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HK suspends UBS sponsor license, fines it and others $100 million for IPO failures

5 days ago DieselGasoil Comments Off on HK suspends UBS sponsor license, fines it and others $100 million for IPO failures
HONG KONG (Reuters) – Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for a year, while fining it and rivals including Morgan Stanley a combined $100 million for due diligence failures on a series of IPOs. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Read More

Senate Energy Committee leaders say they get along fine

7 days ago DieselGasoil Comments Off on Senate Energy Committee leaders say they get along fine
By Kurt Abraham, Editor-in-Chief, World Oil on 3/12/2019 HOUSTON — If they said it once, they must have said it five times: Senate Energy Committee Chairman Lisa Murkowski (Rep.–Alaska) and Ranking Minority Member Joe Manchin (Dem.-W.V.) wanted the late-afternoon crowd on Monday at CERAWeek in Houston to know that they really do get along and Read More

UBS, StanChart settle 2009 Hong Kong IPO misconduct case

1 week ago DieselGasoil Comments Off on UBS, StanChart settle 2009 Hong Kong IPO misconduct case
HONG KONG (Reuters) – UBS Group AG and Standard Chartered PLC have agreed to settle a case of alleged misconduct related to a 2009 IPO in Hong Kong, in a move expected to end uncertainty about the Swiss bank’s ability to lead stock listings in the city. FILE PHOTO: A UBS advertisement is displayed on Read More

UBS, StanChart agree to settle 2009 Hong Kong IPO misconduct case: regulator's counsel

1 week ago DieselGasoil Comments Off on UBS, StanChart agree to settle 2009 Hong Kong IPO misconduct case: regulator's counsel
HONG KONG (Reuters) – UBS Group AG and Standard Chartered PLC have agreed to settle a case of alleged misconduct related to a 2009 initial public offering (IPO) in Hong Kong, a counsel for the market regulator said at a tribunal hearing on Monday. FILE PHOTO: A UBS advertisement is displayed on top of a Read More

NHL: Mobile games company Playtika becomes partner of Canadiens

2 weeks ago DieselGasoil Comments Off on NHL: Mobile games company Playtika becomes partner of Canadiens
FILE PHOTO: Feb 26, 2019; Detroit, MI, USA; Montreal Canadiens center Max Domi (13) skates with the puck during the third period against the Detroit Red Wings at Little Caesars Arena. Mandatory Credit: Raj Mehta-USA TODAY Sports/File Photo (Reuters) – Leading mobile games company Playtika has become a partner of the National Hockey League’s Montreal Read More

Facebook expands ad buying options for premium video

3 weeks ago DieselGasoil Comments Off on Facebook expands ad buying options for premium video
FILE PHOTO: The logo of Facebook is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau/File Photo NEW YORK (Reuters) – Facebook Inc on Tuesday launched new advertising options for its premium video content to attract marketers hoping to buy ad spots in a similar manner to Read More

UK to ban Hezbollah under anti-terror laws

3 weeks ago DieselGasoil Comments Off on UK to ban Hezbollah under anti-terror laws
Britain is to ban Hezbollah under anti-terror laws, the home secretary has announced. The Lebanon-based group’s military wing is already outlawed, but the ban will be extended to its political arm. Sajid Javid said: “Hezbollah is continuing in its attempts to destabilise the fragile situation in the Middle East – and we are no longer Read More

Delek Logistics Partners, LP Reports Fourth Quarter and Full Year 2018 Results

4 weeks ago DieselGasoil Comments Off on Delek Logistics Partners, LP Reports Fourth Quarter and Full Year 2018 Results
Declared fourth quarter distribution of $0.81 per limited partner unit; increased by 11.7% percent year-over-year Annual net cash from operations was $148.0 million Annual distributable cash flow up 43% year over year compared to 2017 Distributable cash flow coverage ratio of 1.19x for 2018 Balance sheet positioned to support future growth; Total leverage ratio of Read More

‘Profiting from pain’: Amazon under fire for selling ‘gay cure’ books

1 month ago DieselGasoil Comments Off on ‘Profiting from pain’: Amazon under fire for selling ‘gay cure’ books
LGBTQ advocates are incensed following revelations this week that multinational e-commerce giant Amazon is selling gay conversion therapy books, “promoting hatred, abuse, and self-harm,” in the process. Award-winning author and LGBTQ rights activist Damian Barr raised the issue online, accusing Amazon of taking sides by allowing people to profit by pushing harmful, pseudoscientific ‘treatments.’ Among Read More