newszine

Asian shares pull ahead after encouraging Chinese data

18 mins ago DieselGasoil Comments Off on Asian shares pull ahead after encouraging Chinese data
SYDNEY (Reuters) – Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world’s second-biggest economy may be starting to stabilize thanks to ramped-up stimulus from Beijing. FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, China May 6, 2019. REUTERS/Aly Read More

Asian shares, dollar brace for China GDP

3 hours ago DieselGasoil Comments Off on Asian shares, dollar brace for China GDP
SYDNEY (Reuters) – Asian shares started the week on a softer note on Monday after posting their first weekly decline since early June, while the dollar was on the defensive ahead of key economic data from China. FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, China May 6, Read More

Factbox: Offshore oil, gas production continues to be shut in as US Gulf Coast prepares for Tropical Storm Barry landfal

2 days ago DieselGasoil Comments Off on Factbox: Offshore oil, gas production continues to be shut in as US Gulf Coast prepares for Tropical Storm Barry landfal
Washington — Tropical Storm Barry is expected to make landfall over the central Louisiana Coast Saturday, bringing the potential for extreme flooding, National Hurricane Center information showed Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The US Department of Interior’s Bureau of Safety and Environmental Enforcement said Friday Read More

Britain raises Gulf shipping threat to highest level possible

3 days ago DieselGasoil Comments Off on Britain raises Gulf shipping threat to highest level possible
By Alex Longley, Firat Kayakiran and Tim Ross on 7/12/2019 LONDON (Bloomberg) — Britain raised the threat level to the highest possible for ships operating in the Persian Gulf as tensions escalate in a region accounting for a third of seaborne petroleum trade. The UK government designated the region a level-3 risk on Tuesday, a Read More

China’s June exports, imports fall as trade war takes heavier toll

3 days ago DieselGasoil Comments Off on China’s June exports, imports fall as trade war takes heavier toll
BEIJING (Reuters) – China’s exports fell in June as the United States ramped up trade pressure, while imports shrank more than expected, pointing to further weakness in the world’s second-largest economy and slackening global growth. FILE PHOTO: Workers stand at the port of Qingdao, Shandong province, China June 10, 2019. REUTERS/Stringer The gloomy trade readings Read More

Exclusive: India aims to raise $47 billion from stake sales in state firms over 5 years – sources

3 days ago DieselGasoil Comments Off on Exclusive: India aims to raise $47 billion from stake sales in state firms over 5 years – sources
NEW DELHI (Reuters) – The Indian government has plans to raise as much as 3.25 trillion rupees ($47.4 billion) in the next five years by reducing its stakes in some large state-owned firms to 40%, two senior government officials told Reuters, in the nation’s biggest privatization push in more than two decades. FILE PHOTO – Read More

Delphi Energy Corp. Announces Extension of Credit Facility

3 days ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Extension of Credit Facility
CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces that the annual borrowing base redetermination of its senior credit facility has been finalized. The amended credit facility has a borrowing base of $100.0 million reducing to $90.0 million upon the earlier of September 30, 2019 and the completion Read More