newszine

Asian millers turn to Argentina for wheat as drought hits Australian output

2 days ago DieselGasoil Comments Off on Asian millers turn to Argentina for wheat as drought hits Australian output
(Reuters) – Asian wheat millers are snapping up cargoes of the grain from Argentina to arrive in the first-half of the year, typically peak-export season for traditional supplier Australia where a second year of drought is hitting production. FILE PHOTO – A combine harvester is used to harvest wheat in a field in the village Read More

British supermarkets battle to secure stocks as chaotic Brexit looms

3 days ago DieselGasoil Comments Off on British supermarkets battle to secure stocks as chaotic Brexit looms
LONDON (Reuters) – Britons could face shortages of fresh food, price rises and less variety if the country leaves the European Union next month without agreeing on trade terms, food industry officials say. FILE PHOTO: Picked apples are seen at Stocks Farm in Suckley, Britain, October 10, 2016. REUTERS/Eddie Keogh/File Photo With no deal in Read More

Lyft to woo investors with fast U.S. growth in IPO race with Uber

7 days ago DieselGasoil Comments Off on Lyft to woo investors with fast U.S. growth in IPO race with Uber
SAN FRANCISCO/NEW YORK (Reuters) – Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter. An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, Read More

Australian flooding hits cattle herds, fertilizer output

2 weeks ago DieselGasoil Comments Off on Australian flooding hits cattle herds, fertilizer output
SYDNEY (Reuters) – Australia’s largest fertilizer maker and its biggest listed cattle farmer on Monday warned investors of sizeable losses stemming from floods that engulfed parts of Queensland state, as receding water began to reveal the scale of damage. FILE PHOTO – The Incitec Pivot company fertilizer and explosive chemical plant is pictured at sunset Read More

In U.S. Midwest, 22F 'feels like spring' after days of brutal cold

3 weeks ago DieselGasoil Comments Off on In U.S. Midwest, 22F 'feels like spring' after days of brutal cold
CHICAGO/NEW YORK (Reuters) – Bone-chilling cold that paralyzed a chunk of the United States this week and killed at least 18 people eased on Friday as an errant Arctic air mass retreated ahead of a warmer-than-normal weekend in areas of the Midwest and Northeast. Downtown Manhattan in New York City is seen over ice that Read More

In U.S. Midwest, 19F feels like heat wave after days of brutal cold

3 weeks ago DieselGasoil Comments Off on In U.S. Midwest, 19F feels like heat wave after days of brutal cold
CHICAGO/NEW YORK (Reuters) – Bone-chilling cold that paralyzed a large swath of the United States this week and caused more than a dozen deaths eased on Friday as an errant Arctic air mass retreated, setting the stage for a warmer weekend in the Midwest and the Northeast. A worker from AAA aids vehicle trapped in Read More

Factory activity shrinks across Asia as cooling China threatens global growth

3 weeks ago DieselGasoil Comments Off on Factory activity shrinks across Asia as cooling China threatens global growth
HONG KONG (Reuters) – Factory activity shrank across much of Asia in January, falling to the weakest in years in several countries and adding to worries that trade tariffs and cooling demand in China pose an increasing threat to global growth. FILE PHOTO: Labourers working on dismantling equipment and facilities are seen through a window Read More

How one of Venezuela's last oil buyers may react to sanctions

3 weeks ago DieselGasoil Comments Off on How one of Venezuela's last oil buyers may react to sanctions
By Dhwani Pandya, Serene Cheong and Debjit Chakraborty on 1/29/2019 SINGAPORE and NEW DELHI (Bloomberg) — After the U.S. slapped sanctions on Venezuela’s state-owned PDVSA, which essentially add up to an oil ban, the market has focused on how the remaining buyers of the South American country’s heavy, low-quality crude will react. India is the Read More

Diluting Venezuela’s heavy crude just got harder

3 weeks ago DieselGasoil Comments Off on Diluting Venezuela’s heavy crude just got harder
By Ann Koh, Jack Wittels and Saket Sundria on 1/29/2019 SINGAPORE and LONDON (Bloomberg) — Venezuela is home to some of the thickest crude on the planet and it can’t be exported without first being diluted. That will become a much tougher task following the latest U.S. sanctions on the Latin American country.  Much of Read More