Stephen Curry missed a long three-pointer to try and tie it with 5.3 seconds left and the Golden State Warriors suffered their first home defeat in more than 14 months, losing 109-106 to the Boston Celtics on Friday night to snap an NBA-record 54-game winning streak in the regular season at Oracle Arena.
That included 36 straight home wins to start this season. Golden State hadn’t lost at home since a 113-111 overtime defeat to the Chicago Bulls on January 27, 2015.
Now, the Warriors (68-8) must win five of their final six games to break the 1995/96 Bulls’ record of 72 wins.
Isaiah Thomas made a driving layup with 8.3 seconds left on the way to 22 points for Boston. He scored 18 of his points in the third quarter when Curry got hot from three-point land.
Shaun Livingston hit two free throws with 46.9 seconds left to get Golden State within two at 105-103, then Draymond Green wrestled the ball away from Amir Johnson moments later for his sixth steal and Golden State called timeout. But Green lost the ball with 23.9 seconds left.
Read more: Jonathan Raymond on how the Boston Celtics' rapid renaissance is rooted in a proven style – Golden State's
Evan Turner made a pair of free throws with 18.1 seconds to go before Harrison Barnes’ baseline three on a dish from Curry.
But Curry’s final look from long range fell short on a night he had been spectacular from beyond the arc. Barnes grabbed the offensive rebound and missed on a desperation heave with 0.2 seconds left.
Curry went coast to coast and behind his back for a layup to make it 103-101 with 1:29 to go. Boston answered once more, this time on Turner’s jumper.
Curry shimmied and swiveled his hips, celebrating as three-pointers kept finding the net – he made eight of them to score 29 points – and for a change that wasn’t enough for the sloppy defending champs, who couldn’t overcome 22 turnovers that led to 27 points for the Celtics.
Green tried to rally the Warriors on his own. In order, he had a three-point play, a three-pointer and a putback with 3:58 left that pulled the Warriors within three at 99-96.
Trailing 82-79 going into the fourth marked just the Warriors’ sixth deficit after three quarters at home this season.
Marcus Smart’s three-pointer with 8:41 left put the Celtics up 93-83, and Smart took an elbow to the chin from Barnes in the backcourt with 7:20 left. Every play like that mattered for the Celtics to accomplish what no other team had done in so long.
And Boston did it in the second game of a back-to-back no less following Thursday’s 116-109 loss at the Portland Trail Blazers.
Golden State won the first meeting on December 11, 124-119 in two overtimes in a game featuring 22 lead changes and 16 ties as the Warriors improved to 24-0. They lost at the Milwaukee Bucks the next night for the first defeat after a record-setting start.
April Fool’s
At shootaround Friday morning, Steve Kerr told Green he wasn’t playing against the Celtics.
That joke went nowhere.
“It didn’t get much of a laugh and Draymond glared at me, so it didn’t go over well,” Kerr said. “I told him I was going to give him the night off because he needed a rest. He just glared at me. I said, ‘April Fool’s,’ and nobody laughed, and I said, ‘All right, it’s time to start practice’.”
Green hit two three-pointers to start the game.
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Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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LA LIGA FIXTURES
Thursday (All UAE kick-off times)
Sevilla v Real Betis (midnight)
Friday
Granada v Real Betis (9.30pm)
Valencia v Levante (midnight)
Saturday
Espanyol v Alaves (4pm)
Celta Vigo v Villarreal (7pm)
Leganes v Real Valladolid (9.30pm)
Mallorca v Barcelona (midnight)
Sunday
Atletic Bilbao v Atletico Madrid (4pm)
Real Madrid v Eibar (9.30pm)
Real Sociedad v Osasuna (midnight)
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
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2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
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Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
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Brief scores:
Toss: Sindhis, elected to field first
Kerala Knights 103-7 (10 ov)
Parnell 59 not out; Tambe 5-15
Sindhis 104-1 (7.4 ov)
Watson 50 not out, Devcich 49
Bharatanatyam
A ancient classical dance from the southern Indian state of Tamil Nadu. Intricate footwork and expressions are used to denote spiritual stories and ideas.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million