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Australian, Indian elections boost Asian shares, trade fears ease

2 days ago DieselGasoil Comments Off on Australian, Indian elections boost Asian shares, trade fears ease
SHANGHAI (Reuters) – Asian shares clawed back some of last week’s losses as investors cheered apparent election wins for conservative incumbents in Australia and India, while broader global trade worries eased after Washington offered to lift some tariffs in North America. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index Read More

IATA chief says trade tensions to hit 2019 airline profit outlook

5 days ago DieselGasoil Comments Off on IATA chief says trade tensions to hit 2019 airline profit outlook
Association (IATA) Director General and CEO Alexandre de Juniac speaks during the Global Media Day in Geneva, Switzerland, December 5, 2017. REUTERS/Pierre Albouy.PARIS (Reuters) – The head of global airlines lobby IATA warned on Thursday of lower industry forecasts for 2019, triggered by increasing trade tensions and higher costs. In December, the International Air Transport Read More

Weak U.S. retail sales point to slowing economy

6 days ago DieselGasoil Comments Off on Weak U.S. retail sales point to slowing economy
WASHINGTON (Reuters) – U.S. retail sales unexpectedly fell in April as households cut back on purchases of motor vehicles and a range of other goods, pointing to a slowdown in economic growth after a temporary boost from exports and inventories in the first quarter. Automobiles are shown for sale at a car dealership in Carlsbad, Read More

Asian shares fall to three-and-a-half month low as trade war escalates

1 week ago DieselGasoil Comments Off on Asian shares fall to three-and-a-half month low as trade war escalates
SHANGHAI (Reuters) – Fresh U.S.-China tariff war volleys pressured Asian shares on Tuesday, but comments from U.S. President Donald Trump that he expects trade negotiations to be successful aided sentiment. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage in Tokyo, Read More

U.S. goods trade deficit with China tumbles to five-year low

2 weeks ago DieselGasoil Comments Off on U.S. goods trade deficit with China tumbles to five-year low
WASHINGTON (Reuters) – The U.S. goods trade deficit with China, a focus of the White House’s “America First” agenda, shrank to its smallest in five years in March, which could embolden President Donald Trump as he escalates his trade war on Beijing. FILE PHOTO: An aerial photo shows the Cap Jackson container ship, currently sailing Read More

World stocks climb after U.S. payrolls data tops views; dollar falls with inflation comments

3 weeks ago DieselGasoil Comments Off on World stocks climb after U.S. payrolls data tops views; dollar falls with inflation comments
NEW YORK (Reuters) – Global equity markets rallied on Friday, buoyed by a U.S. payrolls report that blew past expectations, while the dollar weakened after several Federal Reserve officials voiced concerns about low inflation. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2019. REUTERS/Brendan McDermid Read More

World stocks climb, dollar dips in wake of U.S. payrolls report

3 weeks ago DieselGasoil Comments Off on World stocks climb, dollar dips in wake of U.S. payrolls report
NEW YORK (Reuters) – Global equity markets climbed on Friday, buoyed by a U.S. payrolls report that blew past expectations, while the dollar weakened after comments on inflation from some Federal Reserve officials. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2019. REUTERS/Brendan McDermid U.S. Read More

Berkshire Hathaway has been buying Amazon shares: CNBC

3 weeks ago DieselGasoil Comments Off on Berkshire Hathaway has been buying Amazon shares: CNBC
FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, at the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking (Reuters) – Berkshire Hathaway Inc has been buying shares of Amazon.com Inc, according to Chief Executive Officer Warren Buffett, CNBC reported on Thursday. “One of the fellows in the office that Read More

Stocks slip, dollar drifts after Fed dents rate cut hopes

3 weeks ago DieselGasoil Comments Off on Stocks slip, dollar drifts after Fed dents rate cut hopes
LONDON (Reuters) – Europe’s share markets struggled on Thursday and the dollar and bond yields trimmed overnight gains made after the U.S. Federal Reserve dampened bets that it might be readying its first interest rate cut in years. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Read More

Futures eke out gains as investors look past Fed decision

3 weeks ago DieselGasoil Comments Off on Futures eke out gains as investors look past Fed decision
(Reuters) – U.S. stock index futures were modestly higher on Thursday, as investors looked past the Federal Reserve’s patient stance on monetary policy and awaited more earnings reports. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 13, 2019. REUTERS/Brendan McDermid/File Photo The benchmark S&P Read More