newszine

BlackRock profit misses as market turmoil hits bottom line

5 days ago DieselGasoil Comments Off on BlackRock profit misses as market turmoil hits bottom line
NEW YORK (Reuters) – BlackRock Inc (BLK.N), the world’s largest asset manager, reported lower-than-expected quarterly profits on Wednesday, as price cuts and market turmoil overshadowed strong sales of relatively low-cost funds. FILE PHOTO – A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo GLOBAL BUSINESS Read More

Nissan CEO calls for Renault board to review Ghosn findings

1 week ago DieselGasoil Comments Off on Nissan CEO calls for Renault board to review Ghosn findings
PARIS (Reuters) – Nissan (7201.T) expects alliance partner Renault’s (RENA.PA) board to back its ousting of Chairman Carlos Ghosn once it sees evidence from the Japanese carmaker’s investigation, Chief Executive Hiroto Saikawa said in a Monday newspaper interview. FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a news conference at its global Read More

Germany's biggest state wants at least $11.5 billion for exiting coal

1 week ago DieselGasoil Comments Off on Germany's biggest state wants at least $11.5 billion for exiting coal
DUESSELDORF (Reuters) – North Rhine-Westphalia, one of Germany’s coal-mining states, is demanding at least 10 billion euros ($11.5 billion) in structural support if coal-fired power stations are phased out, its economy minister said. Germany is hammering out plans for how to abandon polluting coal stations in favor of renewables, which accounted for more than 40 Read More

Apple and Amazon propel Wall Street to three-week high

2 weeks ago DieselGasoil Comments Off on Apple and Amazon propel Wall Street to three-week high
(Reuters) – The S&P 500 ascended to a three-week high on Tuesday, led by Apple, Amazon and a rally in industrials on bets that the United States and China would strike a deal to end a trade war. A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., Read More

Amazon, trade optimism power Wall Street rally for third day

2 weeks ago DieselGasoil Comments Off on Amazon, trade optimism power Wall Street rally for third day
(Reuters) – U.S. stocks rose for a third straight day on Tuesday and the S&P 500 touched three-week highs, once again led by Amazon and a rally in industrials on hopes that the United States and China would strike a deal to end a trade war. Traders work on the floor of the New York Read More

Understanding the Fed’s inflation mandate and why it should evolve

2 weeks ago DieselGasoil Comments Off on Understanding the Fed’s inflation mandate and why it should evolve
In the U S today despite the lowest levels of inflation volatility in the last 60 years policy makers and market participants alike place an excessive focus on the Federal Reserve s 2 inflation target in our view To understand how we ve arrived here we think it useful to Read More

NW Natural Celebrates 160 Years of Serving Customers

2 weeks ago DieselGasoil Comments Off on NW Natural Celebrates 160 Years of Serving Customers
PORTLAND, Ore., Jan. 07, 2019 (GLOBE NEWSWIRE) — Natural gas utility NW Natural turned 160 years old today, making it one of the oldest companies in Oregon. Officers from NW Natural and its parent company Northwest Natural Holding Company (NYSE: NWN) commemorated this milestone by ringing the closing bell at the New York Stock Exchange Read More

Why Russia isn’t worried about lower oil prices

2 weeks ago DieselGasoil Comments Off on Why Russia isn’t worried about lower oil prices
Even as Saudi Arabia has scrambled to prevent a bust in the oil market, so far failing to head off a dramatic price slide, Russia seems just fine with prices where they are. Russia is a key piece of the oil price puzzle. OPEC, once a coalition of oil-producing members that made joint decisions to Read More

Ireland introduces legal abortion services

3 weeks ago DieselGasoil Comments Off on Ireland introduces legal abortion services
Ireland has introduced its first abortion services today following a 2018 referendum decision to liberalise the country’s ban on terminating pregnancies. Laws were quickly passed following the referendum to ensure that as of midnight on Tuesday, the country’s national Health service was able to offer terminations free of charge. But onlookers on both sides of Read More