Marketmind: Markets feel Friday cheer as signs point to Fed pause
A look at the day ahead in European and global markets from Ankur Banerjee A risk-on rally fuelled by rising
2023-06-02 12:47
UK Government Killed Au Pair Industry, Leaving British Parents Desperate
The UK government is desperate to find a way to make child care more affordable and encourage more
2023-06-02 11:55
Oil Heads for Weekly Decline Ahead of OPEC+ Meeting on Supply
Oil headed for its biggest weekly loss in a month as persistent concerns over demand weigh on the
2023-06-02 09:57
Credit Suisse SPAC Head Stabinsky Leaves for Santander
Credit Suisse Group AG’s departures continue with its head of blank-check companies leaving after the fortunes of both
2023-06-02 03:56
How Madeleine McCann search at reservoir unfolded – and what police found
The long-running hunt for missing Madeleine McCann returned to the headlines last week, during a three-day search of a Portuguese reservoir. Acting on tip-offs, police searched the remote Barragem do Arade reservoir in Portugal, an area that the prime suspect in the case, Christian Brueckner, frequented between 2000 and 2017. Although police are remaining tight-lipped about the details they did confirm “materials collected” had been sent to Germany for analysis in the hope of shedding light on the ongoing mystery surrounding Madeleine’s disappearance from an Algarve holiday resort on 3 May 2007. A “relevant clue” was also found during the search, according to Portuguese newspaper Correio da Manha. Separately, investigators are set to widen the search again after photographs belonging to 43-year-old Brueckner were said to have yielded further clues. With help from Portuguese police, and with detectives from Scotland Yard watching on, German investigators scoured the beauty spot 16 miles from Silves, near the southern coast of the country. Starting on Monday last week, investigators sealed off a mile-long peninsula jutting into the reservoir and set up tents as an operations base. They then spent three days digging with shovels, cutting back swaths of undergrowth and using rakes and pickaxes to sweep the banks of the reservoir, leaving behind piles of rubble. At the main 160 square foot excavation area, they flattened a concentrated area of woodland with heavy machinery and dug holes 2 feet deep. Using sniffer dogs to hunt the surrounding grassland for clues, detectives in a rigid-hull inflatable boat also examined the water. A no-fly zone in place in the skies overhead allowed police drones to survey the region undisturbed. A track leading to the search area was cordoned off with police tape and marked vehicles from Portugal’s National Republican Guard. What appeared to be evidence bags were removed from the scene. The dam, which lies 31 miles northeast of the Praia da Luz coastal resort from which Madeleine disappeared, was built in 1955 and is fed by the Arade river. Specialist divers had previously searched the reservoir in 2008, paid for by Portuguese lawyer Marcos Aragao Correia, who claimed to have been tipped off by criminal contacts that Madeleine’s body was there. Two other areas near Praia da Luz could also be searched by police, The Sun reported. Investigators combing through more than 8,000 photographs belonging to Brueckner said they had provided further potentially fruitful lines of inquiry. Brueckner, who denies any connection to Madeleine, is in jail in Germany for the rape of a 72-year-old American woman two years before the three-year-old vanished. German prosecutor Hans Christian Wolters said the investigators were looking for a body, as well as anything that could help the investigation, such as clothing. The probe will be continuing out of the public eye, he added. As such, Madeleine’s parents will have to wait several weeks to find out the results of the analysis of the materials found, as their 16-year ordeal continues. Read More Madeleine McCann news – latest: Police give major update after items found in reservoir search Sixteen years and countless heartbreaks: Where are Madeleine McCann’s family now? Madeleine McCann case: Timeline of the missing child’s disappearance How Madeleine McCann search at reservoir unfolded and what police found What happened to Madeleine McCann? Sixteen years and countless heartbreaks as Madeleine McCann’s family wait for answers
2023-06-01 22:28
Euro-Area Core Inflation Eases But Won’t Stop ECB Hiking
Underlying inflation in the euro zone dipped by more than expected, though the retreat is unlikely to stop
2023-06-01 17:46
Fewer French Support Protests Against Pension Reform, Poll Shows
French backing for strikes and demonstrations against President Emmanuel Macron’s already enacted pension reform has declined, according to
2023-06-01 17:46
Swiss Fall Out of Love With Cash Amid Soul Searching About Money
Switzerland’s formerly cash-obsessed citizens are falling out of love with physical money. Some 36% of consumer transactions were
2023-06-01 17:24
Madeleine McCann police confirm ‘number of items’ recovered from Algarve reservoir search
Police investigating the disappearance of McCann police say they have recovered a number of items from their recent search of a reservoir in Portugal. German authorities last week helped Portuguese crews comb a remote area inland from the Algarve coastal resort where Madeleine went missing from her bedroom during a family holiday in 2007. Prosecutors said they would evaluate the undisclosed items in the coming days and weeks. “Whether some of the items actually relate to the Madeleine McCann case cannot yet be confirmed,” the prosecutor’s statement read. Last week, police in Portugal undertook a three-day search at the remote reservoir which is located around 31 miles from the Praia de Luz resort- the hotel where Madeleine vanished while her parents were at dinner in a tapas bar with friends around 100 yards away from their holiday apartment. As part of this investigation, police dug holes of around 60cm and the surrounding woodland showed pathways had been cut by heavy machinery, leading to the main flattened 160 square foot excavation area. More follows on this breaking news story.... Read More Madeleine McCann news – latest: Investigators set to widen search after new photos reveal ‘clues’ Madeleine McCann case: Timeline of the missing child’s disappearance How Madeleine McCann search at reservoir unfolded – and what police found
2023-06-01 16:59
ECB’s Knot Says 2024 Rate-Cut Bets May Have to Be Adjusted
European Central Bank Governing Council member Klaas Knot said it’s “not unlikely” that investors will have to adjust
2023-06-01 16:59
Larry Summers Sees UK Recession After ‘Historic Error’ on Brexit
Larry Summers has said he would be “very surprised” if the UK gets through the next two years
2023-06-01 16:55
Asian Gas Premium Puts Europe in Competiton for LNG This Summer
Spot prices for liquefied natural gas in Asia are trading at a consistent premium over the European benchmark
2023-06-01 16:27