Commodity Traders Hit Record
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Berkshire Hathaway’s cash pile hits record as Buffett cuts stake in Apple
Billionaire investor dumps stock including shares in the company he has described as one of Berkshire’s ‘four giants’Financial Times - Business - Apple -
'Trader justice': Ex-SocGen trader fired for risky bets claims he was made a 'scapegoat'
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a "scapegoat."CNBC - Business -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
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Power blackouts hit Tanzania as Cyclone Hidaya intensifies
Tanzania's meteorology department says Cyclone Hidaya has significantly weakened as it approaches Tanzania’s coastlineABC News - World -
Capital-Gains Tax Hits More Home Sellers
The $500,000 exemption for home sales hasn’t changed since 1997.The Wall Street Journal - World -
Tanzania hit by power blackouts as Cyclone Hidaya strengthens
In the past few weeks, flooding in Kenya and Tanzania killed hundreds after heavy rain during the region's monsoon season, officials said.CBS News - Top stories -
Eurozone Jobless Rate Still at Record Low
The eurozone’s unemployment held steady in March, a sign of the robustness of the bloc’s jobs market that might be of concern to the ECB as it focuses on the impact of sticky wage growth.The Wall Street Journal - World -
A record number of sea lions gather in San Francisco
More than one thousand of the animals visited a city pier - the region's biggest spike in 15 years.BBC News - Top stories - San Francisco -
Botched launch of UK’s largest indoor arena hits bum note for Manchester
Series of failed attempts at opening £365mn venue amid cancellations, confusion, safety concerns and resignationsFinancial Times - Business -
Cool solution: how ice-cream saved drought-hit farmers in India
As the climate crisis forces people to abandon their land in Rajasthan, a new industry has sprung up in the desert state, with thousands of gaily decorated vans setting off to sell ice-cream across the country. The parched villages of Gangapur in ...The Guardian - World - India