Archive for the April 29, 2017
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PepsiCo Inc's quarterly revenue and profit beat estimates on demand for its healthier drinks and snacks and higher pricing in North America, but a contraction in the company's gross margins weighed on shares. Shares of
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PepsiCo Inc's quarterly revenue and profit beat estimates on demand for its healthier drinks and snacks and higher pricing in North America, but a contraction in the company's gross margins weighed on shares. Shares of
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Billionaire investor Carl Icahn's oil refining company, CVR Energy, made a massive bet in 2016 that prices for US government biofuels credits would fall - just before Icahn started advising President Donald Trump on regulations
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Monte dei Paschi di Siena is still negotiating with the European Commission how many jobs to cut in a radical restructuring plan that is a condition for a state rescue of the Italian bank, Chief
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European Union lawmakers will fast-track rules giving banks breathing space to comply with a new accounting standard that forces them to provision upfront for possible defaults on loans. The new "IFRS 9" accounting rule applies
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Brazil's central bank made its deepest cut to interest in nearly eight years on Wednesday and signalled it might continue its aggressive easing to revive an economy still reeling from its deepest recession ever. In
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South Korea's biggest automaker Hyundai Motor posted a 21 percent drop in first-quarter profits on Wednesday, hammered by the fallout from a diplomatic spat between Seoul and Beijing over a US missile defence system. In
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South Korea's biggest automaker Hyundai Motor posted a 21 percent drop in first-quarter profits on Wednesday, hammered by the fallout from a diplomatic spat between Seoul and Beijing over a US missile defence system. In
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Strong growth in Brazil drove Banco Santander's profit up 14 percent in the first quarter, continuing a trend in which the Spanish bank's largest market has offset profit weakness in Britain. Santander, the euro zone's
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Strong growth in Brazil drove Banco Santander's profit up 14 percent in the first quarter, continuing a trend in which the Spanish bank's largest market has offset profit weakness in Britain. Santander, the euro zone's
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