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The euro tumbled against the US dollar to near a two-year low of mid-1.03, a level briefly reached late in November and the lowest in two years. The decline was triggered by the Federal Reserve's (Fed) hawkish rate cut on Wednesday night. The EUR/USD pair dropped more than 1%, or 1.4 US cents per euro before a slight rebound in the Asian session on Thursday.
Shaun Murphy was thrashed 4-0 by Ding Junhui as he fell at the first hurdle at the Riyadh Season Snooker Championship.
World Chess Champion Gukesh Dommaraju revealed what he had been feeling in the moments leading up to his victory in the 14th and final game of the World Chess Championship 2024 against China's Ding Liren. In an exclusive chat with NDTV, Gukesh revealed his thoughts during the crunch match, spoke about the growing popularity of chess in India, about the role played by former Indian cricket mental conditioning coach Paddy Upton in his game, and how he shares a similarity with legendary India captain Mahendra Singh Dhoni.
The "multi-millionaire" tag does "mean a lot" to new world champion D Gukesh but he doesn't play the game for material gains but for that unbridled joy, which he has been able to retain since the time a chess board used to be the "coolest toy" for him. Gukesh, the 18-year-old from Chennai, is now richer by Rs 11.45 crore which he will receive from FIDE as prize money for beating Ding Liren of China in the final. Gukesh's father Rajnikanth gave up his career as an ENT surgeon to accompany his son on the circuit while mother Padmakumari, who is a microbiologist, became the sole earner of the family.
Wolves are set to appoint Vitor Pereira as their new head coach after agreeing an 18-month deal with the Portuguese.
Once the bureaucratic heart of imperial China, the ancient city of Suzhou has captivated visitors for centuries.
Chinese Grandmaster Ding Liren has opened up on his loss to India's D Gukesh at the World Chess Championship 2024 in Singapore last week. Ding, who was the defending champion, made a costly error in the decisive Game 14, allowing Gukesh to become the youngest ever world champion. Following his defeat to Gukesh, Ding was accused of deliberately losing the match by Russian Chess Federation chief Andrei Filatov. Russian news agency TASS quoted Filatov asking the International Chess Federation (FIDE) to open a probe and investigate the result.
The equity markets across Europe kicked off the week on a negative note amid ongoing political turmoil in Germany and France. The German DAX fell 0.45%, the French CAC 40 slumped 0.71%, and the Euro Stoxx 600 index slid 0.12% on Monday.