Which Sports Teams Could Face Bankruptcy Threat?

DARREN ROVELL Posted By: Darren Rovell | Sports Business Reporter cnbc.com 09 Oct 2008 | 09:51 AM ET In the midst of the greatest economic freefall this country has ever seen, one of the most popular topics among those in the sports finance world is which team, in which league, will file for bankruptcy first […]

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Somali Pirate Source: $8 Million Ransom Deal in the Offing

By Abdi Sheikh-Reuters Somali Pirate Source: $8 Million Ransom Deal in the Offing to Free Ukraine Ship MOGADISHU An onshore associate of Somali pirates holding a Ukrainian ship with tanks and other weaponry on board said on Wednesday an $8 million ransom deal was in the offing which may enable the boat to be freed […]

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Arab Markets Get Hit Hard

Arab shares see partial recovery Dubai’s stock market dropped by more than 8% on a turbulent day’s trading, adding to substantial losses caused by fears of a faltering property market. Two of the biggest fallers were the Gulf emirate’s property giant Emaar and construction firm Arabtec. Billions of dollars were wiped off other Mid-East exchanges […]

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