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Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...- Louvre museum 'running out of steam', says new directorThe Louvre museum is struggling to find funding to upgrade its ageing facilities, its new director said Wednesday, following a litany of pr...
- Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...
- War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Dollar at week high as markets raise doubts over Iran ceasefireOn the policy front, Federal Reserve nominee Kevin Warsh's comments at a Senate confirmation hearing were interpreted as slightly hawkish, ...
- GIFT Nifty up 60 points; here's the trading setup for today's sessionIndian equities are poised for consolidation at higher levels after a significant 10% rally. Investors are closely watching the US-Iran pea...
- Global Market Today: Oil jumps, stocks wobble as Mideast ceasefire hangs in the balanceMiddle East tensions sent oil prices soaring and stock markets wavering as shipping through the Strait of Hormuz slowed to a crawl. Despite...
- Adidas break up with rapper Kanye West, to lose brand YeezyLosing the Yeezy brand is "of course hurting us," new CEO Bjorn Gulden said in a statement.
- View: Euro's rise not 'brutal' enough, yetThe euro hit its highest levels in six years this week - up more than 7% in just 160 trading days. The last time it rose that far that fast...
- GA, KKR in talks to acquire EuroKids preschool chainsIn the organised preschool market, EuroKids competes with brands such as Amelio, Kidzee, Little Elly, Lily Candies, Little Einsteins and se...
- French cement major Lafarge to raise 200 million euros from Baring Private EquityFrench cement major Lafarge today said it will raise 200 million euros from Baring Private Equity Asia by selling a 14 per cent stake in it...
- French president Francois Hollande pledges to push for growthFrancois Hollande, who defeated French President Nicolas Sarkozy to become the first Socialist in 17 years to control Europe's second-bigge...
- Euro barely changed after weak US dataThe European currency has been weighed down recently as Europe continues to struggle with its government debt crisis.
- Euro steady at $1.3642 after better US dataThe euro is steady against the dollar after an upbeat round of U.S. economic data nudged it off five-month highs.
- Euro steady ahead of US jobs reportThe euro is barely changed against the dollar as markets focus on the upcoming release of a closely watched US jobs report.
- Euro regains lost ground, back up to $1.2859The euro has regained more of the ground it lost last week against the dollar when worries intensified about slowing global economic growth.
- Euro slightly higher against dollarThe euro was a little higher against the dollar on Thursday, while the British pound fell as markets awaited interest rate decisions in Eur...
- Societe Generale apologizes over fraudThe rogue futures trader who cost French bank Societe Generale $7.14 billion had been betting on a much larger scale - with tens of billion...
- Dollar ends barely steady against rupeeThe US Dollar ended barely steady against the rupee at Rs 39.44/45 per dollar but the Pound Sterling turned lower at Rs 80.02/04 per pound ...
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