newszine

Exclusive: Italy’s UniCredit puts possible Commerzbank bid on ice for now – sources

3 hours ago DieselGasoil Comments Off on Exclusive: Italy’s UniCredit puts possible Commerzbank bid on ice for now – sources
LONDON/MILAN (Reuters) – Italy’s UniCredit has put a possible bid for Commerzbank on ice as the German rival does not want to engage in negotiations so soon after the collapse of merger talks with Deutsche Bank, four sources said. FILE PHOTO: A Commerzbank logo is pictured before the bank’s annual news conference in Frankfurt, Germany, Read More

Russia says it will counter ‘illegal’ US sanctions on Iran

3 hours ago DieselGasoil Comments Off on Russia says it will counter ‘illegal’ US sanctions on Iran
By Tom Gillespie, news reporter Russia says it will counter “illegal” sanctions Donald Trump plans to impose on Iran after the downing of a US drone. Deputy foreign minister Sergei Ryabkov has not revealed what steps Russia would take in response to the measures taken by Donald Trump aimed at stopping the country from obtaining Read More

Still too early to take position on OPEC+ crude deal for H2: Russia’s Novak

4 hours ago DieselGasoil Comments Off on Still too early to take position on OPEC+ crude deal for H2: Russia’s Novak
London — Russian energy minister Alexander Novak said Monday it was still too early to talk about what form an OPEC+ deal on crude output should take in the second half of the year due to ongoing uncertainty in the market. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Read More

Danske Bank ousts former interim CEO after customers overcharged

4 hours ago DieselGasoil Comments Off on Danske Bank ousts former interim CEO after customers overcharged
COPENHAGEN (Reuters) – Danske Bank has dismissed its former interim chief executive Jesper Nielsen after customers were overcharged for an investment product, a first step by its new boss to restore trust in the troubled lender. FILE PHOTO: Danske Bank interim CEO Jesper Nielsen speaks at a public hearing at the Danish parliament in Copenhagen, Read More

Futures edge higher with trade talks in focus

5 hours ago DieselGasoil Comments Off on Futures edge higher with trade talks in focus
(Reuters) – U.S. stock index futures edged higher on Monday, with investors hoping that the upcoming U.S.-China trade talks will help de-escalate a trade war that is damaging the global economy. FILE PHOTO: Traders work on the main trading floor after the opening bell at New York Stock Exchange (NYSE) in New York, U.S. June Read More

Beijing could blacklist FedEx as ‘unreliable entity’ after another Huawei delivery screw-up

5 hours ago DieselGasoil Comments Off on Beijing could blacklist FedEx as ‘unreliable entity’ after another Huawei delivery screw-up
American courier FedEx has apologized for failing to deliver a package to the US which contained a Huawei smartphone. The incident, which is not the first of its kind to affect Huawei, was explained as an “operational mistake.” The parcel belonged to PC Magazine which reportedly tried to send a Huawei P30 smartphone from Britain Read More

Bitcoin pulls back from 15-month highs after 10% weekend jump

7 hours ago DieselGasoil Comments Off on Bitcoin pulls back from 15-month highs after 10% weekend jump
LONDON (Reuters) – Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin. FILE PHOTO: A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, Read More

FedEx apologizes for returning Huawei phone, reigniting Chinese ire

8 hours ago DieselGasoil Comments Off on FedEx apologizes for returning Huawei phone, reigniting Chinese ire
(Reuters) – FedEx Corp has apologized for returning a package which the sender said contained a Huawei smartphone, blaming an “operational error” as it works to comply with U.S. restrictions on business with China’s Huawei Technologies Co Ltd. FILE PHOTO: A Federal Express truck makes its way down a freeway in San Diego, California August Read More

Analysis: Southeast Asia contributing heavily to ample US-Asia crude flows in 2019

10 hours ago DieselGasoil Comments Off on Analysis: Southeast Asia contributing heavily to ample US-Asia crude flows in 2019
Singapore — Southeast Asia will likely continue to play a pivotal role in support of ample US-Asia crude oil trades in the second half of 2019 despite China’s faltering appetite for US energy products, with Vietnam aiming to procure two more WTI crude cargoes over the coming quarters. Not registered? Receive daily email alerts, subscriber Read More

U.S. arms makers see booming European demand as threats multiply

20 hours ago DieselGasoil Comments Off on U.S. arms makers see booming European demand as threats multiply
PARIS (Reuters) – U.S. arms makers say European demand for fighter jets, missile defenses and other weapons is growing fast amid heightened concerns about Russia and Iran. A Lockheed Martin F-16 fighter of the Belgian Air Force performs at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 22, 2019. Read More