List of All Articles with Tag 'europe'

Credit Agricole SA posted third-quarter results that beat analysts estimates as it benefited from higher interest rates in

Israel said its troops have entered the middle of Gaza’s main city, as they continue their operation to

The world is facing a “moment of danger” with wars in Ukraine and Gaza, conflict “tripwires” in Taiwan

An ex-Russian officer has said Vladimir Putin’s forces are ‘deteriorating’ in Ukraine as the Crimea was hit by up to 17 drones. Igor Girkin, an imprisoned Russian nationalist, said Putin’s forces would be “even less capable of offensive operations than they are now” by spring 2024, according to the Institute for the Study of War. In a letter published by his wife, Girkin claimed that the situation for Russian forces was “gradually deteriorating” and that Russian forces were showcasing “growing weakness compared to Ukraine’s capabilities.” He added that the Avdiivka offensive, where thousands of troops are said to have died, demonstrated the Russian Army’s inability “to achieve superiority on a very narrow sector of the front”, the ISW said. It comes as Ukraine launched up to 17 drone attacks on Crimea and the Black Sea, which Russia destroyed and intercepeted, according to the Russian defence ministry. Nine drones were destroyed by air defence systems and eight were intercepted by electronic warfare, it added. Explosions were heard near the towns of Novofedorivka and Saky, a Russian air base on the peninsula, just after 4am, according to local reports. Read More Activist hands ICC evidence he says implicates Belarus president in transfer of Ukrainian children Mapped: Has Ukraine made advances against Russia? Ukraine fires drones over Black Sea and Crimea as Putin’s attacks fail in Bakhmut

Chinese Vice President Han Zheng said recent high-level meetings between his country and the US send a “positive

Access to direct investments and real estate opportunities are key factors driving wealthy entrepreneurs’ decisions when it comes

Oil fell to a three-month low as a forecast drop in US gasoline consumption added to a growing

In 2001, Brazil, Russia, India, China and South Africa—the emerging-markets group known as the BRICS—accounted for 19% of

Romania’s premier called the country’s failure to join the European Union’s visa-free travel zone a “profound injustice,” saying

Portugal’s Prime Minister Antonio Costa has resigned in a televised address, just hours after prosecutors detained his chief of staff in a probe into alleged corruption in his administration's handling of lithium mining and hydrogen projects. The 62-year-old, Portugal's Socialist leader since 2015, asserted his innocence but said that "in these circumstances, obviously, I have presented my resignation to the president of the republic". The state prosecutor's office said the Supreme Court was examining suspects' "use of the prime minister's name and his involvement" when carrying out allegedly illicit activities. It said the minister of infrastructure, Joao Galamba, and the head of the environmental agency were among those named as suspects. President Marcelo Rebelo de Sousa quickly accepted Mr Costa's resignation. He is expected to dissolve parliament and call for a new election. He said in a statement that he is calling parliament to convene on Wednesday, and he will speak to the nation after the Council of State gathers on Thursday. The prime minister teared up while thanking his family for their support. "I totally trust the justice system," he said. "I want to say eye to eye to the Portuguese that my conscience is clear of any illicit or censured act." He acknowledged that he was not "above the law". An investigative judge had issued arrest warrants for Mr Costa's chief of staff Vitor Escaria, the mayor of the town of Sines, and three other people because they represented a flight risk and to protect evidence, the prosecutor's office said in a statement. The judge is investigating alleged malfeasance, corruption of elected officials and influence peddling related to lithium mine concessions near Portugal's northern border with Spain and plans for a green hydrogen plant and data centre in Sines on the south coast. The police raids included the premises of the ministry of the environment, the ministry of infrastructure, Sines town council, private homes and offices. Portugal's lithium mines and green hydrogen projects are part of the continent's green initiative being pushed, and heavily funded, by the European Union. Mr Costa has been a major backer of the projects and an ally of Spain's acting Prime Minister Pedro Sanchez. He had looked set to remain in power for several years after his Socialists scored a landslide victory in elections last year, but in December 2022, his infrastructure and housing minister was forced to quit amid an outcry over a €500,000 (£434,000) compensation payment made to a board member of state-owned flag carrier TAP Air Portugal. The junior minister for infrastructure also stepped down. Ten senior government officials have left their jobs since Mr Costa's party won the 2022 ballot. Mr Costa said he had no prior indication he was being scrutinised by legal authorities. "This is a phase of my life that comes to an end," he said. Associated Press Read More Hundreds gather at vigil held for Ukrainian soldiers killed in missile attack Where the GOP presidential candidates stand on the war in Ukraine Orcas sink another yacht in relentless 45-minute attack Hundreds gather at vigil held for Ukrainian soldiers killed in missile attack Where the GOP presidential candidates stand on the war in Ukraine Orcas sink another yacht in relentless 45-minute attack

By Ankika Biswas and Bansari Mayur Kamdar (Reuters) -Portugal's shares fell sharply on Tuesday, underperforming the broader European index, after

French financial prosecutors are investigating Sanofi for alleged market manipulation. The preliminary probe opened in March involves alleged