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Venture capital deals hit 15-year high

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Venture capital investments rose to their highest level in nearly 15 years during the second quarter, with the majority of funding going to software and media/entertainment companies, according to a report released Friday.

Trader said he made mistakes

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Tom Hayes, a former trader on trial on Libor manipulation charges, told a London court on Wednesday he had made mistakes and 'educated guesses' during interviews with investigators while he was cooperating with Britain's Serious Fraud Office (SFO) in 2013.

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Goldman Sachs now expects UK recession

Britain is likely to enter a recession within the year as a result of last week's vote to leave the European Union, a decision that will stunt global economic growth as well, Goldman Sachs' top economists said on Sunday.