LONDON: Chelsea consolidated third place in the Premier League with a 1-0 win over Southampton at Stamford Bridge on Saturday, thanks to a Marcos Alonso goal. Alonso scored the only goal of the game by curling a long-range free kick past goalkeeper Fraser Forster and into the bottom corner in the third minute of first-half […]
Political deadlock pulls index down
KARACHI: KSE-100 Index declined by 434 points week-on-week to 38,646 points owing to 3.6% WoW slide in PKR/USD and deadlock on Delimitation Act which could delay general elections. Pakistani rupee depreciation caused cements (-6.0%WoW), engineering (-9.0%WoW), OMCs (-2.8%WoW), autos (-2.7%WoW), and refineries (-8.8%WoW) valuations to decline contributing -214/-83/-53/-52/-40 points to index whereas E&Ps (+1.9%WoW) drove […]
Schneider takes European bobsled title, leads German sweep
INNSBRUCK: Stephanie Schneider won her second consecutive bobsled World Cup race Saturday, leading a German sweep of the European Championship podium. Racing together for the first time, pilot Schneider and pusher Annika Drazek defeated Elana Meyers Taylor and Kehri Jones of the United States by 0.36 seconds. Mariama Jamanka and Lisa-Marie Buckwitz of Germany were […]
Syrian refugee’s dream comes true with Messi meeting
BARCELONA: A young Syrian refugee’s dreams came true when she met Lionel Messi and his Barcelona team mates after the club invited her to attend a La Liga match earlier this month. Nujeen Mustafa, 18, who suffers from cerebral palsy and is confined to a wheelchair, fled her hometown of Aleppo two years ago with […]
Berizzo returns after cancer operation as Sevilla draw
BARCELONA: Sevilla coach Eduardo Berizzo took charge of his first game since having surgery to treat prostate cancer and received a rapturous reception from the Sanchez Pizjuan crowd before his side’s 0-0 home draw with Levante on Friday. Chants of the Argentine coach’s name reverberated around the stadium before the game, which despite the scoreline […]
UEFA rejects AC Milan plea to waive FFP rules
MILAN: European soccer’s governing body UEFA has rejected a request by AC Milan to waive the Financial Fair Play (FFP) rules, citing uncertainties in the Italian soccer club’s financial situation, it said on Friday. Under UEFA regulations, any European soccer club that spends more than its generated revenue faces possible sanctions, including, in certain circumstances, […]
Lindsey Vonn enjoys first World Cup win of season
VAL D’ISERE: American Lindsey Vonn won the Super G at Val d’Isere to claim her first victory in a World Cup race for nearly a year on Saturday. The four-times overall World Cup champion completed the course in one minute 4.36 seconds and showed no signs of the back pain which troubled her in St […]
Udinese hand Inter their first league defeat of the season
MILAN: Serie A leaders Inter Milan suffered a shock 3-1 defeat at home to Udinese on Saturday to end their unbeaten start to the league season in their 17th match. Rodrigo De Paul converted a penalty awarded with the help of the video assistant (VAR) in the 61st minute and Antonin Barak finished off a […]
Inflammatory letter sheds light on Uber’s alleged misconduct
SAN FRANCISCO: A former Uber security specialist accused the company of dispatching a team of spies to steal its rivals’ trade secrets and using shady tactics to thwart its competition in the ride-hailing market, according an inflammatory letter unsealed Friday by a federal judge. Those tactics allegedly included impersonating other people, illegally recording conversations and […]
Healthcare draws election-year worry, but 2016 repeat not seen
NEW YORK: With another election year looming, investors in the healthcare sector are wary the coming months could reopen wounds suffered during the 2016 US presidential race. Healthcare becoming as a hot an issue in the 2018 midterm elections as it was two years earlier could threaten the sector. A big risk stems from voters […]