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Business

Hedge fund Elliott, Jane Street invoke Human Rights in LME nickel lawsuit

By bahzaniorg July 25, 2022July 19, 2022

U.S. hedge fund Elliott Associates and Jane Street Global Trading are invoking the Human Rights Act as they seek to sue the London Metal Exchange (LME) for a combined $472…

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Business

U.S. oil mergers drop to $12 billion as volatility limits deals

By bahzaniorg July 24, 2022July 19, 2022

U.S. oil and gas dealmaking fell to $12 billion last quarter, down from the first quarter and nearly a third of the $34.8 billion in the same period a year…

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Business

Twitter back up after global outage

By bahzaniorg July 23, 2022July 19, 2022

Twitter (TWTR.N) said its service was back online following a major outage on Thursday that kept thousands of users across the globe from accessing the social media platform. The near…

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Business

Why Elon Musk’s fight with Twitter could draw further SEC scrutiny

By bahzaniorg July 22, 2022July 19, 2022

Twitter Inc's (TWTR.N) fight with Elon Musk to enforce his $44 billion deal to buy the social media platform could attract scrutiny from the U.S. securities regulator over whether Musk…

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Business

Deutsche Bank’s International Private Bank hires 4 bankers in Americas

By bahzaniorg July 21, 2022July 19, 2022

Deutsche Bank's (DBKGn.DE) International Private Bank on Thursday hired four bankers in the Americas. The new hires will help the bank strengthen its commercial real estate and structured lending businesses,…

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Business

Morgan Stanley profit slumps 30% as deals stall, recession risks rise

By bahzaniorg July 20, 2022July 19, 2022

Morgan Stanley's second-quarter profit slumped 30%, it reported on Thursday, falling short of analysts' estimates for the first time in nine quarters, as its investment banking business suffered from a…

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Business

Wall Street banks worry about economic storms ahead

By bahzaniorg July 19, 2022July 19, 2022

Wall Street's biggest banks sounded cautious on economic headwinds ahead, reducing risk in certain areas as they assess the likelihood and severity of recession, with JPMorgan's Jamie Dimon likening the…

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