Thomson Reuters

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  Wall Street flat on Eurozone concerns, Greek election

  The Dow Jones industrial average was up 9.04 points, or 0.07 per cent, at 12,563.24.

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  Ex-Goldman Director Gupta Loses Bid to Stay Out of Prison

  Former Goldman Sachs Group Inc director Rajat Gupta will begin serving a two-year prison term on June 17 after a US federal appeals court rejected his bid to stay free while he appeals his insider trading conviction.

• Overseas Funds Seek to Buy Stake in Aditya Birla Retail for $400-500 Million: Report

  L Capital, Temasek Holdings and International Finance Corp are in advanced talks to buy a 30 per cent stake in the retail arm of Aditya Birla Group for about $400-500 million (Rs 2400-3000 crore at 1 dollar = 60 rupees), two sources with direct knowledge of the matter told Reuters.

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  S&P Upgrades Outlook for India Rating to Stable: What Experts Say

  Standard and Poor's raised the outlook for India's 'BBB-minus' rating to 'stable' from 'negative', saying the country's government mandate and improved political setting offered a conducive environment for reforms.

• Icahn Urges 'Undervalued' Apple to Buy Back More Shares

  Billionaire activist investor Carl Icahn said Apple Inc shares could double in value and urged the company's board to buy back more shares using its $133 billion cash pile.

• World Stocks Start Week Lower, China Data Can't Lift Gloom

  World stocks started the week on a negative note and crude oil prices fell to near-four-year lows with forecast-beating Chinese trade data unable to lighten investors' mood about the health of the global economy.

• Cairn India Q2 Operating Profit Seen at Rs 2,775 Crore: StarMine

  Cairn India Ltd's July-Sept operating profit may lag consensus, according to the Thomson Reuters StarMine's SmartEstimates.

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  Emerging markets' capital flight jars with haven view

  There is something unnerving about seeing domestic capital spinning out the same revolving door in emerging markets.

• Cairn Agrees $575 Million Loan to Help Develop Oil Fields

  The London-listed group, dragged into India's tax crackdown on foreign companies in January, also announced on Thursday that the financial damage resulting from the tax authorities' freeze on its $1.1 billion of Indian assets will be assessed by the company in August.

• Wall Street Dips as Retailer Earnings Disappoint

  US stocks dipped on Tuesday, weighed down by retailers after earnings from TJX Companies and Staples.

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  Asia stocks fall after Moody's downgrades global banks

  MSCI's index of Asia Pacific shares outside Japan and Tokyo's Nikkei share average both slipped 0.8%.

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  Rupee falls to six-week low on import bills, weak local shares

  Negative local stocks, subdued global risk appetite due to a slowing Chinese economy and risks surrounding Greece's debt crisis weighed on the rupee.

• Blackstone Raises Largest Buyout Fund at $22 Billion

  Blackstone completed the first close for its eighth private equity fund last month. 

• Refinitiv's Tradeweb Is Said to File Confidentially for U.S. IPO

  The bond-trading platform could be worth more than $4 billion in an IPO, the sources said.

• Biggest Leveraged Loan of 2018 Hits Market for Reuters Buyout

  $8 billion of corporate loans to fund buyout of Thomson Reuters’ financial-and-risk operations is 2018’s biggest leveraged loan.