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China's Huawei in unprecedented media blitz as it battles heightened scrutiny

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HONG KONG (Reuters) – China’s Huawei has launched an unprecedented public relations blitz, thrusting its low-key founder in front of international media as the telecoms firm seeks to ease concern among Western nations bent on shutting it out of their markets. FILE PHOTO: Huawei CEO and founder Ren Zhengfei walks inside Huawei’s headquarters in the Read More

U.S. trade delegation wrapping up meetings in China, hopes of a deal build

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BEIJING (Reuters) – The U.S. trade delegation in Beijing is “wrapping up” meetings with Chinese officials and will return to the United States later on Wednesday after a “good few days”, a U.S. official said. A woman walks past a bench painted in the colours of the U.S. flag outside a clothing store in Beijing, Read More

Malaysian king abdicates amid rumours of marriage to model

2 weeks ago DieselGasoil Comments Off on Malaysian king abdicates amid rumours of marriage to model
For the first time in the country’s history, Malaysia’s king has abdicated. It follows weeks of speculation after the royal took Medical leave, followed by online rumours and pictures purported to show him marrying a former Miss Moscow in Russia. Sultan Muhammad V is the first king to abdicate in the Muslim-majority country since it Read More

Meet the doctor curing fake vaccine news

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The anti-vaxx hoax, which claims that life-saving vaccines actually cause autism in children, has spread in Italy – and beyond – in recent years, causing a drastic increase in the number of parents who refuse to protect their kids from deadly diseases. Waging a Twitter war against conspiracy theories, a 56-year-old doctor has become an Read More

Oil prices fall 1 percent amid supply glut worries

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SINGAPORE (Reuters) – Oil prices dropped 1 percent on Tuesday, extending losses from the previous session as reports of a big climb in U.S. inventories and forecasts of record shale output stoked worries about oversupply. Pump jacks operate in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Read More

U.S. oil prices drop 1 percent on oversupply fears

1 month ago DieselGasoil Comments Off on U.S. oil prices drop 1 percent on oversupply fears
SINGAPORE (Reuters) – U.S. oil prices fell 1 percent on Tuesday after slipping below $50 a barrel in the previous session, with reports of a big climb in U.S. inventories and forecasts of record shale output stoking worries about oversupply. Pump jacks operate in an oil field in Midland, Texas U.S. August 22, 2018. Picture Read More

Wall Street ends flat as nervous investors flock to defensive shares

1 month ago DieselGasoil Comments Off on Wall Street ends flat as nervous investors flock to defensive shares
NEW YORK (Reuters) – The S&P 500 finished little changed after a volatile session on Thursday, as investors continued to be spooked by uncertainty on both domestic and international issues, driving up bids for defensive shares while financials and consumer discretionary stocks were the biggest drags. Traders work on the floor of the New York Read More

China's Zhoushan to go after Singapore marine hub's top billing

1 month ago DieselGasoil Comments Off on China's Zhoushan to go after Singapore marine hub's top billing
ZHOUSHAN, China/SINGAPORE (Reuters) – China’s port city of Zhoushan is planning to challenge Singapore’s dominance of the multi-billion dollar shipping fuel industry, relying on proximity to some of the world’s biggest ports and Beijing’s support to give it an edge. A Sinopec oil tanker approaches cargo vessel Dongtai Baoze (L) berthed at an anchorage off Read More