Saturday 30 April 2016
 
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Goldman Sachs

Goldman Sachs to pay $5bn in mortgage pact

Goldman Sachs Group has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the US Department of Justice said on Monday. The settlement, which Goldman disclosed in Janua

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Row over Libya's $67bn fund reaches UK court

A long-running dispute over the leadership of Libya's $67 billion sovereign wealth fund reaches London's High Court on Monday, potentially paving the way for litigation against two global investment banks to move forward.

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Opec, Russia coordinated oil output cuts unlikely: Sachs

Coordinated oil production cuts between Opec producers and Russia are "highly unlikely" since a deal would require further cooperation between Opec members amidst Iran's growing production and ongoing rift with Saudi Arabia, Gold

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Goldman reigns supreme in record M&A year

As iconic brands are snapped up and corporations merged and swallowed in a record-breaking whirl of deals, there has been one constant: Goldman Sachs Group. The Wall Street firm is once again top dog in the global M&A rankings

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Oil likely to stay below $50 next year: Goldman Sachs

Goldman Sachs head of commodities research and commodities bear Jeff Currie said on Thursday that he does not see the price of oil breaking above $50 a barrel in the next year, but the chances of it dropping to $20 are below 50 per cent.

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Crude prices could fall to production cost levels: Goldman

Goldman Sachs said crude oil prices could fall to production cost levels if the current supply glut stretches beyond available logistical and storage capacity.   "Fundamentals remain weak and we view the mar

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Goldman warns oil may drop to $20

Citing "operational stress" as a growing downside risk, influential Wall Street trader Goldman Sachs said on Friday that the risk that oil could fall as low as $20 a barrel is rising, cutting its forecasts again. “

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Goldman cuts oil price forecasts for next 5 years

Goldman Sachs slashed its crude oil price forecasts for 2016 to 2020, citing improved US shale efficiency meeting global oil demand, coupled with unimpeded Opec productivity. "We see global oil demand being met by U.S. shale,

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Foodpanda raises additional $100m in funding

Berlin-based foodpanda/hellofoods, a leading global online food delivery marketplace, has received new financing of $100 million. The financing was led by Goldman Sachs, while existing investors including Rocket Internet also part

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Foodpanda raises additional $100m in funding

Berlin-based foodpanda/hellofoods, a leading global online food delivery marketplace, has received new financing of $100 million. The financing was led by Goldman Sachs, while existing investors including Rocket Internet also part

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