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Tag: expected

Tropical Storm Vicky forms off Africa; expected to be ‘short-lived’

Tropical Storm Vicky forms off Africa; expected to be ‘short-lived’

World
Sept. 14 (UPI) -- Tropical Storm Vicky in the Atlantic Ocean has grown stronger than expected, forecasters said early Tuesday while maintaining that the system is to weaken over the next few days. In a 2 a.m. CVT advisory, the National Hurricane Center said Vicky was located 455 miles west-northwest of the Cabo Verde Islands. It had maximum sustained winds of 50 mph and was moving northwest at 7 mph. Advertisement Vicky, which had previously been known as tropical depression 21, is the 20th tropical storm of the 2020 season and set a new early record for a "V" named storm. It was formed off the western coastline of Africa and strengthened into a tropical storm on Monday. The NHC said it expects Vicky to dissipate by mid-week. "Weakening is forecast due to strong upper-level winds during t...
UK economy rebounds more slowly than expected

UK economy rebounds more slowly than expected

Business
The UK's economy rebounded more slowly than expected in May, growing just 1.8% from the previous month, as the gradual easing of lockdown had a modest impact.Manufacturing and house building showed signs of recovery in May as some firms saw staff return to work. But the Office for National Statistics said the economy was "in the doldrums".As a result of big contractions in previous months, the UK economy is now 24.5% smaller than it was in February, the ONS added.What do the experts make of the latest figures?The return to economic growth in May was described as "disappointing" by economists, who had expected an expansion of 5% or more. UK 'faces tax rises or spending cuts' What is a recession? The increase came after a fall of 6.9% in March and a record ...
Donald Trump: Tulsa rally fails to draw expected crowds amid virus fears

Donald Trump: Tulsa rally fails to draw expected crowds amid virus fears

World
Media playback is unsupported on your device US President Donald Trump has held his first campaign rally since the US coronavirus lockdown began, in front of a smaller than expected crowd. Mr Trump had boasted earlier this week that almost a million people had requested tickets for the event at Tulsa's Bank of Oklahoma Center.But the 19,000-seat arena was far from full and plans for him to address an outside "overflow" area were abandoned.There had been concerns about holding the rally during the pandemic.Coronavirus was one issue Mr Trump touched on in his wide-ranging, almost two-hour-long speech to cheering supporters in Oklahoma, a Republican heartland.Mr Trump said he told officials to slow down Covid-19 testing because so many cases were...
Cash handouts for self-employed expected as Sunak to reveal new COVID-19 package

Cash handouts for self-employed expected as Sunak to reveal new COVID-19 package

Business
A coronavirus bail-out for the self-employed is being unveiled by the chancellor after pressure from MPs, but handouts could go to only one in three of the five million who work for themselves.Rishi Sunak will announce an emergency package at Boris Johnson's daily Downing Street news conference, promising help for groups such as builders, taxi drivers, hairdressers and childminders. But while he will promise to match the 80% of earnings he promised staff employees last Friday, the monthly cap is likely to be lower than the £2,500 in that coronavirus scheme because many self-employed pay less tax.And it is likely only about 1.7 million, a third of the UK's self-employed, will qualify, with those who have separate earnings as company employees and those on Universal Credit - already promised
Microsoft says virus hurting supply chain more than expected

Microsoft says virus hurting supply chain more than expected

Technology
The virus outbreak in China is hurting Microsoft more than expected, as the company says it won't meet targets that had already factored in the uncertaintyBy MATT O'BRIEN AP Technology WriterFebruary 26, 2020, 10:34 PM2 min readREDMOND, Wash. -- The virus outbreak in China is hurting Microsoft more than expected, as the company said it won't meet targets that had already factored in the uncertainty. In particular, Microsoft said revenue from Windows licenses and its Surface devices “are more negatively impacted than previously anticipated.” The company said demand for Windows products is still strong, but getting the supply chain back to normal is taking longer. That goes for both Microsoft-made Surface devices and Windows products made by third parties, which include Acer and Lenovo. Las