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HSH cuts bad ship loans through Ahrenkiel debt and merger deal

FRANKFURT, April 1 (Reuters) – Ailing German public-sector lender HSH has cut its exposure to bad shipping loans by striking a debt restructuring deal involving the merger of debtor Ahrenkiel and two…

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Shell seeks to cut costs in US shale race

Oil group’s shift to lower-cost Chinese equipment underscores pressure from shareholders to curb spending and improve returns

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UPDATE 1-Investors look beyond anti-gay law and stick with Uganda

LONDON, April 1 (Reuters) – Fuzzy guidelines on ethical investing and donors’ timid response to Uganda’s new anti-gay law have reassured fund managers and private equity firms about continuing to…

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