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Asian shares, U.S. stock futures slip as growth worries loom

2 hours ago DieselGasoil Comments Off on Asian shares, U.S. stock futures slip as growth worries loom
SYDNEY (Reuters) – Asian shares and U.S. stock futures slipped on Tuesday amid signs of pessimism about world growth, while sterling dithered as the latest plan for Brexit appeared to come and go with no progress. A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside Read More

IMF, CEOs sound warnings as leaders gather in Davos

7 hours ago DieselGasoil Comments Off on IMF, CEOs sound warnings as leaders gather in Davos
DAVOS, Switzerland (Reuters) – The International Monetary Fund trimmed its global growth forecasts on Monday and a survey showed increasing pessimism among business chiefs as trade tensions and uncertainty loomed over the world’s biggest annual gathering of the rich and powerful. International Monetary Fund (IMF) Managing Director Christine Lagarde attends a news conference ahead of Read More

Canaf announces full repayment of term loan and award of B-BBEE rating

11 hours ago DieselGasoil Comments Off on Canaf announces full repayment of term loan and award of B-BBEE rating
VANCOUVER, British Columbia, Jan. 21, 2019 (GLOBE NEWSWIRE) — Canaf Investments Inc., (TSXV: CAF), (“Canaf”) the Canada-registered mining related group, is pleased to announce the full repayment of its majority owned South African subsidiary’s term loan, and award of a Level 4 Broad-Based Black Economic Empowerment, (“B-BBEE”) rating. On 07 January 2019, Southern Coal (Pty) Ltd., Read More

IMF fears trade war and weak Europe could trigger sharp global slowdown

12 hours ago DieselGasoil Comments Off on IMF fears trade war and weak Europe could trigger sharp global slowdown
DAVOS, Switzerland (Reuters) – The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020 due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy. In its second downgrade in three months, the global lender also cited Read More

IMF cuts global growth outlook, cites trade war and weak Europe

14 hours ago DieselGasoil Comments Off on IMF cuts global growth outlook, cites trade war and weak Europe
DAVOS, Switzerland (Reuters) – The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy. Swiss special police officer keeps watch from a rooftop, ahead of inauguration Read More

Falcon Oil & Gas Ltd. – 2019 Beetaloo Drilling Programme – Rig Contract Signed

20 hours ago DieselGasoil Comments Off on Falcon Oil & Gas Ltd. – 2019 Beetaloo Drilling Programme – Rig Contract Signed
FALCON OIL & GAS LTD. (“Falcon”) 2019 Beetaloo Drilling Programme – Rig Contract Signed 21 January 2019 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, ESM: FAC) is very pleased to announce that Origin Energy B2 Pty Ltd. (“Origin”), our joint venture (“JV”) partner and Operator of the Beetaloo project, in the Northern Territory, Read More

China should boost banks' active support for economy: central bank official

23 hours ago DieselGasoil Comments Off on China should boost banks' active support for economy: central bank official
SHANGHAI (Reuters) – Encouraging China’s banks to actively increase support for the real economy, rather than relying on authorities’ orders to boost lending, is the key to improving the supply of credit in the economy, a central bank official said on Monday. Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured Read More

Gripped by Ghosn crisis, Renault expects slight sales growth

4 days ago DieselGasoil Comments Off on Gripped by Ghosn crisis, Renault expects slight sales growth
PARIS (Reuters) – Renault (RENA.PA) expects to deliver sales growth in 2019, despite the imminent ouster of Chairman and Chief Executive Carlos Ghosn and tension with alliance partner Nissan (7201.T). The logo of French car manufacturer Renault is seen at a dealership of the company in Illkirch-Graffenstaden near Strasbourg, France, January 10, 2019. REUTERS/Vincent Kessler Read More

Stocks buoyed by trade hopes, set for best weekly winning streak in half a year

4 days ago DieselGasoil Comments Off on Stocks buoyed by trade hopes, set for best weekly winning streak in half a year
LONDON (Reuters) – Global stocks rose to their highest in more than a month on Friday after a report suggested progress towards resolving the trade dispute between the United States and China. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage Read More