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Pemex's pipeline blast caused by rampant fuel theft, AMLO increases security, again

14 hours ago DieselGasoil Comments Off on Pemex's pipeline blast caused by rampant fuel theft, AMLO increases security, again
By Amy Stillman on 1/21/2019 MEXICO CITY (Bloomberg) — Mexico President Andres Manuel Lopez Obrador is doubling down on a controversial strategy to end fuel theft at Petroleos Mexicanos after a pipeline explosion caused by an illegal tap left at least 89 people dead and many injured. He joins a long line of presidents who Read More

SMBC urges jetmakers to erase production snags before raising output

14 hours ago DieselGasoil Comments Off on SMBC urges jetmakers to erase production snags before raising output
PARIS (Reuters) – The head of one of the world’s largest aircraft leasing companies has told leading planemakers to “get their house in order” and wipe out manufacturing delays before pushing already record production rates to even higher levels. FILE PHOTO: General view in a new A320 production line at the Airbus plant in Hamburg, Read More

France summons Italian ambassador to explain deputy PM’s ‘colonization’ remarks

17 hours ago DieselGasoil Comments Off on France summons Italian ambassador to explain deputy PM’s ‘colonization’ remarks
Eyebrow-raising remarks from Italy’s deputy prime minister, in which he blamed France for the migrant crisis, have reportedly earned the country’s ambassador to France a summons to explain the comments. On Sunday Luigi Di Maio, the deputy PM and leader of the anti-establishment Five Star Movement, launched a scathing attack on France, which he accused Read More

As outlook darkens, central banks think hard about their language

18 hours ago DieselGasoil Comments Off on As outlook darkens, central banks think hard about their language
DAVOS, Switzerland (Reuters) – As central banks stock up on policy ammunition in the face of a worsening global economic outlook, they are having to reassess one of their most delicate weapons – the ‘forward guidance’ they use to flag their intentions to the markets. A Swiss police officer observes the surrounding area from atop Read More

IMF fears trade war and weak Europe could trigger sharp global slowdown

18 hours ago DieselGasoil Comments Off on IMF fears trade war and weak Europe could trigger sharp global slowdown
DAVOS, Switzerland (Reuters) – The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020 due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy. In its second downgrade in three months, the global lender also cited Read More

WhatsApp enforces new restrictions to combat spread of fake news

18 hours ago DieselGasoil Comments Off on WhatsApp enforces new restrictions to combat spread of fake news
WhatsApp is limiting the number of times a message can be forwarded on in a bid to combat the spread of fake news. The messaging service rolled out the change in India last summer after rumours spread on social media led to several brutal murders and lynchings – and now, the restrictions are being imposed Read More

IMF cuts global growth outlook, cites trade war and weak Europe

20 hours ago DieselGasoil Comments Off on IMF cuts global growth outlook, cites trade war and weak Europe
DAVOS, Switzerland (Reuters) – The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy. Swiss special police officer keeps watch from a rooftop, ahead of inauguration Read More

Oil gloom turns to boom as China, Fed allay worst fears

1 day ago DieselGasoil Comments Off on Oil gloom turns to boom as China, Fed allay worst fears
By Carlos Caminada and Alex Nussbaum on 1/20/2019 Photo: Federal Reserve Bank of New York CALGARY and NEW YORK (Bloomberg) — Investors are the most optimistic on oil in two months as the worst fears that roiled markets at the end of the year start to dissipate. Hedge funds boosted their net wagers on rising Read More

Ghosn may have had questionable ethics, co-chair of external Nissan probe says

2 days ago DieselGasoil Comments Off on Ghosn may have had questionable ethics, co-chair of external Nissan probe says
TOKYO (Reuters) – The co-chair of a committee set up by Japanese automaker Nissan Motor Co (7201.T) to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn said he believed Ghosn may have had questionable ethical standards. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front Read More

'Syria's children are its future but it's they who have suffered most'

2 days ago DieselGasoil Comments Off on 'Syria's children are its future but it's they who have suffered most'
Hamish de Bretton-Gordon is a chemical weapons expert and formerly an officer in the British Army commanding the UK’s regiment to deal with chemical weapons defence regiment. Alongside Professor David Nott and Richard Benyon MP, he warns that leaving Syria’s fate in the hands of Vladimir Putin and Bashar al Assad threatens millions. Image: Hamish Read More