insurance

Wells Fargo receives final approval to settle $142 million lawsuit

2 days ago DieselGasoil Comments Off on Wells Fargo receives final approval to settle $142 million lawsuit
(Reuters) – Wells Fargo & Co said on Friday it received final approval from a district court in California to settle a $142 million class-action lawsuit, which compensates customers affected by a sales scandal related to phony bank accounts. A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Read More

Italy court rules it cannot hear Morgan Stanley derivatives case

2 days ago DieselGasoil Comments Off on Italy court rules it cannot hear Morgan Stanley derivatives case
ROME (Reuters) – An Italian administrative court has ruled that it cannot hear a case over derivatives brought against Morgan Stanley (MS.N) that included a request for 2.7 billion euros ($3.1 billion) in damages from the U.S. investment bank. The corporate logo of financial firm Morgan Stanley is pictured on the company’s world headquarters in Read More

OPEC producers, Russia can quickly boost crude output by 1.5 million b/d: IEA

3 days ago DieselGasoil Comments Off on OPEC producers, Russia can quickly boost crude output by 1.5 million b/d: IEA
Middle East OPEC producers and Russia can quickly boost crude production by around 1.5 million b/d to make up for Venezuela’s increasing output loss as well as the potential decline in Iranian oil output when US sanctions are implemented, a senior International Energy Agency official said Thursday. Keisuke Sadamori, IEA director for energy markets and Read More

In Puerto Rico, a new hurricane season threatens the elderly

4 days ago DieselGasoil Comments Off on In Puerto Rico, a new hurricane season threatens the elderly
ADJUNTAS, PUERTO RICO (Reuters) – At 84 years old and battling cancer, Israel Gonzalez Maldonado has lived without electricity for the nine months since Hurricanes Irma and Maria devastated Puerto Rico. An elderly woman prays at a chapel of the San Rafael nursing home in Arecibo, Puerto Rico February 14, 2018. Picture taken February 14, Read More

Inside the dismantling of GE

4 days ago DieselGasoil Comments Off on Inside the dismantling of GE
GE is slowly dismantling an empire. It was once a sprawling corporation that included NBC, Universal Studios, a giant appliance company and even one of America’s biggest banks. But now the iconic company founded by Thomas Edison is making itself smaller and smaller. And that shrinking has gained urgency in recent months as GE races Read More

U.S. Medicare expands offer to reverse late enrollment penalties

5 days ago DieselGasoil Comments Off on U.S. Medicare expands offer to reverse late enrollment penalties
(The writer is a Reuters columnist. The opinions expressed are his own.) By Mark Miller CHICAGO (Reuters) – Call it the Obamacare-Medicare penalty. You sign up for an Affordable Care Act (ACA) marketplace exchange Health policy sometime before you turn 65 – and then you mistakenly stay there past age 65, when by law you Read More

Blackbird Energy Inc. Provides Results From Independent Resource Evaluation, Including Best Estimate Development Pending Contingent Resources of 112.2 MMboe Representing a Before Tax Net Present Value of $587.3 Million

6 days ago DieselGasoil Comments Off on Blackbird Energy Inc. Provides Results From Independent Resource Evaluation, Including Best Estimate Development Pending Contingent Resources of 112.2 MMboe Representing a Before Tax Net Present Value of $587.3 Million
CALGARY, Alberta, June 12, 2018 (GLOBE NEWSWIRE) — (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce the results of an updated independent resource evaluation (“2018 Resource Evaluation”) by McDaniel & Associates Consultants Ltd.  (“McDaniel”) in respect of the Company’s Pipestone/Elmworth Montney lands. McDaniel prepared the evaluation in accordance with the standards Read More

China, Iran agree to strengthen strategic cooperation despite US pressure

7 days ago DieselGasoil Comments Off on China, Iran agree to strengthen strategic cooperation despite US pressure
China and Iran have agreed to strengthen strategic cooperation during Iranian President Hassan Rouhani’s visit to China, possibly paving the way for steady crude flows between the two countries. The meeting with China’s president Xi Jinping took place on Sunday on the sidelines of the Shanghai Cooperation Organization summit in the eastern coastal city of Read More

Cutting out the US dollar: Russia & China boost national currencies trade

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Moscow and Beijing have agreed to raise the share of ruble-yuan trade settlements, in a joint agreement signed by Russian President Vladimir Putin and Chinese leader Xi Jinping on Friday. The document envisages “further strengthening of the Russian-Chinese cooperation in the financial sector, promoting increase of the share of national currencies in trade payments, investments and Read More

Probe finds PG&E power lines sparked deadly 2017 California wildfires

1 week ago DieselGasoil Comments Off on Probe finds PG&E power lines sparked deadly 2017 California wildfires
LOS ANGELES (Reuters) – A dozen of the wind-driven blazes that swept northern California’s wine country last fall, killing 46 people in the deadliest firestorm in state history, were sparked by PG&E-owned power lines, state officials said on Friday. FILE PHOTO: An aerial photo of the devastation left behind from the North Bay wildfires north Read More