TR EMERITUS

Singapore's biggest sovereign wealth fund, GIC, said it converted its UBS (UBSN.VX) notes into ordinary shares, suffering a paper loss of about $5 billion. The Government of Singapore Investment Corp [GIC.UL] had invested 11 billion Swiss francs ($10.22 billion) in mandatory convertible notes in UBS to support the Swiss bank... 

The Greek Debt Crisis Explained Damon Yeo It is perhaps somewhat ironic to note now that the word “tragedy” comes from Classical Greek. The economic crisis which the Modern Greek nation now faces is nothing less than a tragedy. Since 2007, we have witnessed spectacular collapses of equity markets, bond markets and major... 

Erlend Olson have been a bit player in semiconductors for years, the former NASA engineer had made an improbable metamorphosis into a burgeoning oil-exploration kingpin. His company, Terralliance Technologies, a secretive startup in Newport Beach, Calif., had developed an algorithm for telling petroleum engineers where to drill. Never...