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Eskom split to minimize risks to South Africa, Ramaphosa says

5 days ago DieselGasoil Comments Off on Eskom split to minimize risks to South Africa, Ramaphosa says
JOHANNESBURG/CAPE TOWN (Reuters) – South African President Cyril Ramaphosa said his plan to divide struggling state power firm Eskom into three units would minimize risks to the economy, as a fifth day of power cuts hurt businesses and drove the rand to a six-week low on Thursday. FILE PHOTO: The logo of state power utility Read More

Upstart pitches plan for cheapest U.S. gas on water

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By Naureen S. Malik and Christine Buurma on 2/14/2019 Photo: Venture Global LNG. NEW YORK (Bloomberg) — A little-known company is planning to be a standout in the crowded field of U.S. shale gas exports by slashing construction costs for the massive terminals that turn gas into a transportable liquid. The founders of Venture Global LNG Read More

US charges former agent with spying for Iran

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By Rebecca Taylor, news reporter A former US air force counter-intelligence officer has been charged with revealing classified information to Iran. The indictment from the US Department of Justice came as a suicide bomber killed 20 people and injured 20 others in a targeted attack against a bus carrying personnel from Iran’s elite paramilitary Revolutionary Read More

T-Mobile CEO defends Sprint deal in Congress

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WASHINGTON (Reuters) – T-Mobile US Inc Chief Executive John Legere defended his company’s $26 billion deal to buy rival wireless carrier Sprint Corp in Congress on Wednesday, stressing the jobs it will create and how it will benefit construction of the next generation of wireless networks. “Our merger will be jobs positive from day one,” Read More

‘Enemy can’t ask us to leave, they must leave’: Iran calls for US to withdraw from the region

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Tehran has brushed off US calls to pull its forces out of Middle East countries, saying that it is the ‘enemy’ Washington who should go back home. It comes as Iran marks 40 years since the Islamic Revolution. As the US’ own forces start to withdraw from Syria, Washington is increasingly worried that Tehran is Read More

‘A machine with no compassion’: Mexico’s former president on Trump’s divisive ‘f*** you’ politics

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Mexico’s former president Vicente Fox has again lashed out at Donald Trump, decrying his divisive and confrontational approach to the whole world as ‘America is great, F*** the rest’ – even doubting the US president’s humanity. “He doesn’t seem to be a human being, he just looks like a machine, he doesn’t have any compassion,” Read More

Brexiteers would ‘DIVIDE HELL’, says EU Parliament’s Brexit negotiator, gets roasted

2 weeks ago DieselGasoil Comments Off on Brexiteers would ‘DIVIDE HELL’, says EU Parliament’s Brexit negotiator, gets roasted
Guy Verhofstadt, the EU’s chief Brexit negotiator, is facing social media fire and brimstone after he quipped that Brexiteers would ‘divide hell’. His slight follows similar comments made by other Brexit-hating EU officials. The EU parliamentarian apparently felt compelled to throw his support behind incendiary comments made by president of the EU Council, who wondered Read More

Fiat Chrysler, Bosch agree to pay $66 million in diesel (gasoil) legal fees: filing

2 weeks ago DieselGasoil Comments Off on Fiat Chrysler, Bosch agree to pay $66 million in diesel (gasoil) legal fees: filing
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV and Robert Bosch have agreed to pay lawyers representing owners of U.S. diesel (gasoil) vehicles $66 million in fees and costs, according to court filing on Wednesday and people briefed on the matter. FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at the Read More

Why women wore white at the State of the Union

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By Alix Culbertson, news reporter In a stunning display of solidarity during the State of the Union address, female Democrats wore white – a stark contrast from the sea of dark suits in the House of Representatives. The white trouser suits, power dresses, hats, shawls and scarves were designed to act as a tribute to Read More

Clothes worn at Trump's address illustrate huge divide in US politics

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By Greg Milam, US correspondent The divide in American politics has rarely been so visual – a congressional chamber split between dark suits and white, and apparently very little common ground between them. Donald Trump’s State of the Union address began and ended with calls for Democrats and Republicans to bridge that divide and work Read More