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Lenovo fourth-quarter profit surges more than three-fold on strong PC sales

9 hours ago DieselGasoil Comments Off on Lenovo fourth-quarter profit surges more than three-fold on strong PC sales
FILE PHOTO: The Lenovo logo is seen in this illustration photo January 22, 2018. REUTERS/Thomas White/Illustration HONG KONG (Reuters) – China’s Lenovo Group reported a more than three-fold increase in its quarterly profit as strong computer sales helped the world’s largest personal computer (PC) maker to beat market expectations. Lenovo’s net profit in the quarter Read More

US, Canada to lift tariffs on steel, aluminum & more, stop litigation in WTO – joint statement

6 days ago DieselGasoil Comments Off on US, Canada to lift tariffs on steel, aluminum & more, stop litigation in WTO – joint statement
Washington and Ottawa have agreed to remove steel and aluminum tariffs as part of an agreement regulating the metal trade between the two neighbors, according to a joint statement. The US will lift the 25 percent tariff on steel imports and 10 percent tariff on aluminum President Donald Trump imposed against Canada back in late Read More

US, Canada to lift tariffs on steel, aluminum and more, stop litigation in WTO – joint statement

6 days ago DieselGasoil Comments Off on US, Canada to lift tariffs on steel, aluminum and more, stop litigation in WTO – joint statement
Washington and Ottawa have agreed to remove steel and aluminum tariffs as part of an agreement regulating the metal trade between the two neighbors, according to a joint statement. The US will lift its 25-percent tariff on steel imports and 10-percent tariff on aluminum President Donald Trump imposed against Canada back in late May 2018 Read More

Beyond Meat surges after coffee chain Tim Hortons adds vegan sausages to menu

1 week ago DieselGasoil Comments Off on Beyond Meat surges after coffee chain Tim Hortons adds vegan sausages to menu
(Reuters) – Shares of Beyond Meat rose as much as 16% on Wednesday after Canada’s Restaurant Brands International Inc’s coffee chain Tim Hortons said it will introduce three new sandwiches using the vegan burger marker’s plant-based sausages A giant digital display shows Beyond Meat (BYND) listed on the NASDAQ stock exchange during the company’s IPO Read More

Latest Permian basin oil supply surge to feed global markets

1 week ago DieselGasoil Comments Off on Latest Permian basin oil supply surge to feed global markets
By Sheela Tobben on 5/15/2019 NEW YORK (Bloomberg) — Exports of the Permian basin’s newest kind of oil are set to jump as production surges, exceeding the appetite of U.S. refiners. Sales of the new grade, known as West Texas Light, began in September, as explorers sought to separate out increasingly lighter and less sulfurous Read More

Islanders complain to U.N. over Australia’s climate change inaction

2 weeks ago DieselGasoil Comments Off on Islanders complain to U.N. over Australia’s climate change inaction
MELBOURNE (Reuters) – A group of islanders off Australia’s north coast are set to file a human rights complaint to the United Nations against the Australian government on Monday over inaction on climate change, which they say is threatening their homes, their lawyers said. The complaint by eight Torres Strait Islanders marks the first climate Read More

Asian economies to take over ‘7% Growth Club’ in 2020s, but China is not on the list

2 weeks ago DieselGasoil Comments Off on Asian economies to take over ‘7% Growth Club’ in 2020s, but China is not on the list
Asian countries are expected to be the main drivers of global growth through the next decade, with growth rates at around 7 percent. China, however, will be absent from the club, according to Standard Chartered predictions. Five of the seven rapidly growing economies will be in Asia, the bank’s analysts, Global Chief Economist David Mann Read More

U.S. job growth surges; unemployment rate drops to 3.6 %

3 weeks ago DieselGasoil Comments Off on U.S. job growth surges; unemployment rate drops to 3.6 %
WASHINGTON (Reuters) – U.S. job growth surged in April and the unemployment rate dropped to the lowest in nearly half a century, pointing to sustained strength in economic activity even as last year’s massive stimulus from Republican tax cuts and spending increases fades. The Labor Department’s closely watched monthly employment report on Friday showed the Read More

Instant View: U.S. April job growth surges, unemployment at 3.6%

3 weeks ago DieselGasoil Comments Off on Instant View: U.S. April job growth surges, unemployment at 3.6%
(Reuters) – U.S. job growth surged in April and the unemployment rate dropped to a more than 49-year low of 3.6 percent, pointing to solid economic growth. FILE PHOTO: A man walks into register at a military job fair in Sandy, Utah, U.S., March 26, 2019. REUTERS/George Frey KEY POINTS: ** Total payrolls rose 263,000 Read More

U.S. job growth surges; unemployment rate drops to 3.6 percent

3 weeks ago DieselGasoil Comments Off on U.S. job growth surges; unemployment rate drops to 3.6 percent
WASHINGTON (Reuters) – U.S. job growth surged in April and the unemployment rate dropped to a more than 49-year low of 3.6 percent, pointing to sustained strength in economic activity even as last year’s massive fiscal stimulus fades. FILE PHOTO: Job seekers and recruiters gather at TechFair in Los Angeles, California, U.S. March 8, 2018. Read More