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Small electric cars may be unaffordable for some: VW chairman to newspaper

3 hours ago DieselGasoil Comments Off on Small electric cars may be unaffordable for some: VW chairman to newspaper
FILE PHOTO: Hans Dieter Poetsch, Chairman of the Volkswagen’s supervisory board, speaks during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt BERLIN (Reuters) – The move to electric vehicles will make cars significantly more expensive, meaning they may become unaffordable for people on low incomes in the future, the Read More

170 migrants feared dead in Mediterranean sinkings

4 hours ago DieselGasoil Comments Off on 170 migrants feared dead in Mediterranean sinkings
Up to 170 migrants are feared dead after two accidents in which dinghies sank in the Mediterranean after leaving North Africa for Europe. One of the vessels capsized off Libya after departing the country on Thursday, prompting the Italian navy to stage a rescue operation. But Flavio Di Giacomo, a spokesman for the International Organisation Read More

EU must approve Siemens/Alstom deal, says French finance minister

16 hours ago DieselGasoil Comments Off on EU must approve Siemens/Alstom deal, says French finance minister
FILE PHOTO: French High Speed Train (TGV) made by French train maker Alstom stops next to a German High Speed Train (ICE) made by Siemens at Munich’s railway station June 16, 2014. REUTERS/Lukas Barth/File Photo PARIS (Reuters) – The European Union must approve the tie-up between Germany’s Siemens (SIEGn.DE) and French group Alstom (ALSO.PA), said Read More

EU tax on big digital companies could be struck by March: French minister

16 hours ago DieselGasoil Comments Off on EU tax on big digital companies could be struck by March: French minister
FILE PHOTO – French Finance Minister Bruno Le Maire leaves following the weekly cabinet meeting at the Elysee Palace in Paris, France, December 19, 2018. REUTERS/Philippe Wojazer PARIS (Reuters) – A European Union-wide tax on the world’s top digital companies could be reached by the end of March, French Finance Minister Bruno Le Maire said Read More

117 migrants feared dead as dinghy capsizes off Libya

22 hours ago DieselGasoil Comments Off on 117 migrants feared dead as dinghy capsizes off Libya
Survivors from a rubber dinghy that capsized off Libya fear that more than 100 migrants may have died, a rescue official has said. The fragile vessel left the North African country two days ago and it sank in the Mediterranean, prompting the Italian navy to stage a rescue operation. But Flavio Di Giacomo, a spokesman Read More

Funeral held for Polish mayor after fatal on-stage stabbing

1 day ago DieselGasoil Comments Off on Funeral held for Polish mayor after fatal on-stage stabbing
Thousands have attended the funeral of Polish mayor Pawel Adamowicz after he was stabbed to death on stage at a charity event. The 53-year-old mayor of Gdansk died on Monday after being attacked the night before during a fundraiser to help provide money for hospital equipment. He underwent five hours of surgery for wounds to Read More

Lords of war: US weapons factories dominate global arms trade

1 day ago DieselGasoil Comments Off on Lords of war: US weapons factories dominate global arms trade
The latest report by Stockholm International Peace Research Institute (SIPRI) revealed that sales of arms and military services by global majors totaled $398.2 billion in 2017, marking a 44 percent growth over the past 15 years. “The overall number excludes Chinese data due to the lack of available information to allow for a reasonable or Read More

Tiffany holiday sales fall as dollar crimps Chinese tourists' spending

2 days ago DieselGasoil Comments Off on Tiffany holiday sales fall as dollar crimps Chinese tourists' spending
(Reuters) – Tiffany & Co (TIF.N) tempered its yearly profit forecast on Friday after the luxury jeweler’s holiday sales fell unexpectedly as Chinese tourists spent less globally due to a stronger dollar and demand softened in Europe and at home. FILE PHOTO: Festive lights decorate the Tiffany & Co store on New Bond Street in Read More

Take Five: World markets themes for the week ahead

2 days ago DieselGasoil Comments Off on Take Five: World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. REUTERS/Brendan McDermid SHOULD I STAY OR SHOULD I Read More