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RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results

4 days ago DieselGasoil Comments Off on RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results
Quarterly revenue of $60.2 million; net loss of $49.7 million or $2.62 per share Full year 2018 revenue of $238.9 million; net loss of $62.5 million or $3.34 per share Quarterly and full year results include a $50.6 million non-cash charge, net of previous accruals, for the Phase I interim GX ruling (the GX Charge), Read More

UBS, StanChart settle 2009 Hong Kong IPO misconduct case

1 week ago DieselGasoil Comments Off on UBS, StanChart settle 2009 Hong Kong IPO misconduct case
HONG KONG (Reuters) – UBS Group AG and Standard Chartered PLC have agreed to settle a case of alleged misconduct related to a 2009 IPO in Hong Kong, in a move expected to end uncertainty about the Swiss bank’s ability to lead stock listings in the city. FILE PHOTO: A UBS advertisement is displayed on Read More

UBS, StanChart agree to settle 2009 Hong Kong IPO misconduct case: regulator's counsel

1 week ago DieselGasoil Comments Off on UBS, StanChart agree to settle 2009 Hong Kong IPO misconduct case: regulator's counsel
HONG KONG (Reuters) – UBS Group AG and Standard Chartered PLC have agreed to settle a case of alleged misconduct related to a 2009 initial public offering (IPO) in Hong Kong, a counsel for the market regulator said at a tribunal hearing on Monday. FILE PHOTO: A UBS advertisement is displayed on top of a Read More

Exclusive: Saudi court approves detained tycoon Sanea's bankruptcy filing

1 week ago DieselGasoil Comments Off on Exclusive: Saudi court approves detained tycoon Sanea's bankruptcy filing
DUBAI/RIYADH (Reuters) – A Saudi court has approved an application by detained and indebted billionaire Maan al-Sanea and his company, Saad, to have their case resolved through the kingdom’s new bankruptcy law, the company’s financial adviser and two sources familiar with the matter told Reuters. People gather as Saudi authorities auction vehicles and other possessions Read More

Uber to give back ‘criminally earned capital’ as part of $2.6 million fine to Netherlands

2 weeks ago DieselGasoil Comments Off on Uber to give back ‘criminally earned capital’ as part of $2.6 million fine to Netherlands
Ride-hailing firm Uber has agreed to pay €2.33 million (US$2.6 million) in a settlement with Dutch prosecutors over the illegal activities of its UberPop service in the Netherlands in 2014 and 2015. The Dutch Public Prosecution Service announced on Friday the US-based company will have to pay fines totaling around €2.025 million across the four Read More

Volkswagen India says will contest green court's $71 million penalty

2 weeks ago DieselGasoil Comments Off on Volkswagen India says will contest green court's $71 million penalty
A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse BENGALURU/NEW DELHI (Reuters) – Volkswagen will challenge a ruling by an Indian environment court that imposed a fine of 5 billion rupees ($71 million) on the German carmaker for emission Read More

Venezuelan VP tells RT how Caracas fights sanctions & what awaits Guaido once he's back

2 weeks ago DieselGasoil Comments Off on Venezuelan VP tells RT how Caracas fights sanctions & what awaits Guaido once he's back
Caracas will use all legal means available to protect its assets in Europe and the US from illegal seizure, Venezuela’s Vice President Delcy Rodriguez told RT. She also spoke about the self-proclaimed ‘president’ Juan Guaido. In an exclusive interview with RT, Rodriguez said the Venezuelan government has already taken “concrete legal steps” to claim back Read More

US-backed Venezuela ‘president’ Guaido faces 30 years in prison – judge

3 weeks ago DieselGasoil Comments Off on US-backed Venezuela ‘president’ Guaido faces 30 years in prison – judge
Opposition politician Juan Guaido, who declared himself president of Venezuela with US backing, is facing up to 30 years in prison, a judge said. Meanwhile, US is threatening new sanctions against Caracas to compel regime change. Guaido’s visit to Colombia on February 22 violated the travel ban imposed by Venezuela’s supreme court, deputy judge of Read More

Enerflex Announces Record Bookings and Backlog with Fourth Quarter 2018 Financial Results and Quarterly Dividend

4 weeks ago DieselGasoil Comments Off on Enerflex Announces Record Bookings and Backlog with Fourth Quarter 2018 Financial Results and Quarterly Dividend
CALGARY, Alberta, Feb. 21, 2019 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or “the Company” or “we” or “our”), a leading supplier of products and services to the global energy industry, today reported its financial and operating results for the three and twelve months ended December 31, 2018. Summary Table of Fourth Quarter and Twelve Read More

India's top court order revokes order to open Vedanta smelter

4 weeks ago DieselGasoil Comments Off on India's top court order revokes order to open Vedanta smelter
FILE PHOTO: Police stand guard outside a copper smelter controlled by London-listed Vedanta Resources in Thoothukudi in the southern state of Tamil Nadu, India, May 28, 2018. REUTERS/Sudarshan Varadhan NEW DELHI (Reuters) – India’s Supreme Court on Monday set aside an order by an environmental court which had cleared the way for reopening Vedanta’s south Read More