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U.S. Treasuries signal trouble, stocks fall after weak data

19 hours ago DieselGasoil Comments Off on U.S. Treasuries signal trouble, stocks fall after weak data
NEW YORK (Reuters) – Stocks around the world fell and U.S. Treasuries yields sent out warning signs of a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March Read More

Tiffany sticks to 2019 targets, helped by e-commerce; shares rebound

21 hours ago DieselGasoil Comments Off on Tiffany sticks to 2019 targets, helped by e-commerce; shares rebound
(Reuters) – Luxury retailer Tiffany & Co said Friday it expected earnings growth to resume in the second half of the year, helped by a healthy e-commerce business, a forecast that allowed investors to look past slightly disappointing quarterly sales. FILE PHOTO: A Tiffany & Co logo is seen outside the store on 5th Ave Read More

Autonomy founder Lynch set for $5 billion Hewlett-Packard court showdown

21 hours ago DieselGasoil Comments Off on Autonomy founder Lynch set for $5 billion Hewlett-Packard court showdown
LONDON (Reuters) – Mike Lynch, once hailed as Britain’s answer to Bill Gates, faces Hewlett-Packard (HP) in London’s High Court on Monday in a multi-billion dollar showdown over the U.S. tech giant’s purchase in 2011 of the Autonomy software business he founded. FILE PHOTO: The logo for The Hewlett-Packard Company is displayed on a screen Read More

Take Five: Take it easy, central banks – World markets themes for the week ahead

22 hours ago DieselGasoil Comments Off on Take Five: Take it easy, central banks – World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis 1/ TAKE IT EASY With the U.S. Federal Reserve well Read More

Just business: British & US investors gobble up Russian government bonds

24 hours ago DieselGasoil Comments Off on Just business: British & US investors gobble up Russian government bonds
Most Russian state-issued bonds were purchased by investors from Britain, the US and the European Union, according to Andrey Solovyev, global head of debt and capital markets at VTB Capital which ran the placement. Russia’s Finance Ministry raised €750 million in a top-up issue of an existing euro-denominated Eurobond and $3 billion in a new Read More

‘Fake feminist!’ WATCH female MP blast Trudeau in Parliament for ‘silencing’ strong women

1 day ago DieselGasoil Comments Off on ‘Fake feminist!’ WATCH female MP blast Trudeau in Parliament for ‘silencing’ strong women
An opposition lawmaker tore into Canada’s proud ‘feminist’ Prime Minister Justin Trudeau’s record on women, saying that the PM has tried to shut them up as he faces a political corruption scandal. Conservative lawmaker Michelle Rempel blasted Trudeau for “muzzling strong, principled women” during a debate in the House of Commons on Wednesday. “He asked Read More

Tiffany holiday-quarter sales miss expectations on weak tourist spending

1 day ago DieselGasoil Comments Off on Tiffany holiday-quarter sales miss expectations on weak tourist spending
FILE PHOTO: A Tiffany & Co logo is seen outside the store on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri (Reuters) – Tiffany & Co narrowly missed Wall Street estimates for quarterly sales on Friday, two months after the luxury retailer signaled soft demand in the holiday season because Read More

Indian rupee goes from worst to best-performing currency in Asia

1 day ago DieselGasoil Comments Off on Indian rupee goes from worst to best-performing currency in Asia
It took just five weeks for India’s national currency to flip from worst to best performing currency in Asia. The rupee soared past its emerging market peers, bolstered by a weakened US dollar and a surge in foreign stock inflows. Since the start of February, the rupee has gone from levels above 71 against the Read More

‘Passengers have lost confidence’: Indonesian carrier cancels big order for Boeing 737 MAX

1 day ago DieselGasoil Comments Off on ‘Passengers have lost confidence’: Indonesian carrier cancels big order for Boeing 737 MAX
Indonesia’s national airline Garuda has announced the cancellation of its multi-billion-dollar order for 49 Boeing 737 Max 8 passenger jets after two fatal crashes involving the aircraft in less than five months. In 2014, Garuda Indonesia signed a $4.9 billion agreement for the delivery of 50 of the Boeing planes, one of which was handed Read More