Trends - climate change - Business Recorder

climate change

Biden cranks up US ambition as summit lifts climate hopes

Britain in November will host a UN conference in Glasgow that aims to upgrade the 2015 Paris Agreement.

Published 22 Apr, 2021 04:21pm

World

Putin vows Russia will fight climate change

He also called on Russia to "create an industry for the utilisation of carbon emissions".

Published 21 Apr, 2021 03:42pm

Markets

India may build new coal plants due to low cost despite climate change

CHENNAI: India may build new coal-fired power plants as they generate the cheapest power, according to a draft...

Published 21 Apr, 2021 03:21am

Technology

HP commits to reducing its emissions by half this decade

HP has pledged to reduce its greenhouse gas emissions by half during this decade.
The company hopes to reach net zero emissions by 2040 and push its suppliers towards more environment-friendly practices as well.

Updated 20 Apr, 2021 08:29pm

Pakistan

Islamabad infrastructure needs improvement: PM

ISLAMABAD: Addressing the groundbreaking ceremony of the Margalla Highway here on Monday, the Prime Minister said...

Updated 20 Apr, 2021 10:08am

World running out of time to tackle climate crisis: UN

GENEVA: 2021 must be the year of action for protecting people against the "disastrous" effects of climate change, ...

Published 20 Apr, 2021 03:59am

Business & Finance

US Treasury creates climate hub to coordinate tax, economic policy

WASHINGTON: US Treasury Secretary Janet Yellen announced on Monday the creation of a new climate office to oversee...

Updated 20 Apr, 2021 10:02am

Pakistan

Govt taking actions against mafias without discrimination: Zartaj

Zartaj Gul said former Prime Minister Nawaz Sharif being an absconder should come back the country to face corruption cases instead of enjoying luxurious lives in London.

Updated 19 Apr, 2021 10:38pm

Opinion

Clean crude? Oil firms use offsets to claim green barrels

In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a...

Published 17 Apr, 2021 03:28am

Pakistan

Food to growing population: Call for developing sustainable agriculture

HYDERABAD: Researchers in the agriculture sector on Wednesday raised a question about how it could be possible for...

Published 15 Apr, 2021 03:22am

Business & Finance

In world first, NZ to make banks report climate impact

WELLINGTON: New Zealand will force banks to reveal the impact their investments have on climate change under...

Updated 15 Apr, 2021 10:07am

Pakistan

Slum dwellers map flood risks to stop evictions

KARACHI: Slum dwellers in Karachi have stopped the demolition of thousands of homes by mapping flood risks from...

Updated 13 Apr, 2021 09:33am

Pakistan

Climate change: PM invites Bill Gates to work together

ISLAMABAD: Prime Minister Imran Khan has written a letter to Microsoft co-founder Bill Gates and invited him to work...

Published 12 Apr, 2021 03:59am

Pakistan

Wheat, sugar being sold at subsidized rate: Zartaj Gull

The NAB following the vision of Prime Minister Imran Khan was conducting inquiry against the political leaders without any discrimination, she added.

Updated 09 Apr, 2021 12:07am

Business & Finance

BlackRock's Fink wants more sustainability data from private cos

"If large private companies are not held to the same level of scrutiny as public companies, we will create an unintended incentive to shift carbon-intensive assets to markets with less transparency and, often, less regulation," Fink wrote.
Fink's language was more specific than in a January memo in which he said climate disclosures "should be embraced" by large private companies.

Published 07 Apr, 2021 06:49pm

World

Researchers develop 'roboplants' to detect abnormalities in crops

Scientists say the hi-tech system will prove useful as crops face increasing threats from climate change
With the use of this technology, farmers will be able to find out when a disease is in progress, even before full-blown symptoms appear on the crops

Updated 06 Apr, 2021 01:34pm

World

Kerry: US 'hopeful' it can work with China to tackle climate change

Sino-US relations have been strained in recent years by disagreements about trade, China's treatment of its Uighur minority, as well as China's actions in Taiwan and Hong Kong.
Kerry said the countries would discuss how to reduce a reliance on coal, as well as how to "raise ambitions" on climate change ahead of November's conference.

