newszine

‘ISIS here, & drugs everywhere’: Minorities face violence in notorious refugee camp, new doc shows

1 week ago DieselGasoil Comments Off on ‘ISIS here, & drugs everywhere’: Minorities face violence in notorious refugee camp, new doc shows
Kurds and Yazidis are in fear of their lives as they get attacked by radicals while trying to survive amid rampant lawlessness in an overcrowded refugee camp on the Greek island of Lesbos, a new documentary has learned. “My life has been in danger since the first day I arrived here. I haven’t got a Read More

Shell says it can be world's top power producer and profit

1 week ago DieselGasoil Comments Off on Shell says it can be world's top power producer and profit
By Kevin Crowley, Alix Steel and Kelly Gilblom on 3/12/2019 HOUSTON, NEW YORK and LONDON (Bloomberg) — Royal Dutch Shell plans to become the world’s biggest power company within 15 years, a move that suggests it sees climate change as a bigger threat to its business than electricity’s historically weak returns. The world’s No. 2 Read More

Rio Tinto talking to Apple on next step of carbon-free aluminum project

2 weeks ago DieselGasoil Comments Off on Rio Tinto talking to Apple on next step of carbon-free aluminum project
WEIPA, Australia (Reuters) – Rio Tinto is in talks to move into the next phase of an agreement with Apple, Chief Executive Jean-Sebastien Jacques said on Friday, as the miner looks to transition its aluminum business to tap a low-carbon economy. Workers talk at Rio Tinto’s Amrun bauxite mine in Cape York, on the north-eastern Read More

As trade wars rage, Emerson plots new U.S. expansion

2 weeks ago DieselGasoil Comments Off on As trade wars rage, Emerson plots new U.S. expansion
Ferguson, Mo. (Reuters) – In 2009, the chief executive of Emerson Electric Co. bluntly told investors at a Chicago conference what many of his counterparts at other manufacturing firms would only say privately. Workers produce some of the specialized valves at Emerson Electric Co.’s factory in Marshalltown, Iowa, U.S., July 26, 2018. Picture taken on Read More

Germany won’t ban Huawei & ready to oppose US pressure – economy minister

2 weeks ago DieselGasoil Comments Off on Germany won’t ban Huawei & ready to oppose US pressure – economy minister
Germany does not intend to prevent Chinese tech giant Huawei from developing 5G networks, the country’s economy minister said, adding that the EU stands ready to defend its interests, should a trade war with Washington escalate. Berlin will not pre-emptively ban any specific companies from bidding for contracts to develop the country’s next generation 5G Read More

Germany won’t ban Huawei’s 5G equipment, is ready to oppose US pressure – Economy minister

2 weeks ago DieselGasoil Comments Off on Germany won’t ban Huawei’s 5G equipment, is ready to oppose US pressure – Economy minister
Germany does not intend to prevent Chinese tech giant Huawei from developing 5G networks, the country’s economy minister said, adding that the EU stands ready to defend its interests, should a trade war with Washington escalate. Berlin will not pre-emptively ban any specific companies from bidding for contracts to develop the country’s next generation 5G Read More

US trade deficit soars to decade high of $621 billion despite Trump pledge to bridge the gap

2 weeks ago DieselGasoil Comments Off on US trade deficit soars to decade high of $621 billion despite Trump pledge to bridge the gap
Despite the trade war against China and numerous import tariffs imposed on a number of countries, the US trade deficit hit a 10-year high of $621 billion last year, the US Commerce Department reported. In December alone, the imbalance in trade, which represents the difference between the values of imported goods and services and the Read More

China's Hebei province to cut steel capacity in bid to boost air quality: party official

2 weeks ago DieselGasoil Comments Off on China's Hebei province to cut steel capacity in bid to boost air quality: party official
BEIJING (Reuters) – China’s top steelmaking region of Hebei will cut 14 million tonnes of annual steelmaking capacity both this year and next year as it strives to improve air quality, the province’s Communist Party head said on Thursday. FILE PHOTO: A woman wearing a mask walks past buildings on a polluted day in Handan, Read More

China's Hebei to cut steel capacity in 2019-2020 to improve air quality: party official

2 weeks ago DieselGasoil Comments Off on China's Hebei to cut steel capacity in 2019-2020 to improve air quality: party official
BEIJING (Reuters) – China’s top steelmaking region of Hebei will cut 14 million tonnes of annual steelmaking capacity in both this year and next year as it strives to improve air quality, the province’s Communist Party head said on Thursday. FILE PHOTO: A woman wearing a mask walks past buildings on a polluted day in Read More

Shawcor Ltd. Announces Fourth Quarter 2018 Results

2 weeks ago DieselGasoil Comments Off on Shawcor Ltd. Announces Fourth Quarter 2018 Results
Fourth quarter 2018 revenue was $354 million, an increase of 1% from the $351 million reported in the third quarter of 2018 and 17% lower than the $427 million reported in the fourth quarter of 2017. Adjusted EBITDA1 in the fourth quarter of 2018 was $24 million, a decrease of 37% from the $38 million Read More