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UPS profit misses estimates on severe U.S. winter

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FILE PHOTO: Vehicles of United Parcel Service are seen at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry, southern Paris, France, June 26, 2018. REUTERS/Charles Platiau (Reuters) – United Parcel Service Inc on Thursday blamed harsh winter weather in the United States as it reported a lower-than-expected first-quarter profit, sending the Read More

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution

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Monaco, April 25, 2019 (GLOBE NEWSWIRE) — GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended March 31, 2019. Highlights ·Announced and, post quarter-end, completed the acquisition of the GasLog Glasgow from GasLog Read More

Wall Street bankers make triumphant return to Saudi Arabia just in time for mass beheadings

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Global finance leaders, who boycotted the Saudi investment summit last year over the murder of journalist Jamal Khashoggi, have returned to Riyadh despite the beheadings of dozens of people this week. Big investors, particularly from Wall Street, joined panels at the two-day financial forum which began on Wednesday in Riyadh. Larry Fink, CEO of US Read More

Dow futures hit by 3M results; upbeat tech results support Nasdaq

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(Reuters) – Dow and S&P futures were pressured by a steep fall in industrial company 3M’s shares on Thursday, while upbeat results from high-flying companies Facebook and Microsoft supported Nasdaq futures. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid Investors Read More

Jittery unease remains in Sri Lanka as manhunt continues

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By Greg Heffer, news reporter Sri Lanka locked down its central bank and a road leading to the airport in its largest city, where businesses were advising staff to remain indoors because of a possible security threat. A sense of jittery unease in the country remained four days after 359 people, including eight Britons, were Read More

Canada’s Bombardier cuts full-year profit, revenue forecast

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FILE PHOTO: Logo of Bombardier is seen at an office building in Zurich, Switzerland, February 28, 2019. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Canada’s Bombardier Inc cut its full-year profit and revenue forecast on Thursday, as delays in some large projects hit its dominant transportation unit that makes rail cars. The plane-and-train maker is nearing the Read More

SDLP – Seadrill Partners LLC First Quarter 2019 Cash Distribution

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London, United Kingdom, April 25, 2019 – Seadrill Partners LLC (NYSE: SDLP) (“Seadrill Partners” or the “Company”) announces today that a distribution of $0.01 per unit has been declared with respect to the first quarter ended March 31, 2019, in line with the fourth quarter distribution. The first quarter cash distribution will be paid on Read More

Volkswagen plans electric vehicle plant with JAC in China: local government

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BEIJING (Reuters) – German automaker Volkswagen AG’s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.8 million) in a new electric car factory in eastern Hefei city, according to local authorities. FILE PHOTO: A man uses phone under a Volkswagen logo at the Shanghai Auto Show, in Shanghai, Read More

Company Announcement 6/2019

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Nordic Shipholding A/S Resolutions passed at the Annual General Meeting on 25 April 2019 25 April 2019 NORDIC SHIPHOLDING A/S Company announcement no. 6/2019 Today, Thursday 25 April 2019, Nordic Shipholding A/S held its Annual General Meeting with the agenda published in the notice convening the meeting dated 28 March 2019 where the following agenda Read More

Swedbank admits money laundering flaws, cooperating with U.S. authorities

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STOCKHOLM (Reuters) – Swedbank admitted to failings in combating money laundering and said on Thursday it was facing investigations in the United States, adding to pressure over its Baltic business. FILE PHOTO: A woman walks past a Swedbank branch in Riga October 21, 2014. REUTERS/Ints Kalnins Sweden’s oldest bank, whose CEO and chairman have both Read More