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New round of U.S.-China trade talks to begin in Washington on Tuesday

15 hours ago DieselGasoil Comments Off on New round of U.S.-China trade talks to begin in Washington on Tuesday
WASHINGTON (Reuters) – A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later in the week, the White House said on Monday. The talks follow a round of negotiations that ended in Beijing last Read More

Quadriga: The cryptocurrency exchange that lost $135m

1 day ago DieselGasoil Comments Off on Quadriga: The cryptocurrency exchange that lost $135m
When the 30-year-old founder of a Canadian cryptocurrency exchange died suddenly, he took the whereabouts of some C$180m ($135m; £105m) in cryptocurrency to his grave. Now, tens of thousands of Quadriga CX users are wondering if they will ever see their funds again. In 2014, one of the world’s biggest online cryptocurrency exchanges – MtGox Read More

Israel to withhold $138mn from Palestinian taxes it collects, citing support of prisoners

2 days ago DieselGasoil Comments Off on Israel to withhold $138mn from Palestinian taxes it collects, citing support of prisoners
Tel Aviv has decided to deduct some $138 million from the amount of taxes it collected on behalf of Palestine. It comes in retaliation to stipends the Palestinian Authority pays to families jailed over violent anti-Israeli crimes. The move was announced by the Security Cabinet of Israel on Sunday, as it decided to put into Read More

Visa, Mastercard mull increasing fees for processing transactions: WSJ

3 days ago DieselGasoil Comments Off on Visa, Mastercard mull increasing fees for processing transactions: WSJ
(Reuters) – Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions from this April, the Wall Street Journal reported on Friday, citing people familiar with the matter. FILE PHOTO: A Mastercard logo is seen on a credit card in this Read More

India to continue buying Venezuelan oil despite US warning

3 days ago DieselGasoil Comments Off on India to continue buying Venezuelan oil despite US warning
India will look into commercial considerations and related factors to determine the value of oil imports from any country, an Indian official said, after a top US official warned countries against buying oil from Venezuela. Earlier this week, U.S. National Security Advisor John Bolton warned countries and companies against buying crude oil from Venezuela, after Read More

Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade

4 days ago DieselGasoil Comments Off on Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade
MEXICO CITY (Reuters) – Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix. FILE PHOTO: A digital LED price sign of state-owned company Petroleos Mexicanos (PEMEX) shows their Read More

Mexico will do whatever it takes to prevent Pemex downgrade

4 days ago DieselGasoil Comments Off on Mexico will do whatever it takes to prevent Pemex downgrade
MEXICO CITY (Reuters) – Mexico will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes and refinancing debt, officials said on Friday, promising to do “whatever is takes” to strengthen its finances and prevent a further credit downgrade. FILE PHOTO: A gas station of state oil firm Petroleos Mexicanos (Pemex), which Read More

Mexico to pump $3.6 billion to relieve ailing Pemex, more if needed

4 days ago DieselGasoil Comments Off on Mexico to pump $3.6 billion to relieve ailing Pemex, more if needed
MEXICO CITY (Reuters) – Mexico will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes and refinancing debt, officials said Friday, promising to do “whatever is takes” to strengthen its finances and prevent a further credit downgrade. FILE PHOTO: A gas station of state oil firm Petroleos Mexicanos (Pemex), which is Read More

Slovenian MP resigns after admitting to ‘social experiment’ sandwich theft

4 days ago DieselGasoil Comments Off on Slovenian MP resigns after admitting to ‘social experiment’ sandwich theft
A member of Slovenia’s parliament has resigned after fessing up to stealing a sandwich from a shop in Ljubljana, claiming that frustration over inattentive staff prompted the hoagie heist. Darij Krajcic, a member of the ruling Marjan Sarec List (LMS), told Slovenian media that he walked out of a supermarket without paying for a sandwich Read More

Malaysian court allows ex-Goldman banker to return to U.S. to face 1MDB charges

5 days ago DieselGasoil Comments Off on Malaysian court allows ex-Goldman banker to return to U.S. to face 1MDB charges
KUALA LUMPUR (Reuters) – Roger Ng, a former Goldman Sachs Group Inc banker caught up in the 1Malaysia Development Berhad (1MDB) fraud scandal, will be allowed to return to the United States to face criminal charges against him there, a Malaysian court ruled on Friday. A man walks past a 1 Malaysia Development Berhad (1MDB) Read More