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Prudential subsidiaries to pay nearly $33 million to settle disclosure charges: SEC

3 days ago DieselGasoil Comments Off on Prudential subsidiaries to pay nearly $33 million to settle disclosure charges: SEC
WASHINGTON (Reuters) – Two Prudential subsidiaries have agreed to pay nearly $33 million to settle charges they failed to disclose conflicts of interest and made misleading disclosures regarding 94 insurance-dedicated mutual funds they advised, the U.S. securities regulator said on Monday. The Securities and Exchange Commission (SEC) said it had censured AST Investment Services Inc Read More

Investing green is all the rage, but benchmarks still hazy

1 week ago DieselGasoil Comments Off on Investing green is all the rage, but benchmarks still hazy
SYDNEY (Reuters) – Global money managers and companies are rushing to meet a deadline to report on their carbon footprint, but the lack of a standard metric raises concerns their efforts could just be a box-ticking exercise in the transition from brown to green. FILE PHOTO: Power-generating windmill turbines are pictured during sunset at a Read More

JP Morgan makes it clear to staff that Taiwan & Hong Kong are part of China

1 week ago DieselGasoil Comments Off on JP Morgan makes it clear to staff that Taiwan & Hong Kong are part of China
Wall Street banking giant JPMorgan Chase has told some of its staff to ensure that they do not refer to Hong Kong, Macau or self-governing Taiwan as separate countries. The bank’s supervisory analyst global manager, Stuart Marston, said in an email seen by Bloomberg that the regions should on first reference be Hong Kong SAR, Read More

Covia Closes the Sale of the Winchester and Western Railroad for $105 Million

1 week ago DieselGasoil Comments Off on Covia Closes the Sale of the Winchester and Western Railroad for $105 Million
INDEPENDENCE, Ohio, Sept. 11, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, announced that effective today, it has closed on the sale of the Winchester and Western Railroad to an affiliate of OmniTRAX, Inc. (“OmniTRAX”). Gross proceeds are $105 million in cash, subject Read More

Judge lets Facebook privacy class action proceed, calls company’s views ‘so wrong’

1 week ago DieselGasoil Comments Off on Judge lets Facebook privacy class action proceed, calls company’s views ‘so wrong’
(Reuters) – A federal judge on Monday ordered Facebook Inc (FB.O) to face most of a nationwide lawsuit seeking damages for letting third parties such as Cambridge Analytica access users’ private data, calling the social media company’s views on privacy “so wrong.” Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference Read More

Novartis CEO pledges to speed data integrity disclosures

2 weeks ago DieselGasoil Comments Off on Novartis CEO pledges to speed data integrity disclosures
FILE PHOTO: CEO Vas Narasimhan of Swiss drugmaker Novartis addresses the company’s annual news conference in Basel, Switzerland January 30, 2019. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – Novartis (NOVN.S) Chief Executive Vas Narasimhan promised to inform U.S. regulators quickly if credible questions emerge internally over data integrity, he told investors on Monday, following data manipulation Read More

Orca Exploration Announces Appointment of RBC Capital Markets as financial advisor and Board changes

2 weeks ago DieselGasoil Comments Off on Orca Exploration Announces Appointment of RBC Capital Markets as financial advisor and Board changes
TORTOLA, British Virgin Islands, Sept. 05, 2019 (GLOBE NEWSWIRE) — Orca Exploration Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B), operator of the Songo Songo gas field in Tanzania, today announces the appointment of RBC Capital Markets (“RBC”) to review strategic alternatives for the Company under the direction of a special committee of independent Read More

Gevo Announces Breakthrough Development of Low-Carbon No Particulate Renewable diesel (gasoil)

2 weeks ago DieselGasoil Comments Off on Gevo Announces Breakthrough Development of Low-Carbon No Particulate Renewable diesel (gasoil)
ENGLEWOOD, Colo., Sept. 04, 2019 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) a leading renewable fuels and chemicals manufacturer, announced today that it has developed proprietary, breakthrough processes that converts either low-carbon isobutanol or low-value “fusel oils,” a mixture of alcohols that are byproducts from fermentation processes such as alcohol production, into renewable diesel (gasoil). Read More

U.S. counter-spies launch campaign against ‘insider’ threats

2 weeks ago DieselGasoil Comments Off on U.S. counter-spies launch campaign against ‘insider’ threats
(Reuters) – The office of the top U.S. counterintelligence official is launching a campaign to alert government employees, contractors and the general public to “serious risks” of security breaches or violence posed by “insiders.” FILE PHOTO: A man takes part in a hacking contest during the Def Con hacker convention in Las Vegas, Nevada, U.S. Read More

Gevo Supplies Avfuel with Sustainable Aviation Fuel (SAF) for Demonstration Event in Jackson Hole, Wyoming

2 weeks ago DieselGasoil Comments Off on Gevo Supplies Avfuel with Sustainable Aviation Fuel (SAF) for Demonstration Event in Jackson Hole, Wyoming
ENGLEWOOD, Colo., Sept. 03, 2019 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) a leading renewable fuels and chemicals manufacturer, announced today it supplied sustainable aviation fuel (SAF) to support the Avfuel demonstration event to raise awareness on the viability and safety of SAF. Scheduled for today and tomorrow, Avfuel will supply 7,300 gallons of ASTM Read More