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US Producer Prices Decline by Most Since April 2020 on Gasoline
US Producer Prices Decline by Most Since April 2020 on Gasoline
Prices paid to US producers unexpectedly declined in October by the most since April 2020, adding to evidence
2023-11-15 22:15
Niall Huggins excited to make Wales bow following ‘horrendous’ period
Niall Huggins excited to make Wales bow following ‘horrendous’ period
Wales newcomer Niall Huggins is ready to step onto the international stage after expressing fears that a mystery injury which left him with weak bones would end his career. Huggins joined up with the senior Wales squad for the first time this week ahead of decisive Euro 2024 qualifiers against Armenia and Turkey after what the Sunderland defender called a “horrendous” period. The 22-year-old made just a couple of league starts in his first two seasons at Sunderland after joining from Leeds in August 2021, with the full-back becoming increasingly concerned over his football future. “The last two years have been horrendous, awful to be honest,” said York-born Huggins, whose father was born in Bangor. “When I first joined Sunderland, I suffered an initial stress fracture in my back and that put me out for four or five months. “I had the same sort of issue but in different places when I was doing my rehab and it was something we struggled to get to the bottom of. “There was never a reason for why it was happening. All the tests we did, nothing ever seemed to stand out. “It was just that the bones were weak, which made it tough.” Asked if he felt his career was at risk at the time, Huggins said: “Yes, 100 per cent. It got to the point where every time I was doing the rehab, the first few steps back on the grass, it was always there in the back of my mind. “I would think: ‘Is this going to happen again?’ And you do start to worry. The years are going by on the contract and you are worrying about it. “When I did finally start to get fit, it helped so much mentally. But it is still hard to look back on.” Huggins said the issue was eventually resolved by “having an injection every morning for three months”, strengthening his bones and allowing him to return to training. But the physical demand of matches took a toll on his body, with muscular issues and a knee problem ruling him out until Sunderland’s Championship play-off games in May. It has not been until this season that Huggins has been able to show the potential that persuaded Marcelo Bielsa to hand him a Premier League debut for Leeds at Arsenal in February 2021. “It literally feels like I’m starting my professional career,” said Huggins, who has started 11 Sunderland games this term and scored his first senior goal – a Championship goal-of-the-month contender – against Watford in October. “This is the first year where I can really show what I can do and what level I can play at. To have the call-up to the senior team shows that even more. “It wasn’t even at the back of my mind, but it felt amazing. “To represent a country feels unbelievable. It means as much to the lads who were born outside Wales as those born in the country and who have lived there for a long time. “It just shows the culture that the set-up creates for the players. You can see how amazing the fans are and how much it means to the country to make it to the Euros. “The previous results show how much the lads want to play for the badge, including the lads born in England – and me being one of them. I’m just excited to one day hopefully put on the shirt and play for the country.” Read More Richard Arnold steps down as Manchester United chief executive Virat Kohli hits record century as India post huge score in semi-final Jon Rahm says it is ‘mainly my fault’ that he cannot catch Rory McIlroy in Dubai Man arrested over death of ice hockey player Adam Johnson bailed by police Ex-Chelsea keeper Petr Cech joins Belfast Giants as ‘temporary emergency cover’ Pat Cummins believes Australia can use past experiences to reach World Cup final
2023-11-15 21:30
Richard Arnold leaving role as Manchester United chief executive
Richard Arnold leaving role as Manchester United chief executive
Richard Arnold is leaving his role as Manchester United chief executive, the Premier League club has announced. With the club since 2007, he worked as commercial director before becoming group managing director in 2013. The departure of executive vice-chairman Ed Woodward saw him take up the role of chief executive in February 2022, but United have confirmed he is leaving his post. United said in a statement: “Richard Arnold has decided to step down as Chief Executive of Manchester United after 16 years with the club. “Patrick Stewart will take over as interim CEO, in addition to his existing role as General Counsel, with Richard continuing to provide transitional support until the end of December. A search process will be carried out for a new permanent CEO.” Outgoing chief executive Arnold said: “It has been an incredible privilege to serve this great football club for the past 16 years. “Through highs and lows, the constant has been the dedication of our employees and fans. “I would like to thank all of them for their loyalty and commitment, and wish everyone associated with the club the very best for the future.” Read More Virat Kohli hits record century as India post huge score in semi-final Jon Rahm says it is ‘mainly my fault’ that he cannot catch Rory McIlroy in Dubai Man arrested over death of ice hockey player Adam Johnson bailed by police
2023-11-15 20:58
Manchester United CEO Richard Arnold steps down as Ineos era nears
Manchester United CEO Richard Arnold steps down as Ineos era nears
