List of All Articles with Tag 'euro'

Bayer AG faces two fresh setbacks, causing the stock to plummet, after stopping the main study of its

Conservative lawmakers have invoked national security concerns as they push the government to scrutinize the UAE’s support of

Construction equipment rental company Ashtead Plc cut its guidance for the year as fewer natural disasters means less

Julius Baer Group Ltd. warned that its full-year profit will probably decline after provisions for bad loans jumped,

German Vice Chancellor Robert Habeck said last week’s ruling by Germany’s top court curbing the use of off-budget

Soft power and past glories will be among the UK’s tools when it gathers the world’s titans of

The European Central Bank may have to raise borrowing costs again if investor bets on monetary loosening undermine

Russia and Ukraine sent drones targeting each other’s capital cities over the weekend in signs of renewed intensity for their aerial warfare. Drones were shot down on both Saturday and Sunday in areas around Kyiv and Moscow. Air defence systems for both sides intercepted attacks and no casualties were reported. Multiple drones that were heading for Moscow and Russia’s border areas on Sunday were downed by Russian air defence systems over the weekend, officials said. Kyiv has promised to wage a major drone campaign against Russia this winter, as bad weather conditions make it difficult to conduct operations on the ground. Russian air defence units in Moscow intercepted a drone targeting the Russian capital, mayor Sergei Sobhyanin said on Telegram. He said defence units in the Elektrostal district in the capital’s east intercepted the drone. Falling debris resulting from the operation had caused no damage or casualties, the mayor said, citing preliminary information. Russia’s defence ministry confirmed the drone strike on Sunday night, as is typical describing the Ukrainian military operation as a “terrorist attack”. “On 19 November at 23.20 Moscow time, an attempt by the Kyiv regime to carry out a terrorist attack using an aircraft-type UAV [unmanned aerial vehicle] on targets in Moscow and the Moscow region was stopped,” it said on its official Telegram channel. “Duty air defence systems intercepted an unmanned aerial vehicle over the territory of the Moscow region.” A second drone targeting Moscow was also intercepted by Russia’s air defence systems at around 1am. The UAV was destroyed over the territory of the Bogorodsky district in Moscow, it said. This comes after Russian authorities on Saturday said they shot down a Ukrainian drone heading for the border region of Bryansk. The defence ministry said on-duty air defence systems destroyed the drone over Bryansk. It did not mention any casualties or damage from the attack. Russia has also begun targeting Kyiv again after a 52-day break in air raid sirens for the Ukrainian capital. On Saturday, Ukrainian officials said all drones heading towards Kyiv were destroyed but some hit infrastructure facilities elsewhere in Ukraine. A day later, a wave of Iranian-made Shahed drones from Russia targeted Kyiv overnight. The drones targeted the Ukrainian capital and the Cherkasy and Poltava regions, according to a military statement. Ukrainian anti-aircraft systems shot down 15 of 20 drones targeting the areas. Serhii Popko, the city’s military administration spokesperson, said the drones attacked Kyiv from different directions in waves that were “constantly changing vectors”. Ukrainian officials had warned Russia would step up aerial assaults during the winter months. Meanwhile, the British defence ministry said there were “few immediate prospects” for major change along the Ukrainian frontline as the war enters its second winter. In a statement, it said intense fighting was concentrated near Kupiansk in the Kharkiv region, Avdiivka in Dontesk and on the left bank of the Dnipro river, where Ukrainian forces have established a bridgehead. Read More Russia ‘pushed miles back’ after major Kyiv breakthrough on Dnipro River – live New Rwanda treaty seems unlikely to be ratified before new year An orphaned teenager who was taken to Russia early in the Ukraine war is back home with relatives Trump reshares Melania’s response to ‘golden shower’ claims K-12 schools improve protection against online attacks, but many are vulnerable to ransomware gangs Hunt backs Sunak to solve ‘fearsomely complex’ challenges on Rwanda asylum plan

The UK is likely to sell fewer bonds than initially planned this fiscal year after higher tax revenues

Moody’s Investors Service said it revised up the credit ratings firm’s outlook on SoftBank Group Corp. to stable

Experts have revealed the likely eruption site of a volcano in Iceland, as authorities warn evacuees they may not return home for months. Iceland has seen more than 1,700 earthquakes in the last 24 hours, according to the country’s Met Office, with most of the activity north of Hagafell. The forecaster said magmatic gas has been detected at a borehole in Svartsengi, signalling an imminent eruption of the Fagradalsfjall volcano over the coming days. “Hagafell is thought to be a prime location for an eruption,” the forecaster said. The likely eruption site is near the town of Grindavik, which was evacuated last Saturday due to a string of earthquakes shaking residents and their homes. The fishing town has been the most affected area in Iceland, as the magma tunnel snakes beneath the ground leaving huge cracks in roads. While the eruption is most likely to happen in Hagafell, there is a possibility that it could happen anywhere along the magma tunnel. Although seismic activity has decreased, magma is still moving 3-4cm each day and ground deformation is continuing according to GPS data and satellite imagery. The head of the volcanic activity department at the Icelandic Met Office said the situation has not developed much in recent days. Kristín Jónsdóttir noted that while the magma intrusion is still deepening and widening, it is doing so at a slower rate. She said that a decrease in seismic activity indicates that magma has reached very high up in the earth’s crust and does not now need much for it to reach the surface. At a Civil Defence briefing on Saturday, director Víðir Reynisson said there is significant damage to houses and pipes in the area. He said: “This plus uncertainty about earthquakes means that residents have to prepare to live elsewhere in the coming months.” Locals have been permitted to briefly enter their homes for five minutes this week to collect their valuables and pets but need prior authorisation. Mayor of Grindavik Fannar Jónasson said that it will take “days and weeks” to resolve housing issues as a result of the evacuations. He said 1,200 families from the town need more permanent shelter. “I think the nation has done very well, considering the response and the aid we have received,” he said. “A lot has happened in this one week. I know that there is a lot of impatience and a call from the residents to go faster, but everyone is doing their best and it will take days and weeks to resolve issues.” Grindavik, a town of 3,400, sits on the Reykjanes Peninsula, about 50 kilometers (31 miles) southwest of the capital, Reykjavik and not far from Keflavik Airport, Iceland’s main facility for international flights. The nearby Blue Lagoon geothermal resort, one of Iceland’s top tourist attractions, has been shut at least until the end of November because of the volcano danger. A volcanic system on the Reykjanes Peninsula has erupted three times since 2021, after being dormant for 800 years. Previous eruptions occurred in remote valleys without causing damage. Scientists say a new eruption would likely produce lava but not an ash cloud. Read More Iceland officials reveal where volcano will likely erupt Torrential rain warnings issued for weekend as Met Office gives update on snow More rain for southern England and south Wales following Storm Debi Storms batter southern England as flooding causes travel disruption Thunderstorm warning in effect as downpours continue in parts of UK Storm Debi: London weather warning extended as Met Office warns of lightning damage

A Japanese-chartered vessel seized in the Red Sea by Iran-backed Houthi rebels is raising fears that the Israel-Hamas