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World Economy Apr 02, 2026

Chris Rokos gifts record £190 million to Cambridge, creating UK's largest university endowment and spotlighting hedge‑fund billionaire’s philanthropic surge

Hedge‑fund founder Chris Rokos has pledged a historic £190 million to the University of Cambridge f…
When billionaire hedge‑fund manager Chris Rokos announced a £190 million contribution to the University of Cambridge, the move instantly became the largest single donation to any UK university in modern history. The funds will establish a new “school of government” aimed at bridging policy, science and emerging technologies. Rokos, a 55‑year‑old Oxford graduate, has amassed an estimated £2.6 billion fortune, primarily through his firm Rokos Capital Management (RCM), which he founded in 2015 after a high‑profile stint at Brevan Howard. RCM now oversees **over £22 billion** in assets, employs roughly 350 staff, and operates from offices in London, New York, Singapore and Abu Dhabi. In the most recent fiscal year ending March, Rokos paid himself nearly £500 million, according to Companies House filings, reflecting the firm’s strong performance amid volatile markets. Beyond finance, Rokos has kept a remarkably low public profile. He famously declined to provide a photograph when launching a £500 million fund in 2007, and he has avoided media attention despite owning one of England’s most expensive private residences. The £175 million refurbishment of the Grade I‑listed Tottenham House in Wiltshire – featuring a tennis pavilion, private cinema, basement squash court and a proposed “subterranean family link” to a pool house – has drawn local council scrutiny but stands as a tangible testament to his wealth. Rokos’s career trajectory began in banking at UBS and Goldman Sachs, moving to Credit Suisse where he was recruited by Alan Howard. He later joined the founding team of Brevan Howard in 2002, generating roughly $4 billion (≈£3 billion) in investor profits and about £600 million for himself before departing in 2012. His philanthropic philosophy emphasizes diversity of thought. In a video released by Cambridge, Rokos warned that a school populated only by “centrist, socially liberal” voices would be a failure, insisting on a broad spectrum of intellectual viewpoints. Earlier this year, RCM’s exploratory talks to bring former UK business secretary Peter Mandelson onto its advisory board collapsed after revelations about Mandelson’s connections to the late Jeffrey Epstein. Rokos also ranks among the UK’s biggest taxpayers and maintains a family office in Mayfair. A lingering legal dispute over a five‑year non‑compete clause with a former employer was settled out of court, clearing the way for his current venture. Overall, the record‑breaking Cambridge donation not only reshapes the university’s academic landscape but also underscores how hedge‑fund wealth is increasingly channeled into high‑impact philanthropy, blurring the lines between finance, education and public policy.
#rokos #university #school
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Sports Apr 02, 2026

Italy's World Cup Qualification Collapse Fuels Political Firestorm and Calls for Football Overhaul

Italy's 4-1 penalty shoot‑out loss to Bosnia and Herzegovina in the World Cup 2026 playoff marks th…
Italy awoke on Wednesday in a state of anger and disbelief after the Azzurri were eliminated from the FIFA World Cup 2026 qualification by a 4-1 penalty shoot‑out defeat to Bosnia and Herzegovina, following a 1‑1 draw in regular time.The loss represents the third straight playoff elimination for Italy – previous setbacks came against Sweden and North Macedonia – and has revived what the front page of Corriere della Sera dubbed the "World Cup curse."Italian media, including La Gazzetta dello Sport and Corriere dello Sport, echoed the sentiment with headlines proclaiming “We’re all staying at home,” underscoring the depth of national disappointment.Key moments in the match included a red card for Alessandro Bastoni in the 42nd minute for a last‑man tackle, a turning point that shifted momentum despite Italy leading at the time.Fans expressed their shock and frustration: "Everything went badly from the start of the match. The team wasn’t good, players out of form… it makes no sense," said Davide Caldaretta, a spectator in a Rome pub, to Reuters.Melanie Cardillo, also speaking to Reuters, described herself as “really upset and disappointed,” adding that the repeated failures have eroded hope.Beyond football, Italy recently celebrated a record 30 medals at the Milan‑Cortina Winter Olympics and 40 medals at the 2024 Paris Summer Games, highlighting the country's broader sporting prowess, from speed skater Francesca Lollobrigida to tennis champion Jannik Sinner.Nevertheless, the football debacle prompted a political backlash. Sport Minister Andrea Abodi called on FIGC President Gabriele Gravina to resign, stating, "Italian football needs to be rebuilt from the ground up, starting with changes at the top of the FIGC."Gravina refused to step down, noting that a board meeting next week will determine his future. Tensions have risen between the government and the federation, with Gravina accusing the state of treating football as a "state sport" while favoring other disciplines.Former Prime Minister Matteo Renzi weighed in, calling the elimination “unfortunately not an April Fool’s joke” and emphasizing that football is integral to Italy’s cultural identity.In response to Gravina’s remarks, speed skater Francesca Lollobrigida posted sarcastically on Instagram, "I’m an amateur," underscoring the broader debate over responsibility for the missed qualification.As Italy prepares for the next board meeting, the nation faces a pivotal moment: whether to overhaul its football governance or continue grappling with a perceived "curse" that has kept the Azzurri out of the world stage for three consecutive cycles.
#italy #world #cup
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Sport Apr 01, 2026

