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☆ 32-year-old Cornell grad quit her job to chase NHL dreams—now she's the league's first female coach
▼ + stars: | 2024-10-09 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

As soon as she pulled out of the parking lot, Campbell quit her job coaching hockey to teenagers and began plotting the launch of her own power skating business, she told Canadian sports blog theScore. On Oct. 8 — the opening night of the NHL season — that dream came true: Campbell made her debut as the first full-time female coach in the league. "It fuels me every day just knowing that I'm a part of something way bigger than myself and my job and my coaching," Campbell told NHL.com. 'Success usually trumps all negativity'Campbell isn't immune to the pressure that comes with being the first woman to hold a coaching job in the NHL's 107-year history. Plus, Campbell's been here before, being the first woman on an American Hockey League (AHL) bench.

Persons: Dan Bylsma, Jessica Campbell, Louis, Campbell, NHL.com, Damon Severson, —, Campbell's, Josh, theScore, there's Organizations: Seattle, St, Louis Blues, NHL, Canadian, National Hockey League, Cornell University's, Athletic, Valley Firebirds, American Hockey League, ESPN, Firebirds Locations: Seattle , Washington, Saskatchewan, Canada, Kelowna , British Columbia, Kelowna, Sweden, Germany

☆ Inside Man Group's rebuild of a key platform that will change the way the giant hedge fund analyzes data and manages risk
▼ + stars: | 2024-09-16 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The new platform, called Condor, was initially designed to replace a cobbled-together patchwork of different systems — some built more than a decade ago — underpinning Man AHL, the firm's systematic-trading arm. Over time, Man built different systems to trade them all. With Condor, Fitzgerald wants to bring those together — the research, the trading, and the logging — into a single platform. But software engineers adding functionalities, risk teams managing exposure, and support teams ensuring trading systems are running will also be using Condor.

Persons: —, Barry Fitzgerald, Fitzgerald, cohead, it'll, Condor Organizations: Service, Business, Condor, Man AHL, AHL

☆ Why an Israel-Hezbollah war would be far more dangerous today than the last time around
▼ + stars: | 2024-06-27 | by ( Ben Wedeman | ) edition.cnn.com time to read: +7 min

Since its inconclusive 2006 war with the Lebanese militant group, Israel has been planning for a re-match. During the 2006 war, in the experience of this correspondent, it was rare to encounter Hezbollah fighters. In the event of war, full-scale war, both sides will be able to inflict significant pain on the other. In the entire 34-day war of 2006 Hezbollah is estimated to have fired around 4,000 rockets – a daily average of 117. At 6 a.m. on July 13, 2006 – less than 24 hours after the start of the war – Israeli warplanes bombed and knocked out Beirut’s Rafic Hariri International Airport.

Persons: CNN —, Benny Gantz, Hassan Nasrallah, – Nasrallah, Avihu Shapira, Gantz, Beirut’s Rafic, –, Israel, Iran’s, Qais Al, Ahl Al, Haq, Lebanon “ Organizations: CNN, Reichman University, Israel, Getty, Beirut’s Rafic Hariri International Airport, Tel Aviv’s Ben Gurion International, Washington Locations: Lebanon, Herzliya, Israel, Lebanese, Haifa, Syria, Gaza, Iraq, Iran, It’s, Israel’s, Yemen, Red, Jordan, America, Tehran, Damascus, Hormuz, Persian, Germany, Sweden, Kuwait, Netherlands

☆ An old hedge-fund strategy is taking off again. Why hedge funds from multi-strats to new launches are ramping up their alpha capture efforts.
▼ + stars: | 2024-03-07 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

Alpha capture strategies take inputs from sources like human traders, market data, sell-side research, and more and then use a systematic process to create a portfolio that is efficiently sized and hedged. CenterBook uses trading data from dozens of external firms to create its portfolios, while Norias will create its book off the ideas of its fundamental analysts. Meanwhile, Man Group is building out an alpha capture team within its AHL unit's special strategies team, a recent job posting states, and Squarepoint is doubling its team, finding external managers for its buy-side alpha capture program. "It is a way for them to increase their capacity and take in more assets," said Kevin Lyons, senior investment manager at Abrdn, about the largest platforms growing their internal alpha capture capabilities. AdvertisementThe alpha capture OGIt can all be tied back to the success of the original mainstream alpha capture strategy: Marshall Wace's TOPS, which stands for Trade Optimized Portfolio System.

