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Banks losing battle to be no-deal Brexit ready

4 weeks ago DieselGasoil Comments Off on Banks losing battle to be no-deal Brexit ready
LONDON (Reuters) – Major banks are still not ready for a ‘no-deal’ Brexit as they grapple with delays in licenses for new European Union businesses, staffing problems and snags in redrafting contracts. Pro-Brexit demonstrators protest opposite Downing Street, London, Britain, February 14, 2019. REUTERS/Simon Dawson Despite thousands of staff working on preparations for more than two Read More

EU starts natural gas price war Trump and Putin will love

1 month ago DieselGasoil Comments Off on EU starts natural gas price war Trump and Putin will love
By Mathew Carr on 2/17/2019 Photo: Yamal LNG, Total. LONDON (Bloomberg) — The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the U.S. to increase sales to the region. The battle won’t brutalize earnings too much because gas supply is just so Read More

Darkening 'global economic skies' pull stocks lower

1 month ago DieselGasoil Comments Off on Darkening 'global economic skies' pull stocks lower
LONDON (Reuters) – Global stocks fell for a third straight day on Friday, and were set for their first weekly loss in seven, as investors worried about a broadening global economic slowdown and the lack of any sign of a resolution to the U.S.-China trade row. Safe-haven government bonds benefited, with the German 10-year bund Read More

World share index set for weekly loss as 'economic skies darken'

1 month ago DieselGasoil Comments Off on World share index set for weekly loss as 'economic skies darken'
LONDON (Reuters) – Global shares fell for a third straight day on Friday and were set to post their first weekly loss in seven, as investors worried about a broadening global economic slowdown and the lack of any sign of a resolution to the U.S.-China trade row. FILE PHOTO – An investor sits in front Read More

Asia stocks ease on anxiety over trade, growth risks

1 month ago DieselGasoil Comments Off on Asia stocks ease on anxiety over trade, growth risks
TOKYO (Reuters) – Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row. FILE PHOTO – An investor sits in front of displays showing stock information at a brokerage office in Read More

Asia stocks fall on renewed anxiety over trade, growth risks

1 month ago DieselGasoil Comments Off on Asia stocks fall on renewed anxiety over trade, growth risks
TOKYO (Reuters) – Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row. FILE PHOTO – An investor sits in front of displays showing stock information at a brokerage office in Read More

Medicare Part D no match for runaway specialty drug costs: study

1 month ago DieselGasoil Comments Off on Medicare Part D no match for runaway specialty drug costs: study
CHICAGO (Reuters) – When Medicare prescription drug insurance was created in 2003, the idea that beneficiaries with very high drug costs should pick up 5 percent of the tab seemed reasonable – but that was well before specialty drugs were invented that carry price tags in the tens of thousands of dollars. FILE PHOTO: A Read More

Exclusive: Facing crackdown in Canada, drugmakers offered billions in price cuts

1 month ago DieselGasoil Comments Off on Exclusive: Facing crackdown in Canada, drugmakers offered billions in price cuts
TORONTO (Reuters) – Canadian Pharmaceutical industry lobby groups, in an effort to head off a planned crackdown on prescription drug prices, offered to give up C$8.6 billion ($6.6 billion) in revenue over 10 years, freeze prices or reduce the cost of treating rare diseases, according to interviews and documents seen by Reuters. FILE PHOTO: A Read More

Snap names Lara Sweet as interim CFO

2 months ago DieselGasoil Comments Off on Snap names Lara Sweet as interim CFO
FILE PHOTO – Pedestrians walk past the front of the New York Stock Exchange (NYSE) with a Snap Inc. logo hung on the front of it shortly before the company’s IPO in New York, U.S., March 2, 2017. REUTERS/Lucas Jackson (Reuters) – Snap Inc on Monday named its Chief Accounting Officer Lara Sweet as interim Read More

Exclusive: MoneyGram exploring options, including potential sale – sources

2 months ago DieselGasoil Comments Off on Exclusive: MoneyGram exploring options, including potential sale – sources
(Reuters) – MoneyGram International Inc is exploring strategic alternatives, including a sale of the money transfer company, a year after a U.S. government panel nixed its $1.2 billion sale to China’s Ant Financial, people familiar with the matter said on Friday. FILE PHOTO – The MoneyGram logo is seen on a kiosk in New York, Read More