South America
Business

Dallas-based investment firm Hicks, Muse, Tate & Furst is to slow down its Latin American acquisitions programme, according to US press reports.

ESPN is to produce and televise the third annual Jeep Americas? Cup Volleyball tournament, from August 11 to 20, from Ginasio Poliesportivo (SBC) in S?o Paulo, Brazil.
Sponsorship & Marketing

Argentine buyout fund The Exxel Group is going to launch an Internet soccer portal in the near future.

Chile is to bid for soccer's Confederations Cup 2003 it was announced by the Chilean National Association of Professional Football (ANFP) yesterday.
Business

Chile soccer club Colo Colo has lent its name and support to a new long distance telephone service.

Former Germany striker Rudi Voeller has been appointed ambassador of the German bid to host soccer's 2006 World Cup.

Brazil face a possible World Cup knockout blow from FIFA if found guilty of knowingly fielding over-age players in official competitions.

Formula One needs an African Grand Prix but the calendar must not be enlarged beyond 17 races, team owner Eddie Jordan said.
Business

Air France signed a surprise pay deal with its striking pilots Wednesday, ending a devastating 10-day dispute at the airline just hours before the start of the World Cup soccer tournament.
Business

Former Brazil coach Mario Zagallo will appear in court next month to explain why he played Ronaldo in the World Cup Final.

A senior Brazilian soccer official warned that the game in his country could be plunged into crisis over plans for a Bosman-style law giving players freedom of movement when their contracts end.

Organisers of soccer's Women's World Cup say they are on course to top 500,000 ticket sales before the event kicks-off in June.
Business

FIFA has said Manchester United's decision to take part in its World Team Championship will not make any difference to England's bid to host the 2006 World Cup.
Events

International television rights company CSI Ltd has recently acquired the exclusive television rights for home matches of the English football clubs in the UEFA Cup and the European Pro Beach Soccer League.

Canadian city Montreal has won the race to host the World Swimming Championships in 2005.
Business

Sport site network Rivals.net has teamed up with Entertainment Films to sponsor the movie Mike Bassett ? England Manager.
Business

News Corporation head Rupert Murdoch is looking to restrain the company?s spending and possibly sell off assets to concentrate on the mooted $40billion acquisition of DirecTV, the US satellite operator .

The Brazilian Football Confederation (CBF) has promised to send, literally, a lorry-load of documents to Brasilia to help a Congressional inquiry investigating the country's national sport.