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The race for the Spanish league title has already become something of a one-horse race, so well are Barcelona playing -and so far are they ahead.
Lionel Messi and company are 11 points ahead of Valencia, 12 ahead of Real Madrid and Sevilla, and 13 ahead of Atletico Madrid and Deportivo Coruna.
Therefore, the talk in Spain now about...
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Three weeks ago, Sevilla tried to bring Barcelona down to earth - and were hammered 3-0 at home.
Two weeks ago, Valencia tried to do the same - and crashed 4-0 in the Camp Nou.
Last Saturday came the turn of Real Madrid - who lost 2-0 in the Catalan capital.
All of which has prompted the following question in Spain: is there any...
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Football's controlling body FIFA on Friday said that the global economic crisis has not caused a problem for the organization.
"We are glad that the crisis has not touched FIFA. We are not Swiss for nothing. We are still a safe company," general secretary Jerome Valcke said.
Addressing a press conference in Johannesburg...
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Europe's freedom of movement laws mean make it highly unlikely that UEFA president Michel Platini will get his way by restricting foreign ownership of British clubs.
On Tuesday, the Frenchman attacked what he said was excessive overseas investment in the Premier League, claiming that the country's top clubs are losing their...
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Serie A side Roma may have to be placed on the market as their owners face pressure to pay back heavy debts by the end of the year, the repubblica.it website reported Tuesday.
Unicredit Bank is believed to have asked the club owners, the Sensi family, for a first payment of 130 million euros (176.5 million dollars) and will refuse any...
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For Atlanta’s
quarterback Michael Vick the problems just keep on coming his was. Or is it the
other way around?
Athletic shoe and sportswear manufacturers Nike Inc and
Reebok announced in a statement that they will suspend sales of products
endorsed by the famous quarterback following accusations the National Football
League star...
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Singapore Airlines says it will defend allegations by the watchdog Australian Competition and Consumer Commission (ACCC) that its cargo subsidiary was involved in an illegal international price-fixing freight cartel, ABC radio reported on Monday.
The ACCC claims a number of airlines fixed the price of a fuel surcharge on freight...
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A sex-crazed rhinoceros that smashed through the steel bars of its pen in search of female company had to be shot with a tranquilizer dart to keep him within the bounds of Adelaide's Monarto Zoo.
Monarto chief executive Chris West said keepers used a helicopter to locate the white rhino called Satara in the open-range zoo while...
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Leighton Holdings Ltd, Australia's biggest construction company, on Thursday reported a 35-per-cent jump in profits, mostly on a rise in contract mining.
Leighton, which is 55-per-cent owned by Germany's Hochtief AG and delivers around 70 per cent of its profits, said profit rose to 607 million Australian dollars (520 million US...
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A New Zealand woman on an oxygen machine died after her electrical power was cut off by the supplier because of her unpaid bills. The power company, Mercury Energy, said it had been unaware of the woman's condition, but the police said they were investigating the circumstances of Mrs Muliaga's death.However, the woman's family has quite...
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Buoyed by strong first-quarter sales to Latin America, Monsanto, the world's largest provider of agriculture and biotechnology products, on Wednesday boosted its profit projections for the ongoing fiscal year.
The company reported that in the first quarter, ending November 30, of the 2008/2009 fiscal year, net sales rose 29 per cent...
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One game after making history, the Boston Celtics' record-setting run is history.
Kobe Bryant scored 27 points and Spain's Pau Gasol had seven of his 20 in the final three minutes of a game-sealing 13-2 run on Thursday as the Lakers snapped the Celtics' franchise-best 19 game- winning streak, with an inspired 92-83 home-court...
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Investment bank Morgan Stanley on Wednesday reported sharp fourth-quarter losses and reductions in year-on-year income for the business year that ended November 30, continuing the fallout from the economic crisis.
The company reported that its income for the year came to 1.8 billion dollars, compared with 2.6 billion dollars the...
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Investment bank Morgan Stanley on Wednesday reported sharp fourth-quarter losses and reductions in year-on-year income for the business year that ended November 30, continuing the fallout from the economic crisis.
