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China set to post slowest growth in 28 years in 2018, more stimulus seen

23 hours ago DieselGasoil Comments Off on China set to post slowest growth in 28 years in 2018, more stimulus seen
BEIJING (Reuters) – China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown. A woman looks at job advertisements on a wall in Read More

Tencent weighing bid for holding company behind Korea's Nexon: sources

1 day ago DieselGasoil Comments Off on Tencent weighing bid for holding company behind Korea's Nexon: sources
HONG KONG/SEOUL (Reuters) – Chinese gaming titan Tencent Holdings Ltd is considering a bid for the holding company that controls South Korean gaming company Nexon, two sources with knowledge of the matter told Reuters. Logo of Tencent is displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu Tencent is looking Read More

Luxury online reseller The RealReal in talks with banks for IPO: sources

2 days ago DieselGasoil Comments Off on Luxury online reseller The RealReal in talks with banks for IPO: sources
FILE PHOTO: Luxury handbags for sale are displayed at The RealReal shop, a seven-year-old online reseller of luxury items on consignment in the Soho section of Manhattan, in New York City, New York, U.S., May 18, 2018. REUTERS/Mike Segar (Reuters) – U.S. online luxury reseller The RealReal Inc is talking to investment banks about the Read More

Take Five: World markets themes for the week ahead

2 days ago DieselGasoil Comments Off on Take Five: World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. REUTERS/Brendan McDermid SHOULD I STAY OR SHOULD I Read More

Saving a river: Pollution in India's holy Ganges makes it toxic

3 days ago DieselGasoil Comments Off on Saving a river: Pollution in India's holy Ganges makes it toxic
People watch as pyres burn at a cremation ground on the banks of the Ganges River in Varanasi, India April 7, 2017. REUTERS/Danish Siddiqui NEW DELHI (Reuters) – The Ganges river, holy to most Indians, flows from the western Himalayas down to the Bay of Bengal through crowded cities, industrial hubs and some of the Read More

Wall Street rises on report of U.S. considering end to China tariffs

3 days ago DieselGasoil Comments Off on Wall Street rises on report of U.S. considering end to China tariffs
NEW YORK (Reuters) – U.S. stocks advanced on Thursday as a published report that the United States was considering lifting tariffs on Chinese imports lifted investor sentiment. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. REUTERS/Brendan McDermid U.S. Treasury Secretary Steven Mnuchin discussed lifting Read More

U.S. stocks edge up on defense, healthcare gains; pound firms

3 days ago DieselGasoil Comments Off on U.S. stocks edge up on defense, healthcare gains; pound firms
NEW YORK (Reuters) – Gains in defense shares as well as healthcare helped to keep U.S. stocks in positive territory on Thursday, while an end to the latest chapter in Britain’s exit from the European Union, Prime Minister Theresa May’s defeat of a confidence vote, lifted sterling. Traders work on the floor of the New Read More

Health, defense stocks help Wall Street grind higher

3 days ago DieselGasoil Comments Off on Health, defense stocks help Wall Street grind higher
(Reuters) – U.S. stocks eked out gains on Thursday to consolidate near a one-month high, helped by advances in the healthcare and industrial sectors and as financials shrugged off Morgan Stanley’s disappointing earnings. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. REUTERS/Brendan McDermid Shares Read More

Wall Street shrugs off weak start to hold at one-month high

3 days ago DieselGasoil Comments Off on Wall Street shrugs off weak start to hold at one-month high
(Reuters) – Wall Street’s main indexes fought back from a weak start to hover near one-month highs on Thursday, as gains in healthcare and consumer discretionary stocks offset losses in the energy and financial sectors. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. REUTERS/Brendan Read More

Banks turn stocks red, pound finds some peace

3 days ago DieselGasoil Comments Off on Banks turn stocks red, pound finds some peace
LONDON (Reuters) – Concern over China’s economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment’s peace. FILE PHOTO: New one pound coins, which come into circulation today, are seen in London, Britain March 28, Read More