NEW YORK, March 8 (Reuters-peHUB) - The auction of JP Morgan Chase's private equity business, One Equity Partners, in the market since at least November, has hit an impasse, according to three people with knowledge of the situation.
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WASHINGTON - U.S. job growth accelerated sharply in February despite the icy weather that gripped much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimulus. | Video
BEIJING - China's exports unexpectedly tumbled in February, swinging the trade balance into deficit and adding to fears of a slowdown in the world's second-largest economy despite the Lunar New Year holidays being blamed for the slide.
BEIJING - The Shanghai Stock Exchange has secured approvals from regulators to set up an international trading center in the free-trade zone, the chairman of the bourse said on Saturday.
PARIS - A committee of board directors at Vivendi met on Saturday to review rival offers for telecoms unit SFR and prepare a meeting of the supervisory council possibly at the end of the week, sources close to the matter said.
The FT's Michael Mackenzie reports that the amount of money borrowed on margin to buy stocks on the NYSE hit a new, nominal high of $451 billion. That's up 20% over last year, Mackenzie reports.
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