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UPDATE 2-Orange's network investments help ward off low-cost rivals in France

* Ups annual cost cut target to 300 mln euros from 250 mln

Industrials 4:47am EDT

Fitch Rates Global Cloud Xchange's USD350m Bond Final 'BB+/RR1'

(The following statement was released by the rating agency) SINGAPORE/SYDNEY/HONG KONG, July 29 (Fitch) Fitch Ratings has assigned GCX Limited's USD350m 7% senior secured notes due 2019 a final rating of 'BB+' and a Recovery Rating of 'RR1'. The final rating follows the receipt of documents conforming to information already received, and is in line with the expected rating assigned on 14 July 2014. GCX Limited is a wholly owned subsidiary of Global Cloud Xchange Limited (GCX; B+/Stable). GC

Media 4:34am EDT

UPDATE 1-Russia's Bashneft to sell oil products worth $5.2 bln

MOSCOW, July 29 - Russian mid-sized oil producer Bashneft said in a regulatory filing on Tuesday it has secured deals to sell oil products worth $5.2 billion to international traders as it boosts its own trading business.

Energy, Industrials, 3:23am EDT

Russia's Bashneft says to sell oil products worth $5.2 bln

MOSCOW, July 29 - Russia's mid-sized oil producer Bashneft said in a regulatory filing on Tuesday it has secured deals to sell oil products worth $5.2 billion to international traders.

2:29am EDT

France's Orange won't carry Netflix on set-top boxes at first -CEO

PARIS, July 29 - France's largest telecom operator, Orange, will not carry Netflix's service on its roughly 10 million set-top boxes when the streaming video launches this fall, Chief Executive Stephane Richard said on Tuesday.

Telecommunications Services
Verizon Communications Inc $51.58 +0.58%
AT&T Inc $35.65 +0.31%
Sprint Corp $7.64 -1.04%

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