newszine

Morning News Call – India, October 24

1 hour ago NAMEX Comments Off on Morning News Call – India, October 24
To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH No major events are scheduled for the day. INDIA TOP NEWS • India announces $8 billion plan to revive loss-making state telecoms firms India announced an Read More

U.S. trade envoy meets lawmakers on U.S.-Mexico-Canada deal as time runs short

4 hours ago NAMEX Comments Off on U.S. trade envoy meets lawmakers on U.S.-Mexico-Canada deal as time runs short
WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer met this week with Democratic lawmakers to try to resolve their concerns about the U.S.-Mexico-Canada (USMCA) trade agreement as Republicans increased pressure to get the deal passed by the end of 2019. FILE PHOTO: U.S. Trade Representative Robert Lighthizer testifies before a Senate Finance Committee hearing on Read More

House Ethics Committee launches inquiry into Rep. Katie Hill after report of affair with staffer

5 hours ago NAMEX Comments Off on House Ethics Committee launches inquiry into Rep. Katie Hill after report of affair with staffer
The House Ethics Committee confirmed on Wednesday it was launching an inquiry into Rep. Katie Hill, D-Calif., after a report suggesting she was having an affair with her legislative director. That same report also said she was in a so-called”throuple” with her estranged husband and a female campaign staffer. However, it was the reported affair with her Read More

Martin Midstream Partners Reports Third Quarter 2019 Financial Results and Revised Guidance

8 hours ago NAMEX Comments Off on Martin Midstream Partners Reports Third Quarter 2019 Financial Results and Revised Guidance
Execution of Strategic Initiatives Continues with Sale of East Texas Pipeline Quarterly Distribution Coverage Ratio Above Internal Forecast Update on Structure Damage at Neches Terminal KILGORE, Texas, Oct. 23, 2019 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today its financial results for the third quarter of 2019. Ruben Martin, President and Read More

How will Amazon deliver in its second biggest market?

11 hours ago NAMEX Comments Off on How will Amazon deliver in its second biggest market?
MANNHEIM, Germany (Reuters) – Every half an hour, 50 vans sweep into Amazon’s distribution center in Mannheim, Germany and sweep out again with up to 200 parcels and a precise delivery plan in each. The tightly choreographed morning operation is designed to maximize speed and minimize costs, preconditions for the success of Amazon’s rapid expansion Read More

Caterpillar cuts profit outlook as China construction sales slump

11 hours ago NAMEX Comments Off on Caterpillar cuts profit outlook as China construction sales slump
(Reuters) – Industrial bellwether Caterpillar Inc (CAT.N) reported a drop in sales in the United States and China in the third quarter, leading it to cut its outlook for the year and adding to evidence that the global economy is firmly on the decline. FILE PHOTO: Caterpillar logo is pictured at the ‘Bauma’ Trade Fair Read More

Bonanza Creek Provides Operational Update and Announces Third Quarter 2019 Conference Call

13 hours ago NAMEX Comments Off on Bonanza Creek Provides Operational Update and Announces Third Quarter 2019 Conference Call
DENVER, Oct. 23, 2019 (GLOBE NEWSWIRE) — Bonanza Creek Energy, Inc. (NYSE: BCEI) (“Bonanza Creek” or the “Company”) today provided an operations update, including preliminary third quarter 2019 results, and announced plans to host a conference call to discuss third quarter 2019 results. Highlights for the third quarter 2019 include: Average sales volumes are estimated to be Read More

Africa needs development, improvement in quality of life & Russia has much to offer – economy minister

14 hours ago NAMEX Comments Off on Africa needs development, improvement in quality of life & Russia has much to offer – economy minister
The volume of trade between Russia and the African continent has doubled over the past five years, according to Russian Economic Development Minister Maksim Oreshkin. Talking to RT on the sidelines of the Russia-Africa summit in Sochi, he said Russia’s trade with some African countries is concentrated on a narrow range of goods. That’s why Read More

One of Russia’s top banks suggests expanding non-dollar settlements with African countries

16 hours ago NAMEX Comments Off on One of Russia’s top banks suggests expanding non-dollar settlements with African countries
The head of Russia’s VTB Bank Andrey Kostin said the expansion of non-dollar payments between Russia and the countries of Africa will help to reduce the risks for the financial systems of those countries. “Unfortunately, we are living in an era of such geopolitics that we have real risks to the financial system. Therefore, we Read More

Russia aims to double agricultural exports to Africa

19 hours ago NAMEX Comments Off on Russia aims to double agricultural exports to Africa
The Russian Ministry of Agriculture said on Wednesday that Moscow is seeking to significantly increase supplies of grain and livestock to African countries. “Africa is our target market, and we will work on enlarging exports there,” Agriculture Minister Dmitry Patrushev told journalists on the sidelines of the Russia-Africa summit in Sochi. The exported products could Read More