Latest news with #ATP
Fashion Network
14 hours ago
- Business
- Fashion Network
Textile expects lay-offs or redundancies?
The president of the Textile and Clothing Association of Portugal (ATP), Mário Jorge Machado, who is also president of Euratex, warns that the US tariffs of 30% on European imports will halt the growth of exports from the textile sector to the country, including Portugal. Mário Jorge Machado told Jornal de Negócios that the negotiations between Brussels and Washington could also result in a significant increase in tariffs, which will mean that some companies may be forced to resort to lay-offs or even dismiss staff. Jorge Machado also recalls that Portuguese companies export "around 500 million euros a year, or 8% of the total value" to the U.S., he told Renascença, visibly concerned about the impact of the tariffs on European imports from the United States, announced last Saturday, July 12, by President Donald Trump. According to Jorge Machado, Portugal was "one of the few markets that grew last year and even had some growth in the first few months of this year, because orders were already placed at the end of last year, but it's a situation that could change," he continued Jorge Machado added that the textile sector still hopes that, by August 1st, the European Union and the U.S. will reach an agreement that will prevent the establishment of tariffs of 30% on European products, according to O Jornal Económico. Otherwise, "Portuguese textiles and clothing will find it difficult to maintain sales to the United States" and, as a result, U.S. consumers will find it difficult to get to/buy Made in Portugal, he concluded.
Fashion Network
15 hours ago
- Business
- Fashion Network
Textile expects lay-offs or redundancies?
The president of the Textile and Clothing Association of Portugal (ATP), Mário Jorge Machado, who is also president of Euratex, warns that the US tariffs of 30% on European imports will halt the growth of exports from the textile sector to the country, including Portugal. Mário Jorge Machado told Jornal de Negócios that the negotiations between Brussels and Washington could also result in a significant increase in tariffs, which will mean that some companies may be forced to resort to lay-offs or even dismiss staff. Jorge Machado also recalls that Portuguese companies export "around 500 million euros a year, or 8% of the total value" to the U.S., he told Renascença, visibly concerned about the impact of the tariffs on European imports from the United States, announced last Saturday, July 12, by President Donald Trump. According to Jorge Machado, Portugal was "one of the few markets that grew last year and even had some growth in the first few months of this year, because orders were already placed at the end of last year, but it's a situation that could change," he continued Jorge Machado added that the textile sector still hopes that, by August 1st, the European Union and the U.S. will reach an agreement that will prevent the establishment of tariffs of 30% on European products, according to O Jornal Económico. Otherwise, "Portuguese textiles and clothing will find it difficult to maintain sales to the United States" and, as a result, U.S. consumers will find it difficult to get to/buy Made in Portugal, he concluded.
Indian Express
a day ago
- Sport
- Indian Express
Who will get to Career Grand Slam first – Carlos Alcaraz or Jannik Sinner?
Which is the one missing trophy from the Carlos Alcaraz and Jannik Sinner cabinets? Both Wimbledon finalists and champions of last two editions, are only one Slam away from completing the Career Grand Slam. While Sinner is missing a Roland Garros trophy, something that he memorably fought for earlier this year in a fighting loss, while Alcaraz can get there sooner as he needs an Australian Open crown. Alcaraz won French (2024, 2025), Wimbledon (2023, 2024) after his first US Open in 2022. At the Australian his best showing is a Quarterfinal from last two years. Sinner, on the other hand, has one each of Wimbledon (2025) and US Open (2024), and two of Australians (2024 & 2025). His best at Roland Garros is the incredible final from this year. Alcaraz is closer to getting to the mark in January. Since the Open Era, only five men have achieved the feat: Rod Laver (before Open era), Andre Agassi, Roger Federer, Rafael Nadal and Novak Djokovic. Nadal was the youngest, doing so at the 2010 US Open aged 24. Laver Completed his set at US Open in 1969 at age 31, while Agassi rounded it off with his 1999 win at French Open ehen he was 29. Federer too had Roland Garros in his sights in 2009 when he completed the Career Grand Slam hand at 27, while Nadal wrapped it up a year later in 2010 at US Open. Djokovic who has most Slams fetched up six years later in 2016, with the eluding French Open finally his at 29. Alcaraz, currently 22, can win one of the next two editions of the Australian Open, to get to the youngest mark. Sinner too can at 24, if he triumphs at Roland Garros next year, but he will be older than Nadal was when the Spaniard completed his Career Grand Slam. Sinner will rue botching the three championship points in the Roland Garros final against Alcaraz before falling short in the sensational five-set classic. He was also halfway to winning all four majors in the same season at that juncture but Alcaraz denied him. Laver won all four titles in 1969. Sinner and Alcaraz share last 7 major trophies starting 2024 Australian Open. The duo have lined up another novelty mark – as per ATP, if one of them triumphs at the US Open, it will be the first time two men have claimed all four Slams in two consecutive calendar years since Roger Federer and Rafael Nadal in 2006 and 2007, being the only two to accomplish the feat in the Open Era.
