Usain Bolt plays down Justin Gatlin’s London 2012 chances

Usain Bolt has dismissed suggestions former Olympic champion Justin Gatlin will provide the biggest challenge for his 100m crown at London 2012. Gatlin, who won 2004 gold in Athens before a four-year drugs ban, clocked 9.87 seconds in Doha…

Agnieszka Radwanska ousts Venus Williams

Former world number one Venus Williams followed her sister Serena out of the French Open, losing 6-2 6-3 to third seed Agnieszka Radwanska in round two. Unseeded Venus, the seven-time Grand Slam winner now ranked 53 following illness, was beaten…

Gayle not ruling out return for third Test

Estranged West Indies batsman Chris Gayle has not ruled out making himself available for the third Test of West Indies’ ill-fated tour of England but says a meeting with the West Indies Cricket Board on Sunday will take priority. The former…

Eurozone: ECB says no countries ready to join

The European Central Bank (ECB) has said that none of the eight countries that are supposed to join the euro are ready yet. The verdict comes amid growing fears over the future of the currency itself amid the worst crisis it has faced. It said…

Facebook shares dip below $29 to new low

Facebook shares have dipped below $29 for the first time since their flotation to a new low. The shares were launched at $38 less than two weeks ago during its high-profile flotation, which valued the firm at $104bn (£66bn). Since then, Facebook's…

European Commission suggests bank bailouts

The European Commission has proposed that money set aside for helping governments should be used to bail out ailing banks directly. The commission also pushed for more integration through a euro-wide "banking union" and a single deposit…

Premier League club wages climb to new highs

The proportion of income that Premier League clubs spend on wages hit a new high in the 2010-11 season, says a Deloitte report into football finance. Clubs in England's top football league paid some 70% of their income on salaries for the first…

Graff delays $1bn Hong Kong listing as market declines

Graff Diamonds has delayed its $1bn (£646m) share sale in Hong Kong citing adverse market conditions. The firm was in the process of meeting investors and was expected to end its share offer later this week. It was set to be the biggest in Asia…

New Killings in Syira; US Hints at Bypassing UN

United Nations observers in Syria have raised new allegations of execution-style killings with the discovery of 13 bound corpses as the United States hinted that continued slaughter in the violence-torn country could prompt outside military…

6 Year-Old Girl Youngest Contestant Ever in Spelling Bee

Can you spell “dirigible?” Six year-old Lori Anne Madison can — and her skills won her a spot as the youngest contestant ever to compete in the annual National Spelling Bee. 278 boys and girls from ages six to 15 competed in the first round near…