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Indian court clears way for reopening Vedanta copper smelter, state government to appeal

2 hours ago DieselGasoil Comments Off on Indian court clears way for reopening Vedanta copper smelter, state government to appeal
CHENNAI (Reuters) – An Indian environment court set aside on Saturday the Tamil Nadu state government’s order to close Vedanta’s copper smelter plant permanently, taking the company closer to reopening its facility in southern India. FILE PHOTO: Police stand guard outside a copper smelter controlled by London-listed Vedanta Resources in Thoothukudi in the southern state Read More

J&J shares nosedive on report it knew of asbestos in Baby Powder

14 hours ago DieselGasoil Comments Off on J&J shares nosedive on report it knew of asbestos in Baby Powder
(Reuters) – Shares of Johnson & Johnson (JNJ.N) fell 10 percent on Friday and were on track to post their biggest percentage drop in more than 16 years, after Reuters reported that the Pharma major knew for decades that cancer-causing asbestos lurked in its Baby Powder. The decline in shares erased about $40 billion from Read More

PG&E seeks 6.4 percent rate hike in 2020

16 hours ago DieselGasoil Comments Off on PG&E seeks 6.4 percent rate hike in 2020
PG&E works on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage (This Dec. 13 story corrects the rate-hike percentage to 6.4 from 12 in the headline and the first paragraph) (Reuters) – PG&E Corp (PCG.N) said on Thursday it had requested California’s top utilities Read More

Ivory Coast painter gives new life to e-waste

17 hours ago DieselGasoil Comments Off on Ivory Coast painter gives new life to e-waste
Desire Koffi, 24-year-old artist, works at his workshop in Abidjan, Ivory Coast December 3, 2018. Picture taken December 3, 2018. REUTERS/Luc Gnago ABIDJAN (Reuters) – Desire Koffi often walks through Koumassi, a popular district of Ivory Coast’s main city Abidjan, to collect old mobile phones that he buys from people for 500 CFA francs ($0.8726) Read More

J&J shares nosedive on report company knew of asbestos in baby powder

19 hours ago DieselGasoil Comments Off on J&J shares nosedive on report company knew of asbestos in baby powder
(Reuters) – Shares of Johnson & Johnson (JNJ.N) tumbled 12 percent on Friday and were on track to post their biggest percentage drop in more than 16 years, after Reuters reported that the Pharma major knew for decades that cancer-causing asbestos lurked in its Baby Powder. FILE PHOTO: A Johnson & Johnson building is shown Read More

Deutsche Telekom reviews Huawei ties; Orange says no on 5G

20 hours ago DieselGasoil Comments Off on Deutsche Telekom reviews Huawei ties; Orange says no on 5G
FRANKFURT/PARIS (Reuters) – Huawei faces fresh challenges in Europe after Germany’s Deutsche Telekom (DTEGn.DE) announced it would review its vendor strategy and Orange (ORAN.PA) said it would not hire the Chinese firm to build its next-generation network in France. FILE PHOTO: The logo of German telecommunications giant Deutsche Telekom AG is seen at the Read More

New problems for embattled Huawei in France and Germany

22 hours ago DieselGasoil Comments Off on New problems for embattled Huawei in France and Germany
FRANKFURT/PARIS (Reuters) – Huawei faces fresh challenges in Europe after France’s Orange (ORAN.PA) said it would not hire the Chinese firm to build its next-generation network and Germany’s Deutsche Telekom (DTEGn.DE) announced it would review its vendor strategy. People walk past a Huawei shop in Beijing, China, December 11, 2018. REUTERS/Thomas Peter The shift Read More

Months of torture-like conditions made Butina plead guilty to get home sooner – Lavrov

23 hours ago DieselGasoil Comments Off on Months of torture-like conditions made Butina plead guilty to get home sooner – Lavrov
Russian Foreign Minister Sergey Lavrov has explained why he thinks gun activist Maria Butina, jailed in the US, has made a deal with prosecutors: she wants to escape the torture-like conditions she is being kept in. Speaking to the media in the Azerbaijani capital Baku, Lavrov said US prosecutors were deliberately trying to break Butina. Read More

Tormented into a guilty plea? Experts denounce US ‘miscarriage of justice’ in Butina case

1 day ago DieselGasoil Comments Off on Tormented into a guilty plea? Experts denounce US ‘miscarriage of justice’ in Butina case
Maria Butina’s only crime is that she is Russian, legal analysts told RT, attacking the US justice system for keeping her in solitary confinement until she admitted guilt to at least one of the many charges brought against her. “This is an utter and total miscarriage of justice,” retired CIA agent and whistleblower John Kiriakou Read More

Japan's business mood, capex steady but outlook sours: BOJ tankan

1 day ago DieselGasoil Comments Off on Japan's business mood, capex steady but outlook sours: BOJ tankan
TOKYO (Reuters) – Japanese business confidence and capital expenditure plans held steady from three months ago, a closely-watched central bank survey showed, a sign companies weren’t significantly worried about escalating trade frictions and global growth concerns. FILE PHOTO – A worker cycles near a factory at the Keihin industrial zone in Kawasaki, Japan, March 8, Read More