newszine

StanChart sees China slowdown, trade war fears receding, eyes digital push

2 hours ago DieselGasoil Comments Off on StanChart sees China slowdown, trade war fears receding, eyes digital push
HONG KONG (Reuters) – Fears over a slowdown in Chinese economic growth and the impact of the Sino-United States trade tensions are “receding a bit”, the chief executive of London-based bank Standard Chartered, which makes the bulk of its revenue in Asia, said. Standard Chartered PLC Group Chief Executive Bill Winters attends the China Development Read More

Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point

3 days ago DieselGasoil Comments Off on Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point
NEW YORK (Reuters) – As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid In Read More

Global growth rebound hopes hit by weak factory data

4 days ago DieselGasoil Comments Off on Global growth rebound hopes hit by weak factory data
LONDON/TOKYO (Reuters) – Manufacturers in Europe, Japan and the United States suffered in March as surveys showed trade tensions had left their mark on factory output, a setback for hopes the global economy might be turning the corner on its slowdown. FILE PHOTO: A worker is seen at a factory at the Keihin industrial zone Read More

UK economy dodges no-deal Brexit hit, for now

4 days ago DieselGasoil Comments Off on UK economy dodges no-deal Brexit hit, for now
LONDON (Reuters) – Britain’s economy has struggled beneath the weight of Brexit uncertainty for nearly three years, but many business leaders would probably be relieved just to have more of the same for the next few months. FILE PHOTO: People walk through the Canary Wharf financial district of London, Britain, December 7, 2018. REUTERS/Simon Dawson Read More

ClearStream Announces Fourth Quarter and Annual 2018 Financial Results

4 days ago DieselGasoil Comments Off on ClearStream Announces Fourth Quarter and Annual 2018 Financial Results
CALGARY, Alberta, March 22, 2019 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) today announced its results for the three and twelve months ended December 31, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the “Non-IFRS measures” section of this release for a description of Read More

U.S. corporate breakups could be catalyst to change Dow index

4 days ago DieselGasoil Comments Off on U.S. corporate breakups could be catalyst to change Dow index
NEW YORK (Reuters) – Shake-ups come infrequently for the Dow Jones Industrial Average, but some degree of change may be in the works for the stock index as two of its 30 constituents prepare to transform from large conglomerates into smaller companies. FILE PHOTO: A screen displays the trading information for chemical producer DowDuPont Inc. Read More

Deutsche Bank CEO sees strong case for Commerzbank merger: source

5 days ago DieselGasoil Comments Off on Deutsche Bank CEO sees strong case for Commerzbank merger: source
FRANKFURT (Reuters) – Deutsche Bank chief executive Christian Sewing believes there is a strong case for a merger with Commerzbank, a person with direct knowledge of his thinking said. Sewing’s view sets the stage for a potential showdown with labor unions who fear as many as 30,000 job cuts in Germany’s two biggest banks become Read More

Despite closures, U.S. nuclear electricity generation in 2018 surpassed its previous peak

5 days ago DieselGasoil Comments Off on Despite closures, U.S. nuclear electricity generation in 2018 surpassed its previous peak
March 21, 2019 Electricity generation from U.S. nuclear power plants totaled 807.1 million megawatthours (MWh) in 2018, slightly more than the previous peak of 807.0 million MWh in 2010, based on preliminary annual data. Although several nuclear power plants have closed since 2010, a combination of added capacity through uprates and shorter refueling and maintenance Read More

Covia Announces Fourth Quarter and Full Year 2018 Results

5 days ago DieselGasoil Comments Off on Covia Announces Fourth Quarter and Full Year 2018 Results
Fourth quarter 2018 volumes of 7.8 million tons; full year 2018 pro forma volumes of 35.2 million tons Fourth quarter 2018 revenues of $441 million; full year 2018 pro forma revenues of $2.3 billion Fourth quarter 2018 net loss from continuing operations of $48.1 million; full year 2018 pro forma net loss from continuing operations Read More