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Billionaire industrialist and conservative donor David Koch dies at age 79

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WASHINGTON (Reuters) – Billionaire industrialist David Koch, a driving force behind conglomerate Koch Industries who as one of the world’s richest people became a major financier of conservative causes and political candidates, has died at age 79, his brother said on Friday. FILE PHOTO: Businessman David Koch arrives at the Metropolitan Museum of Art Costume Read More

Huawei says U.S. curbs to cut smartphone unit’s revenue by over $10 billion

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HONG KONG/SHANGHAI (Reuters) – Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit’s revenue lower by about $10 billion this year. People visit a newly opened Huawei store in Xian, Shaanxi province, Read More

Huawei says impact of U.S. trade restrictions less than feared

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People visit a newly opened Huawei store in Xian, Shaanxi province, China August 22, 2019. REUTERS/Stringer HONG KONG (Reuters) – Chinese smartphone maker Huawei Technologies said on Friday its business has been less impacted by U.S. trade restrictions than the company had initially feared and it is “fully prepared” to live and work with U.S. Read More

Enerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel

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CALGARY, Alberta, Aug. 23, 2019 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”) announced today the appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David H. Izett as Senior Vice President, General Counsel, effective September 9, 2019. Mr. Bishnoi is a proven Chief Financial Officer with over 20 Read More

Traders spot opportunity with LNG prices at rock bottom

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By Anna Shiryaevskaya and Stephen Stapczynski on 8/22/2019 LONDON (Bloomberg) – After prices plunged to their lowest on record for this time of year, traders say buyers from Japan to India have started to snap up cargoes in anticipation of a pickup in winter demand. Procurement for the colder season is only expected to intensify Read More

Trump attacks Ford Motor for not backing fuel economy rollback

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WASHINGTON (Reuters) – U.S. President Donald Trump stepped up a series of attacks on automakers on Wednesday for not backing his administration’s plan to roll back Obama-era fuel efficiency rules, singling out Ford Motor Co (F.N) in particular for backing a deal with California for stricter fuel economy standards. FILE PHOTO: U.S. President Donald Trump Read More

E-cigarette firms probed over health concerns by U.S. House panel

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WASHINGTON (Reuters) – Four dominant e-cigarette manufacturers face a probe into the health impacts of their products, as the U.S. House Energy and Commerce Committee asked on Wednesday about the firms’ research and marketing practices. FILE PHOTO: Juul brand vaping pens are seen for sale in a shop in Manhattan in New York City, New Read More

Clear Blue Technologies To Report Fiscal 2019 Second-Quarter Financial Results and Host Conference Call On Wednesday, August 28

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TORONTO, Aug. 21, 2019 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (Clear Blue or “the Company”) (TSXV: CBLU) (FRANKFURT: 0YA), the Smart Off-Grid™ company, today announced that it will report financial results for its second quarter of fiscal 2019 on Wednesday, August 28, 2019, before the market opens. Clear Blue will host a conference Read More

Video of Huawei executive’s arrest in Canada released as extradition hearings draw closer

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Canadian authorities agreed to release footage of the arrest of Meng Wanzhou, the CFO of Huawei, who is fighting against extradition to the US on charges of conspiracy and fraud. Her lawyers say she was denied due process. The footage shows the arrest of Meng on December 1, 2018 at the Vancouver International Airport during Read More

Amazon opens its biggest global campus in India

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HYDERABAD (Reuters) – Amazon.com Inc on Wednesday launched its biggest campus in the world in the southern Indian city of Hyderabad, underscoring its expansion plans in the country that has been one of its fastest growing overseas markets. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January Read More