Canada

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).

Toronto could lose the $2.95million (B

Organisers of the Indianapolis Championships want to bump the men's tournament up to Masters Series level - just one below Grand Slam status.

The World Anti-Doping Agency will locate its permanent headquarters in Montreal, with the aim of improving the credibility and effectiveness of its war on the use of drugs in sports.

An NHL player agent has dismissed claims clubs are spending too much to attract the star names - despite mounting fears wage bills at some teams are spiralling out of control.

Canadian marketing company Galaxy Sports has acquired an exclusive license from Umbro Worldwide to sell, market and distribute Umbro branded products to retailers in the United States in a five years deal starting January 1 2002.

Greece and Cyprus have agreed to send two satellites into space to advance telecommunications in the region and assist in transmission of the 2004 Athens Olympics.