Trends - London - Business Recorder

London

Barclays Q1 profit more than doubles as bad loans shrink

The better than expected results followed similarly upbeat news from rivals such as HSBC and Lloyds earlier in the week, as British banks benefited from government job support schemes that have put back the hit from the pandemic.

Published 30 Apr, 2021 11:16am

Markets

Glencore keeps full-year production guidance unchanged

Its copper production stood at 301,200 tonnes in the first quarter, but zinc fell 13,000 tonnes year-on-year to 282,600 tonnes and nickel was down 11% at 25,200 tonnes.

Published 29 Apr, 2021 12:14pm

Markets

Banks, miners drag FTSE 100 lower; C4X Discovery shines

Hammerson reversed course to trade 2.5% lower. The company on Monday confirmed that it was in talks for a possible sale of its retail parks portfolio to Canadian private equity player Brookfield Asset Management.

Published 12 Apr, 2021 01:39pm

World

Britain condemns 'bullying' Myanmar junta over seizing London

"We condemn the bullying actions of the Myanmar military regime in London yesterday," Dominic Raab tweeted.

Published 08 Apr, 2021 01:08pm

Markets

FTSE 100 falls as high yields, inflation worries return to fore

The domestically focused mid-cap FTSE 250 index fell 0.5%.

Published 04 Mar, 2021 02:05pm

Business & Finance

Heathrow charging departing passenger extra to cover pandemic costs

The Heathrow airport in London is charging an extra 8.90 pounds ($12.40) to departing passengers to cover costs of falling air travel due to the COVID-19 pandemic.

Published 01 Mar, 2021 01:21pm

Business & Finance

New York widens lead over London as global financial hub: Survey

The survey said only 31% of respondents saw London as the top hub, down from 34% last year, with just over 50% saying that leaving the European Union will weaken London’s position as a global financial centre.

Published 16 Feb, 2021 02:49pm

Pakistan

Nawaz Sharif's passport will not be renewed, may apply for emergency travel document: Interior minister

Sheikh Rashid said if Nawaz wants to return to Pakistan, he will be issued the emergency travel documents.
Nawaz's passport will expire tonight.

Published 16 Feb, 2021 01:48pm

World

UK bans direct flights from UAE, shutting world's busiest international route

Britain is banning direct passenger flights to and from the United Arab Emirates from Friday, shutting down the world’s busiest international airline route from Dubai to London.
Britain said it was adding the United Arab Emirates, Burundi and Rwanda to its coronavirus travel ban list because of worries over the spread of a more contagious and potentially vaccine-resistant COVID-19 variant first identified in South Africa.

Published 29 Jan, 2021 11:10am

Pakistan

Manual processing of visas at Pakistani missions in UK will discontinue from February 1

From February 1, all visa applications will be processed through online visa portal only.
This decision is in line with Pakistan's decision to stop manual processing of visas from January 1 last.

Published 27 Jan, 2021 10:59am

World

40% of Londoners would consider moving to Europe in the wake of Brexit, COVID-19: Survey

More than one in three Londoners would consider leaving the UK capital, with all citing Brexit uncertainty and the pandemic as deciding factors for them.

Published 26 Jan, 2021 12:19pm

Pakistan

Video of women confronting Ishaq Dar in London goes viral

The video, who is making rounds on social media, it can be seen that the women accusing former finance minister and Prime Minister of looting the nation’s wealth.
“Be ashamed, be afraid of Allah,” the woman can be heard saying to Dar.

Updated 25 Jan, 2021 09:08pm

World

British PM says new variant may carry higher risk of death

Johnson said that the impact of the new variant, which is already known to be more transmissable, was putting the health service under “intense pressure”.

Published 23 Jan, 2021 02:15pm

World

UK refuses to grant EU diplomats full status, sparking row: BBC

Britain, an EU member for 46 years, voted to quit in 2016 and completed its tortuous journey out of the bloc on Dec. 31, when Brexit fully took effect.
The EU has 143 delegations, equivalent to diplomatic missions, around the world.

