Spain's airport operator Aena cancels or delays 50 flights in Barcelona

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• UK's Aslef union suspends London Underground strike

  Britain's Aslef trade union has actually suspended a planned twoday strike on the London Underground transport network this month following a considerably improved pay deal, the train motorists union said on Tuesday. Following fresh talks, and an enhanced deal, ASLEF has agreed to suspend our prepared commercial action on London Underground, ASLEF's Finn Brennan said in a declaration. Details of the offer will be talked about at a conference with union agents at a conference on Thursday, he added. It follows the RMT union likewise suspended a prepared strike, stating talks with management resulted in a. significantly improved deal. The walkouts on the London Underground was because of take. put on Nov. 7 and 12, and would have significantly disrupted travel. in the capital. There are around 5 million traveler journeys. per day on the network. Transport for London (TfL), which operates London. Underground, invited the suspension in a an emailed declaration. Our company believe that we have made an offer to our trade. unions that is reasonable, budget friendly, helpful for our coworkers and. great for London and we urge our trade unions to continue working. with us, TfL Chief Operating Officer Claire Mann stated.

• Spain allocates 10.6 billion euros in loans, grants to flood victims

  Spain has allocated 10.6 billion euros ($ 11.55 billion) in loans and grants to assist the victims of the flash floods that struck the eastern coast of the country around Valencia last week, Prime Minister Pedro Sanchez said on Tuesday. Sanchez stated the government plans to invest as much as 838 million euros in direct cash handouts to individuals impacted by the floods that left 217 dead last week in the worst such disaster in Spain's contemporary history. The government's credit firm ICO will guarantee as much as 5 billion euros in loans to small and medium companies, self-employed people and families to fund restoration efforts. Further funds will be dedicated to providing those impacted with tax and benefit payment holidays, in addition to payments for replacement of home and repair work to roadways and trains. The federal government has actually deployed 14,898 policemans and soldiers in the areas hit by flash floods, he included.

• Spain's airport operator Aena cancels or delays 50 flights in Barcelona

  Spain's airport operator Aena said on Monday 50 flights due to take off from Barcelona's El Prat airport were cancelled or severely delayed after a rainstorm hit the location. The airport operator diverted 17 flights that were due to land at El Prat on Monday morning to alternative airports, Aena stated on its X account. A rain and hail storm struck the Barcelona area in eastern Spain on Monday, less than a week after the country's worst flash floods killed at least 217 people in the Valencia area, 300 kilometres (186 miles) to the south. The rain stopped late on Monday early morning and the airport was operating again, a representative informed Reuters. Catalonia's city train services were likewise cancelled, Transport Minister Oscar Puente said in a post on his X account.

• Spain deploys 7,500 soldiers to flood zone where anger rises at sluggish assistance

  Spain is releasing 7,500 soldiers to its eastern area hit by devastating floods, the federal government said on Monday in the face of increasing discontent over the reaction to the catastrophe that has actually killed a minimum of 217 people. The army sent about 5,000 soldiers over the weekend to assist disperse food and water, tidy up streets and secure stores and properties from looters. A more 2,500 would join them, Defence Minister Margarita Robles informed state-owned radio RNE. A warship bring 104 marine infantry soldiers along with trucks with food and water was approaching Valencia port even as a strong hailstorm pounded Barcelona some 300 km (186 miles). to the north. Rescue groups on Monday were looking for bodies in. underground garages consisting of a 5,000-car park at Bonaire. mall near Valencia airport along with river mouths. where currents may have transferred bodies. Deaths from Spain's worst flash floods in modern-day history. edged greater to 217 on Sunday - almost all of them in the. Valencia area and more than 60 in the suburb of Paiporta. Local residents' anger was focused on late signals from. authorities about the dangers of flooding and a viewed. delayed response by emergency situation services. On Sunday, some homeowners in Paiporta slung mud at Prime. Minister Pedro Sanchez and King Felipe and his spouse Queen. Letizia, chanting: killers, killers! Transportation Minister Oscar Puente stated on Sunday the death. toll had stabilised because all victims on the surface area had been. recognized. The torrential rains on Tuesday and Wednesday triggered rivers. to swell, swallowing up streets and the ground floors of structures,. and sweeping away automobiles and pieces of masonry in tides of mud. It was the worst flood-related catastrophe in Europe in five. years Despite the fact that rains have actually continued throughout the remainder of the. week, there has actually been no more major flooding in the area. The. weather agency issued a warning on Monday morning for Barcelona. as hailstorm and heavy rains struck Spain's second biggest city. Some of Sunday's protesters wore clothes with the symbols. of far-right organisations that typically stage protests against the. leftist government. Robles said extremist groups were taking. advantage of the scenario for political gains.

