
Morgan Stanley Asia Job Cuts Include Key China Bankers, Six MDs
Morgan Stanley is letting go of at least six managing directors, including some key China bankers, as part
1970-01-01 08:00

'I am one proud mama right now': Emotional Anna ‘Chickadee’ Cardwell attends daughter’s graduation amid cancer battle
Anna Cardwell's appearance occurs about two months after it was reported that she had been given a stage 4 adrenal carcinoma diagnosis
1970-01-01 08:00

Jose Mourinho says Spurs the only old club he does not have ‘deep feelings’ for
Jose Mourinho has claimed Tottenham are the only one of his former clubs to which he does not feel any connection. The Portuguese, 60, spent 17 months at Spurs but was sacked by chairman Daniel Levy in April 2021 just a week before they were to play Manchester City in the Carabao Cup final. Mourinho had previously managed Porto, Chelsea, Inter Milan, Real Madrid and Manchester United, and has subsequently taken charge at Roma, winning the Europa Conference League and leading them to the final of this season’s Europa League, where they play Sevilla next Wednesday. Speaking ahead of that fixture, Mourinho told a press conference: “I hope the Tottenham fans don’t get me wrong but the only club in my career where I don’t have still a deep feeling for is Tottenham. “Probably because the stadium was empty, Covid time. Probably because Mr Levy didn’t let me win a final and win a trophy.” Mourinho, who has been linked with a move to Paris St Germain this summer, was responding to a question about his future with Roma. “We will be connected forever, like I am with all my previous clubs, apart from Mr Levy’s club,” he said. “It’s the only one, so after that – Porto, Chelsea, Inter, Real Madrid, Manchester United – all the clubs I feel a connection. Maybe people (will say) you cannot love every club – yes, I love every club.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00

Everton stare into the relegation abyss – a mess of their own making
If the first 11 have presented a problem, the greater warning came on page 11. Page 11, that is, of Everton’s annual financial report. “Conditions indicate the existence of a material uncertainty that may cast significant doubt about the group’s ability to continue as a going concern,” it read. Those conditions, in the curious way Everton phrased it, were “if the assumptions in the relegation scenario were not achieved”. Their assumptions were that a storied club, founder members of the Football League and the club who have played more top-division games than any other in England, would stay up. With one game to go, they are one place above the relegation zone, their fate in their hands but dicing with disaster. A win against Bournemouth will keep Everton up. Anything else would doom them if Leicester win; lose and Leeds would leapfrog Everton with a victory of their own. Clubs in such positions are often imperilled; but not with an existential threat. As it is, Everton’s majority shareholder, Farhad Moshiri, has provided assurances of his intention to fund the club if they go down. But, as was noted in the annual report, they are not legally binding. There is a separate question of whether Moshiri could afford to: certainly both his and Everton’s finances appear slighter since his long-time business partner Alisher Usmanov was sanctioned by the British government amid Russia’s invasion of Ukraine. The Uzbek-Russian billionaire’s company, USM, had sponsored Everton’s Finch Farm training ground; he had paid for the first option to the naming rights of their new stadium at Bramley-Moore Dock. And Everton have needed money: even with Premier League revenues, they lost £44m in the last financial year; although that was dramatically better than losing £371m in the previous three years, albeit partly due to Covid. They face a Premier League investigation into alleged Financial Fair Play breaches, though they are adamant all recent deals have been run past the league to ensure they are compliant. But