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UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
ZURICH Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the
2023-11-30 16:28
Morgan Stanley, Rothschild Join Finance Elite in Abu Dhabi Push
Morgan Stanley, Rothschild Join Finance Elite in Abu Dhabi Push
Rothschild & Co. and Morgan Stanley are among global investment banks opening up in Abu Dhabi as the
2023-11-30 16:27
Olivia Rodrigo’s music inspired by ‘weird’ moments in her life
Olivia Rodrigo’s music inspired by ‘weird’ moments in her life
Opening up about her writing process, Olivia Rodrigo has said she takes inspiration from “weird” and “embarrassing” moments in her life.
2023-11-30 16:20
Turkish Economic Downshift Worse Than Forecast After Rate Hikes
Turkish Economic Downshift Worse Than Forecast After Rate Hikes
Turkey’s economy cooled last quarter as the central bank moved to tighten monetary policy after May elections, a
2023-11-30 16:20
Iceland volcano – live: 120 earthquakes strike as Grindavik anticipate imminent eruption
Iceland volcano – live: 120 earthquakes strike as Grindavik anticipate imminent eruption
Around 120 earthquakes have rocked the areas surrounding the town of Grindavik as they await a likely eruption, report the Icelandic Met Office. It comes as the exact location for an eruption has been revealed by the Icelandic Met Office, which says it “is still considered likely”. Experts at the Icelandic Met Office have issued a key update after a study of data from GPS stations and satellite images showed an “uplift” continues in the area of Svartsengi, north of Grindavík. The Met Office stated that the eruption is “still considered likely as the magma inflow continues”, adding that “the highest likelihood for an eruption is in the middle part of the dike between Hagafell and Sýlingarfell”. Earthquake activity has also led to the deepening of the port at Grindavik, according to RUV. The change in depth is because of the earthquakes’ impact, said the port manager Sigurður Arnar Kristmundsson. He told RUV: “The docks seem to have sunk by 20-30 centimeters when we measured about 10 days ago and then there is a chance that, yes, the bottom has sunk accordingly.” A fortnight ago, Grindavik was evacuated after magma-induced seismic activity tore vast chasms through the streets. Read More What to do with Grindavík: Has Iceland’s #1 selfie spot just emerged out of the ground? Is it safe to travel to Iceland? Your rights if you have a holiday booked Inside the abandoned Iceland town left in limbo by a volcano
2023-11-30 16:19
Cailee Spaeny reveals ‘Alien: Romulus’ will be set between first and second movies in sci-fi franchise
Cailee Spaeny reveals ‘Alien: Romulus’ will be set between first and second movies in sci-fi franchise
Speaking on the red carpet of the Gotham Awards, Cailee Spaeny revealed the upcoming ‘Alien: Romulus’ film will be set between the first and second movies in the franchise.
