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China’s tech transfer problem is growing, EU business group says

15 hours ago DieselGasoil Comments Off on China’s tech transfer problem is growing, EU business group says
BEIJING (Reuters) – Cases of European firms forced to transfer technology in China are increasing despite Beijing saying the problem does not exist, a European business lobby said, adding that its outlook on the country’s regulatory environment is “bleak”. FILE PHOTO: An attendant walks past EU and China flags ahead of the EU-China High-level Economic Read More

Bank staff flagged Trump, Kushner transactions for watchdog: NYTimes

16 hours ago DieselGasoil Comments Off on Bank staff flagged Trump, Kushner transactions for watchdog: NYTimes
WASHINGTON (Reuters) – Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, the New York Times reported on Sunday. FILE PHOTO: U.S. President Donald Trump passes his adviser and son-in-law Read More

U.S. recession risk rises as U.S.-China trade tensions heat up: Reuters poll

4 days ago DieselGasoil Comments Off on U.S. recession risk rises as U.S.-China trade tensions heat up: Reuters poll
BENGALURU (Reuters) – Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters, who now put the chances of that happening in the next two years at 40%. FILE PHOTO: A cashier handles money in Macy’s Herald Square in Manhattan, Read More

Palladium boom gives South African miners only temporary reprieve

4 days ago DieselGasoil Comments Off on Palladium boom gives South African miners only temporary reprieve
LONDON (Reuters) – A surge in palladium prices has thrown struggling South African mining companies a lifeline. But it may not be enough. FILE PHOTO: Ingots of 99.97 percent pure palladium are stored at a plant owned by Krastsvetmet, one of the world’s biggest manufacturers of non-ferrous metals, in Krasnoyarsk, Russia April 9, 2019. REUTERS/Ilya Read More

Facebook busts Israeli influence campaign that targeted elections on 3 continents

4 days ago DieselGasoil Comments Off on Facebook busts Israeli influence campaign that targeted elections on 3 continents
Facebook has uncovered an extensive Israeli-run political influence campaign that has been ‘changing reality according to clients’ wishes’ targeting elections in African, Latin America and Asian nations for years. The social media platform has shut down 65 Facebook accounts, 161 pages, 23 groups, 12 events, and four Instagram accounts run out of Israel, citing its Read More

Facebook busts Israeli election-meddling network that targeted elections on 3 continents for 7 YEARS

4 days ago DieselGasoil Comments Off on Facebook busts Israeli election-meddling network that targeted elections on 3 continents for 7 YEARS
Facebook has uncovered an extensive Israeli-run political influence campaign that has been ‘changing reality according to clients’ wishes’ targeting elections in African, Latin America and Asian nations for years. The social media platform has shut down 65 Facebook accounts, 161 pages, 23 groups, 12 events, and four Instagram accounts run out of Israel, citing its Read More

Sundance Energy Australia Limited Reports First Quarter 2019 Financial and Operational Results

4 days ago DieselGasoil Comments Off on Sundance Energy Australia Limited Reports First Quarter 2019 Financial and Operational Results
DENVER, May 16, 2019 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, reported its first quarter 2019 financial and operations results today. First Quarter 2019 Financial Results Highlights First quarter Read More

Orca Exploration Announces Completion of its Q1 2019 Interim Filings

4 days ago DieselGasoil Comments Off on Orca Exploration Announces Completion of its Q1 2019 Interim Filings
TORTOLA, British Virgin Islands, May 16, 2019 (GLOBE NEWSWIRE) — Orca Exploration Group Inc. (“Orca” or the “Company“) announces that it has filed its condensed consolidated interim financial statements and management’s discussion and analysis for the three month period ended March 31, 2019 with the Canadian securities regulatory authorities. During Q1 2019 the Company continued Read More

Fed needs to let inflation rise above 2%, Kashkari says

4 days ago DieselGasoil Comments Off on Fed needs to let inflation rise above 2%, Kashkari says
SANTA BARBARA, Calif. (Reuters) – Low U.S. inflation expectations are sapping the Federal Reserve’s ability to respond to a future downturn, Minneapolis Fed President Neel Kashkari said Thursday, calling for the Fed to allow inflation to rise above 2% to bring the economy back to full strength. President of the Federal Reserve Bank on Minneapolis Read More

Explainer: Why Zimbabwe faces worst power cuts in three years

4 days ago DieselGasoil Comments Off on Explainer: Why Zimbabwe faces worst power cuts in three years
HARARE (Reuters) – Zimbabwe is experiencing its worst power cuts in three years, lasting up to 10 hours daily in some areas and threatening mining output in one of the world’s biggest platinum and gold producers. FILE PHOTO: Student Rutendo Madziva reads by candlelight during an electrical power cut in Marondera, Zimbabwe, May 14, 2019. Read More