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StanChart sees China slowdown, trade war fears receding, eyes digital push

6 hours ago DieselGasoil Comments Off on StanChart sees China slowdown, trade war fears receding, eyes digital push
HONG KONG (Reuters) – Fears over a slowdown in Chinese economic growth and the impact of the Sino-United States trade tensions are “receding a bit”, the chief executive of London-based bank Standard Chartered, which makes the bulk of its revenue in Asia, said. Standard Chartered PLC Group Chief Executive Bill Winters attends the China Development Read More

Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East

8 hours ago DieselGasoil Comments Off on Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East
SAN FRANCISCO (Reuters) – Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering. The Uber Hub is seen in Redondo Beach, California, U.S., March 25, 2019. REUTERS/Lucy Nicholson     Uber said late Monday night Read More

Samsung Elec flags earnings miss as chip prices slide

11 hours ago DieselGasoil Comments Off on Samsung Elec flags earnings miss as chip prices slide
SEOUL (Reuters) – Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance. FILE PHOTO – Attendees at Samsung Electronics Co LtdÕs Unpacked event test out the company’s new devices Read More

Samsung Electronics flags earnings miss as chip prices slide

12 hours ago DieselGasoil Comments Off on Samsung Electronics flags earnings miss as chip prices slide
SEOUL (Reuters) – Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance. FILE PHOTO – Attendees at Samsung Electronics Co LtdÕs Unpacked event test out the company’s new devices Read More

Samsung Electronics expects quarter one earnings to miss market forecasts

14 hours ago DieselGasoil Comments Off on Samsung Electronics expects quarter one earnings to miss market forecasts
FILE PHOTO – Attendees at Samsung Electronics Co LtdÕs Unpacked event test out the company’s new devices in in San Francisco, California, U.S., February 20, 2019 REUTERS/Stephen Nellis SEOUL (Reuters) – Samsung Electronics said on Tuesday that it expects its first quarter earnings to fall short of market expectations as declines in its memory chip Read More

Airbus wins China order for 300 jets as Xi visits France

20 hours ago DieselGasoil Comments Off on Airbus wins China order for 300 jets as Xi visits France
PARIS (Reuters) – Airbus signed a deal worth tens of billions of dollars on Monday to sell 300 aircraft to China as part of a trade package coinciding with a visit to Europe by Chinese President Xi Jinping and matching a China record held by rival Boeing. FILE PHOTO: The Airbus logo is pictured at Read More

PRD Energy Provides Update on Liquidation & Dissolution Process

20 hours ago DieselGasoil Comments Off on PRD Energy Provides Update on Liquidation & Dissolution Process
CALGARY, Alberta, March 25, 2019 (GLOBE NEWSWIRE) — PRD Energy Inc. (“PRD” or the “Company“) is pleased to provide an update on the status of its liquidation and the anticipated timing of its dissolution. PRD is currently discharging all of its obligations and completing all other acts required to liquidate its business. PRD’s assets, as Read More

Bayer boss calls Monsanto takeover ‘good idea’ despite mounting lawsuits

23 hours ago DieselGasoil Comments Off on Bayer boss calls Monsanto takeover ‘good idea’ despite mounting lawsuits
The CEO of German chemical giant Bayer, Werner Baumann, has defended the multibillion-dollar takeover of Monsanto despite the huge legal costs that are piling up over the firm’s Roundup weed killer. “The Monsanto acquisition was and is a good idea,” Baumann told Frankfurter Allgemeine when asked if he would change his mind about buying the Read More

Just Energy Group Inc. Announces Repurchase of US$21,800,000 of its 2019 Convertible Bonds

1 day ago DieselGasoil Comments Off on Just Energy Group Inc. Announces Repurchase of US$21,800,000 of its 2019 Convertible Bonds
TORONTO, March 25, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy” or the “Company”), a leading consumer company focused on essential needs including electricity and natural gas commodities, Health and well-being products, and utility conservation, announced today that it has repurchased US$21,800,000 in aggregate principal amount of its 6.50 percent convertible Read More