Japan insurers to target China M&A in new phase
HONG KONG, Feb 04 (Reuters): Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world's second-largest buyer of insurance assets, and the deals spree won't be slowing down any time soon.The cashed-up insurers are expected to step up their hunt...
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Ryanair posts quarterly loss
LONDON, Feb 04 (AFP): Ryanair unveiled plans on Monday for an overhaul to create four subsidiaries, as the Irish no-frills airline revealed also a third-quarter loss of 20 million euros and said a no-deal Brexit "remains worryingly high".Mirroring a set-up by British Airways and Iberia owner IAG, a statement said...
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Oil hits 2019 high near $64
LONDON, Feb 04 (Reuters): Oil hit a two-month high close to $64 a barrel on Monday as OPEC-led supply cuts and US sanctions against Venezuela's petroleum industry offset forecasts of weaker demand and an economic slowdown.The Organisation of the Petroleum Exporting Countries and its allies began a new round of...
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Gold prices fall in thin trade
BEIJING, Feb 04 (Reuters): Gold prices slipped on Monday as risk-aversion waned amid some signs of progress in US-China trade talks and as the dollar firmed.Spot gold fell about 0.4 per cent to $1,313.38 per ounce by 0720 GMT, having hit $1,326.30 on Thursday - its highest level since April...
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Cavendish imports 20m pounds of potatoes
Ottawa, Feb 04 (Journal Pioneer): Prince Edward Island French Fry Manufacturer Cavendish Farms is importing a larger than usual amount of potatoes from other parts of Canada and the United States to make up for a local shortfall in supply.The Irving-owned Cavendish Farms said it has had to import 20...
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New Chairman of BCIC Md Haiul Quaium speaking
New Chairman of Bangladesh Chemical Industries Corporation (BCIC) Md Haiul Quaium speaking to the divisional heads of the organisation at its head office in the city on Sunday
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