Latest News on private equity markets

Wall Street edges higher on stimulus efforts, trade hopes

U.S. stocks rose on Friday as an interest rate cut by China's central bank and signs of co-operation on trade between the world's two largest economies allayed concerns over global growth.



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Fed's Clarida: Interest rate decisions will be on case by case basis

The U.S. economy is in a good place but risks mean that the Federal Reserve will decide the course of interest rates from one meeting to the next, Fed Vice Chair Richard Clarida said on Friday.



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No-deal Brexit would force Japanese investors to reassess 40-year bet on UK

Japanese companies and investors would be forced to reassess their four-decade bet on the United Kingdom if there is a disorderly exit from the European Union that shattered supply chains and cut off access to the bloc, Japan's ambassador said.



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Commerzbank aims to cut jobs, branches after Deutsche merger fails

Commerzbank said on Friday it wanted to cut 2,300 jobs and reduce the number of branches in a strategy overhaul, after the German lender's attempt to merge with Deutsche Bank failed.



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Oil heads for 7% weekly gain after Saudi attacks

Oil prices were on track for their biggest weekly jump since January, lifted by rising Middle East tensions after a key Saudi Arabian supply hub was knocked out by an attack last weekend.



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Uber awaits renewal decision on vital London license, just five days before expiry

Uber is still waiting to see whether its license in London, which expires on Wednesday, will be renewed as the regulator, which previously stripped the taxi app of its right to operate in the city, remains tight-lipped about the decision.



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Here are the biggest analyst calls of the day: Roku, Molson Coors, Etsy & more

Here are the biggest calls on Wall Street on Friday

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Brazil's Petrobras confronts new foe: fuel thieves

Brazilian state-run oil firm Petrobras has in the last five years battled an epic corruption probe, a crippling recession and unsteady crude prices.



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Wall Street gains on stimulus cues, U.S.-China trade progress

U.S. stocks ticked higher on Friday, as cues of easing monetary policy around the globe and signs of further co-operation on Sino-U.S. trade talks kept the S&P 500 within 1% of a record high.



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Factbox: Traders in trouble - how does Mitsubishi's loss stack up?

Mitsubishi Corp said on Friday a trader at its Singapore-based unit had lost $320 million through unauthorized transactions in crude oil derivatives, and the matter had been reported to the police.



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Fedspeak in three voices, from recession to bubbles to 'in a good place'

After delivering a split-decision rate cut earlier this week, U.S. Federal Reserve officials put their divisions over the state of the economy and what should be done about it on full display Friday with warnings of a slowdown and financial risks bookending talk of how well things are going.



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Fed's Clarida hails strong U.S. consumer but says risks remain

The U.S. consumer sector is in excellent shape but risks to the economic outlook mean that the Federal Reserve will decide the course of interest rates from one meeting to the next, Fed Vice Chair Richard Clarida said on Friday.



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Saudi Aramco sees full oil production from attacked sites by end September

Saudi state oil company Aramco said it will bring back by end September full crude output at Abqaiq and Khurais, the two oil facilities damaged by attacks last weekend that U.S. officials have blamed on Iran.



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India's stock market skyrockets the most in 10 years after surprise tax cut

The India S&P BSE Sensex index jumped 5.3% to notch its biggest one-day gain since May 5, 2009. That day, the index soared 17.3%.

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If you hit the $211 million Mega Millions jackpot, here's what you'll pay in taxes

While the odds are stacked against players scoring the jackpot — your chance is about 1 in 302 million — the IRS is always a guaranteed winner.

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