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Brent oil rises above $62 as energy firms slash investments →  December 18, 2014

LONDON (Reuters) – Brent crude jumped 2 percent to above $62 a barrel on Thursday, as some traders bet a six-month price rout could be ending as more energy firms cut investment budgets. Oil this week hit a five-year low of $58.50 and has almost halved since June as fast-growing U.S. shale output overwhelmed demand, […]

Eight Children ‘Stabbed To Death’ In Cairns →  December 19, 2014

Eight children have been found stabbed to death at a house in Cairns, Australia. The children are reportedly aged between 18 months and 14. Police were called to a property in the suburb of Manoora following reports of a woman with serious injuries. During the search of the house the bodies of the children were […]

Amir Khan: Floyd Mayweather is scared of me →  December 18, 2014

Khan pulled out of a title fight with Alexander last December in the hope of fighting Mayweather this year, and if Mayweather and Pacquiao go ahead with their fight, Khan insisted he would refuse promoter Eddie Hearn’s offer of a Wembley payday against Sheffield’s IBF champion Kell Brook. “I’m not really interested in the Kell […]

Male bankers beat females in hedge fund job hunt →  December 18, 2014

Groupon, Inc. (NASDAQ:GRPN) On Active News with Cisco Systems, Inc … →  December 18, 2014

Hedge fund billionaire’s wife will not contest divorce rulin →  December 18, 2014

LONDON, Dec 18 (Reuters) – Jamie Cooper-Hohn, estranged wife of hedge fund billionaire Christopher Hohn, will not contest a divorce settlement announced last month that awarded her less than half the family fortune. Cooper said in a statement on Thursday she had chosen not to appeal the judgement, opting instead to focus on her charitable […]

Hedge fund billionaire’s wife will not contest divorce ruling →  December 18, 2014

LONDON (Reuters) – Jamie Cooper-Hohn, estranged wife of hedge fund billionaire Christopher Hohn, will not contest a divorce settlement announced last month that awarded her less than half the family fortune. Cooper said in a statement on Thursday she had chosen not to appeal the judgement, opting instead to focus on her charitable activities and […]

Brent oil rises above $62 as energy firms slash investments →  December 18, 2014

LONDON (Reuters) – Brent crude jumped 2 percent to above $62 a barrel on Thursday, as some traders bet a six-month price rout could be ending as more energy firms cut investment budgets. Oil this week hit a five-year low of $58.50 and has almost halved since June as fast-growing U.S. shale output overwhelmed demand, […]

Sony Cancels Kim Jong-Un Movie After Threats →  December 18, 2014

Sony Pictures has cancelled the release of controversial film The Interview, which depicts an assassination of North Korean leader Kim Jong-Un. The company said the decision was made after major US theatre chains pulled out of showing the film following threats from hackers. “In light of the decision by the majority of our exhibitors not […]

All Black Dan Carter – rugby’s first £1m-a →  December 17, 2014

Both Carter and Racing will hope that his move proves to be more successful than his previous spell in France when he signed for Perpignan in 2008. Again, he became the world’s highest-paid player on a £500,000 six-month deal only to rupture his Achilles tendon in just his sixth game for the club. Carter is […]

Turmoil Boosts Hedge Funds That Bet Against Russia, Oil →  December 17, 2014

Randy Smith’s Alden Global Capital has been betting against the ruble for the past month and a half. Yesterday, it paid off when Russia’s currency fell as much as 19 percent. Alden, a $1.8 billion New York-based hedge fund firm, is emerging as one of the winners from a recent spike in geopolitical turmoil. Pierre […]