Persons: —, Marshall Wace, Doug Haynes, Norias, Basil Qunibi, Squarepoint quant Warren Touwen, Merrill Lynch, Squarepoint, Touwen, Kevin Lyons, Marshall, Anthony Clarke, Cameron Hight, Hight, it's, headhunter Organizations: Service, Business, CenterBook Partners, Research, Investors, AHL, TOPS Locations: Austin, Abrdn, London

☆ Saab Digital Air Traffic Solutions CEO discusses partnership with Thales
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaab Digital Air Traffic Solutions CEO discusses partnership with ThalesPer Ahl, CEO of Saab's Digital Air Traffic Solutions, discusses the firm's signing of of a Memorandum of Understanding with Thales to support the long-term innovation and modernization of Singapore's Air Traffic Management infrastructure at the Singapore Airshow.

Organizations: Saab, Air Traffic, Thales, Saab's, Traffic Solutions, Air Traffic Management, Singapore

☆ The big business of the Super Bowl, from competing advertisers to the ultrawealthy networking
▼ + stars: | 2024-02-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at the big business of the Super Bowl, from advertisers to the ultraweal thy . Developing and filming a Super Bowl ad typically runs 50% to 60% more than a regular one. AdvertisementFor some first-time Super Bowl advertisers, the commercial is a jumping-off point for a bigger campaign, writes BI’s Lauren Johnson. The Super Bowl is also a calendar staple for the ultrawealthy, writes BI’s Madeline Berg. A record 68 million Americans are projected to bet $23.1 billion on the Super Bowl, according to the American Gaming Association.

Persons: —, Taylor Swift, Travis Kelce, Patrick Smith, Emily Stewart, that’s, Ryan Joe, Lara O’Reilly, Ryan, BI’s Lauren Johnson, RYU, BI’s Madeline Berg, Elon Musk, Rupert Murdoch —, VistaJet, BI’s Taylor Rains, Grace Kay, it’s, BI’s Juliana Kaplan, Cork Gaines, Usher, David Rosenberg, Quants, Getty, David Butow Here’s, Tesla, Sissie Hsiao, Bard, Gemini, Uber, Dara Khosrowshahi, Lucas Jackson, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, ign, Super, Elon, Private, American Gaming Association, San Francisco 49ers, Kansas City Chiefs, Renaissance Technologies, Man, AHL, UBS, Google, Reuters, Merchants, Conference, PepsiCo Locations: Sun Valley, YOLO, New York, London

☆ Qube and Renaissance have started 2024 with a bang. Here's how quant funds did in January.
▼ + stars: | 2024-02-08 | by ( Bradley Saacks | ) www.businessinsider.com time to read: 1 min

Quant funds, including Qube and Renaissance Technologies, have started strong in 2024. Under-the-radar Qube Research and Technologies started its encore to its stellar 2023. The largest fund at the $14 billion quant manager was up roughly 10% in January, sources familiar told Business Insider. The London-based manager run by CEO Pierre-Yves Morlat and CIO Laurent Laizet led the way in what was generally a strong month for quant funds. According to Hedge Fund Research, the average systematic fund betting on equities made 1.8% in January, besting the S&P 500 and the average hedge fund, which were up 1.6% and 0.2%, respectively.

