Oil prices rise on supply worries, extend strong first-quarter gains


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Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing ... Suite

Denmark’s DSV to buy logistics company Panalpina in $4.6 billion deal


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Swiss logistics group Panalpina has bowed to an increased 4.6 billion Swiss francs ($4.6 billion) bid from Danish rival DSV, ending a more than two month takeover battle designed to build scale in ... Suite

Rakuten says to book $990 million gain on Lyft investment


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Japan's Rakuten said on Monday it will book a 110 billion yen ($989.74 million) gain in the quarter through March on its investment in Lyft following the U.S. ride-hailing firm's listing last week. ... Suite

Samsung C&T, Samsung Electronics almost double cost of finishing new chip line


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Samsung C&T Corp and Samsung Electronics Co Ltd have almost doubled the size of a contract related to the construction of a semiconductor production line, taking the project's total cost to 1.46 ... Suite

China’s factory activity picks up slightly, but Asia broadly weak


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Factory activity in China showed a slight, surprising recovery last month, in a sign that stimulus injected into Asia's growth engine may be yielding results, but worries of a global slowdown ... Suite

Japan’s business confidence hits two-year low as trade war stings


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Japan's business mood slumped to a two-year low in the March quarter, a central bank survey showed, underscoring concerns that Sino-U.S. trade tensions and softening global demand were taking a toll ... Suite

Saudi Aramco world’s biggest oil producer in 2018: Fitch Ratings


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Saudi Aramco was by far the world's biggest oil producer ahead of regional peers like Abu Dhabi National Oil Company (ADNOC) and listed oil majors Royal Dutch Shell, Total and BP, ratings agency ... Suite

Asian stocks surge on China’s factory comeback, trade talks progress


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Asian stocks rallied on Monday as positive Chinese factory gauges and signs of progress in Sino-U.S. trade talks supported sentiment, although another defeat for British Prime Minister Theresa May's ... Suite

Oil prices push higher as supply worries drive gains


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Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing ... Suite

Oil prices rise, adding to biggest quarterly gain in 10 years


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Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing ... Suite