List of All Articles with Tag 'r'

(Reuters) -Bank of Montreal on Friday reported a smaller than expected quarterly profit, pressured by rising expenses and as the

Everton have appealed against the club’s 10-point deduction in the Premier League. An independent commission imposed a 10-point deduction on Everton with immediate effect after breaching the Premier League's profit and sustainability rules. The club were sanctioned on November 17 for a breach of the Premier League's profit and sustainability rules and have 14 days to lodge an appeal. The club confirmed they were “shocked and disappointed” by the ruling, which left them in the relegation zone, having previously sat 14th in the table and eight points above the bottom three. A statement from the club read: “Everton Football Club has today lodged with the Chair of the Premier League’s Judicial Panel its appeal of the decision by a Premier League Commission to impose a 10-point deduction on the Club. An Appeal Board will now be appointed to hear the case.” The decision has been criticised by many, including mayor of Greater Manchester Andy Burnham, who hit out at the Premier League by claims that it is guilty of “regulatory malpractice” and “abuse of process”. The league responded by insisting that it “entirely refuted his allegations.” Burnham, an Everton season-ticket holder, wrote an open letter to Premier League chair Alison Brittain in which he said there had not been a fair process when enforcing the deduction. Everton were deemed to have breached Profit and Sustainability Rules by an independent commission, which determined they had losses of £124.5m over three years – £19.5m over the permitted threshold. But Burnham, a former Secretary of State for Health, was critical of the Premier League for adopting a sanctions policy in August, after Everton had been charged and before their case was heard. “The fact that the Premier League sought to introduce a new sanctions policy in the middle of this process amounts, in my view, to an abuse of process,” he wrote.

Even if mortgage rates ease moderately next year, as some forecasters predict, the average rate on a 30-year home loan could remain above 6%

Bank of Montreal missed analysts’ earnings estimates as the company reported higher expenses related to the integration of

BYD Co.’s sales of electric and plug-in hybrid vehicles hit a record in November, helped by price cuts

Rafael Nadal says he will return to playing at the Brisbane International in Australia in January

LONDON A group of creditors holding Sri Lanka's international bonds said on Friday it welcomed the country's debt

By Gabriela Baczynska BRUSSELS European Union increased imports from Russia of nuclear fuel and services for the bloc's

Chile's IMACEC economic activity index rose 0.3% in October from the previous year, the central bank said on

PARIS Shares in Worldline surged almost 12% on Friday after a media report said Credit Agricole was considering

A helicopter crashed into a car on a busy Spanish motorway, leaving three people injured. The aircraft, believed to be participating in an aviation fair, smashed into the Madrid ring road on Friday morning. Dramatic images from the scene in Spain show the orange wreckage of the helicopter strewn across the motorway as emergency service workers dealt with the disaster. One passenger was able to leave the smash on foot while the other was rescued from the remains of the helicopter by firefighters. The driver of the car was also injured, according to fire services. One of the crash survivors had a light head injury and another appeared to have a broken femur. The third suffered light injuries, the fire service said. Traffic has been halted in both directions so emergency services can work at the scene. The accident is believed to have been caused by heavy wind that is thought to have destabilised the helicopter. Aviation news website On The Wings of Aviation reported: “The Enstrom 280FX Shark helicopter with registration F-HPUX that was participating in the European Rotors fair that was taking place in Ifema has crashed on the M40 in Madrid shortly after taking off.” Read More Madrid helicopter debris investigated by emergency workers after highway crash Four migrants who were pushed out of a boat die just yards from Spain's southern coast Police arrest 3 in connection with shooting of far-right Spanish politician

National Bank of Canada reported a rise in fourth-quarter profit on Friday, as a strong performance at its