Trends - COP28 summit - Business Recorder

COP28 summit

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

World needs ‘torrents’ of cash for green transition: UN

PARIS: The world needs to urgently start investing trillions of dollars in the green transition, the United Nations...

Published 03 Feb, 2024 05:46am

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

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

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

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

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

COP28 head warns ‘failure is not an option’

DUBAI: The Emirati head of UN climate negotiations stepped up pressure Sunday on countries to quickly resolve...

Published 10 Dec, 2023 05:01pm

World

UN chief says he will not give up appeals for ceasefire in Gaza

DOHA: United Nations Secretary-General Antonio Guterres said on Sunday he will not give up appealing for a...

Published 10 Dec, 2023 02:05pm

World

COP28 clashes over fossil fuel phase-out after OPEC pushback

DUBAI: Countries clashed on Saturday over a proposed agreement to phase-out fossil fuels at the COP28 summit in...

Published 10 Dec, 2023 03:33am

World

COP28 president says summit 'making progress, but not fast enough'

DUBAI: The COP28 president said Saturday that the climate summit was making progress but "not fast enough" as he...

Published 09 Dec, 2023 10:32pm

World

China sees COP28 progress on fossil fuels

DUBAI: China said Saturday it saw progress at COP28 climate talks in a dispute over the future of fossil fuels, as...

Published 09 Dec, 2023 07:13pm

World

OPEC members push against including fossil fuels phase-out in COP28 deal

DUBAI: OPEC members are pushing against attempts to include language on “phasing out” fossil fuels in a COP28...

Updated 09 Dec, 2023 04:35pm

World

World could breach 1.5C warming threshold in 7 years: study

PARIS: The world may cross the crucial 1.5C global warming threshold in seven years as fossil fuel CO2 emissions...

Published 05 Dec, 2023 04:28pm

Pakistan

Pakistan’s stance on climate finance for developing countries acknowledged in COP28: PM Kakar

Caretaker Prime Minister Anwaar-ul-Haq Kakar has said that Pakistan has been a strong voice and a proactive advocate...

Updated 03 Dec, 2023 09:39pm

World

Top development banks at COP28 vow to up climate game, quiet on fossil fuels

DUBAI: Ten of the world’s top development banks pledged to step up their climate efforts at the COP28 summit, yet...

Updated 03 Dec, 2023 10:47pm

World

50 oil and gas companies pledge to cut operational emissions

DUBAI: Fifty oil and gas companies representing 40 percent of global production pledged to decarbonise their...

Published 03 Dec, 2023 02:59am

World

117 countries agree to triple renewable energy, to push out fossil fuels: COP28

DUBAI: Some 117 governments pledged to triple the world’s renewable energy capacity by 2030 at the U.N.‘s COP28...

Updated 02 Dec, 2023 06:59pm

Pakistan

COP28 should deliver with actions, says caretaker PM Kakar

Caretaker Prime Minister Anwaar-ul-Haq Kakar on Saturday said Pakistan expects “COP28 to deliver with actions not...

Updated 02 Dec, 2023 11:02pm

World

Countries to promise clean energy boost at COP28 to push out fossil fuels

DUBAI: Governments lined up a slew of energy announcements on Saturday at the U.N. climate summit in Dubai, where...

Published 02 Dec, 2023 02:04pm

World

On COP28 sidelines, philanthropies invest $450 million to help tackle methane

DUBAI: Nearly a dozen deep-pocketed philanthropies announced on Saturday they will invest $450 million over the next...

Published 02 Dec, 2023 10:30am

Pakistan

PM joins world leaders to discuss climate actions

DUBAI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday held informal interactions with multiple world ...

Published 02 Dec, 2023 05:09am

Markets

Big Oil, heavy industry discuss emission curbs ahead of COP28

ABU DHABI: Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday in the United Arab...

Published 02 Oct, 2023 10:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8 ▲ 0.89 (12.52%)
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%)
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%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
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%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-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%)
Fazal Cloth / Dec 18 Fazal Cloth Mills Limited(FZCM)	163 ▼ -16.55 (-9.22%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.14
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.10
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.47
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.00
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.82
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.17
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.09
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.62
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.22

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