Archive of 15 May 2019

Cuban sugar harvest set to disappoint, adding to economic woes

HAVANA: The Cuban sugar harvest will weigh in at no more than 1.3 million metric tons this year, according to Reuters estimates, in the latest...

EU wheat rises with Chicago, Algerian purchase supports

PARIS: European wheat rose to a 1-week high on Wednesday in the wake of a sharp bounce in Chicago prices and supported by a hefty...

Europe Gasoline/Naphtha-Crack slips, falling inventories provide floor

LONDON: Northwest European gasoline refining margins inched down on Wednesday to $9.765 a barrel as demand from the United States abated, but falling inventories there...

Diesel cracks rise on tighter supplies

LONDON: Benchmark diesel refining margins in northwest Europe rose by 5 percent on Wednesday with inventories in the region set to decline due to lower...

Ireland does not confirm reports of Trump visit in June

DUBLIN: Ireland said on Wednesday it had not received formal notification from the United States of plans for a visit by Donald Trump, after media...

GE power unit faces three-year turnaround despite orders report

NEW YORK: General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that unit's...

Brazilian ministry preparing changes to low-income housing program

BRASILIA: The Brazilian government is preparing changes to the country's low-income housing program by July that may reduce subsidies, the Economy Ministry said on Wednesday. The...

Close
Close