Higher interest rates help HSBC to more than double profits

Bank criticised by MPs for being too slow to reward savers as it announces 15% rise in net interest income and $3bn share buyback

Higher interest rates helped HSBC to more than double its profits and hand over $3bn (£2.5bn) to shareholders, as MPs criticised the largest UK banks for being too slow to reward savers.

The London-headquartered bank said it was launching a share buyback, and paying a dividend worth 10 cents a share, after what its chief executive, Noel Quinn, hailed as “three consecutive quarters of strong financial performance”.

Continue reading...

Weather tracker: UK and France brace for Storm Ciarán

Torrential rain and 100mph gusts forecast in some areas when low-pressure system makes landfall

Storm Ciarán is expected to arrive in the UK and Ireland, France, and the Iberian peninsula on Wednesday night into Thursday. Gusts of up to 100mph (160km/h) could be possible off the western coast of France before the severe winds filter through the Channel. Brittany and the western French coast could experience wind speeds of more than 80mph, and it is likely to remain windy through the weekend.

Torrential rain is also expected, with a chance of flooding in parts of western France and the north-western Iberian peninsula. Coastal inundation is also likely to be a risk along the northern Spanish and Portuguese coasts, as well as along the French coastline, with sea swell caused by strong winds and the low-pressure displacement of seawater. The rest of France could also experience heavy rain.

Continue reading...

UK ministers to hold Cobra meeting on terrorism threat from Israel-Hamas conflict

Suella Braverman will meet police and national security officials at No 10 to discuss ‘accelerated’ risk

UK ministers will hold an emergency meeting of its Cobra committee amid concerns that the Israel-Gaza conflict has raised the possibility of a domestic terrorist incident.

The home secretary, Suella Braverman, will meet national security officials and police at No 10 on Monday to assess the security risk after the deadly Hamas attack on Israel more than three weeks ago.

Continue reading...

Why the rusting wreck of a second world war ship is so important to China

The Sierra Madre, deliberately marooned by the Philippines in 1999, is crumbling but repair is being made impossible by an effective blockade by Beijing

It is perhaps the most unlikely kind of military base. For more than two decades, a second world war-era ship, BRP Sierra Madre, has stood deliberately grounded in the remote, shallow waters of the fiercely contested South China Sea, carrying the Philippine flag and guarding against Chinese expansion.

But its future is increasingly precarious, and the ship has become a growing flashpoint in one of the world’s most disputed waters.

Continue reading...

Bangladesh: key opposition figure jailed after rally turns violent

The opposition is demanding the resignation of prime minister Sheikh Hasina and the transfer of power to a non-partisan caretaker government

Authorities in Bangladesh have arrested a key opposition figure from the Bangladesh Nationalist Party and sent him to prison after a nationwide strike led to violent clashes with security forces.

Media reports said at least three civilians died in the violence, which included an arson attack in the nation’s capital, Dhaka, on Sunday. Dozens of others were injured during the strike.

Continue reading...

Palestinian PM: we will not run Gaza without solution for West Bank

Exclusive: Mohammad Shtayyeh calls for a ‘comprehensive, peaceful vision’ and ceasefire in Gaza

The Palestinian Authority will not return to governing Gaza after the Israel-Hamas conflict without a comprehensive agreement that includes the West Bank in a Palestinian state, the authority’s prime minister has said.

Israeli civilian and military officials have said their plan for the end of the Gaza war is to have some form of transitional authority rule the territory, perhaps involving Arab states, leading to the restoration of the Palestinian Authority (PA), which was ousted from Gaza in a 2007 Hamas coup.

Continue reading...

Further air and artillery strikes reported in northern Gaza – as it happened

This blog is closed.

The UN security council scheduled an emergency meeting on Israel’s ground invasion of Gaza on Monday afternoon at the request of the United Arab Emirates, the Arab representative on the council, according to a report by Associated Press.

Israeli airstrikes have hit areas around Gaza’s largest hospital, destroying roads leading to the facility, which is a major shelter for Palestinians fleeing Israeli bombardment, residents have told Associated Press.

Continue reading...

Kazakhstan mourns after ArcelorMittal mine disaster kills 45

Fire at Kostenko mine is latest in series of deadly incidents, and has prompted nationalisation of global company’s local affiliate

Kazakhstan held nationwide mourning on Sunday after 45 people died in a fire at an ArcelorMittal mine, the worst accident in the central Asian country’s post-Soviet history.

The tragedy, which struck at the Kostenko coalmine in the Karaganda region on Saturday, came after a series of deadly incidents at ArcelorMittal mines and has prompted the nationalisation of the company’s local affiliate.

