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Exclusive: Fitbit considers whether it should explore a sale – sources

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(Reuters) – Wearable device maker Fitbit Inc (FIT.N) has been in talks with an investment bank about the possibility of exploring a sale amid challenges in successfully pivoting from fitness trackers to smartwatches, people familiar with the matter said on Friday. FILE PHOTO: The ticker symbol for Fitbit is displayed at the post where it Read More

Ramp walks, dancing: Indian watchdog clamps down on flight crew TikTok videos

2 hours ago DieselGasoil Comments Off on Ramp walks, dancing: Indian watchdog clamps down on flight crew TikTok videos
NEW DELHI (Reuters) – India’s aviation regulator has told airlines to crack down on the behavior of flight crew after several videos on popular Chinese video app TikTok showed crew members singing and dancing while on duty, a senior official told Reuters. FILE PHOTO: The logo of TikTok application is seen on a mobile phone Read More

Oil slips on trade fears but soars in week after Saudi production attacked

4 hours ago DieselGasoil Comments Off on Oil slips on trade fears but soars in week after Saudi production attacked
NEW YORK (Reuters) – Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest weekly increase since January, after an attack on Saudi Arabia’s energy industry last weekend. Brent crude LCOc1 futures fell 12 cents to settle at $64.28 a barrel, Read More

Oil heads for weekly gain of more than 7% after Saudi attacks

7 hours ago DieselGasoil Comments Off on Oil heads for weekly gain of more than 7% after Saudi attacks
NEW YORK (Reuters) – Oil prices rose about 1% on Friday, with Brent set for its biggest weekly gain since January, lifted by rising Middle East tensions and supply concerns after an attack on Saudi Arabia’s energy industry last weekend. Brent crude LCOc1 futures rose 45 cents, or 0.7%, to $64.85 a barrel by 11:32 Read More

Jakarta to host green-friendly Formula E race next year

12 hours ago DieselGasoil Comments Off on Jakarta to host green-friendly Formula E race next year
FILE PHOTO: A girl looks on the National Monument as smog covers the capital city of Jakarta, Indonesia, July 4, 2019. REUTERS/Willy Kurniawan LONDON (Reuters) – Indonesia will host a Formula E round for the first time next June with drivers racing in central Jakarta, the all-electric racing series announced on Friday. The race, whose Read More

Millions call for urgent action with Global Climate Strike

12 hours ago DieselGasoil Comments Off on Millions call for urgent action with Global Climate Strike
Hundreds of thousands of people across the world are taking to the streets to call for urgent measures to tackle climate change. Millions of people in 139 countries are expected to take part, with 300,000 in Australia having already started. Inspired by Swedish climate activist Greta Thunberg, students are leading events from Australia to Iceland Read More

Rolls-Royce hit by further setback to fixing Boeing 787 engines

13 hours ago DieselGasoil Comments Off on Rolls-Royce hit by further setback to fixing Boeing 787 engines
(Reuters) – Rolls-Royce (RR.L) will take longer than expected to fix problems with its Trent 1000 engine, frustrating efforts to get Boeing (BA.N) 787s grounded by the glitch flying again and knocking the British company’s shares. FILE PHOTO: A view of one of two Rolls Royce Trent 1000 engines of the Boeing 787 Dreamliner during Read More

Malaysia’s Petronas sees tough times ahead despite higher oil, LNG sales

14 hours ago DieselGasoil Comments Off on Malaysia’s Petronas sees tough times ahead despite higher oil, LNG sales
Singapore — Petronas said Friday that rising sales of petroleum products and LNG helped the state-run Malaysian firm post profit and revenue growth in the first half of 2019, but warned that ongoing trade tensions, sluggish demand and slowing global growth could pose challenges in the second half. Not registered? Receive daily email alerts, subscriber Read More

Saudi Oct term propane CP expected above $400/mt as supply worries linger

15 hours ago DieselGasoil Comments Off on Saudi Oct term propane CP expected above $400/mt as supply worries linger
Singapore — Saudi Aramco is expected to set the October propane term contract price at just above $400/mt, versus $350/mt for September, traders said Friday, as details emerged that some Indian companies had their October-loading term cargoes deferred in the recent acceptances of nominations. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More