Motor racing-Formula E champion De Vries handed Williams practice slot

LONDON – Formula E champion Nyck de Vries will replace Williams’ race regular Alex Albon in first Friday practice for this weekend’s Spanish Formula One Grand Prix, the team said. Teams are obliged to run a young driver in two such sessions this season. De Vries, 27, is also a reserve for Mercedes who provide Williams with engines. While he has tested for Mercedes, the Friday session will be his first official outing in a…

"Motor racing-Formula E champion De Vries handed Williams practice slot"

Gold prices buckle under pressure from ‘King Dollar’, higher yields

– Gold prices fell more than 1% to their lowest in 3-1/2 months on Monday as elevated bond yields and a firmer U.S. dollar dampened bullion demand, even as riskier assets dropped after grim China economic data. A stronger dollar makes gold expensive for overseas buyers, while higher Treasury yields raise the opportunity cost of holding zero-yield bullion. Spot gold was down 0.7% at $1,798.80 per ounce as of 0920 GMT, after hitting its lowest…

"Gold prices buckle under pressure from ‘King Dollar’, higher yields"

Motor racing-F1’s jewellery ban is for right reasons, says GPDA’s Wurz

LONDON – Formula One is right to ban jewellery from the cockpit but the governing FIA could have enforced the rule in a less confrontational way, according to Grand Prix Drivers’ Association (GPDA) chairman Alex Wurz. Seven-time world champion Lewis Hamilton and the FIA were in a standoff at this month’s Miami Grand Prix over piercings the Mercedes driver has raced with for years and said he could not remove. Hamilton has been told to…

"Motor racing-F1’s jewellery ban is for right reasons, says GPDA’s Wurz"

Burning munitions cascade down on Ukrainian steel plant – video

LONDON – White brightly-burning munitions were shown cascading down on the Azovstal steel works in the Ukrainian port city of Mariupol in a video posted by a pro-Russian separatist commander on Sunday. The Ukrainian military said there was no let-up on Sunday in Russia’s bombardment of the steel works in the southern port, where a few hundred Ukrainian fighters are holding out weeks after the city fell into Russian hands. was not able to immediately…

"Burning munitions cascade down on Ukrainian steel plant – video"

Soccer-Haaland scores in Dortmund farewell appearance

DORTMUND, Germany – Borussia Dortmund forward Erling Haaland scored on his last game for the German club as they beat Hertha Berlin 2-1 on Saturday in the season finale, forcing their opponents into a relegation playoff. Haaland scored with a penalty to level the score at 1-1 with his 86th goal in his 89th match in all competitions since 2020, as Dortmund finished runners’-up to champions Bayern Munich. The Norwegian will join Manchester City next…

"Soccer-Haaland scores in Dortmund farewell appearance"

Emirates Telecommunications acquires 9.8% stake in Vodafone

DUBAI – Emirates Telecommunications Group Company PJSC, now known as (e&), said on Saturday it has acquired a 9.8% stake in Vodafone for $4.4 billion. The move came days after e& said it is looking to expand into new markets in Africa, Europe and Asia and in areas outside telecoms such as financial technology as its seeks to drive growth. The United Arab Emirates-based telecommunications firm said it made the investment to gain “significant exposure…

"Emirates Telecommunications acquires 9.8% stake in Vodafone"

Factbox-Russia’s response to Western sanctions

LONDON – A package of sanctions imposed on Russia, its top companies and its business and political elite over Moscow’s invasion of Ukraine look set to trigger a deep recession in Russia. Here is a summary of the economic consequences and Russia’s retaliatory measures: ECONOMY Almost 1,000 Western companies have either left or scaled back their operations since the start of the conflict, according to the Yale School of Management. The government forecasts that the…

"Factbox-Russia’s response to Western sanctions"

Soccer-Qatar World Cup hotels must welcome guests in ‘non-discriminatory manner’ – FIFA

– Hotels that are on the official list of recommended accommodation for the 2022 World Cup in Qatar are required to welcome guests in a “non-discriminatory manner” or face termination of contracts, FIFA said on Friday. A Scandinavian media survey showed that three of the 69 hotels on FIFA’s official list of recommended accommodation will deny entry to same-sex couples. Twenty other hotels said they would accommodate them as long as they did not publicly…

"Soccer-Qatar World Cup hotels must welcome guests in ‘non-discriminatory manner’ – FIFA"

Boxing-Former light-welter world champion Amir Khan announces retirement

LONDON – Britain’s former light-welterweight world champion Amir Khan announced his retirement from boxing on Friday after defeat to compatriot Kell Brook in February. Khan, Olympic lightweight silver medallist at the 2004 Athens Games when he was 17 years old, won the WBA light-welter belt from Ukrainian Andriy Kotelnyk in 2009 and added the IBF title in 2011 when he beat American Zab Judah. He bows out with a record of 34 wins from 40…

"Boxing-Former light-welter world champion Amir Khan announces retirement"