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several-years

TrailStone buys Cargill’s power and gas group: sources

January 21, 2017 by · Leave a Comment 

Commodities trader and investor TrailStone Group has purchased Cargill Inc's gas and power trading group, three sources familiar with the deal said this week. The move, first reported by Sparkspread, comes amid a reshuffling in the power and natural gas industry as private equity firms and hedge funds pour into the space, filling a void left by banks and other longtime players. The banks and others have been pulling back over the past several years as natural gas …

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TrailStone buys Cargill’s power and gas group: sources

several-years

U.S. probes hit defunct energy co linked to Platinum Partners

November 30, 2016 by · Leave a Comment 

At least four U.S. agencies are investigating former officials of a now-bankrupt oil and gas company once majority owned by troubled hedge fund manager Platinum Partners, according to a legal filing submitted …

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U.S. probes hit defunct energy co linked to Platinum Partners

several-years

Ford takes Fiesta upmarket to lift profitability

November 30, 2016 by · Leave a Comment 

Ford wants to raise profitability in Europe by adding higher-margin versions of the Fiesta subcompact, its best-selling regional model, the carmaker's top European executive said. High-volume carmakers such as Ford have for several years been squeezed in a downmarket expansion by luxury rivals including Daimler'…

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Ford takes Fiesta upmarket to lift profitability

several-years

Women executives left Yahoo amid layoffs, deal talk

November 1, 2016 by · Leave a Comment 

Women executives left Yahoo Inc at an unusually high rate after the U.S. technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the company's 2016 diversity report, released on Monday. The sharp drop comes as Silicon Valley faces pressure to diversify a workforce heavily dominated by white and Asian men. In July, it struck a …

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Women executives left Yahoo amid layoffs, deal talk

several-years

GE to merge oil unit with Baker Hughes to create service giant

November 1, 2016 by · Leave a Comment 

General Electric Co said on Monday it would merge its oil and gas business with Baker Hughes Inc , creating the world's second-largest oilfield services provider as competition heats up to supply more-efficient products and services to the energy industry after several years of low crude prices. The deal to create a company with $32 billion in annual revenue will combine GE's strengths in making equipment long-prized by oil producers with Baker Hughes's expertise in drilling and …

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GE to merge oil unit with Baker Hughes to create service giant