WASHINGTON (Reuters) - Hedge fund manager Marko Dimitrijevic is closing his largest hedge fund, Everest Capital's Global Fund, having lost almost all its money after the Swiss National Bank (SNB) scrapped its three-year-old cap on the franc against the euro, Bloomberg news reported on Saturday. Citing a person familiar with the firm, Bloomberg said the fund had been betting that the Swiss franc would decline. The fund had about $830 million in assets at the end of 2014, according to a client report cited by Bloomberg. It said an Everest spokesman would not comment on the fund and Dimitrijevic did not return calls. Everest Capital, based in Miami and specializing in emerging markets, still manages seven funds with about $2.2 billion in assets, Bloomberg said. The SNB triggered big losses around the globe on Thursday when it removed a three-year-old cap on the value of the Swiss franc against the euro, allowing it to soar. (Writing by Bill Trott; Editing by Frances Kerry and David Holmes)
The star, who appeared on the seventh series of Big Brother in 2006, had anorexia.
- Raleigh News and Observer
The prize for the win is more than $2 million.
- The State
The latest racing news and lap-by-lap highlights from Martinsville Speedway.
The drama wins four prizes including best film, while Promising Young Woman wins best British film.
LONDON (Reuters) -The death of Prince Philip has left a huge void for his wife Queen Elizabeth and Britain has lost its "grandfather", his son Prince Andrew said on Sunday, as tributes poured in and the royals thanked the public for its support. Andrew joined his siblings Charles, Anne and Edward in saying they had taken strength from the outpouring of affection and would rally around their mother in her time of grief. Andrew called his father a "remarkable man" after he left a private church service in Windsor, near where Philip died on Friday aged 99.
- Associated Press
Jacob Markstrom stopped 17 shots he faced and the Calgary Flames beat the Edmonton Oilers 5-0 Saturday night to end a four-game skid. Johnny Gaudreau and Mark Giordano each had a goal and an assist, and Sean Monahan, Elias Lindholm and Brett Ritchie also scored for Calgary. Sam Bennett and Mikael Backlund each had two assists.
- The Telegraph
MPs and peers could personally finance a permanent memorial to Prince Philip on the parliamentary estate, with Conservative MPs rallying support for the proposal. One idea being discussed is for a memorial to be placed in the cavernous Westminster Hall, which dates back to the 11th century and is the oldest part of the estate. Another is for part of the Palace of Westminster to be renamed after the Duke, such as St Stephen's Entrance, which for many years was the arrival point for visitors. The early backing for a permanent memorial and one that is funded by parliamentarians reflects the high-esteem the Duke was held in by scores of MPs. It is understood Lindsay Hoyle, the House of Commons speaker, is open to proposals and will be monitoring the views of MPs over the coming weeks. Peter Bone, the Conservative MP for Wellingborough, told The Telegraph: "The Duke served the country for such a long period and in such a steadfast way. “Through all the ups and downs he’s always been there at the side of Her Majesty. When you come into ‘the mother of parliaments’ it would be rather nice that a memorial was there.” He added: “I think parliamentarians both in the Commons and the Lords would contribute. I think it’s something the speakers of both houses [of parliament] should look at.” Bob Blackman, joint secretary of the influential 1922 Committee of Tory backbenchers, also expressed support for a permanent memorial paid for by MPs and peers. “There certainly should be something in the Palace of Westminster as it is a royal palace,” Mr Blackman told this newspaper. “I think it would be absolutely right that we fund it through an appropriate collection from MPs and peers by voluntary contributions. That would be sensible.” There is precedent for such moves. A stained glass window to celebrate the Queen's Diamond Jubilee unveiled in 2012 was financed by members of the House of Commons and the House of Lords.
Thousands of people in Saint Vincent have been evacuated after the La Soufrière volcano erupted.
- The State
There was some drama on and off the field, but South Carolina dominated late.
- NBC News
Neo-Nazis and other far-right extremists planned rallies in dozens of cities Sunday but hardly anyone showed up.
