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PARIS (Reuters) -Shareholders in Vivendi applauded on Tuesday the French media giant's plan to spin off its $39 billion Universal music business, underpinning Vincent Bollore's grip on the group and ignoring concerns expressed by several funds. Bluebell Capital Partners and investment fund Artisan Partners said the transaction was unfavourable to some investors, setting the stage for what could have been a standoff between the French tycoon and some minority shareholders. Instead, the proposal to spin-off Universal Music Group (UMG), which involves distributing 60% of Universal's shares to Vivendi shareholders, received more than 99% of the votes in favour. Vivendi plans to list Universal, valued at 33 billion euros ($39 billion) by its parent company, in Amsterdam in autumn. The group said Universal could make its market debut on Sept. 21. Bollore, Vivendi's controlling shareholder with a 27% stake, would be one of the first beneficiaries of the transaction after listing the ... » Learn More about Bollore scores win as Vivendi investors back $39 billion Universal spin-off

GROS ISLET, St Lucia: West Indies captain Kraigg Brathwaite called on Tuesday on himself and his fellow batsmen to show more fight in their next test series after his team were comfortably beaten by South Africa in Saint Lucia. South Africa won the second test by 148 runs on Monday to complete a 2-0 sweep after victory by an innings and 63 runs in the first. Both matches were played at the Daren Sammy Cricket Ground, where West Indies failed to score more than 165 runs in any of their four innings. "Our plan was to bat better and build partnerships, have consistent partnership in between but we didn't have any. We didn't do our job as batsmen and we let the team down," Brathwaite said on Tuesday. "You cannot win them all but you still want to show fight and determination as batters, which we didn't." Roston Chase, with 62 in the first test, and Kieran Powell, with 51 in the second, were the only Windies players to score half centuries. West Indies host Pakistan in ... » Learn More about Cricket-Windies captain wants more fight from batsmen after series defeat

SOUTHAMPTON, England: Rain delayed the start of day five's action in the final of the World Test Championship (WTC) between India and New Zealand in Southampton on Tuesday. The contest has already lost two full days to rain on England's south coast, diminishing hopes of a result in the inaugural final of test cricket's pinnacle event. Wednesday has been allocated as a reserve day to make up for lost time with a maximum of 196 overs to play. New Zealand will resume on 101-2, having taken the upper hand after their all-seam attack bowled out India for a below-par 217. Captain Kane Williamson, batting on 12, and Ross Taylor, who is yet to score, would hope to erase the 116-run deficit and push for a handy first-innings lead when play resumes. (Reporting by Amlan Chakraborty in New Delhi; editing by Alex Richardson) ... » Learn More about Cricket-Rain delays day five start in WTC final

MADRID: Spain have pledged to store former Netherlands player Rafael van der Vaart's scathing assessment about their shaky start in Euro 2020 in their memory banks should they come up against the Dutch later in the tournament. Van der Vaart, a pundit for broadcaster NOS during the tournament, said Spain's performances so far have been "horrible" and they "only know how to pass the ball from one side to the other" after the 2008 and 2012 champions only managed to draw their first two games against Poland and Sweden. The former Real Madrid and Real Betis midfielder, who failed to stop Andres Iniesta scoring the only goal in the 2010 World Cup final, has caused a stir in the Spanish media and his comments also irked the players, who returned fire. "Van der Vaart wanted his moment of glory and he is having it," said Spain midfielder Koke on Spanish radio station Cadena COPE. "I saw him in the World Cup final, and here at our training base we have a picture of Iniesta's goal ... » Learn More about Soccer-Spain hit back after Van der Vaart’s “horrible” taunt

AMSTERDAM: Netherlands striker Donyell Malen would be disappointed not to start his country's last 16 match at the European Championship after bursting onto the tournament stage in the last two games, he said on Tuesday. The 22-year-old made an immediate impact after coming on in the second Group C game against Austria last Thursday and started Monday's clash against North Macedonia, being involved in the opening goal of the 3-0 win in Amsterdam. The Dutch finished top and now move onto a last 16 clash in Budapest on Sunday against an opponent yet to be decided. "I would be disappointed if I didn't play in Budapest, that would be naturally human, right?" he told a news conference on Tuesday. "But it is the coach who decides who plays. We still have enough training sessions in which to try and make it as difficult as possible for the trainer to not leave you out." Coach Frank de Boer has tried several options alongside lead attacker Memphis Depay, but Malen said he was ... » Learn More about Soccer-Malen chasing starting berth as Dutch look ahead to last 16

