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Asia stocks fall on likely smaller Fed rate cut, crude climbs

24 mins ago DieselGasoil Comments Off on Asia stocks fall on likely smaller Fed rate cut, crude climbs
TOKYO (Reuters) – Asia stocks fell on Monday as investors scaled back expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following Iran’s seizure of a British tanker lifted crude oil prices. FILE PHOTO: Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) Read More

Asia stocks dip on likely smaller Fed rate cut, oil gains

2 hours ago DieselGasoil Comments Off on Asia stocks dip on likely smaller Fed rate cut, oil gains
TOKYO (Reuters) – Asia stocks eased on Monday as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following an Iranian seizure of a British tanker lifted crude oil prices. FILE PHOTO: Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) Read More

Oil gains as Gulf tanker seizure raises tensions

2 hours ago DieselGasoil Comments Off on Oil gains as Gulf tanker seizure raises tensions
TOKYO (Reuters) – Oil prices rose on Monday amid high tensions in the Middle East after a British tanker was seized by the Iranian military at the end of last week. FILE PHOTO: An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS/Christian Hartmann/File Photo Brent crude futures were Read More

Funds managing $2 trillion urge cement makers to act on climate impact

4 hours ago DieselGasoil Comments Off on Funds managing $2 trillion urge cement makers to act on climate impact
LONDON (Reuters) – European funds managing $2 trillion in assets called on cement companies to slash their greenhouse gas emissions on Monday, warning that a failure to do so could put their business models at risk. With the extreme weather and natural disasters associated with climate change intensifying around the world, some asset managers are Read More

Europe faces ‘looming syphilis epidemic’ thanks to dating apps and reduced fear of HIV

17 hours ago DieselGasoil Comments Off on Europe faces ‘looming syphilis epidemic’ thanks to dating apps and reduced fear of HIV
Syphilis stopped being “a disease of the past” after its worrying resurgence in Europe, health experts told RT. Less fear of contracting HIV and the rise of dating apps are among the factors behind the problem. The spread of syphilis in Europe is intensifying due to worrying trends in human behavior, the head of the Read More

‘Alter your course’: Audio of moment Iranians warn UK-flagged tanker

20 hours ago DieselGasoil Comments Off on ‘Alter your course’: Audio of moment Iranians warn UK-flagged tanker
By Chris Robertson and Emily Mee, news reporters New audio has been released of both the Iranian Revolutionary Guard and the HMS Montrose giving instructions to a British-flagged tanker before it was “illegally” seized by Tehran. In the audio, the Revolutionary Guard can be heard telling the Stena Impero: “If you obey, you will be Read More

Oil will go ‘bust’ if recession hits

21 hours ago DieselGasoil Comments Off on Oil will go ‘bust’ if recession hits
Oil prices plunged again on Thursday, dragged down by fears of slowing demand. An unexpected increase in inventories underscored the downside risk to oil prices. The EIAreported a drawdown in crude stocks, but a huge 9.25 million barrel combined increase in gasoline and diesel (gasoil) inventories, which surprised traders. Also, gasoline demand plunged by 0.5 mb/d Read More

Ford to lay off around 200 workers at Canadian plant

2 days ago DieselGasoil Comments Off on Ford to lay off around 200 workers at Canadian plant
TORONTO (Reuters) – Ford Motor Co (F.N) will lay off about approximately 200 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs in January, the company said on Friday. FILE PHOTO: The logo of Ford is seen on a 2020 Ford Explorer car at Ford’s Chicago Assembly Read More

Wall Street falls as Fed signals smaller rate cut

2 days ago DieselGasoil Comments Off on Wall Street falls as Fed signals smaller rate cut
NEW YORK (Reuters) – Wall Street’s main indexes fell on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of the month. Traders walk on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid Read More