Author: AFP

Barcelona favourites for La Liga succes

MADRID: Barcelona may want to make up for the biggest collapse in Europe by signing the most expensive player in the world but a team that was by far the best in Spain are already significantly better. After finishing 11 points clear of Atletico Madrid last season, Barca signed Atleti’s

Dutch hero Sneijder announces retirement from football

THE HAGUE: The Netherlands’ most-capped player Wesley Sneijder announced on Monday his retirement from football, bringing down the curtain on a trophy-laden career that spanned 17 years. The 35-year-old, who played 134 times for his country, made the announcement while speaking to the YouTube channel of his hometown club FC

Liverpool seek more silverware

ISTANBUL: Jurgen Klopp wants Liverpool to make winning trophies a habit as they head back to Istanbul — the scene of one of the club’s greatest triumphs — to take on Premier League rivals Chelsea in the Uefa Super Cup today. The Anfield club memorably defeated AC Milan on penalties

Maguire gives new-look MU cause for optimism

MANCHESTER: After a chastening few months following Ole Gunnar Solskjaer’s appointment on a permanent basis as Manchester United manager, there is cause for optimism again at Old Trafford after romping to a 4-0 win over Chelsea on the opening weekend of the Premier League season. Solskjaer insisted ahead of the

Housing ‘crisis’ tests Saudi reform drive

RIYADH: Saudi Arabia is building a futuristic megacity with promises of talking robots and flying taxis, but for hundreds of thousands like academic Abdullah a simple dream remains elusive — owning a home. Housing is a potential lightning rod for public discontent in a country where affordable dwellings are beyond

China’s firms adapt amid US trade war

BEIJING: Export-reliant Chinese companies are slashing prices, moving production abroad, creating new domestic markets and even rebranding goods as they try to survive the escalating trade war with the United States. Factories along the eastern coast, fish processors in the south, apple juice exporters in central China and farmers in

Australia eyes rare earth deposits amid fears over China supplies

PERTH (Australia): Australia will step up production of rare earths and other militarily sensitive ‘tech metals,’ the country’s defence minister said yesterday, as doubts grow over the reliability of Chinese supplies. Linda Reynolds told an audience in Perth that resource-rich Australia had deposits that could safeguard supplies for allies including

Write-downs hit NZ dairy giant Fonterra

WELLINGTON: New Zealand dairy giant Fonterra announced more than NZ$820 million ($530 million) in write-downs yesterday, a financial hit that will plunge it deep into the red and prevent an annual dividend payout. Fonterra — the world’s largest dairy exporter — said a review of operations had found assets were

Saudi Aramco H1 net income slips to $46.9b

RIYADH: Saudi state-owned energy giant Aramco said yesterday its first half net income for 2019 had slipped nearly 12 percent to $46.9 billion, a first such disclosure for the secretive company ahead of its debut earnings call. The fall in revenue — owing to lower oil prices — was reported

Huawei launches first product with own operating system

Chinese telecom giant Huawei, which has been caught in the crossfires of the WashingtonBeijing trade war, on Saturday unveiled a new smart television, the first product to use its own operating system. The television will be available from Thursday in China and marks the first use of HarmonyOS, chief executive