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/ 4 July 2007

Blades remain relegated after losing legal battle

Sheffield United will play in the Championship next season, it was confirmed on Tuesday, after they lost their legal battle against relegation from the English Premiership. The Blades had claimed that West Ham should have been docked points rather than being fined over irregularities in the registration of Carlos Tevez and Javier Mascherano.

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/ 4 July 2007

JSE slightly up, market stagnant

There were no major fireworks on the JSE at midday on Wednesday, with the market being stagnant — only slightly up from early trade — as United States markets were closed for the July 4 Independence Day. At 12pm, the all-share index was up 0,39%. Resources strengthened 0,51%, while the gold and platinum indices added 0,30% and 1% respectively.

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/ 4 July 2007

Beware of men wearing burqas

Two armed men disguised as Muslim women in burqas held up a bank in Sarajevo and got away with some  000. They said the pair entered a Union bank branch in the capital wearing head-to-toe black dresses and veils typical of women adhering to the orthodox Islamic code and trained guns on customers.

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/ 4 July 2007

Green reasons against biofuels

European Union officials have signalled that they will ban subsidies for biofuels in cases where their production causes serious environmental damage. Staff at the union’s executive arm, the European Commission, have now recognised that the production of biofuels can be ecologically destructive.