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UBS taps BoE adviser van Steenis for sustainable finance, IR roles

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FILE PHOTO: A man walks past a UBS logo projected on a screen in Singapore, January 14, 2019. REUTERS/Feline Lim/File Photo ZURICH (Reuters) – UBS Group (UBSG.S) has hired Huw van Steenis, a former senior adviser to Bank of England Governor Mark Carney, to head investor relations and a new sustainable finance committee at Switzerland’s Read More

Maha Energy AB (publ) (“Maha” or the “Company”) announces a revision to its 2019 Production Forecast, and update on Tie Field Production Commissioning

5 hours ago DieselGasoil Comments Off on Maha Energy AB (publ) (“Maha” or the “Company”) announces a revision to its 2019 Production Forecast, and update on Tie Field Production Commissioning
­­­Maha Energy AB (publ)Strandvägen 5ASE-114 51 Stockholmwww.mahaenergy.ca Press releaseStockholmAugust 23, 2019 Maha Energy AB (publ) (“Maha” or the “Company”) announces a revision to its 2019 Production Forecast, and update on Tie Field Production Commissioning Revised Production ForecastOn March 8, 2019 the Company provided its 2019 net annual average expected production estimate of 3,990 BOPD.   Despite Read More

Malaysia’s Mahathir says linking palm oil to deforestation ‘baseless’

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KUALA LUMPUR (Reuters) – Malaysian Prime Minister Mahathir Mohamad on Friday said linking the production of palm oil to deforestation was “baseless, unfair and unjustified”, and that the industry has grown responsibly. FILE PHOTO – Land that has been cleared is pictured at an oil palm plantation in Johor, Malaysia February 26, 2019. REUTERS/Edgar Su Read More

Swiss telco Sunrise fights to save $6.4 billion Liberty deal

1 day ago DieselGasoil Comments Off on Swiss telco Sunrise fights to save $6.4 billion Liberty deal
ZURICH (Reuters) – Swiss telecoms firm Sunrise Communications on Thursday stepped up efforts to rescue its takeover of Liberty Global’s Swiss unit amid criticism from its top shareholder, saying it had found new synergies and could cut a planned rights issue to fund the deal. FILE PHOTO: The company’s logo is pictured at a shop Read More

Trump attacks Ford Motor for not backing fuel economy rollback

1 day ago DieselGasoil Comments Off on Trump attacks Ford Motor for not backing fuel economy rollback
WASHINGTON (Reuters) – U.S. President Donald Trump stepped up a series of attacks on automakers on Wednesday for not backing his administration’s plan to roll back Obama-era fuel efficiency rules, singling out Ford Motor Co (F.N) in particular for backing a deal with California for stricter fuel economy standards. FILE PHOTO: U.S. President Donald Trump Read More

Going for gold: Russia boosts bullion stockpile by 9 tons in July

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Russia’s gold reserves rose by 9 tons in July, increasing the value of the bullion holdings by 1.64% to a hefty $101.923 billion (€92 billion), as of August 1. Official figures show gold now accounts for 19.6% of the total reserves of the Russian Federation. July’s gold purchases brought the country’s gold reserves to a Read More

General Electric renews defense against charges of bogus accounting

4 days ago DieselGasoil Comments Off on General Electric renews defense against charges of bogus accounting
FILE PHOTO: A traffic light is seen in front of a logo of General Electric at the company’s plant in Birr, Switzerland June 17, 2019. REUTERS/Arnd Wiegmann/File Photo NEW YORK (Reuters) – General Electric Co (GE.N) further defended itself on Monday against fraud investigators who said last week the Boston-based conglomerate had failed to put Read More

One-hit wonder? Revolutionary CRISPR machine can edit hundreds of genes at once

4 days ago DieselGasoil Comments Off on One-hit wonder? Revolutionary CRISPR machine can edit hundreds of genes at once
The revolutionary CRISPR gene editing machine has undergone an incredible upgrade to edit “dozens or even hundreds of genes” at once, allowing scientists to reprogram entire gene networks in one fell swoop. Previously, in the best case scenario, the CRISPR-Cas technique could only modify a handful of genes simultaneously and usually it could only manage Read More

Zalando to deliver orders for Adidas French website

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BERLIN (Reuters) – Online fashion retailer Zalando (ZALG.DE) has launched a pilot to deliver orders placed by customers in Paris on the website of Adidas (ADSGn.DE) as it extends moves to allow brands to use the logistics network it has built for its own ecommerce business. An employee places parcels of online mail order company Read More

Novartis to answer U.S. Senate demand for data manipulation details

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FILE PHOTO: Swiss drugmaker Novartis’ logo is seen at the company’s plant in the northern Swiss town of Stein, Switzerland October 23, 2017. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – Novartis (NOVN.S) plans to answer a U.S. senator who demanded details about data manipulation related to its gene therapy Zolgensma, amid scrutiny of the Swiss drugmaker’s Read More