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Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts

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PARIS (Reuters) – In a world first, Facebook has agreed to hand over the identification data of French users suspected of hate speech on its platform to judges, France’s minister for digital affairs Cedric O said on Tuesday. O, whose father is South Korean, is one of French President Emmanuel Macron’s earliest followers, and has Read More

Crude treads water as market looks to G-20 for direction

2 hours ago DieselGasoil Comments Off on Crude treads water as market looks to G-20 for direction
New York — Crude futures finished Tuesday’s session mixed as the market treaded water ahead of the G-20 summit beginning later this week in Osaka, Japan. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now ICE August Brent settled up 19 cents at $65.05/b while NYMEX August WTI fell 7 Read More

Fed pushes back on aggressive U.S. rate cut views

2 hours ago DieselGasoil Comments Off on Fed pushes back on aggressive U.S. rate cut views
NEW YORK (Reuters) – Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central bank to deliver a significant U.S. interest rate cut of half a percentage point as soon as its next meeting. Chairman Jerome Powell defended the central bank’s independence from President Donald Trump and financial markets, Read More

Powell says Fed insulated from politics, wrestling with rate cuts

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NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” and that its policymakers are wrestling with whether to cut interest rates as President Donald Trump has demanded. FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a news conference following a two-day Federal Read More

Powell says Fed is wrestling with whether to cut rates, insulated from politics

5 hours ago DieselGasoil Comments Off on Powell says Fed is wrestling with whether to cut rates, insulated from politics
NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” as policymakers wrestle with whether to cut rates as President Donald Trump has demanded. FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a news conference following a two-day Federal Open Market Committee meeting Read More

PG&E bondholders propose bankruptcy exit plan worth up to $30 billion

5 hours ago DieselGasoil Comments Off on PG&E bondholders propose bankruptcy exit plan worth up to $30 billion
SAN FRANCISCO (Reuters) – A committee of bondholders of PG&E Corp’s utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help the California power provider emerge from Chapter 11 and pay off its liability from wildfires. FILE PHOTO: A PG&E truck carrying an American Flag drives past Read More

Trump threatens ‘obliteration’ if Iran attacks ‘anything American’

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By Tom Gillespie and David Mercer, news reporters Donald Trump has warned Iran that an attack on “anything American” will be met with “great and overwhelming force”, with parts of the country facing “obliteration”. The US leader issued the threat as he criticised “ignorant and insulting” remarks by Iran’s president, who had earlier mocked Mr Read More

Sudan crisis: Internet restored – but only for lawyer

6 hours ago DieselGasoil Comments Off on Sudan crisis: Internet restored – but only for lawyer
A lawyer in Sudan has told the BBC that the internet has been restored after a three-week shutdown – but only for him. Abdel-Adheem Hassan on Sunday won a lawsuit against telecoms operator Zain Sudan over the blackout ordered by Sudan’s military rulers. However, he says his victory is only benefitting him so far as Read More

Vestas and GE Renewable Energy settle multi-patent dispute

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News release fromVestas Wind Systems A/S & General Electric CompanyAarhus and Boston, 25 June 2019 Vestas Wind Systems A/S (Vestas) and General Electric Company (GE), acting through its Renewable Energy Business, have reached an amicable settlement of all disputes related to multiple patent infringement claims in the U.S., resulting in the discontinuation of the case Read More

Violence escalates at Honduras student protests amid molotov cocktails & police fire (VIDEOS)

11 hours ago DieselGasoil Comments Off on Violence escalates at Honduras student protests amid molotov cocktails & police fire (VIDEOS)
Honduran military police opened fire at protesters outside the national university, injuring five people. Authorities said live ammunition was used in response to molotov cocktails which injured officers. Protests demanding the resignation of the country’s president, Juan Orlando Hernandez, have intensified in recent weeks as momentum gathers against privatization and austerity measures targeting the health Read More