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Rocket Internet, the German start-up, has priced shares for its IPO at a market capitalisation of €6.2 billion ($7.9 billion), the FT reports.

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Wall Street jumps after rate cut. The Federal Reserve lowered interest rates as expected to 4.50 percent. The Dow rose after the decision, as well as the Standard & Poor's 500 index and the Nasdaq composite index. The dollar moved…