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Mutual funds start to put their mouth where their money is

6 days ago DieselGasoil Comments Off on Mutual funds start to put their mouth where their money is
(Reuters) – Corporate America’s biggest shareholders have traditionally been content with sharing their views on a company’s strategy privately with management. FILE PHOTO: Logo of global bioPharmaceutical company Bristol-Myers Squibb is pictured at the headquarters in Le Passage, near Agen, France March 29, 2018. REUTERS/Regis Duvignau/File Photo But now some mutual funds are beginning to Read More

Boeing groundings put U.S.-China trade-linked jet order in limbo

6 days ago DieselGasoil Comments Off on Boeing groundings put U.S.-China trade-linked jet order in limbo
SEATTLE/PARIS/SHANGHAI (Reuters) – China’s move to ground Boeing Co’s 737 MAX jetliners following the deadly Ethiopian Airlines crash has cast a shadow over the American planemaker’s immediate hopes for a major jet order linked to a U.S.-China trade deal, industry sources said. FILE PHOTO: Boeing 737 MAX aircraft, including a 737 MAX 8 aircraft bearing Read More

Boeing groundings puts U.S.-China trade-linked jet order in limbo

6 days ago DieselGasoil Comments Off on Boeing groundings puts U.S.-China trade-linked jet order in limbo
SEATTLE/PARIS/SHANGHAI (Reuters) – China’s move to ground Boeing Co’s 737 MAX jetliners following the deadly Ethiopian Airlines crash has cast a shadow over the American planemaker’s immediate hopes for a major jet order linked to a U.S.-China trade deal, industry sources said. FILE PHOTO: Boeing 737 MAX aircraft, including a 737 MAX 8 aircraft bearing Read More

Norway wealth fund's watchdog turns spotlight on India shipbreaking

1 week ago DieselGasoil Comments Off on Norway wealth fund's watchdog turns spotlight on India shipbreaking
OSLO (Reuters) – The ethics watchdog for Norway’s $1-trillion wealth fund will focus this year on shipbreaking on India’s beaches, which endangers workers and pollutes the sea and sand, and will also look into pollution caused by Pharmaceutical companies. Workers dismantle a decommissioned ship at the Alang shipyard in the western Indian state of Gujarat, Read More

Alibaba invests $693 million for stake in Chinese courier STO Express

1 week ago DieselGasoil Comments Off on Alibaba invests $693 million for stake in Chinese courier STO Express
SHANGHAI (Reuters) – Alibaba Group Holding Ltd will take a 14 percent stake in STO Express Co Ltd through a $693 million deal, the e-commerce giant’s fourth significant investment in a Chinese courier company. The logo of Alibaba Group is seen inside DingTalk office, an offshoot of Alibaba Group Holding Ltd, in Hangzhou, Zhejiang province, Read More

GE says its reserves are enough, seeking premium increases

2 weeks ago DieselGasoil Comments Off on GE says its reserves are enough, seeking premium increases
NEW YORK (Reuters) – General Electric Co said on Thursday its current reserves for long-term care insurance policies were sufficient and it was looking to increase premiums to cover their rising cost. FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the company’s site of its energy branch in Belfort, France, February Read More

Tesla blames misprinted label for China customs hiccup

2 weeks ago DieselGasoil Comments Off on Tesla blames misprinted label for China customs hiccup
BENGALURU/SHANGHAI (Reuters) – Tesla Inc said on Tuesday that China’s customs authorities have accepted the electric carmaker’s plan to resolve problems with the clearance of its Model 3 sedans that centered around misprinting of labels. FILE PHOTO: A Tesla Model 3 car leaves a cargo vessel at a port in Shanghai, China February 22, 2019. Read More

Tesla hits customs roadblock in China over Model 3 imports: report

2 weeks ago DieselGasoil Comments Off on Tesla hits customs roadblock in China over Model 3 imports: report
SHANGHAI (Reuters) – China has suspended customs clearance for Tesla Inc’s Model 3 electric cars, citing various irregularities, including improper labeling of the vehicles, financial publication Caixin reported on Tuesday. FILE PHOTO: A Tesla Model 3 car leaves a cargo vessel at a port in Shanghai, China February 22, 2019. REUTERS/Stringer Tesla shares fell nearly Read More

NXT Energy Solutions Announces Sales Representative Agreement With Alberta Green Ventures

2 weeks ago DieselGasoil Comments Off on NXT Energy Solutions Announces Sales Representative Agreement With Alberta Green Ventures
CALGARY, Alberta, March 05, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) is pleased to announce that it has entered into a three year exclusive sales representative agreement (“Agreement”) with Alberta Green Ventures Limited Partnership (“AGV“), in nine jurisdictions in the Middle East and Latin America.  Read More

Ubben's socially conscious ValueAct Spring Fund bets on workplace wonk

3 weeks ago DieselGasoil Comments Off on Ubben's socially conscious ValueAct Spring Fund bets on workplace wonk
NEW YORK (Reuters) – Jeffrey Ubben’s ValueAct Spring Fund, which invests in companies aiming to address environmental and social problems, is making a bet on an academic-turned-hedge-fund-manager who picks stocks based on how effective companies are as employers. Jeffrey Ubben, Founder & CEO at ValueAct Capital, poses for a portrait before speaking on the Reuters Read More