News Archives for World - 2020-10-16

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World - 2020-10-16

Exchange

Paris urges EU to impose WTO state aid sanctions over Boeing

The World Trade Organization ruled Tuesday that Brussels could impose tariffs worth $4.0 billion on US imports in retaliation for illegal American aid to Boeing.

Published 16 Oct, 2020 06:08pm

Coronavirus toll at 1100 GMT Friday

At least 38,965,020 cases have been registered. Of these, at least 26,884,800 are now considered recovered.

Published 16 Oct, 2020 05:58pm

"Even Pakistan and Afghanistan handled COVID better than India", criticises Rahul Gandhi

On Friday, former President of the Indian National Congress, criticised the Modi-led BJP government over its abysmal handling of the COVID-19 pandemic, and its impact on the Indian economy.

Published 16 Oct, 2020 05:44pm

Europe

Macron says UK 'in particular' needs more effort for Brexit deal

"It's the United Kingdom that wanted to leave the European Union and which needs a deal more than we do," he told reporters, after an EU leaders' summit.

Updated 16 Oct, 2020 05:58pm

Europe

Reported Russian COVID vaccine disinformation 'reprehensible': UK's Raab

"We know that Russia has a track record in this area," he told Sky News when asked about a Times newspaper report that there was a Russian campaign to undermine an Oxford University vaccine trial.

Published 16 Oct, 2020 04:49pm

South Asia

China hopes to work with Philippines on South China Sea energy projects

Philippines President Rodrigo Duterte has lifted a moratorium on petroleum exploration in the South China Sea, paving the way for three projects to resume.

Published 16 Oct, 2020 04:42pm

South Asia

Philippines confirms 3,139 novel coronavirus cases, 34 more deaths

In a bulletin, the ministry said total confirmed cases had reached 351,750, while deaths had increased to 6,531, with the Philippines recording the second highest number of casualties in Southeast Asia.

Published 16 Oct, 2020 04:34pm

Asia

Indonesia reports 4,301 new coronavirus cases, 79 more deaths

The country also reported 79 more COVID-19 deaths, with total fatalities at 12,347, also the region's highest.

Published 16 Oct, 2020 04:26pm

Europe

Croatia daily COVID-19 infections exceed 1,000 for first time

In the last 10 days the number of new infections has accelerated from around 300 a day to reach 793 on Thursday, part of a surge in infections across Europe with the approach of winter.

Published 16 Oct, 2020 04:14pm

Europe

Brexit drama: British PM Johnson to answer EU's demand to give ground

The EU's 27 members, whose combined $18.4 trillion economy dwarfs the United Kingdom's $3 trillion economy, say a deal is still possible but that Johnson must give ground.

Published 16 Oct, 2020 04:11pm

South Asia

Japan PM wants interim growth strategy report by year-end: Economy Minister

Main issues that will be discussed at the panel include how to improve labour mobility and productivity, as well as business restructuring in a post-coronavirus world.

Published 16 Oct, 2020 04:09pm

Europe

Britain moves closer to COVID-19 vaccine trials that infect volunteers

The UK government's department for business, energy and industrial strategy (BEIS) was not immediately available for comment.

Published 16 Oct, 2020 04:04pm

Europe

Poland reports new daily record of 132 coronavirus-related deaths

The government urged Poles to travel outside of the country only if absolutely necessary, following another daily record of 8,099 new confirmed coronavirus cases on Thursday.

Published 16 Oct, 2020 04:00pm

WHO defends data after concluding Gilead's remdesivir flopped COVID trial

Gilead has questioned the findings that concluded remdesivir does not help patients who have been admitted to hospital, saying the "emerging (WHO) data appears inconsistent".

Published 16 Oct, 2020 03:43pm

Europe

Ukraine's president urges people to support cutting number of lawmakers

Zelenskiy came up with the idea of a special vote asking people to express their views on the size of parliament alongside other issues when local polls are held on Oct. 25.

Published 16 Oct, 2020 03:37pm

Europe

Swiss daily coronavirus cases increases by 3,105 cases, highest daily rise

The agency reported a total of 74,422 confirmed cases in Switzerland and neighbouring principality Liechtenstein.

Published 16 Oct, 2020 03:33pm

Europe

EU leaders agree to hold frequent COVID video-conferences

Underlining those risks, the head of the European Commission and the Finnish prime minister have had to leave a two-day EU summit that ends on Friday as a COVID-19 precaution.

Published 16 Oct, 2020 03:31pm

USA

Taliban agree to reduce violence in Afghanistan, according to Ambassador Khalilzad

In a recent announcement from Zalmay Khalilzad, the United States Special Representative in Afghanistan, the Taliban has come to an agreement to reduce casualties and violence in the country, promising to adhere to the terms of the peace agreement with the Trump Administration.

Published 16 Oct, 2020 02:44pm

A much-hyped 'Remdesivir' fails to reduce mortality, hospital stay of COVID-19 patients: Study

The study was conducted in 30 counties on more than 11,000 people.

Updated 16 Oct, 2020 02:40pm

Jacinda Ardern expected to cruise to victory, as New Zealand braces for a historic election

New Zealand’s young progressive Prime Minister Jacinda Ardern is projected to comfortably win her second term in office, with polls giving her a significant double-digit lead over her electoral rival in the center-right National Party.

