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BP Q2 profit rise

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A BP Q2 profit rise was boosted by its investment in Rosneft, the Russian energy group. *Replacement Cost Profits increased to $3.2 billion, 34%...

Dollar Tree merger agreement with Family Dollar

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A Dollar Tree merger deal with Family Dollar worth $8.5 billion has been agreed, the two companies announced today. In the cash and stock...
Virgin America

Virgin America IPO planned

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The long-awaited Virgin America IPO (initial public offering) announcement was made by the airline that is partly owned by British billionaire Sir Richard Branson...
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Nissan Q1 profit up 13.4 percent

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Nissan Q1 profit increased by 13.4% to ¥122.6 billion ($1.20 billion), beating most analysts’ expectations, as sales in its two largest markets – China and...
Ryanair

Huge Ryanair profit jump raises forecast

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A Ryanair profit jump of 152% to €197 million in the Q1 2014 compared to €78 million in the same quarter last year triggered...
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Will sanctions stop Russia meddling in the Ukrainian crisis?

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After the Malaysia Airlines flight MH17 was shot down over Eastern Ukraine, the EU is expected to take a tougher position, like the USA...
PwC

European IPOs reaching record levels

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Since the summer of 2013, the jump in European IPOs is reaching record levels. The second quarter of 2014 posted the best Q2 since...
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US consumer spending increased in June

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According to Deloitte, US consumer spending increased in June, reversing a recent trend. The Deloitte Consumer Spending Index monitors consumer cash flow as an...
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Air France-KLM Q2 profits nearly tripled

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Thanks to an effective cost-cutting program, Air France-KLM Q2 profits nearly tripled to €238 million compared to €84 million in the second quarter of...
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RBS profit jump pleases investors

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Preliminary interim results showing a pre-tax RBS profit jump to £2.65 billion ($4.5 billion) for H1 2014, compared to £1,374 in H1 2013, surprised...