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A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. Markets have seen some seismic shifts in recent weeks after being forced to adjust to the 'higher for longer' mantra propagated by major central banks. "I don't think we're back to the point where these central banks will start tightening again..but if you are a central banker, especially of an oil importing country, you do become more cautious." On the other hand, a select number of central banks in emerging markets were still in hiking mode. Turkey, which is struggling with inflation pressures and a currency that is sliding from one record low to the next, delivered another bumper 500 bps rate hike.
Persons: Heiko Becker, Bjoern, Kaan Nazli, Neuberger Berman, Karin Strohecker, Sumanta Sen, Christina Fincher Organizations: European Central Bank, REUTERS, U.S . Federal Reserve, Bank of England, ECB, DWS, Reuters, Thomson Locations: Frankfurt, Germany, Central, America, Europe, Sweden, Norway, Australia, Canada, Japan, Brazil, Chile, Poland, Hungary, Turkey, Russia, Thailand, London, Mumbai
The annular solar eclipse will begin in the United States at 9:13 a.m. PT (12:13 p.m. When the moon crosses between Earth and the sun during an annular solar eclipse, a signature "ring of fire" of sunlight is still visible. To view the annular eclipse, wear certified eclipse glasses or use a handheld solar viewer. Eclipse glasses are necessary to safely view the entirety of an annular solar eclipse. The next eclipseA total solar eclipse will be visible in parts of Mexico, Canada and more than 10 US states on April 8, 2024.
Persons: , Peg Luce, Kelly Korreck, , ” Korreck, “ It’s, Alex Lockwood, you’re, Prince Edward Island, Aroh Barjatya, ” Barjatya Organizations: CNN, Division, NASA, Science, Embry, Riddle Aeronautical University, Amateur Locations: North, Central, South America, United States, Oregon, Texas, Gulf, Oregon , Nevada , Utah, New Mexico, California , Idaho , Colorado, Arizona, Mexico, Belize, Honduras, Panama, Colombia, Natal, Brazil, Alaska, Albuquerque , New Mexico, Kirbyville , Texas, White Sands , New Mexico, Canada, Ocean, North America, Texas , Oklahoma , Arkansas , Missouri , Illinois , Kentucky , Indiana , Ohio, Pennsylvania, New York , Vermont , New Hampshire, Maine, Ontario, Quebec , New Brunswick, Prince, Nova Scotia, Newfoundland, Florida
According to preliminary results released by Slovakia’s Statistical Office at 6 a.m. local time, Robert Fico’s populist SMER party won 23.3% of the vote. While in opposition, Fico became a close ally of Hungary’s Prime Minister Victor Orban, especially when it came to criticism of the European Union. Fico previously served as Slovakia’s prime minister for more than a decade, first between 2006 and 2010 and then again from 2012 to 2018. Kuciak reported on corruption among the country’s elite, including people directly connected to Fico and his party SMER. In the Czech Republic, which used to form one country with Slovakia, 71% of people blame Russia for the war.
Persons: Robert Fico’s, Fico, upend, Peter Pellegrini, Hlas, , Pellegrini, Slovakia “, , Vladimir Putin, Putin, Victor Orban, Orban, Jan Kuciak, Martina Kušnírová, Kuciak, Věra Jourová, GlobSec, Organizations: CNN, Kremlin, NATO, Slovakia’s, SMER, Progressive, Ukrainian, Ukraine, European Union, Russia, Hungary’s, European, Justice, Kyiv Locations: Slovakia, Ukraine, Progressive Slovakia, Slovak, Kyiv, Brussels, Russia, Bratislava, Baltic, Czech Republic, States
With an annular solar eclipse coming up on Oct. 14, 2023 and a total solar eclipse gracing the sky on April 8, 2024, there are opportunities to see some awesome astronomical beauty. If you’re planning on capturing the moment in a photo or want an even better view, check out the best cameras, solar filters, binoculars and telescopes recommended by seasoned eclipse-goers. Eclipse glassesRainbow Symphony Solar Eclipse Glasses, 5 Pack $7 at AmazonThe Eclipser American Paper Optics Eclipse Glasses, 5 Pack $11 at AmazonThousand Oaks Optical Solar Eclipse Glasses, 10 Pack $15 at AmazonNathaniel Paust, a former professor at Whitman College whose research focuses on the evolution of stars in globular clusters, says there’s really only one thing you need to view a solar eclipse: a pair of glasses with solar eclipse filters. Espenak recommends eclipse glasses from American Paper Optics, Rainbow Symphony and Thousand Oaks Optical. Get more specific information based on where you are when you input your location to the Time and Date Annular Solar Eclipse Countdown.
