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 / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Petrol/Litre / Jun 20	258.43
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Diesel/Litre / Jun 20	262.59
Cotton US¢/pound / Jun 20	66.53

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)
Zahid Jee Textile / Jun 20 Zahidjee Textile Mills Limited(ZAHID)	43.66 ▲ 3.97 (10%)
J.A.Textile / Jun 20 J.A. Textile Mills Limited(JATM)	29.18 ▲ 2.65 (9.99%)
Shahzad Tex. / Jun 20 Shahzad Textile Mills Limited(SZTM)	46.57 ▲ 4.23 (9.99%)
Service Textile / Jun 20 Service Industries Textiles Limited(SERT)	23.80 ▲ 2.16 (9.98%)
Chenab Ltd (Pref) / Jun 20 Chenab Limited (Pref)(CLCPS)	3.34 ▲ 0.3 (9.87%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)
Orient Rental / Jun 20 Orient Rental Mod(ORM)	9.40 ▼ -0.7 (-6.93%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	181 ▼ -11.29 (-5.87%)
Kohat Textile / Jun 20 Kohat Textile Mills Limited(KOHTM)	92.18 ▼ -4.82 (-4.97%)
Biafo Ind. / Jun 20 Biafo Industries Limited(BIFO)	163.55 ▼ -8.46 (-4.92%)
Sapphire Textile / Jun 20 Sapphire Textile Mills Limited(SAPT)	1,105 ▼ -45 (-3.91%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	279,001 ▲ 0.13
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	232,709 ▲ 1
PIA Holding Co.Ltd / Jun 20 PIA Holding Company Limited(PIAHCLA)	187,358 ▲ 0.5
Bunnys Limited / Jun 20 Bunnys Limited(BNL)	184,782 ▲ 2
Crescent Textile / Jun 20 The Crescent Textile Mills Limited(CRTM)	148,384 ▲ 0.54

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