Paris Masters: Novak Djokovic Sets Up Quarter-final vs Stefanos Tsitsipas, Dominic Thiem Ousted

first_img Get the best of News18 delivered to your inbox – subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what’s happening in the world around you – in real time. alexander zverevATP Tourdominic thiemGrigor Dimitrov First Published: October 31, 2019, 10:37 PM IST Paris: World number one Novak Djokovic had to dig deep in the opening set as he reached the quarter-finals of the Paris Masters with a 7-6(7), 6-1 win against Britain’s Kyle Edmund on Thursday.The 16-times Grand Slam champion, who has been slightly ill lately, was kept on his toes before racing to victory to set up a meeting with seventh seed Stefanos Tsitsipas after the Greek beat Australian Alex De Minaur 6-3, 6-4. Serbian Djokovic bagged the first set on his seventh opportunity and he did not look back after breaking for 2-1 in the second with a booming forehand winner.The 5️⃣0️⃣ Club is getting bigger! @DjokerNole beats Kyle Edmund 7-6(7), 6-1 to record his 50th win of 2019 Tsitsipas awaits…. : @TennisTV | @RolexPMasters pic.twitter.com/jE49nDCfvn— ATP Tour (@atptour) October 31, 2019 Fifth seed Dominic Thiem was knocked out in the third round when he lost 6-3, 6-2 to Bulgarian Grigor Dimitrov who will play his first quarter-final at a Masters event since Canada 2018.Dimitrov, who had been struggling since reaching the semi-finals at the US Open, played brilliantly throughout, taking advantage of Thiem’s fading condition after the Austrian won the title in Vienna last Sunday.Dimitrov next takes on Chile’s Cristian Garin, who beat local favorite Jeremy Chardy in three sets.Great players. Greater mates. @GrigorDimitrov | @ThiemDomi : @TennisTV | @RolexPMasters pic.twitter.com/6lTN2bu5VY— ATP Tour (@atptour) October 31, 2019 Later on Thursday, world number two Rafael Nadal, looking to lift the trophy at Bercy for the first time, takes on old foe Stan Wawrinka.The Swiss, along with Frenchman Gael Monfils, De Minaur and Italian Matteo Berrettini, is vying for the remaining spot for the season-ending ATP Tour finals. last_img read more

Berenberg Buys USD 300 Mn of RBS Shipping Loans

first_imgzoom Hamburg-based Berenberg Bank has purchased a portfolio of European shipping loans worth around USD 300 million from The Royal Bank of Scotland (RBS), according to the law firm Watson Farley & Williams.Berenberg transferred the portfolio on to Luxembourg fund Berenberg Alternative Assets Fund, which it set up and to which it acts as sole advisor.Fully compliant with all regulatory requirements for institutional investors, the fund primarily focusses on performing loans, Watson Farley & Williams informed.The 73-percent state-owned Royal Bank of Scotland, which is currently in the midst of a restructuring, launched the sale of a total of USD 600 million worth of shipping loans in an effort to exit the sector as it is looking to return to profit after eight straight years of losses.In January 2017, the Japanese financial services group Orix Corporation bought some USD 289 million worth of shipping loans from RBS, primarily consisting of investment grade loans derived from the bank’s Greek shipping business.Earlier reports suggested that other financial institutions, including Bank of America Merrill Lynch, as well as investment management firm Davidson Kempner Capital Management, were interested in buying RBS’ shipping loan tranches.last_img read more

Parts of northeastern Ontario on evacuation notice as wildfires spread

first_imgOntario has put a large swath of homes on evacuation notice, emptied two provincial parks and called for help from other provinces as forest fires rage near the Quebec border.The Ministry of Natural Resources and Forestry placed residents near Temagami, Ont., on notice Monday morning after 20 homes were evacuated Sunday as a fire approached the town along with other fires that have begun in the area.“Fire North Bay 69,” as it’s known, is just kilometres from the town, said ministry spokeswoman Jolanta Kowalski. Ontario Provincial Police said the blaze was “dangerously close” to the evacuated homes.As of Monday morning, there are 70 forest fires in the province’s northeast region with 33 of them not yet under control, Kowalski said.“There’s high temperatures, dry conditions and a lot of thunderstorms,” she said, making ideal conditions for the start and spread of fires.“The risk of wildland fires across most of northern Ontario is high and it’s especially challenging in the northeast right now because there are so many fires.”Ontario Parks also evacuated two provincial parks, Finlayson Point and Marten River, “due to the significant risk from nearby forest fire activity.”Neary 450 campers have gotten out safely, an Ontario Parks spokeswoman said. The parks will remain closed for the time being.Jolanta said the ministry will be getting reinforcements from other provinces to join the 400 firefighters currently working the northeast quadrant of the province.Numerous water bombers are operating during daylight hours in an effort to stop or control the spread of the fires, she said.It has been a bad year for forest fires in Ontario with 504 recorded to date compared to 143 this time last year, according to the ministry’s data.The area burned is up significantly as well, with 61,000 hectares damaged due to fire compared to 42,000 hectares last year, Kowalski said.In Temagami, tensions are high, said Brian Koski, a local councillor and the head of the municipality’s emergency management committee.“It’s very close to the town,” Koski said.Smoke blanketed the area on Sunday, which led to one resident suffering an asthma attack, Koski said, but no one else has been injured.There are several larger fires to the south of the town, he said. And small blazes are popping up and spreading quickly.Koski spent part of Sunday driving around and helping residents clear out when he stopped by Karol Lake.“There was not even a puff of smoke,” he said. “By 2 p.m. there was a puff of smoke. And by 4 p.m. it was a raging fire.”last_img read more