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Sri Lanka bondholders raise concerns over debt deal transparency
Sri Lanka bondholders raise concerns over debt deal transparency
LONDON A group of creditors holding Sri Lanka's international bonds said on Friday it welcomed the country's debt
2023-12-01 21:17
Everton launch appeal over 10-point deduction
Everton launch appeal over 10-point deduction
Everton have appealed against the club’s 10-point deduction in the Premier League. An independent commission imposed a 10-point deduction on Everton with immediate effect after breaching the Premier League's profit and sustainability rules. The club were sanctioned on November 17 for a breach of the Premier League's profit and sustainability rules and have 14 days to lodge an appeal. The club confirmed they were “shocked and disappointed” by the ruling, which left them in the relegation zone, having previously sat 14th in the table and eight points above the bottom three. A statement from the club read: “Everton Football Club has today lodged with the Chair of the Premier League’s Judicial Panel its appeal of the decision by a Premier League Commission to impose a 10-point deduction on the Club. An Appeal Board will now be appointed to hear the case.” The decision has been criticised by many, including mayor of Greater Manchester Andy Burnham, who hit out at the Premier League by claims that it is guilty of “regulatory malpractice” and “abuse of process”. The league responded by insisting that it “entirely refuted his allegations.” Burnham, an Everton season-ticket holder, wrote an open letter to Premier League chair Alison Brittain in which he said there had not been a fair process when enforcing the deduction. Everton were deemed to have breached Profit and Sustainability Rules by an independent commission, which determined they had losses of £124.5m over three years – £19.5m over the permitted threshold. But Burnham, a former Secretary of State for Health, was critical of the Premier League for adopting a sanctions policy in August, after Everton had been charged and before their case was heard. “The fact that the Premier League sought to introduce a new sanctions policy in the middle of this process amounts, in my view, to an abuse of process,” he wrote.
2023-12-01 21:16
Chile's economic activity index up 0.3% in October, offset by mining decline
Chile's economic activity index up 0.3% in October, offset by mining decline
Chile's IMACEC economic activity index rose 0.3% in October from the previous year, the central bank said on
2023-12-01 20:59
Top seeds England could face Scotland and Wales as teams await Euro 2024 draw
Top seeds England could face Scotland and Wales as teams await Euro 2024 draw
England, Scotland and Wales could be paired together in Saturday’s Euro 2024 finals draw. The Elbphilharmonie concert hall in Hamburg will host the draw ceremony, which gets under way at 5pm UK time. Gareth Southgate’s England, runners-up at Euro 2020, will be one of the favourites to win the tournament, with in-form Real Madrid star Jude Bellingham set to be the shining light in a strong line-up. Their performances in qualifying, where they topped Group C ahead of reigning European champions Italy, have earned them a place among the top seeds for the draw in what could be Southgate’s final bow as England boss. His contract will be up next December and his future beyond that is uncertain. Scotland are in Pot Three, while Wales are one of the 12 play-off hopefuls occupying three spots in Pot Four. Rob Page’s side still have two big hurdles to overcome in order to join England and Scotland at the finals. They must first beat Finland on March 21 then also see off Poland or Estonia on March 26 to book their passage to Germany. Page said at the time of the play-off draw on November 23: “The form we’re in at the minute and with the ‘Red Wall’ at home, we’ll take anyone on in Cardiff. “It’s a great opportunity for us: we’re two wins at home away from another qualification to a major tournament. We’re hoping now for two big efforts.” The placing of England, Scotland and Wales in different pots keeps open the possibility of them all being drawn together. England faced Scotland in the group stage of Euro 2020 and Wales at the same stage at last year’s World Cup in Qatar. England and Wales also met at the group stage in Euro 2016. From an England perspective, a ‘Group of Death’ would arguably include Denmark, the highest-ranked side in Pot Two, and the Netherlands or Croatia from Pot Three. A rematch with Italy would round out a tough-looking pool for Southgate’s men, with the Azzurri alongside Wales in Pot Four. Southgate, speaking after England’s final qualifier away to North Macedonia, said: “There looks like being really strong teams in Pot Two and Pot Three looks like it could be very strong. “In the Euros we had Croatia in with us, who proved to be one of the best teams in the world over the last few years, and we managed to navigate that, so we’ve just got to be ready for whatever