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Milan's La Scala opera house opens its 2013/2014 season on Saturday with a performance of Giuseppe Verdi's "La Traviata" on the 200th anniversary of the composer's birth. Milan has been seized by a "fever" in anticipation of the performance and even the mayor's office is using an aria from "La Traviata" as its call-waiting tone. Giant screens have been put up around the city to relay the opera live and there will be screenings in cinema across Italy and in other parts of the world. Conductor Daniele Gatti said "La Traviata" was "a gift from heaven" while Russian producer Dimitri Tcherniakov said he was amused by the "agitation" over the work.
A former SAC Capital Advisors trader, set to go on trial next month on insider trading charges, wants to cite in court some 2012 testimony given by the hedge fund's founder Steven Cohen, claiming it rebuts the government's case. He filed court papers late Friday seeking to use testimony given by Cohen to the U.S. Securities and Exchange Commission in May 2012. Martoma contends the testimony will show he had nothing to do with decisions to trade in Elan Corp and Wyeth in 2008. Filed in U.S. District Court in New York, the Martoma documents showed how extensively investigators questioned Cohen about the trading at the center of the case against Martoma, who was charged in November 2012 with insider trading in what is said to be the most lucrative such U.S. scheme ever.
CAIRO (AP) — Egyptian authorities released Saturday two dozen Islamist women and girls convicted for staging a street protest after an appeals court reduced their harsh penalties, including prison terms of 11 years, to suspended sentences.