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Humbled Deutsche Bank faces battle in its own backyard

16 hours ago DieselGasoil Comments Off on Humbled Deutsche Bank faces battle in its own backyard
FRANKFURT (Reuters) – Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the struggling lender’s recovery. FILE PHOTO: The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS/Simon Dawson/File Photo Read More

One-hit wonder? Revolutionary CRISPR machine can edit hundreds of genes at once

1 day ago DieselGasoil Comments Off on One-hit wonder? Revolutionary CRISPR machine can edit hundreds of genes at once
The revolutionary CRISPR gene editing machine has undergone an incredible upgrade to edit “dozens or even hundreds of genes” at once, allowing scientists to reprogram entire gene networks in one fell swoop. Previously, in the best case scenario, the CRISPR-Cas technique could only modify a handful of genes simultaneously and usually it could only manage Read More

Zalando to deliver orders for Adidas French website

2 days ago DieselGasoil Comments Off on Zalando to deliver orders for Adidas French website
BERLIN (Reuters) – Online fashion retailer Zalando (ZALG.DE) has launched a pilot to deliver orders placed by customers in Paris on the website of Adidas (ADSGn.DE) as it extends moves to allow brands to use the logistics network it has built for its own ecommerce business. An employee places parcels of online mail order company Read More

Genetic study implicates humans in demise of prehistoric cave bear

5 days ago DieselGasoil Comments Off on Genetic study implicates humans in demise of prehistoric cave bear
WASHINGTON (Reuters) – Genetic research that reconstructed the past population dynamics of the cave bear, a prominent prehistoric denizen of Europe, implicates Homo sapiens rather than climate cooling in the Ice Age extinction of these brawny plant-loving beasts. The skull of an extinct cave bear from the Natural History Museum in Belgrade, Serbia, is seen Read More

Innocent until proven guilty? Not for Placido Domingo: Americans race to condemn, Europeans hesitant

6 days ago DieselGasoil Comments Off on Innocent until proven guilty? Not for Placido Domingo: Americans race to condemn, Europeans hesitant
Celebrated opera legend Placido Domingo is the latest to be caught in the crosshairs of the #MeToo movement, but as has become the norm, the accused has been tried in the court of public opinion and declared guilty as charged. The singer was accused of sexual harassment by multiple women in an explosive AP report Read More

Oil retreats after biggest jump in five weeks as stockpiles rise

6 days ago DieselGasoil Comments Off on Oil retreats after biggest jump in five weeks as stockpiles rise
By Sharon Cho and Grant Smith on 8/14/2019 SINGAPORE (Bloomberg) – Oil declined after its biggest surge in five weeks as an industry report showed American crude stockpiles expanded, paring a rally that was fueled by signs the U.S.-China trade deadlock may be easing. Futures lost as much as 1.5% in New York after the Read More

American Airlines wins permanent court block against alleged disruption by mechanics

1 week ago DieselGasoil Comments Off on American Airlines wins permanent court block against alleged disruption by mechanics
FILE PHOTO: An American Airlines Boeing 767-300ER aircraft takes off from Zurich Airport January 9, 2018. REUTERS/Arnd Wiegmann (Reuters) – A U.S. federal court on Monday issued a permanent injunction against American Airlines Group Inc’s (AAL.O) mechanics union, which the airline had accused of illegal slowdowns it said had devastated its operations during the peak Read More

New ABB CEO is committed to at least five years at company

1 week ago DieselGasoil Comments Off on New ABB CEO is committed to at least five years at company
ZURICH (Reuters) – New ABB (ABBN.S) Chief Executive Bjorn Rosengren is committed to at least five years with the Swiss engineering group, Chairman Peter Voser said on Monday. Age or nationality was also not an issue in appointing the 60-year-old Swedish executive, Voser told reporters. Rosengren, the current CEO of Sandvik (SAND.ST) will turn 61, Read More

ABB shares jump as new CEO raises turnaround hopes

1 week ago DieselGasoil Comments Off on ABB shares jump as new CEO raises turnaround hopes
ZURICH (Reuters) – ABB (ABBN.S) shares jumped almost 4% in early Monday trading as investors welcomed news the Swiss engineering group had poached Bjorn Rosengren from Swedish mining equipment firm Sandvik (SAND.ST) to be its next chief executive. FILE PHOTO: The logo of Swiss power technology and automation group ABB is seen at the Swiss Read More

Activist groups urge insurers to drop coverage of oil sands pipeline

2 weeks ago DieselGasoil Comments Off on Activist groups urge insurers to drop coverage of oil sands pipeline
WASHINGTON (Reuters) – A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project which carries crude from Alberta’s oil sands to British Columbia’s Pacific coast. FILE PHOTO: The Westridge Marine Terminal, the terminus of the Read More