Trends - Brexit - Business Recorder

Brexit

Britain's au pair system 'killed' by Brexit

"If we can't find somebody in September, either me or my husband will have to stop working," she added, calling the situation a "frustration".

Updated 24 Feb, 2021 05:53pm

Business & Finance

UK agrees more time for EU to ratify post-Brexit pact

BRUSSELS: The UK government agreed Tuesday to allow the European Union more time to formally ratify the post-Brexit...

Updated 24 Feb, 2021 09:38am

World

UK fintechs seek 'cure for Brexit' in Lithuania

Britain is still first by far with 610 licences.

Published 21 Feb, 2021 11:12am

Business & Finance

Pound powers past $1.40 for first time in nearly 3 years

LONDON: The pound hit $1.40 against the dollar for the first time in nearly three years on Friday, as analysts bet a...

Updated 20 Feb, 2021 06:27pm

World

UK universities report 40% drop in EU applicants post-Brexit

Statistics released by the British government's Universities and Colleges Admissions Services (UCAS) have revealed that the number of EU citizens applying to study in the United Kingdom has dropped by 40% since Brexit.

Updated 18 Feb, 2021 09:32pm

World

Dutch Brexit bonanza continues: investment agency

In all, 218 companies had moved to the Netherlands from Britain since the UK voted to leave the EU in 2016, the agency said.

Published 18 Feb, 2021 04:57pm

Business & Finance

More 'Brexit' companies shift to the Netherlands as uncertainty persists

The agency said 78 "Brexit" companies moved to the Netherlands last year, the same number as in 2019 lifting the total since the 2016 Brexit referendum to 218.

Published 18 Feb, 2021 11:47am

World

Brexit clouds life in Spanish sun for British second home owners

But since Britain voted to leave the European Union in June 2016, sending sterling down against the euro, demand has slackened.

Published 17 Feb, 2021 11:29am

Markets

Denmark to end North Sea oil and gas production by 2050

COPENHAGEN: Denmark, the EU’s biggest oil producer post-Brexit, said it will halt all North Sea oil and gas...

Published 17 Feb, 2021 04:24am

Opinion

City of London pays early price of hard Brexit

Europe’s financial capital is feeling the cold of Brexit but UK officials insist the City of...

Published 15 Feb, 2021 04:53am

Business & Finance

UK downplays risk of EU poaching City of London business

LONDON: Britain on Sunday downplayed the risk of the European Union taking business away from the City of London...

Published 15 Feb, 2021 04:53am

World

City of London pays early price of hard Brexit

Mark Simpson, an expert on financial services at the law firm Baker & McKenzie, agreed that by the metric of job losses, London did not need to panic yet.

Updated 14 Feb, 2021 05:13pm

Business & Finance

Sterling rises above $1.38

LONDON: The pound rose above $1.38 and was set to end the week up against the dollar and euro, as currency traders...

Published 13 Feb, 2021 04:11am

Business & Finance

Sterling consolidates above $1.38

LONDON: Sterling held above the $1.38 mark hit earlier this week on Thursday in relatively quiet currency markets...

Updated 12 Feb, 2021 09:30am

Markets

UK presses EU on finance deal for post-Covid recovery

The EU should instead accept healthy competition, Bailey stressed in his speech.

Published 11 Feb, 2021 11:07am

Business & Finance

Bank of England rules out big capital reduction for insurers after Brexit

Lawmaker: "sky's the limit" ambition needed after Brexit.
Industry facing 1.7 billion pound bill for COVID claims.
BoE: COVID claims won't mean "tons" more capital needed.

Published 10 Feb, 2021 08:23pm

World

Road freight prices from France to Britain jump 50pcin January

Freight groups have told Reuters that European drivers are setting higher prices to bring goods into Britain in case they have to return with an empty truck.
Transporeon, Europe's largest supply chain and logistics technology platform.

Published 10 Feb, 2021 07:26pm

World

Brexit, COVID cast shadow over UK finance tax contributions, report says

"However, the future is uncertain, and we do not yet know the long-term impacts of the pandemic, Brexit and changes in ways of working," City leader Catherine McGuinness said.

Published 10 Feb, 2021 12:29pm

Business & Finance

Brexit and Covid slash UK exports to EU

LONDON: Brexit and coronavirus have slashed the volume of surface freight leaving Britain for the European Union by...

Published 08 Feb, 2021 03:46am

World

Brexit and Covid slash UK exports to EU: report

He said the government had only hired around 20 percent of the extra border staff needed to process the extra paperwork.

Published 07 Feb, 2021 05:37pm

World

UK asks EU for Brexit grace period extension to 2023, BBC reports

Political editor Laura Kuenssberg said Cabinet Office Secretary Michael Gove had written to the European Commission's vice president, Maros Sefcovic, to ask for urgent political solutions.

Published 03 Feb, 2021 02:20pm

World

Northern Ireland halts post-Brexit checks over staff safety

DUBLIN/BRUSSELS: Border inspections at two Northern Irish ports were suspended on Tuesday, after staff were...

Published 03 Feb, 2021 04:35am

World

NIreland halts post-Brexit checks over staff safety

"There is no place in society for intimidation and threats against anyone going to their place of work," a statement said on Tuesday.

Published 02 Feb, 2021 04:53pm

Business & Finance

Factories have mixed performance as pandemic impact lingers

LONDON/TOKYO: Global manufacturing activity remained resilient in January although some countries suffered amid a...

Updated 02 Feb, 2021 09:43am

Markets

Vaccine rollout lifts sterling to strongest against euro since May

Riskier currencies gained against the dollar, which edged lower as global market sentiment was lifted by an equity rally in the Asian and early European sessions.
The economy that does the best will be the one that's able to get its population vaccinated earliest, and at the moment that looks like the UK.

Published 01 Feb, 2021 06:30pm

Markets

Sterling strengthens on vaccine optimism, approaches 3-year high

"It could open the door to further GBP gains, lifting cable closer to 1.4000 and EUR/GBP towards the mid-0.8000's."

Published 01 Feb, 2021 02:55pm

World

Irish freight volumes to EU ports doubled in first month of Brexit

Most of the new direct routes to the continent were launched to and from the southeastern Irish port of Rosslare and in a separate statement, it said its European freight traffic rose 446% year-on-year in January.

Published 01 Feb, 2021 10:53am

World

Irish port becomes new gateway to EU

ROSSLARE, (Ireland): The Irish port of Rosslare has seen a staggering increase in traffic since the Brexit ...

Published 01 Feb, 2021 03:40am

World

After Brexit, Irish port becomes new gateway to EU

Meat trucks and tankers roll onto the dock. Drivers work together -- shouting in French -- to delicately reverse a flatbed packed with farm machinery.

Published 28 Jan, 2021 09:46pm

World

Yellen notes ‘importance’ of US-UK relationship

WASHINGTON: Newly-installed US Treasury Secretary Janet Yellen on Wednesday spoke with her British counterpart Rishi...

Published 28 Jan, 2021 04:40am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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