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LONDON: Fenerbahce’s Jose Mourinho has left by mutual agreement, the Turkish club said on Friday, bringing an end to the Portuguese coach’s tenure in Istanbul two days after his side crashed out of the Champions League playoffs to Benfica. Another Turkish Super Lig side did the same when Besiktas sacked Ole Gunnar Solskjaer after their 1-0 loss to Lausanne due to which they crashed out of the UEFA Conference League 2-1 on aggregate in their qualification playoff on Thursday. Mourinho, 62, took charge of Fenerbahce in July 2024 after leaving AS Roma. A statement from the Istanbul club, chasing their…

India has submitted a bid to host the 2030 Commonwealth Games in Ahmedabad, hoping it will bolster its credentials to stage the 2036 Olympic Games, the Indian Olympic Association (IOA) said. An IOA delegation submitted the bid proposal at the Commonwealth Sport headquarters in London on Friday. “This is not just a bid to stage a sporting event — it is our commitment to the Commonwealth family to deliver Games that are athlete-centred, inclusive, sustainable, and future-facing,” IOA Executive Council member Harpal Singh said in a telephone call from London. “Our vision is to use this milestone not only to…

The global ID camp is part of FIFA’s efforts to build a 23-player squad for international friendly tournaments. Elaha Safdari was 17 and had just earned her maiden call-up as a goalkeeper for Afghanistan’s women’s football team when she was forced to flee Kabul during the Taliban takeover in 2021. Safdari was given chilling instructions to burn her kit and trophies, and erase her social media profile — anything that could link her to playing football. “Because it might put you at a high risk (with) the Taliban, because in Afghanistan, women cannot play football,” Safdari told Reuters, fighting back…

SHARJAH: Skipper Salman Agha hit an unbeaten half-century and fast bowler Haris Rauf grabbed four wickets as Pakistan upstaged Afghanistan by 39 runs in the Twenty20 International tri-series opener in Sharjah on Friday. Right-handed Salman hit a 36-ball 53 not out with three sixes and as many boundaries which lifted Pakistan to a solid 182-7 in their 20 overs. Haris took 4-31 while fellow pacer Shaheen Afridi claimed 2-21, while spinners Mohammad Nawaz (2-23) and Sufiyan Muq­eem (2-25) dismissed Afghanistan for 143 in 19.5 overs before a noisy capacity 16,000 crowd at the Sharjah Cricket Stadium. Afghanistan matched Pakistan with…

Ben Shelton’s US Open campaign ended in tears on Friday after he withdrew mid-match with a shoulder injury he called the “worst pain” of his life, while milestone man Novak Djokovic battled through his own physical struggles to reach the fourth round. Canadian Open champion Shelton was locked in an entertaining contest with Frenchman Adrian Mannarino in the day’s opening match on Louis Armstrong Stadium when his tournament suddenly unravelled. “I just did something to my shoulder, I don’t know what it is. I’m in a lot of pain,” the American sixth seed told his father and coach Bryan during…

Phil Leo/Michael Denota/PM Images/GettyImages Selecting a low-cost fund with a certain kind of portfolio—such as U.S. stocks or taxable bonds—can be a time-consuming task. We make it easy in this fund-buying guide. Say you need a fund for your 401(k) or for the loose cash in your brokerage account. Morningstar offers 25,800 choices. Pawing through those is a daunting task. Use our shortcut. The Fund Finder cuts the menu down to 199 of what we call Best Buys. These funds have low annual expense ratios. The ones organized as mutuals have no sales loads. The ones that are exchange-traded have…

If the magnificent stocks at the top of the S&P 500 make you nervous, rearrange your portfolio. Indexitis: The nagging fear that too much of your net worth is invested in the S&P 500, and too much of that is invested in five exuberantly priced stocks. The affliction is becoming more common. The popular index has 28% of its value in Nvidia, Microsoft, Apple, Amazon and Meta Platforms (i.e., Facebook). This is twice the top-five concentration level the index has had historically. Herewith are five cures for indexitis, ranging from a modest tweak to your choice of stock index fund…

In 2000, internet darling Cisco was the world’s most valuable company. Today it’s worth half as much. AI juggernauts like Nvidia and Palantir are driving the tech-bloated S&P 500 today. Buyer beware. Atthe end of the 1990s, there was one narrative on every stock broker’s lips. The so-called world wide web would change everything about our way of life: the way we buy and sell goods, interact with friends, conduct research and advance our careers. It would be impossible to imagine life without it. That narrative has come true on a scale beyond what many imagined, but it might not…

Lisa Cook, governor of the US Federal Reserve. Photographer: Al Drago/Bloomberg© 2024 Bloomberg Finance LP President Donald Trump announced late Monday that he was firing Federal Reserve Governor Lisa Cook, a Senate-confirmed appointee. This unprecedented action, citing unproven allegations of mortgage fraud, represents a direct undermining of the Federal Reserve’s long-cherished independence—a principle essential for managing the U.S. economy without political interference. Now, investors are left grappling with the implications of this escalation, which could erode trust in America’s financial bedrock and exacerbate economic stagnation amid soaring deficits and national debt. This firing isn’t just about one governor; it’s a…

Skipper Salman Agha hit an unbeaten half-century and fast bowler Haris Rauf grabbed four wickets as Pakistan upstaged Afghanistan by 39 runs in the tri-series opener in Sharjah on Friday. Agha hit a 36-ball 53 not out with three sixes and as many boundaries, which lifted Pakistan to 182-7 in their 20 overs. Pacers Rauf took 4-31 and Shaheen Afridi 2-21, while spinners Mohammad Nawaz (2-23) and Sufiyan Muqeem (2-25) dismissed Afghanistan for 143 in 19.5 overs before a noisy capacity 16,000 crowd at the Sharjah stadium. Afghanistan matched Pakistan with opener Rahmanullah Gurbaz, 27-ball 38 with a six and…