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Wall Street edges lower as trade-fueled rally loses steam

4 hours ago DieselGasoil Comments Off on Wall Street edges lower as trade-fueled rally loses steam
(Reuters) – U.S. stocks edged lower in volatile trading on Thursday, as a rally sparked by progress in U.S.-China trade talks faded, with investors preferring defensive sectors such as real estate and utilities. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid Wall Read More

Cenovus’s 2019 budget demonstrates cost leadership and capital discipline

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CALGARY, Alberta, Dec. 11, 2018 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) remains committed to increasing shareholder value through cost leadership, capital discipline and safe and reliable operations. These commitments, in combination with the company’s high-quality upstream assets and joint ownership in strong Refining assets, are expected to further strengthen Cenovus’s ability Read More

Bug business: Cockroaches corralled by the millions in China to crunch waste

4 days ago DieselGasoil Comments Off on Bug business: Cockroaches corralled by the millions in China to crunch waste
JINAN, China (Reuters) – In the near pitch-dark, you can hear them before you see them – millions of cockroaches scuttling and fluttering across stacks of wooden boards as they devour food scraps by the tonne in a novel form of urban waste disposal. The air is warm and humid – just as cockroaches like Read More

Investors managing $32 trillion in assets call for action on climate change

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LONDON (Reuters) – Global investors managing $32 trillion in assets have called on governments to accelerate steps to combat climate change, as policymakers meet for talks at a United Nations conference in Poland. FILE PHOTO: Smoke and steam billows from Belchatow Power Station, Europe’s largest coal-fired power plant operated by PGE Group, near Belchatow, Poland Read More

Canadian Natural Resources Limited Announces 2019 Budget

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CALGARY, Alberta, Dec. 05, 2018 (GLOBE NEWSWIRE) — Commenting on the Company’s 2019 budget, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, “Canadian Natural’s large, diverse, balanced and flexible asset base provides a unique opportunity for the Company to allocate capital to the highest return projects to maximize shareholder value. Canadian Natural’s robust, long life Read More

Amazon briefly edges out Apple for most valuable company

1 week ago DieselGasoil Comments Off on Amazon briefly edges out Apple for most valuable company
FILE PHOTO: The Amazon fulfillment center is seen in Robbinsville, New Jersey, Nov. 26, 2018. REUTERS/Shannon Stapleton/File Photo SAN FRANCISCO (Reuters) – Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple Inc. Amazon rose by 4.7 percent at one point, putting Read More

Amazon.com briefly becomes Wall Street's most valuable company

1 week ago DieselGasoil Comments Off on Amazon.com briefly becomes Wall Street's most valuable company
FILE PHOTO – The Amazon logo is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration/File Photo SAN FRANCISCO (Reuters) – Amazon.com (AMZN.O) briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp (MSFT.O) dethroned long-time leader Apple (AAPL.O). Amazon rose as much as 4.7 percent, Read More

Pressure mounts to bury carbon emissions, but who will pay?

2 weeks ago DieselGasoil Comments Off on Pressure mounts to bury carbon emissions, but who will pay?
LONDON (Reuters) – When countries gather on Sunday to hammer out how they will enact pledges to cut carbon emissions, a Norwegian-led oil consortium will offer a solution: pump some of your excess carbon dioxide to us and we could store it for you. Smoke and steam billows from Belchatow Power Station, Europe’s largest coal-fired Read More

Cyber Monday on track for U.S. online shopping record

2 weeks ago DieselGasoil Comments Off on Cyber Monday on track for U.S. online shopping record
(Reuters) – Cyber Monday was on track to bring in a record $7.8 billion in U.S. online sales, as millions of shoppers scoured for steep discounts on everything from Lego sets to big-screen TVs. The marketing event was expected to pick up steam this evening as West Coast shoppers nab deals after work and those Read More