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Musk's lawyers call tweet in SEC's contempt bid 'not material'

3 hours ago DieselGasoil Comments Off on Musk's lawyers call tweet in SEC's contempt bid 'not material'
FILE PHOTO: SpaceX founder Elon Musk looks on at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. REUTERS/Mike Blake NEW YORK (Reuters) – Read More

U.S. Treasuries signal trouble, stocks fall after weak data

7 hours ago DieselGasoil Comments Off on U.S. Treasuries signal trouble, stocks fall after weak data
NEW YORK (Reuters) – Stocks around the world fell and U.S. Treasuries yields sent out warning signs of a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March Read More

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

10 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

CNOOC reports 2018 reserves, producton, profit increase

10 hours ago DieselGasoil Comments Off on CNOOC reports 2018 reserves, producton, profit increase
3/22/2019 Photo: CNOOC. HONG KONG — CNOOC Limited has announced its 2018 annual results for the year ended December 31, 2018. In 2018, CNOOC Limited expanded its oil and gas reserves and production at a steady pace, strengthened its cost control and achieved remarkable results. Total net oil and gas production of the company achieved Read More

U.S. existing home sales surge, boosted by Fed's signal on rates

11 hours ago DieselGasoil Comments Off on U.S. existing home sales surge, boosted by Fed's signal on rates
WASHINGTON (Reuters) – U.S. home sales surged in February to their highest level in 11 months, a sign that a pause in interest rate hikes by the Federal Reserve was starting to boost the U.S. economy. FILE PHOTO: An existing home for sale is seen in Silver Spring, Maryland February 21, 2014. REUTERS/Gary Cameron The Read More

Nike shares dip on North America weakness but Wall Street remains upbeat

12 hours ago DieselGasoil Comments Off on Nike shares dip on North America weakness but Wall Street remains upbeat
(Reuters) – Shares of Nike Inc fell 4 percent on Friday after the sportswear maker’s North America sales fell short of estimates for the first time in a year, but Wall Street analysts seemed more enthused about its new products and online growth. FILE PHOTO: Nike shoes are seen on display in New York, U.S., Read More

Sky Solar Holdings, Ltd. Announces Extension of Time to Cure Deficiency

12 hours ago DieselGasoil Comments Off on Sky Solar Holdings, Ltd. Announces Extension of Time to Cure Deficiency
HONG KONG, March 22, 2019 (GLOBE NEWSWIRE) — Sky Solar Holdings, Ltd. (NASDAQ: SKYS) (“Sky Solar” or the “Company”), a global developer, owner and operator of solar parks, today announced it received a letter from Nasdaq notifying the Company that it has been provided an additional 180 calendar day period, or until September 16, 2019, Read More

More shale, who cares? Saudi Arabia pushes for at least $70 oil

13 hours ago DieselGasoil Comments Off on More shale, who cares? Saudi Arabia pushes for at least $70 oil
DUBAI/LONDON (Reuters) – Budget needs are forcing Saudi Arabia to push for oil prices of at least $70 per barrel this year, industry sources say, even though U.S. shale oil producers could benefit and Riyadh’s share of global crude markets might be further eroded. FILE PHOTO: U.S. President Donald Trump welcomes Saudi Arabia’s Crown Prince Read More

Uber 'picks New York Stock Exchange' for stock listing

15 hours ago DieselGasoil Comments Off on Uber 'picks New York Stock Exchange' for stock listing
Ride-hailing firm Uber will list on the New York Stock Exchange, according to reports, in one of the most anticipated stock debuts of the year. The decision to opt for the Wall Street exchange over the tech-heavy Nasdaq was first reported by Bloomberg, citing sources. It comes as smaller, ride-sharing rival Lyft prepares to list Read More

UPS eyes in-home health services with U.S. vaccine project

20 hours ago DieselGasoil Comments Off on UPS eyes in-home health services with U.S. vaccine project
LOUISVILLE, Ky. – United Parcel Service Inc wants to get beyond U.S. doorsteps with a new push into healthcare. Chris Cassidy, who leads United Parcel Service’s (UPS) global healthcare logistics strategy, is seen at the package delivery firm’s Worldport sorting facility in Louisville, Kentucky, U.S., February 5, 2019. Picture taken February 5, 2019. REUTERS/Lisa Baertlein Read More