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‘Thanks for independence’: Ukraine’s schismatic Patriarch bestows highest award on ex-CIA ops chief

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The head of the schismatic Ukrainian Orthodox Church of Kiev Patriarchate expressed his gratitude to the ex-CIA associate director, acknowledging his support for the church’s break with Moscow. Patriarch Filaret presented former CIA Associate Director Jack Devine with the Order of St. Andrew, the church’s highest decoration, local media reported on Thursday. The cleric thanked Read More

South Korea stopped importing condensate from Iran before receiving sanctions waivers

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December 13, 2018 Source: U.S. Energy Information Administration, based on ClipperData, LLC South Korea, the world’s leading importer of condensates, has sought alternatives to partially offset declines in imports of Iranian condensates during the past few months, particularly in light of U.S. sanctions on Iranian exports of crude oil and condensate. South Korea purchased close Read More

Incoming Thyssenkrupp board member Merz favorite for chairwoman: sources

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FRANKFURT/DUESSELDORF, Germany (Reuters) – Incoming Thyssenkrupp (TKAG.DE) supervisory board member Martina Merz has emerged as favorite to become head of the steel-to-submarines conglomerate’s supervisory board, three people familiar with the matter told Reuters on Wednesday. FILE PHOTO: A logo of Thyssenkrupp AG is pictured at the company’s headquarters in Essen, Germany, November 21, 2018. REUTERS/Thilo Read More

Arrest of Huawei 'heiress' throws rare spotlight on family

1 week ago DieselGasoil Comments Off on Arrest of Huawei 'heiress' throws rare spotlight on family
HONG KONG (Reuters) – Like many top Chinese executives, Meng Wanzhou is a mysterious figure even in her home country, but the 46-year-old chief financial officer of Huawei Technologies had been widely tipped to one day take the helm of the tech giant her father founded. Russia’s President Vladimir Putin (L) and Meng Wanzhou, Executive Read More

'Church serfdom': Constantinople won't hand Kiev independence, new statute reveals

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For all Kiev’s hopes of a “fully independent” Orthodox church in Ukraine, it turns out that Constantinople has its own plans. A statute shows the new church to be in a subordinate position and not led by a patriarch. In recent months, the Kiev government and Ukraine’s priests seeking to have an internationally accepted Orthodox Read More

Moray East Signs Firm Order with MHI Vestas Offshore Wind

1 week ago DieselGasoil Comments Off on Moray East Signs Firm Order with MHI Vestas Offshore Wind
News release from Vestas Wind Systems A/SAarhus, 06 December 2018 Confirming the largest MW project to date in the company’s history, MHI Vestas will supply 100 V164-9.5 MW turbines for the 950 MW project to be installed in Scotland’s Moray Firth. The project references Vestas Wind Systems A/S’ company announcement No. 30/2018. MHI Vestas Offshore Wind Read More

HPE quarterly results top estimates on higher server demand

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FILE PHOTO – Signs for Hewlett Packard Enterprise Co., cover the facade of the New York Stock Exchange November 2, 2015. REUTERS/Brendan McDermid (Reuters) – Hewlett Packard Enterprise Co beat analysts’ estimates for quarterly profit and revenue on Tuesday, driven by higher demand for its storage and data center networking products. HPE’s annual sales have Read More

Ryanair sidesteps unions by ramping up ultra-low-cost unit

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WARSAW/DUBLIN (Reuters) – Ryanair (RYA.I) is ramping up a new subsidiary with weaker labor rights to better compete in eastern Europe, infuriating staff and unions by bypassing concessions granted during a year of industrial strife. FILE PHOTO: A Ryanair airplane taxis past two parked aircraft at Weeze Airport, near the German-Dutch border, during a strike Read More

Volvo Cars has no current plans for stockmarket listing: CEO

2 weeks ago DieselGasoil Comments Off on Volvo Cars has no current plans for stockmarket listing: CEO
STOCKHOLM/LOS ANGELES (Reuters) – Volvo Cars, owned by China’s Geely, has no current plans to go for a stockmarket listing, its chief executive said, more than two months after the Swedish carmaker postponed its flotation blaming trade tensions and an automotive stocks downturn. FILE PHOTO: Hakan Samuelsson, President and Chief Executive Officer of Volvo, smiles Read More