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Fresh details emerge on Sri Lanka bomber who studied in UK

2 hours ago DieselGasoil Comments Off on Fresh details emerge on Sri Lanka bomber who studied in UK
Fresh details have emerged about Abdul Lathief Jameel Mohamed, a former UK student who is suspected of carrying out a Sri Lanka suicide bombing. Mohamed travelled to the UK on 1 January 2006 and returned to Sri Lanka on 29 September 2007, Sky sources have said. He made another trip to Britain in 2008. Image: Read More

Cyclone Kenneth batters Comoros and heads to Mozambique

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MORONI (Reuters) – Violent winds of up to 140 kph (87 mph) lashed the East African island nation of Comoros overnight, killing three people, authorities said on Thursday, as Cyclone Kenneth swept toward flood-battered Mozambique. Tropical Cyclone Kenneth approaches the coast of Mozambique in this April 25, 2019 handout satellite image. NASA/Handout via REUTERS In Read More

German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse

2 hours ago DieselGasoil Comments Off on German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse
FRANKFURT (Reuters) – German hopes of creating a national banking champion able to challenge global competitors were dashed on Thursday when Deutsche Bank and Commerzbank ended merger talks due to the risks of doing a deal, restructuring costs and capital demands. Germany’s two largest banks announced that nearly six weeks of high-level negotiations about a Read More

UK government launches leak inquiry over Huawei discussions: report

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LONDON (Reuters) – Britain’s government has launched a leak inquiry over the disclosure of confidential discussions about the role of China’s Huawei Technologies in 5G network supply chains, according to the PoliticsHome website. The National Security Council had decided to bar Huawei from all core parts of the country’s 5G network and restrict its access Read More

UK minister: Huawei leaks ‘unacceptable’, criminal investigation possible

3 hours ago DieselGasoil Comments Off on UK minister: Huawei leaks ‘unacceptable’, criminal investigation possible
LONDON (Reuters) – British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation over the “unacceptable” disclosure of confidential discussions on the role of China’s Huawei Technologies in 5G network supply chains. FILE PHOTO: A Huawei logo is pictured during the media day for the Shanghai auto show in Read More

Trump’s widening OPEC fight puts Saudi oil capacity in spotlight

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By Grant Smith on 4/25/2019 LONDON (Bloomberg) — The biggest threat to President Donald Trump’s hopes for low gasoline prices is his growing entanglement in the politics of OPEC nations. The White House plans to choke off oil exports from Iran without triggering a spike in prices largely by getting Saudi Arabia, the only OPEC Read More

Jittery unease remains in Sri Lanka as manhunt continues

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By Greg Heffer, news reporter Sri Lanka locked down its central bank and a road leading to the airport in its largest city, where businesses were advising staff to remain indoors because of a possible security threat. A sense of jittery unease in the country remained four days after 359 people, including eight Britons, were Read More

German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks

6 hours ago DieselGasoil Comments Off on German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks
FRANKFURT (Reuters) – Deutsche Bank and Commerzbank said their merger talks had ended, with execution risks, restructuring costs and capital requirements dashing German attempts to create a mega-bank. FILE PHOTO: Outside view of Deutsche Bank and Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski/File Photo After nearly six weeks of talks, Germany’s two Read More

Pregnant wife of Sri Lanka bombings mastermind blew herself up with 3 kids – report

10 hours ago DieselGasoil Comments Off on Pregnant wife of Sri Lanka bombings mastermind blew herself up with 3 kids – report
The pregnant wife of one of the accomplices in the spate of brutal bombings in Sri Lankan hotels and churches reportedly blew herself up as police arrived at her home. The explosion killed her as well as her three children. Nine bombers, eight of which have already been identified, are believed to be at the Read More

Britain to allow Huawei restricted access to 5G network

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GLASGOW, Scotland (Reuters) – Britain will allow Huawei Technologies a restricted role in building parts of its 5G network, seeking a middle way in a bitter dispute between the United States and China over the next generation of communications technology. Huawei, the world’s biggest producer of telecoms equipment, is under intense scrutiny after the United Read More