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☆ Gold earring found in burned Iron Age village may reveal ‘moment in time,’ archaeologists say
▼ + stars: | 2024-05-20 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +7 min

The inferno consumed the wooden structure, situated in an Iron Age settlement, killing six animals penned in the stable. The presence of a horse in the stable suggested that these people were wealthier than some of their neighbors, Olesti Vila said. The site provides important insights into the daily lives of Iberian Iron Age populations in the Pyrenees at this pivotal time in history, Arnold said in an email. During the Iron Age, when people lived in wooden homes heated by fires, buildings often accidentally burned. “This is also an indication of some kind of conflict or some kind of violent aggression,” Olesti Vila said.

Persons: Oriol Olesti Vila, Baltarga, Francesc Riart, Olesti Vila, “, weren’t, ”, Bettina Arnold, Arnold, ” Arnold, ” Mindy Weisberger Organizations: CNN, Autonomous University of Barcelona, University of Wisconsin -, Scientific Locations: Iberia, Spain, Tossal, Baltarga, Iron, Hannibal, Roman Republic, University of Wisconsin - Milwaukee, Pyrenees, “, Europe

☆ Spain's BBVA announces $13 billion hostile takeover bid for Sabadell
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: +1 min

The headquarters of the Spanish bank BBVA are seen in Madrid, Spain. Spanish bank BBVA on Thursday presented a 12.23 billion euro ($13.11 billion) takeover bid for rival Sabadell directly to shareholders, even though Sabadell's board this week already rejected the proposal on the same terms. BBVA's decision follows Sabadell's board on Monday saying the unsolicited bid significantly undervalued the bank's potential and growth prospects. BBVA, Spain's second-biggest bank by market value after Santander, offered an exchange ratio of 1 newly issued BBVA share for every 4.83 Sabadell shares, a premium of 30% over April 29 closing prices. Spanish banks have been looking for ways to increase revenue as a boost from high interest rates begins to fade.

Persons: Carlos Torres Vila Organizations: BBVA, Sabadell, Banco, Hostile, UBI Banca, Spain's, Santander Locations: Spanish, Madrid, Spain

☆ A rare hostile takeover bid in Europe's banking sector has shocked markets
▼ + stars: | 2024-05-09 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the situation as "very strange." The move comes shortly after a separate 12 billion euro ($12.87 billion) takeover offer from BBVA to Sabadell's board was rejected earlier in the week. BBVA said its takeover offer has the same financial terms as the merger offered to Sabadell's board. Shares of BBVA fell 6% at around midday London time on Thursday, while Sabadell's stock price rose more than 3%.

Persons: Carlos Torres Vila Organizations: Banco Sabadell SA, BBVA, Banco Sabadell, Banco Locations: Banc, Barcelona, Spain, Spanish

☆ 20 decomposed bodies found in boat off coast of Brazil
▼ + stars: | 2024-04-15 | by ( Anneclaire Stapleton | ) edition.cnn.com time to read: 1 min

CNN —At least 20 severely decomposed bodies have been found in a boat off the coast of northeastern Brazil, officials say. The boat was found on the coast of Bragança, northeast of Pará, on April 13, the Brazilian Federal Public Ministry announced Sunday. Officials said at least 20 bodies had been found in the boat, but due to the decomposition of the remains it’s unknown how many died on the boat. The deceased are not thought to be from Brazil but possibly from the Caribbean, investigators told CNN Brasil. Police deploy at Vila do Castelo port in Braganca, Brazil, on April 14, after fishermen reported spotting a boat laden with decomposing corpses off the coast of Para state on Saturday.

Persons: Raimundo Pacco Organizations: CNN, Brazilian Federal Public Ministry, CNN Brasil, Local, Police Locations: Brazil, Bragança, Pará, Caribbean, Vila, Castelo, Braganca, Para

☆ See inside Karl Lagerfeld’s many glamorous homes
▼ + stars: | 2024-03-06 | by ( Suyin Haynes | ) edition.cnn.com time to read: +10 min

CNN —Fashion writer Patrick Mauriès first met Karl Lagerfeld in 1981, after he quoted the fashion designer in a short book he had written about contemporary fashion and culture. As Lagerfeld became more of a public figure in the 1990s and 2000s, he increasingly sought homes that could act as retreats, said Mauriès. Fotex/Shutterstock/Courtesy Thames & HudsonIn keeping with Lagerfeld’s constant need for change, there is little left of the homes and interiors featured in the book. Georges Kelaïditès/Roger-Viollet/TopFoto/Courtesy Thames & HudsonAlso in his Rue de l’Université residence, Lagerfeld poses in his sitting room for a photo spread published in a German magazine, circa 1972. Horst P Horst/Condé Nast/Shutterstock/Courtesy Thames & HudsonHere, the designer poses for a photo at the work desk in his office space.

