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November 30, 2021

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Flood-hit Canadian province limits fuel, non-essential travel

Reuters
HOPE, British Columbia, Nov 19 (Reuters) – British Columbia imposed temporary restrictions on fuel and non-essential travel on Friday to ease supply chain disruptions and support recovery work after floods and mudslides destroyed roads, houses and left thousands stranded in the western Canadian province. The orders, announced by Deputy Premier......

CMA CGM’s earnings soar on shipping rush

Reuters
A fisherman travels on a boat in front of a CMA CGM container ship passing through the Suez Canal in Ismailia, Egypt July 7, 2021. REUTERS/Amr Abdallah Dalsh Register now for FREE unlimited access to reuters.com Register PARIS, Nov 19 (Reuters) – Shipping group CMA CGM on Friday reported a......

British Columbia sees death toll rising from massive flood; Ottawa pledges aid

Reuters
ABBOTSFORD, British Columbia, Nov 17 (Reuters) – The death toll from massive floods and landslides that devastated parts of British Columbia is set to rise, with the Canadian province declaring a state of emergency on Wednesday and the federal government promising major help. Authorities have confirmed one death after torrential......

Canada floods cut rail link to Vancouver port; one dead

Reuters
MERRITT, British Columbia, Nov 16 (Reuters) – Floods and landslides that have killed at least one person have cut all rail access to Canada’s largest port in the city of Vancouver, a spokesperson for the port said on Tuesday. Two days of torrential rain across the Pacific province of British......

Boeing says in advanced talks to sell 777X freighters

Reuters
The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo DUBAI, Nov 13 (Reuters) – Boeing (BA.N) is in advanced discussions to sell a proposed new freighter version of its 777X passenger plane, a top......

Some financial backers bail on shipping companies as investors shun coal

Reuters
LONDON, Nov 12 (Reuters) – Shipping companies that transport the world’s coal are in the crosshairs of some financial backers who are cleaning up their businesses in the absence of a truly global drive by nations to renounce the dirtiest fossil fuel. In a sign of investors taking the initiative,......

Gasoline, auto retailing boost U.S. producer prices

Reuters
Producer prices increase 0.6% in October PPI rises 8.6% year-on-year Core PPI shoots up 0.4%; gains 6.2% year-on-year WASHINGTON, Nov 9 (Reuters) – U.S. producer prices increased solidly in October, driven by surging costs for gasoline and motor vehicle retailing, suggesting that high inflation could persist for a while amid......

From Boeing to Mercedes, a U.S. worker rebellion swells over vaccine mandates

Reuters
AUSTIN/SEATTLE, Nov 2 (Reuters) – In Wichita, Kansas, nearly half of the roughly 10,000 employees at aircraft companies Textron Inc (TXT.N) and Spirit AeroSystems (SPR.N) remain unvaccinated against COVID-19, risking their jobs in defiance of a federal mandate, according to a union official. “We’re going to lose a lot of......

SoftBank-backed Indian logistics startup Delhivery files for $997 mln IPO

Reuters
BENGALURU, Nov 2 (Reuters) – SoftBank Group (9984.T)-backed Indian logistics firm Delhivery has filed for an initial public offering of up to 74.6 billion rupees ($997.33 million), joining a long list of startups that have tapped the capital market this year. The filing comes on the heels of several public......

Flow of goods through Panama Canal hits record

Reuters
PANAMA CITY, Oct 28 (Reuters) – The Panama Canal moved more than a half a billion tonnes of goods over the last year, the canal’s top official said on Thursday, marking a record high for the key global waterway as international trade picked up. Ricaurte Vasquez, the Panama Canal Authority’s......

U.S. traffic deaths soar 18% in 2021 to highest first half since 2006

Reuters
Heavy traffic is seen on the George Washington Bridge from New Jersey to New York, as seen from Fort Lee Historic Park, New Jersey, U.S. March 31, 2021. REUTERS/Eduardo Munoz/File Photo WASHINGTON, Oct 28 (Reuters) – U.S. traffic deaths soared by 18.4% in the first six months of 2021 from......

Mighty river to muddy trickle: South America’s Parana rings climate alarm

Reuters
Parana has retreated to lowest level in 77 years River is vital for commercial shipping and fishing Grain transport snarled in Argentina and Paraguay CHARIGUE, Argentina, Oct 27 (Reuters) – Gustavo Alcides Diaz, an Argentine fisherman and hunter from a river island community, is at home on the water. The......

Wall Street closes at record but Facebook weighs

Reuters
GE rises on lifting 2021 earnings forecast UPS jumps as results beat on e-commerce demand Dow up 0.04%, S&P 500 up 0.18%, Nasdaq up 0.06% NEW YORK, Oct 26 (Reuters) – U.S. stock indexes closed modestly higher on Tuesday, with the Dow Industrials and S&P 500 hitting fresh records, and......

Airbus fends off growing revolt over jet output plans

Reuters
A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit Tessier PARIS/WASHINGTON, Oct 26 (Reuters) – Airbus (AIR.PA) was forced for the second time in as many days to defend sharp increases in production, after one its engine makers......

Container ship fire off British Columbia smoldering, no longer spreading

Reuters
Victoria, BRITISH COLUMBIA, Oct 24 (Reuters) – A container fire that broke out on Saturday on a cargo ship carrying mining chemicals off British Columbia is smoldering and appears to be under control, Canadian Coast Guard officials said on Sunday. Sixteen crew members were evacuated from the MV Zim Kingston......

U.N. aid chief to Ethiopia on famine in Tigray: ‘Get those trucks moving’

Reuters
The United Nations’ new Under-Secretary-General for humanitarian affairs Martin Griffiths addresses a news conference on the humanitarian crisis in Tigray after visiting the region, in Addis Ababa, Ethiopia, August 3, 2021. REUTERS/Tiksa Negeri/File Photo UNITED NATIONS, Sept 28 (Reuters) – United Nations aid chief Martin Griffiths said on Tuesday he......

Oman Air seeks oneworld alliance membership

Reuters
DUBAI, Sept 26 (Reuters) – State-owned Oman Air announced on Sunday its intention to apply to join the oneworld global airline alliance and said it had asked fellow Gulf carrier and member Qatar Airways to help it. Oman Air said it had approached Qatar Airways, whose chief executive Akbar Al......

Britain has 10 days to save Christmas, retail sector says

Reuters
Retail industry warns of significant disruption Queues form at some petrol stations – Reuters reporters Britain to boost HGV driver testing British ministers to meet on easing rules Hauliers: there is no quick fix LONDON, Sept 24 (Reuters) – Britain’s retail industry warned the government on Friday that unless it......

Greece tests drone drug delivery for remote regions

Reuters
TRIKALA, Greece, Sept 21 (Reuters) – Greece on Tuesday tested a drone to deliver medicines to isolated places in an environmentally friendly way, sending the unmanned vehicle to a 200-person village. The red drone with four rotor blades took off from the northwestern Greek city of Trikala and flew 3......

Prince Andrew is served sexual assault lawsuit in United States

Reuters
NEW YORK, Sept 21 (Reuters) – Britain’s Prince Andrew has been served with a sexual assault lawsuit in the United States by lawyers for a woman who says she was forced to have sex with him at the London home of a friend of convicted sex offender Jeffrey Epstein, court......

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