Published 21 Jan, 2021 01:29pm

Sports

Tokyo Olympics 'unlikely', says London 2012 official

"I don't think it will be cancelled," Coe told Sky News. "It'll be a challenge, we know. It's pretty self-evident. There will be adaptations."

Published 20 Jan, 2021 09:38am

Markets

Stocks take a breather, bonds under Biden pressure

Overnight, the Nasdaq led modest losses on Wall Street, falling 1.3% as investors sold tech giants who have taken actions against Trump and his supporters.

Published 12 Jan, 2021 02:34pm

World

Armenian president stuck in London with coronavirus

The 67-year-old president "had symptoms of the novel coronavirus. A test gave a positive result," the presidency said.

Published 05 Jan, 2021 09:31pm

World

Does Brexit free Europe to seek closer union?

The EU is thus losing a powerful member, but will France find it easier to build the case for a more independent EU global strategy?

Published 31 Dec, 2020 09:07am

World

Turkey, UK to sign free trade deal this week -Erdogan

The trading relationship was worth 18.6 billion pounds ($25.25 billion) in 2019.

Published 29 Dec, 2020 09:25am

Markets

Sterling gains, dollar on back foot amid hopes Brexit deal imminent

The Brexit headlines overshadowed US President Donald Trump's demand for changes to a coronavirus aid bill, effectively threatening a government shutdown next week.

Published 24 Dec, 2020 08:54am

Business & Finance

UK car output down 1.4% for November, Brexit deal needed

"Yet another decline for UK car production is of course concerning, but not nearly as concerning as the New Year nightmare facing the automotive industry if we do not get a Brexit deal that works for the sector," SMMT Chief Executive Mike Hawes said.

Published 23 Dec, 2020 10:47am

World

UK PM, EU chief held talks on Brexit, Covid: EU source

Johnson and von der Leyen are pressing to break a logjam over fishing rights with just nine days to go before Britain leaves the EU single market and customs union.

Published 22 Dec, 2020 05:39pm

World

London to move into toughest tier of COVID-19 restrictions – report

More than 40% of citizens were placed in the highest risk category.
“Moving into Tier 3 before Christmas will be deeply disappointing for Londoners, and a terrible blow to the capital’s hospitality, leisure and cultural sectors,” said John Dickie, Director of Strategy and Policy at business campaign group London First.

Published 14 Dec, 2020 08:12pm

Business & Finance

Commonwealth Bank of Australia makes Brexit move to Amsterdam

Since Britain voted to leave the EU in 2016, a range of businesses in finance, information technology, media, and health have moved their head office from London to Amsterdam.

Published 07 Dec, 2020 12:32pm

Pakistan

Begum Shamim Akhtar’s funeral prayers offered in London

The prayers were offered in London Central Mosque where the number of participants had to be limited to 30 due to coronavirus restrictions.

Published 27 Nov, 2020 07:57pm

UK trucker took 23 minutes to raise alarm over 39 dead migrants

Eamonn Harrison, 23, who is said to have driven the lorry to Zeebrugge, and Georghe Nica, 43, both deny 39 counts of manslaughter.

Updated 27 Oct, 2020 11:50pm

Pakistan

Imran Khan vows to visit UK if needed to bring Nawaz Sharif back

The Prime Minister said that he is ready to visit UK to meet his counterpart Boris Johnson over Nawaz Sharif issue.

Updated 23 Oct, 2020 09:20pm

Business & Finance

New York stays ahead of London in top financial centres survey

The Global Financial Centres Index (GCFI) is based on a survey by the Z/Yen Group in partnership with the China Development Institute of more than 54,500 assessments collected from 8,549 professionals working in the sector.

Published 26 Sep, 2020 10:16am

Business & Finance

Heathrow calls for UK airport virus tests after £1-bn loss

In response the hub has cut its operating costs by at least £300 million and cancelled or paused over £650 million in projects.

Published 29 Jul, 2020 05:11pm

World

Brexit talks move to London after tough week in Brussels

"The talks this week are slightly more informal in nature," Prime Minister Boris Johnson's spokesman said.

Published 06 Jul, 2020 08:36pm

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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