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Clinking glasses & swapping swords: Watch highlights from Kim’s summit with Putin (VIDEOS)

15 mins ago DieselGasoil Comments Off on Clinking glasses & swapping swords: Watch highlights from Kim’s summit with Putin (VIDEOS)
Kim Jong-un arrived in Russia on Wednesday for a short visit, traveling in his trademark train and with his famous running bodyguards in tow. From sword swaps to salty starts, here are some of the highlights so far of his trip. The short official visit got off to a traditional start with ‘karavai,’ a type Read More

French ship ‘illegally’ enters Chinese waters, gets warned off – MoD

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China had to deploy navy ships to escort off a French vessel which “illegally” entered the Taiwan Strait, the country’s defense ministry said. “China’s military sent navy ships in accordance with the law to identify the French ship and warn it to leave,” defense ministry spokesman Ren Guoqiang said. The official did not specify the Read More

Death toll in South Africa rains approaching 70, official says

3 hours ago DieselGasoil Comments Off on Death toll in South Africa rains approaching 70, official says
DURBAN/JOHANNESBURG (Reuters) – Almost 70 people have been killed in South Africa after torrential rains along the eastern coast, an official said on Thursday, and rescuers are still recovering bodies. A wreckage of a vehicle remains after a body was recovered from under the mud after heavy rains caused by flooding in Marianhill near Durban, Read More

Volkswagen plans electric vehicle plant with JAC in China: local government

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BEIJING (Reuters) – German automaker Volkswagen AG’s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.8 million) in a new electric car factory in eastern Hefei city, according to local authorities. FILE PHOTO: A man uses phone under a Volkswagen logo at the Shanghai Auto Show, in Shanghai, Read More

Deutsche Bank and Commerzbank merger talks are expected to fail: source

8 hours ago DieselGasoil Comments Off on Deutsche Bank and Commerzbank merger talks are expected to fail: source
FILE PHOTO: Outside view of Deutsche Bank and Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski/File Photo FRANKFURT (Reuters) – Merger talks between Germany’s top two lenders, Deutsche Bank and Commerzbank, are expected to end in failure, a person with knowledge of the matter said on Thursday. No final decision has been taken, 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

Facebook beats profit estimates, sets aside $3 billion for privacy penalty

18 hours ago DieselGasoil Comments Off on Facebook beats profit estimates, sets aside $3 billion for privacy penalty
(Reuters) – Facebook Inc on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer, and set aside $3 billion to cover a settlement with U.S. regulators, calming investors who had worried about the outcome of a months-long federal probe. Read More

Kim-Putin summit: What talks in Russia mean for US following Trump’s Hanoi fiasco

19 hours ago DieselGasoil Comments Off on Kim-Putin summit: What talks in Russia mean for US following Trump’s Hanoi fiasco
North Korean leader Kim Jong-un’s meeting with Russian President Vladimir Putin is shrouded in the veil of political uncertainty, but analysts believe it could be a roundabout way to reboot denuclearization talks with the US. The meeting is taking place in Vladivostok, 129 kilometers from the border Russia shares with North Korea. It is Russia’s Read More

Kim in Russia for 1st summit with Putin – 18 yrs after his father

19 hours ago DieselGasoil Comments Off on Kim in Russia for 1st summit with Putin – 18 yrs after his father
Much like his father 18 years ago, Kim Jong-un arrived in Russia by armored train on Wednesday to much fanfare — but while the trip has echoes of history, the circumstances are much different. The late Kim Jong-il’s trip to Moscow in 2001 came at a time when North Korea’s missile program had just begun Read More

Nasdaq hits record, S&P nears all-time high on upbeat earnings

23 hours ago DieselGasoil Comments Off on Nasdaq hits record, S&P nears all-time high on upbeat earnings
(Reuters) – The S&P 500 moved closer to its all-time high on Wednesday, while technology stocks nudged the Nasdaq to a record level, as investors took heart from a largely upbeat earnings season. FILE PHOTO: A trader speaks to a floor official on the floor at the New York Stock Exchange (NYSE) in New York, Read More