New Straits Times
a day ago
- Sport
- New Straits Times
Group win essential as Malaysia eyes Davis Cup redemption
KUALA LUMPUR: The national squad has little margin for error during the group stage of the Davis Cup Asia-Oceania Group IV competition which starts tomorrow (July 16), says national team head coach Muliyadi Jamal. Muliyadi said his charges must win their group to avoid a potential clash with unseeded favourites, the Philippines, in the promotional playoffs at the National Tennis Centre here. Malaysia, the top seeds, have been drawn alongside Iraq, Kyrgyzstan and Nepal in Pool A. Philippines have been drawn in Pool B with second seeds Pacific Oceania, Kuwait and Qatar. "Ideally we would have wanted to have Philippines in the same group as us so we don't have to face them in the playoffs," said Muliyadi after the draw today (July 15). "Philippines have a very strong doubles pair who are essentially their 'fixed deposit'. All they have to do is win one of the singles. "I would say our group is the easier of the two and we have to win it to avoid having to face Philippines in the playoffs as it is likely they will win the other group. "I believe Kyrgyzstan is the toughest team in our group as they also have a strong doubles pair. "Having said that, our players are well prepared and are keen to get the competition started." The Philippines' doubles pair of Francis Alcantara-Ruben Gonzales won gold at the Phnom Penh Sea Games in 2023. Gonzales has been ranked as high as No. 116 in the ATP singles rankings while Alcantara has been ranked as high as No. 162 in the doubles. The Philippines tennis federation was suspended by the ITF in late 2020 due to governance issues. The suspension was lifted in January last year which is why they are currently making their way back up from the lower divisions in both men's and women's tennis. Muliyadi has opted to register Koay Hao Sheng, Leroy Yong, Darrshan Kumar, Daniel Prickett and Naufal Kamaruzzaman in his final squad for the competition. Malaysia is on a mission for redemption after being relegated for the first time from Group III last year. The squad will open their campaign against Nepal tomorrow (July 16). Order of play July 16 (all ties start 10am) Pool A: Malaysia vs Nepal, Kyrgyzstan vs Iraq
The Hindu
2 days ago
- Sport
- The Hindu
Courting grass: On Wimbledon 2025
Feats on grass have a special allure. When they come at Wimbledon, the most prestigious grass court on the planet, they acquire a richer tone of lustre. Jannik Sinner and Iga Swiatek, who won their maiden titles at the All England Club over the weekend, stand testament to this. Both were past Major champions, with Sinner having won three and Swiatek five trophies. Yet, by their own admission, very few achievements rank alongside their runs on the pristine lawns of southwest London. The wins also come at a critical juncture in their tennis lives as both players served doping-related bans in recent months and had their sporting ethics questioned. For Sinner, the success against two-time defending and five-time Slam champion Carlos Alcaraz snapped a streak of five straight losses to the Spaniard. This sequence contained the most painful of all defeats, at Roland-Garros last month where the Italian lost despite being three championship points up. The victory at SW19 showed the 23-year-old's remarkable powers of recovery and mental resilience. For Swiatek, Wimbledon was her first trophy of any kind since the French Open 2024. The Pole, who had spent a combined 125 weeks as No. 1 — seventh best in history — had slid down the rankings and had lost her aura. But by winning on her least-favoured surface, she has resurrected her career emphatically. Sinner's and Swiatek's triumphs will also have wide-ranging effects on their respective Tours. Sinner and Alcaraz have now split the last seven Majors between them, and Wimbledon was the second straight Slam final they were sparring in. In fact, starting from the Rome Masters in early May where Sinner made his comeback from doping suspension, they have clashed in the final in all three competitions they have both been part of, reinforcing the view that theirs is now men's tennis' pre-eminent rivalry. They have met 13 times — 10 of them in semifinal or better — and appear to have fully satiated fans' desire to see a worthy follow-up to the famed Roger Federer-Rafael Nadal duel. Ranked No. 1 and No. 2, they are also head and shoulders above the rest of the field. The gulf is best explained by Sinner's ATP points-tally of 12,030, which is nearly double that of third-ranked Alexander Zverev. Swiatek, meanwhile, has re-established the triumvirate atop the women's game. The 24-year-old may be the ninth different Wimbledon winner in as many editions, but she, Aryna Sabalenka and Coco Gauff have won 10 of the past 14 Majors. Swiatek's six Slams make her the leading light among active women, a position she seems primed to hold on to.
