January 2, 2012
Former Liverpool & Everton defender Gary Ablett dies
Former Liverpool and Everton defender Gary Ablett has died at the age of 46 following a 16-month battle against non-Hodgkin's lymphoma. More to follow.
January 2, 2012
Former Australia captain Murray Barnes dies at 57
Former Australia captain Murray Barnes has died at the age of 57. Barnes skippered the Socceroos during their unsuccessful campaign to qualify for the 1982 World Cup in Spain. He won 51 caps, scoring nine goals, and won four domestic titles with his…
January 2, 2012
Victor Cruz continues rise to stardom
The Cowboys will hear that sound all offseason long — a haunting cry that will nestle into their souls and keep them up at night, lest they slip back into a nightmare. Cruuuuuuuuuuuuuuuuuuuuuzzzzzzzzz. Two-hundred-and-fifty-five players were…
January 2, 2012
Eurozone manufacturing decline persists, PMI survey says
Activity in the eurozone manufacturing sector fell for the fifth successive month in December, but showed a slight improvement on the previous month, a closely-watched survey suggests. The Markit eurozone manufacturing PMI was 46.9, up from…
January 2, 2012
Exxon wins $908m from Venezuela in oil dispute
Oil giant Exxon Mobil has won $908m (£586m) from an arbitration panel after the nationalisation of its Venezuelan oil project in 2007. However, this is less than 10% of what the oil giant had reportedly sought. The International Chamber of…
January 2, 2012
Hyundai and Kia predict slower sales growth in 2012
Hyundai and its affiliate Kia Motors have said they expect sales growth in 2012 to be sharply slower than 2011 due to the global economic downturn. The South Korean carmakers said they expect sales to rise by 6% next year to 7 million vehicles.…
January 2, 2012
India may ‘reverse’ monetary policy to boost growth
The Reserve Bank of India (RBI) has said it may ease its monetary policy amid fears of a global economic slowdown. Duvvuri Subbarao, the governor of RBI, told the BBC the bank is likely to shift its focus towards boosting growth. The RBI has raised…
January 2, 2012
China Hints at Loosening Exchange Rate
China's central bank governor hinted Saturday that the exchange rate for country's currency - the yuan - could be loosened in the near future. In an interview with the weekly magazine Caixin, Zhou Xiaochuan, governor of the People's Bank of…
January 2, 2012
Fiji Announces Lifting of State of Emergency
Fiji's military strongman Voreqe Bainimarama said Monday that he will lift a two-year state of emergency next Saturday and begin a process of drafting a new constitution leading to new elections in 2014. In his New Year's message, Mr. Bainimarama…
January 2, 2012
Nigeria fury as fuel prices double after subsidy ends
Ordinary Nigerians and trade unionists have condemned the government for withdrawing a fuel price subsidy which has led some petrol prices to double and many filling stations to stay shut. The BBC's Chris Ewokor in the capital, Abuja, says…