Emma Raducanu Withdraws from Linz Open Amid Prolonged Recovery

British tennis star Emma Raducanu has pulled out of the Linz Open due to ongoing recovery from illn…
British tennis star Emma Raducanu has withdrawn from next week’s Linz Open as she continues to recover from an illness she contracted in early February. This development comes on the heels of her previous withdrawal from the Miami Open as she deals with post-viral symptoms.Raducanu, the 2021 US Open champion, has also opted out of Great Britain’s Billie Jean King Cup qualifier against Australia. Her last competitive appearance was in the third round at Indian Wells on March 8, where she suffered a 6-1, 6-1 defeat to Amanda Anisimova. Raducanu attributed her lackluster performance to a lack of power and acknowledged the need to regain her aggressive gameplay.Following her split from coach Francisco Roig in January, Raducanu has been working informally with Mark Petchey. Her next potential appearance is expected at the Madrid Open, which begins on April 21.
#she #raducanu #open
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Sports Apr 01, 2026

Italy’s third straight World Cup miss sparks national outcry and calls for football overhaul

Italy suffered a 4‑1 penalty‑shootout loss to Bosnia and Herzegovina, missing the 2026 World Cup fo…
Italy’s national team endured a 4‑1 penalty‑shootout defeat to Bosnia and Herzegovina in the World Cup 2026 qualifying playoff, confirming a third consecutive failure to reach the finals. The loss, described by Italian media as a “World Cup curse” and a “Third apocalypse,” has reverberated far beyond the stadium. Valentino del Duca, a restaurant worker in Rome, summed up the mood: “We are a population of failures. End of story.” His sentiment echoed across the capital, where fans like Gabriele Alfano lamented the missed opportunity after a hopeful win over Northern Ireland the week before. Alfano pointed to a deeper issue: “Italian football is no longer producing young talent. I remember streets full of kids playing ball; now they’re more into tennis,” he said, referencing Jannik Sinner’s recent Miami Masters triumph. The sporting disaster quickly became a political flashpoint. The League party, part of Giorgia Meloni’s governing coalition, called the outcome “an unacceptable disgrace” and demanded the resignation of federation president Gabriele Gravina. Former prime minister Matteo Renzi added that the repeated eliminations signal a systemic failure, noting that football is “part of our culture and national identity.” Long‑time resident Gustavo Sosa, originally from Argentina, observed that Italy’s loss of composure after being reduced to ten men highlighted a loss of “rigour” and “hunger” that mirrors concerns in his native country. Sports minister Andrea Abodi warned that the sport must be “rebuilt,” expressing sorrow for a generation of children who may never experience a World Cup. Some Italians, like Lucia Severi, suggested shifting attention to other disciplines, citing the country’s success in tennis and athletics. The defeat starkly contrasts with the euphoria of July 2021, when Italy won the Euro 2020 final on penalties—a moment once seen as a reversal of fortunes after missing the 2018 World Cup. Yet that optimism proved fleeting, as the Azzurri also failed to qualify for the 2022 tournament. As the nation grapples with this latest setback, the debate intensifies over how to revive Italian football, nurture grassroots participation, and restore the pride once associated with the Azzurri’s international successes.
#football #world #cup
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Sport Mar 31, 2026

Sinner and Sabalenka Complete Rare Sunshine Double Feats, Reinforcing Their 2026 Tour Dominance

