newszine

Short & distort? The ugly war between CEOs and activist critics

27 mins ago DieselGasoil Comments Off on Short & distort? The ugly war between CEOs and activist critics
NEW YORK (Reuters) – On the morning of July 11, Paul Pittman was on a corn farm in Western Illinois, unaware his company had taken a devastating hit. Joshua Mitts, Associate Professor of Law at Columbia University in New York City, is seen in this undated photo released from New York, NY, U.S., March 8, Read More

Fed sees no rate hikes in 2019, sets end to asset runoff

7 hours ago DieselGasoil Comments Off on Fed sees no rate hikes in 2019, sets end to asset runoff
WASHINGTON (Reuters) – The U.S. Federal Reserve on Wednesday brought its three-year drive to tighten monetary policy to an abrupt end, abandoning projections for any interest rate hikes this year amid signs of an economic slowdown, and saying it would halt the steady decline of its balance sheet in September. The measures, announced following the Read More

Fed sees no rate hikes in 2019, plans balance sheet reduction slowdown

9 hours ago DieselGasoil Comments Off on Fed sees no rate hikes in 2019, plans balance sheet reduction slowdown
WASHINGTON (Reuters) – The Federal Reserve took a sharply less aggressive policy posture on Wednesday, signaling it will not hike interest rates this year amid a slowing economy and announcing a plan to end its balance sheet reduction program by September. The U.S. central bank reiterated its pledge to be “patient” on monetary policy, and Read More

Fed sees no rate hikes in 2019, plans to slow balance sheet reduction

11 hours ago DieselGasoil Comments Off on Fed sees no rate hikes in 2019, plans to slow balance sheet reduction
WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wednesday and its policymakers abandoned projections for further rate hikes this year as the U.S. central bank flagged an expected slowdown in the economy. Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis In a major Read More

Hopes of Fed standing pat on rate hikes drive Wall Street higher

2 days ago DieselGasoil Comments Off on Hopes of Fed standing pat on rate hikes drive Wall Street higher
(Reuters) – Wall Street’s main indexes climbed on Tuesday, as investors hoped for a more accommodative policy stance at the end of the Federal Reserve’s two-day meeting this week. FILE PHOTO: A trader passes by screens showing Spotify on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 13, 2019. Read More

Wall Street treads water as Boeing, Facebook weigh; Fed meeting on tap

2 days ago DieselGasoil Comments Off on Wall Street treads water as Boeing, Facebook weigh; Fed meeting on tap
(Reuters) – U.S. stocks flitted between gains and losses on Monday, with losses in Boeing and Facebook limiting gains while investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes. FILE PHOTO: A trader works on the floor at the New York Stock Exchange Read More

Oil dips on weak economic outlook, but OPEC-led cuts still support

3 days ago DieselGasoil Comments Off on Oil dips on weak economic outlook, but OPEC-led cuts still support
SINGAPORE (Reuters) – Oil prices dipped early on Monday, weighed down by concerns that a global economic downturn may dent fuel consumption. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd Korol/File Photo/File Photo However, crude markets remain broadly supported by supply cuts led Read More

Archeio Technologies and Tourmaline Oil standardize unstructured business data

3 days ago DieselGasoil Comments Off on Archeio Technologies and Tourmaline Oil standardize unstructured business data
3/17/2019 DALLAS — Archeio Technologies, the provider of oil & gas content management and smart search technology, announces that it has signed a license agreement with Tourmaline Oil Corp. to deploy Archeio’s SkyWell software company wide. Following a two-month selection process that compared SkyWell to multiple enterprise content management solutions, the Canadian-based oil & gas Read More

Malaysia threatens WTO challenge to EU's move to drop palm biofuel

4 days ago DieselGasoil Comments Off on Malaysia threatens WTO challenge to EU's move to drop palm biofuel
Land that has been cleared is pictured at an oil palm plantation in Johor, Malaysia February 26, 2019. REUTERS/Edgar Su KUALA LUMPUR (Reuters) – Malaysia on Saturday threatened to bring a World Trade Organization challenge if the European Union goes ahead with recommendations to phase out palm oil from transport fuel used in the bloc. Read More

U.S. oil waivers that rocked market in 2018 coming back to focus

6 days ago DieselGasoil Comments Off on U.S. oil waivers that rocked market in 2018 coming back to focus
By Bloomberg News on 3/15/2019 SINGAPORE and BEIJING (Bloomberg) — Uncertainty over U.S. waivers for buyers of Iranian oil is starting to grip the market again, under very different circumstances than when American sanctions were set to go into effect last year. Before existing exemptions were granted in early November, Saudi Arabia was pumping at Read More