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Reuters
05-05-2025
- Sport
- Reuters
Rangers condemn shotgun banner during Old Firm derby
May 5 (Reuters) - Rangers have condemned a banner displayed by their supporters during Sunday's Scottish Premiership 1-1 draw with rivals Celtic at the Ibrox Stadium that appeared to show former manager Graeme Souness holding a double-barrel shotgun. A banner, reading "Take aim against the rebel scum" was part of the tifo display held up by a large section of the crowd in the Copland Stand before kick-off, unfurled as players emerged from the Ibrox tunnel. The image was based on a real photograph of Souness taken in 1982 ahead of Scotland's World Cup match against New Zealand in Spain. Rangers also condemned a supporter who threw a glass bottle onto the pitch during the derby, which landed near Celtic goalkeeper Viljami Sinisal. "This behaviour has no place at our stadium. Steps have already been taken to identify the person responsible and the club will take the strongest possible action once their identity is confirmed," a Rangers spokesperson said on Sunday. "We also acknowledge that the tifo displayed prior to kick-off crossed a line and was unacceptable. Our approach to supporter displays has always been built on trust, with the responsibility placed on groups to exercise good judgement. "We will reflect on how these displays are managed and engage with supporter groups to ensure the right balance of trust, responsibility and oversight is maintained moving forward." A police spokesperson told BBC Scotland that they are aware of the banner and enquiries are ongoing. In March, UEFA fined Rangers 30,000 euros ($34,029)and issued a suspended partial stadium closure over a banner displayed during their Europa League match against Fenerbahce. The banner, which read "Keep woke foreign ideologies out. Defend Europe," was deemed "racist and/or discriminatory" by UEFA. ($1 = 0.8816 euros) Our Standards: The Thomson Reuters Trust Principles., opens new tab
Reuters
04-05-2025
- Sport
- Reuters
Chennai's Mhatre makes his mark amid IPL's Suryavanshi-mania
NEW DELHI, May 4 (Reuters) - The euphoria around the 14-year-old Vaibhav Suryavanshi has not died down yet and India appear to have unearthed another teenage batting sensation in Chennai Super Kings opener Ayush Mhatre. Rajasthan Royals batter Suryavanshi smashed a 35-ball hundred in an Indian Premier League match against Gujarat Titans to become the youngest centurion in men's T20 cricket drawing rich praise from the game's greats including Sachin Tendulkar. Mhatre, 17, fell short of a hundred against Royal Challengers Bengaluru on Saturday but Chennai head coach Stephen Fleming cannot stop gushing after the opener's 94 off 48 balls. "He's got talent. He's got hand-eye coordination. He's got a beautiful, silky swing. He's aggressive. Everything that we like about a modern-day T20 player," Fleming told reporters after Bengaluru beat Chennai by two runs. "To me, it's the temperament and being able to execute in a trial and then on the big stage. That's what I'm most impressed with." "It's one thing to have a lot of shots, but to be able to execute that game plan on a big stage in front of some of the biggest players in the world is what I admire." Mhatre came into the side only after an elbow injury cut short skipper Ruturaj Gaikwad's season and has scored 163 in four innings with a strike rate of 185. Former New Zealand captain Fleming marvelled at the skill-sets of both Suryavanshi and Mhatre. "It's extraordinary to watch that fearless approach. But you've got to have skills as well." "It doesn't matter whether you're 14, 18, 21. The innings that we've seen being played, particularly by these two youngsters, is just top class. "It shows maturity beyond their years, but it shows a skill set that is quite daunting, I think, particularly for bowlers around the world. "I worry a little bit about the Under-19 opposition. They'll come up against two pretty handy openers when a World Cup comes around." Reporting by Amlan Chakraborty in New Delhi; editing by Michael Perry Our Standards: The Thomson Reuters Trust Principles., opens new tab
Reuters
02-05-2025
- Business
- Reuters
Hong Kong Q1 GDP expands 3.1% y/y, faster than forecast
Containers are seen inside a container terminal at Kwai Chung district in Hong Kong, China May 30, 2016. Picture taken May 30, 2016. REUTERS/Bobby Yip Purchase Licensing Rights, opens new tab HONG KONG, May 2 (Reuters) - Hong Kong's economy grew in the first quarter by 3.1% from a year earlier, official advance estimates showed on Friday, expanding for a ninth quarter. That was a faster rate than the mean forecast of 2.1% year-on-year growth by six economists in a Reuters poll. Hong Kong reported 2.4% economic growth in the final quarter of 2024, 1.9% growth in the third quarter, 3.1% growth in the second quarter and 2.8% growth in the first quarter. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. Our Standards: The Thomson Reuters Trust Principles., opens new tab
Reuters
02-05-2025
- Business
- Reuters
Japanese investors raise foreign stock holdings for sixth week on easing trade tensions
May 2 (Reuters) - Japanese investors raised their foreign stock holdings for a sixth straight week as their sustained appetite for overseas equities was further bolstered by signs that the U.S. and China were willing to ease trade tensions. The local investors also viewed last week's stronger yen as an opportunity to enhance their overseas asset positions. The yen reached a seven-month high of 139.86 per dollar before partially reversing its gains. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. Japanese investors allocated a net 133.8 billion yen ($920.85 million) to foreign equities last week, marking their sixth consecutive week of net purchases, according to data from Japan's Ministry of Finance. They also acquired a net 435.2 billion yen in long-term foreign bonds. The MSCI World Index (.MIWD00000PUS), opens new tab climbed to a five-week high of 840.47 on Thursday, supported by progress in U.S.-China tariff negotiations and strong earnings reports from major tech firms. Meanwhile, Japanese equities attracted a net 278.3 billion yen in foreign inflows, the smallest weekly cross-border investment in the past four weeks. Foreign interest in Japanese bonds also cooled, with inflows into long-term Japanese bonds falling to 60 billion yen last week, down sharply from approximately 1 trillion yen in net purchases the previous week. ($1 = 145.3000 yen) Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Editing by Janane Venkatraman Our Standards: The Thomson Reuters Trust Principles., opens new tab
Reuters
29-04-2025
- Business
- Reuters
Koch Industries to exit oil, fuel trade
NEW YORK, April 29 (Reuters) - U.S. industrial conglomerate Koch Industries' Minerals & Trading unit (KM&T) is exiting the crude and refined products business to focus on more consumer-facing products, a spokesperson for KM&T said on Tuesday. Reuters reported in November that KM&T had parted ways with a number of employees across its global oil trading business, citing sources familiar with the matter. At the time, Koch had told employees it would share more information on the future of KM&T at a later time. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. "Koch Minerals & Trading is exiting crude and refined products trading to focus on our other, more customer-oriented trading activities," a spokesperson for KM&T said on Tuesday. KM&T trades over 75 different commodities in more than 50 countries and also invests in other businesses, according to Koch's website. Among the other commodities it trades are natural gas and industrial metals. Reporting by Shariq Khan in New York; Editing by Sonali Paul Our Standards: The Thomson Reuters Trust Principles., opens new tab