• Spain mounts biggest peacetime catastrophe recovery operation as death toll reaches 211

  The deadliest flash floods in Spain's contemporary history have actually killed a minimum of 211 people and lots were still unaccounted for, 4 days after torrential rains swept the eastern region of Valencia, Prime Minister Pedro Sanchez said on Saturday. In a televised declaration, Sanchez said the federal government was sending out 5,000 more army troops to help with the searches and clean-up in addition to 2,500 soldiers currently deployed. It is the biggest operation by the Army in Spain in peacetime, Sanchez stated. The government is going to set in motion all the resources required as long as they are required. The catastrophe is currently Europe's worst flood-related catastrophe considering that 1967 when at least 500 individuals died in Portugal. On the other hand, volunteers gathered to Valencia's City of Arts and Sciences center for the first coordinated clean-up arranged by regional authorities. The place has actually been developed into the nerve centre for the operation. On Friday, the mass spontaneous arrival of volunteers complex gain access to for expert emergency situation workers to some locations, triggering authorities to devise a plan on how and where to release them. Rafael Armero, 19, who remained in Alfafar, a suburb of Valencia, informed Reuters on Saturday: I have actually been walking around the town for three days helping everyone who requires it. We have a knapsack filled with food and water for anyone who requires it. More than 90% of the homes in Valencia had regained power on Friday, utility Iberdrola stated, though thousands still lacked electricity in cut-off areas that rescuers had a hard time to reach. The storm set off a new weather alert in the Balearic Islands, Catalonia and Valencia, where rains are anticipated to continue during the weekend.

• Thousands sign up with effort to clean up catastrophic Spanish floods

  An arts and science centre which typically plays host to opera efficiencies was on Saturday changed into the nerve centre for the clean-up operation after devastating floods in eastern Spain which have declared at least 207 lives. Volunteers went to Valencia's City of Arts and Sciences for the first collaborated clean-up organised by local authorities. On Friday, the mass spontaneous arrival of volunteers complex gain access to for expert emergency situation workers to some areas, triggering authorities to design a plan on how and where to deploy them. Carlos Mazon, Valencian regional president posted on X on Friday: Tomorrow, Saturday, at 7 in the morning, together with the Volunteer Platform, we will introduce the volunteer center to better arrange, (and) transport the help of those who are assisting from the City of Arts and Sciences in Valencia. Prime Minister Pedro Sanchez was because of attend to the nation on Saturday morning. In some of the worst-hit areas, individuals have resorted to looting since they have no food or water. Police stated on Friday they had apprehended 27 people for robbing shops and offices in the Valencia area. More than 90% of the homes in Valencia had actually restored power on Friday, utility Iberdrola stated, though thousands still lacked electrical energy in cut-off areas that rescuers struggled to reach. Some 2,000 soldiers were released to search for people who are still missing out on and assist survivors of the storm, which triggered a new weather alert in the Balearic Islands, Catalonia and Valencia, where rains are expected to continue during the weekend. Authorities stated the death toll is likely to keep rising. It is currently Spain's worst flood-related catastrophe in more than 5 years and the most dangerous to strike Europe since the 1970s.

