Trends - COP27 summit - Business Recorder

COP27 summit

COP27 does little for next month’s global agenda: nature loss

SHARM EL-SHEIKH: The U.N. climate talks in Egypt closed on Sunday with a resolution to address the dual crises of...

Published 21 Nov, 2022 06:17pm

COP27 summit cuts deal to fund climate damages

Delivers a major breakthrough on a fund for climate 'loss and damage'

Updated 21 Nov, 2022 09:51am

World

France regrets COP27’s ‘lack of ambition’ despite progress

PARIS: France on Sunday said it regretted the “lack of ambition” in the agreement reached at the COP27 climate...

Published 20 Nov, 2022 04:44pm

World

COP27 summit strikes historic deal to fund climate damages

SHARM EL SHEIKH: An often fraught UN climate summit wrapped up on Sunday with sweeping agreement on how to tackle...

Updated 20 Nov, 2022 04:17pm

World

COP27: China's climate envoy says expects cooperation with US to continue

SHARM EL-SHEIKH: China's top climate negotiator Xie Zhenhua said on Saturday he expects to continue direct...

Published 19 Nov, 2022 10:13pm

World

EU rejects ‘unacceptable’ emissions proposal at COP27

SHARM EL SHEIKH: The European Union on Saturday rejected as “unacceptable” a proposal from UN climate summit host...

Published 19 Nov, 2022 03:55pm

World

COP27 climate talks reach crunch time with big rifts remaining

SHARM EL-SHEIKH, (Egypt): UN Secretary-General Antonio Guterres urged world governments to “stand and deliver” a...

Published 18 Nov, 2022 05:53am

World

World hoped to crucify top oil supplier, Saudi says

SHARM EL SHEIKH: The world was hoping to crucify Saudi Arabia as a top oil exporter, its energy minister said on the...

Updated 11 Nov, 2022 11:13pm

Markets

Saudi oil minister says OPEC+ remains cautious on production

Saudi Arabia’s energy minister said OPEC+ will remain cautious on oil production, noting that members saw...

Published 11 Nov, 2022 09:30pm

World

Biden arrives in Egypt for COP27 climate crisis summit

SHARM EL SHEIKH: President Joe Biden arrived Friday in Egypt to attend the COP27 climate conference, with the White...

Published 11 Nov, 2022 08:05pm

Markets

Oman energy minister sees oil prices going down after winter

SHARM EL-SHEIKH: Oman's energy minister Salim al-Aufi said on Tuesday he saw oil prices coming down from the range ...

Published 08 Nov, 2022 10:15pm

World

COP27: UAE and Egypt agree to build one of world's biggest wind farms

SHARM EL-SHEIKH: The presidents of the United Arab Emirates (UAE) and Egypt witnessed the signing of an agreement on...

Updated 08 Nov, 2022 08:22pm

World

COP 27: World Bank will host facility for climate disaster risk

SHARM EL-SHEIKH: The World Bank will host a new facility that will help countries that suffer heavy economic loss...

Published 08 Nov, 2022 05:16pm

World

COP27: Big Oil must pay for climate change, poor nations tell rich

SHARM EL-SHEIKH: Leaders from poor countries criticized wealthy governments and oil companies for driving global...

Published 08 Nov, 2022 05:07pm

Pakistan

'Nature-based solutions' heart of Pakistan’s climate action agenda: PM Shehbaz

Speaking at COP27, PM says schemes will help reduce greenhouse gas emission and minimise losses and damage from climate change

Updated 08 Nov, 2022 02:52pm

World

IMF chief says $75/ton carbon needed by 2030

SHARM EL-SHEIKH, (Egypt): The price of carbon needs to average at least $75 a ton globally by the end of the decade...

Published 08 Nov, 2022 05:57am

PM vows to complete current IMF programme

CAIRO: Prime Minister Shehbaz Sharif said on Monday expressed the commitment to complete the current International...

Updated 08 Nov, 2022 09:46am

World risks ‘collective suicide’: UN chief

SHARM EL SHEIKH, (Egypt): UN chief Antonio Guterres warned world leaders at a climate summit in Egypt on Monday that...

Updated 08 Nov, 2022 09:39am

PM seeks debt relief, climate compensation

Speaks at the COP27 climate conference alongside UN Secretary-General Antonio Guterres

Updated 08 Nov, 2022 09:52am

World

Gates Foundation gives $1.4bn climate help to smallholder farmers

SHARM EL-SHEIKH: The Bill & Melinda Gates Foundation has pledged $1.4 billion to help smallholder farmers cope...

Published 07 Nov, 2022 06:38pm

Markets

UAE will remain oil and gas supplier as long as there is need

CAIRO: The United Arab Emirates will remain a supplier of oil and gas for “as long as the world is in need”, its...

Published 07 Nov, 2022 05:02pm

Pakistan

PM arrives in Egypt

SHARM EL-SHEIKH: Prime Minister Shehbaz Sharif on Sunday arrived here in Egypt to participate in the “Sharm...

Published 07 Nov, 2022 05:49am

COP27 kicks off

SHARM EL-SHEIKH, (Egypt): Delegates from nearly 200 countries kicked off the UN climate summit in Egypt on Sunday...

Updated 07 Nov, 2022 10:16am

World

Biden will attend COP27 climate summit: White House

WASHINGTON: US President Joe Biden will attend next month’s COP27 United Nations climate summit in Egypt, the White...

Published 29 Oct, 2022 10:28am

World

EU calls for ‘ambitious targets’ ahead of COP27 summit

LUXEMBOURG: The EU set out its position for the COP27 climate summit on Monday in a text that called for “ambitious...

