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Sports Direct delays results as House of Fraser deal backfires

7 hours ago DieselGasoil Comments Off on Sports Direct delays results as House of Fraser deal backfires
LONDON (Reuters) – British retailer Sports Direct (SPD.L) has delayed publishing its annual results, warning problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts could affect the financial guidance it gave in December. Shares in the company, controlled by Newcastle United soccer club owner Mike Ashley, dropped as much Read More

Erdogan hails Russian S-400 delivery, wants to ‘go much further’ and make weapons with Russia

12 hours ago DieselGasoil Comments Off on Erdogan hails Russian S-400 delivery, wants to ‘go much further’ and make weapons with Russia
Turkish President Recep Tayyip Erdogan has celebrated the arrival in Turkey of the Russian S-400 air defense system, despite the threat of US sanctions, and stated that he wishes to co-produce weapons with Russia in the future. Speaking in Ankara on Monday –on the third anniversary of a failed coup attempt against him– Erdogan promised Read More

Guggenheim defeats lawsuit claiming it siphoned annuity unit’s cash for LA Dodgers

14 hours ago DieselGasoil Comments Off on Guggenheim defeats lawsuit claiming it siphoned annuity unit’s cash for LA Dodgers
(Reuters) – Guggenheim Partners won the dismissal of a lawsuit claiming it defrauded investors in a risky annuity, and siphoned cash for purposes including to help its billionaire chief executive Mark Walter buy the Los Angeles Dodgers baseball team. In a decision on Friday, U.S. District Judge Holly Teeter in Kansas City, Kansas, rejected racketeering Read More

Trump sees slowing Chinese growth pressuring Beijing on trade

19 hours ago DieselGasoil Comments Off on Trump sees slowing Chinese growth pressuring Beijing on trade
WASHINGTON (Reuters) – U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S. tariffs were having “a major effect” and warned that Washington could pile on more pressure as bilateral trade talks sputtered along. U.S. President Donald Trump after arriving from a fund-raising event before departing for Washington Read More

Russia, Saudi Arabia in talks on new oil, gas, petchems, nuclear cooperation

21 hours ago DieselGasoil Comments Off on Russia, Saudi Arabia in talks on new oil, gas, petchems, nuclear cooperation
Moscow — Russian and Saudi Arabian companies are considering expanding existing energy cooperation to include new joint oil and gas, petchems and nuclear projects, Russian news agency RIA Novosti reported Monday, citing a protocol signed at the end of the last meeting of the intergovernmental commission in mid-June. Not registered? Receive daily email alerts, subscriber Read More

India & Russia will use their national currencies for defense deals to bypass US sanctions – report

1 day ago DieselGasoil Comments Off on India & Russia will use their national currencies for defense deals to bypass US sanctions – report
Russia and one of the biggest importers of its weapons, India, have decided to use their national currencies to transfer payments for massive defense deals in order to skirt possible US sanctions, according to Bloomberg. Moscow and New Delhi have been boosting their arms trade in recent months, with Russia selling submarines, ships, tanks and Read More

H/Cell Energy Announces $3 Million Equity Investment Commitment

1 day ago DieselGasoil Comments Off on H/Cell Energy Announces $3 Million Equity Investment Commitment
DALLAS, July 15, 2019 (GLOBE NEWSWIRE) — H/Cell Energy Corporation (OTCQB-HCCC) (“HCCC”), a company that designs and implements clean energy solutions featuring hydrogen and fuel cell technology, announced that it has entered into an equity purchase agreement with GHS Investments LLC (“GHS”) that will provide HCCC access to capital over a 24 month period. Under Read More

EU to cut flow of funds to Turkey as drilling spat heats up

2 days ago DieselGasoil Comments Off on EU to cut flow of funds to Turkey as drilling spat heats up
By Nikos Chrysoloras on 7/14/2019 BRUSSELS (Bloomberg) — The European Union is poised to freeze most high-level contacts with Turkey and cut the flow of funds to the country, while holding back for now on sanctions that could target Turkish companies involved in offshore drilling in the eastern Mediterranean. EU diplomats have agreed on the Read More

Russian S-400 benefits NATO, US should do what strategic partnership entails – Erdogan

2 days ago DieselGasoil Comments Off on Russian S-400 benefits NATO, US should do what strategic partnership entails – Erdogan
Turkey’s Recep Tayyip Erdogan said NATO “should be happy” that a member state was beefing up security, even with Russia’s S-400 air defense system. He also called on Donald Trump to waive sanctions and sell Turkey fighter jets. If Turkey “will become stronger in its security area, who will also be stronger? This will strengthen Read More