Flash flooding forces evacuations in Maryland as dam levels rise
WESTERNPORT, Md. — Flash flooding in Allegany County prompted widespread evacuations, including at least three schools, as emergency responders from across three states assisted with ongoing water rescues late Tuesday. The Allegany…
U.S. coffee chains’ sales rise 10% to near pre-pandemic levels -report
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 value that…
Troubled South African tailings dam had history of high water levels
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 company official…
Lufthansa CEO says ticket prices won’t return to pre-pandemic levels
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 future. Tickets…
India’s August trade deficit eases from record levels
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 are the…
California ISO says power demand reaching record levels amid heat wave
(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 in the…
Mexico’s economy seen reaching pre-pandemic levels in 2023, lagging peers -Fitch
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 the global…
U.S. Labor Day weekend travel volumes seen rebounding to pre-pandemic levels
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 records in…
U.S. flight cancellations, delays this year surpass 2019 levels – data
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 shortages and…
Dufry’s turnover more than doubles as sales inch towards 2019 levels
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 than doubled…
INCREASED FORECLOSURE ACTIVITY IN FIRST SIX MONTHS OF 2022 APPROACHES PRE-COVID LEVELS
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, New Jersey,…
Israel’s El Al to restore pilots’ salaries to pre-COVID levels
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 led to…
EXCLUSIVE: CBP Chief Tries To Reassure The Rank-And-File As Agency Levels Charges Against ‘Whipgate’ Agents
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 promised discontented…
IKEA’s stocks back at 2019 levels in Europe as transport bottlenecks ease
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 retail manager…
Russian economy may need a decade to return to pre-sanctions levels, Sberbank says
(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 curbs have…
United Airlines CEO says air fares are returning to normal levels
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” that rising…
After rocky period, U.S. stocks will end year up from current levels: Reuters poll
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 rate rises…
Biden Admin Says Oil Production Is At Historic Levels. But There’s One Problem
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 even as…
Rouble climbs to March 2020 levels vs euro, stocks up
(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 indexes posted…
Colombia poverty declined in 2021, but still above pre-pandemic levels
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 pandemic, the…
Brazil’s Multiplan CEO expects shopping center sector to surpass pre-pandemic levels
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 executive on…
Brazil real to keep close to pre-pandemic levels despite feeble economy: Reuters poll
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 odds with…
Spain expects Easter bounce to lift tourism to 80% of pre-COVID levels
MADRID – Spain expects international tourist arrivals to reach 80% of pre-pandemic volumes in the second quarter as northern Europeans shrug off concerns over the Ukraine conflict and return en masse for…
Saudi Arabia may raise May crude prices to Asia to new record levels
(Corrects to insert dropped word in 3rd paragraph) By Florence Tan SINGAPORE – Top oil exporter Saudi Arabia is expected to raise crude prices to Asia in May to new highs, tracking…
Exclusive-Mexico flared record levels of gas in 2021 -study
By Stefanie Eschenbacher MEXICO CITY – Flaring by the energy sector in Mexico hit record levels last year while the number of sites where gas is burnt off also rose despite government…
Animal Food Contraband from China Remains at Record Levels at LA/LB Seaport
A CBP agriculture specialist inspects a shipmentof prohibited meat products. LOS ANGELES—The seizures of prohibited meat products from China continue at levels never seen before at the Los Angeles/Long Beach seaport. Just…
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