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Bunge and BP team up for Brazil sugar and ethanol venture

1 hour ago DieselGasoil Comments Off on Bunge and BP team up for Brazil sugar and ethanol venture
SAO PAULO (Reuters) – U.S. commodities trader Bunge Ltd (BG.N) and British energy company BP Plc (BP.L) said on Monday they will merge their Brazilian sugar and ethanol operations to create the world’s third-largest sugarcane processor. FILE PHOTO: The logo of BP is seen at a petrol station in Kloten, Switzerland October 3, 2017. REUTERS/Arnd Read More

Crew seen in first pictures from inside UK-flagged oil tanker seized by Iran

3 hours ago DieselGasoil Comments Off on Crew seen in first pictures from inside UK-flagged oil tanker seized by Iran
The crew of a British-flagged oil tanker seized by Iran in the Gulf have been pictured inside the vessel for the first time since armed soldiers took control. Some of the 23 personnel stationed aboard the Stena Impero are seen working in the kitchen and assembled around a table, while others are visible near the Read More

Wall St. set to open higher as earnings season gathers steam

4 hours ago DieselGasoil Comments Off on Wall St. set to open higher as earnings season gathers steam
(Reuters) – Wall Street’s main indexes were set to open higher on Monday as investors eyed fresh trade developments between the United States and China during a busy week of corporate earnings, with results from marquee names including Facebook and Amazon on tap. Traders work on the floor at the New York Stock Exchange (NYSE) Read More

TerraForm Power to Acquire Large-Scale U.S. Distributed Generation Platform

5 hours ago DieselGasoil Comments Off on TerraForm Power to Acquire Large-Scale U.S. Distributed Generation Platform
Investment Highlights Acquisition is expected to add ~320 megawatts of distributed generation assets in 20 states and in the District of Columbia Expected to grow TerraForm Power’s distributed generation portfolio to ~750 megawatts, making it one of the largest distributed generation businesses in the United States Portfolio consists of recently constructed assets that have an Read More

Stocks struggle, oil jumps on Middle East tensions

5 hours ago DieselGasoil Comments Off on Stocks struggle, oil jumps on Middle East tensions
LONDON (Reuters) – European stocks lingered on Monday, hamstrung by dialled-down expectations for a larger U.S. rate cut this month, while escalating tensions in the Middle East boosted oil prices and rising fears for a no-deal Brexit haunted the pound. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange Read More

‘Grave aggression’: Israel begins demolition of residential buildings in the West Bank

5 hours ago DieselGasoil Comments Off on ‘Grave aggression’: Israel begins demolition of residential buildings in the West Bank
Israel has started demolishing 13 residential buildings in East Jerusalem’s Wadi Hummus for being too close to the separation barrier, even though the area falls under the Palestinian Authority’s administration. Israel Defense Force soldiers were seen placing explosives in a building set for demolition after they arrived before dawn. Public Security Minister Gilad Erdan said Read More

Europe stocks gain; oil jumps on Middle East tensions

7 hours ago DieselGasoil Comments Off on Europe stocks gain; oil jumps on Middle East tensions
LONDON (Reuters) – European stocks struggled higher on Monday, shrugging off dialed-down expectations for a big U.S. rate cut this month, while escalating tensions in the Middle East boosted safe-haven assets and oil prices. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 19, 2019. Read More

France asks EU for early farm aid to help drought-hit farmers

8 hours ago DieselGasoil Comments Off on France asks EU for early farm aid to help drought-hit farmers
FILE PHOTO: A corn field affected by drought is pictured in Montbert near Nantes, France July 16, 2019. REUTERS/Stephane Mahe/File Photo PARIS (Reuters) – France will ask the European Commission to bring forward the payment of 1 billion euros ($1.12 billion) of subsidies to help farmers cope with a hot spell that hurt crops and Read More

Asia stocks fall on likely smaller Fed rate cut, pricier oil

10 hours ago DieselGasoil Comments Off on Asia stocks fall on likely smaller Fed rate cut, pricier oil
TOKYO (Reuters) – Asia stocks fell on Monday as investors scaled back expectations of an aggressive Federal Reserve interest rate cut, while crude oil prices rose on heightened Middle East tensions following Iran’s seizure of a British tanker. FILE PHOTO: Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Read More

Did someone say rate cut? Five questions for the ECB

11 hours ago DieselGasoil Comments Off on Did someone say rate cut? Five questions for the ECB
LONDON (Reuters) – After weeks of speculation that interest rate cuts and another round of asset purchases are on their way, investors hope Thursday’s European Central Bank meeting will give the clearest signal yet of imminent policy easing, if not the details. FILE PHOTO: The logo of the European Central Bank (ECB) is pictured outside Read More