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Europe has economic woes of its own beyond Brexit

15 hours ago DieselGasoil Comments Off on Europe has economic woes of its own beyond Brexit
Business and City folk who spend much time travelling, when asked about how the rest of Europe looks at the Brexit issue, report two key trends. The first, understandably enough, is that Europeans cannot stop laughing at the ineptitude of Britain’s political class or shaking their heads in disbelief at the way one of the Read More

Oil rises, paring sixth weekly loss on expectation of OPEC cuts

15 hours ago DieselGasoil Comments Off on Oil rises, paring sixth weekly loss on expectation of OPEC cuts
By Tsuyoshi Inajima and Grant Smith on 11/16/2018 TOKYO and LONDON (Bloomberg) — Oil rose, paring a sixth weekly loss, amid growing confidence that OPEC and its partners will reduce production to avert a glut next year.  Futures in New York rose 1.8% Friday, trimming the weekly drop to 4.6%. With OPEC seeing waning demand Read More

USTR Lighthizer denies he said China tariffs on hold

1 day ago DieselGasoil Comments Off on USTR Lighthizer denies he said China tariffs on hold
U.S. Trade Representative Robert Lighthizer gestures as he testifies before Senate Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing on the proposed budget estimates and justification for FY2019 for the Office of the United States Trade Representative, at the Dirksen Senate Office Building in Washington, U.S., July 26, 2018. REUTERS/Mary F. Calvert WASHINGTON (Reuters) Read More

USTR says next tranche of U.S. tariffs on imports from China on hold: FT

1 day ago DieselGasoil Comments Off on USTR says next tranche of U.S. tariffs on imports from China on hold: FT
U.S. Trade Representative Robert Lighthizer gestures as he testifies before Senate Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing on the proposed budget estimates and justification for FY2019 for the Office of the United States Trade Representative, at the Dirksen Senate Office Building in Washington, U.S., July 26, 2018. REUTERS/Mary F. Calvert WASHINGTON (Reuters) Read More

Apache Donates 50,000 Trees in Four States

1 day ago DieselGasoil Comments Off on Apache Donates 50,000 Trees in Four States
HOUSTON, Nov. 15, 2018 (GLOBE NEWSWIRE) — Apache Corporation (NYSE, Nasdaq: APA) has announced the donation of 50,000 trees through its annual Apache Tree Grant Program. Partnering with 59 nonprofit organizations across Texas, Louisiana, Oklahoma and New Mexico, the program focuses on community enhancement and wildlife habitat improvement projects. Plantings from this year’s grants began Read More

U.S. big investors' best investment ideas for 2019

1 day ago DieselGasoil Comments Off on U.S. big investors' best investment ideas for 2019
NEW YORK (Reuters) – The best investment ideas for 2019 range from buying local currencies in emerging markets to picking up beaten-down casino stocks to holding on to bank loans, according to investors who appeared this week at the Reuters Global Investment 2019 Outlook Summit in New York. Penny Foley, Portfolio Manager for the TCW Read More

US Interior moves toward Arctic offshore oil and gas sale in 2019

2 days ago DieselGasoil Comments Off on US Interior moves toward Arctic offshore oil and gas sale in 2019
Highlights Commercial interest severely limited Trump administration focused on boosting Alaska output Industry focus is on expanding drilling in Gulf of Mexico Washington DC — The US Department of Interior said Thursday it was preparing an environmental impact statement for a 2019 lease sale that would open as much as 65 million acres of federal Read More

Wall Street hit by weak earnings, Brexit concerns

2 days ago DieselGasoil Comments Off on Wall Street hit by weak earnings, Brexit concerns
(Reuters) – U.S. stocks fell on Thursday as a batch of weak earnings and Brexit-related concerns sparked a sixth day of selling, with high-growth stocks such as Amazon.com Inc (AMZN.O) and Facebook Inc (FB.O) taking a hit. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November Read More

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

2 days 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