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World - LSE says first-quarter revenues boosted by IPOs

A boom in stock market flotations helped boost revenues for the London Stock Exchange Group by a fifth in the first quarter of its financial year, it said on Wednesday. Revenues surged 20 percent to £299.9 million ($514 million, 280 million euros) in the three months to the end of June, compared with £249.7 million in the same period a year earlier, LSEG said in a results statement. Total income grew 16 percent to £323.9 million, lifted also by clearing house unit LCH.Clearnet, in which LSEG bought a majority holding in 2012. The group`s capital markets division posted a particularly strong performance, the operator of Britain`s main exchange and Italy`s Borsa Italiana said.

Wednesday, July 16, 2014  17:30


World - Negredo facing three months out - Pellegrini

Manchester City striker Alvaro Negredo will be out for up to three months after breaking a bone in his foot, manager Manuel Pellegrini has revealed. `Alvaro had surgery today (Tuesday) on his broken foot and he will probably be out for two or three months,` Pellegrini said, in comments reported on the club website. Negredo, 28, fractured the fifth metatarsal bone in his right foot during City`s 2-1 win over Hearts in a friendly in Edinburgh on Friday. Negredo signed from Sevilla last year for a fee of around £16 million ($27.3 million, 20.3 million euros).

Wednesday, July 23, 2014  11:48


World - Button surprised by Hamilton move

Jenson Button said he was surprised at his former McLaren team-mate Lewis Hamilton‚ s strange driving on Sunday after the pair survived a minor collision during the German Grand Prix. The two made contact when Hamilton thought that the 2009 champion had decided to give him room to pass at the hairpin. Hamilton sustained damage to his front wing, but was able to continue and passed Button one lap later on lap 31 during his first charge through the field. Hamilton, the 2008 champion, said: ‚ I had a bit of collision with Jenson, but I thought he was letting me past -- my bad judgement there.‚

Sunday, July 20, 2014  20:10


Sports - McIlroy`s father set to profit from Rory 10-year Open bet

Rory McIlroy can do his father proud, and make him much richer, on Sunday by winning the British Open at Hoylake. For 10 years ago, 25-year-old McIlroy`s dad Gerry and three friends each placed a £100 ($170, 125 euros) bet at odds of 500/1 that his son would become Open champion before he turned 26. On Sunday he will take a six-shot lead into the final round at Hoylake and few people would bet against him winning again despite the last day collapse that cost him the Masters title in 2011 when he led by four before Sunday. One punter stands to earn a £80,000 ($135,000, 100,000 euros) windfall if he closes the deal, according to British bookmakers Ladbrokes.

Saturday, July 19, 2014  22:26


World - West Ham swoop for Ecuador`s Enner Valencia

English Premier League side West Ham United agreed a deal on Thursday to sign Ecuador international forward Enner Valencia from Pachuca of Mexico subject to the successful granting of a work permit. West Ham announced on their official website that they had agreed an undisclosed fee with Pachuca and that Valencia, 25, will sign a five-year contract at Upton Park. Reports in England suggest the transfer fee will come close to the club record sum of £15 million (⠬18.9 million) paid for striker Andy Carroll last summer. Formerly of Ecuadorean side Emelec, Valencia only joined Pachuca in January this year but his excellent performances at the World Cup generated widespread interest from clubs in Europe.

Thursday, July 17, 2014  17:01


Sports - Athletics make 10-year Oakland stadium lease deal

The Oakland Athletics announced a 10-year lease extension deal with the city council to continue playing Major League Baseball games at the team`s 48-year-old home ballpark. The Alameda County Board of Supervisors will meet next Tuesday to consider the deal but are expected to approve the plan that will ensure the team remains in Oakland. `We are pleased to hear today that the A`s owners are agreeing to the terms the City Council approved last week for a 10-year lease extension,` Oakland mayor Jean Quan and city council president Pat Kernighan said in a joint statement.

Wednesday, July 23, 2014  04:28


Top Stories - Marrakech: Top 10 amazing attractions

Morocco`s Red City is crammed with stunning gardens, shaded souks and steamy bath houses.

Wednesday, July 23, 2014  09:35


Most Recent - Marrakech: 10 amazing attractions

Wednesday, July 23, 2014  08:14


World - Liberty Global says buys ITV stake from BSkyB

US cable giant Liberty Global said on Thursday it has bought a 6.4-percent stake in ITV, Britain`s largest free-to-air commercial television broadcaster, from BSkyB for £481 million ($824 million, 610 million euros). Colorado-based Liberty Global, which has made a string of European acquisitions in recent years, added in a statement however that it did not intend to make an offer to acquire ITV. Liberty Global has purchased 259.8 million ITV shares at 185 pence per share from pay-TV giant BSkyB.

Thursday, July 17, 2014  12:33


World - London`s revamped Imperial War Museum remembers WWI lives

The Imperial War Museum in London reopens its doors Saturday after a £40-million refit, with a new permanent exhibition dedicated to the experiences of British civilians and soldiers from across the Commonwealth in World War I. `Each of the objects on display will give a voice to the people who created them, used them or cared for them,` said Diane Lees, director-general of the museum.

Thursday, July 17, 2014  06:30

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