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Lawyers for Huawei CFO urge Canada’s Justice Minister to withdraw extradition proceedings

3 hours ago DieselGasoil Comments Off on Lawyers for Huawei CFO urge Canada’s Justice Minister to withdraw extradition proceedings
FILE PHOTO: Huawei’s Financial Chief Meng Wanzhou leaves her family home in Vancouver, British Columbia, Canada, May 8, 2019. REUTERS/Lindsey Wasson/File Photo (Reuters) – Lawyers for Huawei’s chief executive officer Meng Wanzhou, who is being detained in Canada on U.S. fraud charges, on Monday urged Canada’s Minister of Justice to reconsider whether to withdraw the Read More

Washington lives in ‘perverse state’ of self-induced panic – China on Huawei scare

5 hours ago DieselGasoil Comments Off on Washington lives in ‘perverse state’ of self-induced panic – China on Huawei scare
US officials demonstrate an obscene level of paranoia while trying to ban Huawei and other Chinese telecom companies from the US, Beijing said, blasting American security policies as a “fool’s dream.” “In response to the US officials, I want to say that they have been living in self-induced panic, and reached a perverse state, in Read More

Bitcoin’s back! BTC blows past $11,000, up almost 300% this year

7 hours ago DieselGasoil Comments Off on Bitcoin’s back! BTC blows past $11,000, up almost 300% this year
Bitcoin soared above the $11,000 mark on Monday, reaching a more than 15-month high. The world’s most popular cryptocurrency hit $11,234 during early trading, nearly tripling in value since January. Bitcoin has led the resurgence of the cryptocurrencies market as investors seem to have recovered their appetite since the crypto bubble burst in 2018. Last Read More

Archrock Announces Agreement to Acquire Elite Compression

9 hours ago DieselGasoil Comments Off on Archrock Announces Agreement to Acquire Elite Compression
Acquiring approximately 430,000 of compression horsepower from Elite Compression Services for approximately $410 million in cash and Archrock common stock Reinforces focus on large horsepower compression serving midstream infrastructure with blue-chip customers Accretive to earnings and free cash flow per share and supports our path to achieving sub-4.0x leverage in 2020 Enhances basin density across Read More

India asks scooter, bike makers to draw up plan for EVs: sources

1 day ago DieselGasoil Comments Off on India asks scooter, bike makers to draw up plan for EVs: sources
NEW DELHI (Reuters) – India’s federal think-tank has asked scooter and motorbike manufacturers to draw up a plan to switch to electric vehicles, days after they publicly opposed the government’s proposals saying they would disrupt the sector, two sources told Reuters. FILE PHOTO: A boy prepares to recharge his electric scooter outside his home in Read More

Funeral flight? SpaceX to send HUMAN ASHES into orbit aboard Falcon rocket… for $5k per gram

1 day ago DieselGasoil Comments Off on Funeral flight? SpaceX to send HUMAN ASHES into orbit aboard Falcon rocket… for $5k per gram
SpaceX is prepping for a launch of its third Falcon Heavy rocket, this time loaded with 24 satellites, as well as more unusual cargo – none other than people’s remains. The “funeral flight” is scheduled for late on Monday, June 24, and will see containers packed with the cremated remains of 152 people sent into Read More

Illiquid assets held by Woodford’s UK fund pose hurdle to reopening

1 day ago DieselGasoil Comments Off on Illiquid assets held by Woodford’s UK fund pose hurdle to reopening
LONDON (Reuters) – Trading in Neil Woodford’s 3.7 billion pound ($4.69 billion) Equity Income Fund may not be reopened swiftly after it was suspended on June 3 because of the illiquid assets it holds. Neil Woodford, founder and fund manager at Woodford Investment Management, is seen in this undated handout picture released on June 10, Read More

India’s space startups ignite investor interest

2 days ago DieselGasoil Comments Off on India’s space startups ignite investor interest
MUMBAI (Reuters) – From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of space technology startups are mushrooming in India, catching the attention of investors keen to join the space race. Bellatrix Aerospace CEO Rohan Ganapathy stands next to a vacuum chamber at their laboratory Read More

Huawei files lawsuit against U.S. Commerce Dept over seized equipment: filing

3 days ago DieselGasoil Comments Off on Huawei files lawsuit against U.S. Commerce Dept over seized equipment: filing
WASHINGTON (Reuters) – Huawei Technologies Co Inc filed a lawsuit against the U.S. Commerce Department on Friday challenging whether telecommunications equipment it sent from China to the United States, and then back to China, is covered by Export Administration Regulations, according to a court filing. FILE PHOTO: A Huawei company logo is seen at the Read More

Explainer: Initial exchange offerings flourish in crypto market

3 days ago DieselGasoil Comments Off on Explainer: Initial exchange offerings flourish in crypto market
NEW YORK (Reuters) – Initial exchange offerings (IEOs) are currently the most popular fundraising trend in the cryptocurrency industry, which has seen poster child bitcoin surge more than 150% in 2019. As the name suggests, initial exchange offerings are conducted over crypto trading platforms and exchanges. FILE PHOTO: Bitcoin (virtual currency) coins are seen in Read More