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US arm-twisting & pipe dreams aside, Europe just won’t quit Russian gas imports

15 hours ago DieselGasoil Comments Off on US arm-twisting & pipe dreams aside, Europe just won’t quit Russian gas imports
Austria will continue buying Russian gas despite US pressure and fear-mongering from Poland and Ukraine about dangers to European energy security. The cost of importing US gas is just not right, says its Chancellor Sebastian Kurz. Meeting with US President Donald Trump in Washington on Wednesday, the 32-year-old chancellor stood up for Austria’s continued support Read More

Exclusive: U.S., China sketch outlines of deal to end trade war – sources

16 hours ago DieselGasoil Comments Off on Exclusive: U.S., China sketch outlines of deal to end trade war – sources
WASHINGTON (Reuters) – The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade war, according to sources familiar with the negotiations. FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin, second from left, U.S. Trade Representative Read More

UBS to appeal after fined 4.5 billion euros in French tax fraud case

1 day ago DieselGasoil Comments Off on UBS to appeal after fined 4.5 billion euros in French tax fraud case
PARIS (Reuters) – A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann/File Photo Shares in Read More

French court fines UBS 4.5 billion euros in tax fraud case

1 day ago DieselGasoil Comments Off on French court fines UBS 4.5 billion euros in tax fraud case
PARIS (Reuters) – A French court on Wednesday found Swiss bank UBS AG guilty of illegally soliciting clients in France and laundering the proceeds of tax evasion, and ordered it to pay 4.5 billion euros ($5.1 billion) in penalties. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. Read More

Russia’s biggest automaker AvtoVaz negotiating exports to Iran

1 day ago DieselGasoil Comments Off on Russia’s biggest automaker AvtoVaz negotiating exports to Iran
Major Russian car producer AvtoVaz is in talks with Tehran over the sale and assembly of its cars there, Viktor Kladov, the director of international cooperation and regional policy at Russia’s state corporation Rostec, has said. “Avtovaz has been assembling its cars in Egypt,” he told reporters on the sidelines of the Aero India 2019 Read More

‘No rush!’ US vows to keep sanctions on N. Korea as Trump prepares to meet Kim

2 days ago DieselGasoil Comments Off on ‘No rush!’ US vows to keep sanctions on N. Korea as Trump prepares to meet Kim
The US is not ready to lift any sanctions against North Korea, the State Department has announced, just as Donald Trump said he is in “no rush” to seek compromise ahead of his “exciting” summit with Kim Jong-un next week. “We have been clear on sanctions. These are the world’s sanctions and that is something…that Read More

Israel aims for Moon with $100 million private space probe & Bible on board

2 days ago DieselGasoil Comments Off on Israel aims for Moon with $100 million private space probe & Bible on board
Israel is looking to join the ranks of space superpowers by becoming the fourth country to land a probe on the Moon. In addition to science instruments, the ‘Genesis’ probe will carry a copy of the Bible on a small metal disc. Genesis, or “Beresheet” in Hebrew, is about the size of a washing machine Read More

Trump says March 1 deadline for China trade talks not 'magical' date

2 days ago DieselGasoil Comments Off on Trump says March 1 deadline for China trade talks not 'magical' date
WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday that trade talks with China were going well and suggested he was open to pushing off the deadline to complete negotiations, saying March 1 was not a “magical” date. FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China April 24, Read More

BHP CEO staying around to deal with tailings and transformation

2 days ago DieselGasoil Comments Off on BHP CEO staying around to deal with tailings and transformation
LONDON (Reuters) – The chief executive of mining group BHP has no plans to quit and will focus on the “nuclear level of safety” needed to avoid any repeat of the Vale dam collapse in Brazil, as well as on transforming his own company. FILE PHOTO: BHP Billiton CEO Andrew Mackenzie and Chairman Ken Mackenzie Read More

BHP calls for international body to oversee tailings dams

2 days ago DieselGasoil Comments Off on BHP calls for international body to oversee tailings dams
FILE PHOTO: BHP Billiton’s chief executive officer Andrew Mackenzie poses at the company’s offices in Melbourne, Australia, February 15, 2018. REUTERS/Sonali Paul MELBOURNE (Reuters) – BHP Group called for the creation of an independent international body to oversee the construction, integrity and operations of tailings dams, which hold mining waste, after the second collapse of Read More