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Investors eye holiday sales for market salve

19 hours ago DieselGasoil Comments Off on Investors eye holiday sales for market salve
NEW YORK (Reuters) – Investors will get a glimpse of consumer Health next week as the holiday shopping season gets under way with Black Friday sales, and a solid start could help equities steady after several tumultuous weeks. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Read More

Russia isn’t interested in joining new OPEC-led oil output cuts

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Russia prefers to stay out of any fresh oil production cuts led by OPEC’s leader Saudi Arabia, Reuters reported, quoting two high-ranking Russian sources. Russia—which together with Saudi Arabia and some Arab Gulf producers has been raising production since June to offset Iranian losses—saw its oil production set a new post-Soviet record high of 11.41 million bpd Read More

German transport minister wants to welcome Uber, others by 2021

1 day ago DieselGasoil Comments Off on German transport minister wants to welcome Uber, others by 2021
FILE PHOTO: German Transport Minister Andreas Scheuer addresses a news conference in Berlin, Germany, November 8, 2018. REUTERS/Fabrizio Bensch BERLIN (Reuters) – Transport Minister Andreas Scheuer wants to open the German market to car pooling services offered by Uber and other companies by 2021, Focus magazine reported Saturday. Scheuer told Focus in an interview that Read More

European chipmakers see new growth drivers to weather volatile demand

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BARCELONA (Reuters) – European chipmakers tried to play down market concerns about a potential slowdown in global demand at an investor conference in Barcelona this week, striking an upbeat tone on orders from car and smartphone makers. Recent price falls due to weaker demand for memory chips and a build-up of inventory levels have led Read More

Europe 5G network buildout to trigger deals, won't bust capex budgets

1 day ago DieselGasoil Comments Off on Europe 5G network buildout to trigger deals, won't bust capex budgets
BARCELONA (Reuters) – The launch of fifth-generation mobile services across Europe looks set to trigger a wave of infrastructure deals as telecoms companies seek ways to upgrade their networks without busting their strained capital budgets. People speak before the first demonstration of the technology 5G in Lisbon, Portugal June 4, 2018. Picture taken June 4, Read More

Digital media company Technicolor explores options including sale: sources

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LONDON/NEW YORK (Reuters) – Technicolor SA has been exploring options that include a full or partial sale of the French digital media company, as its set-top box business struggles because of higher prices for memory chips, people familiar with the matter said on Friday. A deal would represent the biggest shakeup for the company, based Read More

Saturn Oil & Gas Inc. Closes $4.0 Million Private Placement Co-Led by Canaccord Genuity and Gravitas Securities

1 day ago DieselGasoil Comments Off on Saturn Oil & Gas Inc. Closes $4.0 Million Private Placement Co-Led by Canaccord Genuity and Gravitas Securities
SASKATOON, Saskatchewan, Nov. 16, 2018 (GLOBE NEWSWIRE) — Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) is pleased to announce that it has completed the previously announced (see news release dated October 24, 2018) brokered private placement of common share units (the “Units”) and flow-through common shares (the “Flow-Through Shares”). Read More

Dollar, U.S. yields slide on Fed official rate talk

2 days ago DieselGasoil Comments Off on Dollar, U.S. yields slide on Fed official rate talk
NEW YORK (Reuters) – The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said U.S. interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism over U.S.-China trade ties. Traders work on the floor of the New York Read More

S&P 500 buybacks set another quarterly record: S&P Dow Jones

2 days ago DieselGasoil Comments Off on S&P 500 buybacks set another quarterly record: S&P Dow Jones
NEW YORK (Reuters) – S&P 500 companies have set another record in share repurchases in the third quarter and look on track to break above $200 billion in buybacks for the quarter, according to an S&P Dow Jones Indices analysis. Even with more earnings reports to come for the third quarter, buybacks by S&P 500 Read More

S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq

2 days ago DieselGasoil Comments Off on S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq
NEW YORK (Reuters) – The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp (NVDA.O) dragged down the Nasdaq. All three indexes had been lower in early trade as an underwhelming outlook Read More