Persons: Patrick Mauriès, Karl Lagerfeld, Lagerfeld, Chanel, Mauriès, ”, “ Karl Lagerfeld, Marie Kalt, Lagerfeld’s, l’Université, Pozzo, Borgo, Monte, Ettore Sottsass, Vila Jako, Jacques de Bascher, Swedish Grace, Jacques Schumacher “, “, ” Lagerfeld, Kalt, Michael Graves, Rue de l’Université, Georges Kelaïditès, Roger, Max Scheler, Germain, Horst P Horst, Condé Nast, Hudson Lagerfeld, Villa La Vigie, Schorr, Jacques Schumacher, Jeff Koons, Joana Vasconcelas, François Coquerel, Jerome Galland, Villa Louveciennes Organizations: CNN, Hudson Each, Deco, Memphis Group, ancien, Hudson, Monaco, Rue de Lille, Rue de, de, & Hudson, Saint, Villa La, Hudson Lagerfeld's, Rue des Saints Pères Locations: Europe, Paris, Monte Carlo, Rome, Hamburg, Italian, Swedish, Monte, Sotheby’s, American, Rue, Roquebrune, France, Voisins

☆ PortAventura World: 14 people injured at Spanish amusement park as tree falls onto children’s roller coaster
▼ + stars: | 2024-02-11 | by ( Benjamin Brown | ) edition.cnn.com time to read: +1 min

CNN —Fourteen people were injured, including two seriously, after a tree fell onto the tracks of a children’s roller coaster at an amusement park in the Spanish region of Catalonia Sunday. Strong winds caused the tree to fall on the “Tomahawk” children’s roller coaster at the “PortAventura World” park in Vila-Seca, about 90 kilometers (56 miles) from Barcelona on Sunday morning, according to the park. Catalan emergency services said they had treated the 14 injured people, two of whom were taken to hospital with serious injuries. “This Sunday morning, due to strong winds… there was an incident caused by a tree falling close to the Tomahawk ride,” the theme park said in a statement, per Reuters. The PortAventura World park is the most visited amusement park in Spain and the sixth most visited in Europe, according to PortAventura.

Organizations: CNN, Reuters, “ Locations: Spanish, Catalonia, Vila, Seca, Barcelona, Spain, Europe

☆ BBVA chair: Will have rate decreases toward the end of the year
▼ + stars: | 2024-01-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBBVA chair: Will have rate decreases toward the end of the yearBBVA Chair Carlos Torres Vila says rate cuts in the second half of the year will hit growth in net interest income.

Persons: Carlos Torres Vila Organizations: BBVA

☆ Mexico-U.S. trade partnership will be unaffected by upcoming election, bank chairman says
▼ + stars: | 2024-01-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMexico-U.S. trade partnership will be unaffected by upcoming election, bank chairman saysCarlo Torres Vila, chairman of global bank BBVA, discusses the economy in Spain and the emerging markets they operate in, including Mexico — now the biggest trading partner of the U.S.

Persons: Carlo Torres Vila, Mexico — Organizations: BBVA Locations: Mexico, U.S, Spain

☆ Continental prepares for asset sales, tightens 2023 targets
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

The logo of German tyre company Continental, pictured before the company's annual news conference in Hanover, Germany, March 7, 2019. Continental said in November it would cut thousands of jobs in the automotive division worldwide and reduce the number of business areas within the division from six to five. "The automotive business is with us, it stays with us," Setzer said at a media briefing. Its 2023 outlook forecasts an adjusted EBIT margin of 5.5-6.5% on sales of 41 billion to 43 billion euros. It expected an adjusted earnings margin close to 7% at ContiTech, at or above 13% in the tyres division and near 2% in the automotive division, CFO Katja Garcia Vila said.

Persons: Fabian Bimmer, Nikolai Setzer, " Setzer, Katja Garcia Vila, Victoria Waldersee, Matthias Williams, Louise Heavens Organizations: Continental, REUTERS, BERLIN, Thomson Locations: Hanover, Germany, Continental, ContiTech

☆ UN shares its world’s ‘best tourism villages’
▼ + stars: | 2023-11-17 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

For travelers who want to visit a smaller, more authentic local destination, the United Nations World Tourism Organization (UNWTO) has released this year’s list of the best tourism villages. For 2023, 55 villages were recognized by the international organization, which focuses on sustainable tourism, up from 32 last year. The list includes small towns and villages from places as diverse as Mexico, China, Ethiopia, and Italy. There’s no ranking of the villages, and they are all listed in alphabetical order in English. Highlights in EuropeEurope’s selections to the UNWTO list represent a mix of cultural and environmental differences.

