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Strong U.S. economy boosts Walmart's third-quarter sales

7 hours ago DieselGasoil Comments Off on Strong U.S. economy boosts Walmart's third-quarter sales
NEW YORK (Reuters) – Walmart Inc (WMT.N) reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online. FILE PHOTO: A shopper is seen in the aisle of a Walmart store in Woodstock, Georgia, Read More

Bollywood actress claims wrestler took bribe before brutal body slam

10 hours ago DieselGasoil Comments Off on Bollywood actress claims wrestler took bribe before brutal body slam
A Bollywood star says an American pro-wrestler took a bribe from a rival actress to brutally body slam her during a celebrity wrestling match, leaving her in pain and fearing she might have trouble walking. US wrestling star Tanea ‘Rebel’ Brooks is on tour throughout India and says she was challenged to a match against popular Read More

Conoco considering North Sea asset sale by year end

23 hours ago DieselGasoil Comments Off on Conoco considering North Sea asset sale by year end
By Will Kennedy, Dinesh Nair, Kiel Porter and Alex Nussbaum on 11/14/2018 LONDON (Bloomberg) — ConocoPhillips plans to invite bids by the end of the year for its remaining North Sea assets, which could be valued at up to $3 billion in a sale, according to people with knowledge of the matter. The assets, which Read More

OPEC will cut output as required to stabilize market

1 day ago DieselGasoil Comments Off on OPEC will cut output as required to stabilize market
By Mohammed Aly Sergie, Anthony DiPaola and Mahmoud Habboush on 11/14/2018 ABU DHABI (Bloomberg) — OPEC and allied oil producers will cut or adjust production as needed to balance the market, the group’s president, United Arab Emirates Energy Minister Suhail Al Mazrouei, said Wednesday.  If OPEC+ needs to reduce output, it will do so, he Read More

Ford, Walmart to collaborate on designing automated-vehicle delivery

1 day ago DieselGasoil Comments Off on Ford, Walmart to collaborate on designing automated-vehicle delivery
MIAMI (Reuters) – Ford Motor Co (F.N), Walmart Inc (WMT.N) and delivery service Postmates Inc will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said on Wednesday. FILE PHOTO: A Ford Fusion hybrid, Level 4 autonomous vehicle, used by Ford Motor Read More

Ford, Walmart collaborate to design automated-vehicle delivery

1 day ago DieselGasoil Comments Off on Ford, Walmart collaborate to design automated-vehicle delivery
MIAMI (Reuters) – Ford Motor Co (F.N), Walmart Inc (WMT.N) and delivery service Postmates Inc will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said on Wednesday. FILE PHOTO – The logo of Walmart is seen outside of a new Walmart Read More

EU court finds food taste too ‘subjective’ to be copyrighted… for now

2 days ago DieselGasoil Comments Off on EU court finds food taste too ‘subjective’ to be copyrighted… for now
Not every experience can be copyrighted, at least for now, an EU court has ruled, dismissing a Dutch cheesemaker’s suit against a rival it accused of infringing on its signature taste. Dutch cheesemaker Levola Hengelo sued rival Smilde for copyright infringement, alleging the company’s leek-and-garlic cheese spread was a rip-off of Levola’s own Heksenkaas (“witches’ Read More

Mexican drug lord El Chapo is a scapegoat, trial told

2 days ago DieselGasoil Comments Off on Mexican drug lord El Chapo is a scapegoat, trial told
Notorious drug lord Joaquin “El Chapo” Guzman is a scapegoat for the real leader of Mexico’s drugs cartel, his lawyer says. Guzman is on trial accused of leading the Sinaloa cartel from 1989 to 2014 – the biggest drug trafficking organisation in the world. But on the first day of his trial in New York, Read More

OPEC sees demand for its crude declining as rivals surge

2 days ago DieselGasoil Comments Off on OPEC sees demand for its crude declining as rivals surge
By Alex Longley on 11/13/2018 LONDON (Bloomberg) — OPEC sees demand for its own crude falling even faster than expected in 2019 as a slowing global economy crimps demand and rival supplies surge.  The figures, published in the cartel’s monthly report, underline why Saudi Arabia and some other members are talking about cutting production again. Read More

Walmart Indian venture Flipkart loses CEO after misconduct probe

2 days ago DieselGasoil Comments Off on Walmart Indian venture Flipkart loses CEO after misconduct probe
FILE PHOTO – Binny Bansal, Group Chief Executive Officer of India’s largest e-commerce firm Flipkart, poses at the company’s headquarters in Bengaluru, India July 7, 2017. REUTERS/Abhishek N. Chinnappa (Reuters) – The Chief Executive and co-founder of Walmart’s Indian venture Flipkart Group, Binny Bansal, has resigned following a probe into serious personal misconduct, Walmart Inc Read More