Dustin Johnson, right, waits on the first hole with his former caddie Joe LaCava at last week's The Tour Championship at East Lake.
Dustin Johnson, right, waits on the first hole with his former caddie Joe LaCava at last week's The Tour Championship at East Lake.

Joe LaCava leaves Dustin Johnson to caddie Tiger Woods back to the top



ATLANTA // Tiger Woods has hired Joe LaCava to be his third full-time caddie.

LaCava decided to leave Dustin Johnson, one of the most talented young American golfers, to go to work for the former world No 1 who has not won in the last two years.

"Joe LaCava is an outstanding caddie and I have known him since I was an amateur, really looking forward to having him on the bag," Woods posted on his Twitter account last night.

David Winkle, Johnson's agent at Hambric Sports Management, confirmed LaCava was going to work for Woods and a search for a new caddie would begin immediately.

"Needless to say, Dustin and I were completely surprised, as they have enjoyed a great relationship and have been very successful together," Winkle said. "Nonetheless, we think highly of Joe, both as a caddie and a person, which is why he was hired in the first place. We wish him nothing but the best with his new employer."

LaCava was the longtime caddie for Fred Couples, a relationship that ended in the summer because Johnson was looking for a caddie and Couples' playing schedule was being reduced because of his health.

Swing coach Butch Harmon recommended LaCava to Johnson, and said last night he was "shocked" by the change.

"The thing that bothered me the most was TW not calling Dustin and asking if he could talk to Joe," said Harmon, who used to work with Woods. "That's the way it's done. I'm a little disappointed with the way Tiger handled it. But I'm not surprised."

Woods fired Steve Williams after nearly 13 years this summer after Williams worked for Adam Scott while Woods was recovering from a knee injury. One person said LaCava informed Johnson of his decision after the final round of the Tour Championship.

LaCava was flying home and could not be immediately reached. Johnson left for a corporate photo shoot in Georgia, and then was headed for Scotland for the Dunhill Links Championship.

LaCava waited for him at his courtesy car to load up his clubs, and their farewell in the car park was routine. Johnson had planned to take a couple of friends to Scotland to caddie for him and his brother, Austin, his amateur partner.

Johnson won The Barclays last month with LaCava on the bag, and the news was a surprise. However, LaCava has two children, ages 12 and 14, and as long as he has been a caddie, wants to be spending more time at home. Johnson also is leaning toward taking up European Tour membership next year, which would mean about four additional tournaments overseas.

Woods, even when fully healthy, plays a limited schedule.

The question is whether Woods can make this a profitable move for LaCava. Woods has not won in more than two years on the PGA Tour, and he did not qualify for the FedEx Cup play-offs this year, mainly because he missed nearly four months with an injury.

Woods has said his left leg is stronger than it has been in years. Woods next plays at the Frys.com Open in two weeks at CordeValle, about an hour south of San Francisco, California.

Woods also is playing the Australian Open and the Presidents Cup, a competition that will feature all of his caddies — Mike Cowan (now with Jim Furyk) and Williams, who works for Scott.

The currency conundrum

Russ Mould, investment director at online trading platform AJ Bell, says almost every major currency has challenges right now. “The US has a huge budget deficit, the euro faces political friction and poor growth, sterling is bogged down by Brexit, China’s renminbi is hit by debt fears while slowing Chinese growth is hurting commodity exporters like Australia and Canada.”

Most countries now actively want a weak currency to make their exports more competitive. “China seems happy to let the renminbi drift lower, the Swiss are still running quantitative easing at full tilt and central bankers everywhere are actively talking down their currencies or offering only limited support," says Mr Mould.

This is a race to the bottom, and everybody wants to be a winner.

