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Stalled Aramco IPO sets back deal-making at U.S. subsidiary Motiva

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HOUSTON (Reuters) – Saudi Aramco’s delayed initial public offering is sidelining grand North American expansion plans at its U.S. Refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share. FILE PHOTO: An Aramco oil tank is seen at the Production facility at Saudi Aramco’s Read More

Trump foe Avenatti charged with trying to extort $20 million from Nike

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NEW YORK (Reuters) – Attorney Michael Avenatti, who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged on Monday with what prosecutors said was an attempt to “shake down” Nike Inc for over $20 million. Avenatti, who was also hit with separate embezzlement and fraud charges in Read More

Trump foe Michael Avenatti sought to extort $20 million from Nike: prosecutors

14 hours ago DieselGasoil Comments Off on Trump foe Michael Avenatti sought to extort $20 million from Nike: prosecutors
NEW YORK (Reuters) – Attorney Michael Avenatti, who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged on Monday with what prosecutors said was an attempt to “shake down” Nike Inc for over $20 million. Avenatti, who was also hit with separate federal charges alleging embezzlement and Read More

Trump critic Michael Avenatti arrested in $20 million Nike 'shakedown': prosecutors

16 hours ago DieselGasoil Comments Off on Trump critic Michael Avenatti arrested in $20 million Nike 'shakedown': prosecutors
NEW YORK (Reuters) – Michael Avenatti, the lawyer who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged Monday with extortion in what prosecutors called an attempt to “shake down” Nike Inc for over $20 million. Avenatti, who was also hit with separate federal charges alleging embezzlement Read More

Facebook staff 'flagged Cambridge Analytica fears earlier than thought'

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Facebook employees raised concerns about Cambridge Analytica’s data-scraping practices three months earlier than thought, according to US court documents. A US-based employee warned colleagues about the activity in September 2015. Facebook had said it previously discovered the improper sharing of data on 87 million people three months later, in December 2015. The firm said the Read More

Trudeau used term ‘feminist’ as weapon to win elections, now faces backlash – Canadian journalist

3 days ago DieselGasoil Comments Off on Trudeau used term ‘feminist’ as weapon to win elections, now faces backlash – Canadian journalist
Canadian Prime Minister Justin Trudeau used the term ‘feminist’ as a “weapon” to win elections, so it is no surprise that his own record on women is under scrutiny during the ongoing political corruption scandal, RT was told. Justin Trudeau’s choice to make women’s rights “a priority” of his campaign was more “about winning elections” Read More

Boeing’s latest crashes pose serious risk to global AI development – analysts

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Two deadly crashes involving Boeing’s newest airplane in less than six months puts in jeopardy not only the credibility of the manufacturer, but also new technologies actively being pushed by the world’s top tech firms. All Boeing 737 MAX 8 planes operated by global carriers were grounded earlier this month after an Ethiopian Airlines aircraft Read More

‘Fake feminist!’ WATCH female MP blast Trudeau in Parliament for ‘silencing’ strong women

4 days ago DieselGasoil Comments Off on ‘Fake feminist!’ WATCH female MP blast Trudeau in Parliament for ‘silencing’ strong women
An opposition lawmaker tore into Canada’s proud ‘feminist’ Prime Minister Justin Trudeau’s record on women, saying that the PM has tried to shut them up as he faces a political corruption scandal. Conservative lawmaker Michelle Rempel blasted Trudeau for “muzzling strong, principled women” during a debate in the House of Commons on Wednesday. “He asked Read More

Hyundai shareholders reject Elliott's $6.2 bln dividend request

5 days ago DieselGasoil Comments Off on Hyundai shareholders reject Elliott's $6.2 bln dividend request
Employees of Hyundai Motor Group attend the company’s new year ceremony in Seoul, South Korea, January 2, 2019. REUTERS/Kim Hong-Ji SEOUL (Reuters) – Investors in Hyundai Motor Group companies rejected on Friday Elliott Management’s demands for a massive special dividend, dealing a blow to the U.S. hedge fund’s campaign to shake up South Korea’s second-biggest Read More