News Archives for World - 2020-10-20

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World - 2020-10-20

Europe

Canada working on possible aid for the airlines and travel sector, says finance minister

The Canadian branch of the International Association of Machinists and Aerospace Workers on Tuesday urged Freeland to consider partially or fully nationalizing Air Canada.

Published 20 Oct, 2020 11:46pm

Europe

US sees British trade deal 'reasonably soon'

The EU and Britain urged each other on Tuesday to compromise to avoid a disruptive Brexit finale.

Published 20 Oct, 2020 11:41pm

Africa

Ivory Coast President Ouattara pledges big investment if re-elected

He said the government would tap regional and international debt markets to finance the plan, but did not give details.

Published 20 Oct, 2020 11:38pm

South Asia

India says 'no timeframe' for release of Chinese soldier

India and China have poured tens of thousands of troops into the region since the June battle despite several rounds of talks.

Published 20 Oct, 2020 07:30pm

USA

Trump calls for investigation of Biden, heads to key battleground

According to Trump, Biden's personally troubled son Hunter sold access to his father in Ukraine and China when he was vice president to Barack Obama.

Published 20 Oct, 2020 07:26pm

Exchange

Israel says UAE visit 'making history' - Palestinians call it 'shameful'

UAE delegation and US officials arrive in Israel.
Red carpet for team cementing normalisation deal.
PLO fear visit will encourage Israel to annex West Bank.

Published 20 Oct, 2020 06:32pm

Europe

Chances of Brexit trade deal less than 50-50, Merkel ally says

Detlef Seif, who is Brexit rapporteur for the Merkel's conservatives in the Bundestag lower house of parliament.
That means, for me really the ball is still in Britain's court at the moment," Seif added. "If it is kicked back reasonably.

Published 20 Oct, 2020 06:30pm

Europe

As clock ticks, EU and UK tell each other to budge on Brexit

Five-year Brexit saga culminates in tough trade talks.
Brussels offers to discuss legal texts.
UK wants EU assurance that approach has changed.
No deal feared by businesses and markets.

Published 20 Oct, 2020 06:25pm

Europe

Spain considers curfews to fight new coronavirus wave

Between Friday and Monday, Spain added nearly 38,000 cases, bringing the cumulative total to 974,449. The death toll jumped by 217 to 33,992.
"A curfew would mean...that at some hours there's no mobility, like France has done for example," he said.

Published 20 Oct, 2020 06:23pm

Middle East

Turkey evacuates Syria outpost long-encircled by regime

The war monitor said that other observation posts also surrounded by regime forces could likewise be evacuated.

Published 20 Oct, 2020 06:13pm

Europe

Hungary central bank says ready to act if CPI outlook changes

The Council continuously assesses incoming data, closely monitors the persistence of inflationary effects resulting from the restoration of the economy.
If warranted by a change in the outlook for inflation, the MNB will be ready to use the appropriate instruments.

Published 20 Oct, 2020 06:13pm

Europe

Brexit negotiators in new bid to unblock trade talks

London wants the EU side to confirm that both sides will have to make compromises to find a trade agreement.

Published 20 Oct, 2020 06:12pm

Europe

Russia offers US one-year freeze on nuclear warhead numbers

The ministry said the suspension could only take place on the understanding that there were no "additional" demands from the United States.

Published 20 Oct, 2020 06:10pm

Exchange

EU begins legal action over Cyprus, Malta 'golden passports'

The two countries have two months to respond to the commission's formal notice of action, after which further measures may be taken.

Published 20 Oct, 2020 06:07pm

South Asia

UN announces urgent donor conference for Rohingyas

The UNHCR said 860,000 Rohingya refugees were living in camps across Bangladesh's southeastern Cox's Bazar district.

Published 20 Oct, 2020 06:04pm

Africa

Sudan trial defence rejects case against ousted Bashir

Bashir held power for 30 years until his overthrow on April 11, 2019 following unprecedented mass youth-led street demonstrations.

