newszine

'No-one is breaking out the champagne': emerging markets investors treading carefully

2 hours ago DieselGasoil Comments Off on 'No-one is breaking out the champagne': emerging markets investors treading carefully
LONDON (Reuters) – After plowing billions into emerging market equities since October, investors have started to show signs of hesitation, but an uptick in earnings expectations should reassure those hoping to capitalize on stronger economic growth in the emerging world. FILE PHOTO: A man is seen in front of an electronic board showing stock information Read More

EU singles out palm oil for removal from transport fuel

7 days ago DieselGasoil Comments Off on EU singles out palm oil for removal from transport fuel
BRUSSELS (Reuters) – The European Commission has concluded that palm oil cultivation results in excessive deforestation and its use in transport fuel should be phased out, setting the bloc on a collision course with major palm oil producers Malaysia and Indonesia. FILE PHOTO: A worker inspects oil palm fruits at a palm oil factory in Read More

In Ivory Coast, organic chocolate made with a bicycle

1 week ago DieselGasoil Comments Off on In Ivory Coast, organic chocolate made with a bicycle
ABIDJAN (Reuters) – Dana Mroueh’s chocolate factory is a rarity for Ivory Coast and not only because the world’s top cocoa grower produces precious little finished chocolate. In the middle of the floor of her company Mon Choco’s factory sits a grinding bike, surrounded by trays of carefully sorted cocoa beans. Poured in a funnel, Read More

Wine and shine: Scorching summer wilts Australia's grape crop

3 weeks ago DieselGasoil Comments Off on Wine and shine: Scorching summer wilts Australia's grape crop
SYDNEY (Reuters) – Australia’s hottest summer on record is hitting its $4.4 billion wine industry hard, with grape yields set to drop to the lowest in years and hopes the heat could produce tastier tipples starting to shrivel like fruit on some of the nation’s vines. FILE PHOTO: Shiraz grapes can be seen on vines Read More

Exclusive: Brazil's Odebrecht to propose bondholder losses of over 70 percent – sources

4 weeks ago DieselGasoil Comments Off on Exclusive: Brazil's Odebrecht to propose bondholder losses of over 70 percent – sources
The corporate logo of the Odebrecht SA construction conglomerate is pictured at its headquarters in Sao Paulo, Brazil August 3, 2018. REUTERS/Paulo Whitaker/File Photo SAO PAULO (Reuters) – Brazilian conglomerate Odebrecht SA next week will ask its bondholders to accept losses of more than 70 percent from their bonds’ face value as part of a Read More

Reality сheck: When life gives you lemons… make up bulls*** about Russia?

1 month ago DieselGasoil Comments Off on Reality сheck: When life gives you lemons… make up bulls*** about Russia?
Coverage of Russia in US media is frequently lazy, misinformed and inaccurate, but sometimes it dives off the deep end into bat s*** crazy absurdity. This was a real Forbes headline: “Want To Find A Rich Person In Russia? Look For The Lemons.”  Below the line, one Lizzy Saxe wrote “wealthy Russians really like to Read More

Yes, Netflix recorded and saved all the choices you made watching the ‘Bandersnatch’ movie

1 month ago DieselGasoil Comments Off on Yes, Netflix recorded and saved all the choices you made watching the ‘Bandersnatch’ movie
When Netflix released its choose-your-own-adventure ‘Black Mirror: Bandersnatch’ movie in December, viewers joked that the streaming service might be using it as an experiment to harvest data. Well, it turns out they were right. The ‘Bandersnatch’ movie offered viewers the ability to make choices for the characters by allowing them to pick between options presented Read More

Brazil mills likely to delay cane harvest due to weather, ethanol stocks

1 month ago DieselGasoil Comments Off on Brazil mills likely to delay cane harvest due to weather, ethanol stocks
SAO PAULO (Reuters) – Mills in Brazil’s center-south are likely to start harvesting the new sugar cane crop later than usual to allow cane fields to take advantage of late rains while holding excess ethanol stocks after over-producing last year, analysts and millers said. FILE PHOTO: A combine harvester cuts sugar cane in a field Read More

Australia's Incitec flags losses as Queensland flooding hits rail route

1 month ago DieselGasoil Comments Off on Australia's Incitec flags losses as Queensland flooding hits rail route
(Reuters) – Australia’s Incitec Pivot Ltd said on Monday it would face a weekly loss due to the closure of a rail line connecting the flood-hit city of Townsville in northern Queensland and its fertilizer plant. The industrial explosives maker said the rail closure would see about A$10 million ($7.08 million) a week wiped off Read More