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Deforestation in Brazil, vote in Argentina endanger EU-Mercosur pact

4 days ago DieselGasoil Comments Off on Deforestation in Brazil, vote in Argentina endanger EU-Mercosur pact
BRASILIA (Reuters) – Brazil’s backsliding on Amazon conservation under right-wing President Jair Bolsonaro and a likely Peronist return to power in Argentina could delay or even derail ratification of an EU-Mercosur trade agreement that took two decades to negotiate. FILE PHOTO: An aerial view of a tract of Amazon jungle recently cleared by loggers and Read More

Lundin Petroleum ups Edvard Grieg guidance, reassures on Sverdrup

3 weeks ago DieselGasoil Comments Off on Lundin Petroleum ups Edvard Grieg guidance, reassures on Sverdrup
Highlights Edvard Grieg plateau extended to end-2022 Q2 oil and gas output drops 6% on year Exploration drilling yields lackluster results London — Swedish-owned Lundin Petroleum on Wednesday raised its output guidance for the Edvard Grieg field offshore Norway and offered assurances on the giant Johan Sverdrup project, after its Q2 production slipped and operating Read More

As rural India develops taste for chocolate, a dominant Mondelez extends its reach

3 weeks ago DieselGasoil Comments Off on As rural India develops taste for chocolate, a dominant Mondelez extends its reach
CHICAGO/HAROHALLI, India (Reuters) – Two years ago, Satish P., a bakery owner in the small village of Harohalli near Bengaluru, had his doubts about stocking Mondelez’s (MDLZ.O) Cadbury Silk bars. FILE PHOTO: Cadbury chocolate is seen in this picture illustration taken July 18, 2017. REUTERS/Thomas White/Illustration/File Photo Priced between 70 and 170 rupees, they seemed Read More

Netflix shares plunge as global growth falls short, U.S. customers shrink

1 month ago DieselGasoil Comments Off on Netflix shares plunge as global growth falls short, U.S. customers shrink
(Reuters) – Netflix Inc (NFLX.O) said on Wednesday it lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, an announcement that jarred investors ahead of looming competition. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. Read More

Hawaii governor declares emergency for Maui wildfires

1 month ago DieselGasoil Comments Off on Hawaii governor declares emergency for Maui wildfires
HONOLULU (Reuters) – Hawaii’s governor on Friday declared an emergency on the island of Maui, where firefighters were battling a blaze that forced the evacuations of thousands of people and sent huge clouds of smoke billowing over nearby beaches. Although most of the evacuees were later allowed to return home, the blaze more than tripled Read More

Aggressive U.S. energy policy tests ties with European allies

1 month ago DieselGasoil Comments Off on Aggressive U.S. energy policy tests ties with European allies
WASHINGTON/BRUSSELS (Reuters) – For the administration of President Donald Trump, a policy of “energy dominance” means reducing dependence on imported oil and promoting exports to boost the national economy and Washington’s political influence overseas. FILE PHOTO: U.S. President Donald Trump talks with Energy Secretary Rick Perry after delivering remarks during an “Unleashing American Energy” event Read More

The $280,000 lab-grown burger could be a more palatable $10 in two years

1 month ago DieselGasoil Comments Off on The $280,000 lab-grown burger could be a more palatable $10 in two years
MADRID/ZURICH (Reuters) – Lab-grown meat, first introduced to the world six years ago in the form of a $280,000 hamburger, could hit supermarket shelves at $10 a patty within two years, European start-ups told Reuters. Mercedes Vila, co-founder of Biotech Foods, works in the company’s laboratory in San Sebastian, Spain, June 19, 2019. REUTERS/Vincent West Read More

Rich get richer, everyone else not so much in record U.S. expansion

2 months ago DieselGasoil Comments Off on Rich get richer, everyone else not so much in record U.S. expansion
NEW YORK (Reuters) – Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one piece – his famed “Black Strat” Fender Stratocaster – that went for nearly $4 million to the owner of the U.S. National Football League’s Indianapolis Colts. FILE PHOTO: The painting by Claude Monet, part of Read More

Lego family, Blackstone take Merlin private in $7.5 billion deal

2 months ago DieselGasoil Comments Off on Lego family, Blackstone take Merlin private in $7.5 billion deal
LONDON/COPENHAGEN (Reuters) – Lego’s founding family and private equity firm Blackstone (BX.N) are taking Britain’s Merlin (MERL.L) private again in an agreed deal valuing the Madame Tussauds and Legoland owner at $7.5 billion. The world’s second-largest operator of visitor attractions after Disney (DIS.N) said on Friday the deal would give it greater scope for “significant, Read More