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US tells Canada to prepare for extradition of Huawei CFO

17 hours ago DieselGasoil Comments Off on US tells Canada to prepare for extradition of Huawei CFO
The US has informed Canada it will start formal extradition proceedings for Huawei CFO Meng Wanzhou, nearly two months after she was arrested in Vancouver for violating unilateral US sanctions against Iran. Meng faces charges of bank fraud related to alleged violations of US sanctions dating back to at least 2013, and was arrested at Read More

As China's economy falters, some fund managers look to bonds

18 hours ago DieselGasoil Comments Off on As China's economy falters, some fund managers look to bonds
HONG KONG/SHANGHAI (Reuters) – Despite mounting signs of a Chinese economic slowdown, 2019 is off to a good start for fund manager Du Zhenye. FILE PHOTO: An investor watches a board showing stock information at a brokerage office in Beijing, China October 8, 2018. REUTERS/Jason Lee His Shanghai-based ChangAn Xinyi Enhanced Mixed Fund has increased Read More

Japan firms have no plans to strengthen governance after Ghosn arrest: Reuters poll

23 hours ago DieselGasoil Comments Off on Japan firms have no plans to strengthen governance after Ghosn arrest: Reuters poll
TOKYO (Reuters) – Three-quarters of Japanese companies have no plan to create committees overseeing compensation or executive nomination, a Reuters poll found, reflecting indifference to boosting governance after the arrest of former Nissan boss Carlos Ghosn. FILE PHOTO: Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, reacts during a news conference in Paris, France, Read More

US senator Kamala Harris announces 2020 presidential bid

1 day ago DieselGasoil Comments Off on US senator Kamala Harris announces 2020 presidential bid
Kamala Harris, the second black female senator in US history, has entered the 2020 presidential race, joining an already crowded Democrat field. Ms Harris, 54, told ABC’s Good Morning America: “I love my country. This is a moment in time that I feel a sense of responsibility to stand up and fight for the best Read More

Deep freeze grips eastern United States, 12-year-old dies in Chicago

1 day ago DieselGasoil Comments Off on Deep freeze grips eastern United States, 12-year-old dies in Chicago
(Reuters) – Winter winds brought extreme cold and ice-slicked roads to the Midwestern and Eastern United States on Monday, with the U.S. Martin Luther King Jr. Day holiday and an ongoing government shutdown allowing many to heed official advice to stay indoors. FILE PHOTO: The U.S. Capitol is seen behind a snow pile in Washington, Read More

'Life-and-death' cold grips eastern, Midwest United States

1 day ago DieselGasoil Comments Off on 'Life-and-death' cold grips eastern, Midwest United States
(Reuters) – Winter winds brought extreme cold and ice-slicked roads to the Midwestern and Eastern United States on Monday, with the U.S. Martin Luther King Jr. Day holiday and an ongoing government shutdown allowing many to heed official advice to stay indoors. Time square is seen during the rainy day in the Manhattan borough of Read More

Trading of LNG derivatives to benefit industry

1 day ago DieselGasoil Comments Off on Trading of LNG derivatives to benefit industry
By Stephen Stapczynski and Dan Murtaugh on 1/21/2019 SINGAPORE (Bloomberg) — With natural gas demand growing faster than for any other fossil fuel, LNG futures may be finally taking off.  Derivatives represented about 2% of global LNG production at the beginning of 2017 as an array of contracts around the world struggled to gain traction. Read More

China vows no leeway for underperformers in war on pollution

2 days ago DieselGasoil Comments Off on China vows no leeway for underperformers in war on pollution
BEIJING/SHANGHAI (Reuters) – China will order detailed punishment measures for officials in regions that miss air quality targets this winter, refusing to accept unfavorable weather or mounting economic pressure as excuses, an environment ministry official said on Monday. A woman wearing a face mask rides a bicycle on a bridge in front of the financial Read More

How OPEC is helping U.S. oil reach a tipping point

2 days ago DieselGasoil Comments Off on How OPEC is helping U.S. oil reach a tipping point
By Julian Lee on 1/20/2019 Photo: OPEC building. NEW YORK (Bloomberg Opinion) — The U.S. Energy Information Administration has published its first detailed monthly oil forecast for 2020 and it shows something that should strike fear into the hearts of OPEC ministers — from the fourth quarter, America will export more oil than it imports. Read More

Fire kills two in ski resort popular with Brits

2 days ago DieselGasoil Comments Off on Fire kills two in ski resort popular with Brits
Two people have been killed after a large fire broke out in the upmarket French ski resort of Courchevel. Firefighters found two bodies in a burnt-out area of the building. Another 22 people were injured in the blaze, four of them seriously. It started at 4.30am local time in a building housing seasonal workers in Read More