OPEC+ Meets With Aim of Resolving Deadlock on Production Cuts
OPEC+ meets on Thursday as the group seeks to resolve a deadlock on oil quotas and considers further
2023-11-30 16:57
Traders Fully Price ECB Rate Cut in April as Inflation Eases
Traders are betting on an ever-earlier start to European Central Bank interest-rate cuts next year after surprisingly low
2023-11-30 16:55
Germany Ordered by Court to Set up New Climate Action Plan
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2023-11-30 16:52
Iceland volcano – live: 120 earthquakes strike as Grindavik anticipate imminent eruption
Around 120 earthquakes have rocked the areas surrounding the town of Grindavik as they await a likely eruption, report the Icelandic Met Office. It comes as the exact location for an eruption has been revealed by the Icelandic Met Office, which says it “is still considered likely”. Experts at the Icelandic Met Office have issued a key update after a study of data from GPS stations and satellite images showed an “uplift” continues in the area of Svartsengi, north of Grindavík. The Met Office stated that the eruption is “still considered likely as the magma inflow continues”, adding that “the highest likelihood for an eruption is in the middle part of the dike between Hagafell and Sýlingarfell”. Earthquake activity has also led to the deepening of the port at Grindavik, according to RUV. The change in depth is because of the earthquakes’ impact, said the port manager Sigurður Arnar Kristmundsson. He told RUV: “The docks seem to have sunk by 20-30 centimeters when we measured about 10 days ago and then there is a chance that, yes, the bottom has sunk accordingly.” A fortnight ago, Grindavik was evacuated after magma-induced seismic activity tore vast chasms through the streets. Read More What to do with Grindavík: Has Iceland’s #1 selfie spot just emerged out of the ground? Is it safe to travel to Iceland? Your rights if you have a holiday booked Inside the abandoned Iceland town left in limbo by a volcano
2023-11-30 16:18
Metro Bank to Cut Jobs, Review Branch Opening Hours in Cost Push
Metro Bank Holdings Plc said it expects to chop around 800 jobs and review its policy for keeping
2023-11-30 15:58
China Reviews Tariffs on Australian Wine for Possible Scrapping
The Chinese government has begun reviewing its tariffs on Australian wine, with Beijing likely to remove the taxes
2023-11-30 15:24
ASML Plans to Name New CEO as Current Heads Retire in 2024
ASML Holding NV plans to appoint Christophe Fouquet to the chief executive’s role when its two co-presidents retire
2023-11-30 15:15
China Investment Bank Bans Bearish Research, Wealth Displays
One of China’s largest investment banks has warned its analysts against making any bearish calls and to avoid
2023-11-30 14:55
Chinese Stocks Sit Out November’s Global Rally on Economic Woes
Stocks in mainland China have emerged as an outlier amid November’s global rally, with the market extending its
2023-11-30 14:53
Global Funds Favor Asia’s Higher Yielding Bonds Over Others
Higher-yielding Asian bonds are drawing more foreign inflows than their lower-yielding counterparts thanks to expectations of a Federal
2023-11-30 14:16
Renewables Are Likely to Be COP28 Bright Spot as 1.5C Hopes Fade
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2023-11-30 13:16
Philippine Regulators Move to Block Access to Binance Platform
The Philippines’ Securities and Exchange Commission will block crypto trading platform Binance from being accessed in the country,
2023-11-30 12:58