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Straits Times
4 days ago
- Automotive
- Straits Times
McLaren to auction 2026 F1 car before it has been raced
Sign up now: Get ST's newsletters delivered to your inbox FILE PHOTO: Formula One F1 - Pre-Season Testing - Bahrain International Circuit, Sakhir, Bahrain - February 21, 2024 McLaren's logo is seen during the pre-season testing REUTERS/Hamad I Mohammed/File Photo LONDON - Champions McLaren claimed a first on Thursday by announcing the auction of one of their 2026 Formula One cars before it has even been raced. The F1 car, which will be driven by Oscar Piastri or Lando Norris, is one of a trio of future chassis offered by McLaren in the December 5 sale organised by RM Sotheby's ahead of this year's season-ending Abu Dhabi Grand Prix. The other two are a 2026 Arrow McLaren Indycar, to be raced at the Indianapolis 500 next May by Mexican Pato O'Ward, and McLaren's inaugural 2027 World Endurance Hypercar that will compete in the 24 Hours of Le Mans. McLaren Chief Executive Zak Brown said the auction would be the first time a future Formula One car had been sold before it had been unveiled to the public. The as-yet unnamed 2026 car, likely to be the MCL40 after this year's MCL39, will be the team's first for a new era in Formula One with a big change in technical and engine regulations. The successful bidder will have to wait until 2028 to take delivery, with a 2025 show car offered on lease until then to the buyer who will also have behind the scenes access to the team and events. The other cars will be delivered after the respective series have ended. Top stories Swipe. Select. Stay informed. Singapore Jalan Bukit Merah fire: PMD battery could have started fatal blaze, says SCDF Singapore askST: What to do in the event of a fire at home Singapore askST: What are the fire safety rules for PMDs? Singapore 4 housebreaking suspects taken to Bukit Timah crime scene under police escort Asia AirAsia flight from KL to Incheon lands at wrong airport in South Korea Opinion Could telco consolidation spell the end of attractive mobile plans? Singapore Change in law proposed to pave the way for public-private sector data sharing Singapore From quiet introvert to self-confident student: How this vulnerable, shy teen gets help to develop and discover her strength McLaren are the only team to have won the 'Triple Crown' of the Monaco Grand Prix, Indianapolis 500 and Le Mans and will try to add to their success when they return to endurance racing in 2027. REUTERS
Straits Times
13-07-2025
- Business
- Straits Times
Syria signs $800 million agreement with DP World to bolster ports infrastructure
Sign up now: Get ST's newsletters delivered to your inbox FILE PHOTO: The corporate logo of DP World is seen at Jebel Ali Port in Dubai, United Arab Emirates, December 27, 2018. Picture taken December 27, 2018. REUTERS/Hamad I Mohammed/File Photo Syria's General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE's DP World to bolster Syrian ports infrastructure and logistical services, Syrian state news agency SANA reported. The agreement follows on from a memorandum of understanding signed between the two sides in May. The deal with DP World, a subsidiary of United Arab Emirates investment company Dubai World, focuses on developing a multi-purpose terminal at Tartous on Syria's Mediterranean coast and cooperation in setting up industrial and free trade zones. The signing ceremony was attended by Syrian President Ahmed al-Sharaa. Last month, U.S. President Donald Trump signed an executive order terminating a U.S. sanctions programme on Syria, paving the way for an end to the country's isolation from the international financial system and for the rebuilding of its economy shattered by the civil war. The removal of U.S. sanctions will also clear the way for greater engagement by humanitarian organisations working in Syria, easing foreign investment and trade as the country rebuilds. REUTERS
The Star
11-07-2025
- Sport
- The Star
Cricket-Campher becomes first male cricketer to take five wickets in five balls
Cricket - ICC Men's T20 World Cup 2021 - Round 1 - Group A - Namibia v Ireland - Sharjah Cricket Stadium, Sharjah, United Arab Emirates - October 22, 2021 Ireland's Curtis Campher during the warm up before the match REUTERS/Hamad I Mohammed/File Photo (Reuters) - Ireland all-rounder Curtis Campher made history by becoming the first male player in professional cricket to claim five wickets in five balls, achieving the feat on Thursday. He did so while playing for Munster Reds during their Inter-Provincial T20 Trophy clash against the North-West Warriors in Dublin, with Munster ultimately winning the match by 100 runs. Campher began his spell by bowling Jared Wilson and trapping Graham Hume lbw to end the 12th over, then returned in the 14th to complete a hat-trick with the dismissal of Andy McBrine, before removing Robbie Millar and Josh Wilson to finish the streak. "I wasn't really sure what was happening," he told Cricket Ireland. "I just kind of stuck to my guns and kept it real simple and luckily it kind of went off." Zimbabwe women's all-rounder Kelis Ndhlovu was the first in achieving the rare feat, after she claimed five wickets in five consecutive balls during a domestic under-19 T20 match against Eagles Women in 2024. (Reporting by Tommy Lund in Gdansk; Editing by Himani Sarkar)
