Liverpool edge to within a point of Manchester City as Premier League race hots up


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Liverpool struck twice in eight second-half minutes to win at Arsenal and move to within a point of Manchester City at the top of the Premier League.

With City held to a goalless draw at Crystal Palace on Monday night, Liverpool took full advantage, winning their game in hand 2-0 as Diogo Jota and Roberto Firmino scored the goals in their ninth successive victory..

The pair have history against the Gunners – this was Jota’s seventh goal in as many appearances against Arsenal for Liverpool, while Firmino now has nine goals against them, his best return against a single opponent.

The meeting between City and Liverpool at the Etihad Stadium on April 10 will now go a huge way to deciding whether Pep Guardiola’s side will retain their crown or the Reds make it two titles in three years.

Arsenal remain favourites for a top-four finish despite losing here and they held their own until Jota broke the deadlock after 54 minutes.

Mikel Arteta conceded on the eve of the game that his team are not quite at the level of those at the top of the Premier League and being clinical in front of goal appears to be one of the contributing factors, if these 90 minutes were anything to go by.

Early Liverpool pressure saw Virgil Van Dijk force a low save out of Aaron Ramsdale with a free header from a corner.

With rain pouring down it was a blood and thunder contest but the first half was one of few chances, Gabriel Martinelli and Thomas Partey shining for the hosts.

Liverpool’s forwards were getting very little out of the Arsenal backline but Sadio Mane missed a presentable chance to open the scoring on the stroke of half-time.

He also had the ball in the net soon after the interval but the celebrations were cut short as he was correctly adjudged offside.

While Arsenal had created little, they had a short spell of dominance which should a yielded a better return, Alisson Becker making a fine save from Martin Odegaard after an errant Thiago Alcantara back-pass had been collected by Alexandre Lacazette.

Bukayo Saka forced Alisson into another save from the resulting corner, with Jurgen Klopp seeing enough to ready Mohamed Salah and Firmino.

Before they had a chance to enter the fray, however, Liverpool hit the front as Thiago’s slide-rule pass found Jota, who finished low past Ramsdale – the Arsenal goalkeeper no doubt disappointed to be beaten at his near post.

The two substitutions still took place, Jota one of those to be replaced immediately after breaking the deadlock, but Klopp’s decision was soon vindicated.

Firmino cut a ball across the box which ultimately saw Salah denied by a combination of Gabriel Magalhaes and Ben White but Liverpool kept the pressure on and Firmino’s smart finish from Andy Robertson’s cross doubled the lead.

Arsenal had no response to the double as Arteta introduced Emile Smith Rowe, Nicolas Pepe and Eddie Nketiah from the bench.

Martinelli nearly capped a fine personal display with a late goal but bent a shot just inches wide of Alisson’s post as Liverpool saw out the closing stages to move up on the shoulder of City.

ESSENTIALS

The flights

Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.

The hotels

Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.

The tours

A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages. 

Brief scores:

Toss: Northern Warriors, elected to field first

Bengal Tigers 130-1 (10 ov)

Roy 60 not out, Rutherford 47 not out

Northern Warriors 94-7 (10 ov)

Simmons 44; Yamin 4-4

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How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

NBA Finals results

Game 1: Warriors 124, Cavaliers 114
Game 2: Warriors 122, Cavaliers 103
Game 3: Cavaliers 102, Warriors 110
Game 4: In Cleveland, Sunday (Monday morning UAE)

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
UAE currency: the story behind the money in your pockets
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UAE currency: the story behind the money in your pockets
Mane points for safe home colouring
  • Natural and grey hair takes colour differently than chemically treated hair
  • Taking hair from a dark to a light colour should involve a slow transition through warmer stages of colour
  • When choosing a colour (especially a lighter tone), allow for a natural lift of warmth
  • Most modern hair colours are technique-based, in that they require a confident hand and taught skills
  • If you decide to be brave and go for it, seek professional advice and use a semi-permanent colour
Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

Updated: March 16, 2022, 10:59 PM`