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World - No dream job: Khartoum`s walking department store


On the other side of the car, the taxi driver negotiates with a vendor selling cheap flashlights. Business is better during Ramadan than other months, Ali says, but his income of 50-75 pounds a day doesn`t leave much after he pays for food and lodging.


Wednesday, July 23, 2014  04:55

Yahoo

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

Yahoo

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

Yahoo

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

Yahoo

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

Yahoo

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

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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

Yahoo

World - Liverpool start life after Suarez with defeat


Liverpool started life without Luis Suarez on Wednesday with a 2-1 defeat against Danish side Brondby in the club`s opening pre-season friendly. Christian Norgaard gave the home side the lead from a free-kick midway through the first half before Liverpool`s Swedish international winger Kristoffer Peterson levelled early in the second half. Liverpool manager Brendan Rodgers shrugged off the loss in the team`s first game since Suarez`s ‚ ¨95 million ($128 million) move to Barcelona, preferring to concentrate on the challenges of the new Premier League season which starts on August 16.


Wednesday, July 16, 2014  22:41

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World - UK recoups £135 million in tax from leaked Swiss bank list


Britain has recovered £135 million ($231 million, 171 million euros) from clients named on a leaked list of HSBC`s private banking operation in Switzerland, the tax authority said on Wednesday. Her Majesty`s Revenue and Customs (HMRC) told a parliamentary hearing that one person had been prosecuted from a list of 24,000 HSBC Private Bank clients leaked by former employee Herve Falciani, who said he wanted to expose tax evasion. The leak sent shockwaves through the world of Swiss banking, long valued by wealthy individuals for its stability and traditions of banking secrecy, and led to a French probe into HSBC to determine whether it had also helped French customers avoid taxes.


Wednesday, July 16, 2014  21:43

Yahoo

World - IPOs boost London Stock Exchange revenues


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, the LSE said on Wednesday. Revenues surged by 20 percent to £299.9 million ($514 million, 280 million euros) in the three months to the end of June, compared with a year earlier, LSEG said in a results statement. The LSEG`s capital markets division posted a particularly strong performance, with revenue up 16 percent, the operator of Britain`s main exchange and Italy`s Borsa Italiana said. `We have made good progress in the first quarter, delivering a strong financial performance,` said Chief Executive Xavier Rolet in the earnings release.


Wednesday, July 16, 2014  11:56

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