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Villagers kill woman, injure 4 others in WITCH HUNT lynching in India

5 hours ago DieselGasoil Comments Off on Villagers kill woman, injure 4 others in WITCH HUNT lynching in India
After several people fell ill in West Bengal, locals found no better explanation than witchcraft, leading to a mob lynching that killed one woman and left four others injured. Police had to call in backup to rescue the survivors. An angry mob dragged five women before a kangaroo court in the village of Ishwarpur in Read More

New Zealand mosque attacker charged with murder

3 days ago DieselGasoil Comments Off on New Zealand mosque attacker charged with murder
Australian-born Brenton Tarrant has been formally charged with murder in a shooting rampage that left 49 people dead in two New Zealand mosques. Police said more charges will be filed against him. Three more people are in custody. Brenton Harrison Tarrant, a 28-year-old Australian man, was charged with murder over the Christchurch massacre during a Read More

Equity funds see biggest weekly inflows in a year: BAML

3 days ago DieselGasoil Comments Off on Equity funds see biggest weekly inflows in a year: BAML
LONDON (Reuters) – Investors plowed $14.2 billion into global equity funds this week, the largest amount in a year as investors jumped on to 2019’s stock market rally, Bank of America Merrill Lynch said on Friday, citing flow data provider EPFR. An index of global stocks is up more than 16 percent since the end Read More

HK suspends UBS sponsor license, fines it and others $100 million for IPO failures

4 days ago DieselGasoil Comments Off on HK suspends UBS sponsor license, fines it and others $100 million for IPO failures
HONG KONG (Reuters) – Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for a year, while fining it and rivals including Morgan Stanley a combined $100 million for due diligence failures on a series of IPOs. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Read More

Husky Energy Prices $750 Million US Offering of Senior Unsecured Notes

5 days ago DieselGasoil Comments Off on Husky Energy Prices $750 Million US Offering of Senior Unsecured Notes
CALGARY, Alberta, March 13, 2019 (GLOBE NEWSWIRE) — Husky Energy (TSX: HSE) has priced a $750 million US offering of senior unsecured notes. The notes will bear annual interest at a rate of 4.400 percent and mature on April 15, 2029. Husky intends to use the net proceeds of this offering for general corporate purposes, Read More

Wells Fargo CEO avoids major stumble at heated congressional hearing

6 days ago DieselGasoil Comments Off on Wells Fargo CEO avoids major stumble at heated congressional hearing
WASHINGTON (Reuters) – Democratic and Republican lawmakers on Tuesday pressed Wells Fargo & Co Chief Executive Tim Sloan for proof the bank has put a string of consumer abuse scandals behind it at a tense congressional hearing that saw Sloan firmly on the defensive. Wells Fargo’s CEO Tim Sloan is sworn in before testifying in Read More

Oil edges up on OPEC's supply cuts, but U.S. surge caps gains

7 days ago DieselGasoil Comments Off on Oil edges up on OPEC's supply cuts, but U.S. surge caps gains
SINGAPORE (Reuters) – Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC, although the gains were capped by the ongoing surge in U.S. supply while analysts warned of risks to the global economy. FILE PHOTO: Drilling rigs are parked up in the Cromarty Firth near Invergordon, Scotland, Read More

Wall Street snaps five-day losing streak despite Boeing's drop

1 week ago DieselGasoil Comments Off on Wall Street snaps five-day losing streak despite Boeing's drop
NEW YORK (Reuters) – U.S. stocks jumped on Monday as the technology sector led a broad-based rebound following five straight sessions of losses, but a fall in Boeing’s shares limited the Dow’s advance after a deadly airline crash in Ethiopia. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, Read More

Oil gains over 1 percent as Saudi stands by OPEC output cuts

1 week ago DieselGasoil Comments Off on Oil gains over 1 percent as Saudi stands by OPEC output cuts
NEW YORK (Reuters) – Oil prices rose more than 1 percent on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June. FILE PHOTO: An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. REUTERS/Ernest Scheyder/File Read More

Levi Strauss seeks $6.2 billion valuation in market return

1 week ago DieselGasoil Comments Off on Levi Strauss seeks $6.2 billion valuation in market return
(Reuters) – Levi Strauss & Co said on Monday it expects to raise as much as $587 million through an initial public offering (IPO), giving it a value of up to $6.17 billion as the jeans maker returns to the market after three decades. FILE PHOTO: The label of a Levi’s denim jacket of U.S. Read More