Water bike challenge: Battle of the siblings

Princess Charlene and Gareth Wittstock will go head to head for The Crossing: Calvi – Monaco Water Bike Challenge, as sister is pitted against brother in the extraordinary awareness-raising event.
On 12th and 13th September, two teams of four athletes will go up against each other, relaying over a distance of 180 kilometres between Calvi and Monaco.
It has now been revealed that Princess Charlene will lead team Serenity while her brother Gareth Wittstock, General Secretary of the Princess Charlene of Monaco Foundation, will lead team Notorious.
Yannick Angel, French swimmer and Ambassador of the Princess Charlene of Monaco Foundation, will join team Serenity with the Princess. With two gold medals at the London Olympic Games in 2012 and three world champion titles to his name, Yannick is a specialist in the sprint and middle-distance freestyle events.
The remaining team members’ identities are likely to be revealed over the coming days, although we do know from his Instagram posts that World Champion Fighter Conor McGregor will be competing. Whether he will side with team Serenity or team Notorious is yet to be revealed.
The aim of the challenge is to raise awareness about drowning prevention. “It will also be an opportunity for the athletes to nurture their team spirit and to honour the values of sport cherished by H.S.H. Princess Charlene,” said her Foundation.
 
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Prince hosts tribute concert at the Palace

Prince Albert has honoured the people of Monaco who remained mobilised during the Covid-19 crisis with a special invitation-only summer concert at the Palace.
The second and last concert of the summer performed by the Monte-Carlo Philharmonic Orchestra was held on Thursday 6th August in the Cour d’Honneur of the Palace.
Prince Albert invited the health personnel, NGOs, workers, public service employees and traders from Monaco who had remained mobilised and at work throughout the period of confinement linked to the Covid-19 pandemic.
Ahead of the classical concert, the Prince personally thanked the “courageous people for their unwavering commitment” on behalf of the people of Monaco.

The concert was conducted by Juraj Valcuha assisted by virtuoso violinist Maxim Vengerov.
Works by F. Schreker, F. Mendelssohn, G. Bizet and R. Chedrine were performed.
 
Photos: A. Bastello / Prince’s Palace
 
 

Seven companies who turned Covid into cash

It is generally being said, and shown, that this year’s epidemic has been catastrophic for business, but some companies have managed to turn hefty profits despite the downturn. Here are seven who have thrived against the odds.

Lockdown brought on by the global health crisis was not just the beginning of the end, it was the actual end for many businesses around the world. Many others who were able to hang in there were forced to lay off employees, restructure or borrow heavily just to stay afloat.

Amidst the gloom and doom, though, there were some winners, a few no-brainers and a few dark horses, who not only survived, but thrived, seeing share values on their stocks soar and profits go through the roof. These companies happened to be particularly suited to lockdown or pandemic situations in sectors such as e-commerce, pharmaceuticals, or those who specialise in digital tools that facilitate communication and telecommuting.

In a report by Business Insider, Amazon came out a huge winner in the e-commerce realm. Second quarter profits were $5.6 billion, about double the previous year. The company is benefitting from a rise in e-commerce and its popular cloud service. Sales rose 40% from April to June and share prices have leapt by 70% since the start of the year, making owner Jeff Bezos – already the richest man in the world – even richer, and his shareholders smiling all the way to the bank.   

Companies that deal in health and it’s protection have also seen massive climbs. Top Glove, a latex glove manufacturer, has seen share prices appreciate by 500%. Sartorius Stedim Biotech, a company whose products are used in making vaccines for anti-viral drugs, has seen an 18% increase in sales as well as a 27.8% jump in orders. British pharma company Synairgen Laboratory has had an astounding 3,000% rise in share prices since the beginning of the year. This massive surge is due in part to news in July that they have had good results for an investigational drug that is being tested for treating the most severe form of Covid-19.

One of the surprise winners of this period was Elon Musk’s Tesla. The electric car maker not only remained profitable during the first half of 2020, garnering profits totalling about $86 million, but it surpassed Toyota by becoming the automaker with the world’s highest market capitalisation.

Zoom, once a small player in the videoconferencing world, was able to take advantage of the shift toward working from home during and since the health crisis, to see a rise in turnover equalling 169%, about €328 million, in the first quarter of the year. At its peak in April, 300 million people were using the service every day. Share prices have jumped by 290%, making the California-based company a big success story, especially as they were up against behemoths such as Google Meet, Skype for Business, WebEx from Cisco and Teams from Microsoft for market share. 

Netflix also came out big, but it is a mixed bag. The value of the American-based company has grown by more than 55% since January, gaining 26 million new viewers in that same time period. This is almost as many new members as in all of 2019.

But as the shock of the crisis wears off, the company is seeing less in the way of new membership and has fallen below Wall Street expectations, with shares earning $1.59 per share rather than the anticipated $1.81. Nonetheless, the company saw second quarter profits hit €720 million.

 
 

Aussies are in, Kenya’s Kipruto is out

Seven Australian athletes have received permission to come to Monaco to compete this weekend in the biggest track and field event held since the pandemic. Conversely, Kenyan Olympic star Conseslus Kipruto has sadly tested positive for Covid, eliminating him from the event.

Long-distance runners Stewart McSweyn and Ryan Gregson will anchor the seven-strong Australian contingent who are set to arrive in Monaco on Thursday, just days ahead of the Diamond League races in the Principality this weekend.

The athletes will take Covid tests at their base in the UK on Tuesday and again on Thursday upon arrival to Monaco before being given the green light to race. If all goes well in the Principality, the Australians will stay on in Europe to compete in other meets.

Meanwhile, Kenya has suffered a disappointment as their star runner, Conseslus Kipruto, is unable to compete having tested positive for the Covid virus. Despite the fact that the Olympic and world 3,000 metre steeplechase champion is exhibiting no symptoms, he has been denied entry into Europe to compete.

Kipruto, whose personal best for the 3,000 event is eight minutes .12 seconds, said he was in top shape and ready to compete before the news. His dream of beating the world record, currently held by another Kenyan, Qatari Saif Saaeed Shaheen, will simply have to wait. It is possible he will be able to retest and if found negative, participate in later events.

 
 

70th Anniversary GP’s surprise win

Sunday’s 70th Anniversary Grand Prix at Silverstone was an unexpectedly exciting race, with Red Bull’s Max Verstappen taking his first victory of the year and Ferrari’s Charles Leclerc coming in fourth after racing an excellent race.
Max Verstappen held off the dynamic duo from Mercedes, points leader Lewis Hamilton and pole leader Valterri Bottas, for a win at the 70th Anniversary Grand Prix at Silverstone track in England on Sunday.
The Dutchman pitted twice and fought hard to keep his Mercedes rivals at bay, giving him his ninth career victory and his fourth consecutive podium finish this season. The win is partly credited to his decision to use hard tyres for the start of the race, but also can be attributed to the skill of Verstappen and the speed of his car.
Bottas and Hamilton were out in front at the start but were soon outraced by Verstappen who, from lap 26, was able to keep the Mercedes duo at bay with a roughly two second lead.
Leclerc had a rough go of it in the qualifiers, where he was in eighth position, but he quickly showed what he’s made of once the race began. His one-stop strategy worked well for him, his car seemed to be on top form, plus he was driving exceptionally well, allowing him to come in fourth.
“We need to analyse to understand why we were so quick because I don’t really understand,” Leclerc saidafter the race. “Today was very impressive. I don’t know where we found that pace but we were very, very quick on the hard tyres, especially towards the end of the stint, so I’m extremely happy with the job we’ve done today.”
 
 
Photo: by Formula 1