Bernie Ecclestone risks losing his decades-old grip on Formula One motor racing this year, when legal action stemming from the sale of a stake in the sport eight years ago reaches a climax.
Senators call for reforms of US soccer body at FIFA corruption hearing
FIFA President Sepp Blatter began his fifth term at the helm of football's governing body on Saturday facing the daunting task of restoring public faith in an organisation tainted by allegations of corruption and deeply divided over his re-election.
Sepp Blatter was re-elected president of FIFA for a fifth term on Friday after the only other candidate conceded defeat after a first round of voting in an election overshadowed by allegations of corruption in world soccer.Sepp Blatter was re-elected president of FIFA for a fifth term on Friday after the only other candidate conceded defeat after a first round of voting in an election overshadowed by allegations of corruption in world soccer. Blatter's victory came despite demands that he quit in the face of a major bribery scandal being investigated by U.S., Swiss and other law enforcement agencies that plunged the world soccer body into the worst crisis in its 111-year history. Neither Blatter nor Jordanian challenger Prince Ali bin Al Hussein got the necessary two thirds of the vote in the first round, with Blatter on 133 and Prince Ali on 73. Prince Ali later conceded. In a victory speech, Blatter declared: "Let's go FIFA, let's go FIFA," to a standing ovation. Speaking just before the vote, Blatter, who joined FIFA in 1975, said he felt that he had only been with the organisation for a short time and wanted to stay longer. "What is time anyway. I find that the time I have spent at FIFA is very short," he said. "The more one ages the more time flies by quickly. I am with you, and I would like to stay with you," he said to applause.
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Jury finds that Samsung had infringed two Apple patents
Qatar said on Wednesday there was no way it would be stripped of the right to host the World Cup despite the corruption scandal surrounding FIFA, dismissing a 'bashing campaign' of criticism of its 2022 bid as anti-Arab prejudice.
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Prime Minister Narendra Modi, on his first trip to New York as leader of the world's most populous democracy, will draw perhaps the largest crowd ever by a foreign leader on US soil when he takes the stage on Sunday in Madison Square Garden before a crowd forecast to total more than 18,000 people.
Raghuram Rajan joked he wasn't expecting to win any votes or Facebook 'likes' in the position.
US congressional leaders on trade and finance wrote to the US International Trade Commission calling for a second investigation into India's 'unfair' trade practices, detailing any changes under Modi.
A source close to FIFA said that as Blatter has not been arrested, charged or indicted, it would probably be for him to decide whether he stays in his post until February, when he is due to step down.
A Swiss national who has run soccer's powerful governing body for the past 17 years, 79-year-old FIFA boss Sepp Blatter has now for the first time become the focus of a criminal investigation.
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