Persons: Bellamy Richardson, Fred Espenak, , you’re, Amazon Nathaniel Paust, there’s, ” Paust, Espenak, it’s, Paust, , Donald W, Olson, Nicole Montillaro, Emily Levesque’s “, Donald Olson, Stephen Hawking Organizations: Goddard Space Flight, Amazon, Whitman College, Symphony, , Sony, Canon, Nikon, American Astronomical Society, Daystar, NASA Locations: Celestron, North, Central, South America, Oregon, Texas, U.S, Dallas , Texas, Caribou , Maine
Ukraine shoots down 30 drones over south, centre, officials say
  + stars: | 2023-09-30 | by ( ) www.reuters.com   time to read: +1 min
A Russian drone is seen during a Russian drone strike, which local authorities consider to be Iranian made unmanned aerial vehicles (UAVs) Shahed-136, amid Russia's attack on Ukraine, in Kyiv, Ukraine October 17, 2022. REUTERS/Roman Petushkov/File Photo Acquire Licensing RightsSept 30 (Reuters) - Ukraine's air force shot down 30 out of 40 Iranian-made "Shahed" drones launched by Russia in an overnight attack on central and southern regions, regional and military officials said on Saturday. The South Military command said that 20 drones were shot down in the central Vinnytsia region and another 10 over the Odesa and Mykolaiv regions in the south. Serhiy Borzov, the Vinnytsia regional governor, said that an infrastructure facility was hit in the region, causing a powerful fire. Regional authorities also said that three people were injured in the southern Kherson region which is close to the frontlines and frequently comes under artillery shelling.
Persons: Natalia Humeniuk, Moscow, Serhiy Borzov, Olena Harmash, William Maclean Organizations: REUTERS, Military, Thomson Locations: Russian, Ukraine, Kyiv, Russia, Vinnytsia, Mykolaiv, Odesa, Kherson
The U.S. State Department considers Tamaulipas, where the two cities are located, to be the most dangerous state along the U.S.-Mexico border. Tens of thousands of people a day are competing for 1,450 slots, according to U.S. Customs and Border Protection (CBP). U.S. authorities temporarily suspended CBP One appointments in June in another Tamaulipas border city, Nuevo Laredo, due to "extortion and kidnapping concerns," the official said. Juan Rodriguez, head of the Tamaulipas migrant services agency, said the agency was "attentive" to the issue. Additional reporting by Jackie Botts in Mexico City, Daniel Becerril in Reynosa and Matamoros, and Kristina Cooke in San Francisco.
Persons: Wong, Luis Miranda, Joe Biden's, Biden, Bertha Bermúdez Tapia, Miranda, Olivia Lemus, Lemus, Juan Rodriguez, Laura Gottesdiener, Ted Hesson, Mica Rosenberg, Beth Solomon, Jackie Botts, Daniel Becerril, Kristina Cooke, Mary Milliken, Suzanne Goldenberg Organizations: REUTERS, Reuters, U.S . Department of Homeland Security, U.S . State Department, New Mexico State University, Gulf Cartel, Northeast, U.S . Customs, Border Protection, CBP, DHS, Biden, The U.S . State Department, Carolina, Thomson Locations: U.S, Mexico, New Jersey, REYNOSA, Mexican, Reynosa, Venezuela, Carolina, Matamoros, Tamaulipas, United States, Washington, Nuevo Laredo, Central, Northern Mexico, Chicago, The, Honduran, Venezuelan, New York City, Mexico City, San Francisco
When Will the Saltwater Wedge Reach New Orleans?
  + stars: | 2023-09-29 | by ( Mira Rojanasakul | ) www.nytimes.com   time to read: +11 min
When Will the Saltwater Wedge Reach New Orleans? Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city.
