newszine

‘Never forget what they did here’: Snowden vents dismay at EU copyright reform

20 mins ago DieselGasoil Comments Off on ‘Never forget what they did here’: Snowden vents dismay at EU copyright reform
NSA whistleblower Edward Snowden has decried the EU’s decision to pass highly controversial copyright reform in a move that critics argue clamps down on free speech. Shortly after the European Parliament voted to adopt Article 13 on Tuesday, Snowden, who currently resides in Russia, tweeted his disgust at the decision to pass a directive that Read More

Germany wants Europe to join China's new Silk Road after criticizing Italy for doing the same

50 mins ago DieselGasoil Comments Off on Germany wants Europe to join China's new Silk Road after criticizing Italy for doing the same
The Chinese “Belt and Road” initiative is an important project, which European states would be glad to join, according to German Chancellor Angela Merkel, who stressed that cooperation should be based on reciprocity from Beijing. “We, as Europeans, want to play an active part and that must lead to certain reciprocity and we are still Read More

'Dark day for internet freedom': EU lawmakers approve controversial copyright reform

1 hour ago DieselGasoil Comments Off on 'Dark day for internet freedom': EU lawmakers approve controversial copyright reform
The European Parliament has voted to adopt the highly controversial Article 13 provision which would govern the production and distribution of content online under the auspices of increasing copyright protections. Tuesday’s move will update the EU’s 20-year-old copyright rules and will govern audiovisual content, much to the dismay of many social media users who have Read More

Trump's Golan gift to Israel condemned by UN, Gulf & European allies

1 hour ago DieselGasoil Comments Off on Trump's Golan gift to Israel condemned by UN, Gulf & European allies
Donald Trump’s decision to recognize Israel’s annexation of the Syrian Golan has been met with condemnation by the international community, with the UN and Washington’s Gulf and European allies slamming the move. The US president signed a declaration on Monday recognizing Israel’s sovereignty over the disputed Golan Heights. Israeli Prime Minister Benjamin Netanyahu, who was Read More

Recession obsession keeps the mood subdued

3 hours ago DieselGasoil Comments Off on Recession obsession keeps the mood subdued
LONDON (Reuters) – Calm returned to global markets on Tuesday as a steadier day for Europe and Asia’s bourses and a tick higher in benchmark bond yields helped ease nerves after a jarring few days dominated by recession worries. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, Read More

Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East

7 hours ago DieselGasoil Comments Off on Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East
SAN FRANCISCO (Reuters) – Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering. The Uber Hub is seen in Redondo Beach, California, U.S., March 25, 2019. REUTERS/Lucy Nicholson     Uber said late Monday night Read More

Positive Development on Trade Front

13 hours ago DieselGasoil Comments Off on Positive Development on Trade Front
We start a new trading week with a Monday free of economic markers at least on the domestic level Overseas a key early indicator is the German IFO business survey for March and it was released during regular trading in the Eurozone A headline of 99 6 was ahead of Read More

Bayer boss calls Monsanto takeover ‘good idea’ despite mounting lawsuits

23 hours ago DieselGasoil Comments Off on Bayer boss calls Monsanto takeover ‘good idea’ despite mounting lawsuits
The CEO of German chemical giant Bayer, Werner Baumann, has defended the multibillion-dollar takeover of Monsanto despite the huge legal costs that are piling up over the firm’s Roundup weed killer. “The Monsanto acquisition was and is a good idea,” Baumann told Frankfurter Allgemeine when asked if he would change his mind about buying the Read More

Wall Street falls on global economic slowdown fears

23 hours ago DieselGasoil Comments Off on Wall Street falls on global economic slowdown fears
(Reuters) – Wall Street’s main indexes fell on Monday, dragged down by declines in high-growth technology shares, as fears of a global slowdown roiled the market for the second straight session. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid On Friday, weak Read More

Bayer, J&J settle U.S. Xarelto litigation for $775 million

23 hours ago DieselGasoil Comments Off on Bayer, J&J settle U.S. Xarelto litigation for $775 million
(Reuters) – Bayer AG and Johnson & Johnson have agreed to settle more than 25,000 U.S. lawsuits over their blockbuster blood thinner Xarelto for a total of $775 million, court documents on Monday showed. Logo of Bayer AG is pictured at the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, Read More