Deutsche Post Q1 operating profit slumps amid economic downturn

By Tristan Veyet (Reuters) -Deutsche Post suffered a slump in first-quarter operating profit amid deteriorating macroeconomic conditions, it reported on Wednesday, a day before its new chief executive takes the helm at the German logistics company. Many companies in the sector are struggling with bloated delivery capacity, a fizzling of online sales that peaked during …

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Blast causes another freight train to derail in Russia region near Ukraine

(Reuters) -An explosion derailed a freight train for the second day in a row in a Russian region bordering Ukraine on Tuesday, sending both the locomotive and some cars off the tracks, authorities said. The incident occurred in the western Bryansk region, which borders both Ukraine and Belarus. Russian officials say pro-Ukrainian sabotage groups have …

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Chinese data provider tightens some information access for offshore users-sources

HONG KONG (Reuters) -Chinese financial data provider Wind Information Co has blocked some offshore users from accessing certain business and economic data, people with knowledge of the matter said, fuelling concern about information access in the world’s second-largest economy. Wind, one of the biggest Chinese data aggregators, has made part of its data inaccessible for …

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India’s Multiples Alternate announces $640 million first close of private equity fund

(Reuters) – Indian private equity firm Multiples Alternate Asset Management on Wednesday announced the first close of a $640 million fund aimed at investing in domestic companies. A first close allows a fund to start investing in companies while raising capital for its own fund. The Canada Pension Plan Investment Board (CPPIB), along with financial …

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Factbox-Serbia school shooting and other major killings of children

(Reuters) – A 14-year-old boy shot his teacher in a Belgrade classroom on Wednesday before opening fire on other students and security guards, killing eight pupils and a security guard, Serbia’s interior ministry said. Here are details of some previous school shootings and mass killings of children around the world: – NASHVILLE, TENNESSEE, March 27, …

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