
Defying Pope's calls for climate action, US Catholic bishops cling to fossil fuels
By Richard Valdmanis Hundreds of Catholic institutions around the globe have announced plans to divest their finances of
1970-01-01 08:00

Global Bonds Surge Toward Best Month Since 2008 Financial Crisis
Global bonds are soaring at the fastest pace since the 2008 financial crisis. A Bloomberg gauge of global
1970-01-01 08:00

Eddie Howe ‘hugely frustrated’ as Newcastle denied win by controversial penalty
Eddie Howe was left fuming after Paris St Germain denied Newcastle a priceless Champions League victory with a controversial stoppage-time penalty. The Magpies were heading for a famous 1-0 win at the Parc des Princes until Polish referee Szymon Marciniak awarded a spot-kick against Tino Livramento after a VAR review, allowing Kylian Mbappe to level in the eighth and final minute of added time. Howe, who said in a television interview that the official had been placed under “extreme” pressure by the PSG players, labelled a decision which cost his side two precious points “poor” in his post-match press conference. Asked if he felt a sense of injustice, the Newcastle boss said: “Yes, I do. It wasn’t the right decision in my opinion. “There are so many things to take into account at that moment, the speed first. It was a ricochet that when it is slowed down, looks completely different to the live event. “The ball hits his chest first, comes up and hits his hand. But his hand is not in an unnatural position, they [his hands] are down by his side, but he is in a running motion. “I feel it is a poor decision and it’s hugely frustrating for us as you know how little time there is left in the game. There is nothing we can do about it now.” The pivotal moment arrived in the fifth minute of stoppage time when Ousmane Dembele attempted to deliver the ball across the Newcastle penalty area and saw it hit Livramento’s side and rear up on to the underside of his arm. Mr Marciniak, who had earlier seen decisions not to award spot-kicks for an Anthony Gordon challenge on Achraf Hakimi and a shout for handball against teenager midfielder Lewis Miley upheld, was advised to review the incident and this time decided to award the penalty. The Magpies, who had taken a 24th-minute lead through Alexander Isak, defended it for grim life until the last-gasp controversy, although they needed Pope to be at his brilliant best on several occasions. They now need to beat AC Milan at home on December 13 and hope PSG do not win away to Borussia Dortmund to progress. Asked if that was something to cling on to, Howe, who celebrates his 46th birthday on Wednesday, said: “Yes, I think that’s absolutely right. In the next couple of days, that will become more relevant in our thoughts, I think. “When the draw came out, it was the ‘group of death’ and I don’t think many people gave us a chance of qualifying from it and sitting here now, I’m a little bit frustrated that it’s not in our hands because when I look back at the two Dortmund games, I felt we could have done better in those matches. “I don’t think it’s the time for that, I think it’s probably a time to be positive and to say that if we can beat Milan, then good things can happen from it.” For PSG boss Luis Enrique, there was a mixture of relief and frustration on a night when his side created a host of chances but were unable to take any of them until Mbappe’s late intervention. Enrique said: “Without a doubt, we played a very great game. We deserved to win. We played better than Newcastle. The result does not reflect what happened on the pitch. “It’s not basketball. We are one of the teams in Europe that scores the most. Sometimes the ball doesn’t want to go in. “Sometimes the game looked like table tennis. I couldn’t believe we couldn’t score, but we carried on despite the frustration.” Read More On this day in 2015: Great Britain end long wait for Davis Cup win Deloitte predicts global revenues for women’s elite sport will top £1bn in 2024 Alan Shearer blasts ‘disgusting’ penalty as Newcastle denied win in Paris First half was the worst I’ve seen us – Phil Foden savours thrilling fightback Beth Mead ‘smiling like a Cheshire cat’ on England return Rodrigo Bentancur set to be out until February after tearing an ankle ligament
1970-01-01 08:00

Manulife Sees BOJ Avoiding Rate Increases as Global Growth Slows
The Bank of Japan is likely to refrain from raising interest rates in the coming year as the
1970-01-01 08:00

SocGen Downgrades India And Indonesia Stocks on Election Risks
India and Indonesia stocks have potential downside due to uncertainty ahead of their national elections next year, Societe
1970-01-01 08:00

Egypt Tourism Chief Shrugs Off War Impact With New Hotel Plans
Egypt’s tourism chief said the industry looks set to ride out the shockwaves of the Israel-Hamas war as
1970-01-01 08:00

Finland plans to close its entire border with Russia over migration concerns
Finland will close its last remaining road border with Russia due to concerns over migration, Prime Minister Petteri Orpo said Tuesday, accusing Moscow of undermining Finland's national security. Finland already closed seven of its eight of the checkpoints along its long border Russia this month following a surge in arrivals of migrants from the Middle East and Africa. The government accuses Moscow of ushering the migrants toward the Finnish border. “The government has decided to close the entire eastern border," Orpo told reporters, saying the country faced an "exceptional" situation. “We don’t accept any attempt to undermine our national security," he said. Finnish authorities say about 900 migrants crossed the border from Russia this month, significantly more than normal. It has accused Russia of trying to create a migration crisis in Finland following the Nordic nation's entry into NATO this year. Interior Minister Mari Rantanen said the last border crossing for vehicle traffic that remains open, Raja-Jooseppi in Finland's Arctic north, would close at midnight Wednesday. A railway crossing between the two countries remains open but for cargo traffic only. Read More Ukraine war: Finland closes 830-mile eastern border as Kyiv suffers drone attack Climate contradictions key at UN talks. Less future warming projected, yet there's more current pain US gas prices have fallen or remained steady for 10 weeks straight. Here's why
1970-01-01 08:00

Kingdom Holding Buys $450 Million Citigroup Stake From Alwaleed
Kingdom Holding Co., the investment company of Prince Alwaleed Bin Talal, has raised its stake in Citigroup Inc.
1970-01-01 08:00

Green Financing Company IREDA Surges 74% in Mumbai Debut
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic
1970-01-01 08:00

Toyota Posts Record October Sales, Output on US Demand
Toyota Motor Corp. posted record October global sales and production on strong demand for its cars in North
1970-01-01 08:00

Russia-Ukraine – live: Finland closes 830-mile eastern border as Kyiv suffers another drone attack
Finland has announced it will close its last remaining border crossing with Russia amid concerns that Moscow is using migrants as part of “hybrid warfare” to destabilise the Nordic country following its entry into NATO. “The government has decided to close all the crossing points on the entire (830-mile) eastern border,” prime minister Petteri Orpo told reporters, saying Finland faced an “exceptional” situation that the government blames on Moscow for orchestrating. The Kremlin has denied encouraging migrants to enter Finland and says it regrets the Finnish border closures. It comes as multiple drones were fired towards Kyiv on Tuesday evening, causing air raid sirens to go off and sending civilians down into the bomb shelters. A Ukrainian monitoring group announced the presence of a handful of drones at around 9pm local time heading towards southern regions of Kyiv Oblast. Russia appears to have stepped up its assault on Ukrainian hubs hundreds of miles from the frontline in the last fortnight. Last winter, a similar trend occured as Russia tried to destroy critical infrastructure across the country. Read More Ukraine spy chief’s wife treated for metal poisoning as Putin rants at West for ‘plundering’ Russia Ukraine spy chief's wife undergoes treatment for suspected poisoning with heavy metals Ukrainian emergency workers tow ambulance from snow as storm kills at least five
1970-01-01 08:00

Gold Hits Six-Month High as Fed’s Rate-Cut Momentum Swells
Gold extended gains after surging 1.3% to the highest level since May on Tuesday, as comments from Federal
1970-01-01 08:00