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• Start 27- 05 - 2008

  
  

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England coach Fabio Capello may cut a figure of stone-faced Italian solidity - but is showing a knack for springing surprises and his choice of John Terry as captain is another.

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Chelsea striker Andriy Shevchenko is close to securing a return to AC Milan, according to one of their directors.

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Marseille say they have negotiated an “agreement in principle” for former Liverpool striker Djibril Cisse to join Sunderland on a season-long loan.

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Newcastle United footballer Joey Barton is being sued for damages by a teenage boy he attacked during a night out.

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Manchester City face a probe by Fifa after Shakhtar Donetsk lodged a complaint about a payment they say they are owed for the sale of Elano.

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MADRID, Aug. 20 (Xinhua) — Young midfielder Ander Iturraspe said on Wednesday that he aims to take his chances to force his way into the first team of the Basque outfit.

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NEW YORK, Aug. 19 (Xinhua) — Wall Street continued to decline Tuesday, after the U.S. government reported worse-than-expected wholesale inflation and as investors worried that financial firms may post more losses.

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CARACAS, Aug. 19 (Xinhua) — Venezuela will propose oil output cuts at the September meeting of the Organization of Petroleum Exporting Countries (OPEC) in case oil prices continue decreasing, Energy and Oil Minister Rafael Ramirez said Tuesday.

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NEW YORK, Aug. 19 (Xinhua) — Crude oil surged back above 116 U.S. dollars a barrel Tuesday after the dollar fell against the euro on a weaker U.S. economic report.

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MEXICO CITY, Aug. 19 (Xinhua) — Mexican cement group Cemex confirmed Tuesday that the Venezuelan government had taken control of the company’s partnership operations in Venezuela.

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BEIJING, Aug. 20 — Wall Street fell sharply for a second straight session yesterday after a hefty jump in wholesale inflation and a drop in new home construction gave investors more reason to believe an economic recovery is far off. The Dow Jones industrial average dropped 130 points.

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NEW YORK, Aug. 19 (Xinhua) — The dollar fell against major currencies on Tuesday as oil prices rebounded and U.S. stocks fell amid weak economic data and financial worries.

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BEIJING, Aug. 20 — Intel Corp, the world’s biggest semiconductor maker, has showed off a new chip that directly controls the memory in computers, invading one of the last market niches dominated by Advanced Micro Devices Inc.

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MACAO, Aug. 19 (Xinhua) — Macao Special Administration Region (SAR) government’s income from direct gaming taxes for the first seven months of this year rose 51.4 percent year-on-year to 24.24 billion patacas (3.03 billion U.S. dollars), according to the figures Tuesday released by the SAR’s Finance Service Bureau (DSF).

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MACAO, Aug. 20 (Xinhua) — Macao’s value of total retail sales amounted 9.15 billion patacas (1.14 U.S. dollars) in the first half of this year, a remarkably increase of 43 percent year-on-year, according to the figures Wednesday released by the city’s Statistics and Census Service (DSEC).

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BEIJING, Aug. 20 — Shanghai Airlines flew into the black in the first half of this year on rising traffic and a government subsidy.

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HONG KONG, Aug. 19 (Xinhua) — Hong Kong and France signed a Memorandum of Understanding (MOU) on cooperation in wine-related businesses on Tuesday.

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PARIS, Aug. 18 (Xinhua) — French Prime Minister Francois Fillon said Monday France needs “structural adjustments” rather than a “revival plan” to drag its economy out of a decline.

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VIENNA, Aug. 18 (Xinhua) — The weekly average oil prices of the Organization of Petroleum Exporting Countries (OPEC) dropped to 109.73 U.S. dollars per barrel last week, the Vienna-based cartel said Monday.

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SEOUL, Aug. 20 (Xinhua) — South Korea’s Samsung Electronics Co. said Wednesday that the company was the top global seller of flash memory products during the first half of 2008.

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HANOI, Aug. 20 (Xinhua) — Vietnam’s economic hub, southern HoChi Minh City, has decided to cease licensing new golf projects tore view socioeconomic effects of already licensed ones, according to local newspaper Pioneer on Wednesday.

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