Wednesday, 8th December 2021

Goldman’s 12,000% Consolation Prize

By Bloomberg
08 May 2019   |   8:28 am
Goldman Sachs Group Inc. is missing out on leading the hottest IPO in years, Uber Technologies Inc. The consolation: a potential $600 million windfall from a mere $5 million wager that Goldman’s bankers made using the firm’s own money back in 2011, only a year after Uber had started offering rides.


23 Jan
A new UN-brokered deal for aviation will not require airlines to offset flight emissions for another six years and will cost them less than 1% of operating costs by 2035, a DW analysis has found.