newszine

Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line

2 days ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line
CALGARY, Alberta, Sept. 16, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces the closing of the sale of a portion of its Alliance Service and the execution of an Interconnection Development Agreement with Alliance Pipeline Limited Partnership to reactivate its lateral line to the company-owned Bigstone West Gas Plant located at Read More

Saudi, Gulf stocks fall after attack on Aramco oil plants

3 days ago DieselGasoil Comments Off on Saudi, Gulf stocks fall after attack on Aramco oil plants
DUBAI (Reuters) – Saudi stocks .TASI plunged 2.3% as the market opened on Sunday, after attacks on two plants at the heart of the kingdom’s oil industry a day earlier knocked out more than half of Saudi crude output. Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Read More

Citigroup stands by card strategy despite economic clouds

4 days ago DieselGasoil Comments Off on Citigroup stands by card strategy despite economic clouds
NEW YORK (Reuters) – Some Wall Street analysts have begun to question whether Citigroup Inc’s (C.N) big bet on credit cards will backfire if the U.S. economy enters a recession, despite the bank saying it is underwriting responsibly. Balance transfer envelopes are pictured in a Reuters office in New York, U.S., September 5, 2019. Picture Read More

Asia shares at six-week high on trade progress, ECB easing

5 days ago DieselGasoil Comments Off on Asia shares at six-week high on trade progress, ECB easing
TOKYO/HONG KONG (Reuters) – Asian stocks climbed to their highest in six weeks on Friday, as signs of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped to calm fears of a global economic slowdown. FILE PHOTO: A man points out an electronic board showing the Nikkei stock index outside Read More

Aston Martin falls 5% in its London IPO

5 days ago DieselGasoil Comments Off on Aston Martin falls 5% in its London IPO
You could own James Bond’s car Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion. But its first day of trading in London got off to a rocky start. The favorite carmaker of fictional British secret service agent James Bond priced its Read More

Record low rates deliver competitive advantages to Australia’s biggest banks: regulator

5 days ago DieselGasoil Comments Off on Record low rates deliver competitive advantages to Australia’s biggest banks: regulator
SYDNEY (Reuters) – Australia’s banking watchdog on Friday said record-low interest rates are likely to benefit the country’s “Big Four” lenders over their smaller counterparts due to their better capital position and access to cheaper funds. FILE PHOTO: A man uses his mobile phone as he leaves the Commonwealth Bank of Australia building in central Read More

Asian shares advance on U.S.-China trade progress, ECB easing

5 days ago DieselGasoil Comments Off on Asian shares advance on U.S.-China trade progress, ECB easing
TOKYO (Reuters) – Asian stocks advanced on Friday as hints of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped counter worries about a global economic slowdown. FILE PHOTO: A man points out an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Japan, May 14, 2019. Read More

Climate change pushes U.S. fund managers to bet on AC makers

5 days ago DieselGasoil Comments Off on Climate change pushes U.S. fund managers to bet on AC makers
NEW YORK (Reuters) – Record heatwaves in Europe and Asia this summer are leading fund managers to buy shares of air conditioning manufacturers, betting that the public health risks of rising temperatures will compel businesses and apartment building owners to install cooling systems. FILE PHOTO: A pharmacy sign displays a temperature of 37 degrees Celsius Read More

Kroger’s doubts about turnaround targets cloud quarterly profit beat

6 days ago DieselGasoil Comments Off on Kroger’s doubts about turnaround targets cloud quarterly profit beat
(Reuters) – Kroger Co (KR.N) on Thursday raised doubts about its profit targets from an ongoing turnaround plan, even as the supermarket chain operator posted a better-than-expected quarterly profit, helped by its investments in delivery and online operations. The retailer has been rapidly growing its online business by expanding delivery options under the three-year “Restock Read More