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Swedish private equity firm EQT AB is preparing for a slowdown in investment exits as banks turn more circumspect about deal financing and initial public offerings grind to a halt. Continue Reading »
Iraq plans to cut oil exports next month as OPEC presses members to adhere to production targets, according to an official with knowledge of the matter. Continue Reading »
A three-day rebound in US Treasuries will be tested on Wednesday as investors await commentary from Federal Reserve Chair Jerome Powell and a bond auction. Continue Reading »
Wipro ADR: U.S.-listed shares of India's fourth-largest IT services firm fell 5% at $2.71 in premarket trading after the company said it expects revenue in the April–June quarter to fall between 1.5% and 3.5%. Continue Reading »
Paytm CEO Sharma owned a 14.7% stake in Paytm a year before the company's 2021 public filing. To become eligible for ESOP grants, he reduced his shareholding to 9.1% by transferring 30.97 million shares to Axis trustee Services, which acted on behalf of the Sharma family trust. Continue Reading »