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Goldman, Bank of England and stock exchange targeted by climate activists in London

47 mins ago DieselGasoil Comments Off on Goldman, Bank of England and stock exchange targeted by climate activists in London
LONDON (Reuters) – Environmental activists glued themselves to the London Stock Exchange, blocked roads near the Bank of England and protested outside banks such as Goldman Sachs on Thursday to try to force Britain to help avert what they cast as a climate cataclysm. The Extinction Rebellion group has caused mass disruption across London, blocking Read More

Tesla promises return to profit in third quarter after large loss, may raise more capital

13 hours ago DieselGasoil Comments Off on Tesla promises return to profit in third quarter after large loss, may raise more capital
(Reuters) – Tesla Inc lost $700 million in the first quarter but predicted it would return to profit in the third quarter as it cuts costs and improves delivery after facing issues ramping up shipments outside the United States. FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Read More

Tesla promises return to profit after first-half losses

14 hours ago DieselGasoil Comments Off on Tesla promises return to profit after first-half losses
FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song (Reuters) – Tesla Inc said on Wednesday it would return to profit in the third quarter of 2019 after racking up two consecutive losses in the first half of the year, as Read More

Weekly share repurchase program transaction details

18 hours ago DieselGasoil Comments Off on Weekly share repurchase program transaction details
  April 24, 2019 SBM Offshore reports the transaction details related to its EUR175 million (c. US$200 million) share repurchase program for the period April 18, 2019 through April 24, 2019. The repurchases were made under the EUR175 million share repurchase program announced on and effective from February 14, 2019. The objective of the program Read More

If US wants to enter Hormuz Strait, it must talk to Iran’s Revolutionary Guards – FM Zarif

18 hours ago DieselGasoil Comments Off on If US wants to enter Hormuz Strait, it must talk to Iran’s Revolutionary Guards – FM Zarif
If the US seeks to operate in the Hormuz Strait, the Persian Gulf’s major trade route, it must talk to those who defend it, FM Zarif said, referring to Iran’s Revolutionary Guards, which the US has declared ‘terrorists’. Anyone who enters the Strait of Hormuz has to work with regional powers providing security for the Read More

Oil firm Equinor agrees climate change targets with investors

20 hours ago DieselGasoil Comments Off on Oil firm Equinor agrees climate change targets with investors
OSLO/LONDON (Reuters) – Norwegian oil and gas company Equinor will revise its climate targets next year and assess its investments against U.N.-backed goals following talks with major investors. FILE PHOTO: A logo of Equinor, formerly known as Statoil, is seen at the company’s headquarters in Fornebu, Norway May 21, 2018. REUTERS/Nerijus Adomaitis Oil companies, among Read More

Samsung plans $116 billion investment in non-memory chips to challenge TSMC, Qualcomm

1 day ago DieselGasoil Comments Off on Samsung plans $116 billion investment in non-memory chips to challenge TSMC, Qualcomm
SEOUL (Reuters) – Samsung Electronics Co Ltd plans to invest $116 billion in non-memory chips through 2030, to cut its reliance on the volatile memory chip market and develop chips to power self-driving cars and AI-enabled devices. FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March Read More

Trump’s Iran decision could kill the OPEC+ deal

1 day ago DieselGasoil Comments Off on Trump’s Iran decision could kill the OPEC+ deal
Trump’s decision to let Iran waivers expire could kill off the OPEC+ deal while dealing a serious blow to the coalition’s ability to coordinate production cuts. The Wall Street Journal reported that the Trump administration’s decision to let waivers expire “surprised buyers and others who had been told by State Department officials in recent weeks to expect Read More

Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low

1 day ago DieselGasoil Comments Off on Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low
TOKYO (Reuters) – Nissan Motor Co slashed its full-year profit forecast to its lowest in nearly a decade due to weakness in the United States, just as it adjusts to life without Carlos Ghosn and charts its future with alliance partner Renault SA. FILE PHOTO: A Nissan logo is pictured during the media day for Read More

Adding to Ghosn woes, Nissan set to further slash profit outlook: report

1 day ago DieselGasoil Comments Off on Adding to Ghosn woes, Nissan set to further slash profit outlook: report
TOKYO (Reuters) – Nissan Motor Co Ltd could be heading for a bigger-than-expected earnings drop due to weakness in its top markets, just as it adjusts to a future without Carlos Ghosn and grapples with the outlook of its alliance with France’s Renault SA. FILE PHOTO: A Nissan logo is pictured during the media day Read More