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Chips are down: Huawei U.S. blacklisting knocks EU semiconductor stocks

18 mins ago DieselGasoil Comments Off on Chips are down: Huawei U.S. blacklisting knocks EU semiconductor stocks
LONDON (Reuters) – European chipmakers Infineon Technologies, AMS and STMicroelectronics fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to a U.S. crackdown. FILE PHOTO: The logo of semiconductor manufacturer Infineon is seen at its Austrian headquarters in Villach, Austria, June 3, 2018. REUTERS/Lisi Niesner STMicro Read More

Deutsche Bank denies report it prevented Trump transactions being flagged

3 hours ago DieselGasoil Comments Off on Deutsche Bank denies report it prevented Trump transactions being flagged
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski FRANKFURT (Reuters) – Deutsche Bank denied a report that said some of its executives rejected the advice of the bank’s own anti-money laundering specialists and prevented some transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Read More

Bank staff flagged Trump, Kushner transactions for watchdog: NYTimes

3 hours ago DieselGasoil Comments Off on Bank staff flagged Trump, Kushner transactions for watchdog: NYTimes
WASHINGTON (Reuters) – Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, the New York Times reported on Sunday. FILE PHOTO: U.S. President Donald Trump passes his adviser and son-in-law Read More

Google deals Huawei major blow by cutting Android licence

7 hours ago DieselGasoil Comments Off on Google deals Huawei major blow by cutting Android licence
Google has dealt a major blow to Chinese telecommunications giant Huawei by blocking the firm from using critical apps and services like Gmail and YouTube on its range of smartphones, according to reports. Just like other major smartphone makers including Samsung and LG, Huawei relies on the Google-developed Android operating system to power its mobile Read More

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

8 hours 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

Google cuts ties with Huawei following trade blacklisting

11 hours ago DieselGasoil Comments Off on Google cuts ties with Huawei following trade blacklisting
Google has suspended its licences and product-sharing agreements with Chinese communications giant Huawei, as Washington accuses the company of spying for Beijing. The Silicon Valley tech giant has cut its business deals with Huawei that involve the transfer of hardware and software, Reuters and The Verge report. Following the move, Huawei will lose access to Android operating Read More

Google cuts ties with Huawei following trade blacklisting – report

12 hours ago DieselGasoil Comments Off on Google cuts ties with Huawei following trade blacklisting – report
Google has reportedly suspended some of its product-sharing agreements with Chinese communications giant Huawei, as Washington accuses the company of spying for Beijing. The Silicon Valley tech giant has cut its business deals with Huawei that involve the transfer of hardware and software, an anonymous source told Reuters on Sunday. Following the move, Huawei will Read More

Russia says too early to discuss OPEC+ deal extension

18 hours ago DieselGasoil Comments Off on Russia says too early to discuss OPEC+ deal extension
OPEC countries and allied producers need to discuss the situation on the market before making proposals for the cartel’s meeting in June, Russia’s energy minister has said amid calls to further extend output cuts under OPEC+ deal. “I think it’s too early to talk about it . We need to Read More

Iraq slams Exxon Mobil’s staff evacuation, says it’s politically motivated

21 hours ago DieselGasoil Comments Off on Iraq slams Exxon Mobil’s staff evacuation, says it’s politically motivated
Exxon Mobil’s decision to take its foreign employees out from the West Qurna 1 oilfield was unjustified, according to Iraq’s oil minister. He added that the withdrawal does not pose a threat to the country’s oilfields. “The withdrawal of multiple employees – despite their small number – temporarily has nothing to do with the security Read More

Susan Sarandon, Pamela Anderson & Roger Waters question silence on OPCW report on Douma ‘attack’

21 hours ago DieselGasoil Comments Off on Susan Sarandon, Pamela Anderson & Roger Waters question silence on OPCW report on Douma ‘attack’
Susan Sarandon, Pamela Anderson and Roger Waters are leading questions over why the MSM is ignoring a leaked OPCW report contradicting the claim that Syrian President Bashar Assad carried out a chemical weapons attack in Douma. “This is really important. Why aren’t we talking about it?” actress and activist Susan Sarandon tweeted about the leaked Read More