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Gucci owner Kering close to settling Italian tax case for 1.3 to 1.4 billion euros: sources

2 hours ago DieselGasoil Comments Off on Gucci owner Kering close to settling Italian tax case for 1.3 to 1.4 billion euros: sources
MILAN (Reuters) – French luxury group Kering is close to agreeing to pay between 1.3 billion and 1.4 billion euros ($1.5-1.6 billion) to settle a dispute with Italian authorities over unpaid taxes by its fashion brand Gucci, three sources told Reuters on Thursday. FILE PHOTO: Gucci logo is seen in a store at Fiumicino airport Read More

Trudeau-Duterte fight over illegally-dumped Canadian trash highlights global problem

16 hours ago DieselGasoil Comments Off on Trudeau-Duterte fight over illegally-dumped Canadian trash highlights global problem
The global waste crisis was brought into sharp focus again after Philippines President Rodrigo Duterte threatened “war” with Canada over illegally dumped trash — an issue PM Justin Trudeau has repeatedly failed to address. Duterte threatened to send back 103 shipping containers full of household waste which were illegally shipped to his country by Canada Read More

Turkey will look for ‘best technology’ elsewhere if US blocks F-35 transfer

1 day ago DieselGasoil Comments Off on Turkey will look for ‘best technology’ elsewhere if US blocks F-35 transfer
If Turkey can’t get F-35 fighter jets from the US, it will be looking for a substitute elsewhere, the Turkish Foreign Minister said. The US threatened to boot Ankara from the program over its S-400 deal with Russia. Speaking to media after a reception at the Turkish Grand National Assembly on Tuesday, Turkish Foreign Minister Read More

Rescuers race to find survivors after Philippine quake kills 16

2 days ago DieselGasoil Comments Off on Rescuers race to find survivors after Philippine quake kills 16
PORAC, Philippines (Reuters) – Rescue teams in the Philippines searched for signs of life beneath the tangled debris from a collapsed four-storey commercial building on Tuesday after a strong earthquake shook the country’s biggest island, killing at least 16 people. Heavy equipment and search dogs were used as dozens of firefighters, military and civilian rescuers Read More

No to ‘unilateral sanctions’: Turkey slams US for ending waivers on Iranian oil imports

3 days ago DieselGasoil Comments Off on No to ‘unilateral sanctions’: Turkey slams US for ending waivers on Iranian oil imports
As Washington has renewed its push to bring Iran’s oil exports “to zero” the US decision to lift special sanctions waivers for certain Iranian oil purchasers has drawn the ire of America’s NATO ally – Ankara. Turkey – one of the purchasers of Iranian oil, which had thus far enjoyed an exemption from the US Read More

1st since Notre Dame fire: Yellow Vests back in action despite ‘unifying’ disaster & they are angry

5 days ago DieselGasoil Comments Off on 1st since Notre Dame fire: Yellow Vests back in action despite ‘unifying’ disaster & they are angry
Yellow Vests protests brought clashes and tear gas back to the streets of Paris, despite politicians’ calls for “unity” in the wake of the Notre Dame fire. For protesters, the response to the fire only showed more inequality. Saturday’s protests mark the 23rd straight weekend of anti-government demonstrations, but the first since Notre Dame de Read More

Poor PMIs wipe week’s gains off global shares

7 days ago DieselGasoil Comments Off on Poor PMIs wipe week’s gains off global shares
LONDON (Reuters) – Global shares erased this week’s gains on Thursday after weak manufacturing surveys from Asia and Europe stoked fears of a widespread slowdown in growth, adding to profit-taking ahead of the long Easter weekend. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. Read More

UK to introduce porn age-checks in July

7 days ago DieselGasoil Comments Off on UK to introduce porn age-checks in July
An age-check scheme designed to stop under-18s viewing pornographic websites will come into force on 15 July. From that date, affected sites will have to verify the age of UK visitors. If they fail to comply they will face being blocked by internet service providers. But critics say teens may find it relatively easy to Read More

Amazon, facing entrenched rivals, says to shut China online store

1 week ago DieselGasoil Comments Off on Amazon, facing entrenched rivals, says to shut China online store
SAN FRANCISCO/BEIJING/HONG KONG (Reuters) – Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. The move underscores how entrenched, home-grown e-commerce rivals have made it difficult for Amazon’s Read More

Stocks erase week’s gains after weak manufacturing surveys

1 week ago DieselGasoil Comments Off on Stocks erase week’s gains after weak manufacturing surveys
LONDON (Reuters) – Global shares erased this week’s gains on Thursday after weak manufacturing surveys from Asia and Europe stoked fears of a slowdown in global growth, adding to profit taking ahead of the long Easter weekend. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a brokerage in Read More