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Business - McDonald`s to slow Russia expansion due to fall in rouble

By Maria Kiselyova MOSCOW (Reuters) - McDonald`s Corp. will open fewer new restaurants in Russia this year than last because a fall in the rouble has increased expansion costs and is hurting consumers, its Russian chief executive Khamzat Khasbulatov told Reuters. The rouble, hit by a drop in oil prices and Western sanctions over Ukraine, has fallen more than 50 percent since early 2014, fuelling inflation. Russia now faces its first recession since 2009. McDonald`s will open at least 50 new restaurants in Russia compared to 73 last year, having earmarked 6 billion rubles ($87 million) for capital expenditures, the same amount as in 2014, Khasbulatov said in an interview.

Saturday, January 31, 2015  18:00


World - Sturridge strikes on Reds return while United go third

Daniel Sturridge put nearly five months of injury frustration behind him by coming off the bench to score in Liverpool`s 2-0 win at home to West Ham in the Premier League on Saturday. Raheem Sterling broke the deadlock in the 51st minute at Anfield before Sturridge, a 67th minute replacement for Lazar Markovic, marked just his fourth Liverpool appearance of the season by slotting home 10 minutes from time as the Reds bounced back from their League Cup semi-final loss to Chelsea.

Saturday, January 31, 2015  17:42


World - Panama kicks out ex-Colombian spy chief to face charges at home

Panama on Saturday expelled a former Colombian intelligence chief, Maria del Pilar Hurtado, to face charges at home of illegally intercepting phone calls from opposition Colombian lawmakers. The Ministry of Public Security said in a statement that Hurtado had been handed over to Colombian authorities at Panama City airport and flown to Colombia in custody. Hurtado is accused of illegal violation of communications and abuse of public function between 2007 and 2009 while she was the head of the now-extinct Department of Administration and Security (DAS). She had received political asylum in Panama in 2010, but the Panamanian government revoked it last year, although she was not immediately detained.

Saturday, January 31, 2015  16:29


World - 54 arrests at Austrian far-right ball demo

Police arrested 54 people after violence broke out as thousands protested against a ball organised by far-right groups and politicians in the Austrian capital of Vienna, local media reports said on Saturday. According to estimates, 5,000 - 9,000 people flooded into central Vienna on Friday to denounce the `Akademikerball` (`Academics` Ball`) at the former imperial winter palace, the Hofburg. The ball -- part of Vienna`s traditional ball season which is currently in full swing -- is organised by the far-right, eurosceptic and anti-immigration Freedom Party (FPOe), the third-largest in parliament. Austrian police had this year prohibited some of the 15 anti-right demonstrations that had been planned, after scuffles between police and left-wing activists at last year`s event left 20 people injured.

Saturday, January 31, 2015  15:53


Sports - McIlroy in a class of his own in the desert

By Bernie McGuire DUBAI, (Reuters) - Rory McIlroy was in a class of his own on Saturday, seizing a four-shot lead with a six-under-par 66 after the third round of the Dubai Desert Classic. Denmark`s Morten Orum Madsen (66), chasing his second European Tour win, was in second place on 200, two ahead of Britain`s Lee Westwood (69). `I felt like today, for the first time this week, I struggled a little bit but felt like I kept it together nicely and didn`t drop any shots on the way in,` said the 2009 Dubai Desert Classic winner.

Saturday, January 31, 2015  15:34


Sports - McIlroy leads by four in Dubai

Rory McIlroy gave the field a sliver of hope as he unexpectedly struggled on the back nine of his third round Saturday, but even then he will go into the final day of the Dubai Desert Classic leading by four shots. McIlroy took apart the front nine of the Majlis course with five birdies in his first eight holes, but could add just one more to the tally in his last 10 holes. His three-day total now stands at 20-under par 196, four better than 26-year-old Dane Morten Orum Madsen, who shot a similar bogey-free 66 in the third round. Scotland s world number 34 and the defending champion, Stephen Gallacher will have his task cut out if he wants to join a select club of five players who have won the same tournament three successive times.

Saturday, January 31, 2015  14:58


World - London shares fall as BT shells out to fill pension fund hole

London shares were lower in early trade on Friday as index heavyweight BT sank after the telecoms giant revealed the hole in its pension fund has swelled to £7 billion. The benchmark FTSE 100 index fell 29.79 points or 0.44 percent to 6,780.81 points at 9:54 am. `The FTSE is off as it struggles to keep up with the optimism of the eurozone equity indices,` said Alastair McCaig, market analyst at IG. BT shares shed 2.07 percent to 420.20 pence as the company said a new valuation of the pension fund showed that the deficit has swollen to £7 billion from £3.9 billion at the last valuation in 2011.

Friday, January 30, 2015  10:39


World - Thai firm buys Sheffield Wednesday

English second-tier club Sheffield Wednesday announced on Thursday that they have been taken over by Thai food company the Thai Union Frozen Group. Wednesday said that the firm have bought 100 percent of the club`s shares from previous owner Milan Mandaric`s company UKFI Limited. Businessman Dejphon Chansiri, whose family control the Thai Union Frozen Group, told the Wednesday website: `I am very excited at the prospect of taking over control from Milan. Mandaric had owned Wednesday since December 2010, when he rescued the club from administration and provided £7 million of funds towards clearing debts of over £20 million.

Thursday, January 29, 2015  16:40


World - Chelsea boss Mourinho fined £25,000 over `campaign` claim

Chelsea manager Jose Mourinho has been fined £25,000 over comments he made following his side`s 1-1 draw at Southampton last month, the Football Association announced on Wednesday. Mourinho claimed there was a media-driven `campaign` against his team following a spate of diving allegations and said a yellow card shown to Cesc Fabregas for simulation during the game was a `scandal`. `Following an Independent Regulatory Commission hearing, Jose Mourinho has been fined £25,000 ($38,000, 34,500 euros) after he was found to have breached FA Rules in relation to media comments,` the FA said in a statement on its website. `The Chelsea manager denied that comments he made after the game against Southampton on 28 December 2014 constituted improper conduct in that they alleged and/or implied bias on the part of a referee or referees, and/or brought the game into disrepute.

Wednesday, January 28, 2015  17:04


World - Rodgers eyes upbeat end to troubled season

Brendan Rodgers believes Liverpool`s dominant 2-0 win against Aston Villa can be the springboard for a successful finish to a troubled season. Goals from Fabio Borini and Rickie Lambert at Villa Park on Saturday ensured the Reds` unbeaten run extended to eight matches and boss Rodgers hopes their spluttering form in the first half of the campaign will soon be a distant memory. The prospect of snatching a place in the Premier League`s top four and success in a cup competition especially the League Cup where they meet Chelsea in the semi-final first leg on Tuesday remains a distinct possibility with Liverpool thriving in Rodgers` revamped 3-4-3 formation.

Sunday, January 18, 2015  02:08

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