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U.S. sanctions cripple Iranian oil exports

2 hours ago DieselGasoil Comments Off on U.S. sanctions cripple Iranian oil exports
By Javier Blas on 9/18/2018 LONDON (Bloomberg) — Aggressive and undiplomatic, certainly, but also extremely effective. With nearly 50 days to go before new U.S. oil sanctions against Iran enter into force, President Trump has already managed to crush the country’s petroleum exports, dealing severe economic damage to Tehran. Iranian oil exports have plunged about Read More

Cigna deal gets antitrust nod, positive sign for CVS/Aetna

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(Reuters) – Health insurer Cigna Corp’s (CI.N) $52 billion acquisition of pharmacy benefits manager Express Scripts Holding Co has passed U.S. antitrust scrutiny, the companies said on Monday, allowing them to proceed with a combination they say will lead to lower costs by better coordinating pharmacy and Medical benefits. FILE PHOTO: David Cordani, president and Read More

MagneGas Successfully Completes Updated Independent Safety Testing

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MagneGas2® Test Results Reinforce Safety Claims TAMPA, Fla., Sept. 17, 2018 (GLOBE NEWSWIRE) — MagneGas Corporation (“MagneGas” or the “Company”) (NASDAQ: MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today that the Company has conducted a series of independent safety tests with multiple, independent third-party safety and engineering Read More

Australia watchdog files civil suit against ANZ over 2015 share issue

4 days ago DieselGasoil Comments Off on Australia watchdog files civil suit against ANZ over 2015 share issue
SYDNEY (Reuters) – Australia’s corporate watchdog sued Australia and New Zealand Banking Group Ltd (ANZ.AX) on Friday over a troubled A$2.5 billion ($1.8 billion) share placement, flexing its muscle amid criticism levied at regulators for being soft on finance firms. A pedestrian is reflected in the window of a branch of the Australia and New Read More

Blackbird Energy Inc. Announces Non-Brokered Private Placement of Flow-Through Common Shares for Gross Proceeds of $12.4 Million

4 days ago DieselGasoil Comments Off on Blackbird Energy Inc. Announces Non-Brokered Private Placement of Flow-Through Common Shares for Gross Proceeds of $12.4 Million
CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) — (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce a non-brokered private placement (the “Private Placement”) of 32.5 million common shares of the Company for aggregate gross proceeds of $12.4 million, of which: 20.0 million common shares will be issued on a “flow-through” Read More

Ex-Deerfield partners get prison in case over U.S. agency leaks

5 days ago DieselGasoil Comments Off on Ex-Deerfield partners get prison in case over U.S. agency leaks
NEW YORK (Reuters) – Two former partners of the hedge fund Deerfield Management were sentenced to three years in prison on Thursday after being convicted of taking part in what prosecutors have described as an insider trading scheme based on leaks from within a federal healthcare agency. FILE PHOTO: Rob Olan (C), employee of the Read More

GE is unloading yet another business

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GE changed our lives. Why was it kicked out of the Dow? General Electric’s crown jewel just got a bit smaller. GE Aviation, the bright spot in the embattled conglomerate, agreed on Thursday to unload a Baltimore-based business for $630 million in cash. The sale of Middle River Aircraft Systems, which makes thrust reversers that Read More

Blackbird Energy Inc. Announces Results From Its Independent Reserves Evaluation as at July 31, 2018 and Provides an Operational Update

5 days ago DieselGasoil Comments Off on Blackbird Energy Inc. Announces Results From Its Independent Reserves Evaluation as at July 31, 2018 and Provides an Operational Update
CALGARY, Alberta, Sept. 13, 2018 (GLOBE NEWSWIRE) — (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce results from its independent year-end reserves evaluation prepared by McDaniel & Associates Consultants Ltd. (“McDaniel”) as at an effective date of July 31, 2018 (the “McDaniel Report”) and provide a brief operational update. McDaniel Read More

Former 2008 financial crisis chiefs warn there's no way to prevent the next panic

5 days ago DieselGasoil Comments Off on Former 2008 financial crisis chiefs warn there's no way to prevent the next panic
Reliving the financial meltdown, ten years later Reforms have strengthened the financial system. Banks have bolstered their balance sheets. Regulators now examine financial institutions once a year to make sure they can weather a downturn. Yet a decade after the financial crisis, there’s no telling when the next calamity will strike, according to three regulators Read More