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Air China to buy 20 A350-900 wide-body aircraft from Airbus

4 days ago DieselGasoil Comments Off on Air China to buy 20 A350-900 wide-body aircraft from Airbus
The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau BEIJING/PARIS (Reuters) – Air China Ltd (601111.SS), China’s flagship carrier, will buy 20 A350-900 jets from Airbus SE (AIR.PA), both companies said, bolstering the European planemaker’s order book for wide-body jets against Boeing Co (BA.N) amid Sino-U.S. Read More

More earthquakes almost certain in Southern California

1 week ago DieselGasoil Comments Off on More earthquakes almost certain in Southern California
The risk of more earthquakes striking Southern California is “approaching certainty” according to seismologists, following a 7.1-magnitude tremor which rattled LA and caused fire and building damage near its rural epicentre. The most recent quake hit at 8.19pm local time on Friday, 11 miles from Ridgecrest in the Mojave Desert, which was the site of Read More

Powerful Southern California quake, second in two days, causes damage, injuries

1 week ago DieselGasoil Comments Off on Powerful Southern California quake, second in two days, causes damage, injuries
LOS ANGELES (Reuters) – A powerful magnitude 7.1 earthquake shook Southern California on Friday, causing some damage to buildings, fires and some injuries, with eight times more force than a foreshock that rattled the same area a day earlier, officials said. A house burns after an earthquake in Ridgecrest, California, U.S. July 5, 2019. Jessica Read More

Southern California struck by even more powerful quake, second in two days

1 week ago DieselGasoil Comments Off on Southern California struck by even more powerful quake, second in two days
LOS ANGELES (Reuters) – A powerful magnitude 7.1 earthquake shook Southern California on Friday, causing some damage to buildings, with 11 times more force than an apparent foreshock that rattled the same area a day earlier. A house burns after an earthquake in Ridgecrest, California, U.S. July 5, 2019. Jessica Weston/Daily Independent via REUTERS The Read More

Exclusive: U.S. panel okays SoftBank’s $2.25 billion investment in GM-linked self-driving firm

1 week ago DieselGasoil Comments Off on Exclusive: U.S. panel okays SoftBank’s $2.25 billion investment in GM-linked self-driving firm
FILE PHOTO: People walk near the logo of SoftBank Corp in Tokyo, Dec. 18, 2014. REUTERS/Toru Hanai/File Photo WASHINGTON (Reuters) – A U.S. national security panel on Friday approved a $2.25 billion investment by Japan’s Softbank in Cruise, a self-driving vehicle firm majority owned by GM, the unit told Reuters, signaling some leeway for investors Read More

Trump says China trade talks ‘back on track,’ new tariffs on hold

2 weeks ago DieselGasoil Comments Off on Trump says China trade talks ‘back on track,’ new tariffs on hold
OSAKA (Reuters) – The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing. China agreed to make unspecified new purchases of U.S. farm products and return to Read More

U.S.-China trade truce hopes rekindle risk appetite

3 weeks ago DieselGasoil Comments Off on U.S.-China trade truce hopes rekindle risk appetite
LONDON (Reuters) – World shares and the dollar were left clinging to gains on Thursday amid conflicting reports on whether the United States and China will agree a truce on trade at a meeting of their leaders this weekend. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, Read More

Futures edge higher on trade truce hopes

3 weeks ago DieselGasoil Comments Off on Futures edge higher on trade truce hopes
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 5, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – U.S. equity futures edged higher on Thursday following a report that the United States and China had agreed to a tentative truce in their trade dispute before a G20 Read More

Sino-U.S. trade truce hopes rekindle risk appetite

3 weeks ago DieselGasoil Comments Off on Sino-U.S. trade truce hopes rekindle risk appetite
LONDON (Reuters) – Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations’ leaders in Tokyo. FILE PHOTO: An attendent cleans the carpet next to U.S. and Chinese national flags before a Read More

Airbus demands chance to bid for IAG’s surprise Boeing 737 MAX order

4 weeks ago DieselGasoil Comments Off on Airbus demands chance to bid for IAG’s surprise Boeing 737 MAX order
PARIS (Reuters) – Airbus called on Thursday for a chance to compete for a blockbuster plane order by British Airways owner IAG, which stunned industry executives at this week’s Paris Airshow by ordering 200 of Boeing’s grounded 737 MAX. Airbus announced a new version of its best-selling A321 with close to 240 orders and commitments Read More