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GM stops paying for health insurance for striking union workers; talks continue

2 hours ago DieselGasoil Comments Off on GM stops paying for health insurance for striking union workers; talks continue
BOWLING GREEN, Ky. (Reuters) – General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday. The UAW on Monday launched the first company-wide strike at GM in 12 years, saying negotiations toward a new national Read More

Toyota banks on Olympic halo for the humble bus to keep hydrogen dream alive

4 hours ago DieselGasoil Comments Off on Toyota banks on Olympic halo for the humble bus to keep hydrogen dream alive
TOKYO (Reuters) – Buses may not be the most glamorous mode of transport but at the 2020 Tokyo Olympic games, they will represent Toyota Motor Corp’s (7203.T) best bet for wider acceptance of hydrogen power – technology so far eclipsed by electric vehicles. FILE PHOTO: Toyota Motor Corp. displays the company’s fuel cell bus Sora Read More

Trump to bar California from setting vehicle emission rules: sources

6 hours ago DieselGasoil Comments Off on Trump to bar California from setting vehicle emission rules: sources
WASHINGTON (Reuters) – The Trump administration will announce as early as Wednesday it is revoking California’s authority to set its own greenhouse gas and vehicle fuel efficiency standards and barring all states from setting such rules, two auto industry officials said on Tuesday. FILE PHOTO: Reacquired Volkswagen and Audi diesel (gasoil) cars sit in a Read More

‘Tremendous concern’: Jordan’s King Abdullah says Israel annexing settlements would be ‘disaster’

8 hours ago DieselGasoil Comments Off on ‘Tremendous concern’: Jordan’s King Abdullah says Israel annexing settlements would be ‘disaster’
The King of Jordan has come out harshly against any Israeli plans to annex new territory in the West Bank, predicting a “disaster” for what remains of the peace process with the Palestinians, and for a two-state solution. Speaking at a press conference in Berlin on Tuesday following a meeting with German Chancellor Angela Merkel, Read More

Trump to bar California from setting vehicle emissions rules: sources

8 hours ago DieselGasoil Comments Off on Trump to bar California from setting vehicle emissions rules: sources
WASHINGTON (Reuters) – The Trump administration will announce as early as Wednesday it is revoking California’s authority to set its own vehicle greenhouse gas standards and blocking states from setting tailpipe emission rules — a move that will spark a furious legal challenge, two auto industry officials said on Tuesday. FILE PHOTO: Reacquired Volkswagen and Read More

Trump to bar California for setting vehicle emissions rules: sources

9 hours ago DieselGasoil Comments Off on Trump to bar California for setting vehicle emissions rules: sources
FILE PHOTO: Reacquired Volkswagen and Audi diesel (gasoil) cars sit in a desert graveyard near Victorville, California, U.S. March 28, 2018. REUTERS/Lucy Nicholson WASHINGTON (Reuters) – The Trump administration will announce as early as Wednesday it is revoking California’s authority to set its own vehicle greenhouse gas standards and declare that states are pre-empted from Read More

Maybe later: Trump rules out going to Pyongyang, hopes Kim would come to US instead

20 hours ago DieselGasoil Comments Off on Maybe later: Trump rules out going to Pyongyang, hopes Kim would come to US instead
Their relationship is “very good” but meeting with Kim Jong-un in North Korea would be premature, President Donald Trump said following reports that he received a low-key invitation from Pyongyang. Kim Jong-un spoke of his “willingness” to host Donald Trump in Pyongyang in a letter sent to the White House in late August, according to Read More

Middle East tension pushes Asian gasoil EFS to 42-week low, opens arbitrage window

20 hours ago DieselGasoil Comments Off on Middle East tension pushes Asian gasoil EFS to 42-week low, opens arbitrage window
Singapore — The front-month October gasoil Exchange of Futures for Swaps widened to its lowest level this year, opening the arbitrage window for Asian suppliers to divert surplus distillate cargoes to Europe, to plug a potential supply shortage amid geopolitical tensions in the Middle East. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

Currency provision won’t be in Japan-U.S. trade deal: Aso

24 hours ago DieselGasoil Comments Off on Currency provision won’t be in Japan-U.S. trade deal: Aso
FILE PHOTO: Japanese Finance Minster Taro Aso leaves the G-20 Finance Ministers and Central Bank Governors’ meeting at the IMF and World Bank’s 2019 Annual Spring Meetings, in Washington, April 12, 2019. REUTERS/James Lawler Duggan TOKYO (Reuters) – Japanese finance minister Taro Aso said on Tuesday that a currency provision won’t be included in a Read More