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Walmart faces pressure to stop gun sales after latest U.S. mass shootings

1 month ago DieselGasoil Comments Off on Walmart faces pressure to stop gun sales after latest U.S. mass shootings
(Reuters) – Walmart Inc said on Monday there has been no change in its policy on gun sales after two mass shootings over the weekend, including one at a Walmart store, left 31 people dead in Texas and Ohio. FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company Walmart is Read More

Apple’s services, wearables shore up results as iPhone drops below half of sales

2 months ago DieselGasoil Comments Off on Apple’s services, wearables shore up results as iPhone drops below half of sales
(Reuters) – Apple Inc (AAPL.O) iPhone sales dropped to less than half of quarterly revenue for the first time in seven years, but CEO Tim Cook on Tuesday described the change as successfully diversifying away from a single product and forecast results above Wall Street targets. That strategy proved especially useful in China, the world’s Read More

U.S. to deny tariff relief for Apple Mac Pro parts from China: Trump

2 months ago DieselGasoil Comments Off on U.S. to deny tariff relief for Apple Mac Pro parts from China: Trump
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said his administration would not grant Apple Inc any relief for tariffs on parts made in China for its Mac Pro computer and later added he thought the firm would build a plant in Texas. “Apple will not be given Tariff waiver, or relief, for Mac Read More

Amazon’s push for one-day delivery dents profits, costs up 21%

2 months ago DieselGasoil Comments Off on Amazon’s push for one-day delivery dents profits, costs up 21%
(Reuters) – Amazon.com Inc (AMZN.O) on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps up spending on one-day delivery to spark sales growth. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January Read More

Australia’s Prelude LNG project ships first LPG cargo

2 months ago DieselGasoil Comments Off on Australia’s Prelude LNG project ships first LPG cargo
Singapore — The first LPG cargo was lifted from Australia’s Prelude FLNG project this week, according to Japanese explorer Inpex, a stakeholder in the project, and cFlow, S&P Global Platts trade flow software. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The cargo was lifted aboard the 84,000 cu Read More

KKR buying Australian Tim Tam cookie maker from Campbell for $2.2 billion

2 months ago DieselGasoil Comments Off on KKR buying Australian Tim Tam cookie maker from Campbell for $2.2 billion
SYDNEY (Reuters) – KKR & Co (KKR.N) said it is buying Campbell Soup Co’s (CPB.N) Australian snacks unit Arnott’s Biscuits that will give it ownership of top-selling cookie brands such as Tim Tam, in a deal local media reported was worth $2.2 billion. FILE PHOTO: Trading information for KKR & Co is displayed on a Read More

Iran oil stacking up in Chinese ports adds to market uncertainty

2 months ago DieselGasoil Comments Off on Iran oil stacking up in Chinese ports adds to market uncertainty
7/22/2019 BEIJING -Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer. Two and a half months after the White House banned the purchase of Iran’s oil, the nation’s crude is continuing to be sent to Read More

TerraForm Power to Acquire Large-Scale U.S. Distributed Generation Platform

2 months ago DieselGasoil Comments Off on TerraForm Power to Acquire Large-Scale U.S. Distributed Generation Platform
Investment Highlights Acquisition is expected to add ~320 megawatts of distributed generation assets in 20 states and in the District of Columbia Expected to grow TerraForm Power’s distributed generation portfolio to ~750 megawatts, making it one of the largest distributed generation businesses in the United States Portfolio consists of recently constructed assets that have an Read More