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PG&E shares, debt recover as regulator eases bankruptcy fears

23 hours ago DieselGasoil Comments Off on PG&E shares, debt recover as regulator eases bankruptcy fears
(Reuters) – Shares of embattled utility PG&E Corp (PCG.N) jumped 40 percent on Friday as fears it could be bankrupted by the fallout of California’s deadly wildfires were eased by signs of support for the company from one regulator. Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Read More

Europe has economic woes of its own beyond Brexit

1 day ago DieselGasoil Comments Off on Europe has economic woes of its own beyond Brexit
Business and City folk who spend much time travelling, when asked about how the rest of Europe looks at the Brexit issue, report two key trends. The first, understandably enough, is that Europeans cannot stop laughing at the ineptitude of Britain’s political class or shaking their heads in disbelief at the way one of the Read More

Tractor maker Deere aims to ride green revolution in Africa

1 day ago DieselGasoil Comments Off on Tractor maker Deere aims to ride green revolution in Africa
JOHANNESBURG (Reuters) – U.S. Deere & Co (DE.N) expects to see demand for its farm equipment in Africa grow 8 to 10 percent annually in the coming years, driven by expansion in key markets like Ethiopia and Zimbabwe, a local company executive said. FILE PHOTO: A worker uses a John Deere tractor to spray a Read More

Wells Fargo plans 1,000 U.S. job cuts

2 days ago DieselGasoil Comments Off on Wells Fargo plans 1,000 U.S. job cuts
The sign at a Wells Fargo banking location is pictured in Pasadena, California, U.S., September 8, 2017. REUTERS/Mario Anzuoni (Reuters) – Wells Fargo & Co said on Thursday it notified about 1,000 employees in its Consumer Lending and Payments, Virtual Solutions and Innovations groups of plans to eliminate their positions. The layoffs are consistent with Read More

Wentworth Resources Plc : Corporate and Operational Update

2 days ago DieselGasoil Comments Off on Wentworth Resources Plc : Corporate and Operational Update
PRESS RELEASE 15 November 2018 WENTWORTH RESOURCES PLC(“Wentworth” or the “Company”) Corporate and Operational Update Wentworth, the Oslo Stock Exchange (OSE:WEN) and AIM (AIM:WEN) listed independent, East Africa-focused oil & gas company, today provides both a Corporate and Operational Update. Further to the 14 October 2018 RNS, the Oslo Stock Exchange has approved the delisting Read More

Pfizer loses drug patent fight in UK top court, may face claims

3 days ago DieselGasoil Comments Off on Pfizer loses drug patent fight in UK top court, may face claims
LONDON (Reuters) – Pfizer lost the final round in a lengthy patent battle in Britain on Wednesday after the country’s highest court ruled against it in a case involving its $5 billion-a-year pain drug Lyrica, exposing the company to possible financial claims. FILE PHOTO: A logo of American Pharmaceutical corporation Pfizer Inc., is pictured in Read More

World risks over-reliance on US shale to plug oil supply gap: IEA

4 days ago DieselGasoil Comments Off on World risks over-reliance on US shale to plug oil supply gap: IEA
Highlights Pemex’s overall crude processing level recovers to 565,000 b/d Bakken crude helps to cut Tula’s fuel oil yield to 37% Mexico City — Pemex’s 315,000 b/d Tula Refinery saw a substantial boost in its operating levels in the first week of November, helping Mexico to recover from historically low crude processing levels, according to Read More

European shares recover after U.S. tech rout; dollar falls

4 days ago DieselGasoil Comments Off on European shares recover after U.S. tech rout; dollar falls
LONDON (Reuters) – European shares recovered on Tuesday after feeling the strain of a tech rout on Wall Street, while the dollar lost momentum as hopes mounted for a de-escalation in the Sino-U.S. tariff war. The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 21, 2018. REUTERS/Tilman Read More

NGO exposed teaching migrants how to trick ‘f***ing stupid’ EU border guards

4 days ago DieselGasoil Comments Off on NGO exposed teaching migrants how to trick ‘f***ing stupid’ EU border guards
A group that helped over 15,000 refugees and migrants to get into Europe has been caught on tape admitting to systematically training asylum seekers to exploit screening interviews by feigning trauma and persecution. Ariel Ricket, the executive director of Advocates Abroad, a major non-profit NGO which provides legal aid to migrants, has been caught on Read More

Paradise lost: Grim search under way in incinerated California town

5 days ago DieselGasoil Comments Off on Paradise lost: Grim search under way in incinerated California town
(Reuters) – Experts in identifying human tissue joined California police and firefighters on Monday in sifting through the charred debris of homes destroyed in the most devastating wildfire in the state’s history, searching for remains of 228 missing people. Firefighters gather around a fire truck as they battle the Woolsey fire in West Hills, Southern Read More