List of All Articles with Tag 'europe'

Greece has agreed the sale of a 9% stake in Alpha Bank to UniCredit SpA, according to a

French private equity firm PAI Partners raised €7.1 billion ($7.6 billion) for its latest fund to invest in

Turkey recorded a surplus in its current account for only the second time since late 2021, as a

TotalEnergies SE agreed to buy three natural gas-fired power plants in Texas from TexGen Power LLC for $635

Dutch pension funds are plowing cash into long-dated swap contracts, according to strategists, upending one of this year’s

General Atlantic has reached a deal to acquire control of Joe & the Juice, the high street chain

Swedish households’ expectations on housing prices fell for a third straight month as economic data show growth stagnating

In 1868, a British lawyer set up the first investment trust to pool together small sums of money

Euro-area inflation will sink below the 2% target in early 2025 — sooner than the European Central Bank

A possible downgrade of Italy to junk this week would be hugely symbolic, potentially consequential — and very

A man who evacuated from a town in Iceland after earthquakes put the region on alert for a volcanic eruption said he fears he might never see his home again. Caitlin McLean, from Scotland, was visiting her boyfriend, Gisli Gunnarsson, in Grindavik when they were forced to flee his home at midnight on Friday, packing only a few essential items, to stay with Mr Gunnarsson’s mother in Reykjavik. Police evacuated Grindavik after seismic activity in the area moved south towards the town, with a corridor of magma, or semi-molten rock, now thought to be extending under the community, Iceland’s Meteorological Office said. Ms McLean, 34, captured the moment the furniture and light fixtures shook violently in Mr Gunnarsson’s home on Friday. “At around four on Friday, (the earthquakes) just started being non-stop. Just constant big quakes for hours,” Mr Gunnarsson, 29, told the PA news agency The music composer, who was born and raised in Grindavik, described the situation as “grim”. He said: “First and foremost, the thought that you might never see your home town ever again, that’s tough. “We all rushed out of (Grindavik) so quickly, in a matter of hours, so we didn’t really think at the time that might possibly be the last time we see our home, so that’s been difficult. “It’s a pretty grim situation at the moment.” Ms McLean, an artist, added that the situation has been “difficult” for people to understand. She told PA: “I think it’s difficult for the residents to really process that. “I think everyone’s still a wee bit shocked and it’s not really sinking in there is a possibility they’re not going to be able to go home.” It's a pretty grim situation at the moment Gisli Gunnarsson, resident of Grindavik Ms McLean has urged volcano enthusiasts to avoid the area and “be respectful” to people whose homes have been affected. She said: “I would definitely say there’s been quite a lot of people wanting to fly over (to Iceland), like people that are interested in volcanoes and lava. “They’re trying to keep tourists away because there’s been people already trying to fly drones over the town. “I understand for a lot of people this is a big spectacle, but these people are losing their homes potentially, so just to be respectful.” Mr Gunnarsson said the earthquakes on Friday were the worst he has experienced. “Not even the search and rescue are really going (to the town) at the moment. “The uncertainty is too high and it’s ready to pop at any moment, the eruption,” he said. The Blue Lagoon geothermal spa, one of Iceland’s biggest tourist attractions, said on Thursday it would close until November 16 due to the risk of an eruption.

Oil held three weeks of declines as traders wait for industry reports to confirm whether the recent run