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Ford CEO open to investors in autonomous vehicles but cautious on VW

7 mins ago DieselGasoil Comments Off on Ford CEO open to investors in autonomous vehicles but cautious on VW
MIAMI (Reuters) – Ford Motor Co (F.N) Chief Executive Jim Hackett told Reuters the company was open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG (VOWG_p.DE) (VOWG.DE) was a “delicate dance.” Volkswagen’s supervisory board is scheduled to meet on Thursday to review Read More

USTR Lighthizer denies he said China tariffs on hold

3 hours ago DieselGasoil Comments Off on USTR Lighthizer denies he said China tariffs on hold
U.S. Trade Representative Robert Lighthizer gestures as he testifies before Senate Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing on the proposed budget estimates and justification for FY2019 for the Office of the United States Trade Representative, at the Dirksen Senate Office Building in Washington, U.S., July 26, 2018. REUTERS/Mary F. Calvert WASHINGTON (Reuters) Read More

USTR says next tranche of U.S. tariffs on imports from China on hold: FT

4 hours ago DieselGasoil Comments Off on USTR says next tranche of U.S. tariffs on imports from China on hold: FT
U.S. Trade Representative Robert Lighthizer gestures as he testifies before Senate Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing on the proposed budget estimates and justification for FY2019 for the Office of the United States Trade Representative, at the Dirksen Senate Office Building in Washington, U.S., July 26, 2018. REUTERS/Mary F. Calvert WASHINGTON (Reuters) Read More

Repsol to re-use existing North Sea platform

11 hours ago DieselGasoil Comments Off on Repsol to re-use existing North Sea platform
By Mikael Holter on 11/15/2018 OSLO (Bloomberg) — Oil companies have pushed through draconian cost cuts during the recent industry slump, but they’re not done yet.  Spain’s Repsol unveiled plans to re-use its Gyda platform in Norway’s North Sea on another field, an unprecedented step for a fixed installation, according to the head of Repsol’s Read More

Elderly couple trapped under gate after shocking runaway car crash

1 day ago DieselGasoil Comments Off on Elderly couple trapped under gate after shocking runaway car crash
CCTV footage shows the hair-raising moment an elderly couple were struck down and pinned by a 70kg metal garage door after a runaway car lurched right through it and onto the street. The horrifying incident took place in Paraíba do Sul, Rio de Janeiro, on Sunday morning. The elderly woman, 70, somehow managed to summon Read More

China industrial output, investment beat forecasts; retail sales miss expectations

2 days ago DieselGasoil Comments Off on China industrial output, investment beat forecasts; retail sales miss expectations
FILE PHOTO: Employees work next to steel wires at a Dongbei Special Steel plant in Dalian, Liaoning province, China November 2, 2018. REUTERS/Stringer BEIJING (Reuters) – China’s industrial output grew 5.9 percent in October from a year earlier and fixed-asset investment rose 5.7 percent in the first 10 months, both above forecasts, but retail sales Read More

Emerging debt, unlike most fixed income, not expensive: TCW's Foley

2 days ago DieselGasoil Comments Off on Emerging debt, unlike most fixed income, not expensive: TCW's Foley
NEW YORK (Reuters) – Emerging market debt is a rare fixed-income class that does not look too expensive, and could be an even more attractive investment if the U.S. dollar weakens, according to Penny Foley, portfolio manager for TCW Group Inc’s emerging markets and international equities groups. Penny Foley, Portfolio Manager for the TCW Emerging Read More

U.S. pigs out on bacon, ribs as trade wars cut chicken demand

2 days ago DieselGasoil Comments Off on U.S. pigs out on bacon, ribs as trade wars cut chicken demand
CHICAGO (Reuters) – Americans are losing their taste for chicken and eating more beef and pork as President Donald Trump’s trade wars reduce U.S. pork exports to China and Mexico and leave cheaper bacon and ribs at home. FILE PHOTO: Bacon is fried up in a pan in a kitchen in this photo illustration in Read More

Trump's steel tariffs create big profits but few new jobs

2 days ago DieselGasoil Comments Off on Trump's steel tariffs create big profits but few new jobs
SEDALIA, Missouri (Reuters) – Nucor Corp, America’s largest steelmaker, planned a new plant in Sedalia, Missouri, long before U.S. President Donald Trump imposed tariffs to protect the industry – and it does not need them to make money. Residents sit on their porch in Sedalia, Missouri, U.S., October 3, 2018. Picture taken October 3, 2018. Read More

Day X: Germany's far-right commandos reportedly plotted to kill top politicians when order 'falls'

5 days ago DieselGasoil Comments Off on Day X: Germany's far-right commandos reportedly plotted to kill top politicians when order 'falls'
A far-right underground network made up of members of Germany’s elite commando force and military veterans planned to kill top politicians upon the collapse of order in the country, a sensational media report claims. German police have reportedly uncovered a clandestine far-right network which allegedly had “concrete plans” for what they called “Day X” – Read More