Tag: forecast

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Torrential rain lashes east coast of Australia as more wild weather forecast

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Flash flooding, heavy rain and severe thunderstorms are battering much of the east coast of Australia, with emergency services warning conditions are expected to worsen. Intense rainfall has lashed parts of Queensland...

Pfizer raises Covid-19 vaccine sales forecast to $36bn for 2021

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The US drugmaker Pfizer has lifted its 2021 forecast for revenues from its Covid vaccine to $36bn (£26.3bn), after bumper sales in the third quarter. The Covid jab, called Comirnaty and developed with Germany’s BioNTe...

China growth forecast cut by ratings agency amid Evergrande uncertainty

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Ratings agency Fitch has downgraded its forecast for China’s economic growth because of concerns about a slowdown in the country’s colossal housing market and fears about struggling property giant Evergrande. China en...

Hurricane Nicholas hits Texas coast with 20in of rain forecast

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Hurricane Nicholas hit the Texas coast early on Tuesday, forecast to dump up to 20in of rain along the same area swamped by Hurricane Harvey in 2017, drenching storm-battered Louisiana and potentially causing life-thr...

UK weather: ‘little blast of summer’ forecast after soggy August

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After weeks of soggy weather, temperatures are expected to soar in parts of the UK next week. The south-east is predicted to experience the hottest weather, with the mercury rising to 28C thanks to warm air sweeping i...

Bank holiday weekend travel warning as fine weather forecast for UK

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People seeking a bank holiday getaway in England, Wales and Northern Ireland are being warned to avoid major roads before 7pm as holidaymakers look to take advantage of good late summer weather forecast for much of th...

Summer of fire: blazes burn across Mediterranean with more extreme weather forecast

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Hundreds of fires are burning across the Mediterranean, displacing thousands and causing irreparable damage as human-made climate change causes record-breaking summer heatwaves. With very high temperatures expected in...

EU new car sales rise, as Bank of Japan cuts economic growth forecast – business live

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EU car sales rise 10% in June but remain below pre-pandemic levels, as BOJ leaves policy unchanged and cuts GDP forecast for this year

Deliveroo raises sales forecast after ‘strong growth’ in 2021

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The takeaway delivery company Deliveroo has raised its forecasts for sales this year after “strong growth” during the first six months of 2021, a period that included its rocky stock market listing. Deliveroo said on ...

Rain dampens Wimbledon day six as storms forecast for UK

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The Wimbledon tennis tournament has been disrupted by wet weather, with heavy rain and thunderstorms forecast to hit the UK this weekend. Matches were suspended across all courts around 30 minutes after they had begun...

Australia’s population forecast to grow slower and age faster than expected

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Australia’s population is forecast to grow slower and age faster than anticipated and the government will be forced to use deficit spending to pay for services for the next 40 years, the latest intergenerational repor...

Morning mail: aged care Covid failures, Osaka withdraws, Australia’s winter forecast

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Good morning. How is Melbourne’s aged cared sector again facing a Covid outbreak? That’s the question many are asking as the number of cases continues to rise in Victoria, despite the lockdown. If the winter blues are...

Winter forecast points to warmer conditions as La Niña flicks switch to neutral

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Australia is facing a warmer than average winter across most of the country, according to the Bureau of Meteorology’s annual winter outlook. It predicts higher than average minimum temperatures across Australia, with ...

Value of UK house sales forecast to leap 46% this year as boom continues

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The total value of homes sold in the UK is expected to reach £461bn this year, a jump of 46% on 2020, indicating the current housing market boom is likely to continue, according to a new prediction. The property websi...

British Airways owner IAG hit by €1.2bn loss amid ‘uncertain’ passenger forecast

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The owner of British Airways, International Airlines Group, reported a €1.2bn pre-tax loss for the first quarter and reiterated the need for the rollout of digital vaccine passports to enable the beleaguered aviation ...

V-shaped recession forecast is good news but not the start of a golden period for UK

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If the Bank of England is right, Britain is on course for its strongest annual growth since 1941 – the year of Pearl Harbor and Hitler’s invasion of Russia. The latest forecasts from Threadneedle Street are stronger i...

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