2023-11-30 16:17
Explainer-Possible Evergrande liquidation order and what happens next
Explainer-Possible Evergrande liquidation order and what happens next
By Clare Jim and Scott Murdoch HONG KONG China Evergrande Group, the world's most indebted property developer, is
2023-11-30 16:16
Metro Bank to Cut Jobs, Review Branch Opening Hours in Cost Push
Metro Bank to Cut Jobs, Review Branch Opening Hours in Cost Push
Metro Bank Holdings Plc said it expects to chop around 800 jobs and review its policy for keeping
2023-11-30 15:57
Julen Lopetegui reveals what he’s waiting for before return to management after Wolves exit
Julen Lopetegui reveals what he’s waiting for before return to management after Wolves exit
Almost four months after his unexpected departure as Wolverhampton Wanderers manager, Julen Lopetegui is still living in the city where, for many fans, he worked a miracle. In just nine months, he pulled a team back from the brink of the abyss, bottom of the table when he took over, to 13th place at the end of the season. However, disagreements with ownership over a lack of investment grew last summer. The club, under financial pressure, sold some of its best players as Matheus Nunes, Ruben Neves, Conor Coady, Adama Traore and Raul Jimenez all departed, prompting Lopetegui to stick to his guns and follow them out the exit door. "Wolves is part of the past,” the Spaniard exclusively told The Independent. “A recent and beautiful past of which above all I have fond memories of the fans. They made me feel at home. From there I can only wish them the best because they will always be in my heart. Without the pressure of full-time management – temporarily at least – Lopetegui now takes the opportunity to squeeze the good things out of living a quieter life: "I don't miss many things about the routine. I had been working for many years and it was healthy to do a reset. “Now I have more time to spend with my family and we are enjoying England, its culture and all its corners. I really liked the south of the country and I was also pleasantly surprised by Scotland.” For a manager, however, it is impossible to completely disconnect. Lopetegui met Howard Webb, head of referees, a few weeks ago and has also recently shared some experiences with people at an LMA Masterclass and with the PFA. And, of course, he also travels often to watch matches and to meet other managers. Friends, as he likes to say. With Guardiola? "I'm not going to say any names," he adds with a smile. In the four months he has been out of the circuit, he has received several offers from different leagues, but none has convinced him to return to the sideline. Yet... "You always prefer to start from scratch, with a pre-season to prepare everything, but sometimes those circumstances don't work out. I know how this world works," he argues. A few weeks ago, after Nuno Espirito Santo was sacked by Saudi Pro League side Al Ittihad, The Independent understands that Lopetegui received a call to take charge of the team – which includes players such as Karim Benzema. He refused to be tempted however, instead content to view the way the Saudi market is growing from afar. “Saudi Arabia is a league that is here to stay and to continue growing because the potential is unquestionable,” explained Lopetegui. “A lot of interesting things are happening and its commitment has to do not only with the present but also with the future because on the horizon, although still distant, is the 2034 World Cup. “There is a passion, a fervour and a chance to do important things and I can see the proof because top footballers and managers are going there. In any case, I have always expressed my interest in continuing to work in the Premier League.” That's the point: Lopetegui is still keen to return to coaching in England. That is his current dream, convinced that there is no other place in the world more attractive for his profession. Despite how much he has won in Spain, his face lights up when he talks about the Premier League and its prestige. "The competition creates an almost addictive demand on clubs, players and managers,” he said. “The fact that six games are played at the same time on a Saturday speaks well of an organisation that encourages attendance at the stadiums and that has a direct impact on the atmosphere. “The value of going to the stadium is tremendous because it generates a special energy and I think we all feel that way. I've really enjoyed the Premier League and I hope to continue to do so.” Although Lopetegui does not like to flaunt it, he knows that his name is on the potential manager list of a number of sporting directors at English clubs. "I aspire to take charge of a club where I can be happy and where I can lead a project that I feel I can develop,” he added. “I consider it fundamental that I can have a direct impact on the improvement of a dressing room with my ideas and my work. We all like to be at the top, to occupy the benches of the best clubs, but what I really want to see is that I can contribute and make a step up in level. The former Real Madrid manager, a perfectionist by nature, knows that in England he has all the ingredients to grow: "The Premier League has been nourished for years by the best and the league is the one that comes out of it all stronger. “It's a win-win situation for everyone. The more competitive you are, the more you learn. England forces us not to relax and to always look for nuances. England makes us all better.” Read More VAR costing ‘livelihoods and reputations’ fumes Wolves boss after latest problems FPL Gameweek 13: James Ward-Prowse, Luca Koleosho and five players to consider for transfers Gary O’Neil unpacks Wolves secrets on MNF to show the future of football punditry
