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170 migrants feared dead in Mediterranean sinkings

16 hours ago DieselGasoil Comments Off on 170 migrants feared dead in Mediterranean sinkings
Up to 170 migrants are feared dead after two accidents in which dinghies sank in the Mediterranean after leaving North Africa for Europe. One of the vessels capsized off Libya after departing the country on Thursday, prompting the Italian navy to stage a rescue operation. But Flavio Di Giacomo, a spokesman for the International Organisation Read More

Economic boom for whom? Keiser Report examines America’s disappearing middle class

19 hours ago DieselGasoil Comments Off on Economic boom for whom? Keiser Report examines America’s disappearing middle class
The US economy is booming – but fewer and fewer are reaping the benefits. The Keiser Report crunched the numbers behind America’s dwindling middle class, and warned that the country’s young are in for a rough, debt-ridden future. As Democrats and Republicans squabble over who deserves credit for the thriving stock market, the sobering reality Read More

Oil hits 2-month high as China truce signals brighter outlook

2 days ago DieselGasoil Comments Off on Oil hits 2-month high as China truce signals brighter outlook
By Alex Nussbaum on 1/18/2019 Photo: Shanghai. NEW YORK (Bloomberg) — Oil prices climbed to a two-month high as China was said to offer a trillion-dollar buying spree to defuse trade tensions with the world’s biggest economy. Futures climbed 3.3% in New York to cap the third straight weekly increase. Bloomberg News reported China proposed Read More

Netflix shares fall as weak forecast dampens investor optimism

2 days ago DieselGasoil Comments Off on Netflix shares fall as weak forecast dampens investor optimism
(Reuters) – Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter. The video streaming pioneer’s shortfall in revenue expectations disappointed investors looking for a bigger payoff from the company’s recent decision to raise prices Read More

From jail, crime bosses blow up bridges and set petrol stations on fire

2 days ago DieselGasoil Comments Off on From jail, crime bosses blow up bridges and set petrol stations on fire
Petrol stations set alight, bridges blown up and police stations torched are just a few of the ways crime bosses in Brazil are flexing their muscles from within the confines of their prison walls. The recent orders of destruction from the powerful inmates came after authorities led a crackdown on living conditions for those behind Read More

Tiffany holiday sales fall as dollar crimps Chinese tourists' spending

2 days ago DieselGasoil Comments Off on Tiffany holiday sales fall as dollar crimps Chinese tourists' spending
(Reuters) – Tiffany & Co (TIF.N) tempered its yearly profit forecast on Friday after the luxury jeweler’s holiday sales fell unexpectedly as Chinese tourists spent less globally due to a stronger dollar and demand softened in Europe and at home. FILE PHOTO: Festive lights decorate the Tiffany & Co store on New Bond Street in Read More

Take Five: World markets themes for the week ahead

2 days ago DieselGasoil Comments Off on Take Five: World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. REUTERS/Brendan McDermid SHOULD I STAY OR SHOULD I Read More

Wall Street rally builds on trade optimism

2 days ago DieselGasoil Comments Off on Wall Street rally builds on trade optimism
(Reuters) – Technology and industrial stocks powered Wall Street’s rise on Friday, setting the three main indexes on track for their fourth week of gains, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in Read More

Industrials power Wall Street higher on trade optimism

2 days ago DieselGasoil Comments Off on Industrials power Wall Street higher on trade optimism
(Reuters) – Gains in technology and industrial stocks put Wall Street on track for their fourth week of gains on Friday, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January Read More

Netflix shares slip as weak forecast dampens investor optimism

3 days ago DieselGasoil Comments Off on Netflix shares slip as weak forecast dampens investor optimism
(Reuters) – Shares of Netflix Inc fell more than 2 percent on Friday, as several investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson/File Read More