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JPMorgan raises boss Dimon’s pay to a sweet $31 million, topping pre-crisis record

40 mins ago DieselGasoil Comments Off on JPMorgan raises boss Dimon’s pay to a sweet $31 million, topping pre-crisis record
Wall Street banking giant JPMorgan has awarded its chief executive Jamie Dimon $31 million in total compensation for his work in 2018. The pay exceeds his record compensation of $30 million in 2007 before the financial crisis. It’s a 5.1 percent increase from 2017 as the bank raked in a record profit last year. Dimon’s Read More

Stocks buoyed by trade hopes, set for best weekly winning streak in half a year

2 hours ago DieselGasoil Comments Off on Stocks buoyed by trade hopes, set for best weekly winning streak in half a year
LONDON (Reuters) – Global stocks rose to their highest in more than a month on Friday after a report suggested progress towards resolving the trade dispute between the United States and China. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage Read More

Consumer giants spurn risks to chase online subscribers

4 hours ago DieselGasoil Comments Off on Consumer giants spurn risks to chase online subscribers
LONDON (Reuters) – Major consumer companies including Unilever (ULVR.L), Procter & Gamble (PG.N) and Nestle (NESN.S) are chasing consumers who want food and household goods delivered automatically, even though this kind of business has not always worked. One of the possible personalised skincare regimens created by the Skinsei diagnostic, is seen in this undated handout Read More

Tesla to recall over 14,000 Model S cars in China amid industry-wide crackdown on exploding airbags

4 hours ago DieselGasoil Comments Off on Tesla to recall over 14,000 Model S cars in China amid industry-wide crackdown on exploding airbags
Tesla is recalling 14,213 Model S vehicles produced between 2014 and 2016 over defective airbags that could blow up and send shrapnel into the driver’s and front seat passenger’s faces, a Chinese watchdog has said. The measure is a part of an industry-wide recall of Takata airbags, whose safety woes have been plaguing the automotive Read More

Asia stocks rise broadly on U.S.-China trade relief

5 hours ago DieselGasoil Comments Off on Asia stocks rise broadly on U.S.-China trade relief
TOKYO (Reuters) – Asian stocks rose across the board on Friday as a report of progress in U.S.-China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentiment. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a Read More

Tesla to recall over 14,000 Model Ss in China amid industry-wide crackdown on exploding airbags

5 hours ago DieselGasoil Comments Off on Tesla to recall over 14,000 Model Ss in China amid industry-wide crackdown on exploding airbags
Tesla is recalling 14,213 Model S vehicles produced between 2014 and 2016 over defective airbags that could blow up and send shrapnel into the driver’s and front seat passenger’s faces, a Chinese watchdog has said. The measure is a part of an industry-wide recall of Takata airbags, whose safety woes have been plaguing the automotive Read More

Facebook blocks accounts linked to Russian state-owned Sputnik

5 hours ago DieselGasoil Comments Off on Facebook blocks accounts linked to Russian state-owned Sputnik
(Reuters) – Facebook Inc (FB.O) said on Thursday it had removed hundreds of Russia-initiated accounts, which it judged to be involved in coordinated inauthentic behavior on its platforms, including some linked to state-owned news agency Sputnik. FILE PHOTO: The logo of Facebook is pictured during the Viva Tech start-up and technology summit in Paris, France, Read More

Tesla to recall over 14,000 Model S in China amid industry-wide crackdown on exploding airbags

7 hours ago DieselGasoil Comments Off on Tesla to recall over 14,000 Model S in China amid industry-wide crackdown on exploding airbags
Tesla is recalling 14,213 Model S vehicles produced between 2014 and 2016 over defective airbags that could blow up and send shrapnel in the driver’s and front seat passenger’s faces, a Chinese watchdog has said. The measure is a part of an industry-wide recall of Takata airbags, whose safety woes, have been plaguing the automotive Read More

Asia stocks advance on U.S.-China trade relief

8 hours ago DieselGasoil Comments Off on Asia stocks advance on U.S.-China trade relief
TOKYO (Reuters) – Asian stocks advanced on Friday as a report of progress in U.S.-China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentiment. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage in Tokyo, Read More

Gloomy forecast for Davos: crises aplenty, but few world leaders

9 hours ago DieselGasoil Comments Off on Gloomy forecast for Davos: crises aplenty, but few world leaders
MILAN (Reuters) – An array of crises will keep several world leaders away from the annual World Economic Forum in Davos next week, which takes place against a backdrop of deepening gloom over the global economic and political outlook. World Economic Forum (WEF) President Borge Brende attends a news conference ahead of the Davos annual Read More