Seadrill made huge impairment in 2017

John Fredriksen's strained rig company Seadrill booked a massive impairment in 2017 of more than USD 1.5 billion, according to the annual report.

Photo: Photo: Seadrill

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IMF warns of trade war and expensive financial markets

Although risks are emerging due to a trade war, political unrest in the EU and inflated financial markets, the global recovery has not yet lost its momentum, says the International Monetary Fund in an update to its April forecast.

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