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Exclusive: Tesla says it received battery quotes from China's Lishen but no deal agreed

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BEIJING (Reuters) – Tesla Inc (TSLA.O) said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory but had not signed any agreement with the Chinese firm. FILE PHOTO: Visitors are seen at the booth of Lishen Battery at a new energy expo in Beijing, China Read More

Exclusive: Tesla in talks with China's Lishen over Shanghai battery contract – sources

6 hours ago DieselGasoil Comments Off on Exclusive: Tesla in talks with China's Lishen over Shanghai battery contract – sources
BEIJING (Reuters) – Tesla Inc (TSLA.O) has signed a preliminary agreement with China’s Tianjin Lishen to supply batteries for its new Shanghai car factory, as it aims to cut its reliance on Japan’s Panasonic (6752.T), two sources with direct knowledge of the matter said. FILE PHOTO: Visitors are seen at the booth of Lishen Battery Read More

Exclusive: Private equity firms circling Nestle's skin health business – sources

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FRANKFURT/LONDON (Reuters) – Private equity firms Cinven and Advent have teamed up to bid in an auction that could value Nestle’s (NESN.S) skin Health business at about 7 billion Swiss francs ($7 billion), three sources familiar with the matter said. FILE PHOTO: The Nestle logo is seen during the opening of the 151st Annual General Read More

Canaf announces full repayment of term loan and award of B-BBEE rating

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VANCOUVER, British Columbia, Jan. 21, 2019 (GLOBE NEWSWIRE) — Canaf Investments Inc., (TSXV: CAF), (“Canaf”) the Canada-registered mining related group, is pleased to announce the full repayment of its majority owned South African subsidiary’s term loan, and award of a Level 4 Broad-Based Black Economic Empowerment, (“B-BBEE”) rating. On 07 January 2019, Southern Coal (Pty) Ltd., Read More

Lockheed sees potential exports of 200 F-16 jets from proposed Indian plant

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NEW DELHI (Reuters) – Lockheed Martin (LMT.N) sees a potential export market of more than $20 billion for its F-16 fighter aircraft from an assembly line in India it has offered to set up in order to win a large Indian military order, a top executive said. FILE PHOTO: A U.S. F-16 aircraft makes a Read More

Germany has no legal grounds to meddle in Russian gas pipeline project to Europe – Berlin official

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The German government has no legal basis to interfere in the Nord Stream 2 pipeline construction, Federal Minister for Economic Affairs and Energy Peter Altmaier said as he hit back at critics of the Russian-led gas project. In an interview published Sunday, Altmaier stressed that Nord Stream 2 meets all legal criteria, including permissions to Read More

Germany has no legal grounds to meddle in Nord Stream 2 project – Berlin official

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The German government has no legal basis to interfere in the Nord Stream 2 pipeline construction, Federal Minister for Economic Affairs and Energy Peter Altmaier said as he hit back at critics of the Russian-led gas project. In an interview published Sunday, Altmaier stressed that Nord Stream 2 meets all legal criteria, including permissions to Read More

GSK Chairman Hampton to step down ahead of split

1 day ago DieselGasoil Comments Off on GSK Chairman Hampton to step down ahead of split
(Reuters) – GlaxoSmithKline Plc (GSK.L) Chairman Philip Hampton will step down after more than three and a half years in the role, as Britain’s biggest drugmaker prepares to split its business into two. The GlaxoSmithKline (GSK) logo is seen on top of GSK Asia House in Singapore, March 21, 2018. REUTERS/Loriene Perera The announcement comes Read More

Falcon Oil & Gas Ltd. – 2019 Beetaloo Drilling Programme – Rig Contract Signed

1 day ago DieselGasoil Comments Off on Falcon Oil & Gas Ltd. – 2019 Beetaloo Drilling Programme – Rig Contract Signed
FALCON OIL & GAS LTD. (“Falcon”) 2019 Beetaloo Drilling Programme – Rig Contract Signed 21 January 2019 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, ESM: FAC) is very pleased to announce that Origin Energy B2 Pty Ltd. (“Origin”), our joint venture (“JV”) partner and Operator of the Beetaloo project, in the Northern Territory, Read More

European power firms aim to harness electric car batteries

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FRANKFURT/LONDON/PARIS (Reuters) – Ever wanted to run your electric car for free? If you’re open to a bit of give and take, then stay plugged in and your wishes might come true. At least that’s what some European power companies and Japanese carmakers believe. FILE PHOTO: A charging port is shown on the front of Read More