Record heat across Europe has disrupted transport and forced schools and tourist sites to close, with temperatures rising as much as 18 degrees Celsius (32.4 degrees Fahrenheit) above seasonal norms, according to the Reuters Climate Monitor.
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The U.S. Securities and Exchange Commission’s enforcement division is probing funds typically used by private equity firms and other money managers to hold on to assets they either cannot or do not wish to sell, as the agency explores potential issues in private markets, said three people familiar with the matter.