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RBS begins global hunt for CEO to replace McEwan

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LONDON/EDINBURGH (Reuters) – Royal Bank of Scotland is searching for a new chief executive after Ross McEwan resigned, signaling a fresh start as it heads for full private ownership after a state bailout. FILE PHOTO: Royal Bank of Scotland chief executive Ross McEwan is seen outside Downing Street in London, Britain March 20, 2019. REUTERS/Hannah Read More

Goldman Sachs, Bank of England and Treasury targeted by climate activists in London

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LONDON (Reuters) – More than 300 environmental activists sowed chaos through London’s financial district on Thursday, gluing themselves to the stock exchange and blocking roads outside the Bank of England and major banks such as Goldman Sachs. The Extinction Rebellion group has spent 11 days disrupting London in a bid to force Britain to act Read More

German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse

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FRANKFURT (Reuters) – German hopes of creating a national banking champion able to challenge global competitors were dashed on Thursday when Deutsche Bank and Commerzbank ended merger talks due to the risks of doing a deal, restructuring costs and capital demands. Germany’s two largest banks announced that nearly six weeks of high-level negotiations about a Read More

‘Lay-off our spuds!’ PepsiCo slammed for suing Indian farmers over potatoes

3 hours ago DieselGasoil Comments Off on ‘Lay-off our spuds!’ PepsiCo slammed for suing Indian farmers over potatoes
Snack giant PepsiCo’s Indian subsidiary is suing nine farmers in the state of Gujarat, telling them to lay-off growing a type of spud used in its popular brand of potato chips. Advocacy groups, meanwhile, have vowed to bite back. The potato farmers, who tend plots averaging 3-4 acres in size, stand accused by the US Read More

Russian oil imports to Europe halted due to contamination

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By Aliaksandr Kudrytski and Maciej Martewicz on 4/25/2019 MINSK and WARSAW (Bloomberg) — Russian oil flows to parts of Europe were halted after customers complained of unusual impurities in the crude, adding another disruption to the global oil market and pushing prices in London above $75/bbl. Poland, which receives oil through a northern section of Read More

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution

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Monaco, April 25, 2019 (GLOBE NEWSWIRE) — GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended March 31, 2019. Highlights ·Announced and, post quarter-end, completed the acquisition of the GasLog Glasgow from GasLog Read More

Wall Street bankers make triumphant return to Saudi Arabia just in time for mass beheadings

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Global finance leaders, who boycotted the Saudi investment summit last year over the murder of journalist Jamal Khashoggi, have returned to Riyadh despite the beheadings of dozens of people this week. Big investors, particularly from Wall Street, joined panels at the two-day financial forum which began on Wednesday in Riyadh. Larry Fink, CEO of US Read More

Precision Drilling Corporation Announces 2019 First Quarter Unaudited Financial Results

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CALGARY, Alberta, April 25, 2019 (GLOBE NEWSWIRE) — (Canadian dollars except as indicated) This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” Read More

SDLP – Seadrill Partners LLC First Quarter 2019 Cash Distribution

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London, United Kingdom, April 25, 2019 – Seadrill Partners LLC (NYSE: SDLP) (“Seadrill Partners” or the “Company”) announces today that a distribution of $0.01 per unit has been declared with respect to the first quarter ended March 31, 2019, in line with the fourth quarter distribution. The first quarter cash distribution will be paid on Read More

Goldman, Bank of England and stock exchange targeted by climate activists in London

6 hours ago DieselGasoil Comments Off on Goldman, Bank of England and stock exchange targeted by climate activists in London
LONDON (Reuters) – Environmental activists glued themselves to the London Stock Exchange, blocked roads near the Bank of England and protested outside banks such as Goldman Sachs on Thursday to try to force Britain to help avert what they cast as a climate cataclysm. The Extinction Rebellion group has caused mass disruption across London, blocking Read More