Persons: Man, Pierre, Yves Morlat, Laurent Laizet Organizations: Renaissance Technologies, AHL, Research, Technologies, Business, Hedge Fund Research Locations: London

☆ Iran-backed groups in the Middle East and major US military deployments
▼ + stars: | 2024-01-24 | by ( Nadeen Ebrahim | Abbas Allawati | ) edition.cnn.com time to read: +10 min

The US has attacked Iranian-backed groups in Yemen, Syria and Iraq, while Iran-linked groups have targeted American personnel in Iraq and Syria. The US, having been trying to pivot away from the Middle East for years, finds itself drawn back into the region. And in some places, including Iraq and Syria, the US military presence overlaps that of Iran and its allies. The US has around 13,500 US forces in Kuwait, the largest American military presence in the region. The US this month quietly reached an agreement that extends its military presence for another 10 years at the base.

Persons: Yemen’s, Sayyed Hassan Nasrallah, Harakat, Sayyid, Al, Haq, Asad, Bashar al, Assad, Israel, Ali, Dalton Williams Organizations: UAE CNN, Hamas, Islamic, Navy, Marine Expeditionary Unit, Institute for National Security, Islamic Revolutionary Guard Corps, National Intelligence, Badr Organization, Asad Air Base, Erbil AB, Al, Force, Fatemiyoun, ISIS, Syria Security, Syrian Democratic Forces, Syrian Free Army, CNN, Gaza, US Air Force, Battalion, 163rd Cavalry Regiment, Ali Al Salem Air Base, U.S . Air Force, Washington, United Arab, US, Udeid, Base, Forward Headquarters, Combined Air Operations Centre, Prince Sultan Air Base, UAE, Al Dhafra, Al Dhafra Air Base, Gulf Air Warfare Center, US Naval Forces Central Command Locations: Abu Dhabi, UAE, Israel, Iran, US, Iranian, Yemen, Syria, Iraq, Tehran, Pakistan, Islamic Republic, Washington, Lebanon Lebanon, East, Lebanon, Gaza, Tel Aviv, Iraq Tehran, Baghdad, Al, Erbil, Syria Iran, Syrian, Pakistani, ”, Red, Saudi, Yemen’s, Kuwait, U.S, Palestinian, Arab, Turkey, Saudi Arabia, United Arab Emirates, Germany, Japan, South Korea, Qatar, Doha, Al Dhafra Air, Bahrain, Jordan, Incirlik

But the way the Minnesota Wild have been playing, the general manager felt he had no choice but to switch head coaches to try to get them back on track. The Wild went 5-10-4 under Evason this season. The Wild are 22nd in the league in goals per game (2.95) and second-to-last in goals allowed per game (3.95). Dwyer had been serving as an assistant this season for the Iowa Wild in the AHL. “We were pretty optimistic when the season started and, you know, it’s not like from Game 1 it was bad.

Persons: Bill Guerin didn't, Dean Evason, ” Guerin, “, ’, Evason, John Hynes, Bruce Boudreau, Guerin, Louis, Hynes, ” Hynes, Matt Boldy, Kirill Kaprizov, There’s, Patrick Dwyer, Bob Woods, Dwyer, we’ve, We’ve, it’s, Marcus Foligno, It’s, ” Organizations: Minnesota, Evason, Nashville, Iowa, AHL, “, Blues Locations: New Jersey

☆ NHL roundup: Pens' Alex Nedeljkovic returns, blanks Knights
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +3 min

[1/3] Nov 19, 2023; Pittsburgh, Pennsylvania, USA; Pittsburgh Penguins goaltender Alex Nedeljkovic (39) makes a save against Vegas Golden Knights left wing William Carrier (28) during the second period at PPG Paints Arena. Pittsburgh won 3-0. He started Friday for AHL affiliate Wilkes-Barre/Scranton on a conditioning assignment and not only won that game, but also scored a goal. Bobby Brink and Travis Konecny each scored one goal for the Flyers, who won their fifth game in a row. Alexandre Texier and Boone Jenner scored one goal apiece for the Blue Jackets, and goaltender Spencer Martin stopped 21 shots.

