German Jobless Rate Unexpectedly Rises to Highest Since 2021
Germany’s unemployment rate unexpectedly rose to the highest level in 2 1/2 years, a sign that the weakness
2023-11-30 17:15
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 16:57
Germany Ordered by Court to Set up New Climate Action Plan
COP28 Daily Reports: Sign up for the Green Daily newsletter for comprehensive coverage of the climate summit right
2023-11-30 16:56
French Economy Unexpectedly Shrinks While Inflation Eases
France’s economy unexpectedly shrank in the third quarter while November inflation sank more than anticipated — prompting investors
2023-11-30 16:48
Morgan Stanley, Rothschild Join Finance Elite in Abu Dhabi Push
Rothschild & Co. and Morgan Stanley are among global investment banks opening up in Abu Dhabi as the
2023-11-30 16:27
Turkish Economic Downshift Worse Than Forecast After Rate Hikes
Turkey’s economy cooled last quarter as the central bank moved to tighten monetary policy after May elections, a
2023-11-30 16:20
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 16:19
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 15:57
China’s Farmers Forced to Let Vegetables Rot as Demand Wanes
Chinese farmers in some provinces are being forced to let fresh vegetables rot in their fields due to
2023-11-30 15:53
Sino-Ocean Said to Be in Talks With Cinda for Financial Support
Chinese state-backed developer Sino-Ocean Group is in talks with bad-debt manager China Cinda Asset Management over financial support,
2023-11-30 15:49
South African Presidency Study Urges Doubling of Climate Finance
South Africa needs to more than double climate financing to achieve its emissions reduction targets, according to a
2023-11-30 15:25