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Google to invest 3 billion euros in European data centers

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FILE PHOTO: A Google sign is seen during the WAIC (World Artificial Intelligence Conference) in Shanghai, China, September 17, 2018. REUTERS/Aly Song/File Photo (Reuters) – Google will make an additional investment of 3 billion euros ($3.32 billion) to expand its European data centers, Chief Executive Sundar Pichai told a news conference in Finland. The investment Read More

Alphabet unit to make drone deliveries for Walgreens, FedEx in the U.S.

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(Reuters) – Alphabet Inc’s aviation unit Wing said on Thursday it has partnered with Walgreens Boots Alliance Inc and FedEx Corp for deliveries directly to homes in Virginia using drones, beginning next month. Earlier in April, Wing got the approval to start deliveries using drones in the state, making it the first company to get Read More

IEA: Member countries hold 15 days’ worth of global oil demand in emergency reserves

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9/18/2019 PARIS – The International Energy Agency, founded in 1974 to help non-OPEC member countries coordinate a collective response to major supply disruptions, issued a statement today on the crude supply disruption situation in Saudi Arabia. “Recent events are a reminder that oil security cannot be taken for granted, even at times when markets are Read More

Exclusive: Cities to step up at U.N. to push climate fight, sustainable development

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UNITED NATIONS (Reuters) – As some world leaders question whether the world is facing a climate emergency, more than a dozen cities are stepping up to tackle global warming and sustainable development and will next week pledge to report their progress to the United Nations. People take part in a bicycle demonstration on a highway Read More

No need yet to abandon German balanced budget over climate plan: finance minister

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BERLIN (Reuters) – The German government has other potential options for funding a planned climate package before it need consider sacrificing its “black zero” balanced-budget policy, Finance Minister Olaf Scholz said on Monday. German Finance Minister Olaf Scholz talks to media before the informal meeting of ministers for economic and financial affairs (ECOFIN) and Eurogroup Read More

German Finance Minister sees no need yet to abandon balanced budget over climate plan

5 days ago DieselGasoil Comments Off on German Finance Minister sees no need yet to abandon balanced budget over climate plan
German Finance Minister Olaf Scholz talks to media before the informal meeting of ministers for economic and financial affairs (ECOFIN) and Eurogroup in Helsinki, Finland, 13 September 2019. Lehtikuva/Martti Kainulainen via REUTERS BERLIN (Reuters) – The German government has enough other options to consider for funding a planned climate package before it needs to discuss Read More

Milan bourse strategic for Italy due to MTS bond trading platform: minister

1 week ago DieselGasoil Comments Off on Milan bourse strategic for Italy due to MTS bond trading platform: minister
FILE PHOTO: Italian Finance and Economy Minister Roberto Gualtieri talks to media before the informal meeting of ministers for economic and financial affairs (ECOFIN) and Eurogroup in Helsinki, Finland, 13 September 2019. Lehtikuva/Martti Kainulainen via REUTERS ROME (Reuters) – Italy’s new economy minister said on Friday that the Milan bourse, which is part of the Read More

Alliance between Berlin & Warsaw? New docs reveal what pushed USSR towards Molotov-Ribbentrop Pact

1 week ago DieselGasoil Comments Off on Alliance between Berlin & Warsaw? New docs reveal what pushed USSR towards Molotov-Ribbentrop Pact
Recently released papers shed new light on the infamous non-aggression pact between the USSR and the Nazis. It was allegedly the West’s enmity and a potential alliance between Poland and Germany that forced Moscow’s hand. The Russian Defense Ministry has published a batch of historical documents in the wake of the 80th anniversary of the Read More

Google to pay $1 billion in France to settle fiscal fraud probe

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PARIS (Reuters) – Google agreed to pay close to 1 billion euros ($1.10 billion) to French authorities to settle a fiscal fraud probe that began four years ago in a deal that may create a legal precedent for other large tech companies present in the country. FILE PHOTO: Visitors pass by the logo of Google Read More

Finland to back increase in fossil fuel taxes

2 weeks ago DieselGasoil Comments Off on Finland to back increase in fossil fuel taxes
OSLO (Reuters) – Finland’s new government will propose a tax increase later this year on fossil fuel used for transport, as well as measures to help expand electric-vehicle-charging networks, the country’s environment ministry told Reuters on Monday. The government, in office since June, wants to make Finland carbon-neutral by 2035. It emitted 8.48 tons of Read More