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Wall Street drops as economic outlook, corporate forecasts sour

2 hours ago DieselGasoil Comments Off on Wall Street drops as economic outlook, corporate forecasts sour
NEW YORK (Reuters) – U.S. stocks ended lower on Tuesday, snapping a four-session rally, as a gloomy global economic growth outlook, trade concerns and disappointing company forecasts dampened sentiment. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 22, 2019. REUTERS/Brendan McDermid All three major U.S. stock Read More

Wall Street ends four-day rally as economic outlook, corporate forecasts sour

4 hours ago DieselGasoil Comments Off on Wall Street ends four-day rally as economic outlook, corporate forecasts sour
NEW YORK (Reuters) – Wall Street ended its four-day rally on Tuesday as a gloomy global economic growth outlook and disappointing company forecasts dampened investor spirits at the height of fourth-quarter reporting season. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 22, 2019. REUTERS/Brendan McDermid All Read More

Apache Corporation Named One of the World’s Most Admired Companies by Fortune

11 hours ago DieselGasoil Comments Off on Apache Corporation Named One of the World’s Most Admired Companies by Fortune
HOUSTON, Jan. 22, 2019 (GLOBE NEWSWIRE) — Apache Corporation (NYSE, Nasdaq: APA) has been named by FORTUNE magazine as one of the World’s Most Admired Companies. This is Apache’s second consecutive year to be recognized in the annual list. “We are honored to again be included in this group of world-class companies. Apache’s core values Read More

'A List' climate change firms outperform on stock market – survey

14 hours ago DieselGasoil Comments Off on 'A List' climate change firms outperform on stock market – survey
OSLO (Reuters) – Apple (AAPL.O), L’Oreal (OREP.PA) and Mitsubishi Electric (6503.T) are among more than 120 global firms which scored top marks in a ranking of corporate efforts to slow climate change. FILE PHOTO: An Apple company logo is seen behind tree branches outside an Apple store in Beijing, China December 14, 2018. REUTERS/Jason Lee/File Read More

Foxconn says there is a need to hire 50,000 people in first-quarter after job cut reports

15 hours ago DieselGasoil Comments Off on Foxconn says there is a need to hire 50,000 people in first-quarter after job cut reports
FILE PHOTO – The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu TAIPEI (Reuters) – Taiwan’s Foxconn (2317.TW), assembler of Apple Inc’s (AAPL.O) iPhones, on Tuesday said it still has a need to hire 50,000 people Read More

Exclusive: Tesla says it received battery quotes from China's Lishen but no deal agreed

16 hours ago DieselGasoil Comments Off on Exclusive: Tesla says it received battery quotes from China's Lishen but no deal agreed
BEIJING (Reuters) – Tesla Inc (TSLA.O) said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory but had not signed any agreement with the Chinese firm. FILE PHOTO: Visitors are seen at the booth of Lishen Battery at a new energy expo in Beijing, China Read More

Exclusive: Tesla in talks with China's Lishen over Shanghai battery contract – sources

18 hours ago DieselGasoil Comments Off on Exclusive: Tesla in talks with China's Lishen over Shanghai battery contract – sources
BEIJING (Reuters) – Tesla Inc (TSLA.O) has signed a preliminary agreement with China’s Tianjin Lishen to supply batteries for its new Shanghai car factory, as it aims to cut its reliance on Japan’s Panasonic (6752.T), two sources with direct knowledge of the matter said. FILE PHOTO: Visitors are seen at the booth of Lishen Battery Read More

'A List' climate change firms outperform on stock market: survey

23 hours ago DieselGasoil Comments Off on 'A List' climate change firms outperform on stock market: survey
OSLO (Reuters) – Apple, L’Oreal and Mitsubishi Electric are among more than 120 global firms which scored top marks in a ranking of corporate efforts to slow climate change. FILE PHOTO: An Apple company logo is seen behind tree branches outside an Apple store in Beijing, China December 14, 2018. REUTERS/Jason Lee/File Photo Many companies Read More

Global stock markets falter after China data confirms economic slowdown

1 day ago DieselGasoil Comments Off on Global stock markets falter after China data confirms economic slowdown
LONDON (Reuters) – European shares fell on Monday from six-week highs as a slowdown in China’s economy stalled a global equity rally, but sterling rallied to the day’s highs after Prime Minister Theresa May promised to be more “flexible” with lawmakers over Brexit. Trade in general was subdued with U.S. markets closed for the Martin Read More

Austrian data privacy activist files complaint against Apple, Amazon, others

2 days ago DieselGasoil Comments Off on Austrian data privacy activist files complaint against Apple, Amazon, others
VIENNA (Reuters) – Apple (AAPL.O) and Amazon (AMZN.O) are among eight tech firms named in a complaint filed in Austria by non-profit organization noyb, which cited their failure to comply with the European Union’s General Data Protection Regulation (GDPR). FILE PHOTO: Austrian lawyer and privacy activist Max Schrems checks his mobile phone in his office Read More