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Fasten your sickbags: Air taxis to fly passengers in many cities across the world by 2025

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Air taxis will offer services in a number of cities over the next six years, according to Oliver Walker-Jones, head of communications of German aviation startup Lilium. “We plan to start operations in several cities around the world by 2025, although in some locations the service will be launched earlier. There is a huge interest Read More

Patriot games: Chinese dump iPhones & switch to domestic Huawei devices amid US crackdown

2 days ago DieselGasoil Comments Off on Patriot games: Chinese dump iPhones & switch to domestic Huawei devices amid US crackdown
A growing number of former Apple devotees in China have started switching from iPhones to domestic Huawei smartphones as trade and technology tensions escalate between Washington and Beijing. The South China Morning Post reported that consumers were spurred by a rising “nationalist sentiment” to support the Chinese tech giant which has been blacklisted by the Read More

Nestle still committed to global confectionery: CEO

2 days ago DieselGasoil Comments Off on Nestle still committed to global confectionery: CEO
Mark Schneider, CEO of Nestle gestures during an interview at the Swiss Economic Forum (SEF) conference in Interlaken, Switzerland May 24, 2019. REUTERS/Arnd Wiegmann INTERLAKEN, Switzerland (Reuters) – Nestle remains committed to confectionery despite unloading its U.S. chocolate operations during a review of the food giant’s operations, Chief Executive Mark Schneider told an event in Read More

Singapore chases tech ‘Jedi Masters’ for Silicon Valley ambitions

2 days ago DieselGasoil Comments Off on Singapore chases tech ‘Jedi Masters’ for Silicon Valley ambitions
SINGAPORE (Reuters) – San Francisco-based investor Paul Bragiel said he needed to be asked three or four times before he accepted an invitation from Singapore to come check out its tech scene. A man passes a Google signage outside their office in Singapore May 24, 2019. REUTERS/Edgar Su He made the 8,000-mile trip, but said Read More

In Vietnam’s booming energy sector coal reigns, but renewables play catch-up

2 days ago DieselGasoil Comments Off on In Vietnam’s booming energy sector coal reigns, but renewables play catch-up
HANOI/SINGAPORE (Reuters) – Vietnam has become a hot spot for energy investors eying a spend of up to $150 billion over the coming decade to meet surging power demand, with coal set to dominate despite signs of a government effort to go green. FILE PHOTO: Power-generating windmill turbines are pictured at a wind park in Read More

Enpro Subsea shares the adoption of ‘smart standardization’ subsea development strategies

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5/23/2019 Photo: Enpro Subsea Sales Director Craig McDonald. ABERDEEN — Enpro Subsea has presented examples of where its Flow Access Module (FAM) technology has been selected by multiple international operators as part of its fast-paced subsea field development strategies. Delivering a paper at OTC in Houston earlier this month, entitled ‘Subsea field development using innovative Read More

Deutsche Bank chairman signals cuts are in store as AGM starts

3 days ago DieselGasoil Comments Off on Deutsche Bank chairman signals cuts are in store as AGM starts
FILE PHOTO: Deutsche Bank’s Supervisory Board Chairman Paul Achleitner gestures as he addresses the audience during the bank’s annual meeting in Frankfurt, Germany, May 24, 2018. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – Deutsche Bank Chairman Paul Achleitner on Thursday signaled cuts are in store at Germany’s largest lender and that the chief executive would soon Read More

Surfing the Green wave? Climate party hopes ride high in EU vote

4 days ago DieselGasoil Comments Off on Surfing the Green wave? Climate party hopes ride high in EU vote
BUDAPEST/BRISTOL (Reuters) – An ebb in support for mainstream parties is raising hopes among Europe’s Greens that they could act as kingmakers in the next European Parliament, with growing concerns over climate change likely to hand them their strongest showing yet. Members of the European Greens party Gabor Vago and Bas Eickhout campaign for the European Elections Read More

Same-day deliveries, store revamps drive Target’s strong results

4 days ago DieselGasoil Comments Off on Same-day deliveries, store revamps drive Target’s strong results
(Reuters) – Target Corp beat first-quarter estimates for same-store sales and profit on Wednesday, as the retailer’s strategy to invest more in its delivery services and revamp stores drew in more shoppers, sending its shares up more than 9%. A Target logo is seen during the going-out-of-business sale at Target Canada in Toronto, February 5, Read More

Dutch minister: cut gas production at Groningen faster

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AMSTERDAM (Reuters) – Gas production at the Groningen field must be cut more quickly than planned after a relatively large earthquake struck in the far North of the Netherlands, the country’s economic affairs minister Eric Wiebes said on Wednesday. On his way to a debate with parliament, Wiebes told journalists the country, which has been Read More