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Blackstone’s profit jumps in latest quarter

Blackstone Group LP reported a pointy soar in second-quarter profit as the worth of its private-equity portfolio surged. Net source of revenue for the quarter rose to $742 million, or $1.09 a proportion, from $337.four million, or 50 cents a proportion, a 12 months previous. The price of Blackstone’s private-equity …

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Crypto King Silbert: Bitcoin at Bottom, Only Upwards From Here

CNBC’s apparently continuous protection of the crypto marketplace has persisted, with so-called Crypto King Barry Silbert showing on ‘Fast Money’ on Wednesday afternoon. Barry Silbert Gives Multiple Reasons To Why Bitcoin Has Hit A Bottom On Wednesday, Barry Silbert, an early Bitcoin investor and founding father of many crypto-related companies, lately took …

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Elliott asks Thyssenkrupp to reject Lehner claims

Elliott Management Corp. has asked Thyssenkrupp AG (TKA.XE) to distance itself from remarks made by former Supervisory Board Chairman Ulrich Lehner during an interview with Germany’s Die Zeit in which he denounced the behavior of activist investors, according to a letter made public Thursday. Mr. Lehner, who resigned from the …

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European stocks drop from 1-month high as miners slide

European inventory markets declined on Thursday, pulling again from a one-month high as mining stocks tracked a selloff within the steel costs and investors digested the most recent spherical of income experiences. U.Ok. stocks bucked the unfavourable pattern after disappointing retail gross sales information sparked renewed weak spot within the …

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