Tottenham’s title bid ends before it begins – again – as Burnley pull off upset

first_imgKane marked his injury return with a goal but was ultimately on the losing side (Getty)Spurs dominated the match for large spells – with Tom Heaton attempting the most passes (16) of any Burnley player in a forgettable first half – but went behind shortly after the restart.AdvertisementAdvertisementADVERTISEMENTA corner kick rather controversially awarded to Burnley was whipped in by Dwight McNeil and Chris Wood out-jumped Spurs’ static defence to plant the ball in via the underside of the crossbar.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityBut Spurs responded immediately, with Danny Rose taking a quick throw-in by the halfway line and releasing Kane, who held off his marker and poked the ball into the far corner.Burnley boss Sean Dyche was fuming, though, claiming that Rose had not taken the throw-in from the appropriate spot, stealing a couple of yards before finding Kane. Advertisement Sean Dyche’s side are now unbeaten in their last eight games (Picture: Getty)Tottenham Hotspur blew the chance to move within two points of the Premier League summit after suffering a 2-1 defeat to Burnley on Saturday afternoon.The title has long seemed a two-horse race, but Spurs had the opportunity to put themselves right back in contention with Liverpool travelling to Old Trafford and Manchester City in action in the Carabao Cup final on Sunday.But despite the goalscoring return of Harry Kane to the starting XI after his injury lay-off with ankle ligament damage, the north Londoners were frustrated at Turf Moor. Comment Barnes struck late on to secure all three points for Burnley and dent Spurs’ hopes (Getty)Spurs continued to enjoy plenty of possession (ending the match with 69%) as they looked for a winner, though without ever really testing Heaton, and were undone by a scrappy goal from the hosts.A long ball forward was badly cleared by Serge Aurier, with Johann Gudmundsson picking up the scraps, and his scuffed shot turned into the perfect cross for Ashley Barnes to tap in the winner.The result sees Burnley move up to 13th place in the Premier League table, six points clear of the relegation zone, while Spurs now face testing back-to-back matches against top-four rivals Chelsea and Arsenal and remain five points adrift of the league leaders.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenalcenter_img Metro Sport ReporterSaturday 23 Feb 2019 2:29 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link68Shares Tottenham’s title bid ends before it begins – again – as Burnley pull off upset Advertisementlast_img read more

Infrastructure investors to keep, boost allocations over long term

first_imgSome 65% of investors said they felt fund managers and investors’ interests were aligned in the 2014 survey, compared with only 27% who had given that answer in 2010.But 61% of investors in the study said management fees were a key area in need of improvement.In terms of regions, Europe was most favoured for investment this year, with 41% of investors in the asset class targeting this area, followed by North America, which was within sights of 38% of investors.Infrastructure investment was strong last year, Preqin said, with $40bn raised by 52 unlisted infrastructure funds.This was the largest amount of capital raised in a single year by funds since 2008, the survey found.Preqin suggested that, in future, capital may become more concentrated among a small number of very experienced infrastructure investors due to investor priorities.Experience, according to the poll, was the most sought-after attribute for investors choosing new managers, with 80% of respondents citing this as a key factor. Most institutional investors with infrastructure holdings plan to increase or at least maintain investments in the long term, a survey has found.The latest survey on the asset class by data and analysis firm Preqin, which polled 430 investors and looked at different types of alternative investments, showed 84% of infrastructure investors were aiming to increase or maintain their allocation over the longer term.More than half of investors (56%) said they intended to make at least three investments in infrastructure funds in 2014, with 43% saying they intended to commit $100m (€73m) or more over the next 12 months.Investors had become more satisfied that their interests were aligned with those of managers than had been the case four years ago, the survey showed.last_img read more

MMHE net loss deepens

first_imgLNG carrier repair specialist Malaysia Marine and Heavy Engineering (MMHE) reported a deeper loss during the second quarter of 2017. The company’s net loss reached RM 13.7 million ($3.2 million) during the second quarter, dropping from RM 2.6 million in the corresponding quarter in 2016.The group’s revenue of RM257.3 million was 13 percent lower than RM297.4 million in the corresponding quarter with operating loss widening to RM10.3 million from RM0.5 million loss in the corresponding quarter, according to the company’s report.The marine sector, however, saw a 25 percent increase in revenue to RM99.3 million despite lower LNG vessels repair, MMHE, the unit of Malaysia Marine and Heavy Engineering Holdings (MHB), said in its statement.The losses deepened during the first six months of 2017 to RM31 million from RM 6.1 million in the first six months of 2016.The group’s revenue of RM493.1 million was 11 percent lower than RM 554.2 million in the corresponding 6 months period, mainly due to lower revenue in Heavy Engineering from completion of some offshore projects in the current period.The lower value of LNG vessel repairs, impacted the group’s first half revenue, declining 9.1 percent to RM 257.3 million.1 RM = 0.233620 USDlast_img read more