November 20, 2012
David Beckham to quit LA Galaxy next month
Former England captain David Beckham is leaving Los Angeles Galaxy next month after six years at the American Major League Soccer (MLS) club. He intends to quit after the season-ending MLS Cup final on 1 December. In a statement Beckham, 37, said:…
November 20, 2012
Usain Bolt may play football or cricket after 2016 Olympics
Sprint star Usain Bolt will not appear in this year's Big Bash Twenty20 League but may consider switching to cricket or football after the 2016 Olympics. The Jamaican, 26, held talks with Shane Warne's Melbourne Stars in October. But Bolt's agent…
November 20, 2012
Jamaica’s Reggae Boyz pitted against Cuba in Carib Cup
Jamaica's Reggae Boyz have been drawn in Group A of the Caribbean Football Union's (CFU) Caribbean Cup, along with French Guiana, Cuba and the Dominica Republic and a strong 30-man squad will be named on Friday, assistant coach Alfredo Montesso told…
November 20, 2012
Brazilian football star on trial for killing lover
The trial of a former football star charged with orchestrating the kidnapping and gruesome murder of an ex-girlfriend started yesterday with courtroom arguments that caused two lawyers to abandon the case, and with a tearful plea for justice from…
November 20, 2012
Australia’s Dan Christian banned for trashing changing rooms
Dan Christian has been banned for one match for smashing up a dressing room for the third time this season. The former Hampshire player, 29, trashed changing rooms after three successive dismissals for the West End Redbacks. "When blokes get out it…
November 20, 2012
HP: Autonomy lied about finances
Computer maker Hewlett Packard has asked US and UK authorities to investigate alleged misrepresentations before its takeover of UK software group Autonomy last year. This led to a $5bn (£3.1bn) charge in its latest quarterly accounts. HP said it was…
November 20, 2012
Greece: Eurozone ministers to make crunch decision
Eurozone finance ministers meet later to decide whether to release the next 33bn euros ($42bn; £27bn) of bailout cash needed by Greece to stay afloat. On the agenda will be a two-year delay to Greece's austerity programme, how to meet the country's…
November 20, 2012
UBS trader Kweku Adoboli guilty of fraud over £1.4bn loss
A City trader who lost £1.4bn ($2.2bn) of Swiss bank UBS's money has been found guilty of one count of fraud. Kweku Adoboli, 32, of Whitechapel, east London, denied four charges of false accounting and two of fraud between October 2008 and September…
November 20, 2012
IMF hails Dominican Republic’s tax reform, warns of slumping economy
The International Monetary Fund (IMF) on Sunday said the recently passed tax reform will contribute to make Dominican Republic economy less vulnerable, but cautioned that the economic performance has deteriorated and the private sector’s activity…
November 20, 2012
Total sells Nigeria Offshore Oil stake for $2.5B
French oil company Total SA said yesterday it had sold its stake in an offshore oil field near Nigeria for US$2.5 billion to China’s state-run firm Sinopec Corp, a sign of the growing Chinese thirst for the West African nation’s oil production.…