Persons: Alex Nedeljkovic, William Carrier, Charles LeClaire, Ryan Graves, Noel Acciari, Evgeni Malkin, Nedeljkovic, Tristan Jarry, Adin Hill, Ryan Poehling, Joel Farabee, Cam York, Bobby Brink, Travis Konecny, Sean Walker, Samuel Ersson, Alexandre Texier, Boone Jenner, Spencer Martin, William Nylander, Nylander, Wild netminder Marc, Andre Fleury, Morgan Rielly, Auston Matthews, squandering, Rasmus Dahlin, Jeff Skinner, Erik Johnson, Pekka Luukkonen, Philipp Kurashev, Taylor Raddysh, Petr Mrazek, Joel Hofer, Louis, Jake Neighbours, Pavel Buchnevich, Alexey Toropchenko, Mason McTavish, John Gibson Organizations: Pittsburgh Penguins, Vegas Golden Knights, PPG Paints, Pittsburgh, Vegas, Penguins, NHL, AHL, Wilkes, Knights, Flyers, Blue Jackets, Philadelphia, Maple Leafs, Minnesota, Stockholm, Sabres, Blackhawks, Buffalo, Chicago, Ducks, Anaheim, Blues, San Jose Sharks, Los Angeles Kings, Thomson Locations: Pittsburgh , Pennsylvania, USA, Barre, Scranton, Columbus, Toronto, Stockholm, Sweden

With a power vacuum and years of civil conflict following the 2003 U.S.-led invasion of Iraq, militias grew and multiplied in Iraq, some supported by Iran. While he came to power with the Iranian-backed groups' support, he also wants continued good relations with the U.S. and has backed the ongoing presence of American troops in his country. U.S. Secretary of State Antony Blinken, in a meeting with al-Sudani this month, warned of consequences if Iranian-backed militias continued to attack U.S. facilities in Iraq and Syria. An official with one of the Iranian-backed militias said al-Sudani put “great pressure” on the militias not to carry out attacks during Blinken's visit. But the U.S. military response to the attacks on its forces has been minimal.

Persons: Biden, Israel, Asad, Haq, Badr, Bashar Assad, Mohammed Shia, Antony Blinken, Sudani, Ayatollah Ali Khamenei, —, Qassim Soleimani, Abu Mahdi al, Muhandis, Qassim Abdul Organizations: WASHINGTON, U.S, Islamic, Hamas, Pentagon, Islamic Jihad, WHO, State, Popular Mobilization Forces, Hezbollah, Iran’s, Islamic Revolutionary Guard Corps, Iranian Revolutionary Guard, Officials, Quds Force, Military, Associated Press Locations: Iraq, Syria, Islamic State, skyrocket, U.S, The U.S, Baghdad, Israel, Gaza, Iran, Lebanon, Yemen, Al, Tehran, Boukamal, Maysulun, Deir el, Bulbul, Mayadin ., IRAQ, Zahra

☆ NHL roundup: Blues blitz Avs behind 2 hat tricks
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +7 min

Schenn, who also had an assist, now has four career hat tricks, while Buchnevich, who had two short-handed goals, has three career hat tricks. Torey Krug had a goal and an assist, Alexey Toropchenko also scored and Robert Thomas added four assists for the Blues. Guhle also added an assist as the Habs scored two goals in a rapid-fire span in the third period. Brad Marchand logged a goal and an assist to lead the Bruins, who had a two-game winning streak snapped. Cole Perfetti and Brenden Dillon scored goals for the Jets, who saw their three-game winning streak come to an end.

