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Storm Floris Unleashes Chaos Across UK and Ireland

                                                          People were seeking shelter from the storm at Portstewart Storm Floris Grounds Flights and Cuts Power to Thousands Storm Floris has battered parts of the UK and Ireland with winds reaching up to 90mph, causing widespread disruption to transport and power infrastructure. The storm, one of the most severe of the 2024–25 season, has led to hundreds of flight cancellations, blocked roads, and left tens of thousands without electricity. Air Travel Disrupted More than 150 flights were cancelled across northern Scotland and Northern Ireland, with Aberdeen and Belfast City airports among the worst affected. Some flights, including easyJet and KLM services, were forced to turn back mid-air due to dangerous landing conditions. Rail and Road Chaos Scotland’s rail netwo...
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Markets Surge on Positive U.S. Retail Data


The stock markets opened with a bang today as both the TSX and the S&P 500 reached record highs, buoyed by encouraging U.S. retail data.

The S&P 500 climbed by 1.2%, closing at 5,308.15, while the TSX Composite Index rose by 41.42 points to settle at 22,284.76. This surge was driven by strong performances in the technology and utility sectors, reflecting investor optimism following a favorable U.S. retail sales report.

The U.S. retail data showed a robust increase in consumer spending, which has been a key indicator of economic health. This positive sentiment was further bolstered by lower-than-expected inflation figures, providing a double dose of good news for the markets.

Kathrin Forrest, an equity investment specialist at Capital Group, noted, "It’s been a really constructive day for equities, certainly in North America. The technology sector, in particular, ended the week with a strong rally, led by semiconductor companies".

As investors continue to digest these positive economic indicators, the outlook for the markets remains optimistic. The combination of strong retail sales and manageable inflation suggests a resilient economy, which is likely to keep the markets buoyant in the near term.


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