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☆ India's 1-yr, 10-yr yield curve briefly inverts for first time in nearly eight years
▼ + stars: | 2023-03-08 | by ( Dharamraj Dhutia | ) www.reuters.com time to read: +2 min

The 1-year bond yield, that trades close to the 364-day treasury bill yield, briefly rose to 7.4750% earlier in the day, while the 10-year benchmark 7.26% 2032 bond yield was at 7.4728%. The 1-year note last traded above the 10-year bond in May 2015, according to Refinitiv data. The 1-year yield eased to 7.43%, while the 10-year benchmark was at 7.46% as of 4:20 p.m. IST. On Feb. 28, Reuters reported that India's bond yield curve is likely to invert on the back of worsening liquidity deficit in India's banking system and bets of continued rate hikes. Reuters GraphicsThe benchmark 2032 bond yield has risen only 12 bps during the same period, leading to spread compression and ultimately inversion.

☆ Black Ferns secure Olympic berth with fourth world series title
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +1 min

The Black Ferns, who won in Tokyo in 2021 by beating France in the final, added to their success in the world series following their triumphs in Sydney, Hamilton and Cape Town. They extended their lead at the top spot of the standings with two tournaments remaining - in Hong Kong and Toulouse. "Our goal from the beginning of this season was to qualify for Paris 2024. While we have now qualified for the Olympics, our season hasn't finished yet," said Black Ferns captain Sarah Hirini after Sunday's win over their trans-Tansman rivals. The Olympic Games will be held in Paris next year from July 26 to Aug. 11.

☆ Djokovic happy with injury recovery despite semi-final exit in Dubai
▼ + stars: | 2023-03-04 | by ( ) www.reuters.com time to read: +2 min

World number one Djokovic suffered a three-centimetre hamstring tear en route to winning the Adelaide Open before claiming his 22nd Grand Slam title at the Australian Open to go level with Rafa Nadal. The 35-year-old Serbian had a solid run at the ATP 500 event in Dubai before he lost 6-4 6-4 to Medvedev. I know that I didn't play well in some decisive moments, but it was also due to his quality of tennis," Djokovic told reporters. If that's the case, I'll take some time off, I'll prepare," he said. Reporting by Manasi Pathak in Bengaluru; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

☆ Former Pakistan woman hockey player killed in Italian shipwreck
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +1 min

March 2 (Reuters) - Former Pakistan women's hockey player Shahida Raza was among at least 67 people killed on the weekend in a migrant shipwreck off the coast of Italy, officials in her home province said. Those on board were mostly from Afghanistan but also from Pakistan, Syria, the Palestinian Territories, Iran and Somalia, Italian authorities said. "Pakistani authorities have informed Raza's family that the Pakistani national team hockey player perished in the boating accident off the coast of Italy," Qadir Ali Nayel, a legislator from Balochistan province, told Reuters late on Wednesday. The chief minister of Balochistan expressed grief over Raza's death saying in a statement she had brought honour to the province and the country. Reporting by Gul Yousafzai in Quetta, Pakistan; Writing by Manasi Pathak; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

☆ Wimbledon offers best chance of deep run at a Grand Slam: Murray
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

Feb 28 (Reuters) - Andy Murray said he is confident he will be in good physical condition at Wimbledon this year and that the tournament offers him the best chance of going deep at a Grand Slam. The 35-year-old considered retiring in 2019 after undergoing hip surgery but got his career back on track after another operation. "I really like the way that I've trained in practice these last four months and I've not been doing that with Wimbledon in mind. "If I do that and accumulate enough of those days, then I believe that come Wimbledon my game will be in a really, really good place." Murray is confident his body would be able to cope with the physical demands of playing seven five-set matches if required.

☆ International Skating Union to appeal Valieva doping case to CAS
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +2 min

Feb 22 (Reuters) - The International Skating Union will lodge an appeal to the Court of Arbitration for Sport in the case of figure skater Kamila Valieva after a Russian investigation found the teenager not guilty of any doping infraction, it said on Wednesday. The ISU said it is seeking a period of ineligibility at CAS's own discretion. "Additionally, CAS is to decide the consequences of the Anti-Doping Rule Violation committed by Kamila Valieva and determine the final results of the Figure Skating Team Event at the Beijing 2022 Olympic Winter Games." In her defence, Valieva said the positive test was the result of a mix-up with her grandfather's heart medication. During the Beijing Games, the International Olympic Committee (IOC) decided that no medals for the team figure skating event would be presented until Valieva's case had been resolved.

