British Petroleum posted profits of US$ 3.3bn (£2.7bn) between July and September, lower than predictions of US$ 4bn. Earnings were down from US$ 8.1bn in the same period in 2022 when BP made huge profits following Russia's invasion of Ukraine, which led to oil prices soaring.
Official figures from England and Wales show that the number of companies going bust this year is on track to be the highest since the financial crisis in 2009. Insolvencies rose 10% from a year ago in the three months to the end of September, and there has also been a sharp rise in the number of firms at risk of going bust.
The contraction of artificial intelligence — AI — has been named as Collins' Word of the Year for 2023, the dictionary publisher announced this week.
Considered to be the next great technological revolution, AI has seen rapid development and has been much talked about in 2023, a blog post from the publisher said.
Gilbert House, seat of the Falkland Islands Legislative Assembly has made public the arrangements for Sunday 12 November 2023, Remembrance Sunday. The Annual Service of Remembrance, this year commemorating the 105th anniversary of the end of the First World War, will be held in Christ Church Cathedral commencing at 9.30 am.
Higher shipping costs as the Panama Canal, one of the world’s main maritime trade routes, will further reduce daily ship crossings in the coming months due to a severe drought, the authorities managing the canal.
King Charles is in Kenya in his first foreign visit as a monarch to a Commonwealth nation where he addressed the colonial past of British rule in East Africa, and abuses committed by colonial forces, especially in the 1950's during the Kenyan struggle for independence.
President Gabriel Boric Font Tuesday recalled Chile's Ambassador to Israel Jorge Carvajal for consultations given the unacceptable violations of international humanitarian law in the Gaza Strip, it was reported in Santiago after a statement released by the Foreign Ministry.
Bolivian Deputy Foreign Minister Freddy Mamani Machaca announced Tuesday that the South American country condemns the aggressive and disproportionate Israeli military offensive being carried out in the Gaza Strip and was thenceforth breaking diplomatic relations with Israel in repudiation of such acts. The Bolivian government made no mention of Hamas' Oct. 7 attacks.
According to the Central Bank of Paraguay (BCP), direct investment in the South American country reached a record US$ 725 million last year, it was reported Tuesday in Asunción.
Fuel supply in Argentina is slowly getting back to normal as an increase in the price at pumps has been admitted onto a negotiating table, it was reported in Buenos Aires. After shortages throughout the weekend, the Government acquiesced to an increase in the price of gasoline.