Burnley's Chris McCann keeps a close check on Arsenal's Jack Wilshere during their League Cup encounter at Turf Moor.
Burnley's Chris McCann keeps a close check on Arsenal's Jack Wilshere during their League Cup encounter at Turf Moor.

Burnley claim another Premier League scalp



Burnley continued their giant killing run in this season's English League Cup with a 2-0 upset over Arsenal to reach the last four of the competition. Another Premier League club, Stoke City, also felt the bite of a Championship club as they fell 1-0 at home to Derby County. Burnley's shock win over the Gunners follows on from their penalty shoot-out triumph over Chelsea in the previous round, with Arsene Wenger's side, comprising mainly of youngsters and squad players, unable to find a way past a resolute Burnley outfit.

Kevin McDonald was the hero for the Clarets, who took his tally to three goals in four days for Owen Coyle's men with goals in each half to book the Lancashire Club's berth in the semi-finals. "All the cameras are here so they must've known there would be an upset here," the Burnley goalkeeper Brian Jensen said. "Anything can happen in football, so with a good draw and a little bit of luck, who knows how far we can go." McDonald gave Burnley a sixth-minute lead when he tapped in a rebound after the Arsenal goalkeeper Lukasz Fabianksi fumbled a dangerous cross from the right by the former Manchester United midfielder Chris Eagles. Fabianksi also saved a header from Mike Duff and a bouncing half-volley by Robbie Blake before McDonald made it 2-0 in the 57th minute.

"Obviously the best goals I've scored so far," said McDonald, who joined from Dundee in Scotland in June. Wenger banked on his starlets who had served him so well in the previous rounds, with the Danish striker Nicklas Bendtner and Mikael Silvestre the only recognised first-team stars in action, but they were unable inspire the likes of Kieran Gibbs and Paul Rodgers to break the deadlock, much to the joy of the Turf Moor faithful.

Burnley are joined by fellow Championship club Derby after Nathan Ellington dispatched an injury-time penalty kick at the Britannia Stadium. The referee awarded the kick for a handball in the area and Ellington hit the ball low down the middle past the diving Steve Simonsen in the Stoke goal. The other quarter-finals will be played tonight, when four-time winners Tottenham continue their defence of the trophy at Watford, and Manchester United host Blackburn Rovers. The draw for the semi-finals will be made on Saturday.

sluckings@thenational.ae *with AP

The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now

What is hepatitis?

Hepatitis is an inflammation of the liver, which can lead to fibrosis (scarring), cirrhosis or liver cancer.

There are 5 main hepatitis viruses, referred to as types A, B, C, D and E.

Hepatitis C is mostly transmitted through exposure to infective blood. This can occur through blood transfusions, contaminated injections during medical procedures, and through injecting drugs. Sexual transmission is also possible, but is much less common.

People infected with hepatitis C experience few or no symptoms, meaning they can live with the virus for years without being diagnosed. This delay in treatment can increase the risk of significant liver damage.

There are an estimated 170 million carriers of Hepatitis C around the world.

The virus causes approximately 399,000 fatalities each year worldwide, according to WHO.

 

The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

The%20specs
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COMPANY%20PROFILE
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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Is it worth it? We put cheesecake frap to the test.

The verdict from the nutritionists is damning. But does a cheesecake frappuccino taste good enough to merit the indulgence?

My advice is to only go there if you have unusually sweet tooth. I like my puddings, but this was a bit much even for me. The first hit is a winner, but it's downhill, slowly, from there. Each sip is a little less satisfying than the last, and maybe it was just all that sugar, but it isn't long before the rush is replaced by a creeping remorse. And half of the thing is still left.

The caramel version is far superior to the blueberry, too. If someone put a full caramel cheesecake through a liquidiser and scooped out the contents, it would probably taste something like this. Blueberry, on the other hand, has more of an artificial taste. It's like someone has tried to invent this drink in a lab, and while early results were promising, they're still in the testing phase. It isn't terrible, but something isn't quite right either.

So if you want an experience, go for a small, and opt for the caramel. But if you want a cheesecake, it's probably more satisfying, and not quite as unhealthy, to just order the real thing.

 

 

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.”

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Warlight,
Michael Ondaatje, Knopf 

COMPANY%20PROFILE
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EU's%2020-point%20migration%20plan
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THE DETAILS

Kaala

Dir: Pa. Ranjith

Starring: Rajinikanth, Huma Qureshi, Easwari Rao, Nana Patekar  

Rating: 1.5/5