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Swedish student leader wins EU pledge to spend billions on climate

2 hours ago DieselGasoil Comments Off on Swedish student leader wins EU pledge to spend billions on climate
BRUSSELS (Reuters) – The European Union should spend hundreds of billions of euros combating climate change during the next decade, its chief executive said on Thursday, responding to a Swedish teen who has inspired a global movement of children against global warming. In a speech alongside 16-year-old Greta Thunberg in Brussels, European Commission President Jean-Claude Read More

Banning Huawei from 5G would cause difficulties: T-Mobile Polska CEO

6 hours ago DieselGasoil Comments Off on Banning Huawei from 5G would cause difficulties: T-Mobile Polska CEO
FILE PHOTO: The logo of Huawei Technologies is pictured in front of the German headquarters of the Chinese telecommunications giant in Duesseldorf, Germany, February 18, 2019. REUTERS/Wolfgang Rattay/File Photo WARSAW (Reuters) – If Poland excludes Chinese tech giant Huawei from 5G development it would cause difficulties and possibly delay the network rollout, the chief executive Read More

Remain or leave? Carmakers confront hard Brexit choices

8 hours ago DieselGasoil Comments Off on Remain or leave? Carmakers confront hard Brexit choices
ST ATHAN, Wales/GAYDON, England (Reuters) – In three cavernous former Royal Air Force hangars at an old airbase in Wales, luxury carmaker Aston Martin is forging ahead with construction of a new vehicle assembly plant. A general view of the Aston Martin production line at their world headquarters in Gaydon, Britain, February 14, 2019. REUTERS/Andrew Read More

US arm-twisting & pipe dreams aside, Europe just won’t quit Russian gas imports

13 hours ago DieselGasoil Comments Off on US arm-twisting & pipe dreams aside, Europe just won’t quit Russian gas imports
Austria will continue buying Russian gas despite US pressure and fear-mongering from Poland and Ukraine about dangers to European energy security. The cost of importing US gas is just not right, says its Chancellor Sebastian Kurz. Meeting with US President Donald Trump in Washington on Wednesday, the 32-year-old chancellor stood up for Austria’s continued support Read More

Think of the billions! UK’s Hunt urges Germany to drop Saudi arms sales ban

18 hours ago DieselGasoil Comments Off on Think of the billions! UK’s Hunt urges Germany to drop Saudi arms sales ban
UK Foreign Secretary Jeremy Hunt has pleaded with his German counterpart to drop Berlin’s ban on weapons exports to Saudi Arabia, fearing it will damage the bottom line of UK and European arms manufacturers. In a private letter to German Foreign Minister Heiko Maas ahead of a trip to Berlin Wednesday, Hunt said he was Read More

Microsoft says discovers hacking targeting democratic institutions in Europe

21 hours ago DieselGasoil Comments Off on Microsoft says discovers hacking targeting democratic institutions in Europe
(Reuters) – Microsoft Corp on Wednesday said it had discovered cyber attacks directed at democratic institutions, think tanks and non-profit organizations in Europe and would offer a cyber security service to several countries to close security gaps. FILE PHOTO: General view of Microsoft’s logo at Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, Read More

Daimler risks fine as German prosecutors launch new probe

23 hours ago DieselGasoil Comments Off on Daimler risks fine as German prosecutors launch new probe
BERLIN (Reuters) – German prosecutors have launched a probe into Daimler for allegedly failing to prevent diesel (gasoil) emissions cheating, possibly resulting in a fine for the carmaker, as its legal woes mount up over the affair. The Daimler is seen during a press conference on the second press day of the Paris auto show, Read More

Russia remains Ukraine’s key trade partner despite Kiev’s claims of cutting economic ties

24 hours ago DieselGasoil Comments Off on Russia remains Ukraine’s key trade partner despite Kiev’s claims of cutting economic ties
Despite years of mutual trade restrictions, Russia remained Ukraine’s biggest trade partner in 2018, according to data published by the State Statistics Service of Ukraine. Sales of Russian produce to Ukraine saw 12.3-percent year-on-year growth to US$8.1 billion. That makes Russia the biggest Ukrainian supplier, leaving China, Germany, Belarus, and Poland far behind. At the Read More

UBS to appeal after fined 4.5 billion euros in French tax fraud case

24 hours ago DieselGasoil Comments Off on UBS to appeal after fined 4.5 billion euros in French tax fraud case
PARIS (Reuters) – A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann/File Photo Shares in Read More

Man accused of UK terror plot charged with planning Germany attack

1 day ago DieselGasoil Comments Off on Man accused of UK terror plot charged with planning Germany attack
A man accused of plotting a terrorist bomb attack in the UK has appeared in court charged with inciting an atrocity in Germany. Fatah Mohammed Abdullah, 33, was arrested in December last year after he allegedly bought “explosive pre-cursors” online. Last week, he was charged with inciting two people to commit a terror attack in Read More