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Visa profit jumps, lower cross-border volume weighs on shares

8 hours ago DieselGasoil Comments Off on Visa profit jumps, lower cross-border volume weighs on shares
(Reuters) – Visa Inc reported higher expenses and lower spending by people using its cards abroad on Wednesday even as increased overall consumer spending drove quarterly profit 14 percent higher. FILE PHOPTO: Security staff stand next to a Visa logo at Murtala Muhammed International Airport before the arrival of the Nigerian Women’s Bobsled Team, in Read More

Boeing axes 210 orders after India’s Jet stops flying

13 hours ago DieselGasoil Comments Off on Boeing axes 210 orders after India’s Jet stops flying
(Reuters) – Boeing Co removed 210 aircraft from its order backlog and took an impairment charge over customer financing losses on Wednesday following the near-collapse of India’s Jet Airways. FILE PHOTO: The Boeing logo is seen at their headquarters in Chicago, in this April 24, 2013 file photo. REUTERS/Jim young/File Photo/File Photo The adjustment pushed Read More

Trudeau-Duterte fight over illegally-dumped Canadian trash highlights global problem

14 hours ago DieselGasoil Comments Off on Trudeau-Duterte fight over illegally-dumped Canadian trash highlights global problem
The global waste crisis was brought into sharp focus again after Philippines President Rodrigo Duterte threatened “war” with Canada over illegally dumped trash — an issue PM Justin Trudeau has repeatedly failed to address. Duterte threatened to send back 103 shipping containers full of household waste which were illegally shipped to his country by Canada Read More

Boeing abandons financial outlook, sees $1 billion in extra cost on 737 MAX

16 hours ago DieselGasoil Comments Off on Boeing abandons financial outlook, sees $1 billion in extra cost on 737 MAX
(Reuters) – Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months had cost it at least $1 billion so far. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes Read More

Pakistan’s Navy fires domestically-made cruise missile in ‘impressive fire power display’

16 hours ago DieselGasoil Comments Off on Pakistan’s Navy fires domestically-made cruise missile in ‘impressive fire power display’
Pakistan showed off its newest domestically-built anti-ship and land-attack cruise missile during a test in the Indian Ocean. The test is part of Islamabad’s ongoing efforts to acquire more “indigenous” weapons. The missile, launched from a fast attack craft in the northern Indian Ocean, successfully hit a target on the shore, the Pakistani Navy said. Read More

Boeing hives off 210 orders after Jet halts operations

17 hours ago DieselGasoil Comments Off on Boeing hives off 210 orders after Jet halts operations
FILE PHOTO: The Boeing logo is seen at their headquarters in Chicago, in this April 24, 2013 file photo. Boeing Co on April 27, 2016, reported a 9 percent drop in first-quarter profit, citing an after-tax charge from the KC-46 aerial refueling tanker it is developing for the U.S. Air Force. REUTERS/Jim young (Reuters) – Read More

Saudis see no need for immediate action on oil market

18 hours ago DieselGasoil Comments Off on Saudis see no need for immediate action on oil market
By Anthony DiPaola, Matthew Martin and Yousef Gamal El-Din on 4/24/2019 DUBAI (Bloomberg) — Saudi Arabia’s energy minister said the world’s biggest oil exporter sees no need to take immediate action in the crude market, signaling a cautious response to the U.S. decision to tighten sanctions on Iran. The kingdom won’t significantly raise output in Read More

The United States exported a record volume of ethanol in 2018 for second consecutive year

19 hours ago DieselGasoil Comments Off on The United States exported a record volume of ethanol in 2018 for second consecutive year
April 24, 2019 The United States exported 112,000 barrels per day (b/d) of fuel ethanol in 2018, surpassing the record high of 91,000 b/d set in 2017. At the same time, U.S. imports of fuel ethanol decreased about 30% in 2018 to less than 4,000 b/d, which resulted in the United States exporting more fuel Read More

Doctor suspended for 6 weeks after calling for rape of women

19 hours ago DieselGasoil Comments Off on Doctor suspended for 6 weeks after calling for rape of women
An emergency department doctor in Australia has been suspended by the Medical board for six weeks after he repeatedly called online for women to be raped. Dr Christopher Kwan Chen Lee, 31, was suspended by the Tasmania Health Service after being found guilty of “professional misconduct” for making egregious and racist comments in a Singaporean Read More

Magnitude 6.1 quake hits India’s Assam region: USGS

1 day ago DieselGasoil Comments Off on Magnitude 6.1 quake hits India’s Assam region: USGS
(Reuters) – A strong earthquake of magnitude 6.1 struck northeast India’s Assam region on Wednesday, the U.S. Geological Survey said. The quake’s epicenter was located 70 miles (113 km) northwest of the town of Dibrugarh, at a shallow depth of 18.6 miles (30 km), the USGS said. Reporting by Sandra Maler in Washington, editing by Read More