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U.S. labor market remains strong, manufacturing still weak

31 mins ago DieselGasoil Comments Off on U.S. labor market remains strong, manufacturing still weak
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace. FILE PHOTO: Job seekers line up at TechFair in Los Angeles, California, U.S. March 8, 2018. REUTERS/Monica Almeida/File Photo Other Read More

Do you know who owns all the land in Canada? Not its citizens

31 mins ago DieselGasoil Comments Off on Do you know who owns all the land in Canada? Not its citizens
The second largest country in the world by total area, Canada, is one of the most highly urbanized globally. However, none of its citizens have the right to own physical land in the country. Land in Canada is solely owned by Britain’s Queen Elizabeth II, who is also the head of state. Canadian law in Read More

Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry

2 hours ago DieselGasoil Comments Off on Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry
LONDON (Reuters) – World share markets and bond yields nudged modestly higher on Thursday as the U.S. Federal Reserve’s second interest rate cut of the year and promises of support from other top central banks kept global recession jitters at bay. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Huawei takes on Apple’s new iPhone 11 with Mate 30 range

2 hours ago DieselGasoil Comments Off on Huawei takes on Apple’s new iPhone 11 with Mate 30 range
MUNICH (Reuters) – Huawei launched its Mate 30 smartphone range on Thursday in a challenge to Apple’s (AAPL.O) new iPhone 11, saying the Chinese firm’s new devices were more compact, their cameras superior and wraparound screens brighter. Richard Yu, CEO of Huawei’s consumer business group, launches the Mate 30 smartphone range at the Convention Read More

Wall Street futures tick lower after mixed policy signals from Fed

3 hours ago DieselGasoil Comments Off on Wall Street futures tick lower after mixed policy signals from Fed
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stock index futures were lower on Thursday after the Federal Reserve delivered a widely expected interest rate cut but played down hopes of further monetary easing. New projections showed Read More

Biotech is going to the dogs – and big profits await

3 hours ago DieselGasoil Comments Off on Biotech is going to the dogs – and big profits await
(Reuters) – For Jessica Lescault there is no question that her 6-year old English bulldog “Moose” deserves cutting-edge biotechnology cancer treatment as much as any human patient. “Pets are your loved ones, pets should be your family, pets are not something you keep on a chain in the backyard,” the intensive-care nurse from Somers, Connecticut, Read More

France and Germany united on strategy to fight global slowdown: French minister

3 hours ago DieselGasoil Comments Off on France and Germany united on strategy to fight global slowdown: French minister
French Finance Minister Bruno Le Maire, German Economy Minister Peter Altmaier and German Finance Minister Olaf Scholz arrive to attend a joint news conference after a meeting in Paris, France, September 19, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and Germany are agreed on a joint strategy to respond to a global economic slowdown at Read More

Airbus to boost cooperation with China, Tianjin to be firm’s manufacturing center in Asia

4 hours ago DieselGasoil Comments Off on Airbus to boost cooperation with China, Tianjin to be firm’s manufacturing center in Asia
Airbus has announced plans to enhance its long-term collaboration with China’s aviation industry, ramping up single-aisle production at its Tianjin final assembly line and forming new ties with Chinese suppliers. The European aircraft manufacturer will begin plans to assemble six A320 planes a month at the Tianjin facility by the year’s end, which is a 50 Read More

VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report

4 hours ago DieselGasoil Comments Off on VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report
FILE PHOTO: A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer BERLIN (Reuters) – Volkswagen (VOWG_p.DE) and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany’s Stuttgarter Zeitung said on Thursday. The newspaper said the Tiguan, Read More

Facebook unveils new Portal video chat, TV streaming devices

4 hours ago DieselGasoil Comments Off on Facebook unveils new Portal video chat, TV streaming devices
SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) unveiled new models of its Portal video chatting devices on Wednesday, making the company’s first foray into TV streaming hardware but offering a limited selection of subscription services. The launch comes as Facebook is trying to pivot toward more private forms of communication, after years of slowing user Read More