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U.S. arms makers see booming European demand as threats multiply

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PARIS (Reuters) – U.S. arms makers say European demand for fighter jets, missile defenses and other weapons is growing fast amid heightened concerns about Russia and Iran. A Lockheed Martin F-16 fighter of the Belgian Air Force performs at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 22, 2019. Read More

General Electric to scrap California power plant 20 years early

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NEW YORK (Reuters) – General Electric Co said on Friday it plans to demolish a large power plant it owns in California after only one-third of its useful life because the plant is no longer economically viable. FILE PHOTO: A traffic light is seen in front of a logo of General Electric at the company’s Read More

Huawei says European smart phones sales up ‘in past few days’

3 days ago DieselGasoil Comments Off on Huawei says European smart phones sales up ‘in past few days’
ZURICH (Reuters) – Huawei smartphone sales in Western Europe have risen “in the past few days” as customers grow more confident the Chinese company will weather U.S. sanctions imposed last month, an executive for the Chinese firm said on Friday. An employee displays a Huawei 5G Smartphone Mate 20X smartphone at a Sunrise telecommunications shop Read More

Nuclear waste, rising seas and Trump: Marshall Islands struggles to stay above water

3 days ago DieselGasoil Comments Off on Nuclear waste, rising seas and Trump: Marshall Islands struggles to stay above water
GENEVA (Reuters) – The Marshall Islands is literally struggling to stay above water but its President Hilda Heine told Reuters she had saved her breath rather than try to persuade U.S. President Donald Trump to hear its climate change message. Marshall Islands President Hilda Heine speaks with Reuters in Geneva, Switzerland, June 20, 2019. REUTERS/Denis Read More

Hungary sees no security risk from Huawei as it sets out to build its 5G network

3 days ago DieselGasoil Comments Off on Hungary sees no security risk from Huawei as it sets out to build its 5G network
Hungary does not see any evidence that Chinese tech giant Huawei poses a security threat as alleged by Washington, according to the country’s Innovation and Technology Minister. “We have taken a rather pragmatic stance, the same, in fact, as Germany. It has not been proven that Huawei’s technology would pose any risk to Hungary, as Read More

First Murban cargo declared through Dubai MOC process

4 days ago DieselGasoil Comments Off on First Murban cargo declared through Dubai MOC process
Singapore — The Platts crude Market on Close assessment process in Asia saw its first cargo of Murban crude declared via a convergence of Dubai partials on Thursday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now France’s Total declared the 500,000 barrel clip of Abu Dhabi light sour crude Read More

Boeing in talks for more 737 MAX orders after IAG

4 days ago DieselGasoil Comments Off on Boeing in talks for more 737 MAX orders after IAG
FILE PHOTO: Visitors talk on the Boeing stand during the European Business Aviation Convention & Exhibition (EBACE) at Cointrin Airport in Geneva, Switzerland May 21, 2019. REUTERS/Denis Balibouse/File Photo PARIS (Reuters) – Boeing is in talks with other airlines for sales of its grounded 737 MAX after receiving a letter of intent for 200 planes Read More

BP urges EPA to work with automakers to improve vehicle fuel efficiency

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FILE PHOTO: The logo of BP is seen at a petrol station in Kloten, Switzerland October 3, 2017. REUTERS/Arnd Wiegmann/File Photo WASHINGTON (Reuters) – BP PLC has urged the head of the U.S Environmental Protection Agency to keep working with automakers to improve vehicle fuel efficiency as the Trump administration considers freezing the requirements at Read More

Instant view: Fed holds interest rates steady, sets up for cuts

5 days ago DieselGasoil Comments Off on Instant view: Fed holds interest rates steady, sets up for cuts
NEW YORK (Reuters) – The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased economic uncertainty and a drop in expected inflation. FILE PHOTO: The Federal Reserve building is pictured in Read More