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US protectionism leading global trade into ‘deep crisis’ – EU

22 mins ago DieselGasoil Comments Off on US protectionism leading global trade into ‘deep crisis’ – EU
The EU ambassador to the World Trade Organization (WTO) has lambasted Washington’s tariffs and protectionist trade policy. He called the US the “epicenter” of the crisis in the multilateral trading system. “The multilateral trading system is in a deep crisis and the United States is at its epicenter,” EU ambassador Marс Vanheukelen said on Monday Read More

Oil prices drop for third session as oversupply worries drag

1 hour ago DieselGasoil Comments Off on Oil prices drop for third session as oversupply worries drag
SINGAPORE (Reuters) – Oil prices fell more than $1 on Tuesday, dropping for a third session as reports of growing inventory and forecasts of record shale output in the United States stoked worries about oversupply. Pump jacks operate in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Read More

Asia shares sink as global growth worries deepen

2 hours ago DieselGasoil Comments Off on Asia shares sink as global growth worries deepen
TOKYO (Reuters) – Asian share markets sank on Tuesday as heightened worries about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. REUTERS/Toru Hanai MSCI’s broadest Read More

Oil prices fall for third straight session amid supply glut worries

4 hours ago DieselGasoil Comments Off on Oil prices fall for third straight session amid supply glut worries
SINGAPORE (Reuters) – Oil prices dropped over 1 percent on Tuesday, falling for a third straight session, as reports of inventory builds and forecasts of record shale output in the United States, currently the world’s biggest producer, stoked worries about oversupply. Pump jacks operate in an oil field in Midland, Texas U.S. August 22, 2018. Read More

T-Mobile, Sprint win U.S. security approvals for merger

4 hours ago DieselGasoil Comments Off on T-Mobile, Sprint win U.S. security approvals for merger
WASHINGTON (Reuters) – T-Mobile US Inc and Sprint Corp have won backing for their $26 billion merger from two national security reviews on Monday, clearing key hurdles in their tie-up bid. A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018. Read More

T-Mobile, Sprint get CFIUS approval for proposed merger

5 hours ago DieselGasoil Comments Off on T-Mobile, Sprint get CFIUS approval for proposed merger
A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018. REUTERS/Dado Ruvic/Illustration (Reuters) – T-Mobile US (TMUS.O) and Sprint Corp (S.N) have received approval from the Committee on Foreign Investment in the United States (CFIUS) for their proposed merger, the companies Read More

Asia stocks slide as global growth worries deepen

6 hours ago DieselGasoil Comments Off on Asia stocks slide as global growth worries deepen
TOKYO (Reuters) – Asian share markets slumped on Tuesday as heightened concerns about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. REUTERS/Toru Hanai MSCI’s broadest Read More

U.S. oil prices drop 1 percent on oversupply fears

7 hours ago DieselGasoil Comments Off on U.S. oil prices drop 1 percent on oversupply fears
SINGAPORE (Reuters) – U.S. oil prices fell 1 percent on Tuesday after slipping below $50 a barrel in the previous session, with reports of a big climb in U.S. inventories and forecasts of record shale output stoking worries about oversupply. Pump jacks operate in an oil field in Midland, Texas U.S. August 22, 2018. Picture Read More

World stocks slide as global growth worries deepen

7 hours ago DieselGasoil Comments Off on World stocks slide as global growth worries deepen
TOKYO (Reuters) – Asian share markets stumbled on Tuesday as heightened concerns about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. REUTERS/Toru Hanai MSCI’s broadest Read More

Chile prosecutors examine possible Iranian oil link to fumes that sent hundreds for treatment

9 hours ago DieselGasoil Comments Off on Chile prosecutors examine possible Iranian oil link to fumes that sent hundreds for treatment
SANTIAGO (Reuters) – Chilean law enforcement officials are investigating the delivery of Iranian crude oil to state energy company ENAP as a possible source of the noxious fumes that caused hundreds of people to seek hospital treatment in August, a prosecutors’ office told Reuters. Police and prosecutors raided ENAP’s oil Refinery and maritime port in Read More