Lyon signs midfielder Tyler Morton from Liverpool in $17M deal
The 22-year-old Morton signed a five-year contract with Lyon, which confirmed it paid a fee of 10 million euros with potential bonuses of 5 million euros.
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27 minutes ago
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Apple leads surge in global tech shares after Trump tariff relief
(Reuters) -Global technology stocks advanced on Thursday in a relief rally after the latest tariff salvo from U.S. President Donald Trump largely exempted industry heavyweights from his threat to impose 100% levy on chips and semiconductors. Trump said the new tariff rate would apply to "all chips and semiconductors coming into the United States," but would not apply to companies that had made a commitment to manufacture in the U.S. or were in the process of doing so. Apple's stock rose 3.3% in premarket trading after Trump's announcement on Wednesday that the company will invest an additional $100 billion in the U.S., a move that could help it sidestep potential tariffs on iPhones. U.S.-listed chipmakers advanced broadly, with Advanced Micro Devices up 2.5%, Intel gaining 2.1% and Nvidia up 1.1%. "A major uncertainty has been removed and investors can finally move on," UBS analysts said in a note. Semiconductor manufacturing equipment supplier Applied Materials and chipmakers Texas Instruments, GlobalFoundries and Broadcom - Apple's partners in the investment effort - climbed between 0.8% and 10.1%. European chipmakers also joined the rally, with ASML, ASMI and BE Semiconductor Industries climbing about 3% each. Germany's Infineon said it could not speculate on possible semiconductor tariffs, as no details have been disclosed yet. Its shares were up 0.6%. Trump's latest on semiconductor tariffs seemingly rules out Taiwanese chip contract manufacturer TSMC, which makes chips for most U.S. companies, including Nvidia, as it has factories in the U.S. "The market remains keen to buy TSMC on dips. Investors also believe they need to remain positioned in AI - with or without tariffs," UBS analysts said. TSMC shares closed almost 5% higher to hit all-time highs, while Samsung Electronics and SK Hynix climbed 2.5% and 1.4%, respectively. South Korea's Samsung and SK Hynix will also not be subjected to 100% tariffs on chips, the country's top trade envoy said. Samsung has invested in two chip fabrication plants in Austin and Taylor, Texas, while SK Hynix has announced plans to build an advanced chip packaging plant and research and development facility for artificial intelligence products in Indiana. Since stepping into the White House in January, Donald Trump has made several tariff threats, specifically on semiconductors, aimed at reshaping the supply chain of the industry and spurring domestic production. "The (100% tariff) figure fits Trump's approach of 'open high, negotiate down' and the final figure could be similar to reciprocal tariffs to limit inflation in consumer goods, given that many have chips," said Phelix Lee, senior equity analyst at Morningstar. Not everyone has come out of the latest blitz on the right side, with the Philippines and Malaysia looking to find out more details about the tariff rate. Dan Lachica, the president of the trade body for the Philippine semiconductor industry, said 70% of its electronics exports are semiconductors and the new tariff rate would be "devastating". Philippine stocks were down 0.1% after falling as much as 0.9% during the day. Malaysia's trade minister said the country has reached out to U.S. counterparts for clarity on the tariffs. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27 minutes ago
- Yahoo
New Feyenoord signing under fire after dramatic Champions League night
Feyenoord beat Fenerbahce 2-1 last night in a dramatic first leg of Champions League qualifying. The first clash in the third round saw a Quinten Timber goal cancelled out late on by Sofyan Amrabat, before Anis Hadj Moussa rose heroically to nod in a Jordan Bos cross in the 91st minute. However, after the jubilation subsided amongst the fanbase, the Rotterdammers' blunt critical thought had time to manifest around new signing Sem Steijn. Steijn, who was brought in this summer as a promising goal-scorer from midfield and immediately appointed captain, was the target of criticism from a large part of the Legion. In the first half, when Feyenoord were playing convincingly, there were sceptical voices about Steijn's performance. Former midfielder Willie Overtoom noted that things were 'going a bit too fast for Steijn and Ayase Ueda' before the interval. As Fenerbahçe came more into the game in the second half, the tone became harsher. 