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Asia shares rise on U.S.-China trade deal optimism, Aussie tumbles

1 day ago DieselGasoil Comments Off on Asia shares rise on U.S.-China trade deal optimism, Aussie tumbles
TOKYO (Reuters) – Asian shares pulled ahead to fresh 4-1/2-month highs and U.S. equity futures rose on a Reuters report that the United States and China have started to tackle the stickiest issues in their trade war. Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Japan, October 11, 2018. REUTERS/Issei Read More

Asia shares up on Fed outlook, Aussie dollar seesaws after jobs data

1 day ago DieselGasoil Comments Off on Asia shares up on Fed outlook, Aussie dollar seesaws after jobs data
TOKYO (Reuters) – Asian shares pulled ahead to fresh 4-1/2-month highs on Thursday after the U.S. Federal Reserve affirmed it would be “patient” on further interest rate rises and as Sino-U.S. trade talks hinted of progress towards a deal in their tariff war. Visitors look at a stock quotation board at Tokyo Stock Exchange in Read More

Asia shares steady after Fed minutes, Aussie rallies

1 day ago DieselGasoil Comments Off on Asia shares steady after Fed minutes, Aussie rallies
TOKYO (Reuters) – Asian shares held near 4-1/2-month highs on Thursday after U.S. Federal Reserve minutes affirmed it would be “patient” on interest rate rises and risk assets got a lift from hopes of further progress in U.S.-China trade talks. Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Japan, October Read More

The basic metals industry is one of the world’s largest industrial energy users

2 days ago DieselGasoil Comments Off on The basic metals industry is one of the world’s largest industrial energy users
February 20, 2019 Source: U.S. Energy Information Administration, based on World Input-Output DatabaseNote: Dollar values are expressed in 2010 U.S. dollars, converted based on purchasing power parity. The industrial sector is the largest user of energy in the world, accounting for approximately 55% of world delivered energy in 2018, according to the International Energy Agency. Read More

'Massive slap in the face': Activists slam British Museum's ties to BP

3 days ago DieselGasoil Comments Off on 'Massive slap in the face': Activists slam British Museum's ties to BP
Oil giant BP backed the war in Iraq and its exploits in the nation today are akin to “neocolonialism,” a campaigner told RT after hundreds of protesters came out to denounce a BP-sponsored exhibit at a UK museum. British Petroleum (BP) was “one of the biggest supporters of the Iraq War” as the company saw Read More

BHGE strengthens presence in Qatar across fullstream operations

4 days ago DieselGasoil Comments Off on BHGE strengthens presence in Qatar across fullstream operations
2/18/2019 DOHA — Baker Hughes, a GE company (BHGE), the world’s first fullstream oil and gas company, has signed a Memorandum of Understanding (MoU) with Qatar Petroleum (QP) to unlock new opportunities to expand its presence in the country and to support Qatar Petroleum’s Tawteen Program. The agreement confirms BHGE’s ongoing commitment to Qatar and Read More

Germans go gaga for Russian food discounter Mere amid nostalgia for ‘Iron Curtain’ era

6 days ago DieselGasoil Comments Off on Germans go gaga for Russian food discounter Mere amid nostalgia for ‘Iron Curtain’ era
A Russian grocery retailer was nearly forced to close during its grand opening week in Germany when a huge crowd of Leipzig locals arrived and gobbled up almost the entire inventory. The promising slogan ‘Only Lowest Prices Everyday’ evoked an enormous demand during the first days after the opening that toppled the most optimistic forecasts. Read More

If you can’t bit them, coin them: Bitcoin-skeptic JP Morgan reveals its own cryptocurrency

7 days ago DieselGasoil Comments Off on If you can’t bit them, coin them: Bitcoin-skeptic JP Morgan reveals its own cryptocurrency
Just a few weeks after JP Morgan declared cryptocurrencies like Bitcoin to only have value in a post-capitalist dystopia, the $2.5tn banking giant announced its own blockchain-based “JPM Coin” – should we be worried? While many cryptocurrency enthusiasts are both pained and confused to see the words “blockchain” and “corporate-payments” used in a sentence together, Read More

Take Five: The R-word – World markets themes for the week ahead

7 days ago DieselGasoil Comments Off on Take Five: The R-word – 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: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly/File Photo/File Read More

Turkey still keen to get Russia’s S-400 missiles despite rival US offers – top MP

1 week ago DieselGasoil Comments Off on Turkey still keen to get Russia’s S-400 missiles despite rival US offers – top MP
Ankara will stay on course to get the Russian-made S-400 anti-aircraft system despite Washington’s carrot-and-stick offer of alternative Patriot missiles and threats to jeopardize other arms deals, a top Turkish MP has confirmed. There will be no change to the multi-billion deal Moscow and Ankara inked back in 2017, according to Volkan Bozkir, head of Read More