Persons: Biden, Bernard, It’s, , Jeffrey Graschel, hydrologist, doesn’t, CONN, Matthew Roe, “ It’s, ” Mr, Graschel Organizations: New, Jefferson, Salvador Pointe à, Army Corps of Engineers, Copernicus, Midwest, U.S . Drought Monitor, National Weather Service, NEV, ALA, MISS, Oregon State University In, NOAA’s National Centers for Environmental Information, National Weather, Army Corps Locations: Orleans, Mississippi, New Orleans, Louisiana, Pontchartrain, Carrollton, Algiers, Salvador, la, Mexico Lake Pontchartrain, Salvador Pointe à la, Mexico, Gulf, Ohio, Slidell, La, Minnesota, MAINE, MINN, VT, N.H . IDAHO, S.D, N.Y, WIS, R.I, PA, IOWA, NEB . OHIO, UTAH, COLO . CALIF . VA, KAN . MO, KY, N.C, TENN, OKLA, ., MISS . TEXAS LA, FLA, NEV . UTAH, CONN, WYO, NEV . OHIO, Myrtle Grove,
In the past year, clothing retailers have sought to clear excess stock that had piled up due to a shift in consumer demand to essentials from discretionary items like clothing. But with fourth-quarter temperatures expected to start off warm, according to weather tracking firm Weather Trends International, stores carrying winter styles and gear could find themselves loaded with inventory at the end of the season. European company Pepco Group (PCOP.WA) also noted that the landing of its autumn and winter clothing inventory had coincided with persistent record-warm weather in its core Central and Eastern European markets. In the United States, temperatures could rise by 2 to 12 degrees Fahrenheit on average in the October-December period compared with last year, according to Weather Trends International. Abercrombie & Fitch (ANF.N) also said there was strong demand for "seasonless products" in the second quarter, particularly in the men's category, as customers picked out year-round clothing items and styles.
Persons: Helena Helmersson, Andy Bond, Bill Kirk, Clodagh, David Swartz, Robert Woods, Kristen D'Arcy, Abercrombie, Simon Wolfson, Ananya Mariam Rajesh, James Davey, Helen Reid, Matthew Lewis Organizations: Reuters, Pepco, Amazon.com, REUTERS, Walmart, Dick's Sporting, Costco Wholesale, Morningstar Research, Vision Brands, Fitch, Thomson Locations: United States, Europe, Cos, Eastern, Grafton, Dublin, Ireland, outerwear, Bengaluru, London
CNN —The full harvest moon will shine in the early morning hours of September 29, also marking the fourth and final supermoon of 2023. September’s full moon will appear about 5% bigger and 13% brighter than the average full moon, according to NASA. Other monikers for September’s full moon across different indigenous tribes include the corn maker moon from the Abenaki tribe, the moon of the brown leaves from the Lakota people and autumn moon from the Passamaquoddy tribe. Many people associate the harvest moon with being orange in color as it begins to rise, but the same could be said of all full moons. Only part of the moon will pass into shadow as the sun, Earth and moon will not completely align.
Persons: , Orionids, Leonids, Geminids, Ursids Organizations: CNN, NASA, Northern, Royal Museums, Planetary Society, Farmers, Meteor Locations: Chuseok, Higan, Royal Museums Greenwich, North, Central, South America, Europe, Asia, Australia, North America, South Africa
CNN —Round discs of barren dirt known as “fairy circles” look like rows of polka dots that can spread for miles over the ground. Fairy circles were previously spotted only in the arid lands of Southern Africa’s Namib Desert and the outback of Western Australia. The results showed 263 dryland locations where there were circular patterns similar to fairy circles in Namibia and Australia. Fairy circles’ mysterious originsThe study authors also compiled environmental data where circles were spotted, collecting evidence that might hint at what causes them to form. But the question “What shapes fairy circles?” is complex, and factors that create fairy circles may differ from site to site, the study authors reported.
Persons: , Emilio Guirado, Guirado, , Stephan Getzin, Getzin, Fiona Walsh, Walsh, ” Walsh, ” Guirado, Mindy Weisberger Organizations: CNN, National Academy of Sciences, Multidisciplinary Institute, Environmental Studies, University of Alicante, University of Göttingen, University of Western, , Scientific Locations: Southern, Western Australia, Spain, Namibia, Australia, Africa, Western Sahara, of Africa, Madagascar, Midwestern Asia, Southwest Australia, Germany, University of Western Australia, Northern Territory
Fico previously served as Slovakia’s prime minister for more than a decade, first between 2006 and 2010 and then again from 2012 to 2018. Heger continued as a caretaker prime minister but he, too, ended up quitting in May and was replaced by a technocrat, Ludovit Odor. Eduard Heger, pictured in Tallinn, Estonia, in November 2022, resigned as caretaker prime minister in May. In the Czech Republic, which used to form one country with Slovakia, 71% of people blame Russia for the war. “The government took a very quick and firm decision — and I’d say in doing so found itself on the right side of the history — to support Ukraine,” he said.
