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Royal Bank of Scotland CEO McEwan to step down after more than five years

3 hours ago DieselGasoil Comments Off on Royal Bank of Scotland CEO McEwan to step down after more than five years
LONDON (Reuters) – Royal Bank of Scotland is searching for a new chief executive after Ross McEwan resigned, signaling a fresh start as it heads for full private ownership after a state bailout. FILE PHOTO: Royal Bank of Scotland chief executive Ross McEwan is seen outside Downing Street in London, Britain March 20, 2019. REUTERS/Hannah Read More

Royal Bank of Scotland CEO McEwan resigns after more than five years

4 hours ago DieselGasoil Comments Off on Royal Bank of Scotland CEO McEwan resigns after more than five years
LONDON (Reuters) – Royal Bank of Scotland plc is searching for a new chief executive after Ross McEwan resigned, signaling a fresh start as it heads for full private ownership after a state bailout. FILE PHOTO: Royal Bank of Scotland chief executive Ross McEwan is seen outside Downing Street in London, Britain March 20, 2019. Read More

Nokia reports surprise first quarter loss, sees pressure in second half

6 hours ago DieselGasoil Comments Off on Nokia reports surprise first quarter loss, sees pressure in second half
HELSINKI (Reuters) – Finnish telecom network equipment maker Nokia reported a surprise quarterly loss on Thursday, citing hard competition in its core networks business. FILE PHOTO: A Nokia logo is seen at the company’s headquarters in Espoo, Finland, May 5, 2017. REUTERS/Ints Kalnins “The slow start to 2019 and expected weak overall first half puts Read More

Ford Motor puts $500 million into electric pickup producer Rivian

6 hours ago DieselGasoil Comments Off on Ford Motor puts $500 million into electric pickup producer Rivian
(Reuters) – Ford Motor said on Wednesday it was investing $500 million in U.S. electric pickup truck startup Rivian Automotive LLC, becoming the latest deep pocket investor in the firm, which is seen as a potential rival to Silicon Valley’s Tesla Inc (TSLA.O). FILE PHOTO: R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric Read More

SoftBank invests $125 million in Alphabet venture to put cellphone antennas in the sky

9 hours ago DieselGasoil Comments Off on SoftBank invests $125 million in Alphabet venture to put cellphone antennas in the sky
SAN FRANCISCO (Reuters) – A SoftBank Corp business seeking to find a way to fly cellphone antennas high in the atmosphere to provide internet in underserved areas said on Wednesday it was investing $125 million in an Alphabet Inc spinoff working on the same problem. FILE PHOTO: The logo of SoftBank Group Corp is displayed Read More

Shell has made a deepwater disciver in the U.S. Gulf of Mexico

22 hours ago DieselGasoil Comments Off on Shell has made a deepwater disciver in the U.S. Gulf of Mexico
4/24/2019 U.S. Gulf of Mexico Map. Photo: Equinor. THE HAGUE — Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has announced a significant discovery at the Blacktip prospect in the deepwater U.S. Gulf of Mexico. Evaluation is ongoing and appraisal planning is underway to further delineate the discovery and define development options. “Blacktip is Read More

Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low

1 day ago DieselGasoil Comments Off on Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low
TOKYO (Reuters) – Nissan Motor Co slashed its full-year profit forecast to its lowest in nearly a decade due to weakness in the United States, just as it adjusts to life without Carlos Ghosn and charts its future with alliance partner Renault SA. FILE PHOTO: A Nissan logo is pictured during the media day for Read More

Stronger than ever? Chinese fleet marks its 70th anniversary

2 days ago DieselGasoil Comments Off on Stronger than ever? Chinese fleet marks its 70th anniversary
China’s naval forces are celebrating their 70th anniversary. And they definitely have something to celebrate, as the nation’s naval capabilities have grown exponentially over the past decade – and are set to expand even more. The celebrations have been marked with a large maritime parade off the large port city of Qingdao, as well as Read More

Former porn star Sunny Leone hits back at critics of career change

2 days ago DieselGasoil Comments Off on Former porn star Sunny Leone hits back at critics of career change
Porn star turned Bollywood actress Sunny Leone has struck back at internet trolls and “weird fanatics” who criticized her move away from the adult film industry. Leone was appearing on a web chat show hosted by fellow Indian actor, Arbaaz Khan, when she responded to various “mean tweets” and thanked her “haters” for taking such Read More