flash

Leonia Police Respond to Flash Flooding, Rescue Stranded Motorists

LEONIA, NJ—Following heavy rainfall on August 6th, Leonia experienced significant flash flooding that left numerous motorists trapped in their vehicles. The Leonia Police Department responded to multiple incidents, including a notable rescue captured in a video featuring Sgt Ray Forsdahl, Det Erik Goodell, and PO John Longo assisting a driver to safety. The police department is using this incident as a reminder to the public about the dangers of driving on flooded roadways. They advise that just 12 inches of rain can sweep a vehicle off the road. The slogan “turn around, don’t drown” is being emphasized to encourage drivers

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Flash Flood Warning Issued for Roanoke County and Surrounding Areas

ROANOKE COUNTY, VA — The National Weather Service in Blacksburg has issued a Flash Flood Warning for Roanoke County, the City of Roanoke, and the City of Salem, effective until 1:30 a.m. EDT on Friday, August 9. As of 5:32 p.m. EDT, Doppler radar detected bands of heavy rain moving through the warned area, with rainfall totals of 2 to 2.5 inches reported over the past few hours. Additional rainfall of 1.5 to 2.5 inches is expected, with rainfall rates of 1 to 2 inches per hour as the storm continues to move from the east. Flash flooding is either

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New Jersey Man Charged for Assault with USB Flash Drive

TEANECK, NJ – The Teaneck Police Department, led by Chief Andrew R. McGurr, announced the arrest of Camwren Cole on charges of assault and weapons possession. The incident occurred in the early hours of Saturday, when police were called to a residence on Kipp Street due to a physical altercation between two men. The arrest followed an investigation that included witness interviews, revealing Cole had used a small metal object, later identified as a USB flash drive, to cause lacerations to the victim’s neck and arm. The victim received on-site treatment from the Teaneck Volunteer Ambulance Corps but declined further

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Canada December factory sales most likely fell 0.6% -Statscan flash estimate

OTTAWA (Reuters) – Canadian factory sales most likely fell 0.6% in December from November, largely due to decreases in the transportation equipment and chemical product subsectors, Statistics Canada said in a flash estimate on Thursday. The estimate was calculated based on a weighted response rate of 65.4%. The average weighted response rate for the survey over the previous 12 months has been 94.2%. NOTE: All figures are seasonally adjusted. (Reporting by Promit Mukherjee; Editing by Dale Smith)

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Marketmind- Nikkei rally is no flash in Japan

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. South Korea delivers its latest interest rate decision on Thursday with the main focus being policymakers’ signal as to when the rate-cutting cycle begins, while Japanese stocks continue to ride the crest of an increasingly bullish wave. The latest figures for Thai consumer sentiment, Malaysian industrial production, Australian trade and Japan’s foreign exchange reserves are also out on Thursday, ahead of the most significant event for global markets this week – U.S. inflation. Japanese markets, if not the rest of the region, are poised to open

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French business activity contracts more than expected in December -flash PMI

PARIS (Reuters) – French business activity declined faster than expected in December, a survey showed on Friday, as demand for goods and services in the euro zone’s second-biggest economy deteriorated further. The HCOB France flash Purchasing Managers Index (PMI) for the country’s dominant services sector, compiled by S&P Global, came in at 44.3 points in December, a 37-month low. The index has now stayed below the 50 level that marks growth in activity for seven months running. A Reuters poll forecast for the December flash services PMI stood at 46.0 and the final November figure was at 45.4 The flash

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French business activity contracts again in November -flash PMI

By Sudip Kar-Gupta PARIS (Reuters) – French business activity contracted in November, according to a monthly survey, as demand for goods and services in the euro zone’s second-biggest economy deteriorated. The HCOB France flash purchasing managers index (PMI) for the services sector in November, compiled by S&P Global, came in at 45.3 points. This was marginally better than 45.2 points in October but below the 50 points level indicating a contraction in activity. It was also below a Reuters poll forecast for a November flash services PMI of 45.6 points. The flash manufacturing PMI for November fell to 42.6 points

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Sickening: Pro-Palestinian Protesters in NYC Flash Pictures of Dead Children To Jewish Supporters

NEW YORK CITY, NY – A video of pro-Palestinian protesters flashing photos of dead children, killed at the hands of the Hamas terrorist organization this weekend has gone viral. The video shows a scene from a pro-Palestinian rally held this weekend in New York City and a pro-Israeli counter-protest. During the verbal clashing, Palestinian supporters are seen scouring their mobile phones to find photos of children killed by Hamas in Israel, then flashing those photos in clear sight of distraught Jewish and Israeli supporters. “Here in NYC, Pro Hamas and Palestinian supporters were showing videos of dead children in Israel

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New York Governor Hochul Calls Flash Floods “New Normal” Amid Climate Change Concerns

