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Japan’s Tepco to decommission second, undamaged Fukushima nuclear plant: Kyodo

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FILE PHOTO: A reactor building (R) and turbine building are seen at Japan Atomic Power Co’s Tokai Daini nuclear power plant during a media tour in Tokai village in Ibaraki prefecture, about 120 km (75 miles) north of Tokyo, April 19, 2011 REUTERS/Yuriko Nakao/File Photo TOKYO (Reuters) – Tokyo Electric Power plans to scrap its Read More

Trump administration split on renewing Chevron’s Venezuela license

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WASHINGTON (Reuters) – The Trump administration is split over whether to renew a license this week for energy company Chevron Corp’s operations in Venezuela, with Secretary of State Mike Pompeo supporting a renewal and others opposing it, three sources with knowledge of the matter said on Tuesday. FILE PHOTO: The logo of Chevron is seen Read More

Facebook to create privacy panel, pay $5 billion to U.S. to settle allegations

5 hours ago DieselGasoil Comments Off on Facebook to create privacy panel, pay $5 billion to U.S. to settle allegations
WASHINGTON (Reuters) – The Federal Trade Commission is set to announce on Wednesday that Facebook Inc (FB.O) has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay $5 billion, two people briefed on the matter said. FILE PHOTO: A 3-D printed Facebook logo is seen in front of displayed binary Read More

Big Tech faces broad U.S. Justice Department antitrust probe

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WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday it was opening a broad investigation of major digital technology firms into whether they engage in anticompetitive practices, the strongest sign the Trump administration is stepping up its scrutiny of Big Tech. FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in Read More

U.S. Justice Department launches antitrust review of big tech firms

6 hours ago DieselGasoil Comments Off on U.S. Justice Department launches antitrust review of big tech firms
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from Reuters files. REUTERS/File Photos -/File Photo WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday it was opening an investigation of major digital tech firms on whether they engage in anticompetitive practices. The review will look into Read More

Singapore records its largest ever haul of smuggled ivory

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By David Chipakupaku, news reporter Elephant ivory weighing 8.8 tonnes has been seized in Singapore, with authorities saying the haul is the biggest ever in the city-state’s history. The elephant tusks were discovered in a Vietnam-bound container from the Democratic Republic of Congo. Also in the illegal cargo were scales from the giant pangolin. This Read More

China’s century? Chinese companies dominate Fortune 500 list

14 hours ago DieselGasoil Comments Off on China’s century? Chinese companies dominate Fortune 500 list
China has overtaken its trade war rival, the US, for the first time in a new list of the world’s largest companies by revenue. Since the Global 500 debut in 1990, the list has, until now, been dominated by American firms. As the world balance of power shifts, Chinese companies took 129 spots, including 10 Read More

A year since Greece’s deadliest wildfire, wounds remain open

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MATI, Greece (Reuters) – A year since Greece’s deadliest wildfire tore through coastal towns near Athens, killing 102 people, the road to normalcy for its survivors is long and dotted with burned down homes and barren land. A combination picture shows a burnt tree at the seaside following a wildfire that killed 102 people in Read More

Total’s deal-making CEO spends billions to ride out turmoil

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By Francois de Beaupuy on 7/23/2019 PARIS (Bloomberg) –If you’re offered the job of running one of the world’s largest companies, you don’t usually have just an hour to decide if you want it. But that was the challenge Patrick Pouyanne faced when the CEO of oil giant Total SA died suddenly in a plane Read More

Norway’s safety watchdog approves drillship for use in Troll phase 3

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London — Norway’s safety watchdog has approved the use by state-controlled Equinor of a drillship to sink eight production wells in connection with the development of the third phase of the giant Troll field in the North Sea. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Troll phase 3 Read More