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UPS profit hurt by severe weather, issues disappointing outlook for second quarter; shares sink

45 mins ago DieselGasoil Comments Off on UPS profit hurt by severe weather, issues disappointing outlook for second quarter; shares sink
(Reuters) – United Parcel Service Inc said it saw signs of softening in the U.S. economy and issued a disappointing second-quarter profit forecast, sending shares down 7 percent even as it promised a strong end to the year. FILE PHOTO: Vehicles of United Parcel Service are seen at the new package sorting and delivery UPS Read More

After years serving CEOs, Goldman’s Ayco also wants other workers

45 mins ago DieselGasoil Comments Off on After years serving CEOs, Goldman’s Ayco also wants other workers
NEW YORK (Reuters) – Goldman Sachs Group Inc is expanding a financial advisory service for top executives to target millions of other affluent employees at some of the biggest U.S. companies, as it seeks to build its retail and wealth management businesses. FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed Read More

China seeks to allay fears over Belt and Road debt risks

2 hours ago DieselGasoil Comments Off on China seeks to allay fears over Belt and Road debt risks
BEIJING (Reuters) – China aims to make the Belt and Road initiative sustainable and prevent debt risks, its finance minister said on Thursday, seeking to allay criticism that the infrastructure plan to boost trade and investment creates a heavy burden for some nations. Chinese President Xi Jinping meets with Belarusian President Alexander Lukashenko during the Read More

World stocks slip as growth fears linger; euro slides

3 hours ago DieselGasoil Comments Off on World stocks slip as growth fears linger; euro slides
NEW YORK (Reuters) – The dollar rose on Thursday, hitting the highest in almost two years against the euro on an upbeat U.S. capital goods report, while a gauge of world equity markets slid as weak economic data from South Korea and a profit warning from 3M Co renewed concerns about global growth. FILE PHOTO: Read More

Emerson’s downhold reservoir network first to connect wireless sandface data to upper completion

4 hours ago DieselGasoil Comments Off on Emerson’s downhold reservoir network first to connect wireless sandface data to upper completion
4/25/2019 Photo: Emerson Intelligent Multistage Completion Network (IMCN). STAVANGER — Emerson, in partnership with Metrol, a leader in battery-powered wireless well monitoring, has launched the Intelligent Multistage Completion Network – an integrated upper and lower completions downhole solution that communicates wirelessly with instruments at the reservoir sandface, the physical interface between the formation and the Read More

Goldman Sachs, Bank of England and Treasury targeted by climate activists in London

4 hours ago DieselGasoil Comments Off on Goldman Sachs, Bank of England and Treasury targeted by climate activists in London
LONDON (Reuters) – More than 300 environmental activists sowed chaos through London’s financial district on Thursday, gluing themselves to the stock exchange and blocking roads outside the Bank of England and major banks such as Goldman Sachs. The Extinction Rebellion group has spent 11 days disrupting London in a bid to force Britain to act Read More

German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse

5 hours ago DieselGasoil Comments Off on German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse
FRANKFURT (Reuters) – German hopes of creating a national banking champion able to challenge global competitors were dashed on Thursday when Deutsche Bank and Commerzbank ended merger talks due to the risks of doing a deal, restructuring costs and capital demands. Germany’s two largest banks announced that nearly six weeks of high-level negotiations about a Read More

Russian oil imports to Europe halted due to contamination

6 hours ago DieselGasoil Comments Off on Russian oil imports to Europe halted due to contamination
By Aliaksandr Kudrytski and Maciej Martewicz on 4/25/2019 MINSK and WARSAW (Bloomberg) — Russian oil flows to parts of Europe were halted after customers complained of unusual impurities in the crude, adding another disruption to the global oil market and pushing prices in London above $75/bbl. Poland, which receives oil through a northern section of Read More

UPS profit misses estimates on severe U.S. winter

7 hours ago DieselGasoil Comments Off on UPS profit misses estimates on severe U.S. winter
FILE PHOTO: Vehicles of United Parcel Service are seen at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry, southern Paris, France, June 26, 2018. REUTERS/Charles Platiau (Reuters) – United Parcel Service Inc on Thursday blamed harsh winter weather in the United States as it reported a lower-than-expected first-quarter profit, sending the Read More

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution

7 hours ago DieselGasoil Comments Off on GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution
Monaco, April 25, 2019 (GLOBE NEWSWIRE) — GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended March 31, 2019. Highlights ·Announced and, post quarter-end, completed the acquisition of the GasLog Glasgow from GasLog Read More