comes our way.” Scotland were extremely impressive in qualification, finishing runners-up to Spain in Group A and booking their place in Germany with two matches to spare. “It’s always nice to qualify for a major tournament,” Clarke said after last month’s final qualifier at home to Norway. “Obviously the last one was Covid-restricted so we missed that connection and that feel with the fans. “It’s great for everyone in the country that we have something to look forward to next summer.” Pot One also contains last year’s World Cup finalists France, a Portugal team who won all 10 of their qualifying matches and a vulnerable-looking host nation Germany, who sacked their coach Hansi Flick in September following a 4-1 friendly defeat to Japan. Read More Pakistan appoint Salman Butt to first official role since spot-fixing conviction Newcastle boss Eddie Howe believes more VAR ‘would ruin the game’ Min Woo Lee continues fine form in hunt for home double On this day in 2021: Johanna Konta retires from tennis Unai Emery eager to top group after Aston Villa reach ECL knockout stages You’ve got to dream big: Lewis Dunk eyes Europa League glory with Brighton
2023-12-01 20:58
Helicopter crashes onto busy Madrid motorway and hits car
Helicopter crashes onto busy Madrid motorway and hits car
A helicopter crashed into a car on a busy Spanish motorway, leaving three people injured. The aircraft, believed to be participating in an aviation fair, smashed into the Madrid ring road on Friday morning. Dramatic images from the scene in Spain show the orange wreckage of the helicopter strewn across the motorway as emergency service workers dealt with the disaster. One passenger was able to leave the smash on foot while the other was rescued from the remains of the helicopter by firefighters. The driver of the car was also injured, according to fire services. One of the crash survivors had a light head injury and another appeared to have a broken femur. The third suffered light injuries, the fire service said. Traffic has been halted in both directions so emergency services can work at the scene. The accident is believed to have been caused by heavy wind that is thought to have destabilised the helicopter. Aviation news website On The Wings of Aviation reported: “The Enstrom 280FX Shark helicopter with registration F-HPUX that was participating in the European Rotors fair that was taking place in Ifema has crashed on the M40 in Madrid shortly after taking off.” Read More Madrid helicopter debris investigated by emergency workers after highway crash Four migrants who were pushed out of a boat die just yards from Spain's southern coast Police arrest 3 in connection with shooting of far-right Spanish politician
2023-12-01 20:52
Wordline shares surge on report Credit Agricole could take stake
Wordline shares surge on report Credit Agricole could take stake
PARIS Shares in Worldline surged almost 12% on Friday after a media report said Credit Agricole was considering
2023-12-01 20:52
Exclusive-EU nuclear agency sees some Russia imports up again in 2023 from before Ukraine war
Exclusive-EU nuclear agency sees some Russia imports up again in 2023 from before Ukraine war
By Gabriela Baczynska BRUSSELS European Union increased imports from Russia of nuclear fuel and services for the bloc's
2023-12-01 20:50
Alibaba dips on MS downgrade as PDD grabs spot of most valuable Chinese e-commerce firm
Alibaba dips on MS downgrade as PDD grabs spot of most valuable Chinese e-commerce firm
U.S.-listed shares of Alibaba Group Holding dipped on Friday following a Morgan Stanley downgrade on concerns over slower
2023-12-01 20:45
National Bank of Canada's fourth-quarter profit jumps on capital markets strength
National Bank of Canada's fourth-quarter profit jumps on capital markets strength
National Bank of Canada reported a rise in fourth-quarter profit on Friday, as a strong performance at its
2023-12-01 20:29
Joao Felix bites back at Antoine Griezmann over criticism of attitude
Joao Felix bites back at Antoine Griezmann over criticism of attitude
Joao Felix responds to Antoine Griezmann's criticism of his attitude during his time at Atletico Madrid.
2023-12-01 20:28
Roundup: Anya Taylor-Joy As Furiosa; Bronny James Cleared to Return to Basketball; Pistons Go Winless in November
Roundup: Anya Taylor-Joy As Furiosa; Bronny James Cleared to Return to Basketball; Pistons Go Winless in November
First look at Anya Taylor-Joy as Furiosa, Bronny James has been cleared to play basketball, the Pistons went 0-16 in November and more in the Roundup.
2023-12-01 20:26
'It captured what Christmas was like for a lot of people,' Shane McGowan's sister praises his most famous song
'It captured what Christmas was like for a lot of people,' Shane McGowan's sister praises his most famous song
The late Shane McGowan captured the reality of what Christmas is like for a lot of people in The Pogues' most famous song 'Fairytale of New York', his sister Siobhan MacGowan has said.
2023-12-01 20:25
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