Published 20 Oct, 2020 05:59pm

UAE-Israel ink pact allowing visa-free travel for nationals, says Netanyahu

Israeli PM says with visa exemption, citizens from both countries will be able to travel across the border

Published 20 Oct, 2020 04:18pm

China

State-owned Chinese company lands US$54 million surveying contract with Saudi Arabia

A state-run Chinese organization has landed a US$54 million surveying contract in Saudi Arabia, bringing Beijing a step closer to a key energy supplier and furthering their strategic interests in the oil-rich region; a sign of their gradually warming relations with Riaydh.

Updated 20 Oct, 2020 06:50pm

USA

U.S. influence falls in the Asia-Pacific region due to mishandling of COVID-19, according to a report

According to the Lowy Institute’s Asia Power Index, while the United States remains an influential presence in the Indo-Pacific region, it has also suffered the biggest relative fall in its regional standing; which can be attributed to the Trump Administration’s isolationist policies and their mismanagement of the COVID-19 pandemic.

Published 20 Oct, 2020 02:02pm

China's Sinovac COVID-19 vaccine appears safe in last stage trials: Researchers

Butantan Institute states CoronaVac proved to be safe in a trial so far involving 9,000 volunteers

Updated 20 Oct, 2020 01:19pm

Europe

UK insists EU must go further to break Brexit deadlock

LONDON: Britain on Monday welcomed signals that the European Union was ready to intensify stalled post-Brexit trade...

Updated 20 Oct, 2020 03:22am

Europe

Home working to boost cyber-attack insurance: Munich Re

FRANKFURT AM MAIN: German reinsurance giant Munich Re said Monday that it anticipates a boom in cyber-risk insurance...

Published 20 Oct, 2020 02:42am

Middle East

First Emirati passenger flight lands in Israel

OCCUPIED JERUSALEM: The first ever passenger flight from the United Arab Emirates to Israel landed near Tel Aviv on...

Updated 20 Oct, 2020 03:21am

USA

US charges six Russian over cyberattacks

WASHINGTON: Six members of Russian military intelligence agency the GRU have been charged in the United States with...

Published 20 Oct, 2020 02:42am

USA

Trump slams government Covid expert Fauci 'and all these idiots'

WASHINGTON: US President Donald Trump went after top government scientist Anthony Fauci in a call with campaign...

Published 20 Oct, 2020 02:42am

Europe

Europe tightens virus curbs as global cases top 40 million

BRUSSELS: A raft of European nations including Italy and Belgium took urgent new measures on Monday to combat a...

Published 20 Oct, 2020 02:42am

USA

Trump slams govt Covid expert Fauci 'and all these idiots'

The president's latest attack seemed to garner a defense of the doctor from Republican Senator Lamar Alexander.

Published 20 Oct, 2020 02:40am

Middle East

Iran and Ukraine open new talks over downed plane

State news agency IRNA said the talks were held at the foreign ministry in Tehran and that they would continue until Wednesday.

Published 20 Oct, 2020 02:37am

Africa

In landmark boost, Trump says will delist Sudan as sponsor of terror

EU foreign policy chief Josep Borrell called Trump's decision "momentous" and voiced full support.

Published 20 Oct, 2020 02:35am

USA

Canada tops 200,000 Covid-19 cases

Canada had 200,039 cases and 9,772 dead -- with its two westernmost provinces still to report their updated tallies.

Published 20 Oct, 2020 02:33am

USA

US House Speaker Pelosi, Mnuchin narrow differences on aid bill, Pelosi spokesman says

Pelosi hopes that by the end of Tuesday there will be "clarity" on whether a coronavirus stimulus bill can be passed before the Nov. 3 elections.
The White House has proposed a $1.8 trillion stimulus to help Americans struggling with the economic ravages of the coronavirus pandemic.

