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U.S. stocks fall on weak economic view; oil, gold fall

2 hours ago DieselGasoil Comments Off on U.S. stocks fall on weak economic view; oil, gold fall
NEW YORK (Reuters) – Wall Street stocks fell on Thursday due to a deteriorating economic outlook that was only partially offset by signs of trade progress between China and the United States, while gold and oil prices retreated from their recent peaks. Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Read More

Wall St. edges higher ahead of Fed minutes

1 day ago DieselGasoil Comments Off on Wall St. edges higher ahead of Fed minutes
(Reuters) – U.S. stocks rose sluggishly on Wednesday, as investors awaited the Federal Reserve’s minutes from its latest meeting, while assessing the latest developments in the U.S.-China trade talks. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid Cautious signals from the Fed Read More

Russia’s reserves fully cover nation’s internal & foreign debt for 1st time ever – Putin

1 day ago DieselGasoil Comments Off on Russia’s reserves fully cover nation’s internal & foreign debt for 1st time ever – Putin
Russia’s foreign exchange reserves can now cover all of the debt owed by both the government and domestic businesses, Russian President Vladimir Putin has announced. “For the first time in history our reserves fully cover foreign debt, including government and commercial sector debt,” Putin said addressing the Federal Assembly in Moscow on Wednesday. The country’s Read More

USGS: Former astronaut named EROS Center director

2 days ago DieselGasoil Comments Off on USGS: Former astronaut named EROS Center director
2/19/2019 Photo: USGS EROS Director C.J. Loria. RESTON, Virginia — Former NASA astronaut Christopher J. “C.J.” Loria has been named the newest director of the USGS Earth Resources Observation and Science (EROS) Center in Sioux Falls, S.D. At EROS, Loria will oversee activities involving the largest civilian collection of images of the Earth’s land surface Read More

James Fisher and Sons has acquired Murjan Al-Sharq Marine Contracting

2 days ago DieselGasoil Comments Off on James Fisher and Sons has acquired Murjan Al-Sharq Marine Contracting
2/19/2019 Photo: Murjan 40-19 m multicat vessel. CUMBRIA, England — James Fisher and Sons plc (JFS) has further expanded its capabilities in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting LLC (MSMC). MSMC is an established service provider based in Saudi Arabia, with a 10-year track record of successful projects with Saudi Read More

Alibaba boosts stake in investment bank CICC for $231 million

2 days ago DieselGasoil Comments Off on Alibaba boosts stake in investment bank CICC for $231 million
SINGAPORE (Reuters) – China’s e-commerce giant Alibaba Group Holding Ltd has raised its stake in top domestic investment bank China International Capital Corp’s Hong Kong-listed shares to nearly 12 percent, an exchange disclosure showed on Monday. FILE PHOTO: The logo of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China, July Read More

Reality сheck: When life gives you lemons… make up bulls*** about Russia?

3 days ago DieselGasoil Comments Off on Reality сheck: When life gives you lemons… make up bulls*** about Russia?
Coverage of Russia in US media is frequently lazy, misinformed and inaccurate, but sometimes it dives off the deep end into bat s*** crazy absurdity. This was a real Forbes headline: “Want To Find A Rich Person In Russia? Look For The Lemons.”  Below the line, one Lizzy Saxe wrote “wealthy Russians really like to Read More

Russian court extends custody of Baring Vostok's Calvey until April

5 days ago DieselGasoil Comments Off on Russian court extends custody of Baring Vostok's Calvey until April
MOSCOW (Reuters) – A Russian court on Saturday ordered Michael Calvey, the U.S. founder of one of Russia’s biggest private equity firms accused of fraud, to be kept in custody until April 13. Founder of the Baring Vostok private equity group Michael Calvey, who was detained on suspicion of fraud, looks out of a defendants’ Read More

After strong 2019 start for U.S. stocks, trade verdict looms

6 days ago DieselGasoil Comments Off on After strong 2019 start for U.S. stocks, trade verdict looms
NEW YORK (Reuters) – Optimism about a U.S.-China trade agreement has helped drive U.S. stocks to more than two-month highs, creating a make-or-break moment for Wall Street as a year-long clash between the world’s two largest economies comes to a head. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) Read More