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List of All Articles with Tag 'world'

ECB’s Holzmann Says Rate Cut in Second Quarter Would be Too Soon
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
Iceland volcano – live: Eruption likely scientists warn as country’s ‘biggest bulldozer’ builds defences
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
Boeing Is at Risk for Still More Delays — and Losses — for Costly Air Force One Planes
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
Hong Kong’s Regulator Buys 12 Floors From Swire Properties
Hong Kong’s Regulator Buys 12 Floors From Swire Properties
Hong Kong’s market regulator bought 12 floors in its current office building from Swire Properties Ltd. for HK$5.4
2023-11-17 18:24
Poland May Want US Firms to Buy Equity Stake in Nuclear Project, Tusk’s Aide Says
Poland May Want US Firms to Buy Equity Stake in Nuclear Project, Tusk’s Aide Says
Poland’s incoming administration wants foreign companies in the country’s nascent nuclear energy program to buy an equity stake
2023-11-17 18:22
Jack Ma Loses $683 Million on Alibaba Days Before Big Stake Sale
Jack Ma Loses $683 Million on Alibaba Days Before Big Stake Sale
Jack Ma is preparing one of his biggest Alibaba Group Holding Ltd. stake reductions in recent years, and
2023-11-17 17:54
South Africa Completes Key Step to Receive Climate Funds
South Africa Completes Key Step to Receive Climate Funds
The office of South African President Cyril Ramaphosa has completed an implementation plan that will allow funds to
2023-11-17 17:53
Goldman Sachs’s Long-Standing Japan Chief Mochida Steps Down
Goldman Sachs’s Long-Standing Japan Chief Mochida Steps Down
Goldman Sachs Group Inc.’s Japan president is stepping down after 38 years at the US investment bank, a
2023-11-17 17:46
UK Conservatives Failing to Build New Hospitals, Report Says
UK Conservatives Failing to Build New Hospitals, Report Says
The UK looks set to fail on a pledge to build 32 new hospitals in England by 2030,
2023-11-17 17:26
Traders Bet on ECB Rate Cuts Next Year
Traders Bet on ECB Rate Cuts Next Year
Traders are growing increasingly convinced that the European Central Bank will sharply lower interest rates to cushion the
2023-11-17 17:20
ECB’s Villeroy Says Slowing Inflation Justifies Halting Hikes
ECB’s Villeroy Says Slowing Inflation Justifies Halting Hikes
The European Central Bank’s decision to halt interest rate increases at its October meeting is fully justified by
2023-11-17 16:56
Russian Figures Suggest Western Oil Sanctions Not Working
Russian Figures Suggest Western Oil Sanctions Not Working
The west’s sanctions on Russian oil exports are failing to deprive the Kremlin of revenue to fund its
2023-11-17 16:54
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