Everton may be staring into the abyss. Manager Sean Dyche said recently that livelihoods were on the line. So is much more. Everton have enjoyed 120 years of top-flight football, the last 69 of them unbroken. But Goodison Park, where Pele and Eusebio scored in the 1966 World Cup, could host its last Premier League game against Bournemouth on Sunday. Everton are due to move to Bramley-Moore Dock in 2024; finishing that requires money and they are in an exclusivity period for negotiations with the American firm MSP Sports Capital to invest in the club. An announcement could be forthcoming in the next weeks if Everton stay up; go down, however, and the context changes dramatically. Such funding, or indeed such a reliance on last-day results, may not be required had Everton not spent so much so badly in the Moshiri years. Their outlay on signings has topped £600m and yet the team was in such a state of disrepair that, for much of last week’s match against Wolves, their team, with the exception of Jordan Pickford, consisted solely of centre-backs, central midfielders and wingers. It was not an innovative tactical ploy. They did not have a fit full-back or, after Dominic Calvert-Lewin went off with his latest injury, a striker trusted to take the field. Which highlights one of the fundamental flaws in Everton’s thinking. Last season, Calvert-Lewin scored the goal that kept them up, but only after Richarlison had struck five others in the run-in. Richarlison had to be sold to bring in £60m before 30 June, the end of the Premier League’s financial year. Since then, Everton have banked on the fitness of an unfit player, who may now miss what could be billed as one of the biggest games in their long history. Meanwhile, Neal Maupay, the summer striking signing, is on a run of 27 games without a goal; he may count as former manager Frank Lampard’s greatest error, although that is a competitive list. Yet Everton have been prisoners of their past. Their summer deals tended to be for players with low up-front fees, signing those who they could get rather than, in some cases, who they ideally wanted. It means they still owe much of the cost of Dwight McNeil and Amadou Onana, who should at least command sizeable fees if they have to be sold, and Maupay, who may join the list of Everton buys who are unsellable. If other clubs can at least compensate for relegation by selling Premier League performers, Everton have fewer who would bring in large amounts – Calvert-Lewin could be a £50m forward if fit, but not otherwise, so that may only leave Pickford, McNeil and Onana – and still owe plenty. Relegation could be attributed to their past financial mismanagement. They were unable to buy in January until Anthony Gordon was sold, seeing targets such as Danny Ings go elsewhere (somewhat farcically, Arnaut Danjuma, who could have been a high-class loanee, got off a train at Crewe when he learned of Tottenham’s interest, switched platforms and hopped on one back down to London). They botched the end of the window and, if they were keen not to repeat past mistakes by overpaying for undistinguished players, the eventual verdict may be that the lack of another forward cost them their Premier League status; they enter the last game of the campaign with a mere four goals from specialist strikers all season. They face Bournemouth, who beat them twice in a week before the World Cup, scoring seven goals. Hindsight suggests Lampard perhaps should have been dismissed then, but he engineered a memorable escape from relegation last season. Perhaps, though, he just delayed it by a year. And if so, Moshiri’s seven years of clueless transfer-market excess might render it the most expensive relegation of all. And, considering the potential consequences to the club, among the most damaging. Read More ‘It is theatre’: Inside the emotional chaos of a final-day Premier League relegation battle Premier League relegation: What do Leeds, Everton and Leicester need to survive?
1970-01-01 08:00

