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Asia shares absorb Nvidia blow, sterling licks its wounds

8 mins ago DieselGasoil Comments Off on Asia shares absorb Nvidia blow, sterling licks its wounds
SYDNEY (Reuters) – Asian share markets turned mixed on Friday as hopes for a thaw in the Sino-U.S. trade standoff were tempered by disappointing results from U.S. chipmaker Nvidia Corp which slugged the tech sector. An employee of a foreign exchange trading company works in front of monitors in Tokyo, Japan November 7, 2018. REUTERS/Toru Read More

Sterling scarred by Brexit turmoil; Asia shares cling to trade hopes

5 hours ago DieselGasoil Comments Off on Sterling scarred by Brexit turmoil; Asia shares cling to trade hopes
SYDNEY (Reuters) – The British pound lay battered and bruised in Asia on Friday after a bout of political turmoil fanned fears the country could crash out of the European Union without a divorce deal. An employee of a foreign exchange trading company works in front of monitors in Tokyo, Japan November 7, 2018. REUTERS/Toru Read More

Goldman CEO 'personally outraged' by Malaysia's 1MDB corruption scandal

9 hours ago DieselGasoil Comments Off on Goldman CEO 'personally outraged' by Malaysia's 1MDB corruption scandal
(Reuters) – Goldman Sachs Group Inc (GS.N) Chief Executive Officer David Solomon has told employees he is “personally outraged” that any of the bank’s officials would take the actions laid out in U.S. government charges of fraud involving Malaysia’s state controlled investment bank, 1MDB. FILE PHOTO: David Solomon, CEO of Goldman Sachs, at the Bloomberg Read More

U.S. big investors' best investment ideas for 2019

11 hours ago DieselGasoil Comments Off on U.S. big investors' best investment ideas for 2019
NEW YORK (Reuters) – The best investment ideas for 2019 range from buying local currencies in emerging markets to picking up beaten-down casino stocks to holding on to bank loans, according to investors who appeared this week at the Reuters Global Investment 2019 Outlook Summit in New York. Penny Foley, Portfolio Manager for the TCW Read More

Carmakers lure ride-hailer, delivery drivers in Africa

14 hours ago DieselGasoil Comments Off on Carmakers lure ride-hailer, delivery drivers in Africa
NAIROBI (Reuters) – At Suzuki Motor Corp’s (7269.T) showroom in the Kenyan capital, hundreds of its Alto compact cars are waiting to be collected. FILE PHOTO: Suzuki cars branded with Uber stickers are seen in a showroom in Nairobi, Kenya, October 30, 2018. REUTERS/Baz Ratner Most of the customers are drivers for ride-hailing company Uber Read More

UK's troubled Elgin-Franklin fields regain high output levels: Premier Oil

14 hours ago DieselGasoil Comments Off on UK's troubled Elgin-Franklin fields regain high output levels: Premier Oil
Singapore — Strong selling interest this month in Abu Dhabi’s Murban crude oil is driving trading activity for Oman partials in the Platts Market on Close assessment process this month, as traders tackle weak demand in the broader market. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Spot differentials Read More

Natural gas skyrockets as China pledges huge supply boost

16 hours ago DieselGasoil Comments Off on Natural gas skyrockets as China pledges huge supply boost
With an eye on last winter’s natural gas supply debacle, Chinese state-owned energy giant CNOOC has pledged a 20 percent rise in gas supply, the company said on Tuesday. The company, one of three state-run oil majors, said that it will supply 24.6 billion cubic meters (bcm) of natural gas during the heating season that Read More

Sterling, euro stocks scuttled as Brexit deal slams the rocks

16 hours ago DieselGasoil Comments Off on Sterling, euro stocks scuttled as Brexit deal slams the rocks
LONDON (Reuters) – Sterling tumbled and the rest of Europe’s share markets groaned on Thursday after a long-awaited Brexit agreement was thrown into chaos as Britain’s chief negotiator for the deal quit just hours after it had been unveiled. A shop cash register is seen with both Sterling and Euro currency in the till at Read More