Persons: Louis, Robert Thomas, Ron Chenoy, Schenn, Pavel Buchnevich, Buchnevich, Torey Krug, Alexey Toropchenko, Jordan Binnington, Mikko Rantanen, Jack Johnson, Alexandar Georgiev, Ivan Prosvetov, Kaiden Guhle's, Nick Suzuki, Brendan Gallagher, Guhle, Sam Montembeault, Brad Marchand, Charlie McAvoy, Jeremy Swayman, Zach Hyman, Dylan Holloway, Stuart Skinner, Jaden Schwartz, Philipp Grubauer, Joey Daccord, Daniel Sprong, Lucas Raymond, Alex DeBrincat, Robby Fabbri, Jake Walman, Ville Husso, Columbus, Patrik Laine, Alexandre Texier, Adam Fantilli, Sean Kuraly, Spencer Martin, Wyatt Johnston, Thomas Harley, Matt Duchene, Scott Wedgewood, Cole Perfetti, Brenden Dillon, Connor Hellebuyck, Drake Batherson, Mathieu Joseph, Rourke Chartier, Travis Hamonic, Tim Stutzle, Joonas Korpisalo, Blake Coleman, Calgary's, Dustin Wolf, Jacob Markstrom, Pyotr Kochetkov, Sebastian Aho, Brent Burns, Kochetkov, Jonas Johansson, Noah Gregor, Matthew Knies, William Nylander, Nicholas Robertson, David Kampf, Tyler Bertuzzi, Max Domi, Bobby McMann, J.T . Miller, Pius Suter, Nic Dowd, Aliaksei, Alex Ovechkin, Wayne Gretzky, Ovechkin, Gretzky, Dowd, hadn't, Protas, Alexander Romanov, Erik Karlsson, Tristan Jarry, Ukko, Pekka Luukkonen, Michael Carcone, Sean Durzi, Troy Stecher, Alex Kerfoot, Clayton Keller, Connor Ingram, Filip Forsberg, Kiefer Sherwood, Dante Fabbro, Ryan O'Reilly, Morgan Frost, Cal Petersen, Owen Tippett, Cam Atkinson, Sean Walker, Adrian Kempe, Carl Grundstrom, Cam Talbot Organizations: Louis Blues, Colorado Avalanche, Ball, Blues, St, Avalanche, Canadiens, Bruins, Boston, NHL, Oilers, Seattle, San Jose, Wings, Blue Jackets, Detroit, Red Wings, Jets, Dallas, Winnipeg, Stars, Central Division, Senators, Flames, Ottawa, Calgary, AHL, Hurricanes, Tampa, Maple Leafs, Canucks, Toronto, Vancouver, Capitals, Islanders, New, Penguins, Sabres, Pittsburgh, Buffalo, Coyotes, Predators, Nashville, Flyers, Philadelphia, Anaheim, Los, Thomson Locations: Denver , Colorado, USA, Denver, Montreal, Edmonton, Columbus, Carolina, Tampa Bay, Washington, New York, Elmont, Arizona, Los Angeles, Southern California, Philadelphia

[1/2] A view shows smoke in the Gaza Strip as seen from Israel's border with the Gaza Strip, in southern Israel October 18, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing RightsWASHINGTON/BAGHDAD, Nov 9 (Reuters) - A defective drone in Iraq may have helped keep America from being dragged deeper into a widening Middle East conflict. The possibility of a major strike that draws America into a conflict is "a very realistic concern," he said. "I think they are calibrating the attacks to harass rather than kill en masse U.S. troops," he said of Iraqi and Syrian militias. "We had rocket attacks, mortar attacks, before we got hit with the big bomb," he said.

Persons: Amir Cohen, David Schenker, Joe Biden, Biden, Antony Blinken, Mohammed Shia Al, Sudani, Ali Turki, Arif al, didn't, Saddam Hussein, it's, Blinken, Ayatollah Ali Khamenei, isn't, Biden's, Lloyd Austin, hasn't, Tom Cotton, Austin, Lindsey Graham, Austin demurred, Graham, David Madaras, Phil Stewart, Idrees Ali, Ahmed Rasheed, Amina Ismail, Parisa, Michael Georgy, Pravin Organizations: REUTERS, U.S, Israel, Pentagon, Washington Institute for Near, Sunday, Haq, IRAN Iraq's, U.S . Navy, Wednesday, U.S . Defense, Democrat, Senate Armed Services Committee, Republican, United, Thomson Locations: Gaza, Israel, WASHINGTON, BAGHDAD, Iraq, America, Erbil, Iranian, Syria, U.S, Iran, Syrian, Sudani's, Baghdad, IRAQ, IRAN, Tehran, Iraqi, Lebanon, Russian, Washington, TEHRAN, Yemen, Ukraine, China, pullout, Afghanistan, Ohio, Beirut, United States

