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Global stocks climb on muted trade hopes, dollar slips

2 days ago DieselGasoil Comments Off on Global stocks climb on muted trade hopes, dollar slips
NEW YORK (Reuters) – World equity markets rebounded on Friday from the previous day’s sharp fall, boosted after U.S. President Donald Trump said complaints against China’s Huawei Technologies might be resolved within the framework of a Sino-U.S. trade deal. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

SDLP – Seadrill Partners LLC Announces First Quarter 2019 Results

3 days ago DieselGasoil Comments Off on SDLP – Seadrill Partners LLC Announces First Quarter 2019 Results
Highlights Operating revenue of $203.7 million.  Operating income of $34.9 million.  Net loss of $51.3 million Adjusted EBITDA of $109.0 million.  Cash and cash equivalents of $772.9 million. Economic utilization of 97%.  Order backlog of $755 million as of May 23, 2019. 1 cent per common unit distribution for the first quarter of 2019. Financial Read More

Aston Martin falls 5% in its London IPO

4 days ago DieselGasoil Comments Off on Aston Martin falls 5% in its London IPO
You could own James Bond’s car Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion. But its first day of trading in London got off to a rocky start. The favorite carmaker of fictional British secret service agent James Bond priced its Read More

Tesla stock worth just $10 in worst case: Morgan Stanley

5 days ago DieselGasoil Comments Off on Tesla stock worth just $10 in worst case: Morgan Stanley
A Tesla Model 3 sedan, its first car aimed at the mass market, is displayed during its launch in Hawthorne, California, U.S. March 31, 2016. REUTERS/Joe White – (Reuters) – Further falls in Tesla Inc’s share price increase its chances of being sold in the years ahead, Morgan Stanley analysts said on Tuesday, as they Read More

Lions Gate offered to sell Starz to CBS for $5.5 billion: sources

1 week ago DieselGasoil Comments Off on Lions Gate offered to sell Starz to CBS for $5.5 billion: sources
(Reuters) – Lions Gates Entertainment offered to sell cable channel Starz to CBS Corp for $5.5 billion after rebuffing a lower offer, two sources familiar with the matter told Reuters. FILE PHOTO: The CBS “eye” and logo are seen outside the CBS Broadcast Center on West 57th St. in Manhattan, New York, U.S., April 29, Read More

CBS made informal offer to buy Starz: The Information

1 week ago DieselGasoil Comments Off on CBS made informal offer to buy Starz: The Information
FILE PHOTO: The CBS “eye” and logo are seen outside the CBS Broadcast Center on West 57th St. in Manhattan, New York, U.S., April 29, 2016. REUTERS/Brendan McDermid/File Photo (Reuters) – CBS Corp has expressed interest in acquiring cable channel Starz from Lions Gate Entertainment, the Information reported on Friday, citing four people familiar with Read More

Amazon squares up to Uber with backing for UK food app Deliveroo

1 week ago DieselGasoil Comments Off on Amazon squares up to Uber with backing for UK food app Deliveroo
LONDON (Reuters) – Amazon has led a funding round in British online food delivery company Deliveroo, pitting itself against Uber Eats and other smaller providers in an escalating battle to deliver takeaway meals. A Deliveroo scooter driver takes a break between deliveries in London, Britain June 8, 2018. REUTERS/Simon Dawson The news that the world’s Read More

SoftBank leads $200 million investment in India’s Grofers

2 weeks ago DieselGasoil Comments Off on SoftBank leads $200 million investment in India’s Grofers
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo BENGALURU (Reuters) – Japan’s SoftBank Group Corp has led an investment round of more than $200 million in online grocery startup Grofers India through its Vision Fund, the New Delhi-based company Read More

Disney takes control of Hulu to challenge Netflix, Amazon

2 weeks ago DieselGasoil Comments Off on Disney takes control of Hulu to challenge Netflix, Amazon
(Reuters) – Walt Disney Co said it will take full control of the Hulu service in a deal with Comcast Corp, as it vies for a bigger piece of the global video streaming market dominated by companies such as Netflix Inc. FILE PHOTO: The entrance gate to The Walt Disney Co is pictured in Burbank, Read More