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Caterpillar Profit Rises on Cost Cuts

January 27, 2014
Reuters - Business Video Online / Powered by
Caterpillar, a bellwether for the global economy, forecasts improved economic growth in developed and developing markets. Fred Katayama reports.

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last updated on 2015-03-27 at 1:50 am EDT

Air France Profits Hit by Pilots Strike

Air France Profits Hit by Pilots Strike

Reuters - Business Video Online (Oct. 8, 2014) — Air France-KLM has put the total cost of last month's two-week pilots strike at 500 million euros ($632 million). As, Hayley Platt reports that's enough to wipe more than a fifth off the group's estimated full-year core profit and it sent shares to a 13-month low. Video provided by Reuters
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Glare From London 'Fryscraper' Becomes an Attraction

Glare From London 'Fryscraper' Becomes an Attraction

AFP (Sep. 4, 2013) — Sun rays reflected from a half-finished London skyscraper that melted parts of several cars and damaged shopfronts has become one of London's hottest attractions, with a screen put up in front of the shops to avoid more damage. A thermometer shows the temperature rises to 50 celsius under the reflection.
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Global Oil Demand to Increase Next Year at Fastest Pace Since 2010

Global Oil Demand to Increase Next Year at Fastest Pace Since 2010

TheStreet (July 11, 2014) — Global oil demand will rise at the fastest pace in five years in 2015, according to the International Energy Agency. The IEA said that world oil consumption will increase next year by 1.4 million barrels a day to a record 94.1 million. Most of the increase in oil supply will be from nations outside of the Organization of Petroleum Exporting Countries. Oil supply from non-OPEC countries will rise by 1.2 million barrels a day next year as North American production rises. The demand for oil will be driven in large part by China, which the agency said will see demand increase by more than 4% to about 10.8 million a day. Video provided by TheStreet
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All Change at Sony, but the Comeback May Have to Wait

All Change at Sony, but the Comeback May Have to Wait

Reuters - Business Video Online (Feb. 6, 2014) — Japanese tech giant Sony cuts its losses, selling its PC business and spinning off its TV division. But will investors be convinced its restructuring drive has gone far enough? Yonggi Kang reports. Video provided by Reuters
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