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Business - Russia in recession in 2015, ruble to stay pressured: Reuters poll

By Kira Zavyalova and Lidia Kelly MOSCOW (Reuters) - The Russian economy will slide next year into its first recession since the global financial crisis and inflation will be close to double digits, economists forecast in a Reuters poll, as the oil price crash and Western sanctions bite. According to the median of 11 economists` predictions, gross domestic product will fall 3.6 percent in 2015. After growth of just 0.5 percent this year, the recession will challenge President Vladimir Putin`s promise last week that Russia can eventually recover from what he called `tough times`. ...

Monday, December 22, 2014  18:10


Sports - Pirates win bidding for Korean shortstop Kang

(Reuters) - The Pittsburgh Pirates have posted the winning bid for power-hitting South Korean shortstop Kang Jung-ho, Major League Baseball said on Monday. Pittsburgh has an exclusive 30-day window to negotiate with the 27-year-old Kang, who hit .356 with 40 home runs and 117 RBIs in 117 games for the Nexen Heroes of the Korean Baseball Organization. The $5 million bid is the second highest for a Korean baseball player, behind the $25.7 million bid the Los Angeles Dodgers posted for starting pitcher Ryu Hyun-jin in 2012. ...

Monday, December 22, 2014  19:04


World - Turner painting of Rome sells for record £30.3 mln in London

London (AFP) - A large oil painting of Rome by JMW Turner fetched the highest price ever paid for a work by the British artist at an auction in London on Wednesday.

Thursday, December 04, 2014  01:03


World - Balotelli given one-match ban over racist post

London (AFP) - Liverpool striker Mario Balotelli has been suspended for one match, fined £25,000 ($39,176) and ordered to attend to an education course after making racist and anti-semitic comments.

Thursday, December 18, 2014  19:02


World - Train fare-dodging London banker banned from finance

London (AFP) - An executive who was forced to pay almost £43,000 after he was caught dodging train fares was banned from working in the finance industry on Monday.

Tuesday, December 16, 2014  01:19


World - Abuse claims against UK Scouts `tip of iceberg`

London (AFP) - Britain`s Scout Association was on Thursday warned that sexual abuse claims that have led to payouts of £500,000 were only the `tip of the iceberg.`

Thursday, December 11, 2014  11:46


World - Winnie-the-Pooh illustration sells for record price

London (AFP) - The original drawing of an iconic literary illustration depicting Winnie-the-Pooh and his friends playing `poohsticks` sold at auction in London on Tuesday for a record-breaking £314,500 ($490,470 or 399,170 euros).

Tuesday, December 09, 2014  19:13


World - Glazer puts 3 mln United shares up for sale

London (AFP) - Edward Glazer has put three million shares in Manchester United up for sale six months after his father Malcolm`s death, and stands to recoup in the region of 45million US dollars (£28.7million).

Monday, December 08, 2014  23:25


World - Castrogiovanni hits out over Leicester exit

London (AFP) - Toulon prop Martin Castrogiovanni has lambasted former side Leicester, claiming in remarks published in the British press on Monday that he paid £100,000 ($156,200, 127,270 euros) in order to leave the club.

Monday, December 08, 2014  16:14


World - Company fined for Kate Moss billboard crush

London (AFP) - A building company was fined £10,000 on Wednesday over the collapse of a Kate Moss billboard on London`s Oxford Street that crushed shoppers.

Thursday, December 04, 2014  01:40

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