Ferrari's French Grand Prix problems showed a long-standing weakness with front-tyre wear has not gone away and they need to fix it for next season, according to team boss Mattia Binotto. Sunday's (Jun 20) race at Le Castellet was the first time Ferrari had failed to score this year, with Spaniard Carlos Sainz 11th and Monegasque Charles Leclerc 16th. They had qualified fifth and seventh respectively, with Leclerc on pole at the two previous races in Monaco and Azerbaijan, but Ferrari ended the weekend dropping from third to fourth overall in the constructors' championship. "We have not been capable of making the tyres work as we should have done and I think our performance was really strictly linked to the tyres, the way we made them work," Binotto told reporters. Le Castellet did not host a race last year due to the COVID-19 pandemic but Binotto said hot conditions and high speed corners putting a lot of energy into the tyres had been a problem in the past. "We should ... » Learn More about Formula 1: Ferrari grappling with excessive front-tyre wear problem

The following is a press release by St. Mark’s International School. Their statements are their own. St Mark’s International School has signed an agreement with the Western Australian  Government’s Education Authority to launch a new university admissions program in  Thailand. BANGKOK, THAILAND, June 22 – St Mark’s International School has become the first school in  Thailand to offer a 16-month university admissions program by partnering with the Schools Curriculum and Standards Authority of Western Australia, providing Thai students with the same pathway to higher education as their Australian cohorts. In a statement, the Australian Ambassador to the Kingdom of Thailand, His Excellency Allan McKinnon said, “Thailand and Australia have been important partners in trade, investment, and now education.  So it’s great news that from 2021, the Australian High School Curriculum has become available in  Thailand.” The International education system in Thailand has evolved ... » Learn More about The Australian Tertiary Admissions Exams Now Available In Thailand

BANDAR SERI BEGAWAN (Borneo Bulletin/ANN): The second phase of Brunei Darussalam’s Covid-19 vaccination programme for teachers, childcare staff and adults at high risk or suffering from chronic diseases commenced on Monday (June 21), at nationwide inoculation centres. The second phase of the programme will run parallel with the first phase for frontliners, students going abroad and senior citizens aged 60 and above. Yesterday, scores of people lining up to receive their first shots were inoculated with the Moderna vaccine, which arrived in the country from Spain on Sunday. One of them was 79-year-old Kon Kui Lan, who told the Bulletin, “It was so quick and painless, I didn’t realise that it was already over.” Another recipient, Selina Lim, said, “If we are entitled to the jab, then just take it. We have to do our part in protecting others.” Han, 62, who decided to go to the Indoor Stadium of the Hassanal Bolkiah National Sports Complex at the last minute, said, “I didn’t feel ... » Learn More about Brunei begins second phase of Covid-19 vaccination drive

LONDON: Hedge funds have rarely been more bullish about the outlook for oil in the last three years, even as prices have climbed to levels that have induced a strong response from producers in the past. Hedge funds and other money managers purchased the equivalent of 26 million barrels in the six most important petroleum futures and options contracts in the week to June 15, according to exchange and regulatory data. Last week's purchases were focused on Brent (+22 million barrels) and NYMEX and ICE WTI (+9 million), with small buying in European gas oil (+4 million), although there were sales of U.S. diesel (-1 million) and U.S. gasoline (-8 million). The combined position rose to 945 million barrels, only exceeded twice in the last 140 weeks – at the end of 2019 and start of 2020 after the trade truce between China and the United States but before the pandemic. Net positions in both crude (746 million barrels) and products (199 million barrels) were in the 83rd-84th ... » Learn More about Column – Oil bulls bet on restraint by OPEC+ and US shale firms: Kemp

LONDON: Inter Milan have signed Turkey international Hakan Calhanoglu on a free transfer from city rivals AC Milan, the Italian Serie A champions announced on Tuesday. The 27-year-old midfielder signed a three-year deal with Inter after helping Milan finish second in Serie A and securing Champions League football after a gap of seven years. Calhanoglu, who joined Milan from Bayer Leverkusen in 2017 after a three-year spell at the German Bundesliga club, scored four goals and provided 10 assists in 33 league appearances for the side in 2020-21. Calhanoglu was part of the Turkey side who were knocked out of the European Championship after finishing bottom in Group A, scoring only once and failing to win any of their three games. ... » Learn More about Football: Inter sign Calhanoglu from rivals AC Milan