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Lufthansa expects jet fuel prices to rise about 18%, increasing its costs by roughly €1.5 billion.

2026-09-29

Lufthansa expects jet fuel prices to rise about 18%, increasing its costs by roughly €1.5 billion.

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2026-09-29

China's National Climate Center said a typically strong El Niño creates cross-season, lagged climate disturbances that often peak in the following year and is not the sole driver of China's climate. In El Niño decay years, an anomalously strong weste

China's National Climate Center said a typically strong El Niño creates cross-season, lagged climate disturbances that often peak in the following year and is not the sole driver of China's climate. In El Niño decay years, an anomalously strong western Pacific subtropical high tends to push warm, moist air into China. Coupled with ongoing global warming and a strengthened northern rain belt, summers may see heavier, longer-duration rainfall and more intense heatwaves. The center advised monitoring this winter's intermittent severe cold snaps for impacts on northern heating demand and next summer's widespread heat for higher air-conditioning loads and peak power demand. El Niño's basin-specific effects can produce spatial mismatches in river inflows, abnormal load-peak volatility and added pressure on reservoir dispatch.
2026-09-30

Bank of Canada Deputy Governor: We don’t want to react to every small deviation, because these deviations can provide useful market signals.

Bank of Canada Deputy Governor: We don’t want to react to every small deviation, because these deviations can provide useful market signals.
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