newszine

Anadarko changed CEO’s potential payout before Chevron deal

2 days ago DieselGasoil Comments Off on Anadarko changed CEO’s potential payout before Chevron deal
By Anders Melin and Rachel Adams-Heard on 4/23/2019 NEW YORK and HOUSTON (Bloomberg) — Anadarko Petroleum Corp. adjusted severance payments for senior executives the day before Chevron Corp.’s $33 billion buyout offer, setting up CEO Al Walker to collect millions of dollars of additional compensation if he leaves the company. The board also eliminated a Read More

Ahold says Stop & Shop strike will hurt 2019 margins

2 days ago DieselGasoil Comments Off on Ahold says Stop & Shop strike will hurt 2019 margins
FILE PHOTO: Striking workers gather outside a Stop & Shop store following a speech by former U.S. Vice President Joe Biden, a potential 2020 Democratic presidential candidate, in Boston, Massachusetts, U.S., April 18, 2019. REUTERS/Brian Snyder AMSTERDAM (Reuters) – Dutch supermarket group Ahold, warned on Monday that a strike at its Stop & Shop chain Read More

Foxconn’s Gou throws hat in ring for Taiwan presidency, with blessing of sea goddess

1 week ago DieselGasoil Comments Off on Foxconn’s Gou throws hat in ring for Taiwan presidency, with blessing of sea goddess
TAIPEI (Reuters) – Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan’s 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing. Gou, Taiwan’s richest person with a net worth of $7.6 billion according to Forbes, said he would join Read More

Foxconn’s Gou in bid for Taiwan presidency, with blessing of sea goddess

1 week ago DieselGasoil Comments Off on Foxconn’s Gou in bid for Taiwan presidency, with blessing of sea goddess
TAIPEI (Reuters) – Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan’s 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing. Gou, Taiwan’s richest person with a net worth of $7.6 billion according to Forbes, said he would join Read More

Harley-Davidson workers ratify new labor contract in Wisconsin

1 week ago DieselGasoil Comments Off on Harley-Davidson workers ratify new labor contract in Wisconsin
FILE PHOTO: A Harley-Davidson Inc. logo is seen at the Paris auto show in Paris, France, Oct. 4, 2018. REUTERS/Benoit Tessier/File Photo (Reuters) – Harley-Davidson Inc’s unionized workers in Milwaukee and Tomahawk, Wisconsin, on Monday ratified a new five-year labor agreement for a 14 percent wage increase over the life of the contract. The agreements Read More

Australian wealth manager IOOF hit with class-action lawsuit

2 weeks ago DieselGasoil Comments Off on Australian wealth manager IOOF hit with class-action lawsuit
SYDNEY (Reuters) – Australia’s embattled second-largest wealth manager, IOOF Holdings Ltd, was sued on Friday by shareholders who alleged the company engaged in deceptive conduct and breached sharemarket disclosure obligations. The class-action lawsuit is the ninth against a major financial firm since a public inquiry last year uncovered widespread misconduct in Australia’s financial system, including Read More

Exclusive: Foreign insurers gear up to tap China’s $1.6 trillion pensions business – sources

2 weeks ago DieselGasoil Comments Off on Exclusive: Foreign insurers gear up to tap China’s $1.6 trillion pensions business – sources
HONG KONG (Reuters) – Foreign insurers including Generali and Prudential Plc are in early talks with authorities to enter China’s private pensions sector, people with knowledge of the matter said, as Beijing opens up to overseas companies. The logo of British life insurer Prudential is seen on their building in London, Britain March 17, 2019. Read More

Airbus names ex Deutsche Telekom boss as next chairman

2 weeks ago DieselGasoil Comments Off on Airbus names ex Deutsche Telekom boss as next chairman
AMSTERDAM (Reuters) – Airbus nominated a new German chairman on Wednesday as Frenchman Guillaume Faury prepared to become its chief executive, signaling that the Franco-German balance at its helm will extend through a sweeping management overhaul. FILE PHOTO: Deutsche Telekom CEO Rene Obermann attends a news conference to present a joint initiative for encrypted email Read More

Saudi Aramco makes unprecedented debut with $12 billion sale of bonds

2 weeks ago DieselGasoil Comments Off on Saudi Aramco makes unprecedented debut with $12 billion sale of bonds
By Molly Smith, Brian Smith, Archana Narayanan and Javier Blas on 4/9/2019 Tanajib Oil Field. Photo Saudi Aramco. NEW YORK, DUBAI and LONDON (Bloomberg) — Saudi Arabia’s first giant step onto the global financial stage proved ambitious as it’s state-run oil company issued $12 billion of bonds in one of the most oversubscribed debt offerings in Read More

More than 100 dismissed in Airbus compliance crackdown: sources

2 weeks ago DieselGasoil Comments Off on More than 100 dismissed in Airbus compliance crackdown: sources
PARIS (Reuters) – Airbus dismissed more than 100 people and issued more than 300 warnings for ethics or compliance reasons in 2018, two people familiar with the company data said, as it conducts a wide-ranging internal crackdown and deals with outside fraud probes. FILE PHOTO: Airbus Chief Executive Tom Enders poses with a A220-300 Airbus Read More