Persons: Dhordo, Les Falles, Sant, Al Sela, Jordan • Barrancas, Spain •, Peru •, Egypt •, India •, Korea •, Portugal •, Colombia •, Japan •, Italy • Manteigas, Ecuador •, Pisco, Austria •, Uzbekistan •, • Siwa, Portugal • Anton, Arlberg, Tân, Viet Nam, Hungary •, Moldova • Vila, China • Organizations: CNN, United Nations World Tourism Organization, Asia Dongbaek, UNWTO, UNESCO, Reserve, Spain • Ordino, Andorra • Oyacachi, Schladming, Moldova • Locations: Tokyo, London, Mexico, China, Ethiopia, Italy, Asia, South, Jeju, Shirakawa, Japan, Gifu prefecture, Nagoya, Zhejiang, Dhordo, Rann, Kutch, India, Europe, Spain, Sigüenza, Madrid, Slunj, Croatia, Andorra, Ordino, Sant Pere, Peru, Machu Picchu, Lima, Peruvian, Chacas, Chile, La Carolina, Argentina, Biei, Tortel, Cantavieja, Spain • Chacas, Huantar, Peru • Dahshour, Egypt, Egypt • Dhordo, Republic, Korea, Korea • Douma, Lebanon, Ericeira, Portugal, Portugal • Filandia, Colombia, Huangling, Cánovas, Kandovan, Iran, Lerici, Switzerland, Mosan, Juárez, Oñati, Ecuador, Ecuador • Paucartambo, Peru • Penglipuran, Indonesia, Pisco Elqui, Pozuzo, Saint, Saty, Kazakhstan, Austria, Austria • Sehwa, Korea • Sentob, Uzbekistan, Uzbekistan • Shirakawa, Egypt • Slunj, Sortelha, Viet, Peru • Tokaj, Hungary, Hungary • Văleni, Moldova, Madalena, Portugal • Xiajiang, China • Zapatoca, Colombia • Zhagana

☆ Bob Vila, America’s Favorite Handyman, Asks $52.9 Million For Waterfront Florida Home
▼ + stars: | 2023-11-10 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. Home-improvement guru Bob Vila made a name for himself sharing DIY advice on shows like “This Old House” and “Bob Vila’s Home Again.”

Persons: Bob Vila, Bob Vila’s, ”

Logo of German tyre company Continental is pictured before the annual news conference in Hanover, Germany, March 9, 2021. REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsCompanies Continental AG FollowBERLIN, Nov 8 (Reuters) - Continental (CONG.DE) reported earnings in line with consensus on Wednesday as successful price negotiations, lower inventory and stabilised supply chains enabled it to boost the performance of its automotive business and increase free cash flow. "We still have significant ground to gain in the fourth quarter," Chief Financial Officer Katja Garcia Vila, formerly Dürrfeld, said. Its automotive business, which suffered a loss in the second quarter, was back to profit with an adjusted earnings margin of 2.8% largely down to raising prices and stabilising supply chains. Still, negative currency exchange rates prompted it to adjust the cars business sales outlook slightly downwards to 20 billion euros from 21 billion previously.

Persons: Fabian Bimmer, Katja Garcia Vila, Victoria Waldersee, Miranda Murray, Miral Organizations: Continental, REUTERS, BERLIN, Victoria, Thomson Locations: Hanover, Germany, North America, Europe

☆ Spain rescues 262 migrants off Canary Islands
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

A view of a wooden boat that migrants used, to reach the Canary Islands, at the port of Arguineguin, in the island of Gran Canaria, Spain April 20, 2023. Emergency services said they had brought 103 of the 262 rescued migrants to El Hierro, the westernmost and tiniest of the Canary Islands, which has received more than 1,200 migrants in the last six days alone. "We have even reinforced with volunteer personnel from other islands that perhaps are not suffering the pressure El Hierro is suffering at the moment." The other rescued migrants were taken to Los Cristianos port in Tenerife and Arguineguin in Gran Canaria. The seven islands of the Atlantic archipelago have become the main destination for migrants trying to reach Spain.

