Real Madrid take top spot in football’s ‘Money League’

Real Madrid take top spot in football’s ‘Money League’

Real Madrid have climbed to the top of football's 'Money League' as the Spanish side surpassed Manchester City to become the highest revenue generating club in 2022-23. For the first time since 2017-18, Real are in pole positon in Deloitte's financial rankings with a reported record revenue of 831 million euros ($905 million), an increase of 118 million euros over the previous year. Although they failed to win La […]

January 25, 2024 8

Sport

Taiwan’s Yu grabs one-stroke lead at Torrey Pines

Taiwan's Kevin Yu, chasing a first US PGA Tour title, carded eight birdies in his eight-under par-64 to take a one-shot lead after the first round of the Farmers Insurance Open at Torrey Pines on Wednesday. Yu, a former world amateur number one who missed four months after suffering a torn meniscus in his left knee last February, edged a stroke clear of world number six Patrick Cantlay and Japanese […]

January 25, 2024 1

Sport

Chargers hire Jim Harbaugh after college triumph

Jim Harbaugh was named as the new head coach of the Los Angeles Chargers on Wednesday, weeks after leading the University of Michigan to the US collegiate crown. Harbaugh, the younger brother of Baltimore Ravens head coach Jim Harbaugh, fills the vacancy created by last month's sacking of Brandon Staley in the wake of the Chargers' 63-point defeat to Las Vegas. The 60-year-old Harbaugh has spent the past nine […]

January 25, 2024 1

Sport

Inexperienced South Africa galvanised for New Zealand Tests

South Africa head coach Shukri Conrad insisted Thursday that a lack of Test experience was "galvanising" his Proteas side for the two-match series in New Zealand. The Proteas have brought a weakened side to play the Black Caps, with many first-choice South African players committed to their domestic Twenty20 competition. Eight of the 15-man squad have yet to play Test cricket, including captain Neil Brand. Fast bowler Duanne Olivier […]

January 25, 2024 2

Business / Economics

Nokia sees ‘challenging’ 2024 after profits plunge

Finnish telecommunications equipment maker Nokia warned Thursday that it expects another tough economic environment in the first half of this year after its net profit sank in the 2023. Nokia and its Swedish rival Ericsson have launched cost-cutting programmes as their customers have reduced spending amid a slowing global economy. The Finnish firm reported a profit of 679 million euros ($739 million) for last year, down 84 percent […]

January 25, 2024 17

World

Europe’s top rights body blasts Serbia over police abuse

The Council of Europe on Thursday slammed Serbia for failing to rein in police abuse, saying in a report that alleged violence by officers could amount to torture. The new report comes less than a year following a visit to Serbia in March 2023 by a delegation from the council's anti-torture committee. During its research trip, representatives from the committee found individuals in police custody in Serbia run the […]

January 25, 2024 15

Lifestyle

Big deal or small beer? Saudi debates first store for booze

The news that Saudi Arabia will allow its first alcohol shop has citizens and foreigners alike mulling one question: is this a minor policy tweak, or a major upheaval? Sources familiar with preparations for the store disclosed details of the plan on Wednesday, as a document circulated indicating just how carefully leaders of the teetotalling Gulf kingdom will manage its operations. Located in the capital's Diplomatic Quarter, the store will […]

January 25, 2024 14

Africa

Lagos styrofoam, plastics ban brings applause and concern

From trash-strewn pavements to street vendors packing meals in polystyrene containers, plastic waste is a constant menace in the urban landscape of Lagos, Nigeria's economic capital and the continent's most populous city. That image could soon change if the local Lagos State government manages to implement its recent ambitious ban on the use of polystyrene and single-use plastics. Sunday's announcement of the ban on styrofoam boxes and single-use plastics, "with […]

January 25, 2024 24

Sport

Warriors pay tribute to coach Milojevic in first game after death

The Golden State Warriors paid an emotional tribute to Dejan Milojevic on Wednesday as the team returned to play for the first time since the Serbian assistant coach died last week from a heart attack. In a moving pre-game ceremony ahead of the Warriors' 134-112 home win over Atlanta, Golden State head coach Steve Kerr led a lengthy ovation to salute the 46-year-old affectionately known as "Deki". Warriors players […]

January 25, 2024 6