Hussain Sajwani, the chairman of Damac Properties, one of the United Arab Emirate's largest private real estate developers, sought to downplay the severity of flooding.
https://www.cnbc.com/2024/04/28/dubai-damac-property-boss-says-floods-were-overexaggerated.html
A preliminary 79 tornadoes were reported Friday across six states, most occurring in Nebraska and Iowa, where homes were leveled and buildings collapsed.
Asia was the world's most disaster-hit region from extreme weather and climate in 2023, exacerbated by climate change, according to a new UN report.
https://www.cnbc.com/2024/04/26/asia-most-impacted-by-extreme-weather-and-climate-in-2023-wmo.html
The deluge closed schools and businesses, grounded hundreds of flights, and destroyed cars, businesses and other property.
Athens and the south of Greece appeared to be coloured in orange and red after dust from the Sahara engulfed the city on Tuesday evening.
https://www.cnbc.com/2024/04/24/photos-show-sahara-dust-turn-athens-orange.html
Roughly a year's worth of rain pummeled the Gulf country in a span of just 12 hours between April 16 and 17, destroying businesses, cars and other property.
https://www.cnbc.com/2024/04/23/uae-floods-central-bank-asks-lenders-to-defer-loan-repayments-.html
"We know our response has been far from perfect. We acknowledge and understand the frustration of our customers," Emirates Airline CEO Tim Clark wrote.
https://www.cnbc.com/2024/04/22/emirates-airline-ceo-issues-apology-after-dubai-flood-chaos.html
Urban environments paved over nature like Dubai with no way to drain the water from more frequent, massive rainfalls need new solutions for climate change fast.
Dubai Airports CEO said he expects services to return "close to normality" soon as the major transit hub deals with the fallout from unprecedented flooding.
https://www.cnbc.com/2024/04/19/dubai-airport-flood-ceo-expects-normal-service-within-24-hours.html
The UAE continues to reel from floods caused by the heaviest rainfall ever recorded in the desert state.
The NCM said it had tracked the incoming heavy rainfall but did not target any clouds during that period, attributing the storm to natural rainfall.
https://www.cnbc.com/2024/04/17/uae-denies-cloud-seeding-took-place-before-severe-dubai-floods.html
The government there also issued a red warning, and shuttered offices, school and banks.
The downpour prompted flight cancellations and delays at Dubai's airport, with travelers stranded for hours in both the terminal and on the tarmac.
Flights into Dubai International Airport were temporarily diverted as a result of the storms, which appeared to inundate the tarmac.
https://www.cnbc.com/2024/04/17/heavy-rains-cause-rare-flooding-in-dubai.html
A magnitude 4.8 earthquake was felt throughout New York City, surrounding suburbs and New Jersey on Friday morning.
The radio frequency company offers information on weather and ship and aircraft movements, and has a space services business.
Paul Cavey of East Asia Econ discusses how the earthquake in Taiwan might affect its economy.
https://www.cnbc.com/video/2024/04/04/economist-discusses-impact-of-taiwan-earthquake.html
The report found that floods remained the most costly threat for the fourth consecutive year, representing over 64% of total losses in 2023.
The island was rocked by a massive earthquake that collapsed buildings and prompted tsunami advisories from Japan and the Philippines.
https://www.cnbc.com/2024/04/03/tsmc-evacuates-some-factory-lines-after-taiwan-earthquake.html
Fall in productivity is expected to rise to 14% in 2035, leading to an economic loss of S$2.22 billion ($1.64 billion), after adjusting for inflation.
Sujan Hajra of Anand Rathi Shares & Stock Brokers says that Bengaluru's rapid population increase, along with the decrease in the number of natural water bodies have led to the water crisis faced...
In the 1990s, the UAE introduced a rain enhancement methodology called cloud seeding.
The cause of the Smokehouse Creek Fire is still under investigation by Texas officials, but the utility company said it is also conducting its own review.
Flood insurance policies generally exclude personal property in basements. Odds are low that furniture, electronics and other items would be covered.
https://www.cnbc.com/2024/02/20/why-flood-insurance-likely-omits-stuff-in-your-basement.html
Renters and homeowners are beginning to factor climate risks into moving decisions. Yet, affordability remains the deciding factor.
https://www.cnbc.com/2024/02/16/where-people-are-moving-to-escape-poor-air-quality.html
Christopher Swift, The Hartford Chairman & CEO, joins 'Closing Bell Overtime' to talk the insurance sector, inflation in the insurance industry, pulling some offerings out of Califronia and more.
CNBC found evidence of safety shortcomings in the public utility sector and a lack of state oversight.
https://www.cnbc.com/video/2024/02/07/public-utilities-fall-short-on-wildfire-risk-mitigation.html
Damaging winds, brief tornadoes and waterspouts are also possible Sunday along coasts and valleys in southwest California, said the National Weather Service.
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CN...
https://www.cnbc.com/video/2024/01/26/revisiting-maui-six-months-after-devastating-wildfires.html
The mayor declared a state of emergency as nearly 3 inches of rain Monday left standing water around multiple locations.