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In coal we trust: Australian voters back PM Morrison’s faith in fossil fuel

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MELBOURNE (Reuters) – Australia’s re-elected Prime Minister Scott Morrison once brandished a lump of coal in parliament, crying, “This is coal – don’t be afraid!” His surprise win in what some dubbed the ‘climate election’ may have stunned the country, but voters should know what comes next in energy policy – big coal. FILE PHOTO: Read More

In coal we trust: Australia’s voters back PM Morrison’s faith in fossil fuel

1 day ago DieselGasoil Comments Off on In coal we trust: Australia’s voters back PM Morrison’s faith in fossil fuel
MELBOURNE (Reuters) – Australia’s re-elected Prime Minister Scott Morrison once brandished a lump of coal in parliament, crying, “This is coal – don’t be afraid!” His surprise win in what some dubbed the ‘climate election’ may have stunned the country, but voters should know what comes next in energy policy – big coal. FILE PHOTO: Read More

Don’t laugh at Koons’ Rabbit selling for $91 million – get angry at economic system that enables it

3 days ago DieselGasoil Comments Off on Don’t laugh at Koons’ Rabbit selling for $91 million – get angry at economic system that enables it
Nothing illustrates unequal gains from globalized capitalism like the soaring prices in the art world, where those who have already bought all the mansions, private jets and super yachts park their wealth in meaningless baubles. When you saw that New York artist Jeff Koons’ faceless chrome Rabbit from 1986 fetched $91 million at an auction Read More

SoftBank leads funding round for Berlin travel startup GetYourGuide

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FRANKFURT (Reuters) – Berlin travel startup GetYourGuide said on Thursday it had raised nearly $500 million from investors led by SoftBank’s Vision Fund to expand its online offering of tours and activities that has won a following among millennials. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Read More

‘Do better’: Gucci knocked on Twitter, accused of cultural appropriation over $800 turban

4 days ago DieselGasoil Comments Off on ‘Do better’: Gucci knocked on Twitter, accused of cultural appropriation over $800 turban
Gucci is under fire for selling a so-called ‘Indy Turban’ for a whopping $800, just weeks after the Italian fashion house was forced to recall ‘blackface’ turtlenecks after a huge social media backlash. The luxury label was called out for ‘cultural appropriation’ when the headwear made its runway debut at Milan Fashion Week in February. Read More

French fashion group Kering pledges to hire only over-18 models

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PARIS (Reuters) – Kering, the French fashion group whose brands include Gucci and Saint Laurent, said it would only work with models aged over 18, as the fashion industry aims to tighten up its ethical guidelines. Kering said on Wednesday that from 2020 onwards, it would only hire models aged over 18 to represent adults Read More

Lavrov & Pompeo agree to work on nukes control but clash on Venezuela, election interference

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US Secretary of State Mike Pompeo and Russian Foreign Minister Sergey Lavrov concluded the Sochi talks by agreeing to cooperate on nuclear arms control. The two diplomats, however, could not reach agreement on Venezuela. After emerging from a sit-down in the Russian Black Sea resort on Tuesday, Pompeo and Lavrov both talked of their governments’ Read More

Infrastructure and Energy Alternatives, Inc. Announces $50 Million Equity Commitment

6 days ago DieselGasoil Comments Off on Infrastructure and Energy Alternatives, Inc. Announces $50 Million Equity Commitment
INDIANAPOLIS, May 14, 2019 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that it has entered into a $50 million equity commitment agreement with a fund managed by the Private Equity Group of Ares Management Read More