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Huawei takes on Apple’s new iPhone 11 with Mate 30 range

2 hours ago DieselGasoil Comments Off on Huawei takes on Apple’s new iPhone 11 with Mate 30 range
MUNICH (Reuters) – Huawei launched its Mate 30 smartphone range on Thursday in a challenge to Apple’s (AAPL.O) new iPhone 11, saying the Chinese firm’s new devices were more compact, their cameras superior and wraparound screens brighter. Richard Yu, CEO of Huawei’s consumer business group, launches the Mate 30 smartphone range at the Convention Read More

Microsoft nudges S&P 500 toward record high

3 hours ago DieselGasoil Comments Off on Microsoft nudges S&P 500 toward record high
(Reuters) – Microsoft and healthcare companies lifted Wall Street on Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid Microsoft Read More

France persuades Germany to consider EU carbon border tax

7 hours ago DieselGasoil Comments Off on France persuades Germany to consider EU carbon border tax
BERLIN (Reuters) – France has convinced Germany to look into a European carbon border tax to protect companies investing in green technology from emission-intensive competition from abroad, a move that could heighten trade tensions with the United States. It is the first time the German government has officially shown a willingness to look into the Read More

Huawei takes on Apple’s new iPhone 11 with Mate 30 range

10 hours ago DieselGasoil Comments Off on Huawei takes on Apple’s new iPhone 11 with Mate 30 range
MUNICH (Reuters) – Huawei launched its Mate 30 smartphone range on Thursday in a challenge to Apple’s (AAPL.O) new iPhone 11, saying the Chinese firm’s new devices were more compact, their cameras superior and wraparound screens brighter. Richard Yu, CEO of Huawei’s consumer business group, launches the Mate 30 smartphone range at the Convention Read More

McDermott is said to hire restructuring firm for turnaround advice

13 hours ago DieselGasoil Comments Off on McDermott is said to hire restructuring firm for turnaround advice
By Allison McNeely and David Wethe on 9/19/2019 NEW YORK (Bloomberg) – McDermott International hired restructuring firm AlixPartners for strategic and operational advice as the company seeks to shore up its balance sheet, according to a person with knowledge of the matter. The Houston-based company’s stock plunged as much as 76% Wednesday — trading was Read More

California waiver fight may become a top energy issue in election

1 day ago DieselGasoil Comments Off on California waiver fight may become a top energy issue in election
Highlights Battle heads to the courts, adding to uncertainty for automakers Trump says rollback helps drivers to replace older cars Policy expected to boost US oil demand by 500,000 b/d Washington — Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now US President Donald Trump said Wednesday he is revoking Read More

Fed cuts rates again, gives mixed signals for next move

1 day ago DieselGasoil Comments Off on Fed cuts rates again, gives mixed signals for next move
NEW YORK (Reuters) – The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next. HIGHLIGHTS: ** Fed cuts target interest rate 25 Read More

Instant view: Fed cuts rates again, gives mixed signals for next move

1 day ago DieselGasoil Comments Off on Instant view: Fed cuts rates again, gives mixed signals for next move
NEW YORK (Reuters) – The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next. HIGHLIGHTS: ** Fed cuts target interest rate 25 Read More

German carbon pricing plan may cost DAX companies billions: report

1 day ago DieselGasoil Comments Off on German carbon pricing plan may cost DAX companies billions: report
FRANKFURT (Reuters) – Germany’s blue-chip companies could face billions of euros in costs to cut carbon emissions under a climate protection plan due to be unveiled by the government on Friday, according to a study by asset manager Union Investment. Power-generating windmill turbines are pictured at the ‘Amrumbank West’ offshore windpark in the northern sea Read More