☆ U.S. Forces Under Fire in Middle East as America Slides Towards Brink
▼ + stars: | 2023-11-09 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +10 min

By Phil Stewart, Idrees Ali and Ahmed RasheedWASHINGTON/BAGHDAD (Reuters) - A defective drone in Iraq may have helped keep America from being dragged deeper into a widening Middle East conflict. The possibility of a major strike that draws America into a conflict is "a very realistic concern," he said. "I think they are calibrating the attacks to harass rather than kill en masse U.S. troops," he said of Iraqi and Syrian militias. Iran says it had no role in Hamas' Oct. 7 raid on Israel, though it has welcomed the attack. "We had rocket attacks, mortar attacks, before we got hit with the big bomb," he said.

Persons: Phil Stewart, Idrees Ali, Ahmed Rasheed WASHINGTON, David Schenker, Joe Biden, Biden, Antony Blinken, Mohammed Shia Al, Sudani, Ali Turki, Arif al, didn't, Saddam Hussein, it's, Blinken, Ayatollah Ali Khamenei, isn't, Biden's, Lloyd Austin, hasn't, Tom Cotton, Austin, Lindsey Graham, Austin demurred, Graham, David Madaras, Ahmed Rasheed, Amina Ismail, Parisa, Michael Georgy, Pravin Char Organizations: U.S, Israel, Pentagon, Washington Institute for Near, Sunday, Haq, IRAN Iraq's, U.S . Navy, Wednesday, U.S . Defense, Democrat, Senate Armed Services Committee, Republican, United Locations: BAGHDAD, Iraq, America, Erbil, Iranian, Syria, Gaza, U.S, Iran, Syrian, Israel, Sudani's, Baghdad, IRAQ, IRAN, Tehran, Iraqi, Lebanon, Russian, Washington, TEHRAN, Yemen, Ukraine, China, pullout, Afghanistan, Ohio, Beirut, United States

☆ Capitals continue search for offense against Devils
▼ + stars: | 2023-10-25 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

The Devils went 2-for-4 on the power play and are 11-for-25 with the man advantage. 300 on the power play -- and finished with 14 shots on goal. You could tell that early, especially that first power play, that it was coming to the cage today. The Capitals are 1-for-16 on the power play, with Ovechkin's goal ending an 0-for-15 skid. Hunter Shepard will make his NHL debut against the Devils while backup Charlie Lindgren remains on the injured list.

Persons: Tyler Toffoli, Jack Hughes, Vitek Vanecek, Hughes, Toffoli, we've, Lindy Ruff, you've, They're, Joseph Woll, Alex Ovechkin, Ovechkin, It's, Spencer Carbery, Darcy Kuemper, Hunter Shepard, Charlie Lindgren, Shepard Organizations: New Jersey Devils, Washington Capitals, Devils, Montreal Canadiens, Capitals, Toronto Maple Leafs, New York Islanders, Montreal, NHL, Toronto, Washington, Hershey, AHL, Calder, Bears, Thomson Locations: Newark , N.J, New Jersey, Toronto, Minnesota

☆ Man Group shares tumble as fund performance disappoints
▼ + stars: | 2023-08-01 | by ( Nell Mackenzie | ) www.reuters.com time to read: +3 min

LONDON, Aug 1 (Reuters) - British hedge fund manager Man Group (EMG.L) posted forecast-beating first-half pretax profit and record assets under management on Tuesday, but a disappointing performance across several of its funds roiled investors, sending shares lower. Man reported negative investment performance at its AHL Evolution Fund and Numeric Global Core Relative Return fund for the first half of 2023, as well as its actively managed GLG Global Emerging Markets Debt Total Return Fund. Performance fees in both Man's AHL Evolution and funds marked "other alternatives" both fell by over 80% from a year earlier. Despite the first quarter volatility, Man reported net inflows of $2.6 billion for the period, coming in around 2.5% higher than industry peers. Man recommended an interim dividend of 5.6 cents a share, in line with guidance offered a year ago.