Persons: Borja Suarez, Inigo Vila, Vila, El Hierro, Fernando Clavijo, Emma Pinedo, Andrei Khalip, Gareth Jones, Nick Macfie Organizations: Gran Canaria, REUTERS, Rights, European Union, Thomson Locations: Arguineguin, Gran, Spain, Rights MADRID, Spanish, Italy, Atlantic, Madrid, El Hierro, Islands, Tenerife, Gran Canaria, Saharan Africa

☆ Brazil's Bolsonaro to be hospitalized on Monday for two operations
▼ + stars: | 2023-09-11 | by ( Rodrigo Viga Gaier | ) www.reuters.com time to read: +1 min

Brazil's former President Jair Bolsonaro speaks during a Partido Liberal Mulher event at the Legislative Assembly of the state of Sao Paulo, in Sao Paulo, Brazil, May 6, 2023. Bolsonaro said he will undergo procedures to correct a hiatus hernia and a deviated septum. "The third one is for October or November," Bolsonaro told Reuters. The surgeries will take place at the Vila Nova Star hospital in Sao Paulo where Bolsonaro underwent preparatory examinations last month. On Saturday, Brazil's Supreme Court authorized a cooperation deal between one of his former aides and the country's Federal Police.

Persons: Jair Bolsonaro, Carla Carniel, Bolsonaro, Rodrigo Viga Gaier, Peter Frontini, Steven Grattan, David Holmes Organizations: Partido Liberal, Legislative, REUTERS, DE, Reuters, Vila Nova Star, Brazil's, country's Federal Police, Thomson Locations: Sao Paulo, Brazil, DE JANEIRO

☆ ETIAS and Europe's city taxes explained: When, who pays and how much?
▼ + stars: | 2023-08-24 | by ( Julia Buckley | Who Needs Etias Authorization | ) edition.cnn.com time to read: +8 min

The ETIAS visa waiver program will allow entry into EU countries from $7.70. And, of course, citizens of many countries need “real” visas to EU countries – which is not only a costly process, but a time-consuming one, too. ETIAS will join the myriad accommodation and “tourist taxes” that are already charged around Europe. What other tourist taxes are there in Europe? If your ship docks at Barcelona for 12 hours or more you’ll pay 4.75 euros (3 euros regional fee and 1.75 euros city surcharge).

Persons: ETIAS, you’re, They’re, Pretty, Armando Oliveira, iStockphoto, –, you’ll, Vila Real de Santo António, it’s, doesn’t Organizations: CNN, UAE, EU, United States ’, Manchester, Edinburgh, Vila Real de Santo Locations: Europe, United States, United Kingdom, Japan, Singapore, EU, Amsterdam, Wales, Barcelona, Italy, Portugal, Catalonia, Vienna, it’s, Algarve, Faro, Vila, Rome, Venice, Paris, France, Greece, Caribbean, New Zealand

☆ It's official - Pele is now defined as someone 'out of the ordinary'
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +2 min

Earlier this month, the Pele Foundation and Sportv launched the "Pele in the dictionary" campaign to pay tribute and recognise his legacy in other fields besides sport. Having reached more than 100,000 signatures, the name of the former player, who died in December, is now an entry in the dictionary. Examples: He is the Pele of basketball, she is the Pele of tennis, she is the Pele of Brazilian dramaturgy, he is the Pele of medicine". Pele's family was presented with a plaque with the entry and Michaelis has already included it in its digital edition. "The Pele campaign in the dictionary is one of the most original we have ever participated... His name in the dictionary is a very important piece of his legacy that will keep Pele alive forever," said Joe Fraga, executive director of the Pele Foundation.

☆ After twin cyclones leave thousands homeless, Vanuatu takes climate plea to world stage
▼ + stars: | 2023-03-24 | by ( Kirsty Needham | ) www.reuters.com time to read: +2 min

The Pacific island nation's Minister of Climate Change, Ralph Regenvanu, said 119 governments have co-sponsored Vanuatu's resolution, which seeks legal clarity on the obligation of states to take climate change action, and draws attention to the vulnerability of small islands states hit by worsening storms and rising seas. Vanuatu hopes more nations will sign-on before the general assembly debate begins on Wednesday, and it will be passed by consensus, he said. More than 3,000 people are still in evacuation centres three weeks after two category-four cyclones hit Vanuatu, which has a population of 319,000 spread across 80 islands. Vanuatu took up the challenge to seek a legal opinion from the United Nation's top court after a group of Pacific islands university students in 2019 petitioned governments with the idea. Cynthia Houniuhi, President of the Pacific Islands Students Fighting Climate Change, said it was the most ambitious action they could think of.

☆ Fossil fuels are the new nukes: Pacific island nations at risk from rising sea levels support a nonproliferation treaty for oil and gas
▼ + stars: | 2023-03-23 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Leaders from Pacific island nations at risk from the climate crisis gathered last week in Vanuatu. The nations of Vanuatu and Tuvalu support a treaty to limit fossil-fuel use. Public and private financing for fossil fuels is also still greater than investment in climate adaptation and mitigation. Developing countries need financing to reduce dependence on fossil fuels, Berman said. "A fossil-fuel treaty could shift the social norm and make expansion unacceptable within foreign policy," Berman said.

