Month: May 2011

May 25, 2011

James, Bosh, Wade carry Heat over Bulls, 101-93

Dwyane Wade was ailing, so LeBron James and Chris Bosh more than picked up the…

May 25, 2011

Tiger Woods expects his injuries to heal before US Open

Tiger Woods expects he will be "ready to go" for the US Open in mid-June despite injury problems with his knee, Achilles, calf and back. Woods has been using crutches and wearing a protective boot on his left leg to ensure he will be fit. But the…

May 25, 2011

Usain Bolt set to start season, and ready for Tyson Gay

Olympic 100m champion Usain Bolt is confident he can beat rival Tyson Gay over 100m this…

May 25, 2011

French Open: Kim Clijsters wins on return to Paris

World number two Kim Clijsters made heavy weather of her first French Open appearance in five years, overcoming Anastasiya Yakimova 6-2 6-3. Clijsters conceded a break on the verge of victory, before finally disposing of the Belarusian in 80…

May 25, 2011

Pakistan beat West Indies to square Test series

Pakistan completed a 196-run victory over West Indies in St Kitts to square the two-Test series at 1-1. Pakistan 272 & 377-6 dec v West Indies 223 & 230 by 196 runs Resuming at 130-5 in pursuit of an unlikely 427, the Windies lost Brendan Nash in…

May 25, 2011

US Treasury agrees to sell $5.8bn worth of AIG shares

The US Treasury has agreed to sell part of its stake in American International Group (AIG), as…

May 25, 2011

Foreign investment into Europe jumps thanks to US

Foreign investment into Europe grew sharply in 2010 to reach levels not seen since the global financial crisis began, a survey suggests. This resulted in a record number of projects funded, while the number of jobs these helped to create rose by…

May 25, 2011

US new home sales rise in April

US new home sales rose for the second month in a row in April, climbing 7.3% on the month before, figures show. April sales came in at a seasonally adjusted annual rate of 323,000 homes, the Commerce Department said, which was stronger than analysts…

May 25, 2011

Greece default would hurt other countries, says Moody’s

Any Greek debt default would likely hurt the credit rating of other peripheral eurozone countries, the ratings agency Moody's has warned. In a statement on the impact of a potential default, Moody's said such a default would also hurt Greek……

May 25, 2011

Chrysler repays $7.6bn in government loans

US car giant Chrysler has repaid $7.6bn (£4.7bn) in US and Canadian government loans that helped it stay afloat in 2009, six years ahead of schedule. The repayments include $5.9bn to the US and $1.7bn to Canada. Plummeting sales forced Chrysler,…