List of All Articles with Tag 'europe'

European natural gas futures posted a third weekly gain as concerns over potential strikes in Australia inject renewed

Standard Chartered Plc is joining a growing list of banks keen to explore opportunities in a debt-swap market

Global bonds won some respite Friday from the selloff that lifted yields to multiyear highs as stock market

The number of troops killed or wounded in Ukraine since Russia’s invasion is approaching 500,000, according to US officials, in a harrowing estimate not accounting for civilian deaths. Russia’s military casualties are approaching 300,000, including as many as 120,000 deaths, while may Ukraine have lost 70,000 troops, with between 100,000 and 120,000 injured, officials in Washington were reported as saying on Friday by the New York Times. More follows...

Poland’s central bankers postponed next month’s interest-rate meeting, an unexpected move that shifts a potentially landmark decision to

Henry Gabay, founder of now defunct London-based asset manager Duet Group, told a German court that he’s innocent

Firefighters are battling to try to bring the worst wildfire in decades on Tenerife under control. Fernando Clavijo, regional leader of the Canary Islands, said: "The fire and the weather have behaved in a more normal fashion after showing very unusual behaviour earlier. We've managed to work more intensely during the night... preparing containment lines on the ground," he told a news conference. The fire in the north of the Spanish Canary Island, which started late on Tuesday, has forced the evacuation or confinement of nearly 8,000 people in eight municipalities. "The good news is that there have been no new evacuations," added Mr Clavijo. He has called the wildfire the most complex the Atlantic Ocean archipelago has faced in 40 years, due to a combination of hot, dry and windy weather, as well as difficult terrain. Images and videos posted on social media showed the flames coming down the hill close to houses in small neighbourhoods and a massive cloud of smoke rising from the area. The fire is located up in a pine wooded mountain area with several municipalities on its flanks, including Arafo and Candelaria to the east, and La Orotava to the west. Army captain Rafael San Jose told Spanish National Television that some progress had been made overnight into Friday stopping the fire's spread but that rising temperatures during the day was increasing the difficulty for those fighting the blaze. The Canary Islands have been in drought for most of the past few years, just like most of mainland Spain. The islands have recorded below-average rainfall in recent years because of changing weather patterns impacted by the climate crisis. Mr Clavijo said the blaze, which has scorched 3,200 hectares (7,900 acres), was still very virulent but that fortunately there had been no injuries so far. He said Friday's efforts would be crucial to containing the fire. He said the combination of extreme temperatures and the fire had turned the area into a virtual oven. The north of the island was forecast to have a maximum temperature of 30C (84F) on Friday with light winds but temperatures were set to rise further over the weekend. The flames cover a perimetre of 40 kilometres (25 miles) encircling some 4,000 hectares (10,000 acres) of land. Nearly 300 firefighters and Spanish army soldiers are in the area, which is around 20 kilometres (12 miles) away from its main town, Santa Cruz. Tenerife is one of Europe's main tourist destinations. Its tourism office has stressed that the most popular tourist areas are far from the fire. Business continues as usual in hotels, beaches and other tourist sites near the coast and in the midlands, the office said. But access to the Teide National Park, one of the biggest tourist attractions in Tenerife after the beaches, was closed on Thursday evening and all tourist facilities around the Teide volcano area, including accommodation, were to be evacuated. The seven-island archipelago is located off the north-west coast of Africa and south-west of mainland Spain. More than 2,000 people were evacuated in a wildfire on the nearby La Palma island last month that affected some 4,500 hectares (11,000 acres). Wildfires have burned almost 64,000 hectares (158,000 acres) in Spain in the first seven months of the year, according to Spanish government data. That's the third highest figure in the last decade. Spain accounted for almost 40 per cent of the nearly 800,00 hectares (2 million acres) burned in the European Union in 2022, according to the European Forest Fire Information System. Associated Press Read More Mapped: Where are the wildfires in Tenerife?

The European Union warned that China’s actions in Hong Kong and Macao are eroding the autonomy of those

Keir Starmer’s opposition Labour Party denied watering down plans to strengthen workers’ rights in an effort to win

The asset management unit of JPMorgan Chase & Co. has launched two new exchange-traded funds tied to Paris-aligned

A building in central Moscow has been damaged in a drone attack in the early hours today, causing a “powerful explosion” heard across the business district of the Russian capital. Moscow mayor Sergei Sobyanin said the drone was shot down by Russian air defence systems but that debris from the exploded drone fell on the city’s Expo Center, less than 5km (3.1 miles) from the Kremlin. A video published by Russian media outlets showed thick smoke rising next to skyscrapers. The Russian defence ministry blamed the “Kyiv regime” for carrying out the “terrorist attack” but added that there were no casualties in the strike. “The UAV (unmanned aerial vehicle), after being targeted by air defence weapons, changed its flight path and fell on a non-residential building in the Krasnopresnenskaya Embankment area of Moscow,” the ministry said. It comes as the United States approved sending F-16 fighter jets to Ukraine from Denmark and the Netherlands to defend against Russia’s invading forces, as soon as pilot training is completed. Read More Ukraine’s intelligence service claims responsibility for Crimean Bridge drone attack Wagner mercenaries issue a chilling message on Poland’s doorstep: ‘We are here’ What are cluster bombs and why are they banned in some countries?

Barclays Plc named new executives to its top management in India, a major overseas market for the lender,