Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.
Two big derbies and an eventful weekend of football awaits us all...
Disgraced South African track star Oscar Pistorius returns to court on Monday to find out whether he will serve a long stretch behind bars for the negligent killing of his model girlfriend, or walk out a free man.
Barcelona's 2-1 loss at Ajax Amsterdam in the Champions League last week was down to a lack of intensity while Sunday's 1-0 reverse at Athletic Bilbao in La Liga exposed their relative physical frailty.
A summary of sports events and persons who made news on Sunday
Manchester United took over at the top of the Premier League while Barcelona's Argentine forward Lionel Messi could be out for up to two months with a knee injury and rampant Bayern Munich extended their perfect start to seven league wins.
City, who have a 16-point lead, can win the Premier League title with a victory over Jose Mourinho's side at the Etihad Stadium on Saturday, but after their 3-0 loss to Liverpool in the Champions League on Wednesday, Guardiola said the players needed a lift.
Chelsea demolished the team that succeeded them as Premier League winners when champions Leicester City succumbed tamely 3-0 at Stamford Bridge on Saturday.
Summary of the South American World Cup qualifiers played on Thursday
Abducted Indian aid worker Alexis Prem Kumar in Afghanistan is safe and India is confident of getting him rescued unharmed soon, according to a top Indian diplomat.
Formal negotiations are due to start in Athens on Friday.
Top moments from around the world in the week that was.
The crushing of this tiny entity by demanding creditors should be a lesson for all countries, warns T N Ninan.
Images from the English Premier League matches played on Wednesday
Positive cues from the global market front aided the rally.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
The crisis remains acute with the country's banks already closed.
Real Madrid's bid to land Gareth Bale from Tottenham Hotspur for a world record fee in the region of 100 million euros is out of place in the current economic climate, Barcelona coach Gerardo Martino said on Saturday.
United States of America secured their passage into the round of 16 riding on substitute Ayo Akinola's 75-minute strike for a 1-0 victory over Ghana in an enthralling Group A game of the FIFA U-17 World Cup in New Delhi.
The returning Scot also announced his withdrawal from next week's Rogers Cup in Toronto.
There was the usual frenzy of last-minute deals as the English Premier League brought the curtain down on another bumper European transfer window in which Manchester City again flexed their financial muscle as the continent's top spenders.
Manchester City went 11 points clear with a record 14th consecutive Premier League win in an entertaining derby against Manchester United at Old Trafford.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
Chile beat Ecuador 2-1 in their closing South American qualifier in Santiago on Tuesday as both went through automatically to the 2014 World Cup finals in Brazil.
Greeks greeted news of a deal with creditors on Monday with a measure of relief mixed with much anger.
IMAGES from the Champions League matches played on Tuesday
Euro zone policymakers have openly spoken out in favour of a 'yes' vote
Following is a match by match look at the English Premier League's season-opening weekend fixtures:
De Boer, who lasted only 77 days as Crystal Palace manager after losing his first four league games in charge with no goals scored, said in an interview on BT Sport that it was "a pity" Mourinho was Rashford's manager because he was not getting enough chances.
First-half goals by Danny Welbeck and Alex Iwobi earned Arsenal a first win in four league games to revive their Premier League title hopes in the early kickoff at Goodison Park on Saturday.
Argentina's star player Lionel Messi on Monday announced his retirement from international football after missing a penalty in the team's 2-4 defeat against Chile in the Copa America Centenario final at MetLife Stadium in New Jersey. Following Messi's retirement from international football, Rediff.com lists the highs and lows from the player's Argentina career...
This and more from the happenings in the world of football
European heavyweights Barcelona, Bayern Munich, Juventus and Paris St Germain all maintained their leads and Benfica toppled Sporting Lisbon.
Legendary Serbian defender Nemanja Vidic was articulate and candid while speaking at a conference in Mumbai on Friday. Norma Godinho/Rediff.com listens in as Vidic talks of Sir Alex Ferguson's motivational mind games, the Ronaldo bet and Man Utd under Mourinho...
Goals rained in for Manchester City and Manchester United but Juergen Klopp's first game as Liverpool manager was solid rather than spectacular as they drew 0-0 at Tottenham Hotspur in the Premier League.
Chelsea, Bayern Munich, Real Madrid and Juventus consolidated their top-flight leads at the weekend while Paris St Germain proved too strong for Ligue 1 leaders Olympique Marseille.
Arsenal manager Arsene Wenger slammed his side's defending after watching Anderlecht claw their way back from three goals down to earn a 3-3 draw in Champions League Group D on Tuesday.
The long-running feud between Arsene Wenger and Jose Mourinho shows no sign of healing after another high-profile falling out on Sunday, this time the result of a dispute over territory.
Arsenal delivered a brutal lesson in fast-paced Premier League football to beat Liverpool 4-1 on Saturday, maintaining their faint title aspirations and almost certainly dashing their opponents' hopes of a top-four finish.
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