BUFFALO, New York // Andrei Markov had a goal and four assists and the Montreal Canadiens beat the Buffalo Sabres 7-2 on Friday to run its season-opening winning streak to eight games.
The Canadiens are two victories away from matching the NHL record set by the Toronto Maple Leafs in 1993-94 and matched by the Sabres in 2006-07.
Brendan Gallagher and Dale Weise each scored twice, and Max Pacioretty and Torrey Mitchell also scored. Mike Condon made 34 saves, and P.K. Subban and Tomas Plekanec each had three assists.
Matt Moulson and Ryan O’Reilly scored for Buffalo, and Cody Franson had two assists. Chad Johnson allowed all seven goals.
Montreal opened the scoring with 5:25 left in the first period. Subban and Weise worked a 2-on-1 against Jake McCabe that ended with Weise’s one-timer past Johnson.
Johnson gave up a soft goal 45 seconds into the second, leaving the post open on a rebound after spilling Gallagher’s backhander back to the shooter.
The Sabres got on the board off a no-look backhand pass from Sam Reinhart. He was gliding past the goal line when he dropped the puck to Moulson for a hard snap shot past Condon.
Buffalo tied it 6 minutes later, with Franson navigating a diving shot-blocker and sliding the puck to O’Reilly for a one-timer that beat Condon low.
Montreal reclaimed the lead when Mitchell, a former Buffalo player, redirected Subban’s slap shot past Johnson with 6:29 left in the second. Markov needed 3 seconds of Montreal’s first power play to send a slap shot from the point past Johnson to make it 4-2 with 1:38 left in the period.
Gallagher added a power-play goal off a rebound 27 seconds into the third. Pacioretty picked up his goal on a low shot from the slot midway through the period, and Weise deflected Markov’s point shot home to complete the scoring with 4:37 left.
David Pastrnak broke a tie late in the second period and the Boston Bruins beat the New York Islanders 5-3.
Brett Connolly, Joonas Kemppainen and Ryan Spooner also scored for Boston. Jonas Gustavsson, starting in place of the struggling Tuukka Rask, finished with 23 saves to improve to 2-0.
David Krejci had an empty-netter with 2:25 remaining for his league-leading 12th point (five goals, seven assists), giving him a point in seven straight games.
Josh Bailey, Casey Cizikas Thomas Hickey scored for the Islanders. Jaroslav Halak stopped 21 shots while taking his first loss after winning his first two starts.
Ondrej Palat scored 36 seconds into overtime and the Tampa Bay Lightning beat the Winnipeg Jets 4-3.
Palat scored off a 3-on-1 rush, converting a tap in after a tic-tac-toe play with Steven Stamkos and Victor Hedman.
Braydon Coburn, Cedric Paquette and Vladislav Namestnikov also scored for the Lightning.
Nikolaj Ehlers, Drew Stafford and Blake Wheeler had goals for the Jets.
Evgeny Kuznetsov had three goals and two assists to help the Washington Capitals beat the Edmonton Oilers 7-4 for its fifth straight victory.
Kuznetsov opened the scoring on a backhander at 3:05 of the first period, gave Washington a 4-3 lead with another backhander at 6:17 of the second, and completed his first career hat trick with a snap shot on a power play with 3:01 left in the third period.
Also Friday, the Calgary Flames beat the Detroit Red Wings 3-2 in overtime, the Boston Bruins topped the New York Islanders 5-3 and the Los Angeles Kings shut out the Carolina Hurricanes 3-0.
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The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
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UAE currency: the story behind the money in your pockets
TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
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THE SPECS
Engine: 6.75-litre twin-turbocharged V12 petrol engine
Power: 420kW
Torque: 780Nm
Transmission: 8-speed automatic
Price: From Dh1,350,000
On sale: Available for preorder now
The specs
Engine: 3-litre twin-turbo V6
Power: 400hp
Torque: 475Nm
Transmission: 9-speed automatic
Price: From Dh215,900
On sale: Now
