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Fukushima owner to allow overseas staff to work on disaster cleanup

2 hours ago DieselGasoil Comments Off on Fukushima owner to allow overseas staff to work on disaster cleanup
TOKYO (Reuters) – Tokyo Electric Power plans to allow overseas workers coming to Japan under a new visa program to work on the cleanup of its wrecked Fukushima nuclear power station north of Tokyo, a spokeswoman said on Friday. The company, known as Tepco, has held discussions with the many sub-contractors working on the site Read More

Oil prices inch up on signs of tighter global supply

4 hours ago DieselGasoil Comments Off on Oil prices inch up on signs of tighter global supply
NEW YORK (Reuters) – Oil futures edged up on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices. FILE PHOTO: An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February Read More

Stocks mixed as strong U.S. retail sales offset weak European manufacturing data

9 hours ago DieselGasoil Comments Off on Stocks mixed as strong U.S. retail sales offset weak European manufacturing data
NEW YORK (Reuters) – A gauge of global stocks fell on Thursday after underwhelming manufacturing surveys from Asia and Europe, though it pared losses as Wall Street edged higher on strong U.S. retail sales data and earnings from industrial companies. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Read More

Stocks mixed as strong U.S. retail sales offsets weak European manufacturing data

11 hours ago DieselGasoil Comments Off on Stocks mixed as strong U.S. retail sales offsets weak European manufacturing data
NEW YORK (Reuters) – A gauge of global stocks fell on Thursday after underwhelming manufacturing surveys from Asia and Europe, though they pared losses as Wall Street edged higher on strong U.S. retail sales data and earnings from industrial companies. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Read More

Poor PMIs wipe week’s gains off global shares

17 hours ago DieselGasoil Comments Off on Poor PMIs wipe week’s gains off global shares
LONDON (Reuters) – Global shares erased this week’s gains on Thursday after weak manufacturing surveys from Asia and Europe stoked fears of a widespread slowdown in growth, adding to profit-taking ahead of the long Easter weekend. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. Read More

Amazon, facing entrenched rivals, says to shut China online store

21 hours ago DieselGasoil Comments Off on Amazon, facing entrenched rivals, says to shut China online store
SAN FRANCISCO/BEIJING/HONG KONG (Reuters) – Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. The move underscores how entrenched, home-grown e-commerce rivals have made it difficult for Amazon’s Read More

Stocks erase week’s gains after weak manufacturing surveys

21 hours ago DieselGasoil Comments Off on Stocks erase week’s gains after weak manufacturing surveys
LONDON (Reuters) – Global shares erased this week’s gains on Thursday after weak manufacturing surveys from Asia and Europe stoked fears of a slowdown in global growth, adding to profit taking ahead of the long Easter weekend. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a brokerage in Read More

Oil prices slip, but ongoing supply cuts support

22 hours ago DieselGasoil Comments Off on Oil prices slip, but ongoing supply cuts support
TOKYO/SYDNEY (Reuters) – Oil markets fell on Thursday despite a surprise decline in U.S. inventories, but the price drops were tempered by a smaller-than-expected reduction in gasoline stocks and ongoing OPEC-led supply cuts. FILE PHOTO: A seagull flies in front of an oil platform in the Bouri Oilfield some 70 nautical miles north of the Read More

Asian shares off nine-month peak, European PMIs in focus

1 day ago DieselGasoil Comments Off on Asian shares off nine-month peak, European PMIs in focus
TOKYO (Reuters) – Asian shares slipped on Thursday after losses on Wall Street but trade was subdued as investors awaited business surveys in Europe and largely stayed on the sidelines ahead of the long Easter weekend holiday. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a brokerage in Read More

Oil prices slip amid ample U.S. output, Brent drifts away from five-month high

1 day ago DieselGasoil Comments Off on Oil prices slip amid ample U.S. output, Brent drifts away from five-month high
TOKYO/SYDNEY (Reuters) – Oil prices dropped on Thursday as the impact of plentiful U.S. production offset a surprise decline in U.S. inventories, leaving international benchmark Brent retreating from a five-month high touched in the previous session. FILE PHOTO: A seagull flies in front of an oil platform in the Bouri Oilfield some 70 nautical miles Read More