Bloomberg Pittsburgh is more than 200 miles (320 kilometers) from the nearest coast, yet its office and retail buildings face $420 million in exposure to flood damage, or the third-greatest of any city in the US, according to a report. Commercial structures across the US could face up to $13.5 billion in damage in 2022, an amount that will ...

  Bloomberg The soaring costs and staffing shortages plaguing the UK’s food-supply chain show little sign of ebbing next year, industry groups warned. The country’s slaughterhouses and produce farms have been hit by worker shortages and transport bottlenecks this year, while rocketing prices of fertilizer, energy, packaging and feed are adding to the woes. Those pressures will be maintained on ...

  Bloomberg Swedish inflation accelerated more than expected in November to the highest level in almost 28 years, testing the central bank’s patience for a price surge it believes to be largely transitory. The Riksbank’s target measure, CPIF, stood at 3.6% last month, Statistics Sweden said. It is the highest since December 1993, just over a year before the inflation ...