☆ Too late to sanction Barca over ex-refereeing official payments: LaLiga president
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +1 min

Feb 17 (Reuters) - LaLiga President Javier Tebas said it would be too late for the league to sanction Barcelona over payments made to a company owned by a high-ranking official of Spain's refereeing body, though it may be possible on a "criminal level". Spanish prosecutors said they are investigating around 1.4 million euros ($1.49 million) in payments made by Barcelona. The club have said they "hired the services of an external consultant" that supplied them with "technical reports related to professional refereeing". "It won't be possible for Barcelona to receive disciplinary sanctions," he said. "Five years have gone by and (the period to hand out) these types of sanctions expires after three years.

☆ Purple protest as Canada players take pay dispute to the pitch
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +3 min

[1/5] Members of Canada's National Women's soccer team wear protest t-shirts before their match against the U.S. at the SheBelieves Cup women's soccer tournament in Orlando, Florida, U.S., February 16, 2023. The team's protest is the latest escalation in their dispute with Canada Soccer over pay equity issues. "Tonight, our players will be wearing purple as a symbol of protest," said the Canadian Players Association in a statement. The Canadians wore the purple t-shirts during warmups at Exploria Stadium in Orlando, Florida before changing into their traditional red kit but wearing purple tape on their wrists. The Olympic champions had boycotted training last Saturday while demanding immediate changes but reversed course later that day as Canada Soccer called their strike unlawful and threatened legal action.

☆ Alcaraz wins on return from injury in Buenos Aires
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: 1 min

Feb 16 (Reuters) - World number two Carlos Alcaraz ended his near four-month injury layoff with a 6-2 4-6 6-2 win over Laslo Djere at the Argentina Open on Wednesday. Playing under the lights in Buenos Aires, Spaniard Alcaraz dominated with his heavy baseline blows and drop shots to seal his first victory since suffering an abdominal injury at the Paris Masters in November. "It's a great feeling to win again," Alcaraz said. "It's been a long time for me with no competition, with no matches, just recovering. Reporting by Manasi Pathak in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

☆ Billionaire Najafi set to launch $3.75bn takeover bid for Spurs - source
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +1 min

Feb 15 (Reuters) - Iranian-American billionaire Jahm Najafi, chair of MSP Sports Capital, is set to launch a $3.75 billion takeover bid for Premier League soccer club Tottenham Hotspur, a source familiar with the matter told Reuters on Wednesday. Najafi is also a minority shareholder in the National Basketball Association team Phoenix Suns. Tottenham, currently managed by Antonio Conte, have 39 points after 23 games in the league this season and sit two points outside the top four. Other Premier League clubs such as Manchester United and Liverpool are also seeking investment, with Qatari investors preparing to make a bid to buy United while Jim Ratcliffe's company INEOS formally entered the bidding process last month. Reporting by Emma-Victoria Farr and Manasi Pathak; Editing by Alison Williams and Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

☆ Alcaraz eager to reclaim top ranking from Djokovic
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +1 min

After 20 weeks at the top, Alcaraz slipped to number two in January when Djokovic won the Australian Open, an event the Spaniard had to skip due to injury. Alcaraz did not want to put too much expectation on himself in his first tournament since November. I'm getting used to these conditions, to play with the best players, so at the moment I'm feeling well," he said. "It's tough to play my first tournament after a long time for me, after four months. My hope is to feel that I am okay with the injury, with my body and try to play well."

☆ Arteta questions officials for allowing Brentford equaliser
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +2 min

LONDON, Feb 12 (Reuters) - Arsenal manager Mikel Arteta questioned a decision by match officials, saying Ivan Toney's equaliser for Brentford in their 1-1 Premier League draw on Saturday should have been ruled out for offside. "I just looked back and it is offside, yes," Arteta told a news conference. "You have to apply certain principles in defending and you do that by sticking to the rules. There was also a suggestion that Norgaard was offside before he made the assist but that did not appear to be proven. Asked about the equaliser, Brentford manager Thomas Frank said: "I agree that when they kick the ball Ethan is in an offside position.

☆ Is the iPhone's 'Made in India' era beginning as Apple breaks with China?
▼ + stars: | 2023-02-10 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

Minister of Commerce and Industry Piyush Goyal said Apple was already making between 5% and 7% of its products in India. His comments come at a time when Foxconn (HNHPF), a top Apple supplier, is looking to expand its operations in India after suffering severe supply disruptions in China. For years, Apple had relied on a vast manufacturing network in China to mass produce iPhones, iPads and other popular products. China headaches mountBut the world’s most valuable company posted shockingly weak earnings this month, partly because of its recent problems in China. According to Counterpoint’s Pathak, India accounts for 16% of the global smartphone production, while China constitutes 70%.

