Perlegrini leaving

MADRID. — Manager Manuel Pellegrini, strongly linked to the vacant Manchester City post, is leaving Malaga at the end of the season, the Chilean announced yesterday. “Professionally, I am living my last

Back injury rules Murray out of French Open

LONDON. — Andy Murray has withdrawn from the French Open tennis tournament with the back injury that forced him out in Italy last week. Britain’s world number two retired in his first match in Rome and

Manchester pushing Rooney into exile

LONDON. — Wayne Rooney fears he is being forced out of Manchester United and into exile as Paris Saint-Germain asked for him. Rooney is adamant that he has not made an official transfer

Gadzikwa appointed IoDZ chair

Business Reporter
STANDARDS Association of Zimbabwe director-general Mrs Eve Gadzikwa has been elected chairperson of the Institute of Directors Zimbabwe.
She takes over from Mr Johannes Mudzengerere, who has been IoDZ chairman for the past three years.

Bayern Munich ready

BERLIN. — Bayern Munich are out to exorcise the ghosts of losing the 2012 Champions League soccer final at home to Chelsea when they take on Borussia Dortmund on Saturday at Wembley for the

Bio-diesel project in limbo

Martin Kadzere Senior Business Reporter
THE bio-diesel plant in Mt Hampden, about 15 kilomtres northwest of Harare, could remain a white elephant after experiments showed that the jatropha plant cannot be sustainably run on a commercial basis.

SA inflation stays at 5,9pc

JOHANNESBURG. — South African inflation remained unchanged at 5,9 percent in April, official data showed yesterday, on the eve of a central bank decision on interest rates.
The consumer price index remained perilously high for the third month in a row, Statistics South Africa said.

Cyprus faces deeper recession

NICOSIA. — Cyprus’s central bank governor said yesterday the country’s teetering economy could fall deeper into recession than previously thought.
“Risks to the outlook are substantial and tilted to the downside,” Panicos Demetriades said in a prepared speech to certified public accountants.

‘Negotiations at gunpoint meaningless’

TEHRAN. — Presidential candidate Gholam-Ali Haddad Adel reiterated that Tehran may not take part in bilateral talks with the United States, adding that negotiation while Iran is under US pressures and

Nigeria’s Etisalat gets US$1bn loan

LAGOS. — One of Nigeria’s leading telecommunications companies, Etisalat, has signed a US$1,2 billion medium-term syndicated loan facility to finance its network expansion plans.

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