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Gas guru who corrected CIA says U.S., Russia pick wrong fight

14 hours ago DieselGasoil Comments Off on Gas guru who corrected CIA says U.S., Russia pick wrong fight
By Jonathan Tirone on 2/18/2019 Nebojsa Nakicenovic. Photo: IIAC. VIENNA (Bloomberg) — The scientist who built the most prominent Cold War energy advisory said the U.S. and Russia should set aside their fight over natural gas markets and focus on slashing fossil fuel pollution more quickly. Nebojsa Nakicenovic helped set the stage for the global gas Read More

Australian political parties hit by 'state actor' hack, PM says

16 hours ago DieselGasoil Comments Off on Australian political parties hit by 'state actor' hack, PM says
Australian Prime Minister Scott Morrison says the country’s major political parties have been hit by a hack on their computer networks. The activity was carried out by a “sophisticated state actor”, Mr Morrison said. It was discovered following an investigation into a hacking attempt on Australia’s parliament two weeks ago. There was “no evidence of Read More

China surveillance firm tracking millions of Muslims leaves database exposed, researcher says

16 hours ago DieselGasoil Comments Off on China surveillance firm tracking millions of Muslims leaves database exposed, researcher says
A screen shows visitors being filmed by AI (Artificial Intelligence) security cameras with facial recognition technology at the 14th China International Exhibition on Public Safety and Security in Beijing. (Getty Images) A Chinese surveillance firm using facial recognition technology left one of its databases exposed online for months, according to a prominent security researcher. A massive database Read More

Amazon's New York project foundered on labor organizing, opposition to subsidies

16 hours ago DieselGasoil Comments Off on Amazon's New York project foundered on labor organizing, opposition to subsidies
Jeff Bezos and other top Amazon executives gathered in Seattle on Wednesday to decide whether to go ahead with its planned headquarters in New York City. Brian Huseman, vice president for public policy, was on the phone, and the news was not good. He had met with Andrea Stewart-Cousins, the majority leader in the restive Read More

Spain, struggling to rebury dictator Franco, hands ultimatum to his family

3 days ago DieselGasoil Comments Off on Spain, struggling to rebury dictator Franco, hands ultimatum to his family
Spain’s government has clashed with the family of the late fascist dictator, Francisco Franco, over the removal of his remains from a controversial civil war memorial in a move that still seems to be divisive for the Spaniards. The Spanish Cabinet has given the green light for the exhumation of Franco, who is now buried Read More

Analyst View: Investors divided over Mexico's bailout of state oil company

4 days ago DieselGasoil Comments Off on Analyst View: Investors divided over Mexico's bailout of state oil company
MEXICO CITY (Reuters) – The Mexican government promised on Friday to do what it takes to strengthen the finances of ailing state oil company Petroleos Mexicanos with an injection of at least $3.6 billion to prevent a further credit downgrade. FILE PHOTO: Clients get fuel at a gas station of state-owned company Petroleos Mexicanos (PEMEX), Read More

Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade

4 days ago DieselGasoil Comments Off on Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade
MEXICO CITY (Reuters) – Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix. FILE PHOTO: A digital LED price sign of state-owned company Petroleos Mexicanos (PEMEX) shows their Read More

Wall Street Week Ahead: Profit estimates may be adding in too much cost risk

4 days ago DieselGasoil Comments Off on Wall Street Week Ahead: Profit estimates may be adding in too much cost risk
NEW YORK (Reuters) – As Wall Street braces for the first quarterly decline in earnings in nearly three years, some investors are wondering if the market is factoring in a bigger erosion in profit margins than will actually come to pass. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) Read More

Mexico will do whatever it takes to prevent Pemex downgrade

4 days ago DieselGasoil Comments Off on Mexico will do whatever it takes to prevent Pemex downgrade
MEXICO CITY (Reuters) – Mexico will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes and refinancing debt, officials said on Friday, promising to do “whatever is takes” to strengthen its finances and prevent a further credit downgrade. FILE PHOTO: A gas station of state oil firm Petroleos Mexicanos (Pemex), which Read More