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US-Iran tensions raise threat of an even graver conflict

10 hours ago DieselGasoil Comments Off on US-Iran tensions raise threat of an even graver conflict
By Deborah Haynes, foreign affairs editor President Donald Trump calls it his policy of “maximum pressure” on Iran. He believes a mixture of increasingly tough sanctions coupled with diplomatic isolation will force the Islamic Republic back to the negotiating table. But we have been here before. Tehran has already been subjected to intense international sanctions Read More

Facebook’s Clegg rejects break-up calls, prefers more regulation

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BERLIN (Reuters) – Facebook dismissed calls for a break-up of the world’s biggest social network and other big internet companies on Monday, saying this would not tackle issues such as privacy, attempts to influence elections or harmful content. FILE PHOTO: Logo of Facebook is seen at the high profile startups and high tech leaders gathering, Read More

Nissan shareholders set to back CEO Saikawa amid fraying ties with Renault

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TOKYO (Reuters) – Nissan Motor shareholders are widely expected to back Chief Executive Hiroto Saikawa at an annual general meeting on Tuesday, extending his tumultuous tenure at an automaker shaken by scandal and the loss of trust with alliance partner Renault. FILE PHOTO: The logo of Nissan is seen on a car during the Prague Read More

U.S. regulators ask Deutsche Bank to explain ‘bad bank’ proposal: FT

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A Deutsche Bank logo adorns a wall at the company’s headquarters in Frankfurt, Germany June 9, 2015. REUTERS/Ralph Orlowski/File Photo (Reuters) – U.S. regulators have sought explanation from Deutsche Bank AG about its “bad bank” proposal and its impact on U.S. operations at the loss-making German lender, the Financial Times reported on Monday. Officials at Read More

China’s assistant foreign minister says global community sees harm from protectionism

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The head of the Chinese delegation Assistant Minister of Foreign Affairs Zhang Jun delivers his opening remarks during a Treaty on the Non-Proliferation of Nuclear Weapons (NPT) conference with the UN Security Council’s five permanent members (P5) China, France, Russia, Britain, and U.S., in Beijing, China, January 30, 2019. REUTERS/Thomas Peter/Pool BEIJING (Reuters) – China’s Read More

No way Trump can ‘steamroll’ Russia into accepting US stance on Iran & Venezuela – Putin

2 days ago DieselGasoil Comments Off on No way Trump can ‘steamroll’ Russia into accepting US stance on Iran & Venezuela – Putin
Russian President Vladimir Putin has denied that Donald Trump can secure concessions on key issues by dangling the prospect of a new one-to-one meeting, but reiterated that Moscow is ready for fresh talks. The US president has repeatedly insisted that he will speak face-to-face with Putin at the G20 summit in Osaka next week, and Read More

Hudson’s Bay’s chairman’s buyout bid pits retail versus real estate

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(Reuters) – The success of Hudson’s Bay Co Executive Chairman Richard Baker’s $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real estate owner, corporate governance experts and analysts said. FILE PHOTO – U.S. flags fly Read More

Assange lawyer reveals Pentagon behind pursuit of Wikileaks publisher

4 days ago DieselGasoil Comments Off on Assange lawyer reveals Pentagon behind pursuit of Wikileaks publisher
A lawyer for Wikileaks’ Julian Assange has confirmed that the Pentagon – not the White House or any other government agency whose secrets he leaked – was driving the nearly decade-long campaign to destroy the publisher. After asking officials at the Obama administration if they “really wanted” the publisher for whistleblowers and warning that “there Read More

Trump administration readying final review of new vehicle fuel economy rules

4 days ago DieselGasoil Comments Off on Trump administration readying final review of new vehicle fuel economy rules
WASHINGTON (Reuters) – Trump administration officials defended their controversial proposal to freeze fuel efficiency requirements at 2020 levels at a congressional hearing on Thursday and said the proposal would be submitted to the White House for final review in the coming weeks. FILE PHOTO: U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler testifies before a Read More

Exclusive: Deutsche Bank braced for continued Fed restrictions on U.S. business – sources

4 days ago DieselGasoil Comments Off on Exclusive: Deutsche Bank braced for continued Fed restrictions on U.S. business – sources
NEW YORK (Reuters) – Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health check, three sources familiar with the matter said. FILE PHOTO: The logo of Deutsche Bank is seen at its headquarters ahead of the bank’s annual general Read More