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Goldman Sachs faces criminal charges in Malaysia for helping billions vanish from state fund

51 mins ago DieselGasoil Comments Off on Goldman Sachs faces criminal charges in Malaysia for helping billions vanish from state fund
Malaysia filed criminal charges against Goldman Sachs and two ex-bankers over the multi-billion dollar looting of state fund, 1MDB. The US bank denies the accusation, claiming it was deceived by the previous Malaysian government. The subsidiaries of the Wall Street banking giant and its former key employees, ex-chairman of Goldman’s South East Asia, Tim Leissner, Read More

Husky Energy Announces Regulatory Approvals For MEG Energy Acquisition

4 hours ago DieselGasoil Comments Off on Husky Energy Announces Regulatory Approvals For MEG Energy Acquisition
CALGARY, Alberta, Dec. 18, 2018 (GLOBE NEWSWIRE) — Husky Energy (TSX:HSE) today announced it has met all regulatory requirements for its full and fair offer to acquire MEG Energy, including approval granted under the Investment Canada Act. “Receiving regulatory approvals is a significant step toward realizing this compelling opportunity,” said CEO Rob Peabody. “Our proposal Read More

US arms concern warns Canada of ‘billions of dollars of liability’ if Trudeau scraps Saudi deal

12 hours ago DieselGasoil Comments Off on US arms concern warns Canada of ‘billions of dollars of liability’ if Trudeau scraps Saudi deal
A major US-based military vehicle manufacturer has warned the Canadian government against terminating a $12bn arms deal with Riyadh, after Prime Minister Justin Trudeau suggested that Ottawa was seeking a way out. General Dynamics Land Systems (GDLS), a Canadian subsidiary of General Dynamics Corporation, a US-based multinational aerospace and defense corporation, stated on Monday that Read More

US-based arms exporter warns Canada of ‘billions of dollars of liability’ if Trudeau tears up Saudi

13 hours ago DieselGasoil Comments Off on US-based arms exporter warns Canada of ‘billions of dollars of liability’ if Trudeau tears up Saudi
A major US-based military vehicle manufacturer has warned the Canadian government against terminating a $12bn arms deal with Riyadh, after Prime Minister Justin Trudeau suggested that Ottawa was seeking a way out. General Dynamics Land Systems (GDLS), a Canadian subsidiary of General Dynamics Corporation, a US-based multinational aerospace and defense corporation, stated on Monday that Read More

J&J moves to limit impact of Reuters report on asbestos in Baby Powder

16 hours ago DieselGasoil Comments Off on J&J moves to limit impact of Reuters report on asbestos in Baby Powder
NEW YORK (Reuters) – Johnson & Johnson on Monday scrambled to contain fallout from a Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder, taking out full-page newspaper ads defending its product and practices, and readying its chief executive for his first television interview since investors erased Read More

General Dynamics warns Canada of huge liability if it cancels Saudi deal

20 hours ago DieselGasoil Comments Off on General Dynamics warns Canada of huge liability if it cancels Saudi deal
Canada’s Prime Minister Justin Trudeau holds a news conference on the final day of the G20 leaders summit in Buenos Aires, Argentina December 1, 2018. REUTERS/Martin Acosta OTTAWA (Reuters) – The Canadian arm of General Dynamics Corp (GD.N) warned Ottawa on Monday the federal government would incur “billions of dollars of liability” by unilaterally scrapping Read More

Gran Tierra Energy Inc. Announces Operational Update and 2019 Guidance: 12 to 18% Production Growth within Cash Flow

1 day ago DieselGasoil Comments Off on Gran Tierra Energy Inc. Announces Operational Update and 2019 Guidance: 12 to 18% Production Growth within Cash Flow
CALGARY, Alberta, Dec. 17, 2018 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (NYSE MKT:GTE) (TSX:GTE) (LSE:GTE), is pleased to announce an operational update and its 2019 capital budget and production guidance. All dollar amounts are in United States dollars and all production volumes are on a working interest Read More

German regional state to sue VW over diesel (gasoil) scandal – FAZ

1 day ago DieselGasoil Comments Off on German regional state to sue VW over diesel (gasoil) scandal – FAZ
FRANKFURT (Reuters) – The German state of Baden-Wuerttemberg plans to sue Volkswagen over the carmaker’s cheating of emissions tests, newspaper Frankfurter Allgemeine Zeitung (FAZ) reported on Monday. FILE PHOTO: Volkswagen logos during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker/File Photo The federal Read More

TransGlobe Energy Corporation Announces a Q4 2018 Update

1 day ago DieselGasoil Comments Off on TransGlobe Energy Corporation Announces a Q4 2018 Update
This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta, Dec. 17, 2018 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (AIM & TSX: “TGL” & NASDAQ: “TGA”) (“TransGlobe” Read More

China trade steps seen as good start but leave core U.S. demands untouched

1 day ago DieselGasoil Comments Off on China trade steps seen as good start but leave core U.S. demands untouched
WASHINGTON (Reuters) – The United States has welcomed Chinese concessions since the two declared a trade war truce in early December, but trade experts and people familiar with negotiations say Beijing needs to do far more to meet U.S. demands for long-term change in how China does business. FILE PHOTO: U.S. dollar and China yuan Read More