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World stocks slip, euro suffers, growth fears linger

3 hours ago DieselGasoil Comments Off on World stocks slip, euro suffers, growth fears linger
LONDON (Reuters) – World equity markets slipped on Thursday amid worries on global growth and as investors digested European earnings, while the Swedish crown slumped to its lowest in 17 years and the euro suffered after German data. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a brokerage Read More

Walmart creates Angus beef supply chain, cutting out meat processors

16 hours ago DieselGasoil Comments Off on Walmart creates Angus beef supply chain, cutting out meat processors
(Reuters) – Walmart Inc is taking control of the supply chain for Angus beef sold in some of its stores, cutting out meat processors as the company looks to offer higher quality products in an intensely competitive grocery industry. FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November Read More

Big brands dive into esports to court youth market: Nielsen

22 hours ago DieselGasoil Comments Off on Big brands dive into esports to court youth market: Nielsen
NEW YORK (Reuters) – From snack companies to carmakers, a wide range of brands is trying to reach one of the hottest demographic groups around: esports fans. FILE PHOTO: Esports – ESL One – Dota 2 Major – Arena Birmingham, Birmingham, Britain – May 26, 2018 General view as fans watch on Action Images via Read More

‘Bees returned to honey’: Sanctions failed to stop Germany’s record investment in Russia

2 days ago DieselGasoil Comments Off on ‘Bees returned to honey’: Sanctions failed to stop Germany’s record investment in Russia
The fact that German investments in Russia hit a ten-year record high in 2018 shows that the pressure Washington has exerted on Europe failed to discourage German businesses from returning to the Russian market, analysts believe. Some four years after the first sanctions against Moscow were imposed by Washington and its allies, German investments in Read More

‘Bees returned to honey’: Sanctions failed to stop Germany’s record investment in Russia – analysts

2 days ago DieselGasoil Comments Off on ‘Bees returned to honey’: Sanctions failed to stop Germany’s record investment in Russia – analysts
The fact that German investments in Russia hit a ten-year record high in 2018 shows that the pressure Washington has exerted on Europe failed to discourage German businesses from returning to the Russian market, experts believe. Some four years after the first sanctions against Moscow were imposed by Washington and its allies, German investments in Read More

Japan ≠ France: Pakistan PM Khan mocked on Twitter for geography fail

2 days ago DieselGasoil Comments Off on Japan ≠ France: Pakistan PM Khan mocked on Twitter for geography fail
Pakistani Prime Minister Imran Khan has been mocked online for a verbal gaffe in which he was perceived to suggest that post-war Japan and Germany had joint industries along their shared border, despite the 9,000km between them. “The more trade you have with each other your ties automatically become stronger… Germany and Japan killed millions Read More

On South America’s largest solar farm, Chinese power radiates

2 days ago DieselGasoil Comments Off on On South America’s largest solar farm, Chinese power radiates
JUJUY, Argentina (Reuters) – In an arid, lunar-like landscape in the sunny highlands of northern Argentina, South America’s largest solar farm is rising, powered by funding and technology from China. Guillermo Giralt, technical director of Cauchari Solar, stands next to solar panels at a solar farm, built on the back of funding and technology from Read More

Kraft Heinz’s new CEO looks beyond cost-cutting, big M&A

2 days ago DieselGasoil Comments Off on Kraft Heinz’s new CEO looks beyond cost-cutting, big M&A
CHICAGO (Reuters) – Kraft Heinz Co’s incoming chief executive, Miguel Patricio, is indicating a change in strategy for the packaged food company that could move it away from the aggressive cost-focused culture that has been in place since the company was created in 2015. FILE PHOTO: Commemorative items for sale are on display at the Read More

Range Announces First Quarter 2019 Financial Results

3 days ago DieselGasoil Comments Off on Range Announces First Quarter 2019 Financial Results
FORT WORTH, Texas, April 22, 2019 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2019 financial results.  Highlights – GAAP cash flow provided from operating activities of $261 million, and non-GAAP cash flow of $269 million GAAP net income of $1.4 million ($0.01 per diluted share), and non-GAAP net income Read More

Kraft Heinz hires global brand expert Patricio as CEO

3 days ago DieselGasoil Comments Off on Kraft Heinz hires global brand expert Patricio as CEO
(Reuters) – Kraft Heinz Co named Miguel Patricio as its next chief executive on Monday, hoping the 30-year marketing veteran will revitalize brands such as Planters nuts and Oscar Mayer bacon at one of the world’s largest packaged food companies. FILE PHOTO: A Heinz Ketchup bottle sits between a box of Kraft macaroni and cheese Read More