President Xi Jinping said China wants to be friends with the US and said his nation won’t fight

North Asia’s top liquefied natural gas buyers are looking to resell shipments due in part to high inventories,

Thailand’s new government is seeking to tighten control over the country’s nascent cannabis industry, taking steps to curb

The Philippine central bank kept its key interest rate steady on Thursday to allow previous increases to filter

Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its

Sanofi is working with an adviser to start preparations for a planned separation of its consumer health division,

Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s

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?

The Swedish pension fund embroiled in the collapse of Silicon Valley Bank this spring has been reported to

Austrian tycoon Rene Benko’s Signa Prime unit has approached investors over the last few days seeking up to

The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African

The US and the Philippines’ top defense officials slammed Beijing’s recent moves in the South China Sea, as