newszine

Karmic reckoning? Investors in activist hedge funds agitate for change

3 weeks ago DieselGasoil Comments Off on Karmic reckoning? Investors in activist hedge funds agitate for change
(Reuters) – Frustrated by high fees and uninspiring returns, pension funds, sovereign wealth funds and other big institutional investors are demanding U.S. activist hedge funds be more transparent about their investment ideas and charge less, investors and fund managers say. FILE PHOTO: Nelson Peltz founding partner of Trian Fund Management LP. speak at the WSJD Read More

Brazil’s toxic pesticides ‘affecting people all over the world’ through agricultural exports

3 weeks ago DieselGasoil Comments Off on Brazil’s toxic pesticides ‘affecting people all over the world’ through agricultural exports
Brazil’s embrace of highly toxic pesticides – the government has approved 262 so far this year and loosened regulations on what is considered “extremely toxic” – is affecting people far outside its borders, an expert tells RT. “EU-banned pesticide being manufactured in the EU, and then coming back to citizens in the EU, in Read More

Tunisia’s first democratically elected leader dies

3 weeks ago DieselGasoil Comments Off on Tunisia’s first democratically elected leader dies
By Emily Mee, news reporter Tunisia’s president and first democratically elected leader has died at the age of 92. Beji Caid Essebsi, who was one of the world’s oldest leaders, died at Tunis military hospital on Thursday after being admitted the night before. He had been hospitalised three times in recent weeks after suffering a Read More

Targa Resources Corp. Provides Details on Planned Succession and Management Transition

3 weeks ago DieselGasoil Comments Off on Targa Resources Corp. Provides Details on Planned Succession and Management Transition
HOUSTON, July 25, 2019 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced updates today regarding management succession planning and transition, with the following changes approved by Targa’s Board of Directors. Effective March 1, 2020, Matthew J. Meloy, current President, will become Chief Executive Officer and will be elected to the Read More

Analysis: China’s oil refineries to face curbs in Q3 ahead of anniversary celebrations

3 weeks ago DieselGasoil Comments Off on Analysis: China’s oil refineries to face curbs in Q3 ahead of anniversary celebrations
Singapore — China’s oil refineries are likely to get caught in a clampdown on industrial activity by city-level municipal authorities ahead of the country’s 70th anniversary celebrations in October that could limit refined product output, crude throughput volumes and crude import levels in the third quarter. Not registered? Receive daily email alerts, subscriber notes & Read More

Tesla needs more time to turn profit; founding engineer steps down

3 weeks ago DieselGasoil Comments Off on Tesla needs more time to turn profit; founding engineer steps down
(Reuters) – Tesla Inc (TSLA.O) on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pioneer of the company’s electric batteries, J.B. Straubel, was stepping down from his role as chief technology officer. FILE PHOTO: A Tesla logo on a Model S is photographed Read More

Tesla target for profit pushed back to fourth-quarter, shares down 11.5%

3 weeks ago DieselGasoil Comments Off on Tesla target for profit pushed back to fourth-quarter, shares down 11.5%
(Reuters) – Tesla Inc (TSLA.O) on Wednesday missed financial targets in its second quarter despite record deliveries of its electric vehicles, adding that the carmaker will break even this quarter, rather than post a profit. FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., Read More

Microsoft to invest $1 billion in OpenAI

4 weeks ago DieselGasoil Comments Off on Microsoft to invest $1 billion in OpenAI
(Reuters) – Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial intelligence supercomputing technologies on Microsoft’s Azure cloud computing service. OpenAI was founded in 2015 as a nonprofit with $1 billion in funding from Silicon Valley investors Sam Read More

Scandal-plagued Bibi beats Ben-Gurion to become longest-serving Israeli PM

4 weeks ago DieselGasoil Comments Off on Scandal-plagued Bibi beats Ben-Gurion to become longest-serving Israeli PM
As he faces corruption allegations and yet another election fight, Israel’s unsinkable Prime Minister Benjamin Netanyahu has set a new record by becoming the longest-serving leader of the Jewish state. The previous record of Israeli political longevity stood at 4,875 days and remained unmatched since 1963, when the nation’s founding father, David Ben-Gurion, retired as Read More

On Apollo 11 anniversary, NYT declares USSR ‘won space race’ for wokeness

1 month ago DieselGasoil Comments Off on On Apollo 11 anniversary, NYT declares USSR ‘won space race’ for wokeness
American space achievements such as the Apollo 11 Moon landing mean nothing because they were racist and sexist, while the Soviet Union practiced diversity. A ready-made RT article? Try the two main US newspapers instead. Picture in your mind a RT.com headline that goes something like this: “How the Soviets Won the Space Race for Read More