Economy
UK announces almost £30 bn of private investment at CEO summit
Prime Minister Rishi Sunak on Monday announced £29.5 billion ($37.2 billion) of private funding for new UK projects as more than 200 CEOs descended on London for the 2023 Global Investment Summit. Investments announced on Monday included £10 billion over the next four years from Australian fund IFM Investors "for large-scale infrastructure and energy transition projects".
Experts trash Hong Kong's 'throwaway culture' ahead of plastic ban
Unlike her fellow Hong Kong urbanites toting plastic or paper cups filled with coffee, pet groomer Lucine Mo takes her caffeine hit in a thermal mug with a QR code. The coded mug can be returned to 35 coffee shops taking part in a Greenpeace pilot project aiming to change one of the city's most wasteful consumption habits -- the near-instinctive use of disposable cutlery.
Winter isn't coming: climate change hits Greek olive crop
Greek organic farmer Zaharoula Vassilaki looks with admiration at a huge olive tree on her property believed to be over two centuries old, still yielding despite a direct lightning hit years ago. It takes about one to two months of good cold weather for the tree to rest... so that it can yield later," Vassilaki said.
Asian markets ease as US inflation comes into view
Asian markets dipped Monday as investors look ahead to the release this week of key US inflation data that could provide a guide for the Federal Reserve's plans for interest rates going into the new year.
Milei heads to US as next Argentine leader
Argentina's president-elect Javier Milei was traveling Sunday to the United States to meet with US and international lending officials, diplomatic sources told AFP. The far-right economist will arrive in New York on a private visit Monday before traveling that day to Washington, where he will meet with US diplomat Juan Gonzalez, the sources told AFP, on condition of anonymity.
'Hunger Games' still tops in N.America after 'Napoleon' invades
The "Hunger Games" prequel stayed atop the North American box office over the long US Thanksgiving weekend, fending off an invasion by new Ridley Scott film "Napoleon," industry watcher Exhibitor Relations reported Sunday.
One dead after ship sinks off Greek island
Greek rescuers on Sunday were searching for 12 people missing after a ship sank in gale-force winds off the Aegean island of Lesbos, with the authorities finding one crew member dead and saving another. Authorities said the Raptor, which was carrying 14 crew members and was loaded with salt, went down 4.5 nautical miles southwest of Lesbos, near the Turkish coast, early Sunday.
CBN discloses reason Naira gained over N100/$, says 31 banks paid to offset FX backlogs
The Central Bank of Nigeria has disclosed the reason the naira rebounded against the US dollar by N161, stating that its interventions are paying off.
Trouble for Nigerian banks in Congo as country's central bank imposes sale of 45% stake
Concerns as Nigerian banks in Congo may be affected by a new directive by the Central Bank of Congo that mandates banks to sell 45% of their stakes.
Economy
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