The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Danish shipping giant Maersk said Friday it would extend its diversion of vessels from the Red Sea for the “foreseeable future” due to safety concerns amid a spate of…
Shoppers at delicatessen market stall in Milan, Italy, on Thursday, Dec. 28, 2023. Bloomberg | Bloomberg | Getty Images Headline inflation in the euro zone jumped to 2.9% in December, up from 2.4% the previous month, though core inflation continued to ease, according to data released Friday by Eurostat. The annual print was a little…
U.K. mortgage rates are falling as markets anticipate the Bank of England will start cutting interest rates toward the middle of the year — but uncertainty is likely to continue to dent buyer confidence. HSBC announced cuts beginning Thursday on its residential mortgage interest rates, with several falling below 5% for the first time since April…
Jeffrey Epstein and Ghislaine Maxwell attend the Batman Forever/R. McDonald Event in New York City on June 13, 1995. Patrick McMullan | Getty Images New York federal court documents containing previously hidden names of people associated in some way with the late notorious sex offender Jeffrey Epstein began being unsealed Wednesday evening. Many of the…
Elvis Presley, American rock ‘n’ roll legend. Bettmann | Bettmann | Getty Images A live show featuring a life-size digitally recreated avatar of Elvis Presley is set to debut in London later this year, before moving to Las Vegas, Tokyo and Berlin. U.K. firm Layered Reality said attendees will go on a “journey” through the…
Iranians hold portraits of slain top Iranian commander Qasem Soleimani during the commemoration ceremony marking the anniversary of his killing in the Iranian capital Tehran on January 3, 2024. Atta Kenare | Afp | Getty Images Deadly blasts that killed at least 84 people in southern Iran has added to growing international concerns about the…
The destroyed Hamas’ office that was attacked by Israel on 02 January killing Palestinian leader Saleh al-Arouri and six others pictured from shattered glass in Beirut southern suburb. Marwan Naamnai | Picture Alliance | Getty Images The killing of senior Hamas leader Saleh al-Arouri in Lebanon’s capital of Beirut has sparked fears that the war…
The site of a real estate building under construction in Huai ‘an city, Jiangsu province, China, December 26, 2023. CFOTO | Future Publishing | Getty Images China is facing the prospect of a long-drawn correction in its property sector, with the overhang in the housing inventory likely to take more than 10 years to clear,…
Shipping giant Maersk on Wednesday notched a second consecutive session of strong gains as investors assessed a ratings upgrade and its decision to prolong a halt on Red Sea travel due to safety concerns. The Danish firm topped Europe’s Stoxx 600 gainers, with its Copenhagen-listed shares provisionally closing up 5.1% following Tuesday’s 6.4% rise. Shares…
CNN — Although Nigeria has vast energy reserves, more than 92 million people in the country live without access to electricity, according to the International Energy Agency. Those who are connected to the electricity grid have to contend with frequent power cuts, which cost the country $28 billion a year – almost 2% of its…
