Article content (Bloomberg) — Europe is set for the warmest January in decades, easing an energy crunch that has hammered the region for months. Article content Mild conditions are likely to persist across the region until the end of the month, with a strong polar weather system inhibiting cold outbreaks, according to forecaster Maxar Technologies … Read more
Al Roker. Courtesy of Al Roker/Instagram A missing piece. Al Roker received an outpouring of love after he was forced to skip the Macy’s Thanksgiving Day Parade for the first time in nearly three decades following a hospital trip for blood clots. “Back home in time to catch a little bit of the #macysthanksgivingdayparade,” the … Read more
While investors are eager to know when they will be able to get their funds back from the now-bankrupt crypto exchange FTX, insolvency lawyers warn it could take “decades.” The crypto exchange, along with 130 affiliates filed for Chapter 11 bankruptcy protection in the United States on Nov. 11. Insolvency lawyer Stephen Earel, partner at … Read more
Bet_Noire/iStock via Getty Images Global demand for silver is expected to rise 16% this year to more than 1.2B oz, creating the biggest deficit in decades – 194M oz, quadruple the 48M oz deficit in 2021 – the Silver Institute reported this week. The group said the use of silver by industry, for jewelry and … Read more
Over nearly seven decades, Japan has relied on commitments from the United States, its most important ally, for protection in the event of an enemy attack. Japan hosts the largest contingent of overseas American troops and regularly conducts drills with them. It has purchased more American-made F-35 stealth fighter jets than any other country outside … Read more
The U.K. central bank may opt to raise rates by as much as 1 percentage point to show it is serious about tackling inflation The U.K. central bank may opt to raise rates by as much as 1 percentage point to show it is serious about tackling inflation The Bank of England is expected to … Read more
The average long-term U.S. mortgage rate topped 7% for the first time in more than two decades this week, a result of the Federal Reserve’s aggressive rate hikes intended to tame inflation not seen in some 40 years. Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate jumped to 7.08% … Read more
Legislation aimed at giving women in China more protection against gender discrimination and sexual harassment at work was submitted to China’s parliament on Thursday after a third revision and extensive public input. The revised legislation comes as activists have expressed concern about increasing government rhetoric on the value traditional women’s roles and what some see … Read more
An Iranian hermit, dubbed the world’s “dirtiest man,” has passed away at the age of 94 in the Iranian village of Dejgah, state media announced on Sunday. The man, whose nickname was Uncle Haji, reportedly went some 67 years without washing and only ate rotten food. According to the IRNA news agency, Haji chose to … Read more
KPMG has slashed the size of its UK partnership to the lowest level in at least two decades as it followed up a wave of partner exits with a miserly promotion round, leaving a larger share of future profits for those who remain. The number of UK partners at the Big Four accounting firm has … Read more