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Global stocks gain on trade optimism, set for best week since January

6 days ago DieselGasoil Comments Off on Global stocks gain on trade optimism, set for best week since January
LONDON (Reuters) – Global stocks rose on Friday after a report that U.S.-China trade talks were making progress and a vote by UK lawmakers to delay Britain’s exit from the European Union. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville European stocks Read More

Pharma stocks could see turbulence from U.S. Senate drug-price hearing

3 weeks ago DieselGasoil Comments Off on Pharma stocks could see turbulence from U.S. Senate drug-price hearing
NEW YORK (Reuters) – U.S. healthcare stocks could face more turbulence on Tuesday, after a bumpy early 2019, as top executives from some of the largest Pharmaceutical companies are expected to get grilled in the U.S. Senate on the high cost of prescription drugs. FILE PHOTO: Traders work on the floor of the New York Read More

Shell leads cash race but Exxon catching up

1 month ago DieselGasoil Comments Off on Shell leads cash race but Exxon catching up
LONDON (Reuters) – Royal Dutch Shell widened its lead over Exxon Mobil as king of cash among the world’s top oil and gas companies last year but its U.S. rival could catch up with its investment drive in new production. FILE PHOTO – Logos of the Exxon Mobil Corp, Royal Dutch Shell and Mobil are Read More

Nokia sees bumpy 2019 growth due to timing of 5G rollouts, shares fall

2 months ago DieselGasoil Comments Off on Nokia sees bumpy 2019 growth due to timing of 5G rollouts, shares fall
HELSINKI (Reuters) – Nokia warned of a soft start to 2019 before a better second half for its fifth-generation (5G) mobile network technology, sending its shares sharply lower on Thursday. FILE PHOTO: Rajeev Suri, Nokia’s President and Chief Executive Officer, speaks during the Mobile World Congress in Barcelona, Spain February 25, 2018. REUTERS/Yves Herman/File Photo Read More

Wall Street surges on upbeat earnings, hopes of end to government shutdown

2 months ago DieselGasoil Comments Off on Wall Street surges on upbeat earnings, hopes of end to government shutdown
(Reuters) – U.S. stocks surged on Friday, as upbeat earnings reports helped investors put aside growth worries, with hopes of a resolution to the lengthy U.S. government shutdown fueling optimism. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 22, 2019. REUTERS/Brendan McDermid With fourth-quarter earnings largely Read More