newszine

Take Five: Take it easy, central banks – World markets themes for the week ahead

22 hours ago DieselGasoil Comments Off on Take Five: Take it easy, central banks – 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: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis 1/ TAKE IT EASY With the U.S. Federal Reserve well Read More

Indian rupee goes from worst to best-performing currency in Asia

1 day ago DieselGasoil Comments Off on Indian rupee goes from worst to best-performing currency in Asia
It took just five weeks for India’s national currency to flip from worst to best performing currency in Asia. The rupee soared past its emerging market peers, bolstered by a weakened US dollar and a surge in foreign stock inflows. Since the start of February, the rupee has gone from levels above 71 against the Read More

Australia's Myer department stores to stop selling Apple products

1 day ago DieselGasoil Comments Off on Australia's Myer department stores to stop selling Apple products
Signs for one of Australia’s Myer Holdings Ltd’s retail stores is seen on the outside of the building in central Sydney, Australia, February 19, 2018. REUTERS/David Gray MELBOURNE (Reuters) – Australia’s largest department store operator Myer will stop selling “unprofitable” Apple Inc products as part of its drive to focus on higher-margin items, Myer Holdings 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

Macro Enterprises Inc. Announces 2018 Fourth Quarter and Year End Results

2 days ago DieselGasoil Comments Off on Macro Enterprises Inc. Announces 2018 Fourth Quarter and Year End Results
FORT ST. JOHN, British Columbia, March 21, 2019 (GLOBE NEWSWIRE) —   Summary of financial results   (thousands of dollars except per share amounts)   Three months ended December 31 Year ended December 31   2018 2017 2018 2017   (unaudited)              Revenues $ 137,595 $ 26,897   $ 191,060 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

Biogen scraps two Alzheimer drug trials, wipes $18 billion from market value

2 days ago DieselGasoil Comments Off on Biogen scraps two Alzheimer drug trials, wipes $18 billion from market value
CHICAGO/TOKYO (Reuters) – Biogen Inc and partner Eisai Co Ltd are ending two late-stage trials of their experimental Alzheimer’s disease drug aducanumab, a major setback in the quest to find a treatment for the mind-wasting disease and a blow to Biogen, which lost more than $18 billion of its value on Thursday. Experts had seen Read More

S&P Global Ratings revises Landsvirkjun’s rating outlook from stable to positive on improved financial position

2 days ago DieselGasoil Comments Off on S&P Global Ratings revises Landsvirkjun’s rating outlook from stable to positive on improved financial position
S&P Global Ratings has revised its outlook on Landsvirkjun to positive from stable and affirmed ‘BBB/A-2’ long- and short-term corporate credit ratings with and without the state guarantee. According to S&P Global Ratings, the revised outlook is based on the positive trend in the operations of Landsvirkjun, including increased financial strength and decreased market risk. Read More

Russian diamonds fetch millions in Hong Kong

2 days ago DieselGasoil Comments Off on Russian diamonds fetch millions in Hong Kong
The world’s leading diamond mining company Alrosa has sold more than a hundred of its rough and polished diamonds in Hong Kong. Total sales from the auction reached $10.5 million, according to the Russian miner. The company reportedly auctioned special size rough diamonds weighing over 10.8 carats and sold 101 gemstones with a total weight Read More

7 things to know before the bell

2 days ago DieselGasoil Comments Off on 7 things to know before the bell
Click chart for more in-depth data. 1. The race to driverless cars: SoftBank (SFTBF) and Toyota (TM) are forming a joint venture that will use driverless-car technology to offer new services, such as mobile convenience stores and delivery vehicles in which food is prepared en route. SoftBank will own just over half of Monet, the Read More