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Aviva’s UK insurance boss to step down, management review to begin

4 hours ago DieselGasoil Comments Off on Aviva’s UK insurance boss to step down, management review to begin
FILE PHOTO: A man walks past an AVIVA logo outside the company’s head office in the city of London March 5, 2009. British life insurer Aviva on Thursday said it was maintaining its dividend, soothing concerns the payout could be cut to conserve capital, and reported annual profits that broadly met forecasts. REUTERS/Stephen Hird LONDON Read More

Australian retail shareholder group says to vote against AMP pay proposals

5 hours ago DieselGasoil Comments Off on Australian retail shareholder group says to vote against AMP pay proposals
SYDNEY (Reuters) – Australia’s most prominent retail shareholder group said on Wednesday it will vote against AMP Ltd’s executive pay proposals for a second straight year, adding to pressure on the board of the country’s largest listed wealth manager. FILE PHOTO: The logo of AMP Ltd, Australia’s biggest retail wealth manager, adorns their head office Read More

Superior Energy Services Announces First Quarter 2019 Results

14 hours ago DieselGasoil Comments Off on Superior Energy Services Announces First Quarter 2019 Results
HOUSTON, April 23, 2019 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) today announced a net loss from continuing operations for the first quarter of 2019 of $47.7 million, or $0.31 per share, on revenue of $467.2 million.  This compares to a net loss from continuing operations of $750.2 million, or $4.85 per share, Read More

EU watchdogs give banks no leeway on Brexit-driven hub demands

21 hours ago DieselGasoil Comments Off on EU watchdogs give banks no leeway on Brexit-driven hub demands
LONDON/FRANKFURT (Reuters) – European Union regulators are refusing to cut British-based banks any slack over bulking up in the bloc in preparation for Brexit, despite an extension to the process which some have taken as an opportunity to drag their feet. FILE PHOTO: The financial district can be seen as a person runs in the Read More

Ahold says Stop & Shop strike will hurt 2019 margins

1 day ago DieselGasoil Comments Off on Ahold says Stop & Shop strike will hurt 2019 margins
FILE PHOTO: Striking workers gather outside a Stop & Shop store following a speech by former U.S. Vice President Joe Biden, a potential 2020 Democratic presidential candidate, in Boston, Massachusetts, U.S., April 18, 2019. REUTERS/Brian Snyder AMSTERDAM (Reuters) – Dutch supermarket group Ahold, warned on Monday that a strike at its Stop & Shop chain Read More

Financial market ‘pause party’ makes Fed rate cut less likely

3 days ago DieselGasoil Comments Off on Financial market ‘pause party’ makes Fed rate cut less likely
WASHINGTON/NEW YORK (Reuters) – Risk-taking has been the rage since the Federal Reserve quit hiking interest rates at the end of last year. U.S. stocks are back near record highs and investors are stockpiling the lowest-grade corporate bonds with only a smidgen of extra compensation for the added risk. Traders work on the floor at Read More

U.S. firms no longer ‘positive anchor’ for Beijing ties: AmCham in China

1 week ago DieselGasoil Comments Off on U.S. firms no longer ‘positive anchor’ for Beijing ties: AmCham in China
BEIJING (Reuters) – Frustrated U.S. businesses can no longer be counted on as a “positive anchor” in U.S.-China relations, a top U.S. business lobby said on Wednesday, arguing any deal to end trade tensions must address structural problems in China’s economic system. FILE PHOTO: Chinese staffers adjust U.S. and Chinese flags before the opening session Read More

Golar LNG Limited business update

1 week ago DieselGasoil Comments Off on Golar LNG Limited business update
Golar LNG Limited (“Golar” or “the Company”) announces today that, further to the announcement made on February 26 with regards to the BP Tortue project, Gimi MS Corporation (“Gimi MS”), a 70% owned subsidiary of Golar, has received a firm $700 million underwritten financing commitment for the FLNG Gimi. FLNG Gimi will service the 20-year Read More

6 of WikiLeaks’ biggest ever document dumps

1 week ago DieselGasoil Comments Off on 6 of WikiLeaks’ biggest ever document dumps
Despite facing constant skepticism from mainstream media and government officials, whistleblower website WikiLeaks has managed to maintain a record of 100 percent accuracy over its 12-year history — and has never lost a lawsuit. With much of the media now focusing on trivialities, like whether its recently arrested founder Julian Assange spent enough time washing Read More