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Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:58
GKN Aerospace-owner Melrose lifts 2023 profit expectations
GKN Aerospace-owner Melrose lifts 2023 profit expectations
British aerospace supplier Melrose said on Thursday it expected 2023 profit to be 7% higher than its previous
2023-11-16 15:56
Cambodia inaugurates new Chinese-funded airport serving popular tourist destination of Angkor Wat
Cambodia inaugurates new Chinese-funded airport serving popular tourist destination of Angkor Wat
Cambodia has inaugurated its newest and biggest airport, a Chinese-financed project meant to serve as an upgraded gateway to the country’s major tourist attraction, the centuries-old Angkor Wat temple complex in the northwestern province of Siem Reap
2023-11-16 15:50
Oil Extends Slide After US Inventories Swell to Three-Month High
Oil Extends Slide After US Inventories Swell to Three-Month High
Oil declined as a rise in US inventories pointed to loosenr near-term market conditions, with prices at risk
2023-11-16 15:50
Iceland volcano – live: Eruption could obliterate town as region faces ‘decades’ of instability
Iceland volcano – live: Eruption could obliterate town as region faces ‘decades’ of instability
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. 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. “The scenario on the table now is that it will happen in or just north of the town of Grindavik. There’s no good option here,” she told The Independent. It comes as scientists warned Iceland’s south-western peninsula could face “decades” of volcanic instability following volcanic eruptions along the peninsula. “We expect to see volcanic eruptions along the peninsula, not just repeatedly in the same location. This instability could last decades,” the Icelandic Met Office’s Matthew Roberts told the BBC. Read More 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 Iceland earthquakes: Huge cracks appear on roads in volcano-threatened town Could an Icelandic volcano ground flights like in 2010?
2023-11-16 15:49
Blackstone to raise $400 million to boost credit fund's lending power - FT
Blackstone to raise $400 million to boost credit fund's lending power - FT
Blackstone is in the final stages of raising about $400 million for its Blackstone Private Credit Fund (BCRED)
2023-11-16 15:27
Swedish Fund Alecta Referred to Police Over Heimstaden Stake
Swedish Fund Alecta Referred to Police Over Heimstaden Stake
The Swedish pension fund embroiled in the collapse of Silicon Valley Bank this spring has been reported to
2023-11-16 15:25
Football rumours: Newcastle join list of potential suitors for Jonathan Tah
Football rumours: Newcastle join list of potential suitors for Jonathan Tah
What the papers say Newcastle are considering a January move for Bayer Leverkusen defender Jonathan Tah, according to The Sun. Manchester United and West Ham are also keen on the German international, 27. RB Leipzig have opened the door for Timo Werner to exit the club, according to the Evening Standard. The former Chelsea forward, 27, has started only two games this season. The Standard also reports that Chelsea are the latest club to take an interest in 18-year-old South American midfielder Gabriel Moscardo. The Corinthians teenager has already attracted interest from Arsenal and Liverpool. Jadon Sancho is unlikely to be allowed to leave Manchester United on the cheap. The Daily Mirror says the club will not sanction a cut-price January deal for the England winger, 23. Social media round-up Players to watch Ferran Torres: Newcastle are interested in the Spanish forward, with Barcelona keen to sell the 23-year-old. Evan Ferguson: Manchester United are keeping an eye on the 19-year-old striker, despite him signing a new deal with Brighton. Read More On this day in 2011: Martin Johnson resigns as England team manager Emma Hayes felt Chelsea were ‘robbed’ of victory against Real Madrid Anthony Joshua sees Otto Wallin as a stepping stone on his way to a title fight
2023-11-16 15:22
Signa Prime Pursues Investors to Bridge €2 Billion Fund Gap
Signa Prime Pursues Investors to Bridge €2 Billion Fund Gap
Austrian tycoon Rene Benko’s Signa Prime unit has approached investors over the last few days seeking up to
2023-11-16 14:59
Kenya Gets Additional $938 Million From IMF
Kenya Gets Additional $938 Million From IMF
The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African
2023-11-16 14:59
Analysis-Argentina investors brace for financial pain no matter who wins presidency
Analysis-Argentina investors brace for financial pain no matter who wins presidency
By Rodrigo Campos NEW YORK Global investors expect a large amount of financial pain out of Argentina no
2023-11-16 14:58
Uttarakhand tunnel collapse: New drill machine brings hope to trapped Indian workers
Uttarakhand tunnel collapse: New drill machine brings hope to trapped Indian workers
Rescuers are using an American-made drilling machine to reach 40 workers trapped in a tunnel for four days.
2023-11-16 14:57
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