
Deal Slump Tops List of Private Equity Worries at Zurich Meetup
Private equity managers had to confront a frightening thought as they gathered in Zurich this week with many
1970-01-01 08:00

ECB’s Holzmann Says Rate Cut in Second Quarter Would be Too Soon
The European Central Bank won’t cut interest rates in the second quarter, Governing Council member Robert Holzmann said,
1970-01-01 08:00

Europe’s Banks to Focus on Cost Cuts as Rates-Driven Boom Fades
European lenders are set to focus more on cost savings in 2024, as benefits from rising interest rates
1970-01-01 08:00

Iceland volcano – live: Eruption likely scientists warn as country’s ‘biggest bulldozer’ builds defences
A volcanic eruption could destroy the Icelandic town of Grindavik or lead to extensive ash clouds, experts have warned. The country has been shaken by more than 800 small earthquakes, prompting fears that the tremors could disrupt the Fagradalsfjall volcano on the Reykjanes peninsula in the southwest of the country. Scientists have said an eruption at some point is ‘likely’. It comes as a Caterpillar D11 - said to be Iceland’s biggest bulldozer - has been dispatched to help build defences. The huge piece of equipment is constructing trenches to reduce the damage caused by any eventual disaster. Almost 4,000 people were evacuated from Grindavik over the weekend as authorities feared that molten rock would rise to the surface of the earth and potentially hit the coastal town and a geothermal power station. Ragga Agustsdottir, who lives close to Grindavik, said residents were fearful of what could happen if an eruption struck. Scientists have warned Iceland’s south-western peninsula could face “decades” of volcanic instability following eruptions along the peninsula. Read More Biggest volcanic eruptions in the last 10 years as Iceland town faces devastation ‘It’s like a dystopian movie’: Iceland residents describe ‘apocalyptic’ scenes as they flee volcano threat Iceland earthquakes: Are flights still running amid fears of volcano eruption? Is it safe to travel to Iceland? Your rights if you have a holiday booked
1970-01-01 08:00

Poland May Want US Firms to Buy Equity Stake in Nuclear Project, Tusk’s Aide Says
Poland’s incoming administration wants foreign companies in the country’s nascent nuclear energy program to buy an equity stake
1970-01-01 08:00

Tesla Business Grinds to a Halt Where Unions Still Hold Sway
For the past week, not a single Tesla has passed through Sweden’s four biggest ports. Starting Friday, broken
1970-01-01 08:00

UK Conservatives Failing to Build New Hospitals, Report Says
The UK looks set to fail on a pledge to build 32 new hospitals in England by 2030,
1970-01-01 08:00

Traders Bet on ECB Rate Cuts Next Year
Traders are growing increasingly convinced that the European Central Bank will sharply lower interest rates to cushion the
1970-01-01 08:00

Germany Will Lend South Africa €500 Million for Energy Switch
Germany, through its KfW development bank, will as soon as Friday sign an agreement to lend South Africa
1970-01-01 08:00

ECB’s Villeroy Says Slowing Inflation Justifies Halting Hikes
The European Central Bank’s decision to halt interest rate increases at its October meeting is fully justified by
1970-01-01 08:00

Russian Figures Suggest Western Oil Sanctions Not Working
The west’s sanctions on Russian oil exports are failing to deprive the Kremlin of revenue to fund its
1970-01-01 08:00

UK Retail Sales Post Surprise Fall as Britons Feel the Pinch
UK retail sales fell unexpectedly in October, adding to the impression that a string of interest-rate hikes designed
1970-01-01 08:00