France confirms bird flu vaccination after favourable tests
PARIS France confirmed its aim to launch a vaccination programme against bird flu in the autumn after results
1970-01-01 08:00

7 foods that could help you get better sleep
Wondering whether certain foods can affect your sleep patterns – or if eating certain things could actually help improve your sleep? The relationship between diet, sleep and overall health is two-sided, says Gabi Zaromskyte, registered nutritionist and founder of Honestly Nutrition. “Meaning what we eat and drink affects our sleep, but also, the quality and duration of sleep can affect our food choices,” Zaromskyte explains. “Scientific research has increasingly shed light on the significant impact of dietary choices on cognitive function, mood, and overall physical and mental health,” she adds. Certain dietary patterns and specific nutrients have been found to influence the sleep-wake cycle, sleep latency (the time it takes to fall asleep), and sleep architecture (the different stages of sleep), notes Zaromskyte. She continues: “And the quality and timing of our food and beverage intake can impact the production of sleep-regulating hormones, such as melatonin, which plays a critical role in regulating our sleep-wake cycle.” However, as Dr Maja Schaedel, co-founder of The Good Sleep Clinic points out, it’s important to understand that most research done so far shows that even though certain foods may be higher in melatonin, that does not necessary equate to falling asleep quicker. “You may have higher levels of melatonin, but if you’ve got stuck in a bad habit of tossing and turning for two hours before drifting off, or waking at 3am and not being able to return to sleep, foods high in melatonin are not going to solve your problem,” says Schaedel. She suggests that generally, it’s best to eat your evening meal at least two hours before bed, to avoid any indigestion, spikes in blood sugar and increase in body temperature that can occur while digesting. “If you tend to get peckish later in the evening, then plan a snack an hour or two before bed,” Schaedel adds. “It’s best to have something high in protein, like Greek yoghurt or nuts, and low in complex carbohydrates to avoid any spikes and falls in blood sugar.” Also, it might be wise to avoid the usual culprits which can trigger discomfort. “Fatty and spicy foods can cause heartburn and indigestion which can hinder good sleep, as well as alcohol, caffeine and tobacco,” says Lisa Artis, deputy CEO of The Sleep Charity. Here, experts share their go-to foods for supporting healthy sleep… 1. Cheese “Cheese gets a bad reputation as it’s commonly believed to give us nightmares, but actually it’s the opposite,” says Artis. “Cheese, and other dairy products, contain tryptophan, an amino acid which helps us to nod off more easily, and calcium which helps to reduce stress.” 2. Cherries To find out if foods with naturally occurring melatonin make a difference for you, Artis suggests giving cherries a go – particularly tart cherries, which have been found to naturally boost the production of melatonin. Zaromskyte says several studies have shown significant improvements in sleep quality and duration when consuming Montmorency cherries or tart cherry juice, where the concentration of naturally occurring melatonin and phytochemicals is higher compared to whole cherries. 3. Low sugar cereals “Cereal can also help us to sleep – but we must be mindful of the type of cereal,” says Artis. “There are lots of sugary options on the market, so try to avoid these.” She says complex carbohydrate-rich foods increase the availability of tryptophan in the bloodstream which, in turn, may help us to nod off. 4. Bananas Bananas are an excellent source of magnesium, potassium and tryptophan, says Artis. In other words, a great choice when it comes to supporting sleep. “While bananas have lots of great qualities for sleep, all fruit contains sugar too, so be mindful of this in the run up to bedtime,” she notes. “Try blending one banana with one cup of milk or soya milk to make an ideal evening drink.” 5. Almonds “Almonds are a brilliant source of calcium and magnesium, which promotes both sleep and muscle relaxation,” says Artis. “Magnesium also helps to regulate melatonin levels and keep blood sugar levels stable overnight.” 6. Magnesium rich foods Magnesium, an essential mineral, has been found to play a crucial role in sleep regulation – and can influence sleep quality and duration, says Zaromskyte. “It acts as a co-factor in more than 300 enzymatic reactions in the body, including those involved in the production and regulation of neurotransmitters and hormones that impact sleep.” Some magnesium-rich foods cited to help improve sleep quality include pumpkin seeds, spinach, almonds and dark chocolate (which is packed with health-enhancing antioxidants too). 7. Omega-3 rich foods Although research is limited, some evidence suggests foods rich in omega-3 fatty acids may promote better, longer sleep, says Zaromskyte. “For example, walnuts are a source of melatonin and other sleep-regulating compounds, such as an amino acid tryptophan and omega-3 fatty acids,” she says. “Other omega-3-rich foods include oily fish, like salmon, trout, mackerel and sardines, chia seeds and flaxseeds.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Household energy bills set to fall from July: 7 ways to help keep bills as low as possible Queen of Rock ‘n’ Roll Tina Turner’s most iconic looks 11 stylish ways to kit out kids’ bedrooms
1970-01-01 08:00

German Football’s Nein to Private Equity Leaves Bundesliga Adrift
German football fans are gearing up for a dramatic showdown this weekend, when the Bundesliga title race will
1970-01-01 08:00