The company reported that its income for the year came to 1.8 billion dollars, compared with 2.6 billion dollars the...
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A culture of bribery and impunity flourished at German corporate giant Siemens AG over the past decade despite repeated warnings from outside and inside the firm, according to US court documents.
The details were released Monday as Siemens pleaded guilty in US District Court in Washington to a massive global corruption scandal...
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Troubled media giant Tribune Company is consulting with bankruptcy experts to consider its options in the face of 13 billion dollars in debt and plummeting advertising revenue, the Chicago-based firm said late Sunday.
In an article on the website of its flagship newspaper, the Chicago Tribune, a spokesman described an "uncertain...
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Troubled US web portal firm Yahoo! is in negotiations to buy Time Warner Inc.'s AOL business, the financial news agency Bloomberg reported on Thursday.
Yahoo!, which earlier in the week rejected a 47.5-billion-dollar takeover bid by Microsoft in a move that saw the resignation of CEO Jerry Yang, is according to Bloomberg bidding for...
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US aircraft manufacturer Boeing is to delay its deliveries by 10 weeks in the wake of a two-month strike by its mechanics, the Wall Street Journal reported Wednesday.
The first of its customers had already been informed, the newspaper said, quoting industry insiders. Orders for some 3,700 jetliners were affected.
Boeing has since...
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Jerry Yang, who helped kick start the internet revolution in 1995 as co-founder of web portal Yahoo, is stepping down as the company's chief executive.
The announcement by the ailing internet giant came after months of falling revenue, fierce proxy battles and a series of botched negotiations that scuttled what now seems to have been...
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US retail giant Wal-Mart reported Thursday that its surplus in the third quarter gained nearly 10 per cent, but that the company is now more cautious about its full-year prospects amid the economic downturn.
The Bentonville, Arkansas-based company said its surplus came to 3.14 billion dollars in the quarter, on sales of 98.64 billion...
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US cable channel HBO has bought the rights to a documentary about president-elect Barack Obama, produced by Oscar- nominated actor Edward Norton, the Hollywood Reporter said Friday.
A crew for Norton's Class 5 Films has been following the African- American politician since early 2006 - even before he announced his intention to run...
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Ford Motor Co on Friday reported a third- quarter operating loss of 2.98 billion dollars and said it would cut jobs and spending to preserve its perilous cash reserves.
One of the US' "Big Three" automakers, Ford said it used up 7.7 billion dollars in cash as revenues plunged.
The losses reported by Ford, the...
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US media giant Time Warner Inc. on Wednesday reported a drop in third quarter earnings, and lowered its 2008 profit expectations, citing the costs of restructuring.
The world's largest media company said net income came to 1.07 billion dollars in the third quarter, off slightly from 1.09 billion dollars in the same 2007...
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US mobile-phone maker Motorola Inc on Thursday reported a loss of 397 million dollars for the third quarter of 2008, down from a profit of 60 million dollars in the same quarter of 2007, despite a financial restructuring plan.
Sales fell by a more-than-expected 15 per cent to 7.5 billion dollars, Motorola reported from its...
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The world's largest publicly traded oil company, Exxon Mobil, reported the largest quarterly profit in US history Thursday on the back of record oil prices.
Exxon earned 14.83 billion dollars in the quarter, an increase of 60 per cent on the same quarter of 2007.
Sales increased by 35 per cent to 137.74 billion dollars in the same...
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Microsoft released key details Tuesday of the next generation of software that it hopes will run the world's computers.
The software giant, whose dominance is under threat, said Windows 7 will replace the disappointing Windows Vista in January 2010.
Microsoft said the new operating system was designed to function like a tighter...
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US military spokesmen confirmed that Taliban rebels shot down a US helicopter in central Afghanistan Monday, while three US-led soldiers died in suicide and roadside attacks elsewhere in the country, officials said.
The helicopter crew engaged with Taliban fighters on the ground in Wardak province, about 50 kilometres west of Kabul...
