newszine

Asset managers brace for more job cuts amid market turbulence

1 day ago DieselGasoil Comments Off on Asset managers brace for more job cuts amid market turbulence
LONDON/NEW YORK (Reuters) – Turmoil on financial markets is expected to deepen layoffs and accelerate acquisitions in the fund management industry. FILE PHOTO: People walk through the financial district during rainy weather in London, Britain, September 23, 2018. REUTERS/Henry Nicholls/File Photo BlackRock (BLK.N), the world’s largest money manager, and industry No. 3 State Street (STT.N) Read More

‘Same bull. Same bully’: Iranian FM trolls Bolton with #10YearChallenge tweet

4 days ago DieselGasoil Comments Off on ‘Same bull. Same bully’: Iranian FM trolls Bolton with #10YearChallenge tweet
Javad Zarif has again shown his knack for roasting US officials on Twitter, this time mocking National Security Advisor John Bolton for 10 years of calls to attack Iran. While Bolton remains stubbornly attached to leveling clichéd digs about Iran’s “malign” and “murderous” “mullahs,” Zarif highlighted his opponents “delusional” aversion to change with a #10YearChallenge Read More

Netflix raises prices for U.S. subscribers

1 week ago DieselGasoil Comments Off on Netflix raises prices for U.S. subscribers
(Reuters) – Netflix Inc (NFLX.O) is raising monthly fees for its U.S. subscribers by between 13 percent and 18 percent, the video streaming pioneer’s first price increase since 2017 as it spends heavily on original content and international expansion. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. Read More

Fintech firms want to shake up banking, and that worries the Fed

1 week ago DieselGasoil Comments Off on Fintech firms want to shake up banking, and that worries the Fed
WASHINGTON (Reuters) – The U.S. Federal Reserve is wary of giving “fintech” firms such as OnDeck Capital Inc (ONDK.N) or Kabbage Inc. access to the country’s financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold. FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks Read More

After Monsanto patent ruling, Indian farmers hope for next-gen GM seeds

2 weeks ago DieselGasoil Comments Off on After Monsanto patent ruling, Indian farmers hope for next-gen GM seeds
MUMBAI/NEW DELHI (Reuters) – A court ruling in India this week that upheld a Monsanto patent on genetically modified (GM) cotton seeds has raised hopes among farmers that the company would now launch its next-generation seeds, the application for which it pulled two years ago. FILE PHOTO: Monsanto is displayed on a screen where the Read More

Shining like 600 trillions suns: Hubble spots stunning star-producing quasar

2 weeks ago DieselGasoil Comments Off on Shining like 600 trillions suns: Hubble spots stunning star-producing quasar
After a 20 year search, the Hubble Telescope has found the brightest quasar ever seen in the early universe, which is brighter than 600-trillion suns and creates 100,000 stars each year. What’s a Quasar? Quasars are massive celestial objects which emit huge amounts of energy. They are the bright nuclei of active galaxies and have Read More

Exclusive: VW, China spearhead $300 billion global drive to electrify cars

2 weeks ago DieselGasoil Comments Off on Exclusive: VW, China spearhead $300 billion global drive to electrify cars
(Reuters) – Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry’s transition from fossil fuels and shifting power to Asian battery and electric vehicle technology suppliers. Volkswagen logos are pictured during Read More

Blizzard announces Overwatch’s Soldier: 76 is gay, fan base squeals

2 weeks ago DieselGasoil Comments Off on Blizzard announces Overwatch’s Soldier: 76 is gay, fan base squeals
Video game company Blizzard has revealed a second canonically gay character in Overwatch, one of the most popular games in the world. Reactions were mixed. Soldier: 76 (aka Jack Morrison), the over-the-top grizzled macho man with a gravelly voice and quite a few battle scars, is gay and has been all along, a new in-universe Read More