Europe news

Europe news

Scandinavian Airlines (SAS) has announced the cancellation of 1,000 flights in April alone and many other major European airlines have announced cancellations or route cutbacks.

Despite a relatively calmer morning session, uncertainty and volatility will remain prominent. The disruption has already caused an unprecedented supply shock, with Gulf producers shutting in around 10 million barrels per day.

Silver is down 17% in five days, and gold has fallen more than 10%. Precious metals have been particularly volatile amidst the ongoing U.S.-Iran war and broader market shifts. Gold fell to $4,691.70 per ounce on Thursday, while silver slipped to $70.68 per ounce.

Financial markets were firmly in the red as investors reacted to the Middle East conflict intensifying, with stocks down across Asia and Europe. Gold also fell, which suggests investors are once again liquidating assets that have previously served them well, or they are reacting to a further strengthening in the US dollar.

What we did this morning was I extended my contract until after the Euros. I am happy to be here, I like the project. I said I wanted to do that after the qualification draw or after the tournament but there was a big pressure from the Association for me to sign before these play-off matches.

Kevin Spacey's accusers, two out of three of whom met the actor in the London theater world between 2000 and 2013, reached an undisclosed settlement, and any further court proceedings are frozen.

Wales is looking for a second-straight World Cup berth after a magical run in 2022 ended a 64-year drought. This is as prosperous a time for Welsh soccer as any, even without its greatest export, Gareth Bale. The Dragons reached the semifinals of the European Championships in 2016 and then advanced to the round of 16 in 2020.

Services experienced the highest annual increase at 3.4%, followed by food, alcohol, and tobacco at 2.5%. Non-energy industrial goods saw a more modest increase of 0.7%. Meanwhile, energy prices fell by 3.1% over the month, which helped to temper overall inflation pressures.

The FTSE 100 has made another tentative step in early trade to recover losses sparked by the outbreak of war with Iran. Stocks on Wall Street are also set to resume a rally as investor sentiment recovers. Iraq has clinched a deal with Turkey to resume exports through the port of Ceyhan, instead of using the dangerous Strait of Hormuz. This is leading to hopes that a severe, prolonged oil shock will not materialise, as more crude supplies are able to filter out of the region through other routes.

The Arctic Metagaz was part of a Russian shadow fleet used to circumvent sanctions imposed on the country's oil and gas after its full-scale invasion of Ukraine in February 2022. It was struck in a suspected drone attack close to Maltese waters earlier this month, causing a huge hole.

NATO is sending another Patriot missile defence unit to its Incirlik Air Base, after several ballistic missiles Ankara says were fired by Iran were downed heading towards or in Turkish airspace. The ministry announced the new missile battery during a Wednesday briefing at the Incirlik base, located near the southern city of Adana, saying it would complement national-level measures to ensure the security of our airspace and our citizens.

Elevated oil levels are reinforcing concerns that inflation could remain sticky, reducing the likelihood of near-term monetary easing by the Federal Reserve, weighing on gold in the process. ETF outflows over recent weeks reinforce this shift in sentiment, and could weigh on the market if they continue.

The Soviet-era pipeline, which carries Russian oil via Ukraine to the two landlocked central European countries, was damaged by a Russian missile in late January. Both Budapest and Bratislava have accused Kyiv of stalling to repair it for political reasons. Ukraine has rejected the accusation.

Look, he's lucky I exist. That's all I can say, because if you're gonna allow countries that are sick and demented—and they are demented—to have nuclear weapons everybody in the whole world should be very thankful, and I'm disappointed in NATO. Very disappointed.

The much-anticipated train will make its first departure from Milan on Wednesday, September 9th. Ticket prices start at 49.99 one way for a seat in a six-person compartment, rising to 109.99 for a place in a three-bed cabin and 269.99 for a one-person booth.

Markets remain fragile amid persistent geopolitical tensions in the Middle East, which have pushed oil prices higher and revived concerns about inflation in Europe. While interest rates are expected to remain unchanged, attention could turn to the ECB's forward guidance and assessment of energy-driven price risks.

Life expectancy in the EU continues to increase, reaching 81.5 years in 2024, 0.1 years more than the previous year and higher than in 2019, the year before the pandemic (81.3). As a reference, at the height of COVID-19, in 2021, the expectation of life had declined to 80.1 years across EU countries.

MetroLink is in negotiations with landowners to buy up land along the proposed route for the underground railway, with individual deals expected to be subject to non-disclosure agreements (NDAs) so prices paid for land will be kept secret.

Heathrow's annual sustainability report summarizing the year 2025 describes climate change as "an existential threat to aviation, to the planet and to us all personally." The report touts a few areas of interest, including adding zero-emission buses to the airport's fleet and reducing overall waste at Heathrow by 3%. The report also points to Heathrow using more sustainable jet fuel, with 3.1% of the flights taking off from the airport making use of such materials.

If they let me, I will stay in Van until the war ends. If the war doesn't end, maybe I'll go back and die. Pourkaz is one of the 3.2 million people in Iran who the U.N. refugee agency estimates have been displaced since the U.S.-Israel war with Iran started. While some are seeking shelter in safer parts of Iran or one of its neighboring countries, others are returning from abroad, heading toward the fighting to protect their families and homes.

The National Marine Park of Alonissos Northern Sporades, established in 1992, is Greece's largest working marine protected area. The protective measures appear to be working, judged by the size, abundance and diversity of marine life—glassy waters teeming with colourful fish and precious shells make swimming here an absolute dream.

This narrowly tailored, short-term measure applies only to oil already in transit and will not provide significant financial benefit to the Russian government, which derives the majority of its energy revenue from taxes assessed at the point of extraction.