Latest news with #WinterOlympic
Time of India
2 hours ago
- Sport
- Time of India
Olympic heroine dies young: Laura Dahlmeier passes away in Pakistan - what happened to her?
Olympic Star Laura Dahlmeier Dies During Tragic Mountain Accident in Pakistan Live Events Dahlmeier's Legendary Biathlon Career A Passion for the Mountains After Retirement FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Laura Dahlmeier, an Olympic and world champion in biathlon, has died at the age of 31 after a tragic mountaineering accident in Pakistan, as per a report. Her management company confirmed the news on Wednesday, as reported by was on a climbing expedition in the Karakoram mountains, one of the most remote and rugged ranges in the world, when she suffered severe injuries in an accident, as per the report. On July 28, around midday, she was caught in a sudden rockfall at an altitude of approximately 5,700 metres, and despite being an experienced and certified mountaineer, she sustained fatal injuries, according to the climbing partner, who was with her at the time, immediately called for help, as per the report. Rescue teams, both local and international, were dispatched, but the remote terrain and falling rocks made the mission extremely difficult, as per the report. A rescue helicopter was only able to reach the area the following morning, on July 29, but rescue workers then struggled to reach the former athlete due to the risk of falling rocks, as per the rescue workers then confirmed that Dahlmeier had passed on Wednesday, 30 July, as per the READ: Trump could pardon Diddy, Bad Boy boss may get full reprieve before sentencing She was a two-time Winter Olympic champion and seven-time world champion in biathlon, as reported by After being awarded two gold medals at PyeongChang 2018, she became the first female biathlete in history to win sprint and pursuit events at the same Olympic Games, according to the 2019, when she was 25 years old, Dahlmeier announced that she was retiring from competitive biathlon, since then, she had switched focus to mountaineering, a lifelong passion, as per the weeks before her tragic accident and death, she managed to climb the Great Trango Tower (6,287 m), and she was planning to climb Laila Peak next, as reported by READ: iOS 18.6 is live — change these 10 hidden settings now to supercharge your iPhone She died in a tragic mountaineering accident in Pakistan's Karakoram mountains after being caught in a rockfall, as per the was climbing near 5,700 metres in the Karakoram range.
West Australian
2 days ago
- Sport
- West Australian
AC Milan in WA: Visiting coach gives thumbs-up to proposed Serie A game featuring Italian giants in Perth
AC Milan coach Massimiliano Allegri says he would be proud to be part of a proposed world-first Serie A game featuring the Italian giants in Perth. It came as the State Government vowed to continue aggressively pursuing high-profile matches to reinforce Perth's reputation as a destination for major sporting events. Seven-time European champions Milan, one of the world's biggest sporting clubs, will play a friendly against Perth Glory at HBF Park. But Thursday night's match will be played against a backdrop of intrigue surrounding a proposal which would see Perth host a historic game which could have global ramifications for the sport. Earlier this month, the Italian Football Federation approved a request by the league for Milan's Serie A clash with Como to be played in Perth in February. With Milan's famed San Siro Stadium out of action for a month early next year as it gets ready to host the 2026 Winter Olympic opening ceremony, the club has had to look elsewhere for a venue — and Optus Stadium could be their destination. If the match goes ahead, it will mark the first time a major European league has played a competitive league game on foreign soil. Speaking via an interpreter, Allegri, who is set for his first season back with the club he won Serie A with in 2011, said he would be thrilled to be part of such an event. 'I'd be very proud, if all the other sanctioning comes through and to be a part of such a historic event, it will change the landscape of world football,' he said. However, the plan still requires layers of approvals from numerous parties, including world governing body FIFA, European governing body UEFA, the Asian Football Confederation and Football Australia. 'This is still something very much a work in progress, but the aspiration to have such a game is very much something we're pursuing,' said deputy premier Rita Saffioti. 'There are a number of hurdles, and that includes of course, a tick off from many organisations. We have a very big aspiration, it would be the first time in the world, but there's a lot of hurdles. 'I'm very much working with everyone involved, how we can do our best to give it our best shot, but it's a work in progress. If Perth's proposed Serie A game is greenlit by the necessary authorities, it could open the floodgates for rival leagues to investigate playing matches abroad. FIFA has previously been against the idea of allowing clubs to move league fixtures internationally, but last year created a working group to review its policy about domestic games abroad. Spain's La Liga publicly floated the idea of playing a match between heavyweights Barcelona and Atletico Madrid in Miami in 2024, before delaying their plan and promising to revisit it. The Supercoppa Italiana, an annual cup tournament involving the previous season's Serie A and Coppa Italia winners and runners-up, currently takes place in Saudi Arabia. If approved, the proposed Serie A match in Perth would mark AC Milan's third visit to WA in less than 18 months, following their post-season friendly against fellow Italian giants AS Roma last May. The clash with Roma drew 56,522 fans to Optus Stadium, but importantly also allowed the State Government to establish a strong relationship with Milan. 'They really enjoyed their time here last year, and in particular, their ability to move around and see parts of our city in a safe way,' Saffioti said. 'Sometimes we undersell what we have in Western Australia; they're staying here in this incredible hotel (Crown Towers), they can basically walk around the river in a very safe way. 'Their training facility is just 15 minutes away and Sam Kerr (Football) Centre is one of the newest football centres in the nation. 'Getting to HBF Park is not a long way away. It's another 10-15 minutes, we offer some really good have a lot of really great sporting infrastructure,'' she said.
Yahoo
4 days ago
- Business
- Yahoo
EU-US Trade Agreement Now Hinges Mostly on Trump's Verdict
(Bloomberg) -- After months of intensive talks and shuttle diplomacy, a trade agreement between the European Union and the US now rests mostly on Donald Trump. Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US The High Costs of Trump's 'Big Beautiful' New Car Loan Deduction Can This Bridge Ease the Troubled US-Canadian Relationship? Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom Trump Administration Sues NYC Over Sanctuary City Policy European Commission President Ursula von der Leyen will travel to Scotland to meet the US president on Sunday, as the two sides aim to conclude a deal ahead of Friday's deadline, at which point 30% tariffs on the bloc's exports to the US are otherwise due to kick in. 'Intensive negotiations at technical and political have been ongoing,' said Paula Pinho, von der Leyen's spokesperson. 'Leaders will now take stock and consider the scope for a balanced outcome that provides stability and predictability for businesses and consumers on both sides of the Atlantic.' EU officials have repeatedly cautioned that a deal ultimately rests with Trump, making the final outcome difficult to predict. The US president recently negotiated with Japan and appeared to change certain final terms on the fly before a deal was eventually agreed earlier this week. The EU and US have been zeroing in on an agreement over the past week that would see the EU face 15% tariffs on most of its trade with the US. Limited exemptions are expected for aviation, some medical devices and generic medicines, several spirits, and a specific set of manufacturing equipment that the US needs, Bloomberg previously reported. Steel and aluminum imports would likely benefit from a quota under the arrangements under discussion, but above that threshold they would face a higher tariff of 50%. Alongside a universal levy, the US president has hit cars and auto parts with a 25% levy, and steel and aluminum with double that. He's also threatened to target pharmaceuticals and semiconductors with new duties as early as next month, and recently announced a 50% tariff on copper. The EU is expecting the same 15% ceiling on some sectors that could be the target of future tariffs, including pharmaceuticals, according to people familiar with the matter. But that's one of the key points where Trump's position will be crucial to a deal being sealed, the people added. 'We'll see if we make a deal,' Trump said as he arrived in Scotland on Friday. 'Ursula will be here, highly respected woman. So we look forward to that.' Trump reiterated that he believed there's 'a 50-50 chance' of a deal with the EU, saying there were sticking points on 'maybe 20 different things' that he didn't want to detail publicly. 'That would be actually the biggest deal of them all if we make it,' the president said. Trump gave similar chances of an agreement with European negotiators before leaving Washington, but also said the EU had a 'pretty good chance' of reaching an agreement. The US president announced tariffs on almost all US trading partners in April, declaring his intent to bring back domestic manufacturing, pay for a massive tax-cut extension, and stop the rest of the world from — as Trump has characterized it — taking advantage of the US. In addition to levies, any agreement would cover non-tariff barriers, cooperation on economic security matters, and strategic purchases by the EU in sectors such as energy and artificial intelligence chips, Bloomberg previously reported. The bloc has also offered to remove tariffs on many industrial goods and non-sensitive agricultural imports. The terms of any initial deal, which is likely to take the form of a short joint statement if agreed upon, would need to be approved by member states, some of the people said. The statement would be seen as a stepping stone toward more detailed talks. Because of the ongoing uncertainty, the EU has in parallel sketched out countermeasures in the event of a no-deal scenario. That would see it quickly hit American exports with up to 30% tariffs on some €100 billion ($117 billion) worth of goods — including Boeing Co. aircraft, US-made cars and bourbon whiskey — in the event of a no-deal, and if Trump carries through with his threat to impose that rate on most of the bloc's exports after Aug. 1 or in future. The package also includes some export restrictions on scrap metals. In a no-deal scenario, the bloc is also prepared to move forward with its anti-coercion instrument, a potent trade tool that would eventually allow it to target other areas such as market access, services and restrictions on public contracts, provided a majority of member states backs its use. While Trump didn't explicitly link negotiations to non-trade matters on Friday, he did suggest that he planned to raise concerns over migration flows. Trump has imposed strict anti-immigration policies since returning to office, carrying out a mass deportation effort of those in the US illegally while also narrowing pathways to legally move to the US. 'You got to stop this horrible invasion that's happening to Europe, many countries in Europe,' Trump said, adding that he believed 'this immigration is killing Europe.' --With assistance from Josh Wingrove. Burning Man Is Burning Through Cash Confessions of a Laptop Farmer: How an American Helped North Korea's Wild Remote Worker Scheme It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Elon Musk's Empire Is Creaking Under the Strain of Elon Musk A Rebel Army Is Building a Rare-Earth Empire on China's Border ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Trump Says He's Not Focused on Talks With Canada, Tariffs Might Stay
(Bloomberg) -- US President Donald Trump said trade talks with Canada are not a focus for his administration right now, and instead of negotiating a deal he may decide to just leave import taxes in place. Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US The High Costs of Trump's 'Big Beautiful' New Car Loan Deduction Can This Bridge Ease the Troubled US-Canadian Relationship? Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom Trump Administration Sues NYC Over Sanctuary City Policy 'We haven't really had a lot of luck with Canada,' Trump told reporters Friday morning. 'I think Canada could be one where they'll just pay tariffs, not really a negotiation,' he added. 'We don't have a deal with Canada. We haven't been focused on that.' The Canadian dollar had little immediate reaction to the remarks, which were similar to previous comments by the president. It was down 0.6% on the day to C$1.3717 per US dollar as of 1:06 p.m. in New York. The president's statements come a day after Canadian officials held a series of meetings in Washington with Republican senators. Commerce Secretary Howard Lutnick also met Wednesday night with Dominic LeBlanc, the Canadian minister in charge of US trade. Prime Minister Mark Carney has also lowered expectations recently of reaching a deal with Trump by Aug. 1, saying Canada won't sign a bad agreement just to get one done. Canadian officials are under less pressure to get a trade deal immediately because most products are currently exempt from US tariffs if they're shipped under the rules of the US-Mexico-Canada Agreement, or USMCA, the pact Trump signed in his first term. However, Trump has imposed steep new taxes on imports of Canadian steel, aluminum and autos, and Carney's team has focused on trying to get those eliminated or reduced. 'I think it is clear that the US is focused on some of the larger deals it would like to get done, for example the EU and India,' said David Adams, chief executive officer of Global Automakers of Canada, which represents two Japanese companies that build vehicles in Canada, Toyota Motor Corp. and Honda Motor Co., as well as other automakers such as BMW. But Adams lambasted the Trump administration's recent agreements with Japan and UK, which would give an advantage to cars and trucks assembled in those countries versus certain Canadian- or Mexican-made vehicles. 'It is somewhat unconscionable that the UK and Japan would have lower tariff rates applied to them than the US free trade agreement partners whose vehicles have at least 50% US content in them,' he said in an email. Honda and Toyota combined represent the majority of Canada's vehicle production. The US and Canada have one of the world's largest bilateral trading relationships. The US imported about $477 billion of goods and services from Canada last year and exported $441 billion to Canada. --With assistance from Mathieu Dion. (Updates with comments from Global Automakers CEO, beginning in the ninth paragraph.) Burning Man Is Burning Through Cash Confessions of a Laptop Farmer: How an American Helped North Korea's Wild Remote Worker Scheme It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Elon Musk's Empire Is Creaking Under the Strain of Elon Musk A Rebel Army Is Building a Rare-Earth Empire on China's Border ©2025 Bloomberg L.P. Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Meme-Stock Roar Fades on Wall Street as Retail Finds New Thrills
(Bloomberg) — It was once a symbol of rebellion against the well-heeled Wall Street establishment. Today, it's just another day in markets. Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US The High Costs of Trump's 'Big Beautiful' New Car Loan Deduction Can This Bridge Ease the Troubled US-Canadian Relationship? Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom Trump Administration Sues NYC Over Sanctuary City Policy This week proved the point. Opendoor surged 43% in a single day. Krispy Kreme rallied 39% in a matter of hours. GoPro briefly spiked 73%. Reddit message boards lit up once again with rocket emojis and call-option bravado. Yet it wasn't the magnitude of the surges that mattered — but the indifference they met. Customary warnings about speculative excess fell on deaf ears. What once felt seismic now feels like a normal part of daily trading — another episode in a US financial system where bursts of retail speculation are routine, expected, and largely unremarkable. By the end of the week, with the quick rallies faded, the broader market ended with modest moves after a record-setting run. Meanwhile, crypto — once cast as the financial resistance — continued its steady march into the mainstream. A new blockchain-based project involving the likes of Bank of New York Mellon Corp. and Goldman Sachs Group Inc. was announced. Crypto funds posted their biggest four-week cumulative inflow ever. Michael Saylor's Strategy clinched another $2.8 billion in capital markets to fund additional Bitcoin buying. Taken together, the week offered a broader lesson: retail-driven speculative behavior no longer signals generational angst or post-pandemic distortion. It has instead become a settled feature of the current cycle. Short-dated options are part of the retail toolkit, trading platforms span everything from sports betting to complex stock bets, and manic episodes rarely require justification to take hold. Peter Atwater, an adjunct professor at the College of William & Mary who studies retail investors, said the current wave of activity reflects a shift in both market sentiment and investment toolkit. Meme stocks trading, he says, has lost its sense of novelty — and that's precisely the point. 'We've normalized memeing,' he said. 'There's a yawn to it now.' In Atwater's view, the most aggressive traders have already moved on to riskier frontiers – digital tokens, leveraged ETFs, prediction markets — while meme stocks have become more of a cultural rerun. 'It's like 30-year-olds dancing to music 20-year-olds used to party to,' he said. That meme stocks can rip without stimulus checks, lockdowns or zero rates isn't especially surprising anymore. It is, in its own way, a marker of the moment: everyday speculation, embedded in the architecture of modern markets. Contracts that expire within 24 hours made up a record 62% of the S&P 500's total options so far this quarter, according to data compiled by Cboe Global Markets Inc., with more than half of the activity being driven by retail trading. 'This generation is far savvier about options and market structure,' said Amy Wu Silverman, head of derivatives strategy at RBC Capital Markets. 'While my generation was perhaps taught to 'buy a house' this one knows to 'buy the dip.'' It's not happening in a vacuum. This week earnings season offered few surprises. Tariff deadlines slipped again. Noise from the White House blurred into the investment backdrop. The S&P 500 climbed 1.5% on the week and closed at a record high. And in the end, a group of volatile stocks became yet another playground where regular investors aimed to quickly turn a profit, often by cornering short sellers or leveraging options. Opendoor Technologies Inc., capped a six-day winning streak with a 43% pop on Monday. The following days saw stocks with high short interest such as Kohl's Corp., GoPro Inc., Krispy Kreme Inc. and Beyond Meat Inc. surge intraday then pare into the close. Competition for gambling dollars is more brisk than it used to be. Since the post-Liberation Day selloff, a Goldman Sachs basket of the most shorted stocks has jumped more than 60%. In credit, CCCs, the riskiest tier of the junk bond universe, are on track to rack up a seventh week of gains. Crypto funds took in $12.2 billion in the past four weeks, their biggest cumulative inflow for such period, according to Bank of America Corp. citing EPFR Global data. US leveraged-loan market just had one of its busiest weeks ever with junk-rated companies rushing to reprice their borrowings multiple times. And while the latest frenzy was reminiscent of 2021's pandemic-era burst, there were a few key differences. This week's action was fleeting, lasting one or two trading days before petering out. Concerted campaigns in the options market played a smaller role. More than half of the top 100 stocks in the S&P 500 index were trading with inverted one-month call skew in 2021, a sign of bullish intent, according to Cboe. This week it got only as high as 21% for the group. 'The market makers and institutions have really adjusted to this phenomenon,' said Garrett DeSimone, head quant at OptionMetrics. They're 'able to hedge their risk and they know how to price these options in across these scenarios,' he said. If it signaled anything, enthusiasm for memes is more evidence that an ever-more-empowered retail cadre is a fact of Wall Street life that isn't going anywhere, at least not soon. 'I don't think it's the beginning of a new trend, but it is very interesting to watch because it speaks that the retail investor really wants to be involved in this market,' said Jay Woods, chief global strategist at Freedom Capital Markets. 'This is bullish. This is not bearish. This is not significant of a top.' Burning Man Is Burning Through Cash Confessions of a Laptop Farmer: How an American Helped North Korea's Wild Remote Worker Scheme It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Elon Musk's Empire Is Creaking Under the Strain of Elon Musk A Rebel Army Is Building a Rare-Earth Empire on China's Border ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
