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American drops uniform supplier amid health fears

Bloomberg American Airlines Group Inc. will find a new supplier to make uniforms for 70,000 employees, following thousands of complaints by flight attendants who said the current outfits were making them ill. The carrier is selecting a new provider and won’t renew its contract with Twin Hill, a unit of Tailored Brands Inc., American said in a letter to employees. ...

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Italy’s Leonardo looks abroad as new CEO takes helm

PARIS / Reuters The new chief executive of Italy’s defence and aerospace group Leonardo will target the Gulf and Far East as part of an aggressive expansion drive to boost its international presence, according to company and government insiders. After years of cuts to defence budgets that have curbed demand for military equipment, including in Italy, Alessandro Profumo is looking ...

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Fuel oil profit margins rise to five-year high

SINGAPORE / Reuters Fuel oil profit margins have surged to their highest in more than five years on lower supplies and rising demand from electric power generators, which may push some refiners to increase their runs. Fuel oil, the residue left over after initial crude refining, has become scarce in Asia as refiners make their plants more complex by upgrading ...

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