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Micron misses sales estimates as chip supply glut hurts prices

59 mins ago DieselGasoil Comments Off on Micron misses sales estimates as chip supply glut hurts prices
Memory chip parts of U.S. memory chip maker MicronTechnology are pictured at their fair booth at an industrial fair in Frankfurt, Germany, July 14, 2015. REUTERS/Kai Pfaffenbach/File Photo (Reuters) – U.S. chipmaker Micron Technology Inc (MU.O) on Tuesday missed Wall Street estimates for quarterly revenue, hurt by falling prices for its memory chips due to Read More

China inks deals with Shell, majors as Xi signals open trade

10 hours ago DieselGasoil Comments Off on China inks deals with Shell, majors as Xi signals open trade
By Bloomberg News on 12/18/2018 HONG KONG and BEIJING (Bloomberg) — China signaled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell new opportunities to develop fields in partnership with the nation’s biggest offshore explorer.  China National Offshore Oil said in Beijing on Tuesday that it had Read More

Asian shares perk up ahead of key policy events in China, U.S.

2 days ago DieselGasoil Comments Off on Asian shares perk up ahead of key policy events in China, U.S.
TOKYO (Reuters) – Asian share markets ticked up on Monday as investors cautiously looked to whether key policy events in the United States and China could allay concerns about slowing global economic growth. An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7, 2018. REUTERS/Thomas Read More

Asian shares hobbled by mounting risks to global growth

2 days ago DieselGasoil Comments Off on Asian shares hobbled by mounting risks to global growth
TOKYO (Reuters) – Asian share markets began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the broadening impact of international trade frictions. An investor sits in front of a board showing stock information at a brokerage office in Read More

Asian shares on defensive on mounting signs of a global slowdown

2 days ago DieselGasoil Comments Off on Asian shares on defensive on mounting signs of a global slowdown
TOKYO (Reuters) – Asian share markets started the week on a cautious footing on Monday after weak economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the impact of international trade frictions on business and profits. An investor sits in front of a board showing stock information Read More

Qatar considering increasing its stake in Deutsche Bank: Handelsblatt

2 days ago DieselGasoil Comments Off on Qatar considering increasing its stake in Deutsche Bank: Handelsblatt
The cash desk sign of a nearby car park is pictured next to the head quarters of Germany’s largest business bank, Deutsche Bank, in Frankfurt, Germany, January 29, 2018. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Qatar is considering increasing its stake in Deutsche Bank (DBKGn.DE), newspaper Handelsblatt reported on Sunday. The Qatari royal family already holds Read More

Qatar considering increasing stake in Deutsche Bank: Handelsblatt

2 days ago DieselGasoil Comments Off on Qatar considering increasing stake in Deutsche Bank: Handelsblatt
The cash desk sign of a nearby car park is pictured next to the head quarters of Germany’s largest business bank, Deutsche Bank, in Frankfurt, Germany, January 29, 2018. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Qatar is considering increasing its stake in Deutsche Bank (DBKGn.DE), Handelsblatt reported on Sunday. A spokesman for Deutsche Bank declined to Read More

‘Solid relations in time of sanctions’: Germany’s investments into Russia exceed €2 billion

5 days ago DieselGasoil Comments Off on ‘Solid relations in time of sanctions’: Germany’s investments into Russia exceed €2 billion
German firms continue investing in the Russian economy despite facing barriers from economic sanctions, according to the chairman of the German-Russian Chamber of Commerce Matthias Schepp. “German business extremely rarely invested in such volumes into Russia since the collapse of the USSR,” Schepp said in a statement seen by Interfax. Citing Bundesbank statistics Schepp said Read More

Japan's business mood, capex steady but outlook sours: BOJ tankan

5 days ago DieselGasoil Comments Off on Japan's business mood, capex steady but outlook sours: BOJ tankan
TOKYO (Reuters) – Japanese business confidence and capital expenditure plans held steady from three months ago, a closely-watched central bank survey showed, a sign companies weren’t significantly worried about escalating trade frictions and global growth concerns. FILE PHOTO – A worker cycles near a factory at the Keihin industrial zone in Kawasaki, Japan, March 8, Read More

Japan business mood steady but outlook sours: BOJ tankan

5 days ago DieselGasoil Comments Off on Japan business mood steady but outlook sours: BOJ tankan
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