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U.S. fund Elliott battles the odds in latest showdown with Hyundai

8 hours ago DieselGasoil Comments Off on U.S. fund Elliott battles the odds in latest showdown with Hyundai
SEOUL (Reuters) – The showdown between U.S. activist hedge fund Elliott Management and Hyundai Motor Group is set to come to a head on Friday when shareholders gather to vote on the fund’s demands for a hefty special dividend and a board shake-up. FILE PHOTO: Paul Singer, founder and president of Elliott Management Corporation, speaks Read More

Levi Strauss valued at $6.6 billion as IPO prices above target

9 hours ago DieselGasoil Comments Off on Levi Strauss valued at $6.6 billion as IPO prices above target
(Reuters) – Levi Strauss & Co fetched a higher price than expected in its initial public offering (IPO) on Wednesday, selling $623.3 million in shares as the U.S. jeans maker looks to return to the stock market after 34 years as a family-owned company. Jeans trousers are displayed at a Levi Strauss store in New Read More

The City of Mississauga Bypasses the Grid with Clear Blue Technologies’ Smart Off-Grid Lighting

19 hours ago DieselGasoil Comments Off on The City of Mississauga Bypasses the Grid with Clear Blue Technologies’ Smart Off-Grid Lighting
TORONTO, March 20, 2019 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue” or “the Company”) (TSXV: CBLU), the Smart Off-Grid™ company, today announced the installation of its Smart Off-Grid Illumient lighting systems in the City of Mississauga, Ontario. The project in Duncairn Downs Park, located in the Erin Mills Community, was completed late Read More

Lenders and travelers stick with Ethiopian Airlines, for now

2 days ago DieselGasoil Comments Off on Lenders and travelers stick with Ethiopian Airlines, for now
NAIROBI (Reuters) – Financiers, passengers and industry partners are, for now, still backing Ethiopian Airlines’ quest to become Africa’s dominant carrier, despite a March 10 crash that killed 157 people. FILE PHOTO: Ethiopian Red Cross workers carry a body bag with the remains of Ethiopian Airlines Flight ET 302 plane crash victims at the scene Read More

Marriott evaluates investor Jonathan Litt's nomination for board seat

6 days ago DieselGasoil Comments Off on Marriott evaluates investor Jonathan Litt's nomination for board seat
FILE PHOTO: Signage for the New York Marriott Marquis is seen in Manhattan, New York, November 16, 2015. REUTERS/Andrew Kelly (Reuters) – Marriott International Inc said on Friday it was evaluating activist investor Jonathan Litt’s nomination for a seat on the hotel chain’s board. Land & Buildings, founded by Litt, has a 0.03 percent stake Read More

DNO Shares Traded Ex-Dividend

6 days ago DieselGasoil Comments Off on DNO Shares Traded Ex-Dividend
Oslo, 15 March 2019 – DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s shares will be traded ex-dividend effective 15 March 2019. A dividend payment of NOK 0.20 per share will be made on or about 27 March 2019 to all shareholders of record as of 18 March 2019. — Read More

On Japan Sea coast, small firm shows scars of China's economic woes

6 days ago DieselGasoil Comments Off on On Japan Sea coast, small firm shows scars of China's economic woes
JOETSU, Japan (Reuters) – In snow country along Japan’s northern coast, a small manufacturer of precision moulds is feeling the pain of China’s economic slowdown. Workers are seen at the factory of Nagumo Seisakusho Co., Ltd. in Jyoetsu, Niigata prefecture, Japan February 22, 2019. REUTERS/Tetsushi Kajimoto Orders have slowed to a trickle at Nagumo Seisakusho Read More

Chaparral Energy to Present at 31st Annual ROTH Conference

6 days ago DieselGasoil Comments Off on Chaparral Energy to Present at 31st Annual ROTH Conference
OKLAHOMA CITY, March 14, 2019 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (NYSE: CHAP) today announced it will attend the 31st annual ROTH conference in Orange County, California on Monday, March 18. The company will participate in the “Exciting Trends in Drillbit Activity” panel at 12:30 p.m. Pacific and hold one-on-one meetings throughout the day. A Read More

The Intercept shuts Snowden archive amid layoffs & outrage

6 days ago DieselGasoil Comments Off on The Intercept shuts Snowden archive amid layoffs & outrage
First Look Media, the parent company of the Intercept, announced it will shut access to the archive of documents leaked by NSA whistleblower Edward Snowden to cut costs as it plans to layoff 4 percent of staff. The news was met with outrage from high ranking staff member and filmmaker Laura Poitras, who went to Read More

#BoycottChineseProducts trends on Indian social media after latest block by China

7 days ago DieselGasoil Comments Off on #BoycottChineseProducts trends on Indian social media after latest block by China
China has once again blocked a move to designate the leader of the Jaish-e-Mohammed (JeM) group behind the Kashmir bomb attack as a terrorist, sparking indignation and calls for a boycott on Indian social media. Masood Azhar, who founded JeM in 1999, is currently believed to be the coordinator of the February 14 suicide bomb Read More