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UPS quarterly profit rises, sees strong holiday volumes

2013-10-25 17:01:40| Trucking - Topix.net

United Parcel Service Inc said increased demand in domestic ground shipments lifted profits in the third quarter and expects online sales to boost shipping volumes as it heads into the holiday quarter.

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News Summary: 3M 3Q net income rises 6 pct

2013-10-25 05:17:43| Chemicals - Topix.net

IT: 3M Co. said Thursday that its third-quarter net income rose 6 percent, beating Wall Street predictions, as sales and profits grew across most of its businesses.

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KKR's Third-Quarter Profit Rises 23% as Buyout Holdings Gain

2013-10-25 01:03:13| Industrial Machines - Topix.net

KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, said third-quarter profit rose 23 percent as gains in its buyout portfolio fueled paper profits and it collected more fees for completing deals.

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Today's Brent rises on positive oil demand signs in US, China

2013-10-25 01:00:00| Offshore Technology

Brent crude's value increased on Friday and stayed at more than $107 a barrel, on speculation that the oil demand would increase in the US and China, thanks to peak winter and factory output growth respectively.

Tags: us china positive oil

 

Power Struggle Rises Over Tanzanias Pangani River

2013-10-24 10:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: As farmers and herders fight over dwindling water levels in the Pangani River Basin in northeastern Tanzania, a new dispute is emerging between farmers and the state-run power utility firm over this precious resource. The Tanzania Electric Supply Company or TANESCO manages three hydropower plants located on the Pangani River near Muheza district, which are meant to provide 17 percent of the country's electricity. Subira Mgalu, the Muheza district commissioner, told IPS that conflict was rife...

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