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Wall Street climbs on hopes of easing trade tensions

1 hour ago DieselGasoil Comments Off on Wall Street climbs on hopes of easing trade tensions
NEW YORK (Reuters) – U.S. stocks rose on Thursday on optimism the United States and China could resolve their trade dispute, after a news report said Washington would pause further tariffs on Chinese imports. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 12, 2018. REUTERS/Brendan Read More

Deadly European supervolcano could be rumbling towards a colossal eruption – study

6 hours ago DieselGasoil Comments Off on Deadly European supervolcano could be rumbling towards a colossal eruption – study
An ancient Italian supervolcano that hasn’t erupted in 500 years may be starting a stage of activity that could lead to a colossal eruption, spelling potential disaster for communities lying in its path. Campi Flegrei may have entered a new magma cycle, according to newly released findings that suggest the feature’s “subvolcanic plumbing system” is Read More

Will old Swedish parties destroy their political system just to stop anti-migrant Sweden Democrats?

6 hours ago DieselGasoil Comments Off on Will old Swedish parties destroy their political system just to stop anti-migrant Sweden Democrats?
Sweden’s establishment parties are relying on magical thinking and a game of chicken to keep power after an election brought deadlock. But whatever coalition they stitch together, they risk damaging the country – and themselves. And any path the mainstream parties choose now, the Sweden Democrats – the anti-migrant, anti-Islam outcasts that have shattered Sweden’s Read More

Deadly supervolcano could be rumbling towards a colossal eruption – study

6 hours ago DieselGasoil Comments Off on Deadly supervolcano could be rumbling towards a colossal eruption – study
An ancient Italian supervolcano that hasn’t erupted in 500 years may be starting a stage of activity that could lead to a colossal eruption, spelling potential disaster for communities lying in its path. Campi Flegrei may have entered a new magma cycle, according to newly released findings that suggest the feature’s “subvolcanic plumbing system” is Read More

U.S. retail sales rebound on autos, building materials

7 hours ago DieselGasoil Comments Off on U.S. retail sales rebound on autos, building materials
WASHINGTON (Reuters) – U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged, likely driven by recovery efforts in areas devastated by Hurricane Florence. FILE PHOTO: A woman walks with shopping bags at Bryant Park in New York, U.S. December 2, 2016. REUTERS/Shannon Stapleton The report on Thursday from Read More

Strong U.S. economy boosts Walmart's third-quarter sales

7 hours ago DieselGasoil Comments Off on Strong U.S. economy boosts Walmart's third-quarter sales
NEW YORK (Reuters) – Walmart Inc (WMT.N) reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online. FILE PHOTO: A shopper is seen in the aisle of a Walmart store in Woodstock, Georgia, Read More

Sterling tumbles as PM May races to salvage Brexit deal

8 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

British Brexit turmoil spooks investors, boosts dollar, yen

9 hours ago DieselGasoil Comments Off on British Brexit turmoil spooks investors, boosts dollar, yen
LONDON (Reuters) – The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain’s Brexit deal with the European Union was plunged into uncertainty, spooking investors across currency markets. U.S. dollars and other world currencies lie in a charity receptacle at Pearson international airport in Toronto, Ontario, Canada June 13, 2018. REUTERS/Chris Read More

Sterling, euro stocks scuttled as Brexit deal slams the rocks

9 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

Repsol to re-use existing North Sea platform

10 hours ago DieselGasoil Comments Off on Repsol to re-use existing North Sea platform
By Mikael Holter on 11/15/2018 OSLO (Bloomberg) — Oil companies have pushed through draconian cost cuts during the recent industry slump, but they’re not done yet.  Spain’s Repsol unveiled plans to re-use its Gyda platform in Norway’s North Sea on another field, an unprecedented step for a fixed installation, according to the head of Repsol’s Read More