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Hurricane Sandy

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  • Inspired by Mandela, UN staff volunteer their communities

    From America to Africa, UN workers honoured Nelson Mandela's dedication to public service by volunteering at least 67 minutes of their day – one minute for each year of the iconic South African political leader's service – to help make a difference in their communities.

  • Oil hits nine-month high near $119 on strong China imports

    Brent oil futures hit a nine-month high near USD 119 a barrel on Friday after data showed strong growth in Chinese oil imports, rounding out four straight weeks of gains for the contract and taking its premium over US crude to more than USD 23.

  • Hiring up, firing down in US job market: Macroeco Analysis

    In an interview to CNBC-TV18, Kathy Bostjancic, Dir- Macroeco Analysis, said that they are seeing less firing. When one looks at strictly initial job claims they look at the four week moving average and it continues to be slightly distorted from Hurricane Sandy.

  • Hexaware cuts guidance, shares tumble 4%

    Hexaware Technologies has cut its fourth quarter and full year 2012 guidance citing changes to a project plan for a customer and impact on account of hurricane Sandy, which devastated the US east coast last month. The announcement sent the software service provider's shares down 4 percent in morning trade.

  • 'Mkt concerns to grow if no fiscal cliff resolution by Dec'

    In an interview to CNBC-TV18, Sarah Hewin of Standard Chartered articulated her expectation on fiscal cliff. She said it is possible that at the last minute there will be a compromise agreement. She also said she is expecting a fiscal tightening in the first quarter.

  • Worst natural calamities in recorded history

    As the US recovers from the effects of Hurricane Sandy, here's a look at some of the most devastating natural calamities in history, and some not so long ago

  • US retail sales hit by Hurricane Sandy

    US retail sales posted their first drop since June as the effects of Hurricane Sandy were on display, while wholesale prices retreated in October for the first time in five months as energy and vehicle costs declined.

  • IEA cuts oil demand forecast

    The International Energy Agency trimmed its oil demand forecast for this year as the weak global economy and the impact of Hurricane Sandy in the US weighed on crude consumption.

  • US trade deficit near two-year low

    The US trade deficit unexpectedly shrank in September to the lowest level in almost two years as exports climbed to a record high, while the number of Americans claiming unemployment insurance fell last week, pointing to improvement in the country's labour market.

  • Castro thanks Russia for aid to Cuba hit by Hurricane Sandy

    At a meeting with Russian minister of industry and trade Denis Manturov chairman of the state council and the council of ministers of Cuba Raul Castro expressed gratitude to the Russian leadership for the aid to the Cubans, who were affected in the Hurricane Sandy

  • Airline woes over stranded passengers

    As scientists and politicians debate the relationship between carbon emissions and storms such as the one that devastated the US east coast last week, some people in the airline industry are more worried about a different kind of problem.

  • New Orleans linemen square Katrina debt with Sandy aid

    On the 19th floor of Consolidated Edison's Manhattan headquarters, the veteran lineman briefing a roomful of 100 out-of-town utility workers had a lot of advice, from the practical to the profane.

  • Rupee seen between 53.50-54.20/USD: Pramit Brahmbhatt

    The rupee is trading in a narrow range. The upcoming US elections and Hurricane Sandy have kept global markets on hold, says Pramit Brahmbhatt, Alpari India.

  • Hurricane Sandy disrupts Northeast US telecom networks

    Power outages and flooding caused by Hurricane Sandy disrupted telecommunications services in Northeastern states on Tuesday, resulting in spotty coverage for cellphones, television, home telephones and Internet services.

  • How Hurricane Sandy will affect investors

    While Hurricane Sandy is on its way to causing untold billions of dollars in damage, its impact on the stock market is likely to be isolated but unpredictable.

  • Brent will remain above move above $110/bbl: Argus Media

    Azlin Ahmad of Argus Media believes superstorm Hurricane Sandy is likely to put a cap on the crude oil prices. She said it would likely result in the refineries being shut or reduction in operations.

  • US economy may skirt direct hit from Hurricane Sandy

    Hurricane Sandy is shaping up to be one of the biggest storms ever to hit the United States but even with the severe damage that is expected, the blow to the economy is seen as short-term.

  • US markets shut on Tuesday, focus shifts to Wednesday

    Hurricane Sandy will close US stock markets for a second straight day on Tuesday, as Wall Street turned its attention to whether markets would be able to resume functioning on the month's final trading day.

  • Facebook cancels Gifts event due to Hurricane Sandy

    Facebook has cancelled two of its events an engineering open house, and an event where the social networking giant was going to promote its recently launched Gifts service.

  • Google Android event postponed due to Hurricane Sandy

    The Google Android event slated for today, October 29, in New York, has been cancelled due to Hurricane Sandy. There is no information yet about the revised date of the event.

  • Hurricane Sandy menaces US after slamming Cuba

    Hurricane Sandy swelled into a major threat to much of the US East Coast on Thursday, US forecasters said, as the storm swirled through the Bahamas after killing 21 people across the Caribbean.

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