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Union Pacific cost cuts sheltered profit amid freight slowdown

2 days ago DieselGasoil Comments Off on Union Pacific cost cuts sheltered profit amid freight slowdown
(Reuters) – Union Pacific Corp (UNP.N) on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates to overcome disruptions from record floods in the Midwest and ongoing U.S.-China trade tensions. FILE PHOTO: Locomotives at Union Pacific’s Engelwood rail yard wait to return to service Read More

Air France should face trial for manslaughter & negligence over Rio de Janeiro crash – prosecutors

3 days ago DieselGasoil Comments Off on Air France should face trial for manslaughter & negligence over Rio de Janeiro crash – prosecutors
Air France could face trial for manslaughter and negligence over the 2009 crash which killed 228 people on a flight from Rio de Janeiro to Paris, if new advice from French prosecutors is followed. Prosecutors have recommended that Air France face trial, concluding that the company was aware of technical problems with a speed-measuring instrument Read More

No fast exit from Permian oil for private equity, RS Energy says

4 days ago DieselGasoil Comments Off on No fast exit from Permian oil for private equity, RS Energy says
By Rachel Adams-Heard on 7/16/2019 HOUSTON (Bloomberg) — Private equity has been ramping up its investment in Permian basin oil and natural gas production, but the old strategy of selling out after a few years is no more, according to RS Energy Group. Simply tapping a team of oil executives to find a good spot Read More

Undersea quake near Indonesia’s Bali causes panic, minor damage

5 days ago DieselGasoil Comments Off on Undersea quake near Indonesia’s Bali causes panic, minor damage
DENPASAR, Indonesia (Reuters) – An undersea earthquake with a magnitude of 6.1 struck south of Indonesia’s Bali on Tuesday, the European earthquake monitoring agency EMSC said, causing minor damage and prompting residents and visitors on the tourist island to briefly flee buildings. Motorists pass a damaged gate following an earthquake in Nusa Dua, Bali, Indonesia, Read More

Undersea quake south of Indonesia’s Bali causes brief panic

5 days ago DieselGasoil Comments Off on Undersea quake south of Indonesia’s Bali causes brief panic
JAKARTA (Reuters) – An undersea earthquake with a magnitude of 6.1 struck south of Indonesia’s Bali on Tuesday, the European earthquake monitoring agency EMSC said, causing some residents and visitors on the tourist island to briefly rush out of buildings. An Indonesian soldier looks at a Hindu temple damaged following an earthquake in Denpasar, Bali, Read More

Huge search in Poland for boy, 5, whose father was killed by train

5 days ago DieselGasoil Comments Off on Huge search in Poland for boy, 5, whose father was killed by train
The biggest police search in Poland’s history is under way for a five-year-old boy whose father is believed to have killed himself. Police are using drones and sniffer dogs to comb thousands of acres of land and abandoned buildings as the hunt for Dawid Zukowski goes on for a fifth day. The search began after Read More

‘Absolute monster bluffer’: Poker AI smashes elite human players after 8 days of training

1 week ago DieselGasoil Comments Off on ‘Absolute monster bluffer’: Poker AI smashes elite human players after 8 days of training
The list of things that AI can do better than us mere humans has a new addition: bluffing in a Texas Hold ’em poker game. And it was amazingly cheap to train and operate, unlike some previous algorithmic champion players. Human players simply didn’t stand a chance against Pluribus, an AI system developed by researchers Read More

Volvo CEO laments Sweden’s high crime rate, says company might move its HQ abroad

1 week ago DieselGasoil Comments Off on Volvo CEO laments Sweden’s high crime rate, says company might move its HQ abroad
The head of the Swedish car manufacturer Volvo has created quite a stir at home, saying that his company struggles to attract foreign specialists due to the lack of public security and may be considering moving elsewhere. Speaking to the daily Svenska Dagbladet, Volvo CEO Hakan Samuelsson lamented the fact that the auto manufacturer has Read More

Pieridae Negotiates Extensions of Key Deadlines in Its Long-Term LNG Agreement With Uniper

1 week ago DieselGasoil Comments Off on Pieridae Negotiates Extensions of Key Deadlines in Its Long-Term LNG Agreement With Uniper
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORDISSEMINATION IN UNITED STATES CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) — Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announced it has negotiated extensions of the key deadlines under its 20-year agreement with German utility Uniper. These include expected commercial deliveries of gas Read More