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‘Biased and partisan’ EU sanctions won’t affect our drilling off Cyprus – Turkey’s foreign ministry

35 mins ago DieselGasoil Comments Off on ‘Biased and partisan’ EU sanctions won’t affect our drilling off Cyprus – Turkey’s foreign ministry
Ankara’s aspirations regarding oil and gas discovered off the coast of Cyprus will not be hindered by newly imposed EU sanctions, it has vowed. Turkey claims it has a right to explore resources laying off Turkish-Cypriot lands. European ministers on Monday agreed to reduce financial support for Ankara, suspended negotiations on an agreement on air Read More

Climate activists arrested for disrupting London’s biggest concrete supplier

35 mins ago DieselGasoil Comments Off on Climate activists arrested for disrupting London’s biggest concrete supplier
LONDON (Reuters) – Six climate activists were arrested on Tuesday after the Extinction Rebellion group disrupted London Concrete, the British capital’s biggest supplier of ready-mixed concrete which supplies a major road tunnel project under the River Thames. Dozens of activists holding a banner saying “The air that we grieve” blocked entrances to the site in Read More

Out of the shadows: Australia’s finance regulator told to be more ‘forceful’

35 mins ago DieselGasoil Comments Off on Out of the shadows: Australia’s finance regulator told to be more ‘forceful’
SYDNEY (Reuters) – Australia’s prudential regulator should become less “discreet” and be given more power, including the ability to veto corporate boardroom hires, a government report said, in a sign oversight bodies are being dragged into a banking sector clean-up. The Australian Prudential Regulation Authority (APRA) may need more resources and an expanded armory of Read More

Why did Huawei become ‘the whipping boy’ in US-China trade war? RT’s Boom Bust explains

1 hour ago DieselGasoil Comments Off on Why did Huawei become ‘the whipping boy’ in US-China trade war? RT’s Boom Bust explains
The trade spat between the world’s two biggest economies is taking its toll on tech companies in China and Huawei is the prime example. RT’s Boom Bust discusses the telecom giant’s fate as the US-China conflict simmers on. The recent decision to allow American businesses to deal with Huawei after a nearly two-month ban might Read More

Domino’s Pizza U.S. same-store sales miss estimates, shares fall 6%

2 hours ago DieselGasoil Comments Off on Domino’s Pizza U.S. same-store sales miss estimates, shares fall 6%
A Domino’s Pizza restaurant is seen in Los Angeles, California, U.S. July 18, 2018. REUTERS/Lucy Nicholson (Reuters) – Domino’s Pizza Inc (DPZ.N) on Tuesday reported second-quarter same-store sales at its U.S. outlets that grew slower than expected as it faced fierce competition from rival pizza chains and third-party delivery companies, sending its shares down about Read More

Burgeoning family offices manage $5.9 trillion: Campden

3 hours ago DieselGasoil Comments Off on Burgeoning family offices manage $5.9 trillion: Campden
ZURICH (Reuters) – The number of family offices — companies that manage portfolios for individual families — has risen by 38% over the past two years worldwide, advisory group Campden Wealth said, with the firms overseeing assets valued at $5.9 trillion. “We estimate that there are now 7,300 single family offices worldwide, with 42% housed Read More

Oil firms as U.S. supply concerns ease but Iran tension lingers

3 hours ago DieselGasoil Comments Off on Oil firms as U.S. supply concerns ease but Iran tension lingers
LONDON (Reuters) – Oil prices rose on Tuesday as a resumption of output in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply due to shale oil countered tensions in the Middle East. FILE PHOTO: Oil pumps are seen after sunset outside Vaudoy-en-Brie, near Paris, France November 14, 2018. REUTERS/Christian Hartmann Read More

Oil steadies as U.S. supply concerns ease, Iran tension unresolved

4 hours ago DieselGasoil Comments Off on Oil steadies as U.S. supply concerns ease, Iran tension unresolved
LONDON (Reuters) – Oil prices steadied on Tuesday as a resumption of output in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply due to shale oil countered tensions in the Middle East. FILE PHOTO: Oil pumps are seen after sunset outside Vaudoy-en-Brie, near Paris, France November 14, 2018. REUTERS/Christian Hartmann Read More

Sports Direct delays results as House of Fraser deal backfires

6 hours ago DieselGasoil Comments Off on Sports Direct delays results as House of Fraser deal backfires
LONDON (Reuters) – British retailer Sports Direct (SPD.L) has delayed publishing its annual results, warning problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts could affect the financial guidance it gave in December. Shares in the company, controlled by Newcastle United soccer club owner Mike Ashley, dropped as much Read More

High and dry: Alpine resorts grapple with climate change

7 hours ago DieselGasoil Comments Off on High and dry: Alpine resorts grapple with climate change
AROSA, Switzerland (Reuters) – The prospect of searing heatwaves driving holidaymakers to cool mountains and children asking grandparents about their memories of snow is focusing minds in Alpine ski resorts on the implications of climate change. Parts of the Gurschengletscher glacier are covered with tarps in Andermatt, Switzerland July 5, 2019. REUTERS/Arnd Wiegmann With global Read More