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In Brazil, another shipyard goes bust as work goes to Asia

  Bloomberg If there’s one industry where all of Brazil’s political and economic upheavals come together, it’s shipbuilding. A Rio de Janeiro shipyard, where suspended president Dilma Rousseff once promised to employ an army of welders, electricians and engineers to make offshore oil platforms, is all but shut. Every other day, 50 workers on average hand in their helmets and ...

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UnitedHealth beats estimates on Optum as ACA losses mount

  Bloomberg UnitedHealth Group Inc., the largest U.S. health insurer, reported second-quarter profit that beat analysts’ estimates, driven by growth at its Optum technology and consulting unit. Optum, whose businesses range from data analysis to running clinics, has accounted for an increasing chunk of UnitedHealth’s profit. That helped cushion an additional $200 million loss from sales of Affordable Care Act ...

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Seven Ukraine troops die in worst clashes in two months

  Kiev / AFP Ukraine said on Tuesday seven of its soldiers had been killed and 14 wounded in “very heated” fighting that marked the bloodiest clashes with pro-Russian separatists in two months. The announcement — the highest daily death toll since Ukraine reported seven of its soldiers dying on May 24 — follows a flurry of talks between world ...

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