Premier League relegation: What do Leeds, Everton and Leicester need to survive?
Everton, Leeds United and Leicester City are the three clubs heading into the final day of the Premier League season uncertain about being there again next year. Only Southampton have already been confirmed as facing the drop to the Championship, but from only a couple of months ago where at least nine sides were in danger of going down, it’s now just two from three who will end the weekend in despair. Sean Dyche’s side are in the driving seat after earning a late, late point against Wolves last time out, but while survival remains in their own hands, one win in their last ten matches doesn’t exactly offer much of a guarantee that they’ll get the job done. Ahead of the final fixtures, it’s Everton in 17th and safety on 33 points, Leicester on 31 and Leeds also on 31 - but with an inferior goal difference to both of those above them. Perhaps importantly, all three sides are at home for their last outing; of the trio, it’s Leeds who have the best record on their own turf this term - but the Foxes have taken most points from the last three on home soil. Here’s what each of the three clubs need to survive, and what every permutation will mean on the final day of 2022/23. Final day fixtures (Sunday, 4:30pm BST) Everton vs Bournemouth (15th) - live on Sky Sports Leeds vs Tottenham (8th) - live on BT Sport Leicester vs West Ham (14th) - live on Sky Sports If Everton win We’ll start with the obvious and easy one: a victory for Sean Dyche’s side against the Cherries renders everything else irrelevant. Everton can’t finish any higher than 17th, but 36 points would make them uncatchable by either of the other two. So an Everton win means they survive, while Leicester and Leeds go down. If Everton lose Before turning our attention to the potential for finishing level on points, here’s the situation if the Toffees are beaten by Bournemouth. First and foremost, Leicester and Leeds have to win. If either club fail to take three points from their own matches, they are down and Everton stay up. If one of them does win and Everton lose, Everton will be relegated and whichever one of Leeds and Leicester claimed victory will stay up, the other goes down. If both Leeds and Leicester win, Everton are down in 19th and Leeds will be relegated in 18th on goal difference...unless they somehow win by nine goals more than Leicester do. So if the Foxes triumph 1-0, Leeds need to become the first-ever Premier League-era club to secure a 10-0 victory to survive on goals scored. It feels an unlikely combination of events. If Everton draw Here’s where it gets more tricky. One point for Dyche’s side leaves them on 34. Again, if either Leeds or Leicester fail to win, they are relegated regardless of anything else, so only victories there will potentially affect matters. Everton survive if neither of the others win. So, if Everton draw, Leicester win and Leeds do not win: Leeds will be down in 19th, Everton will join them in the Championship finishing 18th. Leicester surive on goal difference. If Everton draw, Leeds win and Leicester do not win: Leicester are 19th and relegated and the last spot will go to goal difference. Everton are on -24 ahead of the weekend and a draw keeps them on the same, so Leeds (currently -27) need to win by three goals to stay up on goals scored. They are well ahead of Everton in that regard (47-33) so if we exclude ridiculous scenarios such as an Everton 18-18 draw, any three-goal win in this permutation will keep Leeds up. If Everton draw and both Leeds and Leicester win: It’s Leicester who stay up here and survive from a three-way goal difference fight. Not that it’ll matter much to either of them since they’ll be down regardless, but the order of Leeds and Everton will depend on if Leeds win by three, as in the previous permutation. What Everton need: To win their own game, or for Leicester and Leeds to both not win. What Leicester need: To win, and for Everton to not win. What Leeds need: To win and Everton lose, or to win by three if Everton draw. Leicester must also not win in either scenario. Odds on avoiding relegation Everton 2/9 Leicester 4/1 Leeds 10/1 *Accurate as of 24 May Read More Relegation permutations: What do Leeds, Everton and Leicester need to survive? Michael van Gerwen creates Premier League history by winning seventh title Erling Haaland aims to cap stunning debut season with Man City by winning treble Manchester United vs Chelsea LIVE: Latest Premier League updates Coventry and Luton are proof the play-off final means more than just money The all-or-nothing transfer dilemma Tottenham face this summer
1970-01-01 08:00

Hungary Budget Overruns Are Becoming an Issue for Investors
Hungarian Prime Minister Viktor Orban’s government is pushing back against growing criticism over fiscal management that investors say
1970-01-01 08:00

Football rumours: Real Madrid offered chance to sign Harry Kane
What the papers say Real Madrid have reportedly been given an opportunity to sign Tottenham striker Harry Kane. The Daily Mail, citing Spanish radio station Cadena Ser, says the Spanish giants have been offered the chance to pick up the 29-year-old in a player-plus-cash deal. Kane’s contract at Tottenham expires next summer and any transfer would give Spurs the chance to cash in before risking him leaving as a free agent. Staying with Tottenham, The Sun reports the club’s search for a new manager has taken a blow, with Paris St Germain linked with a move for top target Luis Enrique. Citing Marca, the paper says the French powerhouses are likely to sack boss Christophe Galtier and enter the race for the former Spain coach. Meanwhile, the Daily Mirror says 24-year-old France defender Jules Kounde is set to snub a rumoured approach from Chelsea to stay at Barcelona. Social media round-up Players to watch Samuel Umtiti: The Daily Mirror says the Barcelona and France defender, on loan at Italian side Lecce, is eager to find a permanent deal in Italy. Keylor Navas: Chelsea and Tottenham are among the clubs keeping tabs on the Nottingham Forest goalkeeper, according to Foot Mercato. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00

Stocks tiptoe toward US debt denouement; Japan sparkles
By Tom Westbrook SINGAPORE Asia's stock markets were cautiously higher on Friday, with Japan leading gains, while the
1970-01-01 08:00

Asia Traders Dial Down Risk on Chance No Debt Deal by Monday
Asian investors remain on edge before the weekend amid concern US debt-ceiling negotiations may still break down or
1970-01-01 08:00