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Global stocks rally as U.S. eases Huawei restrictions

3 hours ago DieselGasoil Comments Off on Global stocks rally as U.S. eases Huawei restrictions
NEW YORK (Reuters) – The dollar rose and global equity markets advanced on Tuesday, led by chipmakers and companies exposed to Asia, after the United States temporarily eased trade restrictions on China’s Huawei Technologies Co Ltd. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. Read More

Major Chinese airline demands compensation from Boeing over 737 MAX grounding

9 hours ago DieselGasoil Comments Off on Major Chinese airline demands compensation from Boeing over 737 MAX grounding
China Eastern Airlines has requested compensation from the US aerospace giant Boeing over financial damages the carrier had to sustain over the compulsory grounding and suspended delivery of 737 MAX aircraft since March. “The grounding of 737 MAX aircraft since March 11, 2019 has caused relatively big losses to China Eastern. With the passing of Read More

War with Iran could send oil to $250

15 hours ago DieselGasoil Comments Off on War with Iran could send oil to $250
As tensions between Iran and the US continue to escalate, analysts have begun to consider the likelihood and consequences of an Iran war. There has been much talk of an Iran War in recent weeks, but the likelihood of a war, whether intentional or accidental, is relatively small for the simple reason that the leaders Read More

Exclusive: A delicate balance – Toyota took care to make offering to U.S. before China deals

19 hours ago DieselGasoil Comments Off on Exclusive: A delicate balance – Toyota took care to make offering to U.S. before China deals
BEIJING (Reuters) – Toyota Motor Corp last month announced two deals in China that were small in size but large in strategic planning. FILE PHOTO: President of Toyota Motor Corporation Akio Toyoda speaks during the unveiling of the 2020 Toyota Supra during the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. Read More

Gun-loving Swiss agree to harsher firearm control to avoid Schengen tensions

2 days ago DieselGasoil Comments Off on Gun-loving Swiss agree to harsher firearm control to avoid Schengen tensions
In a national referendum, Switzerland has overwhelmingly voted to approve stricter gun control measures and bring them closer in line with European Union rules toughened following a number of terrorist incidents across Europe. Residents of Italian-speaking Ticino canton were the only ones to reject the stricter rules on handling firearms after 63.7 percent of the Read More

Coal stockpiles at U.S. coal power plants were at their lowest point in over a decade

4 days ago DieselGasoil Comments Off on Coal stockpiles at U.S. coal power plants were at their lowest point in over a decade
May 17, 2019 U.S. coal stockpiles decreased to 98.7 million tons in February 2019, their lowest value in more than a decade. Total U.S. coal stockpiles have fallen as more coal plants have retired. Coal plants generally stockpile much more coal than they consume in a month. Coal consumed by power plants follows the seasonal Read More

Palladium boom gives South African miners only temporary reprieve

5 days ago DieselGasoil Comments Off on Palladium boom gives South African miners only temporary reprieve
LONDON (Reuters) – A surge in palladium prices has thrown struggling South African mining companies a lifeline. But it may not be enough. FILE PHOTO: Ingots of 99.97 percent pure palladium are stored at a plant owned by Krastsvetmet, one of the world’s biggest manufacturers of non-ferrous metals, in Krasnoyarsk, Russia April 9, 2019. REUTERS/Ilya Read More

PwrCor Working with Industry and Academic Leaders  to Improve Energy Efficiency of Data Centers

5 days ago DieselGasoil Comments Off on PwrCor Working with Industry and Academic Leaders  to Improve Energy Efficiency of Data Centers
NEW YORK, May 16, 2019 (GLOBE NEWSWIRE) — PwrCor, Inc. (OTCQB:PWCO), an advanced technology company focusing on clean, renewable energy solutions for the Waste-Heat-to-Power, Geothermal, and Solar Thermal markets, is working with data center cooling industry and academic leaders to demonstrate that the wasted ultra-low-grade heat generated from data center electronics can now be converted Read More