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Exclusive: Deutsche Bank’s problem derivatives cloud recovery – sources

6 hours ago DieselGasoil Comments Off on Exclusive: Deutsche Bank’s problem derivatives cloud recovery – sources
NEW YORK (Reuters) – Deutsche Bank AG’s (DBKGn.DE) turnaround strategy rests in large part on shedding 288 billion euros of unwanted assets. Three bank insiders said it will take years, tying up capital that could have generated income of 500 million euros ($557 million) a year. People walk past a Deutsche Bank office in London, Read More

Earnings and trade optimism push Wall St. toward record high

8 hours ago DieselGasoil Comments Off on Earnings and trade optimism push Wall St. toward record high
(Reuters) – The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies and on optimism the United States would resolve its trade conflict with China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan Read More

Superior Energy Services Announces Second Quarter 2019 Results

8 hours ago DieselGasoil Comments Off on Superior Energy Services Announces Second Quarter 2019 Results
HOUSTON, July 23, 2019 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) today announced a net loss from continuing operations for the second quarter of 2019 of $71.1 million, or $0.46 per share, on revenue of $436.3 million. This compares to a net loss from continuing operations of $47.7 million, or $0.31 per share, Read More

Wall Street approaches record high on earnings optimism

10 hours ago DieselGasoil Comments Off on Wall Street approaches record high on earnings optimism
(Reuters) – The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies, while a debt ceiling and budget deal between President Donald Trump and Congress also buoyed sentiment. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July Read More

Upbeat earnings from Coca-Cola, United Tech lift Wall Street

12 hours ago DieselGasoil Comments Off on Upbeat earnings from Coca-Cola, United Tech lift Wall Street
(Reuters) – U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid Read More

Wall St. boosted by upbeat earnings

13 hours ago DieselGasoil Comments Off on Wall St. boosted by upbeat earnings
(Reuters) – U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid Read More

More than 60 killed, hundreds of thousands displaced by flooding in Bangladesh

13 hours ago DieselGasoil Comments Off on More than 60 killed, hundreds of thousands displaced by flooding in Bangladesh
DHAKA (Reuters) – Severe flooding has killed at least 61 people, displaced nearly 800,000 and inundated thousands of homes across a third of Bangladesh, government officials said on Tuesday, after two weeks of heavy monsoon rains. People cross a flooded road in Jamalpur, Bangladesh, July 22, 2019. REUTERS/Mohammad Ponir Hossain Nearly 3 million people are Read More

Carmakers race higher, Johnson jitters for sterling

16 hours ago DieselGasoil Comments Off on Carmakers race higher, Johnson jitters for sterling
LONDON (Reuters) – A speeding autos sector and hopes for even lower borrowing costs buoyed world stocks on Tuesday, while a brief sterling rally proved short-lived as hard-Brexit advocate Boris Johnson was confirmed as Britain’s new prime minister. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Read More

‘Intellectuals yet idiots’: RT’s Keiser Report tests theory about central bankers

17 hours ago DieselGasoil Comments Off on ‘Intellectuals yet idiots’: RT’s Keiser Report tests theory about central bankers
The use of ultra-low interest rates and bond-buying programs by the world’s major central banks including the ECB, BOJ and the Federal Reserve has pushed the total amount of debt with yields below zero to a record of $13 trillion. RT’s Keiser Report discusses the issue with Chris Martenson ofPeakProsperity.com who says “central bankers are really Read More

Carmakers drive Europe higher, Johnson batters sterling

19 hours ago DieselGasoil Comments Off on Carmakers drive Europe higher, Johnson batters sterling
LONDON (Reuters) – A wave of central bank easing and positive soundings from the earnings season buoyed world stocks on Tuesday, while Britain’s pound fell before the expected confirmation of hard-Brexit advocate Boris Johnson as the country’s prime minister. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Read More