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Carlyle reports better-than-expected third-quarter earnings

Buyout firm Carlyle Group Inc reported on Thursday a smaller-than-expected 6% drop in third quarter distributable earnings as growth in its private equity and credit businesses partly offset a decline in asset sales from its real estate and energy divisions.

Global stocks steady after second-wave turmoil

European stocks and commodity markets struggled to stabilise on Thursday, after a return to national lockdowns in some of the region's biggest economies triggered the most brutal global selloff in months.

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