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2020's Only Total Solar Eclipse Plunges South America Into Darkness

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3:23 a.m. Sept. 13, 2021 - By William Watts
OPEC raises forecast for 2022 growth in global oil demandThe Organization of the Petroleum Exporting Countries on Monday boosted its forecast for 2022 growth in global oil demand to 4.2 million barrels a day, up 900,000 barrels a day from its August projection. OPEC, in a monthly report, said it now expects 2022 global demand of 100.8 million barrels a day, topping pre-pandemic levels. World oil-demand growth for 2021 was left unchanged at 6 million barrels a day. OPEC said oil demand in the third quarter has been resilient, supported by rising mobility and travel. At the same time, the increased risk of COVID-19 cases has clouded oil demand prospects going into the final quarter, resulting in downward adjustments to fourth-quarter 2021 assessments. As a result, second-half 2021 oil demand "has been adjusted slightly lower, partially delaying the oil demand recovery into 1H22," the report said. The non-OPEC supply growth forecast for 2022 was left unchanged at 2.9 million barrels a day. OPEC trimmed its 2021 forecast for non-OPEC supply growth by 170,000 barrels a day.
1:21 a.m. Aug. 19, 2021 - By Tomi Kilgore
Despegar.com reports narrower-than-expected loss, as gross bookings rise 10-foldDespegar.com Corp. reported a second-quarter loss that narrowed more than expected, and revenue that topped forecasts, as bookings increased roughly 10-fold as COVID-19 related travel restrictions were lifted. Shares of the provider of online travel services in Latin America were still inactive in premarket trading. The net loss narrowed to $31.1 million, or 46 cents a share, from $57.1 million, or 82 cents a share, in the year-ago period. Excluding nonrecurring items, the adjusted per-share loss was 32 cents, beating the FactSet consensus of 35 cents. Revenue swung to positive $63.1 million from negative $9.7 million, above the FactSet consensus of $56.6 million. Gross bookings totaled $488.9 million, up from $48.9 million, with the biggest growth in Mexico, but the company said government restrictions on mobility continued to have a negative impact on the travel industry. "Recovery trends continued, as the overall level of Gross Bookings reached 44% of pre-pandemic levels," said Chief Executive Damian Scokin. The stock has declined 12.7% over the past three months, while the S&P 500 has gained 6.9%.
9:35 a.m. July 13, 2021 - By Dave Sebastian
Norwegian Cruise Line sues Florida surgeon general over ‘vaccine-passport’ ban The cruise operator plans to restart U.S. cruises in August with a 100% vaccination policyNorwegian Cruise Line Holdings Ltd. has sued Florida’s surgeon general, challenging the state’s barring of businesses from requiring proof of COVID-19 vaccination and intensifying the standoff between the company and Florida.
1:46 a.m. March 25, 2021 - By Tomi Kilgore
United Airlines stock rises after boosting May schedule to more than half of pre-pandemic levelShares of United Airlines Holdings Inc. rose 1.8% in premarket trading Thursday, after the air carrier announced plans to resume more than 20 domestic flights, and to fly to Latin America more than 100% of its pre-pandemic schedule. The company said it was also adding new nonstop routes between Midwest cities including Cleveland, Cincinnati and Milwaukee and to Hilton Head, S.C., Pensacola, Fla. and Portland, Maine. In total, United said it plans to operate in May 52% of the overall schedule it operated in May 2019, which compares to May 2020 when it operated 14% of its May 2019 schedule. For Latin America, the company said it will add more flights to Mexico, the Caribbean, Central America and South America, to operate more than 100% of its May 2019 schedule. "In the past few weeks, we have seen the strongest flight bookings since the start of the pandemic," said Ankit Gupta, vice president of United's domestic network planning and scheduling. "As we rebuild our schedule to meet that demand, adding in seasonal point-to-point flying is just one of the ways we are finding opportunities to add new and exciting service." The stock has run up 24.5% year to date, while the U.S. Global Jets ETF has advanced 14.5% and the S&P 500 has gained 3.5%.
2:46 a.m. March 6, 2021 - By Catey Hill
These Arizona retirees ‘couldn’t afford’ America — now they live their dream life on $2,000 a month in Ecuador They haven’t been back to the U.S. in years, and say they don’t miss it much — except for Home Depot and some friendsThey haven’t been back to the U.S. in years, and say they don’t miss it much (except for Home Depot and some friends).
7:14 a.m. Dec. 24, 2020 - By Tomi Kilgore
Daily death toll from COVID-19 climbs to more than 3,400, the same day vaccinations top 1 million Daily case count rise to more than 227,000 as hospitalizations jump again to a record for the 19th day this monthThe U.S. suffered through one of its worst days on the COVID-19 front since the pandemic started, with the daily death toll jumping to more than 3,400, on the same day it reached an “early but important” milestone of more than 1 million vaccinated.
9:44 a.m. Dec. 21, 2020 - By Mark DeCambre
U.S. oil notches sharpest daily slide in over 6 weeks as viral spread sparks fresh demand worriesU.S. oil prices ended sharply lower on Monday, but off their steepest declines, amid reports that a variant of the novel strain of coronavirus that causes COVID-19 discovered in the U.K. could pose another hurdle for demand of the commodity. U.S. oil prices for February delivery finished $1.27, or 2.6%, lower at $47.97 a barrel. The daily slide represented the sharpest for the most-active contract for West Texas Intermediate oil since a 4.3% slide put in on Nov. 6, FactSet data show. Those living in London and much of the southeast of England were placed under tighter restrictions ahead of the Christmas holidays, shutting nonessential shops and banning nonessential travel. Several European countries and Canada closed their borders to U.K. travelers, including France, which blocked air, sea and land traffic from the country.
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