Category: Depot

Indonesia Fuel Depot Fire Kills 19; 3 Still Missing

March 5, 2023
Asia & PacificDepotfireIndonesiaWorld
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JAKARTA, Indonesia—Indonesian rescuers and firefighters on Sunday searched for three people who were still missing after a large fire spread from a fuel storage depot in the capital and killed at least 19 people. The Plumpang fuel storage station, operated by state-run oil and gas company Pertamina, is near a densely populated area in the…

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Fire at Indonesian Oil Depot Kills 17; Thousands Evacuated

March 3, 2023
Asia & PacificDepotfireIndonesiaWorld
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JAKARTA, Indonesia—A large fire broke out at a fuel storage depot in Indonesia’s capital Friday, killing at least 17 people, injuring dozens of others and forcing the evacuation of thousands of nearby residents after spreading to their neighborhood, officials said. The Plumpang fuel storage station, operated by state-run oil and gas company Pertamina, is near…

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US Retailer Home Depot Leaves Outlook Unchanged as Housing Market Slows

November 15, 2022
Business & MarketsCompaniesDepoteconomyHOMEinflationMarketsOutlookrecessionUSUS News
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Home Depot Inc. on Tuesday left its annual forecasts unchanged even as quarterly results topped Wall Street expectations, raising concerns about demand heading into the holiday season amid a slowing housing market. Shares in the largest U.S. home improvement chain slipped in early trade, with the number of transactions falling in the quarter as surging…

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Home Depot Beats Sales Estimates as Home Improvement Spending Holds Strong

November 16, 2021
Business & EconomyBusinesses in COVID-19CompaniesDepotEconomieseconomyHOMEMarketssalesspendingUSUS News
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Home Depot Inc. beat quarterly sales estimates by nearly $2 billion on Tuesday as Americans, buoyed by a strong housing market, hired more builders and handymen to complete large home improvement projects, boosting demand for tools and materials. Professional contractors have been rushing back to Home Depot’s stores as they look to upgrade their toolkits…

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Home Depot Guarded on Future Demand After Bumper First-Quarter Sales

May 18, 2021
BusinessCompaniesdemandDepoteconomyHOMEpandemicUSUS News
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Home Depot on Tuesday cautioned it was difficult to predict how its business would be impacted by a potential change in shopping habits in the coming months as the reopening of the U.S. economy threatens to slow a pandemic-fueled sales boom. The lack of a solid forecast from the top U.S. home improvement retailer, which…

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Russia Expels 20 Czechs After Blast Blamed on Skripal Suspects

April 18, 2021
CzechsDepotEuropeexpelexplosionInternationalRussiansWorld
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MOSCOW/PRAGUE—Moscow expelled 20 Czech diplomats on Sunday in a confrontation over Czech allegations that two Russian spies accused of a nerve agent poisoning in Britain in 2018 were behind an earlier explosion at a Czech ammunition depot that killed two people. Prague had on Saturday ordered out 18 Russian diplomats, prompting Russia to vow on…

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