newszine

Trump warns of more Iran sanctions with fewer targets remaining

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By Saleha Mohsin and Ladane Nasseri on 6/24/2019 WASHINGTON and DUBAI (Bloomberg) — President Donald Trump is threatening Iran with additional sanctions on Monday, but there’s not much left for the U.S. to target because most of the Islamic Republic’s economy has been crippled by earlier penalties. The U.S. is already sanctioning significant sectors including Read More

G20 nerves hit Europe stocks; dollar slips to three-month low

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LONDON (Reuters) – European stocks stumbled and the dollar hit three-month lows on Monday as hopes waned for progress in Sino-U.S. trade talks at this week’s G20 meeting and fears of an escalation in Iran tensions flared up. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Read More

GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights

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Monaco, June 24, 2019 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog”, the “General Partner”, or the “GP”) (NYSE: GLOG) and GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) announced today an agreement to eliminate the GP’s incentive distribution rights (“IDRs”) in exchange for newly issued limited partner (“LP”) units. In exchange for the IDRs, Read More

Down the yellow brick road: China buying gold & dumping dollar assets as trade war with US escalates

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Gold prices rallied to six-year highs last week and continued posting gains on Monday at $1,403 per ounce. China boosting its gold stockpile, to shift away from the US dollar, has added to the precious metal’s resurgence. The People’s Bank of China has purchased more than 70 tons of gold since December, according to the Read More

Indian builders woo buyers with cleaner, greener, ‘smart’ homes

4 hours ago DieselGasoil Comments Off on Indian builders woo buyers with cleaner, greener, ‘smart’ homes
BENGALURU (Reuters) – When Arkesh Mishra, 33, and his wife Anasuya scouted for a new home in India’s tech hub of Bengaluru this year it was not the old real estate adage of “location, location, location” that was their main consideration – it was “peace of mind”. FILE PHOTO: High-rise residential buildings are seen in Read More

G20 nerves hit European stocks, dollar; oil gains

4 hours ago DieselGasoil Comments Off on G20 nerves hit European stocks, dollar; oil gains
LONDON (Reuters) – European stocks stumbled and the dollar dropped to three-month lows on Monday as hopes waned for progress in Sino-U.S. trade talks at this week’s G20 meeting and fears grew of a confrontation with Iran. A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo, Japan, May Read More

Bitcoin pulls back from 15-month highs after 10% weekend jump

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LONDON (Reuters) – Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin. FILE PHOTO: A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, Read More

Oil prices climb as U.S.-Iran tensions mount

7 hours ago DieselGasoil Comments Off on Oil prices climb as U.S.-Iran tensions mount
TOKYO (Reuters) – Oil prices rose on Monday to extend gains from last week, bolstered as tensions remain high between Iran and the United States after U.S. Secretary of State Mike Pompeo said “significant” sanctions would be announced on Tehran. FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is Read More

Oil prices extend gains, U.S.-Iran tensions in focus

8 hours ago DieselGasoil Comments Off on Oil prices extend gains, U.S.-Iran tensions in focus
TOKYO (Reuters) – Oil prices rose on Monday to extend gains from last week, bolstered as tensions remain high between Iran and the United States after U.S. Secretary of State Mike Pompeo said “significant” sanctions would be announced on Tehran. FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is Read More

Natixis’ H20 arm sells some of its bonds portfolio

8 hours ago DieselGasoil Comments Off on Natixis’ H20 arm sells some of its bonds portfolio
PARIS (Reuters) – H20, the London-based fund management arm of French bank Natixis which has been hit by outflows of money, said on Monday it had sold some of its bonds portfolio. “H2O has sold part of its non-rated private bonds and, based on a valuation received by international banks, marked down the balance in Read More