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Stocks buoyed by stimulus hopes but still head for third losing week

1 day ago DieselGasoil Comments Off on Stocks buoyed by stimulus hopes but still head for third losing week
LONDON (Reuters) – World stocks rose on Friday as expectations grew of further stimulus by central banks, offsetting worries about slowing economic growth, which intensified this week as the U.S. yield curve inverted for the first time since 2007. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, Read More

U.S. oil sanctions leave Russian exporters $1 billion richer

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By Dina Khrennikova and Anya Andrianova on 8/16/2019 MOSCOW (Bloomberg) – U.S. sanctions against Iran and Venezuela have inadvertently increased demand for a Russian brand of crude oil, boosting revenues for the nation’s exporters. Russian oil companies received at least $905 million in additional revenues between November and July, data compiled by Bloomberg show. The Read More

Astronomers studying ALIEN radio signals discover 8 NEW sources, one from nearby galaxy

3 days ago DieselGasoil Comments Off on Astronomers studying ALIEN radio signals discover 8 NEW sources, one from nearby galaxy
Astronomers studying Fast Radio Bursts (FRBs), some of the rarest and most enigmatic phenomena in deep space, have detected eight new repeating signals, which could hold the key to solving where exactly they come from. While these curious signals are alien in origin, no one should be expecting little green men contacting their friends in Read More

Predicting the next U.S. recession

4 days ago DieselGasoil Comments Off on Predicting the next U.S. recession
NEW YORK A protracted trade war between China and the United States, the world’s largest economies, and a deteriorating global growth outlook has left investors apprehensive about the end to the longest expansion in American history. FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California, U.S., Read More

Corridor Announces Second Quarter Results

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HALIFAX, Nova Scotia, Aug. 12, 2019 (GLOBE NEWSWIRE) — Corridor Resources Inc. (“Corridor”)(TSX – CDH) announced today its second quarter financial results. The following table provides a summary of Corridor’s financial and operating results for the three and six months ended June 30, 2019, with comparisons to the three and six months ended June 30, Read More

Texas power demand sets record high as heat wave bakes U.S. Southeast

5 days ago DieselGasoil Comments Off on Texas power demand sets record high as heat wave bakes U.S. Southeast
(Reuters) – Demand for electricity in Texas hit a record on Monday as consumers cranked up their air conditioners to escape a heat wave that is currently baking much of the Southeastern United States, according to the state’s power grid operator. High temperatures in Houston, the state’s biggest city by population, hit 100 degrees Fahrenheit Read More

Texas power demand sets record high as heat wave bakes Southeast

5 days ago DieselGasoil Comments Off on Texas power demand sets record high as heat wave bakes Southeast
(Reuters) – Demand for electricity in Texas hit a record on Monday as consumers cranked up their air conditioners to escape a heat wave that is baking much of the U.S. Southeast, according to the state’s power grid operator. High temperatures in Houston, the state’s biggest city by population, hit 100 degrees Fahrenheit (38° Celsius) Read More

Argentina’s populist opposition primary win may put energy investment on hold

5 days ago DieselGasoil Comments Off on Argentina’s populist opposition primary win may put energy investment on hold
Buenos Aires — Argentina’s leading opposition coalition, a left-wing populist alliance that ruled the country from 2003-15, swept the national primaries Sunday, putting it in the running to win the October 27 general election and damp investment in the oil and natural gas sector. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More

Wall Street falls on geopolitical tensions, recession fears

5 days ago DieselGasoil Comments Off on Wall Street falls on geopolitical tensions, recession fears
NEW YORK (Reuters) – U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession. All three major U.S. stock indexes closed sharply lower in light trading, with little to soothe market jitters Read More