Jannik Sinner and Aryna Sabalenka each clinched the coveted Sunshine Double at Indian Wells and Mia…
Jannik Sinner reflected on his latest triumph at the Miami Open with a modest chuckle, insisting that tennis remains an individual sport. His decisive win over Jiri Lehecka not only secured the Sunshine Double—following his Indian Wells victory—but also extended a remarkable record: every tournament featuring both Sinner and Carlos Alcaraz since April 2024 has been won by one of the two. Sinner’s achievement marks his third consecutive Masters 1000 title and an astonishing 34 straight sets won at this level, underscoring his dominance over all challengers aside from his chief rival. After early‑season setbacks—losses to Novak Djokovic at the Australian Open and to Jakub Mensik in Qatar—Sinner and his team relocated to California for an intensive training block in scorching conditions, a strategy that paid dividends throughout March. “There is no secret behind it, just hard work,” Sinner said, noting his extended stay outside Europe and his eagerness to return home. Despite his focus on individual preparation, the broader narrative remains: the gap between Sinner, Alcaraz and the rest of the field continues to widen, with the two duopoly rarely challenged. On the women’s side, Aryna Sabalenka mirrored Sinner’s feat by completing her own Sunshine Double, albeit under markedly different circumstances. She entered the season having won 23 of her first 24 matches, and at Indian Wells she survived a match‑point against Elena Rybakina before edging Coco Gauff in a tense Miami final. Sabalenka’s recent evolution is evident both technically and mentally. After a series of high‑profile collapses in decisive moments—most notably at the Australian Open and the French Open—she adopted a self‑affirmation routine, repeatedly reminding herself of her strength. “Whenever I felt like doubting my ability, I was bringing myself back and reminding myself, ‘No, no, no, you’re strong enough,’” she explained. Her résumé now includes four Grand Slam titles, 11 WTA 1000 titles, and a cumulative 84 weeks at world No. 1. Financially, Sabalenka is on track to become the second female athlete ever to earn $50 million in prize money in a single year, trailing only Serena Williams. The Miami Open itself remains a paradox. While it draws a vibrant, international crowd—especially from Latin America—and offers a unique atmosphere, its temporary venue at Hard Rock Stadium is widely criticized as the tour’s least favorable setting, with sightlines compromised by the stadium’s layout. The tournament’s prestige has also been challenged by the rise of Indian Wells and the recent shift toward mixed‑gender two‑week events. As the tour transitions to the European clay season, the performances of Sinner and Sabalenka raise pivotal questions about the future hierarchy of tennis and the evolving relevance of historic events like Miami in a rapidly changing landscape.
#sinner #his #her
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World Economy Mar 30, 2026

Severe Thunderstorms Bring Heavy Rainfall to UAE and Saudi Arabia

Severe thunderstorms have brought heavy rainfall to the UAE and Saudi Arabia, causing widespread fl…
A powerful and unusual weather pattern has unleashed severe thunderstorms across parts of the Middle East, battering countries including the United Arab Emirates and Saudi Arabia. The Arabian peninsula, typically dominated by arid desert climates, received up to 150mm of rain in just a few days.The deluge was caused by an abnormally strong jet stream, which helped a deep area of low pressure to develop north of Saudi Arabia. This, in turn, drew moist tropical air from the Indian Ocean and triggered intense storms.In Oman, hailstones as large as tennis balls fell during Wednesday evening's storms, alongside torrential rain. Doha, Qatar's capital, experienced flooding the same day.Further thunderstorms developed on Thursday evening, with a more organised line crossing the UAE and hitting densely populated areas such as Dubai and Abu Dhabi. Gusts of up to 80mph, large hail and intense lightning were reported, as heavy rainfall caused widespread flooding.A weather station on Jebel Yanas in northern UAE recorded 244mm of rainfall, with many others exceeding 100mm in just a few days, far surpassing typical annual totals of 60-100mm. The event reflects a broader global trend of storms bringing more intense rainfall as the climate warms.Attention is shifting to the Mediterranean, where a developing low-pressure system south-east of Italy is expected to bring heavy rain and thunderstorms to Greece, Turkey and other countries in south-east Europe this week.
#thunderstorms #flooding #rainfall
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Sports Mar 28, 2026

