newszine

Exclusive: Saudi’s Falih says sees no oil shortage, but OPEC to act if needed

18 hours ago DieselGasoil Comments Off on Exclusive: Saudi’s Falih says sees no oil shortage, but OPEC to act if needed
JEDDAH, Saudi Arabia (Reuters) – Saudi Arabia’s Energy Minister Khalid al-Falih said on Saturday that he saw no oil supply shortage as global oil inventories are still rising, particularly from the United States, but OPEC will be responsive to the oil market’s needs. Saudi Minister of Energy Khalid al-Falih speaks during financial sector conference in Read More

Exclusive: Saudi’s Falih says oil stocks still building, but OPEC to act if needed

1 day ago DieselGasoil Comments Off on Exclusive: Saudi’s Falih says oil stocks still building, but OPEC to act if needed
JEDDAH, Saudi Arabia (Reuters) – Saudi Arabia’s Energy Minister Khalid al-Falih said on Saturday that OPEC will be responsive to the oil market’s needs, but that he was not sure there is an oil shortage with data, particularly from the United States, still showing inventories building. Saudi Minister of Energy Khalid al-Falih speaks during financial Read More

Pigs may complicate US-China trade negotiations

1 day ago DieselGasoil Comments Off on Pigs may complicate US-China trade negotiations
By Ganesh Rao, business reporter The decline in pig numbers in China could make trade negotiations with the US more complicated, according to new research. A sharp decline in China’s pig population due to an epidemic of African swine fever has reduced the amount of animal feed imported from the United States, according to an Read More

Nestle to boost healthy food products in Brazil, eyes partnerships

2 days ago DieselGasoil Comments Off on Nestle to boost healthy food products in Brazil, eyes partnerships
SAO PAULO (Reuters) – Nestle SA (NESN.S) will increase its natural and organic products in Brazil, its No. 4 market worldwide, as part of a wider Americas plan to cut sugar, sodium and saturated fats in its food, a spokesman said. A logo is pictured during the 152nd Annual General Meeting of Nestle in Lausanne, Read More

Palladium boom gives South African miners only temporary reprieve

2 days ago DieselGasoil Comments Off on Palladium boom gives South African miners only temporary reprieve
LONDON (Reuters) – A surge in palladium prices has thrown struggling South African mining companies a lifeline. But it may not be enough. FILE PHOTO: Ingots of 99.97 percent pure palladium are stored at a plant owned by Krastsvetmet, one of the world’s biggest manufacturers of non-ferrous metals, in Krasnoyarsk, Russia April 9, 2019. REUTERS/Ilya Read More

Global private equity firms to bid for Hitachi’s chemical unit: sources

2 days ago DieselGasoil Comments Off on Global private equity firms to bid for Hitachi’s chemical unit: sources
HONGKONG/FRANKFURT/TOKYO (Reuters) – Global private equity firms Bain Capital, Carlyle Group and KKR & Co are among potential bidders for Japanese conglomerate Hitachi Ltd’s chemical unit, three people familiar with the situation told Reuters. FILE PHOTO: The logo of the Carlyle Group is displayed at the company’s office in Tokyo, Japan October 17, 2018. REUTERS/Issei Read More

Delta, United poised for most new slots at Tokyo’s Haneda airport

2 days ago DieselGasoil Comments Off on Delta, United poised for most new slots at Tokyo’s Haneda airport
FILE PHOTO: Delta Air Lines planes are shown parked at their gates at the airport in Salt Lake City, Utah, U.S., January 12, 2018. REUTERS/Mike Blake/File Photo (Reuters) – Delta Air Lines and United Airlines are poised to win the most new daytime slots at Tokyo’s Haneda International Airport in time for the 2020 Summer Read More

Facebook imposes new restrictions on livestreaming to prevent abuse following Christchurch attacks

2 days ago DieselGasoil Comments Off on Facebook imposes new restrictions on livestreaming to prevent abuse following Christchurch attacks
Two months after the deadly white nationalist terrorist attacks in two New Zealand mosques, Facebook has announced new restrictions on who can livestream video on the social network. According to a Tuesday blog post, the Mark Zuckerberg-led company will begin applying a “one strike” policy to Facebook Live that would ban users who violate the platform’s Read More

With inflation elusive, two Fed policymakers lay out a welcome mat

2 days ago DieselGasoil Comments Off on With inflation elusive, two Fed policymakers lay out a welcome mat
SANTA BARBARA, Calif./WASHINGTON (Reuters) – Worried that current low inflation expectations will sap the U.S. central bank’s ability to combat a future downturn, two Federal Reserve officials on Thursday made an unusual pitch: if inflation rises unexpectedly, the Fed should lay out the welcome mat. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is Read More

Oil prices rise more than 1% as Middle East conflict persists

2 days ago DieselGasoil Comments Off on Oil prices rise more than 1% as Middle East conflict persists
NEW YORK (Reuters) – Oil futures were up more than 1% on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on its crude infrastructure. FILE PHOTO: Pump jacks operate at sunset in an oilfield in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Read More