TNT says profit down on volatile China, Brazil markets – but bullish on FedEx takeover

Source: www.joc.com --- Monday, October 05, 2015
LONDON — TNT Express said its third-quarter operating profit will be “materially lower” than last year due to economic volatility in China, Brazil and Australia. But the Dutch parcels company played down reports that European Union regulators could block its 4.4 billion euros (4.9 billion) acquisition by its larger U.S. rival... ...

from Australia http://ift.tt/1VB2sqN