newszine

US destroyer enters Black Sea ‘to support regional partners’, Russia sends ship to ‘monitor’

9 hours ago DieselGasoil Comments Off on US destroyer enters Black Sea ‘to support regional partners’, Russia sends ship to ‘monitor’
The destroyer USS Donald Cook has entered the Black Sea less than two weeks after another US Navy vessel was deployed there. Moscow says it will watch the actions of the US ship closely. The Arleigh Burke-class guided-missile destroyer was sent to the Black Sea to “conduct maritime security operations and enhance regional maritime stability,” Read More

Tencent weighing bid for holding company behind Korea's Nexon: sources

10 hours ago DieselGasoil Comments Off on Tencent weighing bid for holding company behind Korea's Nexon: sources
HONG KONG/SEOUL (Reuters) – Chinese gaming titan Tencent Holdings Ltd is considering a bid for the holding company that controls South Korean gaming company Nexon, two sources with knowledge of the matter told Reuters. Logo of Tencent is displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu Tencent is looking Read More

Explainer: How U.S.-China talks differ from any other trade deal

1 day ago DieselGasoil Comments Off on Explainer: How U.S.-China talks differ from any other trade deal
WASHINGTON (Reuters) – The trade deal that U.S. negotiators are seeking with China may have more in common with a sanctions-monitoring regime than a traditional trade pact. FILE PHOTO: A woman walks past a bench painted in the colours of the U.S. flag outside a clothing store in Beijing, China January 7, 2019. REUTERS/Thomas Peter Read More

LJM Partners sues unnamed 'manipulators' it blames for volatility losses

1 day ago DieselGasoil Comments Off on LJM Partners sues unnamed 'manipulators' it blames for volatility losses
NEW YORK (Reuters) – LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year’s jump in stock market volatility that effectively put the fund manager out of business. LJM invested in complex derivatives that lost most of their value over Read More

Luxury online reseller The RealReal in talks with banks for IPO: sources

1 day ago DieselGasoil Comments Off on Luxury online reseller The RealReal in talks with banks for IPO: sources
FILE PHOTO: Luxury handbags for sale are displayed at The RealReal shop, a seven-year-old online reseller of luxury items on consignment in the Soho section of Manhattan, in New York City, New York, U.S., May 18, 2018. REUTERS/Mike Segar (Reuters) – U.S. online luxury reseller The RealReal Inc is talking to investment banks about the Read More

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

1 day 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

Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2018 Fourth Quarter and Full Year Financial Results

1 day ago DieselGasoil Comments Off on Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2018 Fourth Quarter and Full Year Financial Results
HOUSTON, Jan. 18, 2019 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) is scheduled to release its 2018 fourth quarter and full year earnings on February 8, 2019. Interested parties are invited to listen to the conference call on the 2018 fourth quarter and full year financial results. About Buckeye Partners, L.P. Buckeye Partners, Read More

Russia warns US against arms race on Earth & space after missile defense plans revealed

1 day ago DieselGasoil Comments Off on Russia warns US against arms race on Earth & space after missile defense plans revealed
US rejection of any limitations on missile defense programs and readiness to weaponize space has drawn a blunt reaction from Moscow, with the Russian Foreign Ministry warning Washington not to restart the Cold War-era arms race. Describing the US Missile Defense Review (MDR) published Thursday as “openly confrontational,” the Russian Foreign Ministry said the document Read More

Buckeye Partners, L.P. Announces Closing of Sale of Its Equity Interest In VTTI B.V.

2 days ago DieselGasoil Comments Off on Buckeye Partners, L.P. Announces Closing of Sale of Its Equity Interest In VTTI B.V.
HOUSTON, Jan. 18, 2019 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that it completed the sale of its equity interest in VTTI B.V. (“VTTI”) to Vitol Investment Partnership II Ltd and IFM Investors for cash proceeds of $975 million.  The proceeds from the sale will be used to pay down debt. Read More