newszine

Taiwanese businesses look to India as alternative to China

1 day ago DieselGasoil Comments Off on Taiwanese businesses look to India as alternative to China
NEW DELHI (Reuters) – Taiwan is pitching India as a potential business destination to its tech, auto, renewable energy and farm sector firms as the United States’ trade war with China has pushed its companies to look for newer markets, two officials said on Friday. Shih-Chung Liu, vice chairman of Taiwan External Trade Development Council, Read More

Alison Rose gets top job at RBS, first woman to lead major UK lender

1 day ago DieselGasoil Comments Off on Alison Rose gets top job at RBS, first woman to lead major UK lender
LONDON (Reuters) – Royal Bank of Scotland (RBS.L) named Alison Rose as its new chief executive on Friday, becoming the first major British lender to appoint a woman to its top job. Rose, who was widely tipped to get the role at the state-backed lender, will succeed outgoing CEO Ross McEwan on November 1. He Read More

Kvaerner invests to increase productivity and competitiveness

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Kvaerner is taking new steps to increase competitiveness and position the company for future growth. At the Group’s advanced facilities at Stord, the capacity in the yard area, storage area and offices is expanded. In addition, Kvaerner establishes its own inhouse capacity to supply insulation boxes, which often makes up a significant part of offshore Read More

McDermott is said to hire restructuring firm for turnaround advice

2 days ago DieselGasoil Comments Off on McDermott is said to hire restructuring firm for turnaround advice
By Allison McNeely and David Wethe on 9/19/2019 NEW YORK (Bloomberg) – McDermott International hired restructuring firm AlixPartners for strategic and operational advice as the company seeks to shore up its balance sheet, according to a person with knowledge of the matter. The Houston-based company’s stock plunged as much as 76% Wednesday — trading was Read More

Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line

5 days ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line
CALGARY, Alberta, Sept. 16, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces the closing of the sale of a portion of its Alliance Service and the execution of an Interconnection Development Agreement with Alliance Pipeline Limited Partnership to reactivate its lateral line to the company-owned Bigstone West Gas Plant located at Read More

Oil soars after Saudi facility attacks, weak China data hits shares

6 days ago DieselGasoil Comments Off on Oil soars after Saudi facility attacks, weak China data hits shares
SYDNEY (Reuters) – Oil surged to four-month highs on Monday after weekend attacks on crude facilities in Saudi Arabia sparked supply fears, while shares in Asia extended losses as bleak economic data from China sapped investors’ risk appetite. FILE PHOTO – Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Japan, Read More

Peyto Exploration & Development Corp. Confirms Dividends for October 15, 2019

1 week ago DieselGasoil Comments Off on Peyto Exploration & Development Corp. Confirms Dividends for October 15, 2019
CALGARY, Alberta, Sept. 13, 2019 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to September 2019 of $0.02 per common share is to be paid on October 15, 2019, for shareholders of record on September 30, 2019. The ex-dividend date is September 27, 2019. Dividends Read More

Nestle institute aims to develop packaging of the future

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LAUSANNE, Switzerland (Reuters) – Nestle has set up a research institute to develop more environmentally friendly packaging for its products and reduce plastic waste, taking matters into its own hands rather than relying on its suppliers. Packagings made out of recycled or natural products are pictured during a media visit for the inauguration of the Read More

ECB promises stimulus buys ‘as long as necessary’

1 week ago DieselGasoil Comments Off on ECB promises stimulus buys ‘as long as necessary’
FRANKFURT (Reuters) – The European Central Bank promised an indefinite supply of fresh asset purchases and cut interest rates deeper into negative territory on Thursday, an effort to prop up the ailing euro zone economy that was cheered by financial markets. European Central Bank (ECB) President Mario Draghi attends a news conference on the outcome Read More

‘Ruling elite destroyed the country’: Interior minister claims Pakistan has failed on Kashmir issue

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Pakistan’s interior minister claims the “ruling elite” has “destroyed the country” and failed to garner international support over the Kashmir conflict with India, in a high-profile embarrassment for the Khan administration. “People do not believe us in the international community. We say they impose curfew and are not giving medicines to people of Jammu Read More