Sabalenka and Gauff Set for Miami Open Final Showdown

The Miami Open final is set to feature a highly anticipated matchup between defending champion Aryn…
The stage is set for a thrilling final at the Miami Open as defending champion Aryna Sabalenka takes on Coco Gauff at Hard Rock Stadium on Saturday.This WTA 1000 final marks their 13th meeting, with the series currently tied at 6-6. The two tennis stars have faced off in several high-stakes matches, including three finals in 2025. Sabalenka won their last encounter in the group stage of the WTA Finals in November.Gauff, a South Floridian, is making her first Miami Open final appearance and is looking to capitalize on her recent successes, including victories over Sabalenka in the 2023 US Open and 2025 French Open finals.“We’ve played so many matches, and it’s physical when I play her every time,” Gauff said. “She’s playing great tennis. She’s definitely world No 1 for a reason and it’s going to be a great challenge.”Sabalenka, who is attempting to win the “Sunshine Double” — back-to-back March hard-court tournaments in Indian Wells and Miami — praised Gauff as “a fighter” and an “incredible player.”The match promises to be an exciting battle, with both players eager to claim the title. Sabalenka won in Indian Wells on March 15, while Gauff had to retire during her third-round match in Indian Wells due to a nerve injury.
#Aryna Sabalenka #Coco Gauff #Miami Open
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Sport Mar 25, 2026

Coco Gauff Overcomes Imposter Syndrome to Reach Miami Open Semi-Finals

Coco Gauff has reached the semi-finals of the Miami Open despite struggling with an arm injury and …
Coco Gauff has proven her mental toughness once again by battling through to the semi-finals of the Miami Open, despite facing significant challenges. The American tennis star has been dealing with an unfamiliar arm injury and has been under pressure to revamp her serve, but she has shown remarkable resilience. Gauff's latest victory came against Bencic, where she won 6-3, 1-6, 6-3 in a hard-fought match. This marks her best result at her hometown tournament, and she continues to defy expectations. Her ability to overcome adversity and push through difficult situations is a testament to her fighting spirit. In a candid interview, Gauff discussed her struggles with imposter syndrome, revealing that she sometimes feels like she doesn't belong at the top level of tennis. “I think I have to believe that I belong where I am,” she said. “Sometimes I can get imposter syndrome and even when they’re saying my accomplishments during the warm-up, it doesn’t feel like me.” Gauff's serve has been under intense scrutiny recently, but she managed to deliver a solid performance against Bencic, firing down six aces and committing just five double faults. Her determination to believe in herself and her abilities has been key to her success. Next, Gauff will face Karolína Muchová, the 13th seed, in the semi-finals. Despite Muchová being one of the in-form players on the tour, Gauff leads their head-to-head 5-0, giving her a significant advantage.
#her #gauff #she
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Sport Mar 24, 2026

Iga Swiatek's Miami Open Defeat Exposes Her Mental Struggles

World No. 3 Iga Swiatek faces a tough period after a surprising defeat at the Miami Open, revealing…
Iga Swiatek, the world No 3 tennis player, has spoken candidly about her struggles after a difficult defeat at the Miami Open. The Polish player lost to her compatriot Magda Linette in a messy three-set affair, marking one of her most challenging losses in years. In a post-match media session, Swiatek broke down in tears, highlighting the emotional toll of her recent performances. She described her current situation as 'the worst nightmare a top tennis player can have,' struggling to cope with the pressure and weight of her achievements. Swiatek's issues on the court have been compounded by her mental state. Despite being a six-time grand slam title winner and one of the greatest players of her generation, she has been plagued by chronic overthinking, worrying, and second-guessing her decisions. The problems began in the autumn of 2024 after a positive test for the banned substance trimetazidine, which led to a month-long suspension. Although she proved the substance was in a permitted sleep medication, the incident affected her performance. Swiatek's inactivity in the final months of 2024 meant she couldn't regain her No 1 ranking, which has been held by her rival Aryna Sabalenka. In a bid to address her struggles, Swiatek has parted ways with her coach, Wim Fissette. Her partnership with sports psychologist Daria Abramowicz has been crucial in her career, but Swiatek may need to take more ownership of her decision-making to move forward. Despite her current challenges, Swiatek remains a formidable player, known for her destructive groundstrokes, heavy topspin, and supreme athleticism. Her mental toughness has been a key factor in her success, but it has also become a source of stress in recent months.
#her #swiatek #she
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