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Swiss court overturns arrest of Russia’s Gazprom assets which Ukraine claims were seized

29 mins ago DieselGasoil Comments Off on Swiss court overturns arrest of Russia’s Gazprom assets which Ukraine claims were seized
Switzerland’s high court has overruled an injunction blocking payments from the operators of the Nord Stream gas pipeline at the request of Ukrainian state gas firm Naftogaz, according to Russian energy giant Gazprom. The Stockholm arbitration court had previously ruled that all payments from Gazprom’s subsidiaries would be transferred to Swiss bailiffs. “On January 16, Read More

Return of risk-on fuels worst government debt outflows since October: BAML

59 mins ago DieselGasoil Comments Off on Return of risk-on fuels worst government debt outflows since October: BAML
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. REUTERS/Brendan McDermid LONDON (Reuters) – Government bonds suffered the biggest weekly outflows since October last year as investors plowed money into emerging market and high-yield debt, Bank of America Merrill Lynch (BAML) said on Read More

JPMorgan raises boss Dimon’s pay to a sweet $31 million, topping pre-crisis record

1 hour ago DieselGasoil Comments Off on JPMorgan raises boss Dimon’s pay to a sweet $31 million, topping pre-crisis record
Wall Street banking giant JPMorgan has awarded its chief executive Jamie Dimon $31 million in total compensation for his work in 2018. The pay exceeds his record compensation of $30 million in 2007 before the financial crisis. It’s a 5.1 percent increase from 2017 as the bank raked in a record profit last year. Dimon’s Read More

After billion-barrel bonanza, BP goes global with seismic tech

4 hours ago DieselGasoil Comments Off on After billion-barrel bonanza, BP goes global with seismic tech
LONDON (Reuters) – Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil. BP’s Wolfspar seismic source device is pictured at Mad Dog oil field in the deepwater Gulf of Mexico, January 19, Read More

Consumer giants spurn risks to chase online subscribers

4 hours ago DieselGasoil Comments Off on Consumer giants spurn risks to chase online subscribers
LONDON (Reuters) – Major consumer companies including Unilever (ULVR.L), Procter & Gamble (PG.N) and Nestle (NESN.S) are chasing consumers who want food and household goods delivered automatically, even though this kind of business has not always worked. One of the possible personalised skincare regimens created by the Skinsei diagnostic, is seen in this undated handout Read More

Bombardier says on track to solve Swiss train problems: paper

4 hours ago DieselGasoil Comments Off on Bombardier says on track to solve Swiss train problems: paper
A Bombardier logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) at Geneva Airport, Switzerland May 28, 2018. REUTERS/Denis Balibouse ZURICH (Reuters) – Bombardier (BBDb.TO) is making progress resolving problems with double-decker passenger trains which have drawn criticism from buyer Swiss Federal Railways (SBB), the company’s Swiss country chief has told a Read More

In 5G play, Vodafone and IBM link up cloud systems for business

6 hours ago DieselGasoil Comments Off on In 5G play, Vodafone and IBM link up cloud systems for business
FRANKFURT (Reuters) – Vodafone is teaming up with IBM to offer businesses a way to link different cloud computing systems to support the next wave of digital advances, such as machine learning, on super-fast fifth-generation telecoms networks. FILE PHOTO: Logos of 5G technology and telecommunications company Vodafone are pictured at the 5G Mobility Lab of Read More

Saving a river: Pollution in India's holy Ganges makes it toxic

6 hours ago DieselGasoil Comments Off on Saving a river: Pollution in India's holy Ganges makes it toxic
People watch as pyres burn at a cremation ground on the banks of the Ganges River in Varanasi, India April 7, 2017. REUTERS/Danish Siddiqui NEW DELHI (Reuters) – The Ganges river, holy to most Indians, flows from the western Himalayas down to the Bay of Bengal through crowded cities, industrial hubs and some of the Read More

India's Sun Pharma tumbles on report of fresh allegations by whistleblower

6 hours ago DieselGasoil Comments Off on India's Sun Pharma tumbles on report of fresh allegations by whistleblower
(Reuters) – Shares of India’s Sun Pharmaceutical Industries Ltd (SUN.NS) slumped over 13 percent on Friday to near six-year low, after a media report of a complaint by a whistleblower raised fresh concerns on the drugmaker’s corporate governance. A guard walks inside the office of Sun Pharmaceutical Industries Ltd in Mumbai, India, November 13, 2018. Read More

American Express misses estimates on slowing customer spending; shares drop

11 hours ago DieselGasoil Comments Off on American Express misses estimates on slowing customer spending; shares drop
(Reuters) – American Express Co (AXP.N) missed Wall Street’s fourth-quarter profit estimates on Thursday, as the rate of customer spending slowed despite a strong U.S. holiday sales season. An American Express credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer The credit-card issuer’s shares fell 2.4 Read More