
Crew members missing after British cargo ship in crash in North Sea
A British cargo ship has reportedly sunk off the coast of Germany following a collision, with several people missing as rescuers search for survivors. Two cargo ships crashed into each other in the North Sea, according to German authorities. The ships, Polesie and Verity, collided in the early morning about 14 nautical miles south-west of the island of Helgoland, Germany’s Central Command for Maritime Emergencies said. One of the ships, the British-flagged Verity, apparently sank, while the Polesie remains waterborne with its 22 passengers. One person was rescued from the water and is being given medical treatment, while rescue parties are searching for several more people who remain unaccounted for. The search operation currently includes a rescue cruiser, police boats, sensor aircraft and a helicopter among other vessels. The emergency command said the British ship was headed from Bremen, Germany, to the English port of Immingham. More follows on this breaking news story Read More ‘All that is missing is a whip’: How Home Office ignored migrant worker abuses on farms Ukrainian priest arrested for stealing ancient gold jewellery worth £52m 10 Brits killed in Israel-Gaza conflict as six suspected hostages held by Hamas
1970-01-01 08:00

Ukrainian priest arrested for stealing ancient gold jewellery worth £52m
A priest from Ukraine’s Orthodox Church has been arrested along with four others for stealing £52m of illegally obtained ancient jewellery. The items consisted of 11 gold artefacts, including a belt, earrings and necklaces. They were smuggled out of Ukraine in 2016 and had allegedly been put up for sale in Madrid. The gold is believed to be from the eighth and fourth centuries BC and to be a part of Ukraine’s national heritage. Spanish police on Monday said they had made the arrests in connection with the case and had confiscated all the items. According to authorities, the valuable items went missing from public display between 2009 and 2013 at an undisclosed museum in Kyiv. The pieces were then transported out of Ukraine with the aid of forged documents falsely claiming affiliation with the Ukrainian Orthodox Church. Spanish law enforcement officers managed to seize an ornate gold belt in 2021, while the remaining artefacts were confiscated in recent weeks after attempts to sell them in the Spanish capital. The police operation involved cooperation from various countries, including Albania, Bulgaria, Cyprus, North Macedonia and Ukraine. Police said the arrests were made in recent weeks after attempts were allegedly made to sell the valuable items in Madrid. The arrested individuals include two Ukrainians, one of whom is a member of the clergy and three Spaniards. The artefacts are currently undergoing examination by Spain’s National Archaeological Museum and the country’s Cultural Heritage Institute. The Scythians who dominated eastern Europe, including what is present-day Ukraine, were known for their metal work and artefacts and jewellery from the era are among Ukraine’s best-known historical heritage. In a separate incident, Ukrainian authorities recovered 14 archaeological items allegedly stolen from areas occupied by Russia. A Russian man was arrested after attempting to smuggle them into the US. Read More Ukraine-Russia war - live: Putin pushes more soldiers to frontline despite failing offensive Headteacher who helped young Ukrainian refugees to be honoured at Windsor Castle Ukraine destroys all Russia-launched drones and cruise missile in overnight attacks
1970-01-01 08:00

Swedish Landlord Heimstaden Sees Stabilizing Property Values
Heimstaden Bostad AB, one of Europe’s biggest residential landlords, says property valuations are now showing signs of stabilization
1970-01-01 08:00

Ukraine-Russia war - live: Putin sends more soldiers to frontline as 800 children evacuated from Kherson
Vladimir Putin has pushed more troops to the frontline in Avdiivka, Ukraine, despite a failing offensive which has incurred heavy losses. The reinforcements are set to arrive after Russian soldiers have become bogged down there in recent weeks, the ISW reported, citing Russian military bloggers. Russian assaults in Avdiivka have contributed to “a 90 per cent increase in Russian casualties”, the Ukrainian ministry of defence claimed. It comes as Ukrainian authorities ordered a mandatory evacuation of 802 children from 23 settlements in Kherson, according to the Reintegration Ministry. The children with their parents or legal guardians will leave the Beryslav, Kakhovka, and Kherson districts for safer regions, the ministry said on Telegram. Meanwhile, Russia has amassed “150,000-190,000 permanent casualties” in the war with Ukraine, the UK defence ministry said. In other developments, six people have been killed in a Russian missile attack that hit a postal distribution centre in Kharkiv, Ukrainian officials have said, as Kherson has seen a record number of bomb attacks in the past 24 hours. Read More Spanish police say they have confiscated ancient gold jewelry worth millions taken from Ukraine Ukraine destroys all Russia-launched drones and cruise missile in overnight attacks Ukrainian and Russian forces clashed 82 times in a single day
1970-01-01 08:00

Barclays Flags Cost Cuts as Traders Miss, UK Guidance Drops
Barclays Plc is planning to cut costs after the banking giant’s trading division missed estimates in the third
1970-01-01 08:00

World Bank's Banga says geopolitics pose 'serious' risk to world economy
By Jorgelina do Rosario LONDON World Bank President Ajay Banga said on Tuesday that geopolitic tensions pose the
1970-01-01 08:00

Puma Earnings Beat Estimates on Strong Demand for Sneakers
Puma SE reported earnings that narrowly beat analysts’ estimates amid strong demand for sneakers in Europe and a
1970-01-01 08:00

Novartis Lifts Outlook After Shedding Sandoz Generics
Novartis AG raised its profit forecast for a third time in the drugmaker’s first report after spinning off
1970-01-01 08:00

Goldman, Citigroup Drop Off Investcorp Capital’s Abu Dhabi IPO
Goldman Sachs Group Inc. and Citigroup Inc. have dropped off the planned Abu Dhabi initial public offering of
1970-01-01 08:00

UK Is Losing Jobs at the Sharpest Pace Since the Pandemic
The UK economy lost jobs again in the quarter though August, marking the longest drop in employment since
1970-01-01 08:00

Nigeria to Tighten Rules to Curb Raw Mineral Exports
Nigeria plans to tighten rules to reduce the export of raw minerals and encourage the shipment of processed
1970-01-01 08:00

Hermes Sales Climb as US, Europe Shoppers Splurge on Birkin Bags
Hermes sales jumped as wealthy shoppers in the US and Europe splurged on the French company’s pricey Birkin
1970-01-01 08:00