Section: Gulf News (United Arab Emirates)
Le Clos breaks 100m fly world record
Chad le Clos, rebounding from what he considered a disappointing Rio Olympics, won his second gold of the Short Course Swimming World Championships on Thursday with a world record-setting victory in the 100m butterfly. The South African’s time of 48.08sec improved his own world record of 48.44, set at the previous edition of the...
Russian shares hit record high after Rosneft stake sale
Emerging market stocks climbed the most in a month yesterday, as Russia’s approval of the sale of a €10.5bn stake in its largest oil firm sent Moscow shares to a record high and forecast-beating Chinese trade data lifted the mood.MSCI’s emerging market index jumped 1.3% in the wake of China reporting upbeat trade figures, with exports...
Dealmaking king returns with Glencore’s bets on oil, Russia
A year ago Ivan Glasenberg (pictured) was fighting to save his company from short sellers. Today, the CEO of Glencore is back to doing what made his reputation: Cutting deals that shake up global commodity markets.Making a big bet on both the battered oil industry and Vladimir Putin’s Russia, Glencore and Qatar’s sovereign wealth fund...
Arsenal punching their weight again in Euro territory
‘It’s difficult to know (the advantages of finishing top) you feel a bit less guilty. We have done our job and let’s see what happens’ The true value of Arsenal’s table-topping display against Basel will not become clear until Monday’s draw for the Champions League last 16 but a 4-1 win proved they are starting to...
Foreign missions in India seek cash relief amid currency crunch
Russia, Ukraine, Kazakhstan and a number of other countries have already approached the government on the issue …read more Source: Gulf...
Russia economy displays ‘encouraging signs’ of recovery, says official
Russia’s economy is displaying “encouraging signs” of recovery and should return to growth in the first quarter of 2017, though it will take years for inflation expectations to be anchored, the central bank’s first deputy governor said yesterday.Growth was flat to slightly positive in the third quarter and fourth quarter data will...
Napoli, Benfica, Besiktas battle for last 16 slots
As Paris Saint-Germain joust with Arsenal for top spot in their group, Napoli, Benfica and Besiktas will battle it out today for last 16 Champions League slots. The Group B trio all have everything to play for in their final pool games as the only one of the eight first phase groups where no side has yet secured a berth. Portugal’s Benfica,...
Magnus Carlsen’s dramatic fightback from ‘certain’ defeat cements his legend
He believed defeat was ‘certain’ after a series of self-inflicted wounds, but Magnus Carlsen overcame self-doubt and a stubborn opponent to show the greatest champions find the path to victory when they’re not at their best Magnus Carlsen looked spent. It was Thursday morning in New York, less than a full day after he had survived the...
600,000 risk losing water in Ukraine
International monitors warned on Friday that around 600,000 impoverished people could be left without water or heat in war-scarred eastern Ukraine this winter. The words of caution came with few signs of an end to the 31-month-long conflict between Kiev and the pro-Russian separatists that has killed nearly 10,000 people in the EU’s...
Ukraine prime minister meets al-Kuwari
Prime Minister of Ukraine Volodymyr Groysman met HE Dr Hamad bin Abdulaziz al-Kuwari, Adviser at the Emiri Diwan and Qatar’s candidate for the post of director general at the United Nations Educational, Scientific and Cultural Organisation (Unesco), in Kiev on Friday. During the meeting, they talked about the Qatari candidate’s vision...
