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Japan business mood steady but outlook sours: BOJ tankan

2 days ago DieselGasoil Comments Off on Japan business mood steady but outlook sours: BOJ tankan
TOKYO (Reuters) – Confidence among Japan’s big firms remained unchanged from three months ago, a closely-watched central bank survey showed, but sentiment on the outlook soured for the first time in three quarters as trade frictions and global growth concerns hurt the business mood. FILE PHOTO – A worker cycles near a factory at the Read More

Highlights: Draghi comments at ECB press conference

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FRANKFURT, Dec 13 (Reuters) – The European Central Bank decided on Thursday to end its lavish asset purchase scheme but otherwise kept policy broadly unchanged, promising protracted stimulus for an economy struggling with an unexpected slowdown and political turmoil. Following are highlights of ECB President Mario Draghi’s comments at a press conference after the bank’s Read More

Brazil 'miracle' healer faces arrest in sex probe

3 days ago DieselGasoil Comments Off on Brazil 'miracle' healer faces arrest in sex probe
A self-proclaimed faith healer is being investigated by police after more than 200 women have accused him of sexual abuse. Joao Teixeira de Faria, who uses the name Joao de Deus in his practice and is known as “John of God”, became a celebrity after appearing on a show hosted by Oprah Winfrey in 2013. Read More

Deloitte, Oil and Gas UK: Trust, technology, transformation key to re-energizing collaboration

3 days ago DieselGasoil Comments Off on Deloitte, Oil and Gas UK: Trust, technology, transformation key to re-energizing collaboration
12/12/2018 LONDON — The oil and gas industry’s drive to increase collaboration between suppliers and operators in the UK Continental Shelf (UKCS) has continued to maintain a consistent performance. This is according to an annual survey published by Deloitte and Oil & Gas UK which includes the Collaboration Index, measuring the effectiveness of companies as Read More

Zara owner Inditex profit falls short of estimates

4 days ago DieselGasoil Comments Off on Zara owner Inditex profit falls short of estimates
MADRID (Reuters) – Zara owner Inditex (ITX.MC) reported third-quarter profit below analysts’ expectations on Wednesday due to currency effects, but the world’s largest clothing retailer, maintained sales and margin guidance for the rest of the year. FILE PHOTO: Men walk by an Inditex logo at the entrance of a Zara factory, the headquarters of Inditex Read More

Zara owner Inditex reports 4 percent profit growth

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FILE PHOTO: Men walk by an Inditex logo at the entrance of a Zara factory, the headquarters of Inditex group, in Arteixo, northern Spain, March 9, 2016. REUTERS/Miguel Vidal MADRID (Reuters) – Zara owner Inditex (ITX.MC) on Wednesday reported net profit of 2.4 billion euros ($2.7 billion) for the first nine months of its financial Read More

Trade war hostage? Trump ready to ‘intervene’ in Huawei CFO case if it helps close deal with China

4 days ago DieselGasoil Comments Off on Trade war hostage? Trump ready to ‘intervene’ in Huawei CFO case if it helps close deal with China
US President Trump said he might intervene on behalf of Huawei CFO if it benefits US trade interests with China. Meng Wanzhou, whose bail includes strict conditions, faces extradition to the US and up to 30 years in prison. “If I think it’s good for what will certainly be the largest trade deal ever made Read More

Canada sets $7.5mn bail for Huawei CFO with strict surveillance conditions, curfew & ankle bracelet

4 days ago DieselGasoil Comments Off on Canada sets $7.5mn bail for Huawei CFO with strict surveillance conditions, curfew & ankle bracelet
A Canadian judge has granted bail to Huawei CFO Meng Wanzhou, arrested 10 days ago in Vancouver. She faces “multiple criminal charges” carrying up to 30 years’ prison sentence if extradited to the US. Meng’s bail, already steep at C$10 million including C$7.5 million cash, also included five sureties or guarantors. She is required to Read More

North American Construction Group Announces 5-Year Term Contract in the Oil Sands

5 days ago DieselGasoil Comments Off on North American Construction Group Announces 5-Year Term Contract in the Oil Sands
ACHESON, Alberta, Dec. 10, 2018 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced a long-term extension to a key Multiple Use Agreement with a major earthworks customer.  The three-year extension takes the existing expiration date of December 2020 to December 2023. As part of this additional term, the Read More