Persons: Robert Fico’s, Kyiv’s, , , Vladimir Putin, Putin, Fico, Grigorij, Jan Kuciak, Martina Kušnírová, Kuciak, Igor Matovič, Matovič, Eduard Heger, Heger, Ints Kalnins, ” Mesežnikov, “ SMER, GlobSec, , Dominika Hajdu, Mesežnikov Organizations: CNN, Kremlin, NATO, Institute of Public Affairs, Voters, Independent, Republika, for Democracy, Resilience, Austro, Ukraine, , it’s, European Union Locations: Slovakia, Russia, Ukraine, Slovak, Moscow, SMER, Tallinn, Estonia, ” Slovakia, Bratislava, Baltic, Czech Republic, States, Hungary, Trianon, “ Slovakia
UNITED NATIONS (AP) — Inside, with speeches and machinations and carefully deployed elbows, those who administer the world persist in their search for the elusive path to peace. “Bring lasting peace,” said Pravind Jugnauth, prime minister of Mauritius. Malaysian Prime Minister Anwar Ibrahim spoke of “the imperative to make peace." In July, visiting Indian Prime Minister Narendra Modi used the North Lawn, adjacent to the wooded area, to perform yoga poses as part of his visit. But for one tranquil moment, for one brief respite from the world's most high-stakes conversations, that's more than sufficient.
Persons: , Said, Pravind Jugnauth, Anwar Ibrahim, Pendarovski, Siaosi Sovaleni, , Narendra Modi, Ukraine —, It's, Ted Anthony, General Assembly's Organizations: UNITED NATIONS, United Nations, Hall, New, Malaysian, Indian, , Associated Press Locations: Manhattan, New York City, Queens, United, Mauritius, North Macedonia, Tonga, India, Pakistan, Armenia, Azerbaijan, Russia, Ukraine, East
As the Biden administration struggles to tackle a humanitarian and political crisis at America’s doorstep, it is focusing increasingly on keeping migrants far from the U.S.-Mexico border by establishing migration processing centers in Central and South America. But the program is off to a rocky start, with demand for appointments far outstripping supply, leading to periodic shutdowns of the online portal and some countries’ limiting applicants over concerns that the centers will cause migrants to overwhelm their own borders. The centers, in Colombia, Costa Rica and others planned in Guatemala, have become a primary focus of the president’s migration strategy, U.S. officials said, and the administration is already exploring expanding the program to other nations in the region, including opening a similar office in Mexico. The program, known as the safe mobility initiative, is “the most ambitious plan I’ve seen,” said Sean Garcia, the deputy refugee coordinator for the U.S. Embassy in Colombia, who has worked on migration for over a decade.
Persons: Biden, , Sean Garcia Organizations: U.S, Embassy Locations: U.S, Mexico, Central, South America, Colombia, Costa Rica, Guatemala
Were he to follow through on his promise, it would represent a sea-change for Slovakia, until now a staunch ally of its eastern neighbour Ukraine in its war against Russia. Bratislava has supplied weapons and offered strong political support to Kyiv within the European Union and NATO. Western diplomats and officials in Kyiv also say a small country like Slovakia can only go so far in upending EU and NATO policy. Disinformation, meanwhile, has spread, undermining public support for Ukraine since Russia's full-scale invasion of 2022, said Katarina Klingova of think-tank Globsec. The hoax was debunked, but the reaction pointed to the influence that false information surrounding the Ukraine war has among Slovakia's 5.5 million population.
Persons: Robert Fico, Radovan Stoklasa, Robert Fico's, Fico, Eleonora Tanacova, Viktor Orban, Orban, Katarina Klingova, Klingova, Andrew Gray, Thomas Balmforth, Mike Collett, White, Gareth Jones Organizations: REUTERS, NATO, EU, European Union, Russia, Moscow, Hungarian, Progressive, Ukraine, Thomson Locations: Banovce nad Bebravou, Slovakia, Russian, Ukraine Brussels, Ukraine, Slovakian, Russia, Bratislava, Kyiv, Crimea, EU, Brussels, Moscow, Donbas, Luhansk, Western, Europe, Hungary, Progressive Slovakia
Biden in May rolled out a new policy to deter illegal crossings, including deporting migrants and banning re-entry for five years, as his administration grappled with migration at record highs. He praised Biden for creating legal pathways for migrants but said they needed to be expanded. Hundreds of migrants who crossed without appointments have been forced to wait between two border walls. Within the last eight days, U.S. Customs and Border Protection (CBP) had processed more than 5,000 migrants in the San Diego area, a San Diego official said on Thursday. An unprecedented number of migrants entering Mexico hail from othercontinents, as the trek to the U.S. southern border increasingly becomes a global migration route.
