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Trump says having dinner Friday with Apple CEO Cook

51 mins ago DieselGasoil Comments Off on Trump says having dinner Friday with Apple CEO Cook
FILE PHOTO: Apple CEO Tim Cook laughs with U.S. President Donald Trump as the news media leave the room after the two men spoke while participating in an American Workforce Policy Advisory Board meeting in the White House State Dining Room in Washington, U.S., March 6, 2019. REUTERS/Leah Millis (Reuters) – U.S. President Donald Trump Read More

Court leaves PG&E with sole right to submit bankruptcy plan

51 mins ago DieselGasoil Comments Off on Court leaves PG&E with sole right to submit bankruptcy plan
FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage (Reuters) – A federal judge on Friday allowed PG&E Corp to retain the sole rights to propose a plan to exit bankruptcy, as he rejected efforts by investors to put forward competing Read More

Take Five: Fed in a hole

2 hours ago DieselGasoil Comments Off on Take Five: Fed in a hole
(Reuters) – FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis 1/FED IN A HOLE On Wednesday, the U.S. Federal Reserve releases the minutes of its last meeting, revealing what policymakers said about the flattening Treasury yield curve and the strength of support for July’s Read More

US unseals warrant to seize Iranian Grace 1 tanker released in Gibraltar

2 hours ago DieselGasoil Comments Off on US unseals warrant to seize Iranian Grace 1 tanker released in Gibraltar
The US has ordered the seizure of newly-freed Iranian oil tanker Grace 1, charging the ship with illegally using the US financial system to sell oil to Syria to support the IRGC after Gibraltar released the vessel. The Justice Department has unsealed a warrant ordering the seizure and forfeiture of the Iranian tanker, all of Read More

Canada awards multi-billion contract to General Dynamics as election looms

4 hours ago DieselGasoil Comments Off on Canada awards multi-billion contract to General Dynamics as election looms
FILE PHOTO: The General Dynamics Land Systems – Canada factory is seen in London, Ontario, Canada October 23, 2018. REUTERS/Chris Helgren OTTAWA (Reuters) – Canada on Friday announced a multi-billion dollar contract with General Dynamics Corp for equipment that will be manufactured in a region where the ruling Liberals need to do well in an Read More

Amazon.com defeats IRS appeal in U.S. tax dispute

5 hours ago DieselGasoil Comments Off on Amazon.com defeats IRS appeal in U.S. tax dispute
(Reuters) – Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary. FILE PHOTO: An Amazon package is seen after being delivered in London, Britain February 29, 2016. REUTERS/Toby Melville/Files In Read More

Denmark sees resolution soon to EU rift on 2050 climate goal

9 hours ago DieselGasoil Comments Off on Denmark sees resolution soon to EU rift on 2050 climate goal
COPENHAGEN (Reuters) – The new energy and climate minister of Denmark, a frontrunner in fighting climate change, said on Friday he was confident fellow EU countries would soon agree to go carbon-neutral by 2050 despite resistance in the east of the bloc. Denmark’s Climate and Energy Minister Dan Jorgensen speaks during an interview in Copenhagen, Read More

Hong Kong banks say threat of massive cash withdrawals by protesters won’t cause problems

10 hours ago DieselGasoil Comments Off on Hong Kong banks say threat of massive cash withdrawals by protesters won’t cause problems
Banks in Hong Kong say they can cope with a sudden increase in demand for cash after reported calls by protesters to take out and convert their money to dollars in a bid to put pressure on the local authorities. After several weeks of chaos in the streets and a shutdown of the city’s airport, Read More

Trade tensions and a weaker yuan drive Chinese crypto demand, market players say

13 hours ago DieselGasoil Comments Off on Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
LONDON/NEW YORK (Reuters) – Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said. FILE PHOTO: Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China’s flag Read More

Stocks gain on stimulus hopes but still head for third losing week

13 hours ago DieselGasoil Comments Off on Stocks gain on stimulus hopes but still head for third losing week
LONDON (Reuters) – World stocks rose on Friday as expectations grew of further stimulus by central banks, offsetting worries about slowing economic growth, which intensified this week as the U.S. yield curve inverted for the first time since 2007. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Read More