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June 2019 was the hottest June on record across the globe – NOAA

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(Reuters) – June 2019 was the hottest June in 140 years, setting a global record, according to the latest monthly global climate report released on Thursday by the U.S. National Oceanic and Atmospheric Administration. FILE PHOTO: A woman cools off at a fountain during hot weather at the Word War Two Memorial in Washington, DC, Read More

June 2019 was the hottest on record across the globe – NOAA

7 hours ago DieselGasoil Comments Off on June 2019 was the hottest on record across the globe – NOAA
(Reuters) – June 2019 was the hottest in 140 years, setting a global record, according to the latest monthly global climate report released on Thursday by the U.S. National Oceanic and Atmospheric Administration. FILE PHOTO: A woman cools off at a fountain during hot weather at the Word War Two Memorial in Washington, DC, U.S., Read More

Huawei dominates global race to 5G, inking over 50 contracts despite US crackdown

11 hours ago DieselGasoil Comments Off on Huawei dominates global race to 5G, inking over 50 contracts despite US crackdown
Chinese telecom giant Huawei has secured more than 50 commercial contracts for 5G across the world, according to the company’s board member and Senior Vice President Catherine Chen, who was cited by news agency Xinhua. Despite pressure from Washington on its allies to ban Huawei technology, Chen said that 28 contracts were signed in Europe. Read More

US big tech under attack: Spain to push ahead with tax on digital firms

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The global hunt on large technology firms continues, with now another country, Spain, seeking to force the companies to pay more in the markets where they operate. The country’s acting Economy Minister Nadia Calvino told news radio network Cadena Ser that the government’s “intention is to put (the tax) back on the table as soon Read More

Cloud growth fuels IBM profit beat

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(Reuters) – International Business Machines Corp beat analysts’ estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud business. FILE PHOTO: A man stands near an IBM logo at the Mobile World Congress in Barcelona, Spain, February 25, 2019. REUTERS/Sergio Perez/File Photo The company is relying on its cloud business Read More

Compliance with IMO 2020 likely around 90%-95% in initial years: consultant

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Singapore — Compliance with the International Maritime Organization’s global sulfur limit for marine fuels will likely settle around 90% or 95% in the initial years after 2020, well above some industry estimates that pointed to compliance of 70%-80% a year ago, a bunker industry veteran and senior partner at 2020 Marine Energy, Adrian Tolson, said Read More

As Fed nears rate cut, policymakers debate how deep, and even if

2 days ago DieselGasoil Comments Off on As Fed nears rate cut, policymakers debate how deep, and even if
CHICAGO (Reuters) – With the first U.S. interest rate reduction in a decade expected later this month, two Federal Reserve policymakers sketched out arguments on Tuesday on how deep the cut should be, even as a third said she needs more data before being ready to sign on at all. FILE PHOTO: Federal Reserve Bank Read More

United tops profit estimates as MAX woes prompt higher fares in robust travel market

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(Reuters) – United Airlines Holdings Inc (UAL.O) on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats after the grounding of Boeing Co’s (BA.N) 737 MAX reduced capacity. FILE PHOTO: United Airlines first new livery Boeing 737-800 sits at a gate after Read More