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Wall St. rises as Huawei reprieve boosts tech shares

3 days ago DieselGasoil Comments Off on Wall St. rises as Huawei reprieve boosts tech shares
NEW YORK (Reuters) – Shares of technology companies helped lift Wall Street on Tuesday after the United States temporarily eased curbs on China’s Huawei Technologies Co Ltd, alleviating investor concerns about pressure on future corporate results in the sector. U.S. President Donald Trump added Huawei to a trade blacklist last week, leading several companies to Read More

Wall Street mixed as strong consumer data dampened by trade jitters

7 days ago DieselGasoil Comments Off on Wall Street mixed as strong consumer data dampened by trade jitters
NEW YORK (Reuters) – Wall Street struggled for gains in an up-and-down session on Friday as mixed headlines on trade dampened positive consumer sentiment data, sending investors into the weekend with little enthusiasm. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

U.S., European shares strengthen after Trump auto-tariff delay

1 week ago DieselGasoil Comments Off on U.S., European shares strengthen after Trump auto-tariff delay
NEW YORK (Reuters) – U.S. and European stock indexes erased losses and turned positive on Wednesday after news that U.S. President Donald Trump planned to delay tariffs on auto imports, outweighing earlier pressure on equities and government bond yields caused by weak U.S. and Chinese economic data. FILE PHOTO: The London Stock Exchange Group offices Read More

Google to push new ads on its apps to snare shoppers

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SAN FRANCISCO (Reuters) – Alphabet Inc’s Google will begin featuring ads on the homepage of its smartphone app worldwide later this year, as the search engine expands its advertising real estate to boost revenue from mobile shoppers. Google said on Tuesday it will also start placing ads with image galleries in search results and show Read More

Google to show ads on homepage of app

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SAN FRANCISCO (Reuters) – Alphabet Inc’s Google will begin featuring ads on the homepage of its smartphone app worldwide later this year, it said on Tuesday, giving the search engine a huge new supply of ad slots to boost revenue. FILE PHOTO: An illuminated Google logo is seen inside an office building in Zurich, Switzerland Read More

Chinese ‘humanitarian aid’ cargo plane spotted landing in Venezuela – reports

2 weeks ago DieselGasoil Comments Off on Chinese ‘humanitarian aid’ cargo plane spotted landing in Venezuela – reports
China has sent another shipment of humanitarian aid to Venezuela, reports claim, as flight tracker data and footage from the ground show a cargo plane landed. Beijing sent tons of medicine to the sanctions-hit country in April. The Suparna Airlines (formerly Yangtze River Express) flight reportedly left Shanghai on Monday, making a stopover in Madrid Read More

Germany’s Thyssenkrupp agrees restructuring approach with labor leaders

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DUESSELDORF (Reuters) – Management and labor leaders at Germany’s Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs. FILE PHOTO: Guido Kerkhoff, CEO of steelmaker Thyssenkrupp AG, speaks during the annual shareholders meeting in Bochum, Germany, February 1, 2019. Read More

Thyssenkrupp agrees restructuring approach with labor leaders

2 weeks ago DieselGasoil Comments Off on Thyssenkrupp agrees restructuring approach with labor leaders
DUESSELDORF (Reuters) – Management and labor leaders at Germany’s Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs. FILE PHOTO: Guido Kerkhoff, CEO of steelmaker Thyssenkrupp AG, speaks during the annual shareholders meeting in Bochum, Germany, February 1, 2019. Read More

Wall St. snaps losing streak after Trump’s upbeat trade comments

2 weeks ago DieselGasoil Comments Off on Wall St. snaps losing streak after Trump’s upbeat trade comments
NEW YORK (Reuters) – U.S. stocks rebounded from early losses on Friday to snap a four-day losing streak after U.S. President Donald Trump and Treasury Secretary Steven Mnuchin said trade talks between the United States and China were “constructive.” The benchmark S&P 500 index had dropped as much as 1.6% but rebounded from its session Read More