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Apollo Global reported third-quarter earnings that fell short of Wall Street estimates due to a slump in private equity dealmaking. Tata Steel is expected to announce the shutting of blast furnaces at its UK operations, along with thousands of job cuts. The company also reported an unexpected quarterly loss as the poor performance of its European units failed to offset an increase in production in India. Tata Steel canceled a press conference where the firm was expected to announce the shuttering of blast furnaces at its UK steel plant alongside job cuts. Adani Enterprise's quarterly profit slipped 50% after battling a short seller attack earlier this year.
