Tag Archives: 2016

England to face Wales at Euro 2016

Wales and England will meet at Euro 2016 following being drawn with each other in Group B for subsequent summer’s finals in France.

Russia and Slovakia are the other teams in their group.

European Championship debutants Northern Ireland are in Group C with globe champions Germany, Poland and Ukraine.

The Republic of Ireland are up against best-ranked side Belgium, Italy and Sweden in Group E.

The 1st game of the tournament will be at the Stade de France amongst France and Romania on Friday, ten June at 20:00 BST.

Euro groups

Wales’ match against England is the second game for both countries in their group, in Lens on Thursday, 16 June.

Northern Ireland kick off their group against Poland on Sunday, 12 June and finish it against Germany nine days later.

The Republic face Zlatan Ibrahimovic’s Sweden in their 13 June opener and conclude their group games against Italy on 22 June.

This year’s tournament is the biggest European Championship ever, with 24 teams.

The top two from each and every group will go via to the last 16, even though the very best 4 third-placed teams also progress – which means only eight teams are eliminated in the group stages.

Much more to stick to.

Residence nations await Euro 2016 draw

Euro 2016 draw live from Paris

Watch on BBC Two at 17:15 GMT

Watch on BBC Red Button and on the web from 17:00 GMT

Listen on BBC Radio 5 live from 17:20 GMT

Reside text commentary on the BBC Sport site

The Euro 2016 draw requires spot in Paris on Saturday, when the property nations will discover out who they will meet at subsequent summer’s tournament in France.

England are joined in the draw by Wales and Northern Ireland – the former at a major tournament for the very first time in 58 years and the latter at a European Championship for the initial time.

Republic of Ireland will also feature soon after they certified by way of the play-offs.

The tournament starts on ten June.

A new format characteristics 24 teams, an improve from the 16 to have competed in previous editions.

But how does the draw perform? Who will the home nations face? And what will they require to do to attain the knockout stages?

How will the draw operate?

Guide to pots for Euro 2016 draw

Hosts France have currently been placed in Group A

Teams have been divided into 4 pots primarily based on performances in qualifying and tournament play  for Euro 2012, the 2014 Planet Cup and Euro 2016.

Each pot has six teams, though only five will be drawn from Pot 1 as hosts France have currently been placed into Group A.

The top seeds, such as England, are in Pot 1, although the lowest-rated teams based on Uefa’s criteria are in Pot 4 – this includes Wales, Northern Ireland and Republic of Ireland.

One particular team is drawn from each and every pot to make up a group of 4, so by the finish of the draw there will be six groups of 4 teams.

Martin O'Neill, Chris Coleman, Roy Hodgson and Michael O'Neil

Martin O’Neill, Chris Coleman, Roy Hodgson and Michael O’Neil will all most likely want to stay away from Italy in pot two

How do you qualify from a group?

Very good news – far more teams progress from the group stages than go out.

As the tournament has expanded to 24 nations for the 1st time, there is now the need to have for a final-16 stage.

Finishing very first or second in a group guarantees progress, but there will also be area for the 4 sides who finish third with the very best points tallies.

That means only eight out of 24 teams will be eliminated at the group stage.

The group no group desires to be in

A significant tournament would not be a significant tournament without one.

As a single group comes from every pot, it is possible planet champions Germany could be joined by Italy, Poland and Wales, the highest-ranked side in Pot 4.

England

The only side with a 100% record in qualifying, England scored 31 objectives, a tally only bettered by Poland’s 33.

The reward is a spot in Pot 1 alongside defending champions Spain, Germany, Portugal and the world’s prime-ranked side,  Belgium.

Watch our fans’ guide to Euro 2016

That signifies England can not be drawn against any of those nations, or hosts France.

There is a 50% chance they will be drawn with Wales, Northern Ireland or Republic of Ireland.

Ideal-case draw: Switzerland, Slovakia, Albania.

Worst-case draw: Italy, Poland, Wales.

Manager Roy Hodgson: “I believe in the players and, provided the possibilities, they can turn out to be a excellent team. But we are young, we are inexperienced – absolutely nothing is going to change that.

“This group of players won’t let any individual down in terms of their attitude and need. If they do fail it may well just be because of inexperience or a lack of high quality.”

Wales

Wales will make their debut at a European Championship finals in what will be their very first look at a major tournament given that the 1958 Planet Cup.

They did reach the European Championship quarter-finals in 1976, but only the semi-finals onwards were regarded as the ‘finals’.

In Gareth Bale they boast the most influential player in qualifying – the Genuine Madrid forward was involved in 82% of their 11 objectives, scoring seven and making two.

Very best-case draw: Portugal, Ukraine, Slovakia.