NEW YORK, NY – Torrential rains led to flash flooding in New York City, a situation Governor Kathy Hochul described as the “new normal” in the era of climate change. The city is in recovery mode following one of its most waterlogged days on record. Close to eight inches of rain inundated parts of the city, even allowing a sea lion at Central Park Zoo to momentarily escape her pool. By Saturday midday, immediate flood risks had diminished, but Brooklyn’s municipal hospital announced evacuations due to a power outage. NYC Health + Hospitals/Woodhull transitioned to backup power following Friday’s outage

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Flash Floods Engulf New York City, Disrupting Commute and Daily Life

NEW YORK, NY – Sudden torrential downpours brought flash flooding to New York City on Friday, halting subway services, flooding apartments, and transforming streets into mini-lakes. The storm system dumped nearly eight inches of rain in some areas, prompting New York Governor Kathy Hochul to declare a state of emergency for New York City, Long Island, and the Hudson Valley. National Guard troops were deployed to aid in emergency responses. In the Westchester County suburb of Mamaroneck, rescue operations were conducted using inflatable rafts to save people stranded by the floods. The Metropolitan Transportation Agency announced major disruptions to both

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France’s services sector contracts sharply in September – flash PMI

PARIS (Reuters) – France’s dominant services sector contracted at an even sharper pace in September, a monthly survey showed on Friday, as falls in demand and new orders weighed on the euro zone’s second-biggest economy. The HCOB France flash purchasing managers index (PMI) for the services sector, compiled by S&P Global, fell to a 34-month low of 43.9 points in September from a final 46.0 in August and well below a Reuters forecast of an unchanged level. That is the lowest since the 38.0 points recorded in November 2020, when France was in the midst of its second COVID-19 induced

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Canada July wholesale trade most likely rose 1.4% -Statscan flash estimate

OTTAWA (Reuters) – Canadian wholesale trade most likely rose 1.4% in July from June, largely due to higher sales in the motor vehicle and motor vehicle parts and accessories as well as the building material and supplies subsectors, Statistics Canada said in a flash estimate on Friday. The estimate was calculated based on a weighted response rate of 58.1%. The average weighted response rate for the survey over the previous 12 months has been 77.9%. (This story has been corrected to change the month to July from June in headline) (Reporting by Ismail Shakil in Ottawa; Editing by Dale Smith)

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Marketmind: ‘Flash’ business funk and AI buzz

A look at the day ahead in U.S. and global markets from Mike Dolan A combination of worrying August business soundings from Europe and market buzz about chipmaker Nvidia’s earnings later on Wednesday set world stocks on course for a third straight daily gain for the first time this month. While signs of an alarming second month in a row of euro zone business contraction from early flash readings of monthly surveys is hardly good news, it has served to take more heat out of restive bond markets by flagging a cooling of global demand. Equivalent U.S. surveys are due

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UK economy stumbles but price pressures remain high -flash PMI

LONDON (Reuters) – Britain’s economy showed signs of a slowdown this month but inflation pressures stayed high, according to a survey published a day after the Bank of England raised interest rates sharply and said it was ready to do more to tame price growth. S&P Global’s Composite Purchasing Managers’ Index (PMI) – covering businesses in the services and manufacturing sectors – dropped to a three-month low of 52.8 in June, a preliminary reading showed on Friday, down from 54.0 in May and hit by the weakest growth in new orders since January as factories suffered. Chris Williamson, chief business

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German services sector growth eases in June, manufacturing slumps -flash PMI

BERLIN (Reuters) – German business activity slowed notably this month as growth in the services sector decelerated and a slump in manufacturing deepened, a preliminary survey showed on Friday. The HCOB German Flash Composite Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 50.8 in June from 53.9 in May, below analysts’ expectations for a reading of 53.5. Although the indicator was above the 50 level that marks growth in activity, the latest reading signalled a sharp slowdown in the rate of expansion to a four-month low. The index tracks the services and manufacturing sectors, which together account for

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Canada April factory sales most likely down 0.2% – Statscan flash estimate

OTTAWA (Reuters) – Canadian factory sales most likely fell 0.2% in April from March, largely driven by the food and primary metal industries, Statistics Canada said in a flash estimate on Thursday. The estimate was calculated based on a weighted response rate of 68.6%. The average weighted response rate for the survey over the previous 12 months has been 94.4%. NOTE: All figures are seasonally adjusted. (Reporting by Steve Scherer, editing by Dale Smith)

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French business activity grows at slowest pace in four months in May – flash PMI

