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Venezuela crisis: Maduro officials & Guaido’s opposition to hold talks in Norway

7 hours ago DieselGasoil Comments Off on Venezuela crisis: Maduro officials & Guaido’s opposition to hold talks in Norway
Both Caracas and Venezuelan opposition leader Juan Guaido have confirmed they sent their representatives to Oslo for talks scheduled to begin next week, a second such attempt at dialogue within two weeks. As the Venezuelan government and the opposition remain deadlocked, with Western-backed, self-proclaimed ‘interim president’ Guaido failing to enlist enough support from the military Read More

Fasten your sickbags: Air taxis to fly passengers in many cities across the world by 2025

7 hours ago DieselGasoil Comments Off on Fasten your sickbags: Air taxis to fly passengers in many cities across the world by 2025
Air taxis will offer services in a number of cities over the next six years, according to Oliver Walker-Jones, head of communications of German aviation startup Lilium. “We plan to start operations in several cities around the world by 2025, although in some locations the service will be launched earlier. There is a huge interest Read More

‘Huge’ challenges as South African president is sworn in

24 hours ago DieselGasoil Comments Off on ‘Huge’ challenges as South African president is sworn in
South African President Cyril Ramaphosa has been sworn in before a 30,000-strong crowd, vowing to create jobs and tackle deep-rooted corruption. Mr Ramaphosa, the country’s fourth democratically elected president since the end of apartheid, took the presidential oath in a packed Loftus Versfeld stadium in capital Pretoria. “Today our nation enters a new era of Read More

Weekly Economic Release Summary: Coincident Indicators Show A Slowing Economy

1 day ago DieselGasoil Comments Off on Weekly Economic Release Summary: Coincident Indicators Show A Slowing Economy
For the last several months, the authors of the Cass Freight Index have voiced economic concerns : While we are still not ready to turn completely negative in our outlook, we do think it is prudent to become more alert to each additional incoming data point on freight flow volume, Read More

Belt and Road to boost China’s growth over next four decades

1 day ago DieselGasoil Comments Off on Belt and Road to boost China’s growth over next four decades
China’s Belt and Road Initiative (BRI) will likely provide significant business opportunities to global economies, according to participants of the 8th China Business Forum in London. They said that the world’s second largest economy, China, is poised to grow strongly in the next two to four decades thanks to the BRI. “Growth is going to Read More

Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting

1 day ago DieselGasoil Comments Off on Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting
Last week, US President Donald Trump signed an executive order aimed at banning Chinese telecoms like Huawei from selling equipment to the US over an unacceptable risk to national security. Following the order, the US Department of Commerce announced the blacklisting of Huawei along with 70 of its affiliates. The step prevented US-based corporations from Read More

Wall Street Weekahead: Trade protection doesn’t have to exclude growth stocks

1 day ago DieselGasoil Comments Off on Wall Street Weekahead: Trade protection doesn’t have to exclude growth stocks
(Reuters) – The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don’t need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China. Some investors are seeking safety in domestic U.S. growth stocks ranging from software and online Read More

Wall Street week ahead: Trade protection doesn’t have to exclude growth stocks

2 days ago DieselGasoil Comments Off on Wall Street week ahead: Trade protection doesn’t have to exclude growth stocks
(Reuters) – The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don’t need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China. Some investors are seeking safety in domestic U.S. growth stocks ranging from software and online Read More

Wall St. edges higher after Trump sparks U.S.-China trade hopes

2 days ago DieselGasoil Comments Off on Wall St. edges higher after Trump sparks U.S.-China trade hopes
NEW YORK (Reuters) – Wall Street’s major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. Trump said late on Thursday that he saw a resolution to the trade war with China “happening fast.” Read More

Oil rises more than 1% but sets biggest weekly loss of 2019

2 days ago DieselGasoil Comments Off on Oil rises more than 1% but sets biggest weekly loss of 2019
NEW YORK (Reuters) – Oil prices climbed more than 1% on Friday ahead of long U.S. and UK holiday weekends, but posted the biggest weekly drop of the year, pressured by rising inventories and worries about the global economy. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July Read More