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World - Brexit threatens £1 billion in research funding: study


A British vote to leave the European Union in next month`s referendum would put almost £1 billion in EU research funds to Britain at risk, a new study warned Wednesday. Competitive research funding from the EU and European Research Council to Britain amounted to £967 million (1.24 billion euros, $1.39 billion) in 2015, according to research company Digital Science. Britain is the second largest recipient of EU research funds after Germany, receiving £8.04 billion in the past decade compared to £8.34 billion for Germany.


Wednesday, May 18, 2016  11:57

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World - Burberry cuts cloth as profits slide


Luxury fashion group Burberry on Wednesday announced a fall in annual net profits, triggering a three-year programme of cost savings totalling at least £100 million ($144 million, 128 million euros) . Profits after tax dropped 8.0 percent to £309.5 million in its financial year that ended March 31 as the group was hit by weak performances in Hong Kong and Macau, the handbag and clothing company said in an earnings statement. Burberry, which last month warned that its new financial year would see profits at the bottom end of expectations, added Wednesday that it had `identified a programme of actions to deliver at least £100 million... cost savings` by 2019.


Wednesday, May 18, 2016  10:17

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World - Love him or hate him, Mourinho set for United


Jose Mourinho will be faced with a litany of problems once the polarising Portuguese manager finally starts his Manchester United reign later this week. Mourinho could be confirmed as United`s new boss as early as Wednesday after his agent Jorge Mendes met the club`s executive vice-chairman Ed Woodward for talks in London on Tuesday. The former Chelsea boss is reported to have been offered a three-year deal worth £15 million ($21 million, 19 million euros) per season and would be given a transfer war-chest of around £200 million to revive the troubled Premier League club following Louis van Gaal`s sacking on Monday.


Wednesday, May 25, 2016  02:16

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World - Cantona sideswipe as Mourinho closes in on Manchester United


Jose Mourinho is expected to be named as Manchester United`s new manager despite club great Eric Cantona saying incoming Manchester City boss Pep Guardiola would have been a better choice. Mourinho`s agent Jorge Mendes was in talks with United`s executive vice-chairman Ed Woodward in London on Tuesday after Louis van Gaal`s troubled two-year reign at Old Trafford ended with his sacking a day earlier. Former Chelsea boss Mourinho is reported to have been offered a three-year deal worth £15 million ($21 million, 19 million euros) per season and would be given a transfer war-chest of around £200 million to revive the troubled Premier League club.


Tuesday, May 24, 2016  20:58

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World - Rosberg ignores possibility of history ahead of Monaco Grand Prix


Nico Rosberg stuck to the professional sportsman`s most stubbornly-used credo on Wednesday, when he denied he was even thinking about equalling any records ahead of this weekend`s Monaco Grand Prix. The championship-leading German, who holds a 34-point advantage in the drivers` title race, has won the last three Monaco races and has a chance to do something on Sunday only previously achieved by Ayrton Senna. The great Brazilian won five in a row from 1989 -- and six in all ‚ and Rosberg, with a fourth consecutive win, would pull clear of Frenchman Alain Prost and Briton Damon Hill if he is successful.


Wednesday, May 25, 2016  19:21

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World - Manchester United hold day two of Mourinho talks


Manchester United were locked in a second day of talks with Jose Mourinho`s agents on Wednesday, hammering out a deal to sweep the controversial Portuguese boss into Old Trafford. The former Chelsea and Real Madrid manager has agreed personal terms on a three-year deal with a likely annual salary of at least £10 million ($15 million, 13 million euros) but issues remain over image rights, Sky News television reported. The 53-year-old is mulling a bid for Zlatan Ibrahimovic as one of his first moves in the job, according to media reports, after the star Sweden striker played his final game for French champions Paris Saint-Germain last week.


Wednesday, May 25, 2016  18:53

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World - Fresh Mau Mau damages claim against UK government in court


A lawyer for Britain`s government argued Wednesday it was too late to claim damages for 40,000 Kenyans who say they were tortured and abused by colonial officials during a state of emergency in the 1950s. The case being heard at London`s High Court pitches Britain`s Foreign Office against Kenyans who allege abuse during the 1952-60 Mau Mau rebellion against British rule. Britain announced in 2013 that it would compensate over 5,000 now elderly Kenyans in a deal worth nearly £20 million (26 million euros, $29 million) following a legal battle which lasted four years.


Wednesday, May 25, 2016  18:35

Yahoo

World - Manchester United hold day two of talks with Mourinho


A second day of negotiations to make Jose Mourinho the next manager of Manchester United are taking place Wednesday ahead of an expected announcement that he will take the job this week. The former Chelsea and Real Madrid manager has agreed personal terms on a three-year deal with a likely annual salary of more than £10 million (13 million euros, $15 million) but issues remain over image rights, Sky News reported. Mourinho is mulling a move for Zlatan Ibrahimovic as one of his first moves in the job, according to media reports, after the star Swedish centre-forward played his last game for Paris Saint-Germain last week.


Wednesday, May 25, 2016  10:05

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World - Christie`s fined over elephant ivory sale


Christie`s auction house has been fined £3,250 ($4,750, 4,270 euros) for selling a piece of elephant ivory without the correct documentation, London police said Tuesday. The silver-mounted tusk, put up for auction last year, did not have the right documentation under wildlife protection laws, a police statement said. A representative for the auction house pleaded guilty in London for selling the ivory, in contravention of an article in the Convention on International Trade in Endangered Species.


Tuesday, May 24, 2016  23:22

Yahoo

World - Liverpool sign Mainz goalkeeper Karius


Liverpool signed Germany Under-21 goalkeeper Loris Karius from Mainz on Tuesday for a fee reported to be £4.7 million ($6.8 million, 6.1 million euros). Karius agreed a five-year contract with the Premier League club and is expected to provide strong competition for Liverpool`s current first-choice goalkeeper Simon Mignolet. The 22-year-old has taken the number one shirt with the approval of Reds boss Jurgen Klopp, while the error-prone Mignolet currently wears number 22.


Tuesday, May 24, 2016  18:04

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