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Global growth rebound hopes hit by weak factory data

19 hours ago DieselGasoil Comments Off on Global growth rebound hopes hit by weak factory data
LONDON/TOKYO (Reuters) – Manufacturers in Europe, Japan and the United States suffered in March as surveys showed trade tensions had left their mark on factory output, a setback for hopes the global economy might be turning the corner on its slowdown. FILE PHOTO: A worker is seen at a factory at the Keihin industrial zone Read More

ClearStream Announces Fourth Quarter and Annual 2018 Financial Results

1 day ago DieselGasoil Comments Off on ClearStream Announces Fourth Quarter and Annual 2018 Financial Results
CALGARY, Alberta, March 22, 2019 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) today announced its results for the three and twelve months ended December 31, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the “Non-IFRS measures” section of this release for a description of Read More

Wall Street rises as Apple, tech shares climb

2 days ago DieselGasoil Comments Off on Wall Street rises as Apple, tech shares climb
NEW YORK (Reuters) – An Apple-led tech rally pushed Wall Street higher on Thursday as jitters over the Federal Reserve’s forecast of an economic slowdown were calmed by upbeat economic data. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. REUTERS/Brendan McDermid All Read More

Wall Street powers world stocks; Brexit weighs on sterling

2 days ago DieselGasoil Comments Off on Wall Street powers world stocks; Brexit weighs on sterling
NEW YORK (Reuters) – A measure of stocks across the globe rose in a volatile session on Thursday, led by gains on Wall Street, while the dollar rallied as traders continued to digest the Federal Reserve’s uber-dovish stance. Sterling tumbled, down 0.93 percent versus the U.S. dollar, as concern grew alongside the probability of a Read More

Despite closures, U.S. nuclear electricity generation in 2018 surpassed its previous peak

2 days ago DieselGasoil Comments Off on Despite closures, U.S. nuclear electricity generation in 2018 surpassed its previous peak
March 21, 2019 Electricity generation from U.S. nuclear power plants totaled 807.1 million megawatthours (MWh) in 2018, slightly more than the previous peak of 807.0 million MWh in 2010, based on preliminary annual data. Although several nuclear power plants have closed since 2010, a combination of added capacity through uprates and shorter refueling and maintenance Read More

Covia Announces Fourth Quarter and Full Year 2018 Results

2 days ago DieselGasoil Comments Off on Covia Announces Fourth Quarter and Full Year 2018 Results
Fourth quarter 2018 volumes of 7.8 million tons; full year 2018 pro forma volumes of 35.2 million tons Fourth quarter 2018 revenues of $441 million; full year 2018 pro forma revenues of $2.3 billion Fourth quarter 2018 net loss from continuing operations of $48.1 million; full year 2018 pro forma net loss from continuing operations Read More

China's nationwide pollution readings rise 5 percent in January-February

2 days ago DieselGasoil Comments Off on China's nationwide pollution readings rise 5 percent in January-February
SHANGHAI (Reuters) – China’s average concentrations of lung-damaging particles known as PM2.5 rose by 5.2 percent in the first two months of the year, the environment ministry said on Thursday, casting doubt over the country’s ability to meet winter targets. People are seen in a traditional alleyway, or Hutong, on a polluted day in central Read More

BMW plans to cut costs after warning on profits

3 days ago DieselGasoil Comments Off on BMW plans to cut costs after warning on profits
MUNICH (Reuters) – BMW expects group pretax profit to fall by more than 10 percent this year and plans a sweeping 12 billion euro ($13.6 billion) savings and efficiency plan to help offset higher technology investment and currency costs. The German carmaker last week reported a 7.9 percent fall in 2018 operating profit and said Read More

BMW delivers 2019 profit warning and plan to cut costs by 12 bln euros

3 days ago DieselGasoil Comments Off on BMW delivers 2019 profit warning and plan to cut costs by 12 bln euros
MUNICH (Reuters) – BMW expects group pretax profit to fall by more than 10 percent this year, it said on Wednesday as it announced a sweeping 12 billion euro ($13.6 bln) savings and efficiency plan to help offset higher technology investment and currency costs. FILE PHOTO: The BMW logo is seen on the wheel of Read More