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Amazon vows to be carbon neutral by 2040, buying 100,000 electric vans

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WASHINGTON (Reuters) – Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday committed the company to being carbon neutral by 2040 and said part of that pledge is an order for 100,000 electric delivery vans from a start-up the online retailer has invested in. FILE PHOTO: The logo of Amazon is seen at the company Read More

FRO – Expiration of options to purchase additional Suezmax tankers

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Reference is made to the notice of 23 August 2019, whereby Frontline Ltd. (“Frontline”) (NYSE and OSE: FRO) announced an agreement with Trafigura Maritime Logistics (“TML”), a wholly-owned subsidiary of Trafigura Pte Ltd (“Trafigura”) and certain related entities, to acquire ten Suezmax tankers, with two separate options to acquire two plus two additional Suezmax tankers Read More

Garments for lease: ‘rental’ apparel brings new wrinkles for retail stores

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MADRID/NEW YORK (Reuters) – Lisa Batitto, 54, says she has virtually stopped buying clothes ever since she started renting them. FILE PHOTO: Lisa Batitto, demonstrates how she browses a clothing rental site at her home in Montclair, New Jersey, U.S., August 30, 2019. REUTERS/Shannon Stapleton The New Jersey-based museum publicist spends $277 a month on Read More

Amazon starts hiring own drivers in German last-mile delivery push

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MANNHEIM, Germany (Reuters) – Amazon has begun hiring its own drivers in Germany and plans to open 11 more distribution centers to expand its delivery business in its second biggest market, the firm’s German logistics chief said in an interview. An outside view of an Amazon logistics centre in Mannheim, Germany, September 17, 2019. REUTERS/Ralph Read More

Factbox: Britain’s insulin providers prepare for Brexit fallout

3 days ago DieselGasoil Comments Off on Factbox: Britain’s insulin providers prepare for Brexit fallout
FILE PHOTO: The logo of Sanofi is seen at the company’s research and production centre in Vitry-sur-Seine, France, August 6, 2019. REUTERS/Charles Platiau LONDON (Reuters) – With Britain sourcing the vast majority of the insulin needed by its 1 million diabetics from overseas, its biggest providers have had to restructure their supply chains in case Read More

With a backup to the backup, insulin makers say they’re primed for Brexit

3 days ago DieselGasoil Comments Off on With a backup to the backup, insulin makers say they’re primed for Brexit
LONDON (Reuters) – For two men trained as scientists, the bosses of Britain’s major insulin providers have had to become experts in ferry schedules, trucking laws and warehouse capacity as they seek to guarantee the supply of life-saving drugs through a chaotic Brexit. Georgina shows off her insulin medical supplies at her home in London, Read More

Par Pacific Holdings Reports Third Quarter 2019 Operational and Financial Updates

3 days ago DieselGasoil Comments Off on Par Pacific Holdings Reports Third Quarter 2019 Operational and Financial Updates
HOUSTON, Sept. 16, 2019 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced the completion of several projects at its Hawaii refining operations as well as the grant of small refinery exemptions for the 2018 compliance year. Hawaii Refining Operations UpdateAs previously announced, Par Pacific’s Hawaii refining operations had significant planned activity Read More

Saudi Sep crude loadings to Asia uninterrupted, future cuts likely: survey

4 days ago DieselGasoil Comments Off on Saudi Sep crude loadings to Asia uninterrupted, future cuts likely: survey
Singapore — Saudi Aramco’s customers across Asia continued to load September crude oil barrels from the kingdom’s facilities over the weekend and on Monday without hassle, they told S&P Global Platts. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now But customers are staying cautious amidst widespread expectation of cuts Read More

Dream Global REIT to be bought by Blackstone funds in $4.7 billion deal

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The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid (Reuters) – Dream Global Real Estate Investment Trust (DRG_u.TO) said funds managed by Blackstone Group Inc (BX.N) would buy the Canadian firm in Read More

Indian’s top trader body seeks ban on Amazon, Flipkart’s festive season sale

6 days ago DieselGasoil Comments Off on Indian’s top trader body seeks ban on Amazon, Flipkart’s festive season sale
MUMBAI (Reuters) – A leading Indian trader body asked the government on Friday to ban upcoming festive sales on Amazon’s local unit and its rival Flipkart, saying their deep discounts violate the country’s foreign investment rules for online retail. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, Read More