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Italy signs massive deal with China despite cautions from France and Germany

2 days ago DieselGasoil Comments Off on Italy signs massive deal with China despite cautions from France and Germany
Italy became the first G7 nation to sign up for Beijing’s multibillion-dollar Belt and Road Initiative. The deal was struck amid warnings from Rome’s EU partners against negotiating with China alone. The memorandum of understanding was signed during Chinese leader’s Xi Jinping three-day trip to Rome. The nations also struck additional deals, including in the Read More

Shortages of everything, and worries about relatives, for Mozambique flood survivors

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GUARA GUARA, Mozambique (Reuters) – At a camp near the city of Beira for people rescued from Mozambique’s catastrophic flooding, residents were dealing on Friday with worries about their future and shortages of pretty much everything – water, food and medicines. Locals watch as a helicopter lands in Guara Guara after Cyclone Idai outside Beira, Read More

U.S. Treasuries signal trouble, stocks fall after weak data

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NEW YORK (Reuters) – Stocks around the world fell and U.S. Treasuries yields sent out warning signs of a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March Read More

Cholera cases reported as hunger, disease stalk African cyclone survivors

2 days ago DieselGasoil Comments Off on Cholera cases reported as hunger, disease stalk African cyclone survivors
BEIRA, Mozambique (Reuters) – Cholera cases were reported on Friday in the Mozambican city of Beira, adding a risk of deadly illnesses for hundreds of thousands of people who are scrambling for shelter, food and water after catastrophic flooding in southern Africa. Locals look on after Cyclone Idai in Buzi district outside Beira, Mozambique, March Read More

UK economy dodges no-deal Brexit hit, for now

3 days ago DieselGasoil Comments Off on UK economy dodges no-deal Brexit hit, for now
LONDON (Reuters) – Britain’s economy has struggled beneath the weight of Brexit uncertainty for nearly three years, but many business leaders would probably be relieved just to have more of the same for the next few months. FILE PHOTO: People walk through the Canary Wharf financial district of London, Britain, December 7, 2018. REUTERS/Simon Dawson Read More

NBA star Shaquille O'Neal joins Papa John's board

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FILE PHOTO: Shaquille O’Neal laughs while telling a story during his announcement of his retirement from the National Basketball Association (NBA) at a news conference at his home in Windermere, Florida June 3, 2011. REUTERS/Scott Audette (Reuters) – Pizza chain Papa John’s, trying to bounce back from a series of high-profile PR blunders, on Friday Read More

ClearStream Announces Fourth Quarter and Annual 2018 Financial Results

3 days ago DieselGasoil Comments Off on ClearStream Announces Fourth Quarter and Annual 2018 Financial Results
CALGARY, Alberta, March 22, 2019 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) today announced its results for the three and twelve months ended December 31, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the “Non-IFRS measures” section of this release for a description of Read More

Washington targets Chinese firms in new round of North Korea-related sanctions

3 days ago DieselGasoil Comments Off on Washington targets Chinese firms in new round of North Korea-related sanctions
The US has slapped a fresh batch of sanctions on China over an alleged violation of the US embargo against North Korea. It happened less than a month after Trump hailed Beijing for being “very helpful” in dealing with DRPK. Two Chinese shipping companies –Dalian Haibo and Liaoning Danxing– were added to the US Treasury’s 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