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China to halt added tariffs on U.S.-made cars in easing of trade tensions

12 hours ago DieselGasoil Comments Off on China to halt added tariffs on U.S.-made cars in easing of trade tensions
BEIJING/WASHINGTON (Reuters) – China will temporarily suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts starting Jan. 1, 2019, the finance ministry said on Friday, following a truce in a trade war between the world’s two largest economies. The Ministry of Finance, in a statement on its website, also said it hopes China Read More

CVS defends settlement that allowed Aetna merger as judge assesses

15 hours ago DieselGasoil Comments Off on CVS defends settlement that allowed Aetna merger as judge assesses
WASHINGTON (Reuters) – CVS Health Corp (CVS.N) defended on Friday an agreement with the U.S. Justice Department which allowed it to purchase Health insurer Aetna for $69 billion, a settlement that a federal judge is still assessing. FILE PHOTO: Shoppers walk outside a CVS store and pharmacy in Medford, Massachusetts, U.S. December 4, 2017. REUTERS/Brian Read More

Macro Enterprises Inc. Announces Grant of Stock Options

16 hours ago DieselGasoil Comments Off on Macro Enterprises Inc. Announces Grant of Stock Options
FORT ST. JOHN, British Columbia, Dec. 14, 2018 (GLOBE NEWSWIRE) — Macro Enterprises Inc. (the “Company” or “Macro”) has granted, under its Stock Option Plan, incentive stock options to certain key employees and certain directors of the Company to purchase up to an aggregate of 930,000 common shares in the capital of the Company exercisable Read More

Coming changes in marine fuel sulfur limits will affect global oil markets

1 day ago DieselGasoil Comments Off on Coming changes in marine fuel sulfur limits will affect global oil markets
December 14, 2018 For the next two weeks (December 17–December 31), Today in Energy will feature a selection of our favorite articles from 2018. New articles will resume on January 2, 2019. International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel operators, refiners, and Read More

China to halt additional tariffs on U.S.-made cars as trade dispute de-escalates

1 day ago DieselGasoil Comments Off on China to halt additional tariffs on U.S.-made cars as trade dispute de-escalates
BEIJING (Reuters) – China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019, the country’s finance ministry said on Friday, following a truce in a trade war between the world’s two largest economies. FILE PHOTO – Cars are seen in a parking lot in Palm Springs, California, Read More

Merck bolsters animal health unit with $2.4 billion Antelliq purchase

1 day ago DieselGasoil Comments Off on Merck bolsters animal health unit with $2.4 billion Antelliq purchase
The Merck logo is seen at a gate to the Merck & Co campus in Linden, New Jersey, U.S., July 12, 2018. REUTERS/Brendan McDermid (Reuters) – Merck and Co (MRK.N) said on Friday it will pay about 2.1 billion euros ($2.37 billion) in cash for privately held French company Antelliq Group, which makes digital identification Read More

Weak economic data send world stocks tumbling

1 day ago DieselGasoil Comments Off on Weak economic data send world stocks tumbling
LONDON (Reuters) – Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-U.S. trade dispute. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Read More

China to suspend extra tariffs on US-made cars & parts for 3 months

1 day ago DieselGasoil Comments Off on China to suspend extra tariffs on US-made cars & parts for 3 months
Beijing says it will abolish additional tariffs on US-produced vehicles and auto parts from January 1 through to the end of March 2019 as part of a trade war truce reached with Washington. The Chinese government is to suspend 25 percent tariffs on 116 vehicles and car parts, as well as 5 percent tariffs on Read More

China says to halt additional tariffs on U.S.-made cars from Jan. 1

1 day ago DieselGasoil Comments Off on China says to halt additional tariffs on U.S.-made cars from Jan. 1
FILE PHOTO – Cars are seen in a parking lot in Palm Springs, California, U.S. on April 13, 2015. REUTERS/Lucy Nicholson/File Photo BEIJING (Reuters) – China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019, the country’s finance ministry said on Friday, following a truce in a Read More

LVMH splashes out on luxury hotels with $3.2 billion Belmond deal

1 day ago DieselGasoil Comments Off on LVMH splashes out on luxury hotels with $3.2 billion Belmond deal
PARIS (Reuters) – Luxury goods maker LVMH (LVMH.PA) has agreed to buy Belmond (BEL.N), the owner of hotels including Venice’s landmark Cipriani, for $3.2 billion including debt to increase its presence in upmarket hospitality. A woman with a Louis Vuitton-branded shopping bag looks towards the entrance of a branch store by LVMH Moet Hennessy Louis Read More