'Steijn simply can't do anything,' wrote one fan. Another responded: 'Steijn is at a minimum at this level. Now it requires more than just clever free play. You also need to be able to handle the ball!' Supporters were particularly annoyed by his lack of presence in midfield and his lack of possession. 'Look at how Steijn is walking. Not a decent touch or a proper pass. And captain? What a joke,' one player said sharply. Another added: 'Steijn runs too much towards the ball and with it. You should pick up your man, not run with the ball.' That he was appointed captain of the team by Robin van Persie is surprising. 'Why would you make Steijn captain if you're not even sure if he'll play?' one supporter wondered. Another was more blunt: 'They're laughing their heads off at FC Twente.' While Steijn received the most criticism, there were also concerns about other players. Up front, centre forward Ueda once again looked out of his depth. 'Ueda is such a weak link. Get a striker,' was a frequent refrain. 'We'll play with 10 men as long as he's still there.' The Japanese striker was again criticised for being unable to hold onto the ball or be available for a pass. 'Ueda really likes to eat grass,' someone cynically remarked. Leo Sauer, while energetic in the first half, also completely regressed in the second. 'Sauer can't handle this level yet,' he repeatedly said. 'His tank is simply empty after 60 minutes.' Supporters clamoured for a substitution, which was made after 61 minutes by Robin van Persie. With Fenerbahce hosting the second leg, the new signings will either have to adapt quickly or face rotation, as Jose Mourinho has hinted at a ferocious atmosphere in Istanbul. GBeNeFN | Max Bradfield
Yahoo
27 minutes ago
- Yahoo
Jonathan Edwards reveals the problem with his triple jump world record
Triple jump world record holder Jonathan Edwards claimed that he doesn't think it's a good thing that his record has stood for 30 years, explaining that it doesn't suggest 'a really healthy and thriving sport'. Olympic gold medalist Edwards set a world record of 18.29m three decades ago at the 1995 World Championships in Gothenburg, and the 59-year-old remains Britain's only track and field world record holder in regularly contested events. But he said that the fact his record still stands is not 'a good sign for athletics' before questioning the state of the sport, with 2025 world leader Andy Diaz jumping 17.80m in March. 'When you think of all the developments in sports science, nutrition, training methods, all of those things, I don't think it necessarily speaks to a really healthy and thriving sport, if I'm honest," Edwards told BBC Sport. 'I don't think it's a good sign for athletics as a sport that you have a record that stands for 30 years,' he added. Edwards questioned the professional development of athletics, saying it has not 'kept pace' with other sports and 'doesn't offer the same rewards', leading to young athletes choosing different fields. 'If you're a talented young kid, you wouldn't necessarily pick track and field. You wouldn't certainly pick a field event where the rewards are less than on the track,' said Edwards. Both investment and participation in athletics have been falling in recent years, and while the stars of the most popular events – such as the 100m and 200m races – stand to earn more through sponsorships and events such as Grand Slam Track, those same rewards are not available to most field athletes, even Olympic champions. This lack of 'professionalisation' of the sport is a reason why Edwards thinks his record has stood for so long, with only three individual records – for long jump, high jump and hammer throw – standing for longer. The closest attempt to his record was a distance of 18.21m set by the USA's Christian Taylor in Beijing in 2015, though of the top 10 distances five of them were set in the last decade and two belong to Edwards, with the Briton having originally set a new record of 18.16m in Gothenburg before adding another 13cm around 20 minutes later. And when asked how he would feel if his record did get beaten, Edwards admitted that 'it would be nice if it carried on'. "It's been a part of me for so long now. It would be quite a good funeral [if there was] something down the aisle - 18.29m,' he explained.
