Section: Business Insider (USA)
Verdasco wins Kooyong tennis title over injured Dolgopolov
Melbourne (AFP) – Spain’s Fernando Verdasco claimed a second title five years after his first at the Kooyong Classic on Friday when opponent Alexandr Dolgopolov was forced to retire with a knee injury.With the Australian Open starting on Monday, the Ukrainian now fears he will not be able to play after feeling pain in the first set...
Cameron meets Obama, vows cyber security cooperation
Washington (AFP) – US President Barack Obama and Britain’s Prime Minister David Cameron kicked off two days of talks Thursday at the White House, with the British leader promising progress on the “new threat” of cyber security. Cameron referenced the recent cyberattack allegedly launched by North Korea against Sony...
HERE IT IS: SocGen’s Intense Chart With The Swans
Societe Generale is out with its latest quarterly chart of “swan” risks — and it’s looking pretty ominous. Technically speaking, “black swan” risks are by definition nearly impossible to predict — and when they come, it’s bad. But the point that SocGen’s swan chart is trying to show is there are economic...
Russia Just Made A Bold Move To Keep Its Gas Leverage On Europe
On Wednesday Russia’s announced that it will shift all its natural gas flows to Europe via Turkey, instead of Ukraine, reports Bloomberg News. “…the Turkish Stream us the only route along which 63 billion cubic metres of Russian gas can be supplied, which at present transit Ukraine. There is no other way,” the head of...
Russia Is Losing Control Over The European Gas Market
Oil isn’t Russia’s only problem. The energy exporter is losing its dominance over the European gas market. In the past there were two factors that kept Russia as the major gas powerhouse: European policies and cold winters. But both of those things have changed — and Russia is starting to explore non-Western countries. Europe Is...
Russia’s Economic Crisis Is Affecting The Future Of The Brooklyn Nets
Russia’s tanking economy and currency might have something to do with the possible sale of the Brooklyn Nets. For months there have been rumors that Mikhail Prokhorov, the owner of the Brooklyn Nets, is thinking about selling the team. On Tuesday, Bloomberg’s Scott Shoshnick reported that the team is for sale. Bleacher Report’s...
Sweden Confirms It Launched A Second Hunt For A Suspected Russian Submarine In October
Sweden’s military spokesman confirmed on Jan. 11 that the country had carried out a second search for a suspected Russian submarine just shortly after a high-profile sub hunt concluded in late October. Military spokesman Jesper Tengroth confirmed that Sweden carried out a second search for a Russian submarine on Oct. 31, 2014. This second...
Del Potro ousts top seed Fognini in Sydney comeback
Sydney (AFP) – Defending champion Juan Martin del Potro came from a set down to dump top seed Fabio Fognini out of the Sydney International and advanced to the quarter-finals on Wednesday.The Argentine Grand Slam champion has won his first two matches in 10 months at the tournament following wrist surgery as he fights his way back to the...
Russia says inflation could reach 17% in 2015
Moscow (AFP) – Inflation in Russia could hit 17 percent this year, the deputy economy minister said Wednesday, as the ruble suffers on the back of slumping oil prices. “Peak inflation will come in March-April when year-on-year inflation could reach 15 to 17 percent,” Alexei Vedev was quoted as saying by the state-run TASS news...
Nishikori beats tough conditions for Kooyong Classic win
Melbourne (AFP) – Japan’s Kei Nishikori fought past a tough Australian challenge from Jordan Thompson to post a 6-4, 3-6, 7-6 (7/4) opening win at the Kooyong Classic on Wednesday.The defending champion at the eight-man tune-up for the Australian Open needed just over two hours to earn the victory.US Open finalist Nishikori, ranked...
