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Former Tesla bull makes $10 worst case call on China worries

6 hours ago DieselGasoil Comments Off on Former Tesla bull makes $10 worst case call on China worries
(Reuters) – One of Tesla’s former biggest supporters on Wall Street said on Tuesday the electric carmaker’s shares could fall to $10 from nearly $200 now, if tensions with China escalate and sap demand for its cars. Shares of Tesla edged down, heading for their fifth straight session of losses, and bonds weakened, after Morgan Stanley analyst Adam Read More

VW truck brand to invest $344 million in Brazil after Ford exit

7 hours ago DieselGasoil Comments Off on VW truck brand to invest $344 million in Brazil after Ford exit
FILE PHOTO: The logo of Swedish truck maker Scania is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo SAO PAULO (Reuters) – Volkswagen AG truck brand Scania said on Tuesday it will invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory in Sao Bernardo do Campo, an Read More

U.S. senators urge Volkswagen to end delay in Tennessee union vote

7 hours ago DieselGasoil Comments Off on U.S. senators urge Volkswagen to end delay in Tennessee union vote
WASHINGTON (Reuters) – Three Democratic U.S. senators on Tuesday questioned a decision by Volkswagen AG’s U.S. unit to delay a union election for workers at its Tennessee assembly plant. The Volkswagen Chattanooga Assembly Plant in Chattanooga, Tennessee November 4, 2015. Volkswagen told NHTSA that it would recall about 92,000 vehicles, which are some 2015 and Read More

Malaysia, flooded with plastic waste, to send back some scrap to source

10 hours ago DieselGasoil Comments Off on Malaysia, flooded with plastic waste, to send back some scrap to source
KUALA LUMPUR (Reuters) – Malaysia, which has become the dumping ground for the world’s plastic waste, will send back non-recyclable plastic scrap to the developed countries that sent it there, its environment minister said on Tuesday. FILE PHOTO: Plastic waste is piled outside an illegal recycling factory in Jenjarom, Kuala Langat, Malaysia October 14, 2018.REUTERS/Lai Read More

Factbox: Investments by automakers in the U.S. and China since Trump came to power

20 hours ago DieselGasoil Comments Off on Factbox: Investments by automakers in the U.S. and China since Trump came to power
(Reuters) – Major automakers have announced a slew of investments in the United States since President Donald Trump took office in January 2017 and exerted pressure on the industry to create more U.S. jobs. FILE PHOTO: Imported vehicles are seen at a car dealership in Tianjin bonded zone, China January 2, 2019. REUTERS/Yilei Sun China Read More

Global chemical firms urged to source responsibly after lethal China blast: study

20 hours ago DieselGasoil Comments Off on Global chemical firms urged to source responsibly after lethal China blast: study
SHANGHAI (Reuters) – A prominent Chinese environmental group has called on chemicals multinationals to stop “cutting corners” by outsourcing business to Chinese suppliers that violate safety regulations after an investigation into a deadly explosion at a factory in March. FILE PHOTO: Damaged buildings are seen on the site following an explosion at a pesticide plant Read More

Changing the world, one supplier at a time

1 day ago DieselGasoil Comments Off on Changing the world, one supplier at a time
5/20/2019 Photo: Blue Bull Energy President & Founder, Blue Bell Energy. LONDON — The oil & gas industry can be proud of the opportunities it creates in developing countries. The problem is that local suppliers are often overwhelmed by the complex array of international and national standards relating to the industry across everything from Health Read More

Boeing says it has corrected simulator software of 737 MAX jets

4 days ago DieselGasoil Comments Off on Boeing says it has corrected simulator software of 737 MAX jets
FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson (Reuters) – Boeing Co has made corrections to simulator software that mimics the flying experience of its 737 MAX jets, which were involved in two fatal crashes, and Read More

Airlines face scramble to restore 737 MAX flights once regulators approve fix

5 days ago DieselGasoil Comments Off on Airlines face scramble to restore 737 MAX flights once regulators approve fix
SEATTLE (Reuters) – Once global regulators clear Boeing Co’s 737 MAX to fly again after deadly crashes, airlines which have put their fleets into mechanical hibernation since March will scramble to begin the biggest ungrounding effort in history. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Read More

Boeing completes 737 MAX software update, working on pilot training plan

5 days ago DieselGasoil Comments Off on Boeing completes 737 MAX software update, working on pilot training plan
(Reuters) – Boeing Co said on Thursday it had completed a software update for its 737 MAX jets, which have been grounded worldwide since March after they were involved in two fatal crashes. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. Read More