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Global equity funds snap two-week outflow as AI optimism returns

Global equity funds snap two-week outflow as AI optimism returns

Sept 25 (Reuters) - Global equity funds attracted the most inflows since early July in the week to September 25, snapping a two-week selling streak as enthusiasm around artificial intelligence and a pullback of oil prices outweighed a sharp rise in government bond yields.
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Drug developer City Therapeutics files for US IPO as biotech listings surge

Drug developer City Therapeutics files for US IPO as biotech listings surge

Sept 24 (Reuters) - Drug developer City Therapeutics filed for a US initial public offering on Thursday, joining a rush of biotech firms lining up to tap the fall IPO window. 
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City Therapeutics files for US IPO as biotech listings surge

City Therapeutics files for US IPO as biotech listings surge

Sept 24 (Reuters) - City Therapeutics filed for a US initial public offering on Thursday, joining a rush of biotech firms lining up to tap the fall IPO window.
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Apollo private credit fund redemption requests ease in third quarter

Apollo private credit fund redemption requests ease in third quarter

Sept 22 (Reuters) - Asset manager Apollo Global Management recorded lower withdrawal requests at its flagship private credit fund in the third-quarter tender offer, suggesting redemption queues are beginning to clear.
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Oil falls 1% after reports suggest Iran could reopen Hormuz within seven days

Oil falls 1% after reports suggest Iran could reopen Hormuz within seven days

By Anushree Mukherjee LONDON, Sept 22 (Reuters) - Oil prices fell on Tuesday after reports that Iran said it could reopen the Strait of Hormuz within seven days if the US takes initial steps to ease military pressure, easing concerns over disruptions to a key global oil shipping route.
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Global stocks stall, oil ticks up as investors await Mideast peace signals

Global stocks stall, oil ticks up as investors await Mideast peace signals

By Niket Nishant and Wayne Cole Sept 23 (Reuters) - Global shares paused on Wednesday after a four-day winning streak as oil prices drifted higher while investors awaited details on peace efforts in the Middle East. Hopes of improving crude supplies have weighed on oil prices for most of this week.
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Corporate bond buyers get picky with flood of AI debt

Corporate bond buyers get picky with flood of AI debt

By Gertrude Chavez-Dreyfuss NEW YORK, Sept 22 (Reuters) - The market for highly rated corporate credit has split in two: bonds issued by AI-related firms are being met with caution, while those sold by so-called traditional issuers such as financial and industrial firms are prompting spirited
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Oil falls to two-week low as Gulf supply outlook improves

Oil falls to two-week low as Gulf supply outlook improves

By Anushree Mukherjee LONDON, Sept 22 (Reuters) - Oil prices fell to a two-week low on Tuesday as prospects for increased oil supplies from the Gulf eased market concerns, with Iran signaling it could reopen the Strait of Hormuz within seven days and Saudi Arabia set to resume exports from its Red
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Binance faces US scrutiny over possible Iran sanctions violations, source says

Binance faces US scrutiny over possible Iran sanctions violations, source says

Sept 22 (Reuters) - US prosecutors are investigating Binance in connection to US sanctions on Iran and trading activity on its platform, a source with knowledge of the matter said.
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Data center firm Accelevation targets up to $5.4 billion valuation in US IPO

Data center firm Accelevation targets up to $5.4 billion valuation in US IPO

Sept 22 (Reuters) - Accelevation is targeting a valuation of up to $5.37 billion in its US initial public offering, the data center infrastructure company said on Tuesday, joining a wave of firms tapping investor demand for AI-related stocks.
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AI infrastructure firm Accelevation targets up to $5.4 billion valuation in US IPO

AI infrastructure firm Accelevation targets up to $5.4 billion valuation in US IPO

By Pragyan Kalita Sept 22 (Reuters) - Accelevation is targeting a valuation of up to $5.37 billion in its US initial public offering, the data center infrastructure company said on Tuesday, joining a wave of firms tapping investor demand for AI-linked stocks.
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Oil prices rise on Trump timeline for Iran peace deal: after US elections

Oil prices rise on Trump timeline for Iran peace deal: after US elections

By Erwin Seba HOUSTON, Sept 22 (Reuters) - Oil prices rose on Tuesday as traders worried about global supplies after US President Donald Trump told the United Nations General Assembly in a speech that a peace deal with Iran could come after the US midterm elections, which are not until early