Persons: Antoine Forterre, Man, Luke Ellis, Man's, Robyn Grew, Ellis, Group's Forterre, Jefferies, Nell Mackenzie, Sinead Cruise, Sharon Singleton Organizations: Man, Credit Suisse, Reuters, AHL Evolution Fund, GLG, Varagon Capital Partners, Thomson Locations: U.S

☆ Andlauer reaches deal to buy NHL's Senators
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +1 min

[1/2] Apr 4, 2023; Raleigh, North Carolina, USA; Ottawa Senators left wing Brady Tkachuk (7) celebrates his goal against the Carolina Hurricanes during the third period at PNC Arena. / James Guillory-USA TODAY Sports/File PhotoJune 13 (Reuters) - Canadian transport titan Michael Andlauer has reached an agreement to purchase Ottawa Senators, the club said on Tuesday, in a deal that is pending approval from the National Hockey League (NHL). Andlauer has a well-established history with the sport, having purchased the American Hockey League's (AHL) Hamilton Bulldogs some two decades ago. "I believe that the Senators' fanbase is one of the most passionate in the league and I'm excited to take the franchise's success both on and off the ice to the next level," Andlauer said in a statement. "The short and long-term future of the team is incredibly bright, and I look forward to getting to know the team, the fanbase and the community."

Persons: Brady Tkachuk, James Guillory, Michael Andlauer, Andlauer, Ryan Reynolds, Amy Tennery, Pritha Sarkar Organizations: Ottawa Senators, Carolina Hurricanes, PNC Arena, National Hockey League, American Hockey League's, Hamilton Bulldogs, Senators, Hollywood, Wrexham, Thomson Locations: Raleigh , North Carolina, USA, New York

☆ NHL roundup: Islanders beat Habs, clinch playoff berth
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +2 min

[1/5] Apr 12, 2023; Elmont, New York, USA; New York Islanders center Brock Nelson (29) brings the puck up ice against the Montreal Canadiens during the second period at UBS Arena. New York holds a one-point lead over the Florida Panthers, who host the Carolina Hurricanes on Thursday in their regular-season finale. With his team short-handed, Suzuki beat Islanders defenseman Samuel Bolduc to a puck and handcuffed Sorokin to trim New York's lead to 3-2 with 3:22 remaining in the second period. Tyler Seguin had a goal and an assist for the Stars, who won their fifth straight game. Joe Pavelski and Roope Hintz also scored, and Scott Wedgewood earned the victory with 16 saves.

☆ NHL roundup: Owen Tippett's hat trick lifts Flyers over Sabres
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +2 min

Mandatory Credit: Nick Turchiaro-USA TODAY SportsMarch 18 - Owen Tippett scored three goals to lift the host Philadelphia Flyers to a dominant 5-2 victory over the Buffalo Sabres on Friday. Joel Farabee and James van Riemsdyk each added one goal for the Flyers, who snapped a four-game losing streak. Victor Olofsson scored two goals for the Sabres, who lost their second straight. Maple Leafs 5, Hurricanes 2Zach Aston-Reese scored two goals as Toronto defeated visiting Carolina. Ryan Strome and Troy Terry each logged a goal and an assist, and Max Comtois and Trevor Zegras added a goal apiece.

☆ Factbox: Who has run Iraq since the 2003 U.S.-led invasion?
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +5 min

BAGHDAD, March 16 (Reuters) - The U.S.-led invasion of Iraq was designed to pave the way for a thriving democracy but the mostly ineffective governments elected since 2003 have left many Iraqis disappointed. Sadr led an armed insurgency against the U.S. occupation of Iraq after American and international troops toppled Saddam. But the tables turned in 2003 with the U.S.-led invasion that ushered in Shi’ite dominance leaving Sunnis, vulnerable. Sunnis have been divided by clan and ideological rivalries since 2003, which Sunni voters complain makes them weak against Shi'ite rivals. Halbousi, an engineer from western Iraq, has formed good relations with Shi'ites and Kurds who helped him become speaker.

