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Walmart to create Angus beef supply chain

7 hours ago DieselGasoil Comments Off on Walmart to create Angus beef supply chain
FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski (Reuters) – Walmart Inc said on Wednesday it would enter the U.S. beef industry by creating an end-to-end supply chain of Angus beef, as it looks to offer higher quality meat to customers in an Read More

Boeing withdraws 2019 financial forecast & pauses share buybacks amid mounting concerns over 737 MAX

7 hours ago DieselGasoil Comments Off on Boeing withdraws 2019 financial forecast & pauses share buybacks amid mounting concerns over 737 MAX
The yet unresolved issues surrounding Boeing’s once best-selling 737 MAX aircraft have forced the world’s biggest aerospace corporation to pull its full financial forecast for the current year. Moreover, Boeing announced plans to pause share buybacks, citing “a challenging time for our customers, stakeholders and the company.” “Across the company, we are focused on safety, Read More

Caterpillar slips as higher costs dent margins at construction business

7 hours ago DieselGasoil Comments Off on Caterpillar slips as higher costs dent margins at construction business
(Reuters) – Caterpillar Inc spooked investors for a second straight quarter as rising costs hit margins in its construction equipment business and tepid sales in the Asia Pacific region pointed to continuing subdued growth in China. FILE PHOTO: A row of excavators are seen at the Caterpillar booth at the CONEXPO-CON/AGG convention at the Las Read More

Less red tape & better business environment Russia’s best response to external constraints – Putin

7 hours ago DieselGasoil Comments Off on Less red tape & better business environment Russia’s best response to external constraints – Putin
Published time: 24 Apr, 2019 14:59 The most important task for Russia should be a change in the structure of its economy to ensure development for the country’s future, said President Vladimir Putin at a meeting of the council of legislators in St. Petersburg. According to Putin, that will help to quickly and effectively deal Read More

Related to buy AT&T’s WarnerMedia headquarters for $2.2 billion

8 hours ago DieselGasoil Comments Off on Related to buy AT&T’s WarnerMedia headquarters for $2.2 billion
FILE PHOTO: The Hudson Yards development, a residential, commercial, and retail space on Manhattan’s West side, during the grand opening in New York City, New York, U.S., March 15, 2019. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Developer Related Companies said on Tuesday one of its affiliates has agreed to buy the global headquarters of Read More

Boeing hives off 210 orders after Jet halts operations

8 hours ago DieselGasoil Comments Off on Boeing hives off 210 orders after Jet halts operations
FILE PHOTO: The Boeing logo is seen at their headquarters in Chicago, in this April 24, 2013 file photo. Boeing Co on April 27, 2016, reported a 9 percent drop in first-quarter profit, citing an after-tax charge from the KC-46 aerial refueling tanker it is developing for the U.S. Air Force. REUTERS/Jim young (Reuters) – Read More

Big brands dive into esports to court youth market: Nielsen

9 hours ago DieselGasoil Comments Off on Big brands dive into esports to court youth market: Nielsen
NEW YORK (Reuters) – From snack companies to carmakers, a wide range of brands is trying to reach one of the hottest demographic groups around: esports fans. FILE PHOTO: Esports – ESL One – Dota 2 Major – Arena Birmingham, Birmingham, Britain – May 26, 2018 General view as fans watch on Action Images via Read More

Wall Street set for flat open after Boeing, Caterpillar earnings

9 hours ago DieselGasoil Comments Off on Wall Street set for flat open after Boeing, Caterpillar earnings
(Reuters) – Wall Street was set to open flat on Wednesday after a record-setting rally in the previous session, as investors assessed quarterly reports from industrial bellwethers Boeing and Caterpillar. FILE PHOTO: A trader speaks to a floor official on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 23, Read More

Boeing abandons financial outlook, stops buybacks after 737 MAX groundings

9 hours ago DieselGasoil Comments Off on Boeing abandons financial outlook, stops buybacks after 737 MAX groundings
(Reuters) – Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and announced $1 billion in increased costs due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Read More

Bye bye dollar! Buy buy gold! Russia fills vaults with another 600,000 ounces

9 hours ago DieselGasoil Comments Off on Bye bye dollar! Buy buy gold! Russia fills vaults with another 600,000 ounces
The Central Bank of Russia keeps buying gold, adding some 18.7 tons of the precious metal to the county’s vast stockpile in March alone, according to the latest figures released by the regulator. The boost brought Russia’s estimated gold holdings to more than 2,170 tons (69,700,000 ounces), that amounts to nearly 18 percent of the Read More