newszine

Kraft Heinz’s new CEO looks beyond cost-cutting, big M&A

3 days ago DieselGasoil Comments Off on Kraft Heinz’s new CEO looks beyond cost-cutting, big M&A
CHICAGO (Reuters) – Kraft Heinz Co’s incoming chief executive, Miguel Patricio, is indicating a change in strategy for the packaged food company that could move it away from the aggressive cost-focused culture that has been in place since the company was created in 2015. FILE PHOTO: Commemorative items for sale are on display at the Read More

Fat chance: Trump sees Netanyahu win as a boon to Middle East peace

2 weeks ago DieselGasoil Comments Off on Fat chance: Trump sees Netanyahu win as a boon to Middle East peace
Just days after the Israeli Prime Minister vowed to annex new areas of the West Bank with American help, US President Donald Trump assured reporters that the PM’s electoral victory is a step towards peace. You heard that right. Benjamin “I Want To Annex Your Land” Netanyahu, after four terms in office, will suddenly turn Read More

U.S. job openings hit 11-month low; quits rate stagnates

2 weeks ago DieselGasoil Comments Off on U.S. job openings hit 11-month low; quits rate stagnates
WASHINGTON (Reuters) – U.S. job openings dropped to an 11-month low in February and hiring decreased, which could partially explain a sharp slowdown in job growth during that month. FILE PHOTO: A “Help Wanted” sign sits in the window of a shop in Harvard Square in Cambridge, Massachusetts, U.S., February 11, 2019. REUTERS/Brian Snyder/File Photo Read More

Sony stock surges after Reuters reports Third Point re-building stake

2 weeks ago DieselGasoil Comments Off on Sony stock surges after Reuters reports Third Point re-building stake
TOKYO (Reuters) – Sony Corp shares surged more than 9 percent on Tuesday after a Reuters report saying Third Point LLC was again raising its stake in the Japanese conglomerate stoked speculation that fund owner Daniel Loeb was preparing to agitate for more change. Third Point, which has about $14.5 billion in assets under management, Read More

Sony shares surge after Reuters reports Third Point building stake again

2 weeks ago DieselGasoil Comments Off on Sony shares surge after Reuters reports Third Point building stake again
FILE PHOTO: A shopper looks at Sony Corp’s Bravia television monitors at an electronics store in Tokyo June 20, 2013. REUTERS/Issei Kato TOKYO (Reuters) – Sony Corp shares surged more than 7 percent in early trade on Tuesday after Reuters reported that Daniel Loeb’s hedge fund, Third Point LLC, was again building a stake in Read More

German lawmakers ready to block public cash for Deutsche-Commerzbank

3 weeks ago DieselGasoil Comments Off on German lawmakers ready to block public cash for Deutsche-Commerzbank
BERLIN (Reuters) – Lawmakers are warning Germany’s finance minister that they will block any attempt to invest public money into a merged Deutsche Bank and Commerzbank, a deal which could require up to 10 billion euros ($11.2 billion) of fresh capital. FILE PHOTO: A sign for an ATM of Commerzbank is seen next to the Read More

Shell working to become world’s top electricity producer

4 weeks ago DieselGasoil Comments Off on Shell working to become world’s top electricity producer
By Kelly Gilblom on 3/29/2019 LONDON (Bloomberg) — Royal Dutch Shell could ramp up acquisitions of electricity producers to achieve its target of becoming the world’s biggest power company by the 2030s, according to analysis by Sanford C. Bernstein Ltd. To become the biggest low-carbon electricity provider, the company must produce 214 terawatt-hours of clean Read More

World’s longest salt cave discovered at spot where Lot’s wife was transformed (PHOTOS)

4 weeks ago DieselGasoil Comments Off on World’s longest salt cave discovered at spot where Lot’s wife was transformed (PHOTOS)
In a satisfying nod to the Bible, the world record for longest salt cave has been claimed by an enormous underground system near Mount Sodom on the Dead Sea, where Lot’s wife was transformed in the Old Testament. The record has gone to Malham Cave following a recent survey by some 80 volunteers from nine Read More

As China pushes traditional medicine globally, illegal wildlife trade flourishes

4 weeks ago DieselGasoil Comments Off on As China pushes traditional medicine globally, illegal wildlife trade flourishes
HONG KONG (Reuters) – Chinese traditional medicine is rapidly expanding worldwide as a key pillar of the country’s Belt and Road initiative, but conservation groups say demand for treatments using animal products is driving a surge in illegal trafficking of wildlife. Workers weigh herbs behind a bust portraying Chinese herbalist Li Shizhen of the Ming Read More

Explainer – Boeing 737 MAX: What to expect at Capitol Hill, Boeing meetings

1 month ago DieselGasoil Comments Off on Explainer – Boeing 737 MAX: What to expect at Capitol Hill, Boeing meetings
DETROIT (Reuters) – Wednesday will be a pivotal day for aircraft maker Boeing Co and the federal aviation safety regulators as they try to rebuild trust following two deadly crashes of Boeing 737 MAX airliners. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Read More