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The world's largest package delivery company UPS has adjusted expectations of annual earnings after profits for the third quarter dropped 10 per cent, the company reported on Thursday.
The company blamed higher fuel costs and the general US downswing for the reduced profits, which came despite a 7.4-per-cent gain in revenue through...
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Insurance giant American International Group Inc, bailed out of a cash-flow crisis last month by a loan that temporarily made the US government its majority shareholder, said Monday that it would stop lobbying in Washington.
A spokesman said that the company's Washington office would continue to monitor federal lawmaking to assess...
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New York state's attorney general has threatened legal action against financially troubled insurer AIG unless it takes steps to "review, rescind and recover all past unreasonable expenditures."
The move comes as US authorities are starting to investigate the behaviour of multiple financial companies in the wake of the...
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Merrill Lynch reported its fifth straight quarter of losses Thursday as it registered a 5.2-billion-dollar loss for the third quarter of 2008.
Merrill Lynch, which is facing a takeover by the Bank of America, attributed its losses to continued writedowns on bad loans.
The losses reported Thursday compare with third-quarter 2007...
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US banking giant JPMorgan Chase reported Wednesday net income of 527 million dollars in the third quarter of 2008, plunging 84 per cent year-on-year.
But the results were better than analysts' predictions, remaining in the black despite the severe financial industry and subprime mortgage crisis sweeping the US banking sector.
The...
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The Department of Justice has released a report announcing that federal immigration agents made a criminal search warrant at a poultry processing plant in Greenville, South Carolina, and arrested nearly 300 workers. The federal agents went to the Columbia Farms at 9 a.m. after 10 months during which they tracked down numerous employment...
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On Monday, the police forced the front door of the Rajarams. Neighbors alerted the officials because they had noticed that no one was picking the newspaper no more and no activity seemed to be done neither inside nor outside their house. Friends called the police and what they had found inside was a terrible picture of a grotesque...
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Ending a bidding war, the US pharmaceutical concern Eli Lilly intends to take over the US biotech firm ImClone for 6.5 billion dollar, the two companies said Monday in new York.
ImClone shareholders must approve the offer.
Eli Lilly beat out its US rival Bristol-Myers Squibb, which had raised its offer to 5.4 billion dollars....
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A possible compromise in the takeover battle for ailing Wachovia bank was in the making, with the two takeover rivals, Citigroup Inc. and Wells Fargo & Co. considering a deal to divide up the the bank, the Wall Street Journal reported Monday.
The newspaper said the two banks, with officials of the Federal Reserve and the US...
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Addie Polk, 90, has been living in her house in Ohio for 38 years when she tried to kill herself because she had been evicted. She shot herself and found lying on the floor inside her house when the police came on Wednesday to serve an eviction note. Akron police spokesman Lt. Rick Edwards said on Friday that Polk shot herself in her...
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In a surprise development, Wells Fargo bank and the fourth-largest US bank Wachovia Corp. announced Friday that Wells Fargo had entered the bidding with an offer for a complete merger with Wachovia.
The announcement said Wells Fargo had presented Wachovia with a signed and board-approved offer to buy Wachovia as an intact company in a...
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US pharmaceuticals giant Pfizer Inc. is closing out the early-stage development of at least 11 medications in order to focus on more profitable drugs, media reports said Tuesday.
The financial newswire Bloomberg cited a memo sent to employees on September 25 in which the world's largest drug company would be ending the early...
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The US chemical concern DuPont announced Tuesday that it was elevating executive vice president Ellen Kullman to the position of president as of October 1 and chief executive officer effective January 1, 2009.
The 52-year-old Kullman, who has worked for DuPont since 1988, is to replace Charles O Holliday Jr, a 38-year veteran of the...
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Nine days have passed since hurricane Ike hit the Gulf Coast and destroyed the way to New York. Still, more than 820,000 people in Texas were cut off the power on Monday. The Center Power Energy Inc, which controls most of the Huston area’s electricity, had 767,000 customers in Texas without power. Yet, the number is small, remembering...
