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Yahoo

Sports - McIlroy boils over, Holmes leads by two shots


(Reuters) - Rory McIlroy lost his cool while J.B. Holmes began and ended his day with ugly sixes but produced some excellent golf in between for a two-shot lead after the WGC-Cadillac Championship`s second round in Miami on Friday. Four strokes in front overnight after opening with a blistering 10-under-par 62 on the daunting Blue Monster course, American Holmes followed up with a one-over 73 to retain control of the elite World Golf Championships (WGC) event. Fellow American Ryan Moore was alone at seven under after a 71 with Australian Adam Scott, who is using a conventional short putter this week for the first time in four years, a further stroke back with a 68. `You`re trying to shoot the best score possible and sometimes you do things that you wish you hadn`t,` McIlroy told Golf Channel after a round that included six birdies and four bogeys.


Saturday, March 07, 2015  01:16

Yahoo

Sports - Holmes two shots clear at challenging Doral


(Reuters) - American J.B. Holmes began and ended his day with ugly sixes but produced some excellent golf in between to establish a two-shot lead after the second round of the WGC-Cadillac Championship in Miami on Friday. Four strokes in front overnight after opening with a blistering 10-under-par 62 on the daunting Blue Monster course, Holmes followed with a one-over 73 to retain control of the elite World Golf Championships (WGC) event. Fellow American Ryan Moore was alone at seven under after carding a 71 with Australian Adam Scott, who is using a conventional short putter this week for the first time in four years, a further stroke back after shooting a 68.


Saturday, March 07, 2015  00:04

Yahoo

World - Egyptian strikes kill 25 militants in two days: sources


By Yara Bayoumy CAIRO (Reuters) - Egyptian air strikes have killed 25 militants in North Sinai over the last two days, security sources said, targeting an insurgency that seeks to topple the Cairo government. North Sinai is the epicenter of an Islamist insurrection that has killed hundreds of police and soldiers since then-army chief Abdel Fattah al-Sisi ousted Islamist president Mohamed Mursi in July 2013 after mass protests against his rule. The air raids on Friday hit two houses south of the Sinai town of Sheikh Zuweid, killing 10 militants from Ansar Beit al-Maqdis - which renamed itself Sinai Province after pledging allegiance to Islamic State - the security sources said.


Friday, March 06, 2015  23:28

USATODAY

NBA - Clippers sign Jordan Hamilton to 2nd 10-day contract


Clippers sign forward Jordan Hamilton to 2nd 10-day contract


Saturday, March 07, 2015  01:16

Yahoo

World - Government sells stake in Eurostar


The government has reached an agreement to sell its entire stake in the Eurostar train service between London, Brussels and Paris, the treasury said in a statement on Wednesday. The stake is to be sold for a total of £757.1 million, part of a push to raise £20 billion in privatisation sales to reduce Britain`s debt. Canadian institutional fund manager Caisse de depot et placement du Quebec (CDPQ) and Britain-based fund Hermes Infrastructure have agreed to purchase the government`s 40 percent stake for £585.1 million. `It`s great that we have reached an agreement to sell the UK`s shareholding in Eurostar that delivers a fantastic deal for UK taxpayers that exceeds expectations,` Chancellor George Osborne said in a statement.


Wednesday, March 04, 2015  09:16

Yahoo

World - Barclays bank ramps up foreign exchange rigging costs


Barclays on Tuesday ramped up the size of costs it expects to face over its alleged role in the rigging of foreign exchange markets, tipping the troubled lender into a loss last year. It has set aside £1.25 billion ($1.92 billion, 1.72 billion euros) `for ongoing investigations and litigation relating to foreign exchange`, including £750 million for the final quarter of 2014, the bank said in an earnings statement. Barclays had announced in October a provision of £500 million for any eventual costs and fines linked to the probes. The latest announcement from Barclays -- which was at the heart also of the 2012 Libor interbank interest-rate rigging scandal -- comes as global regulators investigate the alleged rigging of foreign exchange (forex) markets around the world.


Tuesday, March 03, 2015  16:09

Yahoo

World - Barclays bank slides into annual net loss


Barclays fell into a net loss last year, the British bank said Tuesday, hit by huge costs linked to its alleged role in the rigging of foreign exchange markets. Barclays reported a loss after tax of £174 million ($268 million, 239 million euros) for 2014 compared with a net profit of £540 million the previous year. It has set aside £1.25 billion `for ongoing investigations and litigation relating to Foreign Exchange`, including £750 million for the final quarter of 2014, the bank said in an earnings statement. Barclays had announced in October a provision of £500 million for any eventual costs and fines linked to the probes.


Tuesday, March 03, 2015  08:05

Yahoo

World - QPR announce reduction in losses


English Premier League strugglers Queens Park Rangers on Monday announced a loss of £9.8 million ($15m, 13.4m euros) for the year ending May 2014, when they won promotion back to the top flight. In addition, QPR said £60 million in loans from shareholders had been written off, and the new figures come as something of a boost with the club under threat of a significant fine from the Football League for breaching their Financial Fair Play regulations. `In addition, the club`s shareholders reiterated their long-term support for the club by strengthening the club`s balance sheet by writing off £60 million of shareholder loans. `The club`s shareholders and directors are of the opinion that the club is moving in the right direction and on track with its mid-term and long-term business plans.


Monday, March 02, 2015  14:23

Yahoo

World - UK government sells 1% stake in Lloyds bank for £500 mn


The British government has sold a 1.0-percent stake in state-rescued Lloyds Banking Group for £500 million ($769 million, 677 million euros) under plans to return it to private ownership, the Treasury said on Monday. The sale has trimmed the government`s stake from 24.9 percent to just under 24 percent, the ministry said in a statement. Britain still owns a large chunk of Lloyds after bailing it out with £20 billion of taxpayers` cash at the height of the 2008 global financial crisis. The government initially took a 39-percent share of Lloyds and has so far raised almost £8.0 billion selling bits of its holding.


Monday, February 23, 2015  09:03

Yahoo

World - Telecoms group BT raises £1.0bn to help buy EE


British telecoms and TV firm BT has raised about £1.0 billion via a shares sale to help fund its takeover of mobile operator EE, it said Thursday. The company had agreed one week ago to purchase EE for £12.5 billion in a cash-and-shares deal partly funded by a £1.0-billion rights issue.


Thursday, February 12, 2015  18:28

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