Worst-case draw: Germany, Italy, Poland.

Manager Chris Coleman: “It appears wonderful but we do not want to be in the exact same group as England. They are a quite, extremely excellent team and with Roy Hodgson in charge they will be a difficult nut for us to crack.”

Northern Ireland

Northern Ireland fans had endured 14 unsuccessful qualifying campaigns considering that they last appeared at a key finals – the 1986 Planet Cup.

But they ended that wait – and reached a European Championship for the first time – as they advanced with a game to spare as group winners.

They scored 56% of their targets in qualifying from set-pieces, so will pose a threat to more established international sides at the finals.

Greatest-case draw: Portugal, Ukraine, Slovakia.

Worst-case draw: Germany, Italy, Poland.

Manager Michael O’Neill: “Playing France in the opening game would be a unique expertise.  I suppose you would appear to steer clear of Italy from Pot two and possibly an England game as effectively, just simply because the consideration around that could overshadow every little thing else.”

Republic of Ireland

The Republic beat England in their 1988 European Championship opener but failed to win another game in that tournament and lost all three of their matches at Euro 2012, albeit in a challenging group featuring Spain, Italy and Croatia.

They have plenty of expertise to draw on, boasting the oldest typical squad in qualifying.

Ideal case draw: Portugal, Ukraine, Slovakia.

Worst-case draw: Germany, Italy, Poland.

Manager Martin O’Neill: “We may be quick on a couple of items, but courage and a determination to fight to the finish have been in abundance.

“We do not want to go there just to make up the numbers. We will go there to do the nation proud and place on a excellent efficiency.”

The dark horses?

Austria celebrate

They will give you a opportunity…

Czech Republic celebrate

Don’t let him shoot…

Robert Lewandowski

Russia’s Rosneft gets deal to supply Trafigura with diesel in 2016 – traders

MOSCOW Dec 11 Russia’s leading oil producer Rosneft and Swiss trader Trafigura have signed a deal, which involved forward financing, on diesel provide in 2016 from the Baltic Sea port of Primorsk and Pacific outlet of Nakhodka, traders said on Friday.

Rosneft will sell up to three million tonnes of ultra-low sulphur diesel from Primorsk and up to two.9 million tonnes of 500 ppm sulphur diesel from Nakhodka. Trafigura will also secure up to 1 million tonnes of bunker fuel from Nakhodka.

Each firms declined to comment.

Rosneft has enjoyed offers with traders under which they prepay for future fuel supplies.

The organization stated in its monetary report that it received pre-payments worth far more than 1 trillion roubles ($ 15.three billion) below its long-term supply contracts with customers in the third quarter, supplying money that has helped the heavily-indebted group repay a substantial element of its quick-term debt. (Reporting by Gleb Gorodyankin, Olga Yagova and Natalya Chumakova writing by Vladimir Soldatkin editing by Jack Stubbs)

Fed rate hike should lift trading activity in 2016 -JPMorgan CFO

JPM.N) Chief Economic Officer Marianne Lake said on Tuesday at an investor conference.

Markets likely will not see the impact of higher prices until right after the fourth quarter this year, Lake stated, speaking at the Goldman Sachs U.S. Financial Services Conference.

Lake added that prices were the most important factor that could drive up the bank’s revenue subsequent year, growing loan growth as nicely as net interest earnings.

The Fed is broadly expected to raise rates by 25 basis points subsequent week.

Wall Street more than the final few quarters has struggled with plunging bond trading revenue, specifically on the fixed income side, amid international financial turmoil and interest rates close to zero.

Wells Fargo & Co (WFC.N) Chief Executive Officer John Stumpf, who also spoke at the conference, mentioned that consumer self-assurance, not rates, was important to restoring faith in the U.S. economy.

(Reporting by Olivia Oran Additional reporting by Dan Freed Editing by James Dalgleish)

UPDATE 1-Serco sees decrease revenue, trading profit in 2016

(Add particulars, background)

LONDON Dec 7 British outsourcing firm Serco mentioned on Monday it expected revenue and trading profit to fall in 2016, due to the sale of its offshore contact centre company and a number of lost contracts.

The company, battling to recover from a string of contract issues and scandals, mentioned it now expected revenue of about 2.8 billion pounds ($ 4.two billion) and underlying trading profit of around 50 million pounds in 2016.

Analysts had anticipated income to come in at two.9 million pounds subsequent year, according to Reuters information.

The company mentioned the sale of its offshore get in touch with centre organization would minimize 2016 revenue by 300 million pounds. It agreed to sell the enterprise to private equity firm Blackstone for 250 million pounds in September.

Serco has suffered over the past couple of years, following problems with government contracts that integrated overcharging the British government for monitoring criminals and escalating fees on a deal to give accommodation to UK asylum seekers.

