Trends - COP28 - Business Recorder

COP28

World falling short on 2030 renewables goal: IEA

PARIS: Nations are falling short of the goal agreed at UN climate talks to triple renewable energy capacity by 2030...

Published 04 Jun, 2024 01:02pm

World

G7 reaches deal to exit from coal by 2035

TURIN: Energy ministers from the Group of Seven (G7) major democracies reached a deal to shut down their coal-fired...

Published 30 Apr, 2024 03:43am

Editorials

Climate change and rural income disparities

EDITORIAL: As developments in recent decades have shown, climate change is not just an environmental issue; it is...

Published 23 Mar, 2024 05:41am

World

Leaders tout nuclear power as climate tool at Brussels summit

BRUSSELS: More than 30 countries — including European nations, the United States, Brazil and China — took part ...

Published 22 Mar, 2024 04:57am

World

World needs ‘trillions’ for climate action: COP28

PARIS: The world needs “trillions” of dollars to spur on the green transition and tackle global warming, the ...

Published 21 Feb, 2024 05:29am

BR Research

Upstream oil and gas sector in 2024

The global upstream oil and gas sector ended 2023 on a weak note. Despite the geopolitical tensions and other...

Published 29 Jan, 2024 09:01am

World

Kerry says to work on climate after exiting envoy role

DAVOS: Veteran US diplomat and politician John Kerry said Wednesday he planned to keep working to address climate...

Published 17 Jan, 2024 06:04pm

Pakistan

Discussion titled ‘COP28: an analytical view’ organised by CSP ISSI, CSCCC

ISLAMABAD: Speakers at a round table discussion termed the COP28 as a crucial stage for discussions on a key subject...

Published 23 Dec, 2023 06:16am

Pakistan

Rashid Rana’s ‘It Lies Beyond’ alongside COP28: a chance meeting to an inaugural solo exhibit in Dubai

KARACHI: Who would have thought a chance meeting at Art Dubai 2023 in March would lead to an artist’s first solo...

Updated 20 Dec, 2023 08:52pm

Opinion

‘Transitioning away’ from fossil fuels

COP28 has ended with a compromise solution. There was one side, led by the developed countries, and climate ...

Updated 19 Dec, 2023 05:43am

Perspectives

Unlocking climate funds: Pakistan faces several roadblocks

Does Pakistan want to have its cake and eat it too, when it comes to unlocking climate actions funds? There are...

Published 17 Dec, 2023 12:26pm

Markets

Oil and gas should not be demonized, Elon Musk says

ROME: It is important to reduce carbon emissions to preserve the planet, but oil and natural gas should not be...

Published 16 Dec, 2023 07:47pm

World

COP28 fails to regulate the Wild West of carbon credits

PARIS: Two weeks of relentless negotiating at COP28 failed to produce an agreement on carbon credit sales, relieving...

Published 15 Dec, 2023 12:01pm

BR Research

COP28 and fossil fuels

UN Climate Summit, COP28 is over with some significant decisions along with some loopholes. The conference started...

Published 15 Dec, 2023 09:27am

Editorials

COP28 agreement: a glimmer of hope

EDITORIAL: As the world gathered in Dubai for the 2023 United Nations Climate Change Conference (COP28), the urgency...

Published 15 Dec, 2023 03:12am

World

Climate summit adopts world-first ‘transition’ from fossil fuels

DUBAI: Nearly 200 nations meeting in Dubai on Wednesday approved a first-ever call for the world to transition away...

Published 14 Dec, 2023 05:24am

Opinion

COP28: emerging role of nuclear power

Nuclear power is a zero carbon source of energy, meaning that during its operations, no carbon is produced or...

Published 14 Dec, 2023 05:24am

Business & Finance

OICCI takes lead in shaping private sector climate action at COP28

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) demonstrated its commitment to driving...

Published 14 Dec, 2023 05:24am

World

Russia warns against ‘chaotic’ fossil fuels exit

MOSCOW: Russia on Wednesday warned against a “chaotic” exit from fossil fuels, while welcoming the “compromise” deal...

Published 13 Dec, 2023 10:06pm

World

Saudi energy minister: in agreement with COP28 presidency on final deal

DUBAI: Saudi Arabia’s energy minister Prince Abdulaziz bin Salman said on Wednesday he was in agreement with the...

Published 13 Dec, 2023 05:17pm

World

EU welcomes COP 28 climate agreement, von der Leyen says

BRUSSELS: The agreement reached on the COP 28 climate summit could speed up the transition to a cleaner and...

Published 13 Dec, 2023 03:00pm

World

Nations strike deal at COP28 to transition away from fossil fuels

DUBAI: Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday to begin reducing...

Updated 13 Dec, 2023 03:08pm

World

Arab officials attack bids to phase out fossil fuels

DOHA: Arab officials on Tuesday hit out at attempts to secure a phase-out of fossil fuels at COP28 as they met for a...

Published 13 Dec, 2023 05:33am

Pakistan

Driving climate action: Sustainability reporting standards demanded

KARACHI: At the COP28 conference engaging the United Nations, four leading global bodies have called for concerted...

Published 13 Dec, 2023 05:33am

Pakistan

COP28 in Dubai: 5 key takeaways for Pakistan

One of the world’s most important climate change conferences, the UN’s COP28, came to an end on Tuesday. With...

Updated 13 Dec, 2023 09:38am

World

UN climate summit to run overtime as fury mounts on fossil fuels

DUBAI: UN climate talks in Dubai were set Tuesday to run past a host-imposed deadline for a deal as at-risk nations...

Published 12 Dec, 2023 12:28pm

World

New COP28 draft deal stops short of fossil fuel ‘phase out’

DUBAI: A draft of a potential climate deal at the COP28 summit on Monday suggested a range of options that countries...

Published 12 Dec, 2023 05:28am

Perspectives

COP-28 and Pakistan: pledges galore, but any action?

COP-28 – the 28th Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC) – is...

Updated 11 Dec, 2023 05:41pm

World

UN chief urges COP28 to phase out fossil fuels

DUBAI: UN Secretary-General Antonio Guterres on Monday urged an agreement at COP28 to phase out fossil fuels,...

Published 11 Dec, 2023 01:33pm

World

UN climate chief urges countries to lift ‘unnecessary tactical blockades’ at COP28

DUBAI: The UN’s climate chief urged countries at the COP28 meeting on Monday to lift “unnecessary tactical...

Published 11 Dec, 2023 11:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.95 ▲ 0.84 (11.81%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.13
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.01
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.44
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.65
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.27
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.04
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.63
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.22

Markets →

Budget 2024-25: income tax calculator for FY25

COP28

Most Popular