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The decision by Morgan Stanley and Goldman Sachs - the last two major US investment banks still on their feet - to become bank holding companies signals the end of high-wire finance on Wall Street.
After a year of turmoil in the financial industry that climaxed last week with bankruptcies and government takeovers, the two companies...
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US stocks fell sharply on Wall Street's opening bell Wednesday after the Federal Reserve agreed to make an 85-billion- dollar emergency loan to struggling insurance giant American International Group Inc (AIG).
The Dow Jones Industrial Average fell more than 200 points, some 2 per cent, within minutes of trading. The broader Standard...
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The largest US investment bank Goldman Sachs Group Inc on Tuesday announced that third-quarter profits dropped 70 per cent to 845 million dollars, but stressed the company was doing better than its competitors.
The earnings compare to a 2.9 billion dollar profit for the same quarter in 2007, the bank said in a statement from New York....
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Banking shares led a sharp decline on the Frankfurt stock exchange Monday, as European markets reacted with extreme nervousness to the bankruptcy of US bank Lehman Brothers.
Commerzbank fell most, declining 11.6 per cent to 15.47 euros, as the DAX index of the top 30 shares fell 4.1 per cent to 5980. During Monday's trading it hit a...
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On Sunday a tragic accident took place on the Bay Bridge. A tractor-trailer fell into the Chesapeake Bay leaving its driver dead and closing the bridge during one of the busiest weekends of the year. The accident happened at about 4 a.m. during the two-lane traffic on Bay Bridge.The busiest lane was stretched to 11 miles by afternoon on...
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US mortgage bank Fannie Mae reported on Friday a second quarter loss of 2.3 billion dollars, higher than previously predicted.
The loss amounted to 2.54 dollars a share, and marked the fourth straight quarter of losses for the US bank. The company recorded a 1.86 dollar gain in the same period a year ago.
Fannie Mae reduced its...
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A Dublin-based genealogy firm has traced US presidential hopeful Barack Obama's Irish roots back to the 17th century, and there is even circumstantial evidence that his ancestors hailed from Cashel, the seat of the High Kings of Ireland.
During Obama's campaign to become the Democratic Party candidate for the US presidency earlier...
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Matthew O’Sullivan, 37, of Los Angeles, California, was charged with first-degree criminal sexual act on Wednesday. O’Sullivan is an employee at the company that produces the video series of “Girls Gone Wild.” His accusations came after he had groped a woman aboard a bus outside a New York bar called Nubar. On Tuesday night, the “Girls...
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According to Dave Neil, the Iowa Labor Commissioner, labor officials have identified 57 under-age employees working at the Agriprocessors kosher meatpacking plant situated in Postville, Iowa, and have required the attorney general to bring criminal charges against the corporation for child labor violations.“The investigation brings to...
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Yesterday, a Raytheon Hawker 800 small airplane crashed in Minnesota while it was preparing to land at the regional airport in the area. The crash killed all eight people who were on board. Among them, there were casino and construction executives.Officials who are investigating the crash believed there were nine people on board...
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A swimming pool company president was accused on Monday of
second-degree murder with regard to the drowning of a 6-year-old boy whose arm
was caught by the suction of a powerful drain pump. David Lionetti, Shoreline
Pools President, was liberated on $25,000 bail. However, if he is found guilty
of the criminal act, he will confront a...
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Sgt. Alex Jimenez and Pvt. Byron W. Founty were found in Iraq. Above all hopes of their families for them to come back alive, they ended their life fighting for their country. All that came back from Iraq was both of their remains.Sgt. Alex Jimenez was 25 years old and was on patrol on May 2007, near Yusufiva, Iraq. His Army unit,...
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The Salt Lake Tribune reports
that the burglarized tapes which contain around 1.5 million health care billing
data, Social Security numbers and medical procedure codes were retrieved on
Tuesday.
Investigators in the case said
Wednesday they received a call which led detectives to University of Utah
billing records that were...
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Long Island’s popular Jones Beach
was evacuated on Saturday after state parks officials reported that unexploded
fireworks washed up on shore subsequent to a Fourth of July show.
