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U.S. judge suspends Blackstone’s lawsuit against Italian media group: sources

33 mins ago DieselGasoil Comments Off on U.S. judge suspends Blackstone’s lawsuit against Italian media group: sources
MILAN (Reuters) – A New York judge has suspended a lawsuit brought by U.S. private equity fund Blackstone against Italian publisher RCS Mediagroup over the disputed sale of real estate assets, two sources close to the matter said on Wednesday. FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post Read More

Boeing axes 210 orders after India’s Jet stops flying

2 hours ago DieselGasoil Comments Off on Boeing axes 210 orders after India’s Jet stops flying
(Reuters) – Boeing Co removed 210 aircraft from its order backlog and took an impairment charge over customer financing losses on Wednesday following the near-collapse of India’s Jet Airways. FILE PHOTO: The Boeing logo is seen at their headquarters in Chicago, in this April 24, 2013 file photo. REUTERS/Jim young/File Photo/File Photo The adjustment pushed Read More

Sri Lanka suicide bomber who studied in UK named

2 hours ago DieselGasoil Comments Off on Sri Lanka suicide bomber who studied in UK named
One of the suicide bombers behind the Sri Lanka suicide attacks was former UK student Abdul Lathief Jameel Mohamed, according to security sources. Mohamed is believed to have studied in the southeast of England at some point between 2006 and 2007 – and later did a postgraduate course in Australia, before returning to settle in Read More

Boeing hives off 210 orders after Jet halts operations

5 hours ago DieselGasoil Comments Off on Boeing hives off 210 orders after Jet halts operations
FILE PHOTO: The Boeing logo is seen at their headquarters in Chicago, in this April 24, 2013 file photo. Boeing Co on April 27, 2016, reported a 9 percent drop in first-quarter profit, citing an after-tax charge from the KC-46 aerial refueling tanker it is developing for the U.S. Air Force. REUTERS/Jim young (Reuters) – Read More

Explainer: Securing the 5G future – what’s the issue?

7 hours ago DieselGasoil Comments Off on Explainer: Securing the 5G future – what’s the issue?
(Reuters) – Britain’s plan to allow Chinese telecom giant Huawei Technologies a restricted role in its next generation mobile networks is part of a heated international debate over the security risks so-called 5G technology presents. FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration Read More

Bayer bosses facing shareholder reckoning over Monsanto deal as cancer lawsuits mount

7 hours ago DieselGasoil Comments Off on Bayer bosses facing shareholder reckoning over Monsanto deal as cancer lawsuits mount
German Pharmaceutical giant Bayer is running into mounting shareholder opposition ahead of its annual meeting on Friday. The company’s investors are faulting management for failing to foresee the risks of its biggest deal ever. A growing number of shareholders have said they won’t support executives and supervisory board members in the upcoming no-confidence vote. The Read More

TransGlobe Energy Corporation Announces an Operations Update

14 hours ago DieselGasoil Comments Off on TransGlobe Energy Corporation Announces an Operations Update
This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta, April 24, 2019 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces a Q1 operations Read More

Adding to Ghosn woes, Nissan set to further slash profit outlook: report

15 hours ago DieselGasoil Comments Off on Adding to Ghosn woes, Nissan set to further slash profit outlook: report
TOKYO (Reuters) – Nissan Motor Co Ltd could be heading for a bigger-than-expected earnings drop due to weakness in its top markets, just as it adjusts to a future without Carlos Ghosn and grapples with the outlook of its alliance with France’s Renault SA. FILE PHOTO: A Nissan logo is pictured during the media day Read More

SoftBank Group looks to buy 5 pct of payment firm Wirecard: Bloomberg

17 hours ago DieselGasoil Comments Off on SoftBank Group looks to buy 5 pct of payment firm Wirecard: Bloomberg
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato (Reuters) – Japan’s SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter. SoftBank has Read More