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Greta Thunberg to U.S. Congress on climate change: ‘Wake up’

3 hours ago DieselGasoil Comments Off on Greta Thunberg to U.S. Congress on climate change: ‘Wake up’
WASHINGTON (Reuters) – Swedish teenager Greta Thunberg, who has inspired a global movement for climate change, delivered a strong message to U.S. lawmakers on Wednesday: “Wake up.” Wrapping up a six-day visit to Washington, D.C., the 16-year-old Thunberg rallied a room full of Democratic lawmakers and activists, urging them to follow scientific warnings and push Read More

Fed cuts interest rates, signals holding pattern for now

5 hours ago DieselGasoil Comments Off on Fed cuts interest rates, signals holding pattern for now
WASHINGTON (Reuters) – The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar to further reductions in borrowing costs, eliciting a fast and sharp rebuke from President Donald Trump. Describing the U.S. economic outlook as “favorable,” Fed Chair Jerome Powell said the rate Read More

Analysis: US crude stocks climb 1.06 million barrels as refiners cut runs, imports rise

6 hours ago DieselGasoil Comments Off on Analysis: US crude stocks climb 1.06 million barrels as refiners cut runs, imports rise
New York — US crude inventories climbed 1.06 million barrels last week to 417.13 million barrels, as refiners cut runs while imports edged higher, US Energy Information Administration data showed Wednesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The stock build was considered bearish for NYMEX crude futures, Read More

Investor Netter pushes FSD to restructure or return cash

7 hours ago DieselGasoil Comments Off on Investor Netter pushes FSD to restructure or return cash
NEW YORK (Reuters) – Investment manager Donald Netter is stepping up his battle with First Trust High Income Long/Short Fund (FSD) by asking the closed-end fund to restructure or give investors their money back because it has been trading at a discount for years. Netter, whose Dolphin Limited Partnership I LP owns 450,000 shares of Read More

Fed cuts rates on 7-3 vote, gives mixed signals on next move

8 hours ago DieselGasoil Comments Off on Fed cuts rates on 7-3 vote, gives mixed signals on next move
WASHINGTON (Reuters) – The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next. FILE PHOTO: Federal Reserve Board building on Constitution Avenue Read More

Greta Thunberg to Congress: ‘Don’t listen to me. Listen to the scientists’

10 hours ago DieselGasoil Comments Off on Greta Thunberg to Congress: ‘Don’t listen to me. Listen to the scientists’
WASHINGTON (Reuters) – Swedish teenage climate activist Greta Thunberg delivered a short and direct message before a Congressional hearing on Wednesday: “I don’t want you to listen to me. I want you to listen to the scientists.” The 16-year old founder of the ‘Fridays For Future’ weekly school walkouts to demand government climate-change action that Read More

Indonesia’s planned cigarette tax hike to lead to production cut, layoffs

13 hours ago DieselGasoil Comments Off on Indonesia’s planned cigarette tax hike to lead to production cut, layoffs
JAKARTA (Reuters) – Plans by the Indonesian government to raise tobacco excise tax and minimum cigarette prices next year will force companies to cut production and potentially cause layoffs, industry associations said on Wednesday. Indonesia has one of the world’s highest smoking rates and tobacco was responsible for 14.7% of all deaths in the country, Read More

Germany gambles on green with carbon cap plan

13 hours ago DieselGasoil Comments Off on Germany gambles on green with carbon cap plan
BERLIN (Reuters) – The German government is set to present a new climate-change policy on Friday that will likely include a carbon-pricing initiative to cap the use of fossil fuels in Europe’s largest economy, where the Greens party is enjoying a surge in support.   The plan – the world’s largest experiment so far in Read More

Futures on back foot before Fed policy decision

15 hours ago DieselGasoil Comments Off on Futures on back foot before Fed policy decision
(Reuters) – U.S. stock index futures dipped on Wednesday as investors waited for the Federal Reserve’s decision on interest rates in what has been a rocky week for global markets. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 17, 2019. REUTERS/Brendan McDermid The central Read More

No Apple Store nearby? Computer hardware STOLEN from India’s first indigenous aircraft carrier

18 hours ago DieselGasoil Comments Off on No Apple Store nearby? Computer hardware STOLEN from India’s first indigenous aircraft carrier
When it comes to computer heists, you might expect criminals to target their local electronics store. But in India, an enterprising thief (or group of crooks) managed to swipe hardware from… an aircraft carrier. Police are currently probing the theft of a hard disk, random access memory (RAM) and processor from four computers recently installed Read More