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Middle East - Syrian refugee numbers soar at border

Number of Syrian refugees heading for Turkey border nearly doubles, 35,000 in past 24 hours, Turkish official says

Saturday, February 06, 2016  12:46


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


Business - Fox to offer some employees buyouts to save costs

(Reuters) - Twenty-First Century Fox said it would offer some of its employees voluntary exit options with `generous` benefit packages, with the aim of reducing costs. `Some colleagues from Fox Networks Group and 20th†Century Fox will be offered a generous benefit package if they opt to voluntarily leave the company,` a Fox spokesperson said in an e-mailed statement on Monday. The media and film company is targeting $250 million in cost cuts, CNBC tweeted, citing Dow Jones. (Reporting by Alan John Koshy in Bengaluru; Editing by Savio D`Souza)

Monday, February 01, 2016  20:44


World - TV cash scramble pushes Premier League spending past £1bn

Fear of missing out on the English Premier League`s huge television money bonanza in 2016 has propelled transfer spending beyond £1 billion ($1.43 billion, 1.3 billion euros) for the first time. England`s 20 elite clubs have collectively spent more than £1 billion on new players in the season`s two transfer windows, financial consultants Deloitte revealed before the mid-season transfer deadline fell on Monday. `We`ve seen Premier League clubs again use the January window to invest significantly in playing talent,` said Dan Jones from Deloitte`s Sports Business Group.

Monday, February 01, 2016  23:24


Business - Fox to offer employees buyouts to save $250 million in costs

`Some colleagues from Fox Networks Group and 20th†Century Fox will be offered a generous benefit package if they opt to voluntarily leave the company,` a Fox spokesperson said in an e-mailed statement on Monday. The Rupert Murdoch-controlled film and TV company is targeting $250 million in cost cuts in fiscal 2017, which starts in July, another company spokesman said by phone.

Monday, February 01, 2016  21:02


World - Pellegrini plays down City`s summit meeting

Manuel Pellegrini says Manchester City will still have a good chance to win the Premier League even if they lose their summit meeting with surprise leaders Leicester. Pellegrini`s side are three points behind Leicester ahead of Saturday`s crucial clash at Eastlands, where a victory for Claudio Ranieri`s team would leave them firmly in control of the title race with 13 games remaining. Leicester`s midweek win over Liverpool maintained their remarkable rise and Pellegrini is well aware of the threat posed by the Foxes, but City boss is adamant their showdown will not prove a decisive match.

Saturday, February 06, 2016  01:07


World - Vardy forces English giants to wake up to Leicester City threat

As Jamie Vardy`s breathtaking shot plunged into the Liverpool net on Tuesday, the thought dawned on Leicester City`s Premier League rivals that their title challenge might just be for real. Leicester were top at Christmas, but a run of three games without a win prised them from the summit, seemingly fulfilling the prophecy that the Foxes would not stay the course over the season`s second half. As the games pass and the wins continue to flow, Leicester find themselves closing in on what would be the most extraordinary English title triumph since Brian Clough inspired Nottingham Forest to glory in 1978.

Wednesday, February 03, 2016  17:18


World - Vardy wonder-strike fires Leicester title bid

A wonder-goal from England striker Jamie Vardy helped prolong Leicester City`s remarkable Premier League title challenge as they defeated Liverpool 2-0 at the King Power Stadium on Tuesday. Vardy scored both of the Foxes` goals, taking his tally to 18, and the first was a stunning strike from the right-hand corner of the penalty area that capped another astonishing night for his team. Leicester might have claimed the lead inside the opening minute when Liverpool handed possession to the hosts and Riyad Mahrez picked up the ball.

Tuesday, February 02, 2016  22:17


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 - Bank of England cuts UK growth forecasts, holds rates

The Bank of England cut its economic growth forecasts on Thursday and left interest rates at a record-low, as policymakers fretted over slumping oil prices and the darkening global outlook. The BoE`s Monetary Policy Committee (MPC) held its key rate at 0.5 percent in a unanimous vote, where it has stood since March 2009 to stimulate commercial lending and foster economic growth. The MPC also maintained the amount of cash stimulus, or quantitative easing (QE), pumping around the British economy at £375 billion ($542 billion, 495 billion euros) after its latest two-day gathering.

Thursday, February 04, 2016  17:03

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