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Will cost cuts help FedEx close margin gap with UPS?

FedEx may see a profit boost from cost cuts undertaken last year, although its investors will be keen on knowing whether those actions have helped it catch up with rival United Parcel Service on the margin front.

PREVIEW Malaysia s end-May palm oil stocks seen rising as output hits 5-month high

Malaysia's palm oil inventories at the end of May are expected to rise as production swells to its highest so far this year while exports remain flat, a Reuters survey showed on Tuesday.

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