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Magnitude 6.6 quake strikes off Indonesia's Sumbawa: USGS

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SINGAPORE (Reuters) – An earthquake of magnitude 6.6 struck south of the Indonesian town of Raba, off the central island of Sumbawa, the U.S. Geological Survey said, the second quake to hit the area on Tuesday. There was no immediate tsunami warning or reports of damage or casualties from the quake, which hit at a Read More

Asian shares, U.S. stock futures dented by growth worries

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SYDNEY (Reuters) – Asian shares and U.S. stock futures slipped on Tuesday as pessimism about world growth drove investors away from risky assets, while sterling dithered as the latest plan for Brexit appeared to come and go with no progress. FILE PHOTO: A woman walks in strong wind caused by Typhoon Lan, past an electronic Read More

Oil prices edge down as global growth worries threaten demand

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An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. REUTERS/Rick Wilking/File Photo SYDNEY (Reuters) – Oil prices edged lower on Tuesday as concerns over global economic growth stoked fears over future demand. International Brent crude oil futures were down 10 cents, or 0.2 percent, Read More

Magnitude 6 quake hits Indonesia, no immediate reports of damage

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SINGAPORE (Reuters) – An earthquake of magnitude 6 struck south of the city of Raba on Indonesia’s central island of Sumbawa on Tuesday, the U.S. Geological Survey (USGS) said. There was no immediate tsunami warning or reports of damage or casualties from the quake, which hit at a depth of 25 km (16 miles) about Read More

Asian shares, U.S. stock futures slip as growth worries loom

5 hours ago DieselGasoil Comments Off on Asian shares, U.S. stock futures slip as growth worries loom
SYDNEY (Reuters) – Asian shares and U.S. stock futures slipped on Tuesday amid signs of pessimism about world growth, while sterling dithered as the latest plan for Brexit appeared to come and go with no progress. A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside Read More

'Pessimism and uncertainty' as the risk of a global downturn looms

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The world is at risk of an economic downturn if slowdowns in China, America or Europe ripple round the globe, according to the global chairman of consultancy giant PwC. Bob Moritz told Sky News that the world was “too integrated” for there not be contagion from problems in “the US, China, Brexit, or the EU”. Read More

'A List' climate change firms outperform on stock market: survey

5 hours ago DieselGasoil Comments Off on 'A List' climate change firms outperform on stock market: survey
OSLO (Reuters) – Apple, L’Oreal and Mitsubishi Electric are among more than 120 global firms which scored top marks in a ranking of corporate efforts to slow climate change. FILE PHOTO: An Apple company logo is seen behind tree branches outside an Apple store in Beijing, China December 14, 2018. REUTERS/Jason Lee/File Photo Many companies Read More

Quake of magnitude 6 strikes south of Indonesia's Sumbawa: USGS

5 hours ago DieselGasoil Comments Off on Quake of magnitude 6 strikes south of Indonesia's Sumbawa: USGS
SINGAPORE (Reuters) – An earthquake of magnitude 6 struck south of the city of Raba on Indonesia’s central island of Sumbawa on Tuesday, the U.S. Geological Survey said. There was no immediate tsunami warning or reports of damage or casualties from the quake, which hit at a depth of 25 km (16 miles) about 219 Read More

Japan firms have no plans to strengthen governance after Ghosn arrest: Reuters poll

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TOKYO (Reuters) – Three-quarters of Japanese companies have no plan to create committees overseeing compensation or executive nomination, a Reuters poll found, reflecting indifference to boosting governance after the arrest of former Nissan boss Carlos Ghosn. FILE PHOTO: Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, reacts during a news conference in Paris, France, Read More