Polands Orlen Reaches 1yr Deal for 6M Tons of Oil from BP

GDANSK, Aug 19 Reuters Polish stateowned refiner Orlen will receive 6 metric tons of oil from British energy group BP under a yearlong agreement, it said on Monday. The deliveries of North Sea oil are expected to cover about 15 of Orlen39;s requirements and both companies are open to future cooperation on joint projects, the Polish refiner […]
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Southwest Digs in for Boardroom Battle with Elliott

CHICAGO, Aug 19 Reuters Southwest Airlines is girding itself for a fight with Elliott Investment Management, rallying support from investors and employees to face down an activist investor looking for wholesale changes to company leadership. In recent weeks, CEO Bob Jordan has been meeting and gathering feedback from investors to stave off Elliott39;s advances  casting the investment firm39;s approach […]
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Canadas CoucheTard Confirms Buyout Offer for Japans Seven i

Aug 19 Reuters Canada39;s Alimentation CoucheTard confirmed on Monday it has made an offer to buy Japan39;s Seven i. The 7Eleven owner had said earlier on Monday it had received a preliminary takeover offer from CoucheTard and has formed a special committee to review the proposal. Shares of Seven i closed up about 23 in Tokyo, valuing the […]
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Oil Prices fall on China Demand Fears, Focus on Mideast Talks

TOKYO, Aug 19 Reuters Oil prices eased in trading on Monday as fears of weaker demand in top oil importer China weighed on market sentiment while investors focused on the progress of ceasefire talks in the Middle East, which could reduce supply risks. Brent crude futures dropped 45 cents, or 0.56, to 79.23 per barrel by 0646 […]
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