List of All Articles with Tag 'europe'

Volkswagen AG is planning to stop production of automobiles at its Dresden plant after more than 20 years,

Top US Senate leaders will host an all-members meeting with Ukrainian President Volodymyr Zelenskiy on Thursday, according to

Bond deals arranged by Credit Suisse and Bank of America Corp. in connection with debt swaps for emerging-market

US National Security Adviser Jake Sullivan concluded meetings his Chinese counterpart Wang Yi on Sunday in Malta, where

Czech central bankers must avoid easing monetary conditions any time soon because inflation remains “extremely high” and underlying

With the final quarter of 2023 approaching, one winning strategy in emerging markets is becoming clearer: buying shares

Ursula von der Leyen, the head of the European Commission, visited Italy’s island of Lampedusa on Sunday after

More than 8,000 migrants have arrived on the Italian island over the past three days.

A popular initiative in Switzerland wants to hold a vote on partially nationalizing UBS Group AG, newspaper Sonntagszeitung

The French government plans to allow gas stations to sell fuel at a loss, overriding a law from

An aircraft of the Italian acrobatic air team crashed on Saturday during a practice run outside the northern city of Turin, killing a child on the ground, according to media reports. The plane or parts of the plane reportedly struck a car carrying a family, killing a 5-year-old girl. A 9-year-old and the parents were being treated for burns, according to Italian news agency ANSA. The pilot ejected and also reportedly suffered burns. Video of the crash shows nine aircraft of the Frecce Tricolori in two tight V-formations, before one of the aircraft drops below the others and crashes, sending a fireball into the air. In the video, the pilot can be seen ejecting with a parachute shortly before impact inside a fence airfield. The crash reportedly happened after takeoff from the Turin Caselle airport, near the industrial northern city. There was no immediate word on the pilot’s condition or the reason for the crash. Photos of the aftermath show the wreckage of the plane in a cornfield, and a burned and wrecked car overturned on the side of a road. The Frecce Tricolori is Italy’s premier team of acrobatic pilots, part of the Italian air force. They typically perform dramatic flybys at events of national importance, leaving streaks of red, green and white smoke for the colors of the Italian flag. They perform more intricate acrobatics during air shows. The squad was preparing for a show on Sunday as part of events marking the 100th anniversary of the Italian Air Force. In 1988, three aircraft of the Frecce Tricolori collided and crashed to the ground during an air show at Ramstein Air Base in Germany attended by around 300,000 people. The three pilots and 67 people on the ground died. Hundreds more suffered injuries. Read More Terror as United Airlines plane drops 28,000ft prompting emergency landing Motorist dies after tree limb falls on vehicle as Atlantic storm Lee batters New England and Canada Outrage as airport worker tells stranded passengers they should be grateful plane didn’t ‘crash into the sea’

Two cargo ships have arrived in Ukraine using a new route to sail into Black Sea ports defying Russia's effective blockade of its ports. Two ships reached Chornomorsk on Saturday to load almost 20,000 tonnes of wheat for African and Asian markets, Ukraine's infrastructure minister Oleksandr Kubrakov said on social media. The ships will deliver the wheat to Egypt and Israel, the minister added. The vessels – Resilient Africa and Aroyat – were located between Ukraine’s Danube River delta and Odessa, Bloomberg reported. The ships carry the flags of Palau and crew members are from Turkey, Azerbaijan, Egypt and Ukraine. The vessels were the first ships to reach a Ukrainian port after Russia pulled out from the Black Sea grain deal, which was brokered by the UN and Turkey in July 2022 to combat a global food crisis worsened by Moscow's invasion of Ukraine. Since Russia’s exit from the deal, prices for grains and oilseeds have already risen and are expected to get higher if the deal isn’t resumed. Ukraine last month announced a "humanitarian corridor" in the waters to release ships trapped in its ports since the beginning of the invasion in February 2022. At least five vessels have so far left the port of Odesa, using the corridor which hugs the western Black Sea coast near Romania and Bulgaria. Kyiv, which has been a global food producer and exporter also wants to use the corridor for its food exports. "While the UN is not involved in the movement of those vessels, we welcome all efforts for the resumption of normal trade, especially of vital food commodities that help supply and stabilize global food markets," a UN official told Reuters on condition of anonymity. "We continue our efforts to facilitate exports for agricultural products from both Ukraine and the Russian Federation." However, the passage of the ships comes at a risk with Russia warning that it would treat any vessels headed to Ukraine’s ports as carriers of weapons. The Russian Navy in August opened fire on a cargo vessel to force it to stop for checks. “To forcibly stop the vessel, warning fire was opened from automatic weapons,” the Russian defence ministry said. A Ka-29 helicopter carrying Russian soldiers was then scrambled to inspect the ship. Read More Ukraine-Russia war – live: Putin ‘creating new defences’ amid ‘growing concerns’ over Kyiv counteroffensive Ukrainian troops move through destroyed Donetsk settlement as Kyiv announces recapture Unesco adds two locations in war-ravaged Ukraine on its list of historic sites in danger