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US warns airliners about risks of flying over Persian Gulf

20 hours ago DieselGasoil Comments Off on US warns airliners about risks of flying over Persian Gulf
US diplomats have warned that US air carriers and commercial operators flying over the Persian Gulf face a risk from being “misidentified” as tensions between US and Iran continue to escalate. The warning relayed on Saturday by officials in Kuwait and the UAE came from a Federal Aviation Administration (FAA) Notice to pilots published on Read More

Austrian VC caught discussing alleged shady deals, and pundits cry ‘Russia took over the country’

21 hours ago DieselGasoil Comments Off on Austrian VC caught discussing alleged shady deals, and pundits cry ‘Russia took over the country’
Austria’s ruling coalition party is under fire after a leaked video showed the vice chancellor discussing alleged quid pro quo arrangements with a “Russian oligarch niece” … and some pundits quickly had their Russiagate meltdowns. The scandal rocked the Freedom Party of Austria (FPO) on Friday after two German publications, Spiegel and Suddeutscher Zeitung, released Read More

British-Iranians should not travel to Iran – Foreign Office

2 days ago DieselGasoil Comments Off on British-Iranians should not travel to Iran – Foreign Office
British-Iranian dual nationals should not travel to Iran, the Foreign Office has said. The Foreign Office changed its travel advice because of the Iranian government’s “continued arbitrary detention and mistreatment of dual nationals”. The advice has also changed because of Iranian citizens’ links with UK institutions. Image: Nazanin Zaghari-Ratcliffe was arrested in Iran in 2016 Read More

Shares swoon as Beijing ramps up war of words

2 days ago DieselGasoil Comments Off on Shares swoon as Beijing ramps up war of words
LONDON (Reuters) – World share markets suffered a fresh bout of risk aversion on Friday after tough words on trade from China, while bets on a new pro-Brexit leader in Britain whipped the pound towards its worst week since October. FILE PHOTO: People walk through the lobby of the London Stock Exchange in London, Britain Read More

Amazon squares up to Uber with backing for UK food app Deliveroo

2 days ago DieselGasoil Comments Off on Amazon squares up to Uber with backing for UK food app Deliveroo
LONDON (Reuters) – Amazon has led a funding round in British online food delivery company Deliveroo, pitting itself against Uber Eats and other smaller providers in an escalating battle to deliver takeaway meals. A Deliveroo scooter driver takes a break between deliveries in London, Britain June 8, 2018. REUTERS/Simon Dawson The news that the world’s Read More

Asia shares shudder as Beijing talks tough

2 days ago DieselGasoil Comments Off on Asia shares shudder as Beijing talks tough
SYDNEY (Reuters) – Asian shares suffered a fresh bout of the shakes on Friday as tough words on trade from China’s media drowned out upbeat news on the U.S. economy and corporate earnings. FILE PHOTO: People walk in front of a board displaying stock indexes in Tokyo April 22, 2015. REUTERS/Thomas Peter/File Photo Shanghai stocks Read More

BP faces investor push to beef up fight against climate change

2 days ago DieselGasoil Comments Off on BP faces investor push to beef up fight against climate change
LONDON (Reuters) – BP will face pressure at a meeting next week to set tougher targets to combat climate change, the latest signal from investors that they want the oil and gas industry to do more to clean up its act. FILE PHOTO: A BP logo is seen at a petrol station in London, Britain Read More

Aiming to re-energize staff, new head of Britain’s BT hands out shares

3 days ago DieselGasoil Comments Off on Aiming to re-energize staff, new head of Britain’s BT hands out shares
LONDON (Reuters) – The new boss of Britain’s BT Group will give each employee 500 pounds ($641) worth of shares, at a total cost of 50 million pounds, in one of his first moves to drive better performance at the telecoms giant. FILE PHOTO: A BT company logo is pictured on the side of a Read More

UK raises threat level for personnel in Iraq over Iran ‘threat’

3 days ago DieselGasoil Comments Off on UK raises threat level for personnel in Iraq over Iran ‘threat’
By Deborah Haynes, foreign affairs editor Britain has raised the threat level for UK forces and diplomats in Iraq because of what sources say is a heightened security risk from Iran, Sky News can reveal. The UK has also put its personnel and their families in Saudi Arabia, Kuwait and Qatar on an increased state Read More

Austrian prosecutors see little basis for case against Airbus: report

3 days ago DieselGasoil Comments Off on Austrian prosecutors see little basis for case against Airbus: report
VIENNA (Reuters) – Austrian prosecutors believe there is little basis for their fraud investigation into the Eurofighter consortium’s $2 billion deal in 2003 to sell jets to the Austrian government, two media reported on Thursday, citing an internal report. FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France, March Read More