Funding & Business
Oil Steadies as Industry Report Points to Gain in US Stockpiles
Oil steadied as traders weighed signs of swelling US crude stockpiles and the fallout from President Donald Trump’s tariff regime.
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Turkey raised withholding taxes on lira-denominated deposits and mutual funds, tightening its grip on household savings as it seeks fresh revenue to ease the budget deficit.
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The Hong Kong Jockey Club is divesting as much as $1 billion in funds held with Blackstone Inc. and other buyout firms, offloading US assets amid escalating trade tensions that have intensified since Donald Trump’s presidency.
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European private equity firm Exponent has raised more than €1 billion ($1.2 billion) for its latest flagship fund focused on mid-market investments.
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