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Russian Nord Stream 2 gas pipeline to Europe will be completed this year

2 months ago DieselGasoil Comments Off on Russian Nord Stream 2 gas pipeline to Europe will be completed this year
Construction of the Nord Stream 2 pipeline’s branches will be finished by the end of this year, according to the project’s chief financial director Paul Corcoran. “The first line will be ready in November, the second in December,” he said at the European Gas Conference on Tuesday. The $11 billion Read More

Stocks inch up before Fed as Apple relief offsets Brexit complications

2 months ago DieselGasoil Comments Off on Stocks inch up before Fed as Apple relief offsets Brexit complications
MILAN (Reuters) – World stocks inched up and the dollar steadied on Wednesday ahead of policy guidance from the U.S. Federal Reserve, with Apple results providing relief while market confidence that a no-deal Brexit can be avoided took a hit. FILE PHOTO – A woman using a smartphone is reflected on a stock quotation board Read More

Oil prices steady, torn between Venezuela sanctions and gloomy economy

2 months ago DieselGasoil Comments Off on Oil prices steady, torn between Venezuela sanctions and gloomy economy
LONDON (Reuters) – Oil prices held steady on Wednesday, boosted by concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry but pegged back by a bleak outlook for the global economy. FILE PHOTO – Oil facilities are seen on Lake Maracaibo in Cabimas, Venezuela January 29, 2019. REUTERS/Isaac Urrutia U.S. West Texas Intermediate Read More

Israel, Intel agree to reciprocal spending deal: ministry

2 months ago DieselGasoil Comments Off on Israel, Intel agree to reciprocal spending deal: ministry
FILE PHOTO: Intel logo is seen behind LED lights in this illustration taken January 5, 2018. REUTERS/Dado Ruvic/Illustration/File Photo JERUSALEM (Reuters) – Intel Corp has committed to buy 15 billion shekels ($4 billion) of Israeli products and services over the next six years as it begins a massive expansion of its local operations, Israel’s economy Read More

Russia vows to defend its Venezuelan oil assets

2 months ago DieselGasoil Comments Off on Russia vows to defend its Venezuelan oil assets
Russia will defend its interests in Venezuela within the international law using “all mechanisms available to us,” Dmitry Peskov, spokesman for Russia’s President Vladimir Putin, told Russian media on Tuesday. Russia has kept close ties with Venezuelan President Nicolas Maduro and has extended loans to Venezuela, including oil firm Rosneft lending money to Venezuela’s state-held Read More

Ghosn says allegations result of Nissan executives opposing integration plans with Renault

2 months ago DieselGasoil Comments Off on Ghosn says allegations result of Nissan executives opposing integration plans with Renault
FILE PHOTO: Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, poses after the Renault’s 2015 annual results presentation at their headquarters in Boulogne-Billancourt, near Paris, France, February 12, 2016. REUTERS/Benoit Tessier/File Photo TOKYO (Reuters) – Carlos Ghosn said Nissan executives opposed to his plan for closer ties with automaking partner Renault SA were behind Read More

South Korean city approves low-wage carmaking JV with Hyundai Motor

2 months ago DieselGasoil Comments Off on South Korean city approves low-wage carmaking JV with Hyundai Motor
FILE PHOTO: The logo of Hyundai Motor is seen at its dealership in Seoul, South Korea, April 26, 2017. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – A council in the South Korean city of Gwangju on Wednesday approved a low-wage carmaking joint venture with Hyundai Motor, an official at the council said. The automaker and the Read More

BlackRock cuts stake in scandal-hit Danske Bank to below 5 percent

2 months ago DieselGasoil Comments Off on BlackRock cuts stake in scandal-hit Danske Bank to below 5 percent
FILE PHOTO: Danske Bank sign is seen on a building in Copenhagen, Denmark, September 27, 2018. REUTERS/Jacob Gronholt-Pedersen/File Photo COPENHAGEN (Reuters) – BlackRock has cut its holding in Danske Bank, which is embroiled in a major money laundering scandal, Denmark’s biggest bank said in a statement. The world’s largest fund manager, which owned 5.27 percent Read More

Renault-Nissan group sold most cars last year, but VW's No.1 including trucks

2 months ago DieselGasoil Comments Off on Renault-Nissan group sold most cars last year, but VW's No.1 including trucks
FILE PHOTO: An attendee takes a photograph of Volkswagen cars at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Rebecca Cook TOKYO (Reuters) – Volkswagen Group has held on to its position as the world’s top-selling automaker for the fifth year in a row, although the German group was edged Read More

Asian shares steady on Apple relief as investors eye Fed, U.S.-China talks

2 months ago DieselGasoil Comments Off on Asian shares steady on Apple relief as investors eye Fed, U.S.-China talks
TOKYO (Reuters) – Asian equities steadied on Wednesday as investors awaited Federal Reserve policy guidance and the outcome of high level trade talks between the United States and China, while drawing relief from Apple Inc’s earnings. FILE PHOTO – A woman using a smartphone is reflected on a stock quotation board outside a brokerage in Read More