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Chinese officials to visit U.S. farmland as trade talks continue -U.S. agriculture chief

4 hours ago DieselGasoil Comments Off on Chinese officials to visit U.S. farmland as trade talks continue -U.S. agriculture chief
FILE PHOTO: U.S. Secretary of Agriculture Sonny Perdue speaks during an event hosted by U.S. President Donald Trump with workers on “Cutting the Red Tape, Unleashing Economic Freedom” in the Oval Office of the White House in Washington, U.S., October 17, 2018. REUTERS/Joshua Roberts/File Photo WASHINGTON (Reuters) – A Chinese delegation will visit American farm Read More

Tech investors: No broad lessons seen in WeWork valuation drama

5 hours ago DieselGasoil Comments Off on Tech investors: No broad lessons seen in WeWork valuation drama
NEW YORK (Reuters) – Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork. FILE PHOTO: The WeWork logo is displayed on the entrance of a co-working space in New York City, New York U.S., January 8, 2019. REUTERS/Brendan McDermid/File Photo Scott Kupor, Read More

Upbeat data suggest U.S. economy still on moderate growth path

9 hours ago DieselGasoil Comments Off on Upbeat data suggest U.S. economy still on moderate growth path
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace. FILE PHOTO: Job seekers line up at TechFair in Los Angeles, California, U.S. March 8, 2018. REUTERS/Monica Almeida/File Photo Read More

Chevron sanctions waterflood project to boost St. Malo production

9 hours ago DieselGasoil Comments Off on Chevron sanctions waterflood project to boost St. Malo production
9/19/2019 SAN RAMON, CA- Chevron has sanctioned a waterflood project in the St. Malo field. This application of enabling technology is expected to increase recovery and advance Chevron’s strategy of maximizing the company’s existing resources in the Gulf of Mexico. Chevron St. Malo project “The St. Malo field is a world-class asset that is positioned Read More

France urges Germany to act on economy sooner rather later

10 hours ago DieselGasoil Comments Off on France urges Germany to act on economy sooner rather later
PARIS (Reuters) – Germany should act sooner rather than later to revive its flagging economy, France’s finance minister said on Thursday, as he struggled to hide frustration with the pace of Berlin’s efforts to engineer a recovery. French Finance Minister Bruno Le Maire attends a joint news conference after a meeting in Paris, France, September Read More

SEC’s Clayton worries about private markets, negative rates

10 hours ago DieselGasoil Comments Off on SEC’s Clayton worries about private markets, negative rates
NEW YORK (Reuters) – U.S. Securities and Exchange Commission chair Jay Clayton said on Thursday he was concerned about the growth of private markets and negative interest rates as policymakers try to stimulate growth. FILE PHOTO: Jay Clayton, Chairman of the U.S. Securities and Exchange Commission, speaks at the Economic Club of New York luncheon Read More

India says it meets ‘developing country’ criteria in bid to reclaim US trade concessions

10 hours ago DieselGasoil Comments Off on India says it meets ‘developing country’ criteria in bid to reclaim US trade concessions
India’s foreign secretary says his country meets the criteria for a developing country, calling on Washington to backtrack on its decision to withdraw trade concessions. “Generalized System of Preferences is a unilateral decision, given by countries to other countries based on certain criteria. We are a developing country, we meet those criteria,” Vijay Gokhale Read More

U.S. labor market remains strong, manufacturing still weak

12 hours ago DieselGasoil Comments Off on U.S. labor market remains strong, manufacturing still weak
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace. FILE PHOTO: Job seekers line up at TechFair in Los Angeles, California, U.S. March 8, 2018. REUTERS/Monica Almeida/File Photo Other Read More

Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry

13 hours ago DieselGasoil Comments Off on Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry
LONDON (Reuters) – World share markets and bond yields nudged modestly higher on Thursday as the U.S. Federal Reserve’s second interest rate cut of the year and promises of support from other top central banks kept global recession jitters at bay. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Wall Street futures tick lower after mixed policy signals from Fed

14 hours ago DieselGasoil Comments Off on Wall Street futures tick lower after mixed policy signals from Fed
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stock index futures were lower on Thursday after the Federal Reserve delivered a widely expected interest rate cut but played down hopes of further monetary easing. New projections showed Read More