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Nissan, Renault not ready to discuss new capital ties: Saikawa

20 hours ago DieselGasoil Comments Off on Nissan, Renault not ready to discuss new capital ties: Saikawa
TOKYO (Reuters) – Nissan CEO Hirota Saikawa said on Monday that he had not heard directly about a reported French proposal to integrate the Japanese carmaker’s management with Renault, adding that it was not the time to discuss revising the partners’ capital ties. FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a Read More

European power firms aim to harness electric car batteries

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FRANKFURT/LONDON/PARIS (Reuters) – Ever wanted to run your electric car for free? If you’re open to a bit of give and take, then stay plugged in and your wishes might come true. At least that’s what some European power companies and Japanese carmakers believe. FILE PHOTO: A charging port is shown on the front of Read More

China's 2018 growth slows to 28-year low, more stimulus seen

22 hours ago DieselGasoil Comments Off on China's 2018 growth slows to 28-year low, more stimulus seen
BEIJING (Reuters) – China’s economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising U.S. tariffs, dragging 2018 growth to the lowest in nearly three decades and pressuring Beijing to roll out more stimulus to avert a sharper slowdown. FILE PHOTO: A tree is pictured in front of buildings in Beijing’s Read More

China's economy cools in the fourth quarter, 2018 growth hits 28-year low

1 day ago DieselGasoil Comments Off on China's economy cools in the fourth quarter, 2018 growth hits 28-year low
BEIJING (Reuters) – China’s economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in 28 years. FILE PHOTO: A tree is pictured in front of buildings in Beijing’s central business Read More

Oil dips as China's economy slows but OPEC-led cuts support

1 day ago DieselGasoil Comments Off on Oil dips as China's economy slows but OPEC-led cuts support
SINGAPORE (Reuters) – Oil prices dipped on Monday as China reported its weakest annual economic growth in 28 years, although oil prices remain relatively well supported by supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC). FILE PHOTO: A VLCC oil tanker is seen at a crude oil terminal in Ningbo Zhoushan Read More

Berkshire denies media report on accord to extract lithium

1 day ago DieselGasoil Comments Off on Berkshire denies media report on accord to extract lithium
FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, plays bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking/File Photo (Reuters) – A unit of Berkshire Hathaway Inc denied a report on Sunday that it reached an agreement to allow extraction of lithium from its geothermal Read More

Berkshire's lithium venture may supply U.S. automakers, including Tesla: FT

1 day ago DieselGasoil Comments Off on Berkshire's lithium venture may supply U.S. automakers, including Tesla: FT
FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, plays bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking/File Photo (Reuters) – Warren Buffett’s Berkshire Hathaway Inc has signed an agreement to allow extraction of lithium from its geothermal wells in California, a project that could Read More

China set to post slowest growth in 28 years in 2018, more stimulus seen

2 days ago DieselGasoil Comments Off on China set to post slowest growth in 28 years in 2018, more stimulus seen
BEIJING (Reuters) – China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown. A woman looks at job advertisements on a wall in Read More

GM warns workers in Brazil on losses, tough turnaround plan

2 days ago DieselGasoil Comments Off on GM warns workers in Brazil on losses, tough turnaround plan
SAO PAULO (Reuters) – General Motors Co (GM.N) has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday. The GM logo is seen at the General Motors headquarters in Sao Caetano do Sul, Brazil March Read More

Volkswagen mulls extending diesel (gasoil) incentives across Germany

3 days ago DieselGasoil Comments Off on Volkswagen mulls extending diesel (gasoil) incentives across Germany
FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker BERLIN (Reuters) – German carmaker Volkswagen (VOWG_p.DE) is examining whether to extend trade-in incentives to owners of older vehicles in all of Germany, extending the program beyond the Read More