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Global equity funds witness biggest-ever exodus

Globe

Investors yanked $29.5 billion out of global equity funds in the week that ended Aug 26, the biggest single-week outflow on record as markets around the world over went into meltdown mode, according to data from Citi.

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Jack Dorsey

Dorsey and insiders snap up Twitter shares

Twitter co-founder and interim CEO Jack Dorsey has purchased 31,627 shares of Twitter, an SEC filing says. The stock was priced at $27.67, according to the filing, making the purchase price of $875,021.