Thailand to Tighten Cannabis Rules After 6,000 Shops Open
Thailand’s new government is seeking to tighten control over the country’s nascent cannabis industry, taking steps to curb
2023-11-16 16:52
Philippines Keeps Key Rate Steady, Open to Resume Tightening
The Philippine central bank kept its key interest rate steady on Thursday to allow previous increases to filter
2023-11-16 16:49
Orsted Funding Gap Puts Credit Rating at Risk, Jefferies Says
Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its
2023-11-16 16:49
Sanofi Taps Adviser for OTC Spinoff as Buyout Firms Circle
Sanofi is working with an adviser to start preparations for a planned separation of its consumer health division,
2023-11-16 16:22
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
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
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
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
The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African
2023-11-16 14:59
US, Philippine Defense Chiefs Slam China, Seek Greater Ties
The US and the Philippines’ top defense officials slammed Beijing’s recent moves in the South China Sea, as
2023-11-16 14:50
Emerging Asia Bonds Lose Out in Global Rally on Peak Fed Bets
Bonds from emerging Asian nations are set to lag global peers despite a rally in Treasuries. That’s because
2023-11-16 14:00
Russia-Ukraine war live: Moscow admits major breakthrough for Kyiv but warns troops face ‘hell fire’
Ukraine’s forces have “gained a foothold” on the eastern bank of the Dnipro River in a significant step for Kyiv’s counteroffensive, but Russia says they are raining “hell fire” on the troops. Ukrainian President Volodymyr Zelensky’s chief of staff said on Tuesday that Ukrainian forces had crossed onto the east bank of the river in the Kherson region “against all odds”. The river has been one of the key battlegrounds of the conflict, with Russia crossing from the eastern bank to seize Kherson city in the early days of the invasion only to abandon the regional capital late last year. Though they lost ground in the area and retreated back across the river, Russia has maintained a consistent troop presence on the eastern bank, hemming in the Ukrainian counteroffensive. The Russian military said it had pinned down Ukrainian forces who crossed onto the eastern bank of the River Dnipro is raining “hell fire” on them. They said that the average life expectancy of a Ukrainian soldier there is around two days. “The enemy is trapped in (the settlement of) Krynki and a fiery hell has been arranged for him: bombs, rockets, heavy flamethrower systems, artillery shells, and drones,” said Vladimir Saldo Read More Russia admits Ukrainian troops crossed Dnipro river but says ‘fiery hell’ awaits them Putin could face new war crime case as evidence suggests starvation of Ukraine was pre-planned Ukraine troops applying pressure on Putin’s forces having gained foothold along Dnipro River, says Kyiv Bombs, betrayal and burying loved ones: Plight of one Ukraine village illustrates toll of Russia’s invasion
2023-11-16 13:58