newszine

Greek PM concedes defeat in country’s general election

1 week ago DieselGasoil Comments Off on Greek PM concedes defeat in country’s general election
Greek Prime Minister Alexis Tsipras has conceded defeat in the country’s general election. Exit polls indicate conservative opposition leader Kyriakos Mitsotakis has secured a comfortable parliamentary majority. His New Democracy party received 39.7% of the vote compared to 31.5% by Mr Tsipras’ Syriza party, with more than half the ballots counted. In a speech from Read More

Greek conservatives set to win general election – exit polls

1 week ago DieselGasoil Comments Off on Greek conservatives set to win general election – exit polls
Exit polls indicate conservative opposition leader Kyriakos Mitsotakis has won Greece’s general election. His New Democracy party is predicted to have won enough seats in Greece’s 300-member parliament to form a government without needing to enter a coalition with another party. It was on course to win 38-42% of the vote, with Prime Minister Alexis Read More

India to become $5 trillion economy, doubters are just ‘professional pessimists’

1 week ago DieselGasoil Comments Off on India to become $5 trillion economy, doubters are just ‘professional pessimists’
Explaining how India can achieve the ambitious target of becoming a $5 trillion economy in the next five years, Indian Prime Minister Narendra Modi has hit out at those who sow the seeds of doubt over the plan. “I am confident that we will achieve the goal of $5 trillion economy in 5 years, but Read More

‘Departure from slavery of Western thought’: India’s finance minister ditches ‘colonial’ briefcase

2 weeks ago DieselGasoil Comments Off on ‘Departure from slavery of Western thought’: India’s finance minister ditches ‘colonial’ briefcase
While presenting her maiden budget to parliament, Indian Finance Minister Nirmala Sitharaman made an important symbolic gesture, ditching the usual English-style briefcase in favor of a traditional Indian bright-red ledger. Sitharaman arrived at parliament on Friday with the country’s yearly budget in a four-fold red cloth ledger called a ‘bahi-khata’, in honor of the book-keeping Read More

UK competition regulator puts brake on Amazon’s Deliveroo investment

2 weeks ago DieselGasoil Comments Off on UK competition regulator puts brake on Amazon’s Deliveroo investment
(Reuters) – Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) investment in online food delivery group Deliveroo while it considers launching a full investigation. The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal Rossignol Amazon led a $575 million fundraising in Deliveroo in May, Read More

Amsterdam’s first female mayor set to ban prostitutes on display

2 weeks ago DieselGasoil Comments Off on Amsterdam’s first female mayor set to ban prostitutes on display
The first female mayor of Amsterdam wants to protect the city’s world-famous legal prostitutes from crowds of unruly tourists – by restricting or banning the practice of displaying the sex workers in brothel windows. Mayor Femke Halsema, a liberal and well-known supporter of sex worker rights, has outlined a plan to overhaul city’s red-light district, Read More

Analysis: China eases foreign ownership rules in oil and gas upstream, city gas distribution

2 weeks ago DieselGasoil Comments Off on Analysis: China eases foreign ownership rules in oil and gas upstream, city gas distribution
Highlights Foreign companies no longer need JVs with Chinese firms China upstream sector to compete globally for capex Oil majors eye city gas deals as part of shift to natural gas China has lifted restrictions on foreign investment in its conventional oil and gas upstream and city gas distribution sectors, in an attempt to boost Read More

Saudi Arabia’s Falih reaffirms Aramco IPO plan for 2020-21

2 weeks ago DieselGasoil Comments Off on Saudi Arabia’s Falih reaffirms Aramco IPO plan for 2020-21
London — Saudi Arabia still plans to launch the long-delayed initial public offering of Saudi Aramco, the world’s largest crude oil exporter, in 2020 or 2021, oil minister Khalid al-Falih said Tuesday. Aramco’s plans for the IPO have been delayed due to a deal to acquire a majority stake in state petrochemical company Sabic for Read More

EU leaders enter third day of summit to carve up top posts

2 weeks ago DieselGasoil Comments Off on EU leaders enter third day of summit to carve up top posts
BRUSSELS (Reuters) – The European Union’s leaders gathered on Tuesday for a third consecutive day of arm-wrestling over the 28-nation bloc’s key posts, with little sign that fundamental differences had narrowed. FILE PHOTO – European Commission First Vice-President Frans Timmermans addresses a news conference during a European Union’s General Affairs Council in Brussels, Belgium, February Read More

French civil servants paid millions to do NOTHING for 25 years – report

2 weeks ago DieselGasoil Comments Off on French civil servants paid millions to do NOTHING for 25 years – report
Imagine turning up at work every day and doing absolutely nothing. Or better yet, staying at home and doing nothing and still getting paid. The dream is a reality for 30 French civil servants. French taxpayers have been spending more than €1 million per year to pay the salaries of 30 so-called “phantom” bureaucrats in Read More