By Arathy Somasekhar HOUSTON (Reuters) – U.S. fuel supplies are “unacceptably” at or near 5-year lows amid hurricane threats and the oil industry must do more to address prices and…
By Isabel Kua and Florence Tan SINGAPORE (Reuters) -Global aviation fuel demand is expected to fully recover to pre-pandemic levels of 300 million tonnes per year in the next one…
(Refiles to add dropped letter in CEO’s name) By Chayut Setboonsarng BANGKOK (Reuters) – Asian tourists are only expected to resume international travel at pre-pandemic levels gradually, by 2024, the…
BERLIN (Reuters) – Russia’s economy is not likely to return to pre-war levels before the end of this decade as the Ukraine war and stricter sanctions worsen long-standing economic deficiencies,…
By Marcelo Teixeira NEW YORK (Reuters) – Sales by branded coffee shops in the United States increased 10% in the 12 months to June 2022 to reach $45.8 billion, a…
By Nelson Banya (Reuters) – South African authorities shut down the Jagersfontein diamond tailings dam in 2020 due to high water levels before allowing it to reopen last year, a…
BERLIN (Reuters) – Lufthansa Chief Executive Carsten Spohr said on Monday that flight prices will never return to where they were before the pandemic, forecasting stable or increasing prices in…
MUMBAI (Reuters) – India reported on Friday that its trade deficit narrowed slightly to $28.7 billion in August from a record high of $30 billion in the previous month. Here…
(Reuters) – Demand for power is approaching record levels in California amid soaring temperatures, prompting the state grid operator to step up its calls for consumers to reduce electricity use…
MEXICO CITY (Reuters) – Mexico’s economy is forecast to finally claw its way back to pre-pandemic levels sometime next year, ratings agency Fitch Ratings said on Friday, after COVID-19 ground…
By Doyinsola Oladipo NEW YORK (Reuters) – The number of people traveling for the U.S. Labor Day holiday weekend is expected to rebound to pre-pandemic levels and possibly set new…
By Nathan Gomes (Reuters) – Flight cancellations and delays by U.S. airlines in the first seven months of the year have surpassed the comparable 2019 period, data showed, as staff…
By Tristan Chabba and Jagoda Darlak (Reuters) -Swiss duty-free retailer Dufry said on Tuesday it saw strong sales momentum continue in July despite the soaring inflation, after its turnover more…
U.S. Foreclosure Starts up 219 Percent in First Six Months of 2022; 96 Percent of Major Metro Areas Saw an Annual Increase in Foreclosure Filings; Foreclosure Rates Highest in Illinois,…
JERUSALEM – Flag carrier El Al Israel Airlines reached a collective agreement with its pilots to restore their salaries to pre-COVID pandemic levels and end months of labour action that…
EXCLUSIVE: CBP Chief Tries To Reassure The Rank-And-File As Agency Levels Charges Against ‘Whipgate’ Agents Jennie Taer on July 8, 2022 U.S. Customs and Border Protection (CBP) Chief Chris Magnus…
By Anna Ringstrom STOCKHOLM – Warehouses for IKEA stores in Europe are as full as they were before the pandemic after an easing of transport bottlenecks in the region, the…
(Reuters) – Russia’s economy may need a decade to return to the pre-sanctions levels of 2021, the chief executive of the country’s top bank Sberbank said on Friday, as economic…
CHICAGO – United Airlines Chief Executive Scott Kirby on Wednesday said air fares are returning to normal levels following the pandemic lows and there is “not a hint of evidence”…
By Caroline Valetkevitch NEW YORK – Wall Street strategists expect U.S. stocks to end 2022 above current beaten-down levels but some warned of turbulence on concerns inflation and aggressive interest…
Biden Admin Says Oil Production Is At Historic Levels. But There’s One Problem Thomas Catenacci on April 29, 2022 Domestic crude oil production has sharply decreased for three consecutive months…
(Reuters) – The Russian rouble extended gains in early Moscow trade on Thursday, supported by month-end tax payments that led to increased conversion of foreign currency into roubles, while stock…
BOGOTA – Poverty levels in Colombia fell last year versus 2020, amid an economic recovery in the Andean country, but have yet to return to levels seen before the coronavirus…
RIO DE JANEIRO – Brazil’s shopping mall sector is expected to grow 10% this year compared to 2019, before the COVID-19 pandemic, said Jose Isaac Peres, mall operator Multiplan’s chief…
By Gabriel Burin BUENOS AIRES – Brazil’s real will keep trading close to its pre-pandemic levels in coming weeks, still riding a wave of positive sentiment that is strikingly at…