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Trump’s tariffs trip up the all-American RV industry

3 days ago DieselGasoil Comments Off on Trump’s tariffs trip up the all-American RV industry
ELKHART, Ind. (Reuters) – Carrie Gray points to a stack of unwelcome mail on a conference table at the offices of Renegade RV, one of the leading U.S. manufacturers of high-end recreational vehicles. She’s buried in bad news from most of her about 350 suppliers. An assembly line worker works on the production line at Read More

Does renewables pioneer Germany risk running out of power?

3 days ago DieselGasoil Comments Off on Does renewables pioneer Germany risk running out of power?
FRANKFURT (Reuters) – Germany, a poster child for responsible energy, is renouncing nuclear and coal. The problem is, say many power producers and grid operators, it may struggle to keep the lights on. FILE PHOTO: Water vapour rises from the cooling towers of the Jaenschwalde lignite-fired power plant of Lausitz Energie Bergbau AG (LEAG) in Read More

World Trade Organization allows China to sanction US over Obama-era tariffs

4 days ago DieselGasoil Comments Off on World Trade Organization allows China to sanction US over Obama-era tariffs
An appeals court judge at the World Trade Organization (WTO) says the United States did not fully comply with its ruling and could face Chinese sanctions if it does not remove certain tariffs that break WTO rules. According to the trade regulator, 11 US countervailing measures have violated WTO rules. It has asked Washington to Read More

China second quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen

6 days ago DieselGasoil Comments Off on China second quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen
BEIJING (Reuters) – China’s economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting U.S. trade pressure. FILE PHOTO: Workers are seen at a production line manufacturing tyres at a factory in Nantong, Jiangsu province, China Read More

China second quarter GDP growth slows to 27-year low, more stimulus expected

6 days ago DieselGasoil Comments Off on China second quarter GDP growth slows to 27-year low, more stimulus expected
BEIJING (Reuters) – China’s economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting U.S. trade pressure. FILE PHOTO: Workers are seen at a production line manufacturing tyres at a factory in Nantong, Jiangsu province, China Read More

Indian tariffs on US goods ‘no longer acceptable!’ – Trump

2 weeks ago DieselGasoil Comments Off on Indian tariffs on US goods ‘no longer acceptable!’ – Trump
US President Donald Trump once again slammed India’s retaliatory tariffs against American goods on Tuesday. The two countries have been engulfed in a trade dispute, hitting each other with tit-for-tat tariffs. “India has long had a field day putting Tariffs on American products. No longer acceptable!” Trump wrote on Twitter. India has long had a Read More

Nestle Waters teams up with Ocean Legacy for plastic waste cleanup

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PARIS (Reuters) – Nestle’s (NESN.S) bottled water division Nestle Waters, owner of Perrier and Vittel, said it would team up with Canada’s Ocean Legacy Foundation to help to clean up plastic pollution. Consumer goods companies, such as Nestle, are under pressure to do more to reduce the waste their business generates as consumers become increasingly Read More

Germany says it needs Nord Stream 2, denies being captive to Russian energy supplies

2 weeks ago DieselGasoil Comments Off on Germany says it needs Nord Stream 2, denies being captive to Russian energy supplies
The Nord Stream 2 gas pipeline is one of the ways for Germany to meet its growing energy demand, Economy Minister Peter Altmaier has said, rebuffing criticism that the project increases Russia’s energy leverage on Berlin. Germany will have an increased demand for natural gas, as the country is phasing out coal and nuclear power, Read More

Exclusive: Greensill issued false statement on bonds sold by metals tycoon Gupta

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(Reuters) – Financing group Greensill Capital, which is backed by Japan’s SoftBank Group and General Atlantic of the U.S., last year provided a false statement to market participants relating to bonds it had issued in 2017 on behalf of commodities tycoon Sanjeev Gupta. The Greensill Bank is pictured in downtown Bremen, Germany, July 3, 2019. Read More

Collusion proof? Russian businessman Deripaska says he spent $20 million on FBI op under Mueller

3 weeks ago DieselGasoil Comments Off on Collusion proof? Russian businessman Deripaska says he spent $20 million on FBI op under Mueller
‘Russian collusion’ might actually be a thing, but it seems the Mueller team should have looked into the FBI’s past to find it, after Russian tycoon Oleg Deripaska revealed he funded a covert op for the bureau in the early 2010s. The bombshell revelation was made by the Russian businessman in an exclusive interview with Read More