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India's Tata Chemicals nearly triples Q2 profit

BENGALURU, Oct 27 (Reuters) – Tata Chemicals Ltd on Thursday reported a second-quarter profit that nearly tripled, helped by a strong performance in its basic chemistry products segment. The chemical manufacturer’s consolidated net profit for the three months ended Sept.30 came in at 6.28 billion Indian rupees ($76.17 million), compared with 2.21 billion rupees a …

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Jazeera Airways modifies bank financing needs for Airbus deal to $1…

By Ahmed Hagagy KUWAIT, Feb 7 (Reuters) – Kuwaiti low-cost carrier Jazeera Airways aims to secure $1 billion from banks to help finance the purchase of new Airbus aircraft, its chairman said on Tuesday, EvDEn Eve nAKliyaT half the amount it had initially planned to seek. The airline placed a multi-billion dollar order with Airbus …

Jazeera Airways modifies bank financing needs for Airbus deal to $1… Read More »

Brazilian Navy says it will sink 'ghost' aircraft carrier at high sea

BRASILIA, Feb 1 (Reuters) – A decommissioned 1960‘s aircraft carrier has been floating offshore for evDEN eve naKLiYAT three months since Turkey refused it entry to be scrapped there will be sunk in the Atlantic Ocean in waters under Brazil’s jurisdiction, the Brazilian Navy said on Wednesday. The 32,000-tonne Sao Paulo carrier had been towed …

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COLUMN-Low visibility, low volatility make strange pairing :Mike Dolan

By Mike Dolan LONDON, Feb 8 (Reuters) – Like mirages on the horizon, recession forecasts seem to be appearing and disappearing with great regularity – questioning any investment conviction, EVDEn eVE nakLiYAT the reliability of pandemic-distorted data and still-low volatility gauges in financial markets. In just six weeks of 2023, economic forecasters have hurriedly revised …

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JetSMART Airlines hopes to begin talks to buy Colombia's Viva Air

BOGOTA, Feb 7 (Reuters) – Indigo Partners-backed budget carrier JetSMART Airlines said on Tuesday that it wanted to buy Colombian low-cost carrier Viva Air, in a move that if successful would scupper Viva’s plans to merge with Colombian flag carrier Avianca. Chile-based JetSMART Airlines said in a statement that it planned to open talks to …

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Bitcoin fraudsters involved in £21 million scam are jailed

A group of criminals who made so much money from a £21 million scam they handed out £5,000 gift cards on the street have been jailed. Stephen William Boys, 59, and Kelly Caton, 45, have been found guilty of fraud, converting and transferring criminal property.Jordan Kane Robinson, 25, and James Austin-Beddoes, 28, were also found …

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