Is 'tsar' Putin the richest man in Europe?

If emerging reports are to be believed, Russia's outgoing President Vladimir Putin is the richest man in Europe. And that, too, by alleged embezzlement. A report in Guardian says the Time......

Oil drops towards $48 after IMF cuts growth forecast

Brent crude oil prices fell towards $48 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel. Global growth......

Former FIFA boss Havelange named in bribe case

Ex-FIFA President Joao Havelange and his former son-in-law Ricardo Teixeira took multi-million dollar bribes on World Cup deals, Swiss prosecutors said in a legal document released on Wednesday,......

FIFA dismisses Panorama allegations

FIFA has dismissed allegations made by a British Broadcasting Corporation programme against three executive committee members, saying Swiss authorities had already investigated and the case had......

German sports heroes under attack for evading taxe

German sports idols who moved abroad to escape the country's high tax rates were long immune to criticism because their contribution to Germany's renown around the world was seen as outweighing the......