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South Korea orders further arrests at Samsung Electronics over accounting scandal

11 hours ago DieselGasoil Comments Off on South Korea orders further arrests at Samsung Electronics over accounting scandal
FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – A South Korean court approved arrest warrants on Saturday for two executives at Samsung Electronics Co Ltd over their alleged roles in a suspected accounting fraud at the biotech Read More

India’s jobs deficit: Project in Gujarat struggling to create employment

1 day ago DieselGasoil Comments Off on India’s jobs deficit: Project in Gujarat struggling to create employment
GANDHINAGAR, India (Reuters) – When he was chief minister of the Indian state of Gujarat in 2011, Indian Prime Minister Narendra Modi kicked off an ambitious project to develop a financial hub in the style of Singapore or Dubai. People walk past buildings under construction at the Gujarat International Finance Tec-City (GIFT) at Gandhinagar, in Read More

India election: Narendra Modi secures second term

2 days ago DieselGasoil Comments Off on India election: Narendra Modi secures second term
Indian Prime Minister Narendra Modi has secured a second term after winning the country’s general election. The Bharatiya Janata Party (BJP) claims it has won re-election with a commanding lead, with Mr Modi tweeting: “Together we grow. Together we prosper. Together we will build a strong and inclusive India. India wins yet again!” The election Read More

6 dead, 200 injured as Indonesia gripped by post-election riots (VIDEOS, PHOTOS)

3 days ago DieselGasoil Comments Off on 6 dead, 200 injured as Indonesia gripped by post-election riots (VIDEOS, PHOTOS)
Jakarta has descended into violent chaos with angry mobs torching cars and firing missiles and Molotov cocktails at police in post-election skirmishes. So far, six people have been confirmed dead and a further 200 injured. A reportedly 50,000-strong security force used tear gas and water cannon to quell torrents of rocks, Molotov cocktails and other Read More

Trudeau warns China against ‘arbitrary detention’ as Canada works to ship Huawei CFO to US

3 days ago DieselGasoil Comments Off on Trudeau warns China against ‘arbitrary detention’ as Canada works to ship Huawei CFO to US
Canadian PM Justin Trudeau has called on the West to counter China’s “aggression,” as Ottawa tries to get back two alleged spies arrested by Beijing. Canada, meanwhile, is working to extradite a Huawei executive to the US. “China is making stronger moves than it has before to try and get its own way on the Read More

HSBC plans more China tech jobs in push for market share

3 days ago DieselGasoil Comments Off on HSBC plans more China tech jobs in push for market share
HONG KONG (Reuters) – HSBC Holdings PLC plans to add more than a 1,000 jobs this year at its technology development centers in China, as the Asia-focused lender seeks to bolster its presence in the world’s second largest economy. FILE PHOTO: The HSBC headquarters building is seen in Pudong financial district in Shanghai, China December Read More

Let me borrow your ride: US gets UK carrier, while her captain gets the boot

3 days ago DieselGasoil Comments Off on Let me borrow your ride: US gets UK carrier, while her captain gets the boot
The captain of the HMS Queen Elizabeth has just been relieved of command, reportedly over borrowing the ship’s car for personal use. Yet the US Marines are about to do basically the same with the Royal Navy’s flagship carrier. Commodore Nick Cook-Priest, who took over as captain of the Queen Elizabeth (R08) in October 2018, Read More

U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm

4 days ago DieselGasoil Comments Off on U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm
SHANGHAI/NEW YORK (Reuters) – The United States has temporarily eased trade restrictions on China’s Huawei to minimize disruption for its customers, a move the founder of the world’s largest telecoms equipment maker said meant little because it was already prepared for U.S. action. The U.S. Commerce Department blocked Huawei Technologies from buying U.S. goods last Read More