newszine

Icahn steps up fight with Occidental over deal, wants board seats

29 mins ago DieselGasoil Comments Off on Icahn steps up fight with Occidental over deal, wants board seats
(Reuters) – Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes to win board seats. FILE PHOTO: Investor Carl Icahn responds to a question at a meeting to announce the findings of the Read More

To dodge trade war, Chinese exporters shift production to low-cost nations

1 hour ago DieselGasoil Comments Off on To dodge trade war, Chinese exporters shift production to low-cost nations
GUANGZHOU, China/YANGON (Reuters) – Pressured by a labor crunch and rising wages in China, Shu Ke’an, whose company supplies bulletproof vests, rifle bags and other tactical gear to the United States, first considered shifting some production to Southeast Asia a few years ago, but nothing came of it. Workers assemble products at a factory owned Read More

‘We’ll do what’s in our national interest’: Indian FM to Pompeo on buying S-400s from Russia

12 hours ago DieselGasoil Comments Off on ‘We’ll do what’s in our national interest’: Indian FM to Pompeo on buying S-400s from Russia
India’s foreign minister said New Delhi will have nothing but its own interests in mind, when following on the deal to purchase S-400 air defense missile systems from Moscow, the deal the US is strongly opposed to. Subrahmanyam Jaishankar made his comments while responding to a question about the S-400 at a presser with US Read More

Netanyahu boasts ‘100s of anti-Iran ops’ in Syria as Russia reminds to love thy neighbor’s security

1 day ago DieselGasoil Comments Off on Netanyahu boasts ‘100s of anti-Iran ops’ in Syria as Russia reminds to love thy neighbor’s security
Israeli Prime Minister Benjamin Netanyahu has bragged that the Jewish state has conducted hundreds of operations in Syria in the name of national security, prompting Russia urge him to respect other nations’ sovereignty as well. Netanyahu made it clear that Israel will stop at nothing to protect itself against any perceived threats, as he boasted Read More

Instant view: Powell – Fed is ‘insulated’ from short-term political pressure

1 day ago DieselGasoil Comments Off on Instant view: Powell – Fed is ‘insulated’ from short-term political pressure
(Reuters) – Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” as policymakers faced new calls by President Donald Trump to cut interest rates. FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a news conference following a two-day Federal Open Market Committee meeting in Washington, U.S., Read More

Goad, threaten, backtrack: Trump & Bolton’s Iran policy is confusing, dangerous & achieves NOTHING

1 day ago DieselGasoil Comments Off on Goad, threaten, backtrack: Trump & Bolton’s Iran policy is confusing, dangerous & achieves NOTHING
Washington’s fuzzy and high-drama “maximum pressure” approach to Iran has no realistic endgame – but is good for making the world a more unstable place for both America’s adversaries and allies. National Security Advisor John Bolton’s Tuesday claim that US diplomats are “surging” across the Middle East in search of a “path to peace” only Read More

Rain gives Canadian farmers relief for now from three-year drought

1 day ago DieselGasoil Comments Off on Rain gives Canadian farmers relief for now from three-year drought
WINNIPEG, Manitoba (Reuters) – With drought turning Chad Ross’s pastures brown, the Saskatchewan rancher sent 140 head of cattle to slaughter earlier than usual this spring, as the Canadian Prairies’ three-year drought made them too expensive to feed. FILE PHOTO: Canola farmer Sterling Hilton is checking his grain hauling trucks at his farm near Strathmore, Read More

Safety first: markets wary of world politics and policy and dash for bunkers

2 days ago DieselGasoil Comments Off on Safety first: markets wary of world politics and policy and dash for bunkers
LONDON (Reuters) – Gold, Switzerland’s franc, Japan’s yen, top-rated government bonds, and even bitcoin — investors have dashed for havens and alternative assets this week as anxiety grows about trade wars, U.S.-Iran tensions and negative interest rates. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Exclusive: Huawei’s U.S. research arm builds separate identity

2 days ago DieselGasoil Comments Off on Exclusive: Huawei’s U.S. research arm builds separate identity
(Reuters) – The U.S.-based research arm of China’s Huawei Technologies Co Ltd – Futurewei Technologies Inc – has moved to separate its operations from its corporate parent since the U.S government in May put Huawei on a trade blacklist, according to two people familiar with the matter. FILE PHOTO: A Huawei company logo at the Read More

Apple says it collects fee on less than 1% of Spotify users

2 days ago DieselGasoil Comments Off on Apple says it collects fee on less than 1% of Spotify users
(Reuters) – Music streaming service Spotify Technology SA pays Apple Inc a 15% fee on about 680,000 of its 100 million premium customers, Apple disclosed in a response to Spotify’s complaint with European antitrust regulators. FILE PHOTO: The Spotify logo hangs on the facade of the New York Stock Exchange with U.S. and a Swiss Read More