September 5, 2012
Cowboys most valuable NFL team at $2.1 billion
The Dallas Cowboysare the first American sports franchise worth more than $2 billion, according to Forbes magazine. The NFL's most valuable team for the sixth consecutive year, the Cowboys saw their overall worth increase 14 percent to $2.1 billion.…
September 5, 2012
Sharapova beats Bartoli to reach US Open semi-finals
Third seed Maria Sharapova recovered to beat Frenchwoman Marion Bartoli and reach the semi-finals of the US Open. Play resumed on Wednesday with the 2006 champion trailing 4-0 in the first set, which she proceeded to lose 6-3. But Sharapova took the…
September 5, 2012
NFL donates $30 million for medical research, player safety
The NFL announced a $30 million donation to the National Institutes to Health on Wednesday, the largest in the league’s history, reports NFL.com. The funding is going to be used at the discretion of National Institutes to Health, which is part of…
September 5, 2012
Longer working week suggested for Greece
Greece's international lenders have suggested measures including increasing the maximum working week to six days. It is one of several unofficial proposals to liberalise the labour market and increase government revenue, contained in a paper seen by…
September 5, 2012
Lufthansa cancels flights as crew stage third strike
Lufthansa has cancelled hundreds of flights on Friday as cabin staff stage another one-day strike at Germany's three busiest airports. The strike was called by the UFO union late Wednesday for Frankfurt, Munich and Berlin airports. Lufthansa has…
September 5, 2012
Deepwater Horizon: BP accused of gross negligence
The US Justice Department has accused BP of "gross negligence and wilful misconduct" over the Deepwater Horizon disaster, claims which BP denies. The allegations came in papers filed in the federal court in New Orleans. The Deepwater Horizon rig had…
September 5, 2012
Facebook: Mark Zuckerberg not to sell shares for a year
Mark Zuckerberg has said that he will not sell any of his shares in Facebook for at least one year in a bid to shore up investor confidence. His pledge came as Facebook shares hit an all-time low of $17.55 on Tuesday. There have been fears that as…
September 5, 2012
Obama Arrives for Democratic Convention
U.S. President Barack Obama is in Charlotte, North Carolina for the Democratic National Convention, a gathering of his staunchest supporters he hopes will propel him to re-election to a second term in the White House. Mr. Obama arrived in the…
September 5, 2012
Tropical Storm Strengthens Into a Hurricane
Forecasters have upgraded Tropical Storm Leslie into a hurricane. The National Hurricane Center in Miami said in its midday forecast Wednesday that Leslie was about 750 kilometers south of Bermuda and moving very slowly to the north. Top sustained…
September 5, 2012
Egypt, Turkey criticizes Syria Assad
Egypt's president says Syrian leader Bashar al-Assad must learn from “recent history” and step down before it is too late, while Turkey's prime minister said Syria has become a “terrorist state” carrying out massacres against its own people.…