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Huawei unwanted: Asian shops shun phone trade-ins on Google suspension worries

2 days ago DieselGasoil Comments Off on Huawei unwanted: Asian shops shun phone trade-ins on Google suspension worries
SINGAPORE/MANILA (Reuters) – Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services. A Huawei company logo is seen at Huawei’s Shanghai Research Center in Shanghai, China May 22, 2019. Read More

Vitol exec sees China as main buyer for dirty Russian oil cargoes

3 days ago DieselGasoil Comments Off on Vitol exec sees China as main buyer for dirty Russian oil cargoes
London — Oil traders and refiners with cargoes of contaminated Russian oil may be forced to find buyers for the unwanted shipments in China or Japan where the corrosive crude can be blended with large volumes of government-controlled strategic crude stocks, Vitol director Mike Muller said Wednesday. Not registered? Receive daily email alerts, subscriber notes Read More

Australian rugby star sacked over anti-gay social media post

1 week ago DieselGasoil Comments Off on Australian rugby star sacked over anti-gay social media post
By Sunita Patel-Carstairs, news reporter Rugby Australia has sacked one of its biggest stars for a social media post which was critical of gay people. Israel Folau’s contract with the Wallabies and his club side Waratahs was terminated this morning after he was found guilty earlier this month of a “high-level breach of the professional Read More

Oxy CEO forms MandA dream team from a position of strength

2 weeks ago DieselGasoil Comments Off on Oxy CEO forms MandA dream team from a position of strength
By Kevin Crowley and Rachel Adams-Heard on 5/12/2019 HOUSTON (Bloomberg) — Occidental Petroleum Corp.’s Vicki Hollub defended her $38 billion pursuit of Anadarko Petroleum Corp. as she and eight other company directors survived a shareholder vote that had turned into a proxy referendum on the deal. Investors won’t get to vote on the Anadarko takeover Read More

Danish right-wingers recruit controversial candidates, as country gets ready for elections

2 weeks ago DieselGasoil Comments Off on Danish right-wingers recruit controversial candidates, as country gets ready for elections
The rise of the right-wing in Europe may be a tired cliche at this point. However, a new Danish party has courted fresh controversy for hiring some distinctly un-PC candidates, as the country goes to the polls next month. Stram Kurs (Hard Line) will run for election for the first time in June. The party Read More

Occidental sweetens the deal for Anadarko, gaining an edge over Chevron bid

3 weeks ago DieselGasoil Comments Off on Occidental sweetens the deal for Anadarko, gaining an edge over Chevron bid
By Joe Carroll, Simon Casey and Rachel Adams-Heard on 5/6/2019 HOUSTON and NEW YORK (Bloomberg) — Occidental Petroleum Corp. moved a step closer to sealing its proposed $38-billion acquisition of Anadarko Petroleum Corp. after it sweetened its offer and agreed to sell assets owned by the target company. Occidental increased the cash portion of its Read More

Boys, boys, boys: Disney sued for allegedly underpaying female employees

2 months ago DieselGasoil Comments Off on Boys, boys, boys: Disney sued for allegedly underpaying female employees
One of the world’s leading entertainment companies, the Walt Disney Company, has been hit with a class action lawsuit alleging that it routinely pays its male employees more than females. The lawsuit was brought by the San Francisco-based firm Andrus Anderson on behalf of two women and seeks to represent all female employees of California’s Read More

‘Venezuela won’t become 2nd Syria’: Lavrov sure S. America won’t back military invasion v. Maduro

2 months ago DieselGasoil Comments Off on ‘Venezuela won’t become 2nd Syria’: Lavrov sure S. America won’t back military invasion v. Maduro
Tensions over Venezuela won’t escalate into a new Caribbean Crisis or turn the country into “a second Syria,” Russia’s FM Sergey Lavrov has assured, bashing the US for treating the Western Hemisphere as its backyard. “We don’t accept the methods, with which the US is trying to improve the life of the Venezuelan people,” Lavrov Read More