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Gucci owner Kering close to settling Italian tax case for 1.3 to 1.4 billion euros: sources

3 hours ago DieselGasoil Comments Off on Gucci owner Kering close to settling Italian tax case for 1.3 to 1.4 billion euros: sources
MILAN (Reuters) – French luxury group Kering is close to agreeing to pay between 1.3 billion and 1.4 billion euros ($1.5-1.6 billion) to settle a dispute with Italian authorities over unpaid taxes by its fashion brand Gucci, three sources told Reuters on Thursday. FILE PHOTO: Gucci logo is seen in a store at Fiumicino airport Read More

PSA revenues hit by decline in overseas sales and pullout from Iran

3 hours ago DieselGasoil Comments Off on PSA revenues hit by decline in overseas sales and pullout from Iran
PARIS (Reuters) – Peugeot maker PSA Group reported a 1.1 percent decline in revenue, as falling overseas sales outweighed pricing improvements in the first quarter. FILE PHOTO: The logo of French car manufacturer Peugeot is seen at a dealership of the company in Selestat, France, January 14, 2019.REUTERS/Vincent Kessler Revenue fell to 17.98 billion euros Read More

Gucci owner Kering close to settling Italian tax dispute for 1.3-1.4 billion euros: sources

4 hours ago DieselGasoil Comments Off on Gucci owner Kering close to settling Italian tax dispute for 1.3-1.4 billion euros: sources
FILE PHOTO: The logo of Kering is seen during the company’s 2015 annual results presentation in Paris, France, February 19, 2016. REUTERS/Charles Platiau MILAN (Reuters) – French luxury group Kering is close to agreeing to pay between 1.3 billion and 1.4 billion euros ($1.5-1.6 billion) to settle a dispute with Italian authorities over unpaid taxes Read More

‘Intellectual terrorism’: French uni nearly forced to nix conference because of anti-fascist protest

12 hours ago DieselGasoil Comments Off on ‘Intellectual terrorism’: French uni nearly forced to nix conference because of anti-fascist protest
A conference organised by a student association at France’s renowned Sciences Po University has found itself on the verge of disruption as another student group vowed to prevent the attendance of a philosopher they called racist. The participation of a well-known French-Jewish philosopher and a member of the Academie francaise, Alain Finkielkraut, in a round-table Read More

Occidental offers $38 billion for Anadarko, topping Chevron

16 hours ago DieselGasoil Comments Off on Occidental offers $38 billion for Anadarko, topping Chevron
HOUSTON (Reuters) – Oil and gas producer Occidental Petroleum Corp on Wednesday started the first takeover battle for a major oil company in years, offering $38 billion, or $57 billion including debt, for Anadarko Petroleum Corp, a bid that topped an offer by Chevron Corp. FILE PHOTO: The Occidental Petroleum Corp headquarters is pictured in Read More

Erdogan fires back at France’s ‘bloody past’ on day of 1st Armenian genocide commemoration

18 hours ago DieselGasoil Comments Off on Erdogan fires back at France’s ‘bloody past’ on day of 1st Armenian genocide commemoration
Turkish President Recep Tayyip Erdogan has accused France of hypocrisy on the latter’s first national day of commemoration of the Armenian genocide, citing Rwanda and Algeria as example of France’s own historic misdeeds. “If we look at those trying to give lessons on human rights or democracy to Turkey on the Armenian question and the Read More

Another cyclone expected to hit Mozambique on Thursday

19 hours ago DieselGasoil Comments Off on Another cyclone expected to hit Mozambique on Thursday
FILE PHOTO: Flooded homes are seen after Cyclone Idai in Buzi district outside Beira, Mozambique, March 21, 2019. REUTERS/Siphiwe Sibeko MAPUTO (Reuters) – Another tropical cyclone is expected to make landfall on Mozambique’s coast on Thursday, just over a month after a more powerful storm struck the Mozambican port city of Beira further south and Read More

Bayer bosses facing shareholder reckoning over Monsanto deal as cancer lawsuits mount

21 hours ago DieselGasoil Comments Off on Bayer bosses facing shareholder reckoning over Monsanto deal as cancer lawsuits mount
German Pharmaceutical giant Bayer is running into mounting shareholder opposition ahead of its annual meeting on Friday. The company’s investors are faulting management for failing to foresee the risks of its biggest deal ever. A growing number of shareholders have said they won’t support executives and supervisory board members in the upcoming no-confidence vote. The Read More

$1 billion in Notre Dame donations: Philanthropy or rich patrons seeking praise?

21 hours ago DieselGasoil Comments Off on $1 billion in Notre Dame donations: Philanthropy or rich patrons seeking praise?
With wealthy donors giving a billion dollars to restore Notre Dame following the devastating fire, some have been left asking why the money only comes after tragedy strikes. RT guests debate the Notre Dame patrons’ priorities. “Two years ago you couldn’t get a crumb out of ”, argues journalist and social commentator Sonia Poulton. Read More

‘Marsquake’ detected on Red Planet for very first time

2 days ago DieselGasoil Comments Off on ‘Marsquake’ detected on Red Planet for very first time
The first ever seismic tremor was registered on Mars, proving that the so-far hypothetical “marsquakes” are a real deal, and the Red Planet is far from being dead – in a geological sense at least. The quake was detected by the French made SEIS module, that was placed on the planet back in December 2018 Read More