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Football

Atletico's cautious approach losing appeal after latest European failure

LISBON (Reuters) - Atletico Madrid again paid a heavy price for defensive tactics in the Champions League with a 2-1 defeat by unfancied RB Leipzig in the quarter-finals on Thursday as they passed up a golden opportunity to claim Europe's top prize.

Football

Leipzig's astonishing rise reaches new heights

LISBON (Reuters) - There is little in modern football that can truly be described as a fairytale romance but RB Leipzig's journey from Germany's regional league system to the last four of the Champions League in just 11 years surely gets close.

World

U.S. dollar weakens amid stimulus deadlock

NEW YORK, Aug. 13 (Xinhua) -- The U.S. dollar dipped in late trading on Thursday as market participants fretted over the uncertain fate of a new U.S. coronavirus-relief package.

World

Turnover of tourism giant TUI plummets by 98.5 pct in April-June

BERLIN, Aug. 13 (Xinhua) -- Turnover of TUI plummeted by 98.5 percent year-on-year to 72 million euros (85 million U.S. dollars) in the third quarter (Q3) of the company's fiscal year from April to June, the Germany-based tourism giant announced on Thursday.

World

Germany's largest listed companies record 13 pct decline in turnover in Q2: EY

BERLIN, Aug. 13 (Xinhua) -- Turnover of Germany's largest companies listed in the DAX, excluding banks, decreased by 13 percent year-on-year to 283 billion euros (335 billion U.S. dollars) in the second quarter (Q2) 2020, according to a study published by consulting firm Ernst & Young (EY) on Thursday.