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Asia stocks firm as Fed props up rate cut expectations

12 hours ago DieselGasoil Comments Off on Asia stocks firm as Fed props up rate cut expectations
TOKYO (Reuters) – Asian stocks rose on Friday after a top Federal Reserve official cemented expectations of a U.S. interest rate cut later this month, fuelling appetite for riskier assets and keeping a cap on the dollar. FILE PHOTO: A man in a bicycle stops in front of an electronic board showing the Nikkei stock Read More

Asia stocks gain, dollar sags as Fed reinforces rate cut expectations

17 hours ago DieselGasoil Comments Off on Asia stocks gain, dollar sags as Fed reinforces rate cut expectations
TOKYO (Reuters) – Asian stocks gained and the dollar sagged on Friday after a top Federal Reserve official all but cemented expectations of a U.S. interest rate cut later this month. FILE PHOTO: A man in a bicycle stops in front of an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Read More

Icahn launches proxy fight after stalled talks with Occidental CEO

17 hours ago DieselGasoil Comments Off on Icahn launches proxy fight after stalled talks with Occidental CEO
HOUSTON (Reuters) – Activist investor Carl Icahn on Thursday formally launched a proxy fight against Occidental Petroleum (OXY.N) to win control of four board seats, according to a regulatory filing, after talks with the oil company’s chief executive failed to reach an agreement. FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Read More

Brazil deforestation soars in July, threatening EU trade deal

1 day ago DieselGasoil Comments Off on Brazil deforestation soars in July, threatening EU trade deal
BRASILIA (Reuters) – Deforestation in Brazil’s Amazon rainforest accelerated in the first half of July, outstripping the full month last year and raising red flags for a regional trade deal with the European Union. FILE PHOTO: An aerial view of a section of deforested Amazon rainforest turned into farmland near the city of Alta Floresta, Read More

World Court orders stay of execution from Pakistan in former Indian Navy commander espionage case

2 days ago DieselGasoil Comments Off on World Court orders stay of execution from Pakistan in former Indian Navy commander espionage case
The United Nations’ highest court, the International Court of Justice (ICJ), has voted in favor of a stay of execution for former Indian Navy commander Kulbhushan Sudhir Jadhav, who was convicted of espionage by Pakistan in 2017. The ICJ ordered Pakistan to review the death sentence handed down following Jadhav’s alleged espionage and sabotage, after Read More

U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm

3 days ago DieselGasoil Comments Off on U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm
(Reuters) – The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualcomm Inc (QCOM.O) on Tuesday, citing support from the Energy Department and Defense Department. FILE PHOTO: A Qualcomm sign is pictured at Mobile World Congress (MWC) in Shanghai, China June 28, Read More

UAW president to GM: We invested in you, now invest in us

3 days ago DieselGasoil Comments Off on UAW president to GM: We invested in you, now invest in us
DETROIT (Reuters) – The UAW and General Motors Co (GM.N) on Tuesday formally kicked off contract talks, with the union’s president calling on the automaker to keep open plants it has slated for closure and to invest in its workforce after the union helped it through a government-led bankruptcy a decade ago. General Motors Chairman Read More

Media link Italy neo-Nazi missile to ‘pro-Russian separatists’ despite police saying the OPPOSITE

4 days ago DieselGasoil Comments Off on Media link Italy neo-Nazi missile to ‘pro-Russian separatists’ despite police saying the OPPOSITE
A long list of reputable media outlets such as CNN and BBC have misquoted Italian police about a neo-Nazi group that fought for the government in Ukraine, falsely reporting that they were linked to Donbass separatists instead. The Italian state police said on Monday that it had seized a cache of Nazi memorabilia and weapons Read More

Amazon rivals ride on Prime Day marketing as protests unfold

4 days ago DieselGasoil Comments Off on Amazon rivals ride on Prime Day marketing as protests unfold
NEW YORK (Reuters) – Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday’s Black Friday as a driver of sales. FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in Read More

‘We have nothing to quarrel about’: Russians & Ukrainians speak for unity at televised conference

7 days ago DieselGasoil Comments Off on ‘We have nothing to quarrel about’: Russians & Ukrainians speak for unity at televised conference
As politicians in Russia and Ukraine take the first steps to renew talks after years of strained relations, people in both countries have come forward in a televised “bridge” show to call for unity between the two nations. Russians and Ukrainians have engaged in a two-hour-long civil dialog for the first time in several years, Read More