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Carmakers lure ride-hailer, delivery drivers in Africa

7 hours ago DieselGasoil Comments Off on Carmakers lure ride-hailer, delivery drivers in Africa
NAIROBI (Reuters) – At Suzuki Motor Corp’s (7269.T) showroom in the Kenyan capital, hundreds of its Alto compact cars are waiting to be collected. FILE PHOTO: Suzuki cars branded with Uber stickers are seen in a showroom in Nairobi, Kenya, October 30, 2018. REUTERS/Baz Ratner Most of the customers are drivers for ride-hailing company Uber Read More

Strong U.S. economy boosts Walmart's third-quarter sales

8 hours ago DieselGasoil Comments Off on Strong U.S. economy boosts Walmart's third-quarter sales
NEW YORK (Reuters) – Walmart Inc (WMT.N) reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online. FILE PHOTO: A shopper is seen in the aisle of a Walmart store in Woodstock, Georgia, Read More

Apple supplier AMS cuts forecast, indicating poor iPhone demand

12 hours ago DieselGasoil Comments Off on Apple supplier AMS cuts forecast, indicating poor iPhone demand
VIENNA (Reuters) – Austria’s AMS (AMS.S), which makes facial recognition technology, became the latest Apple supplier to cut its revenue forecast, adding to growing evidence that the latest iPhones are not selling well. The logo of the multinational semiconductor manufacturer AMS (Austria Mikro Systeme) is seen during a annual news conference, in Zurich, Switzerland February Read More

Bain Capital Ventures closes $1 billion fund amid venture fund-raising frenzy

21 hours ago DieselGasoil Comments Off on Bain Capital Ventures closes $1 billion fund amid venture fund-raising frenzy
SAN FRANCISCO (Reuters) – Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1 billion fund to invest in startups, adding to a year of big-dollar fund-raising by tech investors. Enrique Salem, managing director at Bain Capital Ventures, in San Francisco, California, U.S., is shown Read More

Amazon picks New York City, Washington D.C. area for new offices

2 days ago DieselGasoil Comments Off on Amazon picks New York City, Washington D.C. area for new offices
SAN FRANCISCO/WASHINGTON (Reuters) – Amazon.com Inc (AMZN.O) picked America’s financial and political capitals for massive new offices on Tuesday, branching out from its home base in Seattle with plans to create more than 25,000 jobs in both New York City and an area just outside Washington, D.C. The world’s largest online retailer plans to spend Read More

Amazon picks New York City, Washington D.C. area for $5 billion new headquarters

2 days ago DieselGasoil Comments Off on Amazon picks New York City, Washington D.C. area for $5 billion new headquarters
SAN FRANCISCO/WASHINGTON (Reuters) – Amazon.com Inc (AMZN.O) picked America’s financial and political capitals for its split new headquarters, saying on Tuesday it will build offices for more than 25,000 people each in New York City and close by Washington, D.C. The world’s largest online retailer plans to spend $5 billion on the two new developments Read More

Amazon picks New York City and Virginia for $5 billion new headquarters

2 days ago DieselGasoil Comments Off on Amazon picks New York City and Virginia for $5 billion new headquarters
SAN FRANCISCO (Reuters) – Amazon.com Inc (AMZN.O) picked America’s financial and political capitals for its split new headquarters, saying on Tuesday it will build offices for more than 25,000 people each in New York City and close by Washington, D.C. FILE PHOTO: A woman pushes a stroller at Gantry Plaza State Park, in Long Island Read More

Amazon picks New York City, Virginia for $5 billion new headquarters

2 days ago DieselGasoil Comments Off on Amazon picks New York City, Virginia for $5 billion new headquarters
SAN FRANCISCO (Reuters) – Amazon.com Inc (AMZN.O) said on Tuesday it will build offices for up to 25,000 people in New York City’s Queens borough and in Northern Virginia, near Washington, D.C., ending a year-long bidding war for a $5 billion second headquarters that will now be split in two. FILE PHOTO: A woman pushes Read More

Trump's steel tariffs create big profits but few new jobs

2 days ago DieselGasoil Comments Off on Trump's steel tariffs create big profits but few new jobs
SEDALIA, Missouri (Reuters) – Nucor Corp, America’s largest steelmaker, planned a new plant in Sedalia, Missouri, long before U.S. President Donald Trump imposed tariffs to protect the industry – and it does not need them to make money. Residents sit on their porch in Sedalia, Missouri, U.S., October 3, 2018. Picture taken October 3, 2018. Read More

Asia's 2019 middle distillate term talks gain clarity after Formosa awards contracts

3 days ago DieselGasoil Comments Off on Asia's 2019 middle distillate term talks gain clarity after Formosa awards contracts
Singapore — South Korean refiners singled out US Eagle Ford condensate as a potentially significant alternative to Iranian South Pars condensate. But uncertainties around quality, a narrow arbitrage window and logistical difficulties remained a major impediment to the grade’s entry into the refiners’ crude oil slate. Not registered? Receive daily email alerts, subscriber notes & Read More