Roger Federer and Pete Sampras played in an exhibition tour in November last year.
Roger Federer and Pete Sampras played in an exhibition tour in November last year.

Federer to focus on grand slams



BASEL // Roger Federer will cut exhibition matches from his 2009 schedule as he pursues Pete Sampras's record of 14 grand slam singles titles. Federer faced Sampras in a three-match series across Asia a year ago and again in New York City last March. Federer's agent, Tony Godsick, said such commitments won't be repeated next year. "Roger will only play a schedule that works for him physically," Godsick said after Federer won his hometown Swiss Indoors tournament. "During the next couple of years you will see him put his seat belt on and focus for the big ones, the grand slams and big tournaments."

Federer is within sight of history with 13 slams after a fifth consecutive US Open victory last month. That Flushing Meadows win was defined as a defiant comeback in a year when Federer fell sick with mononucleosis, was beaten by players outside the top 10 and lost his No 1 ranking to Rafael Nadal after a record reign of 237 weeks. "It was tough for him when people were writing him off," said Godsick.

Godsick dismissed the idea that the 27-year-old Swiss is old in tennis terms, but says Federer is entering a new phase after his rise to the top and multiple seasons of domination. "I think it is the third stage of his career, but it is just the beginning of the third stage," Godsick said. Federer is already nursing his body after his usual training calendar was wrecked this season by illness and the timing of the Beijing Olympics in August.

He skipped a tournament in Stockholm, Sweden, earlier this month and has yet to commit to the Paris Masters beginning Monday. His agent believes Federer must have time to build up to the Slams in '09. "He is not going to overplay next year," Godsick said. "He is just going to try to make sure he peaks for the tournaments that mean the most to him." The exhibition tour visited Seoul, Kuala Lumpur and Macau inside five days, then drew a sold-out audience of 19,690 to Madison Square Garden, "The Sampras thing was fun," Godsick said.

* AP

SPECS
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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
In numbers

1,000 tonnes of waste collected daily:

  • 800 tonnes converted into alternative fuel
  • 150 tonnes to landfill
  • 50 tonnes sold as scrap metal

800 tonnes of RDF replaces 500 tonnes of coal

Two conveyor lines treat more than 350,000 tonnes of waste per year

25 staff on site

 

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
COMPANY%20PROFILE
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How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.

Farasan Boat: 128km Away from Anchorage

Director: Mowaffaq Alobaid 

Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani

Rating: 4/5

THE BIO

Bio Box

Role Model: Sheikh Zayed, God bless his soul

Favorite book: Zayed Biography of the leader

Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet

Favorite food: seafood

Favorite place to travel: Lebanon

Favorite movie: Braveheart