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AB InBev braves Hong Kong turmoil with second Asia IPO attempt

22 hours ago DieselGasoil Comments Off on AB InBev braves Hong Kong turmoil with second Asia IPO attempt
HONG KONG (Reuters) – Anheuser-Busch InBev NV (ABI.BR) will brave jittery Hong Kong markets in a second attempt to spin off its Asian business on Wednesday, aiming to raise up to $6.6 billion in what could be the world’s second largest IPO this year. The brewing giant, which in July tried to raise up to Read More

Oil sheds gains, stocks inch lower as focus turns to Fed

1 day ago DieselGasoil Comments Off on Oil sheds gains, stocks inch lower as focus turns to Fed
LONDON (Reuters) – Oil shed some of its massive gains on Tuesday as the United States flagged the possible release of crude reserves, while stocks inched lower as investors remained on the sidelines ahead of this week’s Federal Reserve meeting. FILE PHOTO: Men are reflected on an electronic board showing the Nikkei stock index outside Read More

Schlumberger, IHS Markit bring analytics-ready data to GAIA platform

5 days ago DieselGasoil Comments Off on Schlumberger, IHS Markit bring analytics-ready data to GAIA platform
9/13/2019 LONDON – Schlumberger has established a strategic collaboration between WesternGeco, the seismic and geophysical data solutions division of Schlumberger, and IHS Markit, a world leader in critical information, analytics and solutions. The collaboration will bring together data, technology and expertise from two of the industry’s leading sources of E&P information and make it available Read More

Billionaire investor Carl Icahn to leave New York for Florida

5 days ago DieselGasoil Comments Off on Billionaire investor Carl Icahn to leave New York for Florida
BOSTON (Reuters) – Billionaire investor Carl Icahn, a born New Yorker who has run his business from the city for decades, is moving his office, more than half of his staff and himself to Florida early next year, people familiar with the plan said on Thursday. FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview Read More

Wall Street ends higher on trade, ECB stimulus hopes

6 days ago DieselGasoil Comments Off on Wall Street ends higher on trade, ECB stimulus hopes
NEW YORK (Reuters) – Wall Street advanced on Thursday, and the S&P 500 ended the session within striking distance of its all-time closing high, buoyed by positive developments on the U.S.-China trade front and a promise of continued stimulus from the European Central Bank. FILE PHOTO: Traders work on the floor at the New York Read More

Wall Street advances on trade concessions, euro zone stimulus

6 days ago DieselGasoil Comments Off on Wall Street advances on trade concessions, euro zone stimulus
NEW YORK (Reuters) – Wall Street advanced on Thursday, and the S&P 500 hovered a hair’s breadth below its all-time high, buoyed by positive developments on the U.S.-China trade front and a promise of continued stimulus from the European Central Bank. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) Read More

T. Boone Pickens, oilman turned raider turned trader, dies at 91

7 days ago DieselGasoil Comments Off on T. Boone Pickens, oilman turned raider turned trader, dies at 91
By Laurence Arnold on 9/11/2019 WASHINGTON (Bloomberg) – T. Boone Pickens, the onetime Texas oil wildcatter turned corporate raider who became a billionaire energy investor and television pitchman for wind and natural-gas power, has died. He was 91. He died Wednesday of natural causes, according to spokesman Jay Rosser. Pickens’s primary residence was in Dallas. Read More

Wall Street mixed as investors flee growth for value

1 week ago DieselGasoil Comments Off on Wall Street mixed as investors flee growth for value
NEW YORK (Reuters) – The S&P 500 ended little changed on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favored value over growth. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September Read More

Subsea 7 announces CEO succession

1 week ago DieselGasoil Comments Off on Subsea 7 announces CEO succession
Luxembourg – 10 September 2019 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY)(the Company) today announced that Jean Cahuzac will retire from his position as CEO at the end of this year, and will be succeeded from 1 January 2020 by John Evans, who is currently COO. Jean Cahuzac has been in the industry Read More