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Oil hits $40 amid commodities comeback
2016-03-07 17:26:45| BBC News | Business | UK Edition
The price of Brent crude oil has hit $40 a barrel for the first time this year as commodities continue to rally.
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oil
commodities
amid
Utilities cut coal use amid Clean Power Plan fight
2016-03-06 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Central: Critics of the Obama administration's most sweeping climate policy hailed the U.S. Supreme Court's decision in February to temporarily block it, saying the ruling on the Clean Power Plan could breathe new life into the flagging coal industry. But even as those critics await further rulings on whether the plan is constitutional, utilities are already looking far beyond coal -- the nation's largest single source of greenhouse gas emissions driving climate change -- and pressing ahead with investments...
Under Armour affirms outlook amid customer bankruptcy
2016-03-04 16:03:00| Daily apparel & textile news and comment - from just-style.com
Performance wear specialist Under Armour has reiterated its previously issued earnings and sales outlook for 2016, despite one of its longest standing customers entering Chapter 11 Bankruptcy.
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Pernod revamps Havana Club amid Bacardi feud
2016-03-03 22:23:59| Beverages - Topix.net
Pernod Ricard has created a new Havana Club expression and relaunched its global cocktail competition centred on the Cuban rum, despite recent protests from Bacardi over its trademark. The Havana Club Tributo Collection is a batch of 2,500 bottles made up of special reserve rum which will be revamped annually in time for the Cuban Habanos Festival.
MTN to cut dividend amid Nigerian market uncertainty
2016-03-03 10:05:00| Telecompaper Headlines
(Telecompaper) MTN Group has reported a 0.1 percent increase in revenue to ZAR 147.1 billion in 2015 from ZAR 146.9 billion in 2014. Revenue remained flat largely because of a decline in voice revenue in Nigeria and a reduction in handset revenue in South Africa after industrial action there. This was largely offset by an increase in data revenue across the business, though. MTN's basic headline earnings per share declined by 51.4 percent to ZAR 7.46, largely due the Nigerian regulatory fine provision (ZAR 9.29 billion). While MTN increased its annual dividend 5.2 percent to ZAR 13.10 per share, it forecast a sharp fall to ZAR 7 in 2016, due to the uncertainty in the Nigerian market.
Tags: market
cut
uncertainty
dividend
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