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Canada vows ‘full steam ahead’ on ratifying trade pact after U.S. lifts metals tariffs

9 hours ago DieselGasoil Comments Off on Canada vows ‘full steam ahead’ on ratifying trade pact after U.S. lifts metals tariffs
OTTAWA (Reuters) – Canada will move quickly to ratify the new North American trade pact, Foreign Minister Chrystia Freeland said on Saturday, a day after the United States agreed to lift tariffs on Canadian steel and aluminum. FILE PHOTO: Canada’s Foreign Minister Chrystia Freeland takes part in a bilateral meeting with U.S. Secretary of State Read More

Canada vows ‘full steam ahead’ on ratifying trade pact after US lifts metals tariffs

16 hours ago DieselGasoil Comments Off on Canada vows ‘full steam ahead’ on ratifying trade pact after US lifts metals tariffs
OTTAWA (Reuters) – Canada will move quickly to ratify the new North American trade pact, Foreign Minister Chrystia Freeland said on Saturday, a day after the United States agreed to lift tariffs on Canadian steel and aluminum. FILE PHOTO: Canada’s Foreign Minister Chrystia Freeland takes part in a bilateral meeting with U.S. Secretary of State Read More

Exclusive: Saudi’s Falih says sees no oil shortage, but OPEC to act if needed

19 hours ago DieselGasoil Comments Off on Exclusive: Saudi’s Falih says sees no oil shortage, but OPEC to act if needed
JEDDAH, Saudi Arabia (Reuters) – Saudi Arabia’s Energy Minister Khalid al-Falih said on Saturday that he saw no oil supply shortage as global oil inventories are still rising, particularly from the United States, but OPEC will be responsive to the oil market’s needs. Saudi Minister of Energy Khalid al-Falih speaks during financial sector conference in Read More

US warns airliners about risks of flying over Persian Gulf

20 hours ago DieselGasoil Comments Off on US warns airliners about risks of flying over Persian Gulf
US diplomats have warned that US air carriers and commercial operators flying over the Persian Gulf face a risk from being “misidentified” as tensions between US and Iran continue to escalate. The warning relayed on Saturday by officials in Kuwait and the UAE came from a Federal Aviation Administration (FAA) Notice to pilots published on Read More

Iran changes tactics, destinations on oil exports, maritime official says

20 hours ago DieselGasoil Comments Off on Iran changes tactics, destinations on oil exports, maritime official says
FILE PHOTO: Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005. REUTERS/Raheb Homavandi/File Photo (Reuters) – Iran has adopted new tactics and new destinations in shipping its oil exports following the re-imposition of U.S. sanctions, a senior Iranian maritime official Read More

Facebook forms Swiss fintech firm with payments focus

21 hours ago DieselGasoil Comments Off on Facebook forms Swiss fintech firm with payments focus
FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File Photo ZURICH (Reuters) – Facebook has set up a new financial technology company in Switzerland focusing on blockchain and payments as well as data analytics and investing, Geneva’s commercial register Read More

Italy central bank to spurn firms that don’t go green

24 hours ago DieselGasoil Comments Off on Italy central bank to spurn firms that don’t go green
FILE PHOTO: Banca D’Italia (Bank of Italy) sign is seen in downtown Rome, Italy, October 19, 2018. REUTERS/Alessandro Bianchi ROME (Reuters) – The Bank of Italy plans to adopt investment criteria which reward companies that take action on climate change, joining other central banks, commercial banks and fund managers in ratcheting up pressure on boardrooms Read More

Weekly Economic Release Summary: Flirting With A Slowly Growing Economy

1 day ago DieselGasoil Comments Off on Weekly Economic Release Summary: Flirting With A Slowly Growing Economy
Sea container imports continue to indicate a weak (but possibly improving) U.S. economy. On the other hand, the rate of growth for export containers improved this month – with year-over-year growth (comparing April 2018 to April 2019) deep in expansion. Export growth generally correlates with the global economy. Read More

Russian vodka, chocolate & wine in demand … in Argentina?

1 day ago DieselGasoil Comments Off on Russian vodka, chocolate & wine in demand … in Argentina?
Products made in Russia, such as wine, vodka and chocolate, could be in high demand on the shelves of Argentinean shops, said a member of the Chamber of Deputies of the National Congress of Argentina, Carlos Gaston Roma. “Russian wine has a different flavor … If you go to a wine boutique in Argentina, you Read More

Pigs may complicate US-China trade negotiations

1 day ago DieselGasoil Comments Off on Pigs may complicate US-China trade negotiations
By Ganesh Rao, business reporter The decline in pig numbers in China could make trade negotiations with the US more complicated, according to new research. A sharp decline in China’s pig population due to an epidemic of African swine fever has reduced the amount of animal feed imported from the United States, according to an Read More