Cavill, 37, introduced his "beautiful and brilliant love" Natalie Viscuso to his 15 million Instagram followers.
A 911 dispatcher in Louisiana was arrested after authorities say she refused to return $1.2 million that was accidentally deposited into her account
According to a lawsuit filed last week, Charles Schwab & Co. mistakenly transferred the woman more than $1.2 million. It meant to transfer $82.56.
The actor said it was his "destiny" for the couple to be together.
- The Telegraph
Sir John Major said yesterday that the “friction” between the Royal family and the Duke of Sussex was “better ended as speedily as possible”. The former prime minister spoke about the rift after Buckingham Palace confirmed that Prince Harry would fly back from the US to attend the Duke’s funeral. Appearing on the BBC’s Andrew Marr Show, Sir John was asked whether he agreed with comments made by Cardinal Vincent Nichols, who said: “Many a family gather and get over tension and broken relationships at the time of a funeral. Something very profound unites them all again – that would be true of this family, I am sure.” Sir John, who was appointed special guardian to Princes William and Harry after the death of their mother Diana, Princess of Wales, said: “I’m sure he is right, I believe he is right and I certainly hope so. “The friction that we are told has arisen is a friction better ended as speedily as possible, and a shared emotion, a shared grief, at the present time because of the death of their father, their grandfather, I think is an ideal opportunity. “I hope very much that it is possible to mend any rifts that may exist.”
- Business Insider
For Boehner, a jovial, backslapping politician who is known to publicly cry, McConnell's steely and to-the-point demeanor is quite a contrast.
- Raleigh News and Observer
The Canes and Wings couldn’t settle things in overtime, and it took seven players in a shootout before a winner emerged.
- The Telegraph
Bristling tensions with Prince Harry remain, but Royal family will wear the mask of unity at Duke’s funeral
The subtle briefings were designed to give Prince Harry the softest possible landing on his arrival back in the UK ahead of his beloved grandfather’s funeral on Saturday. From sources suggesting he was “united in grief” with the rest of the Royal family following the death of the Duke of Edinburgh, to the couple’s unofficial spokesman Omid Scobie insisting – should anyone be in doubt – that “Harry was incredibly close to Philip”, the Sussex spin machine was in evidence as the displaced Prince prepared for his first transatlantic flight in 13 months. Members of the Royal family also sought to calm serves ahead of what is feared could be a difficult reunion for the House of Windsor, with a palace source suggesting that the Prince of Wales was particularly looking forward to seeing his youngest son. “It’s been more than a year,” they pointed out.
- USA TODAY
'We are done dying': NAACP, others express outrage at pepper-spraying of Black and Latino Army officer during traffic stop
Virginia's attorney general, at least one congressman and the NAACP are furious at the actions of Windsor police officers during a traffic stop.
'I hate this home now:' California couple finally changes the locks on their dream house after previous owner refused to leave for over a year
Myles and Tracie Albert bought their home with cash in January 2020. But the seller used a legal loophole during the pandemic to remain in the house.
- The Telegraph
Of all the images that stood out during the televised funeral of Diana, Princess of Wales, there was one that has endured in the collective consciousness longer than any other: that of two boys who had just lost their mother, walking in sombre procession behind her coffin, while the world looked in upon their most private moment. Alongside Princes William and Harry that day walked their grandfather, the Duke of Edinburgh. Amid a terrible whirlwind of public mourning and spectacle, the Duke was reportedly deeply concerned about the emotional wellbeing of his bereaved grandsons, then 15 and 12. “I’ll walk if you walk,” he apparently told them at a dinner before the funeral. And, of course, he kept his word. Almost a quarter of a century later, has there been a change of heart within the monarchy about the role of children at Royal funerals? It is understood that the Duke’s 10 great-grandchildren, who include Prince George, Princess Charlotte and Prince Louis, will not be in attendance at his funeral this Saturday. That nine are under 10 years of age (Savannah Phillips will turn 11 in December) has likely played a part in the decision.