Shell Profit Falls But Beats Forecasts

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Royal Dutch Shell is continuing to hammer down costs and spending as the company moves to integrate its roughly $50 billion acquisition of BG Group in the midst of a historic oil price slump.

Maersk's Net Profit Sinks

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AP Moller-Maersk’s net profit sank in the first quarter as a sharp decline in freight rates pressured its shipping business while the plunge in crude prices at the start of the year hit its oil business.

Adidas to Sell Parts of Its Golf Business

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German sportswear maker Adidas said it is actively seeking a buyer for parts of its golf unit, after years of slumping sales.

Why China's Big Banks Aren't Looking So Large

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China’s behemoth banks—among the biggest in the world by assets—have stopped getting much bigger. But that doesn’t mean risks surrounding them have subsided.

AB InBev Profit Dips on Currency Factors

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Belgian brewer Anheuser-Busch InBev said unfavorable currency effects damaged net profit in the first quarter of the year.

Siemens Profit Beats Forecasts

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German engineering giant Siemens reported a 63% drop in net profit for the second quarter of its fiscal year 2016, after the year-earlier figures were buoyed by one-off gains from asset sales.

Oil Price Upheaval Hits Largest U.S. Refiners

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Big refiners, the last holdouts of the energy bust, finally saw their roll come to a halt in the first quarter as the six largest reported first-quarter earnings that were down by roughly half compared with a year earlier.

Takata Set to Recall 35 Million More Air-Bag Inflaters

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Takata is preparing to recall at least another 35 million rupture-prone air-bag inflaters that U.S. regulators have deemed a safety risk.

Alphabet, Fiat Chrysler in Self-Driving Cars Deal

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Google parent Alphabet Inc. and Fiat Chrysler Automobiles NV agreed to incorporate Alphabet’s self-driving technology into 100 Chrysler minivans, marking the tech giant’s first partnership with a major auto maker.

Sprint Loss Widens

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Sprint reported a wider fiscal-fourth-quarter loss, though revenue fell less than anticipated, and added more postpaid subscribers than Verizon and AT&T for the first time.

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