newszine

Tesla lagging behind competitors in European EV markets

2 days ago DieselGasoil Comments Off on Tesla lagging behind competitors in European EV markets
CEO Elon Musk and the Tesla team have succeeded in making their company the most widely used electric vehicle brand name, but this has not yet led to global EV (electric vehicle) sales dominance. Competitor BMW just issued a report conducted by global consulting firm IHS Markit and based on new vehicle registrations from Feb. 2018 to Feb. Read More

Plant protein startups vie to tap China’s hungry market

3 days ago DieselGasoil Comments Off on Plant protein startups vie to tap China’s hungry market
(This March 20 story fixes detail on launch of JUST product in paragraph 5) FILE PHOTO: Journalists taste test the plant-based hamburgers during a media tour of Impossible Foods labs and processing plant in Redwood City, California, U.S. October 6, 2016. REUTERS/Beck Diefenbach/File Photo By Vincent Chow HONG KONG (Reuters) – Start-ups specialising in alternative Read More

Penn Virginia and Denbury Mutually Agree to Terminate Merger Agreement

3 days ago DieselGasoil Comments Off on Penn Virginia and Denbury Mutually Agree to Terminate Merger Agreement
HOUSTON, March 21, 2019 (GLOBE NEWSWIRE) — Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ: PVAC) today announced it has mutually agreed with Denbury Resources Inc. (NYSE: DNR) (“Denbury”) to terminate their previously announced merger agreement. “After careful consideration, the Penn Virginia board of directors decided that it is in the best interests of Read More

The Fed is prodding Americans to buy more on credit

3 days ago DieselGasoil Comments Off on The Fed is prodding Americans to buy more on credit
WASHINGTON (Reuters) – The Federal Reserve’s decisive statement this week that interest rates are unlikely to rise this year sends a signal to U.S. households: keep buying stuff. FILE PHOTO: A sign advertises homes for sale in a new housing development in Dickinson, North Dakota January 21, 2016. REUTERS/Andrew Cullen The Fed tries to guide Read More

Volkswagen CEO Diess’ future in doubt over Nazi-era blunder

4 days ago DieselGasoil Comments Off on Volkswagen CEO Diess’ future in doubt over Nazi-era blunder
Independent investors have been raising questions about the future of Volkswagen’s (VW) chief executive Herbert Diess after he evoked a Nazi phrase in a management meeting last week. The CEO reportedly told the company’s managers that the high margins of VW Group’s Porsche brand gave it more freedom than its other marques, such as Audi. Read More

AMLO risks a fall as he tries to pull Pemex back from the brink

4 days ago DieselGasoil Comments Off on AMLO risks a fall as he tries to pull Pemex back from the brink
By Eric Martin and Justin Villamil on 3/21/2019 MEXICO CITY (Bloomberg) — Pemex is personal for Andres Manuel Lopez Obrador, who grew up in Mexico’s oil heartland at a time when the state company was a source of national pride. Now that he’s president, the leftist leader has made it a priority to pull Pemex Read More

Italy's Terna to spend record sums on grid for shift to renewables

4 days ago DieselGasoil Comments Off on Italy's Terna to spend record sums on grid for shift to renewables
FILE PHOTO: Terna high voltage pylons are seen in Montalto di Castro, central Italy, April 27, 2016. REUTERS/Max Rossi MILAN (Reuters) – Italy’s Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift toward the production of more renewable energy. In its Read More

Boeing, FAA officials called to testify in U.S. Senate on 737 MAX plane crashes

4 days ago DieselGasoil Comments Off on Boeing, FAA officials called to testify in U.S. Senate on 737 MAX plane crashes
ADDIS ABABA/JAKARTA/WASHINGTON (Reuters) – Boeing Co faced growing pressure in Washington on Wednesday as U.S. lawmakers called for executives to testify about two crashed 737 MAX jets while the world’s biggest planemaker worked on returning the grounded fleet to the skies. Ethiopian Red Cross workers carry a body bag with the remains of Ethiopian Airlines Read More

With 737 MAX grounded, airlines face daily scheduling challenges

4 days ago DieselGasoil Comments Off on With 737 MAX grounded, airlines face daily scheduling challenges
CHICAGO/MONTREAL (Reuters) – U.S. and Canadian airlines that fly the roughly 175-seat aircraft face a logistical challenge: which flights to cancel and which to cover with other planes following the global grounding of Boeing Co’s 737 MAX jets. FILE PHOTO: Southwest Airlines Co. Boeing 737 MAX 8 aircraft sit next to the maintenance area after Read More