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Total has 'Uber-like' ambitions to shake up French power market

3 weeks ago DieselGasoil Comments Off on Total has 'Uber-like' ambitions to shake up French power market
PARIS (Reuters) – Total’s French retail electricity arm is on track to win 700,000 customers this year, challenging former state monopolies EDF and Engie with a low-cost, digital service it believes could mimic Uber’s success in the taxi market. FILE PHOTO: The logo of French oil giant Total is pictured at a petrol station in Read More

Story that raised $400k for homeless man 'was a lie'

4 weeks ago DieselGasoil Comments Off on Story that raised $400k for homeless man 'was a lie'
It was a feel-good tale that swept the world. A homeless man used his last $20 (£15.60) to help a woman who ran out of petrol – with the public then raising $400,000 (£312,400) to help the good Samaritan turn his life around. But prosecutors have claimed the whole story was a complete lie: she Read More

U.S. big investors' best investment ideas for 2019

4 weeks ago DieselGasoil Comments Off on U.S. big investors' best investment ideas for 2019
NEW YORK (Reuters) – The best investment ideas for 2019 range from buying local currencies in emerging markets to picking up beaten-down casino stocks to holding on to bank loans, according to investors who appeared this week at the Reuters Global Investment 2019 Outlook Summit in New York. Penny Foley, Portfolio Manager for the TCW Read More

Esplanade's Kravetz bullish on casinos, Apple; sees turbulence for discount stores

1 month ago DieselGasoil Comments Off on Esplanade's Kravetz bullish on casinos, Apple; sees turbulence for discount stores
NEW YORK (Reuters) – Strong U.S. consumer holiday spending will not boost retailers across the board but instead benefit winners like Apple Inc (AAPL.O) that have signature products, Esplanade Capital’s Shawn Kravetz said at the Reuters Global Investment 2019 Outlook Summit in New York on Wednesday. Shawn Kravetz, President and Chief Investment Officer of Esplanade Read More

Wall Street dips as weak earnings dampen surge from midterm elections

1 month ago DieselGasoil Comments Off on Wall Street dips as weak earnings dampen surge from midterm elections
(Reuters) – U.S. stocks edged lower on Thursday, as a clutch of weak earnings reports punctured a rally from the previous session, which was spurred by the outcome for midterm elections. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 7, 2018. REUTERS/Brendan McDermid Wynn Resorts Ltd Read More

Coca-Cola plans energy drinks under namesake brand

1 month ago DieselGasoil Comments Off on Coca-Cola plans energy drinks under namesake brand
FILE PHOTO: Coca-Cola cartons are seen in a Casino supermarket in Mouans Sartoux, France, October 27, 2016. REUTERS/Eric Gaillard/File Photo (Reuters) – Coca-Cola Co (KO.N) said on Thursday it plans to launch two energy drinks under its namesake brand, its latest move to diversify away from sugary sodas. Coca-Cola, in an emailed statement, declined to Read More

Kroger set to place warehouse order with partner Ocado

2 months ago DieselGasoil Comments Off on Kroger set to place warehouse order with partner Ocado
LONDON (Reuters) – U.S. supermarket chain Kroger Co is expected to order the first three of 20 high-tech warehouses from online grocer Ocado by the end of the year under the terms of a breakthrough deal agreed in May. A logo of Kroger is displayed on a monitor above the floor of the New York Read More

Adelson and Buffett clash in Nevada showdown over electricity

2 months ago DieselGasoil Comments Off on Adelson and Buffett clash in Nevada showdown over electricity
(Reuters) – Casino magnate Sheldon Adelson and investor Warren Buffett are set for a desert showdown over electricity next week as the two billionaires’ interests collide on election ballots in Nevada. FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska Read More

Danone bets on healthy eating business to boost growth

2 months ago DieselGasoil Comments Off on Danone bets on healthy eating business to boost growth
PARIS (Reuters) – Danone (DANO.PA) is banking on its expansion into the lucrative healthy eating business to produce sales growth that will beat the French food company’s rivals over the coming decade. FILE PHOTO: The logo of French food group Danone is seen at the company’s headquarters in Paris, France, December 20, 2017. REUTERS/Charles Platiau/File Read More