Published 25 Oct, 2022 09:38am

World

EU to urge big polluters to toughen climate pledges by COP27 summit

BRUSSELS: The European Union will urge the world’s biggest economies to improve their targets to fight climate...

Published 25 Aug, 2022 02:44pm

World

Climate change compensation fight brews ahead of COP27 summit

BRUSSELS: Tensions are mounting ahead of this year’s UN climate summit, as vulnerable countries ramp up demands for...

Published 08 Aug, 2022 10:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 8	284.42
USD PKR Interbank Buying / Jul 8	284.22
USD to Japanese Yen / Jul 8	146.07
USD to Swiss Franc / Jul 8	0.80
Pound Sterling to USD / Jul 8	1.36
Euro to USD / Jul 8	1.17
UK LIBOR % / Jul 7	4.96

Stock	Volume
S&P 500 / Jul 7	6,229.98
Nasdaq / Jul 7	20,412.52
Dow Jones / Jul 7	44,406.36
India Sensex / Jul 8	83,401.44
Tokyo Nikkei / Jul 8	39,706.15
Hang Seng / Jul 8	24,040.70
FTSE 100 / Jul 8	8,815.84
Germany DAX 30 / Jul 8	24,080.71
France CAC40 / Jul 8	7,706.47

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 7	16,585
Gold 10 Grams PKR / Jul 7	304,640
Petrol/Litre / Jul 8	266.79
Crude Oil USD/Barrel / Jul 8	67.58
Gold Spot USD/Ounce / Jul 8	3,336.43
Diesel/Litre / Jul 8	272.98
Cotton US¢/pound / Jul 8	67.92

Gainers
Losers
Leaders

Stock	Price
TPL Trakker Ltd / Jul 8 TPL Trakker Limited(TPLT)	8.02 ▲ 1 (14.25%)
Habib Ins. / Jul 8 Habib Insurance Company Limited(HICL)	9.47 ▲ 1 (11.81%)
Invest Bank / Jul 8 Invest Capital Investment Bank Limited(ICIBL)	10.82 ▲ 1 (10.18%)
Pervez Ahmed Consultancy / Jul 8 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.04 ▲ 0.28 (10.14%)
Engro Poly(Pref / Jul 8 Engro Poly(Pref)(EPCLPS)	14.14 ▲ 1.29 (10.04%)
Ghani Chemworld / Jul 8 Ghani Chemworld Limited(GCWL)	14.36 ▲ 1.31 (10.04%)
First Treet Manuf / Jul 8 First Treet Manufacturing Modaraba(FTMM)	17.66 ▲ 1.61 (10.03%)
F.Credit & Inv / Jul 8 First Credit and Investment Bank Limited(FCIBL)	19.86 ▲ 1.81 (10.03%)
Haseeb Waqas / Jul 8 Haseeb Waqas Sugar Mills Limited(HWQS)	24.92 ▲ 2.27 (10.02%)
Zarea Ltd / Jul 8 Zarea Limited(ZAL)	23.82 ▲ 2.17 (10.02%)

Stock	Price
Shahtaj Sugar / Jul 8 Shahtaj Sugar Mills Limited(SHJS)	122.20 ▼ -13.55 (-9.98%)
PIA Holding Co.B / Jul 8 PIA Holding Company Limited B(PIAHCLB)	19,990 ▼ -1797.59 (-8.25%)
Beco Steel Ltd / Jul 8 Beco Steel Limited(BECO)	26.93 ▼ -2.32 (-7.93%)
First Tri-Star Mod. / Jul 8 First Tri-Star Modaraba(FTSM)	13.08 ▼ -1.11 (-7.82%)
Universal Ins. / Jul 8 The Universal Insurance Company Limited(UVIC)	10.50 ▼ -0.78 (-6.91%)
Nets Internat.Comm. / Jul 8 Nets International Communication Limited(GEMNETS)	28 ▼ -2 (-6.67%)
JS Bank Ltd / Jul 8 JS Bank Limited(JSBL)	13.91 ▼ -0.97 (-6.52%)
ECOPACK Ltd / Jul 8 Ecopack Limited(ECOP)	55 ▼ -3.7 (-6.3%)
Paramount Mod / Jul 8 First Paramount Modaraba(FPRM)	9 ▼ -0.6 (-6.25%)
Sardar Chemical / Jul 8 Sardar Chemical Industries Limited(SARC)	61.55 ▼ -3.95 (-6.03%)

Stock	Volume
TPL Properties / Jul 8 TPL Properties Limited(TPLP)	48,986,748 ▲ 0.32
WorldCall Telecom / Jul 8 Worldcall Telecom Limited(WTL)	40,942,711 ▲ 0.07
Sui South Gas / Jul 8 Sui Southern Gas Company Limited(SSGC)	25,933,442 ▲ 0.84
Ghani Global Holding / Jul 8 Ghani Global Holdings Limited(GGL)	25,525,115 ▲ 1.21
Invest Bank / Jul 8 Invest Capital Investment Bank Limited(ICIBL)	19,444,226 ▲ 1
Askari Bank / Jul 8 Askari Bank Limited(AKBL)	15,832,748 ▲ 3.93
Kohinoor Spining / Jul 8 Kohinoor Spinning Mills Limited(KOSM)	15,321,811 ▲ 0
Image Pakistan / Jul 8 Image Pakistan Limited(IMAGE)	15,042,471 ▼ -0.32
P.T.C.L. / Jul 8 Pakistan Telecommunication Company Ltd(PTC)	14,719,645 ▲ 1.55
Lotte Chemical / Jul 8 Lotte Chemical Pakistan Limited(LOTCHEM)	13,869,947 ▲ 0.7

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COP27 summit

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