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Ex-President Cristina Kirchner to run for vice president in October

2 days ago DieselGasoil Comments Off on Ex-President Cristina Kirchner to run for vice president in October
Cristina Fernandez de Kirchner will be on the ticket for the presidential election in Argentina, which will be held in October, the former president of the country announced, confirming long-running speculation. Kirchner, who served as Argentina’s head of state for two terms between 2007 and 2015, will be seeking the office of vice president. The Read More

Alta Mesa Resources Provides Operational and Financial Update; Receives NASDAQ Notice Regarding Non-Compliance With Continued Listing Standards; Alta Mesa Holdings Files Form 10-K

3 days ago DieselGasoil Comments Off on Alta Mesa Resources Provides Operational and Financial Update; Receives NASDAQ Notice Regarding Non-Compliance With Continued Listing Standards; Alta Mesa Holdings Files Form 10-K
HOUSTON, Texas, May 17, 2019 (GLOBE NEWSWIRE) — Alta Mesa Resources, Inc. (NASDAQ: AMR, “Alta Mesa” or the “Company”) today provided an operational and financial update for its subsidiaries Alta Mesa Holdings, LP (“Alta Mesa Upstream”) and Kingfisher Midstream, LLC (“Kingfisher Midstream”) and announced that Alta Mesa Upstream has filed its Annual Report on Form Read More

U.S. consumer sentiment robust before escalation of trade war

3 days ago DieselGasoil Comments Off on U.S. consumer sentiment robust before escalation of trade war
WASHINGTON (Reuters) – U.S. consumer sentiment jumped to a 15-year high in early May amid growing confidence over the economy’s outlook, but much of the surge was recorded before an escalation in the trade war between the United States and China, which could hurt activity. Holiday shoppers look at store windows at Henri Bendel store Read More

U.S. recession risk rises as U.S.-China trade tensions heat up: Reuters poll

4 days ago DieselGasoil Comments Off on U.S. recession risk rises as U.S.-China trade tensions heat up: Reuters poll
BENGALURU (Reuters) – Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters, who now put the chances of that happening in the next two years at 40%. FILE PHOTO: A cashier handles money in Macy’s Herald Square in Manhattan, Read More

With inflation elusive, two Fed policymakers lay out a welcome mat

4 days ago DieselGasoil Comments Off on With inflation elusive, two Fed policymakers lay out a welcome mat
SANTA BARBARA, Calif./WASHINGTON (Reuters) – Worried that current low inflation expectations will sap the U.S. central bank’s ability to combat a future downturn, two Federal Reserve officials on Thursday made an unusual pitch: if inflation rises unexpectedly, the Fed should lay out the welcome mat. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is Read More

Fed needs to let inflation rise above 2%, Kashkari says

4 days ago DieselGasoil Comments Off on Fed needs to let inflation rise above 2%, Kashkari says
SANTA BARBARA, Calif. (Reuters) – Low U.S. inflation expectations are sapping the Federal Reserve’s ability to respond to a future downturn, Minneapolis Fed President Neel Kashkari said Thursday, calling for the Fed to allow inflation to rise above 2% to bring the economy back to full strength. President of the Federal Reserve Bank on Minneapolis Read More

Explainer: Why Zimbabwe faces worst power cuts in three years

4 days ago DieselGasoil Comments Off on Explainer: Why Zimbabwe faces worst power cuts in three years
HARARE (Reuters) – Zimbabwe is experiencing its worst power cuts in three years, lasting up to 10 hours daily in some areas and threatening mining output in one of the world’s biggest platinum and gold producers. FILE PHOTO: Student Rutendo Madziva reads by candlelight during an electrical power cut in Marondera, Zimbabwe, May 14, 2019. Read More

Shawcor Ltd. Announces First Quarter 2019 Results

6 days ago DieselGasoil Comments Off on Shawcor Ltd. Announces First Quarter 2019 Results
First quarter 2019 revenue was $350 million, a decrease of 1% from the $354 million reported in the fourth quarter of 2018 and in line with the $351 million reported in the first quarter of 2018. Adjusted EBITDA1 in the first quarter of 2019 was $28 million, which reflects a positive impact from the adoption Read More

Fed’s Williams says tariffs boost U.S. inflation, weigh on growth

6 days ago DieselGasoil Comments Off on Fed’s Williams says tariffs boost U.S. inflation, weigh on growth
FILE PHOTO: John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York in the Manhattan borough of New York, U.S., March 6, 2019. REUTERS/Lucas Jackson/File Photo ZURICH (Reuters) – Tariffs imposed by President Donald Trump on Chinese goods in the escalating trade war Read More

Fed’s Williams says tariffs boost U.S. inflation

6 days ago DieselGasoil Comments Off on Fed’s Williams says tariffs boost U.S. inflation
FILE PHOTO: John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York in the Manhattan borough of New York, U.S., March 6, 2019. REUTERS/Lucas Jackson/File Photo ZURICH (Reuters) – Tariffs imposed by President Donald Trump on Chinese goods in the escalating trade war Read More