newszine

Even after sell-off, Blackstone's Wien avoids gloom on U.S. stocks

2 days ago DieselGasoil Comments Off on Even after sell-off, Blackstone's Wien avoids gloom on U.S. stocks
NEW YORK (Reuters) – U.S. stocks have been battered over the last few weeks but a senior executive at Blackstone Group LP, one of the world’s most influential asset managers, said there is no cause to be overly worried about next year. Byron Wien, Vice Chairman of Private Wealth Solutions group, speaks during the Reuters Read More

U.S. recession unlikely before 2020, and then 'wok' shaped

2 days ago DieselGasoil Comments Off on U.S. recession unlikely before 2020, and then 'wok' shaped
NEW YORK (Reuters) – U.S. President Donald Trump may just escape having to grapple with a recession before the U.S. Presidential elections in 2020, with investors saying it is unlikely one will occur before then. Joachim Fels, Managing Director at PIMCO, speaks during the Reuters Global Investment Outlook Summit in New York, U.S., November 13, Read More

Paradigm Group expands with Offices in China and the Middle East

2 days ago DieselGasoil Comments Off on Paradigm Group expands with Offices in China and the Middle East
11/13/2018 THE NETHERLANDS — Paradigm Group, the global Dutch innovation and technology company, for the upstream oil and gas industry, has recently opened offices in both China and the Middle East to cater for an increase in international sales and service demand. ChunSheng Fan known as “Fan” is heading up the Paradigm Group operations from Read More

Wall Street gives up early gains as energy weighs on stocks

2 days ago DieselGasoil Comments Off on Wall Street gives up early gains as energy weighs on stocks
NEW YORK (Reuters) – Wall Street struggled for momentum on Tuesday, giving up early gains as a rebound in technology stocks and renewed hope for progress in trade talks were offset by drops in Boeing and energy stocks. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Read More

Rabobank explores sale of U.S. retail, wealth operations: sources

3 days ago DieselGasoil Comments Off on Rabobank explores sale of U.S. retail, wealth operations: sources
The Rabobank logo is seen at the entrance of its headquarters in Utrecht, Netherlands August 21, 2018. REUTERS/Eva Plevier (Reuters) – Dutch cooperative lender Rabobank is exploring the sale of its retail and wealth management operations in the United States in a deal that could top $1 billion, people familiar with the matter said on Read More

US kleptocrats & multinationals rip off taxpayers by parking billions offshore – economist to RT

3 days ago DieselGasoil Comments Off on US kleptocrats & multinationals rip off taxpayers by parking billions offshore – economist to RT
Tax havens are used as an instrument to increase the profitability of US multinationals at the expense of the public, according to investigative economist and lawyer James Henry. He told RT that there’s a tiny group of the world’s elite professionals, banks, law firms, and accounting firms that make a nice living from the global Read More

Russia excels in ditching dollar ahead of pending US sanctions against country’s financial system

3 days ago DieselGasoil Comments Off on Russia excels in ditching dollar ahead of pending US sanctions against country’s financial system
The list of the countries currently taking active steps towards eliminating their economic reliance on the US dollar is growing. Russia has joined a league of nations is making a lot of headway with the task, the WSJ reports. The share of foreign currency in corporate and personal deposits in Russia has declined to 26 Read More

Disappointing third-quarter earnings another blow to battered European market

4 days ago DieselGasoil Comments Off on Disappointing third-quarter earnings another blow to battered European market
LONDON (Reuters) – European companies are delivering their most disappointing earnings in nearly three years as a sluggish economy and rising costs take their toll on bottom lines, dealing another blow to investor confidence shaken by Italy’s budget crisis and Brexit. FILE PHOTO: The German share price index DAX graph is pictured at the stock Read More

Exclusive: Softbank's Saudi-backed Vision Fund to raise $4 billion in debt

6 days ago DieselGasoil Comments Off on Exclusive: Softbank's Saudi-backed Vision Fund to raise $4 billion in debt
LONDON (Reuters) – SoftBank’s (9984.T) Vision Fund is raising $4 billion in debt to help finance acquisitions and has hired Goldman Sachs (GS.N) and Mizuho (8411.T) to work on the deal, a presentation seen by Reuters said. FILE PHOTO: Japan’s SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November Read More