ECB’s Holzmann Says Rate Cut in Second Quarter Would be Too Soon
The European Central Bank won’t cut interest rates in the second quarter, Governing Council member Robert Holzmann said,
2023-11-17 19:17
India Financial Stocks Slump on RBI’s ‘Draconian’ Loan Rules
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2023-11-17 18:57
Europe’s Banks to Focus on Cost Cuts as Rates-Driven Boom Fades
European lenders are set to focus more on cost savings in 2024, as benefits from rising interest rates
2023-11-17 18:54
Iceland volcano – live: Eruption likely scientists warn as country’s ‘biggest bulldozer’ builds defences
A volcanic eruption could destroy the Icelandic town of Grindavik or lead to extensive ash clouds, experts have warned. The country has been shaken by more than 800 small earthquakes, prompting fears that the tremors could disrupt the Fagradalsfjall volcano on the Reykjanes peninsula in the southwest of the country. Scientists have said an eruption at some point is ‘likely’. It comes as a Caterpillar D11 - said to be Iceland’s biggest bulldozer - has been dispatched to help build defences. The huge piece of equipment is constructing trenches to reduce the damage caused by any eventual disaster. Almost 4,000 people were evacuated from Grindavik over the weekend as authorities feared that molten rock would rise to the surface of the earth and potentially hit the coastal town and a geothermal power station. Ragga Agustsdottir, who lives close to Grindavik, said residents were fearful of what could happen if an eruption struck. Scientists have warned Iceland’s south-western peninsula could face “decades” of volcanic instability following eruptions along the peninsula. Read More Biggest volcanic eruptions in the last 10 years as Iceland town faces devastation ‘It’s like a dystopian movie’: Iceland residents describe ‘apocalyptic’ scenes as they flee volcano threat Iceland earthquakes: Are flights still running amid fears of volcano eruption? Is it safe to travel to Iceland? Your rights if you have a holiday booked
2023-11-17 18:52
Bouncy castle tragedy: Firm charged after six children killed
Wind gusts blew away a castle during a primary school fair in Tasmania, Australia, almost two years ago.
2023-11-17 18:52
Boeing Is at Risk for Still More Delays — and Losses — for Costly Air Force One Planes
The US Air Force is reevaluating the schedule for delivery of the two new planes for the presidential
2023-11-17 18:50
Kenya's President Ruto one of four Africans on Time climate leaders list
Time magazine honoured Mr Ruto and three other Africans for their work in fighting climate change.
2023-11-17 18:46
Traders Bet on ECB Rate Cuts Next Year
Europe’s sputtering economy is causing traders to bet on a faster pace of interest rate cuts next year.
2023-11-17 18:25
Myanmar: Eight children killed in military strike on school in Chin State
Insurgents have fought elsewhere in Chin State but not in the village targeted by the army on Wednesday.
2023-11-17 18:21
More than 240 Rohingya refugees afloat off Indonesia after they are twice refused by residents
Some 240 Rohingya Muslims, including women and children, are afloat off the coast of Indonesia after two attempts to land were rejected by local residents
2023-11-17 17:46
Water valve cover on Las Vegas Grand Prix course halts first practice of the weekend
The first Formula One practice of the Las Vegas Grand Prix was called off less than 21 minutes into Thursday night’s session after Carlos Sainz Jr. ran over a drainage cover
2023-11-17 17:46
Alibaba Plunges $20 Billion as Chip War Prompts Breakup Rethink
An escalating fight between the US and China for technological dominance has triggered one of the most stunning
2023-11-17 17:46