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Humbled Deutsche Bank faces battle in its own backyard

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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

Saturn Oil & Gas Announces Second Half 2019 Drilling Program, Option Grant and Updated Corporate Presentation

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CALGARY, Alberta, Aug. 19, 2019 (GLOBE NEWSWIRE) — Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSXV: SOIL) (FSE: SMK) is pleased to confirm the commencement of its second half 2019 drilling program, an option grant and that an updated corporate presentation has been posted to its website. Second Half 2019 Drilling Program The Read More

Zalando to deliver orders for Adidas French website

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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

Microsoft, Nvidia team up for more realistic visuals on Minecraft game

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FILE PHOTO: A child plays video game Minecraft at the Minecon convention in London July 4, 2015. REUTERS/Matthew Tostevin (Reuters) – Microsoft Corp (MSFT.O) said on Monday it will use chipmaker Nvidia Corp’s (NVDA.O) real-time ray tracing technology to provide the software company’s Minecraft video game players more realistic graphics on personal computers. Real-time ray Read More

Airbnb records 30% growth rate in first-quarter on booking strength: source

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FILE PHOTO: The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. REUTERS/Charles Platiau/File Photo (Reuters) – Airbnb Inc recorded $9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a source familiar with the Read More

Just Energy Reports Fiscal First Quarter 2020 Results

5 days ago DieselGasoil Comments Off on Just Energy Reports Fiscal First Quarter 2020 Results
Previously Announced Strategic Review ProgressingBase EBITDA from Continuing Operations of $24.2 MillionBusiness Remains Strong with Embedded Gross Margin of $2.1 BillionCommon Share Dividend Suspended as part of Strategic ReviewWalter M. Higgins III has been appointed to the Board of Directors TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy” Read More

Founder’s grip on WeWork may be hard for investors to stomach

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NEW YORK (Reuters) – Investors in the upcoming initial public offering of WeWork’s parent, The We Company, are being asked to lower their standards for corporate governance beyond what other technology startups have demanded, securities law experts said on Wednesday. FILE PHOTO: Adam Neumann, CEO of WeWork, speaks to guests during the TechCrunch Disrupt event Read More

WeWork to test IPO investor appetite with widening losses

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(Reuters) – WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares for an initial public offering as early as next month. The IPO, which could raise several billion dollars, will be a key test of investor appetite for fast-growing, Read More

TGS Completes Acquisition of Spectrum

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Oslo, Norway (14 August 2019) – TGS-NOPEC Geophysical Company ASA (“TGS”, OSE: TGS) announced today that it has completed its acquisition of Spectrum ASA (“Spectrum”, OSE: SPU), creating a leading global multi-client geophysical data provider. TGS first announced its intent to acquire Spectrum on 2 May 2019. Completion of the acquisition and the merger plan Read More

Vestas – New member of the Executive Management of Vestas Wind Systems A/S  

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Vestas Wind Systems A/S, Aarhus, 14 August 2019Company announcement No. 12/2019 Vestas Wind Systems A/S promotes Christian Venderby as Executive Vice President of Service and member of the Executive Management. Since 2014, when Vestas established a stand-alone Service business area, it has become a significant source of revenue and profit and this organisational change reflects Read More