Persons: Jose Luis Gonzalez, Joe Biden, Biden, Andrew Selee, Andres Manuel Lopez Obrador, Oscar Suarez, Suarez, Enrique Lucero, Giuseppe Loprete, don't, Lopez Obrador, Lizbeth Diaz, Laura Gottesdiener, Beth Solomon, Adrees Latif, Mike Blake, Ted Hesson, Rosalba O'Brien Organizations: U.S, REUTERS, Rights, Migration Policy Institute, Tijuana, U.S . Customs, Border Protection, San Diego, CBP, Migrants, Pacific, International Organization for Migration, IOM, Thomson Locations: United States, Rio Bravo, Mexico, Ciudad Juarez, California, Texas, Mexican, San Diego , California, El Paso, Central, South America, San Diego, Tijuana, U.S, Grande, Eagle, Panama, Darien, othercontinents, Monterrey, Mexico City, Washington
(Reuters) - Russian anti-aircraft units destroyed 19 Ukrainian drones over the Black Sea and the annexed Crimean peninsula and three more over other parts of Russia, the Defence Ministry said early on Thursday. "In the night from 20th to 21st September, an attempt by the Kyiv regime to commit a terrorist attack with lethal drones on sites in the Russian Federation was intercepted," the ministry said on the Telegram messaging app. The ministry report said the three other drones were downed over Kursk, Belgorod and Orlov regions in central and southern Russia. Ukrainian forces are launching attacks with increasing frequency on targets in Crimea, seized and annexed by Russia in 2014. But on Wednesday, the Ukrainian military said its forces struck a Russian Black Sea fleet command post near Sevastopol in Crimea.
Persons: Ron Popeski, Sandra Maler Organizations: Reuters, Defence Ministry, Russian Federation Locations: Russian, Crimean, Russia, Kyiv, Kursk, Belgorod, Orlov, Crimea, Ukraine, Sevastopol
Western officials saw the summit with North Korea as an effort by Putin to secure a potential arms bonanza for his military. North Korea also could increase its ammunition production at Russia’s behest. Yang Uk, a security expert at South Korea’s Asan Institute for Policy Studies, noted that in addition to Soviet-designed armaments, North Korea also could share some of its latest military equipment. “There isn’t really much left in the policy toolbox in terms of addressing the challenges specifically from Russia and North Korea,” Park observed. It’s just basically not implementing sanctions.”A major factor Russia needs to consider while it seeks to expand ties with North Korea is China, Pyongyang's No.
Persons: Vladimir Putin, Kim Jong Un, Putin, Kim, Josef Stalin, Kim Il Sung, , John Park, Harvard Kennedy, it’s, James O’Brien, James Nixey, Volodymyr Zelenskyy, , Yang Uk, ” Yang, Leif, Eric Easley, “ Putin, ” Nixey, Antonio Guterres, “ It’s, It’s, Danica Kirka, Emma Burrows, Kim Tong, hyung, Kim Hyung Organizations: North, Putin, Harvard, U.S . State Department, Chatham House, South Korea’s Asan Institute, Policy Studies, Ewha University, U.S, Observers, Associated Press Locations: Pyongyang, Ukraine, Moscow, Asia, Korean, Korea, Russia, North Korea, , , Eurasia, London, U.S, Central, Eastern Europe, South Korea’s, Soviet, Vostochny, Seoul, China, South Korea, Europe, Washington, russia, ukraine
REUTERS/Adnan Abidi/File photo Acquire Licensing RightsSept 13 (Reuters) - There is a more than 95% chance that the El Niño weather pattern will continue through the Northern Hemisphere winter from January - March 2024, a U.S. government forecaster said on Thursday, bringing more extreme conditions. "In August, sea surface temperatures were above average across the equatorial Pacific ocean, with strengthening in the central and east-central Pacific," the Climate Prediction Center (CPC) said. El Nino is a warming of ocean surface temperatures in the eastern and central Pacific, and can provoke extreme weather phenomena from wildfires to tropical cyclones and prolonged droughts. On Tuesday, Australia's weather bureau said that El Nino indicators had strengthened and the weather event would likely develop between September and November, bringing hotter and drier conditions to Australia. "Despite nearly the same ensemble mean amplitude as last month, the shorter forecast horizon means that the odds of at least a 'strong' El Niño have increased to 71%," CPC said.
