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Syngenta profits hit by U.S./China trade wars, bad weather

2 days ago DieselGasoil Comments Off on Syngenta profits hit by U.S./China trade wars, bad weather
ZURICH (Reuters) – Agricultural chemical maker Syngenta on Friday reported a 34% fall in first-half net income, showing the impact of U.S. trade disputes with China and Mexico as well as bad weather in some of its markets. FILE PHOTO: The logo of Swiss agrochemicals maker Syngenta is seen on a farm in the village Read More

Callon to acquire Carrizo in $3.2-billion stock transaction

6 days ago DieselGasoil Comments Off on Callon to acquire Carrizo in $3.2-billion stock transaction
7/15/2019 HOUSTON — Callon Petroleum Company and Carrizo Oil & Gas announced that their boards of directors have unanimously approved a definitive agreement under which Callon will acquire Carrizo in an all-stock transaction valued at $3.2 billion. This highly complementary combination will create a leading oil and gas company with scaled development operations across a Read More

‘Life-threatening’ Tropical Storm Barry grinds toward Louisiana

1 week ago DieselGasoil Comments Off on ‘Life-threatening’ Tropical Storm Barry grinds toward Louisiana
NEW ORLEANS (Reuters) – City officials warned New Orleans residents on Friday to secure their homes, stock up on supplies and prepare to huddle indoors with Tropical Storm Barry poised to make landfall as the first Atlantic hurricane of 2019. Barry’s maximum sustained winds were clocked at 65 miles per hour (100 kph) as it Read More

Asia stocks gain, dollar droops as Fed chair sets stage for rate cut

2 weeks ago DieselGasoil Comments Off on Asia stocks gain, dollar droops as Fed chair sets stage for rate cut
TOKYO (Reuters) – Asian stocks gained and the dollar drooped on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month. FILE PHOTO: A woman walks past an electric screen showing world markets indices outside a brokerage in Tokyo, Japan, July 1, 2019. REUTERS/Issei Kato In an Read More

Asia stocks rise, dollar sags as Fed chair sets stage for rate cut

2 weeks ago DieselGasoil Comments Off on Asia stocks rise, dollar sags as Fed chair sets stage for rate cut
TOKYO (Reuters) – Asian stocks rose and the dollar sagged on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month. FILE PHOTO: A woman walks past an electric screen showing world markets indices outside a brokerage in Tokyo, Japan, July 1, 2019. REUTERS/Issei Kato In an Read More

Heavy rains flood New Orleans streets in taste of storm ahead

2 weeks ago DieselGasoil Comments Off on Heavy rains flood New Orleans streets in taste of storm ahead
(Reuters) – New Orleans was hit with widespread flooding on Wednesday from heavy rain spawned from a weather system that forecasters warned could grow into a hurricane capable of causing severe inundation of the low-lying U.S. city. The weather system churning in the Gulf of Mexico is expected to intensify this week into the second Read More

S&P 500 breaks through 3,000 following Powell comments

2 weeks ago DieselGasoil Comments Off on S&P 500 breaks through 3,000 following Powell comments
NEW YORK (Reuters) – The benchmark S&P 500 briefly crossed the 3,000-point mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell boosted the case for an interest rate cut later this month. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Wall St. hits record on Powell’s comments; S&P 500 crosses 3,000

2 weeks ago DieselGasoil Comments Off on Wall St. hits record on Powell’s comments; S&P 500 crosses 3,000
(Reuters) – The benchmark S&P 500 briefly crossed the 3,000 points mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell bolstered the case for an interest rate cut later this month. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July Read More

The $280,000 lab-grown burger could be a more palatable $10 in two years

2 weeks ago DieselGasoil Comments Off on The $280,000 lab-grown burger could be a more palatable $10 in two years
MADRID/ZURICH (Reuters) – Lab-grown meat, first introduced to the world six years ago in the form of a $280,000 hamburger, could hit supermarket shelves at $10 a patty within two years, European start-ups told Reuters. Mercedes Vila, co-founder of Biotech Foods, works in the company’s laboratory in San Sebastian, Spain, June 19, 2019. REUTERS/Vincent West Read More

Factbox: Deutsche Bank staff react to 18,000 global job cuts

2 weeks ago DieselGasoil Comments Off on Factbox: Deutsche Bank staff react to 18,000 global job cuts
HONG KONG (Reuters) – Whole teams at Deutsche Bank were told on Monday their jobs had been axed as it began 18,000 job cuts globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis. People walk past a Deutsche Bank office in London, Britain July 8, 2019. Read More