☆ Saddam Hussein fell. Then violence in Iraq spiralled
▼ + stars: | 2023-03-14 | by ( Ahmed Rasheed | ) www.reuters.com time to read: +7 min

[1/3] The site of a twin suicide bombing attack in a central market is seen in Baghdad, Iraq January 21, 2021. He took another risk in 1990-1991, when Saddam's forces invaded neighbour Kuwait, a move that turned Iraq into a pariah. A U.S.-led coalition hammered Iraqi forces and the United Nations imposed sanctions on Iraq for more than a decade. Amer went into hiding again. Amer said he is still determined to leave Iraq, two decades after U.S. troops and Iraqis pulled down a statue of Saddam Hussein in central Baghdad.

☆ NHL roundup: Stars rally, but Flames pull out late win
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +5 min

Nazem Kadri, Jonathan Huberdeau and MacKenzie Weegar each collected two assists, and goalie Jacob Markstrom made 29 saves. Sharks 3, Jets 2 (OT)Logan Couture scored in overtime after assisting on Tomas Hertl's late game-tying goal as San Jose outlasted host Winnipeg. Senators goalie Mads Sogaard made 16 saves on 21 shots after being pressed into action when Cam Talbot was scratched due to a lower-body injury. Kings 4, Capitals 2Adrian Kempe had a goal and an assist for Los Angeles in a win against visiting Washington. Luke Evangelista scored two goals and Colton Sissons also scored for the Predators, whose two-game win streak ended.

☆ Man Group beats AUM expectations, posts higher performance fees
▼ + stars: | 2023-02-28 | by ( Nell Mackenzie | ) www.reuters.com time to read: +2 min

The company posted full year core pretax profit of $779 million, up 18% on the previous year. It recorded a core net management fee growth of 6% collecting $779 million of core performance fees. "An increase in volatility and higher dispersion meant higher alpha generation. The firm recorded net inflows of $3.1 billion for 2022, down 77% against a year earlier, although this was 5.3% higher than the average posted by the UK hedge fund industry. Many pension funds reached for profitable investments they had elsewhere, like hedge funds as well as investments into collateralised loan obligations.

☆ Pakistan's forex reserves with central bank drop to $3.09 bln
▼ + stars: | 2023-02-02 | by ( ) www.reuters.com time to read: +2 min

ISLAMABAD, Feb 2 (Reuters) - Pakistan's foreign exchange reserves held by the central bank decreased by 16.1% to $3.09 billion in the week ending Jan. 27, the State Bank of Pakistan (SBP) said on Thursday, which analysts said covers less than three weeks of imports. The country is locked in negotiations with the International Monetary Fund (IMF) to release much-needed money under a stalled bailout programme. The central bank said in a statement that the drop in reserves was due to external debt repayments. Reserves held by commercial banks stood at $5.65 billion, taking total liquid reserves in the country to $8.74 billion, SBP added. The central bank recently removed a cap on exchange rates and the government raised fuel prices by 16%.

☆ Biggest hedge funds will keep lion's share of customers in 2023, data shows
▼ + stars: | 2023-01-05 | by ( Nell Mackenzie | ) www.reuters.com time to read: +2 min

Jan 5 (Reuters) - The top 5% of the world's hedge fund managers are set to take 80-90% of investor inflows in 2023, according to new research from Agecroft Partners which raises money for hedge funds. The larger a hedge fund manager gets, the harder it is to trade in size and profit from less efficiently priced parts of the market. Data compiled by Hedge Fund Research shows that on average hedge funds were down 4.1% last year through November. The $59 billion hedge fund manager Millennium returned 9.8% in its International Ltd Fund for the year, said industry research. The number of operating hedge funds fell to 9,163 at the end of the third quarter, the lowest number since 2009, according to HFR.

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