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U.S. oil prices drop 1 percent on oversupply fears

3 hours ago DieselGasoil Comments Off on U.S. oil prices drop 1 percent on oversupply fears
SINGAPORE (Reuters) – U.S. oil prices fell 1 percent on Tuesday after slipping below $50 a barrel in the previous session, with reports of a big climb in U.S. inventories and forecasts of record shale output stoking worries about oversupply. Pump jacks operate in an oil field in Midland, Texas U.S. August 22, 2018. Picture Read More

S&P 500 hits 14-month low on economic jitters ahead of Fed meeting

6 hours ago DieselGasoil Comments Off on S&P 500 hits 14-month low on economic jitters ahead of Fed meeting
NEW YORK (Reuters) – Wall Street’s major indexes all slid more than 2 percent on Monday, with the benchmark S&P 500 closing at its lowest level in 14 months, on concerns of slowing economic growth ahead of a highly-anticipated decision from the Federal Reserve this week on the course of interest-rate hikes. Traders work on Read More

Wall St. sinks as DoubleLine's Gundlach says stocks are in bear market

8 hours ago DieselGasoil Comments Off on Wall St. sinks as DoubleLine's Gundlach says stocks are in bear market
NEW YORK (Reuters) – Wall Street’s major indexes each slid more than 1 percent on Monday on concerns about slowing growth and as DoubleLine Capital’s Jeffrey Gundlach suggested that U.S. stocks are in a bear market. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2018. Read More

Retailers, health stocks lead Wall Street lower; banks help ease pain

11 hours ago DieselGasoil Comments Off on Retailers, health stocks lead Wall Street lower; banks help ease pain
(Reuters) – Wall Street dropped on Monday, but recovered from a slide of over 1 percent, weighed down by an Amazon-led drop in retailers and weakness in Health stocks, with gains in banks ahead of a widely expected rate hike limiting losses. Traders work on the floor of the New York Stock Exchange (NYSE) in Read More

ALIMENTATION COUCHE-TARD AND CROSSAMERICA ANNOUNCE AGREEMENT FOR SERIES OF ASSET EXCHANGES

16 hours ago DieselGasoil Comments Off on ALIMENTATION COUCHE-TARD AND CROSSAMERICA ANNOUNCE AGREEMENT FOR SERIES OF ASSET EXCHANGES
Laval, Québec, Canada and Allentown, PA, United States, December 17, 2018, Dec. 17, 2018 (GLOBE NEWSWIRE) —                         ALIMENTATION COUCHE-TARD AND CROSSAMERICA ANNOUNCE AGREEMENT FOR SERIES OF ASSET EXCHANGES Alimentation Couche-Tard has agreed to sell to CrossAmerica 192 U.S. company-operated convenience and fuel retail stores (the “Circle K stores”) CrossAmerica has agreed to sell to Read More

German union calls strike at Amazon warehouses

19 hours ago DieselGasoil Comments Off on German union calls strike at Amazon warehouses
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, U.S., January 29, 2016. REUTERS/Mike Segar/File Photo DUESSELDORF, Germany (Reuters) – German trade union Verdi called on workers at two Amazon (AMZN.O) logistic centers to strike on Monday, part of a long-running campaign for better pay and conditions. Read More

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

21 hours 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

1 day 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

1 day 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

Wall Street looks to Fed outlook Wednesday for early Christmas gift

2 days ago DieselGasoil Comments Off on Wall Street looks to Fed outlook Wednesday for early Christmas gift
NEW YORK (Reuters) – Investors are eager for a touch of Christmas cheer from the U.S. Federal Reserve next week, hoping for signs the central bank may ease up on interest rate hikes next year and spark a Santa Claus rally. FILE PHOTO: A Wall Street sign is seen outside the New York Stock Exchange Read More