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Berkshire trims Apple stake, adds Suncor and Red Hat, exits Oracle

4 days ago DieselGasoil Comments Off on Berkshire trims Apple stake, adds Suncor and Red Hat, exits Oracle
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it trimmed its stake in iPhone maker Apple Inc, its largest stock investment, and added positions in Canada’s Suncor Energy Inc and software company Red Hat Inc. FILE PHOTO: The logo of Apple is seen at a store in Zurich, Switzerland January 3, 2019. REUTERS/Arnd Wiegmann Berkshire Read More

Jones Energy, Inc. Forgoes Convertible Preferred Stock Dividend

4 days ago DieselGasoil Comments Off on Jones Energy, Inc. Forgoes Convertible Preferred Stock Dividend
AUSTIN, Texas, Feb. 14, 2019 (GLOBE NEWSWIRE) — Jones Energy, Inc. (OTCQX: JONE) (“Jones Energy” or “the Company”) is announcing that it will forgo payment of its previously declared contingent dividend on its 8% Series A Perpetual Convertible Preferred Stock (the “Preferred Stock”). The foregone dividend is for the period beginning on the last payment Read More

Alberta's would-be leader vows to drop gloves in fight over oil

1 week ago DieselGasoil Comments Off on Alberta's would-be leader vows to drop gloves in fight over oil
By Kevin Orland and Josh Wingrove on 2/11/2019 CALGARY and OTTAWA (Bloomberg) — Canada’s oil sector may soon get a more combative advocate in the Alberta premier’s office.  Voters in Canada’s top oil-producing province head to the polls in the next few months and are poised to elect Jason Kenney, one of the country’s foremost Read More

Have four kids and never pay income tax again, Hungarian mothers told

1 week ago DieselGasoil Comments Off on Have four kids and never pay income tax again, Hungarian mothers told
By Emily Mee, news reporter Hungarian women who have at least four children will be exempt from paying income tax for the rest of their lives as part of an effort to reverse population decline, the country’s prime minister has said. Right-wing leader Viktor Orban says new measures to increase financial aid and subsidies for Read More

SPI Energy Co., Ltd. Announces Nasdaq’s Determination Letter

1 week ago DieselGasoil Comments Off on SPI Energy Co., Ltd. Announces Nasdaq’s Determination Letter
HONG KONG and SANTA CLARA, Calif., Feb. 08, 2019 (GLOBE NEWSWIRE) — SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (NASDAQ: SPI), a global provider of renewable energy solutions and crypto-miner hosting services for residential, commercial and utility customers, today announced that it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) stating Read More

World shares go weak as data disappoints, dollar extends power surge

2 weeks ago DieselGasoil Comments Off on World shares go weak as data disappoints, dollar extends power surge
LONDON (Reuters) – Mounting global growth worries thrust share markets into reverse on Thursday, while the dollar scored its longest winning run since a hot streak in early October that helped trigger a wave of worldwide ‘bear’ markets. A U.S. five dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration Wall Read More

Electric cars will kill oil demand within decade, Bank of America predicts

2 weeks ago DieselGasoil Comments Off on Electric cars will kill oil demand within decade, Bank of America predicts
Bank of America Merill Lynch sees a peak in global demand for crude oil around 2030, followed by a period of rapid decline as a result of the electrification of transportation. For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According to Bank of America Read More

'Special place in hell' for those who promoted Brexit with no plan – EU's Tusk

2 weeks ago DieselGasoil Comments Off on 'Special place in hell' for those who promoted Brexit with no plan – EU's Tusk
Donald Tusk, the President of the EU Council, has lashed out at the UK, saying he wonders what the “special place in hell” looks like for those who pushed for Brexit without coming up with a clear plan to deliver it. Addressing reporters in Brussels, Tusk reiterated the EU’s position on the Withdrawal Agreement, stating Read More

Apple retail chief Angela Ahrendts to depart in April

2 weeks ago DieselGasoil Comments Off on Apple retail chief Angela Ahrendts to depart in April
(Reuters) – Apple Inc said on Tuesday that retail chief Angela Ahrendts will leave the company in April after five years on the job, the third departure of a retail head brought in from outside the company. FILE PHOTO – Angela Ahrendts, Senior Vice President of Apple, attends a conference at the Cannes Lions International Read More