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The private equity owner of Rawlings Sporting Goods Co., one of the oldest makers of baseball apparel and equipment, is exploring the sale of its stake in the company in an effort to tap booming investor demand for sports-related investments.
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Shein has finally won long-awaited Chinese regulatory approval for its planned Hong Kong listing, but slowing business growth threatens to weigh on the valuation it can command in the initial public offering.
The potential expense of a 20 percent charge to move oil and other goods through the strait has stirred concern among shippers.
India’s large-cap stocks are set to narrow their underperformance to smaller peers, supported by the return of foreign investors, an improving earnings outlook and attractive valuations, according to strategists.
The Strait of Hormuz is a major oil shipping route and the epicenter of the U.S. and Israel's ongoing war with Iran.
Oil extended gains and Asian stocks were set to track Wall Street lower after the standoff between the US and Iran intensified, raising concerns that disruptions to energy supplies could accelerate inflation.
Oil extended gains after surging more than 9% on Monday, as US President Donald Trump reimposed a blockade on Iranian ships transiting the Strait of Hormuz and demanded payment for all other cargo moving through the vital waterway.
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