has increased its stake in Flipkart through a $1.4 billion purchase of shares from a major investor in the Indian e-commerce group.Oil prices rose Monday as a more upbeat look at the crude market by Goldman Sachs overshadowed weak ChineseInfluential investment bank Goldman Sachs on Sunday lifted its global oil demand forecast for the year to an all-time high of 102.
The crude market is on track for its biggest monthly gain in over a year on expectations of tightening global supply with Saudi Arabia seen as likely to extend its production cuts into September.
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