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Global stock markets falter after China data confirms economic slowdown

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LONDON (Reuters) – European shares fell on Monday from six-week highs as a slowdown in China’s economy stalled a global equity rally, but sterling rallied to the day’s highs after Prime Minister Theresa May promised to be more “flexible” with lawmakers over Brexit. Trade in general was subdued with U.S. markets closed for the Martin Read More

Rescuers drill in search for boy stuck in well for six days

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Rescuers searching for a two-year-old boy who fell down a narrow well in Malaga have begun drilling in a bid to rescue him. young Julen plummeted into the hole last Sunday afternoon after walking away from his parents while playing in a mountainous area near the town of Totalan, just northeast of the coastal city. Read More

U.S. legislation steps up pressure on Huawei and ZTE, China calls it 'hysteria'

6 days ago DieselGasoil Comments Off on U.S. legislation steps up pressure on Huawei and ZTE, China calls it 'hysteria'
WASHINGTON/BEIJING (Reuters) – A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd , ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws. FILE PHOTO: The Huawei logo is pictured outside their research Read More

Boeing-Lockheed's Vulcan rocket design 'nearly fully mature'

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CAPE CANAVERAL, Fla. (Reuters) – A joint venture between Boeing Co (BA.N) and Lockheed Martin Corp (LMT.N) will conduct the final design review for its new flagship Vulcan rocket within months, it said on Wednesday, as the aerospace company heads for a showdown with Elon Musk’s SpaceX and others in the launch services market. FILE Read More

Apache and Altus Midstream Announce New Altus Midstream CEO

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HOUSTON, Jan. 16, 2019 (GLOBE NEWSWIRE) — Apache Corporation (NYSE, Nasdaq: APA) and Altus Midstream Company (“Altus”) (Nasdaq: ALTM) today announced the appointment of Clay Bretches as CEO of Altus Midstream, effective immediately. Bretches will also serve as a member of the Altus board of directors and as Apache’s senior vice president, U.S. Midstream Operations. Read More

U.S. lawmakers introduce bipartisan bills targeting China's Huawei and ZTE

6 days ago DieselGasoil Comments Off on U.S. lawmakers introduce bipartisan bills targeting China's Huawei and ZTE
FILE PHOTO: The Huawei logo is pictured outside their research facility in Ottawa, Ontario, Canada, December 6, 2018. REUTERS/Chris Wattie WASHINGTON (Reuters) – A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd , ZTE Corp (000063.SZ) or other Read More

VW, Ford team up on trucks, eye deals on EVs, self-driving cars

1 week ago DieselGasoil Comments Off on VW, Ford team up on trucks, eye deals on EVs, self-driving cars
DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and are exploring shared development of electric and self-driving technology, actions meant to save the automakers billions of dollars. The President and CEO of Ford Motor Company Jim Hackett, poses with Volkswagen CEO Read More

Westport Fuel Systems Appoints David Johnson as Chief Executive Officer

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VANCOUVER, British Columbia, Jan. 15, 2019 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems“) (TSX/Nasdaq:WPRT) today announced the appointment of David M. Johnson as Chief Executive Officer, effective immediately.  Nancy S. Gougarty has decided to retire as Westport’s Chief Executive Officer and is stepping down from the Board of Directors. Ms. Gougarty will Read More

Volkswagen, Ford set alliance centered on vans, pickups

1 week ago DieselGasoil Comments Off on Volkswagen, Ford set alliance centered on vans, pickups
DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and also that they were exploring shared development of electric and self-driving technology, actions meant to save the automakers billions of dollars. The President and CEO of Ford Motor Company Jim Hackett, poses Read More