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☆ How 4 'disgusting' short bets changed David Einhorn's hedge fund's year from 'great' to just 'very good'
▼ + stars: | 2024-01-25 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. In a letter to investors seen by Business Insider, he said his short bets against companies he believed were overvalued went haywire. Einhorn did not name the four short positions in the letter that helped drag the entire short book down 25.6% last year but called the performance "disgusting." The short positions were not new ones. The firm declined to identify the four positions when asked by Business Insider or offer any additional comment on the letter.

Persons: David Einhorn's, Einhorn, ruing, overvalued, Elon Musk's Tesla, Tesla Organizations: Greenlight Capital, Business, Industry

☆ South Africa bow out of World Cup ruing missed chances
▼ + stars: | 2023-08-06 | by ( Nick Mulvenney | Thomson Reuters | Leads Coverage Of Sport Across The Asia-Pacific. Still Reports On The Full Panoply Of Sport. Many Olympics World Cups World Championships Grand Slams Grands Prix | ) www.reuters.com time to read: +2 min

SYDNEY, Aug 6 (Reuters) - South Africa coach Desiree Ellis said she thought Banyana Banyana could have beaten the Netherlands at the Women's World Cup on Sunday if they had taken their chances, rather than exiting in the first knockout stage with a 2-0 loss. Dutch goalkeeper Daphne van Domselaar was named player of the match after keeping South Africa, and in particular striker Thembi Kgatlana, at bay with series of fine saves. "With a decision or a goal here or there, we could be speaking differently now, but I think the whole of South Africa should be really proud of this team." Ellis hoped that people would remember all the saves that goalkeeper South Africa Kaylin Swart made at the tournament, and not just the howler that gifted the Dutch their second goal after halftime on Sunday. "This team really punched above their weight considering that we do not have what everybody else has - a professional league."

Persons: Desiree Ellis, Banyana, Daphne van Domselaar, Thembi Kgatlana, Ellis, Swart, Nick Mulvenney, Simon Cameron, Moore Organizations: SYDNEY, South Africa, South, Thomson Locations: South Africa, Netherlands

☆ Vondrousova writes her own happy ending at Wimbledon to leave Jabeur in tears
▼ + stars: | 2023-07-15 | by ( Pritha Sarkar | ) www.reuters.com time to read: +5 min

Instead, a distraught Jabeur was left with tears streaming down her face as her Wimbledon dream was wrecked in the final for the second year running with a 6-4 6-4 drubbing. I am going to have a beer as it's been an exhausting two weeks," said Vondrousova. I am going to look ugly for those photos," the 28-year-old Jabeur told the crowd through tears. It's been a tough journey but I promise I will come back and one day win this tournament." Jabeur knows she could have won the first set 6-0, having had game points in each of the opening six games.

Persons: Marketa Vondrousova, Dylan Martinez, Vondrousova, Jabeur, Billie Jean King, Martina Navratilova, Stepan Simek, Wales, I'm, It's, Iga Swiatek, Navratilova, Jana Novotna, Petra Kvitova, Pritha Sarkar, Clare Fallon Organizations: Lawn Tennis, Croquet Club, REUTERS, Dylan Martinez LONDON, Wimbledon, All England, Thomson Locations: London, Britain, Czech, Prague, tennis, Vondrousova, bask

☆ Russian soldiers are shocked by the 'horrible reality' in Ukraine and often regret going, says YouTuber who spoke to more than 200 after they were captured
▼ + stars: | 2023-03-24 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +6 min

He told Insider that there are common themes among captives: ignorance and regret. Zolkin, a former lawyer, became a YouTube hit last March when he started posting interviews with captured Russian soldiers. He said he always asks the Russian soldiers, on camera, if they want to be interviewed beforehand. "Unfortunately, they are all in the vacuum of Russian propaganda, and nobody tells them what is actually going on," Zolkin told Insider. He said many of the Russian soldiers he interviewed have also since been brought back home.

The SWIFT global payments system block and the freezing of more than $300 billion worth of central bank reserves abroad took Russia by surprise. The top executive at the top-20 Russian bank said Moscow was unprepared in particular for liquid assets being blocked and euro and dollar swaps becoming unavailable. "No one expected that the central bank would come under sanctions, and that it would be unable to help with foreign currency liquidity at that difficult moment," they said. 'BEST FRIEND'For banks, central bank support was crucial to weathering the initial hit to their business. The central bank's forecast is more restrained, at around 1 trillion roubles.

☆ Philippines top court voids old South China Sea energy deal
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +2 min

Companies Philippines Oil FollowMANILA, Jan 10 (Reuters) - The Supreme Court in the Philippines on Tuesday declared the country's 2005 energy exploration agreement with Chinese and Vietnamese firms was illegal, ruling the constitution does not allow foreign entities to exploit natural resources. The decision, on an agreement that expired in 2008, could complicate efforts by China to revive oil and gas exploration talks with the Philippines in areas of the South China Sea that are not in dispute. China and the Philippines have sparred for decades over sovereignty and natural resources in the South China Sea, which led to a landmark arbitration case in 2016 won by Manila. Efforts to find a legally viable way to work together on energy exploration have repeatedly hit walls. China claims jurisdiction over almost the entire South China Sea and the risk of energy activities being disrupted have made it tricky for the Philippines to find foreign partners, despite an arbitration court clarifying what Manila's entitlements were.

☆ Distraught Brazil rue what might have been
▼ + stars: | 2022-12-09 | by ( Ossian Shine | ) www.reuters.com time to read: +2 min

You have to lift your head,” Brazil captain Thiago Silva said. “I'm very proud of the boys and what we've done, but unfortunately, it's part of football. It was in our hands, and it slipped away,” he added, before reflecting philosophically: “Now it's time to keep calm and life must go on.”With two Brazil penalty misses, Neymar never got to take a spot kick, but coach Tite defended the decision to put Neymar fifth. The players know how proud I am of their performance. "Time will tell what my legacy is.”Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

A defeat against Spain after Germany's shock 2-1 opening loss to Japan would have left Hansi Flick's men facing a huge challenge to get into the knockout phase. Spain coach Luis Enrique said he was left ruing his side's failure to hold on to their lead. Spain top the standings with four points and now need only a draw in their final Group E game against Japan to progress. They need to win against Costa Rica on Thursday and their hopes then depend on Japan losing. If Japan draw it would come down to goal difference or goals scored by Germany and Japan.

☆ Why a Trump-appointed Texas judge blocked Biden's student-debt cancellation plan
▼ + stars: | 2022-11-14 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Trump-appointed Judge Mark Pittman struck down Biden's debt relief in Texas last week. They claimed that enacting broad student-loan forgiveness is an overreach of the authority and should require Congressional approval, while Biden has maintained one-time student-loan forgiveness is well within the administration's legal authority. The plaintiffs' standing to sueBoth of the plaintiffs who brought the Texas lawsuit hold student loans. The first plaintiff, Myra Brown, sued because her loans are commercially-held and therefore ineligible for Biden's debt relief, which requires the borrower to owe their debt directly to the federal government. Pittman said that Biden's Justice Department argument that the plaintiffs' standing does not exist is "untrue."

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