☆ PSG's Messi doubtful for Champions League clash with Bayern - L'Equipe
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +1 min

Feb 10 (Reuters) - Paris St Germain forward Lionel Messi is a doubt for the first leg of their round of 16 Champions League game against Bayern Munich due to a hamstring problem, French sports daily L'Equipe reported on Friday. Messi played the full 90 minutes of PSG's 2-1 defeat to Olympique Marseille in the French Cup on Wednesday but later felt pain in his hamstring, the report said. It added that the 35-year-old would miss PSG's Ligue 1 trip to AS Monaco on Saturday, three days before they host Bayern. Messi, who helped Argentina win the World Cup in December, has scored 15 goals in 25 games in all competitions for PSG this season. The Parisian club are already without forward Kylian Mbappe for the game against the German champions after he picked up a thigh injury last week.

☆ Kobe Bryant's jersey from MVP season sold for $5.8 million
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +1 min

Feb 10 (Reuters) - A Los Angeles Lakers jersey worn by Kobe Bryant during his only MVP season in 2007-08 fetched $5.8 million at an auction on Thursday, becoming the second-most expensive basketball jersey ever sold, auction house Sotheby's said. Michael Jordan's jersey from the opening game of the 1998 NBA Finals holds the record for the most expensive piece of game-worn sports memorabilia in history after it sold for over $10 million in September also via Sotheby's. Bryant, an 18-times All Star and five-times NBA champion, died in a January 2020 helicopter crash that also killed his daughter and seven others. Sotheby's website said the jersey was signed by Bryant and worn by him in 25 of his 82 games that season, including six playoff games. "(It) has become a symbol of his fierce determination and passion that has resonated with audiences across the world."

☆ Bublik smashes three racquets in Montpellier meltdown
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +1 min

MONTPELLIER, Feb 9 (Reuters) - A raging Alexander Bublik laid waste to three racquets in a row at the Open Sud de France in Montpellier on Wednesday as the defending champion exited the ATP 250 event in the first round. Bublik, who was born in Russia but represents Kazakhstan, lost 4-6 7-6(12) 6-7(3) to local hope Gregoire Barrere. World number 50 Bublik saved three match points in a marathon second-set tie-breaker to level the contest and the 25-year-old was leading 4-2 in the third. Barrere wrapped up the match on his sixth match point, while Bublik finished with 14 double faults. Reporting by Manasi Pathak in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Foreign investors, many of them already underweight what they consider an overpriced stock market, are reducing exposure. "Only Adani Group is trading with these ridiculously high multiples, and that is the core of the problem." "At this point in time, I don’t think it’s a systemic risk," said Jimmy Lim, chief investment officer at Modular Asset Management in Singapore. "We don't think that there's going to be a default anytime soon, although I don't expect any kind of near-term resolution between Adani Group and Hindenburg," Chao said. Yet Chao expects the selloff to help bring Indian stock valuations to more "palatable levels" for investors.

☆ Djokovic played Australian Open with 3cm tear in hamstring, says Tiley
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

Feb 1 (Reuters) - Novak Djokovic played with a three-centimetre (1.2 inches) tear in his hamstring during his run to a record-extending 10th Australian Open title, tournament director Craig Tiley said on Wednesday. "This guy I did see, he had a three-centimetre tear in his hammy," Tiley told SEN Sportsday. "He's so focused on everything he does, with every single minute of the day," Tiley added. He's been through a lot and to win 10 Australian Opens, I don't think that's ever going to be repeated... He'll hold a significant place in the history of the Australian Open."

☆ Chelsea smash British transfer record to sign Benfica's Fernandez
▼ + stars: | 2023-02-01 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

LONDON, Feb 1 (Reuters) - Chelsea announced the signing of Enzo Fernandez from Benfica on Wednesday after days of complex negotiations between the clubs to secure the Argentina midfielder for a British transfer record 106.8 million pounds ($131.46 million). Premier League club Chelsea announced the signing on Wednesday 1000 GMT via a video on Twitter, which showed a clip of a clock ticking down, making a reference to race against time to sign the World Cup winner. It takes Chelsea's transfer spending in January alone to close to 300 million pounds and to more than 500 million pounds since last May's takeover by an investment group led by American Todd Boehly and Clearlake Capital. His fee eclipses the 100 million pounds Manchester City paid Aston Villa for England midfielder Jack Grealish in 2021. On Tuesday, Chelsea sold experienced midfielder Jorginho to Premier League leaders Arsenal for 12 million pounds.