Published 16 Oct, 2020 12:16pm

India denies desire for talks with Pakistan, terms SAPM Yusuf’s remarks 'misleading & fictitious'

"As regards the purported message that was referred to, let me make it clear that no such message was sent from our side,” Indian foreign ministry spokesman said.

Published 16 Oct, 2020 10:59am

Europe

Sweden to ramp up defence spending by 40 percent

STOCKHOLM: Sweden said Thursday it would boost military spending by 40 percent over the next four years as it seeks...

Updated 16 Oct, 2020 04:09am

South Asia

Five sentenced to death in Bangladesh for gang rape

DHAKA: A Bangladesh court sentenced five men to death Thursday for the 2012 gang-rape of a 15-year-old girl, amid...

Updated 16 Oct, 2020 04:09am

Europe

Britain 'disappointed' at EU leaders Brexit conclusions

LONDON: Britain's chief Brexit negotiator David Frost on Thursday said London was "disappointed" at European ...

Published 16 Oct, 2020 02:45am

Asia

Protesters defy Thai crackdown after emergency decree, arrests

BANGKOK: Some 10,000 Thai protesters gathered Thursday in defiance of a sweeping crackdown after authorities moved ...

Published 16 Oct, 2020 02:45am

South Asia

Heavy rains kill 30 in India

HYDERABAD: At least 30 people have been killed because of sudden torrential rains and flooding in southern India,...

Published 16 Oct, 2020 02:45am

Europe

Mask-free Queen ventures outside 'HMS Bubble' to secret lab

SALISBURY, (United Kingdom): Queen Elizabeth II on Thursday made her first public visit outside a royal residence...

Published 16 Oct, 2020 02:45am

Europe

Several hundred people have been killed in the deadliest flare-up of the decades-old conflict since a 1990s war over Nagorno-Karabakh killed about 30,000 people.
Nagorno-Karabakh belongs to Azerbaijan under international law, but is populated and governed by ethnic Armenians.

Published 16 Oct, 2020 01:48am

Europe

Johnson to set out UK's Brexit approach on Friday, Frost says

Britain left the EU in January and the estranged allies have since been locked in complex negotiations to try to agree a free trade deal for when a status-quo transition period ends on Dec. 31.
The European Union on Thursday said Britain needed to compromise to secure an agreement.

Published 16 Oct, 2020 01:34am

USA

Biden to raise $2.4 trillion from taxes over a decade

Analysts at the Urban-Brookings Tax Policy Center revised a March estimate that suggested Biden would raise around $4 trillion in taxes,
The $4 trillion figure became a regular attack leveled by President Donald Trump against Biden ahead of their Nov. 3 election contest.

Published 16 Oct, 2020 01:32am

Exchange

UAE, Israel working on double tax treaty to encourage investment

Several commercial agreements have been signed between the two countries since mid-August, when they agreed to normalise relations.
There is a preliminary agreement between both countries to start negotiations with Israel on Double Taxation Avoidance Agreement soon.

Published 16 Oct, 2020 01:25am

Faster coronavirus recovery could add $9 trillion to global income by 2025: IMF's Georgieva

If we may make fast progress everywhere, we could speed up the recovery. And we can add almost $9 trillion to global income by 2025.
Equitable and affordable access to COVID-19 therapeutics and vaccines globally will be key to avoid an economic recovery that leaves "long lasting scars"

Published 16 Oct, 2020 01:18am

Europe

Italy coronavirus cases surge to new daily record close to 9,000

The number of people in intensive care with the virus has risen steadily. It stood at 586 on Thursday,
Italy was the first country in Europe to be hit by COVID-19 and has the second-highest death toll in the continent after Britain,

Published 16 Oct, 2020 01:14am

USA

Twitter unblocks Trump campaign account that shared NY Post story on Biden

The Trump campaign, with 2.2 million followers, said in a new tweet it was "re-posting the video Twitter doesn't want you to watch.
It's going to all end up in a big lawsuit and there are things that can happen that are very severe that I'd rather not see happen, but it's probably going to have to,

Published 16 Oct, 2020 01:10am

USA

US CDC reports 216,025 deaths from coronavirus

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

Published 16 Oct, 2020 12:54am

Europe

France's new COVID-19 cases set new 24-hour record, above 30,000

French President Emmanuel Macron on Wednesday ordered a nightly curfew in Paris and eight other big cities where the coronavirus is rampant.
The number of people in France who have died from COVID-19 infections rose by 88 to 33,125, versus 104 on Wednesday.

Published 16 Oct, 2020 12:34am

IMF's Georgieva says US, China need to keep up coronavirus stimulus

A faster recovery also depends on strong cooperation to develop and distribute COVID-19 vaccines evenly worldwide.
"That in turn could help narrow the income gap between richer and poorer nations," she said.

Published 16 Oct, 2020 12:33am

Europe

EU tells Britain to give ground to secure trade deal, UK to respond Friday

EU leaders put ball in UK's court on new trade deal.
UK Brexit negotiator says is disappointed and surprised.
EU grants more time for talks, UK PM to respond on Friday.
COVID-19 devastation makes deal more essential – Ireland.

Published 16 Oct, 2020 12:24am

Middle East

Saudi minister stresses bringing Israel, Palestinians into talks

I believe that the focus now needs to be on getting the Palestinians and the Israelis back to the negotiating table.
We hope ... that we are able to find a path forward to address the legitimate security concerns ... that drove us to take the decisions we took.

Published 16 Oct, 2020 12:12am

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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