Trends - COP28 - Business Recorder

COP28

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

COP28 pledges so far not enough to limit warming to 1.5C: IEA

DUBAI: A raft of new pledges announced at the COP28 climate summit - from tripling renewables to reining in methane...

Updated 10 Dec, 2023 09:53pm

World

No ‘single solution’ for energy transition: OPEC chief

DUBAI: The OPEC oil cartel said Saturday there was no “single solution” to the energy transition as pressure...

Published 10 Dec, 2023 03:33am

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

Spanish minister slams ‘disgusting’ OPEC push on fossil fuels

DUBAI: Spanish ecology transition minister Teresa Ribera lashed out Saturday at an OPEC bid to block any phase-out...

Published 09 Dec, 2023 12:43pm

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

Pakistan

COP28 Pak Pavilion in Dubai: Sherry urges early action, accountability to address challenge of climate change

ISLAMABAD: Senator Sherry Rehman on Friday delivered an address at the COP28 Pakistan Pavilion in Dubai, urging...

Published 09 Dec, 2023 05:46am

Opinion

Serious efforts at last!

As winter sets in and major cities in the country are engulfed with fog and smog with related diseases figures sky...

Published 09 Dec, 2023 05:46am

Markets

OPEC chief urges members to reject any COP28 deal that targets fossil fuels

DUBAI: OPEC Secretary General Haitham Al Ghais has urged OPEC+ members to reject proposals for any text under...

Published 09 Dec, 2023 05:46am

World

COP28 president tells nations to get out of ‘comfort zones’ in search of final deal

DUBAI: COP28 President Sultan al-Jaber told nations gathered in Dubai for climate talks to get out of their comfort...

Published 08 Dec, 2023 12:15pm

BR Research

Interview with Amir Paracha – President, Overseas Investors Chamber of Commerce & Industry (OICCI)

‘Inclusive climate finance and promoting green financing tools in Pakistan’ Amir Paracha is the President of...

Published 08 Dec, 2023 08:45am

Pakistan

PM announces $77.8m ‘Recharge Pakistan’ at COP28

DUBAI: In a historic announcement at the COP28 summit in Dubai, United Arab Emirates, the Prime Minister of Pakistan...

Published 08 Dec, 2023 05:20am

Opinion

Important climate finance issues at COP28

The world is faced with not only the existential threat of climate change crisis, but the impact it is producing in...

Published 08 Dec, 2023 05:20am

Markets

OGDCL, PPL and GHPL sign Decarbonisation Charter at COP28

ISLAMABAD: In a significant stride towards sustainable energy practices, Pakistan’s leading Exploration and...

Published 08 Dec, 2023 05:20am

World

Moldova volunteers to run COP29 climate summit, Serbia also mulls bid

DUBAI: Moldova has put itself forward as a candidate for the presidency of next year’s UN climate summit and Serbia...

Published 07 Dec, 2023 12:46pm

World

UN slams COP28 ‘posturing’ as fossil fuel debate sizzles

DUBAI: UN climate chief Simon Stiell on Wednesday accused nations of “posturing” at the COP28 talks in Dubai,...

Published 07 Dec, 2023 04:35am

Editorials

‘Recharge Pakistan’

EDITORIAL: Perhaps the most important part of caretaker Prime Minister Anwaarul Haq Kakar’s speech – when he...

Published 07 Dec, 2023 04:35am

World

COP28 must mark ‘beginning of the end’ of fossil fuels: EU

DUBAI: The UN’s COP28 talks in Dubai must “mark the beginning of the end” of fossil fuels, the European Union’s...

Published 06 Dec, 2023 05:17pm

World

UN climate chief slams ‘posturing’ in COP28 talks

DUBAI: UN climate chief Simon Stiell accused nations of “posturing” at the COP28 talks in Dubai on Wednesday and...

Published 06 Dec, 2023 03:07pm

World

2023 to be hottest year on record after ‘extraordinary’ November

PARIS: This year will be the hottest in recorded history after an “extraordinary” November became the sixth...

Published 06 Dec, 2023 12:52pm

World

COP28 fossil fuel battle hardens

DUBAI: Battle lines on fossil fuels hardened at UN climate talks on Tuesday despite scientists warning that global...

Published 06 Dec, 2023 04:27am

World

COP28 draft agreement includes option to do nothing on fossil fuels

DUBAI: The UN released the latest draft of a global climate agreement on Tuesday presenting all options on fossil...

Published 05 Dec, 2023 04:31pm

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

Markets

Saudi Arabia says ‘absolutely not’ to oil phase down at COP28

DUBAI: Saudi Arabia’s energy minister has slammed the door shut to agreeing to phase down fossil fuels at the UN’s...

Published 05 Dec, 2023 04:22pm

Business & Finance

Global CO2 emissions from fossil fuels to hit record high in 2023

DUBAI: Global carbon dioxide emissions from burning fossil fuels are set to hit a record high this year,...

Published 05 Dec, 2023 11:41am

World

Record more than 2,000 fossil fuel lobbyists at COP28 talks: NGOs

PARIS: A record almost 2,500 fossil fuel lobbyists have been accredited for UN climate talks in Dubai, as...

Published 05 Dec, 2023 10:26am

World

Climate finance in the spotlight at COP28 climate talks

DUBAI: Money pledges stacked up at COP28 in Dubai on Monday as delegates sought to address the huge gap between what...

Published 05 Dec, 2023 03:01am

Pakistan

Minister meets Tajikistan counterpart on sidelines of COP28

ISLAMABAD: On the sidelines of the COP28, Minister for Energy Muhammad Ali held a meeting with Minister for Energy ...

Published 05 Dec, 2023 03:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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