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France is the 'sick man of Europe' while Poland is its 'bright spot', says Polish foreign minister

55 mins ago DieselGasoil Comments Off on France is the 'sick man of Europe' while Poland is its 'bright spot', says Polish foreign minister
France is the new “sick man of Europe,” the Foreign Minister of Poland has said, citing Yellow Vest unrest and the recent jihadist attack in Strasbourg. Poland, on the other hand, is a “bright spot” of the continent. he said. France’s problems are hurting the whole region, Jacek Czaputowicz told TV channel Polsat News on Read More

Oil closes below $50 for first time in one year as glut fears grow

1 hour ago DieselGasoil Comments Off on Oil closes below $50 for first time in one year as glut fears grow
By Alex Nussbaum on 12/17/2018 Photo: OPEC flag. NEW YORK (Bloomberg) — OPEC has its work cut out to persuade the market that its output caps will stabilize oil prices — and U.S. producers aren’t helping. Crude settled below $50/bbl in New York on Monday for the first time in more than a year and Read More

Wall Street's main small-cap index drops into bear market

1 hour ago DieselGasoil Comments Off on Wall Street's main small-cap index drops into bear market
SAN FRANCISCO (Reuters) – Wall Street’s most widely followed benchmark of small-cap stocks tumbled into a bear market on Monday as investors grew more worried about slower profit growth and rising interest rates. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid The Read More

EU agrees deal to cut greenhouse emissions from cars

3 hours ago DieselGasoil Comments Off on EU agrees deal to cut greenhouse emissions from cars
BRUSSELS (Reuters) – The European Union agreed on Monday to a goal of cutting carbon emissions from cars by 37.5 percent in a decade, finally settling differences between vehicle-producing countries and environmentally-conscious lawmakers. FILE PHOTO: A car produces smoke from its exhaust as it pulls away in Guernica October 29,2007. REUTERS/Vincent West (SPAIN) The 28-nation Read More

Russia hysteria in West has become dangerous & an insult to the masses – analyst to RT

3 hours ago DieselGasoil Comments Off on Russia hysteria in West has become dangerous & an insult to the masses – analyst to RT
As media organizations and Paris try to link the Yellow Vest rallies to Moscow, analysts tell RT that the demonstrations have nothing to do with Russia, and suggesting otherwise is an insult to the protesters and their cause. Speaking to RT just one day after leaked messages revealed that a BBC journalist tried to find Read More

More US weapons to Ukraine will only make conflict worse – Russian lawmakers

4 hours ago DieselGasoil Comments Off on More US weapons to Ukraine will only make conflict worse – Russian lawmakers
Additional and “ongoing” US weapons deliveries to Kiev would escalate tensions and undermine efforts for peace in Ukraine, Russian officials said after US special envoy Kurt Volker announced such plans, along with more sanctions. “Moving through Congress is a military financing package of around $250 million and the ability to sell additional equipment,” Volker told Read More

Global stocks dip as 'Santa Claus rally' elusive, oil rises

5 hours ago DieselGasoil Comments Off on Global stocks dip as 'Santa Claus rally' elusive, oil rises
NEW YORK (Reuters) – Broad stock declines in Europe and the United States dragged world equity markets lower on Monday, adding to a sell-off that has sent global stocks near 17-month lows. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid The MSCI Read More

Embraer's net proceeds from Boeing deal the same, despite higher price

5 hours ago DieselGasoil Comments Off on Embraer's net proceeds from Boeing deal the same, despite higher price
SAO PAULO (Reuters) – Brazil’s Embraer SA will receive the same net proceeds from a deal to sell 80 percent of its commercial jet unit to Boeing Co, even though the U.S. aircraft maker increased the enterprise value which includes debt by 11 percent. FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen Read More

Nissan CEO calls on Renault to listen to detail of Ghosn allegations

7 hours ago DieselGasoil Comments Off on Nissan CEO calls on Renault to listen to detail of Ghosn allegations
YOKOHAMA (Reuters) – Nissan Motor’s CEO called on directors at alliance partner Renault to heed its reasons for sacking former Chairman Carlos Ghosn over alleged financial misconduct amid tensions over how to handle the fallout from his arrest. Renault’s interim chairman Philippe Lagayette said on Friday that its board had not considered replacing Ghosn, who Read More

Retailers, health stocks lead Wall Street lower; banks help ease pain

7 hours ago DieselGasoil Comments Off on Retailers, health stocks lead Wall Street lower; banks help ease pain
(Reuters) – Wall Street dropped on Monday, but recovered from a slide of over 1 percent, weighed down by an Amazon-led drop in retailers and weakness in Health stocks, with gains in banks ahead of a widely expected rate hike limiting losses. Traders work on the floor of the New York Stock Exchange (NYSE) in Read More