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Hong Kong protesters ransack mall, clash in street battles with police (VIDEOS)

3 hours ago DieselGasoil Comments Off on Hong Kong protesters ransack mall, clash in street battles with police (VIDEOS)
Thousands of masked protesters descended on a Hong Kong satellite town, vandalizing a mall and rail stations. Clashes with police ensued in nearby streets where police used tear gas and activists set barricades on fire. The action in Sha Tin, a neighborhood in Hong Kong’s New Territories, on Sunday followed the template set on the Read More

UTC technology chief Eremenko steps down

3 days ago DieselGasoil Comments Off on UTC technology chief Eremenko steps down
(In the September 18 story corrects to delete “by email” and to clarify that technology and engineering not a business within UTC in paragraphs 3,6) FILE PHOTO: United Technologies logo is displayed on a screen at the post where it’s stock is traded on the floor of the New York Stock Exchange (NYSE) in New Read More

Airbus revises up jet demand, trims traffic growth

4 days ago DieselGasoil Comments Off on Airbus revises up jet demand, trims traffic growth
LONDON (Reuters) – Airbus on Wednesday revised up forecasts for jetliner demand in the next 20 years led by growth in the new industrial hubs of Asia, while voicing alarm over rising protectionism. FILE PHOTO: The logo of Airbus is pictured at their facility in Montoir-de-Bretagne near Saint-Nazaire, France July 12, 2019. REUTERS/Stephane Mahe The Read More

ECB to turn stimulus taps back on as economy slows

1 week ago DieselGasoil Comments Off on ECB to turn stimulus taps back on as economy slows
FRANKFURT (Reuters) – The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms markets risks pushing up borrowing costs. FILE PHOTO: Sign of the European Central Bank (ECB) is seen ahead Read More

OPEC+ meets in Abu Dhabi, with deeper cuts off the agenda for now

2 weeks ago DieselGasoil Comments Off on OPEC+ meets in Abu Dhabi, with deeper cuts off the agenda for now
By Dina Khrennikova, Grant Smith and Nayla Razzouk on 9/11/2019 VLADIVOSTOK (Bloomberg) – Ministers from OPEC+ are gathering in Abu Dhabi with deeper production cuts off the agenda for now, but with a backdrop of growing concern about the strength of oil demand as the global economy slows. Crude has lurked in the low $60s Read More

Bond yields climb as ECB stimulus expectations fade

2 weeks ago DieselGasoil Comments Off on Bond yields climb as ECB stimulus expectations fade
LONDON (Reuters) – Global bond yields rose on Tuesday, amid growing caution over the extent to which the European Central Bank will add stimulus to boost an ailing economy this week and rising hopes that Berlin could loosen its purse strings. FILE PHOTO: The German share price index DAX graph is pictured at the stock Read More

Waning ECB stimulus bets push bond yields higher

2 weeks ago DieselGasoil Comments Off on Waning ECB stimulus bets push bond yields higher
LONDON (Reuters) – Global bond yields rose on Monday, amid growing caution over the extent to which the European Central Bank will add stimulus to boost an ailing economy this week and rising hopes that Berlin could loosen its purse strings. FILE PHOTO: The German share price index DAX graph is pictured at the stock Read More

Asian stocks mostly weaker on steep Chinese factory price declines

2 weeks ago DieselGasoil Comments Off on Asian stocks mostly weaker on steep Chinese factory price declines
TOKYO (Reuters) – Most Asian stocks swung lower on Tuesday, weighed by Chinese markets after data showed mainland factory prices shrinking at their fastest pace in three years while reports of German stimulus plans pushed global bond prices down. FILE PHOTO: A visitor wearing a mask is seen behind a logo of Japan Stock Exchange Read More

Bond prices dip on German spending plan as stocks await ECB

2 weeks ago DieselGasoil Comments Off on Bond prices dip on German spending plan as stocks await ECB
TOKYO (Reuters) – Bond prices edged lower on Tuesday after German bund yields hit a one-month high following a report by Reuters that Germany is considering a “shadow budget” to allow the government to circumvent its strict national debt rules. FILE PHOTO: A man in a bicycle stops in front of an electronic board showing Read More