• Volunteers bring ray of light to Spanish towns shattered by floods

  Some came armed with mops and buckets, pickaxes or shovels, others brought bottles of drinking water and bags of food. Countless volunteers of all ages, walks of life and various nationalities showed up on Friday in Spain's eastern Valencia region to assist with clean-up efforts after disastrous floods that have killed a minimum of 205 individuals. To Paiporta, to help, responded to a group of young men, strolling briskly, when asked where they were headed, describing among the hardest-hit suburban areas of the regional capital, Spain's. third-biggest city. Wherever assistance is needed, one of the males added. The program of uniformity was a brilliant area amidst the. devastation triggered by today's floods, the deadliest weather condition. catastrophe to strike the nation in contemporary history. The floods have battered Valencia's infrastructure, sweeping. away bridges, roads and rail tracks, and immersed farmland in a. area that produces about two-thirds of Spain's citrus crops. like oranges, which the nation exports globally. Interior designer Nuria originated from a remote residential area of the. town of L'Eliana to help with hard work and whatever I can do. and with all my heart, she said. Bart, a Dutchman who also resides in L'Eliana, said he had. been touched by the uniformity revealed by the numerous volunteers. It's remarkable - thousands of individuals coming from Valencia,. like a big corridor of individuals assisting the victims of this. incredible disaster, he said, as he headed to assist. Food brought by some volunteers was in hot need. Absolutely nothing can come through, no food, absolutely nothing. The only thing. that comes are the rescue trucks that can perhaps bring a little. food, however you require to stroll 15-20 km (9-12 miles) to purchase some. bread, said Rafael Lopez, 59, who resides in a neighbourhood next. to Paiporta. Reme Montero, 59, stated she wanted to help clean ground flooring. flats that had actually been flooded. The catastrophe motivated me to come, she said. I'll do. whatever they tell me to do. By Friday afternoon, local authorities thanked the. volunteers exceptionally in a post on X, but asked people to keep. out of the worst-affected locations, stating large crowds of. volunteers might complicate gain access to for the emergency services.

• EBRD plans to invest 1.25 bln euros in Kazakhstan for China-Europe cargo route

  The European Bank for Restoration and Development plans to invest 1.25 billion euros ($ 1.36 billion) in 2 Kazakh projects to increase the capacity of a ChinaEurope cargo transport route bypassing Russia, the head of the EBRD said on Friday. The route, called the Trans-Caspian or Middle Corridor, is shorter than a northern route through Russia and is becoming significantly crucial for East-West trade offered Western sanctions on Moscow due to its invasion of Ukraine. The land and sea transportation corridor for products would be an economic advantage for nations whose territories it crosses, including Kazakhstan, Azerbaijan and Georgia. The Trans-Caspian job, I imply, the development of the connection as an option to the Russia trade pattern is very essential, EBRD President Odile Renaud-Basso told Reuters. She stated EBRD had signed a memorandum of understanding with the Kazakh state train business for a potential 750 million euro investment. The other project, worth 500 million euros, is to rehabilitate the Aktobe-Ulgaisyn roadway in Kazakhstan's Western Aktobe region, she said in an interview. The bank is likewise purchasing green energy projects in Kazakhstan and the Main Asian area as an entire, Renaud-Basso said, pointing out a battery energy storage job for renewable manufacturers in Uzbekistan as an example. EBRD likewise prepares a 270 million euro deal with Kazakh state electrical grid operator KEGOC to connect more renewable energy producers to the grid. She stated the bank, which this year purchased a 5% stake in Kazakh flagship carrier Air Astana throughout its preliminary public offering, was keen to participate in more privatisation offers. The EBRD anticipates Kazakhstan's economy to grow 5.5% next year compared to this year's 4% growth, partially due to the expansion of the huge Tengiz oilfield.

