newszine

Volvo Cars to cut costs as trade war dents profits

3 days ago DieselGasoil Comments Off on Volvo Cars to cut costs as trade war dents profits
STOCKHOLM (Reuters) – Volvo plans to cut fixed costs by 2 billion Swedish crowns ($214 million), it said on Thursday, becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability. FILE PHOTO: A long exposure picture shows cars of Swedish automobile manufacturer Volvo displayed in Read More

Duterte outlaws misogynistic behavior, despite long history of public rape jokes

5 days ago DieselGasoil Comments Off on Duterte outlaws misogynistic behavior, despite long history of public rape jokes
Outspoken Philippines President Rodrigo Duterte has signed into law a bill penalizing public sexual harassment ranging from cat-calls and wolf-whistles, to persistent telling of sexual jokes – for which he himself is famous. Duterte signed the so-called Safe Spaces Act in April but, for unknown reasons, the legislation wasn’t publicly released until Monday. Among the Read More

Half of Germans see Islam as threat – study

1 week ago DieselGasoil Comments Off on Half of Germans see Islam as threat – study
Around 50 percent of Germans are wary of Islam, a new study by a local NGO found. The pollsters blame the media for this state of affairs, adding that tolerance of other major religions in the country is much higher. In a study on religious diversity conducted by the German Bertelsmann Foundation, one-third of the Read More

Climate activists find warmer reception at shareholder meetings

1 week ago DieselGasoil Comments Off on Climate activists find warmer reception at shareholder meetings
BOSTON (Reuters) – Climate activists found companies more receptive to steps like cutting emissions or buying clean power this year, a new tally of shareholder resolutions shows, a trend proponents said undercuts the case for proxy rule changes sought by business groups. FILE PHOTO: Solar electric panels are shown installed on the roof of the Read More

Elliott outspends rivals as corporate activism turns to Germany

2 weeks ago DieselGasoil Comments Off on Elliott outspends rivals as corporate activism turns to Germany
FRANKFURT/BOSTON (Reuters) – Elliott Management Corp has invested more than rivals in its push for corporate change so far this year and there has been an increasing focus among activist investors on German companies. FILE PHOTO: Paul Singer, founder and president of Elliott Management Corporation, speaks at WSJD Live conference in Laguna Beach, California, U.S., Read More

Jewish assimilation in US is ‘like a second Holocaust,’ Israeli minister claims

2 weeks ago DieselGasoil Comments Off on Jewish assimilation in US is ‘like a second Holocaust,’ Israeli minister claims
Intermarriage among diaspora Jews – particularly those in North America – is “like a second Holocaust,” Israeli Education Minister Rafi Peretz declared in a cabinet meeting, uniting much of that diaspora in shocked offense. The Jewish community “lost 6 million people” over the last 70 years because of intermarriage and assimilation, Peretz told a cabinet Read More

Jewish assimilation in US is ‘like a second Holocaust,’ Israeli minister says

2 weeks ago DieselGasoil Comments Off on Jewish assimilation in US is ‘like a second Holocaust,’ Israeli minister says
Intermarriage among diaspora Jews – particularly those in North America – is “like a second Holocaust,” Israeli Education Minister Rafi Peretz declared in a cabinet meeting, uniting much of that diaspora in shocked offense. The Jewish community “lost 6 million people” over the last 70 years because of intermarriage and assimilation, Peretz told a cabinet Read More