Chief executive Richard Arnold is leaving Manchester United as they begin their search for a new CEO for the Jim Ratcliffe era. Patrick Stewart, the club’s general counsel, is taking over as interim CEO, with Arnold remaining involved for the rest of 2023. But, with Ratcliffe and Ineos set to buy a 25 percent stake in United for £1.3bn, Arnold will end a 16-year stay at Old Trafford after less than two years as chief executive. The petrochemicals billionaire Ratcliffe wants control of football operations when he takes a minority stake. The lifelong United fan was bidding against Qatari banker Sheikh Jassim after United’s owners, the Glazer family, revealed last November that they were open to investment. Much of Arnold’s time in charge has come amid uncertainty about United’s future and he said: “It has been an incredible privilege to serve this great football club for the past 16 years. Through highs and lows, the constant has been the dedication of our employees and fans. I would like to thank all of them for their loyalty and commitment, and wish everyone associated with the club the very best for the future.” Executive co-chairman Joel Glazer added: “I would like to thank Richard for his outstanding service to Manchester United over the past 16 years, and wish him all the best for his future endeavours. We are fortunate to be able to call on the deep knowledge and experience of Patrick Stewart to provide interim stability and continuity as we embark on a search for a new permanent CEO.” A close ally of former executive vice-chairman Ed Woodward, Arnold was criticised for his attempts to bring Mason Greenwood back into the team. Arnold, who was previously commercial director at Old Trafford, played a significant part in transforming United’s commercial and sponsorship revenue. In his time as chief executive, the club signed lucrative partnership deals with Adidas and Qualcomm. After Woodward had become more involved in sporting decisions, he delegated more of the responsibility to football director John Murtough and helped build a structure inside the club. Director of football operations David Harrison, director of football negotiations Matt Hargreaves, head of women’s football Polly Bancroft and deputy football director Andy O’Boyle all joined the club during Arnold’s reign. His tenure also included the appointment of Erik ten Hag and United’s first trophy in six years, in the 2023 Carabao Cup, plus greater investment in the women’s team. Stewart, who has been at United for 17 years, already works closely with governing bodies such as the Premier League, the FA and Uefa. He said: “Together with my leadership team colleagues, my job will be to ensure that the club’s foundations remain stable while we embrace changes that can make us stronger over the long term, on and off the pitch, and to support the search for a new permanent CEO.” Further changes are expected at Old Trafford with Sir Dave Brailsford, the cycling boss, likely to play a major role. Brailsford has worked closely with Ineos chairman Ratcliffe both with the Ineos Grenadiers cycling team and at Ligue 1 club OGC Nice. Read More Chelsea set for more Premier League scrutiny over Roman Abramovich era Chelsea face fresh scrutiny over secret payments made under Roman Abramovich Referees chief Howard Webb backs VAR decision on Anthony Gordon goal against Arsenal Chelsea set for more Premier League scrutiny over Roman Abramovich era Chelsea face fresh scrutiny over secret payments made under Roman Abramovich Referees chief Howard Webb backs VAR decision on Anthony Gordon goal against Arsenal
2023-11-15 20:47
Chelsea face fresh scrutiny over secret payments made under Roman Abramovich
Chelsea face fresh scrutiny over secret payments made under Roman Abramovich
Chelsea are set to face further scrutiny from the Premier League over reports of payments connected to the club’s former owner Roman Abramovich. The Guardian has reported that Abramovich, a Russian billionaire who owned the club for 19 years until he was sanctioned by the British government last year, used offshore companies to make payments which appear to have been for the club’s benefit. The Premier League is already investigating the club after their new owners became aware of “potentially incomplete financial reporting” linked to the Abramovich era while completing their due diligence as part of the takeover and self-reported the information they discovered to the league and other regulators. The Premier League has not commented on Wednesday’s report, but it is likely it will now look closely at the information reported by the Guardian. A Chelsea spokesperson said: “These allegations pre-date the club’s current ownership. They are based on documents which the club has not been shown and do not relate to any individual who is presently at the club.” Chelsea’s stance under their new owners has been consistent – to examine any allegations of impropriety under the previous ownership as soon as they become aware of them. Abramovich bought Chelsea in 2003 and invested millions as the club enjoyed unprecedented success, including Champions League victories in 2012 and 2021 as well as five Premier League titles. He was forced to sell the club last year after his assets were frozen by the Government following the Russian invasion of Ukraine. The FA has confirmed it is investigating, although it is unclear at this stage whether its investigation relates to the information Chelsea self-reported or the new allegations. Chelsea entered into €10m (£8.7m) settlement with Uefa after also self-reporting the information which came to light during the 2022 takeover to European football’s governing body. PA Read More Ruthless Emma Hayes will fix USA’s ‘arrogance’ and ‘complacency’ How Conor Gallagher navigated ‘crazy’ Chelsea period to target Euro 2024 place Is Real Madrid v Chelsea on TV? Channel, time and how to watch
2023-11-15 20:16
Supreme Court rules Rwanda asylum policy unlawful
Supreme Court rules Rwanda asylum policy unlawful
The UK's highest court says the plan leaves people at risk of being sent back to unsafe countries.
