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Wall St. lower as tech stocks sell-off on Huawei fallout worries

29 mins ago DieselGasoil Comments Off on Wall St. lower as tech stocks sell-off on Huawei fallout worries
(Reuters) – U.S. stocks fell on Monday, as Washington’s crackdown on China’s Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world’s two largest economies. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 20, 2019. REUTERS/Brendan Read More

Wall St. drops as tech stocks tumble on Huawei fallout fears

1 hour ago DieselGasoil Comments Off on Wall St. drops as tech stocks tumble on Huawei fallout fears
(Reuters) – U.S. stocks fell on Monday, as a crackdown on China’s Huawei Technologies raised concerns of a bigger impact on chipmakers and added to fears of an escalation in trade war between the two nations. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. Read More

Tech stocks drag Wall Street lower at open

2 hours ago DieselGasoil Comments Off on Tech stocks drag Wall Street lower at open
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan McDermid (Reuters) – The Nasdaq Composite index fell more than 1% at the open on Monday, weighed down by fears about the impact on major technology companies from the United States’ crackdown on China’s Huawei Read More

U.S. President Donald Trump likes fossil fuels but investors don’t

3 hours ago DieselGasoil Comments Off on U.S. President Donald Trump likes fossil fuels but investors don’t
By Matthew A. Winkler on 5/20/2019 Photo: U.S. President Donald Trump. NEW YORK (Bloomberg Opinion) — Fossil fuel never had a better friend in the White House than Donald Trump. So why, two years into his presidency, are investors favoring public companies devoted to renewable energy and giving the Bronx cheer to the coal, gas Read More

Huawei pledges to continue Android device support after rebuff from Google

3 hours ago DieselGasoil Comments Off on Huawei pledges to continue Android device support after rebuff from Google
Tech giant Huawei has vowed to continue support services for customers of its Android-using tablets and smartphones after Google said it was cutting ties with the Chinese firm accused by Washington of spying for Beijing. In a company statement released Monday, Huawei said it had made “substantial contributions” to the development and growth of the Read More

Chinese farm stocks gaining as US-China trade war escalates

4 hours ago DieselGasoil Comments Off on Chinese farm stocks gaining as US-China trade war escalates
The latest exchange of tariff hikes between Washington and Beijing have driven Chinese banking and tech stocks lower. However, the turmoil has benefited the country’s agricultural sector which managed to outperform. The long-running trade dispute between the world’s largest economies has intensified recently, adding to investor concerns. Earlier this month, US President Donald Trump announced Read More

Huawei will continue security support for Android smartphones

6 hours ago DieselGasoil Comments Off on Huawei will continue security support for Android smartphones
LONDON (Reuters) – Huawei said on Monday it would continue to provide security updates and services for its smartphones and tablets after being barred from Google updates to its Android operating system. A 3-D printed Android logo is seen in front of a displayed Huawei logo in this illustration picture May 20, 2019. REUTERS/Dado Ruvic/Illustration Read More

Australian, Indian elections boost Asian shares, trade fears ease

9 hours ago DieselGasoil Comments Off on Australian, Indian elections boost Asian shares, trade fears ease
SHANGHAI (Reuters) – Asian shares clawed back some of last week’s losses as investors cheered apparent election wins for conservative incumbents in Australia and India, while broader global trade worries eased after Washington offered to lift some tariffs in North America. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index Read More

China’s farm stocks defy Sino-U.S. trade rout on local demand expectations

10 hours ago DieselGasoil Comments Off on China’s farm stocks defy Sino-U.S. trade rout on local demand expectations
SHANGHAI (Reuters) – The fresh escalation in the long-running Sino-U.S. trade dispute prompted a sharp selloff in Chinese markets last week with the yuan and banking and tech stocks hit particularly hard though some sectors, like farming, managed to outperform. FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, Read More

TGS and PGS announce Torngat 3D offshore East Canada

10 hours ago DieselGasoil Comments Off on TGS and PGS announce Torngat 3D offshore East Canada
ASKER, NORWAY(17 May 2019) – TGS and PGS announce the Torngat 3D multi-client project in Offshore East Canada. Torngat 3D will cover approximately 3,287 km2 and encompasses sections of the open acreage included in the Labrador South November 2021 bid round. PGS’ Ramform Titan will perform the acquisition, utilizing Geostreamer® technology. The project is expected Read More