Robin Soderling, above, was rarely stretched by Laurent Recouderc in his first-round match.
Robin Soderling, above, was rarely stretched by Laurent Recouderc in his first-round match.

Soderling serves early marker



Robin Soderling sent out a strong message yesterday to the rest of the French Open field that he means business in his attempt to match last year's shock run to the final. The big-serving Swede had shown no previous pedigree on clay before last year's tournament, where he became the first man to beat Rafael Nadal at Roland Garros on his way to the final, where he eventually lost to Roger Federer.

The fifth seed started his bid in impressive fashion on the opening day of the French Open, convincingly saw off French player Laurent Recouderc 6-0, 6-2, 6-3 in their first-round match. The match proved one-sided as Soderling won the first nine games and when Recouderc finally got a game on the board by winning the 10th game, he gave a mock celebration to the Court Philippe Chatrier crowd. The canter in the French sunshine suited Soderling, who was pleased to have had things so easy.

"It's always nice to have a quick match in the early rounds," he said in the post-match press conference. "I got to hit a few balls. We had a few rallies. So it was a good match." The 25-year-old denied that he felt under pressure to match last year's form in Paris. He added: "I have to start over again. But of course it's always nice to come back to a place where you did well last year. It gives you good feelings."

The best match of yesterday's opening day saw eighth seed Jo-Wilfried Tsonga survive a huge scare to defeat Daniel Brands of Germany in five sets. The Frenchman lost the first set to his unseeded opponent, but rallied to win the next two before he lost a fourth set tie-break to be forced into a deciding set. Brands broke first to hold the advantage, but Tsonga, roared on by a partisan home crowd, broke back immediately, before getting the decisive break in the 12th game to seal a 4-6, 6-3, 6-2, 6-7, 7-5 win.

Marin Cilic, the 10th seed had a brief scare against Brazil's Ricardo Mello before he booked his place in the last 64 of the tournament. The Croatian, who reached the semi-finals of the Australian Open in January, cruised through the first set, but then lost his focus and dropped the second set. But the setback proved to be the wake-up call that Cilic needed as he ran through the next two sets for the loss of just four games to wrap up a 6-1, 3-6, 6-3, 6-1 victory.

Cilic said he had raised his game in the third set after his surprise setback. "The third set I think made a big difference in the mental approach to the match, and afterwards, it was much easier for me to play," he explained. "I could let few shots go and try something what I could do. The first match is always the one to try the things that you feel like, and to see where you are. So I think that was a good occasion to do it."

It was an easier day at the office for Mikhail Youzhny as the Russian 11th seed got the better of Poland's Michal Przysiezny 6-1, 6-0, 6-4. Guillermo Garcia-Lopez also reached the second round as the 32nd seed got the better of former world No 5 Rainer Schuettler in straight sets 7-5, 6-4, 6-2. Meanwhile, the man many experts had tipped to be a dark horse at Roland Garros, Ernests Gulbis, was forced to retire from his first-round match with Julian Benneteau when he trailed 6-4, 6-2, 1-0.

The Latvian had been in excellent form coming into the event, having pushed Rafael Nadal hard in Rome in the semi-final after beating Roger Federer, the world No 1, in the second round. But the 23rd seed was always struggling against Benneteau, losing the opening two sets before retiring with a hamstring injury. * Compiled by Graham Caygill, with agencies

How to get exposure to gold

Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.

A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.

Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.

Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.

London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long

However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.

Company Profile

Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

PROFILE

Name: Enhance Fitness 

Year started: 2018 

Based: UAE 

Employees: 200 

Amount raised:+$3m 

Investors: Global Ventures and angel investors 

The specs

Engine: 8.0-litre, quad-turbo 16-cylinder

Transmission: 7-speed auto

0-100kmh 2.3 seconds

0-200kmh 5.5 seconds

0-300kmh 11.6 seconds

Power: 1500hp

Torque: 1600Nm

Price: Dh13,400,000

On sale: now

Hydrogen: Market potential

Hydrogen has an estimated $11 trillion market potential, according to Bank of America Securities and is expected to generate $2.5tn in direct revenues and $11tn of indirect infrastructure by 2050 as its production increases six-fold.

"We believe we are reaching the point of harnessing the element that comprises 90 per cent of the universe, effectively and economically,” the bank said in a recent report.

Falling costs of renewable energy and electrolysers used in green hydrogen production is one of the main catalysts for the increasingly bullish sentiment over the element.

The cost of electrolysers used in green hydrogen production has halved over the last five years and will fall to 60 to 90 per cent by the end of the decade, acceding to Haim Israel, equity strategist at Merrill Lynch. A global focus on decarbonisation and sustainability is also a big driver in its development.

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed


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