Persons: Adnan Abidi, El Nino, Chris Hyde, Brijesh Patel, Seher Dareen, Rahul Paswan, Sharon Singleton Organizations: REUTERS, Prediction Center, El, El Nino, CPC, World Meteorological Organization, India, Thomson Locations: Ballia District, Uttar Pradesh, India, U.S, Pacific, South Africa, Southeast Asia, Australia, Brazil, Asia, Africa, Bengaluru
Macy’s named Olivier Bron the next chief executive of Bloomingdale’s, the company’s luxury chain, on Tuesday, the latest move in a leadership shuffle this year. Mr. Bron was previously chief executive of Central Group’s Central and Robinson Department Stores in Thailand. Macy’s announced this year that Mr. Spring would be elevated to chief executive of Macy’s in February after the planned retirement of Jeff Gennette, who has led the company since 2017. Macy’s has ambitions to become more competitive in e-commerce as younger shoppers pull away from department stores. Mr. Gennette previously said Bloomingdale’s, under Mr. Spring, had worked as a “scrappy incubator” for ideas that eventually made their way to Macy’s.
Persons: Macy’s, Olivier Bron, Bron, Tony Spring, Jeff Gennette, Gennette, Mr, Denis Guignebourg Organizations: Bloomingdale’s, Mr, Central Group’s, Robinson Department, Macy’s, Galleries Lafayette, Bain & Company . Credit, Sipa USA, Associated Press Locations: Thailand, United States
WestRock stockholders will get one share in the new company, called Smurfit WestRock, and $5 in cash for each share they hold, which works out to $43.51 per share, the companies said in a statement. Smurfit Kappa shareholders will receive one new Smurfit WestRock share for each share they hold. That could make the deal more than 20% accretive to Smurfit Kappa's earnings per share, the statement added. Smurfit WestRock will be domiciled in low tax Ireland with its global headquarters in Dublin. Smurfit Kappa will de-list from Euronext Dublin, the latest blow for the Irish bourse as building materials giant CRH prepares to leave later this month.
Persons: WestRock, JP Morgan, Jefferies, Tony Smurfit, Ken Bowles, Irial Finan, Smurfit, Yadarisa, Padraic Halpin, Louise Heavens, Jason Neely Organizations: Kappa, Europe's, JP, Smurfit, Smurfit Kappa, London Stock Exchange, Irish bourse, Thomson Locations: DUBLIN, COVID, South, Central, North America, Europe, Ireland, Dublin, New York, Bengaluru
Shoppers walk past a Bloomingdale's store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. With the move, the legacy retailer is adding an outside perspective and a dash of global flair to the higher-end department store. Bron, 46, is a French national who was most recently CEO of Central and Robinson department stores in Thailand. A 36-year veteran of Bloomingdale's, Spring became CEO-elect of the parent company Macy's in March. Macy's said Tuesday that it has tapped international retail executive Olivier Bron as the next CEO of its upscale department store, Bloomingdale's.
Persons: Bron, Tony Spring, Spring, Jeff Gennette, Macy's, Olivier Bron, Michael Gould, Beverly, Bloomingdale's, Nordstrom Organizations: Bain & Company, Central, Robinson, Bloomingdale's, Macy's, Beverly Hills Locations: SoHo, New York, Lafayette, Paris, Bron, French, Thailand, Dubai, Kuwait, Manhattan, New York City, Seattle, Macy's
Schools, subways disrupted as storm batters China's south
  + stars: | 2023-09-08 | by ( ) www.reuters.com   time to read: +2 min
Residents holding onto safety lines waded cautiously through knee-deep floodwaters late on Thursday in Shenzhen, a metropolis of 17.7 million people, videos from state-backed Xinhua showed. Daily rainfall in the city located in the Pearl River Delta linking Hong Kong to China's mainland was expected to exceed 500 mm, Shenzhen media said. Still, Shenzhen's observatory has issued emergency warnings advising residents to stay indoors, warning downpours were abrupt and intense. Some Shenzhen districts closed offices while all schools were suspended. Authorities suspended services at Liantang Port and Wenjindu Port connecting Shenzhen and Hong Kong due to flood damage.
