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Trump wishes Flynn 'good luck' ahead of sentencing

13 mins ago DieselGasoil Comments Off on Trump wishes Flynn 'good luck' ahead of sentencing
Donald Trump has wished his former national security adviser Michael Flynn “good luck” in court as he awaits sentencing for lying to the FBI. Earlier, it emerged that Flynn lied about his contact with a former Russian ambassador to the US in an FBI interview described in a memo released by Special Counsel Robert Mueller. Read More

Equity markets edge up, oil drops, on growth worries ahead of Fed meeting

20 mins ago DieselGasoil Comments Off on Equity markets edge up, oil drops, on growth worries ahead of Fed meeting
NEW YORK (Reuters) – World stock markets inched higher on Tuesday as investors looked ahead to whether the U.S. Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for the global economy. Steep declines in equity markets over the last two months have sapped investor confidence, Read More

Facebook's Sandberg cites need to do more after reports of Russia meddling

1 hour ago DieselGasoil Comments Off on Facebook's Sandberg cites need to do more after reports of Russia meddling
FILE PHOTO: Facebook COO Sheryl Sandberg testifies before a Senate Intelligence Committee hearing on foreign influence operations on social media platforms on Capitol Hill in Washington, U.S., September 5, 2018. REUTERS/Joshua Roberts (Reuters) – Facebook Inc’s Chief Operating Officer Sheryl Sandberg said on Tuesday the company needs to step up its efforts to curb misinformation Read More

Oil will skyrocket to $300 if OPEC-Russia alliance disbanded, Saudi institute claims

2 hours ago DieselGasoil Comments Off on Oil will skyrocket to $300 if OPEC-Russia alliance disbanded, Saudi institute claims
Without the Organization of the Petroleum Exporting Countries (OPEC) the world will lose its safety net that stabilizes the oil market from supply disruptions and other shocks, according to Saudi independent energy think tank. “Our analysis shows that back in 2011-2012, when Libya experienced supply disruptions, prices for crude could go far above $200 per Read More

Tech stocks, upbeat earnings boost Wall Street; Fed in focus

2 hours ago DieselGasoil Comments Off on Tech stocks, upbeat earnings boost Wall Street; Fed in focus
(Reuters) – Wall Street rose on Tuesday, helped by technology stocks, upbeat earnings reports and a rebound in few bellwether stocks, while investors awaited clues on the Federal Reserve’s path for future rate hikes. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid Read More

Russia will easily design new missiles to defend itself if US pulls out of INF – Putin

4 hours ago DieselGasoil Comments Off on Russia will easily design new missiles to defend itself if US pulls out of INF – Putin
Russia may easily respond to the US withdrawal from the milestone INF Treaty by developing new types of land-based missiles, Vladimir Putin said, warning that Washington’s decision to pull out “is one step towards an arms race.” The Russian president reiterated that Moscow did not violate the Intermediate-Range Nuclear Forces Treaty (INF), but if Washington Read More

Trump pressures Fed before meeting, warns against 'another mistake'

4 hours ago DieselGasoil Comments Off on Trump pressures Fed before meeting, warns against 'another mistake'
FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve, speaks at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria/File Photo WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday further sought to pressure the Federal Reserve as the central bank Read More

Growth fears grip world markets ahead of Fed meeting

5 hours ago DieselGasoil Comments Off on Growth fears grip world markets ahead of Fed meeting
LONDON (Reuters) – World stock markets, the U.S. dollar and oil prices tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to deliver its fourth interest rate hike of the year. FILE PHOTO: A man looks at an electronic stock quotation board Read More

Futures climb heading into Fed meeting

5 hours ago DieselGasoil Comments Off on Futures climb heading into Fed meeting
(Reuters) – U.S. stock index futures climbed on Tuesday, following a rocky start to the week, as investors focus on a two-day meeting where the Federal Reserve is expected to raise interest rates for the fourth time this year and signal the path of future rate hikes. Traders work on the floor of the New Read More