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Exclusive: Chile regulators reject Albemarle plans to boost lithium output

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FILE PHOTO: Brine pools from a lithium mine, that belongs U.S.-based Albemarle Corp, is seen on the Atacama salt flat in the Atacama desert, Chile, August 16, 2018. REUTERS/Ivan Alvarado/File Photo SANTIAGO (Reuters) – Chilean environmental regulators this week rejected plans submitted by the world’s top lithium producer Albemarle to expand output from the Salar Read More

Trade war and censors blow chill wind through China's giant tech scene

15 hours ago DieselGasoil Comments Off on Trade war and censors blow chill wind through China's giant tech scene
BEIJING (Reuters) – Wang Miaoyi’s small one-bedroom apartment, which doubles as her design studio, is overflowing with game magazines, figurines and boxes of sci-fi novels. Game developer Wang Miaoyi works in her studio that is located in her appartment in Beijing, October 29, 2018.REUTERS/Thomas Peter The 30-year old game developer is a child of the Read More

Utility stocks slump as California wildfires leave hundreds missing

19 hours ago DieselGasoil Comments Off on Utility stocks slump as California wildfires leave hundreds missing
SAN FRANCISCO (Reuters) – California utility stocks plummeted for a second day on Monday after deadly wildfires killed at least 31 people and left hundreds missing, with property losses estimated at over $2 billion and the companies facing potential liability. Downed power lines and debris are seen along Mulholland Highway in the aftermath of the Read More

Iranian central bank disconnected from SWIFT messaging – US treasury

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The Iranian Central Bank has been cut off the SWIFT financial messaging system, the US Treasury Department has said. Disconnection makes it more difficult for the Islamic Republic to settle import and export bills. SWIFT planned the cutoff for several days, having come under pressure from the US to do so. Treasury Secretary Steven Mnuchin Read More

'King dollar' benefits from European risks, growth fears

1 day ago DieselGasoil Comments Off on 'King dollar' benefits from European risks, growth fears
LONDON (Reuters) – The dollar surged to nearly 17-month highs on Monday against a basket of major currencies as investors sought out the highly liquid and high-yielding currency against a backdrop of global growth worry and rising political risk in Italy and Britain. People walk past the entrance of the London Stock Exchange in London, Read More

SWIFT kick: Iranian banks about to be cut off from global financial network

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Banks in Iran have started sending letters to their branches, informing them that they will be cut off from the international financial messaging system SWIFT starting Monday. Being cut off from SWIFT makes it difficult for Iran to get paid for exports and to pay for imports. SWIFT’s chief executive Gottfried Leibbrandt had earlier confirmed Read More

Sterling tumbles on Brexit turmoil; dollar, oil jump

1 day ago DieselGasoil Comments Off on Sterling tumbles on Brexit turmoil; dollar, oil jump
SHANGHAI (Reuters) – Sterling fell on Monday, helping to boost the dollar to a 16-month high, amid mounting doubts over whether Prime Minister Theresa May can come up with a Brexit deal that would win the backing of the European Union and her own party. FILE PHOTO: A panel displays the closing Hang Seng Index Read More

Exclusive: Takeda to win EU approval for $62 billion Shire deal – sources

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FILE PHOTO: Takeda Pharmaceutical Co’s logo is seen at its new headquarters in Tokyo, Japan, July 2, 2018. REUTERS/Kim Kyung-Hoon/File Photo BRUSSELS (Reuters) – Japanese drugmaker Takeda Pharmaceutical (4502.T) is set to win conditional EU antitrust approval for its $62-billion bid for London’s Shire, the biggest ever overseas acquisition by a Japanese company, two people Read More

Parkland Fuel Corporation Announces $300 Million Senior Unsecured Note Financing

4 days ago DieselGasoil Comments Off on Parkland Fuel Corporation Announces $300 Million Senior Unsecured Note Financing
(All financial figures are approximate and in Canadian dollars unless otherwise noted) NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”) (TSX:PKI), Canada’s largest and one of North America’s fastest growing independent suppliers and marketers of fuel and Read More