Continue reading...

Russia-Ukraine war live: Moscow says it has shot down 36 Ukrainian drones – as it happened

Claims drone strike or debris from downed drone has caused fire in oil refinery near Black Sea in Russia

Once a week, Ukrainian parents bring their children to a community centre in Kyiv for canine therapy.

Beijing Xiangshan Forum, China’s biggest annual show of military diplomacy, started on Sunday, but the name of Russian defence minister Sergei Shoigu, initially listed in the forum’s agenda as the first guest speaker at tomorrow’s opening ceremony, was not on the agenda.

Continue reading...

Humza Yousaf says parents-in-law are alive in Gaza but have run out of water

Scottish first minister expresses relief after communications were cut off during Israeli bombardment

Scotland’s first minister has expressed relief after discovering his parents-in-law in Gaza are alive, although they have run out of clean drinking water.

Humza Yousaf said the welcome news had come through on Sunday morning, hours after describing his worries about whether they were alive or dead following the imposition by Israel of a communication blackout in Gaza on Friday.

Continue reading...

Bologna seals off ‘leaning tower’ over fears it is tilting too far

Italian city’s mayor says square around 12th-century structure will shut for ‘a few years’ for repairs

The square surrounding Bologna’s medieval “leaning tower” is to be closed off for “a few years” amid concerns that the 12th-century structure is tilting a little too precariously.

The Italian city’s mayor, Matteo Lepore, said the closure of Piazza di Porta Ravegnana was necessary in order to “save” the Garisenda tower. “We’re not intervening because we think it could collapse at any moment,, we’re intervening because we want to make it safe and restore it,” he said.

Continue reading...

Civil order ‘starting to break down’ in Gaza as people raid UN warehouses

Head of refugee agency says wheat, flour and hygiene supplies taken as Israel continues its bombardment

Order is beginning to collapse in the besieged Gaza Strip after thousands of desperate people raided UN warehouses in search of food, as the international criminal court’s top prosecutor said impeding relief supplies to the population may constitute a crime under the court’s jurisdiction.

Wheat, flour and hygiene supplies were taken from on Saturday from four UN-run centres across the blockaded 25- by 7-mile strip, home to more than 2 million trapped people, Thomas White, Gaza director for the UN’s agency for Palestinian refugees (UNRWA), said on Sunday.

A UN peacekeeper on the Blue Line between Israel and Lebanon was injured in cross-border fire, the world body said.

Rishi Sunak and Emmanuel Macron “stressed the importance of getting urgent humanitarian support” into Gaza.

Jack Sullivan, Joe Biden’s national security adviser, said the US believed “there should be humanitarian pauses to get hostages out, potentially to get aid in”.

A delegation of families of Israeli hostages being held by Hamas urged President Isaac Herzog to keep their plight at the top of the political agenda.

Continue reading...

Acapulco death toll rises to 43 after Hurricane Otis batters resort city

Guerrero state governor says officials assessing damage after unprecedented 165mph storm hit Mexico’s Pacific coast

The death toll from a devastating hurricane that hit the Mexican beach resort of Acapulco last week has risen to 43, the governor of Guerrero state has said.

Evelyn Salgado added that electricity had been restored to 58% of Acapulco and that officials had visited 10,000 families there and the nearby city of Coyuca de Benitez for a census to evaluate damages.

Continue reading...

Sharp rise in bear attacks in Japan as they struggle to find food

Amid lack of acorns and beechnuts in natural habitats, bears have injured 158 people and killed two since April

Experts in Japan have warned that bear attacks are rising at an unprecedented rate, as the animals struggle to find food in their natural habitat.

Bears have caused at least 158 injuries and two deaths since April, equalling the record set in 2020, according to media reports. Most of the attacks occurred in the northern part of Honshu, Japan’s biggest island, the environment ministry said.

Continue reading...

‘I don’t know if they are alive or dead’: father’s anxious wait in West Bank as Gaza is bombed

Mahmoud Abu Amir is among thousands of Palestinians frantically trying to locate their loved ones from afar

For Mahmoud Abu Amir, the war in his native Gaza began on Monday 9 October. An Israeli airstrike flattened a large area in the Jabalia refugee camp where he spent most of his life, demolishing the apartment block that was sheltering most of his family including his wife, Mayar, and their two young children.

Two days earlier, Hamas militants had stormed towns and kibbutzim near the Gaza Strip, killing 1,400 Israelis and taking at least 200 more hostage. When Abu Amir called his family that day to check on them, “it was a shock”, he said. “No one expected this to happen. But my wife, and my entire family were dead scared. They knew something would happen to them. They live near the border and they knew they would pay the price.”

