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World - Hacking victims win record court damages from UK tabloid

The publisher of Britain`s Daily Mirror newspaper was on Thursday ordered to pay former England football star Paul Gascoigne and seven other victims of phone-hacking `unparallelled` awards totalling £1.2 million (1.7 million euros, $1.9 million). Gascoigne, known as Gazza, was awarded £188,250 following a privacy trial at the High Court in London earlier this year, while actress Sadie Frost, the ex-wife of actor Jude Law, received £260,250. Trinity Mirror, which owns the Daily Mirror, Sunday Mirror and Sunday People national tabloids, said it was considering an appeal.

Thursday, May 21, 2015  16:07


World - Thomas Cook cuts losses, says sorry over Corfu deaths

British travel firm Thomas Cook on Wednesday announced a reduction in first-half losses, as its chief executive belatedly apologised for its handling of a family tragedy in Corfu that badly hit its reputation. Losses after tax stood at £302 million ($469 million, 421 million euros) in the six months to the end of March compared with a net loss of £364 million during Thomas Cook`s first half one year earlier. Thomas Cook has faced calls on social media for a boycott over the way it dealt with the deaths of two British children killed by carbon monoxide poisoning on one of its holidays on the Greek island of Corfu in 2006.

Wednesday, May 20, 2015  18:01


World - Sterling agent tempers Liverpool exit reports

The agent of Liverpool forward Raheem Sterling said on Tuesday that media reports his client will ask to leave the club have been `blown somewhat out of proportion`. The sports pages of Britain`s newspapers were dominated by the story that Sterling, 20, will inform Liverpool`s hierarchy of his desire to leave during a meeting with club officials on Friday. Sterling has already admitted turning down a new contract worth around £100,000 ($155,500, 139,000 euros) per week, but his representative Aidy Ward says they will approach the talks with an open mind.

Tuesday, May 19, 2015  11:11


World - Liverpool star Sterling to ask for transfer -- reports

Liverpool forward Raheem Sterling is set to rock the Premier League club by telling them he wants to leave in the close-season, according to reports on Monday. Sterling and his agent Aidy Ward put contract negotiations on hold earlier this season despite being given what Liverpool manager Brendan Rodgers described as a `fantastic offer`. It was reported that offer would have increased the 20-year-old`s wages to around £100,000-a-week and, in response to mounting criticism of his attitude from frustrated Liverpool fans, the England international was forced onto a public relations offensive in which he denied he was a `money-grabber`. Sterling is believed to want to play in the Champions League and Liverpool will be missing from Europe`s elite club competition next term after a disappointing Premier League campaign, which sees them in fifth place, seven points behind fourth placed Manchester United, heading into the final round of fixtures.

Monday, May 18, 2015  23:11


World - Depay passes medical ahead of United move

Netherlands forward Memphis Depay has completed his medical with Manchester United as he moves closer to officially completing his transfer to Old Trafford, the Premier League club announced on Monday. With Depay`s fitness checks out of the way, United say they will `now work towards finalising his registration when the international transfer window opens in June`. United announced earlier this month that they had agreed a £25 million ($39 million) fee with PSV Eindhoven for Depay, who was the top scorer in the Dutch league with 22 goals this season. `It`s a typical Manchester United signing to sign someone who has got potential but hasn`t yet grown to become the finished product,` Neville told Sky Sports.

Monday, May 18, 2015  21:59


World - EU approves Spain`s Sabadell takeover of Britain`s TSB

The EU approved on Monday Spanish lender Sabadell`s £1.7-billion (2.3-billion-euro) takeover of TSB, a unit of Britain`s bailed-out lender Lloyds. Competition Commissioner Margrethe Vestager said the deal announced in March would not breach the European Union`s state aid rules. Lloyds, which is 23-percent state-owned after a bailout at the height of the global financial crisis, is selling its remaining 50-percent stake in TSB, which it floated on the London stock market last year. `Lloyds` recent progress, including the sale of its stake in TSB approved today, shows the effectiveness of EU state aid rules,` Vestager said in a statement.

Monday, May 18, 2015  17:10

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