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World - Ayre warns Liverpool fans over walkout plan

Liverpool chief executive Ian Ayre has warned Reds fans to `be careful what they wish for` after a supporters group called for an Anfield walkout in protest at rising ticket prices. Supporters` groups are planning to make their unprecedented protest in the 77th minute of Saturday`s Premier League match against Sunderland after Liverpool this week announced a new pricing structure for the 2016-17 season, which will see the most expensive match day ticket in the redeveloped Main Stand rise from £59 ($86, 76 euros) to £77. The new pricing structure will also see the cost of the most expensive season ticket price rise to £1,029, with the lowest costing £685.

Friday, February 05, 2016  17:38


World - Ex-JP Morgan banker fined $1.1bn over `London Whale` scandal

Britain`s financial watchdog on Tuesday fined a former JP Morgan executive for failing to disclose concerns about the so-called `London Whale` affair that cost the bank $6.2 billion. Achilles Macris, ex-boss of the bank`s international chief investment office in London, was fined £792,900 ($1.1 million, 1.0 million euros), the Financial Conduct Authority (FCA) said in a statement. Macris `was responsible for a number of portfolios, including the Synthetic Credit Portfolio, at the time of what became known as the London Whale trades,` the FCA said.

Tuesday, February 09, 2016  17:08


World - Sliding oil prices sends UK deficit to record high

Britain`s trade deficit reached a record high last year as the value of North Sea oil exports tumbled. Total exports fell 2.8 percent, as sliding oil prices hit income earned from sales abroad of North Sea crude. Meanwhile exports of goods to the rest of the European Union fell by £11.6 billion, owing to a `fall in oil exports of £9.8 billion`, the ONS said.

Tuesday, February 09, 2016  15:06


Asia-Pacific - No End to Scrutiny Over Millions Sent to Malaysian Leader`s Accounts

The halt of an official investigation has not quieted questions over how hundreds of millions of dollars ended up in the accounts of Prime Minister Najib Razak.

Friday, February 05, 2016  16:46


World - Liverpool owners scrap ticket hike, apologise to fans

Liverpool`s owners on Wednesday apologised and scrapped controversial plans to hike Anfield ticket prices after 10,000 fans walked out of the ground in protest at the weekend. Principal owner John W Henry and chairman Tom Werner acted after legions of angry Reds fans stormed out of the ground in the 77th minute of Saturday`s home game against Sunderland. The timing reflected the £77 ($112, 99 euros) being asked for the most expensive ticket at Anfield next season.

Wednesday, February 10, 2016  19:53


World - Premier League fans `plot mass walkout over ticket prices`

Football fans in England are considering a mass walkout in protest at rising Premier League ticket prices, the Daily Telegraph reported on Tuesday. An estimated 10,000 Liverpool supporters left Anfield in the 77th minute of Saturday`s 2-2 draw with Sunderland in protest over plans to introduce a most expensive match ticket of £77 ($112, 99 euros). The Football Supporters Federation (FSF), which represents fans in England and Wales, said it would convene a meeting to discuss coordinated action, including a simultaneous fan walkout at top-flight fixtures.

Tuesday, February 09, 2016  13:37


World - BG Group returns to profit before takeover by Shell

British energy group BG Group on Friday announced a return to net profit ahead of its takeover by Shell as exceptional 2014 losses were not repeated last year. The update comes as Royal Dutch Shell is very near to finalising a £47-billion ($68-billion, 62 billion-euros) takeover of its smaller British rival. BG Group net profit for 2015 came in at $2.33 billion, which compared with a loss after tax of $1.04 billion the previous year.

Friday, February 05, 2016  10:07


World - Manchester United set £500 million revenue target

London (AFP) - Manchester United expect to make more than £500 million ($719.5 million, 635.2 million euros) in the 2016 financial year, the club announced on Thursday, despite continued underperformance on the pitch.

Thursday, February 11, 2016  13:59


World - Tunisia makes $500 million from ousted president`s assets

Tunisia has made nearly half a billion dollars from the sale of assets confiscated from ousted president Zine El Abidine Ben Ali and his allies, a minister said Wednesday. In the months following Ben Ali`s flight to Saudi Arabia after the January 2011 revolution that ended his rule, the cash-strapped country seized hundreds of businesses, properties, luxury cars and jewellery belonging to him, his family and his allies. `Since 2011, we made around 1.5 billion dinars (of which) around 1 billion ($500 million, 442 million euros) went into the state`s coffers,` Finance Minister Slim Chaker said.

Wednesday, February 10, 2016  17:11


World - FIFA candidates Prince Ali, Infantino claim votes in Africa

GENEVA (AP) Two soccer federations have defied the Confederation of African Football`s leadership to endorse FIFA presidential candidates on Saturday.

Saturday, February 06, 2016  18:59

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