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UPDATE 1-U.S. oil drillers cut rigs for 1st time in 12 weeks -Baker Hughes

June 22 U.S. energy companies this week cut one oil rig, the first reduction in 12 weeks, after drillers started to slow down the rate of additions this month as pipeline constraints put a damper on future production.

EU mergers and takeovers (June 22)

BRUSSELS, June 22 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Italy's BPER to cut problem-loan ratio to 18 pct with securitisation

MILAN, June 22 Italy's sixth-largest banking group, BPER Banca, said on Friday that its problem-loan ratio would fall to 17.8 percent once its Banco di Sardegna unit completed a 900 million euro ($1 billion) loan securitisation deal.

1:13pm EDT

U.S. oil drillers cut rigs for 1st time in 12 weeks -Baker Hughes

June 22 U.S. energy companies this week cut one oil rig, the first reduction in 12 weeks after drillers started to slow down the rate of additions this month as pipeline constraints put a damper on future production.

Renewable energy seeks demand, investment to survive Trump squeeze

NEW YORK, June 22 The wind and solar industries hope demand for carbon-free power from U.S. cities, states and corporations can offset headwinds from President Donald Trump's tax policy and tariffs, developers said this week.

Financials
Berkshire Hathaway Inc $286,970.00 +0.69%
JPMorgan Chase & Co $106.86 -0.60%
Bank of America Corp $29.11 -0.61%

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