• French and Benelux stocks-Factors to enjoy

  Below are companyrelated news and stories from France and Benelux which might have an impact on the area's markets or private stocks. GAMBLING ESTABLISHMENT: French merchant Gambling establishment on Thursday reported 9-month group changed EBITDA at 402 million euros. It said it will provide its 2028 tactical plan on November 14th and that the number of task cuts expected should be at upper end of range at first announced. EIFFAGE, GETLINK: French building and renewables company Eiffage on Thursday said it now held 20.55% of Getlink's share capital SES, EUTELSAT COMMUNICATIONS: Spacerise, consortium made of satellites business SES, Eutelsat and Hispasat, was picked on Thursday by the European Commission to construct and operate Iris ² multi-orbit satellite constellation. UNIVERSAL MUSIC GROUP: Music label Universal Music Group on Thursday published third-quarter EBITDA at 556 million euros. It likewise said it was starting searching for a brand-new Chief Financial Officer as Boyd Muir was promoted to Chief Operating Officer Pan-European market data: European Equities speed guide ... ... ... ... FTSE Eurotop 300 index ... ... ... ... ... ... DJ STOXX index ... ... ... ... ... ... ... ... Top 10 STOXX sectors ... ... ... ...... Leading 10 EUROSTOXX sectors ... ......... Leading 10 Eurotop 300 sectors ... ... ...... Leading 25 European pct gainers ... ... ... ... ... Top 25 European pct losers ... ... ... ... ... Main stock exchange: Dow Jones ... ... ... Wall Street report ... Nikkei 225... ... ... Tokyo report ... ... FTSE 100 ... ... ... London report ...... Xetra DAX ... ... ... Frankfurt products ... ... CAC-40 ... ...... Paris products ...... World Indices ... ... ... ... ... ...... Reuters survey of world bourse outlook ... ... European Asset Allocation ... ... ... ... ... Reuters News at a look: Top News ... ... ... Equities ... ... ... Main oil report ...... Main currency report ...

• Spain searches for missing after deadly floods as clean-up starts

  Spanish rescue groups scoured flooded fields and stranded cars and trucks on Thursday for those still missing after ravaging floods in the Valencia region that eliminated a minimum of 95 people, with forecasts of more bad weather condition prompting storm informs further north. Local authorities have not revealed the number of people are still unaccounted for after Europe's deadliest floods in years, but Defence Minister Margarita Robles stated the death toll was likely to increase. Rescuers utilized helicopters to winch survivors to safety in locations that were still flooded and combed through thick silt and the wreckage of cars looking for bodies. Diggers and tractors geared up with water pumps were brought in to clear particles from the streets, television footage revealed. The floods in Valencia damaged the area's infrastructure, sweeping away bridges, roads, railtracks and structures as rivers burst their banks. About 80 km (50 miles) of roadways in the eastern area were seriously damaged or impassable, stated Transport Minister Oscar Puente. Many were obstructed by abandoned vehicles. Unfortunately there are dead bodies in some lorries, Puente told reporters, adding that it would take 2 to 3 weeks to re-establish the high-speed train connection in between Valencia and Madrid. Calm weather condition returned on Thursday to the hardest-hit locations around the city of Valencia, Spain's third-largest, but the AEMET state weather condition agency released its highest level of alert for the province of Castellon. Additional north in the Catalonia area, an amber alert was released for the city of Tarragona. Meteorologists stated a year's worth of rain had actually fallen in eight hours in parts of Valencia on Tuesday, causing pile-ups on highways and submerging farmland in an area that produces about two-thirds of the citrus fruit grown in Spain, a leading global exporter of oranges. The storm that triggered the torrential rainstorms has because moved in a northeasterly instructions. There are currently really strong storms in the location, especially in the north of Castellon, AEMET published on its X. account. The unfavorable weather condition continues! Be careful! it added,. saying people need to not travel to the area. Prime Minister Pedro Sanchez went to a rescue coordination. centre in L'Eliana, near the city of Valencia, and advised people. to remain at home due to the hazard of more stormy weather. Right now the most crucial thing is to secure as lots of. lives as possible, he told reporters. Locals explained seeing people clambering onto the. roofs of their automobiles as a churning tide of brown water gushed. through the streets on Tuesday, uprooting trees and dragging. away portions of masonry from structures. CITIZENS COUNT LOSSES In the hard-hit rural town of Utiel, some 85 km (53 miles). inland from the city of Valencia, the Magro river burst its. banks, sending out up to 3 metres (9.8 feet) of water into. homes, which are mostly single-storey. Utiel's mayor, Ricardo Gabaldon, said at least 6 people. had died in the town of about 12,000, most of them senior or. handicapped people who were not able to clamber to safety. Locals used water pumps continued tractors as they. begun to clean up early on Thursday, with children assisting to. sweep the walkways. Ruined family devices and furnishings. were accumulated in the middle of roadways and senior people. struggled to walk in the slippery, mud-coated streets. The sadness is for the people who have passed away, said Encarna,. a 60-year-old teacher in the town, wiping away tears as she. spoke in the street near her damaged home. These are my. savings, my effort, my life. However we are alive. The floods have actually likewise damaged crops and eliminated livestock. Utiel homeowners Javier Iranzo, 47, and Ana Carmen Fernandez,. 48, informed Reuters the flooding had actually completely wrecked their pig. farm, with 50 of their animals having drowned. They approximated the catastrophe had triggered hundreds of. countless euros of damages and, in spite of government promises of. assistance, stated they stressed over whether they would get state. aid to help reconstruct.

