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China industrial output, investment beat forecasts; retail sales miss expectations

32 mins ago DieselGasoil Comments Off on China industrial output, investment beat forecasts; retail sales miss expectations
FILE PHOTO: Employees work next to steel wires at a Dongbei Special Steel plant in Dalian, Liaoning province, China November 2, 2018. REUTERS/Stringer BEIJING (Reuters) – China’s industrial output grew 5.9 percent in October from a year earlier and fixed-asset investment rose 5.7 percent in the first 10 months, both above forecasts, but retail sales Read More

Asia stocks shaken by plunge in crude oil, growth worries

2 hours ago DieselGasoil Comments Off on Asia stocks shaken by plunge in crude oil, growth worries
TOKYO (Reuters) – Asian shares edged lower as investors fretted about slowing global growth with crude oil prices sinking on worries about weakening world demand and oversupply. A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. REUTERS/Toru Hanai U.S. crude futures dived 7 percent the previous Read More

Real life or animé? Meet the Chinese model blurring the lines (PHOTOS, VIDEO)

2 hours ago DieselGasoil Comments Off on Real life or animé? Meet the Chinese model blurring the lines (PHOTOS, VIDEO)
A young Chinese model, who has been described as a living, breathing animé doll has achieved international fame for her uncanny cartoon-like facial features and unmoving poses. Kina Shen has amassed almost one million followers across Instagram and China’s Twitter equivalent Weibo, where she shows viewers how to achieve her doll-like makeup. Her porcelain skin, Read More

US gives Iraq 45-day sanctions waiver to limit power shortages: State Department

5 hours ago DieselGasoil Comments Off on US gives Iraq 45-day sanctions waiver to limit power shortages: State Department
Washington — The US granted Iraq a 45-day waiver to sanctions on dealing with Iran to allow Baghdad to continue to pay for natural gas and electricity imports in the face of chronic power shortages, especially in the oil-rich province of Basra in the south, Department of State spokeswoman Heather Nauert said Tuesday. Not registered? Read More

S&P, Dow lose ground as crude plunge punishes energy stocks

5 hours ago DieselGasoil Comments Off on S&P, Dow lose ground as crude plunge punishes energy stocks
NEW YORK (Reuters) – The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology stocks and renewed hopes for progress in trade talks. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 12, Read More

Germany needs crisis mentality to close digital gap: Merkel ally

5 hours ago DieselGasoil Comments Off on Germany needs crisis mentality to close digital gap: Merkel ally
BERLIN/FRANKFURT (Reuters) – Germany’s thriving economy has lulled the country into a false sense of security that is hindering government efforts to close a digital technology gap with other leading economies, Chancellor Angela Merkel’s digital czar said on Tuesday. FILE PHOTO – Dorothee Baer, German Minister of State for Digitalization, attends a Reuters interview in Read More

Nigerian firm takes blame for routing Google traffic through China

5 hours ago DieselGasoil Comments Off on Nigerian firm takes blame for routing Google traffic through China
FILE PHOTO: A man walks past the brand logo of Alphabet Inc’s Google outside its office in Beijing, China, August 8, 2018. REUTERS/Thomas Peter SAN FRANCISCO (Reuters) – Nigerian internet provider Main One Cable Co took responsibility on Tuesday for a glitch that caused some Google traffic to be temporarily misrouted through China, saying it Read More

Even after sell-off, Blackstone's Wien avoids gloom on U.S. stocks

6 hours ago DieselGasoil Comments Off on Even after sell-off, Blackstone's Wien avoids gloom on U.S. stocks
NEW YORK (Reuters) – U.S. stocks have been battered over the last few weeks but a senior executive at Blackstone Group LP, one of the world’s most influential asset managers, said there is no cause to be overly worried about next year. Byron Wien, Vice Chairman of Private Wealth Solutions group, speaks during the Reuters Read More

German officials sound China alarm as 5G auctions loom

6 hours ago DieselGasoil Comments Off on German officials sound China alarm as 5G auctions loom
BERLIN (Reuters) – Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country’s 5G infrastructure amid concerns this could compromise national security. FILE PHOTO: Journalists follow the presentation of a Huawei smartphone ahead of the IFA Electronics show in Berlin, Germany, Read More