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Asian shares hover near four-month high, buoyed by trade optimism

11 hours ago DieselGasoil Comments Off on Asian shares hover near four-month high, buoyed by trade optimism
TOKYO (Reuters) – Asian shares hovered near a four-month peak on Tuesday, supported by hopes that Sino-U.S. trade talks were making positive progress and expectations of policy stimulus from central banks. FILE PHOTO: Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in Tokyo, Japan December 27, 2018. REUTERS/Kim Kyung-Hoon While Read More

Quadriga: The cryptocurrency exchange that lost $135m

14 hours ago DieselGasoil Comments Off on Quadriga: The cryptocurrency exchange that lost $135m
When the 30-year-old founder of a Canadian cryptocurrency exchange died suddenly, he took the whereabouts of some C$180m ($135m; £105m) in cryptocurrency to his grave. Now, tens of thousands of Quadriga CX users are wondering if they will ever see their funds again. In 2014, one of the world’s biggest online cryptocurrency exchanges – MtGox Read More

Egypt is shaping up to become a real energy hub

1 day ago DieselGasoil Comments Off on Egypt is shaping up to become a real energy hub
Egypt’s oil and gas future looks very bright. The large scale concessions awarded during the EGYPS2019 conference in Cairo, 11-13 February, shows the appetite of IOCs, such as Shell, BP and ENI in this emerging energy hotspot. After years of a major slump, partly due to continuing payment and security issues, the Pharaohs are again Read More

U.S. agency submits auto tariff probe report to White House

1 day ago DieselGasoil Comments Off on U.S. agency submits auto tariff probe report to White House
WASHINGTON (Reuters) – The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed. FILE PHOTO: Toyota trucks are shown on a car carrier for delivery Read More

‘I do not recognize my country’: Yellow Vests who have lost eyes, limbs demand justice from Macron

3 days ago DieselGasoil Comments Off on ‘I do not recognize my country’: Yellow Vests who have lost eyes, limbs demand justice from Macron
French protesters have gathered for the 15th week of Gilets Jaunes rallies, with the injury toll from the civil unrest resembling that of a small war. Despite pleas from victims, however, Emmanuel Macron is tightening the screws. “This is not normal. We are in France, one of the oldest and best democracies in the world,” Read More

Automakers brace for U.S. government report on import tariffs

3 days ago DieselGasoil Comments Off on Automakers brace for U.S. government report on import tariffs
WASHINGTON (Reuters) – A confidential Commerce Department report due to be sent to Donald Trump on Sunday is widely expected to clear the way for the U.S. president to threaten tariffs on imported autos and auto parts by designating the imports a national security threat, auto industry officials said on Friday. FILE PHOTO: Imported vehicles Read More

Progress in U.S.-China trade talks sparks world stock rally

4 days ago DieselGasoil Comments Off on Progress in U.S.-China trade talks sparks world stock rally
NEW YORK (Reuters) – Progress in the U.S.-China trade talks helped send world stock markets broadly higher on Friday and pulled investors out of the safety of government bonds. Europe’s broad Stoxx 600 index rallied 1.4 percent. In midday trading on Wall Street, the Dow Jones Industrial Average rose 359.04 points, or 1.41 percent, to Read More

There are no independent countries in the world, Putin says

4 days ago DieselGasoil Comments Off on There are no independent countries in the world, Putin says
Europe can’t oppose the US deployment of missiles, even if it is contrary to their interests, because no country can be truly independent these days, Vladimir Putin believes. The Russian president thinks “the modern world is the world of interdependency” and there are no truly independent countries these days. “Do you think European countries want Read More

Take Five: The R-word – World markets themes for the week ahead

4 days ago DieselGasoil Comments Off on Take Five: The R-word – 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: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly/File Photo/File Read More