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Denmark’s richest man loses three children in Sri Lanka bombings

2 months ago DieselGasoil Comments Off on Denmark’s richest man loses three children in Sri Lanka bombings
Fashion tycoon Anders Holch Povlsen lost three of his four children in the Sri Lanka terrorist attacks on Sunday. The family was visiting the country over the Easter holiday. “Unfortunately, we can confirm the news is true,” Jesper Stubkier, spokesman for Povlsen’s fashion firm Bestseller, told Danish news agency Ritzau. “We ask that you please Read More

Nissan to reject new integration proposal from Renault – Nikkei

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FILE PHOTO: Renault CEO Thierry Bollore, Renault Chairman Jean-Dominique Senard, Nissan CEO Hiroto Saikawa, Mitsubishi Motors Chairman and CEO Osamu Masuko cast their shadows at a joint news conference in Yokohama, Japan, March 12, 2019. REUTERS/Kim Kyung-Hoon (Reuters) – Nissan Motor Co Ltd will reject a management integration proposal from French partner Renault SA and Read More

Factbox: Elon Musk on Tesla’s self-driving capabilities

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(Reuters) – Tesla Inc will focus on its autonomous driving system when it hosts its investor day on Monday. FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo Elon Musk, the electric vehicle company’s chief executive officer, has touted the company’s self-driving Read More

Halliburton says pricing bottoming out as U.S. activity rises

2 months ago DieselGasoil Comments Off on Halliburton says pricing bottoming out as U.S. activity rises
FILE PHOTO: Idle oil production equipment is seen in a Halliburton yard in Williston, North Dakota April 30, 2016. REUTERS/Andrew Cullen/File Photo (Reuters) – Halliburton Co on Monday called the bottom of a pricing downturn that has plagued oilfield services companies and surprised on expectations saying first-quarter activity levels in North America were modestly higher Read More

Anti-Russian sanctions benefit only US firms at Europe’s expense, says German politician

2 months ago DieselGasoil Comments Off on Anti-Russian sanctions benefit only US firms at Europe’s expense, says German politician
Economic penalties against Russia target the European Union and are only beneficial to US corporations, according to Stefan Keuter, a German lawmaker from the Alternative for Germany (AfD) party. “Sanctions against Russia do not serve the interest of German companies, such Siemens or pharmaceutical firms. Did they benefit from the penalties? What’s the use Read More

Exclusive: India hopes U.S. will allow allies to buy some Iranian oil – source

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FILE PHOTO: Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005. REUTERS/Raheb Homavandi NEW DELHI (Reuters) – India hopes the U.S. will allow its allies to continue to buy some Iranian oil instead of halting the purchases altogether from May, Read More

U.S. will fail to cut Iran oil exports to zero – ministry source to Tasnim agency

2 months ago DieselGasoil Comments Off on U.S. will fail to cut Iran oil exports to zero – ministry source to Tasnim agency
FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi/File Photo DUBAI (Reuters) – The United States will fail to cut Iranian oil exports to zero, as Iran is ready for any U.S. decision to end Read More

Crude mood: Oil prices soar as US set to sanction countries buying Iranian crude

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The Trump administration is expected to announce on Monday that all countries will soon have to stop buying Iranian oil or be subject to US sanctions. Crude prices jumped to their highest level for 2019 so far. Sources told the Associated Press that Secretary of State Mike Pompeo will announce that sanction waivers won’t be Read More

Tesla investigates video of parked Model S exploding in Shanghai

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SHANGHAI (Reuters) – U.S. electric vehicle (EV) maker Tesla Inc said it has sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding, the latest in a string of fire incidents involving Tesla’s cars. FILE PHOTO: A Tesla logo is seen on a wheel rim Read More

Huawei says launches ‘world’s first’ 5G communications hardware for autos

2 months ago DieselGasoil Comments Off on Huawei says launches ‘world’s first’ 5G communications hardware for autos
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic/Illustration BEIJING (Reuters) – China’s Huawei Technologies launched on Monday what it said was the world’s first 5G communications hardware for the automotive industry, in a sign of its growing Read More