THE DETAILS

Kaala

Dir: Pa. Ranjith

Starring: Rajinikanth, Huma Qureshi, Easwari Rao, Nana Patekar  

Rating: 1.5/5 

ANDROID VERSION NAMES, IN ORDER

Android Alpha

Android Beta

Android Cupcake

Android Donut

Android Eclair

Android Froyo

Android Gingerbread

Android Honeycomb

Android Ice Cream Sandwich

Android Jelly Bean

Android KitKat

Android Lollipop

Android Marshmallow

Android Nougat

Android Oreo

Android Pie

Android 10 (Quince Tart*)

Android 11 (Red Velvet Cake*)

Android 12 (Snow Cone*)

Android 13 (Tiramisu*)

Android 14 (Upside Down Cake*)

Android 15 (Vanilla Ice Cream*)

* internal codenames

Company profile

Name: Homie Portal LLC

Started: End of 2021 

Founder: Abdulla Al Kamda 

Based: Dubai

Sector: FinTech 

Initial investment: Undisclosed 

Current number of staff: 14 

Investment stage: Launch 

Investors: Self-funded

MATCH INFO

CAF Champions League semi-finals first-leg fixtures

Tuesday:

Primeiro Agosto (ANG) v Esperance (TUN) (8pm UAE)
Al Ahly (EGY) v Entente Setif (ALG) (11PM)

Second legs:

October 23

Results

5.30pm: Maiden (TB) Dh82,500 (Dirt) 1,600m, Winner: Panadol, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer)

6.05pm: Maiden (TB) Dh82,500 (Turf) 1,400m, Winner: Mayehaab, Adrie de Vries, Fawzi Nass

6.40pm: Handicap (TB) Dh85,000 (D) 1,600m, Winner: Monoski, Mickael Barzalona, Salem bin Ghadayer

7.15pm: Handicap (TB) Dh102,500 (T) 1,800m, Winner: Eastern World, Royston Ffrench, Charlie Appleby

7.50pm: Handicap (TB) Dh92,500 (D) 1,200m, Winner: Madkal, Adrie de Vries, Fawzi Nass

8.25pm: Handicap (TB) Dh92,500 (T) 1,200m, Winner: Taneen, Dane O’Neill, Musabah Al Muhairi

ROUTE TO TITLE

Round 1: Beat Leolia Jeanjean 6-1, 6-2
Round 2: Beat Naomi Osaka 7-6, 1-6, 7-5
Round 3: Beat Marie Bouzkova 6-4, 6-2
Round 4: Beat Anastasia Potapova 6-0, 6-0
Quarter-final: Beat Marketa Vondrousova 6-0, 6-2
Semi-final: Beat Coco Gauff 6-2, 6-4
Final: Beat Jasmine Paolini 6-2, 6-2

How to become a Boglehead

Bogleheads follow simple investing philosophies to build their wealth and live better lives. Just follow these steps.

•   Spend less than you earn and save the rest. You can do this by earning more, or being frugal. Better still, do both.

•   Invest early, invest often. It takes time to grow your wealth on the stock market. The sooner you begin, the better.

•   Choose the right level of risk. Don't gamble by investing in get-rich-quick schemes or high-risk plays. Don't play it too safe, either, by leaving long-term savings in cash.

•   Diversify. Do not keep all your eggs in one basket. Spread your money between different companies, sectors, markets and asset classes such as bonds and property.

•   Keep charges low. The biggest drag on investment performance is all the charges you pay to advisers and active fund managers.

•   Keep it simple. Complexity is your enemy. You can build a balanced, diversified portfolio with just a handful of ETFs.

•   Forget timing the market. Nobody knows where share prices will go next, so don't try to second-guess them.

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SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
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Price: From Dh599,000
On sale: Now

Meydan Racecourse racecard:

6.30pm: The Madjani Stakes Listed (PA) | Dh175,000 1,900m

7.05pm: Maiden for 2-year-old fillies (TB) Dh165,000 1,400m

7.40pm: The Dubai Creek Mile Listed (TB) Dh265,000 1,600m

8.15pm: Maiden for 2-year-old colts (TB) Dh165,000 1,600m

8.50pm: The Entisar Listed (TB) Dh265,000 2,000m

9.25pm: Handicap (TB) Dh190,000 1,200m

10pm: Handicap (TB) Dh190,000 1,600m.

'Will of the People'

Artist: Muse
Label: Warner
Rating: 2.5/5

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
UAE currency: the story behind the money in your pockets
Kill Bill Volume 1

Director: Quentin Tarantino
Stars: Uma Thurman, David Carradine and Michael Madsen
Rating: 4.5/5

Company Profile

Name: Ovasave
Started: November 2022
Founders: Majd Abu Zant and Torkia Mahloul
Based: Abu Dhabi
Sector: Healthtech
Number of staff: Three employees
Investment stage: Pre-seed
Investment: $400,000

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside