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Tesla in advanced talks with LG Chem on battery supply in China: source

17 hours ago DieselGasoil Comments Off on Tesla in advanced talks with LG Chem on battery supply in China: source
(Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) is in advanced talks with South Korea’s LG Chem Ltd (051910.KS) to source batteries for vehicles to be made in its Shanghai plant, a person familiar with the matter said. FILE PHOTO – Tesla super chargers are shown in Mojave, California, U.S. July 10, 2019. REUTERS/Mike Read More

Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal: source

17 hours ago DieselGasoil Comments Off on Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal: source
FILE PHOTO: The logo of Deutsche bank is seen in Hong Kong, China July 8, 2019. REUTERS/Tyrone Siu/File Photo FRANKFURT/PARIS (Reuters) – A deal in the works for BNP Paribas (BNPP.PA) to assume the prime brokerage operations of Deutsche Bank (DBKGn.DE) will involve the transfer of up to 800 people, a person with knowledge of Read More

Exclusive: Boeing, grappling with uneven 737 supply chain, targets 52 per month in February – sources

1 day ago DieselGasoil Comments Off on Exclusive: Boeing, grappling with uneven 737 supply chain, targets 52 per month in February – sources
SEATTLE (Reuters) – Boeing Co (BA.N) has told suppliers it will resume production of its best-selling 737 jets at a rate of 52 aircraft per month in February 2020, then stepping up to a record 57 jets monthly in June, three people familiar with the matter told Reuters. FILE PHOTO: Grounded Boeing 737 MAX aircraft Read More

FAA plans to test Boeing MAX software on less-experienced pilots: sources

1 day ago DieselGasoil Comments Off on FAA plans to test Boeing MAX software on less-experienced pilots: sources
CHICAGO (Reuters) – The U.S. Federal Aviation Administration plans to test next month how pilots with around one year of experience flying Boeing 737 jets handle new software on the MAX model, four sources with knowledge of the matter said. FILE PHOTO: A worker walks past unpainted Boeing 737 MAX aircraft seen parked in an Read More

Metal-munching bacteria devouring Titanic’s remains & turning wreck to dust

2 days ago DieselGasoil Comments Off on Metal-munching bacteria devouring Titanic’s remains & turning wreck to dust
An army of microbes is munching through the Titanic wreck, a rare dive has revealed. The famous ship has deteriorated since it was last visited, and will soon disappear entirely as it’s subsumed into the Atlantic Ocean. Deep ocean explorers recently visited the famous ship’s wreck, the first crewed dive in 14 years, and were Read More

Clear Blue Technologies To Report Fiscal 2019 Second-Quarter Financial Results and Host Conference Call On Wednesday, August 28

2 days ago DieselGasoil Comments Off on Clear Blue Technologies To Report Fiscal 2019 Second-Quarter Financial Results and Host Conference Call On Wednesday, August 28
TORONTO, Aug. 21, 2019 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (Clear Blue or “the Company”) (TSXV: CBLU) (FRANKFURT: 0YA), the Smart Off-Grid™ company, today announced that it will report financial results for its second quarter of fiscal 2019 on Wednesday, August 28, 2019, before the market opens. Clear Blue will host a conference Read More

Covia Appoints Richard Navarre as President and CEO

3 days ago DieselGasoil Comments Off on Covia Appoints Richard Navarre as President and CEO
INDEPENDENCE, Ohio, Aug. 21, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, today announced that its Board of Directors has appointed Richard Navarre President and Chief Executive Officer, effective September 1, 2019. “I am honored the Board has chosen me to lead Covia Read More

Resale clothing company thredUP gets $175 million in funding

3 days ago DieselGasoil Comments Off on Resale clothing company thredUP gets $175 million in funding
NEW YORK (Reuters) – Online resale store thredUP said on Wednesday it received $175 million in funding which it will use to expand its platform to offer resale clothing services to retailers. Clothing hangs on racks in thredUP’s warehouse in Mechanicsburg, Pennsylvania, U.S. in this 2018 handout photo obtained by Reuters August 20, 2019. thredUP/Handout Read More

U.S. Steel plans to lay off hundreds of workers in Michigan

3 days ago DieselGasoil Comments Off on U.S. Steel plans to lay off hundreds of workers in Michigan
CHICAGO (Reuters) – United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with the State of Michigan. Water and steam fly off of a slab of steel rolls down the line at a steel mill in Read More