List of All Articles with Tag 'euro'

Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its

Sanofi is working with an adviser to start preparations for a planned separation of its consumer health division,

Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s

Oil declined as a rise in US inventories pointed to loosenr near-term market conditions, with prices at risk

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. 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. “The scenario on the table now is that it will happen in or just north of the town of Grindavik. There’s no good option here,” she told The Independent. It comes as scientists warned Iceland’s south-western peninsula could face “decades” of volcanic instability following volcanic eruptions along the peninsula. “We expect to see volcanic eruptions along the peninsula, not just repeatedly in the same location. This instability could last decades,” the Icelandic Met Office’s Matthew Roberts told the BBC. Read More 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 Iceland earthquakes: Huge cracks appear on roads in volcano-threatened town Could an Icelandic volcano ground flights like in 2010?

The Swedish pension fund embroiled in the collapse of Silicon Valley Bank this spring has been reported to

Austrian tycoon Rene Benko’s Signa Prime unit has approached investors over the last few days seeking up to

Siemens AG expects a slowdown in revenue growth for fiscal 2024 with demand for factory automation products in

Israel’s inflation slowed for a second straight month, defying some earlier predictions of a price surge because of

Ukraine’s forces have “gained a foothold” on the eastern bank of the Dnipro River in a significant step for Kyiv’s counteroffensive, but Russia says they are raining “hell fire” on the troops. Ukrainian President Volodymyr Zelensky’s chief of staff said on Tuesday that Ukrainian forces had crossed onto the east bank of the river in the Kherson region “against all odds”. The river has been one of the key battlegrounds of the conflict, with Russia crossing from the eastern bank to seize Kherson city in the early days of the invasion only to abandon the regional capital late last year. Though they lost ground in the area and retreated back across the river, Russia has maintained a consistent troop presence on the eastern bank, hemming in the Ukrainian counteroffensive. The Russian military said it had pinned down Ukrainian forces who crossed onto the eastern bank of the River Dnipro is raining “hell fire” on them. They said that the average life expectancy of a Ukrainian soldier there is around two days. “The enemy is trapped in (the settlement of) Krynki and a fiery hell has been arranged for him: bombs, rockets, heavy flamethrower systems, artillery shells, and drones,” said Vladimir Saldo Read More Russia admits Ukrainian troops crossed Dnipro river but says ‘fiery hell’ awaits them Putin could face new war crime case as evidence suggests starvation of Ukraine was pre-planned Ukraine troops applying pressure on Putin’s forces having gained foothold along Dnipro River, says Kyiv Bombs, betrayal and burying loved ones: Plight of one Ukraine village illustrates toll of Russia’s invasion

Russia has admitted to losing occupied territory on the eastern bank of the Dnipro river in a significant victory for Ukraine, but has warned “a fiery hell” awaited Kyiv’s troops. War-time president Volodymyr Zelensky’s chief of staff had earlier said Kyiv had “gained a foothold” in the Kherson region “against all odds”, in a fresh blow to Vladimir Putin’s troops, who have been facing a gradual counteroffensive since the spring. A Ukrainian breakthrough across the Dnipro could open up a new line to attack Crimea, which Russia illegally annexed in 2014. Ukraine’s forces have crossed the river, said Vladimir Saldo, the Russian-installed governor of Kherson under Moscow’s control. He, however, said Ukrainian troops were taking heavy losses as more of Mr Putin’s soldiers were being poured into the battlefield to stop Kyiv’s advance. Mr Saldo said Ukrainian forces were seen operating in small groups spread over a distance of around 20km, covering an area from a railway bridge to the village of Krynky. “Our additional forces have now been brought in,” he said. “The enemy is trapped in Krynky and a fiery hell has been arranged for him: bombs, rockets, heavy flamethrower systems, artillery shells and drones.” Mr Saldo, citing Russia’s “Dnepr” military grouping, said Ukrainian troops were pinned down in basements during the day. Kyiv said its troops were moving forward to push Russian forces back from the eastern bank of the river. The frontline is “fairly fluid”, said Natalia Humeniuk, spokesperson for Ukraine’s southern military command. She said Kyiv’s forces had been putting pressure on Russian troops. “The pushback from our side is taking place on a line from 3-8km along the entire bank from the water’s edge,” she said. “For now, we will ask for informational silence ... which would allow us to report later on great successes.” Both the accounts could not be immediately verified. Kyiv has frequently resorted to informational clampdown on its military moves along the 1,000km long frontline and asked spectators to await news of breakthroughs. Kyiv’s counteroffensive that was launched months ago has yielded incremental results. Moscow has maintained a consistent silence on the number of casualties its troops have faced during the war. The growing area of contested control on the eastern bank of the Dnipro “significantly reduces the mobility and capability of the Russian occupiers”, military expert Oleksandr Kovalenko said. Mr Zelensky’s chief of staff Andriy Yermak had, in remarks published on Tuesday, said Kyiv’s counteroffensive was “developing”. He also said Ukraine knew “how to achieve victory”. In the eastern theatre of the war, Ukrainian officials said the city of Avdiivka was “being wiped out” because of a month of continuous Russian bombardment. The pre-war population there of 32,000 people has come down to fewer than 1,500 residents. The Institute for the Study of War cited Russian sources on unconfirmed claims that Russian forces continued advancing around Avdiivka on Wednesday. “A Russian milblogger claimed that Russian forces pushed Ukrainian forces from their positions near the waste heap north of Avdiivka and that Russian forces seized at least 60 per cent of the industrial area south of Avdiivka,” said the US-based think-tank that is monitoring the war. It cited a Russian source as saying that the Ukrainian forces counterattacked in the Avdiivka direction on Wednesday, but did not advance. Read More Major breakthrough for Ukraine but troops face ‘hell fire’ - latest updates U.N. Security Council schedules a vote on a resolution urging humanitarian pauses, corridors in Gaza EU moves closer to imposing a new set of sanctions on Russia for its war on Ukraine Ukraine troops pressuring Putin’s forces along Dnipro River NATO to buy more ‘eyes in the sky’ planes to monitor Putin’s war on Ukraine Bombs and betrayal: Plight of one Ukraine village highlights toll of Russian invasion

Spain’s acting Prime Minister Pedro Sanchez is set to win a third term on the back of a