Americas

In recent years, the meteoric rise of technology, telecom and media (TMT) shares on the world's stock markets has changed the face of Formula One sponsorship. The recent downfall in the sector is now hurting the sport as it struggles keep sponsors.

Bob McClaren, the president of business operations at baseball club Houston Astros, will leave the franchise at the end of the season.

Figures released by national industry organisation Asociacion Brasilena de Telecomunicaciones por Suscripcion (ABTA) have shown that the number of pay-TV subscribers in Brazil rose by 3 percent in this year’s first quarter.

The NFL Quarterback Club has made a financial investment in Canadian artificial grass manufacturers FieldTurf as part of a larger investment in the company by AIG Horizon Partners, LLC

The family of baseball legend Roger Maris and brewing giant Anheuser-Busch Cos. Inc. are both contesting a decision that awarded the family $50 million in a Florida lawsuit against the Budweiser brewer.

David Ginola is set for a legal fight with Aston Villa, claiming he was subjected to defamatory remarks about his physique.

A letter Dick Pound wrote to key Olympic broadcasters and sponsors shortly after his loss in the IOC presidential election was not sour grapes, the Montreal lawyer said Tuesday.

Terms of the agreement struck to settle the Argentinean soccer strike have begun to emerge – with all cash owed to players being placed in trust with Banco Credicoop.

Mexican baseball championship winning club Tigres, is to move from the capital city after 46 years and move to a new venue in Puebla.

The Malaysian Hockey Federation (MHF) is hoping to raise US$3 million (B

If News Corp Ltd. succeeds in its bid to take acquire Hughes Electronics Corp., the Australian news giant could gain control of a merged Latin America satellite television entity, a source at Mexico's Grupo Televisa has said.

Sports agent Leigh Steinberg, who was the inspiration behind the Hollywood film character Jerry Maguire, has accused his former partner David Dunn of stealing his clients through blackmail and fraud.

Tighter security is needed at "non-regular cricket venues", according to the chief investigator of the sport's Anti-Corruption Unit (ACU).

A record first prize of $936,000 will be handed to the winner of this week's PGA Championship at Atlanta Athletic Club.

Satellite channel British Eurosport scored its highest ever TV ratings for its coverage of the World Athletics Championships from Edmonton, Canada.

NBA team the Seattle Sonics is to unveil a new team logo and strip next week in a bid to reflect the change in management and whip up support in the team – and has just signed a new exclusive TV deal.

The Argentine domestic season will finally get under way at the weekend two weeks later than planned after the second players' strike of the year delayed the start.

Galaxy, the amalgamated company of Umbro Canada, Umbro Factory Outlet, and NNA Sports Marketing, has completed its reverse takeover of Galaxy Energy Corp and will trade on the Canadian Venture Exchange (CDNX).