Hints and tips:
...Venture capital firms, professional investors that had helped get FTX off the ground have had to write down their investments, some of them worth hundreds of millions of dollars, down to a big fat zero....
...(Financial Times) George Soros’s Quantum Endowment fund had its second-best year ever in dollar terms in 2013, adding $5.5bn to the billionaire’s fortune and putting Quantum back in top place among the...
...(WSJ) “Kellogg said Monday that it will cut about 2,000 jobs, or 7% of its global workforce, over the next four years as part of a billion-dollar cost-cutting plan.”...
...(Wall Street Journal) Goldman Sachs has put four senior technology specialists on leave after an embarrassing trading glitch last Tuesday that is likely to cost the bank tens of millions of dollars, according...
...Shares in Italy’s third-largest bank by assets, which has requested a second state bailout in four years, have fallen more than 22% in the past few days since revelations five days ago of derivatives transactions...
...India scored 316 runs and lost four wickets on the first day of a five-day match....
...Thank you, God bless you, and God bless the United States of America....
...President Thein Sein arrived for his first trip to Thailand since he became president in March last year and initiated political and economic reforms after almost five decades of repressive military rule...
...The fact that nearly three-quarters of all $100 bills circulate outside the United States attests to the dollar’s dominance of this dubious realm....
...CFM International, one of the world’s major aircraft engine makers, is a joint venture between Snecma — a subsidiary of Safran Group of France — and General Electric of the United States....
...It gave no details of the raids but said Italy had granted the use of eight planes — four fighters and four Tornados specialised in knocking out radar — and that some had seen action....
...And that’s the deal you get in a bankruptcy court. Only two parties do all right—the secured creditors and the advisors. They get 100 cents on the dollar....
International Edition