europe

The queen of Denmark's decision to strip four of her grandchildren of their titles has sparked unprecedented royal drama in Copenhagen and led her enraged son to air the family's dirty laundry in public.

Europe may limp through the cold winter months with the help of brimming natural gas tanks despite a plunge in deliveries from former top supplier Russia only to enter a deeper energy crisis next year, the head of the International Energy Agency said.

2022 Europe's hottest summer on record: EU monitor

Some of Europe's biggest banks are preparing back-up generators and to dim the lights as they brace for potential power cuts and energy rationing that threaten the money system underpinning the region's economy.

Finland and Switzerland offered financial backing to utility companies on Tuesday, the latest energy firms in Europe to receive state support as gas prices have spiked since Russia invaded Ukraine.

The euro zone is almost certainly entering a recession, with surveys on Monday showing a deepening cost of living crisis and a gloomy outlook that is keeping consumers wary of spending.

European markets, euro tumble as Russia fans energy crisis

Europe faces massive increases in energy bills driven by rocketing gas prices as the Ukraine conflict and European sanctions on Russia heighten concerns over gas supplies.

Europe's wealthiest nations face rising risks of civil unrest over the winter, including street protests and demonstrations, due to high energy prices and mounting costs of living, according to a risk consultancy firm.

Finns are being urged to turn down their thermostats this winter, take shorter showers and spend less time in their beloved saunas.

Norwegian Air reported a second-quarter net profit on Thursday amid a surge in demand for air travel in Europe after pandemic restrictions were lifted, and was helped by reversal of an impairment charge related to its dispute with Boeing.

Europe is facing its worst drought in at least 500 years, with two-thirds of the continent in a state of alert or warning.

It was meant to be Europe's stellar year.

Teenager Munasar Muhidin says he fled Somalia in 2020 after Islamist militants killed most of his family and that his brother died trying to get to Europe.

Ukraine is pressuring the EU to bar Russian tourists from entering the bloc but has met varying responses.

European shares rose on Friday after GSK led a rebound in healthcare stocks, while Flutter fuelled a rally in the travel and leisure sector after an upbeat earnings forecast.

Wildfires tore through parts of France, Spain and Portugal on Thursday as heatwaves baked Europe and the head of the European Space Agency urged immediate action to fight climate change.

Business for Francoise Droz-Bartholet has reduced to a trickle, just like stretches of the Doubs River straddling the French-Swiss border that her cruise boats usually ply.

European shares edged lower on Friday as crude prices continued to weigh on energy stocks, with all eyes on U.S. jobs data expected later in the day.

The war in Ukraine is the most dangerous moment for Europe since World War Two, and Russia must not be allowed to win, NATO Secretary-General Jens Stoltenberg said.

German Chancellor Olaf Scholz accused Russia of blocking the delivery of a turbine needed to keep gas flowing via the Nord Stream 1 pipeline to Europe.

Europe's largest consumer-focused firms are seeing no shortage of demand despite a cost-of-living crisis.

As temperatures rise to unprecedented levels, even Spanish train lines, which typically cope well in the heat, are buckling and services are being cancelled.

Europe fires already worse than in all 2021: monitor

The UN secretary general, António Guterres, has warned governments around the world against the threat posed by climate change

Sales of electric fans, hoses, air conditioning units and sprinklers are soaring as Britons swelter amid record temperatures, retailers said.

Britain was on course for its hottest day on record on Monday with temperatures forecast to hit 40C for the first time, forcing train companies to cancel services, schools to close early and ministers to urge the public to stay at home.

Wildfires raged in southwestern France and Spain on Saturday, forcing thousands of people to be evacuated from their homes as blistering summer temperatures put authorities on alert in parts of Europe.

Last week an avalanche triggered by the collapse of the largest glacier in the Italian Alps amid unusually warm temperatures killed 11 people.

Markets were rocked last week by a fierce selloff after the US Federal Reserve's sharp interest rate hike -- the biggest in nearly 30 years -- and a warning of more to come as inflation soars.