Continue reading...

‘There was no one better’: Peruvian singer finally takes her place among all-time greats

Lucha Reyes was compared to Billie Holiday and Edith Piaf. Now, fifty years after her death, her songs are released for a new audience

On a late spring morning 50 years ago this week, 30,000 people gathered outside the baroque facade of the church of San Francisco in central Lima to weep, sing and say goodbye to the young woman whose coffin was hoisted on to the crowd’s shoulders and carried, for three hours, to El Ángel cemetery a few kilometres away.

Lucha Reyes, who had died the previous day from a heart attack brought on by diabetes, knew her end was approaching. In keeping with the raw and pained songs and performances that had made her Peru’s darling, the 37-year-old singer had even commissioned a valedictory waltz. Called Mi última canción, or My Last Song, it was written in a funeral parlour.

Continue reading...

Does Biden’s unwavering support for Israel risk his chance for re-election?

Half of young Americans are skeptical of US support for Israel, and campus protesters demand a ceasefire in Gaza

Uneasy lies the head that wears a crown.

On Wednesday night, Joe Biden basked in the pageantry of a state dinner – white-jacketed violinists, golden chandeliers dotted with pink roses, a vivid wall display of 3D paper flowers. But soon after toasting the Australian prime minister in a pavilion on the White House south lawn, the US president had to step away to be briefed on a deadly mass shooting in Maine.

Continue reading...

Russia-Ukraine war at a glance: what we know on day 613

Russian losses in Avdiivka may be its worst of 2023, says UK; Ukraine and Netherlands start bilateral agreement talks

Russia would confiscate assets belonging to EU states it deems unfriendly if the bloc “steals” frozen Russian funds in a drive to fund Ukraine, a top ally of president Vladimir Putin said. It comes after Ursula von der Leyen, the president of the European Commission, said that the EU executive was working on a proposal to pool some of the profits derived from frozen Russian state assets to help Ukraine and its post-war reconstruction.

Russia and Ukraine are locked in a stalemate on the frontlines of their war and the two sides need to sit down and negotiate an end to the conflict, the Belarus leader said. Alexander Lukashenko, a key Putin ally, described the current state of the conflict as “head-to-head, to the death, entrenched … Seriously stalemate.”

Russian forces are believed to have suffered some of the country’s biggest casualty rates so far this year as a result of continued “heavy but inconclusive” fighting around the Donetsk oblast town of Avdiivka.

Four Ukrainian police officers were wounded when a shell fired by Russian troops exploded by their police car in the city of Siversk, located in the partly occupied Donetsk province.

A third round of Ukrainian-backed peace talks opened in Malta, but without Moscow. In a statement, the Ukrainian president, Volodymyr Zelenskiy, said 66 countries had taken part, proof that his plan “has gradually become global”.

The head of the office of the president of Ukraine, Andriy Yermak, has praised Qatar’s role in facilitating the return of four Ukrainian children from Russian captivity earlier this month.

Ukraine and the Netherlands began talks on a bilateral agreement on security guarantees in Malta, Yermak also announced. It is the sixth country to start bilateral negotiations with Ukraine on security guarantees.

Continue reading...

100,000 join London march against strikes on Gaza

Government’s failure to back ceasefire resolution adds to tensions among demonstrators


Tens of thousands marched through central London yesterday to demand a ceasefire in Gaza with many also expressing fury at the UK government’s refusal to back one.

As Israel ratcheted up its offensive in the coastal strip 2,200 miles away, around 100,000 people attended the latest demonstration – matching last Saturday’s record turnout for a pro-Palestinian march in the UK. One difference seemed to be a palpably more tense mood than previous marches, reflecting events unfolding in Gaza and widespread exasperation over the government’s approach to the three-week-old conflict.

Continue reading...

Netanyahu declares a ‘second war of independence’ as fears for Gazans grow

As Israel’s ground operation intensifies, World Health Organization issues an urgent statement saying it is unable to cope with a total blackout

Gaza was plunged into darkness, isolation and violence on Saturday night, its communications with the outside world almost entirely cut, as Israel’s prime minister, Benjamin Netanyahu, announced his country was entering “the second stage” of what was likely to be a long and difficult war against Hamas.

In a televised press conference Netanyahu told Israelis: “We have unanimously approved the widening of the ground invasion … Our objective is singular: to defeat the murderous enemy. We declared ‘never again’, and we reiterate: ‘never again, now’.”

Continue reading...