PARIS (Reuters) – French business activity expanded at is slowest pace in four months in May, a survey showed on Tuesday, as manufacturing continued to contract and growth in the dominant services sector decelerated. The HCOB Purchasing Managers Index (PMI) flash reading for France’s services sector in May, compiled by S&P Global, stood at 52.8 points, down from 54.6 in April and lagging forecasts for a reading of 54.0 points. Any figure above 50 points marks an expansion in activity, while a reading below 50 signals a contraction. The HCOB flash PMI for manufacturing showed a decline in activity but

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Services drive acceleration in German business activity in April – flash PMI

BERLIN (Reuters) – German business activity expanded for a third month running in April, boosted by a services sector revival that more than offset a manufacturing decline in Europe’s largest economy, a preliminary survey showed on Friday. The HCOB German Flash Composite Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to a 12-month high of 53.9 in April from 52.6 in March, surpassing analysts’ expectations for a reading of 52.7. April was the third month in a row that the indicator was above the 50 level that marks growth in activity, after seven consecutive months below the threshold. The

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French business activity strengthened in March -flash PMI

By Sudip Kar-Gupta PARIS (Reuters) – French business activity strengthened in March by more than forecast, a monthly survey showed on Friday, as the euro zone’s second-biggest economy benefited from growth in its dominant services sector. S&P Global said its flash reading for the March purchasing managers’ index (PMI) for France’s services sector stood at 55.5 points, up from 53.1 in February and also beating forecasts. Analysts polled by Reuters had forecast a reading of 52.5 points for the flash March services PMI. Any number above 50 points denotes an expansion in activity, while below 50 shows a contraction. S&P

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Market stress indicators flash warnings as banking worries continue

(Reuters) – Fears of a global banking crisis are continuing to swirl, with investors keeping a close eye on a dashboard of indicators that show how stress is rippling through markets and the banking system. Many of these are continuing to flash warnings, though they have not surpassed levels seen during the COVID-19-fueled market turbulence of 2020. Despite a state-backed takeover of Credit Suisse by UBS AG, a wipeout of some Credit Suisse bondholders has added to concerns over broader bank capital. Uncertainty around U.S. banks remains high as well. Shares of embattled regional lender First Republic Bank were down

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Irish inflation ticks back up to 8% in February – flash estimate

DUBLIN (Reuters) – Annual Irish inflation ticked back up to 8% in February from 7.5% a month earlier, according to a flash estimate of the EU’s Harmonised Index of Consumer Prices (HICP), Ireland’s Central Statistics Office (CSO) said on Wednesday. Consumer prices were 1.4% higher month-on-month, the CSO added, after food prices rose by an estimated 1.2% and energy prices fell by 0.2% on a monthly basis. Excluding energy, the HICP is estimated to have grown by 5.8% since February 2022, the CSO said. Finance Minister Michael McGrath said last week that he expected Irish inflation to average between 4%

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Marketmind: Flash in Japan

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. All eyes on Friday – not just in Asia but around the world – will be fixed on Japan, specifically the latest inflation figures and the first of two parliamentary confirmation hearings from incoming Bank of Japan Governor Kazuo Ueda. The importance of Japan on global market flows and pricing cannot be overstated. Japan is the world’s largest creditor nation and a chunk of the trillions of dollars Japanese investors have invested overseas could be repatriated if domestic monetary policy is tightened. Bouts

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German business activity back to growth after eight months -flash PMI

BERLIN (Reuters) – German business activity returned to growth for the first time in eight months in February thanks to easing supply bottlenecks and improved underlying demand, a preliminary survey showed on Tuesday. S&P Global’s flash composite Purchasing Managers’ Index (PMI) rose to 51.1 in February from 49.9 in January, beating analysts’ expectations of a reading of 50.4. February was the first time since June that the indicator was above the 50 level that marks growth in activity. The index tracks the services and manufacturing sectors which together account for more than two-thirds of Europe’s biggest economy. The services sector

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French economy moves back into growth territory in February -flash PMI

By Sudip Kar-Gupta PARIS (Reuters) – French economic activity grew in February for the first time since October, helped by a slight easing in inflationary pressures and strength in the jobs market, a survey showed on Tuesday. S&P Global said its flash reading for the purchasing managers’ index (PMI) for France’s dominant services sector stood at 52.8 points in February, up from 49.4 in January. Any figure above 50 points shows an expansion in activity. Analysts polled by Reuters had forecast a reading of 49.9 points for the February flash services PMI. By contrast, the flash February PMI figure for

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Marketmind: It’s flash PMI time

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Flash purchasing manager index reports from Japan and Australia on Tuesday will give an insight into how two of Asia’s biggest economies are performing, as trading volumes return to normal after U.S. markets were closed for Presidents Day. The U.S. market holiday on Monday allowed the spotlight to shift to geopolitics – President Joe Biden made an unannounced visit to Kyiv ahead of the one-year anniversary of Russia’s invasion of Ukraine, U.S. Secretary of State Antony Blinken warned China of consequences should it

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