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...Demand remained strong for all segments at its subsidiary John Crane, which sells mechanical seals to oil pipelines and gas pumps, as the record order book converted to revenue in the third quarter....
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...An index of the 100 largest money market funds run by Crane Data, which tracks the industry, shows yields have climbed on average to 2.77 per cent from 0.02 per cent at the start of the year....
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...“They built Jebel Ali in Dubai, took the model including the cranes and are rolling it out globally,” he said....
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