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‘Technical incident’ puts Europe’s GPS system fully offline for days

4 hours ago DieselGasoil Comments Off on ‘Technical incident’ puts Europe’s GPS system fully offline for days
A major technical error has caused Europe’s satellite navigation system to be fully offline since Friday, with most satellites powering the Galileo system broken, the EU’s space agency has said. Europe’s Galileo system was built to replace the US’ GPS system but, since the outage, users are automatically being switched back to the US positioning Read More

Tempered expectations of Fed rate cut sink stocks globally

1 week ago DieselGasoil Comments Off on Tempered expectations of Fed rate cut sink stocks globally
NEW YORK (Reuters) – A strong U.S. jobs report that tempered expectations of an aggressive interest rate cut by the Federal Reserve later this month and weak economic data in Germany helped push global stock indices lower Friday after hitting record highs earlier this week. Traders work on the floor at the New York Stock Read More

Google Maps outage sparks mass disorientation

2 weeks ago DieselGasoil Comments Off on Google Maps outage sparks mass disorientation
The Google Maps server has gone offline in some parts of the world, and users are finding themselves utterly disoriented – or not finding themselves at all. Instead, they are reportedly shown “no results found” error messages. The app has been reported down in the US, Brazil, Peru, Mexico, Japan, the Netherlands, New Zealand and Read More

Google Maps down, sparking mass disorientation

2 weeks ago DieselGasoil Comments Off on Google Maps down, sparking mass disorientation
The Google Maps server has gone offline in some parts of the world, and users are finding themselves utterly disoriented – or not finding themselves at all. Instead, they are reportedly shown “no results found” error messages. The app has been reported down in the US, Brazil, Peru, Mexico, Japan, the Netherlands, New Zealand and Read More

Iran warns it will boost uranium enrichment this weekend

2 weeks ago DieselGasoil Comments Off on Iran warns it will boost uranium enrichment this weekend
By Tania Snuggs, news reporter Iran claims it will boost its enrichment of uranium – a vital component for a nuclear bomb – this weekend to “whatever amount it feels like”. Tensions between Washington and Tehran have been growing since US President Donald Trump pulled out of the landmark 2015 nuclear deal last year – Read More

Best-case scenario for Trump-Xi talks is resumption of trade negotiations: Pence adviser

2 weeks ago DieselGasoil Comments Off on Best-case scenario for Trump-Xi talks is resumption of trade negotiations: Pence adviser
FILE PHOTO: White House director of legislative affairs Marc Short takes part in a daily briefing at the White House in Washington, U.S., March 22, 2018. REUTERS/Leah Millis WASHINGTON (Reuters) – The best-case scenario for talks on Saturday between U.S. President Donald Trump and Chinese President Xi Jinping is a resumption of trade negotiations, a Read More

U.S. aims to restart China trade talks, will not accept conditions on tariff use

3 weeks ago DieselGasoil Comments Off on U.S. aims to restart China trade talks, will not accept conditions on tariff use
WASHINGTON (Reuters) – The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday, but Washington will not accept any conditions around the U.S. use of tariffs in the dispute, a senior administration official said on Tuesday. FILE PHOTO: China’s President Xi Jinping, Read More

UPS will not join FedEx lawsuit against U.S. government

3 weeks ago DieselGasoil Comments Off on UPS will not join FedEx lawsuit against U.S. government
(Reuters) – United Parcel Service Inc said on Tuesday it would not join a lawsuit FedEx Corp filed against the U.S. government that argues FedEx should not be held liable if it inadvertently shipped products in violation of an export ban. FILE PHOTO: The logo of United Parcel Service is seen at the new package Read More

FedEx warns 2020 results to be hurt by trade war, shares fall 2%

3 weeks ago DieselGasoil Comments Off on FedEx warns 2020 results to be hurt by trade war, shares fall 2%
FILE PHOTO: A Federal Express truck on delivery is pictured in downtown Los Angeles, California October 29, 2014. REUTERS/Mike Blake (Reuters) – Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned its fiscal 2020 performance would be hurt by trade uncertainty and non-renewal of Amazon contract, sending its Read More

Beijing could blacklist FedEx as ‘unreliable entity’ after another Huawei delivery screw-up

3 weeks ago DieselGasoil Comments Off on Beijing could blacklist FedEx as ‘unreliable entity’ after another Huawei delivery screw-up
American courier FedEx has apologized for failing to deliver a package to the US which contained a Huawei smartphone. The incident, which is not the first of its kind to affect Huawei, was explained as an “operational mistake.” The parcel belonged to PC Magazine which reportedly tried to send a Huawei P30 smartphone from Britain Read More