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Carlos Ghosn sues Nissan-Mitsubishi in the Netherlands: paper

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FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei Kato AMSTERDAM (Reuters) – Carlos Ghosn has launched a court case in the Netherlands against Japanese carmakers Nissan Motor (7201.T) and Mitsubishi Motors (7211.T), who ousted him as chairman of their alliance last year on Read More

Oil climbs as Middle East tensions offset demand worries

2 days ago DieselGasoil Comments Off on Oil climbs as Middle East tensions offset demand worries
NEW YORK (Reuters) – Oil prices rose about 1 percent on Friday after steep losses a day earlier, supported by rising tensions between the United States and Iran, even as concerns that slowing economic growth could dent global oil demand cast a cloud. FILE PHOTO: An oil pump is seen at sunset outside Vaudoy-en-Brie, near Read More

Oil steadies as Middle East tensions counter demand worries, set for weekly fall

2 days ago DieselGasoil Comments Off on Oil steadies as Middle East tensions counter demand worries, set for weekly fall
NEW YORK (Reuters) – Oil prices steadied on Friday after steep losses in the previous session, supported by rising tensions between the United States and Iran, but weighed by concerns slowing economic growth could dent global oil demand. FILE PHOTO: An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. Read More

BlackRock profit misses estimates, hit by lower fees for lending stocks

2 days ago DieselGasoil Comments Off on BlackRock profit misses estimates, hit by lower fees for lending stocks
NEW YORK (Reuters) – BlackRock Inc (BLK.N), the world’s largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks. The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai The company, manager of Read More

Fed rate cut bets buoy stocks, dollar steadies

2 days ago DieselGasoil Comments Off on Fed rate cut bets buoy stocks, dollar steadies
LONDON (Reuters) – Global stocks rose on Friday as investors firmed up bets on a U.S. interest rate cut at the end of July after a speech by a top Federal Reserve official further cemented expectations for one, fuelling appetite for risky assets and capping the dollar. FILE PHOTO: The German share price index DAX Read More

AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar

2 days ago DieselGasoil Comments Off on AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar
BRUSSELS/LONDON (Reuters) – Anheuser-Busch InBev (ABI.BR), the world’s largest brewer, is selling its Australian operations to Japan’s Asahi (2502.T) for $11 billion and could revive the stalled flotation of its Asian business as it looks to cut debt. FILE PHOTO: The logo of Anheuser-Busch InBev is pictured inside the brewer’s headquarters in Leuven, Belgium, Feb. Read More

Deadly Japan fire: Arson suspect said animation studio ‘stole his novel’

3 days ago DieselGasoil Comments Off on Deadly Japan fire: Arson suspect said animation studio ‘stole his novel’
By Lucia Binding, news reporter A man suspected of killing 33 people in an arson attack at an animation studio in Japan reportedly started the fire because “he had been plagiarised”. According to local media reports, the 41-year-old told police he planned the deadly blaze after the company stole his novel. A witness told reporters Read More

Fed rate cut bets lift stocks, dollar steadies

3 days ago DieselGasoil Comments Off on Fed rate cut bets lift stocks, dollar steadies
LONDON (Reuters) – Global stocks rose on Friday as investors firmed up bets on a U.S. interest rate cut at the end of July after a speech by a top Federal Reserve official further cemented expectations for one, fuelling appetite for risky assets and capping the dollar. FILE PHOTO: The German share price index DAX Read More

IEA ‘significantly’ concerned on Strait of Hormuz, sees well-supplied oil markets: Birol

3 days ago DieselGasoil Comments Off on IEA ‘significantly’ concerned on Strait of Hormuz, sees well-supplied oil markets: Birol
New Delhi — The International Energy Agency is “significantly” concerned about geopolitical tensions, including in the Strait of Hormuz, but oil markets are currently well supplied and unlikely to see “huge price increases for now,” the head of the agency said Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Japan says ‘seriously concerned’ on Middle East tensions after US announcement on drone

3 days ago DieselGasoil Comments Off on Japan says ‘seriously concerned’ on Middle East tensions after US announcement on drone
Tokyo — Japan is “seriously concerned” about rising Middle East tensions in the wake of the US announcement of the shooting down of an Iranian drone in the Strait of Hormuz, Deputy Chief Cabinet Secretary Yasutoshi Nishimura said Friday, as risks to oil flows remain high. Not registered? Receive daily email alerts, subscriber notes & Read More