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ProSieben sees pressure easing as Netflix raises prices

2 days ago DieselGasoil Comments Off on ProSieben sees pressure easing as Netflix raises prices
MUNICH (Reuters) – ProSiebenSat.1 Media believes that price increases by U.S. streaming giant Netflix could ease competitive pressures on the German group’s core TV business and is bullish on growth at its e-commerce arm, CEO Max Conze said. FILE PHOTO – The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. Read More

Elliott-target Pernod pledges to further improve governance

4 days ago DieselGasoil Comments Off on Elliott-target Pernod pledges to further improve governance
PARIS (Reuters) – Pernod Ricard (PERP.PA), the family-backed French spirits group under pressure from activist investor Elliott, will continue to improve its governance, it pledged on Friday. FILE PHOTO: Bottles of single malt scotch whisky The Glenlivet, part of the Pernod Ricard group, are pictured in a shop near Lausanne, Switzerland May 18, 2017. REUTERS/Denis Read More

Siemens rules out further concessions to get Alstom deal approval: sources

5 days ago DieselGasoil Comments Off on Siemens rules out further concessions to get Alstom deal approval: sources
MUNICH (Reuters) – Siemens (SIEGn.DE) will not make further concessions to save a rail merger deal with France’s Alstom (ALSO.PA) even after European competition authorities demanded further concessions, sources familiar with the matter said. FILE PHOTO: The Siemens logo is seen on a building in Siemensstadt in Berlin, Germany, October 31, 2018. REUTERS/Hannibal Hanschke Siemens Read More

Oil retreats with equities as rally to bull market seen overdone

1 week ago DieselGasoil Comments Off on Oil retreats with equities as rally to bull market seen overdone
By Sharon Cho and Grant Smith on 1/14/2019 SINGAPORE and LONDON (Bloomberg) — Oil extended its retreat as investor appetite for risk assets shrank and uncertainty persisted over how much OPEC will need to cut output to counter booming U.S. shale supplies.  Futures in New York lost as much as 2.3%, after falling for the Read More

Citigroup allows hedge fund ValueAct more access

2 weeks ago DieselGasoil Comments Off on Citigroup allows hedge fund ValueAct more access
FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren NEW YORK (Reuters) – Citigroup Inc (C.N) will give ValueAct Capital more access to its books and board of directors, signaling that the bank and the activist investing firm are Read More

Afghan serial offender deported from Germany & flown back… to Germany – media

2 weeks ago DieselGasoil Comments Off on Afghan serial offender deported from Germany & flown back… to Germany – media
An Afghan man, who has 23 offenses in his criminal record in Germany, reportedly spent only a few hours on board a deportation flight to Kabul, but was sent back to Germany right after landing in Afghanistan. The male in question, identified as Mortaza D., was subject to deportation from Germany after being convicted for Read More

Pentagon denies knowledge of prisoner abuse by US-backed forces in Yemen, but doubts linger

2 weeks ago DieselGasoil Comments Off on Pentagon denies knowledge of prisoner abuse by US-backed forces in Yemen, but doubts linger
Amid mounting allegations of rape and torture of prisoners in Yemen by US-backed troops, the Pentagon says it’s not aware of any cases. That denial may signal Washington’s own involvement in the wrongdoing, RT was told. A recently unclassified version of a report from the US Department of Defense to Congress claims the Pentagon doesn’t Read More