2023-11-15 18:57
'An obvious thing to do': Sir Ridley Scott on the slow evolution of Gladiator 2
'An obvious thing to do': Sir Ridley Scott on the slow evolution of Gladiator 2
Sir Ridley Scott has explained how making 'Gladiator 2' eventually became an "obvious thing to do" despite his initial reluctance.
2023-11-15 18:15
Ex-Spurs boss Andre Villas-Boas recalls ‘massive arguments’ over Joao Moutinho
Ex-Spurs boss Andre Villas-Boas recalls ‘massive arguments’ over Joao Moutinho
Andre Villas-Boas has spoken of the challenge faced by managers due to the increased use of data analysis, recalling it led to “massive, massive arguments” over the potential signing of Joao Moutinho when he was Tottenham head coach. The Portuguese wanted to sign compatriot Moutinho from Porto in the summer of 2012, but the midfielder was only sixth on the list compiled using data and statistical analysis by then sporting director Franco Baldini. Spurs pushed ahead with other targets, including Mousa Dembele, and only returned for Moutinho at the end of the summer transfer window, missing out on his signature by a minute. With more and more clubs using data and artificial intelligence to identify targets, Villas-Boas knows the conundrum that managers will now begin to face. “The most evident case I had when I was at Tottenham and I wanted to sign Joao Moutinho and he was sitting sixth on the list compiled by data people,” he said at Web Summit in Lisbon. “The first on the list was Dembele, we ended up signing him and we almost ended up signing Moutinho as well, but we lost it against the clock on the last day of the transfer window. “But it drained me emotionally to the point where, here was a guy that the data was not showing all that he represented from the coach’s perspective, which is a player that knows your leadership, a player that knows your style, adaptability to your style. “This can be quantified, but it must be done in the view of a coach and not a single view. “This was the problem in the beginning and we mad massive, massive arguments in the beginning because of this with Moutinho. “We signed Dembele but missed out on Moutinho and it was unfortunate because we were going to build up a very strong midfield. “This is precisely where you have to have that balance to understand, what is your coaching philosophy and how it should be integrated into the data that has been provided to you.” I have this objective of serving FC Porto as a president and at the moment it is going to go up for election in April or June 2024 so I always have the idea the present myself. Andre Villas-Boas Villas-Boas has not been in work since leaving Marseille in 2021 and has forged a career as a rally driver while also spending time with his family. The 46-year-old says he expects to remain out of the game until next year, when he could run for election as Porto’s president. “Now is not the right moment to talk about going back,” he told the PA news agency. “At this time I am dedicating my time to my family. “I have managed to find a break where I can dedicate myself to them 100 per cent and this is likely to be until June 2024. They deserve my presence. “I have this objective of serving FC Porto as a president and at the moment it is going to go up for election in April or June 2024, so I always have the idea the present myself.”
2023-11-15 17:50
Ruthless Emma Hayes built a Chelsea dynasty and will fix USA’s ‘arrogance’ and ‘complacency’
Ruthless Emma Hayes built a Chelsea dynasty and will fix USA’s ‘arrogance’ and ‘complacency’
“If you don’t improve I’m selling you.” A young Jess Carter is sat in the middle of a white-walled room at Chelsea’s training ground in Cobham, a tactics board behind her, a fleet of analysts and fitness staff, all armed with laptops, positioned on the outside, quietly looking in. Carter is chewing gum and looks bored, frustrated to have been hauled aside to hear the same old message. Facing her is Emma Hayes. “I want you to show every f***ing day that you give a f*** about yourself,” Hayes says. “It’s up to you to decide your future.” Four years later, it is clear what future Carter decided to choose. Now 26, the Chelsea defender is an established England international, having just played a key role in the Lionesses reaching the World Cup final this summer. When Carter first arrived at Chelsea, Hayes found a player who struggled to keep herself fit or follow a regimented diet. Chelsea’s fitness staff were exasperated and Carter’s confidence was on the floor: she did not think she was good enough to play for her country, but Hayes saw and believed in her potential and, crucially, how it could be brought out. What followed won’t be included on Hayes’s list of honours or medals when the manager leaves Chelsea at the end of the season. “Highly decorated” does not even begin to cover what Hayes has achieved at Chelsea, or the legacy she will leave behind after the shock news that this season will be her last at Stamford Bridge and Kingsmeadow, with the glamour of the USA job calling. Under Hayes, the days of triumph and glory Chelsea have celebrated since her appointment in 2012 have been unrivalled, stretched across an unprecedented decade of dominance. Yet if the dynasty Hayes built can be measured in titles, its foundations are in