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Europe 5G network buildout to trigger deals, won't bust capex budgets

39 mins ago DieselGasoil Comments Off on Europe 5G network buildout to trigger deals, won't bust capex budgets
BARCELONA (Reuters) – The launch of fifth-generation mobile services across Europe looks set to trigger a wave of infrastructure deals as telecoms companies seek ways to upgrade their networks without busting their strained capital budgets. People speak before the first demonstration of the technology 5G in Lisbon, Portugal June 4, 2018. Picture taken June 4, Read More

‘Migrant tsunami’: Tijuana mayor threatens to deport US-bound migrants amid tensions & clashes

1 hour ago DieselGasoil Comments Off on ‘Migrant tsunami’: Tijuana mayor threatens to deport US-bound migrants amid tensions & clashes
The arrival of growing crowds of migrants to Tijuana has led to increased tensions and clashes with locals, with the mayor warning that those who disturb the “tranquility and security” of his city will be deported. The arrival of the first members of the caravan to Tijuana triggered an anti-migrant backlash in the Mexican border Read More

Dollar, U.S. yields slide on Fed official rate talk

6 hours ago DieselGasoil Comments Off on Dollar, U.S. yields slide on Fed official rate talk
NEW YORK (Reuters) – The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said U.S. interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism over U.S.-China trade ties. Traders work on the floor of the New York Read More

'Yemen war can end if world acts now'

6 hours ago DieselGasoil Comments Off on 'Yemen war can end if world acts now'
The world must act now to end the war in Yemen and save millions of people from the brink of famine, the man who is trying to broker a peace deal has told Sky News. Martin Griffiths, the United Nations special envoy for Yemen, said in an exclusive interview that the way ahead would be Read More

CIA 'says Saudi prince ordered Khashoggi killing'

7 hours ago DieselGasoil Comments Off on CIA 'says Saudi prince ordered Khashoggi killing'
The CIA says Saudi Crown Prince Mohammed bin Salman ordered the assassination of Jamal Khashoggi, according to a US official. Officials had high confidence in the CIA’s findings, which link the prince to the killing of the journalist and prominent critic of the Saudi regime, according to the Washington Post. Riyadh’s ambassador to US – Read More

Too little, too late? Merkel comes to Chemnitz to ease ethnic tensions, but faces mass protest

7 hours ago DieselGasoil Comments Off on Too little, too late? Merkel comes to Chemnitz to ease ethnic tensions, but faces mass protest
German Chancellor Angela Merkel finally visited the eastern German city of Chemnitz, more than two months after massive right-wing protests there. However, twenty times as many people came to protest against her than to see her. In late August, the city of Chemnitz witnessed a surge of anti-immigrant sentiment after the fatal stabbing of a Read More

Regulator 'stunned and terrified' after causing PG&E stock surge

8 hours ago DieselGasoil Comments Off on Regulator 'stunned and terrified' after causing PG&E stock surge
(Reuters) – The chief of California’s top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E (PCG.N) caused the embattled power utility’s stock to surge over 40 percent in a matter of minutes. Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Read More

PG&E shares rebound as regulator soothes bankruptcy fear

10 hours ago DieselGasoil Comments Off on PG&E shares rebound as regulator soothes bankruptcy fear
Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Paradise, California, U.S., November 14, 2018. REUTERS/Terray Sylvester (Reuters) – The head of California’s top utilities regulator said on Friday that utilities must be able to borrow money cheaply in order to properly serve ratepayers, affirming comments about PG&E Read More

Oil edges up in volatile session but falls for sixth straight week

10 hours ago DieselGasoil Comments Off on Oil edges up in volatile session but falls for sixth straight week
NEW YORK (Reuters) – Oil ended slightly firmer after volatile trading on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output next month, though prices fell for the sixth straight week amid global oversupply concerns. FILE PHOTO: A worker checks the valve of an oil pipe at Read More

Dollar falls as Fed officials ring note of caution, pound bounces

11 hours ago DieselGasoil Comments Off on Dollar falls as Fed officials ring note of caution, pound bounces
NEW YORK (Reuters) – The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal. British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas Read More