Yemen violence mars poll to replace Ali Abdullah Saleh

Violence in southern Yemen has marred an election to replace veteran leader Ali Abdullah Saleh. At least eight soldiers have been killed at southern polling stations despite a large army presence, after separatists called for a voter boycott. Half…

European shares edge lower after Greece bailout agreed

Europe's financial markets have given a muted reaction to the announcement of a second bailout deal for Greece. The euro was little changed from Monday's closing price, while leading European stock markets edged lower in morning trading. London's…

Wal-Mart fourth-quarter profits rise 5.4%

The world's biggest retailer, Wal-Mart, has reported healthy quarterly profits after a strong holiday season in its home market. For the three months to 31 January, Wal-Mart turned in a net income of $5.2bn (£3.3bn), up 3.4% compared with the same…

Oil price hits eight-month high

The price of oil has reached its highest level since June last year due to rising tensions over Iran's nuclear programme. Benchmark US light crude rose 1.7% to $105.01 a barrel and brent crude futures rose $1.14 to $120.72 a barrel. On Sunday, the…

Manchester United boosts revenues and cuts its debt

Manchester United says its revenues for the last six months of 2011 increased to £175m, as it released its latest financial figures. It is an increase of £18.5m on the Old Trafford club's revenues for the same period last year. The Premier League…

Kingfisher Airlines pledges to ‘restore flights soon’

India's loss-making Kingfisher Airlines has told the aviation authorities that it hopes to restore flight schedules in the next five to seven days. On Tuesday, the company's top officials met aviation regulators to discuss plans to end the…

Spurs beat Clippers 103-100 in OT on Neal’s key 3s

Gary Neal hit key 3-pointers in regulation and overtime, Tony Parker scored 30 points and the San Antonio Spurs held off the Los Angeles Clippers 103-100 on Saturday to earn their…

Ailing Arsenal beaten by Sunderland FA Cup

Arsenal are almost certain to finish without a trophy for the seventh year running after deservedly losing at Sunderland in the FA Cup fifth round. Fourth in the Premier League and facing likely elimination in the Champions League, Arsenal's…

Everton 2 Blackpool 0

Two early goals helped Everton comfortably beat Blackpool to reach the FA Cup quarter-finals for the second time in nine years. Royston Drenthe scored after 49 seconds from Marouane Fellaini's pass. Denis Stracqualursi then made it a dream start…

Leewards crushed by an innings by ruthless Jamaica

Luckless Leeward Islands plunged to another embarrassing defeat, yesterday, going down to rampant defending champions Jamaica by an innings and 201 runs at Sabina Park. The visitors, following on by 300 runs, could only last until an hour…