success stories like Carter’s – and the manager who set the environment where she could become the player she is today. “If you sleepwalk your way through life, you won’t survive,” Hayes goes on to say in the DAZN documentary One Team, One Dream. Certainly, it reveals some insights into the ruthless trophy-winning machine that has dominated women’s football in England over the last decade, claiming six Women’s Super Leagues, five Women’s FA Cups and two League Cups, and which in recent years has barely given anyone else a sniff. That could change now Hayes will be leaving the WSL, heading towards a position that is outside club football altogether. The 47-year-old will take up the vacancy at the United States women’s national team, with the four-time World Cup winners appointing her as successor to Vlatko Andonovski after their disastrous last-16 exit from this year’s tournament. Hayes was said to be US Soccer’s first choice for the job and reports in the US suggest she will receive an equal salary to the men’s head coach Gregg Berhalter, at £1.3m per year – making her the highest-paid women’s football coach in the world. Given Hayes’s record in women’s football, such an offer from US Soccer should only be considered the minimum. The English manager is the outstanding club coach in the women’s game and the only area that Chelsea have fallen short in has been in their pursuit of a first Champions League title, after reaching the final in 2021 and the semi-finals last season. It would be fair to include this as a criticism, given how Hayes has been backed by Chelsea and the resources available to the club. After all, it was that support that led to Chelsea signing Sam Kerr, the striker who took Hayes’s side to another level and whose taste for the big moments came to mirror their own sense of inevitability. But in dominating the domestic scene, Hayes created a culture where the values of graft and grind were placed on a pedestal. Over the years, much of their trophy procession felt self-fulfilling. It came from the top, where Hayes reinforced the message and stamped out complacency at the start of every season, sustaining Chelsea’s superiority in a league that was so often decided by fine margins. If the history of team sports shows there are often natural, unavoidable drop-offs in performance and motivation following periods of success, there has been little hint of that at Chelsea in recent years. Which is what makes Hayes’s move to the USA so fascinating. “Arrogance” and “complacency” were the very words used to describe how the USA ceded their position as the dominant force in international women’s football, as illustrated by their disastrous defence of their World Cup title in Australia and New Zealand. Their performances up to and including that last-16 defeat to Sweden highlighted a squad that was long past its best, and a system where players had the power and were picked based on their reputations. Naturally, many of the issues that Hayes inherits will lie below the surface and could take years to resolve, primarily how the US has fallen behind Europe in the production of young talent. Hayes’s previous experience before arriving at Chelsea is set to be beneficial, given she started her coaching career in the US college system in the early 2000s and landed her first professional managerial position with the Chicago Red Stars in the National Women’s Soccer League. As Hayes will remain with Chelsea until the end of the season, there is time to assess what is required ahead of what would be her primary goal of recapturing the World Cup in 2027. But it is in the dressing room where Hayes’s immediate targets and her strictest standards will be made clear – just like she told Carter all those years ago. “Get better or I’ll get someone else.” Perhaps the USA have not heard enough of that in recent years. Now a team in need of a reset will be charged with the ultimate cultural makeover. Before then, though, there are more trophies with Chelsea to win. Read More Emma Hayes: Winning Champions League would be fairytale end to time at Chelsea The ‘crazy’ debate once again at the heart of the Women’s Champions League Chelsea defeat Everton in WSL as Manchester City slip up against Brighton Emma Hayes says ‘time is right’ to move on from Chelsea after 12 years Emma Hayes to take charge of USA after final season at Chelsea Candidates to take over as Chelsea boss after Emma Hayes decides to move on
2023-11-15 17:25
ECB’s Centeno Sees ‘Anxiety’ Over Soft Landing in Euro Area
ECB’s Centeno Sees ‘Anxiety’ Over Soft Landing in Euro Area
European Central Bank Governing Council member Mario Centeno said there are concerns over whether the euro-area economy will
2023-11-15 17:15
Uttarakhand tunnel collapse: Fears for India workers stuck for 72 hours
Uttarakhand tunnel collapse: Fears for India workers stuck for 72 hours
Forty labourers have been trapped in the tunnel for over 72 hours after a part of it collapsed on Sunday.
2023-11-15 16:15
Renault Sets €10 Billion Sales Goal for EV Arm in IPO Pitch
Renault Sets €10 Billion Sales Goal for EV Arm in IPO Pitch
Renault SA is targeting more than €10 billion ($10.9 billion) of revenue by 2025 for its electric-vehicle and
2023-11-15 15:55
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