As soon as the firecrackers came into view, the lifeguards
and parks staffers asked the approximate 2,000 visitors to abandon the area in
order to...
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A military spokesman said on Saturday that a soldier at Fort Bragg
in North Carolina
was the primary suspect in the death of a pregnant servicewoman. The victim,
Spc. Megan Lynn Touma, aged 23, was found dead in the bathtub of a motel a week
ago. Her body was found after a maintenance supervisor inspected a strange odor
he smelled...
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Fayetteville’s authorities are now investigating the death
of a seven months pregnant soldier found dead in a motel. Her corpse was found
Sunday morning, after the police received a phone call regarding an intense
odor coming from the room where the woman accommodated.
Two days after finding the body, Spc. Megan Lynn Touma...
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Maryland
state prosecutors raided the home of Baltimore Mayor Sheila Dixon yesterday, as
part of an investigation regarding her financial dealings during her tenure as
City Council president. Arriving at 6:30 a.m., the investigators’ team left
Mayor Dixon’s house with six cardboard boxes and a large cooler on wheels seven
hours...
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The European Union on Thursday decided to send experts to Ukraine to provide independent information on the flow of Russian natural gas supplies to Europe as top officials from Kiev and Moscow arrived in Brussels to lobby for EU support in their gas row.
The EU is "establishing a team which will travel to Ukraine and Russia to...
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Slovakia's carmakers halted or limited production Thursday, a side effect of Russia's decision to cut off natural gas supplies flowing to western Europe via Ukraine.
A Kia plant in Slovakia, which churns out 700 cars a day, halted production Thursday morning, spokesman Dusan Dvorak confirmed. A Peugeot plant decided to slash one of...
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City managers in the Ukrainian capital Kiev on Tuesday began energy conservation measures because of falling supplies of natural gas, officials at the power company Kievenergo said.
Kiev residents, for their part, were resorting to tried and true methods of beating the cold, as yet another gas war with Russia and a vicious cold snap...
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German carrier Lufthansa said Thursday that was not interested in taking a stake in Italian airline Alitalia.
A spokesman for the German airline said it had not made a bid for Alitalia, but had put forward a concept for cooperation with the airline group Star Alliance, of which Lufthansa is a member.
The spokesman was commenting on...
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Ratiopharm, one of Germany's best-known drug companies, was put up for sale Wednesday, two days after its struggling owner committed suicide by throwing himself under a train.
Adolf Merckle, 74, a billionaire who was formerly Germany's fifth- richest man, killed himself Monday after months of pleading with banks to throw him a...
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Europe tapped into its gas reserves and began taking emergency steps Wednesday after Russia cut all supplies to the continent via Ukraine amid an escalating dispute between Moscow and Kiev.
Hungary, Italy, Austria, Slovakia, Greece, Turkey and most of the Balkan nations were among the hardest hit by the drop in Russian gas, which has...
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Europe tapped into its gas reserves and began taking emergency steps Wednesday after Russia cut all supplies to the continent via Ukraine amid an escalating dispute between Moscow and Kiev.
Hungary, Italy, Austria, Slovakia, Greece, Turkey and most of the Balkan nations were among the hardest hit by the drop in Russian gas, which has...
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Russia cut its supply of natural gas to Austria by 90 per cent Monday night, Austrian oil and gas supplier OMV AG said Tuesday.
The reduction came amid Ukraine's conflict with Russian state gas company Gazprom, which pipes its gas to Western Europe through the Ukraine.
OMV would be able to keep up its delivery to end customers by...
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A temporary ban on the practice of short-selling imposed at the height of the banking crisis last September will be lifted by mid-January as planned, the Financial Services Authority (FSA) in London said Tuesday.
The regulatory body said that the three-month ban would expire on Jnauary 16, but could be reinstated if...
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Russia on Tuesday cut by two-thirds its gas deliveries to Europe via Ukraine, with European countries immediately feeling the effect of drastically falling volumes as the standoff worsened.
Russia's Tuesday gas supply reduction, the second since the beginning of 2009, would cause "problems in getting sufficient gas to Europe to...
