Olympiakos storm past Madrid to retain Euroleague title
LONDON (Reuters) – Olympiakos Piraeus defeated Real Madrid 100-88 with a dominant second half display on Sunday to win Europe’s premier basketball trophy for the second year running.
Inspired by a vocal travelling support who defied Greece’s economic problems to make the trip to London, Olympiacos battled back from 27-10 down after the first quarter of the Euroleague final to take the lead early in the second half.
Barclays broke rules, used advisory staff for CO2 deal: lawyer
LONDON, April 15 (Reuters Point Carbon) – Barclays plc (BARC.L: Quote, Profile, Research, Stock Buzz) broke internal rules by transferring advisory staff with confidential information to its acquisitions team to help buy a Swedish carbon credit firm, a lawyer for a former client said on Monday.
London-based trading house CF Partners is suing the bank for 82 million euros ($107 million), saying Barclays advised it on a potential bid for Stockholm-based Tricorona in 2008 then used the information to buy the carbon firm itself two years later.
Knicks ease past Pistons in London showdown
LONDON, Jan 17 (Reuters) – Carmelo Anthony led the New York Knicks to a 102-87 victory over the Detroit Pistons in London on Thursday, just five months after he helped Team USA take basketball gold on the same stage at last year’s Olympics.
Anthony, the Knicks’ leading scorer and candidate for the league’s Most Valuable Player award this season, recorded 26 points in the sold out London affair, the third regular season NBA game to be played at the city’s O2 Arena.
Gold medallist basketball player Anthony hungry for London win
LONDON (Reuters) – Carmelo Anthony, fresh from an extreme self-imposed diet, is eager to help grow the NBA’s global brand and position his New York Knicks for a title run when they face the Detroit Pistons in London on Thursday.
The match marks the return of U.S. professional basketball to the O2 Arena, the same London stage where Anthony helped lead the United States to a gold medal at last year’s Olympics.
Gold medallist Anthony hungry for London win
LONDON, Jan 16 (Reuters) – Carmelo Anthony, fresh from an extreme self-imposed diet, is eager to help grow the NBA’s global brand and position his New York Knicks for a title run when they face the Detroit Pistons in London on Thursday.
The match marks the return of U.S. professional basketball to the O2 Arena, the same London stage where Anthony helped lead the United States to a gold medal at last year’s Olympics.
Euro climbs, but gains seen limited before ECB
LONDON, July 31 (Reuters) – The euro rose against the dollar
on Tuesday on month-end demand, but stayed below three-week
highs on doubts the European Central Bank can meet market
expectations of bold steps to combat the debt crisis.
Expectations that the ECB may lower interest rates in coming
months saw the euro hit a record low against the higher-yielding
Australian dollar. The Aussie was also buoyed by comments from
Chinese premier Wen Jiabao that China would fine-tune policy to
support economic growth.
Euro steady, investors nervous before ECB meeting
LONDON (Reuters) – The euro was subdued against the dollar on Tuesday, trading below recent three-week highs on growing doubts the European Central Bank can meet market expectations of bold steps to combat the euro zone debt crisis.
The euro hit a record low against the growth-linked Australian dollar, with higher-yielding currencies retaining gains on expectations that both the ECB and the U.S. Federal Reserve will nonetheless ease policy to support faltering growth.
Sterling down vs dollar as market awaits policymakers
LONDON, July 30 (Reuters) – Sterling lost ground against the
dollar on Monday, in line with a broadly weaker euro, as poor UK
data coupled with investor unease over whether the European
Central Bank will me e t market expectations to support the euro
zone weighed.
The euro zone is the UK’s biggest trading partner and
investors are hoping the ECB will announce bold measures when it
meets this week to stem the euro zone debt crisis. If the ECB
meets expectations, it could boost risk appetite and sterling,
but if it fails to deliver, assets which have a robust
relationship with stocks could suffer.
Sterling eases against dollar, but outperforms euro
LONDON, July 30 (Reuters) – Sterling eased against the
dollar on Monday, in line with a broadly weaker euro as
investors anticipated European Central Bank measures to prop up
the faltering euro zone and also looked to Thursday’s Bank of
England meeting.
The pound slipped by 0.3 percent against the dollar
to $1.5696, retreating from a five-week high of $1.5768 hit on
Friday, which marked the end of a two-day, 1.6 percent rise.
Sterling eases against dollar as euro slips
LONDON, July 30 (Reuters) – Sterling eased against the
dollar on Monday, in line with a broadly weaker euro, as
investors awaited details on European Central Bank measures to
rescue the faltering euro zone and looked forward to Thursday’s
Bank of England meeting.
The pound slipped by 0.3 percent against the dollar
to $1.5699, retreating from a five-week high of $1.5768 hit on
Friday, which marked the end of a two-day, 1.6 percent rise.

