Deco: Brazilian championship still wide open

Deco: Brazilian championship still wide open RIO DE JANEIRO, Oct. 24 (Xinhua) -- Fluminense midfielder Deco has called on his teammates not to let their focus waver as they close in on a second Brazilian Serie A championship in three years. Fluminens

Germany's Boll wins 2012 European table tennis championships

Germany's Boll wins 2012 European table tennis championships COPENHAGEN, Oct. 21(Xinhua) -- Germany's Timo Boll powered his way to victory over Croatia's Tan Ruiwu at the finals of the 2012 European Table Tennis Championships in Herning, central Denm

Ford to quit world rally championship on economic reasons

BERLIN, Oct. 15 (Xinhua) -- The world rally championship will miss Ford next season after the American constructor announced to quit on Monday. It's better for the company and the Ford marque to pull out of the world championship, Ford Europe's vice-

IAAF president satisfied with venue for 2015 world championships

IAAF president satisfied with venue for 2015 world championships BEIJING, Oct. 23 (Xinhua) -- The main stadium for the 2008 Olympic Games in Beijing, known as the Bird's Nest, has been picked as the venue for the world athletics championships in 2015

Economic Confidence Declines in US, Europe

Separate reports on U.S. consumer confidence and European economic sentiment added to the volatility in global markets Tuesday. In the U.S., consumer confidence fell to its lowest level in 16 months, while the European Union's index of economic senti

U.S. death toll from hurricane Irene rises to 40

WASHINGTON, Aug. 30 (Xinhua) -- The death toll from Hurricane and Tropical Storm Irene has risen sharply to at least 40 as of Tuesday, as more bodies were pulled from floodwaters, according to state authorities. Eleven states in the U.S. east coast r

Eurozone Finance Ministers Launch Bailout Fund

Eurozone Finance Ministers Launch Bailout Fund PARIS Europe's new bailout fund is being unveiled as finance ministers from the 17-nation eurozone meet in Luxembourg, amid more gloomy indicators about Europe's economic health. Officially called the Eu

Moody's downgrades Eurozone bailout fund credit outlook

NEW YORK, July 24 (Xinhua) -- Moody's Investors Service on Tuesday cut the outlook for the credit rating of the European Financial Stability Facility (EFSF) to negative from stable, warning that the rescue fund would lose its Aaa rating. The rating a

Greek PM focuses on bailout renegotiation, reforms in policy speech

ATHENS, July 6 (Xinhua)-- Greek Prime Minister Antonis Samaras outlined his government's policy plan on Friday evening, focusing on the renegotiation of bailout terms with international lenders and the acceleration of structural reforms. Renegotiatio

Spanish Bank Bailout Heightens Pressure on Madrid

Economic pressures are growing on Spain after the government took over the country's third largest bank with a $24-billion bailout to account for its toxic real estate loans. Prime Minister Mariano Rajoy said Monday that the debt-ridden government's

OECD: Eurozone Needs Bigger Bailout Fund, Reforms

The Organization for Economic Cooperation and Development (OECD) demanded more reforms and a stronger financial rescue fund to help the eurozone recover from its debt crisis. The call by the Paris-based group comes just days before a key European fin

Eurozone Gives Final OK for Greek Bailout

After months of negotiations with its European neighbors, Greece has secured final approval of a new $170 billion bailout, the country's second rescue package in two years. Luxembourg Prime Minister Jean-Claude Juncker said Wednesday the first instal

Greeks Rally Ahead of Bailout Vote

Thousands of Greeks have taken to the streets of Athens to protest severe austerity measures as eurozone ministers prepare to vote on a new $171 billion bailout for the debt-crippled nation. As the demonstrators marched, Greek Prime Minister Lucas Pa

Greece on 'Knife Edge' to Agree on Bailout

Greek Prime Minister Lucas Papademos continues emergency talks with Greek party leaders Monday on more spending cuts, with his finance minister warning that the country is on a knife edge (brink of disaster). The government and parliament must agree

Finland Getting First Conservative President in 30 Years

Conservative party leader Sauli Niinistoe has won Finland's presidential election by a landslide and will become the country's first conservative president in 30 years. Officials say Mr. Niinistoe, of the National Coalition Party, won 63 percent of t

Spain Denies Seeking Bank Bailout

LONDON - Spain's economy minister has been forced to deny reports his government is seeking international help to prop up its banks, as fears grow that many lenders are facing huge losses on loans. Several banks in Europe's strongest economy, Germany

News Analysis: Putin's diplomatic strategy becomes more pragmatic

MOSCOW, Dec. 20 (Xinhua) -- Russian President Vladimir Putin on Thursday held his eighth press conference on major domestic issues and foreign relations in 12 years and the first of its kind since his return to the Kremlin this May. Putin, in front o

Serena becomes oldest world number one with victory

DOHA, Feb. 15 (Xinhua) -- Serena Williams made the history at the age of 31 as the American became the oldest world number one after a quarter-final victory at the Qatar Open on Friday here. Her 3-6, 6-3, 7-5 battle against Petra Kvitoa of the Czech

Apple becomes most valuable company in history

SAN FRANCISCO, Aug. 20 (Xinhua) -- Apple on Monday became the most valuable company in history after a surge in its stock price, beating the record set by Microsoft in December 1999. Apple's stock price topped 660 U.S. dollars per share, pushing the

Tunisian Mellouli becomes first-ever Olympic medalist in pool and open water

LONDON, Aug. 10 (Xinhua) -- Tunisian swimmer Oussama Mellouli outclassed a field of experienced rivals to win the men's 10km marathon swimming at the London Olympics on Friday, making himself the first swimmer to win medals both in pool and in open w