Exclusive: Where’s the beef? Argentine ranchers hope more is headed for China
Cattle ranchers in Argentina, which recently edged out neighbor Brazil as the top exporter of beef to China, are hoping to build on that status by getting more local meatpacking plants approved by Beijing, industry officials and other sources told Reut…
Oil steps back on Saudi supply reassurance, focus shifts to Fed
Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month’s end while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
Guggenheim’s Minerd says aggressive Fed moves can delay recession, but not avoid it
Guggenheim Partners global chief investment officer Scott Minerd warned on Tuesday the firm’s recession forecast model showed a 58% chance of the economy being in a recession by mid-2020, and a 77% chance of one beginning in the next 24 months.
French President Macron calls Saudi crown prince on Aramco attacks: press
The Saudi Arabian Crown Prince Mohammed bin Salman received a phone call from the French President Emmanuel Macron on Tuesday to discuss the attack on oil facilities owned by Saudi Aramco, according to the state news agency SPA.
Oil recedes on Saudi supply reassurance, investor focus shifts to Fed
Oil prices cooled on Wednesday as Saudi Arabia said the kingdom had fully restored its oil supply following attacks on its crude facilities although caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
U.S. seeks U.N. action on Saudi attacks despite likely Russian opposition
A senior U.S. official on Tuesday called for a U.N. Security Council response to the attacks on Saudi oil facilities that the United States blames on Iran, but it was unclear what action he sought or whether Washington might secure Russian cooperation….
Explainer: Why Asia’s biggest economies are backing hydrogen fuel cell cars
China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their roads by the end of the next decade at a cost of billions of dollars.
Toyota banks on Olympic halo for the humble bus to keep hydrogen dream alive
Buses may not be the most glamorous mode of transport but at the 2020 Tokyo Olympic games, they will represent Toyota Motor Corp’s best bet for wider acceptance of hydrogen power – technology so far eclipsed by electric vehicles.
Adobe’s fourth-quarter forecast, marketing software unit disappoint
Adobe Inc on Tuesday gave a tepid current-quarter revenue forecast and said that bookings in its newly acquired marketing software unit were growing slower than expected, sending shares nearly 3% in after-market trading.
Saudi Defense Ministry press conference to show Iranian involvement in Aramco attacks: state TV
A Saudi Defense Ministry spokesman will hold a press conference on Wednesday to provide information about last week’s attack on Aramco, state TV said early on Wednesday.
