Tiger Woods says Steve Williams is “certainly not a racist”

WARNING: This story contains language some may find offensive. Tiger Woods has revealed he was hurt by Steve Williams's race comment but insisted his long-time former caddie "is certainly not a racist". Woods added: "It was a wrong thing to say.…

Joe Paterno reportedly will soon be out as Penn State

If Penn State’s Board of Trustees has, as reported, decided that Joe Paterno’s career as Penn State’s coach will end in this, his 46th season, then the move needs to be made immediately, prior to Saturday’s game against Nebraska. It then needs to…

FIFA upholds ban for Caribbean leader Austin

Caribbean football leader Lisle Austin has lost his appeal against a one-year suspension. FIFA says its appeals panel upheld Austin's ban for breaking football rules by seeking a court injunction against the governing body for North and Central…

FIFA rejects FA’s request

FIFA has again rejected the Football Association's request for the England team to wear poppies on its shirts during Saturday's game against Spain. The FA had asked for permission to wear poppies to support Remembrance Day. However,FIFA said…

Tendulkar reaches 15 000 runs for India vs Windies

Sachin Tendulkar passed 15 000 test runs as India closed in on a comfortable victory over West Indies in the first test at Ferozeshah Kotla Stadium yesterday. The world’s leading runscorer in tests and one-dayers became the first to touch the…

Credit Suisse to hand over US account tax details

Swiss bank Credit Suisse has sent letters to some US clients, saying their account details may be given to the Internal Revenue Service. It is unclear how many US clients have been notified, but it covers accounts open from 2002 to the end of last…

Record fine of $92.8m for insider trader Raj Rajaratnam

The jailed insider trader, Raj Rajaratnam, has been handed a record fine by the SEC in a civil case. A judge ordered the former founder of Galleon Group, a hedge fund, to pay $92.8m (£57.6m; 67m euro) in penalties. This comes on top of the $63.8m…

Canada delays balancing its budget

Canada's finance minister says he will not be able to balance the country's budget by 2014-15 as promised. Jim Flaherty blamed the European debt crisis for damaging Canada's outlook. The government set the date for achieving a budget surplus during…

China’s inflation rate eases for third straight month

China's inflation rate has slowed for a third straight month in October, as the government continues to try to cool economic growth. Consumer prices rose 5.5% in October compared with the same month a year earlier, the National Bureau of…

Vote Pushes Italian PM Toward Resignation

Italy, the world's seventh largest economy, is emerging as a new threat to the stability of the…