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Wells Fargo won't be allowed to grow unless problems fixed: Fed's Powell

5 days ago DieselGasoil Comments Off on Wells Fargo won't be allowed to grow unless problems fixed: Fed's Powell
WASHINGTON/NEW YORK (Reuters) – Wells Fargo & Co must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of its customers, said Jerome Powell, chairman of the Federal Reserve. FILE PHOTO: The Wells Fargo name is shown on an office town in downtown Los Read More

China urges Canada to free Huawei CFO or face consequences

6 days ago DieselGasoil Comments Off on China urges Canada to free Huawei CFO or face consequences
BEIJING/OTTAWA (Reuters) – China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd’s chief financial officer, calling the case “extremely nasty”. FILE PHOTO: Meng Wanzhou, Executive Board Director of the Chinese technology giant Huawei, attends a session of the VTB Capital Investment Forum Read More

Storm hits Carolinas and officials warn of potential widespread power outages

6 days ago DieselGasoil Comments Off on Storm hits Carolinas and officials warn of potential widespread power outages
(Reuters) – A winter storm brought snowfall and freezing rain to North and South Carolina on Saturday, creating hazardous conditions on roads and threatening to leave hundreds of thousands of people without power, officials said. The snowfall began on Saturday evening and was expected to last until early Monday in some areas, with up to Read More

Storm to lash Carolinas with icy roads, power outages

7 days ago DieselGasoil Comments Off on Storm to lash Carolinas with icy roads, power outages
(Reuters) – A winter storm bearing down on North and South Carolina on Saturday was set to glaze roads with ice and trigger widespread power outages, with the National Weather Service warning of more than a foot of snow in the region’s mountainous west. The snow was due to strike the area on Saturday evening, Read More

Move, slowpoke! Estonian delivery robot gets a KICK from pedestrian at crosswalk

1 week ago DieselGasoil Comments Off on Move, slowpoke! Estonian delivery robot gets a KICK from pedestrian at crosswalk
A small Estonian six-wheeled delivery robot experienced an awkward freeze, which puzzled both drivers and pedestrians, in a desperate attempt to cross the road in Tallinn. The robot’s journey began as it approached a crosswalk. Though the road only had two lanes of slow-moving traffic, getting to the other side proved to be quite a Read More

Asia shares fall as lift from U.S.-China trade truce ends

2 weeks ago DieselGasoil Comments Off on Asia shares fall as lift from U.S.-China trade truce ends
SHANGHAI (Reuters) – Asian shares fell on Tuesday as a relief rally petered out amid rising doubts over whether China and the United States will be able to resolve trade differences. A man sits in front of an electronic board showing stock information at a brokerage house in Hangzhou, Zhejiang province, China December 3, 2018. Read More

Asia shares fall as lift from US-China trade truce ends

2 weeks ago DieselGasoil Comments Off on Asia shares fall as lift from US-China trade truce ends
SHANGHAI (Reuters) – Asian shares fell on Tuesday as a relief rally petered out amid rising doubts over whether China and the United States will be able to resolve trade differences. A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. REUTERS/Toru Hanai An inverted U.S. yield Read More

Yemen ceasefire hopes dashed as fighting resumes

4 weeks ago DieselGasoil Comments Off on Yemen ceasefire hopes dashed as fighting resumes
Hopes of a ceasefire in Yemen have been dashed after fighting resumed in the port city of Hodeidah between the Saudi-UAE coalition and Houthi rebels. The military alliance – led by Riyadh – conducted more than 10 airstrikes on rebel-held positions overnight, despite having ordered a halt in its offensive last week amid pressure from Read More

Houthi rebels want to freeze military operations in Yemen

4 weeks ago DieselGasoil Comments Off on Houthi rebels want to freeze military operations in Yemen
Yemen’s Houthi rebels say they will freeze military operations if the Saudi-UAE military alliance is prepared to do the same. As the UN prepares for peace talks, high-ranking rebel Mohammed Ali al-Houthi said in a statement on Twitter: “We are willing to freeze and stop military operations on all fronts to reach a just and Read More

Biofuel groups ask federal judge to freeze U.S. refinery waiver program

1 month ago DieselGasoil Comments Off on Biofuel groups ask federal judge to freeze U.S. refinery waiver program
NEW YORK (Reuters) – A group representing biofuel companies asked a federal judge on Tuesday to force the U.S. Environmental Protection Agency to stop exempting small refineries from renewable fuel laws until a lawsuit challenging the agency’s actions is resolved. The U.S. Environmental Protection Agency (EPA) sign is seen on the podium at EPA headquarters Read More