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Foreign trophy hunters scent bargains in Britain as pound weakens

7 days ago DieselGasoil Comments Off on Foreign trophy hunters scent bargains in Britain as pound weakens
LONDON (Reuters) – From pubs to theme parks, sterling’s near record lows against other major currencies has encouraged overseas buyers to snap up “UK Plc”, with more bargain hunters expected. FILE PHOTO: A British Pound Sterling note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration Private equity and foreign investors, including Hong Read More

Alibaba set for ‘big challenge’ as flamboyant chairman Ma departs

1 week ago DieselGasoil Comments Off on Alibaba set for ‘big challenge’ as flamboyant chairman Ma departs
SHANGHAI (Reuters) – Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time when the market for its core e-commerce business has slowed sharply. As Ma, who turns 55 on Tuesday, holds centerstage at his Read More

Hey, Zuck! Can you spare a buck? Facebook fails to pay $50 fine in Russia

1 week ago DieselGasoil Comments Off on Hey, Zuck! Can you spare a buck? Facebook fails to pay $50 fine in Russia
Social media giant Facebook, with a market value of over $500 billion, failed to comply with a Russian court’s order to pay a fine of 3,000 rubles ($46) over its non-compliance with national law. A decision on a fine was issued by the Russian court on April 12; it came into force on June 25, Read More

Gaddafi supporters flock to streets to mark 50th anniversary of September revolution

2 weeks ago DieselGasoil Comments Off on Gaddafi supporters flock to streets to mark 50th anniversary of September revolution
Supporters of Muammar Gaddafi flooded the town of Bani Walid to mark half a century since the overthrow of the monarchy by army officers led by the late Libyan leader, who was brutally killed by pro-NATO rebels eight years ago. Residents of Bani Walid, a small desert town which remained loyal to Gaddafi even after Read More

Gaddafi supporters flock to streets to mark 50th anniversary of 1st September revolution

2 weeks ago DieselGasoil Comments Off on Gaddafi supporters flock to streets to mark 50th anniversary of 1st September revolution
Supporters of Muammar Gaddafi flooded the town of Bani Walid to mark half a century since the overthrow of the monarchy by army officers led by the late Libyan leader, brutally killed by pro-NATO rebels some 8 years ago. Residents of Bani Walid, a small desert town which remained loyal to Gaddafi even after his Read More

Alaska is the biggest bet yet for Texas’ anti-shale oil billionaire

3 weeks ago DieselGasoil Comments Off on Alaska is the biggest bet yet for Texas’ anti-shale oil billionaire
By Kevin Crowley on 8/28/2019 HOUSTON (Bloomberg) – Texas oilman Jeffery Hildebrand became a billionaire by shunning the shale revolution taking place in his home state. Now, he’s making his biggest bet yet — Alaska — just as shale producers run out of steam. Hildebrand’s Hilcorp Energy is buying a collection of old wells and Read More

Interest rates apartheid? RT’s Keiser Report explains why Americans are piling up debt

3 weeks ago DieselGasoil Comments Off on Interest rates apartheid? RT’s Keiser Report explains why Americans are piling up debt
Almost 80 percent of Americans say they live from paycheck to paycheck. That’s despite a 40-year bull market in bonds where interest rates have been declining year after year for decades. The Keiser Report discusses the issue, with Stacy Herbert saying: “You see, we need more and more debt in order to grow this fake Read More

Bolivia president does about-face and will now accept aid to put out wildfires

3 weeks ago DieselGasoil Comments Off on Bolivia president does about-face and will now accept aid to put out wildfires
LA PAZ, Bolivia (Reuters) – Bolivian President Evo Morales did an about-face on Sunday and said he was now open to international aid to fight the blazes that have engulfed rural villages and doubled in size since Thursday. Ricardo Ruiz sits as he refuses to leave his home due to an evacuation in San Lorenzo Read More

The Koch Empire: What we know about deceased US billionaire David Koch

4 weeks ago DieselGasoil Comments Off on The Koch Empire: What we know about deceased US billionaire David Koch
David Koch – one of America’s wealthiest men, with a net worth of more than $40 billion, and a major political donor – passed away on Friday aged 79. RT looks at the Koch business empire. Koch was the 11th richest person on the planet and, at the time of his death, had a net Read More

Billionaire industrialist and conservative donor David Koch dies at age 79

4 weeks ago DieselGasoil Comments Off on Billionaire industrialist and conservative donor David Koch dies at age 79
WASHINGTON (Reuters) – Billionaire industrialist David Koch, a driving force behind conglomerate Koch Industries who as one of the world’s richest people became a major financier of conservative causes and political candidates, has died at age 79, his brother said on Friday. FILE PHOTO: Businessman David Koch arrives at the Metropolitan Museum of Art Costume Read More