
World Bank leader sees rising risk of disorderly defaults.
IMF chief says more global cooperation needed on vaccine.

Published 15 Oct, 2020 12:53am

WHO fears spike in deaths after global COVID-19 surge

As ICUs see more patients, deaths may follow
'Herd immunity' only possible with a vaccine, WHO says
Young people might have to wait until 2022 for jab

Published 15 Oct, 2020 12:44am

USA

US CDC reports 215,194 deaths from coronavirus

The CDC reported its tally of cases of the respiratory illness known as COVID-19, caused by the new coronavirus.
The CDC figures do not necessarily reflect cases reported by individual states.

Published 15 Oct, 2020 12:28am

Middle East

IMF ready to help Lebanon but needs partner in government: Georgieva

"It takes two to tango," Georgieva said. "We're ready and very willing to help Lebanon; we need a partner."
Georgieva said it was sad to see the Lebanese people in such a dire situation due to the lack of political determination.

Published 15 Oct, 2020 12:17am

Exchange

Mnuchin says coronavirus relief deal unlikely before US election

Mnuchin, who spoke with the California Democrat on Wednesday, acknowledged the two were still "far apart" on some issues and said politics were "part of the reality."
In response to proposals sent over the weekend, the two spent time seeking clarification on language, which was productive.

Published 15 Oct, 2020 12:15am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 27	277.70
USD PKR Interbank Buying / Sep 27	277.50
USD to Japanese Yen / Sep 27	146.23
USD to Swiss Franc / Sep 27	0.85
Pound Sterling to USD / Sep 27	1.34
Euro to USD / Sep 27	1.12

Stock	Volume
S&P 500 / Sep 27	5,738.17
India Sensex / Sep 27	85,571.85
Tokyo Nikkei / Sep 27	39,829.56
Nasdaq / Sep 27	18,119.59
Hang Seng / Sep 27	20,632.30
FTSE 100 / Sep 27	8,320.76
Dow Jones / Sep 27	42,313
Germany DAX 30 / Sep 27	19,473.63

Item	Value
Crude Oil USD/Barrel / Sep 27	67.47
Gold 10 Grams PKR / Sep 27	240,144.70
Gold Spot USD/Ounce / Sep 27	2,665.83
Cotton US¢/pound / Sep 27	73.60
Karachi Cotton PKR/37.32 KG / Sep 28	18,235
Petrol/Litre / Sep 29	249.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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