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Visa’s tough stance puts pressure on other FIFA sponsors to act, experts say
Visa Inc.’s public warning to FIFA that it may end its sponsorship if world soccer’s governing body does not quickly clean up its act will likely prompt other sponsors to take a tough stance as a major corruption scandal involving FIFA unfolds, brand experts said.
Posted on 5-29-2015 at 9:48 AM
Talks stall between Greece and its creditors at G-7 summit
Greece hasn’t yet said how it will pay almost 1.6 billion euros ($1.74 billion US) in International Monetary Fund payments scheduled for next month, with the first transfer due June 5.
Posted on 5-29-2015 at 7:45 AM
OPEC sees rivals boosting oil output despite weak prices
The North American oil boom is proving resilient despite low oil prices, producer group OPEC said in its biggest and most detailed report this year, suggesting the global oil glut could persist for another two years.
Posted on 5-28-2015 at 10:02 AM
Visa to reassess soccer sponsorship if FIFA doesn’t reform quickly
Visa Inc. said it will reassess its sponsorship of FIFA if the World Cup’s governing body fails to reform in the face of international bribery investigations.
Posted on 5-27-2015 at 10:48 PM
World soccer rocked by U.S., Swiss arrests of officials for graft
The world's most popular sport was plunged into turmoil after U.S. and Swiss authorities announced separate inquiries into the activities of the game's powerful ruling body.
Posted on 5-27-2015 at 2:00 PM
Finance Minister says Greece committed to reforms, but rules out more austerity
Greece is committed to liberalizing its economy, reforming its pension system and running a reasonable primary budget surplus, Finance Minister Yanis Varoufakis wrote on Tuesday.
Posted on 5-26-2015 at 8:29 AM
Canada Pension Plan invests $100M in Chilean debt fund
Canada Pension Plan Investment Board invested $100 million in a high-yield corporate debt fund run by Chile’s Moneda Asset Management, after it outperformed all other emerging-market dollar debt funds over the past decade.
Posted on 5-26-2015 at 7:15 AM
Mexico shootout leaves 42 drug gang suspects, 1 officer dead
Violence erupted between Mexican federal forces and suspected drug gang members yesterday in the western state of Michoacan, killing at least 42 of them and one police officer.
Posted on 5-23-2015 at 4:24 PM

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