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Indian forces seize weapons cache full of Chinese ammo in Kashmir – report

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Indian forces have retrieved a sizeable stockpile of weapons and ammunition – all bearing Chinese markings – in Kashmir, where there has been a recent spike in terrorist attacks involving frag grenades, local media report. Some 70 Chinese-made grenades have been seized by Indian security forces in the troubled state of Jammu and Kashmir since Read More

Nestle upbeat after U.S. and China boost first-quarter growth

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ZURICH (Reuters) – Nestle posted higher-than-expected sales growth in the first three months of the year after good momentum in the United States and China, putting it on track to meet its goal of more than 3 percent organic growth this year. FILE PHOTO: A Nestle logo is pictured on a coffee factory in Orbe, Read More

Nestle keeps upbeat tone as first quarter growth accelerates

1 day ago DieselGasoil Comments Off on Nestle keeps upbeat tone as first quarter growth accelerates
FILE PHOTO: A Nestle logo is pictured on a coffee factory in Orbe, Switzerland May 31, 2018. REUTERS/Denis Balibouse ZURICH (Reuters) – Food group Nestle confirmed it expected organic sales growth to exceed 3 percent this year after good momentum in the United States and China helped it post better-than-expected sales growth in the first Read More

PepsiCo results beat as new CEO’s ad push lifts sales

2 days ago DieselGasoil Comments Off on PepsiCo results beat as new CEO’s ad push lifts sales
(Reuters) – PepsiCo Inc’s quarterly sales and profit beat Wall Street estimates on Wednesday, as the beverage maker’s advertising and marketing push helped drive sales of its snacks, sparkling waters and low-sugar sodas globally. FILE PHOTO: Cases of Pepsi are shown for sale at a store in Carlsbad, California, U.S., April 22, 2017. REUTERS/Mike Blake/File Read More

North Korea: Satellite images suggest movement at nuclear site

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Satellite images appear to show movement at North Korea’s main nuclear site, which could be associated with the reprocessing of radioactive material into bomb fuel. A US think tank reported that satellite pictures from Yongbyon nuclear site from 12 April showed five specialised railcars near its Uranium Enrichment Facility and Radiochemistry Laboratory. The think tank, Read More

Trump opens Cuba up to property confiscation lawsuits, angering allies & foes alike

2 days ago DieselGasoil Comments Off on Trump opens Cuba up to property confiscation lawsuits, angering allies & foes alike
The Trump administration is set to permit lawsuits against Cuba over property confiscated in the revolution, in a bid to dismantle the ‘troika of tyranny’ resisting Washington’s total dominance in what it sees as its ‘backyard.’ Cubans who fled to the US under Fidel Castro’s government will be able to sue companies using their former Read More

Minnesota student sues China’s JD.com CEO Liu with allegation of rape

2 days ago DieselGasoil Comments Off on Minnesota student sues China’s JD.com CEO Liu with allegation of rape
(Reuters) – A University of Minnesota student who said she was raped last August by Richard Liu, the chief executive officer of China’s e-commerce retailer JD.com Inc, filed a civil lawsuit against him in a Minneapolis court on Tuesday, nearly four months after prosecutors declined to press criminal charges. FILE PHOTO: Richard Liu, founder and Read More

Unfriended: Facebook under fire from media ‘baying for blood’

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Several negative stories about Facebook are filling the news vacuum after the Notre Dame fire, as the social media behemoth finds itself in the crosshairs of media and Democrats still seeking a scapegoat for the 2016 election. In the early hours of Tuesday, NBC News published a special report about “secret documents” supposedly revealing Facebook Read More

DNV GL in UK extends contract for Dana Petroleum

2 days ago DieselGasoil Comments Off on DNV GL in UK extends contract for Dana Petroleum
4/16/2019 Photo: Angus Milne, head of department, UK verification and DNV GL project sponsor. London — DNV GL has secured a 3-year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf (UKCS). DNV GL has worked with Dana Petroleum since 2012 with the development of the Western Isles floating production storage Read More

Minnesota student sues JD.com’s CEO Liu, company over rape allegation

3 days ago DieselGasoil Comments Off on Minnesota student sues JD.com’s CEO Liu, company over rape allegation
FILE PHOTO: Richard Liu, founder and chief executive officer of e-commerce company JD.com, leaves the Great Hall of the People after the opening session of the National People’s Congress (NPC) in Beijing, China March 5, 2018. REUTERS/Stringer/File Photo (Reuters) – A University of Minnesota student who said she was raped last August by Richard Liu, Read More