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U.N. climate talks go into overtime as negotiators grapple with text

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KATOWICE, Poland (Reuters) – The United Nations’ climate talks went into overtime early Saturday morning as negotiators from nearly 200 nations grappled with disagreements over parts of a package of rules to implement a landmark agreement to combat global warming. U.N. Secretary General Antonio Guterres, executive secretary of the U.N. Framework Convention on Climate Change Read More

Sky Solar Holdings, Ltd. Reports Unaudited Financial Results for the First Half of Fiscal Year 2018

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HONG KONG, Dec. 14, 2018 (GLOBE NEWSWIRE) — Sky Solar Holdings, Ltd. (NASDAQ: SKYS) (“Sky Solar” or “the Company”), a global developer, owner and operator of solar parks, today announced its financial results for and as of the first six months ended June 30, 2018. First Half 2018 Highlights Revenue of $33.2 million, up 8.4% Read More

Exclusive: India's Motherson Sumi in early-stage merger talks with Leoni – sources

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FRANKFURT/HONG KONG (Reuters) – Indian car wiring maker Motherson Sumi Systems Ltd (MOSS.NS) is in early talks with German peer Leoni AG (LEOGn.DE) over a possible merger of the pair, two people close to the matter said. FILE PHOTO: Employees of Motherson Sumi Systems Ltd, work on a car wiring assembly line inside a factory Read More

Japan business mood steady but outlook sours: BOJ tankan

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TOKYO (Reuters) – Confidence among Japan’s big firms remained unchanged from three months ago, a closely-watched central bank survey showed, but sentiment on the outlook soured for the first time in three quarters as trade frictions and global growth concerns hurt the business mood. FILE PHOTO – A worker cycles near a factory at the Read More

Wall Street ends flat as nervous investors flock to defensive shares

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NEW YORK (Reuters) – The S&P 500 finished little changed after a volatile session on Thursday, as investors continued to be spooked by uncertainty on both domestic and international issues, driving up bids for defensive shares while financials and consumer discretionary stocks were the biggest drags. Traders work on the floor of the New York Read More

Wall Street edges lower as trade-fueled rally loses steam

2 days ago DieselGasoil Comments Off on Wall Street edges lower as trade-fueled rally loses steam
(Reuters) – U.S. stocks edged lower in volatile trading on Thursday, as a rally sparked by progress in U.S.-China trade talks faded, with investors preferring defensive sectors such as real estate and utilities. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid Wall Read More

U.S. labor market tightening; inflation pressures muted

2 days ago DieselGasoil Comments Off on U.S. labor market tightening; inflation pressures muted
WASHINGTON (Reuters) – The number of Americans filing applications for jobless benefits tumbled to near a 49-year low last week, which could ease concerns about a slowdown in the labor market and economy. A container ship is shown at port in Long Beach, California, U.S. July 16, 2018. REUTERS/Mike Blake Other data on Thursday showed Read More

Vitol, rival oil traders in spotlight of Brazil bribery probe

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SAO PAULO/LONDON (Reuters) – Brazil’s epic “Car Wash” corruption investigation has taken down presidents and elite businessmen, and led to the largest corporate leniency deal ever signed. FILE PHOTO: Protesters display a banner and posters in front of the venue of commodities trader Glencore’s annual shareholder meeting in Zug, Switzerland May 2, 2018. REUTERS/Arnd Wiegmann Read More

North America to weigh on Under Armour's 2019 revenue growth, shares slide

3 days ago DieselGasoil Comments Off on North America to weigh on Under Armour's 2019 revenue growth, shares slide
(Reuters) – Sportswear maker Under Armour Inc (UAA.N) on Wednesday forecast 2019 revenue growth and profit below Wall Street estimates on expectations of flat sales in North America, triggering a 11 percent drop in its shares. FILE PHOTO: An Under Armour logo is seen on a running shoe on display at an store in Chicago, Read More