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Austria faces snap election after vice chancellor resignation

11 hours ago DieselGasoil Comments Off on Austria faces snap election after vice chancellor resignation
Austria’s Chancellor Sebastian Kurz has called for a snap election after the resignation of his vice chancellor over an alleged corruption scandal. Heinz-Christian Strache resigned on Saturday after footage of him seeming to offer lucrative German contracts to a potential Russian benefactor was published in newspapers this week. Mr Kurz said he could not reach Read More

Facebook forms Swiss fintech firm with payments focus

21 hours ago DieselGasoil Comments Off on Facebook forms Swiss fintech firm with payments focus
FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File Photo ZURICH (Reuters) – Facebook has set up a new financial technology company in Switzerland focusing on blockchain and payments as well as data analytics and investing, Geneva’s commercial register Read More

The Real Danger of Headline Risk: Your Own Reaction

1 day ago DieselGasoil Comments Off on The Real Danger of Headline Risk: Your Own Reaction
“Headline risk” is a well-known phenomenon in trading and investing. Investopedia defines it as “the possibility that a news story will adversely affect a stock’s price” or, as they point out, the stock market as a whole. I would add another danger: That headlines can prompt people into making trades Read More

Trump declares some auto imports pose national security threat

1 day ago DieselGasoil Comments Off on Trump declares some auto imports pose national security threat
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether to impose tariffs to allow for more time for trade talks with the European Union and Japan. The unprecedented designation of foreign Read More

Factbox: IMO 2020 – a major shake-up for oil and shipping

2 days ago DieselGasoil Comments Off on Factbox: IMO 2020 – a major shake-up for oil and shipping
(Reuters) – Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. United Nations shipping agency the International Maritime Organization (IMO) met in London this week for the only Marine Environment Protection Committee (MEPC) session this year and will fine Read More

Ford revs up to sell hybrids with appeal of speed and power

2 days ago DieselGasoil Comments Off on Ford revs up to sell hybrids with appeal of speed and power
DETROIT (Reuters) – Ford Motor Co is turning to the automotive marketer’s time-tested themes, speed and power, to sell a new generation of gasoline-electric hybrid vehicles to mass market customers. FILE PHOTO: A 2020 Ford Explorer Hybrid is hooked up to a boat trailer to demonstrate towing power in Dearborn, Michigan, U.S., May 15, 2019. Read More

Palladium boom gives South African miners only temporary reprieve

2 days ago DieselGasoil Comments Off on Palladium boom gives South African miners only temporary reprieve
LONDON (Reuters) – A surge in palladium prices has thrown struggling South African mining companies a lifeline. But it may not be enough. FILE PHOTO: Ingots of 99.97 percent pure palladium are stored at a plant owned by Krastsvetmet, one of the world’s biggest manufacturers of non-ferrous metals, in Krasnoyarsk, Russia April 9, 2019. REUTERS/Ilya Read More

Sundance Energy Australia Limited Reports First Quarter 2019 Financial and Operational Results

2 days ago DieselGasoil Comments Off on Sundance Energy Australia Limited Reports First Quarter 2019 Financial and Operational Results
DENVER, May 16, 2019 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, reported its first quarter 2019 financial and operations results today. First Quarter 2019 Financial Results Highlights First quarter Read More