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World stocks tumble on weak economic data from China and Europe

17 mins ago DieselGasoil Comments Off on World stocks tumble on weak economic data from China and Europe
LONDON (Reuters) – Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-U.S. trade dispute. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Read More

‘Racist’ & ‘mistake’: Jerusalem-born Natalie Portman slams Israel’s nation-state law

2 hours ago DieselGasoil Comments Off on ‘Racist’ & ‘mistake’: Jerusalem-born Natalie Portman slams Israel’s nation-state law
Hollywood star Natalie Portman has dubbed Israel’s contentious ‘nation-state’ law that prioritizes Jewish values racist in an interview to an Arabic newspaper. It’s not the first time she has criticized her country of birth. The bill introduced this July has been slammed as discriminatory, and has sparked local and international condemnation. “This is a mistake Read More

Asian shares jolted by grim Chinese data, growth risks

2 hours ago DieselGasoil Comments Off on Asian shares jolted by grim Chinese data, growth risks
TOKYO (Reuters) – Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a slowdown in the world’s second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Read More

Asian shares jolted by weak Chinese data, growth risks

6 hours ago DieselGasoil Comments Off on Asian shares jolted by weak Chinese data, growth risks
TOKYO (Reuters) – Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a sharp slowdown in the world’s second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Read More

Asian shares wobbly, euro steady after ECB ends QE

9 hours ago DieselGasoil Comments Off on Asian shares wobbly, euro steady after ECB ends QE
TOKYO (Reuters) – Asian shares were on the defensive on Friday as investors kept a wary eye on economic tensions between Washington and Beijing while the euro was steady after the European Central Bank halted new bond purchases as expected. A man walks past an electronic board showing Japan’s Nikkei average and Dow Jones Industrial Read More

Costco margin dip overshadows sales beat, shares slide

10 hours ago DieselGasoil Comments Off on Costco margin dip overshadows sales beat, shares slide
(Reuters) – Costco Wholesale Corp’s (COST.O) gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry. Shopping carts are seen at a Costco Wholesale store in Glenview, Illinois, U.S. May 24, 2016. REUTERS/Jim young/File Read More

Wall Street edges lower as trade-fueled rally loses steam

13 hours ago DieselGasoil Comments Off on Wall Street edges lower as trade-fueled rally loses steam
(Reuters) – U.S. stocks edged lower in volatile trading on Thursday, as a rally sparked by progress in U.S.-China trade talks faded, with investors preferring defensive sectors such as real estate and utilities. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid Wall Read More

U.S. labor market tightening; inflation pressures muted

17 hours ago DieselGasoil Comments Off on U.S. labor market tightening; inflation pressures muted
WASHINGTON (Reuters) – The number of Americans filing applications for jobless benefits tumbled to near a 49-year low last week, which could ease concerns about a slowdown in the labor market and economy. A container ship is shown at port in Long Beach, California, U.S. July 16, 2018. REUTERS/Mike Blake Other data on Thursday showed Read More

Ampelmann inks two new contracts in Asia Pacific

18 hours ago DieselGasoil Comments Off on Ampelmann inks two new contracts in Asia Pacific
12/13/2018 Photo: Ampelmann A-type MWV in Indonesia. THE NETHERLANDS — Dutch multinational Ampelmann has secured two new contracts in the Asia Pacific region. Two A-type systems have made their way to India and Indonesia, respectively, and will enable both short- and long-term Walk to Work (W2W) operations. The contract for India is with vessel owner Read More

Asian shares rally on U.S.-China trade thaw

1 day ago DieselGasoil Comments Off on Asian shares rally on U.S.-China trade thaw
SHANGHAI (Reuters) – Asian equity markets rallied on Thursday on signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to support its cooling economy. FILE PHOTO: An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7, 2018. REUTERS/Thomas Peter Read More