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LONDON (Reuters) - A multi-million dollar payment to a jailed German banker was an "insurance policy", Formula One Chief Executive Bernie Ecclestone said on Wednesday, denying it was linked to the sale of a stake in the business to private equity firm CVC.
PETALING JAYA: The number of athletes for the Myanmar SEA Games in December is expected to be finalised during the team managers’ meeting on Monday.
JOHOR BARU: The FIH World Hockey League semi-finals, which starts in Johor Baru on Saturday, will not have a title sponsor.
KUALA LUMPUR: It may be just a change in name but the goal remains the same.
KUALA LUMPUR: Terengganu Table Tennis Association have taken their state government to task for failing to provide a permanent training centre for their players.
KUALA LUMPUR: The Nestle Koko Krunch Junior Taekwondo Cham-pionships 2013 has gone international with Singapore set to host one leg for the first time.
LONDON (Reuters) - Formula One cars will roar around Singapore's streets this weekend, but the prospect of the motor racing business floating on the stock market there this year has receded following stake sales by its main private equity backer.