Tag Archives: hit


Oil plunges 3% as trade war concerns hit demand outlook

08 August, 2019 12:35 am 12:35 am

NEW YORK (Reuters) – Global oil benchmark Brent futures fell more than 3 per cent on Monday on global growth concerns after US President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world’s two biggest buyers. Brent crude LCOc1 fell $2.08, or 3.36%, to settle at $59.81 … Read More



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boeing 787 Dreamliner production Dennis Muilenburg

Planemaker giant Boeing takes $5bn hit over grounding of 737 Max

07 July, 2019 9:43 am 9:43 am

NEW YORK (Web Desk) – Boeing is taking a $4.9bn hit to cover costs related to the worldwide grounding of its 737 Max aircraft. The charge is set to wipe out profits when the world’s biggest planemaker posts quarterly results next week. In a statement, Boeing also said its “best estimate at this time” is … Read More



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Cyclone, Vayu, spares, Indian, west, coast, direct, hit, skirt, coast

Cyclone Vayu spares Indian coast Gujarat a direct hit, to skirt coast

06 June, 2019 3:11 pm 3:11 pm

MUMBAI (Reuters) – A powerful cyclone that threatened the western Indian state of Gujarat, has changed course and it is now expected to just brush past the coast, authorities said on Thursday, although ports and coastal airports remained shut. Cyclone Vayu, with wind speeds equivalent to those of a Category 1 hurricane, is moving in … Read More



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Rain, hailstorm, hit, cities, country

Rain, hailstorm hit several cities across country

05 May, 2019 9:40 am 9:40 am

LAHORE (92 News) – Rain and hailstorm lashed different cities across the country on Wednesday. Sehwan and Rojhan received incessant rain with a hailstorm. Rain was also reported in Chishtian, Okara, Renala Khurd, Kohlu, Rajanpur and other areas. Drizzle is expected in Karachi today. The Met Office has predicted incessant rains in different areas across … Read More



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