Persons: Haikui, Liz Lee, Neil Fullick Organizations: cnsphoto, REUTERS Acquire, Rights, China Meteorological Administration, Xinhua, Authorities, Thomson Locations: Minhou county, Fuzhou, Fujian province, China, Rights BEIJING, Shenzhen, Guangdong, Hong Kong, Fujian, Waters, Futian, Liantang, Wenjindu Port, Guangzhou, Zhuhai, Shanghai
South China soaks as rains from Haikui continue to pound region
  + stars: | 2023-09-07 | by ( ) www.reuters.com   time to read: +2 min
[1/2] An aerial view shows flooded villages in Minhou county after heavy rains brought by typhoon Haikui, in Fuzhou, Fujian province, China September 5, 2023. cnsphoto via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. Acquire Licensing RightsBEIJING, Sept 7 (Reuters) - The remnants of Typhoon Haikui drenched China for a third day since making landfall, as moisture-laden clouds dumped rain onto the country's south despite weakening cyclonic winds. Later this week, the storms are expected to continue in Guangxi bringing the southwestern region extreme rainfall on Friday and Saturday before potentially dissipating on Sunday. Haikui's storms flooded parts of southeastern Fujian province where it landed early on Tuesday, forcing 294,100 people to evacuate, inundated 9,949.7 hectares (24,586.24 acres) of crops and damaged nearly 2,540 homes. Intense rains in the city of Fuzhou shattered 12-year-old rainfall records, surpassing the amount brought by Typhoon Doksuri late July.
Persons: Typhoon Doksuri, Liz Lee, Christian Schmollinger Organizations: cnsphoto, Rights, China Meteorological Administration, Authorities, Thomson Locations: Minhou county, Fuzhou, Fujian province, China, CHINA, Rights BEIJING, downpours, Guangdong, Tangxi, Jiangxi, Hunan province, Guangxi, Hainan, Guilin, Laibin, Fujian, Xiamen, Shanghai
[1/3] An aerial view shows flooded streets on the outskirts of Fuzhou, after heavy rains brought by typhoon Haikui in Fujian province, China September 5, 2023. cnsphoto via REUTERS Acquire Licensing RightsBEIJING, Sept 6 (Reuters) - Intense rain from the remnants of Typhoon Haikui lashed southeastern China early on Wednesday, causing flooding and forcing cities in Fujian province to halt subways, shut schools and evacuate residents. The precipitation was heavier than the impact of Typhoon Doksuri, which ripped through Fujian in late July causing floods and $2 billion in direct economic losses, state media reported. Fuzhou closed subway lines and suspended trains while schools were shut for a second day. Elsewhere in Fujian, six other cities including Putian and Quanzhou were flagged at risk of flash floods and landslides. Typhoon Haikui lost strength after making landfall in Fujian early on Tuesday and was downgraded to a tropical storm.
Persons: Haikui, Doksuri, Typhoon Haikui, Liz Lee, Stephen Coates Organizations: cnsphoto, REUTERS Acquire, Rights, Thomson Locations: Fuzhou, Fujian province, China, Rights BEIJING, Fujian, Putian, Quanzhou, Shanghai
Hedge funds and other money managers purchased the equivalent of 19 million barrels in the NYMEX and ICE U.S. crude (WTI) futures and options contracts over the seven days ending on August 29. Bearish short positions in the premier NYMEX WTI contract had been reduced to just 49 million barrels, down from 136 million. Total commercial crude inventories had fallen into line with the prior ten-year average on August 25 while stocks at Cushing had depleted to almost 30% below the average. Hedge fund managers have been trying to get bullish towards U.S. gas prices, and the inventory surplus inherited from 2022 has been shrinking. Related columns:- Depleting U.S. crude inventories lift oil prices (August 31, 2023)- Prospect of strong El Niño weighs on U.S. gas prices (August 30, 2023)- Crude oil prices stalled as hedge funds sold (August 29, 2023)John Kemp is a Reuters market analyst.
Persons: Richard Carson, John Kemp, Mike Harrison Organizations: Department of Energy, Strategic Petroleum Reserve, REUTERS, ICE, Cushing, U.S . diesel, U.S . Commodity Futures Trading Commission, Thomson, Reuters Locations: Freeport , Texas, U.S, Cushing, Oklahoma, Brent, Washington, Illinois, Maine
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