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Ferguson Receives BBC Diamond Award

Former Manchester United boss Sir Alex Ferguson was given a special BBC Sports Personality Diamond Award during the show's 60th edition on Sunday. The Scot, 71, retired in May after 26 years as manager at Old Trafford. Ferguson won 38 trophies...

Day After Burial, S. Africa Unveils Mandela ‘Unity’ Statue

A nine-meter (30-foot) bronze statue of Nelson Mandela with his arms outstretched to symbolize unity and reconciliation was unveiled in South Africa on Monday, a day after the nation buried the former president and anti-apartheid hero. The 4.5 metric ton...

Iraq Violence Kills 54 In Run-Up To Shi’ite Holy Day

Suicide bombers and gunmen killed at least 54 people in Iraq on Monday, medical and police sources said, in attacks mostly targeting Shi'ite Muslims, who mark a big religious festival next week. Al Qaeda-linked Sunni Muslim militants have intensified attacks...

EU Says Door Remains Open To Ukraine As Unity Cracks

Divisions emerged in the European Union's policy towards Ukraine on Monday as the Dutch foreign minister slapped down a senior EU official for announcing on Twitter that he had suspended work on a trade agreement with Kiev. EU foreign ministers...

Protests Greet New Austrian Government

Austria's renewed coalition government of mainstream pro-Europe parties got off to a rough start on Monday as hundreds of people dismayed by the scrapping of the science ministry protested outside the swearing-in ceremony. "Heinzi, don't do it", one sign read,...

U.S. Offers Help To South East Asia, Most To Vietnam, To Patrol Seas

The United States on Monday offered $32.5 million in assistance to Southeast Asian nations, more than half to Vietnam, to boost maritime security, which comes as tension grows with China over rival claims in the South China Sea. On his...

Stock Futures Flat As Investors Turn Eyes To Fed Meeting

Stock futures were little changed on Monday, suggesting investors were reluctant to buy even after a steep decline last week, as they turned their focus to an upcoming Federal Reserve policy meeting. Equities are coming off their worst week in...

AIG To Sell Aircraft Leasing Business In $5.4 Billion Deal

American International Group Inc (AIG.N) said it would sell its aircraft-leasing business to AerCap Holdings NV (AER.N) in a deal valued at about $5.4 billion, marking the insurer's exit from its last non-core business. AIG, which was nearly wiped out...

Lloyds Insurance Market Appoints Its First Female CEO

The Lloyd's of London LOL.UL insurance market has appointed its first ever female chief executive, to replace Richard Ward who announced he was stepping down from the role in July. Inga Beale, a 30 year industry veteran who was previously...

Renault Plans SUVs To Buck Slowing China Growth

Renault (RENA.PA) plans to harness its Formula One renown and alliance with Nissan to build a 3 percent market share as a latecomer to China, after signing a joint venture deal with Dongfeng Motor Group (0489.HK) on Monday. The French...

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