Trends - COP28 - Business Recorder

COP28

Climate crisis demands collective action

The severe impacts of climate change are becoming more visible and alarming with each passing day. Wildfires in ...

Published 15 Jun, 2025 03:30am

World

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

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 9	146.94
USD to Swiss Franc / Jul 9	0.80
Pound Sterling to USD / Jul 9	1.36
Euro to USD / Jul 9	1.17
UK LIBOR % / Jul 8	4.96

Stock	Volume
S&P 500 / Jul 8	6,225.52
Nasdaq / Jul 8	20,418.46
Dow Jones / Jul 8	44,240.76
India Sensex / Jul 9	83,757.09
Tokyo Nikkei / Jul 9	39,795.58
Hang Seng / Jul 9	23,834.86
FTSE 100 / Jul 9	8,869.48
Germany DAX 30 / Jul 9	24,314.96
France CAC40 / Jul 9	7,801.25

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 8	16,585
Gold 10 Grams PKR / Jul 8	303,926
Petrol/Litre / Jul 9	266.79
Crude Oil USD/Barrel / Jul 9	68.13
Gold Spot USD/Ounce / Jul 9	3,290.62
Diesel/Litre / Jul 9	272.98
Cotton US¢/pound / Jul 9	67.40

Gainers
Losers
Leaders

Stock	Price
TPL Trakker Ltd / Jul 9 TPL Trakker Limited(TPLT)	9.02 ▲ 1 (12.47%)
Trust Mod. / Jul 9 Trust Modaraba(TRSM)	9.72 ▲ 1 (11.47%)
Habib Ins. / Jul 9 Habib Insurance Company Limited(HICL)	10.47 ▲ 1 (10.56%)
Kohinoor Energy / Jul 9 Kohinoor Energy Limited(KOHE)	21.18 ▲ 1.93 (10.03%)
First Treet Manuf / Jul 9 First Treet Manufacturing Modaraba(FTMM)	19.43 ▲ 1.77 (10.02%)
Kohinoor Mills / Jul 9 Kohinoor Mills Limited(KML)	82.01 ▲ 7.46 (10.01%)
Fazal Cloth / Jul 9 Fazal Cloth Mills Limited(FZCM)	321.85 ▲ 29.26 (10%)
Maqbool Tex. / Jul 9 Maqbool Textile Mills Limited(MQTM)	47.54 ▲ 4.32 (10%)
Hafiz Ltd. / Jul 9 Hafiz Limited(HAFL)	329.71 ▲ 29.97 (10%)
Shadman Cotton / Jul 9 Shadman Cotton Mills Limited(SHCM)	53.37 ▲ 4.85 (10%)

Stock	Price
Ideal Spinning / Jul 9 Ideal Spinning Mills Limited(IDSM)	27.54 ▼ -3.06 (-10%)
Alfalah ETF. / Jul 9 Alfalah Consumer Index ETF.(ACIETF)	15.94 ▼ -1.71 (-9.69%)
Apna Microfin. / Jul 9 Apna Microfinance Bank Limited(AMBL)	14.22 ▼ -1.07 (-7%)
Hala Enterprise / Jul 9 Hala Enterprises Limited(HAEL)	25.50 ▼ -1.42 (-5.27%)
Elahi Cotton / Jul 9 Elahi Cotton Mills Limited(ELCM)	127 ▼ -6.87 (-5.13%)
Zephyr Textile / Jul 9 Zephyr Textiles Limited(ZTL)	16.65 ▼ -0.88 (-5.02%)
Paramount Mod / Jul 9 First Paramount Modaraba(FPRM)	9 ▼ -0.45 (-4.76%)
Sardar Chemical / Jul 9 Sardar Chemical Industries Limited(SARC)	61.10 ▼ -2.93 (-4.58%)
Mughal Energy / Jul 9 Mughal Energy Limited(GEM)(GEMMEL)	22 ▼ -1 (-4.35%)
Trust Sec.& Brok. / Jul 9 Trust Securities & Brokerage Limited(TSBL)	11.50 ▼ -0.5 (-4.17%)

Stock	Volume
TPL Properties / Jul 9 TPL Properties Limited(TPLP)	59,778,763 ▲ 0.11
Kohinoor Spining / Jul 9 Kohinoor Spinning Mills Limited(KOSM)	48,900,561 ▲ 0.23
Treet Battery / Jul 9 Treet Battery Limited(TBL)	34,222,942 ▲ 0.98
Hascol Petrol / Jul 9 Hascol Petroleum Limited(HASCOL)	28,073,411 ▲ 0.01
PIA Holding Co.Ltd / Jul 9 PIA Holding Company Limited(PIAHCLA)	27,783,826 ▲ 1.62
WorldCall Telecom / Jul 9 Worldcall Telecom Limited(WTL)	23,795,595 ▲ 0
Dewan Cement / Jul 9 Dewan Cement Limited(DCL)	22,293,323 ▲ 0.71
Image Pakistan / Jul 9 Image Pakistan Limited(IMAGE)	16,169,954 ▼ -0.32
Pervez Ahmed Consultancy / Jul 9 Pervez Ahmed Consultancy Services Ltd.(PASL)	15,533,853 ▲ 0.16
Treet Corp / Jul 9 Treet Corporation Limited(TREET)	15,517,239 ▲ 0.64

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