Published 03 Apr, 2021 09:26pm

World

PM Khan 'puzzled' at the cacophony over Pakistan's exclusion from Biden's climate conference

On Saturday, Prime Minister Imran Khan stated that he was puzzled that Pakistan was not invited to the Leaders Summit on Climate in the United States.
The premier mentioned that his government's "environment policies are driven solely” by its commitment to mitigate the impact of climate change for future generations.

Updated 03 Apr, 2021 04:40pm

World

Europe’s heat and drought crop losses tripled in 50 years

PARIS: The severity of crop losses driven by heat waves and drought have tripled in the last fifty years in Europe,...

Published 03 Apr, 2021 03:41am

Kerry to skip Pakistan in his trip

ISLAMABAD: The US president’s special envoy for climate, John Kerry would skip Pakistan in his trip to the region,...

Published 02 Apr, 2021 04:58am

Business & Finance

World Bank revises climate policy but stops short of halting fossil fuel funding

WASHINGTON/BRUSSELS: A revised World Bank policy on climate change commits to making financing decisions in line ...

Published 02 Apr, 2021 04:58am

Pakistan

World must support Pakistan to control climate change: Malik Amin

He said Pakistan wanted to be a part or contributing for solution of the issue as UNEP considered the country as a host for World Environment Day 2021.

Published 01 Apr, 2021 07:13pm

World

U.S. envoy Kerry heads to India to try and lift 'climate ambition'

Prime Minister Narendra Modi’s government is facing calls from the United States and Britain to commit India to a net zero emissions target by 2050
Kerry will also visit the United Arab Emirates and Bangladesh, which experts say is especially vulnerable to climate change

Published 01 Apr, 2021 01:55pm

PM seeks ‘climate finance’ for Pakistan

ISLAMABAD: Prime Minister Imran Khan on Wedn-esday called upon the major econ-omies to pursue a holistic approach...

Published 01 Apr, 2021 04:10am

Pakistan

Holistic approach, financial commitments needed to tackle climate change, says PM

In an article published in The Times, Imran pointed towards the risks Pakistan is facing due to climate change
PM had stated at WEF's strategic dialogue that climate change is one of the defining global challenges faced by our generation and it has far-reaching adverse economic and social impacts

Updated 31 Mar, 2021 02:40pm

World

Saudi Arabia unveils campaign to tackle climate change

RIYADH: Top crude exporter Saudi Arabia on Saturday unveiled a sweeping campaign to tackle climate change and reduce...

Published 30 Mar, 2021 05:45am

World

Canada's top court upholds pillar of Trudeau's plan to fight climate change

Noting that climate change is a threat to the country as a whole, the country's top court upheld the legality of the Greenhouse Gas Pollution Pricing Act, which had been challenged by the provinces of Alberta, Saskatchewan and Ontario.
"Parliament has jurisdiction to enact this law as a matter of national concern," Chief Justice Richard Wagner wrote in the ruling.

Updated 25 Mar, 2021 07:34pm

World

Warming drives ‘fundamental’ changes to ocean, scientists warn

PARIS: Climate change has wrought major changes to ocean stability faster than previously thought, according to a...

Published 25 Mar, 2021 05:08am

World

Anger as UK fails to rule out further North Sea drilling

LONDON: The British government on Wednesday angered environmentalists by saying it could license further oil and gas...

Published 25 Mar, 2021 05:08am

Messages on 81st Pakistan Resolution Day: Xi says CPEC has entered ‘high quality’ phase of development

• Biden says US looks forward to cement partnership with Pakistan ISLAMABAD: US Pres-ident Joe Biden, Chinese...

Published 24 Mar, 2021 05:10am

Gainers
Losers
Leaders

Stock	Price
Unicap Modaraba / Aug 17 Unicap Modaraba(UCAPM)	2.75 ▲ 0.74 (36.82%)
P.I.A.C.(A) / Aug 17 Pakistan International Airlines Corp(PIAA)	5.18 ▲ 1.00 (23.92%)
Trust Mod. / Aug 17 Trust Modaraba(TRSM)	2.20 ▲ 0.30 (15.79%)
K-Electric Ltd. / Aug 17 K-Electric Limited(KEL)	3.74 ▲ 0.44 (13.33%)
Ist.Dawood Bank / Aug 17 First Dawood Investment Bank Limited(FDIBL)	2.63 ▲ 0.29 (12.39%)
First AL-Noor Mod. / Aug 17 First Al-Noor Modaraba(FANM)	3.99 ▲ 0.39 (10.83%)
P.T.C.L. / Aug 17 Pakistan Telecommunication Company Ltd(PTC)	7.86 ▲ 0.69 (9.62%)
JS Investments / Aug 17 JS Investments Limited(JSIL)	12.49 ▲ 0.99 (8.61%)
Shadman Cotton / Aug 17 Shadman Cotton Mills Limited(SHCM)	12.98 ▲ 0.98 (8.17%)
Kohat Textile / Aug 17 Kohat Textile Mills Limited(KOHTM)	17.20 ▲ 1.20 (7.50%)

