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Oil steadies near two-month high as U.S. drilling slows down

13 hours ago DieselGasoil Comments Off on Oil steadies near two-month high as U.S. drilling slows down
By Grant Smith and Robert Tuttle on 1/21/2019 Drilling rig in Bakken shale play. Photo: Marathon. LONDON and CALGARY (Bloomberg) — Oil steadied near a two-month high in New York amid a pullback in U.S. drilling activity, while ongoing U.S.-China trade talks left an uncertain outlook for demand. Futures rose 0.2% Monday after surging 3.3% Read More

As outlook darkens, central banks think hard about their language

20 hours ago DieselGasoil Comments Off on As outlook darkens, central banks think hard about their language
DAVOS, Switzerland (Reuters) – As central banks stock up on policy ammunition in the face of a worsening global economic outlook, they are having to reassess one of their most delicate weapons – the ‘forward guidance’ they use to flag their intentions to the markets. A Swiss police officer observes the surrounding area from atop Read More

European power firms aim to harness electric car batteries

1 day ago DieselGasoil Comments Off on European power firms aim to harness electric car batteries
FRANKFURT/LONDON/PARIS (Reuters) – Ever wanted to run your electric car for free? If you’re open to a bit of give and take, then stay plugged in and your wishes might come true. At least that’s what some European power companies and Japanese carmakers believe. FILE PHOTO: A charging port is shown on the front of Read More

IOC knew Russian athletes were clean, but concealed evidence of their innocence – lawyer

2 days ago DieselGasoil Comments Off on IOC knew Russian athletes were clean, but concealed evidence of their innocence – lawyer
Russian athletes, falsely accused of a doping scheme at Sochi 2014, could’ve avoided career-ruining bans if the International Olympic Committee (IOC) didn’t conceal facts of their innocence, an athlete’s lawyer told RT. Russian sport has won a crucial legal battle on Saturday. Swiss Supreme Court has turned down the IOC’s appeal against the Court of Read More

Italy regulator gives TIM's network separation plan thumbs down

2 days ago DieselGasoil Comments Off on Italy regulator gives TIM's network separation plan thumbs down
ROME (Reuters) – Telecom Italia (TIM) (TLIT.MI) has suffered a setback in its plan to assuage pressures for a separation of its prized network assets by placing them into a wholly owned subsidiary, as the industry regulator said it was opposed to the proposal. FILE PHOTO: Telecom Italia’s new logo of the TIM brand seen Read More

Fortnite predator 'groomed children on voice chat'

3 days ago DieselGasoil Comments Off on Fortnite predator 'groomed children on voice chat'
A 41-year-old man accused of using the hit video game Fortnite to initiate sexual activity with children has been arrested in Florida. Anthony Gene Thomas of Broward County is accused of unlawful sex with a minor and possessing indecent images and videos of at least one victim. According to police, an accomplice used Fortnite’s voice Read More

IEA sees oil demand growth defying economic slowdown

4 days ago DieselGasoil Comments Off on IEA sees oil demand growth defying economic slowdown
By Grant Smith on 1/18/2019 LONDON (Bloomberg) — Global oil demand remains on course to be stronger this year than in 2018 as a boost from lower fuel prices counters slowing economic activity, according to the International Energy Agency.  “We have seen prices fall very significantly since the peak at the beginning of October, and Read More

In 5G play, Vodafone and IBM link up cloud systems for business

4 days ago DieselGasoil Comments Off on In 5G play, Vodafone and IBM link up cloud systems for business
FRANKFURT (Reuters) – Vodafone is teaming up with IBM to offer businesses a way to link different cloud computing systems to support the next wave of digital advances, such as machine learning, on super-fast fifth-generation telecoms networks. FILE PHOTO: Logos of 5G technology and telecommunications company Vodafone are pictured at the 5G Mobility Lab of Read More

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

5 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