Straits Times
11-07-2025
- Sport
- Straits Times
Campher becomes first male cricketer to take five wickets in five balls
Sign up now: Get ST's newsletters delivered to your inbox Cricket - ICC Men's T20 World Cup 2021 - Round 1 - Group A - Namibia v Ireland - Sharjah Cricket Stadium, Sharjah, United Arab Emirates - October 22, 2021 Ireland's Curtis Campher during the warm up before the match REUTERS/Hamad I Mohammed/File Photo Ireland all-rounder Curtis Campher made history by becoming the first male player in professional cricket to claim five wickets in five balls, achieving the feat on Thursday. He did so while playing for Munster Reds during their Inter-Provincial T20 Trophy clash against the North-West Warriors in Dublin, with Munster ultimately winning the match by 100 runs. Campher began his spell by bowling Jared Wilson and trapping Graham Hume lbw to end the 12th over, then returned in the 14th to complete a hat-trick with the dismissal of Andy McBrine, before removing Robbie Millar and Josh Wilson to finish the streak. "I wasn't really sure what was happening," he told Cricket Ireland. "I just kind of stuck to my guns and kept it real simple and luckily it kind of went off." Zimbabwe women's all-rounder Kelis Ndhlovu was the first in achieving the rare feat, after she claimed five wickets in five consecutive balls during a domestic under-19 T20 match against Eagles Women in 2024. REUTERS
Economic Times
23-06-2025
- Business
- Economic Times
Iran US Airstrikes: Will war risk insurance premiums rise for vessels in Middle East? Here's insurance costs for ships passing through Gulf region as oil companies remove foreign staff from Iraq
FILE PHOTO: Oil tankers pass through the Strait of Hormuz, December 21, 2018. REUTERS/Hamad I Mohammed/File Photo Synopsis War risk insurance premiums for Gulf shipping have increased after US airstrikes on Iran. Oil firms BP, Eni, and TotalEnergies are evacuating foreign staff from Iraqi oilfields. Iraq's oil output remains stable. Chinese and Russian companies have not changed their operations. Costs for shipping are rising sharply. Insurance costs for ships passing through the Gulf region have increased after US strikes on Iran's nuclear sites. Oil companies are removing foreign staff from Iraq, but production remains steady. ADVERTISEMENT War risk insurance for vessels entering the Middle East Gulf has risen to 0.5%. Last week, the rate was between 0.2% and 0.3%. The increase followed US military action against Iranian nuclear facilities. Sources from the insurance industry confirmed this to Reuters and The premium rise affects the total cost of a seven-day journey through the Gulf. The premium is calculated based on the ship's value. The increase adds tens of thousands of dollars per day to the overall expense. Each ship is evaluated individually by underwriters, but 0.5% was a common rate as of Monday. Also Read: World War 3 begins? After Iran, Israel, US, Yemen, now Saudi Arabia, Qatar and Iraq get embroiled in conflict while Kuwait, Bahrain and the UAE close airspace. More nations may join either side soon. See what's happening now and who may be Iran's next target BP, Eni and TotalEnergies have begun removing foreign staff from oilfields in Iraq. The Basra Oil Company confirmed this action. These companies operate in different parts of Iraq's southern oilfields. Iraq shares a border with Iran, where tensions have grown after recent military evacuations, oil production in Iraq is stable. Exports from the southern oilfields remain at 3.32 million barrels per day. Two officials from Iraq's oil industry confirmed this. Basra Oil says the removal of foreign staff has not affected production levels so far. ADVERTISEMENT Also Read: NYC Mayor Race: Who is Zohran Mamdani and what is his connection with India? Here's why is he making headlines BP has pulled out foreign workers from the Rumaila field. Italy's Eni cut staff at the Zubair field from 260 to 98. Those who remain continue to work with local teams. A spokesperson for Eni called the move a precaution and said the company is watching the situation closely. ADVERTISEMENT TotalEnergies has evacuated 60% of its foreign workers. The company has not commented publicly. Basra Oil says production is not affected. Chinese-run oilfields like West Qurna/1, Siba, and Faihaa are operating without any staff reductions. Russian company Lukoil has also reported no disruptions. ADVERTISEMENT Why have insurance premiums for Gulf shipping increased? The premiums rose due to US strikes on Iran and concerns over shipping risks through the Strait of Hormuz. Is Iraq's oil production affected by staff evacuations? No, Iraq's oil output continues normally despite the temporary evacuation of some foreign personnel. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates. Iran US Airstrikes: Will war risk insurance premiums rise for vessels in Middle East? Here's insurance costs for ships passing through Gulf region as oil companies remove foreign staff from Iraq Iran US Airstrikes: Will war risk insurance premiums rise for vessels in Middle East? 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