British inflation has slowed sharply to the lowest level in more than two years on falling petrol prices, official data showed Wednesday, easing a cost-of-living crisis after aggressive interest-rate hikes.

The Gonjeshke Darande hacking group warned that Supreme Leader Ali Khamenei is "playing with fire" as payment systems are hacked across Iran.

As Russian President Vladimir Putin continues to deny an economic crisis, the UK and its NATO allies have implemented further sanctions on Russian businesses.

While the COP28 agreement sets out to see the end of fossil fuels, the UN reported that the world is still not on track to meet net-zero goals by 2050.

Hours after the applause and relief that the world had finally reached a landmark climate agreement in Dubai, US special envoy John Kerry admitted that he thought it might never happen.

The Bank of England on Thursday held its key interest rate and warned it will remain high to tackle inflation, indicating in contrast with the Federal Reserve that cuts were unlikely any time soon.

The decline in the Eurozone area economies, notably Germany, that are in or near entering recession would, alongside high oil prices, suggest Euro weakness going forward.

The United States is helping lead the charge at UN climate talks to phase out fossil fuels, but the superpower's status as the world's top oil producer is already casting doubt on its credibility.

Thought leaders, activists, policymakers, and government officials will meet in Dubai for COP28.

The intensification of the London climate protests underscores the urgency many feel regarding environmental issues like the Just Stop Oil movement.

The extreme weather has been attributed to the El Niño weather phenomenon.

Battle lines on coal, oil and gas hardened at the UN climate talks on Tuesday where activists said a record number of fossil fuel lobbyists outnumber nearly every delegation in Dubai.

While attempting to protect the public's personal finances at COP28, Sunak was criticised by international leaders for continuing to delay net zero goals.

Armed with satellite images of pipelines, former US vice president and climate champion Al Gore singled out the emissions of the United Arab Emirates at the COP28 talks in the oil-rich monarchy on Sunday.

Charities and NGOs accuse the government of changing how it calculates climate spending to claim it will exceed targets.

Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry.

Data showing lower inflation in the United States and Europe lifted stocks Thursday, with the dollar advancing as traders bet on faster ECB interest rate cuts following the surprisingly big drop in European prices.

The Emirati host of the UN climate conference in Dubai denied Wednesday reports that he used his presidency of the crucial talks on global warming to pursue fossil fuels deals.

The United Arab Emirates planned to exploit meetings with foreign governments arranged due to its COP28 hosting role to strike fossil fuel deals, according to leaked documents obtained by the BBC.

The UAE's Sultan Al Jaber, the president of the forthcoming UN climate conference in Dubai, is "cautiously optimistic" that the pivotal talks will be successful, he told AFP in an interview on Saturday.

A gas-guzzling fossil fuel exporter trying to spearhead more ambitious climate action, the United Arab Emirates remains heavily dependent on hydrocarbons for its prosperity.

Global stock markets gave up some recent gains Tuesday following mixed results from retailers as Wall Street digested Federal Reserve minutes that suggested interest rates could stay high for a while.

Countries' greenhouse gas-cutting pledges put Earth on track for warming far beyond key limits, potentially up to a catastrophic 2.9 degrees Celsius this century, the UN said Monday, warning "we are out of road".

The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were weighing on consumers and businesses.

UK inflation hit the lowest level in two years last month after consumer prices fell sharper than expected on easing energy bills, official data showed Wednesday, relieving a cost-of-living crisis and pressure on embattled Prime Minister Rishi Sunak.

Charles III gives the first King's Speech in more than 70 years Tuesday, formally opening the UK parliament with a run-down of his government's legislative plans as an election looms.

Following Labour's double majority win, a report reveals that half of the electorate now think that Rishi Sunak has been a "poor" or "terrible" prime minister.

Approximately half a million employees employed by companies committed to the voluntary Real Living Wage are poised to experience a substantial increase in their earnings, bringing their minimum hourly wage to at least £12.

Thunberg was seen wearing a badge with the slogan "Oily Money Out".

Russian President Vladimir Putin heads to China next week to meet his "dear friend" Xi Jinping, forging even closer ties in a key strategic relationship in which experts say Moscow is increasingly the junior partner.