newszine

Wall Street week ahead: Trade protection doesn’t have to exclude growth stocks

1 hour ago DieselGasoil Comments Off on Wall Street week ahead: Trade protection doesn’t have to exclude growth stocks
(Reuters) – The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don’t need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China. Some investors are seeking safety in domestic U.S. growth stocks ranging from software and online Read More

Wall St. edges higher after Trump sparks U.S.-China trade hopes

3 hours ago DieselGasoil Comments Off on Wall St. edges higher after Trump sparks U.S.-China trade hopes
NEW YORK (Reuters) – Wall Street’s major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. Trump said late on Thursday that he saw a resolution to the trade war with China “happening fast.” Read More

German appeals court rules in favor of VW diesel (gasoil) owners

8 hours ago DieselGasoil Comments Off on German appeals court rules in favor of VW diesel (gasoil) owners
The logo of Volkswagen carmaker is seen at the entrance of a showroom in Nice, France, April 8, 2019. REUTERS/Eric Gaillard FRANKFURT (Reuters) – A regional appeals court in Karlsruhe on Friday ruled that German Volkswagen dealers must take back cars fitted with illegal software devices or give their customers new vehicles. The case was Read More

Wall Street gains on trade reprieve ahead of long weekend

8 hours ago DieselGasoil Comments Off on Wall Street gains on trade reprieve ahead of long weekend
(Reuters) – U.S. stocks gained on Friday, ahead of a long Memorial day weekend, as investors breathed a sigh of relief after President Donald Trump indicated that the protracted trade war with China could end soon. Trump said on Thursday that Huawei Technologies Co Ltd could be included in the trade deal. However, no high-level Read More

Patriot games: Chinese dump iPhones & switch to domestic Huawei devices amid US crackdown

9 hours ago DieselGasoil Comments Off on Patriot games: Chinese dump iPhones & switch to domestic Huawei devices amid US crackdown
A growing number of former Apple devotees in China have started switching from iPhones to domestic Huawei smartphones as trade and technology tensions escalate between Washington and Beijing. The South China Morning Post reported that consumers were spurred by a rising “nationalist sentiment” to support the Chinese tech giant which has been blacklisted by the Read More

Singapore chases tech ‘Jedi Masters’ for Silicon Valley ambitions

14 hours ago DieselGasoil Comments Off on Singapore chases tech ‘Jedi Masters’ for Silicon Valley ambitions
SINGAPORE (Reuters) – San Francisco-based investor Paul Bragiel said he needed to be asked three or four times before he accepted an invitation from Singapore to come check out its tech scene. A man passes a Google signage outside their office in Singapore May 24, 2019. REUTERS/Edgar Su He made the 8,000-mile trip, but said Read More

Petrobras to deliver first VLCC cargo to its China bonded storage by end-June

16 hours ago DieselGasoil Comments Off on Petrobras to deliver first VLCC cargo to its China bonded storage by end-June
Singapore — Brazil’s Petrobras is scheduled to deliver a VLCC crude cargo to bonded storage facilities it has leased at Qingdao port in China’s eastern Shandong province by end-June, according to a port source with knowledge of the vessel and ship tracking data. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

U.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources

22 hours ago DieselGasoil Comments Off on U.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources
MONTREAL/FORT WORTH, Texas (Reuters) – The Federal Aviation Administration (FAA) expects to approve Boeing Co’s 737 MAX jet to return to service as soon as late June, representatives of the U.S. air regulator informed members of the United Nations’ aviation agency in a private briefing on Thursday, sources told Reuters. FILE PHOTO: An aerial photo Read More

Exclusive: U.S. airlines expect Boeing 737 MAX jets need up to 150 hours of work before flying again

1 day ago DieselGasoil Comments Off on Exclusive: U.S. airlines expect Boeing 737 MAX jets need up to 150 hours of work before flying again
CHICAGO (Reuters) – Once regulators approve Boeing Co’s grounded 737 MAX jets for flight, each aircraft will likely require between 100 and 150 hours of preparation before flying, officials from the three U.S. airlines that operate the MAX told Reuters. American Airlines Boeing 737 MAX jets sit parked at a facility in Tulsa, Oklahoma, U.S., Read More