
Euro zone corporate lending contracts as economy shrinks: ECB data
FRANKFURT Lending to euro zone firms dipped into negative territory for the first time since 2015, data from
1970-01-01 08:00

Philippines Eyes Civilian Sail, More South China Sea Patrols
The Philippines has allowed civilians to sail in the South China Sea and is planning more joint patrols
1970-01-01 08:00

Iceland volcano – live: Almost 100 earthquakes strike in seismic swarm during eruption fears
Almost 100 earthquakes shook Iceland from midnight today, as the country remains apprehensive about an imminent eruption. The strongest earthquake with a magnitude of 3.35 hit Vatnafjoll in South Iceland this morning at 5.56am, report the Icelandic Met Office. Yesterday night a seismic swarm started around the dike intrusion just north of the evacuated town of Grindavik. The Icelandic Met Office continues to warn of the “persistent likelihood of an imminent eruption”. In its latest update, the forecaster said there were around 100 earthquakes on Monday, with a “swarm” near the town which lasted just over an hour before midnight. A fortnight ago, Grindavik was evacuated after magma-induced seismic activity tore vast chasms through the streets of the town. While hundreds of earthquakes are still hitting the surrounding area daily, “seismic activity continues to decrease”, said the Icelandic Met Office, adding: “The likelihood of an imminent volcanic eruption diminishes with time.” However, one civil protection official told theThe Independent “It is still dangerous here ... I have never seen anything like it before. Usually we will have a few minutes warning to get out, but with the weather like it is today, we have even less.” 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 Every resident of an Icelandic town was evacuated due to a volcano. Daring rescuers went back to save the pets
1970-01-01 08:00

Taiwan Cuts 2023 Growth Outlook to Lowest Since Financial Crisis
Taiwan cut its growth forecast for this year to the slowest pace since the global financial crisis in
1970-01-01 08:00

UK Inflation More Home-Grown, Says BOE Deputy Governor
UK inflation is becoming more “home-grown” and will be “challenging to squeeze out of the system,” according to
1970-01-01 08:00

India Rescuers Break Through Collapsed Tunnel Rubble, PTI Says
Indian rescuers have completed drilling through the rubble in the collapsed tunnel in the Himalayan state of Uttarakhand
1970-01-01 08:00

China food delivery firm Meituan's Q3 revenue beats estimates
By Casey Hall SHANGHAI (Reuters) -China's Meituan posted a bigger-than-expected 22.1% rise in third-quarter revenue on Tuesday, as the country's
1970-01-01 08:00

UK Development Bank Weighs Investment in Africa Gas Projects
UK development bank British International Investment is still willing to consider funding energy projects in Africa that run
1970-01-01 08:00

Meituan Posts Third Straight Profit After Chinese Travel Grew
Meituan recorded a third straight quarter of profit, after strong travel demand helped the food delivery giant defy
1970-01-01 08:00

Kenya Abandons Eurobond Plan in Change of Funding Strategy
Kenya has dropped plans to tap international capital markets this fiscal year due to the high cost of
1970-01-01 08:00

Rolls-Royce Plans Higher Cash Flow as CEO Pushes Efficiency
Rolls-Royce Holdings Plc set ambitious medium-term targets of higher cash flow and return on capital as Chief Executive
1970-01-01 08:00

Past Lives scoops top prize at Gotham Awards
'Past Lives' writer-director Celine Song told how it was an "honour" after the movie scooped the Best Feature prize at the Gotham Awards on Monday night (27.11.23).
1970-01-01 08:00