Tag: Oil

2/2 © Reuters. FILE PHOTO: A man walks back to his home after sharing fuel with his neighbors, to use for their generator, in the aftermath of Hurricane Ida in Cut Off, Louisiana, U.S., August 30, 2021. REUTERS/Adrees Latif/File Photo 2/2 (Reuters) – Hurricane Ida’s toll rose to 12 storm deaths in Louisiana on Saturday,…

Vermont is offering people $7,500 to relocate to the state and work in its most in-demand jobs as it looks to ease the labor crunch.To be eligible for the grant, out-of-staters must have moved to Vermont on or after July 1, 2021, and become a full-time employee of a Vermont employer in a role that…

© Reuters. FILE PHOTO: People decorate their houses with lanterns and lights during Diwali, the Hindu festival of lights, in Noida on the outskirts of New Delhi, India, November 14, 2020. REUTERS/Adnan Abidi By Shrutee Sarkar BENGALURU (Reuters) – The sizzling pace of house price rises in most major world housing markets since the pandemic…

2/2 © Reuters. Women walk in the rain as Hurricane Ida makes landfall in Louisiana, in New Orleans, Louisiana, U.S. August 29, 2021. REUTERS/Marco Bello 2/2 By Devika Krishna Kumar and Peter Szekely NEW ORLEANS (Reuters) -Nearly all of Louisiana lost electrical power on Monday after one of the most powerful hurricanes to strike the…

© Reuters. FILE PHOTO: A man wearing a protective face mask, following an outbreak of the coronavirus, talks on his mobile phone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan, February 26, 2020. REUTERS/Athit Perawongmetha/File Ph By Alun John HONG KONG (Reuters) – Asian shares started the week…

(Corrects dateline to Aug 29, no change to story text) BEIJING (Reuters) -China Petroleum & Chemical Corp on Sunday reported a 39.15 billion yuan ($6.05 billion) net profit for the first six months of 2021 on the back of renewed fuel demand and a rebound in oil prices amid a recovery from the impact of…

Hurricane Ida made landfall in Port Fourchon, Louisiana, on August 29, the same day Hurricane Katrina struck the area 16 years ago.It currently has maximum sustained winds of 145 mph, making it a Category 4 hurricane. The storm surge could reach as high as 16 feet from Port Fourchon to the mouth of the Mississippi…

SAN FRANCISCO (AP) — A $100 million fix to stop a San Francisco luxury high-rise from sinking and tilting even more is on hold while engineers try to learn why the building has sunk another inch (2.5 centimeters) during the repair.Doug Elmets, spokesman for the Millennium Tower, said in a statement that pile installation to…

© Reuters. FILE PHOTO: The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York City, New York, U.S., January 16, 2019. REUTERS/Carlo Allegri/File Photo (Reuters) – A stellar U.S. corporate earnings season is expected to lift the S&P 500 by another 8% through the end of the year, analysts…

(Reuters) – Borrowings by U.S. companies for capital investments rose 9% in July from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday. The companies signed up for $9.9 billion in new loans, leases and lines of credit last month, up from $9.1 billion a year earlier. However, borrowings fell 5%…