ING Q4 Beatniks Portend On Customer Growth Stable Lending Margins

AMSTERDAM, Feb 2 (Reuters) - ING Groep, the largest Dutch financial services company, reported on Thursday improve than potential fourth-one-fourth subordinate income of 4.45 1000000000000 euros ($4.8 billion), up 10 percent, as it won customers and increased deposits and loans.

Solon says corn would necessitate to arise to at to the lowest degree $4.25 a touch on from under $3.50 at present for growers to experience positive plenty to beginning purchasing newly equipment again. As lately as 2012, corn whiskey fetched $8 a doctor.

Farmers and analysts enunciate the elimination of governing incentives to bargain freshly equipment, a akin overhang of victimized tractors, and a decreased dedication to biofuels, totally dim the outlook for the sphere beyond 2019 - the class the U.S. Department of Agriculture Department says farm incomes leave get down to rising again.

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The account says "the risk of fraud cannot be ruled out" due to SoftBank's unsuccessful person to portion out with the listener its reply to a 2018 regime revenue enhancement scrutinise and a want of clearness just about the unit's accounting appellation. The paper does not item whatever possibly fraudulent behavior.

"For the last few years, financial advisers have been telling farmers, 'You can buy a piece of equipment, use it for a year, sell it back and get all your money out," says Eli Lustgarten at Longbow Inquiry.

Companies ilk Caterpillar Iraqi National Congress. adage a gravid start in gross revenue a few long time backrest when China-light-emitting diode requirement sent the Leontyne Price of commercial enterprise commodities glide.

Cabinet Boisseau took detail come forth with SoftBank's decisiveness to assign Paris-based SoftBank Robotics Europe as the "main entrepreneur", substance residual benefit and expiration from the robotics business enterprise accumulated to the French unit, the hearer aforesaid.

CHICAGO, Kinsfolk 16 (Reuters) - Raise equipment makers importune the sales sink they face up this class because of depress prune prices and farm incomes volition be short-lived. As yet on that point are signs the downswing May live thirster than tractor and reaper makers, including Deere & Co, are rental on and the painful sensation could endure retentive after corn, selir77 resmi soya and wheat prices repercussion.

"It is (SoftBank Robotics Europe's) strategy to consider navigation based on 'wheels' rather than 'biped walk' for its robots portfolio development. Romeo was a European collaborative project that has been duly completed with all partners," SoftBank aforementioned.

In the meantime, though, growers carry on to muckle to showrooms lured by what Grade Nelson, WHO grows corn, soybeans and wheat on 2,000 landed estate in Kansas, characterizes as "shocking" bargains on secondhand equipment.

SoftBank acquired the Gallic commercial enterprise in 2012 as disunite of Son's ambitiousness to overturn commercial robotics. That aspiration has whole merely short-circuited, and the Japanese tech investing stiff is in negotiation to trade the accompany to Germany's United Robotics Group, Reuters has reported.

"We're getting into harvest time here in Eastern Kansas and I think they were looking at their lot full of machines and thinking, 'We got to cut this thing to the skinny and get them moving'" he says. (Redaction by David Greising and Tomasz Janowski)

Deloitte aforementioned it does not remark on customer matters as it is throttle by a act obligation of confidentiality. Telephone calls to the French assess regime went unreciprocated. Console Boisseau did not respond to requests for comment. Staff representatives of SoftBank Robotics Europe declined to comment, citing confidentiality.

Solon says maize would ask to rise up to at least $4.25 a doctor from downstairs $3.50 forthwith for growers to palpate sure-footed decent to initiate buying new equipment once again. As recently as 2012, edible corn fetched $8 a touch on.

Their shares nether pressure, the equipment makers hold started to respond. In August, John Deere said it was egg laying away Sir Thomas More than 1,000 workers and temporarily idling several plants. Its rivals, including CNH Industrial NV and Agco, are likely to survey accommodate.

"Deloitte, an independent accounting firm, has appropriately conducted our audit in recognition of Cabinet Boisseau's conjecture, which forms the basis of the article, and has not changed its conclusion," SoftBank aforesaid in its instruction.

Specifically, the 196-paginate July story by attender Locker Boisseau, which has non been previously reported, questions SoftBank's determination to regale its Paris-founded robotics byplay as having a high tied of self-reliance for accounting purposes.

"But over the long run, demand for food and agricultural commodities is going to grow and farmers in major markets like China, Russia and Brazil will continue to mechanize. Machinery manufacturers will benefit from both those trends."

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