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| Trade war fears fail to dent boom in IPOs Across Europe, the first quarter of the year recorded 67 initial public offerings (IPOs) raising a total of €12.5bn (£10.8bn), up from 54 and €4.6bn in the same period in 2017, according to PWC's latest survey of flotations. The UK lagged behind after a strong performance at the start of last year. The London ...
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| Sequoia Fund buys stake in Facebook The Sequoia Fund has taken a stake in Facebook in the wake of a data scandal that has rocked the company's share price. Ruane, Cunniff & Goldfarb, the manager of the mutual fund, said in a note to clients that it bought a small stake in Facebook at the end of the first quarter following the break out of a ...
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| Somalia seizes $9.6m from UAE plane in Mogadishu The money was found in three unmarked bags on a Royal Jet plane, the Somali interior ministry said, and its seizure resulted in an hours-long standoff between airport officials and UAE embassy staff in Mogadishu. Royal Jet is an airline based in Abu Dhabi, aimed at the luxury market between the UAE ...
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| A Quiet Place Topples Ready Player One in Box Office Debut "A Quiet Place," a horror feature starring real-life husband and wife John Krasinski and Emily Blunt, definitely made some noise in its debut weekend, dethroning Steven Spielberg's "Ready Player One" and handing Paramount Pictures its first box-office win since June. The feature from Viacom Inc.'s film ...
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