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China sovereign fund CIC says cautious of U.S. investment amid trade war

2 days ago DieselGasoil Comments Off on China sovereign fund CIC says cautious of U.S. investment amid trade war
BEIJING (Reuters) – China Investment Corp (CIC) on Friday said the Sino-U.S. trade war has made it more cautious about investing in the United States, after the Chinese sovereign wealth fund posted a dive in yearly profit. China and the United States are enmeshed in a tit-for-tat trade war that has led to escalating import Read More

Kvaerner invests to increase productivity and competitiveness

3 days ago DieselGasoil Comments Off on Kvaerner invests to increase productivity and competitiveness
Kvaerner is taking new steps to increase competitiveness and position the company for future growth. At the Group’s advanced facilities at Stord, the capacity in the yard area, storage area and offices is expanded. In addition, Kvaerner establishes its own inhouse capacity to supply insulation boxes, which often makes up a significant part of offshore Read More

Toyota invests $391 million at its Texas truck assembly plant

4 days ago DieselGasoil Comments Off on Toyota invests $391 million at its Texas truck assembly plant
FILE PHOTO: The logo of Toyota is seen on a car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny/File Photo (Reuters) – Toyota Motor Corp (7203.T) said on Tuesday it was investing $391 million at its truck assembly plant in San Antonio, Texas, as part of the Japanese automaker’s Read More

AT&T Surges as Elliot Management Invests Big

2 weeks ago DieselGasoil Comments Off on AT&T Surges as Elliot Management Invests Big
Leading the market headlines to kick off a new week is a letter from activist investment firm Elliott Management to 160 AT amp T 160 T in which the firm owns 1 2 of the telecom giant s market cap or 3 2 billion Though details are fuzzy Elliott is Read More

Ford makes big electric push in Europe with new launches

2 weeks ago DieselGasoil Comments Off on Ford makes big electric push in Europe with new launches
(Reuters) – Ford Motor Co said on Tuesday it would launch eight electric vehicles in Europe this year, a key step in its target of achieving a majority of its overall sales from electric cars by the end of 2022. FILE PHOTO: The Ford logo is seen at the Ford oldest Brazil plant in Sao Read More

Elliott Management calls for AT&T shake-up as Trump piles on

2 weeks ago DieselGasoil Comments Off on Elliott Management calls for AT&T shake-up as Trump piles on
(Reuters) – Activist investor Elliott Management Corp on Monday unveiled a $3.2 billion stake in AT&T Inc (T.N) and urged the sprawling U.S. telecommunications and media conglomerate to end its acquisition spree and focus on improving its business. The move makes AT&T, which has a market capitalization of $270 billion, one of the three largest Read More

EU gas industry warns curbs on lending may harm climate goals

2 weeks ago DieselGasoil Comments Off on EU gas industry warns curbs on lending may harm climate goals
FILE PHOTO: Philippe Sauquet, president of Total’s gas and power division, participates in a panel on natural gas during the CERAWeek energy conference in Houston March 6, 2013. REUTERS/Richard Carson/File Photo BRUSSELS (Reuters) – Europe’s gas industry lobby warned on Monday that curbs on lending by the European Investment Bank (EIB) and others could slow Read More

Slack loss forecast bigger than expected, shares plunge

2 weeks ago DieselGasoil Comments Off on Slack loss forecast bigger than expected, shares plunge
FILE PHOTO: The Slack Technologies Inc. logo is seen on a banner outside the New York Stock Exchange (NYSE) during thew company’s IPO in New York, U.S. June 20, 2019. REUTERS/Brendan McDermid (Reuters) – Slack Technologies Inc (WORK.N) forecast a bigger-than-expected loss for the third quarter on Wednesday, as the workplace messaging and communication platform Read More

Alberta coal mine reclamation project to provide green energy source

3 weeks ago DieselGasoil Comments Off on Alberta coal mine reclamation project to provide green energy source
Edmonton, Alberta, Canada, Sept. 03, 2019 (GLOBE NEWSWIRE) — Alberta Innovates is joining federal, provincial, municipal and industry partners in contributing to a unique clean technology demonstration project to reclaim land at an Alberta coal mine. Municipal organic waste from Edmonton will be used to replenish soil at the mine site to grow a willow Read More