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Dollar falls as Fed officials ring note of caution, pound bounces

3 hours ago DieselGasoil Comments Off on Dollar falls as Fed officials ring note of caution, pound bounces
NEW YORK (Reuters) – The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal. British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas Read More

‘Germany can’t accept being treated like an occupied country’ – Former Chancellor Schroeder

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Former German Chancellor Gerhard Schroeder didn’t mince his words about the incumbent US Ambassador to his country Richard Grenell, saying the US envoy’s treatment of the host country was insulting. Speaking with Reuters about Grenell, the veteran German politician said the ambassador’s actions suggested that he believed Germany to be occupied by America. We can’t Read More

Dollar, U.S. yields fall on Fed comments; Brexit casts shadow

7 hours ago DieselGasoil Comments Off on Dollar, U.S. yields fall on Fed comments; Brexit casts shadow
NEW YORK (Reuters) – The U.S. dollar weakened and Treasury yields pulled back on Friday after a top Federal Reserve official said U.S. interest rates are near a neutral rate, while continued uncertainty over Brexit clouded currency and other markets. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, Read More

Delta orders 10 A330neo in boost to Airbus' slow-selling jet

7 hours ago DieselGasoil Comments Off on Delta orders 10 A330neo in boost to Airbus' slow-selling jet
PARIS/CHICAGO (Reuters) – U.S. carrier Delta Air Lines (DAL.N) said on Friday it ordered 10 Airbus (AIR.PA) A330neo long-haul jets, becoming the first U.S. airline to operate the next-generation of Airbus aircraft and giving a boost to the slow-selling European model. Passengers check in at a counter of Delta Air Lines in Mexico City, Mexico, Read More

US sanctions on China may escalate to ‘commercial Cold War,’ French minister warns

7 hours ago DieselGasoil Comments Off on US sanctions on China may escalate to ‘commercial Cold War,’ French minister warns
The ongoing trade conflict between Washington and Beijing may escalate into a full-fledged commercial cold war, French Finance Minister Bruno Le Maire warned during a World Trade Organization (WTO) conference. Speaking in Paris during an opening ceremony of a meeting on the future of the WTO, Le Maire branded the decision of US President Donald Read More

Europe has economic woes of its own beyond Brexit

9 hours ago DieselGasoil Comments Off on Europe has economic woes of its own beyond Brexit
Business and City folk who spend much time travelling, when asked about how the rest of Europe looks at the Brexit issue, report two key trends. The first, understandably enough, is that Europeans cannot stop laughing at the ineptitude of Britain’s political class or shaking their heads in disbelief at the way one of the Read More

Black or brown? Twitter explodes over Juncker wearing ‘different’ shoes

9 hours ago DieselGasoil Comments Off on Black or brown? Twitter explodes over Juncker wearing ‘different’ shoes
A Twitter storm broke out after it was suggested that Jean-Claude Juncker was wearing shoes of different color during a press briefing. Some blamed it on alcohol, but there might be a bit more to the story. A video uploaded on Twitter shows European Commission President Jean-Claude Juncker finishing up a news conference in Brussels. Read More

US continues imports of Russian gas which it insists Europe should stop buying

10 hours ago DieselGasoil Comments Off on US continues imports of Russian gas which it insists Europe should stop buying
Several cargo ships carrying liquefied natural gas (LNG) from Russia’s Yamal LNG plant have arrived in the US, Russia’s Foreign Ministry spokesperson Maria Zakharova announced, highlighting the obvious weirdness of the situation. “Oddly enough, with all this visible public flow of negative rhetoric from Washington, Russian liquefied natural gas is successfully being supplied to the Read More

SAP still expects to expand margins after Qualtrics deal: SAP

15 hours ago DieselGasoil Comments Off on SAP still expects to expand margins after Qualtrics deal: SAP
FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski/File Photo BARCELONA (Reuters) – SAP (SAPG.DE), the German business software company, still expects its margins to expand after its $8 billion takeover of Qualtrics, the U.S. company that specializes in tracking the sentiment of consumers online, CFO Luka Mucic said Read More