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Wall St. set to bounce on signs of trade progress

6 hours ago DieselGasoil Comments Off on Wall St. set to bounce on signs of trade progress
(Reuters) – U.S. stock index futures pointed to a higher open on Friday on signs of progress in the ongoing trade talks between the United States and China. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid Top trade negotiators from the two Read More

Matra Petroleum AB: Fourth quarter and twelve months ended 31 December 2018

9 hours ago DieselGasoil Comments Off on Matra Petroleum AB: Fourth quarter and twelve months ended 31 December 2018
Fourth quarter ended 31 December 2018 (Fourth quarter ended 31 December 2017) Revenue of TUSD 2,843 (TUSD 2,295), up 24% EBITDA of TUSD 5,653 (TUSD 433) Operating result of TUSD 5,112 (TUSD -392) Net result for the period of TUSD 3,116 (TUSD -2,110) Earnings per share (basic and diluted) amounted to 0.07 USD per share Read More

Ford's Brazil shutdown highlights automakers' woes with excess capacity

1 day ago DieselGasoil Comments Off on Ford's Brazil shutdown highlights automakers' woes with excess capacity
SAO PAULO (Reuters) – Ford Motor Co’s oldest factory in Brazil, slated for closure later this year, was a giant among auto plants, occupying a sprawling 12 million square feet (111.5 hectares), bigger than many of the automaker’s U.S. facilities. The Ford logo is seen at the Ford oldest Brazil plant after company announced its Read More

Quadriga: The cryptocurrency exchange that lost $135m

4 days ago DieselGasoil Comments Off on Quadriga: The cryptocurrency exchange that lost $135m
When the 30-year-old founder of a Canadian cryptocurrency exchange died suddenly, he took the whereabouts of some C$180m ($135m; £105m) in cryptocurrency to his grave. Now, tens of thousands of Quadriga CX users are wondering if they will ever see their funds again. In 2014, one of the world’s biggest online cryptocurrency exchanges – MtGox Read More

Asia shares bounce on trade talk, stimulus wagers

5 days ago DieselGasoil Comments Off on Asia shares bounce on trade talk, stimulus wagers
SYDNEY (Reuters) – Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks. A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, Read More

Asia bulls dare to hope on trade talks, stimulus

5 days ago DieselGasoil Comments Off on Asia bulls dare to hope on trade talks, stimulus
SYDNEY (Reuters) – Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks. A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, Read More

Asia shares up on optimism over trade talks, stimulus

5 days ago DieselGasoil Comments Off on Asia shares up on optimism over trade talks, stimulus
SYDNEY (Reuters) – Asian share markets firmed on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks. A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China Read More

Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade

7 days ago DieselGasoil Comments Off on Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade
MEXICO CITY (Reuters) – Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix. FILE PHOTO: A digital LED price sign of state-owned company Petroleos Mexicanos (PEMEX) shows their Read More

Mexico to pump $3.6 billion to relieve ailing Pemex, more if needed

1 week ago DieselGasoil Comments Off on Mexico to pump $3.6 billion to relieve ailing Pemex, more if needed
MEXICO CITY (Reuters) – Mexico will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes and refinancing debt, officials said Friday, promising to do “whatever is takes” to strengthen its finances and prevent a further credit downgrade. FILE PHOTO: A gas station of state oil firm Petroleos Mexicanos (Pemex), which is Read More

Nvidia full-year sales outlook tops analyst views; shares rise

1 week ago DieselGasoil Comments Off on Nvidia full-year sales outlook tops analyst views; shares rise
(Reuters) – Chip maker Nvidia Corp on Thursday forecast sales for its current fiscal year that topped Wall Street expectations, sending its shares up 8 percent in late trading. FILE PHOTO: The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. REUTERS/Tyrone Siu/File Photo The Santa Read More