newszine

‘All countries welcome to join, but don’t obstruct’ – China’s top diplomat on Belt and Road project

3 days ago DieselGasoil Comments Off on ‘All countries welcome to join, but don’t obstruct’ – China’s top diplomat on Belt and Road project
Beijing has rejected “debt trap” criticisms of its massive Belt and Road Initiative (BRI), calling for skeptics not to impede other countries from participating in the global trade infrastructure project. While 126 countries and 29 international organizations have signed cooperation agreements with China on the initiative, it is open to other players, Chinese Foreign Minister Read More

Collapsed hedge fund Columna sues Permira-backed former managers

5 days ago DieselGasoil Comments Off on Collapsed hedge fund Columna sues Permira-backed former managers
LONDON (Reuters) – The new managers of Columna Commodities Fund, a Luxembourg hedge fund which went into liquidation in early 2017, have said they are suing its former managers Alter Domus for $56 million in lost assets and fees. Columna, launched in 2013, was a top-performing fund in a stable known as LFP I SICAV, Read More

All roads lead to China: 17 Arab countries join Beijing’s new Silk Road

5 days ago DieselGasoil Comments Off on All roads lead to China: 17 Arab countries join Beijing’s new Silk Road
Beijing has inked cooperation deals on its multi-trillion-dollar Belt and Road Initiative (BRI) with 17 Arab countries, state-run Xinhua News Agency reported, citing the results of a joint Sino-Arab forum. The second China-Arab Forum on Reform and Development, which was held in Shanghai on Tuesday, attracted more than a hundred businessmen, politicians, and academics from Read More

Seaway 7 selected as partner to develop Hollandse Kust Zuid Offshore Wind Farm

5 days ago DieselGasoil Comments Off on Seaway 7 selected as partner to develop Hollandse Kust Zuid Offshore Wind Farm
Luxembourg – 18 April 2019 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN LU0075646355) today announced Seaway 7 has been selected by Vattenfall as one of its partners for the Hollandse Kust Zuid (HKZ) 1 & 2 offshore wind farm project. Seaway 7’s envisaged scope of work includes the transport and installation of Read More

Subsea 7 S.A. 2019 Annual General Meeting and Extraordinary General Meeting

5 days ago DieselGasoil Comments Off on Subsea 7 S.A. 2019 Annual General Meeting and Extraordinary General Meeting
Luxembourg – 17 April 2019 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN LU0075646355, the Company) today announced that at the 2019 Annual General Meeting of shareholders (the “AGM”) on 17 April 2019, all resolutions were approved by the general meeting. In addition, at the Extraordinary General Meeting of shareholders (the “EGM”) which Read More

Subsea 7 S.A. announces an update to the terms of its $200 million share repurchase programme

5 days ago DieselGasoil Comments Off on Subsea 7 S.A. announces an update to the terms of its $200 million share repurchase programme
Luxembourg – 17 April 2019 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN LU0075646355, the Company) today announced that the terms of the Company’s $200 million share repurchase programme, previously announced on 28 February 2019, have been updated in accordance with the authority granted to the Board of Directors at the Extraordinary General Read More

Argentine Court Reverses Decision Against Tenaris’s CEO and Chairman

1 week ago DieselGasoil Comments Off on Argentine Court Reverses Decision Against Tenaris’s CEO and Chairman
LUXEMBOURG, April 15, 2019 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) has been informed that, earlier today, an Argentine court of appeals reviewing the preliminary decision (procesamiento) of November 27, 2018 issued by the first-instance judge investigating the Notebooks Case with respect to Paolo Rocca, Chairman and Read More

Milestone v risk to innovation: EU govts back controversial copyright regulation despite protests

1 week ago DieselGasoil Comments Off on Milestone v risk to innovation: EU govts back controversial copyright regulation despite protests
A majority of EU governments approved a much-criticized copyright directive, targeting platforms like Google and Facebook. The new rules were earlier slammed by Big Tech, rights groups, and ordinary users alike. The European Council backed the new directive on Monday. Among its sweeping changes is making large content platforms like Facebook, Google, YouTube, and Wikipedia Read More

After Cyclone Idai, thousands still cut off, many more in need: aid agencies

1 week ago DieselGasoil Comments Off on After Cyclone Idai, thousands still cut off, many more in need: aid agencies
JOHANNESBURG (Reuters) – One month after Cyclone Idai tore through southern Africa bringing devastating floods, aid agencies say the situation remains critical with some communities in worst-hit Mozambique only just being reached with aid. FILE PHOTO: Women wait to receive aid at a camp for the people displaced in the aftermath of Cyclone Idai in Read More

EU countries back copyright reform targeting Google, Facebook

1 week ago DieselGasoil Comments Off on EU countries back copyright reform targeting Google, Facebook
FILE PHOTO: A 3D plastic representation of the Facebook logo is seen in front of displayed cables in this illustration in Zenica, Bosnia and Herzegovina May 13, 2015. REUTERS/Dado Ruvic/File Photo BRUSSELS (Reuters) – The European Union’s bid to overhaul its two-decade old copyright rules cleared its final hurdle on Monday as EU governments backed Read More