Nonetheless, it mentioned underlying trading profit in 2015 was most likely to come in at 95 million pounds, ahead of its preceding guidance of 90 million, due to the renegotiation of some loss-producing contracts and improved operational overall performance.

Income was estimated in line with its prior guidance of about three.five billion pounds.

“We said that we anticipated 2016 to be a further challenging year,” said Chief Executive Rupert Soames in a statement.

“We nonetheless anticipate this to be the case, caused in element by continued attrition of the contract base, and in portion by the BPO (offshore contact centre) disposal.” (Reporting by Li-mei Hoang Editing by Louise Heavens and Mark Potter)

Qatar Very first Bank to list shares in 2016, launches private banking

DOHA Dec 6 Qatar First Bank (QFB) plans to list its shares on the Qatar exchange as early as the 1st quarter of 2016, the chairman of the sharia-compliant monetary institution mentioned on Sunday.

“We hope by the end of the 1st quarter of subsequent year that we will be ready to list. Things are on the right track,” Abdulla al-Marri told journalists at a press conference in Doha.

The firm has extended been linked with a flotation, in what would be only the second new listing in Qatar since 2010, though QFB would only place its shares onto the bourse to trade and would raise no new income from the event.

Traditionally focused on wealth and asset management and private equity, targeting investments in power, genuine estate and financial solutions across the Middle East and Africa, QFB was also launching a private banking service, it stated on Sunday.

The move was not related to issues in its private equity operate or financial downturn in the Gulf Arab state, according to the bank’s chief executive.

“We are supplying private banking as a service as of right now. We are not shifting away from private equity, we are constructing on it,” stated Ziad Makkawi, the veteran banker who was appointed to the function in July.

Makkawi described the banking environment in the Gulf as “challenging” and said that investors had been behaving cautiously at a time of low oil rates and a liquidity crunch.

“The investment climate is not going to be as hot or as bullish as when oil prices had been at one hundred dollars a barrel. Men and women are searching for a bit far more certainty and are staying away from speculative sorts of investments,” he stated. (Reporting by Tom Finn Editing by Mark Potter)

Greece can tap markets in 2016 if reforms on track -EU aide

ATHENS Greece, which received a third international bailout this year, can begin to return to bond markets in 2016 if its reform program stays on course, a senior EU finance official was quoted on Saturday as saying.

The government is dependent on the euro zone’s rescue fund for most of its borrowing despite the fact that it continues to issue a limited amount of brief-term treasury bills.

“If the system is on track, as it is right now, and stays that way all of 2016, then I reckon access to markets is a feasible target and will be a logical consequence,” Thomas Wieser, chairman of the Eurogroup Operating Group, told Greek newspaper Realnews.

The government has begun to implement a difficult reform plan following a bailout of up to 86 billion euros ($ 93.61 billion) agreed in August but nonetheless faces politically sensitive overhauls of the pension and tax system and state administration.

Finance Minister Euclid Tsakalotos told Reuters in an interview this week he saw a 50-50 likelihood of tapping capital markets prior to the end of subsequent year.

(Reporting by Lefteris Karagiannopoulos Editing by Paul Taylor)

UK property costs to rise four-six pct in 2016 – Halifax

LONDON Dec 4 British residence cost are probably to rise much more gradually next year, with costs growing by among four and six % compared with growth of nearly 10 % in the previous 12 months, mortgage lender Halifax forecast on Friday.

Final year, Halifax mentioned house rates would rise by 3-5 % in 2015. But their own figures have shown development of more than twice that in the year to October.

“Property rates look costly compared to incomes but valuations are supported by the low levels of house for sale, low levels of housebuilding, and exceptionally low interest rates,” Halifax housing economist Martin Ellis said.

The failure of the Bank of England to increase interest prices, as markets had anticipated this year, was a important reason why house costs had risen more rapidly than forecast, Ellis added.

Other information show a slower price of improve than Halifax’s numbers. The Workplace for National Statistics has reported a six.1 % rise for the year to September.

Economists polled by Reuters final week predicted on typical that residence rates would rise by 4.three percent next year and 3.9 % in 2017.

Bank of England chief economist Andy Haldane final month named the British housing industry “broken”, blaming a lengthy-term failure of building to maintain up with demand.

Final year, the BoE restricted high loan-to-earnings mortgages for residential purchases. It is seeking now at no matter whether to advise curbs on ‘buy-to-let’ mortgages favoured by small property investors.

But the central bank has stopped brief of deeming the cost rises a significant threat to monetary stability.

