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Weather Natural Disasters

  • TOKYO, May 11- Japan's Tokyo Electric Power Co said on Thursday it will seek partners for its nuclear business as part of a recovery plan after the Fukushima disaster of six years ago brought the utility to its knees and put it under state control. Central to its efforts to boost profits and pay for the costs of the disaster is the restart of its Kashiwazaki-Kariwa...

  • MEXICO CITY, May 10- Tropical Storm Adrian, which strengthened in the Pacific Ocean off Central America on Wednesday, is expected turn in toward the Mexican coast and could become a hurricane by the weekend, the U.S. National Hurricane Center said. Early on Wednesday morning, Adrian was about 460 miles south-southeast of the Mexican port of Salina Cruz, blowing...

  • MEXICO CITY, May 10- Tropical Storm Adrian, which strengthened in the Pacific Ocean off Central America on Wednesday, is expected turn in toward the Mexican coast and could become a hurricane by the weekend, the U.S. National Hurricane Center said. Early on Wednesday morning, Adrian was about 460 miles south-southeast of the Mexican port of Salina Cruz, blowing...

  • MEXICO CITY, May 10- Tropical Storm Adrian, which strengthened in the Pacific Ocean off Central America on Wednesday, is expected turn in toward the Mexican coast and could become a hurricane by the weekend, the U.S. National Hurricane Center said. Early on Wednesday morning, Adrian was about 460 miles south-southeast of the Mexican port of Salina Cruz, blowing...

  • MEXICO CITY, May 10- Tropical Storm Adrian, which strengthened in the Pacific Ocean off Central America on Wednesday, is expected turn in toward the Mexican coast and could become a hurricane by the weekend, the U.S. National Hurricane Center said. Early on Wednesday morning, Adrian was about 460 miles south-southeast of the Mexican port of Salina Cruz, blowing...

  • NEW DELHI, May 9- India looks likely to receive higher monsoon rainfall than previously forecast as concern over the El Nino weather condition has eased, the chief of the weather office said on Tuesday, raising prospects of higher farm and economic growth. The state-run India Meteorological Department on April 18 forecast this year's monsoon rains at 96...

  • SINGAPORE, May 4- Chicago corn futures were unchanged on Thursday, holding on to last session's gains as recent wet weather across key growing regions raised fears that some farmers may need to re-plant recently seeded crops. The Chicago Board Of Trade most-active corn contract was flat at $3.74-3/ 4 a bushel by 0226 GMT, having gained 0.7 percent on Wednesday.

  • NEW YORK, May 3- The U.S. insurance industry is suffering from lower property-casualty premiums, bad weather claims and interest rates that are still too low to move the needle, according to earnings reports by some of the largest players this week. A single hailstorm in Texas cost Allstate over $250 million during the quarter, Chief Executive Tom Wilson said in an...

  • NEW YORK, May 3- The U.S. insurance industry is suffering from lower property-casualty premiums, bad weather claims and interest rates that are still too low to move the needle, according to earnings reports by some of the largest players this week. A single hailstorm in Texas cost Allstate over $250 million during the quarter, Chief Executive Tom Wilson said in an...

  • TOKYO, April 28- Sony Corp said on Friday it expects operating profit to rise 73.2 percent in the financial year through March 2018 as its cash-cow image sensor business recovers from earthquake damage that had suspended a key plant in southern Japan. Sony forecasts operating profit to rise to 500 billion yen from 288.7 billion yen a year prior, when earnings...

  • LIMA, April 19- Peru's economy will recover in coming years with investment in construction after recent flooding, likely growing 4.5 percent in 2018 and 5 percent in 2019, Finance Minister Alfredo Thorne said on Wednesday. "The shock will be temporary," Thorne said in a presentation at Lima's Chamber of Commerce. Peru's economy, which has also been hurt by...

  • ZURICH, April 13- Cyclone Debbie cost Swiss Re an estimated $350 million and the insurance industry roughly $1.3 billion, the world's second-biggest reinsurer said on Thursday, an unusually high loss that could see reinsurance prices rise in Australia. Cyclone Debbie, a Category 4 storm, slammed into Australia on March 28. The disaster zone stretched 1,000 km...

  • STRASBOURG, April 4- Britain will get 60 million euros from the European Union to repair damage caused by the floods last year, a lawmaker said on Tuesday. Britain had asked for EU support to rebuild infrastructure damaged by heavy rains in the winter of 2015-16. European Parliament lawmakers will approve the grants on Wednesday, clearing the way for the funds to...

  • STRASBOURG, April 4- Britain will get 60 million euros from the European Union to repair damage caused by the floods last year, a lawmaker said on Tuesday. Britain had asked for EU support to rebuild infrastructure damaged by heavy rains in the winter of 2015-16. European Parliament lawmakers will approve the grants on Wednesday, clearing the way for the funds to...

  • A woman cries over the coffin of a relative killed in the mudslides caused by heavy rains, at the cemetery in Mocoa, Putumayo department, Colombia on April 3, 2017.

    Rescuers continued to search for victims of flooding and landslides that devastated southern Colombia, killing at least 273 people.

  • The disaster zone stretched 1,000 km from Queensland state's tropical resort islands and Gold Coast tourist strip to the farmlands of New South Wales state. The body of 77- year-old Nelson Raebel was found in floodwaters in the state of Queensland on Saturday afternoon, Queensland Police said, bringing the national death toll to three since the cyclone hit on...

  • WASHINGTON, March 30- In revamping the North American Free Trade Agreement, the Trump administration will seek tax equality and the ability to reimpose tariffs if a flood of imports from Canada and Mexico causes "a threat of serious injury" to U.S. industry, a draft of negotiating objectives shows. "The persistent U.S. deficit in goods trade with Canada and Mexico...

  • WASHINGTON, March 30- In revamping the North American Free Trade Agreement, the Trump administration will seek tax equality and the ability to reimpose tariffs if a flood of imports from Canada and Mexico causes "a threat of serious injury" to U.S. industry, a draft of negotiating objectives shows. "The persistent U.S. deficit in goods trade with Canada and Mexico...

  • WASHINGTON, March 30- The Trump administration will seek changes to the North American Free Trade Agreement allowing it to reimpose tariffs if a flood of imports from Canada and Mexico causes "a threat of serious injury" to U.S. industry, according a draft document sent to Congress. Trade Representative's office to members of Congress for review.

  • WASHINGTON, March 30- The Trump administration will seek changes to the North American Free Trade Agreement allowing it to reimpose tariffs if a flood of imports from Canada and Mexico causes "a threat of serious injury" to U.S. industry, according a draft document sent to Congress. "The persistent U.S. deficit in goods trade with Canada and Mexico demands that this...