International

• Wednesday, November 1st 2023 - 21:23 UTC

  BP third quarter profits lower than expected

  

  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.

• Wednesday, November 1st 2023 - 21:09 UTC

  Peak of England and Wales companies going bust highest since the 2009 financial crisis

  

  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.

• Wednesday, November 1st 2023 - 21:06 UTC

  AI becomes Collins publisher Word of the Year 2023

  

  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.

• Wednesday, November 1st 2023 - 14:32 UTC

  Panama Canal further reduces ship crossings as more severe drought hits Lake Gatun

  

  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.

• Wednesday, November 1st 2023 - 14:19 UTC

  King Charles in Kenya addressed British colonial past and abuses

  

  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.

• Wednesday, November 1st 2023 - 10:30 UTC

  Chile recalls Ambassador to Israel as violence in Gaza grows

  

  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.

• Wednesday, November 1st 2023 - 10:21 UTC

  Bolivia severs diplomatic ties with Israel

  

  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.

• Wednesday, November 1st 2023 - 08:58 UTC

  Brazil hopeful of de-globalization, as US/China technology clash escalates

  

  Brazil did not enjoy the globalization process that started in the 1980s to its fullest potential. Still, it may have a second chance now amid the current de-globalization process – essentially an adjustment of globalization.

• Tuesday, October 31st 2023 - 12:52 UTC

  Rutley in Chile to celebrate 200 years of bilateral relations and to sign an Antarctica cooperation protection Letter of Intent

  

  The Foreign, Commonwealth, and Development Office’s Minister for the Americas and the Caribbean, David Rutley MP, arrives in Chile, from Peru, to strengthen collaboration between the UK and Chile, as both nations celebrate 200 years of bilateral relations. 

• Tuesday, October 31st 2023 - 10:55 UTC

  Avian flu keeps killing seashore mammals along South Atlantic shores

  

  Health authorities in Brazil, Uruguay, and Argentina are increasingly concerned over the appearance of hundreds of dead sea lions presumably killed by avian flu, it was reported.