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Shipping routes crucial to global commerce remained disrupted as the conflict in the Middle East continued.
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Most NATO members reject U.S.-led Hormuz Strait coalition, Trump says AxiosMiddle East war live: US does not need military help from Nato or other allies, Donald Trump says Financial TimesWhy Won't Europe Help Trump in Iran? Let's Count the Reasons. The New York Times‘Never heard him so angry': Trump is furious that global allies aren't pitching in in Iran PoliticoTrump lashes out at European allies that rejected his calls to help in Iran CNN
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Global oil prices settled at their highest level in three-and-half years on Tuesday, as some nations refused a U.S. call for help to secure the Strait of Hormuz.
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Venture capital and growth equity investor Sands Capital has picked up $1.1bn at the final close of its third Global Innovation Fund, which targets "category-defining companies scaling in the private markets".
The post Sands Capital scores $1.1bn close for third Global Innovation Fund appeared first on AltAssets Private Equity News.
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American ports are far removed from the conflict in the Middle East, but they are seeing rising bunker-fuel prices and increased uncertainty.
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Bain Capital has agreed a buyout of Australia-based Perpetual's wealth management business, with the initial deal giving it a valuation of A$500m.
The post Deal Roundup: Bain Capital carves out Perpetual wealth management arm, Charlesbank buys into Overbay Capital appeared first on AltAssets Private Equity News.
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It probably helps that Wall Street analysts have continued to raise their earnings forecasts, according to Ed Yardeni, founder of Yardeni Research.
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