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Wall Street gains as earnings season gathers steam

51 mins ago DieselGasoil Comments Off on Wall Street gains as earnings season gathers steam
(Reuters) – U.S. stocks rose on Monday, lifted by technology companies, as investors eyed fresh U.S.-China trade developments during a busy week of corporate earnings with results from marquee names including Facebook and Amazon on tap. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. Read More

Iran oil stacking up in Chinese ports adds to market uncertainty

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7/22/2019 BEIJING -Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer. Two and a half months after the White House banned the purchase of Iran’s oil, the nation’s crude is continuing to be sent to Read More

UK’s Jersey Oil & Gas advances Buchan revamp with new blocks

1 hour ago DieselGasoil Comments Off on UK’s Jersey Oil & Gas advances Buchan revamp with new blocks
Highlights Plan combines Verbier and legacy Buchan field Equinor has option to join in Buchan project First oil output targeted in 2024 London — The UK regulator on Monday awarded independent Jersey Oil & Gas license blocks in the North Sea that could enable a redevelopment of the defunct Buchan oil field and nearby finds. Read More

Equifax to pay up to $700 million in U.S. data breach settlement

2 hours ago DieselGasoil Comments Off on Equifax to pay up to $700 million in U.S. data breach settlement
FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday. The Read More

Oil prices rise more than 1% after Iran seizes British tanker

3 hours ago DieselGasoil Comments Off on Oil prices rise more than 1% after Iran seizes British tanker
LONDON (Reuters) – Oil prices rose on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf. FILE PHOTO: An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS/Christian Hartmann/File Photo Brent crude futures climbed 79 cents, or Read More

Wall St. set to open higher as earnings season gathers steam

3 hours ago DieselGasoil Comments Off on Wall St. set to open higher as earnings season gathers steam
(Reuters) – Wall Street’s main indexes were set to open higher on Monday as investors eyed fresh trade developments between the United States and China during a busy week of corporate earnings, with results from marquee names including Facebook and Amazon on tap. Traders work on the floor at the New York Stock Exchange (NYSE) Read More

Equifax to pay up to $650 million in data breach settlement

4 hours ago DieselGasoil Comments Off on Equifax to pay up to $650 million in data breach settlement
FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell WASHINGTON (Reuters) – Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday. Read More

Stocks struggle, oil jumps on Middle East tensions

4 hours ago DieselGasoil Comments Off on Stocks struggle, oil jumps on Middle East tensions
LONDON (Reuters) – European stocks lingered on Monday, hamstrung by dialled-down expectations for a larger U.S. rate cut this month, while escalating tensions in the Middle East boosted oil prices and rising fears for a no-deal Brexit haunted the pound. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange Read More

Stena Impero: How tensions reached this point and what happens next

5 hours ago DieselGasoil Comments Off on Stena Impero: How tensions reached this point and what happens next
Tensions between the UK and Iran show no sign of easing thanks to the latest drama in the Gulf, which saw a British-flagged oil tanker seized by Tehran as it sailed through the Strait of Hormuz. Prime Minister Theresa May will chair what should be her final Cobra emergency committee meeting to formulate a response, Read More

Bayer could benefit from home advantage in St. Louis Roundup cancer trial: experts

5 hours ago DieselGasoil Comments Off on Bayer could benefit from home advantage in St. Louis Roundup cancer trial: experts
ST. LOUIS (Reuters) – Bayer AG (BAYGn.DE), facing an upcoming trial in St. Louis over allegations that its Roundup weed killer causes cancer, has recruited Missouri-based expert witnesses to make its case in a place where it has century-old roots but where juries often hit companies with huge damages. FILE PHOTO: The logo of Bayer Read More