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Asian shares on slippery slope as trade tensions take toll

1 month ago DieselGasoil Comments Off on Asian shares on slippery slope as trade tensions take toll
SYDNEY (Reuters) – Asian shares started the week in the red again on Monday, faltering for the eighth straight day and the dollar climbed against major currencies after U.S.... Read More

Oil prices climb as U.S. energy firms cut rigs, Iran sanctions loom

1 month ago DieselGasoil Comments Off on Oil prices climb as U.S. energy firms cut rigs, Iran sanctions loom
SINGAPORE (Reuters) – Oil prices rose on Monday as the number of U.S. rigs drilling for new production was cut last week and as the market is expected to... Read More

SEC halts trading in two cryptocurrency products, citing market confusion

1 month ago DieselGasoil Comments Off on SEC halts trading in two cryptocurrency products, citing market confusion
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission said on Sunday it was immediately suspending trading in two investment products that track cryptocurrencies, citing confusion in the... Read More

SEC halts trading in two cryptocurrency products, citing market 'confusion'

1 month ago DieselGasoil Comments Off on SEC halts trading in two cryptocurrency products, citing market 'confusion'
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission said on Sunday it was immediately suspending trading in two investment products that track cryptocurrencies, citing “a lack of... Read More

CBS settles lawsuit over company control; Moonves to resign: sources

1 month ago DieselGasoil Comments Off on CBS settles lawsuit over company control; Moonves to resign: sources
NEW YORK (Reuters) – CBS Corp (CBS.N) has reached a deal to settle litigation over the control of the company with its controlling shareholder Shari Redstone and National Amusements... Read More

Alibaba's Jack Ma to unveil succession plan next week, remain chairman

1 month ago DieselGasoil Comments Off on Alibaba's Jack Ma to unveil succession plan next week, remain chairman
BEIJING (Reuters) – Alibaba Group Holding Ltd’s (BABA.N) billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a... Read More

China's record trade surplus with U.S. adds fuel to trade war fire

1 month ago DieselGasoil Comments Off on China's record trade surplus with U.S. adds fuel to trade war fire
BEIJING (Reuters) – China’s trade surplus with the United States widened to a record in August even as the country’s export growth slowed slightly, an outcome that could push... Read More

Tesla shares reel as executives quit and CEO smokes pot on webcast

1 month ago DieselGasoil Comments Off on Tesla shares reel as executives quit and CEO smokes pot on webcast
(Reuters) – Tesla Inc Chief Executive Elon Musk was filmed smoking marijuana and wielding a sword on a webcast, just hours before the automaker said its recently-appointed accounting chief... Read More

Trump ups ante on China, threatens duties on nearly all its imports

1 month ago DieselGasoil Comments Off on Trump ups ante on China, threatens duties on nearly all its imports
ABOARD AIR FORCE ONE/WASHINGTON (Reuters) – U.S. President Donald Trump warned on Friday he was ready to slap tariffs on virtually all Chinese imports into the United States, threatening... Read More

Canada's Freeland sees 'very good progress' in NAFTA trade talks

1 month ago DieselGasoil Comments Off on Canada's Freeland sees 'very good progress' in NAFTA trade talks
WASHINGTON (Reuters) – Canada’s top trade negotiator said on Friday she and her U.S. counterpart were making “very good progress” in talks to save the North American Free Trade... Read More