Word: trader
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...sister publishing business, which licenses the use of tracks from a bulging back catalogue, is still a massive money-spinner.) Lacklustre sales from artists like the British singer Robbie Williams meant revenues tumbled 16% in the year to last April to $3.4 billion. But is a former Goldman Sachs trader with no experience in the music business the man to make EMI sing...
...thousands of Kalenjin and Luo tribesmen tore through the Kikuyu sections of Kibera, mirroring violence across the country. Few seemed to care whether Kibaki and his tribe would fight back. "If there's civil war, it is the Kikuyus who will lose," says Titus Odiambo, a Luo fish trader. "It's their buildings that will burn. We don't have anything at stake." Some Kikuyu gangs struck back, but tens of thousands simply fled to the central highlands, where they are the majority tribe...
...Wednesday afternoon, on the New York Mercantile Exchange, a single trader bid up oil until it finally hit the price we'd all been waiting for: $100 a barrel. Driven by trends both short-term (political instability in Africa and speculation) and long-term (voracious new demand from China and India), oil has quadrupled since 2003, doubled since the beginning of 2007 and now reached triple digits for the first time since it began trading on the exchange began...
...Africa's biggest slum, lines are being drawn. Morris Otieno, a trader and businessman, won't say if he is one of the Luo tribesmen in the township of Kibera, on the southwest edge of Nairobi, who have torched shops, battled riot police and dragged rival Kikuyu tribe members into the street to kill them. But he will say that the Kikuyu must go. "We have to move them away from our areas," he says...
...were asked to guess John Andreas' profession, the words "fine-art auctioneer" would probably not come to mind. There's no bespoke suit or Etonian comportment. Instead, the burly Andreas sports cheap slacks, an off-the-rack polyester shirt and the mercantile mannerisms of a hard-bitten trader. Yet the former Indonesian shipping agent happens to be the founder and CEO of Borobudur Auction; in October his four-year-old company fetched $6.89 million at a Singapore sale of contemporary and modern Southeast Asian art. The figure was just $200,000 less than the highest figure taken at similar sales...