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Strong Economic Data

2 days ago DieselGasoil Comments Off on Strong Economic Data
Initial Jobless Claims 160 remained very strong indicating continued robust domestic employment 216K new claims last week is in the middle of the 200 225K range we ve seen over the past few years This is higher than the downwardly revised 208K from the previous week and lower than the Read More

Weather woes hit French vineyards: wine production seen falling this year

2 days ago DieselGasoil Comments Off on Weather woes hit French vineyards: wine production seen falling this year
PARIS (Reuters) – Wine output in France, the world’s second largest producer, may fall by as much as 13% this year after vineyards were hit by adverse weather including hail, frost and a record-breaking heatwave, the farm ministry said on Friday. FILE PHOTO: Bottles of red wine are displayed at Chateau Lamothe-Bergeron (Haut-Medoc Label) in Read More

AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar

2 days ago DieselGasoil Comments Off on AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar
BRUSSELS/LONDON (Reuters) – Anheuser-Busch InBev (ABI.BR), the world’s largest brewer, is selling its Australian operations to Japan’s Asahi (2502.T) for $11 billion and could revive the stalled flotation of its Asian business as it looks to cut debt. FILE PHOTO: The logo of Anheuser-Busch InBev is pictured inside the brewer’s headquarters in Leuven, Belgium, Feb. Read More

Exclusive: WeWork to host Wall Street analyst day in IPO push – sources

2 days ago DieselGasoil Comments Off on Exclusive: WeWork to host Wall Street analyst day in IPO push – sources
NEW YORK (Reuters) – The We Company, parent of flexible workspace operator WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company steps up its preparations for an initial public offering (IPO), people familiar with the matter said. FILE PHOTO: The WeWork logo is displayed outside of a Read More

Pulse Seismic Inc. Reports Q2 2019 Results

2 days ago DieselGasoil Comments Off on Pulse Seismic Inc. Reports Q2 2019 Results
CALGARY, Alberta, July 18, 2019 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or “the Company”) is pleased to report its financial and operating results for the three and six months ended June 30, 2019. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR (www.sedar.com) and will Read More

Boeing takes $4.9 billion charge for prolonged grounding of 737 MAX planes

2 days ago DieselGasoil Comments Off on Boeing takes $4.9 billion charge for prolonged grounding of 737 MAX planes
SEATTLE (Reuters) – Boeing Co (BA.N) said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger planes after two deadly crashes. FILE PHOTO: The company logo for Boeing is displayed on a screen on the floor Read More

Evercore set to lose out as Aramco reshuffles IPO roles: sources

3 days ago DieselGasoil Comments Off on Evercore set to lose out as Aramco reshuffles IPO roles: sources
LONDON/DUBAI (Reuters) – Boutique investment bank Evercore Partners has lost the chance to retain a prime position as an independent advisor for Saudi Aramco’s potential $100 billion share sale, as the oil giant revives its postponed listing, three sources said. FILE PHOTO: Flames are seen at the production facility of Saudi Aramco’s Shaybah oilfield in Read More

Fujairah port says ‘flexible approach’ needed for IMO 2020

3 days ago DieselGasoil Comments Off on Fujairah port says ‘flexible approach’ needed for IMO 2020
Dubai — The Middle East marine bunkering hub of Fujairah said a “flexible approach” will be required in the run-up to the International Maritime Organization’s new sulfur fuel cap as it allocated four berths to compliant fuels. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The port’s initial step Read More

Boeing to make $50 million in payments to 737 MAX crash victims’ families

3 days ago DieselGasoil Comments Off on Boeing to make $50 million in payments to 737 MAX crash victims’ families
WASHINGTON (Reuters) – Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with veteran U.S. compensation expert Ken Feinberg hired by the world’s largest plane maker to oversee the distribution. The announcement Read More

Andrew Left’s Citron Capital posted net return of 24.7% in 1st half of 2019

4 days ago DieselGasoil Comments Off on Andrew Left’s Citron Capital posted net return of 24.7% in 1st half of 2019
(Reuters) – Andrew Left’s Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund’s website Wednesday, but said “it has been an extraordinarily challenging environment to be a short seller.” Citron said in the letter that the firm Read More