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Investors shun equities, pile into bonds in past week: BAML

19 hours ago DieselGasoil Comments Off on Investors shun equities, pile into bonds in past week: BAML
LONDON (Reuters) – Investors are neither extremely bullish nor bearish, according to Bank of America Merrill Lynch’s gauge of market sentiment, as they weigh the impact of trade tensions between the United States and China. Investors pulled $19.5 billion out of equities in the week to May 15, while bonds added $5.1 billion in their Read More

Wall St. falls after China’s tough talk on trade

20 hours ago DieselGasoil Comments Off on Wall St. falls after China’s tough talk on trade
(Reuters) – U.S. stocks slipped on Friday, after three straight sessions of gains, as trade tensions were renewed after Chinese media took a hardline approach to the tariff dispute between the United States and China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

EU wheat in good shape after rain eases concerns over dry spring

20 hours ago DieselGasoil Comments Off on EU wheat in good shape after rain eases concerns over dry spring
HAMBURG (Reuters) – Welcome rain in the four largest European Union wheat producers raised hopes for a good harvest this summer after a dry spring sparked fears of a repeat of last year’s drought-damaged crop, experts said on Friday. FILE PHOTO: A field of unharvested wheat is seen in Remouille, western France, July 6, 2017. Read More

Wall St. set to open lower after China’s tough talk on trade

21 hours ago DieselGasoil Comments Off on Wall St. set to open lower after China’s tough talk on trade
(Reuters) – Wall Street was set to break a three-day winning streak on Friday, as trade worries returned after Chinese media took a hard stance on the tariff dispute between the United States and China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

After Huawei blow, China says U.S. must show sincerity for talks

24 hours ago DieselGasoil Comments Off on After Huawei blow, China says U.S. must show sincerity for talks
BEIJING (Reuters) – The United States must show sincerity if it is to hold meaningful trade talks, China said on Friday, after U.S. President Donald Trump dramatically raised the stakes with a potentially devastating blow to Chinese tech giant Huawei. A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, Read More

Hearings begin to halt dolphin hunting in notorious Japan village

1 day ago DieselGasoil Comments Off on Hearings begin to halt dolphin hunting in notorious Japan village
TOKYO (Reuters) – Court hearings began to stop dolphin hunting in a Japanese village on Friday, with plaintiffs saying the grisly annual hunts, made famous in an Oscar-winning documentary, violate animal protection laws due to their “extreme cruelty”. FILE PHOTO: Dolphins are seen at a cove in Taiji, western Japan, January 21, 2014. REUTERS/Adrian Mylne/File Read More

Shares swoon as Beijing ramps up war of words

1 day ago DieselGasoil Comments Off on Shares swoon as Beijing ramps up war of words
LONDON (Reuters) – World share markets suffered a fresh bout of risk aversion on Friday after tough words on trade from China, while bets on a new pro-Brexit leader in Britain whipped the pound towards its worst week since October. FILE PHOTO: People walk through the lobby of the London Stock Exchange in London, Britain Read More

Amazon squares up to Uber with backing for UK food app Deliveroo

1 day ago DieselGasoil Comments Off on Amazon squares up to Uber with backing for UK food app Deliveroo
LONDON (Reuters) – Amazon has led a funding round in British online food delivery company Deliveroo, pitting itself against Uber Eats and other smaller providers in an escalating battle to deliver takeaway meals. A Deliveroo scooter driver takes a break between deliveries in London, Britain June 8, 2018. REUTERS/Simon Dawson The news that the world’s Read More

Oil steady as Middle East tensions mounts, set for weekly gains

1 day ago DieselGasoil Comments Off on Oil steady as Middle East tensions mounts, set for weekly gains
TOKYO (Reuters) – Oil prices were steady on Friday, giving up earlier gains, and were on track for the first weekly increases this month, as rising tensions in the Middle East stoked fears of supply disruptions. FILE PHOTO: A view shows a well head and a drilling rig in the Yarakta Oil Field, owned by Read More

Asia shares shudder as Beijing talks tough

1 day ago DieselGasoil Comments Off on Asia shares shudder as Beijing talks tough
SYDNEY (Reuters) – Asian shares suffered a fresh bout of the shakes on Friday as tough words on trade from China’s media drowned out upbeat news on the U.S. economy and corporate earnings. FILE PHOTO: People walk in front of a board displaying stock indexes in Tokyo April 22, 2015. REUTERS/Thomas Peter/File Photo Shanghai stocks Read More