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U.S. regulators ease banking rules in light of California fires

4 hours ago DieselGasoil Comments Off on U.S. regulators ease banking rules in light of California fires
WASHINGTON (Reuters) – Banks that operate in fire-blasted regions of California will not be punished if they ease loan terms or miss some federal reporting requirements, federal banking regulators said on Thursday. “The agencies recognize that efforts to work with borrowers in communities under stress can be consistent with safe-and-sound practices as well as in Read More

BHGE and GE announce a series of long-term agreements

5 hours ago DieselGasoil Comments Off on BHGE and GE announce a series of long-term agreements
11/15/2018 Photo: BHGE. HOUSTON & BOSTON — Baker Hughes, a GE company and General Electric Company jointly announced the entry into a series of long-term agreements that amend the commercial and technological relationships between the two companies. The Agreements focus on: Long-term collaboration on critical rotating equipment, including aeroderivative and heavy-duty gas turbine technology. BHGE Read More

Dell sweetens VMware tracking stock offer with higher price, board seat

10 hours ago DieselGasoil Comments Off on Dell sweetens VMware tracking stock offer with higher price, board seat
(Reuters) – Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMware (DVMT.N) to $120 per share, sweetening the deal for shareholders with an additional $5 billion in cash. A logo of Dell Technologies is seen at the Mobile World Congress in Barcelona, Spain February 28, Read More

Greenbelt CEO Joins Ambassador Zhang Ping for China-US Business Cooperation Roundtable

11 hours ago DieselGasoil Comments Off on Greenbelt CEO Joins Ambassador Zhang Ping for China-US Business Cooperation Roundtable
PASO ROBLES, Calif., Nov. 15, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE – Greenbelt Resources Corporation’s (OTC: GRCO) (Greenbelt) CEO Darren Eng was invited to participate in the recent China-US Business Cooperation Roundtable dinner hosted by Ambassador Zhang Ping at the Consulate residence in Los Angeles earlier this week.   The dinner was arranged in collaboration between Read More

Sterling tumbles as PM May races to salvage Brexit deal

12 hours ago DieselGasoil Comments Off on Sterling tumbles as PM May races to salvage Brexit deal
LONDON (Reuters) – Sterling tumbled on Thursday after a series of resignations rocked Prime Minister Theresa May’s government and threw into doubt her long-awaited Brexit agreement just hours after it was unveiled. British Pound Sterling banknotes are seen in a box at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017.REUTERS/Leonhard Foeger Read More

Sterling, euro stocks scuttled as Brexit deal slams the rocks

13 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

Dell raises VMWare tracking stock offer to $120 per share

14 hours ago DieselGasoil Comments Off on Dell raises VMWare tracking stock offer to $120 per share
(Reuters) – Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMWare (DVMT.N) to $120 per share from its previous offer of $109, still way short of the $300 price suggested by activist investor Carl Icahn. A logo of Dell Technologies is seen at the Mobile Read More

Exclusive: At U.N. climate talks, Trump team plans sideshow on coal

14 hours ago DieselGasoil Comments Off on Exclusive: At U.N. climate talks, Trump team plans sideshow on coal
WASHINGTON (Reuters) – The Trump administration plans to set up a side-event promoting fossil fuels at the annual U.N. climate talks next month, repeating a strategy that infuriated global-warming activists during last year’s talks, according to three people with knowledge of the matter. Coal sits in train cars on tracks in Grundy, Virginia, U.S., May Read More

Swiss competition watchdog probes suspected payment systems boycott

20 hours ago DieselGasoil Comments Off on Swiss competition watchdog probes suspected payment systems boycott
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo ZURICH (Reuters) – Switzerland’s competition watchdog WEKO said it had searched offices of Swiss financial companies including Credit Suisse (CSGN.S) and UBS (UBSG.S) as it probes a suspected boycott of mobile payment solutions such as Read More

S&P 500 falls for fifth day as financials drag

1 day ago DieselGasoil Comments Off on S&P 500 falls for fifth day as financials drag
NEW YORK (Reuters) – Wall Street stocks fell on Wednesday, with the S&P 500 notching a fifth straight day of losses as financial stocks were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control of the U.S. House of Representatives. A trader works on the floor at Read More