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Carmakers lure ride-hailer, delivery drivers in Africa

46 mins ago DieselGasoil Comments Off on Carmakers lure ride-hailer, delivery drivers in Africa
NAIROBI (Reuters) – At Suzuki Motor Corp’s (7269.T) showroom in the Kenyan capital, hundreds of its Alto compact cars are waiting to be collected. FILE PHOTO: Suzuki cars branded with Uber stickers are seen in a showroom in Nairobi, Kenya, October 30, 2018. REUTERS/Baz Ratner Most of the customers are drivers for ride-hailing company Uber Read More

Strong U.S. economy boosts Walmart's third-quarter sales

1 hour ago DieselGasoil Comments Off on Strong U.S. economy boosts Walmart's third-quarter sales
NEW YORK (Reuters) – Walmart Inc (WMT.N) reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online. FILE PHOTO: A shopper is seen in the aisle of a Walmart store in Woodstock, Georgia, Read More

J.C. Penney same-store sales miss estimates by big margin

4 hours ago DieselGasoil Comments Off on J.C. Penney same-store sales miss estimates by big margin
FILE PHOTO: A J.C. Penney employee helps a customer with her purchase at the J.C. Penney department store in North Riverside, Illinois, U.S., November 17, 2017. REUTERS/Kamil Krzaczynski/File Photo (Reuters) – J.C. Penney Co Inc’s (JCP.N) quarterly comparable-store sales fell well short of analysts’ estimates on Thursday, as the department store chain was forced to Read More

Barnwell Industries, Inc. Provides Update on Its Oil and Gas Operations

6 hours ago DieselGasoil Comments Off on Barnwell Industries, Inc. Provides Update on Its Oil and Gas Operations
HONOLULU, Nov. 15, 2018 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) is pleased to provide an update on its recent accomplishments with respect to its oil and gas operations. Production volumes are presented as “Boe” (Barrel of oil equivalent at the rate of 5.8 thousand cubic feet of natural gas per barrel of Read More

How U.S. seniors on Medicare can bridge the gap in dental insurance

6 hours ago DieselGasoil Comments Off on How U.S. seniors on Medicare can bridge the gap in dental insurance
CHICAGO (Reuters) – During a recent visit to my dentist, we got talking about his frustrations with Medicare. “It’s amazing – they have managed to eliminate teeth from the human body.” FILE PHOTO: Toothbrushes are seen during an organic market in Lisbon, Portugal, November 5, 2016. REUTERS/Rafael Marchante/File Photo Here is what he meant: traditional Read More

CEO of Walmart's India venture resigns after sexual assault accusation: source

6 hours ago DieselGasoil Comments Off on CEO of Walmart's India venture resigns after sexual assault accusation: source
(Reuters) – The chief executive of Flipkart Group, Walmart Inc’s (WMT.N) Indian e-commerce business, resigned following an internal probe into accusations of “serious personal misconduct,” Walmart said Tuesday. FILE PHOTO – Binny Bansal, Group Chief Executive Officer of India’s largest e-commerce firm Flipkart, poses at the company’s headquarters in Bengaluru, India July 7, 2017. REUTERS/Abhishek Read More

Cisco beats as network gear demand rises, new bets pay off

6 hours ago DieselGasoil Comments Off on Cisco beats as network gear demand rises, new bets pay off
(Reuters) – Cisco Systems Inc beat analysts’ estimates for quarterly revenue and profit on Wednesday, as the network gear maker benefited from demand for its routers and switches and growth in its newer focus areas such as software. FILE PHOTO: A logo of Cisco is seen during the Mobile World Congress in Barcelona, Spain February Read More

Call of Duty 'swatting' death prankster pleads guilty

6 hours ago DieselGasoil Comments Off on Call of Duty 'swatting' death prankster pleads guilty
A California-based gamer faces up to 20 years in jail after admitting crimes including making a hoax call to US police that resulted in them shooting an innocent man dead. Tyler Barriss made the call after becoming involved in a dispute with other video gamers engaged in an online Call of Duty match. The 25-year-old Read More

Uber loses $1bn in three months as growth slows

8 hours ago DieselGasoil Comments Off on Uber loses $1bn in three months as growth slows
Uber has reported a quarterly loss of $1.07bn (£820m) as it pumped money into bikes, scooters and food deliveries. July to September’s losses were $177m (£136m) higher than the quarter from April to June – and come as the ride-hailing giant prepares for a keenly anticipated flotation next year. Revenue rose 5.4% over the third Read More