Stock	Price
Dewan Textile / Aug 17 Dewan Textile Mills Limited(DWTM)	2.50 ▲ -0.63 (-20.13%)
Power Cem(Pref) / Aug 17 Power Cement (Pref)(POWERPS)	6.60 ▲ -1.00 (-13.16%)
First Fid. Leasing / Aug 17 First Fidelity Leasing Modaraba(FFLM)	2.40 ▲ -0.33 (-12.09%)
Popular Islamic / Aug 17 Popular Islamic Modaraba(PIM)	8.51 ▲ -0.99 (-10.42%)
First Pak Mod. / Aug 17 First Pak Modaraba(PAKMI)	2.50 ▲ -0.24 (-8.76%)
Ruby Tex. / Aug 17 Ruby Textile Mills Limited(RUBY)	4.11 ▲ -0.39 (-8.67%)
Al-Khair Gadoon / Aug 17 Al-Khair Gadoon Limited(AKGL)	33.30 ▲ -2.70 (-7.50%)
Sana Ind / Aug 17 Sana Industries Limited(SNAI)	55.50 ▲ -4.50 (-7.50%)
Pak Hotels / Aug 17 Pakistan Hotels Developers Limited(PHDL)	124.93 ▲ -10.12 (-7.49%)
Data Agro / Aug 17 Data Agro Limited(DAAG)	17.94 ▲ -1.45 (-7.48%)

Stock	Volume
K-Electric Ltd. / Aug 17 K-Electric Limited(KEL)	208,678,500 ▼ 0.00
WorldCall Telecom / Aug 17 Worldcall Telecom Limited(WTL)	53,179,000 ▼ 0.00
Hascol Petrol / Aug 17 Hascol Petroleum Limited(HASCOL)	48,184,500 ▼ 0.00
P.I.A.C.(A) / Aug 17 Pakistan International Airlines Corp(PIAA)	17,433,500 ▼ 0.00
Flying Cement / Aug 17 Flying Cement Company Limited(FLYNG)	15,802,000 ▼ 0.00
Nishat ChunPow / Aug 17 Nishat Chunian Power Limited(NCPL)	15,194,000 ▼ 0.00
P.T.C.L. / Aug 17 Pakistan Telecommunication Company Ltd(PTC)	14,051,500 ▼ 0.00
Cnergyico PK / Aug 17 Cnergyico PK Limited(CNERGY)	13,612,363 ▼ 0.00
Telecard Limited / Aug 17 Telecard Limited(TELE)	12,487,500 ▼ 0.00
Unity Foods Ltd / Aug 17 Unity Foods Limited(UNITY)	11,906,449 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 16	214.40
USD PKR Interbank Buying / Aug 16	213.90
USD to Japanese Yen / Aug 16	134.09
USD to Swiss Franc / Aug 16	0.95
Pound Sterling to USD / Aug 16	1.21
Euro to USD / Aug 16	1.02
UK LIBOR % / Aug 16	2.32

Stock	Volume
S&P 500 / Aug 16	4305.20
India Sensex / Aug 16	59842.21
Tokyo Nikkei / Aug 16	29092.21
Nasdaq / Aug 16	13102.55
Hang Seng / Aug 16	19873.59
FTSE 100 / Aug 16	7536.06
Dow Jones / Aug 16	34152.01
Germany DAX 30 / Aug 16	13910.12
France CAC40 / Aug 16	6592.58

Item	Value
Crude Oil USD/Barrel / Aug 16	86.92
Karachi Cotton PKR/37.32 KG / Aug 16	18735.00
Gold 10 Grams PKR / Aug 16	122300.00
Gold Spot USD/Ounce / Aug 16	1776.12
Cotton US¢/pound / Aug 16	116.30

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