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Russian natural gas supplies to the Czech Republic dropped by 75 per cent early Tuesday amid the ongoing gas row between Russia and Ukraine, a gas importer said.
Martin Chalupsky, a spokesman for country's leading gas importer and distributor, RWE Transgas, described the drop as "serious" but said that the company is able...
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The amount of natural gas piped into western Hungary from Austria fell on Tuesday as a result of Russia cutting supplies to Ukraine in an ongoing dispute over pricing, said Hungary's gas distributor in a statement.
The situation illustrates how the spat between Ukraine and the Russian state gas company Gazprom is having a knock-on...
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The Czech Republic's natural gas deliveries dropped for the second day Monday as a gas row between Russia and Ukraine continued, a gas importer said.
Martin Chalupsky, a spokesman for the country's leading gas importer, RWE Transgas, said the firm on Monday received 9.5 per cent less gas than ordered for the day.
He said that...
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Russian Prime Minister Vladimir Putin on Monday gave the go-ahead to further cut gas to Ukraine by 65.3 million cubic metres per day - the amount Moscow says Kiev is stealing from European clients further downstream.
Gazprom chief executive Alexei Miller proposed the measure while briefing Putin on the standoff since the company shut...
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Russia on Monday said it will further cut gas to Ukraine by 65 million cubic metres per day, the amount Moscow says Kiev is stealing from European clients further downstream.
Gazprom cheif executive Alexei Miller proposed the measure while briefing Prime Minsiter Vladimir Putin on the standoff since the company shut off supplies to...
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Financially troubled prestige china and crystal firm Waterford Wedgwood announced Monday that parts of its business in Ireland and Britain had been placed into administration.
The Anglo-Irish group, with a history of 250 years, is best known for its Wedgwood pottery and Royal Doulton and Waterford crystal.
It said Monday...
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Russian gas export monopoly Gazprom Monday warned European customers of a potential shortage in gas supplies, as Ukraine dug in its heels on a pricing dispute with the Kremlin.
"We cannot rule out that the present position of the Ukrainian party and possible steps it may resort to - linked to gas transit through Ukrainian...
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The German-born director of the Salzburg Festival, Juergen Flimm, has been appointed to the prestigious post of manager of Berlin's showcase opera house, the Staatsoper, officials announced Monday.
Announcing the 67-year-old Flimm's appointment, Berlin's Mayor Klaus Wowereit praised him as a major force in the German-speaking theatre...
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German turbine maker Siemens said Monday it had won a major order from Iraq for 16 high-efficiency gas turbines costing 1.5 billion euros (2.1 billion dollars).
Iraq's ministry of electricity is struggling to end constant power outages and restore damaged oil and gas-fired power stations.
Siemens, the Munich-based conglomerate...
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Representatives of striking Hungarian airport workers handed over a petition on Monday to the German Embassy in Budapest, in a bid to ensure that the German-owned company operating Ferihegy International Airport adheres to European labour regulations.
Some fifty striking airport workers gathered in front of the German Embassy to...
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The Catalan media have gone into overdrive on Monday in their praise for record-breaking Barcelona.
Barca's 2-1 win away to Villarreal on Sunday, which has broken several records, is front-page news in every Catalan paper on Monday morning.
The new records established by Josep Guardiola's slick side are as follows:
- seven...
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Rail passengers faced another day of confusion and frustration in Hungary on Monday as a nationwide strike by railworkers entered an eighth day.
A spokesman for Hungary's state-owned rail company MAV announced that one of Budapest's three main railway stations was at a complete standstill, while only a few trains were running at the...
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Three quarters of Dutch nationals expect the value of their homes to drop in the coming months, according to the results of an internet survey released Monday.
Marketing and research company Booz & Company and MarketResponse Nederland BV and published on Monday, said 73 per cent of the survey's 1,067 respondents said they thought...
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| The European Union's executive on Monday approved the takeover of British nuclear generator British Energy by French power firm Electricite de France (EdF) as long as the | | | |