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OPEC cuts, weak freight rates help traders profit on Asia crude routes
By Henning Gloystein | SINGAPORE SINGAPORE Oil traders from around the world, including the United States, Britain and Brazil, have tripled their sales to Asia as they take advantage of an
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Russian oil major Rosneft has cash for deals despite profit fall
By Vladimir Soldatkin | MOSCOW MOSCOW Russia's top oil producer Rosneft reported strong cashflow on Friday, strengthening its position for a
Blackstone sells stake in SeaWorld to China's Zhonghong Zhuoye
China-based Zhonghong Zhuoye Group Co Ltd will buy Blackstone Group LP's (BX.N) 21 percent stake in SeaWorld Entertainment Inc (SEAS.N), the embattled U.S.-based marine park operator said on Friday.SeaWorld said Zhonghong Group would buy the stake for $23 per share,
United CEO Munoz will not chair board in 2018 following passenger furor | Reuters
NEW YORK United Continental Holdings Inc (UAL.N) said on Friday Chief Executive Oscar Munoz will not become chairman in 2018, under an amendment to his employment agreement approved after an uproar over the treatment of a passenger.In a reversal of