• Spanish rescue teams hunt for missing out on after lethal floods

  Spain released another storm warning on Thursday for part of the Valenica area devastated by floods that have killed a minimum of 95 people, as rescuers scoured flooded fields and stranded vehicles for those still missing. Regional authorities have actually not divulged how many individuals are still unaccounted for after Europe's deadliest floods in years, but Defence Minister Margarita Robles said late on Wednesday the death toll was likely to rise. Rescue employees combed the wreckage of automobiles that were caked in mud beside roads or in flooded fields, with some using heavy machinery to clear particles from the streets, tv video footage revealed. Calm weather condition returned on Thursday to the hardest-hit areas around the city of Valencia, Spain's third-largest, but the AEMET state weather condition agency issued its greatest level of alert for the province of Castellon. Further north in the Catalonia region, an amber alert was provided for the city of Tarragona. Meteorologists said a year's worth of rain had fallen in eight hours in parts of Valencia on Tuesday, causing pile-ups on highways and submerging farmland in a region that produces about two-thirds of the citrus fruit grown in Spain, a leading international exporter of oranges. The storm that triggered the torrential rainstorms has because relocated a northeasterly instructions. There are currently really strong storms in the area, especially in the north of Castellon, AEMET posted on its X. account. The adverse weather continues! Be careful! it added,. saying individuals need to not take a trip to the location. The floods in Valencia damaged the area's facilities,. sweeping away bridges, roadways, railtracks and buildings as rivers. burst their banks. Residents explained seeing individuals climbing onto the roofings. of their vehicles as a churning tide of brown water gushed through. the streets, rooting out trees and dragging away chunks of masonry. from buildings. RESIDENTS COUNT LOSSES In the hard-hit rural town of Utiel, some 85 km (53 miles). inland from the city of Valencia, the Magro river burst its. banks, sending up to three metres (9.8 feet) of water into. homes, the majority of which are single-storey. Utiel's mayor, Ricardo Gabaldon, said at least six people. had actually died in the town of about 12,000, most of them senior or. disabled individuals who were not able to clamber to safety. Early on Thursday, citizens utilized water pumps carried on. tractors as they started the clean-up, with kids helping to. sweep the pathways. The grief is for individuals who have passed away, said Encarna,. a 60-year-old instructor in the town, cleaning away tears as she. spoke in a flood-ravaged street near her damaged home. These. are my cost savings, my effort, my life. However we are alive. The floods have actually also damaged crops and eliminated animals. Utiel citizens Javier Iranzo, 47, and Ana Carmen Fernandez,. 48, informed Reuters the flooding had actually completely trashed their pig. farm, with 50 of their animals having actually drowned. They estimated hundreds of thousands of euros worth of. damages and, in spite of federal government pledges of aid, said they. anxious about whether they would get state help to assist. reconstruct.

• UK's HS2 rail line must run to central London, finance minister Reeves states

  British financing minister Rachel Reeves said on Wednesday the southern leg of the HS2 train line should go to main London, and that the government would devote moneying to begin the tunnelling needed. The multi billion-pound project was downsized by the previous government last year. Providing the very first budget of the brand-new Labour government, Reeves said the high-speed rail task - which will link the capital city to Birmingham in central England - must reach Euston station. Without brand-new personal cash the railway was set to terminate at Old Oak Common in the outskirts of the capital under former Prime Minister Rishi Sunak, who likewise cancelled the northern leg of the task between Birmingham and Manchester over cost overruns. We are dedicating the financing required to start tunnelling work to London Euston station, catalysing private financial investment into the city, Reeves said. The project, proposed by the last Labour federal government in 2010, was developed to add capacity to Britain's railway network and help the country's infrastructure catch up with other European nations which have comprehensive faster modern tracks, however its expenses have actually spiralled to over 100 billion pounds.