Published 20 Oct, 2020 02:27am

USA

Goldman Sachs gives staff half-day paid leave on US election day

We recognize that the pandemic raises unique challenges for those who want to exercise this civic responsibility to vote safely.

Published 20 Oct, 2020 01:30am

USA

Trump: US to remove Sudan from state terrorism sponsors list after payment to victims

The deal could also set in motion steps by Sudan toward establishing diplomatic relations with Israel, a US official told.
GREAT news! New government of Sudan, which is making great progress, agreed to pay $335 MILLION to US terror victims and families.

Published 20 Oct, 2020 01:25am

South Asia

Lawsuit accuses Indian hackers of leaking businessman's emails

Azima's suit alleges that Indian security company CyberRoot Risk Advisory and New Delhi-based BellTroX InfoTech Services carried out the hack-and-leak.
BellTroX founder Sumit Gupta could not be reached. Gupta, who is a fugitive from US justice in connection with a separate hacking case.

Published 20 Oct, 2020 12:59am

USA

New US COVID-19 cases rise 13pc last week to nearly 400,000

Deaths fell 2% to about 4,900 people for the week ended Oct. 18, according to the analysis of state and county reports.
In Nevada and South Dakota, more than 35% of tests came back positive for COVID-19 last week.

Published 20 Oct, 2020 12:55am

Europe

Czech government approves 2021 budget bill with $13.8bn gap

The minority government based its budget revenue calculation - at 1.487 trillion crowns - on an estimated economic growth of 3.9% next year.
The 320 billion figure equates to about 5.9% of gross domestic product expected in 2021.

Published 20 Oct, 2020 12:53am

USA

Colombian economy backslides, contracting 10.6pc in August

The year-on-year fall in August was higher than the 9.7% contraction reported in July,
Nearly all economic activities were down in August, especially retail, construction, manufacturing and agriculture.

Published 20 Oct, 2020 12:50am

Europe

Brexit brinkmanship: UK says no to more EU trade talks

Frost, Barnier agree to text-based talks.
Turnaround in talks after weekend blame game.
Gove expresses optimism for future.

Published 20 Oct, 2020 12:48am

USA

Mexico's annual inflation rose in first half of October

The experts forecast an annual inflation rate of 3.99% for the first two weeks of October, compared with 3.93% for the last two weeks of September.
Banxico, as the central bank is known, had cut the reference interest rate by 400 basis points in August last year to 4.25%.

Published 20 Oct, 2020 12:47am

Middle East

UAE cabinet ratifies accord to Israel ahead of official visit

The UAE and fellow Gulf state Bahrain in September became the first Arab states in a quarter of a century to sign agreements to establish formal ties with Israel.
Together the UAE and Israel will stand better prepared to confront the malign threats from the Iranian regime, their proxies.

Published 20 Oct, 2020 12:45am

Europe

France's new COVID-19 cases slow but deaths sharply up

The Monday figure tends to dip as there are fewer tests conducted on Sundays. The seven-day moving average of new infections,
The number of people in France who have died from COVID-19 infections rose by 146 to 33,623, versus 85.

Published 20 Oct, 2020 12:41am

USA

Mexican finance minister meets with IMF to discuss credit line renewal

In that meeting, the subject of the credit line that Mexico has was explicitly discussed.
Last year, Mexico renewed its credit line for an equivalent of $61 billion, a reduction from $74 billion.

Published 20 Oct, 2020 12:23am

South Asia

China's Sinovac vaccine is safe, Brazil institute says

São Paulo's Butantan Institute, one of Brazil's leading biomedical research centers, which is carrying out the Phase 3 tests.
The first results of the clinical study conducted in Brazil prove that among all the vaccines tested in the country, CoronaVac is the safest.

Published 20 Oct, 2020 12:21am

USA

Trump says he will test for COVID-19 before next presidential debate

"Sure I would have no problem with that," Trump told reporters when he was asked whether he would be tested before Thursday's debate in Nashville.

Published 20 Oct, 2020 12:19am

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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