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Exclusive: Huawei’s U.S. research arm builds separate identity

3 mins ago DieselGasoil Comments Off on Exclusive: Huawei’s U.S. research arm builds separate identity
(Reuters) – The U.S.-based research arm of China’s Huawei Technologies Co Ltd – Futurewei Technologies Inc – has moved to separate its operations from its corporate parent since the U.S government in May put Huawei on a trade blacklist, according to two people familiar with the matter. FILE PHOTO: A Huawei company logo at the Read More

Oil prices drop amid demand worries, but U.S.-Iran tensions support

2 hours ago DieselGasoil Comments Off on Oil prices drop amid demand worries, but U.S.-Iran tensions support
TOKYO (Reuters) – Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting tensions in the Middle East. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture Read More

Stocks suffer trade jitters, dollar braced for more Fed talk

3 hours ago DieselGasoil Comments Off on Stocks suffer trade jitters, dollar braced for more Fed talk
SYDNEY (Reuters) – Asian shares were hamstrung by trade worries Tuesday as expectations of more dovish talk from the Federal Reserve pushed down Treasury yields and the dollar, while propelling gold prices to six-year peaks. FILE PHOTO: An investor watches stock prices at a brokerage office in Beijing, China July 6, 2018. REUTERS/Jason Lee Investors Read More

Oil prices steady, U.S.-Iran tensions remain in focus

4 hours ago DieselGasoil Comments Off on Oil prices steady, U.S.-Iran tensions remain in focus
TOKYO (Reuters) – Oil prices were steady on Tuesday, supported by worries over conflict between Iran and the United States but pressured by concerns about a potential decline in demand for crude. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture taken Read More

Dollar falls with yields as more Fed talk awaited

5 hours ago DieselGasoil Comments Off on Dollar falls with yields as more Fed talk awaited
SYDNEY (Reuters) – Asian stocks were left adrift on Tuesday as expectations of more dovish talk from the Federal Reserve pushed down Treasury yields and the dollar, while lifting gold to six-year peaks. FILE PHOTO: An investor watches stock prices at a brokerage office in Beijing, China July 6, 2018. REUTERS/Jason Lee Equity investors are Read More

S&P 500 slips as healthcare drags, investors eye G20 summit

8 hours ago DieselGasoil Comments Off on S&P 500 slips as healthcare drags, investors eye G20 summit
NEW YORK (Reuters) – The S&P 500 edged lower on Monday as losses by healthcare companies overshadowed gains in the technology sector, while investors awaited U.S. President Donald Trump’s meeting with Chinese President Xi Jinping at the G20 summit this week. The Nasdaq slipped but tariff-sensitive industrials, headed up by Boeing Co, led the blue-chip Read More

Oil mixed on crude demand fears and U.S.-Iran tensions

10 hours ago DieselGasoil Comments Off on Oil mixed on crude demand fears and U.S.-Iran tensions
NEW YORK (Reuters) – Oil prices were mixed on Monday as market concerns about the possibility of a conflict between the United States and Iran eased, while worries about declining crude demand resurfaced. FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is operated by ExxonMobil, near Basra, Iraq June Read More

Global stocks mostly flat ahead of G20; dollar slips

11 hours ago DieselGasoil Comments Off on Global stocks mostly flat ahead of G20; dollar slips
NEW YORK (Reuters) – Global equity markets traded mostly flat on Monday as investors awaited U.S.-China trade talks the end of this week at the G20 summit, and the dollar fell to three-month lows on bets the Federal Reserve may cut interest rates more than once this year. Traders work on the floor at the Read More

Oil prices slip on demand fears, Mideast tensions ease

12 hours ago DieselGasoil Comments Off on Oil prices slip on demand fears, Mideast tensions ease
NEW YORK (Reuters) – Oil prices edged lower on Monday as crude demand concerns resurfaced and the possibility of an imminent conflict between the United States and Iran faded. FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is operated by ExxonMobil, near Basra, Iraq June 1, 2019. REUTERS/Essam Al-Sudani/File Read More

Exclusive: Huawei’s U.S. research arm builds separate identity

12 hours ago DieselGasoil Comments Off on Exclusive: Huawei’s U.S. research arm builds separate identity
(Reuters) – The U.S.-based research arm of China’s Huawei Technologies Co Ltd – Futurewei Technologies Inc – has moved to separate its operations from its corporate parent since the U.S government in May put Huawei on a trade blacklist, according to two people familiar with the matter. FILE PHOTO: A Huawei company logo at the Read More