As well as Cyrus it is made up of Virgin Atlantic, owned by billionaire Sir Richard Branson and US airline Delta, and Southend airport operator Stobart Group. Virgin and Stobart have 30% stakes. Mr Freidheim and Sir Richard made a packet in 2016 by selling Virgin America, the airline they co-founded. … [Read more...] about Taxpayer bail-out as Flybe hedge fund tycoon lives high life in £20m penthouse
By Nishant Kumar, Javier Blas and Suzy Waite If an oil trader so good that he was known as “God” can’t win in today’s markets, it’s hard to imagine who can. Andy Hall is closing down his main hedge fund after big losses in the first half of the year, according to people with knowledge of the matter. His flagship Astenbeck Master Commodities Fund II lost almost 30 percent through June, a separate person with knowledge of the matter said, asking not to be identified because the details are private. The capitulation of one of the best-known figures in the commodities industry comes after muted oil prices wrong-footed traders from Goldman Sachs Group Inc. to BP Plc’s in-house trading unit. At least 10 asset managers in natural resources have closed since 2012, including Clive Capital LLP and Centaurus Energy LP. Goldman Sachs reported its worst-ever result trading commodities in the second quarter. “I’m shocked,” said Danilo … [Read more...] about What made this oil trader known as ‘God’ fall to Earth?
"People ask me how I feel ... I gotta go back to not sleeping, not eating, not really functioning and it just hurts. It's just hard to believe," O'Neal continued. He then said that the tragedy has made him want to "delete my beef and my confrontation clause." "I don't want to do that anymore. I just called all people I had discrepancies with and said, 'look man, I love you.'" … [Read more...] about Shaquille O’Neal Mourns Kobe Bryant on Podcast: “I Really Lost a Brother”
The world was shocked upon hearing the tragic news that Kobe Bryant had died in a helicopter crash alongside one of his daughters and seven other people. Some didn't believe the news at first. This includes one of his closer friends in the entertainment industry, hip-hop mogul and actor Ice Cube. When Ice Cube first heard the news, he decided he had to text Kobe, just to see if he'd respond, knowing that his friend had most likely passed in the accident. … [Read more...] about Ice Cube Sent Kobe Bryant a Text After His Death Hoping He’d Respond
Our lights will shine in purple and gold this evening as we pay tribute to basketball legend Kobe Bryant, an inspiration to millions across the globe who was taken too soon. Our hearts go out to all of the families, friends, and fans affected by this tragedy. #824Forever pic.twitter.com/m84TbQ2d3y … [Read more...] about Kobe Bryant death: Thick cloud and fog grounded police choppers at time of crash