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France, Germany step up pressure over Alstom-Siemens deal

1 day ago DieselGasoil Comments Off on France, Germany step up pressure over Alstom-Siemens deal
PARIS (Reuters) – France and Germany raised pressure on the European Union’s competition chief to approve the merger of Alstom and Siemens’ rail businesses, warning that thwarting the proposed European champion would be a strategic error. FILE PHOTO: A scale model of an AGV high speed train with the logo of Alstom is seen before Read More

Buckeye Partners, L.P. Announces Closing of Sale of Its Equity Interest In VTTI B.V.

4 days ago DieselGasoil Comments Off on Buckeye Partners, L.P. Announces Closing of Sale of Its Equity Interest In VTTI B.V.
HOUSTON, Jan. 18, 2019 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that it completed the sale of its equity interest in VTTI B.V. (“VTTI”) to Vitol Investment Partnership II Ltd and IFM Investors for cash proceeds of $975 million.  The proceeds from the sale will be used to pay down debt. Read More

Finding the bright side in a graying U.S. workforce

5 days ago DieselGasoil Comments Off on Finding the bright side in a graying U.S. workforce
CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) FILE PHOTO: People walk their dogs along the beach after sunset in Cardiff, California, January 27, 2016. REUTERS/Mike Blake/File Photo Economists call it the “old-age dependency ratio” – a rough measure of the balance between people who work and Read More

Snap shares hit by second CFO exit in a year

6 days ago DieselGasoil Comments Off on Snap shares hit by second CFO exit in a year
(Reuters) – Shares of Snap Inc fell 9 percent in early trading on Wednesday after Tim Stone became the second finance chief to leave the Snapchat operator in a year since a much-criticized redesign. Stone joined the owner of Snapchat last May after spending two decades with Amazon.com Inc, replacing Andrew Vollero, who was responsible Read More

Exclusive: ADM CEO says wrong time for 'monster' acquisitions

6 days ago DieselGasoil Comments Off on Exclusive: ADM CEO says wrong time for 'monster' acquisitions
CHICAGO (Reuters) – U.S. grain merchant Archer Daniels Midland Co (ADM) has looked at buying rivals including Bunge Ltd. and dozens of other companies but decided the time is not right for “monster” acquisitions, the company’s chief executive told Reuters. FILE PHOTO: Juan Luciano, Chairman, President and CEO of Archer Daniels Midland Company listens to Read More

Terra Nova to Exhibit at NAPE 2019 Summit in Houston, Texas

6 days ago DieselGasoil Comments Off on Terra Nova to Exhibit at NAPE 2019 Summit in Houston, Texas
TORONTO, Jan. 16, 2019 (GLOBE NEWSWIRE) — Terra Nova Resources Inc. (“TNR” or “the Company”) (CSE: TENO) is pleased to announce that it will participate in the 2019 North American Prospect Expo (NAPE) as an exhibitor in Houston, Texas between February 11 to 15, 2019. NAPE is the oil and gas industry’s marketplace for acquiring, Read More

Living the tech dream, thanks to a novel apprenticeship program

1 week ago DieselGasoil Comments Off on Living the tech dream, thanks to a novel apprenticeship program
NEW YORK (Reuters) – While growing up in Seattle, Enrique Rico’s mom cleaned the posh homes of Microsoft employees. When Rico tagged along on sick days from school, he dreamed of having the life of a technology worker. Enrique Rico, 26, a developer at Avvo, an online marketplace for legal services, is seen in Seattle, Read More

Delek US Holdings Announces the Formation of DK Trading & Supply

2 weeks ago DieselGasoil Comments Off on Delek US Holdings Announces the Formation of DK Trading & Supply
BRENTWOOD, Tenn., Jan. 11, 2019 (GLOBE NEWSWIRE) — Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced the formation of DK Trading & Supply, LLC (“DK Trading & Supply”), a wholly owned subsidiary of Delek US. This will consolidate commercial activities for crude oil, refined products and renewable purchases, sales and other commercial activity Read More

China retailers slash iPhone prices after Apple sales warning

2 weeks ago DieselGasoil Comments Off on China retailers slash iPhone prices after Apple sales warning
SHANGHAI (Reuters) – Several Chinese electronics retailers including Alibaba-backed Suning (002024.SZ) and JD.com (JD.O) have slashed iPhone prices this week, after Apple (AAPL.O) recently blamed poor sales of the smartphone in the country for a rare revenue warning. The discounting, as steep as $118 for the recently launched 64GB iPhone XR, is the latest sign Read More