More than 110 nations rally behind renewables at Cop28 climate talks
The nearly 200 nations negotiating a Cop28 climate deal face tougher talks over the next two weeks on the fate of fossil fuels. More than half signed up to a …
Britain
Opinion | Global debt crisis goes well beyond China’s property sector woes
“Staggering” is the kind of term those attempting to describe the debt problems in China would use. It is strong language coming from a sober institution such as the IIF, …
US, UK, Australia to carry out maritime drone drills in 2024, focus on AI
The exercises will build skills, improve integration and “rapidly accelerate” the sophistication and scale of autonomous maritime systems that the allies can deploy and operate, Austin said. The top defence …
Saudi Arabia’s PIF to buy stake in London’s Heathrow Airport, joins Singapore’s GIC, Qatar wealth funds in ownership
Saudi Arabia’s Public Investment Fund will buy a 10 per cent stake in London Heathrow Airport as part of a shareholder reshuffle, becoming a partial owner in one of Europe’s …
UK government says no plan to return Elgin Marbles to Greece
UK Prime Minister Rishi Sunak has “no plans” to facilitate the return of the Parthenon Marbles to Athens, his spokesman said Monday, as the British leader prepared to meet his …
British investment funds get go-ahead to launch blockchain-based tokenized assets
With the latest move, the U.K. hopes to bolster liquidity in its asset management market. British investment managers have received an approval to develop tokenized funds with the help of …
Smuggler linked to 39 Vietnamese deaths in UK truck must pay US$82,000 to families
A people smuggler responsible for killing 39 people found in the back of a truck has been told to pay more than £65,000 (US$81,919) in compensation, bringing the total ordered …
Opinion: With central banks flying blind, can markets really count on lower interest rates?
For some time now, the world’s leading central banks have had a credibility problem. Having insisted that the surge in inflation stemming from the Covid-19 pandemic was temporary, policymakers fell …
King Charles welcomes South Korea’s Yoon, mingles with K-pop band Blackpink
Britain’s King Charles hosted South Korean President Yoon Suk-yeol and his wife at a glittering banquet at Buckingham Palace on Tuesday, as London rolled out the red carpet for a …
Masterpieces from Britain’s prestigious National Gallery to go on show at Hong Kong’s Palace Museum for first time from Wednesday
Masterpieces from the collection of Britain’s prestigious National Gallery will be exhibited in Hong Kong for the first time from Wednesday at the Palace Museum, with the director of the …