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At least five people killed in Kashmir avalanche

4 days ago DieselGasoil Comments Off on At least five people killed in Kashmir avalanche
SRINAGAR, India (Reuters) – At least five people were killed when an avalanche hit the truck they were traveling in Kashmir on Friday, and five more people were missing, officials said. After the avalanche in the Ladakh area of the heavily militarized Himalayan region, the army began search and rescue operations, said Rajesh Kalia, a Read More

Trump 'inclined' to impose new U.S. auto tariffs: senator

6 days ago DieselGasoil Comments Off on Trump 'inclined' to impose new U.S. auto tariffs: senator
WASHINGTON (Reuters) – U.S. President Donald Trump is likely to move ahead with tariffs on imported vehicles, a move that could prompt the European Union to agree a new trade deal, said Senate Finance Committee Chairman Charles Grassley on Wednesday. FILE PHOTO: Automobiles are on a truck for delivery to a car lot in Queens, Read More

Businesses cry out for Brexit clarity, warn of no-deal chaos

6 days ago DieselGasoil Comments Off on Businesses cry out for Brexit clarity, warn of no-deal chaos
LONDON (Reuters) – Business leaders in Britain and beyond warned on Wednesday of catastrophic job losses and chaos at ports if the country does not agree a European Union withdrawal, turning up the heat on politicians to deliver clarity. FILE PHOTO: British Prime Minister Theresa May gestures as she speaks during a no confidence debate Read More

Companies cry out for Brexit clarity, warn on no-deal

6 days ago DieselGasoil Comments Off on Companies cry out for Brexit clarity, warn on no-deal
LONDON (Reuters) – Furious companies facing weeks more uncertainty over an ever closer Brexit lashed out at politicians on Wednesday, and warned of chaos at ports and catastrophic job losses if Britain failed to secure a withdrawal deal with the European Union. FILE PHOTO: British Prime Minister Theresa May gestures as she speaks during a Read More

Ford sees weaker-than-expected fourth quarter, uncertainty in 2019

6 days ago DieselGasoil Comments Off on Ford sees weaker-than-expected fourth quarter, uncertainty in 2019
DETROIT (Reuters) – Ford Motor Co (F.N) forecast a weaker fourth quarter than analysts expected, and said on Wednesday it faced uncertainty in 2019 due to trade issues and Britain’s exit from the European Union, sending its shares down 2 percent in premarket trading. FILE PHOTO: Workers prepare for the Ford Motor Company 2019 reveal Read More

U.S. automakers push for deal on fuel efficiency rules

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DETROIT (Reuters) – Executives at the major U.S. automakers are pressing the Trump administration and California to agree on standards for fuel efficiency and carbon emissions through 2025, as risks increase that a deadline for setting national standards will pass without a deal. Automakers are already entering the time frame when decisions should be made Read More

Ford forecasts weaker-than-expected fourth quarter profit

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DETROIT (Reuters) – Ford Motor Co (F.N) gave a fourth-quarter earnings forecast on Wednesday that was below analysts’ expectations, sending shares down more than 2 percent in premarket trading. FILE PHOTO: Workers prepare for the Ford Motor Company 2019 reveal at the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Jonathan Read More

GM's Washington charm offensive sidelined by Wall Street's push for profit

7 days ago DieselGasoil Comments Off on GM's Washington charm offensive sidelined by Wall Street's push for profit
WASHINGTON (Reuters) – General Motors code named its November announcement to cut nearly 15,000 jobs in North America and restructure itself “Turbo,” suggesting a leaner approach for the largest U.S. automaker would “accelerate its transformation.” A logo of General Motors is pictured at its plant in Silao, in Guanajuato state, Mexico, November 9, 2017. Picture Read More

Kenya terror attack: Who are al Shabaab?

7 days ago DieselGasoil Comments Off on Kenya terror attack: Who are al Shabaab?
As more than a dozen people are killed in an attack on a Kenyan hotel, what do we know about the group that has claimed responsibility? Where did the group come from? Al Shabaab means “The Youth” in Arabic and the group emerged as the radical wing of Somalia’s Islamic Courts Union (ICU), which no Read More

Fiat Chrysler looking at options to plug hole in its truck lineup: CEO

1 week ago DieselGasoil Comments Off on Fiat Chrysler looking at options to plug hole in its truck lineup: CEO
CEO of Fiat Chrysler Automobiles (FCA) Mike Manley attends the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Rebecca Cook DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCHA.MI) Chief Executive Mike Manley told Reuters on Tuesday he is open to partnerships to develop a new midsize pickup truck the automaker could Read More