Tampa Bay's netminder, Antero Nittymaki, stops the Montreal Canadiens' Brian Gionta.
Tampa Bay's netminder, Antero Nittymaki, stops the Montreal Canadiens' Brian Gionta.
Tampa Bay's netminder, Antero Nittymaki, stops the Montreal Canadiens' Brian Gionta.
Tampa Bay's netminder, Antero Nittymaki, stops the Montreal Canadiens' Brian Gionta.

Nabokov pulls out all the stops as Sharks slaughter Penguins


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The San Jose netminder Evgeni Nabokov stopped 27 shots for his 49th career shutout as the Sharks crushed the Pittsburgh Penguins 5-0 in an early season clash of NHL division leaders on Saturday. Joe Pavelski, returning from a broken foot, joined Dan Boyle and Manny Malhotra as each delivered a goal and an assist to help the Pacific Division-leading Sharks remain unbeaten in five regulation games at home this season.

The San Jose coach Todd McLellen said of Pavelski's return: "He means so much to our team, a very intelligent player. He brings a calmness to the ice." Jamie McGinn and Dany Heatley also scored for San Jose. Pittsburgh, the Atlantic Division's top team and defending Stanley Cup champions, lost away for only the second time in nine games. McGinn and Pavelski, the latter on a power play, gave San Jose a 2-0 first-period lead. Boyle and Heatley made it 4-0 in the second with Heatley netting his 11th goal of the season. Malhotra scored on another power play in the third.

Elsewhere in the NHL, the New Jersey Devils made it eight away wins in a row at the start of the NHL season as they beat the Ottawa Senators 3-2. Goals from Zach Parise, David Clarkson and Andy Greene proved sufficient to defeat their hosts, who replied with scores by Milan Michalek and Brian Lee. The Carolina Hurricanes led the Columbus Blue Jackets heading into the third period but conceded three goals inside three minutes and went on to lose 3-2, a dismal 12th consecutive defeat for the Hurricanes.

Erik Cole had fired Carolina ahead in the first period, but strikes from Nikita Filatov, Jared Boll and Rick Nash meant a late goal from Tim Gleason was just a consolation. The Nashville Predators defeated the Los Angeles Kings 3-1, while the Tampa Bay Lightning beat the Montreal Canadiens by the same margin. The Washington Capitals beat the Florida Panthers 7-4, helped by two goals from Tomas Fleischmann, while the Toronto Maple Leafs were comfortably in control against the Detroit Red Wings, winning 5-1.

Also winning were the Boston Bruins, 4-2 against the Buffalo Sabres, and the Philadelphia Flyers, who beat the St Louis Blues 2-1 after a shoot out. The New York Islanders got off to a good start, scoring three times in the first period on their way to a 6-3 win against the Atlanta Thrashers, while the Minnesota Wild edged the Dallas Stars 3-2, the Anaheim Ducks beat the Phoenix Coyotes 4-3 and the Calgary Flames defeated the New York Rangers 3-1.

* With agencies

WISH
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COMPANY%20PROFILE
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The Melbourne Mercer Global Pension Index

The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.

WHAT%20START-UPS%20IS%20VISA%20SEEKING%3F
%3Cp%3E%3Cstrong%3EEnablers%20of%20digital%20services%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Crowdfunding%3Cbr%3E%E2%80%A2%20Banking-as-a-service%3Cbr%3E%E2%80%A2%20Banking%20identification%20number%20sponsors%3Cbr%3E%E2%80%A2%20Issuers%2Fprocessors%3Cbr%3E%E2%80%A2%20Programme%20managers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDigital%20issuance%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Alternative%20lending%3Cbr%3E%E2%80%A2%20Personal%20financial%20management%3Cbr%3E%E2%80%A2%20Money%20transfer%20and%20remittance%3Cbr%3E%E2%80%A2%20Digital%20banking%20(neo%20banks)%3Cbr%3E%E2%80%A2%20Digital%20wallets%2C%20peer-to-peer%20and%20transfers%3Cbr%3E%E2%80%A2%20Employee%20benefits%3Cbr%3E%E2%80%A2%20Payables%3Cbr%3E%E2%80%A2%20Corporate%20cards%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EValue-add%20for%20merchants%2Fconsumers%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Data%20and%20analytics%3Cbr%3E%E2%80%A2%20ID%2C%20authentication%20and%20security%3Cbr%3E%E2%80%A2%20Insurance%20technology%3Cbr%3E%E2%80%A2%20Loyalty%3Cbr%3E%E2%80%A2%20Merchant%20services%20and%20tools%3Cbr%3E%E2%80%A2%20Process%20and%20payment%20infrastructure%3Cbr%3E%E2%80%A2%20Retail%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESME%20recovery%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Money%20movement%3Cbr%3E%E2%80%A2%20Acceptance%3Cbr%3E%E2%80%A2%20Risk%20management%3Cbr%3E%E2%80%A2%20Brand%20management%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ENew%20categories%20for%202023%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Sustainable%20FinTechs%3Cbr%3E%E2%80%A2%20Risk%3Cbr%3E%E2%80%A2%20Urban%20mobility%3C%2Fp%3E%0A
Racecard

5pm: Al Maha Stables – Maiden (PA) Dh80,000 (Turf) 1,600m

5.30pm: Wathba Stallions Cup – Maiden (PA) Dh70,000 (T) 1,600m

6pm: Emirates Fillies Classic – Prestige (PA) Dh100,000 (T) 1,600m

6.30pm: Emirates Colts Classic – Prestige (PA) Dh100,000 (T) 1,600m

7pm: The President’s Cup – Group 1 (PA) Dh2,500,000 (T) 2,200m

7.30pm: The President’s Cup – Listed (TB) Dh380,000 (T) 1,400m

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

COMPANY%20PROFILE
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COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4

Abandon
Sangeeta Bandyopadhyay
Translated by Arunava Sinha
Tilted Axis Press 

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Three ways to boost your credit score

Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:

1. Make sure you make your payments on time;

2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;

3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.