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Swiatek cruises past Blinkova to reach first grass semifinal before Wimbledon

BAD HOMBURG, Germany: Top-ranked Iga Swiatek seems to be finding her groove on grass ahead of Wimbledon. Three times a French Open winner on clay and once a US Open winner on the New York hard courts, Swiatek played her first tour-level, grass-court quarterfinal on Thursday against Anna Blinkova at the Bad Homburg Open.
Business

Crude Oil Updates: Monthly Gain Expected as Supply Tightens

HOUSTON: Oil prices edged higher on Friday with Brent poised for its first monthly gain this year, as a big drawdown in US oil stocks outweighed concerns that fuel demand will be dented further by more interest rate hikes, according to Reuters. Brent crude futures for September delivery rose 16 cents or 0.2 percent to stand at $74.67 as of 7:05 a.m. Saudi time. The less-traded front month contract, which expires on Friday, was up 30 cents at $74.64. US West Texas Intermediate crude gained 8 cents or 0.1 percent to $69.95.
sport

Vingegaard Excited as Tour de France Approaches

BILBAO, SPAIN: Cycling’s Tour de France, with its caravan of teams, media, publicity and security, was visible everywhere around Bilbao on Thursday, as champion Jonas Vingegaard prepared to start the defense of his title. The 22 teams received a loud reception on their parade in downtown Bilbao. Starting in front of the landmark Guggenheim Museum with the tension tangible as riders warmed up beneath low hanging black clouds with the peculiar hills straddling the horizon. “I feel good, I feel ready, I’m where I want to be,” said Jumbo-Visma rider Vingegaard.
sport

Man United seals $69M deal for Chelsea midfielder Mason Mount

MANCHESTER, England: Manchester United have agreed to sign midfielder Mason Mount from Chelsea for £55 million ($69 million). The agreement was confirmed Thursday by two people with knowledge of the negotiations, which have been on-going since the end of the Premier League season. The people spoke on condition of anonymity because the deal has not been publicly announced. Mount will sign a five-year contract, with the option of a further 12 months.
Business

“Saudi Arabia and Slovenia Foster Trade Relations at WEF Event”

RIYADH: Trade and economic ties between Saudi Arabia and Slovenia are expected to improve following a meeting between the Kingdoms’ Minister of Economy and Planning Faisal Alibrahim and Slovenia’s Minister of Digital Transformation Emilija Stojmenova Duh.  The ministers held talks on the sidelines of the recent World Economic Forum summit in Tianjin, China. The pair discussed potential areas of cooperation between both countries and analyzed ways to address issues of common interest, according to the Saudi Press Agency.
sport

Smith dominates 200m backstroke, Weinstein stuns Ledecky in 200 freestyle

LOS ANGELES: Regan Smith, shaping up for a World Championships showdown with Australian Kaylee McKeown, clocked a blistering 2min 03.80sec to win the 200m backstroke at the US swimming championships on Wednesday. Smith, whose previous world record was broken by McKeown in March with a time of 2:03.14, showed again that her move to train with coach Bob Bowman — former mentor of Michael Phelps — — was paying off.
Business

Crude Oil Prices Rise on US Stock Draws, Amid Lingering Rate Hike Concerns

RIYADH: Oil prices edged higher on Wednesday after industry data showed a larger-than-expected drawdown of US inventories, signaling robust demand from the world’s biggest oil consumer, but the gains were limited by worries over interest rate hikes.   Brent crude futures rose 43 cents, or 0.60 percent, to $72.69 a barrel at 09:28 a.m. Saudi time, while US West Texas Intermediate futures gained 40 cents, or 0.59 percent, to $68.10 a barrel.  
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