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According to sources, the company has identified smaller markets such as Peru, which do not contribute significantly to profits, where it might shut shop in the near term.
History is not likely to be so kind to the 79-year-old Swiss, who only recently compared himself to a mountain goat that keeps "going and going and going and cannot be stopped." Instead, his name is likely to be associated with the succession of corruption scandals which occurred on his watch.
The committee also handed out a 90-day suspension to FIFA Secretary-General Jerome Valcke, who had already been put on leave by the football body, and banned former FIFA Vice-President Chung Mong-joon for six years and fined him 100,000 Swiss francs (67,021).
A Turkish oil-chemical tanker with an all Indian crew of 24 has been hijacked by pirates off the coast of the West African nation Gabon.
Manchester United captain Wayne Rooney did not have the faintest idea who Anthony Martial was when the Monaco forward was linked with a move to Old Trafford earlier this week, according to team mate Morgan Schneiderlin.
Ethiopia ended the hopes of 2010 World Cup hosts South Africa from making next year's finals in Brazil after a dramatic round of African group stage qualifying matches on Sunday.
Neymar's hat-trick lit up a powerful Brazil performance as the 32 nations taking part in this year's World Cup tested out their squads on a busy night of friendlies on Wednesday which also brought victories for Spain, Germany and France.
Rediff.com lists the footballers who died while playing, in the last decade.
Badminton World No 1 Lee Chong Wei has denied cheating or relying on banned substances despite failing a doping test that could lead to a two-year ban.
US Open champion Martin Kaymer sank an eight-foot birdie putt at the first extra hole to beat Bubba Watson in the four-man PGA Grand Slam of Golf in Bermuda on Wednesday.
Rediff.com brings a preview of the main matches coming up this weekend in the English Premier League.
Volkswagen mess costs Germany its strongest nation brand position.
Real Sociedad midfielder Carlos Vela was called up by Mexico for November tour friendlies on Tuesday after turning his back on his country since March 2011.
Cristiano Ronaldo came off the bench and scored an opportunist goal which set Portugal on the way to a 2-0 win in Andorra on Saturday that maintained their chances of qualifying directly for the World Cup.
Sports events produce a multitude of highly amusing and crazy celebrations. Individual and team players have various way of celebrating victory, a goal or point. Some do it with a high-five, blow a kiss, cartwheel or dance. And on the soccer field, it's a soccer ball baby!
Blatter may want business as usual, others say 'go now.'
From the FIFA World Cup finals to the spot-fixing scandals that rocked Indian cricket, we pick the key sporting events on the 2014 calendar.
Images from the UEFA Champions League matches played across Europe on Wednesday
Coritiba forward Joel Tagueu's goal celebration went spectacularly wrong when he jumped over an advertising hoarding and disappeared into a hole during a Brazilian championship match.
FIFA will go ahead with its controversial decision to stage World Cup matches at midday in tropical venues, president Sepp Blatter said on Tuesday as soccer's governing body announced a bafflingly complex procedure for Friday's draw.
At least two of the eight first-round groups of four produced tough obstacles for their participants to progress to the knockout rounds.
The rankings were prepared after examining the volume of terrorist and rebel alerts, messaging traffic, videos, photos, incidents and the number of killed and injured in a country over the past 30 days.
An inspired performance from Douglas Costa helped Brazil to a 3-0 win over Peru on Tuesday and lifted them into third place in the South American qualifying group for the 2018 World Cup in Russia.
Switzerland struck twice in quick succession to stun Euro 2016 champions Portugal 2-0 in a World Cup qualifier on Tuesday and hand them a first competitive defeat in two years under coach Fernando Santos.
Images from the Champions League matches played across Europe on Wednesday.
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