2023-11-30 15:56
China’s Farmers Forced to Let Vegetables Rot as Demand Wanes
China’s Farmers Forced to Let Vegetables Rot as Demand Wanes
Chinese farmers in some provinces are being forced to let fresh vegetables rot in their fields due to
2023-11-30 15:53
Sino-Ocean Said to Be in Talks With Cinda for Financial Support
Sino-Ocean Said to Be in Talks With Cinda for Financial Support
Chinese state-backed developer Sino-Ocean Group is in talks with bad-debt manager China Cinda Asset Management over financial support,
2023-11-30 15:49
European stumble shows there are two sides to Manchester United – and neither is working
European stumble shows there are two sides to Manchester United – and neither is working
From hell to purgatory. Manchester United are left in limbo about their European future this season, after a game at Galatasaray where both sides left everything on the pitch. Andre Onana, however, let two free-kicks in. There was still more to an utterly thrilling 3-3 draw than that, as United lost a lead for the fifth time in five Champions League group games. This was also the second by two goals. That should torment Erik ten Hag, even as it would have delighted anyone else watching on. This was so much more entertaining than the divinely perfect football we’ve come to expect from the competition’s best level and there is, of course, a lesson in that. This might have been the way to put on a show. It isn’t the way to go about an away game in the Champions League. There should be an even greater aggravation to that for Ten Hag, though. So much of United’s attacking play looked like what you would consider his ideal. It was a long-awaited reminder of last season’s best form, particularly Scott McTominay’s counter-attacking finish that should have won it. It was all there. There was connection combined with emphatic force, as was seen with Alejandro Garnacho’s glorious strike for the first after that exquisite little through ball. There was pure individual inspiration, as seen with Bruno Fernandes’ blockbuster. There was then incision at pace, as they cut through Galatasaray for McTominay to slide in. This is the way United should be playing. The great question for Ten Hag, that is directly connected to the quandary of how they keep losing leads, is whether they can only play that way by going so open? It is some way removed from Pep Guardiola’s suffocation through possession. It is even further away from so many of United’s drab league games. There, there’s been a more dour resilience, where performance has actually obscured relatively acceptable form. This still shouldn’t be acceptable, though. United just shouldn’t be in this position. That could have been said before this game, but this made it much worse. It’s like there’s no in-between. It’s either “control” to the point of boredom or abandon to the point of this chaos. Galatasaray of course contributed. They were often as good in attack, and just as porous at the back. The number of chances they were willing to just offer up late on. It’s incredible they still came out with a draw. For that, they can look to United’s goalkeeper. One Hakim Ziyech free-kick like that would have been bad enough. Two might well be a season destroyer. It will be all the worse given he had recovered. There hadn’t really been a major error since the supposed turning point of the penalty save against Copenhagen. It was just another twist in this group stage. The one excuse that might be made for Onana is that the conditions made it especially difficult, particularly in situations like those free-kicks. It was also like a player as clever as Ziyech knew that. He went for it. Again, there was more to it than that. Like Galatasaray at the other end, United gave up so many chances that any two or three of a number of efforts could have ended up as goals. Kerem Akturkoglu's brilliant sweeping strike was one. That could have happened many times over. The chaos reduced the match to an element of blind luck – especially late on. That last proper move United had, where the ball ricocheted around Fernando Muslera’s goal, summed it up. It could have gone anywhere. As it is, United are going out. It should never have come to that. There are questions for Ten Hag there, beyond his choice of goalkeeper. How are they this erratic after a year and a half? How is it they have found a relatively forgiving group so punishing? How can translate some of this attacking to the league, without bringing that mayhem at the back? This is what United need to look to, other than a miracle. Hell, as Galatasaray still attempted to style their new Rams Park, wasn’t the place for that. Read More Arsenal through to last 16 as Manchester United squander lead again Erik ten Hag says Manchester United ‘have to learn’ from Galatasaray draw Man United suffer heavy Champions League blow in Galatasaray thriller Champions League: What do Man United, Arsenal and Newcastle need to reach last 16? Man United’s teen sensation who could offer salvation - and it’s not Garnacho Why Bruno Fernandes is the only choice as Man Utd captain
2023-11-30 15:49
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