Reuters Greenland has major mineral reserves The Danish government has announced a huge boost in defence spending for Greenland, hours after US President-elect Donald Trump repeated his desire to purchase the Arctic territory. Danish Defence Minister Troels Lund Poulsen said the package was a “double digit billion amount” in krone, or at least $1.5bn (£1.2bn)….
The former CEO of Abercrombie & Fitch (A&F) has dementia and late onset Alzheimer’s disease, his legal team has said in a court document filed in New York. Lawyers for Mike Jeffries have requested a hearing to determine whether he is mentally fit to stand trial on federal sex trafficking charges. The 80-year-old was arrested…
Mozambique’s main opposition leader, Venâncio Mondlane, has declared that he will install himself as president on 15 January after rejecting his defeat in presidential elections. His announcement came as his supporters staged violent protests across the country to demand an end to the 49-year-rule of the Frelimo party. The capital Maputo was like a ghost…
Watch: Santa Cruz Wharf partially collapses due to pacific storm Millions of Americans across the US are bracing for difficult weather conditions during the Christmas holiday, with storms threatening to further disrupt one of the busiest travel periods of the year. Up and down the east coast, the first storm of the winter blanketed cities…
EPA American Airlines has resumed flights after suspending its services for around an hour on Tuesday due to a technical issue that impacted the systems needed to release its planes. The nationwide halt was cancelled just before 13:00 GMT, according to the Federal Aviation Administration (FAA). The disruption came during one of the busiest travel…
Investors should consider quality firms in China and Europe with superior valuations that have executed very well despite the “dire” political and economic situations in these markets, according to Pella Funds’ Jordan Cvetanovski. In the last two to three months, Pella Funds has been looking for opportunities in China and has increased its exposure to…
Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and] brought Nissan…
Getty Images Tony Chung, who fled Hong Kong last year and is currently in the UK, is among those being sought by police Hong Kong police have offered rewards of HK$1m (£103,000; $129,000) for information leading to the arrests of six pro-democracy activists living in the UK and Canada. Among them is Tony Chung, the…
Four rioters have been given short jail terms for violence against football fans visiting Amsterdam for a Europa League match between Ajax and Israeli club Maccabi Tel Aviv. Sefa Ö, 32, was handed the longest sentence of six months in jail by Amsterdam district court, while another man was given 10 weeks and two others…
Residents in an Australian region engulfed by bushfires were given two hours to return home to collect their belongings before Christmas on Tuesday, as emergency crews try to contain the blaze. Communities around the Grampians, in Victoria, have been evacuated amid warnings from authorities that conditions there in the days ahead could be the worst…