☆ BBVA's chair discusses the company's record profits
▼ + stars: | 2023-02-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBBVA's chair discusses the company's record profitsCarlos Torres Vila, chair of BBVA, discusses its record profits and says he expects lower growth than 2022 "but still growth."

Zelenskyy has called the Russian attacks on infrastructure “energy terrorism” and vowed the assault won’t change the course of the war. People sit in a dark cafe during a blackout after Russian strikes Dec. 29 in Lviv, Ukraine. Company officials believe Russian engineers who know the vulnerable points in Ukraine’s electricity system most likely advised the Russian military on its targeting. Water and cellphonesThe attack on the country’s electricity grid has had a knock-on effect for other infrastructure, including water supplies and mobile phone service. Although the assault on Ukraine’s infrastructure hasn’t damaged Ukraine’s position on the battlefield or broken the country’s will to fight, it has inflicted “huge damage” on the economy, he said.

☆ Execs at Davos are more optimistic than they would have been a month ago, says BBVA chair
▼ + stars: | 2023-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExecs at Davos are more optimistic than they would have been a month ago, says BBVA chairChairman of Spanish bank BBVA, Carlos Torres Vila, says the normalization of the interest rate environment in 2023 will support European banks. He also discussed how recent data was fueling optimism and an increase in non-performing loans was not materializing.

☆ Brazil prepares to bury Pelé in the city he made a soccer mecca
▼ + stars: | 2023-01-03 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

Forty-five years after Pelé played his last game, it’s hard to imagine modern soccer, or Brazil, without him. Pelé will be buried Tuesday in the city where he grew up, became famous, and helped make into a global capital of soccer. The coffin of Brazilian soccer great Pelé is carried Monday to the Vila Belmiro stadium in Santos, Brazil. He made soccer important for Brazil and he made Brazil important for the world,” he said. Pelé led Brazil to World Cup titles in 1958, 1962 and 1970 and remains one of the team’s all-time leading scorers with 77 goals.

☆ Brazil's Lula pays respects to Pele as 150,000 attend stadium wake
▼ + stars: | 2023-01-03 | by ( ) www.reuters.com time to read: +2 min

[1/4] Soccer Football - Death of Brazilian soccer legend Pele - Vila Belmiro Stadium, Santos, Brazil - January 3, 2023 Brazil President Luiz Inacio Lula da Silva is pictured with mourners. Dubbed the 'king of soccer,' Pele played for Santos from 1956 to 1974, scoring more than 1,000 goals. Newly sworn-in President Lula arrived by helicopter on Tuesday morning and stood next to Pele's casket, draped with a Brazilian flag, in the center of the soccer field. "Few Brazilians carried the name of our country as far as he did," Lula said last week after Pele's death. FIFA President Gianni Infantino was one of the first to attend the memorial on Monday and said he would ask football associations around the world to name a stadium after Pele.

☆ In Pictures: Brazilian city of Santos bids farewell to 'king of soccer' Pele
▼ + stars: | 2023-01-02 | by ( Dave Lucas | ) www.reuters.com time to read: 1 min

Former player Ze Roberto and Pele's son Edinho are pictured as pallbearers carry the casket of Brazilian soccer legend Pele to the centre circle of his former club Santos' Vila Belmiro stadium where he will lie in state for 24 hours before his...moreFormer player Ze Roberto and Pele's son Edinho are pictured as pallbearers carry the casket of Brazilian soccer legend Pele to the centre circle of his former club Santos' Vila Belmiro stadium where he will lie in state for 24 hours before his funeral, Santos, Brazil, January 2, 2023. REUTERS/Diego VaraClose

[1/5] A man takes a picture of the vehicle transporting Brazilian soccer legend Pele's body, at the Vila Belmiro stadium in Santos, Brazil, January 2, 2023. "The expectation is huge, the whole world will be here," said local fan Roberto Santos. He was the creator of Brazilian soccer," said fan Antonio da Paz, waiting outside the stadium for the memorial set to begin at 10 a.m. (1300 GMT). Several authorities are expected to attend the memorial, including newly sworn-in Brazilian President Luiz Inacio Lula da Silva, Vice President Geraldo Alckmin - a longtime Santos supporter - and FIFA President Gianni Infantino. "I'll be here all day, 24 hours, from 10 a.m. to 10 a.m.," fan Roberto Santos said.

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