☆ Novak Djokovic's run to 22 Grand Slam titles
▼ + stars: | 2023-01-29 | by ( ) www.reuters.com time to read: +8 min

MELBOURNE, Jan 29 (Reuters) - Novak Djokovic beat Stefanos Tsitsipas in the Australian final on Sunday to win a men's record-equalling 22nd Grand Slam title. Tally: Federer 13; Nadal 5; Djokovic 12009: Nadal won his first hardcourt Grand Slam title, edging out Federer in five sets in Australian Open final. Tally: Federer 16; Nadal 10; Djokovic 42012: Djokovic overcame Nadal in the longest Grand Slam final in Open Era to win his third Australian Open title. Nadal maintained his stranglehold on the French Open, before holding off Daniil Medvedev in the U.S. Open final to move within one of Federer's Grand Slam haul. Tally: Nadal 22, Djokovic 21; Federer 202023: Djokovic won a record-extending 10th Australian Open title by beating Tsitsipas for his 22nd Grand Slam title, equalling Nadal's record.

☆ Emotional Djokovic hails biggest victory of his life
▼ + stars: | 2023-01-29 | by ( ) www.reuters.com time to read: +3 min

But the Serbian's woes are now well behind him and his 6-3 7-6(4) 7-6(5) victory over Tsitsipas was met with thunderous applause from a packed crowd at Rod Laver Arena. "I have to say that this has been one of the most challenging tournaments I have played in my life, considering the circumstances," Djokovic said in his on-court interview. This, probably, is the biggest victory in my life considering the circumstances." This is definitely not your last Grand Slam, you still have a lot of time, much more than me," Djokovic said. Tsitsipas, who fell short of becoming the first Greek tennis player to win a Grand Slam, commended Djokovic's contribution to the sport.

☆ Reed 'not living in reality', says McIlroy after snubbing American
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +2 min

Reed, who is taking legal action on different fronts since joining the Saudi-backed LIV Golf breakaway series, admitted he threw a tee towards McIlroy, who had blanked him, on Monday. "Patrick came up to say hello and I didn't really want him to," McIlroy told a news conference on Wednesday. "I'm living in reality, I don't know where he's living. Reed, the 2018 Masters champion, said that his affiliation with LIV Golf was the reason McIlroy snubbed him. Since my tees are Team Aces LIV tees I flicked him one.

United and Liverpool are the two most successful teams in English football but have won only one league title each in the past decade. "You get a lot of money from the Premier League, from broadcasting and sponsorship, but you also have to put a lot of money in to keep your team." "The failure of the proposal and the failure of Premier League clubs to gain greater power in the running of the league are likely influencing factors," said Spencer Harris, Associate Professor of Sport Management at the University of Colorado. "The current owners (of Liverpool and United) don't have the finances to compete and invest on the level of these other clubs." "(There is a) general realisation that English Premier League teams, the two biggest ones per se, are relatively uncapitalized versus NFL franchises, which have been a barometer for a longer period of time."

The club is one of the world's biggest sporting brands and generated 689 million euros ($750.94 million) in revenue in 2021-22. "Chelsea getting sold in 2022 means a rate has been established on the value of a Premier League club," Joyce said. The Glazers bought United for 790 million pounds in 2005 in a highly-leveraged deal which has been criticised for loading debt onto the club. OLD TRAFFORD INVESTMENTThe Chelsea deal involved the new owners paying 2.5 billion pounds ($3.10 billion) to purchase shares while committing a further 1.75 billion pounds to invest in the club, particularly the stadium. Media reports suggest it would cost one to two billion pounds to renovate.

☆ Struggling Everton sack manager Lampard - reports
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +2 min

[1/5] Soccer Football - Carabao Cup Second Round - Fleetwood Town v Everton - Highbury Stadium, Fleetwood, Britain - August 23, 2022 Everton manager Frank Lampard before the match Action Images via Reuters/Ed SykesJan 23 (Reuters) - Everton have sacked manager Frank Lampard, British media reported on Monday, after a poor run of form that has left the Premier League club in a relegation battle. Lampard was appointed by Everton in January 2022 after he managed Chelsea from 2019-2021 and Derby County in the second tier in 2018-19. The 44-year-old was sacked as Chelsea manager in January 2021, having returned to the west London club where he holds the goalscoring record. He took over at Everton after the Merseyside club parted ways with Rafa Benitez, continuing the managerial revolving door at a club struggling to revive former glories. Everton next host leaders Arsenal on Feb. 4 followed by the Merseyside derby at Liverpool on Feb. 13.

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