newszine

Costly Saudi defenses prove no match for drones, cruise missiles

2 hours ago DieselGasoil Comments Off on Costly Saudi defenses prove no match for drones, cruise missiles
RIYADH/DUBAI (Reuters) – Billions of dollars spent by Saudi Arabia on cutting edge Western military hardware mainly designed to deter high altitude attacks has proved no match for low-cost drones and cruise missiles used in a strike that crippled its giant oil industry. Smoke is seen following a fire at Aramco facility in the eastern Read More

Explainer: Why Asia’s biggest economies are backing hydrogen fuel cell cars

4 hours ago DieselGasoil Comments Off on Explainer: Why Asia’s biggest economies are backing hydrogen fuel cell cars
TOKYO (Reuters) – China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their roads by the end of the next decade at a cost of billions of dollars. FILE PHOTO: An Air Liquide hydrogen station for hydrogen fuel cell cars is seen in Paris, France, October 13, 2016. Read More

JP Morgan traders accused of manipulating price of gold, silver for a DECADE, as DoJ tries to look tough on Wall Street

1 day ago DieselGasoil Comments Off on JP Morgan traders accused of manipulating price of gold, silver for a DECADE, as DoJ tries to look tough on Wall Street
Precious metals traders at JP Morgan made millions through fraudulent trades, operating a sprawling criminal conspiracy to manipulate prices, according to the US Justice Department, which appears to be signaling a crackdown. Current and former JP Morgan precious metals traders Gregg Smith, Michael Nowak, and Christopher Jordan engaged in “a massive, multiyear scheme to manipulate Read More

Airbus, French exporters slip as U.S. tariffs loom in subsidy row

2 days ago DieselGasoil Comments Off on Airbus, French exporters slip as U.S. tariffs loom in subsidy row
A logo of Airbus is seen on a flag at Airbus headquarters in Blagnac, near Toulouse, France, February 14, 2019. REUTERS/Regis Duvignau LONDON/PARIS (Reuters) – Shares in Airbus (AIR.PA) and other key French exporters fell on Monday as Europe and the United States edged closer toward tit-for-tat sanctions in a long-running dispute over aircraft subsidies. Read More

Volkswagen agrees to Australian settlement over diesel (gasoil) cheating

2 days ago DieselGasoil Comments Off on Volkswagen agrees to Australian settlement over diesel (gasoil) cheating
SYDNEY (Reuters) – Volkswagen (VOWG_p.DE) said on Monday it had agreed to pay up to A$127 million ($87.3 million) to settle lawsuits brought on behalf of thousands of Australian customers caught up in its global diesel (gasoil) emissions cheating scandal. FILE PHOTO: A new logo of German carmaker Volkswagen is unveiled at the VW headquarters Read More

OxyContin maker Purdue Pharma files for bankruptcy protection

2 days ago DieselGasoil Comments Off on OxyContin maker Purdue Pharma files for bankruptcy protection
NEW YORK (Reuters) – OxyContin maker Purdue Pharma LP filed for bankruptcy protection in New York Sunday night, succumbing to pressure from more than 2,000 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic. FILE PHOTO: Bottles of prescription painkiller OxyContin pills, made by Purdue Pharma LP sit on a counter at a Read More

Attacks on Saudi facilities threaten spare oil capacity, price hikes

3 days ago DieselGasoil Comments Off on Attacks on Saudi facilities threaten spare oil capacity, price hikes
HOUSTON (Reuters) – Saturday’s attacks on key Saudi Arabia processing plants will test the world’s ability to handle a supply crisis as it faces the temporary loss of more than 5% of global supply from the world’s biggest crude exporter. Smoke is seen following a fire at an Aramco factory in Abqaiq, Saudi Arabia, September Read More

Greenpeace members face federal, state charges in Houston protest

4 days ago DieselGasoil Comments Off on Greenpeace members face federal, state charges in Houston protest
HOUSTON (Reuters) – Federal and state authorities on Friday criminally charged climate change protesters for shutting down the largest U.S. energy-export port for a day by dangling from a bridge. FILE PHOTO: Greenpeace USA climbers form a blockade on the Fred Hartman Bridge, shutting down the Houston Ship Channel, the largest fossil fuel thoroughfare in Read More

Disney CEO Bob Iger resigns from Apple board as TV battle looms

4 days ago DieselGasoil Comments Off on Disney CEO Bob Iger resigns from Apple board as TV battle looms
FILE PHOTO: Walt Disney CEO Bob Iger attends the European premiere of “The Lion King” in London, Britain July 14, 2019. REUTERS/Henry Nicholls (Reuters) – Apple Inc (AAPL.O) said on Friday Walt Disney Co (DIS.N) Chief Executive Officer Bob Iger had resigned from the company’s board of directors on Sept. 10 as the two companies Read More

Tropical cyclone bears down on Bahamas, U.N. pledges aid

4 days ago DieselGasoil Comments Off on Tropical cyclone bears down on Bahamas, U.N. pledges aid
NASSAU (Reuters) – A tropical cyclone carrying heavy rain and strong winds neared the already devastated Bahamas on Friday, threatening to complicate Hurricane Dorian recovery efforts as the U.N. secretary-general arrived in the islands in a show of support. FILE PHOTO: A volunteer of the NGO World Central Kitchen gestures as a helicopter leaves after Read More