TEXAS, United States (Reuters) — Historic flooding from Tropical Storm Harvey killed at least seven people in Texas and was expected to drive 30,000 from their homes, as officials on Monday (August 28) warned that floodwaters would likely rise in the coming days as the storm hovers over the U.S. Gulf Coast. Thousands of National Guard troops, police, rescue workers and civilians raced in helicopters, boats and special high-water trucks to rescue the hundreds of […]
Tag: Harvey storm
Euro continues rise while Harvey leaves Wall St mixed
NEW YORK, United States (AFP) — The euro extended its gains on Monday, trading at a two-and-a-half-year high against the dollar as currency traders believed a wind-down in European economic stimulus was not imminent. European stocks also fell while Wall Street was directionless, buffeted in large part by worries over a pounding delivered to US energy infrastructure by Hurricane Harvey. In much anticipated speeches on Friday, central bank chiefs from the US and Europe sidestepped […]
Oil sector hopes to weather Harvey storm
by Juliette Michel with Delphine Touitou in Washington Agence France Presse NEW YORK, United States (AFP) — Monster storm Harvey slammed into a key United States oil-producing region disrupting output amid the devastation, but crude stocks are high enough that the impact on the industry should be short-lived, experts said Monday. The Texas coast, home to nearly a third of the US oil refining capacity, has been ravaged by the most powerful hurricane to hit […]





