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Done deal: Turkey says it ‘already bought’ Russian S-400 & US sanctions won’t change that

7 hours ago DieselGasoil Comments Off on Done deal: Turkey says it ‘already bought’ Russian S-400 & US sanctions won’t change that
Nothing the US does will make Turkey abandon its deal with Moscow to purchase S-400 air defense systems, Turkish Foreign Minister Mevlut Cavusoglu said, as Washington keeps threatening Ankara with sanctions. The purchase of the Russian-made weapons has long been a point of contention in relations between the two NATO allies. The US has repeatedly Read More

VivoPower International PLC Announces US Solar Portfolio Sale Update and Major Contract Wins in Australian Solar and Data Centers Resulting in Record Forward Order Book

10 hours ago DieselGasoil Comments Off on VivoPower International PLC Announces US Solar Portfolio Sale Update and Major Contract Wins in Australian Solar and Data Centers Resulting in Record Forward Order Book
LONDON, June 24, 2019 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”), an international solar and power services company, is pleased to provide an update on the status of its US solar portfolio sale. Since the last update, the sale process has progressed further with new international parties now engaged. In Read More

Water shortage could cut India’s food exports, minister warns

11 hours ago DieselGasoil Comments Off on Water shortage could cut India’s food exports, minister warns
NEW DELHI (Reuters) – A water shortage could cut food exports from India, which has emerged as a leading supplier of a number of food products to the world, the water resources minister warned on Monday. FILE PHOTO: A man walks through the dried-up Puzhal reservoir, on the outskirts in Chennai, India, June 20, 2019. Read More

Daimler slumps as diesel (gasoil) costs wipe out profit growth

12 hours ago DieselGasoil Comments Off on Daimler slumps as diesel (gasoil) costs wipe out profit growth
FRANKFURT (Reuters) – Daimler shares fell as much as 5% on Monday after the German automaker cut its profit forecast for the third time in 12 months, saying it was setting aside hundreds of millions of euros to cover a regulatory crackdown on diesel (gasoil) emissions. The Daimler logo is seen before the Daimler annual Read More

Lufthansa announces overhaul of budget carrier Eurowings

12 hours ago DieselGasoil Comments Off on Lufthansa announces overhaul of budget carrier Eurowings
BERLIN (Reuters) – Lufthansa on Monday announced a turnaround plan for Eurowings in which the budget carrier will focus on short-haul flights and seek a 15% cut in costs by 2022 in the hope of returning to profit. FILE PHOTO: The economy class section of an Airbus A340-300 of Eurowings, a low-cost airline and fully Read More

Lufthansa announces turnaround plan for budget unit Eurowings

14 hours ago DieselGasoil Comments Off on Lufthansa announces turnaround plan for budget unit Eurowings
FILE PHOTO: The economy class section of an Airbus A340-300 of Eurowings, a low-cost airline and fully owned subsidiary of German Lufthansa Group, is photographed as Eurowings opens a new route from Duesseldorf to New York, in Duesseldorf, Germany, April 27, 2018. REUTERS/Wolfgang Rattay BERLIN (Reuters) – German carrier Lufthansa announced a turnaround plan for Read More

U.S. arms makers see booming European demand as threats multiply

1 day ago DieselGasoil Comments Off on U.S. arms makers see booming European demand as threats multiply
PARIS (Reuters) – U.S. arms makers say European demand for fighter jets, missile defenses and other weapons is growing fast amid heightened concerns about Russia and Iran. A Lockheed Martin F-16 fighter of the Belgian Air Force performs at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 22, 2019. Read More

‘Not part of the deal’: Turks say US can’t exclude them from F-35 program

3 days ago DieselGasoil Comments Off on ‘Not part of the deal’: Turks say US can’t exclude them from F-35 program
The United States cannot force Turkey out of the F-35 fighter jet program without the consent of other parties, as this is prohibited by the program agreement, Turkey’s head of defense industries has warned. The F-35 arrangement between nine states, including the US and Turkey, does not allow a single party to remove another from Read More

ZTR Acquisition Corp. to Resume Trading on June 24th

4 days ago DieselGasoil Comments Off on ZTR Acquisition Corp. to Resume Trading on June 24th
VANCOUVER, British Columbia, June 20, 2019 (GLOBE NEWSWIRE) — ZTR Acquisition Corp. (formerly, Oyster Oil and Gas Ltd.) (the “Company”) announces that effective at the opening of markets on June 24, 2019, its listing will be transferred to the NEX board of the Exchange, and trading will resume under the ticker symbol “ZTR.H”. For further Read More

Martin Shkreli settles all litigation with his former company Retrophin

4 days ago DieselGasoil Comments Off on Martin Shkreli settles all litigation with his former company Retrophin
NEW YORK (Reuters) – Martin Shkreli, the pharmaceutical entrepreneur serving a seven-year prison term for fraud, has settled all outstanding disputes with Retrophin Inc, the biopharmaceutical company he founded in 2011 and which ousted him three years later. FILE PHOTO: Former drug company executive Martin Shkreli exits U.S. District Court after being convicted of securities Read More