Halifax is element of Lloyds Banking Group and is one particular of Britain’s biggest mortgage providers. (Reporting by David Milliken editing by William Schomberg)

UPDATE 1-Exchange operator BATS International organizing 2016 IPO – WSJ

(Adds specifics)

BATS is valued at more than $ two billion, including debt, according to the WSJ. (on.wsj.com/1RgQTq0)

BATS spokesman Randy Williams declined to comment.

Morgan Stanley and Citigroup Inc have been tapped to lead a group of banks to work on the IPO, the newspaper reported, citing men and women familiar with the matter.

The two Wall Street banks acted as lead representatives for underwriters when the business initial filed for an IPO in 2012. (reut.rs/1RgTqjS)

The company withdrew its IPO following a debacle that resembled the 2010 “flash crash”. (reut.rs/1RgTDDG)

The infamous incident resulted in the company’s stock briefly trading for less than a penny.

About the exact same time, a undesirable trade for 100 shares of Apple Inc also went through, triggering a circuit breaker that temporarily halted trading in shares of the iPhone-maker.

The BATS exchange later declared “self-aid,” due to internal issues in processing trades, forcing the exchange to send trades through other venues.

In the United States, BATS is the second-biggest equities market operator, with 4 stock exchanges – BZX, BYX, EDGX and EDGA. The Kansas City, Missouri-based business also operates BATS’ equity choices marketplace. (Reporting By Sudarshan Varadhan in Bengaluru Editing by Shounak Dasgupta)

Alonso could take 2016 break from F1

Will Fernando Alonso take a sabbatical in 2016?
Abu Dhabi Grand Prix
Venue: Yas Marina Circuit Dates: 27-29 November
Coverage: Reside BBC Television, radio and text coverage of the race. Complete information right here.

Fernando Alonso could take a sabbatical from Formula 1 subsequent year if McLaren remain uncompetitive, the team’s chairman Ron Dennis says.

Alonso is contracted till the end of 2017, but McLaren struggled in their 1st year with engine companion Honda.

Dennis stated: “I have an open thoughts. Some ideas have involved those sorts of considerations – sabbatical years.”

Alonso admitted he discussed the notion with Dennis some time ago but it was now his “intention” to race in 2016.

“I discussed a lot of concepts but not at this portion of the year,” Alonso said. “We feel so significantly far more positive than ahead of with the current pace of the auto. It is anything we did not discuss for 4 or 5 months already.

“My intention is to race and I feel I will race.”

Alonso has suffered several breakdowns, related to the new Honda engine in his McLaren

Former F1 driver Mark Webber, who is close to Alonso, said he believed the 34-year-old would make a final choice after attempting the 2016 McLaren in pre-season testing next February.

“I think he is a ticking bomb,” Webber stated. “I feel give him two or three days in the automobile and if the car is uncompetitive I consider he’ll have a year off.”

But Alonso said that taking a choice following one particular pre-season test would be “also straightforward”.

Alonso said following the Japanese Grand Prix in September that he “didn’t know” no matter whether he would race at McLaren next year.

Later that day, he put out a series of tweets reaffirming his commitment to McLaren, saying: “No-1 should have any doubt that I have 3 years with McLaren and my career in F1 will finish with this group, hopefully winning everything.”

Nevertheless, insiders have continued to express doubts about no matter whether Alonso, who left Ferrari for McLaren at the finish of last season because he believed they would give him a much better likelihood of winning a third world title, could face an additional season at the back of the grid.

Alonso and Button fool about in Brazil

There have been ideas since Japan that if the Honda engine remains uncompetitive in 2016, Alonso could take a year out and come back to fulfil the final two years of his contract in 2017 and 2018.

Though he and team-mate Jenson Button have normally remained optimistic and optimistic in their public utterances in 2015, their frustrations have occasionally surfaced.

Dennis stated he believed McLaren and Honda would be much more competitive in 2016.

He told a news conference at the Abu Dhabi Grand Prix on Saturday: “We have a excellent number of driver options. We have two of the very best drivers in the globe in our cars.

“When we have to take the decision, we will take it collectively and at this moment in time our drivers of subsequent year are Fernando and Jenson Button.”

Alonso qualified in 17th location in Abu Dhabi: watch the race reside on BBC A single and online from 12:ten GMT.

He added that Alonso “will definitely finish his profession in McLaren”.

Dennis mentioned: “We have really a lot of self-assurance in where we will be at the beginning of subsequent season. It is most certainly going in the right path.

“We are going up a painful curve, but up it we will go and we will get there.”

McLaren will nearly surely finish ninth of 10 teams in the championship this season, which means their garage will be moved to the far end of the pit lane.

Dennis stated: “I know where the motorhome will be but I don’t believe the automobile will be matching that position.”

Abu Dhabi GP coverage particulars